FTA vs. XRLV ETF Comparison

Comparison of First Trust Large Cap Value AlphaDEX Fund (based onthe Defined Large Cap Value Index (FTA) to PowerShares S&P 500 ex-Rate Sensitive Low Volatility Portfolio (XRLV)

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

XRLV

PowerShares S&P 500 ex-Rate Sensitive Low Volatility Portfolio

XRLV Description

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the S&P 500 Low Volatility Rate Response Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in common stocks that comprise the underlying index. The underlying index is designed to include stocks exhibiting low volatility characteristics, after removing stocks that historically have performed poorly in rising interest rate environments. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$56.04

Average Daily Volume

803

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	FTA	XRLV
30 Days	4.88%	2.47%
60 Days	5.23%	4.00%
90 Days	6.80%	6.43%
12 Months	26.69%	23.64%

42 Overlapping Holdings

Symbol	Grade	Weight in FTA	Weight in XRLV	Overlap
AFL	B	0.5%	0.95%	0.5%
AIG	B	0.91%	0.96%	0.91%
ATO	A	0.73%	1.12%	0.73%
CB	C	0.7%	1.04%	0.7%
CMS	C	0.34%	0.91%	0.34%
CSCO	B	0.38%	1.11%	0.38%
CSX	B	0.36%	0.96%	0.36%
DGX	A	0.52%	0.92%	0.52%
DOW	F	0.42%	0.71%	0.42%
DRI	B	0.36%	0.98%	0.36%
DUK	C	0.49%	0.96%	0.49%
ED	D	0.64%	0.87%	0.64%
ELV	F	0.27%	0.64%	0.27%
ETR	B	0.78%	1.11%	0.78%
FE	C	0.32%	0.87%	0.32%
GD	F	0.17%	0.93%	0.17%
GIS	D	0.31%	0.78%	0.31%
HIG	B	0.69%	1.03%	0.69%
HOLX	D	0.16%	0.85%	0.16%
IEX	B	0.18%	1.07%	0.18%
JNJ	D	0.33%	1.01%	0.33%
KDP	D	0.31%	0.81%	0.31%
KMI	A	0.85%	1.28%	0.85%
L	A	0.74%	1.24%	0.74%
LH	C	0.18%	0.91%	0.18%
LMT	D	0.16%	0.9%	0.16%
LNT	A	0.5%	0.94%	0.5%
LYB	F	0.76%	0.76%	0.76%
MDLZ	F	0.15%	0.87%	0.15%
MDT	D	0.16%	0.91%	0.16%
NI	A	0.53%	0.97%	0.53%
OKE	A	0.42%	1.16%	0.42%
OMC	C	0.17%	0.89%	0.17%
PEP	F	0.17%	0.89%	0.17%
PFG	D	0.17%	0.99%	0.17%
PKG	A	0.38%	1.04%	0.38%
PPG	F	0.33%	0.87%	0.33%
PPL	B	0.51%	1.0%	0.51%
PRU	A	0.36%	1.04%	0.36%
SRE	A	0.76%	1.03%	0.76%
SYY	B	0.49%	0.84%	0.49%
WEC	A	0.35%	0.93%	0.35%

