FNK vs. SLYV ETF Comparison

Comparison of First Trust Mid Cap Value AlphaDEX Fund (FNK) to SPDR S&P 600 Small Cap Value ETF (based on S&P SmallCap Value Index (SLYV)

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

SLYV

SPDR S&P 600 Small Cap Value ETF (based on S&P SmallCap Value Index

SLYV Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of small capitalization exchange traded U.S. equity securities exhibiting "value" characteristics. In seeking to track the performance of the S&P SmallCap 600 Value Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index measures the performance of the small-capitalization value sector in the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$87.51

Average Daily Volume

185,287

Number of Holdings ^*

443

* may have additional holdings in another (foreign) market

Performance

Period	FNK	SLYV
30 Days	3.72%	4.74%
60 Days	2.59%	4.04%
90 Days	7.45%	12.68%
12 Months	22.47%	20.90%

28 Overlapping Holdings

Symbol	Grade	Weight in FNK	Weight in SLYV	Overlap
AAP	F	0.09%	0.37%	0.09%
ABCB	B	0.35%	0.61%	0.35%
ABG	D	0.55%	0.36%	0.36%
AGO	C	0.74%	0.26%	0.26%
AL	D	0.66%	0.56%	0.56%
ALK	C	0.44%	0.81%	0.44%
ASO	C	0.79%	0.65%	0.65%
BTU	D	0.72%	0.2%	0.2%
BXMT	C	0.16%	0.52%	0.16%
CMA	B	0.32%	1.21%	0.32%
COOP	C	0.66%	0.92%	0.66%
CVI	F	0.61%	0.05%	0.05%
DXC	C	0.64%	0.6%	0.6%
FUL	C	0.15%	0.35%	0.15%
HP	F	0.61%	0.23%	0.23%
IAC	C	0.32%	0.34%	0.32%
JXN	A	0.81%	0.87%	0.81%
KWR	D	0.14%	0.17%	0.14%
LNC	D	0.54%	0.79%	0.54%
OGN	D	0.57%	0.84%	0.57%
PTEN	F	0.56%	0.18%	0.18%
RDN	C	0.81%	0.37%	0.37%
RHI	D	0.14%	1.04%	0.14%
RUSHA	C	0.86%	0.26%	0.26%
SANM	D	0.43%	0.58%	0.43%
SEE	D	0.14%	0.46%	0.14%
SEM	D	0.14%	0.58%	0.14%
TPH	C	0.68%	0.25%	0.25%

FNK Overweight 195 Positions Relative to SLYV

Symbol	Grade	Weight
MHO	B	0.97%
TMHC	A	0.88%
MTH	A	0.88%
GPI	B	0.87%
KBH	A	0.87%
MTG	B	0.84%
RNR	C	0.84%
ESNT	B	0.81%
LBRDK	F	0.8%
HOG	C	0.8%
AMG	C	0.79%
LAD	D	0.79%
FYBR	C	0.78%
FMC	C	0.78%
TAP	D	0.77%
ESGR	D	0.75%
CNXC	F	0.74%
SIG	C	0.73%
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%
KRC	C	0.69%
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%
AGCO	D	0.66%
EVRG	B	0.66%
SM	F	0.65%
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%
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%
WAL	B	0.56%
AVT	C	0.56%
GL	C	0.55%
CLF	F	0.54%
MGY	C	0.54%
CUZ	B	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%
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%
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%
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%
HOMB	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%
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%
VNO	C	0.2%
CCK	A	0.18%
JLL	B	0.18%
MAT	C	0.17%
TFX	C	0.17%
JEF	B	0.17%
AFG	B	0.16%
BPOP	C	0.16%
SNV	C	0.16%
NVST	D	0.16%
CACI	B	0.16%
USFD	B	0.16%
PCH	C	0.16%
IP	B	0.16%
HLI	B	0.16%
MMS	C	0.15%
NEOG	D	0.15%
SUM	D	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%
CRUS	D	0.14%
SIGI	D	0.14%
BHF	F	0.14%
LFUS	C	0.14%
LSTR	D	0.14%
PARA	F	0.14%
KEX	C	0.14%
GXO	D	0.14%
BJ	D	0.13%
CACC	F	0.13%
LANC	D	0.13%
AR	F	0.12%

