FNX vs. SDP ETF Comparison

Comparison of First Trust Mid Cap Core AlphaDEX (FNX) to ProShares UltraShort Utilities (SDP)

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

$116.21

Average Daily Volume

21,909

Number of Holdings ^*

439

* may have additional holdings in another (foreign) market

SDP

ProShares UltraShort Utilities

SDP Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. UtilitiesSM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index measures the performance of the utilities sector of the U.S. equity market. Component companies include, among others, electric utilities, gas utilities, multi-utilities and water utilities. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$7.43

Average Daily Volume

37,751

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FNX	SDP
30 Days	0.54%	-12.44%
60 Days	6.18%	-16.87%
90 Days	8.14%	-28.53%
12 Months	29.79%	-52.64%

16 Overlapping Holdings

Symbol	Grade	Weight in FNX	Weight in SDP	Overlap
AES	B	0.07%	1.33%	0.07%
BKH	B	0.31%	0.49%	0.31%
EVRG	B	0.32%	1.5%	0.32%
IDA	B	0.23%	0.54%	0.23%
LNT	A	0.24%	1.35%	0.24%
MDU	C	0.3%	0.58%	0.3%
NFG	A	0.38%	0.38%	0.38%
NI	A	0.24%	1.06%	0.24%
NJR	C	0.23%	0.41%	0.23%
NRG	A	0.23%	0.95%	0.23%
OGS	A	0.32%	0.49%	0.32%
PNW	A	0.32%	1.03%	0.32%
POR	B	0.3%	0.51%	0.3%
SWX	C	0.22%	0.41%	0.22%
UGI	C	0.15%	0.91%	0.15%
WTRG	D	0.21%	1.07%	0.21%

