FTA vs. FFLG ETF Comparison

Comparison of First Trust Large Cap Value AlphaDEX Fund (based onthe Defined Large Cap Value Index (FTA) to Fidelity Fundamental Large Cap Growth ETF (FFLG)

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

$80.94

Average Daily Volume

38,450

Number of Holdings ^*

186

* may have additional holdings in another (foreign) market

FFLG

Fidelity Fundamental Large Cap Growth ETF

FFLG Description

FFLG seeks to achieve long-term capital growth by investing in large-cap companies believed to have above-average growth potential. The adviser generally defines large-caps as companies with similar market capitalizations to Russell 1000 or S&P 500 companies. Growth is measured based on factors such as earnings or revenue. Stocks are selected using fundamental analysis of factors such as financial condition and industry position of each issuer, as well as market and economic conditions. The adviser then incorporates a quantitative portfolio construction process to emphasize securities in which the adviser has high conviction, subject to risk, liquidity, and trading characteristics. The fund invests in both US and non-US companies. Despite its large-cap focus, the fund's strategy can lead to investments in small- and mid-cap companies. Before February 26, 2024, the fund traded as Fidelity Growth Opportunities ETF under the ticker FGRO. The fund previously used a semitransparent ETF structure

Grade (RS Rating)

Last Trade

$25.23

Average Daily Volume

28,822

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FTA	FFLG
30 Days	1.82%	3.15%
60 Days	4.97%	8.22%
90 Days	6.72%	8.41%
12 Months	24.57%	43.06%

7 Overlapping Holdings

Symbol	Grade	Weight in FTA	Weight in FFLG	Overlap
BLDR	C	0.47%	0.57%	0.47%
HOLX	D	0.17%	0.12%	0.12%
KDP	C	0.31%	0.55%	0.31%
LOW	B	0.17%	1.57%	0.17%
ON	F	0.7%	0.76%	0.7%
TGT	C	0.5%	0.07%	0.07%
XOM	B	0.91%	0.53%	0.53%

FTA Overweight 179 Positions Relative to FFLG

Symbol	Grade	Weight
UAL	A	1.31%
SYF	B	1.14%
GM	B	1.08%
DAL	A	1.04%
STLD	C	1.03%
PCAR	B	1.0%
TROW	A	0.97%
RS	C	0.97%
CINF	A	0.95%
COP	C	0.94%
NUE	D	0.94%
FOXA	A	0.93%
CMCSA	B	0.93%
CVX	A	0.93%
AIG	B	0.92%
HPE	B	0.92%
F	C	0.91%
CTRA	B	0.9%
EOG	A	0.9%
VLO	C	0.89%
HAL	C	0.89%
T	A	0.88%
COF	B	0.87%
WFC	A	0.87%
OXY	F	0.87%
DVN	F	0.87%
TOL	B	0.87%
PSX	C	0.85%
KMI	B	0.84%
MPC	D	0.83%
HBAN	A	0.83%
EG	D	0.81%
CVS	F	0.8%
VTRS	B	0.8%
LYB	F	0.8%
PHM	D	0.8%
LEN	D	0.8%
INTC	C	0.79%
CFG	B	0.79%
BG	D	0.79%
LNG	B	0.79%
ETR	B	0.78%
EQT	B	0.78%
CRBG	C	0.77%
ADM	F	0.77%
C	B	0.76%
OC	A	0.75%
ALLY	C	0.75%
SRE	B	0.75%
FANG	C	0.74%
CTSH	A	0.74%
FDX	B	0.73%
KR	A	0.73%
L	A	0.73%
ATO	B	0.72%
SLB	C	0.72%
ZBH	C	0.71%
XEL	A	0.71%
AEE	B	0.7%
CNP	B	0.7%
HIG	C	0.69%
CF	B	0.69%
CB	C	0.68%
APTV	F	0.68%
ED	D	0.66%
EXC	C	0.66%
SWKS	F	0.65%
DG	F	0.65%
SNA	A	0.63%
MS	A	0.63%
VZ	D	0.63%
DHI	D	0.62%
CHTR	B	0.62%
BKR	B	0.61%
IP	B	0.61%
MTB	A	0.6%
BAC	A	0.58%
CE	F	0.58%
CNC	F	0.58%
USB	B	0.56%
RF	A	0.56%
TDY	B	0.56%
FITB	A	0.55%
STT	B	0.55%
TRV	B	0.55%
LUV	B	0.54%
AKAM	F	0.53%
DGX	B	0.52%
NI	A	0.52%
ULTA	C	0.52%
SYY	D	0.51%
DE	D	0.51%
TXT	D	0.51%
PPL	A	0.5%
D	D	0.5%
EBAY	C	0.49%
HRL	F	0.49%
STX	D	0.49%
AFL	C	0.49%
DUK	D	0.49%
EQR	C	0.49%
LNT	C	0.48%
KHC	F	0.48%
AEP	D	0.48%
DTE	D	0.47%
DOW	F	0.46%
BIIB	F	0.46%
BBY	C	0.45%
RJF	A	0.45%
OKE	A	0.4%
KEY	B	0.4%
ZM	B	0.4%
PNC	B	0.39%
PKG	B	0.39%
CSCO	A	0.38%
JBHT	C	0.38%
NWSA	B	0.38%
HPQ	B	0.37%
KIM	A	0.37%
RGA	A	0.36%
PRU	B	0.36%
DRI	B	0.36%
DIS	B	0.36%
CSX	B	0.36%
TSN	B	0.35%
DOC	C	0.35%
WEC	B	0.35%
SSNC	C	0.35%
ARE	F	0.34%
JNJ	D	0.34%
MOH	F	0.34%
FE	D	0.33%
CARR	C	0.33%
EIX	C	0.33%
NVR	D	0.33%
CMS	D	0.33%
PPG	F	0.33%
FNF	C	0.33%
HSY	F	0.32%
WLK	F	0.32%
HUM	D	0.32%
GIS	F	0.31%
GPC	D	0.31%
ELV	F	0.29%
CMI	A	0.19%
J	D	0.19%
ODFL	B	0.19%
KEYS	C	0.18%
PYPL	A	0.18%
APD	B	0.18%
WRB	B	0.18%
IEX	B	0.18%
LH	B	0.18%
LHX	B	0.18%
DD	D	0.17%
MAA	C	0.17%
MDT	D	0.17%
UPS	C	0.17%
HD	B	0.17%
SBUX	B	0.17%
NDSN	B	0.17%
CTVA	C	0.17%
CLX	A	0.17%
PFG	C	0.17%
GD	C	0.17%
OMC	A	0.17%
ACN	B	0.17%
AWK	D	0.16%
EXPD	C	0.16%
CI	D	0.16%
CPB	F	0.16%
WY	F	0.16%
FTV	C	0.16%
LMT	D	0.16%
MAS	D	0.16%
PEP	D	0.16%
NKE	F	0.15%
CAG	F	0.15%
MDLZ	F	0.15%

