FTA vs. SKF ETF Comparison

Comparison of First Trust Large Cap Value AlphaDEX Fund (based onthe Defined Large Cap Value Index (FTA) to ProShares UltraShort Financials (SKF)

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

SKF

ProShares UltraShort Financials

SKF Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. FinancialsSM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index measures the performance of the financial services sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$32.40

Average Daily Volume

12,877

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FTA	SKF
30 Days	4.88%	-14.46%
60 Days	5.23%	-19.83%
90 Days	6.80%	-23.27%
12 Months	26.69%	-49.37%

35 Overlapping Holdings

Symbol	Grade	Weight in FTA	Weight in SKF	Overlap
AFL	B	0.5%	0.66%	0.5%
AIG	B	0.91%	0.77%	0.77%
ALLY	C	0.71%	0.19%	0.19%
ARE	D	0.32%	0.32%	0.32%
BAC	A	0.59%	4.46%	0.59%
C	A	0.76%	2.98%	0.76%
CB	C	0.7%	1.17%	0.7%
CFG	B	0.8%	0.3%	0.3%
CINF	A	0.96%	0.27%	0.27%
COF	B	0.86%	0.81%	0.81%
DOC	D	0.33%	0.3%	0.3%
EG	C	0.82%	0.19%	0.19%
EQR	B	0.5%	0.48%	0.48%
FITB	A	0.57%	0.35%	0.35%
FNF	B	0.34%	0.22%	0.22%
HBAN	A	0.84%	0.26%	0.26%
HIG	B	0.69%	0.37%	0.37%
KEY	B	0.4%	0.32%	0.32%
L	A	0.74%	0.23%	0.23%
MAA	B	0.17%	0.26%	0.17%
MS	A	0.65%	1.19%	0.65%
MTB	A	0.61%	0.36%	0.36%
PFG	D	0.17%	0.25%	0.17%
PNC	B	0.39%	1.13%	0.39%
PRU	A	0.36%	0.66%	0.36%
RF	A	0.58%	0.27%	0.27%
RJF	A	0.46%	0.2%	0.2%
STT	A	0.55%	0.5%	0.5%
SYF	B	1.14%	0.36%	0.36%
TROW	B	0.97%	0.52%	0.52%
TRV	B	0.56%	0.61%	0.56%
USB	A	0.56%	1.32%	0.56%
WFC	A	0.9%	3.19%	0.9%
WRB	A	0.18%	0.17%	0.17%
WY	D	0.16%	0.39%	0.16%

