FTA vs. FBCV ETF Comparison

Comparison of First Trust Large Cap Value AlphaDEX Fund (based onthe Defined Large Cap Value Index (FTA) to Fidelity Blue Chip Value ETF (FBCV)

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

$79.23

Average Daily Volume

34,098

Number of Holdings ^*

186

* may have additional holdings in another (foreign) market

FBCV

Fidelity Blue Chip Value ETF

FBCV Description

The investment seeks long-term growth of capital. Normally the fund invests at least 80% of assets in blue chip companies (companies that, in Fidelity Management & Research Company LLC's (FMR) view, are well-known, well-established and well-capitalized), which generally have large or medium market capitalizations. It invests in companies that manager believes are undervalued in the marketplace in relation to factors such as assets, sales, earnings, growth potential, or cash flow, or in relation to securities of other companies in the same industry (stocks of these companies are often called "value" stocks). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$32.62

Average Daily Volume

15,604

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FTA	FBCV
30 Days	2.00%	1.84%
60 Days	2.85%	5.38%
90 Days	6.48%	8.05%
12 Months	18.74%	16.24%

36 Overlapping Holdings

Symbol	Grade	Weight in FTA	Weight in FBCV	Overlap
BAC	D	0.49%	2.94%	0.49%
BLK	A	0.19%	1.98%	0.19%
BRK.A	C	0.96%	2.72%	0.96%
CB	B	0.78%	1.74%	0.78%
CF	B	0.91%	0.92%	0.91%
CI	C	0.18%	2.89%	0.18%
CMCSA	D	0.87%	2.87%	0.87%
CMI	C	0.18%	0.33%	0.18%
CNC	C	0.78%	2.27%	0.78%
CSCO	B	0.36%	2.05%	0.36%
CTSH	C	0.78%	1.37%	0.78%
CVS	D	0.84%	1.27%	0.84%
DE	B	0.52%	1.72%	0.52%
EIX	C	0.6%	1.38%	0.6%
ELV	C	0.17%	1.44%	0.17%
FDX	C	0.48%	1.04%	0.48%
JCI	B	0.18%	0.68%	0.18%
JNJ	B	0.39%	1.7%	0.39%
KDP	A	0.38%	1.13%	0.38%
KVUE	B	0.21%	1.6%	0.21%
LHX	D	0.17%	0.63%	0.17%
LMT	C	0.42%	1.14%	0.42%
LOW	B	0.4%	0.95%	0.4%
MDLZ	B	0.19%	0.71%	0.19%
MTB	B	0.76%	0.96%	0.76%
NEE	B	0.41%	0.62%	0.41%
OXY	F	0.7%	0.7%	0.7%
PCG	C	0.78%	2.34%	0.78%
PNC	B	0.4%	1.35%	0.4%
SRE	B	0.54%	0.69%	0.54%
TEL	D	0.49%	0.2%	0.2%
TRV	B	0.4%	2.7%	0.4%
TSN	C	0.18%	0.72%	0.18%
USB	B	0.56%	0.89%	0.56%
WFC	D	0.6%	2.27%	0.6%
XOM	D	0.67%	4.59%	0.67%

