FNX vs. IMCV ETF Comparison

Comparison of First Trust Mid Cap Core AlphaDEX (FNX) to iShares Morningstar Mid-Cap Value ETF (IMCV)

FNX

First Trust Mid Cap Core AlphaDEX

FNX Description

The investment seeks investment 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 Core 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) 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

$117.19

Average Daily Volume

26,528

Number of Holdings ^*

439

* may have additional holdings in another (foreign) market

IMCV

iShares Morningstar Mid-Cap Value ETF

IMCV Description

The investment seeks to track the investment results of the MorningstarÂ® US Mid Cap Broad Value IndexSM composed of mid-capitalization U.S. equities that exhibit value characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of stocks issued by mid-capitalization companies that have exhibited âvalueâ characteristics as determined by Morningstar, Inc. (Morningstar or the index providerâ) proprietary index methodology.

Grade (RS Rating)

Last Trade

$76.68

Average Daily Volume

20,014

Number of Holdings ^*

303

* may have additional holdings in another (foreign) market

Performance

Period	FNX	IMCV
30 Days	4.47%	4.21%
60 Days	4.14%	5.29%
90 Days	8.79%	8.97%
12 Months	26.73%	24.05%

45 Overlapping Holdings

Symbol	Grade	Weight in FNX	Weight in IMCV	Overlap
AES	C	0.07%	0.25%	0.07%
AFG	B	0.16%	0.12%	0.12%
ALLY	F	0.24%	0.17%	0.17%
AOS	D	0.07%	0.05%	0.05%
APA	F	0.29%	0.17%	0.17%
AR	F	0.12%	0.15%	0.12%
BJ	D	0.07%	0.1%	0.07%
BLD	D	0.14%	0.1%	0.1%
CASY	D	0.36%	0.08%	0.08%
CCK	A	0.09%	0.13%	0.09%
CHK	D	0.32%	0.14%	0.14%
CPT	B	0.16%	0.14%	0.14%
DINO	F	0.3%	0.14%	0.14%
DKS	D	0.14%	0.13%	0.13%
DVA	B	0.41%	0.08%	0.08%
EMN	B	0.29%	0.23%	0.23%
EVRG	B	0.33%	0.26%	0.26%
FFIV	B	0.09%	0.13%	0.09%
HII	D	0.3%	0.08%	0.08%
IP	B	0.16%	0.31%	0.16%
KMX	D	0.08%	0.11%	0.08%
LNT	B	0.25%	0.28%	0.25%
MOS	F	0.31%	0.16%	0.16%
MSTR	D	0.07%	0.16%	0.07%
NI	B	0.25%	0.28%	0.25%
NRG	C	0.22%	0.21%	0.21%
OVV	F	0.3%	0.19%	0.19%
PAG	D	0.29%	0.06%	0.06%
REG	C	0.09%	0.14%	0.09%
RGA	C	0.15%	0.26%	0.15%
RNR	C	0.41%	0.25%	0.25%
RRX	C	0.08%	0.08%	0.08%
SNX	D	0.21%	0.11%	0.11%
TAP	D	0.39%	0.18%	0.18%
TFX	C	0.17%	0.13%	0.13%
THC	A	0.34%	0.3%	0.3%
TOL	B	0.36%	0.18%	0.18%
UDR	C	0.16%	0.1%	0.1%
UHS	B	0.36%	0.14%	0.14%
UNM	B	0.31%	0.18%	0.18%
USFD	B	0.16%	0.13%	0.13%
UTHR	C	0.31%	0.24%	0.24%
WSM	D	0.21%	0.12%	0.12%
WTRG	D	0.22%	0.12%	0.12%
XPO	D	0.22%	0.08%	0.08%

