FTA vs. DVY ETF Comparison

Comparison of First Trust Large Cap Value AlphaDEX Fund (based onthe Defined Large Cap Value Index (FTA) to iShares Select Dividend ETF (DVY)

FTA

First Trust Large Cap Value AlphaDEX Fund (based onthe Defined Large Cap Value Index

FTA 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 Large Cap Value 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 500(R) Value 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

$82.72

Average Daily Volume

39,082

Number of Holdings ^*

186

* may have additional holdings in another (foreign) market

DVY

iShares Select Dividend ETF

DVY Description

The investment seeks to track the investment results of an index composed of relatively high dividend paying U.S. equities. 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 Dividend Index (the "underlying index"), which measures the performance of a selected group of equity securities issued by companies that have provided relatively high dividend yields on a consistent basis over time.

Grade (RS Rating)

Last Trade

$142.08

Average Daily Volume

343,986

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FTA	DVY
30 Days	4.88%	4.91%
60 Days	5.23%	5.88%
90 Days	6.80%	8.67%
12 Months	26.69%	33.72%

44 Overlapping Holdings

Symbol	Grade	Weight in FTA	Weight in DVY	Overlap
AEP	D	0.47%	1.21%	0.47%
BBY	D	0.45%	1.41%	0.45%
CAG	D	0.14%	1.18%	0.14%
CFG	B	0.8%	1.96%	0.8%
CINF	A	0.96%	0.94%	0.94%
CMS	C	0.34%	1.04%	0.34%
CNP	B	0.72%	0.78%	0.72%
CVX	A	0.96%	1.08%	0.96%
D	C	0.5%	1.68%	0.5%
DTE	C	0.48%	1.02%	0.48%
EIX	B	0.33%	1.41%	0.33%
ETR	B	0.78%	1.62%	0.78%
EXC	C	0.66%	1.09%	0.66%
F	C	0.92%	1.06%	0.92%
FE	C	0.32%	1.2%	0.32%
FITB	A	0.57%	1.4%	0.57%
FNF	B	0.34%	1.09%	0.34%
GIS	D	0.31%	0.88%	0.31%
GPC	D	0.31%	0.55%	0.31%
HBAN	A	0.84%	1.6%	0.84%
HPQ	B	0.36%	1.19%	0.36%
IP	B	0.6%	2.08%	0.6%
KEY	B	0.4%	1.89%	0.4%
LMT	D	0.16%	0.89%	0.16%
LNT	A	0.5%	1.23%	0.5%
LYB	F	0.76%	1.04%	0.76%
NI	A	0.53%	1.4%	0.53%
OKE	A	0.42%	1.97%	0.42%
OMC	C	0.17%	0.85%	0.17%
PFG	D	0.17%	0.9%	0.17%
PKG	A	0.38%	0.96%	0.38%
PPL	B	0.51%	1.2%	0.51%
PRU	A	0.36%	1.39%	0.36%
RF	A	0.58%	1.79%	0.58%
SRE	A	0.76%	1.07%	0.76%
STX	D	0.46%	0.82%	0.46%
T	A	0.89%	2.12%	0.89%
TROW	B	0.97%	1.17%	0.97%
USB	A	0.56%	1.39%	0.56%
VLO	C	0.91%	0.75%	0.75%
VZ	C	0.64%	1.65%	0.64%
WEC	A	0.35%	1.32%	0.35%
XEL	A	0.74%	1.03%	0.74%
XOM	B	0.9%	1.01%	0.9%

