FTA vs. PWS ETF Comparison

Comparison of First Trust Large Cap Value AlphaDEX Fund (based onthe Defined Large Cap Value Index (FTA) to Pacer WealthShield ETF (PWS)

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

$82.72

Average Daily Volume

39,082

Number of Holdings ^*

186

* may have additional holdings in another (foreign) market

PWS

Pacer WealthShield ETF

PWS Description

The investment seeks to track the total return performance, before fees and expenses, of the Pacer WealthShield Index. Under normal circumstances, at least 80% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in (i) the component securities of the index or (ii) ETFs that seek to track the performance of some or all of the component securities of the index in the same approximate weight as such component securities. The index utilizes a systematic risk management strategy that directs the index's exposure to U.S. equity securities, U.S. Treasury securities, or a mix of each. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$31.23

Average Daily Volume

1,845

Number of Holdings ^*

217

* may have additional holdings in another (foreign) market

Performance

Period	FTA	PWS
30 Days	4.88%	4.72%
60 Days	5.23%	-1.94%
90 Days	6.80%	1.22%
12 Months	26.69%	21.11%

71 Overlapping Holdings

Symbol	Grade	Weight in FTA	Weight in PWS	Overlap
ACN	C	0.18%	0.28%	0.18%
ADM	D	0.77%	0.17%	0.17%
AEE	A	0.72%	0.4%	0.4%
AEP	D	0.47%	0.81%	0.47%
AKAM	D	0.45%	0.02%	0.02%
APTV	D	0.66%	0.06%	0.06%
ARE	D	0.32%	0.3%	0.3%
ATO	A	0.73%	0.37%	0.37%
AWK	D	0.15%	0.42%	0.15%
BBY	D	0.45%	0.07%	0.07%
BG	F	0.8%	0.09%	0.09%
CAG	D	0.14%	0.09%	0.09%
CLX	B	0.17%	0.14%	0.14%
CMS	C	0.34%	0.33%	0.33%
CNP	B	0.72%	0.32%	0.32%
CPB	D	0.16%	0.06%	0.06%
CSCO	B	0.38%	0.29%	0.29%
CTSH	B	0.73%	0.05%	0.05%
D	C	0.5%	0.77%	0.5%
DG	F	0.64%	0.12%	0.12%
DHI	D	0.6%	0.19%	0.19%
DOC	D	0.33%	0.27%	0.27%
DRI	B	0.36%	0.08%	0.08%
DTE	C	0.48%	0.4%	0.4%
DUK	C	0.49%	1.4%	0.49%
EBAY	D	0.49%	0.12%	0.12%
ED	D	0.64%	0.54%	0.54%
EIX	B	0.33%	0.52%	0.33%
EQR	B	0.5%	0.45%	0.45%
ETR	B	0.78%	0.51%	0.51%
EXC	C	0.66%	0.62%	0.62%
F	C	0.92%	0.17%	0.17%
FE	C	0.32%	0.34%	0.32%
GIS	D	0.31%	0.25%	0.25%
GM	B	1.13%	0.26%	0.26%
GPC	D	0.31%	0.07%	0.07%
HD	A	0.17%	1.63%	0.17%
HPE	B	0.92%	0.03%	0.03%
HPQ	B	0.36%	0.04%	0.04%
HRL	D	0.49%	0.06%	0.06%
HSY	F	0.33%	0.19%	0.19%
INTC	D	0.75%	0.13%	0.13%
KDP	D	0.31%	0.27%	0.27%
KEYS	A	0.17%	0.03%	0.03%
KHC	F	0.46%	0.2%	0.2%
KIM	A	0.37%	0.29%	0.29%
KR	B	0.72%	0.28%	0.28%
LEN	D	0.79%	0.16%	0.16%
LNT	A	0.5%	0.25%	0.25%
LOW	D	0.17%	0.62%	0.17%
MAA	B	0.17%	0.33%	0.17%
MDLZ	F	0.15%	0.62%	0.15%
NI	A	0.53%	0.26%	0.26%
NKE	D	0.15%	0.37%	0.15%
NVR	D	0.33%	0.09%	0.09%
ON	D	0.65%	0.04%	0.04%
PEP	F	0.17%	1.59%	0.17%
PHM	D	0.79%	0.1%	0.1%
PPL	B	0.51%	0.4%	0.4%
SBUX	A	0.17%	0.45%	0.17%
SRE	A	0.76%	0.95%	0.76%
STX	D	0.46%	0.02%	0.02%
SWKS	F	0.6%	0.02%	0.02%
SYY	B	0.49%	0.26%	0.26%
TDY	B	0.56%	0.03%	0.03%
TGT	F	0.5%	0.5%	0.5%
TSN	B	0.38%	0.13%	0.13%
ULTA	F	0.5%	0.07%	0.07%
WEC	A	0.35%	0.5%	0.35%
WY	D	0.16%	0.4%	0.16%
XEL	A	0.74%	0.63%	0.63%

