FNK vs. VFMF ETF Comparison

Comparison of First Trust Mid Cap Value AlphaDEX Fund (FNK) to Vanguard U.S. Multifactor ETF (VFMF)

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

VFMF

Vanguard U.S. Multifactor ETF

VFMF Description

The investment seeks to provide long-term capital appreciation by investing in stocks with relatively strong recent performance, strong fundamentals, and low prices relative to fundamentals as determined by the advisor. The fund invests primarily in U.S. common stocks with the potential to generate higher returns relative to the broad U.S. equity market by investing in stocks with relatively strong recent performance, strong fundamentals, and low prices relative to fundamentals as determined by the advisor. Under normal circumstances, at least 80% of the fund's assets will be invested in securities issued by U.S. companies.

Grade (RS Rating)

Last Trade

$139.64

Average Daily Volume

8,764

Number of Holdings ^*

470

* may have additional holdings in another (foreign) market

Performance

Period	FNK	VFMF
30 Days	7.85%	6.72%
60 Days	5.62%	7.63%
90 Days	5.60%	7.99%
12 Months	27.99%	33.84%

80 Overlapping Holdings

Symbol	Grade	Weight in FNK	Weight in VFMF	Overlap
ABCB	B	0.32%	0.14%	0.14%
ADTN	A	0.6%	0.02%	0.02%
AEO	F	0.35%	0.17%	0.17%
AGO	B	0.84%	0.17%	0.17%
ALKS	B	0.28%	0.17%	0.17%
AMG	B	0.75%	0.32%	0.32%
AMKR	D	0.48%	0.2%	0.2%
AMR	C	0.74%	0.11%	0.11%
AN	C	0.4%	0.14%	0.14%
ARW	D	0.5%	0.09%	0.09%
ASO	F	0.58%	0.24%	0.24%
ATKR	C	0.75%	0.02%	0.02%
BCC	B	0.58%	0.52%	0.52%
BERY	B	0.46%	0.03%	0.03%
BJ	A	0.15%	0.05%	0.05%
BOKF	B	0.32%	0.19%	0.19%
BPOP	B	0.14%	0.67%	0.14%
BWA	D	0.68%	0.06%	0.06%
BYD	C	0.48%	0.03%	0.03%
CHRD	D	0.72%	0.15%	0.15%
CIVI	D	0.74%	0.06%	0.06%
CMC	B	0.78%	0.14%	0.14%
CNO	A	0.64%	0.4%	0.4%
CNX	A	0.87%	0.11%	0.11%
COOP	B	0.61%	0.17%	0.17%
CRC	B	0.32%	0.15%	0.15%
DDS	B	0.65%	0.03%	0.03%
ENS	D	0.41%	0.14%	0.14%
GMS	B	0.48%	0.2%	0.2%
GPI	A	0.61%	0.03%	0.03%
HCC	B	0.76%	0.13%	0.13%
HP	B	0.8%	0.18%	0.18%
HWC	B	0.32%	0.12%	0.12%
INGR	B	0.44%	0.35%	0.35%
JBL	B	0.46%	0.24%	0.24%
JEF	A	0.17%	0.19%	0.17%
JWN	C	0.29%	0.07%	0.07%
JXN	C	0.8%	0.1%	0.1%
KBH	D	0.52%	0.16%	0.16%
LBRT	D	0.67%	0.05%	0.05%
LPX	B	0.31%	0.21%	0.21%
M	D	0.56%	0.22%	0.22%
MATX	C	0.63%	0.11%	0.11%
MGY	A	0.65%	0.04%	0.04%
MHO	D	0.65%	0.25%	0.25%
MLI	C	0.35%	0.71%	0.35%
MTDR	B	0.86%	0.08%	0.08%
MTG	C	0.7%	0.71%	0.7%
MTH	D	0.63%	0.07%	0.07%
MUR	D	0.71%	0.13%	0.13%
MUSA	A	0.15%	0.14%	0.14%
NOG	A	0.84%	0.05%	0.05%
NXST	C	0.43%	0.04%	0.04%
OGN	D	0.34%	0.12%	0.12%
OMF	A	0.51%	0.46%	0.46%
ORI	A	0.31%	0.45%	0.31%
OVV	B	0.85%	0.07%	0.07%
PFGC	B	0.15%	0.15%	0.15%
PVH	C	0.72%	0.39%	0.39%
R	B	0.64%	0.16%	0.16%
RDN	C	0.71%	0.21%	0.21%
RNR	C	0.69%	0.06%	0.06%
RRC	B	0.64%	0.03%	0.03%
SANM	B	0.49%	0.1%	0.1%
SIG	B	0.53%	0.3%	0.3%
SKX	D	0.26%	0.26%	0.26%
SLM	A	0.31%	0.41%	0.31%
SM	B	0.81%	0.13%	0.13%
TEX	D	0.71%	0.18%	0.18%
THO	B	0.43%	0.21%	0.21%
TMHC	B	0.71%	0.18%	0.18%
TPH	D	0.66%	0.13%	0.13%
TPR	B	0.17%	0.14%	0.14%
UFPI	B	0.28%	0.37%	0.28%
UHS	D	0.5%	0.1%	0.1%
UNM	A	0.71%	0.28%	0.28%
URBN	C	0.72%	0.12%	0.12%
VNT	B	0.32%	0.13%	0.13%
WCC	B	0.52%	0.12%	0.12%
WU	D	0.39%	0.06%	0.06%

