FNK vs. DRV ETF Comparison

Comparison of First Trust Mid Cap Value AlphaDEX Fund (FNK) to Drexion Daily Real Estate Bear 3x Shares (DRV)

FNK

First Trust Mid Cap Value AlphaDEX Fund

FNK Description

The investment seeks results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Mid Cap Value Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P MidCap 400(R) Value Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$54.78

Average Daily Volume

11,613

Number of Holdings ^*

223

* may have additional holdings in another (foreign) market

DRV

Drexion Daily Real Estate Bear 3x Shares

DRV Description

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the MSCI US REIT IndexSM. The fund, under normal circumstances, creates short positions by investing at least 80% of its assets in financial instruments that provide leveraged and unleveraged exposure to the index. The index is comprised of equity REITs that are included in the MSCI US Investable Market 2500 Index, with the exception of specialty equity REITs that do not generate a majority of their revenue and income from real estate rental and leasing operations. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$23.90

Average Daily Volume

174,905

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FNK	DRV
30 Days	3.72%	-15.01%
60 Days	2.59%	-24.41%
90 Days	7.45%	-36.52%
12 Months	22.47%	-51.81%

6 Overlapping Holdings

Symbol	Grade	Weight in FNK	Weight in DRV	Overlap
CUZ	B	0.54%	0.47%	0.47%
JLL	B	0.18%	0.68%	0.18%
KRC	C	0.69%	0.64%	0.64%
PCH	C	0.16%	0.23%	0.16%
RYN	C	0.31%	0.32%	0.31%
VNO	C	0.2%	0.89%	0.2%

FNK Overweight 217 Positions Relative to DRV

Symbol	Grade	Weight
MHO	B	0.97%
TMHC	A	0.88%
MTH	A	0.88%
GPI	B	0.87%
KBH	A	0.87%
RUSHA	C	0.86%
MTG	B	0.84%
RNR	C	0.84%
RDN	C	0.81%
ESNT	B	0.81%
JXN	A	0.81%
LBRDK	F	0.8%
HOG	C	0.8%
AMG	C	0.79%
LAD	D	0.79%
ASO	C	0.79%
FYBR	C	0.78%
FMC	C	0.78%
TAP	D	0.77%
ESGR	D	0.75%
CNXC	F	0.74%
AGO	C	0.74%
SIG	C	0.73%
BTU	D	0.72%
UHS	B	0.72%
VLY	C	0.71%
SEB	D	0.7%
THC	A	0.7%
COLB	B	0.7%
TEX	F	0.69%
G	C	0.69%
TPH	C	0.68%
PNW	C	0.68%
LBRT	D	0.68%
DAR	F	0.68%
NOG	D	0.67%
BCC	C	0.67%
WTM	D	0.67%
OGS	B	0.66%
AL	D	0.66%
AGCO	D	0.66%
COOP	C	0.66%
EVRG	B	0.66%
SM	F	0.65%
DXC	C	0.64%
BKH	B	0.64%
NFG	B	0.64%
R	A	0.64%
CADE	C	0.64%
PVH	F	0.64%
POR	C	0.64%
GMS	D	0.63%
CHK	D	0.63%
BYD	C	0.63%
MDU	C	0.62%
MOS	F	0.62%
UNM	B	0.62%
HP	F	0.61%
CVI	F	0.61%
ARW	C	0.6%
NOV	F	0.6%
MTDR	F	0.6%
DINO	F	0.6%
WBS	D	0.59%
MUR	F	0.59%
OVV	F	0.59%
AN	D	0.59%
OZK	D	0.58%
BWA	D	0.57%
MATX	B	0.57%
OGN	D	0.57%
PTEN	F	0.56%
WAL	B	0.56%
AVT	C	0.56%
ABG	D	0.55%
GL	C	0.55%
LNC	D	0.54%
CLF	F	0.54%
MGY	C	0.54%
ADTN	D	0.53%
MLI	B	0.53%
CMC	D	0.53%
OSK	F	0.53%
LEA	F	0.52%
URBN	F	0.51%
PNFP	B	0.51%
NI	B	0.51%
PBF	F	0.5%
BERY	B	0.49%
OGE	C	0.49%
AXS	B	0.48%
SON	C	0.47%
ONB	C	0.47%
BC	C	0.47%
UFPI	C	0.47%
AGNC	B	0.47%
APA	F	0.47%
ALLY	F	0.47%
EMN	B	0.46%
HII	D	0.46%
WTFC	C	0.46%
UTHR	C	0.46%
THO	D	0.46%
EWBC	D	0.46%
PAG	D	0.45%
KNX	C	0.45%
PII	D	0.45%
CHRD	F	0.45%
ALK	C	0.44%
JAZZ	D	0.44%
WCC	D	0.44%
FNB	C	0.44%
NRG	C	0.44%
FHN	D	0.43%
NXST	D	0.43%
TKR	D	0.43%
SANM	D	0.43%
VAL	F	0.42%
CZR	C	0.42%
WU	F	0.41%
AEO	F	0.41%
OMF	D	0.41%
OLN	D	0.39%
ASH	D	0.39%
RRC	D	0.37%
DNB	C	0.36%
UMBF	B	0.36%
ATKR	F	0.36%
SSB	B	0.36%
GAP	F	0.36%
IPGP	F	0.35%
ABCB	B	0.35%
FAF	B	0.35%
LNT	B	0.34%
PB	B	0.34%
DDS	F	0.34%
LPX	B	0.34%
SLGN	B	0.34%
ORI	B	0.33%
UBSI	B	0.33%
AIZ	B	0.33%
M	F	0.33%
SAIC	C	0.33%
IDA	C	0.32%
NJR	B	0.32%
IAC	C	0.32%
HOMB	B	0.32%
CMA	B	0.32%
REYN	C	0.32%
BOKF	B	0.32%
ZION	D	0.31%
AYI	B	0.31%
DTM	B	0.31%
PRGO	D	0.31%
MIDD	D	0.31%
BBWI	F	0.31%
SEIC	C	0.3%
GT	F	0.3%
HWC	D	0.3%
UGI	C	0.3%
COLM	C	0.3%
WTRG	D	0.3%
ASGN	D	0.3%
SLM	D	0.29%
SWX	C	0.29%
SKX	D	0.28%
WHR	D	0.28%
DKS	D	0.28%
SNX	D	0.28%
BECN	D	0.27%
ENS	D	0.27%
HGV	F	0.26%
CROX	D	0.26%
RIG	F	0.24%
CAR	F	0.21%
AMKR	F	0.21%
SKY	B	0.2%
CCK	A	0.18%
MAT	C	0.17%
TFX	C	0.17%
JEF	B	0.17%
AFG	B	0.16%
BXMT	C	0.16%
BPOP	C	0.16%
SNV	C	0.16%
NVST	D	0.16%
CACI	B	0.16%
USFD	B	0.16%
IP	B	0.16%
HLI	B	0.16%
MMS	C	0.15%
NEOG	D	0.15%
SUM	D	0.15%
FUL	C	0.15%
RGA	C	0.15%
VOYA	B	0.15%
AVNT	B	0.15%
IVZ	B	0.15%
HSIC	C	0.15%
EHC	C	0.15%
SEE	D	0.14%
KWR	D	0.14%
CRUS	D	0.14%
SIGI	D	0.14%
BHF	F	0.14%
LFUS	C	0.14%
RHI	D	0.14%
LSTR	D	0.14%
PARA	F	0.14%
KEX	C	0.14%
SEM	D	0.14%
GXO	D	0.14%
BJ	D	0.13%
CACC	F	0.13%
LANC	D	0.13%
AR	F	0.12%
AAP	F	0.09%