FTA Overweight 144 Positions Relative to XRLV

Symbol	Grade	Weight
UAL	A	1.4%
SYF	B	1.14%
GM	B	1.13%
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%
HPE	B	0.92%
F	C	0.92%
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%
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%
BG	F	0.8%
PHM	D	0.79%
LEN	D	0.79%
OC	A	0.78%
CVS	D	0.77%
ADM	D	0.77%
VTRS	A	0.76%
C	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%
CTSH	B	0.73%
CNP	B	0.72%
AEE	A	0.72%
KR	B	0.72%
ZBH	C	0.71%
ALLY	C	0.71%
CF	B	0.7%
APTV	D	0.66%
EXC	C	0.66%
ON	D	0.65%
MS	A	0.65%
VZ	C	0.64%
DG	F	0.64%
SNA	A	0.63%
CHTR	C	0.62%
BKR	B	0.61%
MTB	A	0.61%
SWKS	F	0.6%
IP	B	0.6%
DHI	D	0.6%
BAC	A	0.59%
RF	A	0.58%
FITB	A	0.57%
TDY	B	0.56%
LUV	C	0.56%
TRV	B	0.56%
USB	A	0.56%
STT	A	0.55%
CNC	D	0.55%
TXT	D	0.5%
D	C	0.5%
EQR	B	0.5%
ULTA	F	0.5%
TGT	F	0.5%
EBAY	D	0.49%
HRL	D	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%
RJF	A	0.46%
KHC	F	0.46%
AKAM	D	0.45%
BBY	D	0.45%
BIIB	F	0.44%
ZM	B	0.42%
DIS	B	0.4%
KEY	B	0.4%
PNC	B	0.39%
JBHT	C	0.38%
TSN	B	0.38%
NWSA	B	0.38%
RGA	A	0.37%
KIM	A	0.37%
HPQ	B	0.36%
SSNC	B	0.35%
FNF	B	0.34%
NVR	D	0.33%
DOC	D	0.33%
CARR	D	0.33%
HSY	F	0.33%
EIX	B	0.33%
ARE	D	0.32%
GPC	D	0.31%
MOH	F	0.31%
HUM	C	0.31%
WLK	D	0.3%
PYPL	B	0.19%
CMI	A	0.19%
ODFL	B	0.19%
ACN	C	0.18%
LHX	C	0.18%
WRB	A	0.18%
APD	A	0.18%
J	F	0.18%
KEYS	A	0.17%
UPS	C	0.17%
NDSN	B	0.17%
CTVA	C	0.17%
MAA	B	0.17%
LOW	D	0.17%
HD	A	0.17%
CLX	B	0.17%
SBUX	A	0.17%
CPB	D	0.16%
WY	D	0.16%
EXPD	D	0.16%
DD	D	0.16%
CI	F	0.16%
MAS	D	0.16%
FTV	C	0.16%
NKE	D	0.15%
AWK	D	0.15%
CAG	D	0.14%

FTA Underweight 58 Positions Relative to XRLV

Symbol	Grade	Weight
TMUS	B	-1.45%
BRK.A	B	-1.43%
V	A	-1.34%
FI	A	-1.3%
AMP	A	-1.26%
WMB	A	-1.22%
RSG	A	-1.21%
MA	C	-1.19%
WMT	A	-1.19%
HON	B	-1.18%
BK	A	-1.16%
MMC	B	-1.14%
PG	A	-1.13%
ITW	B	-1.13%
MSI	B	-1.13%
TJX	A	-1.13%
KO	D	-1.12%
JPM	A	-1.12%
AME	A	-1.11%
PM	B	-1.08%
ROP	B	-1.06%
CME	A	-1.06%
MCD	D	-1.06%
MET	A	-1.05%
ADP	B	-1.04%
LIN	D	-1.04%
CL	D	-1.03%
HLT	A	-1.02%
CTAS	B	-1.0%
PEG	A	-0.99%
WELL	A	-0.99%
YUM	B	-0.99%
CHD	B	-0.99%
COR	B	-0.98%
PAYX	C	-0.98%
WM	A	-0.98%
MO	A	-0.97%
BRO	B	-0.97%
EA	A	-0.97%
AJG	B	-0.95%
UNP	C	-0.94%
BR	A	-0.94%
SO	D	-0.93%
VRSN	F	-0.93%
ABT	B	-0.92%
AVB	B	-0.92%
AVY	D	-0.92%
VRSK	A	-0.9%
EVRG	A	-0.9%
KMB	D	-0.88%
MCK	B	-0.88%
ECL	D	-0.88%
STZ	D	-0.87%
JKHY	D	-0.86%
CBOE	B	-0.83%
BDX	F	-0.8%
ABBV	D	-0.76%
REGN	F	-0.66%