FNX Overweight 394 Positions Relative to IMCV

Symbol	Grade	Weight
MHO	B	0.47%
APP	C	0.46%
MTH	A	0.44%
SFM	B	0.44%
TMHC	A	0.43%
G	C	0.43%
MOG.A	B	0.42%
TPH	C	0.42%
NTRA	C	0.42%
HALO	C	0.42%
HRB	C	0.42%
GPI	B	0.42%
RUSHA	C	0.42%
PSN	B	0.42%
KBH	A	0.42%
COKE	C	0.42%
TTEK	C	0.41%
MUSA	D	0.41%
MTG	B	0.41%
POST	C	0.4%
RDN	C	0.4%
INSM	D	0.4%
ESNT	B	0.4%
MOD	A	0.4%
JXN	A	0.4%
BCC	B	0.4%
LBRDK	F	0.4%
FIX	B	0.4%
AMG	C	0.39%
LAD	D	0.39%
FMC	C	0.39%
FYBR	C	0.39%
FRPT	B	0.39%
CVNA	B	0.39%
NFG	B	0.39%
ESGR	D	0.38%
ASO	C	0.38%
BCO	B	0.38%
HOG	C	0.38%
EME	B	0.38%
AVAV	C	0.37%
LNTH	D	0.37%
GWRE	A	0.36%
GL	C	0.36%
AGO	C	0.36%
OLLI	C	0.36%
CUZ	B	0.36%
IBKR	B	0.36%
WWD	D	0.35%
MLI	A	0.35%
BTU	D	0.35%
CVLT	B	0.35%
SIG	C	0.35%
SEB	D	0.35%
ENSG	B	0.35%
MGY	C	0.34%
DAR	F	0.34%
ABG	D	0.34%
PNW	C	0.34%
VLY	C	0.34%
WING	B	0.34%
WTM	D	0.34%
TXRH	C	0.34%
COLB	B	0.34%
HOOD	C	0.34%
CMC	D	0.33%
KRC	B	0.33%
ALSN	B	0.33%
AGCO	D	0.33%
LBRT	D	0.33%
NOG	D	0.33%
TEX	F	0.33%
BKH	B	0.32%
BMI	A	0.32%
R	A	0.32%
RYAN	D	0.32%
TW	B	0.32%
POR	C	0.32%
KTB	B	0.32%
PVH	F	0.32%
COOP	C	0.32%
OGS	B	0.32%
BERY	B	0.32%
ARMK	B	0.32%
OGE	C	0.32%
CW	B	0.32%
SM	F	0.32%
ATI	C	0.32%
AL	D	0.32%
HP	F	0.31%
ONB	C	0.31%
CLH	A	0.31%
TKO	B	0.31%
GKOS	C	0.31%
SON	C	0.31%
AAON	B	0.31%
CADE	C	0.31%
KD	D	0.31%
DXC	C	0.31%
BYD	C	0.31%
ITGR	A	0.31%
MUR	F	0.3%
FSS	D	0.3%
AIT	A	0.3%
MTDR	F	0.3%
BC	C	0.3%
MEDP	F	0.3%
UFPI	C	0.3%
GMS	D	0.3%
THO	D	0.3%
CNXC	F	0.3%
NOV	F	0.3%
LNW	B	0.3%
MATX	B	0.29%
ALK	C	0.29%
CHRD	F	0.29%
SRPT	D	0.29%
BWA	D	0.29%
SANM	D	0.29%
CVI	F	0.29%
PII	D	0.29%
JAZZ	D	0.29%
RL	C	0.29%
WBS	D	0.29%
AN	D	0.29%
TOST	C	0.29%
ARW	C	0.29%
MDU	C	0.29%
PTEN	F	0.28%
BFAM	C	0.28%
H	C	0.28%
ANF	D	0.28%
NXST	D	0.28%
AEO	F	0.28%
AVT	C	0.28%
OZK	D	0.28%
WCC	D	0.28%
TKR	D	0.28%
CZR	C	0.27%
WFRD	F	0.27%
WAL	B	0.27%
LNC	D	0.27%
ABCB	B	0.26%
SLGN	B	0.26%
OHI	B	0.26%
HQY	C	0.26%
OSK	F	0.26%
APG	D	0.26%
SFBS	B	0.26%
MTSI	D	0.26%
SSB	B	0.26%
ADTN	D	0.26%
LEA	F	0.26%
DNB	C	0.26%
VAL	F	0.26%
APPF	D	0.26%
PBF	F	0.25%
URBN	F	0.25%
SAIC	C	0.25%
AIZ	B	0.25%
PNFP	B	0.25%
RRC	D	0.25%
PB	B	0.25%
KNF	B	0.25%
NJR	B	0.24%
AWI	B	0.24%
PEGA	C	0.24%
BOKF	B	0.24%
VRNS	C	0.24%
IDA	C	0.24%
HOMB	B	0.24%
CMA	B	0.24%
CBT	B	0.24%
MMSI	B	0.24%
ORI	B	0.24%
UBSI	B	0.24%
MORN	C	0.23%
ZION	D	0.23%
BPMC	F	0.23%
KNX	C	0.23%
WTFC	B	0.23%
MIDD	D	0.23%
ATKR	F	0.23%
AYI	B	0.23%
PRGO	D	0.23%
DTM	B	0.23%
EWBC	D	0.23%
PRI	B	0.23%
AGNC	B	0.23%
ATR	B	0.23%
AXS	B	0.23%
TPL	B	0.23%
RYN	C	0.23%
VRRM	D	0.22%
SWX	C	0.22%
FNB	C	0.22%