FNK Overweight 143 Positions Relative to VFMF

Symbol	Grade	Weight
OSK	B	0.79%
TAP	C	0.78%
PTEN	C	0.78%
AL	B	0.77%
PBF	D	0.73%
NOV	C	0.72%
UGI	A	0.71%
NFE	D	0.71%
DINO	D	0.7%
LAD	A	0.68%
CADE	B	0.68%
G	B	0.66%
DAR	C	0.66%
RUSHA	C	0.66%
APA	D	0.66%
OZK	B	0.65%
LBRDK	C	0.65%
LNC	B	0.64%
BEN	C	0.63%
ESNT	D	0.63%
LEA	D	0.63%
HOG	D	0.62%
FMC	D	0.61%
JAZZ	B	0.61%
EVRG	A	0.6%
BKH	A	0.6%
PNW	B	0.6%
SR	A	0.59%
HRI	B	0.59%
OTTR	C	0.59%
NFG	A	0.59%
GBDC	C	0.59%
AAP	C	0.59%
FHN	A	0.57%
BBWI	D	0.57%
HST	C	0.57%
KRC	C	0.57%
SOLV	C	0.56%
MOS	F	0.56%
AVT	C	0.56%
WBS	A	0.56%
POR	C	0.56%
DXC	B	0.55%
MDU	D	0.55%
SUM	B	0.54%
ZION	B	0.54%
CNXC	F	0.53%
FNB	A	0.51%
ALK	C	0.51%
COLB	A	0.51%
CLF	F	0.51%
VLY	B	0.49%
ABG	B	0.47%
AXS	A	0.47%
SWX	B	0.46%
OGE	B	0.46%
OGS	A	0.45%
GL	B	0.45%
WHR	B	0.45%
RIG	D	0.44%
PAG	B	0.43%
SNX	C	0.42%
POST	C	0.41%
BC	C	0.41%
LKQ	D	0.41%
SJM	D	0.4%
SON	D	0.4%
EMN	D	0.4%
ASH	D	0.38%
OLN	D	0.37%
BECN	B	0.36%
PII	D	0.35%
WTFC	A	0.35%
SEIC	B	0.34%
UBSI	B	0.33%
CMA	A	0.33%
HGV	B	0.33%
PB	A	0.33%
IDA	A	0.33%
ACA	A	0.32%
HII	D	0.32%
AIZ	A	0.32%
AR	B	0.32%
PNM	F	0.31%
SLGN	A	0.3%
KNX	B	0.3%
CUZ	B	0.3%
MIDD	C	0.29%
COLM	B	0.29%
KFY	B	0.29%
WTRG	B	0.29%
CRL	C	0.28%
MSM	C	0.28%
AGCO	D	0.28%
FIVE	F	0.28%
ASGN	F	0.27%
REYN	D	0.26%
TKR	D	0.26%
WPC	D	0.26%
TNET	D	0.26%
MMS	F	0.25%
IPG	D	0.25%
DIOD	D	0.24%
UHAL	D	0.24%
PNFP	B	0.18%
UMBF	B	0.17%
EPAM	C	0.17%
SSB	B	0.16%
RHI	B	0.16%
FLR	B	0.16%
AUB	B	0.16%
GXO	B	0.16%
UCB	A	0.16%
AVNT	B	0.15%
FELE	B	0.15%
HSIC	B	0.15%
WTS	B	0.15%
SKY	A	0.15%
PRGO	B	0.15%
NJR	A	0.15%
VOYA	B	0.15%
WAL	B	0.15%
ALIT	C	0.15%
AFG	A	0.15%
DNB	B	0.15%
SEM	B	0.15%
RYN	D	0.14%
FUL	F	0.14%
WD	D	0.14%
TTC	D	0.14%
MGM	D	0.14%
STWD	C	0.14%
SEE	C	0.14%
MAT	D	0.14%
LSTR	D	0.14%
FAF	A	0.14%
IVZ	B	0.14%
CZR	F	0.13%
IAC	D	0.13%
LFUS	F	0.13%
FBIN	D	0.12%
NSP	D	0.12%
OPCH	D	0.1%

