FTA vs. MGV ETF Comparison

Comparison of First Trust Large Cap Value AlphaDEX Fund (based onthe Defined Large Cap Value Index (FTA) to Vanguard Mega Cap Value ETF (MGV)

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

$79.14

Average Daily Volume

33,412

Number of Holdings ^*

186

* may have additional holdings in another (foreign) market

MGV

Vanguard Mega Cap Value ETF

MGV Description

The investment seeks to track the performance of a benchmark index. The fund employs an indexing investment approach designed to track the performance of the CRSP US Mega Cap Value Index, which represents the value companies of the CRSP US Mega Cap Index. The index is a free-float-adjusted, market-capitalization-weighted index designed to measure equity market performance of mega-capitalization value stocks. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$127.98

Average Daily Volume

197,553

Number of Holdings ^*

133

* may have additional holdings in another (foreign) market

Performance

Period	FTA	MGV
30 Days	3.63%	3.01%
60 Days	3.82%	5.15%
90 Days	7.47%	7.70%
12 Months	20.29%	25.13%

64 Overlapping Holdings

Symbol	Grade	Weight in FTA	Weight in MGV	Overlap
ABT	C	0.19%	1.09%	0.19%
AEP	C	0.81%	0.3%	0.3%
AFL	C	0.61%	0.32%	0.32%
AIG	D	0.68%	0.16%	0.16%
APD	B	0.38%	0.35%	0.35%
BAC	D	0.49%	1.58%	0.49%
BLK	B	0.19%	0.73%	0.19%
BRK.A	C	0.96%	1.52%	0.96%
BRK.A	C	0.96%	3.18%	0.96%
C	C	0.46%	0.69%	0.46%
CB	B	0.78%	0.66%	0.66%
CHTR	D	0.57%	0.21%	0.21%
CI	C	0.18%	0.58%	0.18%
CMCSA	D	0.87%	0.95%	0.87%
COF	B	0.69%	0.32%	0.32%
COP	D	0.78%	0.77%	0.77%
CSCO	C	0.36%	1.04%	0.36%
CVS	D	0.84%	0.45%	0.45%
CVX	D	0.77%	1.66%	0.77%
D	C	0.59%	0.13%	0.13%
DE	B	0.52%	0.57%	0.52%
DUK	C	0.59%	0.5%	0.5%
ELV	C	0.17%	0.73%	0.17%
EOG	D	0.81%	0.43%	0.43%
F	F	0.73%	0.25%	0.25%
FDX	C	0.48%	0.4%	0.4%
GD	B	0.17%	0.44%	0.17%
GM	C	0.86%	0.3%	0.3%
GS	C	0.36%	0.97%	0.36%
HCA	B	0.42%	0.42%	0.42%
HUM	F	0.15%	0.26%	0.15%
INTC	F	0.32%	0.77%	0.32%
JCI	B	0.18%	0.14%	0.14%
JNJ	C	0.39%	2.24%	0.39%
KDP	B	0.38%	0.22%	0.22%
KHC	C	0.76%	0.16%	0.16%
KMB	D	0.17%	0.27%	0.17%
KMI	B	0.73%	0.12%	0.12%
LMT	C	0.42%	0.77%	0.42%
LOW	B	0.4%	0.83%	0.4%
MDLZ	B	0.19%	0.54%	0.19%
MDT	C	0.4%	0.63%	0.4%
MPC	F	0.81%	0.37%	0.37%
MS	D	0.34%	0.74%	0.34%
NEE	C	0.41%	0.93%	0.41%
OXY	F	0.7%	0.22%	0.22%
PNC	B	0.4%	0.34%	0.34%
PSX	F	0.77%	0.36%	0.36%
PYPL	B	0.42%	0.41%	0.41%
QCOM	D	0.14%	1.19%	0.14%
REGN	C	0.19%	0.66%	0.19%
SRE	C	0.54%	0.3%	0.3%
SYY	D	0.18%	0.11%	0.11%
T	C	0.98%	0.82%	0.82%
TEL	D	0.49%	0.28%	0.28%
TGT	C	0.35%	0.41%	0.35%
TRV	C	0.4%	0.29%	0.29%
UPS	D	0.33%	0.56%	0.33%
USB	B	0.56%	0.41%	0.41%
VLO	F	0.74%	0.31%	0.31%
VZ	B	0.74%	0.9%	0.74%
WFC	D	0.6%	1.22%	0.6%
WMT	C	0.2%	1.79%	0.2%
XOM	C	0.67%	3.14%	0.67%

