FTA vs. OUSA ETF Comparison

Comparison of First Trust Large Cap Value AlphaDEX Fund (based onthe Defined Large Cap Value Index (FTA) to O'Shares FTSE U.S. Quality Dividend ETF (OUSA)

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

$79.21

Average Daily Volume

35,370

Number of Holdings ^*

186

* may have additional holdings in another (foreign) market

OUSA

O'Shares FTSE U.S. Quality Dividend ETF

OUSA Description

The investment seeks to track the performance (before fees and expenses) of its target index, the FTSE US Qual / Vol / Yield Factor 5% Capped Index (the "target index"). The U.S. target index is designed to measure the performance of publicly-listed large-capitalization and mid-capitalization dividend-paying issuers in the United States that meet certain market capitalization, liquidity, high quality, low volatility and dividend yield thresholds, as determined by FTSE-Russell (the "index provider"). Under normal market conditions, the fund will invest at least 80% of its total assets in the components of the U.S. target index.

Grade (RS Rating)

Last Trade

$53.43

Average Daily Volume

33,287

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	FTA	OUSA
30 Days	1.25%	1.75%
60 Days	5.17%	6.85%
90 Days	8.71%	7.30%
12 Months	26.63%	30.81%

33 Overlapping Holdings

Symbol	Grade	Weight in FTA	Weight in OUSA	Overlap
ABT	C	0.18%	1.44%	0.18%
BLK	A	0.2%	0.5%	0.2%
CB	B	0.76%	0.71%	0.71%
CMCSA	C	0.89%	3.65%	0.89%
CMI	A	0.19%	0.14%	0.14%
CSCO	A	0.37%	2.84%	0.37%
CTSH	B	0.76%	0.4%	0.4%
DE	B	0.55%	0.22%	0.22%
EBAY	A	0.8%	0.34%	0.34%
ELV	F	0.16%	0.24%	0.16%
EXPD	D	0.17%	0.17%	0.17%
GD	C	0.17%	0.33%	0.17%
GIS	C	0.57%	0.12%	0.12%
HSY	F	0.35%	0.25%	0.25%
JNJ	D	0.37%	4.47%	0.37%
KMB	D	0.17%	0.22%	0.17%
KR	C	0.55%	0.08%	0.08%
KVUE	C	0.21%	0.08%	0.08%
LMT	A	0.42%	1.17%	0.42%
LOW	A	0.4%	1.48%	0.4%
MDLZ	D	0.18%	0.26%	0.18%
MDT	C	0.38%	0.3%	0.3%
NKE	D	0.19%	0.46%	0.19%
QCOM	C	0.14%	0.66%	0.14%
SNA	A	0.74%	0.22%	0.22%
T	A	0.96%	0.75%	0.75%
TEL	D	0.49%	0.47%	0.47%
TGT	D	0.35%	0.11%	0.11%
TROW	D	0.63%	0.65%	0.63%
TSCO	B	0.17%	0.32%	0.17%
UPS	D	0.33%	0.68%	0.33%
VZ	B	0.73%	0.8%	0.73%
WMT	A	0.19%	0.45%	0.19%

