FNK vs. XMHQ ETF Comparison

Comparison of First Trust Mid Cap Value AlphaDEX Fund (FNK) to Invesco S&P MidCap Quality ETF (XMHQ)

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

$54.26

Average Daily Volume

10,638

Number of Holdings ^*

223

* may have additional holdings in another (foreign) market

XMHQ

Invesco S&P MidCap Quality ETF

XMHQ Description

The investment seeks to track the investment results (before fees and expenses) of the S&P MidCap 400Â® Quality Index (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, the index provider first calculates the quality score of each security in the S&P MidCap 400Â® Index.

Grade (RS Rating)

Last Trade

$99.98

Average Daily Volume

491,095

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FNK	XMHQ
30 Days	6.97%	3.97%
60 Days	2.45%	-5.59%
90 Days	4.62%	-4.44%
12 Months	13.81%	21.42%

22 Overlapping Holdings

Symbol	Grade	Weight in FNK	Weight in XMHQ	Overlap
AFG	B	0.15%	1.15%	0.15%
AYI	D	0.28%	1.08%	0.28%
CACC	D	0.14%	0.39%	0.14%
CHK	F	0.63%	1.17%	0.63%
CROX	D	0.25%	1.29%	0.25%
CRUS	C	0.14%	0.83%	0.14%
DINO	D	0.66%	1.03%	0.66%
DKS	D	0.27%	1.62%	0.27%
ENS	B	0.29%	0.55%	0.29%
ESNT	B	0.76%	0.83%	0.76%
G	B	0.59%	0.72%	0.59%
KBH	B	0.83%	0.88%	0.83%
LANC	B	0.14%	0.53%	0.14%
LSTR	B	0.14%	1.16%	0.14%
MDU	B	0.58%	0.8%	0.58%
MTG	B	0.78%	0.8%	0.78%
RNR	A	0.7%	1.97%	0.7%
SAIC	C	0.29%	1.02%	0.29%
SEIC	B	0.29%	1.05%	0.29%
TEX	C	0.82%	0.6%	0.6%
THC	B	0.62%	2.22%	0.62%
UFPI	B	0.5%	1.15%	0.5%