FNK Underweight 415 Positions Relative to SLYV

Symbol	Grade	Weight
VFC	C	-0.94%
LUMN	C	-0.89%
DY	B	-0.87%
SLG	C	-0.7%
RUN	C	-0.68%
HASI	C	-0.61%
ICUI	B	-0.56%
HIW	B	-0.55%
MAC	B	-0.55%
UCBI	B	-0.54%
AUB	D	-0.53%
FULT	D	-0.51%
ABM	D	-0.5%
AVA	C	-0.48%
CBU	C	-0.48%
MPW	C	-0.47%
FHB	D	-0.47%
LXP	B	-0.47%
GNW	B	-0.46%
NWL	C	-0.45%
HUBG	C	-0.44%
VIRT	C	-0.44%
SATS	C	-0.43%
REZI	D	-0.43%
DEI	B	-0.43%
EPRT	B	-0.43%
SLVM	B	-0.42%
BKU	C	-0.42%
PENN	D	-0.42%
ABR	B	-0.41%
SFNC	B	-0.41%
INDB	C	-0.4%
CWK	B	-0.4%
AKR	B	-0.38%
ITRI	C	-0.38%
CWEN	C	-0.38%
FFBC	D	-0.38%
BCPC	C	-0.38%
WAFD	C	-0.38%
GTES	C	-0.37%
VSTO	C	-0.37%
WERN	D	-0.37%
MMSI	B	-0.37%
PFS	B	-0.37%
SBCF	C	-0.36%
CVBF	D	-0.36%
PECO	B	-0.36%
PPBI	D	-0.36%
PSMT	B	-0.35%
HBI	B	-0.35%
PHIN	B	-0.34%
KSS	F	-0.34%
SNEX	B	-0.34%
MC	B	-0.33%
PIPR	B	-0.33%
ENVA	C	-0.33%
PINC	C	-0.33%
NBTB	D	-0.33%
THS	C	-0.32%
IBTX	B	-0.32%
WD	B	-0.32%
OMCL	C	-0.32%
SFBS	B	-0.32%
FL	D	-0.32%
RNST	D	-0.32%
MLKN	D	-0.31%
PLXS	A	-0.31%
BANC	B	-0.31%
NSIT	D	-0.31%
ROIC	C	-0.31%
JBLU	D	-0.31%
TRMK	C	-0.31%
STC	B	-0.31%
KMT	B	-0.31%
BANR	B	-0.31%
ENV	C	-0.3%
CWT	C	-0.3%
FTRE	D	-0.3%
NATL	D	-0.3%
HI	F	-0.3%
PBH	B	-0.3%
STEP	B	-0.3%
OI	D	-0.3%
VIAV	D	-0.3%
BOX	C	-0.3%
MRCY	D	-0.3%
HAYW	C	-0.29%
SXT	C	-0.29%
EPC	F	-0.29%
EAT	A	-0.29%
TTMI	D	-0.29%
ACIW	C	-0.29%
FBNC	B	-0.28%
ACA	B	-0.28%
KAR	D	-0.28%
CENTA	F	-0.28%
LGND	C	-0.28%
B	D	-0.28%
GO	F	-0.27%
PDCO	F	-0.27%
WSFS	D	-0.27%
VSCO	C	-0.27%
NWBI	C	-0.27%
GEO	F	-0.27%
KRYS	D	-0.27%
GNL	C	-0.27%
NPO	D	-0.27%
TALO	D	-0.27%
GVA	B	-0.26%
FBK	B	-0.26%
CATY	C	-0.26%
IIPR	B	-0.26%
RXO	D	-0.26%
ALKS	C	-0.26%
UNF	C	-0.26%
KFY	B	-0.25%
FCPT	C	-0.25%
UCTT	F	-0.25%
SCL	F	-0.25%
NBHC	D	-0.25%
MCY	D	-0.25%
LEG	D	-0.25%
CTRE	C	-0.25%
BHE	D	-0.24%
CPK	B	-0.24%
JBGS	C	-0.24%
NWN	C	-0.24%
TNDM	C	-0.24%
BGC	B	-0.24%
BOH	D	-0.24%
PEB	D	-0.24%
ALEX	B	-0.23%
GBX	C	-0.23%
MGEE	B	-0.23%
OUT	C	-0.23%
CXW	F	-0.23%
