FNX vs. MVV ETF Comparison

Comparison of First Trust Mid Cap Core AlphaDEX (FNX) to ProShares Ultra MidCap400 (MVV)

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

$123.23

Average Daily Volume

18,904

Number of Holdings ^*

437

* may have additional holdings in another (foreign) market

MVV

ProShares Ultra MidCap400

MVV Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the S&P MidCap 400®. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times (2x) the daily return of the index. The index is a measure of mid-size company U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 400 U.S. operating companies and real estate investment trusts selected through a process. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$76.53

Average Daily Volume

16,249

Number of Holdings ^*

393

* may have additional holdings in another (foreign) market

Performance

Period	FNX	MVV
30 Days	6.06%	11.08%
60 Days	11.97%	23.31%
90 Days	13.11%	24.19%
12 Months	41.69%	74.90%

238 Overlapping Holdings

Symbol	Grade	Weight in FNX	Weight in MVV	Overlap
AAON	B	0.32%	0.2%	0.2%
ADC	B	0.22%	0.19%	0.19%
AFG	B	0.14%	0.24%	0.14%
AGCO	D	0.23%	0.16%	0.16%
AIT	A	0.23%	0.23%	0.23%
AMG	C	0.41%	0.15%	0.15%
AMKR	F	0.25%	0.08%	0.08%
AN	D	0.26%	0.11%	0.11%
ANF	C	0.21%	0.18%	0.18%
AR	C	0.14%	0.21%	0.14%
ARMK	B	0.07%	0.26%	0.07%
ARW	F	0.27%	0.19%	0.19%
ASGN	B	0.22%	0.11%	0.11%
ASH	F	0.29%	0.11%	0.11%
ATR	B	0.16%	0.29%	0.16%
AVNT	B	0.14%	0.11%	0.11%
AVT	B	0.3%	0.13%	0.13%
AXTA	A	0.16%	0.22%	0.16%
AYI	A	0.16%	0.24%	0.16%
BC	C	0.21%	0.14%	0.14%
BCO	D	0.33%	0.12%	0.12%
BDC	B	0.22%	0.12%	0.12%
BERY	C	0.23%	0.21%	0.21%
BJ	B	0.08%	0.29%	0.08%
BKH	C	0.29%	0.11%	0.11%
BLKB	C	0.13%	0.08%	0.08%
BRBR	A	0.16%	0.22%	0.16%
BRX	A	0.15%	0.21%	0.15%
BWXT	B	0.25%	0.29%	0.25%
BYD	A	0.32%	0.12%	0.12%
CACI	B	0.41%	0.32%	0.32%
CADE	B	0.31%	0.16%	0.16%
CBSH	A	0.08%	0.19%	0.08%
CBT	B	0.29%	0.16%	0.16%
CCK	C	0.07%	0.29%	0.07%
CFR	B	0.17%	0.22%	0.17%
CHDN	B	0.08%	0.27%	0.08%
CHRD	F	0.36%	0.2%	0.2%
CIVI	D	0.36%	0.11%	0.11%
CLF	D	0.3%	0.16%	0.16%
CLH	B	0.22%	0.31%	0.22%
CMC	B	0.37%	0.16%	0.16%
CNO	B	0.29%	0.1%	0.1%
CNX	B	0.39%	0.14%	0.14%
CNXC	F	0.31%	0.05%	0.05%
COHR	B	0.31%	0.38%	0.31%
COKE	D	0.32%	0.18%	0.18%
COLB	B	0.25%	0.16%	0.16%
COLM	C	0.22%	0.06%	0.06%
COTY	F	0.06%	0.07%	0.06%
