FNY vs. MDYG ETF Comparison

Comparison of First Trust Mid Cap Growth AlphaDEX (FNY) to SPDR S&P 400 Mid Cap Growth ETF (MDYG)

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

$79.45

Average Daily Volume

15,927

Number of Holdings ^*

216

* may have additional holdings in another (foreign) market

MDYG

SPDR S&P 400 Mid Cap Growth ETF

MDYG Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of medium capitalization exchange traded U.S. equity securities exhibiting "growth" characteristics. The fund employs a replication strategy in seeking to track the performance of the S&P MidCap 400 Growth Index. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index measures the performance of the mid-capitalization growth sector in the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$88.02

Average Daily Volume

146,262

Number of Holdings ^*

245

* may have additional holdings in another (foreign) market

Performance

Period	FNY	MDYG
30 Days	5.21%	3.43%
60 Days	5.58%	2.56%
90 Days	8.97%	4.41%
12 Months	28.93%	26.43%

106 Overlapping Holdings

Symbol	Grade	Weight in FNY	Weight in MDYG	Overlap
AAON	B	0.61%	0.45%	0.45%
AIT	A	0.59%	0.55%	0.55%
ALGM	F	0.11%	0.05%	0.05%
ALTR	C	0.38%	0.35%	0.35%
AM	C	0.57%	0.2%	0.2%
ANF	D	0.55%	0.51%	0.51%
APPF	D	0.52%	0.33%	0.33%
ATR	B	0.62%	0.42%	0.42%
AXTA	B	0.43%	0.53%	0.43%
BCO	B	0.75%	0.35%	0.35%
BLD	D	0.27%	0.85%	0.27%
BLKB	C	0.31%	0.15%	0.15%
BRBR	C	0.44%	0.28%	0.28%
BRX	B	0.17%	0.26%	0.17%
BWXT	D	0.59%	0.63%	0.59%
CASY	D	0.71%	0.98%	0.71%
CBT	B	0.64%	0.27%	0.27%
CELH	F	0.16%	0.35%	0.16%
CFR	C	0.45%	0.21%	0.21%
CHDN	C	0.57%	0.65%	0.57%
CHE	C	0.15%	0.37%	0.15%
CHH	C	0.29%	0.1%	0.1%
CIVI	F	0.11%	0.34%	0.11%
CLH	A	0.76%	0.85%	0.76%
CNM	F	0.35%	0.28%	0.28%
COKE	C	0.84%	0.43%	0.43%
CUBE	B	0.17%	0.47%	0.17%
CVLT	B	0.69%	0.27%	0.27%
CW	B	0.8%	0.54%	0.54%
DCI	C	0.42%	0.34%	0.34%
DUOL	B	0.47%	0.59%	0.47%
EEFT	D	0.4%	0.16%	0.16%
EGP	B	0.16%	0.39%	0.16%
ELF	F	0.39%	0.45%	0.39%
EME	B	0.76%	1.3%	0.76%
EPR	B	0.16%	0.16%	0.16%
ESAB	C	0.44%	0.39%	0.39%
EXEL	C	0.5%	0.54%	0.5%
EXLS	B	0.49%	0.24%	0.24%
EXP	B	0.35%	0.65%	0.35%
EXPO	A	0.32%	0.19%	0.19%
FCN	D	0.58%	0.54%	0.54%
FIX	B	0.8%	0.86%	0.8%
GATX	D	0.44%	0.13%	0.13%
GNTX	F	0.37%	0.3%	0.3%
H	C	0.68%	0.46%	0.46%
HAE	F	0.25%	0.16%	0.16%
HALO	C	0.83%	0.55%	0.55%
HQY	C	0.51%	0.24%	0.24%
HRB	C	0.83%	0.61%	0.61%
HXL	F	0.14%	0.17%	0.14%
IBKR	B	0.72%	0.56%	0.56%
INGR	B	0.5%	0.22%	0.22%
ITT	B	0.59%	0.78%	0.59%
KNF	B	0.67%	0.24%	0.24%
KNSL	C	0.34%	0.71%	0.34%
LAMR	B	0.46%	0.46%	0.46%
LNTH	D	0.74%	0.51%	0.51%
LNW	B	0.75%	0.7%	0.7%
LOPE	D	0.58%	0.29%	0.29%
MEDP	F	0.6%	0.58%	0.58%
MKSI	F	0.47%	0.24%	0.24%
MORN	C	0.45%	0.56%	0.45%
MSA	D	0.39%	0.45%	0.39%
MTSI	D	0.52%	0.25%	0.25%
MUSA	D	0.81%	0.7%	0.7%
NEU	D	0.15%	0.27%	0.15%
NNN	C	0.16%	0.23%	0.16%
NYT	C	0.59%	0.61%	0.59%
OHI	B	0.51%	0.29%	0.29%
OLED	C	0.41%	0.64%	0.41%
OLLI	C	0.71%	0.42%	0.42%
ONTO	D	0.5%	0.68%	0.5%
OPCH	C	0.16%	0.21%	0.16%
PGNY	F	0.12%	0.14%	0.12%
PLNT	B	0.48%	0.5%	0.48%
PR	F	0.35%	0.48%	0.35%
PRI	B	0.61%	0.61%	0.61%
RBC	C	0.15%	0.58%	0.15%
RGLD	C	0.16%	0.34%	0.16%
RLI	B	0.46%	0.28%	0.28%
RYAN	D	0.63%	0.46%	0.46%
SAIA	D	0.13%	0.8%	0.13%
SAM	F	0.25%	0.08%	0.08%
SFM	B	0.87%	0.29%	0.29%
SHC	C	0.2%	0.18%	0.18%
SRPT	D	0.57%	0.66%	0.57%
SSD	D	0.15%	0.53%	0.15%
TKO	B	0.61%	0.21%	0.21%
TOL	B	0.72%	1.09%	0.72%
TPL	B	0.62%	0.7%	0.62%
TPX	C	0.15%	0.62%	0.15%
TTEK	C	0.8%	0.86%	0.8%
TXRH	C	0.67%	0.76%	0.67%
VNT	F	0.24%	0.36%	0.24%
WEN	C	0.14%	0.11%	0.11%
WEX	C	0.16%	0.58%	0.16%
WFRD	F	0.53%	0.47%	0.47%
WING	B	0.67%	0.81%	0.67%
WMG	D	0.27%	0.22%	0.22%
WMS	D	0.26%	0.7%	0.26%
WSM	D	0.55%	1.3%	0.55%
WTS	C	0.15%	0.37%	0.15%
WWD	D	0.68%	0.7%	0.68%
XPO	D	0.58%	0.42%	0.42%
YETI	D	0.14%	0.15%	0.14%

