FTA vs. FLQM ETF Comparison

Comparison of First Trust Large Cap Value AlphaDEX Fund (based onthe Defined Large Cap Value Index (FTA) to Franklin LibertyQ U.S. Mid Cap Equity ETF (FLQM)

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

$78.73

Average Daily Volume

33,412

Number of Holdings ^*

186

* may have additional holdings in another (foreign) market

FLQM

Franklin LibertyQ U.S. Mid Cap Equity ETF

FLQM Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the LibertyQ U.S. Mid Cap Equity Index (the U.S. Mid Cap underlying index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the U.S. Mid Cap underlying index. The U.S. Mid Cap underlying index is based on the Russell Midcap® Index using a methodology developed with Franklin Templeton to reflect Franklin Templeton's desired investment strategy.

Grade (RS Rating)

Last Trade

$54.86

Average Daily Volume

137,739

Number of Holdings ^*

197

* may have additional holdings in another (foreign) market

Performance

Period	FTA	FLQM
30 Days	3.63%	3.76%
60 Days	3.82%	5.31%
90 Days	7.47%	7.50%
12 Months	20.29%	28.62%

40 Overlapping Holdings

Symbol	Grade	Weight in FTA	Weight in FLQM	Overlap
ACGL	C	0.95%	0.74%	0.74%
AWK	B	0.19%	0.97%	0.19%
BBY	C	0.59%	0.98%	0.59%
CF	C	0.91%	0.57%	0.57%
CINF	B	0.99%	0.84%	0.84%
CMI	C	0.18%	0.72%	0.18%
DG	F	0.11%	0.34%	0.11%
DHI	B	1.16%	1.24%	1.16%
DOV	B	0.36%	0.96%	0.36%
DVN	F	0.73%	0.76%	0.73%
EBAY	B	0.82%	0.99%	0.82%
EG	C	0.86%	0.63%	0.63%
EXPD	C	0.16%	0.7%	0.16%
FANG	D	0.74%	0.83%	0.74%
FOXA	B	0.98%	0.16%	0.16%
GPC	D	0.34%	0.74%	0.34%
HIG	B	0.79%	1.07%	0.79%
HPE	D	0.69%	0.77%	0.69%
HPQ	D	0.33%	0.87%	0.33%
HSY	C	0.37%	0.64%	0.37%
INCY	C	0.53%	0.55%	0.53%
JBL	D	0.48%	0.38%	0.38%
K	B	0.23%	0.39%	0.23%
KR	C	0.56%	1.01%	0.56%
LKQ	F	0.66%	0.39%	0.39%
LNG	C	0.7%	0.84%	0.7%
LYB	D	0.68%	0.84%	0.68%
OMC	B	0.38%	0.82%	0.38%
POOL	C	0.19%	0.51%	0.19%
RF	B	0.55%	0.73%	0.55%
RS	D	0.67%	0.65%	0.65%
SNA	C	0.74%	0.62%	0.62%
STLD	F	0.74%	0.62%	0.62%
SYF	C	0.85%	0.85%	0.85%
SYY	D	0.18%	0.9%	0.18%
TROW	D	0.63%	0.68%	0.63%
TSCO	C	0.17%	0.94%	0.17%
UAL	C	0.88%	0.32%	0.32%
VTRS	D	0.77%	0.53%	0.53%
WPC	C	0.57%	0.26%	0.26%

