FPX vs. IAK ETF Comparison

Comparison of First Trust IPOX-100 Index Fund (FPX) to iShares U.S. Insurance ETF (IAK)

FPX

First Trust IPOX-100 Index Fund

FPX 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 IPOX(R)-100 U.S. Index. The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is a modified, value-weighted price index measuring the performance of the top U.S. companies ranked quarterly by market capitalization in the IPOX(R) Global Composite Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$127.34

Average Daily Volume

15,366

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IAK

iShares U.S. Insurance ETF

IAK Description

The investment seeks to track the investment results of an index composed of U.S. equities in the insurance sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Select Insurance Index (the "underlying index"), which measures the performance of the insurance sector of the U.S. equity market. The underlying index may include large-, mid- or small-capitalization companies, and components primarily include financial and insurance companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$135.76

Average Daily Volume

63,391

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FPX	IAK
30 Days	11.39%	2.97%
60 Days	14.14%	4.45%
90 Days	21.68%	8.45%
12 Months	44.98%	38.87%

2 Overlapping Holdings

	Symbol	Grade	Weight in FPX	Weight in IAK	Overlap
	FNF	B	0.83%	1.82%	0.83%
	OSCR	D	0.45%	0.36%	0.36%

FPX Overweight 82 Positions Relative to IAK

Symbol	Grade	Weight
IOT	A	6.76%
CARR	C	6.73%
PLTR	B	6.59%
APP	B	5.68%
REGN	F	4.46%
DASH	B	4.27%
GEV	B	3.56%
CEG	C	3.51%
KVUE	A	3.15%
CRWD	B	2.52%
DUOL	A	2.51%
RBLX	C	2.04%
ABNB	C	1.69%
TPG	A	1.64%
VRT	B	1.54%
DTM	A	1.54%
HOOD	B	1.42%
COIN	C	1.38%
PCVX	D	1.22%
CR	A	1.19%
DKNG	B	1.19%
VLTO	C	1.01%
OWL	A	0.99%
VERX	A	0.92%
RKT	F	0.92%
RYAN	A	0.92%
HQY	A	0.91%
CRBG	B	0.9%
TOST	B	0.9%
JXN	C	0.9%
RDDT	A	0.87%
SNOW	B	0.86%
KNF	B	0.85%
ESAB	C	0.76%
NRG	B	0.75%
GEHC	D	0.75%
UTHR	C	0.68%
AZEK	A	0.67%
THC	D	0.62%
COHR	B	0.61%
NSIT	F	0.59%
DOCS	C	0.58%
COOP	B	0.56%
KNTK	A	0.54%
GKOS	B	0.53%
NUVL	C	0.47%
SOLV	D	0.47%
CNX	A	0.46%
ACT	C	0.42%
PSN	D	0.42%
ACLX	C	0.41%
NPAB	F	0.37%
FOUR	A	0.35%
PRCT	B	0.35%
RVMD	C	0.34%
SLVM	B	0.34%
LNW	F	0.33%
RBRK	A	0.32%
STEP	C	0.31%
BROS	A	0.29%
BSY	F	0.29%
CRDO	B	0.28%
PECO	A	0.28%
SGBX	F	0.27%
ROIV	C	0.27%
KYMR	D	0.24%
RNA	C	0.23%
TMDX	F	0.23%
ITRI	C	0.21%
KRYS	C	0.2%
LTH	C	0.19%
KROS	D	0.18%
PHIN	A	0.18%
INTA	B	0.17%
OGN	F	0.16%
ZETA	D	0.16%
GRND	A	0.15%
VRRM	F	0.15%
RXST	F	0.14%
ACVA	B	0.13%
DYN	F	0.12%
FA	C	0.1%

FPX Underweight 50 Positions Relative to IAK

Symbol	Grade	Weight
PGR	A	-16.35%
CB	C	-11.69%
TRV	B	-6.34%
AFL	B	-6.0%
MET	A	-4.7%
PRU	A	-4.66%
ALL	A	-4.52%
AIG	B	-4.47%
HIG	B	-4.02%
ACGL	C	-3.88%
CINF	A	-2.76%
MKL	A	-2.61%
PFG	D	-2.17%
WRB	A	-2.12%
L	A	-1.78%
UNM	A	-1.42%
AIZ	A	-1.32%
KNSL	B	-1.24%
AFG	A	-1.21%
ERIE	D	-1.2%
PRI	B	-1.19%
GL	C	-1.16%
ORI	A	-1.05%
RLI	A	-0.87%
FAF	A	-0.79%
AXS	A	-0.78%
SIGI	C	-0.72%
THG	A	-0.7%
LNC	C	-0.6%
WTM	A	-0.58%
AGO	B	-0.54%
KMPR	A	-0.51%
CNO	B	-0.49%
BHF	C	-0.37%
GNW	A	-0.35%
PLMR	A	-0.33%
STC	B	-0.24%
MCY	A	-0.24%
TRUP	B	-0.21%
LMND	B	-0.21%
HMN	B	-0.2%
SKWD	A	-0.2%
EIG	B	-0.16%
SAFT	B	-0.16%
CNA	C	-0.14%
AMSF	B	-0.14%
PRA	C	-0.1%
AMBC	C	-0.08%
UFCS	A	-0.06%
JRVR	F	-0.03%