FNK Underweight 390 Positions Relative to VFMF

Symbol	Grade	Weight
WFC	A	-1.25%
AFL	B	-1.08%
AIG	B	-1.02%
BK	A	-0.98%
ABBV	D	-0.93%
GOOG	C	-0.9%
MMM	D	-0.9%
VLO	C	-0.85%
MPC	D	-0.83%
QCOM	F	-0.82%
HCA	F	-0.82%
AXP	A	-0.82%
META	D	-0.82%
PM	B	-0.81%
MO	A	-0.78%
AMAT	F	-0.78%
WMT	A	-0.78%
T	A	-0.77%
TMUS	B	-0.75%
APO	B	-0.74%
KR	B	-0.73%
PHM	D	-0.72%
JPM	A	-0.72%
MCK	B	-0.71%
SYF	B	-0.71%
HIG	B	-0.7%
TGT	F	-0.65%
OFG	B	-0.64%
LMT	D	-0.64%
NVDA	C	-0.63%
IBM	C	-0.61%
FANG	D	-0.6%
EWBC	A	-0.59%
KMB	D	-0.59%
CFG	B	-0.57%
FDX	B	-0.54%
CAH	B	-0.53%
COST	B	-0.52%
BKNG	A	-0.52%
VZ	C	-0.52%
KLAC	D	-0.52%
EOG	A	-0.51%
FI	A	-0.51%
CI	F	-0.5%
GOOGL	C	-0.5%
FBP	B	-0.5%
ANET	C	-0.5%
CAT	B	-0.48%
XOM	B	-0.47%
MRK	F	-0.46%
CL	D	-0.46%
COLL	F	-0.46%
HRB	D	-0.45%
GM	B	-0.44%
TT	A	-0.44%
OC	A	-0.44%
GILD	C	-0.43%
AZO	C	-0.43%
TJX	A	-0.42%
FITB	A	-0.39%
AMAL	B	-0.39%
JNJ	D	-0.38%
UTHR	C	-0.37%
RTX	C	-0.36%
NWS	B	-0.36%
KELYA	F	-0.36%
ANDE	D	-0.34%
CBSH	A	-0.34%
PRDO	B	-0.34%
EIG	B	-0.34%
CBOE	B	-0.34%
IBOC	A	-0.34%
WRB	A	-0.33%
CVX	A	-0.33%
SCS	C	-0.32%
CPF	A	-0.31%
NMIH	D	-0.31%
ALSN	B	-0.3%
CASH	A	-0.3%
NTB	B	-0.3%
GIII	D	-0.3%
ACT	D	-0.29%
GFF	A	-0.29%
PRI	A	-0.28%
WSM	B	-0.28%
SRCE	B	-0.28%
CALM	A	-0.28%
TK	D	-0.27%
PSX	C	-0.27%
FCX	D	-0.26%
AYI	B	-0.26%
DHI	D	-0.26%
EAT	A	-0.26%
TPC	C	-0.26%
FCF	A	-0.25%
PFBC	B	-0.25%
TOL	B	-0.25%
WSFS	A	-0.24%
PHIN	A	-0.24%
NSIT	F	-0.24%
CPAY	A	-0.23%
STT	A	-0.23%
VIRT	B	-0.23%
MLKN	D	-0.23%
DELL	C	-0.23%
FNF	B	-0.23%
WTTR	B	-0.23%
EME	C	-0.22%
MHK	D	-0.22%
WFRD	D	-0.22%
MBIN	D	-0.22%
COP	C	-0.22%
GNW	A	-0.21%
SIGA	F	-0.21%
THC	D	-0.2%
EQH	B	-0.2%
CVCO	A	-0.2%
AX	A	-0.2%
CAL	D	-0.2%
SPOT	B	-0.2%
AMWD	C	-0.2%
ASC	F	-0.2%
PPC	C	-0.2%
PGR	A	-0.2%
CROX	D	-0.2%
AMRX	C	-0.19%
AHCO	F	-0.19%
RL	B	-0.19%
ATGE	B	-0.19%