FNY Overweight 110 Positions Relative to MDYG

Symbol	Grade	Weight
APP	C	0.91%
ENSG	B	0.88%
PSN	B	0.83%
MOG.A	B	0.82%
NTRA	C	0.82%
ALSN	B	0.81%
DVA	B	0.81%
ATI	C	0.8%
INSM	D	0.79%
MOD	A	0.79%
FRPT	B	0.78%
ITGR	A	0.78%
CVNA	B	0.78%
POST	C	0.78%
AVAV	C	0.73%
BFAM	C	0.73%
TOST	C	0.72%
GWRE	A	0.7%
SFBS	B	0.69%
HOOD	C	0.68%
ARMK	B	0.64%
AWI	B	0.63%
TW	B	0.63%
PEGA	C	0.63%
KTB	B	0.63%
KD	D	0.62%
BMI	A	0.62%
GKOS	C	0.61%
FSS	D	0.59%
RL	C	0.57%
APG	D	0.52%
HLNE	B	0.52%
CRVL	B	0.51%
EPRT	B	0.5%
AXSM	C	0.49%
HCC	F	0.49%
SMAR	C	0.49%
HAS	B	0.49%
MMSI	B	0.48%
FOUR	C	0.47%
IRT	B	0.47%
VRNS	C	0.47%
KAI	C	0.46%
CWST	D	0.46%
RVMD	C	0.46%
BPMC	F	0.45%
STWD	B	0.45%
ACA	B	0.45%
IBP	D	0.44%
VRRM	D	0.43%
NCLH	C	0.43%
GOLF	D	0.43%
TDW	F	0.42%
OWL	C	0.41%
ACLS	F	0.4%
IOT	B	0.39%
AFRM	C	0.39%
WYNN	D	0.37%
IONS	F	0.37%
ESTC	F	0.37%
ADC	C	0.35%
FFIV	B	0.34%
PFGC	B	0.32%
ZWS	A	0.32%
CPT	B	0.32%
GPK	B	0.32%
SOFI	C	0.32%
UDR	C	0.32%
MSGS	B	0.31%
BCPC	C	0.31%
ITCI	D	0.31%
ALKS	C	0.31%
ORA	C	0.3%
MAC	B	0.3%
S	C	0.3%
HRI	D	0.29%
AZEK	C	0.29%
AOS	D	0.28%
MSTR	D	0.27%
TNET	F	0.27%
SMPL	D	0.26%
FIZZ	D	0.25%
OTTR	F	0.25%
AEIS	D	0.25%
LYFT	D	0.24%
INFA	D	0.24%
EVH	C	0.23%
MARA	F	0.23%
AMR	F	0.21%
IRTC	F	0.2%
CFLT	F	0.19%
CNS	B	0.18%
BOX	C	0.18%
CCOI	C	0.18%
ALLE	B	0.17%
KRG	B	0.17%
REG	C	0.17%
DOC	C	0.16%
WDFC	C	0.16%
RHP	C	0.15%
TECH	C	0.15%
AES	C	0.15%
WSC	D	0.15%
DOCU	C	0.15%
JKHY	B	0.15%
FELE	C	0.14%
IPAR	F	0.14%
TENB	F	0.13%
NCNO	D	0.13%
PCOR	F	0.12%

