FNK vs. VALQ ETF Comparison

Comparison of First Trust Mid Cap Value AlphaDEX Fund (FNK) to American Century STOXX U.S. Quality Value ETF (VALQ)

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

$51.85

Average Daily Volume

12,699

Number of Holdings ^*

222

* may have additional holdings in another (foreign) market

VALQ

American Century STOXX U.S. Quality Value ETF

VALQ Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the iSTOXX® American Century USA Quality Value Index (the underlying index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the underlying index. The underlying index is designed to select securities of large- and mid-capitalization companies that are undervalued or have sustainable income.

Grade (RS Rating)

Last Trade

$58.82

Average Daily Volume

7,370

Number of Holdings ^*

227

* may have additional holdings in another (foreign) market

Performance

Period	FNK	VALQ
30 Days	2.18%	4.36%
60 Days	3.17%	3.54%
90 Days	0.90%	4.83%
12 Months	15.06%	20.60%

42 Overlapping Holdings

Symbol	Grade	Weight in FNK	Weight in VALQ	Overlap
ADTN	F	0.54%	0.1%	0.1%
AMG	C	0.77%	0.1%	0.1%
AMKR	F	0.23%	0.28%	0.23%
AN	C	0.63%	0.1%	0.1%
AXS	B	0.47%	0.12%	0.12%
AYI	C	0.29%	0.45%	0.29%
BWA	D	0.59%	0.09%	0.09%
CACI	B	0.16%	0.1%	0.1%
CMC	D	0.54%	0.09%	0.09%
COLM	B	0.28%	0.33%	0.28%
CROX	C	0.28%	0.1%	0.1%
CRUS	C	0.16%	0.16%	0.16%
DDS	D	0.32%	0.14%	0.14%
DKS	C	0.3%	0.38%	0.3%
EHC	B	0.15%	0.1%	0.1%
G	B	0.68%	0.11%	0.11%
GL	B	0.53%	0.12%	0.12%
JLL	B	0.17%	0.49%	0.17%
M	F	0.34%	0.09%	0.09%
MLI	B	0.52%	0.16%	0.16%
MMS	C	0.15%	0.1%	0.1%
MTG	B	0.81%	0.58%	0.58%
NXST	D	0.42%	0.1%	0.1%
OMF	D	0.42%	0.1%	0.1%
ORI	B	0.32%	0.21%	0.21%
OZK	D	0.59%	0.26%	0.26%
PVH	F	0.64%	0.08%	0.08%
REYN	A	0.32%	0.69%	0.32%
RGA	B	0.15%	0.1%	0.1%
RHI	D	0.14%	0.09%	0.09%
SAIC	B	0.31%	0.09%	0.09%
SEIC	D	0.29%	0.75%	0.29%
SKX	B	0.28%	0.1%	0.1%
SNX	D	0.29%	0.11%	0.11%
THC	B	0.69%	0.12%	0.12%
TKR	D	0.44%	0.09%	0.09%
TMHC	B	0.84%	0.11%	0.11%
UHS	B	0.71%	0.12%	0.12%
UNM	B	0.6%	0.1%	0.1%
USFD	B	0.16%	0.1%	0.1%
UTHR	B	0.47%	0.15%	0.15%
WU	C	0.41%	0.09%	0.09%