CROX	F	0.11%	0.17%	0.11%
CRUS	F	0.13%	0.16%	0.13%
CUBE	D	0.13%	0.28%	0.13%
CUZ	B	0.23%	0.12%	0.12%
CVLT	A	0.38%	0.18%	0.18%
CW	A	0.31%	0.35%	0.31%
DAR	C	0.32%	0.16%	0.16%
DBX	C	0.08%	0.16%	0.08%
DCI	A	0.07%	0.23%	0.07%
DINO	F	0.32%	0.17%	0.17%
DKS	D	0.14%	0.3%	0.14%
DOCU	A	0.17%	0.36%	0.17%
DT	C	0.15%	0.42%	0.15%
DTM	A	0.17%	0.23%	0.17%
DUOL	B	0.39%	0.29%	0.29%
EEFT	C	0.07%	0.11%	0.07%
EGP	D	0.07%	0.22%	0.07%
EHC	B	0.31%	0.26%	0.26%
ENS	F	0.28%	0.1%	0.1%
ENSG	C	0.4%	0.23%	0.23%
ESAB	B	0.09%	0.18%	0.09%
ESNT	F	0.35%	0.17%	0.17%
EWBC	B	0.35%	0.35%	0.35%
EXEL	B	0.29%	0.24%	0.24%
EXLS	A	0.33%	0.17%	0.17%
EXP	B	0.3%	0.25%	0.25%
EXPO	D	0.12%	0.13%	0.12%
FAF	D	0.15%	0.17%	0.15%
FBIN	D	0.07%	0.27%	0.07%
FCN	F	0.06%	0.18%	0.06%
FFIN	B	0.22%	0.12%	0.12%
FHN	B	0.25%	0.24%	0.24%
FIVE	F	0.24%	0.13%	0.13%
FIX	A	0.38%	0.36%	0.36%
FLO	F	0.07%	0.11%	0.07%
FLR	C	0.08%	0.23%	0.08%
FLS	A	0.23%	0.18%	0.18%
FNB	B	0.23%	0.14%	0.14%
FND	F	0.06%	0.28%	0.06%
FR	D	0.07%	0.18%	0.07%
G	B	0.29%	0.16%	0.16%
GAP	C	0.07%	0.12%	0.07%
GATX	B	0.08%	0.13%	0.08%
GME	C	0.07%	0.23%	0.07%
GMED	B	0.31%	0.22%	0.22%
GPK	C	0.14%	0.22%	0.14%
GXO	C	0.17%	0.19%	0.17%
H	C	0.07%	0.18%	0.07%
HALO	C	0.2%	0.17%	0.17%
HGV	C	0.15%	0.06%	0.06%
HLI	B	0.25%	0.23%	0.23%
HLNE	B	0.4%	0.19%	0.19%
HOG	F	0.31%	0.1%	0.1%
HOMB	B	0.15%	0.13%	0.13%
HRB	D	0.21%	0.22%	0.21%
HWC	B	0.23%	0.12%	0.12%
IBKR	B	0.33%	0.43%	0.33%
IBOC	B	0.15%	0.09%	0.09%
IDA	A	0.23%	0.14%	0.14%
INGR	B	0.29%	0.22%	0.22%
IRT	B	0.07%	0.11%	0.07%
ITT	A	0.21%	0.3%	0.21%
JAZZ	B	0.3%	0.18%	0.18%
JEF	B	0.16%	0.27%	0.16%
JLL	C	0.08%	0.34%	0.08%
JWN	C	0.23%	0.06%	0.06%
KBH	C	0.34%	0.15%	0.15%
KD	B	0.07%	0.14%	0.07%
KEX	C	0.21%	0.17%	0.17%
KNF	B	0.41%	0.14%	0.14%
KNSL	D	0.07%	0.24%	0.07%
KNX	B	0.22%	0.22%	0.22%
KRC	B	0.31%	0.11%	0.11%
KRG	B	0.07%	0.15%	0.07%
LAD	B	0.39%	0.23%	0.23%
LAMR	C	0.15%	0.3%	0.15%
LEA	F	0.33%	0.14%	0.14%
LFUS	C	0.07%	0.16%	0.07%
LNTH	D	0.38%	0.2%	0.2%
LOPE	A	0.07%	0.1%	0.07%
LPX	B	0.21%	0.16%	0.16%
LSTR	C	0.07%	0.16%	0.07%
M	C	0.29%	0.11%	0.11%
MAT	C	0.16%	0.18%	0.16%
MIDD	C	0.21%	0.19%	0.19%
MMS	C	0.21%	0.14%	0.14%
MORN	A	0.08%	0.23%	0.08%
MSM	C	0.21%	0.09%	0.09%
MTDR	C	0.4%	0.15%	0.15%
MTG	D	0.37%	0.17%	0.17%
MUR	F	0.35%	0.11%	0.11%
MUSA	C	0.07%	0.23%	0.07%
NFG	C	0.3%	0.14%	0.14%