FTA Overweight 153 Positions Relative to OUSA

Symbol	Grade	Weight
DHI	C	1.13%
LEN	B	1.04%
FOXA	A	1.03%
ETR	A	1.02%
UAL	B	0.99%
EXC	A	0.97%
CINF	B	0.96%
CF	A	0.96%
ACGL	B	0.94%
BRK.A	C	0.94%
SYF	B	0.88%
APTV	D	0.88%
EG	B	0.87%
CVS	C	0.87%
GPN	F	0.87%
CE	C	0.86%
GM	D	0.84%
ADM	F	0.83%
MKL	C	0.83%
EQT	B	0.82%
XEL	B	0.81%
EOG	B	0.81%
STLD	B	0.81%
AEE	A	0.81%
UHAL	B	0.8%
MPC	C	0.79%
ATO	A	0.79%
NUE	C	0.79%
HPE	B	0.79%
AEP	C	0.78%
HIG	B	0.78%
CVX	B	0.78%
ED	A	0.78%
MTB	C	0.77%
PSX	D	0.77%
CFG	D	0.76%
PCG	C	0.76%
CAG	D	0.76%
BG	F	0.76%
COP	D	0.76%
CNC	F	0.75%
WBD	D	0.75%
HBAN	D	0.74%
SJM	D	0.74%
CTRA	D	0.74%
VTRS	D	0.73%
IPG	D	0.73%
KMI	A	0.73%
KHC	F	0.73%
F	D	0.72%
COF	C	0.72%
VLO	D	0.72%
FANG	C	0.71%
L	D	0.7%
DVN	F	0.69%
LNG	A	0.69%
OXY	D	0.68%
RS	D	0.68%
OC	C	0.67%
XOM	A	0.67%
LYB	F	0.67%
AIG	F	0.66%
LKQ	F	0.65%
WFC	F	0.63%
BEN	F	0.62%
AFL	A	0.6%
EIX	B	0.59%
BBY	C	0.59%
WEC	A	0.59%
CMS	A	0.58%
STT	C	0.58%
HAL	D	0.57%
D	A	0.57%
ZM	C	0.57%
FITB	C	0.57%
WPC	C	0.56%
USB	D	0.56%
DTE	A	0.56%
RF	C	0.56%
FE	C	0.56%
DUK	B	0.56%
TDY	A	0.55%
JBL	C	0.55%
DGX	C	0.55%
JBHT	D	0.53%
INCY	B	0.53%
CHTR	D	0.53%
SRE	B	0.53%
EQR	C	0.52%
TXT	F	0.5%
BKR	B	0.5%
LUV	B	0.5%
ZBH	F	0.49%
C	C	0.48%
BAC	D	0.48%
CRBG	B	0.48%
CNP	B	0.46%
PYPL	C	0.45%
SWKS	F	0.45%
FDX	F	0.44%
HCA	C	0.42%
FNF	B	0.41%
WY	C	0.4%
NEE	A	0.4%
PEG	A	0.4%
TRV	C	0.39%
APD	C	0.39%
KEY	C	0.39%
PNC	C	0.39%
SSNC	C	0.39%
KIM	C	0.39%
PKG	B	0.39%
INTC	D	0.38%
OMC	C	0.38%
MOH	D	0.38%
GS	D	0.37%
OKE	A	0.37%
KDP	C	0.37%
DOV	B	0.36%
PPG	D	0.36%
MS	B	0.36%
WRB	C	0.36%
CPB	D	0.36%
ARE	D	0.35%
DOW	B	0.35%
HRL	F	0.35%
EPAM	F	0.35%
HPQ	B	0.34%
GPC	D	0.34%
K	A	0.23%
CBRE	B	0.22%
POOL	B	0.2%
VTR	C	0.2%
TRGP	A	0.19%
JCI	C	0.19%
MKC	C	0.19%
CTVA	A	0.18%
SYY	D	0.18%
PFG	C	0.18%
MAA	D	0.18%
DD	C	0.18%
J	F	0.18%
AWK	C	0.18%
PRU	C	0.17%
WLK	C	0.17%
TSN	D	0.17%
LHX	A	0.17%
CI	D	0.17%
RJF	B	0.16%
REGN	D	0.16%
BIIB	F	0.14%
HUM	F	0.14%
DG	F	0.11%

FTA Underweight 67 Positions Relative to OUSA

Symbol	Grade	Weight
HD	A	-5.24%
AAPL	C	-5.03%
MSFT	D	-4.93%
V	C	-4.74%
MRK	F	-4.66%
GOOGL	B	-3.77%
MA	A	-3.75%
MCD	A	-3.49%
ACN	B	-2.75%
PG	D	-2.69%
TXN	C	-2.46%
MMC	D	-2.22%
UNH	B	-1.84%
TJX	D	-1.37%
ITW	B	-1.31%
LLY	D	-1.07%
CTAS	C	-1.05%
ABBV	B	-1.03%
TMUS	A	-0.93%
KO	C	-0.89%
PEP	F	-0.85%
COST	C	-0.8%
UNP	D	-0.78%
FAST	C	-0.76%
ADP	A	-0.7%
SBUX	C	-0.69%
HON	C	-0.65%
MCO	D	-0.63%
CAT	A	-0.62%
ORCL	C	-0.62%
MO	D	-0.61%
YUM	B	-0.6%
IBM	A	-0.6%
PM	D	-0.57%
OTIS	A	-0.53%
ZTS	C	-0.53%
MSCI	B	-0.52%
PAYX	A	-0.5%
EA	D	-0.5%
SPGI	B	-0.44%
AVGO	C	-0.43%
GRMN	D	-0.43%
JPM	D	-0.41%
APH	D	-0.39%
CL	D	-0.37%
AON	B	-0.36%
PCAR	C	-0.36%
WM	B	-0.36%
AMGN	D	-0.34%
MSI	A	-0.34%
CBOE	B	-0.32%
ETN	C	-0.3%
CSX	D	-0.29%
SYK	C	-0.29%
GWW	B	-0.26%
TT	A	-0.24%
A	B	-0.19%
GILD	A	-0.18%
GGG	C	-0.16%
IEX	D	-0.16%
ADI	C	-0.16%
INTU	F	-0.15%
TMO	D	-0.15%
VRSK	C	-0.14%
NOC	B	-0.14%
AME	D	-0.13%
CHD	D	-0.06%