FNK vs. MDY ETF Comparison

Comparison of First Trust Mid Cap Value AlphaDEX Fund (FNK) to SPDR MidCap Trust Series I (MDY)

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

MDY

SPDR MidCap Trust Series I

MDY Description

The investment seeks to provide investment results that, before expenses, generally correspond to the price and yield performance of the S&P MidCap 400 Index. The Trust holds the Portfolio and cash and is not actively "managed" by traditional methods. To maintain the correspondence between the composition and weightings of Portfolio Securities and component stocks of the S&P MidCap 400 Index, the Trustee adjusts the Portfolio from time to time to conform to periodic changes in the identity and/or relative weightings of Index Securities.

Grade (RS Rating)

Last Trade

$610.71

Average Daily Volume

740,282

Number of Holdings ^*

392

* may have additional holdings in another (foreign) market

Performance

Period	FNK	MDY
30 Days	7.85%	7.14%
60 Days	5.62%	7.25%
90 Days	5.60%	8.18%
12 Months	27.99%	32.61%

125 Overlapping Holdings

Symbol	Grade	Weight in FNK	Weight in MDY	Overlap
AFG	A	0.15%	0.32%	0.15%
AGCO	D	0.28%	0.21%	0.21%
AMG	B	0.75%	0.2%	0.2%
AMKR	D	0.48%	0.1%	0.1%
AN	C	0.4%	0.14%	0.14%
AR	B	0.32%	0.26%	0.26%
ARW	D	0.5%	0.22%	0.22%
ASGN	F	0.27%	0.14%	0.14%
ASH	D	0.38%	0.14%	0.14%
AVNT	B	0.15%	0.15%	0.15%
AVT	C	0.56%	0.16%	0.16%
BC	C	0.41%	0.18%	0.18%
BERY	B	0.46%	0.28%	0.28%
BJ	A	0.15%	0.39%	0.15%
BKH	A	0.6%	0.14%	0.14%
BYD	C	0.48%	0.16%	0.16%
CADE	B	0.68%	0.21%	0.21%
CHRD	D	0.72%	0.27%	0.27%
CIVI	D	0.74%	0.15%	0.15%
CLF	F	0.51%	0.21%	0.21%
CMC	B	0.78%	0.21%	0.21%
CNO	A	0.64%	0.13%	0.13%
CNX	A	0.87%	0.18%	0.18%
CNXC	F	0.53%	0.07%	0.07%
COLB	A	0.51%	0.21%	0.21%
COLM	B	0.29%	0.09%	0.09%
CUZ	B	0.3%	0.16%	0.16%
DAR	C	0.66%	0.21%	0.21%
DINO	D	0.7%	0.22%	0.22%
ENS	D	0.41%	0.13%	0.13%
ESNT	D	0.63%	0.22%	0.22%
FAF	A	0.14%	0.23%	0.14%
FBIN	D	0.12%	0.36%	0.12%
FHN	A	0.57%	0.32%	0.32%
FIVE	F	0.28%	0.18%	0.18%
FLR	B	0.16%	0.31%	0.16%
FNB	A	0.51%	0.18%	0.18%
G	B	0.66%	0.22%	0.22%
GXO	B	0.16%	0.25%	0.16%
HGV	B	0.33%	0.08%	0.08%
HOG	D	0.62%	0.13%	0.13%
HWC	B	0.32%	0.16%	0.16%
IDA	A	0.33%	0.19%	0.19%
INGR	B	0.44%	0.3%	0.3%
JAZZ	B	0.61%	0.23%	0.23%
JEF	A	0.17%	0.36%	0.17%
JWN	C	0.29%	0.08%	0.08%
KBH	D	0.52%	0.2%	0.2%
KNX	B	0.3%	0.29%	0.29%
KRC	C	0.57%	0.15%	0.15%
LAD	A	0.68%	0.31%	0.31%
LEA	D	0.63%	0.19%	0.19%
LFUS	F	0.13%	0.21%	0.13%
LPX	B	0.31%	0.21%	0.21%
LSTR	D	0.14%	0.22%	0.14%
M	D	0.56%	0.15%	0.15%
MAT	D	0.14%	0.24%	0.14%
MIDD	C	0.29%	0.24%	0.24%
MMS	F	0.25%	0.18%	0.18%
MSM	C	0.28%	0.12%	0.12%
MTDR	B	0.86%	0.21%	0.21%
MTG	C	0.7%	0.22%	0.22%
MUR	D	0.71%	0.15%	0.15%
MUSA	A	0.15%	0.31%	0.15%
NFG	A	0.59%	0.19%	0.19%
NJR	A	0.15%	0.16%	0.15%
NOV	C	0.72%	0.21%	0.21%
NSP	D	0.12%	0.1%	0.1%
NXST	C	0.43%	0.18%	0.18%
OGE	B	0.46%	0.28%	0.28%
OGS	A	0.45%	0.14%	0.14%
OLN	D	0.37%	0.17%	0.17%
OPCH	D	0.1%	0.14%	0.1%
ORI	A	0.31%	0.29%	0.29%
OSK	B	0.79%	0.23%	0.23%
OVV	B	0.85%	0.36%	0.36%
OZK	B	0.65%	0.16%	0.16%
PAG	B	0.43%	0.1%	0.1%
PB	A	0.33%	0.24%	0.24%
PBF	D	0.73%	0.1%	0.1%
PFGC	B	0.15%	0.44%	0.15%
PII	D	0.35%	0.13%	0.13%
PNFP	B	0.18%	0.28%	0.18%
PNM	F	0.31%	0.14%	0.14%
POR	C	0.56%	0.17%	0.17%
POST	C	0.41%	0.18%	0.18%
PRGO	B	0.15%	0.12%	0.12%
PVH	C	0.72%	0.19%	0.19%
R	B	0.64%	0.22%	0.22%
RNR	C	0.69%	0.47%	0.47%
RRC	B	0.64%	0.25%	0.25%
RYN	D	0.14%	0.14%	0.14%
SEIC	B	0.34%	0.25%	0.25%
SKX	D	0.26%	0.28%	0.26%
SLGN	A	0.3%	0.14%	0.14%
SLM	A	0.31%	0.17%	0.17%
SNX	C	0.42%	0.3%	0.3%
SON	D	0.4%	0.18%	0.18%
SR	A	0.59%	0.13%	0.13%
SSB	B	0.16%	0.26%	0.16%
STWD	C	0.14%	0.22%	0.14%
SWX	B	0.46%	0.15%	0.15%
TEX	D	0.71%	0.12%	0.12%
THO	B	0.43%	0.19%	0.19%
TKR	D	0.26%	0.18%	0.18%
TMHC	B	0.71%	0.25%	0.25%
TTC	D	0.14%	0.29%	0.14%
UBSI	B	0.33%	0.18%	0.18%
UFPI	B	0.28%	0.26%	0.26%
UGI	A	0.71%	0.18%	0.18%
UMBF	B	0.17%	0.17%	0.17%
UNM	A	0.71%	0.38%	0.38%
VLY	B	0.49%	0.14%	0.14%
VNT	B	0.32%	0.2%	0.2%
VOYA	B	0.15%	0.27%	0.15%
WAL	B	0.15%	0.31%	0.15%
WBS	A	0.56%	0.31%	0.31%
WCC	B	0.52%	0.3%	0.3%
WHR	B	0.45%	0.2%	0.2%
WPC	D	0.26%	0.42%	0.26%
WTFC	A	0.35%	0.27%	0.27%
WTRG	B	0.29%	0.34%	0.29%
WTS	B	0.15%	0.18%	0.15%
WU	D	0.39%	0.13%	0.13%
ZION	B	0.54%	0.27%	0.27%

