FNK vs. FXO ETF Comparison

Comparison of First Trust Mid Cap Value AlphaDEX Fund (FNK) to First Trust Financials AlphaDEX (FXO)

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

$57.37

Average Daily Volume

9,876

Number of Holdings ^*

223

* may have additional holdings in another (foreign) market

FXO

First Trust Financials AlphaDEX

FXO Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant(R) Financials 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 NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the financial services sector 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

$58.27

Average Daily Volume

54,823

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	FNK	FXO
30 Days	7.85%	9.92%
60 Days	5.62%	13.83%
90 Days	5.60%	15.69%
12 Months	27.99%	52.15%

32 Overlapping Holdings

Symbol	Grade	Weight in FNK	Weight in FXO	Overlap
AFG	A	0.15%	0.3%	0.15%
AGO	B	0.84%	1.74%	0.84%
AIZ	A	0.32%	0.31%	0.31%
AMG	B	0.75%	1.6%	0.75%
AXS	A	0.47%	1.23%	0.47%
BEN	C	0.63%	1.62%	0.63%
BOKF	B	0.32%	0.63%	0.32%
BPOP	B	0.14%	1.45%	0.14%
CMA	A	0.33%	0.68%	0.33%
COLB	A	0.51%	1.38%	0.51%
FAF	A	0.14%	0.28%	0.14%
FHN	A	0.57%	1.18%	0.57%
FNB	A	0.51%	1.35%	0.51%
GL	B	0.45%	1.19%	0.45%
JEF	A	0.17%	1.81%	0.17%
LNC	B	0.64%	1.28%	0.64%
MTG	C	0.7%	1.46%	0.7%
OMF	A	0.51%	1.34%	0.51%
ORI	A	0.31%	0.61%	0.31%
OZK	B	0.65%	1.28%	0.65%
PB	A	0.33%	0.66%	0.33%
PNFP	B	0.18%	0.36%	0.18%
RNR	C	0.69%	1.43%	0.69%
SEIC	B	0.34%	1.36%	0.34%
SLM	A	0.31%	0.95%	0.31%
STWD	C	0.14%	0.28%	0.14%
UNM	A	0.71%	1.4%	0.71%
VOYA	B	0.15%	0.59%	0.15%
WAL	B	0.15%	0.61%	0.15%
WBS	A	0.56%	1.48%	0.56%
WTFC	A	0.35%	1.1%	0.35%
ZION	B	0.54%	1.15%	0.54%

