FTA vs. FCFY ETF Comparison

Comparison of First Trust Large Cap Value AlphaDEX Fund (based onthe Defined Large Cap Value Index (FTA) to First Trust S&P 500 Diversified Free Cash Flow ETF (FCFY)

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

$80.74

Average Daily Volume

38,333

Number of Holdings ^*

186

* may have additional holdings in another (foreign) market

FCFY

First Trust S&P 500 Diversified Free Cash Flow ETF

FCFY Description

Under normal conditions, the fund will invest at least 80% of its net assets in the securities that comprise the index. The index measures the performance of companies within the S&P 500® Index that have the highest relative FCF Yield within each GICS® sector represented in the S&P 500® Index. It is non-diversified.

Grade (RS Rating)

Last Trade

$24.58

Average Daily Volume

280

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	FTA	FCFY
30 Days	0.55%	-0.88%
60 Days	3.18%	1.20%
90 Days	5.74%	3.68%
12 Months	23.93%	23.30%

48 Overlapping Holdings

Symbol	Grade	Weight in FTA	Weight in FCFY	Overlap
ADM	D	0.77%	0.85%	0.77%
AKAM	F	0.45%	1.39%	0.45%
APTV	F	0.66%	0.59%	0.59%
ARE	F	0.32%	0.35%	0.32%
BBY	D	0.45%	0.71%	0.45%
BG	D	0.8%	0.63%	0.63%
BIIB	F	0.44%	0.55%	0.44%
BLDR	D	0.48%	0.6%	0.48%
CAG	F	0.14%	0.63%	0.14%
CE	F	0.48%	0.17%	0.17%
CFG	B	0.8%	0.71%	0.71%
CI	D	0.16%	0.84%	0.16%
CNC	F	0.55%	0.65%	0.55%
COF	B	0.86%	1.65%	0.86%
CSCO	B	0.38%	1.66%	0.38%
DOC	D	0.33%	0.25%	0.25%
DVN	F	0.88%	0.59%	0.59%
EG	D	0.82%	0.76%	0.76%
EXPD	D	0.16%	0.43%	0.16%
FTV	D	0.16%	0.45%	0.16%
GIS	F	0.31%	0.48%	0.31%
HAL	C	0.91%	0.46%	0.46%
HBAN	B	0.84%	0.57%	0.57%
HOLX	D	0.16%	0.71%	0.16%
HPE	B	0.92%	2.76%	0.92%
HPQ	B	0.36%	2.87%	0.36%
J	D	0.18%	0.54%	0.18%
JNJ	D	0.33%	0.64%	0.33%
LEN	D	0.79%	1.3%	0.79%
LMT	D	0.16%	0.45%	0.16%
LYB	F	0.76%	0.38%	0.38%
MAS	D	0.16%	0.5%	0.16%
MPC	D	0.85%	0.66%	0.66%
NUE	D	0.85%	0.62%	0.62%
PCAR	C	1.02%	0.6%	0.6%
PPG	F	0.33%	0.26%	0.26%
PRU	B	0.36%	0.79%	0.36%
SNA	B	0.63%	1.01%	0.63%
STLD	B	0.96%	0.31%	0.31%
SWKS	F	0.6%	2.98%	0.6%
SYF	B	1.14%	2.37%	1.14%
T	A	0.89%	1.8%	0.89%
TGT	B	0.5%	0.64%	0.5%
TXT	D	0.5%	0.45%	0.45%
VLO	C	0.91%	0.85%	0.85%
VTRS	A	0.76%	0.94%	0.76%
WEC	A	0.35%	0.27%	0.27%
WFC	A	0.9%	0.83%	0.83%