FTA Overweight 115 Positions Relative to PWS

Symbol	Grade	Weight
UAL	A	1.4%
SYF	B	1.14%
DAL	C	1.12%
PCAR	B	1.02%
FOXA	B	0.98%
EOG	A	0.97%
TROW	B	0.97%
STLD	B	0.96%
CVX	A	0.96%
CINF	A	0.96%
RS	B	0.94%
COP	C	0.94%
CTRA	B	0.93%
AIG	B	0.91%
HAL	C	0.91%
VLO	C	0.91%
CMCSA	B	0.91%
XOM	B	0.9%
WFC	A	0.9%
T	A	0.89%
DVN	F	0.88%
PSX	C	0.87%
TOL	B	0.87%
COF	B	0.86%
OXY	D	0.86%
KMI	A	0.85%
MPC	D	0.85%
NUE	C	0.85%
HBAN	A	0.84%
EG	C	0.82%
EQT	B	0.82%
LNG	B	0.82%
CFG	B	0.8%
OC	A	0.78%
CVS	D	0.77%
LYB	F	0.76%
VTRS	A	0.76%
C	A	0.76%
FDX	B	0.75%
CRBG	B	0.74%
L	A	0.74%
FANG	D	0.74%
SLB	C	0.73%
ZBH	C	0.71%
ALLY	C	0.71%
CB	C	0.7%
CF	B	0.7%
HIG	B	0.69%
MS	A	0.65%
VZ	C	0.64%
SNA	A	0.63%
CHTR	C	0.62%
BKR	B	0.61%
MTB	A	0.61%
IP	B	0.6%
BAC	A	0.59%
RF	A	0.58%
FITB	A	0.57%
LUV	C	0.56%
TRV	B	0.56%
USB	A	0.56%
STT	A	0.55%
CNC	D	0.55%
DGX	A	0.52%
TXT	D	0.5%
AFL	B	0.5%
CE	F	0.48%
BLDR	D	0.48%
DE	A	0.48%
RJF	A	0.46%
BIIB	F	0.44%
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%
NWSA	B	0.38%
PKG	A	0.38%
RGA	A	0.37%
CSX	B	0.36%
PRU	A	0.36%
SSNC	B	0.35%
FNF	B	0.34%
CARR	D	0.33%
PPG	F	0.33%
JNJ	D	0.33%
MOH	F	0.31%
HUM	C	0.31%
WLK	D	0.3%
ELV	F	0.27%
PYPL	B	0.19%
CMI	A	0.19%
ODFL	B	0.19%
LHX	C	0.18%
WRB	A	0.18%
APD	A	0.18%
LH	C	0.18%
IEX	B	0.18%
J	F	0.18%
GD	F	0.17%
UPS	C	0.17%
NDSN	B	0.17%
CTVA	C	0.17%
PFG	D	0.17%
OMC	C	0.17%
EXPD	D	0.16%
LMT	D	0.16%
DD	D	0.16%
CI	F	0.16%
MAS	D	0.16%
HOLX	D	0.16%
MDT	D	0.16%
FTV	C	0.16%

