FNY vs. HSMV ETF Comparison

Comparison of First Trust Mid Cap Growth AlphaDEX (FNY) to First Trust Horizon Managed Volatility Small/Mid ETF (HSMV)

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

$78.79

Average Daily Volume

16,094

Number of Holdings ^*

216

* may have additional holdings in another (foreign) market

HSMV

First Trust Horizon Managed Volatility Small/Mid ETF

HSMV Description

The investment seeks to provide investors with capital appreciation. Under normal market conditions, the fund seeks to achieve its investment objective by investing at least 80% of its net assets (including investment borrowings) in small- and/or mid-capitalization common stocks listed and traded on U.S. national securities exchanges that Sub-Advisor believes exhibit low future expected volatility. It is non-diversified.

Grade (RS Rating)

Last Trade

$36.37

Average Daily Volume

1,241

Number of Holdings ^*

196

* may have additional holdings in another (foreign) market

Performance

Period	FNY	HSMV
30 Days	2.30%	2.27%
60 Days	3.67%	4.39%
90 Days	7.05%	9.34%
12 Months	25.45%	19.61%

58 Overlapping Holdings

Symbol	Grade	Weight in FNY	Weight in HSMV	Overlap
ADC	C	0.35%	0.63%	0.35%
AM	B	0.57%	0.48%	0.48%
ATR	B	0.62%	0.49%	0.49%
BCPC	C	0.31%	0.57%	0.31%
BLKB	B	0.31%	0.3%	0.3%
BRX	B	0.17%	0.59%	0.17%
BWXT	D	0.59%	0.47%	0.47%
CASY	D	0.71%	0.55%	0.55%
CCOI	C	0.18%	0.31%	0.18%
CHDN	C	0.57%	0.45%	0.45%
CHE	C	0.15%	0.48%	0.15%
CHH	C	0.29%	0.48%	0.29%
CLH	B	0.76%	0.58%	0.58%
CUBE	B	0.17%	0.78%	0.17%
CVLT	B	0.69%	0.69%	0.69%
CW	B	0.8%	0.55%	0.55%
DCI	D	0.42%	0.46%	0.42%
EGP	B	0.16%	0.56%	0.16%
EME	B	0.76%	0.55%	0.55%
ENSG	C	0.88%	0.61%	0.61%
EPR	B	0.16%	0.55%	0.16%
EPRT	A	0.5%	0.58%	0.5%
EXEL	B	0.5%	0.56%	0.5%
EXP	B	0.35%	0.57%	0.35%
EXPO	B	0.32%	0.32%	0.32%
FCN	C	0.58%	0.3%	0.3%
FELE	C	0.14%	0.44%	0.14%
FSS	D	0.59%	0.47%	0.47%
GATX	D	0.44%	0.5%	0.44%
GNTX	F	0.37%	0.4%	0.37%
GPK	B	0.32%	0.5%	0.32%
HRB	C	0.83%	0.64%	0.64%
HXL	F	0.14%	0.42%	0.14%
INGR	A	0.5%	0.56%	0.5%
IRT	B	0.47%	0.37%	0.37%
ITT	C	0.59%	0.47%	0.47%
LAMR	A	0.46%	0.46%	0.46%
LOPE	D	0.58%	0.5%	0.5%
MOG.A	B	0.82%	0.49%	0.49%
MSA	C	0.39%	0.43%	0.39%
MSGS	B	0.31%	0.51%	0.31%
MUSA	C	0.81%	0.58%	0.58%
NNN	B	0.16%	0.57%	0.16%
NYT	C	0.59%	0.57%	0.57%
OHI	A	0.51%	0.62%	0.51%
ORA	C	0.3%	0.32%	0.3%
PFGC	B	0.32%	0.49%	0.32%
POST	C	0.78%	0.51%	0.51%
PRI	B	0.61%	0.56%	0.56%
RGLD	B	0.16%	0.42%	0.16%
RLI	B	0.46%	0.51%	0.46%
SFM	B	0.87%	0.63%	0.63%
TTEK	C	0.8%	0.57%	0.57%
TXRH	D	0.67%	0.48%	0.48%
VNT	D	0.24%	0.37%	0.24%
VRRM	D	0.43%	0.52%	0.43%
WEN	C	0.14%	0.39%	0.14%
WTS	C	0.15%	0.45%	0.15%