FTA Overweight 151 Positions Relative to SKF

Symbol	Grade	Weight
UAL	A	1.4%
GM	B	1.13%
DAL	C	1.12%
PCAR	B	1.02%
FOXA	B	0.98%
EOG	A	0.97%
STLD	B	0.96%
CVX	A	0.96%
RS	B	0.94%
COP	C	0.94%
CTRA	B	0.93%
HPE	B	0.92%
F	C	0.92%
HAL	C	0.91%
VLO	C	0.91%
CMCSA	B	0.91%
XOM	B	0.9%
T	A	0.89%
DVN	F	0.88%
PSX	C	0.87%
TOL	B	0.87%
OXY	D	0.86%
KMI	A	0.85%
MPC	D	0.85%
NUE	C	0.85%
EQT	B	0.82%
LNG	B	0.82%
BG	F	0.8%
PHM	D	0.79%
LEN	D	0.79%
OC	A	0.78%
ETR	B	0.78%
CVS	D	0.77%
ADM	D	0.77%
LYB	F	0.76%
SRE	A	0.76%
VTRS	A	0.76%
INTC	D	0.75%
FDX	B	0.75%
CRBG	B	0.74%
XEL	A	0.74%
FANG	D	0.74%
SLB	C	0.73%
ATO	A	0.73%
CTSH	B	0.73%
CNP	B	0.72%
AEE	A	0.72%
KR	B	0.72%
ZBH	C	0.71%
CF	B	0.7%
APTV	D	0.66%
EXC	C	0.66%
ON	D	0.65%
VZ	C	0.64%
DG	F	0.64%
ED	D	0.64%
SNA	A	0.63%
CHTR	C	0.62%
BKR	B	0.61%
SWKS	F	0.6%
IP	B	0.6%
DHI	D	0.6%
TDY	B	0.56%
LUV	C	0.56%
CNC	D	0.55%
NI	A	0.53%
DGX	A	0.52%
PPL	B	0.51%
TXT	D	0.5%
D	C	0.5%
LNT	A	0.5%
ULTA	F	0.5%
TGT	F	0.5%
EBAY	D	0.49%
HRL	D	0.49%
DUK	C	0.49%
SYY	B	0.49%
DTE	C	0.48%
CE	F	0.48%
BLDR	D	0.48%
DE	A	0.48%
AEP	D	0.47%
STX	D	0.46%
KHC	F	0.46%
AKAM	D	0.45%
BBY	D	0.45%
BIIB	F	0.44%
OKE	A	0.42%
ZM	B	0.42%
DOW	F	0.42%
DIS	B	0.4%
JBHT	C	0.38%
TSN	B	0.38%
CSCO	B	0.38%
NWSA	B	0.38%
PKG	A	0.38%
RGA	A	0.37%
KIM	A	0.37%
HPQ	B	0.36%
DRI	B	0.36%
CSX	B	0.36%
WEC	A	0.35%
SSNC	B	0.35%
CMS	C	0.34%
NVR	D	0.33%
CARR	D	0.33%
PPG	F	0.33%
HSY	F	0.33%
JNJ	D	0.33%
EIX	B	0.33%
FE	C	0.32%
GIS	D	0.31%
GPC	D	0.31%
MOH	F	0.31%
KDP	D	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%
ACN	C	0.18%
LHX	C	0.18%
APD	A	0.18%
LH	C	0.18%
IEX	B	0.18%
J	F	0.18%
KEYS	A	0.17%
GD	F	0.17%
PEP	F	0.17%
UPS	C	0.17%
NDSN	B	0.17%
CTVA	C	0.17%
LOW	D	0.17%
HD	A	0.17%
OMC	C	0.17%
CLX	B	0.17%
SBUX	A	0.17%
CPB	D	0.16%
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%
NKE	D	0.15%
MDLZ	F	0.15%
AWK	D	0.15%
CAG	D	0.14%

FTA Underweight 62 Positions Relative to SKF

Symbol	Grade	Weight
BRK.A	B	-7.56%
JPM	A	-7.27%
V	A	-5.88%
MA	C	-4.83%
AMT	D	-1.74%
AXP	A	-1.49%
GS	A	-1.34%
TFC	A	-1.27%
CME	A	-1.25%
SPGI	C	-1.22%
BLK	C	-1.06%
CCI	D	-1.02%
PLD	D	-1.0%
MMC	B	-0.97%
SCHW	B	-0.93%
ICE	C	-0.91%
EQIX	A	-0.84%
AON	A	-0.83%
SPG	B	-0.76%
PGR	A	-0.75%
MCO	B	-0.7%
MET	A	-0.69%
BX	A	-0.67%
BK	A	-0.65%
ALL	A	-0.64%
WELL	A	-0.59%
PSA	D	-0.56%
AVB	B	-0.51%
SBAC	D	-0.48%
DLR	B	-0.44%
WTW	B	-0.44%
DFS	B	-0.44%
O	D	-0.42%
MSCI	C	-0.4%
CSGP	D	-0.4%
NTRS	A	-0.39%
AMP	A	-0.37%
VTR	C	-0.37%
BXP	D	-0.34%
CBRE	B	-0.34%
ESS	B	-0.34%
ACGL	D	-0.31%
AJG	B	-0.3%
INVH	D	-0.28%
MKL	A	-0.28%
MKTX	D	-0.24%
WPC	D	-0.24%
SUI	D	-0.24%
EXR	D	-0.24%
NLY	C	-0.23%
UDR	B	-0.23%
HST	C	-0.22%
ELS	C	-0.22%
NDAQ	A	-0.21%
LNC	B	-0.2%
MPW	F	-0.19%
EQH	B	-0.19%
GL	B	-0.18%
FDS	B	-0.18%
REG	B	-0.18%
VNO	B	-0.18%
CPT	B	-0.18%