CHDN	C	0.22%
SLM	D	0.22%
DDS	F	0.22%
LOPE	D	0.22%
AXTA	B	0.22%
GOLF	D	0.22%
HWC	D	0.22%
ASGN	D	0.22%
FCN	D	0.22%
SEIC	C	0.22%
NYT	C	0.22%
COLM	C	0.22%
ITT	B	0.22%
BWXT	D	0.22%
SKX	D	0.21%
OLED	C	0.21%
OWL	C	0.21%
WU	F	0.21%
FHN	D	0.21%
CLF	F	0.21%
AM	C	0.21%
ASH	D	0.2%
ELF	F	0.2%
VNO	B	0.2%
IOT	B	0.2%
OMF	D	0.2%
WHR	D	0.2%
ENS	D	0.2%
HCC	F	0.19%
GAP	F	0.19%
IONS	F	0.19%
ESTC	F	0.19%
CROX	D	0.19%
ALTR	C	0.19%
ONTO	D	0.19%
OLN	D	0.19%
HGV	F	0.19%
BECN	D	0.19%
SKY	B	0.19%
HLNE	B	0.18%
UMBF	B	0.18%
JLL	B	0.18%
MKSI	F	0.18%
EXLS	B	0.17%
SMAR	C	0.17%
M	F	0.17%
HAS	B	0.17%
LPX	B	0.17%
IPGP	F	0.17%
JEF	B	0.17%
RIG	F	0.17%
EPRT	B	0.17%
EXEL	C	0.17%
INGR	B	0.17%
CRVL	B	0.17%
FAF	B	0.17%
EHC	C	0.16%
RVMD	C	0.16%
SNV	C	0.16%
BPOP	C	0.16%
IAC	C	0.16%
FOUR	C	0.16%
CACI	B	0.16%
DUOL	B	0.16%
ITCI	D	0.16%
IRT	B	0.16%
PFGC	B	0.16%
EXPO	A	0.16%
TDW	F	0.16%
AMKR	F	0.16%
PLNT	B	0.16%
GPK	B	0.16%
REYN	C	0.16%
MAT	C	0.16%
AXSM	C	0.16%
MMS	C	0.15%
NCLH	C	0.15%
GT	F	0.15%
IBP	D	0.15%
SUM	D	0.15%
UGI	C	0.15%
BRBR	C	0.15%
GATX	D	0.15%
FUL	C	0.15%
ESAB	C	0.15%
ORA	C	0.15%
CRUS	D	0.15%
ACLS	F	0.15%
ACA	B	0.15%
AVNT	B	0.15%
VOYA	B	0.15%
HSIC	C	0.15%
LAMR	B	0.15%
RLI	B	0.15%
KAI	C	0.15%
CWST	D	0.15%
EEFT	D	0.14%
CACC	F	0.14%
KWR	D	0.14%
SIGI	D	0.14%
LFUS	C	0.14%
RHI	D	0.14%
KEX	C	0.14%
DCI	C	0.14%
GXO	D	0.14%
OGN	D	0.14%
SEM	D	0.14%
FIZZ	D	0.13%
OTTR	F	0.13%
WMS	D	0.13%
MSA	D	0.13%
SMPL	D	0.13%
PR	F	0.12%
CNM	F	0.12%
INFA	D	0.12%
WYNN	D	0.12%
GNTX	F	0.12%
MHK	C	0.1%
AFRM	C	0.1%
BBWI	F	0.1%
KRG	B	0.09%
KNSL	C	0.09%
BRX	B	0.09%
CUBE	B	0.09%
FFIN	B	0.09%
EXP	B	0.09%
ADC	C	0.09%
BOX	C	0.09%
AAP	F	0.09%
CFLT	F	0.09%
TPX	C	0.08%
CFR	C	0.08%
MAC	B	0.08%
STWD	B	0.08%
S	C	0.08%
IVZ	B	0.08%
RBC	C	0.08%
GNRC	D	0.08%
NEU	D	0.08%
BLKB	C	0.08%
MSGS	B	0.08%
BXMT	C	0.08%
EGP	B	0.08%
CBSH	C	0.08%
BCPC	C	0.08%
ALKS	C	0.08%
ZWS	A	0.08%
SITE	C	0.08%
NVST	D	0.08%
HLI	B	0.08%
RGLD	C	0.08%
EVR	A	0.08%
SOFI	C	0.08%
PCH	C	0.08%
CIEN	C	0.08%
NNN	C	0.08%
GBCI	B	0.08%
WDFC	C	0.08%
THG	B	0.08%
PFSI	C	0.08%
WMG	D	0.07%
ESI	D	0.07%
LANC	D	0.07%
HUN	D	0.07%
SEE	D	0.07%
TNET	F	0.07%
FLS	D	0.07%
ALIT	D	0.07%
TPR	C	0.07%
LSTR	D	0.07%
VMI	D	0.07%
NEOG	D	0.07%
YETI	D	0.07%
MAN	C	0.07%
SF	A	0.07%
HRI	D	0.07%
AZEK	C	0.07%
XRAY	D	0.07%
TECH	C	0.07%
NSIT	D	0.07%
CHH	C	0.07%
FLO	C	0.07%
FLR	D	0.07%
CR	C	0.07%
GTLS	F	0.06%
MARA	F	0.06%
LYFT	D	0.06%
VNT	F	0.06%
AEIS	D	0.06%
SAM	F	0.06%
HAE	F	0.06%
SAIA	D	0.06%
CAR	F	0.05%
IRTC	F	0.05%
AMR	F	0.05%
ALGM	F	0.05%
CIVI	F	0.05%
CELH	F	0.04%