FNX Overweight 423 Positions Relative to SDP

Symbol	Grade	Weight
APP	B	0.53%
LBRDK	C	0.48%
MHO	A	0.47%
MOD	C	0.46%
CVNA	A	0.46%
SFM	A	0.45%
RUSHA	C	0.44%
MTH	B	0.44%
FIX	B	0.44%
GPI	C	0.44%
LAD	B	0.43%
KBH	C	0.43%
TMHC	B	0.43%
G	A	0.42%
PSN	A	0.42%
BCC	B	0.42%
EME	C	0.41%
COKE	B	0.41%
MOG.A	B	0.41%
TPH	B	0.41%
JXN	B	0.41%
TTEK	B	0.4%
DVA	B	0.4%
HRB	C	0.4%
MTG	B	0.4%
RNR	A	0.4%
FMC	B	0.39%
ESNT	C	0.39%
NTRA	B	0.39%
AMG	C	0.39%
HOG	C	0.39%
ASO	D	0.39%
BCO	A	0.38%
POST	B	0.38%
SIG	C	0.38%
IBKR	A	0.38%
BTU	B	0.38%
LNTH	C	0.38%
RDN	D	0.38%
TOL	A	0.37%
HALO	D	0.37%
TAP	D	0.37%
INSM	D	0.37%
FYBR	C	0.37%
FRPT	C	0.37%
AVAV	B	0.37%
MUSA	D	0.36%
OLLI	C	0.36%
CUZ	C	0.36%
UHS	D	0.36%
COLB	C	0.36%
ESGR	D	0.36%
GL	C	0.36%
NOG	D	0.35%
MGY	C	0.35%
WING	B	0.35%
ABG	D	0.35%
VLY	C	0.35%
KRC	C	0.35%
GWRE	A	0.35%
TXRH	B	0.35%
AGO	D	0.35%
ALSN	A	0.34%
SM	F	0.34%
AGCO	D	0.34%
ENSG	D	0.34%
AAON	B	0.34%
LBRT	F	0.34%
CMC	C	0.34%
THC	C	0.34%
CVLT	C	0.34%
HOOD	C	0.34%
MLI	B	0.34%
SEB	D	0.34%
DAR	F	0.34%
AL	D	0.33%
KTB	B	0.33%
R	C	0.33%
CW	A	0.33%
WWD	B	0.33%
TEX	F	0.33%
CHK	C	0.33%
CASY	D	0.33%
TW	A	0.32%
BYD	C	0.32%
BERY	C	0.32%
RYAN	A	0.32%
ATI	B	0.32%
THO	C	0.32%
BMI	A	0.32%
WTM	D	0.32%
UFPI	B	0.32%
KD	F	0.31%
COOP	C	0.31%
GMS	D	0.31%
AN	B	0.31%
UNM	A	0.31%
UTHR	B	0.31%
TKO	C	0.31%
EMN	B	0.31%
PVH	F	0.31%
HP	F	0.31%
BC	C	0.31%
OGE	A	0.31%
AIT	A	0.31%
APA	F	0.3%
GKOS	C	0.3%
PAG	D	0.3%
MEDP	F	0.3%
MUR	F	0.3%
ONB	D	0.3%
PII	D	0.3%
OVV	F	0.3%
TOST	B	0.3%
BWA	C	0.3%
RL	B	0.3%
MATX	B	0.3%
MTDR	F	0.3%
ARMK	B	0.3%
ITGR	C	0.3%
ARW	C	0.3%
CLH	C	0.3%
NOV	F	0.3%
MOS	F	0.3%
CADE	D	0.3%
FSS	B	0.3%
HII	D	0.29%
SANM	D	0.29%
TKR	B	0.29%
DINO	F	0.29%
DXC	D	0.29%
WCC	C	0.29%
WBS	D	0.29%
CVI	F	0.29%
SON	D	0.29%
CHRD	F	0.28%
LNC	D	0.28%
CNXC	F	0.28%
NXST	D	0.28%
WAL	C	0.28%
OZK	F	0.28%
JAZZ	F	0.28%
H	C	0.28%
AEO	C	0.28%
CZR	C	0.28%
ALK	B	0.28%
AVT	B	0.28%
APPF	C	0.27%
SRPT	F	0.27%
PTEN	F	0.27%
ANF	D	0.27%
ABCB	C	0.26%
URBN	F	0.26%
OSK	F	0.26%
KNF	C	0.26%
SFBS	D	0.26%
MTSI	C	0.26%
ADTN	C	0.26%
VAL	F	0.26%
SSB	C	0.26%
BFAM	C	0.26%
TPL	B	0.26%
LEA	F	0.26%
WFRD	F	0.26%
PEGA	C	0.25%
OHI	C	0.25%
CBT	B	0.25%
APG	F	0.25%
SLGN	A	0.25%
HQY	B	0.25%
PNFP	D	0.25%
DNB	D	0.25%
RRC	D	0.25%
ITT	B	0.24%
DDS	D	0.24%
ALLY	F	0.24%
LNW	F	0.24%
MMSI	C	0.24%
PB	D	0.24%
SAIC	B	0.24%
AWI	A	0.24%
MIDD	D	0.24%
CMA	C	0.24%
AIZ	A	0.24%
VRNS	C	0.24%
AGNC	C	0.23%
RYN	C	0.23%
EWBC	D	0.23%
ATR	A	0.23%
DTM	A	0.23%
PRI	A	0.23%
BPMC	F	0.23%
AXS	A	0.23%
BWXT	A	0.23%
AYI	A	0.23%
PBF	F	0.23%
HOMB	D	0.23%
UBSI	D	0.23%
BOKF	D	0.23%
ORI	A	0.23%
ASGN	D	0.22%
ATKR	F	0.22%
FCN	B	0.22%
HWC	D	0.22%
SEIC	B	0.22%
AXTA	C	0.22%
KNX	C	0.22%
NYT	B	0.22%
CLF	D	0.22%
MORN	C	0.22%
OWL	B	0.22%
WSM	C	0.22%
ZION	D	0.22%
XPO	F	0.22%
WTFC	C	0.22%
VNO	B	0.21%
GOLF	F	0.21%
COLM	B	0.21%
WHR	C	0.21%
FNB	D	0.21%
OLED	C	0.21%
VRRM	D	0.21%
AM	A	0.21%
SNX	C	0.21%
LOPE	D	0.21%
PRGO	F	0.21%
SLM	C	0.21%
OMF	D	0.2%