NJR	C	0.15%	0.12%	0.12%
NNN	D	0.07%	0.22%	0.07%
NOV	D	0.36%	0.16%	0.16%
NSP	F	0.07%	0.07%	0.07%
NXST	C	0.32%	0.14%	0.14%
NYT	B	0.15%	0.24%	0.15%
OGE	A	0.22%	0.21%	0.21%
OGS	C	0.29%	0.11%	0.11%
OHI	B	0.16%	0.28%	0.16%
OLLI	C	0.14%	0.14%	0.14%
OLN	F	0.19%	0.12%	0.12%
ONB	B	0.15%	0.16%	0.15%
OPCH	F	0.06%	0.1%	0.06%
ORA	B	0.08%	0.11%	0.08%
ORI	B	0.22%	0.22%	0.22%
OSK	B	0.38%	0.18%	0.18%
OVV	D	0.38%	0.27%	0.27%
OZK	B	0.31%	0.12%	0.12%
PAG	C	0.21%	0.07%	0.07%
PB	B	0.15%	0.18%	0.15%
PBF	F	0.35%	0.07%	0.07%
PCTY	B	0.08%	0.2%	0.08%
PFGC	B	0.16%	0.33%	0.16%
PII	F	0.19%	0.1%	0.1%
PLNT	B	0.22%	0.17%	0.17%
PNFP	B	0.16%	0.21%	0.16%
PNM	B	0.22%	0.1%	0.1%
POR	D	0.3%	0.13%	0.13%
POST	D	0.21%	0.13%	0.13%
PRGO	D	0.15%	0.09%	0.09%
PRI	A	0.16%	0.24%	0.16%
PSN	B	0.39%	0.13%	0.13%
PVH	C	0.37%	0.14%	0.14%
R	A	0.3%	0.17%	0.17%
RBC	A	0.07%	0.21%	0.07%
RGLD	B	0.08%	0.26%	0.08%
RLI	A	0.08%	0.17%	0.08%
RNR	B	0.36%	0.36%	0.36%
ROIV	C	0.08%	0.13%	0.08%
RRC	C	0.29%	0.2%	0.2%
RRX	B	0.08%	0.29%	0.08%
RYAN	B	0.22%	0.18%	0.18%
RYN	D	0.15%	0.11%	0.11%
SAIC	B	0.08%	0.19%	0.08%
SBRA	B	0.23%	0.12%	0.12%
SCI	A	0.16%	0.29%	0.16%
SEIC	B	0.24%	0.19%	0.19%
SF	B	0.08%	0.28%	0.08%
SFM	A	0.44%	0.31%	0.31%
SIGI	B	0.07%	0.14%	0.07%
SKX	F	0.21%	0.21%	0.21%
SLG	B	0.24%	0.0%	0.0%
SLGN	B	0.15%	0.11%	0.11%
SLM	B	0.22%	0.13%	0.13%
SMG	D	0.3%	0.1%	0.1%
SNV	B	0.08%	0.19%	0.08%
SNX	B	0.29%	0.23%	0.23%
SON	F	0.29%	0.13%	0.13%
SR	D	0.28%	0.1%	0.1%
SSB	B	0.15%	0.2%	0.15%
SSD	C	0.07%	0.2%	0.07%
STWD	D	0.07%	0.16%	0.07%
SWX	B	0.22%	0.11%	0.11%
TEX	C	0.37%	0.09%	0.09%
THG	A	0.08%	0.14%	0.08%
THO	C	0.21%	0.15%	0.15%
TKO	D	0.28%	0.2%	0.2%
TKR	F	0.22%	0.14%	0.14%
TMHC	A	0.37%	0.19%	0.19%
TTC	D	0.14%	0.22%	0.14%
TTEK	C	0.39%	0.34%	0.34%
TXRH	B	0.24%	0.33%	0.24%
UBSI	B	0.15%	0.13%	0.13%
UFPI	C	0.28%	0.19%	0.19%
UGI	D	0.36%	0.13%	0.13%
UMBF	B	0.16%	0.13%	0.13%
UNM	B	0.32%	0.28%	0.28%
USFD	B	0.08%	0.39%	0.08%
VLY	B	0.24%	0.11%	0.11%
VMI	B	0.08%	0.16%	0.08%
VNO	A	0.08%	0.18%	0.08%
VNT	B	0.25%	0.14%	0.14%
VOYA	B	0.15%	0.2%	0.15%
WAL	B	0.14%	0.24%	0.14%
WBS	B	0.25%	0.23%	0.23%
WCC	B	0.34%	0.21%	0.21%
WHR	B	0.29%	0.15%	0.15%
WING	F	0.1%	0.22%	0.1%
WPC	D	0.2%	0.32%	0.2%
WTFC	B	0.24%	0.2%	0.2%
WTRG	B	0.23%	0.25%	0.23%
WTS	C	0.14%	0.14%	0.14%
WU	F	0.2%	0.09%	0.09%
WWD	B	0.14%	0.25%	0.14%
ZION	B	0.25%	0.2%	0.2%