FNX Underweight 258 Positions Relative to IMCV

Symbol	Grade	Weight
DHI	B	-1.11%
AFL	C	-1.05%
NSC	C	-1.04%
TFC	C	-1.04%
AEP	C	-1.02%
WMB	B	-1.02%
OKE	B	-1.0%
GM	C	-0.99%
COF	B	-0.99%
SRE	C	-0.98%
BK	B	-0.96%
CCI	C	-0.96%
SPG	B	-0.94%
PCAR	D	-0.92%
AIG	D	-0.91%
FIS	B	-0.88%
LEN	B	-0.83%
VLO	F	-0.82%
LHX	C	-0.81%
PRU	C	-0.79%
F	F	-0.79%
KMI	B	-0.78%
GIS	B	-0.78%
PEG	B	-0.78%
KVUE	C	-0.76%
EXC	C	-0.75%
CNC	D	-0.75%
FERG	D	-0.73%
HUM	F	-0.72%
CTSH	C	-0.72%
KR	C	-0.71%
O	C	-0.68%
ED	C	-0.67%
VICI	C	-0.66%
XEL	B	-0.66%
HIG	B	-0.64%
NUE	F	-0.64%
CHTR	D	-0.63%
EIX	C	-0.61%
HPQ	D	-0.61%
GLW	C	-0.61%
KHC	C	-0.59%
TRV	C	-0.58%
KMB	D	-0.58%
ADM	D	-0.56%
GEV	B	-0.56%
FANG	D	-0.56%
WEC	C	-0.56%
PSA	B	-0.55%
FITB	B	-0.54%
ALL	B	-0.54%
MTB	B	-0.53%
NVR	B	-0.53%
BIIB	F	-0.53%
ACGL	C	-0.53%
LNG	C	-0.53%
D	C	-0.51%
CAH	C	-0.51%
IFF	B	-0.5%
CARR	B	-0.5%
ETR	B	-0.5%
NEM	B	-0.5%
DTE	C	-0.49%
KDP	B	-0.49%
URI	B	-0.48%
DVN	F	-0.47%
STT	A	-0.47%
PCG	C	-0.46%
PPL	C	-0.45%
LYB	D	-0.45%
EXR	B	-0.45%
WY	C	-0.44%
MCHP	F	-0.44%
ES	C	-0.44%
TROW	D	-0.43%
HPE	D	-0.42%
AEE	C	-0.42%
SW	B	-0.42%
FE	C	-0.42%
CTVA	B	-0.41%
K	B	-0.4%
STX	C	-0.39%
ATO	B	-0.39%
HBAN	B	-0.39%
TEL	D	-0.39%
WDC	D	-0.39%
BAX	C	-0.38%
DOW	D	-0.38%
RF	B	-0.38%
EBAY	B	-0.38%
JCI	B	-0.38%
OMC	B	-0.37%
ON	D	-0.37%
SYF	C	-0.36%
PFG	B	-0.36%
COR	D	-0.36%
TRGP	B	-0.36%
BBY	C	-0.36%
DG	F	-0.35%
GEHC	C	-0.35%
LH	C	-0.35%
PKG	B	-0.35%
HOLX	B	-0.35%
WBD	D	-0.35%
STZ	D	-0.35%
DD	B	-0.34%
PPG	D	-0.34%
NTRS	A	-0.34%
CFG	C	-0.34%
CNP	C	-0.33%
AVB	B	-0.32%
GPN	D	-0.32%
EXPD	C	-0.32%
BKR	C	-0.32%
IRM	C	-0.32%
NDAQ	A	-0.32%
VTR	C	-0.32%
DGX	B	-0.32%
DELL	D	-0.32%
CCL	C	-0.32%
SWKS	D	-0.31%
UAL	C	-0.31%
STLD	F	-0.31%
EG	C	-0.31%
PHM	B	-0.31%
AMCR	B	-0.3%
FNF	B	-0.3%
