FTA vs. XLF ETF Comparison

Comparison of First Trust Large Cap Value AlphaDEX Fund (based onthe Defined Large Cap Value Index (FTA) to SPDR Select Sector Fund - Financial (XLF)

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

$82.76

Average Daily Volume

38,924

Number of Holdings ^*

186

* may have additional holdings in another (foreign) market

XLF

SPDR Select Sector Fund - Financial

XLF Description

The investment seeks investment results that, before expenses, correspond to the price and yield performance of publicly traded equity securities of companies in The Financial Select Sector Index. In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies from the following industries: diversified financial services; insurance; commercial banks; capital markets; REITs; consumer finance; thrifts & mortgage finance; and real estate management & development. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$50.68

Average Daily Volume

39,045,484

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FTA	XLF
30 Days	3.75%	6.41%
60 Days	4.76%	10.28%
90 Days	5.84%	13.33%
12 Months	25.55%	44.57%

29 Overlapping Holdings

Symbol	Grade	Weight in FTA	Weight in XLF	Overlap
AFL	B	0.5%	0.8%	0.5%
AIG	B	0.91%	0.71%	0.71%
BAC	A	0.59%	4.5%	0.59%
C	A	0.76%	1.89%	0.76%
CB	C	0.7%	1.57%	0.7%
CFG	B	0.8%	0.3%	0.3%
CINF	A	0.96%	0.34%	0.34%
COF	C	0.86%	1.02%	0.86%
EG	C	0.82%	0.23%	0.23%
FITB	B	0.57%	0.46%	0.46%
HBAN	A	0.84%	0.37%	0.37%
HIG	B	0.69%	0.5%	0.5%
KEY	B	0.4%	0.26%	0.26%
L	A	0.74%	0.22%	0.22%
MS	A	0.65%	2.4%	0.65%
MTB	A	0.61%	0.52%	0.52%
PFG	D	0.17%	0.27%	0.17%
PNC	B	0.39%	1.2%	0.39%
PRU	A	0.36%	0.65%	0.36%
PYPL	B	0.19%	1.27%	0.19%
RF	A	0.58%	0.35%	0.35%
RJF	A	0.46%	0.43%	0.43%
STT	B	0.55%	0.41%	0.41%
SYF	B	1.14%	0.37%	0.37%
TROW	B	0.97%	0.39%	0.39%
TRV	B	0.56%	0.85%	0.56%
USB	A	0.56%	1.14%	0.56%
WFC	A	0.9%	3.6%	0.9%
WRB	A	0.18%	0.26%	0.18%

FTA Overweight 157 Positions Relative to XLF

Symbol	Grade	Weight
UAL	A	1.4%
GM	C	1.13%
DAL	B	1.12%
PCAR	B	1.02%
FOXA	A	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	A	0.82%
BG	D	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	C	0.75%
FDX	B	0.75%
CRBG	B	0.74%
XEL	A	0.74%
FANG	C	0.74%
SLB	C	0.73%
ATO	A	0.73%
CTSH	B	0.73%
CNP	A	0.72%
AEE	A	0.72%
KR	B	0.72%
ZBH	C	0.71%
ALLY	C	0.71%
CF	A	0.7%
APTV	F	0.66%
EXC	C	0.66%
ON	D	0.65%
VZ	C	0.64%
DG	F	0.64%
ED	C	0.64%
SNA	A	0.63%
CHTR	C	0.62%
BKR	A	0.61%
SWKS	F	0.6%
IP	A	0.6%
DHI	F	0.6%
TDY	B	0.56%
LUV	C	0.56%
CNC	D	0.55%
NI	A	0.53%
DGX	A	0.52%
PPL	A	0.51%
TXT	D	0.5%
D	C	0.5%
LNT	A	0.5%
EQR	C	0.5%
ULTA	F	0.5%
TGT	F	0.5%
EBAY	D	0.49%
HRL	D	0.49%
DUK	C	0.49%
SYY	D	0.49%
DTE	C	0.48%
CE	F	0.48%
BLDR	D	0.48%
DE	B	0.48%
AEP	C	0.47%
STX	C	0.46%
KHC	F	0.46%
AKAM	D	0.45%
BBY	D	0.45%
BIIB	F	0.44%
OKE	A	0.42%
ZM	C	0.42%
DOW	F	0.42%
DIS	B	0.4%
JBHT	C	0.38%
TSN	B	0.38%
CSCO	B	0.38%
NWSA	A	0.38%
PKG	A	0.38%
RGA	A	0.37%
KIM	A	0.37%
HPQ	B	0.36%
DRI	B	0.36%
CSX	C	0.36%
WEC	A	0.35%
SSNC	B	0.35%
CMS	C	0.34%
FNF	B	0.34%
NVR	D	0.33%
DOC	C	0.33%
CARR	C	0.33%
PPG	F	0.33%
HSY	F	0.33%
JNJ	C	0.33%
EIX	B	0.33%
ARE	F	0.32%
FE	C	0.32%
GIS	D	0.31%
GPC	D	0.31%
MOH	F	0.31%
KDP	F	0.31%
HUM	C	0.31%
WLK	D	0.3%
ELV	F	0.27%
CMI	A	0.19%
ODFL	C	0.19%
ACN	B	0.18%
LHX	C	0.18%
APD	A	0.18%
LH	B	0.18%
IEX	C	0.18%
J	D	0.18%
KEYS	A	0.17%
GD	D	0.17%
PEP	F	0.17%
UPS	C	0.17%
NDSN	B	0.17%
CTVA	C	0.17%
MAA	B	0.17%
LOW	C	0.17%
HD	B	0.17%
OMC	C	0.17%
CLX	A	0.17%
SBUX	A	0.17%
CPB	D	0.16%
WY	F	0.16%
EXPD	C	0.16%
LMT	D	0.16%
DD	C	0.16%
CI	D	0.16%
MAS	D	0.16%
HOLX	D	0.16%
MDT	D	0.16%
FTV	C	0.16%
NKE	F	0.15%
MDLZ	F	0.15%
AWK	C	0.15%
CAG	F	0.14%

FTA Underweight 43 Positions Relative to XLF

Symbol	Grade	Weight
BRK.A	B	-12.45%
JPM	A	-10.0%
V	A	-7.49%
MA	B	-6.24%
GS	A	-2.7%
SPGI	C	-2.38%
AXP	A	-2.36%
PGR	A	-2.19%
BLK	B	-2.12%
BX	A	-1.9%
FI	A	-1.76%
SCHW	B	-1.74%
MMC	B	-1.58%
KKR	A	-1.48%
ICE	C	-1.31%
AON	A	-1.19%
CME	B	-1.17%
MCO	B	-1.1%
AJG	A	-0.94%
TFC	A	-0.9%
BK	A	-0.83%
AMP	A	-0.8%
ALL	A	-0.75%
MET	A	-0.71%
FIS	C	-0.7%
MSCI	C	-0.69%
DFS	B	-0.63%
ACGL	C	-0.54%
NDAQ	A	-0.47%
WTW	B	-0.46%
GPN	B	-0.43%
BRO	B	-0.38%
CPAY	A	-0.37%
NTRS	A	-0.31%
CBOE	C	-0.3%
FDS	B	-0.27%
JKHY	D	-0.18%
AIZ	A	-0.16%
MKTX	D	-0.15%
ERIE	D	-0.15%
GL	C	-0.14%
IVZ	B	-0.12%
BEN	C	-0.1%