FNX Overweight 199 Positions Relative to MVV

Symbol	Grade	Weight
MATX	B	0.41%
HP	C	0.41%
CORT	B	0.4%
QTWO	B	0.4%
AFRM	B	0.4%
AX	B	0.4%
SFBS	B	0.39%
MGY	A	0.39%
KTB	A	0.39%
AGO	B	0.39%
SM	C	0.39%
PTEN	D	0.38%
OTTR	D	0.38%
RDN	D	0.38%
ATKR	D	0.38%
FOUR	B	0.38%
NOG	B	0.38%
AL	B	0.37%
FMC	D	0.37%
HCC	A	0.37%
IOT	A	0.37%
ADTN	B	0.37%
TAP	B	0.36%
GPI	B	0.36%
BFAM	F	0.36%
NTRA	A	0.36%
COOP	A	0.36%
CSWI	A	0.36%
APA	F	0.36%
ACIW	B	0.36%
DDS	C	0.36%
BWA	D	0.35%
ZETA	B	0.35%
MOG.A	B	0.35%
CRS	B	0.35%
URBN	D	0.35%
BCC	B	0.35%
LBRT	F	0.34%
LTH	C	0.34%
PEGA	A	0.33%
ASO	F	0.33%
JXN	B	0.33%
AMR	C	0.33%
LNC	B	0.33%
MTH	D	0.33%
DY	C	0.33%
MHO	C	0.33%
MLI	B	0.33%
MOD	C	0.33%
SIG	B	0.33%
ALSN	A	0.33%
TPH	D	0.33%
MDU	F	0.32%
TOST	B	0.32%
SOFI	A	0.32%
DVA	D	0.32%
RUSHA	B	0.32%
AVAV	B	0.32%
GWRE	B	0.31%
HIMS	B	0.31%
BEN	C	0.31%
SOLV	C	0.31%
LBRDK	B	0.31%
ITRI	A	0.31%
HRI	B	0.3%
ATI	D	0.3%
PNW	B	0.3%
GMS	B	0.3%
PODD	B	0.3%
MOS	C	0.3%
PIPR	B	0.3%
GBDC	B	0.3%
HASI	F	0.3%
ABG	B	0.29%
ITGR	B	0.29%
DXC	C	0.29%
FRPT	B	0.29%
EVRG	B	0.29%
HST	C	0.29%
LKQ	F	0.28%
NFE	F	0.28%
NCLH	B	0.28%
EPRT	C	0.28%
BOOT	D	0.28%
RDNT	A	0.28%
EMN	D	0.28%
UHS	D	0.27%
SUM	B	0.27%
CRVL	B	0.27%
AAP	F	0.27%
BMI	C	0.27%
AEO	F	0.26%
PI	C	0.26%
TPG	B	0.26%
OMF	A	0.24%
ALK	B	0.24%
AWI	A	0.24%