DOC	C	-0.3%
RS	D	-0.3%
EQR	B	-0.3%
DAL	C	-0.3%
SSNC	B	-0.3%
ZM	C	-0.3%
CAG	C	-0.29%
IQV	C	-0.29%
MRO	C	-0.28%
OTIS	C	-0.28%
KEY	B	-0.28%
WTW	C	-0.28%
DFS	B	-0.27%
KEYS	C	-0.27%
CF	C	-0.27%
AMP	A	-0.27%
AWK	B	-0.27%
OC	D	-0.27%
L	C	-0.27%
WPC	C	-0.26%
BG	D	-0.26%
CBRE	A	-0.26%
DLR	B	-0.26%
VTRS	D	-0.26%
CMI	C	-0.25%
HSY	C	-0.25%
GLPI	C	-0.25%
CMS	C	-0.25%
ARE	C	-0.25%
BXP	B	-0.24%
SJM	C	-0.24%
MRNA	F	-0.24%
CINF	B	-0.24%
MAA	B	-0.23%
HST	C	-0.23%
RCL	B	-0.23%
EQH	C	-0.23%
JNPR	B	-0.23%
LDOS	B	-0.23%
NTAP	D	-0.22%
IPG	C	-0.22%
BLDR	C	-0.22%
GPC	D	-0.21%
RPRX	C	-0.21%
HAL	F	-0.21%
VST	C	-0.2%
TER	D	-0.2%
VLTO	C	-0.2%
ESS	B	-0.2%
ZBH	F	-0.2%
LKQ	F	-0.2%
MAS	B	-0.19%
NWSA	D	-0.19%
CPNG	B	-0.19%
CTRA	D	-0.19%
CPB	C	-0.19%
EA	D	-0.19%
CNH	D	-0.18%
LUV	C	-0.18%
SOLV	C	-0.18%
DRI	B	-0.18%
SNA	C	-0.18%
MKC	C	-0.18%
BALL	C	-0.17%
RJF	C	-0.17%
MOH	D	-0.17%
TDY	B	-0.17%
FOXA	B	-0.17%
GRMN	D	-0.17%
ULTA	D	-0.17%
EXPE	C	-0.16%
APTV	D	-0.16%
RVTY	B	-0.16%
AVY	C	-0.16%
CG	D	-0.16%
TXT	D	-0.16%
TSN	C	-0.16%
TSCO	C	-0.16%
DLTR	F	-0.15%
DKNG	C	-0.15%
FLEX	C	-0.15%
AKAM	D	-0.15%
SWK	B	-0.15%
GEN	B	-0.14%
ACI	F	-0.14%
AVTR	B	-0.14%
MKL	C	-0.14%
CLX	C	-0.14%
PINS	F	-0.14%
WRB	C	-0.14%
DOV	B	-0.14%
FTV	C	-0.14%
POOL	C	-0.13%
WAT	C	-0.13%
COO	B	-0.12%
HRL	C	-0.12%
ALGN	D	-0.12%
ENTG	F	-0.12%
WBA	F	-0.12%
EQT	D	-0.12%
BEN	F	-0.11%
SIRI	C	-0.11%
CE	F	-0.11%
J	C	-0.11%
ALLE	B	-0.1%
ACM	B	-0.1%
RPM	B	-0.1%
ELS	C	-0.1%
CPAY	B	-0.1%
SCI	B	-0.1%
EPAM	F	-0.1%
JBHT	D	-0.1%
JBL	D	-0.1%
TRMB	C	-0.09%
INCY	C	-0.09%
ALB	D	-0.09%
BAH	C	-0.09%
MGM	F	-0.09%
FOX	B	-0.09%
PNR	B	-0.08%
ZBRA	B	-0.08%
QRVO	F	-0.08%
KIM	C	-0.08%
CRL	F	-0.07%
UHAL	A	-0.07%
AGR	B	-0.05%
WLK	D	-0.05%
NWS	D	-0.05%
LEN	B	-0.03%
COTY	F	-0.02%
UHAL	A	-0.01%