FTA Overweight 142 Positions Relative to DVY

Symbol	Grade	Weight
UAL	A	1.4%
SYF	B	1.14%
GM	B	1.13%
DAL	C	1.12%
PCAR	B	1.02%
FOXA	B	0.98%
EOG	A	0.97%
STLD	B	0.96%
RS	B	0.94%
COP	C	0.94%
CTRA	B	0.93%
HPE	B	0.92%
AIG	B	0.91%
HAL	C	0.91%
CMCSA	B	0.91%
WFC	A	0.9%
DVN	F	0.88%
PSX	C	0.87%
TOL	B	0.87%
COF	B	0.86%
OXY	D	0.86%
KMI	A	0.85%
MPC	D	0.85%
NUE	C	0.85%
EG	C	0.82%
EQT	B	0.82%
LNG	B	0.82%
BG	F	0.8%
PHM	D	0.79%
LEN	D	0.79%
OC	A	0.78%
CVS	D	0.77%
ADM	D	0.77%
VTRS	A	0.76%
C	A	0.76%
INTC	D	0.75%
FDX	B	0.75%
CRBG	B	0.74%
L	A	0.74%
FANG	D	0.74%
SLB	C	0.73%
ATO	A	0.73%
CTSH	B	0.73%
AEE	A	0.72%
KR	B	0.72%
ZBH	C	0.71%
ALLY	C	0.71%
CB	C	0.7%
CF	B	0.7%
HIG	B	0.69%
APTV	D	0.66%
ON	D	0.65%
MS	A	0.65%
DG	F	0.64%
ED	D	0.64%
SNA	A	0.63%
CHTR	C	0.62%
BKR	B	0.61%
MTB	A	0.61%
SWKS	F	0.6%
DHI	D	0.6%
BAC	A	0.59%
TDY	B	0.56%
LUV	C	0.56%
TRV	B	0.56%
STT	A	0.55%
CNC	D	0.55%
DGX	A	0.52%
TXT	D	0.5%
AFL	B	0.5%
EQR	B	0.5%
ULTA	F	0.5%
TGT	F	0.5%
EBAY	D	0.49%
HRL	D	0.49%
DUK	C	0.49%
SYY	B	0.49%
CE	F	0.48%
BLDR	D	0.48%
DE	A	0.48%
RJF	A	0.46%
KHC	F	0.46%
AKAM	D	0.45%
BIIB	F	0.44%
ZM	B	0.42%
DOW	F	0.42%
DIS	B	0.4%
PNC	B	0.39%
JBHT	C	0.38%
TSN	B	0.38%
CSCO	B	0.38%
NWSA	B	0.38%
RGA	A	0.37%
KIM	A	0.37%
DRI	B	0.36%
CSX	B	0.36%
SSNC	B	0.35%
NVR	D	0.33%
DOC	D	0.33%
CARR	D	0.33%
PPG	F	0.33%
HSY	F	0.33%
JNJ	D	0.33%
ARE	D	0.32%
MOH	F	0.31%
KDP	D	0.31%
HUM	C	0.31%
WLK	D	0.3%
ELV	F	0.27%
PYPL	B	0.19%
CMI	A	0.19%
ODFL	B	0.19%
ACN	C	0.18%
LHX	C	0.18%
WRB	A	0.18%
APD	A	0.18%
LH	C	0.18%
IEX	B	0.18%
J	F	0.18%
KEYS	A	0.17%
GD	F	0.17%
PEP	F	0.17%
UPS	C	0.17%
NDSN	B	0.17%
CTVA	C	0.17%
MAA	B	0.17%
LOW	D	0.17%
HD	A	0.17%
CLX	B	0.17%
SBUX	A	0.17%
CPB	D	0.16%
WY	D	0.16%
EXPD	D	0.16%
DD	D	0.16%
CI	F	0.16%
MAS	D	0.16%
HOLX	D	0.16%
MDT	D	0.16%
FTV	C	0.16%
NKE	D	0.15%
MDLZ	F	0.15%
AWK	D	0.15%

FTA Underweight 54 Positions Relative to DVY

Symbol	Grade	Weight
MO	A	-3.22%
PM	B	-2.0%
TFC	A	-1.87%
PEG	A	-1.38%
PFE	D	-1.35%
NRG	B	-1.28%
GILD	C	-1.27%
ES	D	-1.24%
NEE	D	-1.21%
FHN	A	-1.17%
KMB	D	-1.11%
PNW	B	-1.1%
UNM	A	-1.08%
ORI	A	-1.0%
CMA	A	-0.99%
NEM	D	-0.99%
IBM	C	-0.95%
OGE	B	-0.89%
GRMN	B	-0.88%
MET	A	-0.88%
IPG	D	-0.84%
IVZ	B	-0.83%
WSO	A	-0.82%
KO	D	-0.81%
HRB	D	-0.8%
SW	A	-0.77%
FMC	D	-0.72%
OMF	A	-0.69%
BEN	C	-0.64%
WHR	B	-0.64%
FNB	A	-0.63%
LAZ	B	-0.63%
UBSI	B	-0.62%
IDA	A	-0.62%
JHG	A	-0.61%
MCD	D	-0.55%
UGI	A	-0.52%
NJR	A	-0.5%
SON	D	-0.5%
VLY	B	-0.48%
BKH	A	-0.45%
MRK	F	-0.44%
WBA	F	-0.44%
SWX	B	-0.43%
MSM	C	-0.4%
WU	D	-0.4%
NWL	B	-0.37%
FHI	A	-0.37%
NWE	B	-0.36%
HUN	F	-0.32%
WEN	D	-0.31%
AVA	A	-0.3%
CC	C	-0.29%
KSS	F	-0.2%