FNK Overweight 201 Positions Relative to XMHQ

Symbol	Grade	Weight
MHO	B	0.94%
MTH	B	0.86%
TMHC	B	0.84%
LBRDK	B	0.84%
RUSHA	A	0.83%
RDN	B	0.82%
JXN	B	0.81%
AMG	B	0.81%
GPI	B	0.8%
HOG	B	0.78%
LBRT	B	0.77%
NOG	B	0.75%
CNXC	C	0.75%
HP	C	0.74%
ESGR	B	0.73%
AGO	C	0.73%
DAR	C	0.73%
CVI	D	0.73%
NOV	B	0.73%
TAP	C	0.72%
SM	D	0.72%
COLB	C	0.72%
LAD	B	0.72%
MOS	D	0.7%
AL	C	0.7%
PTEN	D	0.7%
SEB	D	0.69%
MTDR	D	0.69%
FMC	B	0.69%
TPH	C	0.68%
ASO	F	0.68%
BTU	D	0.67%
OVV	F	0.67%
MUR	F	0.67%
AGCO	F	0.67%
WTM	C	0.66%
CLF	F	0.66%
BCC	C	0.65%
KRC	C	0.65%
PVH	F	0.65%
UHS	A	0.64%
SIG	F	0.64%
CADE	C	0.64%
VLY	C	0.64%
GMS	C	0.64%
OZK	C	0.63%
ABG	B	0.62%
WBS	C	0.62%
URBN	C	0.62%
PBF	F	0.61%
PNW	A	0.61%
COOP	C	0.61%
ALLY	B	0.61%
R	B	0.61%
AN	B	0.61%
EVRG	A	0.6%
FYBR	A	0.6%
POR	A	0.6%
OGS	B	0.6%
BYD	C	0.6%
OGN	B	0.59%
NFG	A	0.59%
LNC	B	0.59%
CMC	B	0.59%
BKH	A	0.59%
APA	C	0.58%
OSK	D	0.58%
LEA	C	0.58%
UNM	A	0.58%
DXC	C	0.58%
VAL	C	0.57%
MGY	C	0.57%
ADTN	B	0.56%
ARW	C	0.56%
AVT	D	0.56%
BWA	C	0.55%
MATX	B	0.55%
CHRD	D	0.55%
ATKR	F	0.54%
WAL	C	0.52%
MLI	B	0.51%
PNFP	B	0.5%
EWBC	C	0.49%
ONB	B	0.48%
CUZ	A	0.48%
HII	C	0.47%
BC	C	0.47%
GL	C	0.47%
WTFC	C	0.46%
NXST	B	0.46%
AEO	D	0.46%
THO	C	0.46%
FNB	B	0.46%
OGE	A	0.45%
KNX	B	0.45%
NI	A	0.45%
OMF	C	0.45%
BERY	B	0.45%
PAG	B	0.45%
SANM	B	0.45%
AGNC	B	0.44%
FHN	C	0.44%
TKR	B	0.44%
PII	D	0.44%
WCC	F	0.44%
SON	D	0.43%
JAZZ	C	0.43%
EMN	B	0.43%
AXS	B	0.43%
UTHR	B	0.43%
WU	D	0.43%
ASH	D	0.42%
GT	F	0.42%
NRG	D	0.39%
GPS	D	0.39%
ALK	F	0.39%
OLN	F	0.39%
IPGP	F	0.39%
CZR	D	0.38%
RRC	F	0.38%
BBWI	F	0.38%
DDS	F	0.37%
M	D	0.37%
SSB	B	0.35%
DNB	C	0.33%
PB	B	0.33%
ZION	C	0.33%
UBSI	B	0.33%
LPX	B	0.33%
HOMB	B	0.33%
ABCB	C	0.33%
UMBF	B	0.32%
BOKF	C	0.31%
HWC	C	0.31%
SLGN	A	0.31%
UGI	A	0.3%
WTRG	A	0.3%
SLM	C	0.3%
NJR	A	0.3%
PRGO	C	0.3%
LNT	A	0.3%
MIDD	B	0.3%
BECN	B	0.3%
IAC	C	0.3%
FAF	B	0.3%
ORI	A	0.3%
SWX	B	0.29%
DTM	A	0.29%
CMA	B	0.29%
AIZ	B	0.29%
IDA	A	0.29%
RIG	D	0.29%
HGV	D	0.29%
ASGN	D	0.29%
SNX	D	0.28%
COLM	D	0.28%
RYN	B	0.28%
REYN	C	0.27%
WHR	C	0.27%
CAR	F	0.26%
SKX	D	0.25%
AMKR	F	0.21%
JLL	B	0.17%
SKY	C	0.17%
PCH	C	0.16%
IVZ	B	0.16%
JEF	B	0.16%
SNV	B	0.16%
BHF	B	0.16%
CCK	B	0.16%
BPOP	B	0.16%
MAT	B	0.16%
KWR	C	0.15%
IP	A	0.15%
EHC	A	0.15%
PARA	D	0.15%
MMS	B	0.15%
SEE	B	0.15%
GXO	C	0.15%
RGA	A	0.15%
HLI	B	0.15%
SUM	B	0.15%
FUL	B	0.15%
VNO	B	0.15%
NEOG	B	0.15%
HSIC	B	0.15%
SEM	B	0.15%
AAP	D	0.14%
RHI	F	0.14%
KEX	C	0.14%
BJ	C	0.14%
LFUS	B	0.14%
NVST	F	0.14%
USFD	C	0.14%
BXMT	C	0.14%
AVNT	B	0.14%
VOYA	F	0.14%
CACI	A	0.14%
TFX	B	0.14%
SIGI	D	0.13%
AR	D	0.12%

FNK Underweight 57 Positions Relative to XMHQ

Symbol	Grade	Weight
WSM	C	-3.99%
MANH	B	-3.63%
CSL	C	-3.55%
EME	D	-2.68%
RS	C	-2.38%
PSTG	D	-2.16%
LECO	C	-2.09%
BLD	C	-1.97%
CELH	F	-1.96%
OC	B	-1.96%
GGG	C	-1.94%
ERIE	A	-1.85%
MEDP	D	-1.85%
TOL	B	-1.77%
WMS	C	-1.75%
FIX	C	-1.66%
TREX	D	-1.46%
CNM	C	-1.46%
KNSL	B	-1.45%
CW	A	-1.43%
DT	F	-1.36%
WFRD	C	-1.36%
MUSA	A	-1.36%
LNTH	C	-1.33%
ELF	D	-1.3%
CR	B	-1.3%
RGLD	A	-1.27%
CHE	B	-1.26%
LSCC	F	-1.18%
PRI	A	-1.15%
EXP	B	-1.13%
AIT	C	-1.09%
DCI	B	-1.08%
INGR	A	-1.07%
SSD	C	-1.04%
CVLT	B	-0.99%
CHX	C	-0.98%
MSA	C	-0.94%
QLYS	D	-0.92%
VNT	F	-0.91%
RLI	A	-0.9%
PCTY	C	-0.88%
VVV	B	-0.84%
COKE	A	-0.83%
EXPO	B	-0.8%
CBT	C	-0.73%
MSM	C	-0.67%
NSP	C	-0.63%
NEU	B	-0.61%
LOPE	A	-0.6%
VC	C	-0.48%
YETI	D	-0.47%
IBOC	C	-0.47%
FHI	C	-0.43%
SAM	F	-0.4%
CRI	F	-0.36%
HELE	F	-0.18%