FNK Underweight 77 Positions Relative to DRV

Symbol	Grade	Weight
AMT	C	-7.96%
CCI	C	-4.65%
PLD	C	-4.59%
EQIX	C	-3.84%
SPG	B	-3.51%
WELL	C	-2.7%
PSA	B	-2.67%
EQR	B	-2.36%
AVB	B	-2.32%
SBAC	C	-2.2%
DLR	B	-2.0%
O	C	-1.87%
WY	C	-1.78%
VTR	C	-1.69%
BXP	B	-1.66%
ESS	B	-1.57%
CBRE	A	-1.5%
ARE	C	-1.42%
INVH	C	-1.26%
MAA	B	-1.18%
EXR	B	-1.1%
WPC	C	-1.09%
SUI	B	-1.08%
UDR	C	-1.07%
HST	C	-1.01%
ELS	C	-0.94%
MPW	C	-0.88%
REG	C	-0.82%
CPT	B	-0.82%
VICI	C	-0.75%
FRT	C	-0.75%
OHI	B	-0.73%
GLPI	C	-0.72%
NNN	C	-0.7%
IRM	C	-0.69%
KIM	C	-0.66%
AIV	B	-0.61%
LAMR	B	-0.61%
SLG	C	-0.58%
AMH	C	-0.56%
DEI	B	-0.54%
COLD	D	-0.5%
BRX	B	-0.48%
CUBE	C	-0.47%
PK	D	-0.46%
HPP	D	-0.44%
EPR	B	-0.43%
FR	B	-0.42%
JBGS	C	-0.4%
HIW	B	-0.4%
REXR	C	-0.4%
EGP	B	-0.39%
RHP	C	-0.33%
STAG	C	-0.32%
OUT	C	-0.32%
SBRA	C	-0.32%
EQC	C	-0.31%
SVC	D	-0.3%
TRNO	C	-0.29%
NHI	C	-0.28%
DOC	C	-0.27%
PEB	D	-0.26%
APLE	D	-0.26%
SHO	C	-0.24%
KW	C	-0.23%
RLJ	D	-0.23%
PDM	B	-0.23%
ADC	C	-0.23%
MAC	B	-0.22%
BDN	B	-0.21%
PGRE	C	-0.2%
LXP	B	-0.18%
XHR	B	-0.18%
UE	B	-0.18%
AAT	B	-0.18%
AKR	B	-0.17%
HASI	C	-0.17%