FTA Underweight 146 Positions Relative to PWS

Symbol	Grade	Weight
AMZN	C	-7.98%
NVDA	C	-4.41%
AAPL	C	-4.19%
MSFT	F	-3.87%
TSLA	B	-3.66%
COST	B	-2.91%
PG	A	-2.76%
WMT	A	-2.61%
NEE	D	-2.48%
PLD	D	-1.91%
KO	D	-1.72%
AMT	D	-1.61%
SO	D	-1.56%
EQIX	A	-1.51%
WELL	A	-1.38%
PM	B	-1.37%
CEG	D	-1.15%
AVGO	D	-0.99%
DLR	B	-0.97%
SPG	B	-0.97%
PSA	D	-0.93%
O	D	-0.88%
MCD	D	-0.85%
VST	B	-0.8%
CCI	D	-0.79%
PCG	A	-0.74%
CBRE	B	-0.72%
PEG	A	-0.71%
MO	A	-0.67%
BKNG	A	-0.67%
EXR	D	-0.61%
IRM	D	-0.6%
AVB	B	-0.59%
VICI	C	-0.58%
TJX	A	-0.55%
CSGP	D	-0.55%
CL	D	-0.52%
VTR	C	-0.47%
SBAC	D	-0.41%
CRM	B	-0.4%
ORCL	B	-0.37%
ESS	B	-0.35%
ES	D	-0.35%
INVH	D	-0.34%
CMG	B	-0.32%
NRG	B	-0.31%
KVUE	A	-0.31%
KMB	D	-0.31%
ADBE	C	-0.29%
ORLY	B	-0.29%
AMD	F	-0.28%
MNST	C	-0.28%
MAR	B	-0.27%
NOW	A	-0.27%
STZ	D	-0.26%
HLT	A	-0.25%
EVRG	A	-0.24%
IBM	C	-0.24%
UDR	B	-0.24%
INTU	C	-0.24%
TXN	C	-0.23%
CPT	B	-0.23%
ABNB	C	-0.23%
QCOM	F	-0.22%
RCL	A	-0.22%
AZO	C	-0.22%
HST	C	-0.22%
REG	B	-0.21%
BXP	D	-0.2%
ROST	C	-0.19%
CHD	B	-0.18%
AMAT	F	-0.18%
PNW	B	-0.17%
AES	F	-0.16%
PANW	C	-0.16%
PLTR	B	-0.15%
LULU	C	-0.15%
FRT	B	-0.15%
YUM	B	-0.15%
K	A	-0.15%
ADI	D	-0.13%
GRMN	B	-0.13%
MKC	D	-0.13%
MU	D	-0.13%
LRCX	F	-0.12%
TSCO	D	-0.12%
ANET	C	-0.12%
APH	A	-0.11%
KLAC	D	-0.11%
DECK	A	-0.11%
CRWD	B	-0.1%
CCL	B	-0.1%
MSI	B	-0.1%
CDNS	B	-0.1%
EL	F	-0.1%
SNPS	B	-0.1%
EXPE	B	-0.09%
DLTR	F	-0.09%
FTNT	C	-0.08%
TAP	C	-0.08%
LW	C	-0.08%
SJM	D	-0.08%
ADSK	A	-0.08%
NXPI	D	-0.07%
LVS	C	-0.07%
FICO	B	-0.07%
ROP	B	-0.07%
DPZ	C	-0.06%
WBA	F	-0.05%
TPR	B	-0.05%
DELL	C	-0.05%
NCLH	B	-0.05%
KMX	B	-0.05%
IT	C	-0.05%
POOL	C	-0.05%
MPWR	F	-0.04%
ANSS	B	-0.04%
LKQ	D	-0.04%
MCHP	D	-0.04%
GLW	B	-0.04%
ZBRA	B	-0.03%
PTC	A	-0.03%
MHK	D	-0.03%
NTAP	C	-0.03%
CDW	F	-0.03%
TYL	B	-0.03%
BWA	D	-0.03%
WYNN	D	-0.03%
GDDY	A	-0.03%
HAS	D	-0.03%
RL	B	-0.03%
CZR	F	-0.03%
MGM	D	-0.03%
JNPR	F	-0.02%
FFIV	B	-0.02%
EPAM	C	-0.02%
JBL	B	-0.02%
VRSN	F	-0.02%
GEN	B	-0.02%
TER	D	-0.02%
TRMB	B	-0.02%
FSLR	F	-0.02%
WDC	D	-0.02%
QRVO	F	-0.01%
ENPH	F	-0.01%
SMCI	F	-0.01%