FTA Overweight 146 Positions Relative to FLQM

Symbol	Grade	Weight
LEN	B	1.05%
EXC	C	1.0%
ETR	B	1.0%
T	C	0.98%
GPN	D	0.98%
BRK.A	C	0.96%
CMCSA	D	0.87%
ADM	D	0.86%
GM	C	0.86%
MKL	C	0.85%
CVS	D	0.84%
XEL	B	0.83%
APTV	D	0.82%
MPC	F	0.81%
AEP	C	0.81%
EOG	D	0.81%
AEE	C	0.81%
ATO	B	0.8%
ED	C	0.8%
UHAL	A	0.78%
CTSH	C	0.78%
COP	D	0.78%
PCG	C	0.78%
CNC	D	0.78%
BG	D	0.78%
CB	B	0.78%
EQT	D	0.77%
CE	F	0.77%
NUE	F	0.77%
CVX	D	0.77%
PSX	F	0.77%
CAG	C	0.77%
KHC	C	0.76%
MTB	B	0.76%
CFG	C	0.76%
HBAN	B	0.75%
SJM	C	0.75%
VZ	B	0.74%
CTRA	D	0.74%
VLO	F	0.74%
IPG	C	0.73%
KMI	B	0.73%
F	F	0.73%
L	C	0.72%
WBD	D	0.71%
OXY	F	0.7%
COF	B	0.69%
AIG	D	0.68%
XOM	C	0.67%
OC	D	0.65%
BEN	F	0.61%
AFL	C	0.61%
WEC	C	0.61%
EIX	C	0.6%
WFC	D	0.6%
DUK	C	0.59%
CMS	C	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	C	0.57%
ZM	C	0.57%
FITB	B	0.57%
DGX	B	0.57%
CHTR	D	0.57%
TDY	B	0.56%
USB	B	0.56%
SRE	C	0.54%
JBHT	D	0.53%
DE	B	0.52%
LUV	C	0.51%
TXT	D	0.51%
TEL	D	0.49%
ZBH	F	0.49%
BAC	D	0.49%
SWKS	D	0.48%
CRBG	D	0.48%
BKR	C	0.48%
FDX	C	0.48%
C	C	0.46%
CNP	C	0.45%
FNF	B	0.42%
PYPL	B	0.42%
KIM	C	0.42%
LMT	C	0.42%
HCA	B	0.42%
SSNC	B	0.41%
NEE	C	0.41%
MOH	D	0.41%
PKG	B	0.4%
PNC	B	0.4%
LOW	B	0.4%
MDT	C	0.4%
TRV	C	0.4%
JNJ	C	0.39%
PEG	B	0.39%
KEY	B	0.39%
APD	B	0.38%
CPB	C	0.38%
WRB	C	0.38%
WY	C	0.38%
KDP	B	0.38%
OKE	B	0.38%
EPAM	F	0.37%
HRL	C	0.36%
ARE	C	0.36%
CSCO	C	0.36%
GS	C	0.36%
PPG	D	0.35%
TGT	C	0.35%
MS	D	0.34%
UPS	D	0.33%
DOW	D	0.33%
INTC	F	0.32%
CBRE	A	0.22%
VTR	C	0.21%
KVUE	C	0.21%
MKC	C	0.2%
WMT	C	0.2%
REGN	C	0.19%
BLK	B	0.19%
ABT	C	0.19%
MDLZ	B	0.19%
TRGP	B	0.19%
MAA	B	0.19%
NKE	D	0.18%
JCI	B	0.18%
TSN	C	0.18%
CI	C	0.18%
PRU	C	0.17%
DD	B	0.17%
ELV	C	0.17%
LHX	C	0.17%
J	C	0.17%
PFG	B	0.17%
KMB	D	0.17%
CTVA	B	0.17%
GD	B	0.17%
RJF	C	0.16%
WLK	D	0.16%
HUM	F	0.15%
QCOM	D	0.14%
BIIB	F	0.14%