FNY Overweight 158 Positions Relative to HSMV

Symbol	Grade	Weight
APP	B	0.91%
COKE	C	0.84%
HALO	B	0.83%
PSN	B	0.83%
NTRA	B	0.82%
ALSN	B	0.81%
DVA	B	0.81%
FIX	B	0.8%
ATI	C	0.8%
INSM	D	0.79%
MOD	C	0.79%
FRPT	B	0.78%
ITGR	B	0.78%
CVNA	B	0.78%
BCO	B	0.75%
LNW	B	0.75%
LNTH	C	0.74%
AVAV	D	0.73%
BFAM	C	0.73%
TOL	B	0.72%
IBKR	B	0.72%
TOST	B	0.72%
OLLI	C	0.71%
GWRE	A	0.7%
SFBS	B	0.69%
HOOD	C	0.68%
H	C	0.68%
WWD	D	0.68%
KNF	B	0.67%
WING	B	0.67%
CBT	B	0.64%
ARMK	B	0.64%
AWI	B	0.63%
RYAN	C	0.63%
TW	A	0.63%
PEGA	C	0.63%
KTB	B	0.63%
TPL	C	0.62%
KD	D	0.62%
BMI	B	0.62%
TKO	B	0.61%
GKOS	D	0.61%
AAON	B	0.61%
MEDP	D	0.6%
AIT	C	0.59%
XPO	D	0.58%
SRPT	F	0.57%
RL	B	0.57%
WSM	C	0.55%
ANF	D	0.55%
WFRD	F	0.53%
APG	D	0.52%
MTSI	D	0.52%
HLNE	B	0.52%
APPF	D	0.52%
HQY	C	0.51%
CRVL	B	0.51%
ONTO	F	0.5%
AXSM	C	0.49%
HCC	F	0.49%
SMAR	B	0.49%
EXLS	C	0.49%
HAS	B	0.49%
MMSI	B	0.48%
PLNT	A	0.48%
FOUR	C	0.47%
DUOL	B	0.47%
MKSI	F	0.47%
VRNS	C	0.47%
KAI	C	0.46%
CWST	D	0.46%
RVMD	C	0.46%
MORN	C	0.45%
BPMC	D	0.45%
CFR	C	0.45%
STWD	A	0.45%
ACA	C	0.45%
IBP	C	0.44%
BRBR	B	0.44%
ESAB	C	0.44%
AXTA	C	0.43%
NCLH	C	0.43%
GOLF	F	0.43%
TDW	F	0.42%
OLED	C	0.41%
OWL	C	0.41%
ACLS	F	0.4%
EEFT	D	0.4%
ELF	F	0.39%
IOT	A	0.39%
AFRM	C	0.39%
ALTR	C	0.38%
WYNN	D	0.37%
IONS	F	0.37%
ESTC	F	0.37%
PR	D	0.35%
CNM	F	0.35%
KNSL	C	0.34%
FFIV	A	0.34%
ZWS	B	0.32%
CPT	B	0.32%
SOFI	C	0.32%
UDR	B	0.32%
ITCI	D	0.31%
ALKS	C	0.31%
MAC	B	0.3%
S	C	0.3%
HRI	C	0.29%
AZEK	C	0.29%
AOS	C	0.28%
WMG	D	0.27%
MSTR	D	0.27%
TNET	D	0.27%
BLD	D	0.27%
WMS	D	0.26%
SMPL	D	0.26%
FIZZ	D	0.25%
OTTR	D	0.25%
AEIS	D	0.25%
SAM	F	0.25%
HAE	D	0.25%
LYFT	D	0.24%
INFA	D	0.24%
EVH	C	0.23%
MARA	F	0.23%
AMR	F	0.21%
SHC	B	0.2%
IRTC	F	0.2%
CFLT	F	0.19%
CNS	B	0.18%
BOX	B	0.18%
ALLE	B	0.17%
KRG	B	0.17%
REG	C	0.17%
WEX	C	0.16%
DOC	C	0.16%
OPCH	C	0.16%
WDFC	B	0.16%
CELH	F	0.16%
RHP	D	0.15%
TECH	C	0.15%
AES	C	0.15%
SSD	C	0.15%
TPX	C	0.15%
WSC	D	0.15%
DOCU	C	0.15%
JKHY	B	0.15%
RBC	C	0.15%
NEU	D	0.15%
YETI	D	0.14%
IPAR	D	0.14%
SAIA	D	0.13%
TENB	D	0.13%
NCNO	D	0.13%
PGNY	F	0.12%
PCOR	F	0.12%
ALGM	F	0.11%
CIVI	F	0.11%