FNK Overweight 180 Positions Relative to VALQ

Symbol	Grade	Weight
MHO	B	0.9%
RUSHA	C	0.88%
GPI	B	0.87%
MTH	B	0.85%
LAD	C	0.84%
KBH	B	0.83%
CNXC	C	0.83%
JXN	C	0.82%
LBRDK	C	0.8%
RNR	A	0.8%
RDN	B	0.8%
ESNT	B	0.79%
FMC	C	0.79%
DAR	D	0.79%
HOG	B	0.78%
NOG	D	0.76%
SM	D	0.76%
TAP	C	0.74%
BTU	D	0.74%
ESGR	D	0.74%
AGO	D	0.72%
ASO	C	0.72%
TEX	D	0.71%
WTM	B	0.7%
COLB	B	0.7%
SEB	C	0.69%
MOS	F	0.69%
LBRT	D	0.69%
MTDR	F	0.68%
VLY	C	0.68%
AL	D	0.67%
SIG	F	0.66%
NOV	F	0.66%
TPH	B	0.66%
KRC	B	0.65%
OVV	F	0.65%
PNW	A	0.64%
COOP	B	0.64%
MUR	F	0.64%
HP	F	0.64%
CVI	F	0.64%
AGCO	F	0.64%
BCC	C	0.63%
CHK	F	0.63%
PTEN	F	0.63%
R	C	0.63%
CADE	C	0.63%
EVRG	A	0.62%
DINO	F	0.62%
ARW	B	0.62%
BYD	B	0.61%
FYBR	A	0.61%
NFG	B	0.61%
POR	B	0.61%
ALLY	C	0.6%
OGN	C	0.6%
BKH	A	0.6%
CLF	F	0.6%
WBS	D	0.6%
DXC	A	0.6%
GMS	D	0.59%
ABG	D	0.59%
AVT	C	0.59%
OGS	B	0.59%
LNC	C	0.58%
MATX	C	0.58%
LEA	F	0.57%
MGY	D	0.57%
APA	F	0.56%
MDU	D	0.56%
OSK	D	0.55%
WAL	B	0.53%
PNFP	B	0.52%
CUZ	A	0.51%
CHRD	F	0.5%
URBN	D	0.5%
PBF	F	0.5%
EWBC	C	0.48%
PAG	C	0.48%
NI	A	0.48%
THO	C	0.48%
ONB	C	0.48%
HII	B	0.48%
BERY	B	0.48%
SON	A	0.46%
OGE	B	0.46%
PII	D	0.45%
UFPI	D	0.45%
AGNC	A	0.45%
FNB	C	0.45%
VAL	F	0.45%
JAZZ	D	0.45%
BC	D	0.45%
WTFC	B	0.45%
FHN	C	0.44%
SANM	D	0.44%
NRG	C	0.44%
WCC	D	0.43%
EMN	C	0.43%
KNX	D	0.43%
AEO	D	0.43%
ASH	D	0.4%
OLN	F	0.39%
CZR	D	0.39%
ATKR	F	0.38%
ALK	D	0.37%
RRC	F	0.37%
DNB	B	0.36%
SSB	B	0.35%
ABCB	B	0.34%
SLGN	B	0.34%
IPGP	F	0.34%
UMBF	B	0.34%
FAF	A	0.33%
AIZ	B	0.33%
UBSI	B	0.33%
LPX	B	0.33%
BBWI	F	0.33%
PB	B	0.33%
BOKF	B	0.32%
ZION	C	0.32%
LNT	A	0.32%
MIDD	D	0.32%
GT	F	0.32%
HOMB	B	0.32%
DTM	B	0.31%
ASGN	D	0.31%
CMA	B	0.31%
HWC	C	0.31%
IAC	C	0.31%
PRGO	C	0.31%
NJR	A	0.3%
UGI	C	0.3%
IDA	A	0.3%
WTRG	D	0.29%
SLM	D	0.29%
RYN	B	0.29%
WHR	D	0.28%
SWX	D	0.28%
ENS	D	0.27%
BECN	D	0.27%
HGV	D	0.26%
RIG	F	0.25%
CAR	F	0.22%
SKY	B	0.19%
VNO	B	0.18%
JEF	B	0.17%
CCK	A	0.17%
IP	B	0.16%
AVNT	B	0.16%
IVZ	C	0.16%
SNV	C	0.16%
HLI	B	0.16%
BPOP	B	0.16%
TFX	A	0.16%
MAT	C	0.16%
BXMT	C	0.15%
LFUS	C	0.15%
BHF	D	0.15%
AFG	A	0.15%
SUM	D	0.15%
PCH	C	0.15%
NEOG	D	0.15%
FUL	C	0.15%
HSIC	C	0.15%
NVST	C	0.15%
GXO	D	0.14%
VOYA	B	0.14%
LSTR	D	0.14%
KEX	D	0.14%
SEE	D	0.14%
KWR	D	0.14%
PARA	F	0.14%
SEM	D	0.14%
LANC	D	0.13%
BJ	D	0.13%
CACC	F	0.13%
SIGI	D	0.13%
AR	F	0.11%
AAP	F	0.1%