BECN	B	0.24%
RUN	F	0.24%
RL	B	0.23%
RIG	D	0.23%
SANM	B	0.23%
TW	B	0.23%
JBL	C	0.23%
BOX	B	0.22%
AXS	A	0.22%
CRC	B	0.22%
ABCB	B	0.22%
WHD	B	0.22%
GL	C	0.22%
MMSI	A	0.22%
DIOD	D	0.21%
ALKS	C	0.21%
INSM	C	0.21%
IPG	F	0.21%
HII	F	0.21%
SJM	D	0.21%
FSS	C	0.2%
AUR	C	0.2%
IBP	F	0.2%
BBWI	D	0.2%
VRNS	D	0.2%
REYN	F	0.19%
CRDO	A	0.18%
MKTX	C	0.17%
ITCI	A	0.17%
TMDX	F	0.16%
FFIV	B	0.16%
CMA	B	0.16%
MSGS	B	0.16%
S	B	0.16%
UCB	B	0.15%
OGN	F	0.15%
KAI	A	0.15%
ACA	B	0.15%
REG	B	0.15%
AXSM	D	0.15%
WYNN	D	0.15%
AUB	B	0.15%
TPR	A	0.15%
RHI	B	0.15%
GKOS	B	0.15%
BOKF	B	0.15%
CNS	B	0.15%
DNB	B	0.15%
CRL	D	0.14%
FELE	C	0.14%
RARE	D	0.14%
SEM	B	0.14%
RNA	B	0.14%
FUL	D	0.14%
INSP	D	0.14%
KFY	B	0.14%
AZEK	B	0.14%
MGM	F	0.14%
EPAM	C	0.14%
UHAL	B	0.14%
MTCH	F	0.14%
ALLE	C	0.14%
WD	B	0.14%
HSIC	F	0.14%
AIZ	A	0.14%
BPOP	D	0.13%
AES	F	0.12%
CLSK	C	0.09%
OWL	B	0.09%
DAY	A	0.09%
RVMD	B	0.09%
LYFT	C	0.08%
MAIN	B	0.08%
MARA	C	0.08%
NTNX	B	0.08%
CTRE	C	0.08%
WTM	B	0.08%
PFSI	D	0.07%
TNET	F	0.07%
U	D	0.07%
AGNC	D	0.07%
IAC	C	0.07%
HUN	F	0.07%
TECH	B	0.07%
SKY	C	0.07%
UDR	C	0.07%
VRRM	F	0.07%
KMX	F	0.07%
ALIT	D	0.07%
CPT	C	0.07%
BPMC	C	0.07%
BCPC	B	0.07%
CZR	D	0.07%
GOLF	B	0.07%
CWST	C	0.07%
SEE	C	0.07%
ESI	B	0.07%
RHP	B	0.07%
NSIT	F	0.06%
TFX	F	0.06%
AOS	F	0.06%
ELAN	D	0.06%