FNK Overweight 191 Positions Relative to FXO

Symbol	Grade	Weight
CNX	A	0.87%
MTDR	B	0.86%
OVV	B	0.85%
NOG	A	0.84%
SM	B	0.81%
JXN	C	0.8%
HP	B	0.8%
OSK	B	0.79%
TAP	C	0.78%
PTEN	C	0.78%
CMC	B	0.78%
AL	B	0.77%
HCC	B	0.76%
ATKR	C	0.75%
CIVI	D	0.74%
AMR	C	0.74%
PBF	D	0.73%
PVH	C	0.72%
CHRD	D	0.72%
NOV	C	0.72%
URBN	C	0.72%
UGI	A	0.71%
MUR	D	0.71%
NFE	D	0.71%
RDN	C	0.71%
TMHC	B	0.71%
TEX	D	0.71%
DINO	D	0.7%
LAD	A	0.68%
CADE	B	0.68%
BWA	D	0.68%
LBRT	D	0.67%
G	B	0.66%
DAR	C	0.66%
RUSHA	C	0.66%
TPH	D	0.66%
APA	D	0.66%
MGY	A	0.65%
DDS	B	0.65%
MHO	D	0.65%
LBRDK	C	0.65%
R	B	0.64%
CNO	A	0.64%
RRC	B	0.64%
MTH	D	0.63%
MATX	C	0.63%
ESNT	D	0.63%
LEA	D	0.63%
HOG	D	0.62%
FMC	D	0.61%
GPI	A	0.61%
JAZZ	B	0.61%
COOP	B	0.61%
EVRG	A	0.6%
BKH	A	0.6%
PNW	B	0.6%
ADTN	A	0.6%
SR	A	0.59%
HRI	B	0.59%
OTTR	C	0.59%
NFG	A	0.59%
GBDC	C	0.59%
AAP	C	0.59%
ASO	F	0.58%
BCC	B	0.58%
BBWI	D	0.57%
HST	C	0.57%
KRC	C	0.57%
SOLV	C	0.56%
MOS	F	0.56%
M	D	0.56%
AVT	C	0.56%
POR	C	0.56%
DXC	B	0.55%
MDU	D	0.55%
SUM	B	0.54%
CNXC	F	0.53%
SIG	B	0.53%
KBH	D	0.52%
WCC	B	0.52%
ALK	C	0.51%
CLF	F	0.51%
UHS	D	0.5%
ARW	D	0.5%
SANM	B	0.49%
VLY	B	0.49%
GMS	B	0.48%
AMKR	D	0.48%
BYD	C	0.48%
ABG	B	0.47%
SWX	B	0.46%
OGE	B	0.46%
BERY	B	0.46%
JBL	B	0.46%
OGS	A	0.45%
WHR	B	0.45%
INGR	B	0.44%
RIG	D	0.44%
NXST	C	0.43%
PAG	B	0.43%
THO	B	0.43%
SNX	C	0.42%
POST	C	0.41%
ENS	D	0.41%
BC	C	0.41%
LKQ	D	0.41%
SJM	D	0.4%
SON	D	0.4%
AN	C	0.4%
EMN	D	0.4%
WU	D	0.39%
ASH	D	0.38%
OLN	D	0.37%
BECN	B	0.36%
AEO	F	0.35%
PII	D	0.35%
MLI	C	0.35%
OGN	D	0.34%
UBSI	B	0.33%
HGV	B	0.33%
IDA	A	0.33%
CRC	B	0.32%
ACA	A	0.32%
ABCB	B	0.32%
HII	D	0.32%
VNT	B	0.32%
AR	B	0.32%
HWC	B	0.32%
LPX	B	0.31%
PNM	F	0.31%
SLGN	A	0.3%
KNX	B	0.3%
CUZ	B	0.3%
MIDD	C	0.29%
COLM	B	0.29%
JWN	C	0.29%
KFY	B	0.29%
WTRG	B	0.29%
CRL	C	0.28%
MSM	C	0.28%
AGCO	D	0.28%
FIVE	F	0.28%
ALKS	B	0.28%
UFPI	B	0.28%
ASGN	F	0.27%
REYN	D	0.26%
TKR	D	0.26%
WPC	D	0.26%
TNET	D	0.26%
SKX	D	0.26%
MMS	F	0.25%
IPG	D	0.25%
DIOD	D	0.24%
UHAL	D	0.24%
UMBF	B	0.17%
EPAM	C	0.17%
TPR	B	0.17%
SSB	B	0.16%
RHI	B	0.16%
FLR	B	0.16%
AUB	B	0.16%
GXO	B	0.16%
UCB	A	0.16%
AVNT	B	0.15%
FELE	B	0.15%
HSIC	B	0.15%
WTS	B	0.15%
SKY	A	0.15%
PRGO	B	0.15%
NJR	A	0.15%
ALIT	C	0.15%
DNB	B	0.15%
SEM	B	0.15%
BJ	A	0.15%
MUSA	A	0.15%
PFGC	B	0.15%
RYN	D	0.14%
FUL	F	0.14%
WD	D	0.14%
TTC	D	0.14%
MGM	D	0.14%
SEE	C	0.14%
MAT	D	0.14%
LSTR	D	0.14%
IVZ	B	0.14%
CZR	F	0.13%
IAC	D	0.13%
LFUS	F	0.13%
FBIN	D	0.12%
NSP	D	0.12%
OPCH	D	0.1%

FNK Underweight 69 Positions Relative to FXO

Symbol	Grade	Weight
JHG	A	-1.82%
GS	A	-1.8%
KKR	A	-1.75%
TPG	A	-1.73%
WTM	A	-1.72%
TROW	B	-1.67%
CINF	A	-1.66%
ALL	A	-1.56%
PGR	A	-1.54%
EG	C	-1.42%
BX	A	-1.37%
ACGL	D	-1.35%
HLI	B	-1.34%
EQH	B	-1.31%
MKL	A	-1.26%
RYAN	B	-1.23%
L	A	-1.21%
TW	A	-1.2%
WFC	A	-1.17%
BRK.A	B	-1.17%
ALLY	C	-1.17%
MS	A	-1.15%
EWBC	A	-1.14%
CNA	B	-1.14%
MTB	A	-1.09%
HBAN	A	-1.08%
NTRS	A	-1.07%
FCNCA	A	-1.06%
UWMC	D	-1.02%
NU	C	-1.01%
C	A	-0.99%
SOFI	A	-0.98%
STT	A	-0.97%
BRO	B	-0.96%
CRBG	B	-0.95%
MCO	B	-0.92%
HIG	B	-0.9%
CB	C	-0.9%
AFL	B	-0.89%
AMP	A	-0.69%
OWL	A	-0.68%
FHB	A	-0.68%
VIRT	B	-0.67%
BAC	A	-0.67%
JPM	A	-0.66%
PNC	B	-0.65%
RF	A	-0.65%
CFG	B	-0.65%
FITB	A	-0.64%
TRV	B	-0.63%
USB	A	-0.63%
BK	A	-0.62%
WRB	A	-0.61%
RJF	A	-0.38%
APO	B	-0.38%
SF	B	-0.36%
DFS	B	-0.36%
CFR	B	-0.36%
CBSH	A	-0.35%
KEY	B	-0.33%
MORN	B	-0.31%
AIG	B	-0.3%
PRU	A	-0.3%
AJG	B	-0.3%
RGA	A	-0.3%
PFG	D	-0.29%
FNF	B	-0.28%
XP	F	-0.27%
AGNC	D	-0.26%