FTA Overweight 138 Positions Relative to FCFY

Symbol	Grade	Weight
UAL	A	1.4%
GM	B	1.13%
DAL	A	1.12%
FOXA	B	0.98%
EOG	A	0.97%
TROW	B	0.97%
CVX	A	0.96%
CINF	A	0.96%
RS	B	0.94%
COP	B	0.94%
CTRA	B	0.93%
F	C	0.92%
AIG	C	0.91%
CMCSA	B	0.91%
XOM	B	0.9%
PSX	C	0.87%
TOL	B	0.87%
OXY	F	0.86%
KMI	A	0.85%
EQT	A	0.82%
LNG	A	0.82%
PHM	D	0.79%
OC	A	0.78%
ETR	A	0.78%
CVS	F	0.77%
SRE	A	0.76%
C	B	0.76%
INTC	C	0.75%
FDX	B	0.75%
CRBG	B	0.74%
L	A	0.74%
XEL	A	0.74%
FANG	D	0.74%
SLB	C	0.73%
ATO	A	0.73%
CTSH	C	0.73%
CNP	A	0.72%
AEE	A	0.72%
KR	B	0.72%
ZBH	C	0.71%
ALLY	C	0.71%
CB	C	0.7%
CF	A	0.7%
HIG	B	0.69%
EXC	C	0.66%
ON	F	0.65%
MS	A	0.65%
VZ	C	0.64%
DG	F	0.64%
ED	C	0.64%
CHTR	B	0.62%
BKR	B	0.61%
MTB	A	0.61%
IP	A	0.6%
DHI	D	0.6%
BAC	A	0.59%
RF	A	0.58%
FITB	B	0.57%
TDY	B	0.56%
LUV	B	0.56%
TRV	A	0.56%
USB	B	0.56%
STT	B	0.55%
NI	A	0.53%
DGX	A	0.52%
PPL	A	0.51%
D	C	0.5%
LNT	A	0.5%
AFL	C	0.5%
EQR	C	0.5%
ULTA	F	0.5%
EBAY	D	0.49%
HRL	D	0.49%
DUK	C	0.49%
SYY	D	0.49%
DTE	C	0.48%
DE	C	0.48%
AEP	C	0.47%
STX	D	0.46%
RJF	A	0.46%
KHC	F	0.46%
OKE	A	0.42%
ZM	B	0.42%
DOW	F	0.42%
DIS	B	0.4%
KEY	B	0.4%
PNC	B	0.39%
JBHT	C	0.38%
TSN	B	0.38%
NWSA	B	0.38%
PKG	B	0.38%
RGA	B	0.37%
KIM	A	0.37%
DRI	C	0.36%
CSX	C	0.36%
SSNC	C	0.35%
CMS	C	0.34%
FNF	A	0.34%
NVR	D	0.33%
CARR	D	0.33%
HSY	F	0.33%
EIX	C	0.33%
FE	C	0.32%
GPC	F	0.31%
MOH	F	0.31%
KDP	D	0.31%
HUM	D	0.31%
WLK	F	0.3%
ELV	F	0.27%
PYPL	B	0.19%
CMI	A	0.19%
ODFL	B	0.19%
ACN	C	0.18%
LHX	B	0.18%
WRB	B	0.18%
APD	A	0.18%
LH	B	0.18%
IEX	B	0.18%
KEYS	C	0.17%
GD	D	0.17%
PEP	F	0.17%
UPS	C	0.17%
NDSN	D	0.17%
CTVA	C	0.17%
MAA	A	0.17%
LOW	C	0.17%
HD	A	0.17%
PFG	C	0.17%
OMC	C	0.17%
CLX	A	0.17%
SBUX	A	0.17%
CPB	D	0.16%
WY	D	0.16%
DD	D	0.16%
MDT	D	0.16%
NKE	F	0.15%
MDLZ	F	0.15%
AWK	C	0.15%

FTA Underweight 53 Positions Relative to FCFY

Symbol	Grade	Weight
WBD	B	-3.78%
GEN	B	-3.1%
EPAM	C	-2.39%
JBL	C	-2.37%
QCOM	F	-2.18%
FFIV	B	-2.08%
NTAP	C	-1.81%
EXPE	B	-1.77%
MTCH	F	-1.7%
CAH	B	-1.66%
IPG	F	-1.64%
QRVO	F	-1.57%
IBM	C	-1.49%
NRG	B	-1.48%
TPR	B	-1.46%
COR	B	-1.25%
BMY	A	-1.23%
DFS	B	-1.18%
SOLV	F	-1.11%
RL	C	-1.05%
FIS	C	-1.01%
NTRS	A	-0.93%
MO	A	-0.91%
TAP	B	-0.9%
MET	A	-0.87%
ABNB	D	-0.85%
GILD	C	-0.82%
MCK	A	-0.78%
IVZ	C	-0.77%
BWA	D	-0.76%
HAS	D	-0.72%
TFC	A	-0.71%
MHK	D	-0.67%
LDOS	C	-0.66%
DVA	C	-0.61%
MRO	A	-0.58%
MMM	D	-0.58%
GNRC	B	-0.56%
BEN	C	-0.52%
KMB	C	-0.52%
WAB	B	-0.5%
AME	A	-0.49%
CAT	C	-0.47%
VST	A	-0.47%
ACGL	D	-0.44%
SPG	A	-0.39%
SWK	F	-0.39%
SW	A	-0.37%
BXP	D	-0.37%
NEE	C	-0.37%
HST	D	-0.35%
VICI	C	-0.31%
O	C	-0.25%