FNY vs. AIEQ ETF Comparison

Comparison of First Trust Mid Cap Growth AlphaDEX (FNY) to AI Powered Equity ETF (AIEQ)

FNY

First Trust Mid Cap Growth AlphaDEX

FNY 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 Growth Index (the "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) Growth 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

$72.27

Average Daily Volume

15,459

Number of Holdings ^*

216

* may have additional holdings in another (foreign) market

AIEQ

AI Powered Equity ETF

AIEQ Description

The investment seeks capital appreciation. The fund is actively managed and invests primarily in equity securities listed on a U.S. exchange based on the results of a proprietary, quantitative model (the EquBot Model) developed by EquBot LLC (EquBot) that runs on the IBM Watson? platform. EquBot, the fund's sub-adviser, is a technology based company focused on applying artificial intelligence (AI) based solutions to investment analyses. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.39

Average Daily Volume

9,545

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

Performance

Period	FNY	AIEQ
30 Days	2.79%	-3.23%
60 Days	2.23%	2.08%
90 Days	3.62%	2.50%
12 Months	15.82%	9.64%

31 Overlapping Holdings

Symbol	Grade	Weight in FNY	Weight in AIEQ	Overlap
AAON	C	0.57%	0.37%	0.37%
ACLS	F	0.49%	0.43%	0.43%
ADC	A	0.32%	0.46%	0.32%
AFRM	F	0.25%	0.61%	0.25%
AIT	C	0.64%	0.49%	0.49%
ALKS	B	0.33%	0.49%	0.33%
ALSN	A	0.82%	0.33%	0.33%
ALTR	D	0.38%	1.01%	0.38%
AM	C	0.56%	0.26%	0.26%
ANF	D	0.61%	1.36%	0.61%
APG	D	0.56%	0.57%	0.56%
APP	D	0.66%	0.18%	0.18%
APPF	D	0.54%	0.33%	0.33%
ARMK	B	0.57%	0.47%	0.47%
ATI	B	0.84%	0.77%	0.77%
ATR	A	0.6%	0.38%	0.38%
AVAV	D	0.69%	0.48%	0.48%
AWI	B	0.66%	0.37%	0.37%
AXTA	A	0.44%	0.55%	0.44%
AZEK	D	0.31%	0.63%	0.31%
BCPC	B	0.34%	0.21%	0.21%
CELH	F	0.23%	0.99%	0.23%
EME	D	0.71%	0.28%	0.28%
ESTC	C	0.56%	0.07%	0.07%
FIX	C	0.74%	0.08%	0.08%
HOOD	D	0.67%	0.13%	0.13%
MSTR	C	0.35%	0.48%	0.35%
NTRA	D	0.68%	0.06%	0.06%
RL	D	0.57%	0.13%	0.13%
TOL	B	0.71%	0.12%	0.12%
WWD	D	0.75%	0.07%	0.07%