AWR	B	-0.23%
CABO	F	-0.23%
HTH	C	-0.23%
HOPE	B	-0.23%
SMTC	C	-0.23%
DEA	B	-0.22%
HMN	D	-0.22%
WHD	C	-0.22%
AIN	D	-0.22%
SONO	D	-0.22%
AEIS	D	-0.22%
NTCT	C	-0.22%
SKYW	C	-0.22%
CHEF	D	-0.22%
PRK	C	-0.22%
KW	C	-0.21%
SBH	B	-0.21%
VBTX	B	-0.21%
MODG	F	-0.21%
ADUS	B	-0.21%
CCS	B	-0.21%
IART	F	-0.2%
DAN	F	-0.2%
RC	F	-0.2%
MYGN	C	-0.2%
KLG	C	-0.2%
GIII	C	-0.2%
CAL	F	-0.2%
APAM	C	-0.2%
DNOW	D	-0.2%
TRN	D	-0.2%
UVV	D	-0.2%
AAT	B	-0.2%
MTX	F	-0.19%
AX	D	-0.19%
NVEE	F	-0.19%
EIG	C	-0.19%
NAVI	C	-0.19%
CNS	B	-0.19%
STRA	F	-0.19%
SAFT	D	-0.19%
PMT	C	-0.19%
AVNS	B	-0.18%
CSR	B	-0.18%
KALU	F	-0.18%
JBT	D	-0.18%
SCSC	D	-0.18%
VGR	B	-0.18%
NMIH	B	-0.18%
TDS	C	-0.18%
DIOD	F	-0.18%
VSAT	F	-0.18%
SMPL	D	-0.18%
PJT	B	-0.18%
NGVT	D	-0.18%
BRC	C	-0.18%
CORT	C	-0.18%
XRX	D	-0.18%
UE	B	-0.17%
SUPN	C	-0.17%
NXRT	C	-0.17%
FWRD	C	-0.17%
PRFT	B	-0.17%
ENR	D	-0.17%
CALX	D	-0.17%
LCII	C	-0.17%
TILE	B	-0.17%
SITM	B	-0.17%
WWW	B	-0.17%
OMI	D	-0.17%
ECPG	D	-0.17%
ICHR	F	-0.16%
DOCN	A	-0.16%
SJW	C	-0.16%
QNST	B	-0.16%
IOSP	D	-0.16%
SNDR	B	-0.16%
NARI	F	-0.16%
TGI	F	-0.16%
PBI	D	-0.16%
ODP	F	-0.15%
EMBC	C	-0.15%
FCF	C	-0.15%
LTC	C	-0.15%
PLUS	A	-0.15%
VSTS	D	-0.15%
CWEN	C	-0.15%
CAKE	D	-0.15%
FOXF	D	-0.15%
FDP	C	-0.15%
DGII	D	-0.15%
HNI	C	-0.15%
DORM	B	-0.15%
MATV	C	-0.15%
DLX	F	-0.14%
WNC	F	-0.14%
PZZA	D	-0.14%
LGIH	C	-0.14%
DCOM	B	-0.14%
LKFN	C	-0.14%
UNFI	C	-0.14%
BDN	B	-0.14%
BRKL	C	-0.14%
AHCO	C	-0.14%
NHC	D	-0.14%
MD	C	-0.14%
GTY	B	-0.14%
KN	D	-0.14%
CXM	F	-0.14%
LZB	C	-0.13%
NVRI	D	-0.13%
SCHL	D	-0.13%
HCSG	C	-0.13%
THRM	D	-0.13%
GPRE	F	-0.13%
CNXN	B	-0.13%
SAH	D	-0.13%
PRAA	D	-0.13%
AOSL	D	-0.13%
TRUP	C	-0.13%
EYE	F	-0.13%
CBRL	D	-0.13%
VTOL	D	-0.13%
KLIC	F	-0.13%
BL	D	-0.13%
BLMN	F	-0.12%
WGO	D	-0.12%
SCVL	B	-0.12%
EXTR	C	-0.12%
SPTN	C	-0.12%
ASIX	C	-0.12%
HSII	C	-0.12%
SVC	D	-0.12%
STBA	B	-0.12%
MNRO	D	-0.12%
HFWA	C	-0.12%
HLIT	C	-0.12%
GFF	D	-0.12%
AMN	F	-0.12%