HPQ	B	-0.19%
HWKN	B	-0.19%
BLD	D	-0.19%
PKG	A	-0.19%
CRM	B	-0.19%
LEN	D	-0.19%
STNG	F	-0.18%
VCTR	B	-0.18%
NVR	D	-0.18%
PLUS	F	-0.18%
TILE	B	-0.18%
STLD	B	-0.18%
IMKTA	C	-0.18%
BELFB	C	-0.18%
REVG	B	-0.18%
PATK	D	-0.18%
COKE	C	-0.18%
IESC	B	-0.18%
PINC	B	-0.18%
CNOB	B	-0.18%
BLX	C	-0.18%
SKYW	B	-0.17%
DLX	B	-0.17%
CTRA	B	-0.17%
PLAB	C	-0.17%
URI	B	-0.17%
MRC	B	-0.17%
AMP	A	-0.17%
AIT	A	-0.17%
NTAP	C	-0.17%
COR	B	-0.17%
WMK	C	-0.16%
BV	B	-0.16%
STBA	B	-0.16%
TBBK	B	-0.16%
DECK	A	-0.16%
CF	B	-0.16%
IDT	B	-0.16%
CR	A	-0.16%
FIX	A	-0.16%
BG	F	-0.16%
KD	B	-0.16%
DVA	B	-0.16%
BAC	A	-0.16%
GNK	D	-0.16%
OMI	F	-0.16%
SFM	A	-0.16%
PR	B	-0.16%
SXC	A	-0.16%
ASB	B	-0.16%
KEX	C	-0.16%
ESAB	B	-0.15%
CRBG	B	-0.15%
RMD	C	-0.15%
KTB	B	-0.15%
DHT	F	-0.15%
PYPL	B	-0.15%
SNA	A	-0.15%
MEDP	D	-0.15%
TNL	A	-0.15%
DKS	C	-0.15%
SCSC	B	-0.15%
LDOS	C	-0.15%
SLVM	B	-0.15%
CHCO	B	-0.15%
WABC	B	-0.14%
DAKT	B	-0.14%
FTI	A	-0.14%
CVLT	B	-0.14%
ETD	C	-0.14%
NR	B	-0.14%
CNXN	C	-0.14%
TNK	F	-0.14%
MCY	A	-0.14%
BBW	B	-0.14%
PUMP	B	-0.14%
LNTH	D	-0.14%
HAFC	A	-0.13%
PCAR	B	-0.13%
SPOK	C	-0.13%
NUE	C	-0.13%
HBI	B	-0.13%
EXPE	B	-0.13%
NMRK	B	-0.13%
INSW	F	-0.12%
DNOW	B	-0.12%
RCL	A	-0.12%
PTGX	C	-0.12%
KNTK	B	-0.12%
ROCK	C	-0.12%
BHLB	B	-0.12%
ZEUS	C	-0.12%
FIBK	A	-0.12%
PSTG	D	-0.12%
CBU	B	-0.12%
CPRX	C	-0.12%
SSD	D	-0.12%
CTSH	B	-0.12%
UA	C	-0.12%
CYH	F	-0.12%
IMMR	C	-0.12%
AGX	B	-0.12%
BLDR	D	-0.12%
SPTN	D	-0.11%
PH	A	-0.11%
SCHL	D	-0.11%
EXP	A	-0.11%
HALO	F	-0.11%
LPG	F	-0.11%
SBSI	B	-0.11%
CEIX	A	-0.11%
REX	D	-0.11%
RS	B	-0.11%
ITRI	B	-0.1%
GPC	D	-0.1%
DOX	D	-0.1%
MPWR	F	-0.1%
GRBK	D	-0.1%
QCRH	A	-0.1%
WHD	B	-0.1%
FLWS	F	-0.1%
LRN	A	-0.1%
VERX	B	-0.1%
LYB	F	-0.1%
CDNA	D	-0.1%
AZZ	B	-0.1%
CRVL	A	-0.09%
GRND	A	-0.09%
APOG	B	-0.09%
OXM	D	-0.09%
SWKS	F	-0.09%