FNX Underweight 155 Positions Relative to MVV

Symbol	Grade	Weight
ILMN	B	-0.61%
TPL	B	-0.56%
EME	B	-0.52%
LII	A	-0.5%
CSL	C	-0.5%
WSM	F	-0.44%
RPM	B	-0.43%
PSTG	C	-0.43%
WSO	B	-0.43%
BURL	C	-0.42%
MANH	C	-0.42%
OC	B	-0.41%
FNF	C	-0.41%
RBA	B	-0.41%
RS	B	-0.41%
UTHR	B	-0.41%
XPO	B	-0.4%
THC	B	-0.39%
TOL	B	-0.39%
AVTR	F	-0.39%
EQH	B	-0.38%
CASY	B	-0.38%
ACM	B	-0.37%
GGG	C	-0.36%
GLPI	D	-0.36%
RGA	B	-0.36%
SAIA	C	-0.34%
ELS	C	-0.34%
BMRN	F	-0.33%
NVT	B	-0.32%
NBIX	C	-0.32%
SRPT	F	-0.31%
AMH	D	-0.3%
LECO	C	-0.29%
CG	B	-0.28%
WMS	D	-0.28%
AA	B	-0.27%
BLD	F	-0.27%
ALLY	C	-0.26%
ONTO	F	-0.26%
REXR	F	-0.25%
CNH	D	-0.25%
AAL	C	-0.24%
CIEN	A	-0.24%
EVR	B	-0.24%
CNM	D	-0.23%
X	C	-0.23%
OLED	F	-0.23%
FN	B	-0.23%
KBR	A	-0.23%
LNW	C	-0.22%
TPX	C	-0.22%
PR	C	-0.22%
CHE	F	-0.21%
MEDP	D	-0.21%
PEN	C	-0.21%
TREX	C	-0.2%
CR	A	-0.2%
FYBR	C	-0.2%
LSCC	C	-0.19%
MTZ	A	-0.19%
HQY	A	-0.19%
MTSI	B	-0.18%
STAG	D	-0.18%
MKSI	D	-0.18%
ALV	C	-0.18%
CGNX	C	-0.18%
WH	A	-0.18%
RGEN	F	-0.18%
WEX	F	-0.18%
GNTX	D	-0.18%
ALTR	C	-0.17%
BRKR	F	-0.17%
MSA	D	-0.17%
CYTK	D	-0.16%
GBCI	B	-0.16%
ELF	D	-0.16%
NOVT	B	-0.16%
MASI	B	-0.16%
BIO	B	-0.16%
MTN	D	-0.16%
SRCL	A	-0.15%
WFRD	F	-0.15%
JHG	A	-0.14%
DOCS	B	-0.14%
ST	F	-0.14%
RMBS	C	-0.14%
CHX	D	-0.14%
HXL	D	-0.13%
APPF	D	-0.13%
AM	B	-0.13%
GTLS	B	-0.13%
VVV	B	-0.13%
WMG	B	-0.12%
XRAY	F	-0.12%
CELH	F	-0.12%
RH	B	-0.12%
ACHC	F	-0.12%
NEU	D	-0.11%
DLB	C	-0.11%
LITE	B	-0.11%
QLYS	C	-0.11%
WLK	F	-0.11%
HAE	B	-0.1%
ALE	A	-0.1%
KMPR	A	-0.1%
NWE	D	-0.09%
NVST	C	-0.09%
TNL	A	-0.09%
ALGM	F	-0.09%
WEN	C	-0.09%
IRDM	C	-0.09%
LANC	B	-0.09%
ASB	B	-0.09%
TCBI	B	-0.09%
POWI	C	-0.09%
EPR	D	-0.09%
SLAB	F	-0.09%
CDP	C	-0.09%
PK	C	-0.08%
BHF	B	-0.08%
NSA	D	-0.08%
MAN	F	-0.08%
PCH	F	-0.08%
YETI	F	-0.08%
ZI	C	-0.08%
AMED	C	-0.08%
TDC	D	-0.08%
FHI	B	-0.08%
CHH	B	-0.08%
VAL	F	-0.08%
VAC	B	-0.07%
VC	F	-0.07%
SAM	C	-0.07%
CXT	D	-0.07%
CC	C	-0.07%
LIVN	C	-0.07%
SYNA	D	-0.07%
NEOG	C	-0.07%
GHC	A	-0.07%
RCM	B	-0.06%
IPGP	C	-0.06%
CPRI	F	-0.06%
GT	C	-0.06%
ENOV	C	-0.06%
SHC	C	-0.06%
ARWR	C	-0.06%
PPC	B	-0.05%
VSH	F	-0.05%
CRI	F	-0.05%
AZTA	F	-0.05%
CAR	D	-0.04%
UAA	C	-0.04%
GEF	B	-0.04%
UA	C	-0.03%