FTA Underweight 157 Positions Relative to FLQM

Symbol	Grade	Weight
FICO	B	-1.39%
IT	B	-1.16%
RMD	C	-1.15%
AVB	B	-1.14%
PHM	B	-1.11%
MSCI	C	-1.08%
ALL	B	-1.08%
PAYX	C	-1.06%
ODFL	D	-1.04%
EA	D	-1.04%
GWW	B	-1.03%
GRMN	D	-1.0%
FAST	C	-1.0%
BAH	C	-0.98%
IDXX	C	-0.97%
MTD	D	-0.94%
CDW	D	-0.94%
BLDR	C	-0.93%
NTAP	D	-0.93%
YUM	D	-0.92%
WSM	D	-0.91%
WAT	C	-0.9%
OTIS	C	-0.9%
CHD	D	-0.88%
NVR	B	-0.86%
LII	B	-0.84%
DECK	C	-0.81%
DAL	C	-0.81%
ULTA	D	-0.8%
MANH	B	-0.79%
CLX	C	-0.78%
GDDY	C	-0.75%
AVY	C	-0.71%
VRSN	D	-0.7%
TER	D	-0.68%
VRSK	D	-0.68%
THC	A	-0.66%
WSO	C	-0.64%
MAS	B	-0.64%
TPL	B	-0.64%
UTHR	C	-0.62%
UHS	B	-0.59%
ROL	C	-0.58%
RPM	B	-0.56%
NBIX	F	-0.55%
VLTO	C	-0.54%
DKS	D	-0.53%
GGG	C	-0.51%
NDSN	C	-0.5%
CASY	D	-0.5%
TPR	C	-0.48%
ALLE	B	-0.48%
JNPR	B	-0.47%
EHC	C	-0.47%
CPT	B	-0.47%
ELS	C	-0.46%
FFIV	B	-0.46%
RPRX	C	-0.45%
CHRW	B	-0.44%
TXRH	C	-0.44%
BJ	D	-0.44%
GL	C	-0.42%
CW	B	-0.42%
LECO	F	-0.42%
OVV	F	-0.41%
BXP	B	-0.4%
HRB	C	-0.4%
MUSA	D	-0.39%
TOL	B	-0.39%
UNM	B	-0.38%
SAIA	D	-0.37%
DOX	C	-0.37%
ACI	F	-0.37%
TPX	C	-0.37%
LDOS	B	-0.37%
WING	B	-0.37%
ALSN	B	-0.36%
DCI	C	-0.35%
KNSL	C	-0.35%
SKX	D	-0.35%
MTG	B	-0.34%
ALLY	F	-0.33%
NNN	C	-0.33%
SEIC	C	-0.32%
TTC	D	-0.32%
PAYC	D	-0.32%
RL	C	-0.31%
APA	F	-0.31%
CHE	C	-0.3%
ORI	B	-0.3%
LW	D	-0.3%
CACI	B	-0.3%
ACHC	C	-0.29%
EXPE	C	-0.29%
EGP	B	-0.27%
CROX	D	-0.27%
G	C	-0.26%
RHI	D	-0.26%
PB	B	-0.25%
DINO	F	-0.25%
OGN	D	-0.24%
AMG	C	-0.24%
DVA	B	-0.24%
LSTR	D	-0.24%
BBWI	F	-0.24%
R	A	-0.23%
STAG	C	-0.23%
CRUS	D	-0.22%
AM	C	-0.22%
WU	F	-0.22%
VNT	F	-0.22%
VFC	C	-0.22%
SON	C	-0.21%
AN	D	-0.21%
BC	C	-0.21%
NFG	B	-0.2%
LAMR	B	-0.2%
SEE	D	-0.2%
FLO	C	-0.2%
M	F	-0.18%
WBA	F	-0.18%
SOLV	C	-0.18%
OMF	D	-0.18%
JHG	B	-0.18%
PII	D	-0.18%
DLB	D	-0.17%
CHRD	F	-0.17%
MSM	D	-0.17%
AGO	C	-0.16%
HIW	B	-0.15%
LOPE	D	-0.14%
CHH	C	-0.14%
KRC	B	-0.14%
COKE	C	-0.14%
DTM	B	-0.14%
AYI	B	-0.14%
MAN	C	-0.13%
AVT	C	-0.12%
NEU	D	-0.12%
IVZ	B	-0.11%
COLM	C	-0.11%
CRI	D	-0.11%
PAG	D	-0.11%
AWI	B	-0.1%
COLB	B	-0.1%
JWN	C	-0.1%
CIVI	F	-0.1%
APPF	D	-0.09%
CUZ	B	-0.08%
KSS	F	-0.08%
GAP	F	-0.07%
CNXC	F	-0.06%
SNDR	B	-0.06%
WEN	C	-0.06%
CNA	C	-0.04%
DDS	F	-0.03%
PLTK	C	-0.02%