FNK Overweight 98 Positions Relative to MDY

Symbol	Grade	Weight
AGO	B	0.84%
NOG	A	0.84%
SM	B	0.81%
JXN	C	0.8%
HP	B	0.8%
TAP	C	0.78%
PTEN	C	0.78%
AL	B	0.77%
HCC	B	0.76%
ATKR	C	0.75%
AMR	C	0.74%
URBN	C	0.72%
NFE	D	0.71%
RDN	C	0.71%
BWA	D	0.68%
LBRT	D	0.67%
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%
LNC	B	0.64%
MTH	D	0.63%
MATX	C	0.63%
BEN	C	0.63%
FMC	D	0.61%
GPI	A	0.61%
COOP	B	0.61%
EVRG	A	0.6%
PNW	B	0.6%
ADTN	A	0.6%
HRI	B	0.59%
OTTR	C	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%
SOLV	C	0.56%
MOS	F	0.56%
DXC	B	0.55%
MDU	D	0.55%
SUM	B	0.54%
SIG	B	0.53%
ALK	C	0.51%
OMF	A	0.51%
UHS	D	0.5%
SANM	B	0.49%
GMS	B	0.48%
ABG	B	0.47%
AXS	A	0.47%
JBL	B	0.46%
GL	B	0.45%
RIG	D	0.44%
LKQ	D	0.41%
SJM	D	0.4%
EMN	D	0.4%
BECN	B	0.36%
AEO	F	0.35%
MLI	C	0.35%
OGN	D	0.34%
CMA	A	0.33%
CRC	B	0.32%
ACA	A	0.32%
BOKF	B	0.32%
ABCB	B	0.32%
HII	D	0.32%
AIZ	A	0.32%
KFY	B	0.29%
CRL	C	0.28%
ALKS	B	0.28%
REYN	D	0.26%
TNET	D	0.26%
IPG	D	0.25%
DIOD	D	0.24%
UHAL	D	0.24%
EPAM	C	0.17%
TPR	B	0.17%
RHI	B	0.16%
AUB	B	0.16%
UCB	A	0.16%
FELE	B	0.15%
HSIC	B	0.15%
SKY	A	0.15%
ALIT	C	0.15%
DNB	B	0.15%
SEM	B	0.15%
FUL	F	0.14%
WD	D	0.14%
MGM	D	0.14%
BPOP	B	0.14%
SEE	C	0.14%
IVZ	B	0.14%
CZR	F	0.13%
IAC	D	0.13%