NAVI	C	-0.09%
GPOR	B	-0.09%
WLY	B	-0.09%
MOG.A	B	-0.09%
DXPE	B	-0.09%
JELD	F	-0.09%
INDB	B	-0.09%
FDP	B	-0.08%
PSMT	C	-0.08%
SFNC	B	-0.08%
GAP	C	-0.08%
ARCB	C	-0.08%
SD	D	-0.08%
HSTM	B	-0.08%
ACCO	C	-0.08%
UPBD	B	-0.08%
CACI	D	-0.07%
WMS	D	-0.07%
DOLE	D	-0.07%
USAP	B	-0.07%
CNA	B	-0.07%
DESP	B	-0.07%
EBAY	D	-0.07%
MTUS	C	-0.07%
ZIMV	D	-0.07%
CTAS	B	-0.07%
PLPC	B	-0.07%
EPC	D	-0.07%
BBSI	B	-0.07%
HIMS	B	-0.07%
HVT	D	-0.07%
CG	A	-0.07%
LEN	D	-0.07%
STRL	B	-0.07%
NTGR	B	-0.07%
IDCC	A	-0.07%
VFC	C	-0.07%
CNM	D	-0.07%
RES	D	-0.07%
LZB	B	-0.07%
CSL	C	-0.07%
FN	D	-0.06%
NHC	C	-0.06%
UTI	A	-0.06%
LOPE	B	-0.06%
GOGL	F	-0.06%
C	A	-0.06%
CENTA	C	-0.06%
FLO	D	-0.06%
JILL	C	-0.06%
FRME	B	-0.06%
CATY	B	-0.06%
CRUS	D	-0.06%
HNI	B	-0.06%
AMZN	C	-0.06%
PFG	D	-0.06%
NAT	F	-0.06%
AGM	C	-0.06%
OSUR	F	-0.05%
TCBI	B	-0.05%
GRNT	B	-0.05%
CLW	F	-0.05%
BKE	B	-0.05%
UFPT	B	-0.05%
SCVL	F	-0.05%
NX	C	-0.05%
BBY	D	-0.05%
SN	D	-0.05%
MET	A	-0.05%
DASH	A	-0.05%
BTU	B	-0.05%
CASY	A	-0.05%
ZUMZ	C	-0.05%
SUPN	C	-0.05%
CBT	C	-0.05%
YOU	D	-0.05%
PRK	B	-0.05%
MD	B	-0.05%
ADMA	B	-0.05%
CRS	A	-0.05%
LQDT	B	-0.05%
OSBC	A	-0.05%
LYTS	B	-0.05%
SMLR	B	-0.04%
CTS	C	-0.04%
HOV	D	-0.04%
HEES	B	-0.04%
WGO	C	-0.04%
GOLF	B	-0.04%
HSII	B	-0.04%
STGW	B	-0.04%
SXI	B	-0.04%
BKU	A	-0.04%
KFRC	D	-0.04%
MCRI	A	-0.04%
MBUU	C	-0.04%
NSSC	D	-0.04%
TNC	D	-0.04%
SHOO	D	-0.04%
VTRS	A	-0.04%
WEX	D	-0.04%
GEO	B	-0.04%
PRMW	C	-0.04%
EFSC	B	-0.04%
CRAI	B	-0.04%
HPE	B	-0.04%
ATEN	B	-0.03%
GPK	C	-0.03%
UVSP	B	-0.03%
BSIG	A	-0.03%
STRA	C	-0.03%
PRLB	A	-0.03%
KMT	B	-0.03%
MOV	C	-0.03%
CCRN	F	-0.03%
HFWA	B	-0.03%
BRY	F	-0.03%
EPAC	B	-0.03%
TPL	A	-0.03%
TCBK	B	-0.03%
WNC	C	-0.03%
INGN	C	-0.02%
VRA	F	-0.02%
RGP	F	-0.02%
BUSE	B	-0.02%
MAN	D	-0.02%
PEBO	A	-0.02%
FFIV	B	-0.02%
SB	F	-0.02%
MBWM	B	-0.02%