PTGX	C	-0.12%
APOG	B	-0.12%
SXC	F	-0.11%
LNN	D	-0.11%
CSGS	C	-0.11%
BGS	D	-0.11%
COHU	F	-0.11%
CENX	D	-0.11%
AXL	F	-0.11%
BJRI	D	-0.11%
CHCO	B	-0.11%
KELYA	D	-0.11%
HRMY	B	-0.11%
SEDG	F	-0.11%
VIR	F	-0.11%
ANDE	D	-0.11%
ASTE	D	-0.11%
ARCH	F	-0.11%
TMP	C	-0.11%
KREF	B	-0.11%
CFFN	D	-0.11%
EPAC	B	-0.11%
CPF	B	-0.11%
RGR	D	-0.11%
HAIN	D	-0.11%
SGH	F	-0.1%
MSEX	C	-0.1%
SMP	C	-0.1%
ALGT	F	-0.1%
AIR	C	-0.1%
PCRX	F	-0.1%
HPP	D	-0.1%
PRDO	D	-0.1%
MLAB	C	-0.1%
UNIT	C	-0.1%
CTS	D	-0.1%
TRST	C	-0.1%
HZO	C	-0.1%
XNCR	C	-0.1%
EGBN	C	-0.1%
DXPE	D	-0.1%
PRA	C	-0.1%
CTKB	F	-0.09%
INVA	B	-0.09%
MMI	C	-0.09%
SABR	D	-0.09%
MGPI	D	-0.09%
HAFC	C	-0.09%
THRY	D	-0.09%
RCUS	C	-0.09%
ROG	F	-0.09%
XHR	B	-0.09%
BHLB	B	-0.09%
USPH	F	-0.09%
SBSI	B	-0.09%
EZPW	D	-0.09%
AMWD	D	-0.09%
BANF	B	-0.09%
STAA	F	-0.09%
PUMP	D	-0.09%
NBR	F	-0.09%
BKE	B	-0.08%
CLW	F	-0.08%
VREX	F	-0.08%
CRK	D	-0.08%
ATEN	C	-0.08%
VRTS	F	-0.08%
CVGW	C	-0.08%
GDOT	C	-0.08%
WABC	D	-0.08%
CERT	F	-0.08%
SDGR	D	-0.08%
UTL	C	-0.08%
ARI	F	-0.08%
AMSF	C	-0.08%
LESL	F	-0.08%
MRTN	D	-0.08%
TWI	D	-0.07%
WOR	D	-0.07%
USNA	F	-0.07%
PAHC	B	-0.07%
UFCS	D	-0.07%
PLAB	F	-0.07%
CLB	D	-0.07%
CCRN	F	-0.07%
FLGT	D	-0.07%
AHH	C	-0.07%
FIZZ	D	-0.07%
HVT	D	-0.06%
CENT	F	-0.06%
CNSL	B	-0.06%
SWI	B	-0.06%
HTZ	F	-0.06%
NX	F	-0.06%
KOP	F	-0.06%
NUS	F	-0.06%
VICR	D	-0.06%
JBSS	D	-0.06%
SSTK	F	-0.06%
ETH	D	-0.06%
MXL	F	-0.06%
CMP	D	-0.05%
MOV	F	-0.05%
DDD	F	-0.05%
UHT	B	-0.05%
WS	D	-0.05%
MCW	F	-0.05%
NABL	D	-0.05%
WSR	D	-0.05%
HSTM	D	-0.05%
RGNX	F	-0.05%
CEVA	C	-0.05%
HAYN	D	-0.05%
BLFS	C	-0.05%
INN	B	-0.05%
NPK	D	-0.04%
IIIN	D	-0.04%
TR	C	-0.04%
DBI	F	-0.04%
SNCY	D	-0.04%
CHCT	F	-0.04%
HTLD	D	-0.04%
MTUS	F	-0.04%
AMCX	F	-0.04%
CRSR	F	-0.04%
GOGO	F	-0.04%
MYE	D	-0.04%
MATW	F	-0.04%
TTGT	F	-0.04%
DIN	F	-0.04%
PRLB	F	-0.04%
IRWD	F	-0.04%
BFS	B	-0.04%
GDEN	D	-0.04%
MERC	F	-0.04%
BSIG	B	-0.04%
CHUY	C	-0.04%
ZEUS	F	-0.03%
SLP	F	-0.03%
RILY	F	-0.02%