FTA Overweight 123 Positions Relative to MGV

Symbol	Grade	Weight
DHI	B	1.16%
LEN	B	1.05%
EXC	C	1.0%
ETR	B	1.0%
CINF	B	0.99%
GPN	D	0.98%
FOXA	B	0.98%
ACGL	C	0.95%
CF	C	0.91%
UAL	C	0.88%
ADM	D	0.86%
EG	C	0.86%
MKL	C	0.85%
SYF	C	0.85%
XEL	B	0.83%
EBAY	B	0.82%
APTV	D	0.82%
AEE	C	0.81%
ATO	B	0.8%
ED	C	0.8%
HIG	B	0.79%
UHAL	A	0.78%
CTSH	C	0.78%
PCG	C	0.78%
CNC	D	0.78%
BG	D	0.78%
VTRS	D	0.77%
EQT	D	0.77%
CE	F	0.77%
NUE	F	0.77%
CAG	C	0.77%
MTB	B	0.76%
CFG	C	0.76%
HBAN	B	0.75%
SJM	C	0.75%
SNA	C	0.74%
FANG	D	0.74%
STLD	F	0.74%
CTRA	D	0.74%
IPG	C	0.73%
DVN	F	0.73%
L	C	0.72%
WBD	D	0.71%
LNG	C	0.7%
HPE	D	0.69%
LYB	D	0.68%
RS	D	0.67%
LKQ	F	0.66%
OC	D	0.65%
TROW	D	0.63%
BEN	F	0.61%
WEC	C	0.61%
EIX	C	0.6%
BBY	C	0.59%
CMS	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%
WPC	C	0.57%
DGX	B	0.57%
TDY	B	0.56%
KR	C	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	D	0.48%
CRBG	D	0.48%
BKR	C	0.48%
JBL	D	0.48%
CNP	C	0.45%
FNF	B	0.42%
KIM	C	0.42%
SSNC	B	0.41%
MOH	D	0.41%
PKG	B	0.4%
PEG	B	0.39%
KEY	B	0.39%
OMC	B	0.38%
CPB	C	0.38%
WRB	C	0.38%
WY	C	0.38%
OKE	B	0.38%
EPAM	F	0.37%
HSY	C	0.37%
DOV	B	0.36%
HRL	C	0.36%
ARE	C	0.36%
PPG	D	0.35%
GPC	D	0.34%
HPQ	D	0.33%
DOW	D	0.33%
K	B	0.23%
CBRE	A	0.22%
VTR	C	0.21%
KVUE	C	0.21%
MKC	C	0.2%
POOL	C	0.19%
AWK	B	0.19%
TRGP	B	0.19%
MAA	B	0.19%
NKE	D	0.18%
CMI	C	0.18%
TSN	C	0.18%
PRU	C	0.17%
DD	B	0.17%
LHX	C	0.17%
J	C	0.17%
PFG	B	0.17%
CTVA	B	0.17%
TSCO	C	0.17%
RJF	C	0.16%
WLK	D	0.16%
EXPD	C	0.16%
BIIB	F	0.14%
DG	F	0.11%

FTA Underweight 69 Positions Relative to MGV

Symbol	Grade	Weight
AVGO	C	-4.39%
JPM	D	-3.61%
UNH	C	-3.13%
PG	C	-2.24%
HD	B	-2.15%
ABBV	C	-1.93%
MRK	D	-1.69%
KO	C	-1.53%
PEP	C	-1.4%
TMO	B	-1.38%
ORCL	C	-1.36%
DHR	B	-1.09%
PM	C	-1.06%
AMGN	B	-1.05%
IBM	B	-1.04%
GE	B	-1.04%
PFE	C	-1.02%
CAT	B	-1.0%
RTX	C	-0.92%
UNP	C	-0.89%
HON	D	-0.79%
AXP	B	-0.75%
PGR	B	-0.74%
MU	F	-0.72%
ETN	C	-0.72%
PLD	C	-0.69%
ADI	C	-0.68%
MMC	C	-0.65%
LIN	B	-0.64%
ACN	C	-0.61%
BMY	C	-0.57%
GILD	B	-0.56%
SCHW	D	-0.55%
SO	B	-0.54%
ICE	C	-0.51%
MO	C	-0.5%
WM	D	-0.48%
CL	D	-0.48%
KKR	B	-0.48%
MCK	F	-0.47%
TT	B	-0.45%
PH	B	-0.43%
MMM	B	-0.42%
CSX	D	-0.41%
BDX	D	-0.41%
CME	C	-0.41%
ITW	C	-0.41%
EMR	D	-0.4%
FCX	D	-0.39%
NOC	B	-0.38%
TFC	C	-0.35%
ROP	C	-0.34%
SYK	C	-0.33%
NSC	C	-0.33%
ADP	B	-0.32%
BX	B	-0.3%
BK	B	-0.29%
PSA	B	-0.28%
CCI	C	-0.28%
MET	B	-0.27%
STZ	D	-0.24%
RSG	D	-0.23%
AON	B	-0.2%
SLB	F	-0.2%
DELL	D	-0.17%
WMB	B	-0.15%
SPG	B	-0.14%
GEV	B	-0.14%
PAYX	C	-0.12%