FNY Underweight 138 Positions Relative to HSMV

Symbol	Grade	Weight
LXP	B	-0.72%
IDCC	B	-0.7%
UTHR	C	-0.68%
CPK	B	-0.67%
EVR	B	-0.67%
FAF	B	-0.64%
GMED	D	-0.64%
PLXS	B	-0.62%
NMIH	B	-0.61%
JEF	B	-0.61%
INVA	B	-0.6%
ELS	C	-0.59%
SBRA	B	-0.59%
FCPT	A	-0.59%
G	C	-0.59%
MTG	B	-0.58%
GLPI	B	-0.58%
FR	C	-0.58%
CTRE	B	-0.58%
AWR	B	-0.57%
JJSF	C	-0.57%
CNO	B	-0.57%
ESNT	B	-0.56%
ORI	A	-0.56%
DTM	B	-0.56%
STAG	C	-0.55%
ACHC	C	-0.55%
BJ	D	-0.55%
PECO	B	-0.55%
CACI	B	-0.55%
FNF	A	-0.55%
OGE	B	-0.55%
LFUS	D	-0.55%
NFG	B	-0.54%
ROIC	B	-0.54%
SWX	C	-0.54%
CSL	C	-0.54%
KFY	B	-0.54%
RDN	B	-0.54%
EFC	B	-0.54%
PRGS	C	-0.54%
CWT	C	-0.54%
REXR	C	-0.53%
POR	B	-0.53%
USFD	B	-0.53%
WPC	B	-0.53%
MAT	C	-0.53%
THG	A	-0.53%
LII	B	-0.53%
UNF	B	-0.53%
PNM	B	-0.53%
JHG	B	-0.53%
MCRI	B	-0.52%
OGS	B	-0.52%
SR	B	-0.52%
WTRG	D	-0.52%
SCI	B	-0.52%
NWE	A	-0.52%
EHC	B	-0.52%
MTN	D	-0.52%
IDA	B	-0.52%
COOP	B	-0.52%
AMH	C	-0.52%
BKH	B	-0.52%
RPM	B	-0.52%
RGA	B	-0.52%
RNR	B	-0.51%
AIN	D	-0.51%
MMS	D	-0.51%
ALE	A	-0.51%
AVA	B	-0.51%
NSIT	C	-0.51%
NJR	B	-0.51%
PCH	C	-0.5%
WERN	D	-0.5%
SF	A	-0.5%
FHI	A	-0.5%
SLGN	B	-0.5%
AFG	B	-0.5%
NBIX	F	-0.5%
LANC	D	-0.5%
LSTR	D	-0.49%
VOYA	A	-0.49%
RYN	C	-0.49%
SAIC	C	-0.49%
WU	D	-0.49%
WH	B	-0.49%
COLM	B	-0.49%
AMG	C	-0.49%
CBSH	C	-0.49%
KEX	C	-0.49%
KNX	C	-0.48%
SEIC	B	-0.48%
MDU	B	-0.48%
ACM	B	-0.48%
PBH	B	-0.48%
AVT	D	-0.47%
MIDD	C	-0.47%
CRI	C	-0.47%
GGG	C	-0.47%
EPC	F	-0.46%
FLS	D	-0.46%
FNB	D	-0.46%
ARW	C	-0.46%
AGO	C	-0.46%
FLO	C	-0.45%
SON	C	-0.45%
MAN	C	-0.44%
KBR	D	-0.44%
RS	D	-0.44%
SNX	D	-0.44%
R	B	-0.44%
VVV	D	-0.43%
NSA	B	-0.42%
CRUS	D	-0.42%
AGCO	D	-0.42%
SIGI	C	-0.42%
ASH	D	-0.42%
PB	B	-0.41%
NVT	D	-0.41%
TNC	D	-0.41%
DLB	D	-0.41%
IOSP	D	-0.41%
OSK	D	-0.4%
MSM	D	-0.4%
ENR	F	-0.39%
EVTC	D	-0.39%
JAZZ	D	-0.39%
ALV	F	-0.37%
LECO	F	-0.37%
ENOV	F	-0.34%
AIR	C	-0.33%
ONB	C	-0.32%
ABM	D	-0.32%
GO	F	-0.25%
PDCO	F	-0.23%
PZZA	D	-0.22%
LEG	D	-0.18%