FNK Underweight 185 Positions Relative to VALQ

Symbol	Grade	Weight
WMT	A	-3.5%
TEL	C	-2.95%
AAPL	C	-2.79%
MSI	B	-2.62%
CMCSA	C	-2.52%
CTAS	B	-2.49%
KMB	A	-2.48%
CL	A	-2.46%
HPQ	D	-2.4%
ABBV	B	-2.4%
MCK	D	-2.4%
IBM	A	-2.34%
KO	B	-2.32%
PG	A	-2.23%
EBAY	A	-2.19%
HD	B	-2.15%
QCOM	F	-2.09%
VLTO	B	-2.04%
ROL	B	-2.02%
ITW	C	-2.0%
NFLX	B	-1.99%
SPG	B	-1.98%
BBY	A	-1.97%
GWW	C	-1.83%
CLX	A	-1.78%
INGR	A	-1.78%
TGT	B	-1.77%
LYB	D	-1.64%
MAS	B	-1.57%
KLAC	D	-1.54%
OC	D	-1.52%
GPC	D	-1.29%
ETN	D	-1.28%
OTIS	D	-1.18%
SFM	B	-1.0%
LECO	F	-0.97%
CTSH	B	-0.89%
CI	B	-0.86%
FFIV	B	-0.78%
TPR	B	-0.77%
CSCO	B	-0.74%
DCI	C	-0.73%
HRB	B	-0.7%
DOX	C	-0.69%
GOOGL	D	-0.68%
ALLE	B	-0.65%
MO	A	-0.64%
MSFT	D	-0.64%
NYT	C	-0.62%
KR	C	-0.61%
MPC	D	-0.56%
ECL	B	-0.55%
MANH	B	-0.55%
BAH	B	-0.5%
NTAP	D	-0.49%
HUBB	C	-0.45%
MTD	C	-0.45%
AMCR	B	-0.41%
NSIT	C	-0.39%
FLS	C	-0.37%
GILD	A	-0.37%
SYF	C	-0.37%
SHW	B	-0.37%
COKE	B	-0.37%
WSM	D	-0.35%
DELL	F	-0.34%
MEDP	D	-0.34%
ALL	B	-0.32%
CAH	A	-0.29%
GIS	A	-0.29%
DOCU	A	-0.29%
JNJ	B	-0.29%
APH	D	-0.29%
NEU	D	-0.28%
JBL	F	-0.28%
PEP	A	-0.27%
TT	B	-0.27%
PH	B	-0.26%
FLO	A	-0.26%
DPZ	D	-0.22%
CAT	C	-0.22%
DVA	B	-0.22%
ADSK	B	-0.21%
FICO	A	-0.21%
LEN	B	-0.21%
LAMR	B	-0.2%
ROST	B	-0.2%
EME	C	-0.2%
TJX	B	-0.2%
DBX	D	-0.2%
QLYS	F	-0.19%
SYY	A	-0.18%
WK	D	-0.17%
PPG	D	-0.17%
IDXX	D	-0.16%
BRBR	A	-0.16%
AMZN	D	-0.16%
HSY	A	-0.16%
GDDY	C	-0.14%
MMM	B	-0.13%
FOXA	B	-0.13%
ALSN	B	-0.13%
K	A	-0.13%
PGR	A	-0.12%
TOL	B	-0.12%
FTNT	B	-0.12%
AIT	C	-0.12%
EXPE	C	-0.12%
EXEL	B	-0.12%
PHM	B	-0.12%
TXRH	D	-0.12%
ZM	B	-0.11%
EA	C	-0.11%
RMD	A	-0.11%
PKG	B	-0.11%
GM	B	-0.11%
AMAT	F	-0.11%
ADBE	B	-0.11%
INCY	C	-0.11%
STT	B	-0.11%
APP	B	-0.11%
HIG	B	-0.11%
BK	B	-0.11%
FDX	D	-0.11%
PEGA	B	-0.11%
LMT	A	-0.11%
SWKS	D	-0.11%
ALKS	B	-0.11%
EVR	B	-0.11%
JKHY	B	-0.1%
CAG	A	-0.1%
BMI	C	-0.1%
FAST	D	-0.1%
SNA	D	-0.1%
ELV	B	-0.1%
TXT	D	-0.1%
AXTA	C	-0.1%
XOM	C	-0.1%
NOW	B	-0.1%
EXPD	D	-0.1%
BKNG	C	-0.1%
SPSC	D	-0.1%
TRV	A	-0.1%
OMC	B	-0.1%
VRTX	D	-0.1%
KEYS	C	-0.1%
VRSN	C	-0.1%
ITT	C	-0.1%
FIS	A	-0.1%
NVR	B	-0.1%
NTRS	B	-0.1%
CPB	A	-0.1%
META	C	-0.1%
EEFT	D	-0.1%
AKAM	D	-0.1%
POST	B	-0.1%
VMI	C	-0.1%
L	B	-0.1%
SF	C	-0.1%
DGX	B	-0.1%
AVGO	D	-0.1%
EXPO	B	-0.1%
MSM	D	-0.09%
LRCX	F	-0.09%
TER	D	-0.09%
TROW	D	-0.09%
WTS	D	-0.09%
VLO	D	-0.09%
AOS	D	-0.09%
V	A	-0.09%
TRMB	D	-0.09%
FIZZ	D	-0.09%
ESAB	D	-0.09%
EG	B	-0.09%
RL	A	-0.09%
CNC	D	-0.09%
STLD	D	-0.09%
CNM	F	-0.08%
INFA	F	-0.08%
PCAR	D	-0.08%
NUE	F	-0.08%
CMG	D	-0.08%
DLB	F	-0.08%
NSP	F	-0.08%
UPS	F	-0.08%