FNY Underweight 139 Positions Relative to MDYG

Symbol	Grade	Weight
CSL	B	-1.36%
LII	B	-1.32%
MANH	B	-1.13%
RS	D	-1.11%
RBA	B	-1.09%
WSO	C	-1.06%
PSTG	F	-1.04%
OC	D	-1.0%
GGG	C	-0.98%
NBIX	F	-0.86%
FND	C	-0.85%
DT	C	-0.85%
NVT	D	-0.76%
BURL	B	-0.74%
LECO	F	-0.71%
OVV	F	-0.67%
BMRN	F	-0.63%
ELS	C	-0.63%
SKX	D	-0.62%
RPM	B	-0.59%
CHRD	F	-0.58%
HLI	B	-0.56%
AMH	C	-0.55%
CROX	D	-0.54%
ERIE	B	-0.53%
AVTR	B	-0.53%
RNR	C	-0.52%
CR	C	-0.52%
UFPI	C	-0.52%
RGEN	F	-0.51%
ACHC	C	-0.51%
TREX	D	-0.5%
PEN	D	-0.5%
PCTY	C	-0.49%
RRC	D	-0.49%
SWN	D	-0.48%
DKS	D	-0.47%
UTHR	C	-0.47%
EQH	C	-0.45%
LSCC	D	-0.43%
ACM	B	-0.43%
SCI	B	-0.42%
DBX	D	-0.42%
EWBC	D	-0.42%
GLPI	C	-0.42%
EVR	A	-0.41%
MTDR	F	-0.4%
VVV	D	-0.37%
FIVE	D	-0.37%
CCK	A	-0.36%
GTLS	F	-0.34%
QLYS	F	-0.33%
DTM	B	-0.33%
WTRG	D	-0.33%
MTN	D	-0.32%
RMBS	F	-0.31%
LSTR	D	-0.31%
WLK	D	-0.31%
EHC	C	-0.3%
REXR	C	-0.3%
LFUS	C	-0.3%
CRUS	D	-0.29%
BYD	C	-0.29%
ALV	F	-0.29%
CG	D	-0.29%
WH	B	-0.29%
CNX	B	-0.29%
TTC	D	-0.29%
CACI	B	-0.28%
MMS	C	-0.28%
AYI	B	-0.28%
LPX	B	-0.28%
GXO	D	-0.27%
BRKR	D	-0.27%
KBR	D	-0.27%
STAG	C	-0.26%
CHX	F	-0.26%
SLAB	D	-0.25%
NOVT	D	-0.25%
MIDD	D	-0.25%
FR	B	-0.25%
VAL	F	-0.24%
BC	C	-0.23%
COTY	F	-0.23%
CIEN	C	-0.23%
SEIC	C	-0.23%
MASI	F	-0.22%
KBH	A	-0.22%
PK	D	-0.21%
PNFP	B	-0.21%
CBSH	C	-0.21%
VOYA	B	-0.21%
SIGI	D	-0.21%
MAT	C	-0.2%
JAZZ	D	-0.2%
CYTK	F	-0.2%
KEX	C	-0.2%
CGNX	F	-0.2%
ARWR	F	-0.19%
TDC	F	-0.19%
FLS	D	-0.19%
MTG	B	-0.18%
DOCS	B	-0.17%
DLB	D	-0.17%
SAIC	C	-0.17%
RH	B	-0.16%
HWC	D	-0.16%
OZK	D	-0.16%
OLN	D	-0.15%
TNL	D	-0.15%
MUR	F	-0.15%
CPRI	D	-0.15%
TEX	F	-0.14%
MSM	D	-0.14%
TKR	D	-0.14%
IDA	C	-0.14%
SLM	D	-0.13%
FFIN	B	-0.13%
RYN	C	-0.12%
AZTA	F	-0.12%
POWI	F	-0.12%
ENS	D	-0.12%
LANC	D	-0.12%
HGV	F	-0.11%
NSP	F	-0.11%
NSA	B	-0.11%
IRDM	D	-0.11%
CAR	F	-0.1%
IBOC	D	-0.1%
AMED	C	-0.09%
COLM	C	-0.09%
SMG	C	-0.08%
VC	F	-0.08%
SYNA	F	-0.08%
LIVN	D	-0.07%
ZI	D	-0.07%
IPGP	F	-0.06%
MP	D	-0.05%
WOLF	F	-0.04%