FNK Underweight 267 Positions Relative to MDY

Symbol	Grade	Weight
ILMN	D	-0.79%
TPL	A	-0.76%
EME	C	-0.72%
LII	A	-0.67%
CSL	C	-0.67%
WSM	B	-0.6%
RPM	A	-0.57%
WSO	A	-0.57%
IBKR	A	-0.57%
UTHR	C	-0.57%
MANH	D	-0.56%
DT	C	-0.55%
RBA	A	-0.54%
FNF	B	-0.54%
BURL	A	-0.54%
RS	B	-0.54%
OC	A	-0.53%
PSTG	D	-0.53%
TOL	B	-0.52%
USFD	A	-0.52%
XPO	B	-0.52%
AVTR	F	-0.52%
THC	D	-0.51%
EQH	B	-0.5%
CASY	A	-0.5%
COHR	B	-0.49%
DOCU	A	-0.49%
ACM	A	-0.49%
GLPI	C	-0.48%
RGA	A	-0.48%
FIX	A	-0.48%
EWBC	A	-0.47%
GGG	B	-0.47%
CW	B	-0.46%
SAIA	B	-0.45%
TTEK	F	-0.45%
ELS	C	-0.45%
TXRH	C	-0.44%
SFM	A	-0.44%
JLL	D	-0.44%
CACI	D	-0.43%
NVT	B	-0.43%
BMRN	D	-0.43%
NBIX	C	-0.42%
SCI	B	-0.41%
SRPT	D	-0.41%
ITT	A	-0.4%
LAMR	D	-0.4%
CLH	B	-0.4%
DKS	C	-0.39%
LECO	B	-0.38%
OHI	C	-0.38%
DUOL	A	-0.38%
FND	C	-0.38%
RRX	B	-0.38%
AMH	D	-0.38%
BWXT	B	-0.38%
ATR	B	-0.38%
CCK	C	-0.38%
BLD	D	-0.37%
SF	B	-0.37%
CUBE	D	-0.37%
CHDN	B	-0.36%
AA	B	-0.36%
CG	A	-0.36%
WMS	D	-0.36%
EHC	B	-0.35%
WWD	B	-0.34%
ONTO	D	-0.34%
CNH	C	-0.34%
ARMK	B	-0.34%
EVR	B	-0.33%
EXEL	B	-0.33%
KNSL	B	-0.33%
EXP	A	-0.33%
RGLD	C	-0.33%
ALLY	C	-0.33%
CIEN	B	-0.32%
NYT	C	-0.32%
HLI	B	-0.32%
AYI	B	-0.32%
PRI	A	-0.32%
REXR	F	-0.32%
MORN	B	-0.31%
AIT	A	-0.31%
PEN	B	-0.31%
KBR	F	-0.31%
GME	C	-0.3%
PR	B	-0.3%
X	C	-0.3%
FN	D	-0.3%
DTM	B	-0.3%
ENSG	D	-0.3%
AAL	B	-0.3%
DCI	B	-0.3%
GMED	A	-0.29%
AXTA	A	-0.29%
TPX	B	-0.29%
LNW	D	-0.29%
EGP	F	-0.29%
HRB	D	-0.29%
WING	D	-0.29%
GPK	C	-0.29%
BRBR	A	-0.29%
CNM	D	-0.29%
NNN	D	-0.28%
MEDP	D	-0.28%
PCTY	B	-0.28%
BRX	A	-0.28%
CHE	D	-0.28%
RBC	A	-0.28%
CFR	B	-0.28%
AAON	B	-0.27%
TREX	C	-0.27%
TKO	B	-0.27%
FYBR	D	-0.27%
OLED	D	-0.27%
SAIC	F	-0.26%
HQY	B	-0.26%
ADC	B	-0.26%
MTZ	B	-0.26%
SSD	D	-0.26%
LNTH	D	-0.26%
CR	A	-0.26%
SNV	B	-0.25%
HLNE	B	-0.25%
CBSH	A	-0.25%
CVLT	B	-0.24%
BIO	D	-0.24%
VNO	B	-0.24%
FCN	D	-0.24%