FTA Underweight 84 Positions Relative to FFLG

Symbol	Grade	Weight
NVDA	A	-12.31%
AAPL	C	-12.07%
MSFT	C	-9.14%
AMZN	A	-7.12%
META	B	-5.34%
GOOG	C	-2.82%
GOOGL	C	-2.48%
UBER	F	-2.21%
NFLX	A	-2.02%
TSM	C	-1.96%
MA	B	-1.95%
BSX	A	-1.72%
LLY	F	-1.46%
NXPI	F	-1.37%
ASML	D	-1.3%
GE	D	-0.9%
TMUS	A	-0.88%
CDNS	B	-0.86%
MPWR	F	-0.85%
LULU	B	-0.8%
HUBS	B	-0.76%
CRM	B	-0.75%
MU	D	-0.73%
ALNY	D	-0.71%
MRVL	B	-0.7%
FLEX	B	-0.69%
DHR	F	-0.68%
MDB	C	-0.63%
TJX	A	-0.63%
UNH	B	-0.62%
REGN	F	-0.59%
BLD	F	-0.58%
CVNA	B	-0.57%
TMO	F	-0.57%
SHOP	B	-0.55%
ICE	C	-0.54%
ABNB	C	-0.52%
MNST	B	-0.52%
IR	A	-0.51%
HWM	B	-0.5%
WMT	A	-0.49%
CMG	B	-0.49%
RH	C	-0.48%
EME	B	-0.46%
COIN	B	-0.45%
GEV	B	-0.44%
SNAP	C	-0.44%
PODD	B	-0.42%
NTNX	B	-0.42%
CSGP	F	-0.39%
ROKU	C	-0.38%
FIX	B	-0.37%
BRKR	F	-0.36%
FSLR	F	-0.33%
DPZ	C	-0.33%
HQY	B	-0.33%
FLYW	B	-0.32%
VMC	B	-0.32%
SQ	B	-0.31%
AVGO	C	-0.3%
EXAS	F	-0.3%
NVO	F	-0.28%
ARGX	B	-0.27%
HOOD	B	-0.26%
PM	B	-0.24%
PCVX	D	-0.24%
TEVA	D	-0.24%
DKS	D	-0.23%
ITCI	B	-0.22%
TMDX	F	-0.21%
ATI	F	-0.19%
RRC	B	-0.19%
AZN	F	-0.18%
LYFT	B	-0.18%
IONS	F	-0.16%
NUVL	D	-0.16%
RIVN	F	-0.14%
MRNA	F	-0.13%
SE	B	-0.13%
RDDT	B	-0.12%
ROIV	D	-0.1%
IDYA	F	-0.09%
LEGN	F	-0.07%
W	F	-0.03%