FTA Overweight 150 Positions Relative to FBCV

Symbol	Grade	Weight
DHI	B	1.16%
LEN	B	1.05%
EXC	B	1.0%
ETR	A	1.0%
CINF	B	0.99%
T	B	0.98%
GPN	D	0.98%
FOXA	B	0.98%
ACGL	B	0.95%
UAL	B	0.88%
ADM	D	0.86%
GM	B	0.86%
EG	B	0.86%
MKL	C	0.85%
SYF	C	0.85%
XEL	A	0.83%
EBAY	B	0.82%
APTV	D	0.82%
MPC	D	0.81%
AEP	B	0.81%
EOG	D	0.81%
AEE	B	0.81%
ATO	B	0.8%
ED	C	0.8%
HIG	A	0.79%
UHAL	B	0.78%
COP	D	0.78%
BG	D	0.78%
VTRS	C	0.77%
EQT	D	0.77%
CE	D	0.77%
NUE	F	0.77%
CVX	D	0.77%
PSX	D	0.77%
CAG	B	0.77%
KHC	C	0.76%
CFG	D	0.76%
HBAN	B	0.75%
SJM	C	0.75%
SNA	B	0.74%
VZ	B	0.74%
FANG	D	0.74%
STLD	D	0.74%
CTRA	F	0.74%
VLO	D	0.74%
IPG	C	0.73%
KMI	A	0.73%
DVN	F	0.73%
F	D	0.73%
L	B	0.72%
WBD	D	0.71%
LNG	D	0.7%
COF	C	0.69%
HPE	D	0.69%
LYB	F	0.68%
AIG	D	0.68%
RS	D	0.67%
LKQ	D	0.66%
OC	C	0.65%
TROW	D	0.63%
BEN	F	0.61%
AFL	B	0.61%
WEC	B	0.61%
DUK	C	0.59%
BBY	B	0.59%
CMS	A	0.59%
D	C	0.59%
HAL	F	0.58%
FE	C	0.58%
GIS	B	0.58%
EQR	B	0.57%
STT	A	0.57%
DTE	B	0.57%
ZM	C	0.57%
FITB	B	0.57%
WPC	B	0.57%
DGX	B	0.57%
CHTR	D	0.57%
TDY	C	0.56%
KR	B	0.56%
RF	B	0.55%
INCY	C	0.53%
JBHT	D	0.53%
LUV	C	0.51%
TXT	D	0.51%
ZBH	F	0.49%
SWKS	F	0.48%
CRBG	D	0.48%
BKR	D	0.48%
JBL	D	0.48%
C	D	0.46%
CNP	C	0.45%
FNF	A	0.42%
PYPL	B	0.42%
KIM	B	0.42%
HCA	B	0.42%
SSNC	B	0.41%
MOH	C	0.41%
PKG	B	0.4%
MDT	C	0.4%
PEG	B	0.39%
KEY	B	0.39%
APD	B	0.38%
OMC	A	0.38%
CPB	B	0.38%
WRB	C	0.38%
WY	C	0.38%
OKE	B	0.38%
EPAM	D	0.37%
HSY	C	0.37%
DOV	B	0.36%
HRL	C	0.36%
ARE	B	0.36%
GS	D	0.36%
PPG	C	0.35%
TGT	C	0.35%
GPC	D	0.34%
MS	D	0.34%
UPS	D	0.33%
HPQ	D	0.33%
DOW	D	0.33%
INTC	F	0.32%
K	A	0.23%
CBRE	A	0.22%
VTR	C	0.21%
MKC	B	0.2%
WMT	B	0.2%
REGN	C	0.19%
ABT	C	0.19%
POOL	C	0.19%
AWK	A	0.19%
TRGP	B	0.19%
MAA	B	0.19%
NKE	D	0.18%
SYY	D	0.18%
PRU	C	0.17%
DD	B	0.17%
J	D	0.17%
PFG	B	0.17%
KMB	D	0.17%
CTVA	B	0.17%
TSCO	C	0.17%
GD	B	0.17%
RJF	C	0.16%
WLK	D	0.16%
EXPD	B	0.16%
HUM	F	0.15%
QCOM	D	0.14%
BIIB	F	0.14%
DG	F	0.11%

FTA Underweight 45 Positions Relative to FBCV

Symbol	Grade	Weight
JPM	D	-4.05%
UNH	C	-2.87%
DIS	D	-2.28%
AZN	D	-1.93%
HRB	C	-1.83%
BMY	C	-1.62%
KO	B	-1.33%
NOC	B	-1.32%
WTW	B	-1.22%
DOX	C	-1.17%
PG	C	-1.12%
SNY	C	-1.08%
PNR	B	-1.02%
ROST	C	-0.95%
USFD	B	-0.92%
HLN	B	-0.88%
NTRS	B	-0.88%
APO	C	-0.8%
RRX	C	-0.79%
NGG	A	-0.77%
CCI	B	-0.74%
CCEP	B	-0.72%
EQNR	D	-0.72%
CCK	A	-0.7%
BJ	D	-0.69%
MMS	D	-0.61%
OVV	D	-0.6%
AR	D	-0.58%
DEO	C	-0.57%
MU	F	-0.55%
AES	C	-0.51%
MUSA	C	-0.42%
SPG	B	-0.42%
G	C	-0.39%
SO	B	-0.37%
BA	F	-0.29%
OTEX	D	-0.28%
TPR	C	-0.27%
GEV	B	-0.26%
CFR	C	-0.23%
AVGO	C	-0.18%
OSK	D	-0.18%
NXPI	D	-0.17%
CHRW	B	-0.15%
ALSN	B	-0.12%