FNY Overweight 185 Positions Relative to AIEQ

Symbol	Grade	Weight
ENSG	B	0.84%
MOG.A	B	0.83%
INSM	B	0.8%
LNTH	C	0.79%
BCO	B	0.77%
HRB	A	0.76%
HALO	B	0.76%
MUSA	A	0.76%
POST	A	0.75%
ITGR	C	0.74%
CW	A	0.74%
TTEK	A	0.74%
KD	C	0.74%
CASY	B	0.73%
MOD	B	0.73%
COKE	A	0.73%
TXRH	A	0.72%
DVA	D	0.72%
OLLI	B	0.72%
TOST	C	0.72%
SFM	A	0.72%
SFBS	B	0.71%
CVNA	B	0.71%
H	C	0.71%
LNW	A	0.71%
IBKR	D	0.7%
CLH	A	0.7%
PSN	B	0.68%
FSS	B	0.67%
FRPT	D	0.67%
MEDP	D	0.67%
WFRD	C	0.67%
KNF	C	0.66%
SRPT	C	0.66%
TPL	B	0.64%
BFAM	B	0.63%
BMI	B	0.63%
GWRE	B	0.62%
HCC	C	0.62%
WING	D	0.62%
WSM	C	0.62%
PEGA	B	0.62%
ITT	B	0.62%
LOPE	A	0.62%
CBT	C	0.61%
NYT	B	0.6%
FCN	C	0.6%
KTB	A	0.6%
PRI	A	0.6%
ELF	D	0.59%
BPMC	C	0.59%
BWXT	C	0.59%
RYAN	A	0.59%
CHDN	B	0.59%
XPO	B	0.59%
TDW	C	0.58%
GKOS	C	0.58%
CVLT	B	0.58%
TW	A	0.58%
TKO	C	0.57%
IBP	C	0.56%
MKSI	D	0.54%
HQY	D	0.53%
KAI	C	0.52%
CRVL	B	0.52%
RVMD	B	0.51%
MTSI	D	0.51%
CFR	C	0.5%
GOLF	B	0.49%
ONTO	F	0.49%
HLNE	B	0.49%
OLED	C	0.47%
EPRT	B	0.47%
OWL	C	0.47%
CNM	C	0.47%
MORN	B	0.47%
SMAR	B	0.47%
ACA	B	0.47%
EXLS	C	0.47%
HAS	B	0.47%
VRRM	B	0.47%
OHI	A	0.46%
DCI	B	0.45%
AXSM	B	0.45%
RLI	A	0.45%
ESAB	C	0.45%
STWD	B	0.45%
IONS	B	0.45%
INGR	A	0.45%
EXEL	A	0.44%
CWST	B	0.44%
GATX	C	0.44%
MMSI	B	0.43%
LAMR	B	0.43%
IRT	A	0.43%
MSA	C	0.43%
PLNT	C	0.43%
VRNS	B	0.43%
EEFT	F	0.42%
NCLH	D	0.42%
FOUR	F	0.41%
PR	F	0.41%
WYNN	F	0.4%
GNTX	F	0.4%
BRBR	D	0.38%
DUOL	F	0.35%
BLD	C	0.35%
ITCI	B	0.33%
KNSL	B	0.33%
EXP	B	0.33%
HRI	C	0.33%
OTTR	B	0.32%
EXPO	B	0.32%
SOFI	D	0.32%
GPK	B	0.31%
S	C	0.31%
WMS	C	0.31%
HAE	C	0.31%
IOT	C	0.31%
CHH	B	0.31%
ZWS	C	0.31%
AOS	C	0.3%
TNET	D	0.3%
CPT	A	0.3%
AMR	F	0.3%
BLKB	C	0.3%
MAC	C	0.3%
MSGS	B	0.3%
ORA	A	0.3%
UDR	B	0.29%
PFGC	D	0.29%
AEIS	C	0.29%
MARA	D	0.29%
VNT	F	0.29%
FFIV	B	0.29%
WMG	F	0.28%
SAM	F	0.27%
FIZZ	C	0.27%
SMPL	F	0.27%
LYFT	F	0.25%
IRTC	F	0.24%
CFLT	F	0.24%
INFA	D	0.23%
WDFC	B	0.18%
CNS	B	0.17%
ALLE	B	0.17%
IPAR	B	0.17%
CCOI	B	0.17%
EVH	C	0.17%
FELE	B	0.16%
EPR	B	0.16%
WSC	C	0.16%
EGP	A	0.16%
TPX	C	0.16%
TECH	B	0.16%
WTS	B	0.16%
DOC	A	0.16%
OPCH	C	0.16%
SSD	C	0.16%
SHC	B	0.16%
CHE	B	0.15%
RHP	C	0.15%
JKHY	B	0.15%
DOCU	D	0.15%
YETI	D	0.15%
HXL	D	0.15%
BOX	B	0.15%
NCNO	C	0.15%
WEX	D	0.15%
PCOR	C	0.15%
REG	A	0.15%
CUBE	B	0.15%
BRX	B	0.15%
NNN	A	0.15%
RBC	B	0.15%
NEU	B	0.15%
KRG	A	0.15%
RGLD	A	0.15%
TENB	D	0.14%
CIVI	D	0.14%
AES	D	0.14%
WEN	C	0.14%
PGNY	D	0.14%
SAIA	F	0.12%
ALGM	F	0.12%

FNY Underweight 83 Positions Relative to AIEQ

Symbol	Grade	Weight
TSLA	C	-8.4%
NVDA	D	-5.53%
AMD	F	-5.37%
COST	D	-4.44%
PG	B	-4.38%
AAPL	C	-4.1%
EQIX	B	-4.04%
GOOGL	D	-3.56%
PEP	B	-3.26%
SNOW	F	-3.16%
LLY	D	-2.68%
CRM	C	-2.42%
CEG	D	-2.28%
DD	A	-2.27%
TEAM	D	-1.95%
UNH	A	-1.86%
AAL	F	-1.4%
TGT	C	-1.38%
AA	F	-1.09%
JBHT	C	-0.95%
AEO	D	-0.92%
BERY	B	-0.88%
ARW	C	-0.87%
CTLT	A	-0.84%
AGCO	F	-0.74%
AYI	D	-0.69%
AN	B	-0.67%
AAP	D	-0.66%
ATKR	F	-0.59%
ASO	F	-0.58%
ALK	F	-0.56%
BECN	B	-0.56%
BC	C	-0.56%
AIZ	B	-0.54%
ABG	B	-0.53%
BCC	C	-0.5%
AMG	B	-0.47%
MRVL	F	-0.46%
CMG	D	-0.44%
X	B	-0.41%
APLS	F	-0.41%
WDAY	D	-0.39%
EQT	F	-0.38%
ETN	D	-0.38%
AVT	D	-0.37%
CHX	C	-0.36%
AXS	B	-0.34%
AGNC	B	-0.34%
ASGN	D	-0.34%
PYPL	C	-0.33%
A	B	-0.32%
FSLR	D	-0.3%
HPQ	C	-0.29%
ASH	D	-0.29%
ACHC	D	-0.26%
DVN	F	-0.26%
YUM	C	-0.25%
AL	C	-0.25%
NTAP	C	-0.24%
WMB	B	-0.24%
DELL	D	-0.23%
BJ	C	-0.22%
EBAY	A	-0.22%
PHM	B	-0.2%
BRKR	D	-0.19%
RMD	B	-0.19%
LYB	B	-0.17%
MDB	F	-0.16%
ALB	F	-0.15%
RCL	C	-0.15%
ZM	F	-0.15%
NET	D	-0.14%
EL	F	-0.14%
MOH	C	-0.14%
VEEV	C	-0.13%
LSCC	F	-0.13%
DKNG	F	-0.12%
TWLO	D	-0.11%
AXON	C	-0.11%
THC	B	-0.11%
GRMN	B	-0.11%
LW	F	-0.08%
CRL	B	-0.08%