FNK vs. MADE ETF Comparison

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

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

$55.26

Average Daily Volume

9,353

Number of Holdings ^*

223

* may have additional holdings in another (foreign) market

MADE

iShares U.S. Manufacturing ETF

MADE Description

The underlying index is designed to measure the performance of equity securities of U.S.-domiciled companies that are involved in manufacturing and manufacturing-related industries and that generate a certain amount of revenues in the U.S., among other eligibility criteria, as determined by SPDJI. The fund generally will invest at least 80% of its assets in the component securities of its underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$25.86

Average Daily Volume

5,918

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FNK	MADE
30 Days	0.29%	1.39%
60 Days	2.29%	4.73%
90 Days	4.08%	8.04%
12 Months	22.57%

13 Overlapping Holdings

Symbol	Grade	Weight in FNK	Weight in MADE	Overlap
ATKR	D	0.8%	0.24%	0.24%
BC	D	0.42%	0.44%	0.42%
ENS	D	0.41%	0.33%	0.33%
FELE	B	0.15%	0.15%	0.15%
HII	F	0.33%	0.13%	0.13%
HOG	F	0.6%	0.31%	0.31%
LFUS	D	0.14%	0.51%	0.14%
MIDD	D	0.28%	0.59%	0.28%
OSK	C	0.79%	0.59%	0.59%
THO	C	0.44%	0.48%	0.44%
TTC	F	0.14%	0.7%	0.14%
VNT	C	0.34%	0.49%	0.34%
WTS	B	0.14%	0.21%	0.14%

FNK Overweight 210 Positions Relative to MADE

Symbol	Grade	Weight
JXN	C	0.87%
CNX	A	0.86%
HP	C	0.85%
MTDR	C	0.82%
NOG	B	0.82%
PTEN	C	0.8%
CMC	B	0.8%
HCC	B	0.79%
AGO	A	0.79%
SM	C	0.78%
OVV	C	0.78%
NFE	F	0.76%
AL	B	0.75%
TEX	D	0.74%
AMG	C	0.74%
TAP	B	0.74%
CIVI	D	0.73%
NOV	D	0.73%
TMHC	B	0.73%
AMR	C	0.72%
PVH	C	0.72%
URBN	C	0.72%
LBRDK	C	0.72%
CHRD	F	0.71%
RDN	D	0.7%
MUR	F	0.7%
PBF	D	0.7%
MTG	D	0.69%
CADE	B	0.69%
LAD	B	0.68%
RUSHA	B	0.68%
MHO	D	0.68%
RNR	C	0.68%
UNM	A	0.67%
LBRT	F	0.67%
DINO	D	0.67%
G	B	0.67%
TPH	D	0.67%
BWA	D	0.67%
UGI	C	0.67%
MATX	B	0.66%
DAR	B	0.65%
MTH	D	0.65%
MGY	A	0.64%
OZK	B	0.64%
APA	F	0.64%
R	B	0.64%
CNO	B	0.64%
LNC	B	0.64%
JAZZ	C	0.64%
LEA	F	0.63%
FMC	D	0.63%
RRC	B	0.63%
DXC	D	0.62%
COOP	B	0.62%
GPI	B	0.61%
ASO	F	0.61%
ESNT	D	0.61%
ADTN	A	0.6%
KRC	C	0.6%
BEN	C	0.6%
HRI	C	0.6%
AAP	D	0.59%
OTTR	C	0.59%
MOS	D	0.59%
CNXC	F	0.59%
BKH	A	0.58%
AVT	C	0.58%
SOLV	F	0.58%
HST	D	0.58%
PNW	B	0.58%
DDS	B	0.57%
NFG	A	0.57%
BCC	C	0.57%
EVRG	A	0.57%
GBDC	B	0.57%
BBWI	C	0.56%
POR	C	0.56%
FHN	A	0.55%
M	D	0.55%
CLF	F	0.55%
SR	A	0.55%
SIG	C	0.54%
ZION	B	0.54%
SUM	B	0.54%
WBS	A	0.54%
KBH	D	0.54%
WCC	B	0.53%
MDU	D	0.53%
ARW	F	0.51%
COLB	B	0.51%
UHS	D	0.51%
SANM	B	0.51%
AMKR	F	0.5%
OMF	A	0.5%
FNB	B	0.5%
VLY	B	0.48%
JBL	C	0.48%
GMS	B	0.48%
BYD	B	0.48%
ALK	A	0.48%
ABG	B	0.47%
BERY	D	0.46%
INGR	B	0.46%
WHR	B	0.45%
RIG	D	0.45%
OGE	A	0.45%
NXST	C	0.44%
SWX	A	0.44%
AXS	A	0.44%
OGS	A	0.43%
SNX	D	0.43%
GL	C	0.43%
LKQ	F	0.42%
PAG	B	0.42%
SJM	D	0.4%
AN	D	0.4%
POST	C	0.4%
EMN	D	0.39%
OLN	F	0.39%
SON	F	0.39%
WU	F	0.38%
ASH	F	0.38%
OGN	F	0.36%
MLI	B	0.36%
WTFC	B	0.35%
PII	F	0.35%
BECN	B	0.34%
AEO	F	0.34%
UBSI	B	0.33%
HGV	C	0.33%
SEIC	B	0.33%
HWC	B	0.33%
CMA	B	0.33%
CRL	D	0.32%
ACA	A	0.32%
BOKF	B	0.32%
CRC	A	0.32%
IDA	A	0.32%
ABCB	B	0.32%
PB	A	0.32%
KNX	B	0.31%
AR	B	0.31%
MSM	D	0.3%
UFPI	C	0.3%
KFY	B	0.3%
AIZ	A	0.3%
ASGN	F	0.3%
ALKS	C	0.3%
CUZ	B	0.3%
SLGN	A	0.29%
WTRG	B	0.29%
PNM	B	0.29%
SLM	B	0.29%
LPX	B	0.29%
ORI	A	0.29%
MMS	D	0.28%
TNET	F	0.28%
COLM	B	0.28%
JWN	C	0.28%
DIOD	F	0.27%
TKR	F	0.26%
SKX	F	0.26%
UHAL	D	0.26%
IPG	F	0.26%
AGCO	F	0.26%
FIVE	F	0.26%
REYN	D	0.25%
WPC	C	0.25%
PNFP	B	0.18%
JEF	A	0.17%
UMBF	B	0.17%
EPAM	C	0.17%
PFGC	B	0.16%
UCB	A	0.16%
RHI	C	0.16%
SSB	B	0.16%
AUB	B	0.16%
SEM	B	0.16%
GXO	B	0.16%
AVNT	B	0.15%
IVZ	C	0.15%
FLR	B	0.15%
VOYA	B	0.15%
AFG	A	0.15%
MUSA	B	0.15%
WAL	B	0.15%
BJ	B	0.15%
TPR	B	0.15%
DNB	B	0.15%
STWD	C	0.14%
CZR	F	0.14%
FAF	C	0.14%
BPOP	C	0.14%
FUL	F	0.14%
WD	D	0.14%
SEE	D	0.14%
NJR	A	0.14%
ALIT	C	0.14%
PRGO	C	0.14%
MAT	D	0.14%
LSTR	D	0.14%
SKY	A	0.14%
IAC	D	0.14%
NSP	F	0.13%
HSIC	C	0.13%
MGM	D	0.13%
RYN	D	0.13%
FBIN	F	0.12%
OPCH	F	0.1%