CGNX	C	-0.24%
FLS	B	-0.24%
FR	C	-0.24%
WH	B	-0.24%
GNTX	C	-0.24%
LSCC	D	-0.24%
ESAB	B	-0.24%
RGEN	D	-0.24%
WEX	D	-0.24%
MSA	D	-0.23%
H	B	-0.23%
COKE	C	-0.23%
PLNT	A	-0.23%
KEX	C	-0.23%
MKSI	C	-0.23%
EXLS	B	-0.23%
ANF	C	-0.23%
RYAN	B	-0.23%
STAG	F	-0.23%
ALV	C	-0.23%
MTN	C	-0.22%
BRKR	D	-0.22%
VMI	B	-0.22%
MASI	A	-0.22%
CROX	D	-0.22%
HALO	F	-0.22%
MTSI	B	-0.22%
RLI	B	-0.22%
CYTK	F	-0.21%
NOVT	D	-0.21%
DBX	B	-0.21%
ONB	B	-0.21%
ALTR	B	-0.21%
SRCL	C	-0.2%
WFRD	D	-0.2%
CRUS	D	-0.2%
CBT	C	-0.2%
GBCI	B	-0.2%
ELF	C	-0.2%
CHX	C	-0.19%
KNF	A	-0.19%
SIGI	C	-0.19%
OLLI	D	-0.19%
KRG	B	-0.19%
GTLS	B	-0.18%
RMBS	C	-0.18%
ST	F	-0.18%
VVV	F	-0.18%
DOCS	C	-0.18%
JHG	A	-0.18%
KD	B	-0.18%
THG	A	-0.18%
APPF	B	-0.17%
EXPO	D	-0.17%
HXL	D	-0.17%
AM	A	-0.17%
GATX	A	-0.17%
ROIV	C	-0.17%
PSN	D	-0.17%
HOMB	A	-0.17%
WMG	C	-0.16%
BCO	D	-0.16%
SBRA	C	-0.16%
GAP	C	-0.16%
FFIN	B	-0.16%
BDC	B	-0.16%
XRAY	F	-0.16%
CELH	F	-0.16%
RH	B	-0.16%
ORA	B	-0.15%
LITE	B	-0.15%
DLB	B	-0.15%
FLO	D	-0.15%
QLYS	C	-0.15%
IRT	A	-0.15%
WLK	D	-0.15%
ACHC	F	-0.14%
LOPE	B	-0.14%
NEU	C	-0.14%
EEFT	B	-0.14%
HAE	C	-0.13%
ALE	A	-0.13%
SMG	D	-0.13%
KMPR	B	-0.13%
TNL	A	-0.12%
LANC	C	-0.12%
SLAB	D	-0.12%
VAL	D	-0.12%
POWI	D	-0.12%
EPR	D	-0.12%
IRDM	D	-0.12%
ASB	B	-0.12%
TCBI	B	-0.12%
NVST	B	-0.12%
CDP	C	-0.12%
AMED	F	-0.11%
TDC	D	-0.11%
FHI	A	-0.11%
CHH	A	-0.11%
ZI	D	-0.11%
ALGM	D	-0.11%
WEN	D	-0.11%
IBOC	A	-0.11%
NWE	B	-0.11%
LIVN	F	-0.1%
NEOG	F	-0.1%
BHF	B	-0.1%
GHC	C	-0.1%
PK	B	-0.1%
NSA	D	-0.1%
YETI	C	-0.1%
MAN	D	-0.1%
PCH	D	-0.1%
BLKB	B	-0.1%
VAC	B	-0.09%
VC	D	-0.09%
SAM	C	-0.09%
CXT	B	-0.09%
CC	C	-0.09%
COTY	F	-0.09%
SYNA	C	-0.09%
IPGP	D	-0.08%
RCM	F	-0.08%
GT	C	-0.08%
ENOV	C	-0.08%
CPRI	F	-0.08%
ARWR	F	-0.08%
SHC	F	-0.08%
VSH	D	-0.07%
PPC	C	-0.07%
CRI	D	-0.07%
AZTA	D	-0.07%
GEF	A	-0.06%
UAA	C	-0.06%
CAR	C	-0.05%
UA	C	-0.04%