FNK vs. IYH ETF Comparison

Comparison of First Trust Mid Cap Value AlphaDEX Fund (FNK) to iShares U.S. Healthcare ETF (IYH)

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

12,057

Number of Holdings ^*

223

* may have additional holdings in another (foreign) market

IYH

iShares U.S. Healthcare ETF

IYH Description

The investment seeks to track the investment results of an index composed of U.S. equities in the healthcare sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Health Care Index (the "underlying index"), which measures the performance of the healthcare sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$65.89

Average Daily Volume

213,380

Number of Holdings ^*

105

* may have additional holdings in another (foreign) market

Performance

Period	FNK	IYH
30 Days	0.95%	0.92%
60 Days	1.07%	5.52%
90 Days	6.08%	7.37%
12 Months	19.65%	19.57%

10 Overlapping Holdings

Symbol	Grade	Weight in FNK	Weight in IYH	Overlap
EHC	B	0.15%	0.15%	0.15%
HSIC	C	0.15%	0.15%	0.15%
JAZZ	D	0.44%	0.11%	0.11%
NVST	D	0.16%	0.06%	0.06%
OGN	D	0.57%	0.09%	0.09%
PRGO	D	0.31%	0.06%	0.06%
TFX	C	0.17%	0.19%	0.17%
THC	B	0.7%	0.26%	0.26%
UHS	B	0.72%	0.23%	0.23%
UTHR	C	0.46%	0.25%	0.25%

FNK Overweight 213 Positions Relative to IYH

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

FNK Underweight 95 Positions Relative to IYH

Symbol	Grade	Weight
LLY	C	-13.16%
UNH	C	-9.15%
JNJ	B	-6.69%
ABBV	C	-5.76%
MRK	D	-4.92%
TMO	C	-3.91%
ABT	C	-3.37%
DHR	B	-3.04%
AMGN	B	-2.99%
ISRG	C	-2.9%
PFE	C	-2.78%
SYK	C	-2.24%
ELV	C	-2.14%
VRTX	D	-2.1%
BSX	B	-2.05%
REGN	C	-2.02%
MDT	C	-2.0%
GILD	B	-1.73%
CI	C	-1.7%
BMY	C	-1.67%
ZTS	B	-1.46%
HCA	B	-1.28%
BDX	F	-1.13%
IQV	C	-0.72%
EW	F	-0.69%
IDXX	C	-0.69%
A	C	-0.67%
CNC	C	-0.67%
HUM	F	-0.65%
GEHC	C	-0.62%
RMD	C	-0.61%
ALNY	B	-0.56%
VEEV	C	-0.54%
BIIB	F	-0.48%
DXCM	F	-0.46%
CAH	C	-0.46%
STE	C	-0.4%
WST	D	-0.37%
MRNA	F	-0.37%
COO	B	-0.36%
ZBH	F	-0.36%
MOH	C	-0.35%
BAX	C	-0.34%
ILMN	C	-0.34%
AVTR	B	-0.31%
ALGN	D	-0.31%
LH	B	-0.31%
HOLX	B	-0.31%
DGX	B	-0.29%
BMRN	F	-0.27%
PODD	B	-0.27%
RVTY	B	-0.25%
NTRA	B	-0.24%
VTRS	C	-0.23%
INCY	C	-0.2%
EXAS	C	-0.2%
NBIX	F	-0.2%
SRPT	F	-0.19%
TECH	C	-0.19%
CTLT	B	-0.18%
RPRX	C	-0.18%
CRL	D	-0.17%
SOLV	C	-0.16%
MEDP	D	-0.15%
DVA	B	-0.14%
CHE	C	-0.14%
EXEL	B	-0.13%
ITCI	D	-0.13%
RGEN	F	-0.13%
GMED	D	-0.13%
PEN	D	-0.12%
VKTX	C	-0.12%
ACHC	C	-0.12%
ELAN	D	-0.12%
BIO	C	-0.11%
IONS	F	-0.11%
BRKR	D	-0.11%
INSP	C	-0.1%
RARE	B	-0.09%
XRAY	D	-0.09%
DOCS	B	-0.08%
MASI	D	-0.08%
APLS	F	-0.07%
ROIV	C	-0.07%
AMED	C	-0.05%
RCM	C	-0.04%
TXG	D	-0.04%
ENOV	F	-0.04%
PINC	C	-0.04%
QDEL	D	-0.04%
SHC	B	-0.04%
AZTA	D	-0.04%
FTRE	F	-0.03%
CERT	F	-0.02%
GRAL	F	-0.01%