FNK Underweight 85 Positions Relative to MADE

Symbol	Grade	Weight
GM	B	-4.6%
ETN	B	-4.44%
PCAR	C	-4.43%
APH	B	-4.15%
HON	B	-4.11%
CMI	A	-3.93%
AME	A	-3.63%
DE	C	-3.63%
F	C	-3.47%
TT	A	-3.21%
PH	B	-3.1%
RTX	D	-2.7%
ROK	B	-2.54%
DOV	B	-2.25%
CARR	D	-2.19%
FTV	D	-2.12%
LMT	D	-1.99%
HUBB	B	-1.96%
JCI	B	-1.95%
TDY	B	-1.85%
FSLR	F	-1.55%
SNA	B	-1.54%
BA	D	-1.37%
GD	D	-1.32%
COHR	B	-1.29%
TDG	D	-1.25%
NOC	D	-1.21%
SWK	F	-1.09%
NVT	C	-1.03%
LECO	C	-0.98%
GNRC	B	-0.93%
RRX	B	-0.91%
AYI	B	-0.83%
ALSN	B	-0.83%
LHX	B	-0.8%
HWM	A	-0.78%
FN	B	-0.75%
AXON	A	-0.73%
LII	A	-0.69%
ENPH	F	-0.64%
PNR	B	-0.61%
RIVN	F	-0.59%
IEX	B	-0.59%
MKSI	C	-0.58%
MSA	D	-0.53%
GGG	B	-0.51%
LDOS	C	-0.45%
FSS	B	-0.45%
ITRI	B	-0.44%
BDC	B	-0.41%
AEIS	B	-0.35%
AAON	B	-0.34%
CR	A	-0.31%
ESE	B	-0.3%
AOS	F	-0.3%
JBT	A	-0.29%
CW	B	-0.26%
SPXC	A	-0.26%
CSWI	A	-0.25%
LCII	D	-0.25%
TRN	A	-0.25%
TXT	D	-0.25%
GTLS	A	-0.24%
CXT	C	-0.23%
BMI	C	-0.23%
BE	A	-0.22%
GT	C	-0.22%
HEI	A	-0.19%
ZWS	B	-0.19%
WWD	B	-0.17%
BWXT	A	-0.17%
AIN	C	-0.17%
KBR	F	-0.16%
MWA	B	-0.15%
SAIC	F	-0.14%
LCID	F	-0.13%
NPO	A	-0.12%
MOG.A	B	-0.11%
FOXF	F	-0.11%
PLUG	F	-0.1%
ARRY	F	-0.08%
SHLS	F	-0.07%
KTOS	C	-0.07%
SEDG	F	-0.06%
SPR	D	-0.06%