HCC	D	0.2%
CHDN	D	0.2%
ALTR	C	0.2%
ENS	C	0.2%
FHN	D	0.2%
OLN	D	0.2%
WU	D	0.2%
IOT	C	0.2%
CROX	C	0.2%
HLNE	A	0.19%
ONTO	C	0.19%
SKY	A	0.19%
ESTC	F	0.19%
ASH	F	0.19%
BECN	F	0.19%
SKX	C	0.19%
HGV	F	0.19%
RIG	F	0.18%
IONS	F	0.18%
DUOL	B	0.18%
LPX	A	0.18%
GAP	F	0.18%
JLL	B	0.18%
ELF	F	0.18%
TDW	F	0.17%
EPRT	C	0.17%
HAS	A	0.17%
MKSI	F	0.17%
JEF	B	0.17%
SMAR	A	0.17%
UMBF	C	0.17%
CRVL	C	0.17%
IPGP	D	0.17%
BPOP	D	0.16%
LAMR	C	0.16%
AXSM	C	0.16%
PLNT	C	0.16%
AVNT	B	0.16%
AMKR	F	0.16%
RVMD	B	0.16%
CACI	A	0.16%
IAC	C	0.16%
KAI	C	0.16%
CPT	C	0.16%
USFD	C	0.16%
TFX	B	0.16%
EXEL	C	0.16%
PFGC	B	0.16%
IBP	C	0.16%
M	F	0.16%
MAT	C	0.16%
EXLS	B	0.16%
INGR	A	0.16%
EXPO	B	0.16%
FOUR	B	0.16%
FAF	B	0.16%
BRBR	B	0.15%
RHI	D	0.15%
FUL	F	0.15%
RGA	C	0.15%
MMS	A	0.15%
GT	F	0.15%
SNV	D	0.15%
RLI	A	0.15%
VOYA	A	0.15%
ACLS	F	0.15%
ITCI	D	0.15%
HSIC	C	0.15%
AFG	B	0.15%
REYN	C	0.15%
EHC	B	0.15%
GPK	B	0.15%
NCLH	C	0.15%
UDR	C	0.15%
ESAB	C	0.15%
IRT	C	0.15%
ACA	C	0.15%
IP	B	0.15%
SEM	D	0.14%
CWST	D	0.14%
DKS	D	0.14%
LFUS	C	0.14%
GXO	D	0.14%
DCI	B	0.14%
GATX	D	0.14%
KEX	C	0.14%
BLD	C	0.14%
SUM	D	0.14%
ORA	B	0.14%
OTTR	F	0.13%
GNTX	F	0.13%
WYNN	B	0.13%
OGN	D	0.13%
SMPL	D	0.13%
WMS	D	0.13%
CRUS	D	0.13%
MSA	D	0.13%
EEFT	F	0.13%
CACC	F	0.13%
SIGI	D	0.13%
KWR	D	0.13%
AR	C	0.12%
PR	F	0.12%
FIZZ	C	0.12%
CNM	F	0.12%
BBWI	F	0.11%
INFA	D	0.11%
AFRM	C	0.1%
SITE	D	0.09%
EVR	C	0.09%
RRX	C	0.09%
CIEN	B	0.09%
FFIN	D	0.09%
CCK	A	0.09%
AAP	F	0.09%
FFIV	C	0.09%
EXP	C	0.09%
CFLT	F	0.09%
MHK	B	0.09%
MSGS	B	0.08%
SF	A	0.08%
BLKB	C	0.08%
STWD	C	0.08%
CFR	D	0.08%
AZEK	B	0.08%
MSTR	C	0.08%
EGP	D	0.08%
RBC	B	0.08%
CHH	C	0.08%
NNN	A	0.08%
NVST	D	0.08%
ALKS	C	0.08%
BCPC	C	0.08%
GNRC	B	0.08%
TPX	B	0.08%
MAC	B	0.08%
BXMT	C	0.08%
S	D	0.08%
PCH	C	0.08%
WDFC	C	0.08%
REG	B	0.08%
KNSL	D	0.08%
RGLD	C	0.08%
IVZ	C	0.08%
ZWS	A	0.08%
PFSI	C	0.08%
SOFI	C	0.08%
THG	A	0.08%
HRI	B	0.08%
CUBE	C	0.08%
KRG	C	0.08%
HLI	B	0.08%
ADC	B	0.08%
BRX	B	0.08%
GBCI	D	0.08%
BOX	C	0.08%
TNET	F	0.07%
SAIA	D	0.07%
ESI	B	0.07%
ALIT	D	0.07%
LSTR	D	0.07%
WMG	D	0.07%
SEE	B	0.07%
YETI	D	0.07%
FLO	C	0.07%
HUN	B	0.07%
KMX	D	0.07%
VMI	B	0.07%
XRAY	D	0.07%
AOS	B	0.07%
MAN	D	0.07%
TPR	B	0.07%
FLR	D	0.07%
NSIT	C	0.07%
NEU	F	0.07%
TECH	B	0.07%
FLS	B	0.07%
NEOG	D	0.07%
CBSH	D	0.07%
CR	C	0.07%
AMR	F	0.06%
ALGM	F	0.06%
MARA	F	0.06%
CAR	D	0.06%
GTLS	F	0.06%
VNT	F	0.06%
SAM	D	0.06%
HAE	D	0.06%
AEIS	D	0.06%
BJ	D	0.06%
LYFT	D	0.06%
LANC	F	0.06%
CIVI	F	0.05%
CELH	F	0.04%
IRTC	F	0.04%

FNX Underweight 30 Positions Relative to SDP

Symbol	Grade	Weight
NEE	A	-12.13%
SO	A	-6.91%
D	A	-6.77%
DUK	B	-6.69%
AEP	B	-4.77%
EXC	A	-4.51%
SRE	A	-4.34%
XEL	A	-3.36%
WEC	A	-2.98%
ED	A	-2.94%
PEG	A	-2.93%
ES	A	-2.81%
EIX	A	-2.7%
FE	A	-2.6%
PPL	A	-2.56%
DTE	A	-2.52%
ETR	A	-2.46%
AWK	C	-2.31%
AEE	A	-1.92%
CMS	A	-1.82%
ATO	A	-1.34%
CNP	B	-1.33%
VST	A	-1.01%
HE	F	-0.51%
SR	A	-0.42%
ALE	A	-0.42%
PNM	B	-0.4%
NWE	A	-0.37%
AVA	B	-0.32%
AGR	C	-0.28%