FTC vs. NACP ETF Comparison

Comparison of First Trust Large Cap Growth AlphaDEX Fund (based on the Defined Large Cap Growth Index) (FTC) to Impact Shares NAACP Minority Empowerment ETF (NACP)

FTC

First Trust Large Cap Growth AlphaDEX Fund (based on the Defined Large Cap Growth Index)

FTC 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 Growth 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) Growth 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

$146.37

Average Daily Volume

33,503

Number of Holdings ^*

186

* may have additional holdings in another (foreign) market

NACP

Impact Shares NAACP Minority Empowerment ETF

NACP Description

The investment seeks investment results that, before fees and expenses, track the performance of the Morningstar Minority Empowerment Index (the underlying index). The fund will, under normal circumstances, invest at least 80% of its total assets, plus borrowings for investment purposes (the "80% basket") in component securities of the underlying index ("Component Securities"). The underlying index is designed to measure the performance of large and mid- capitalization companies that are "empowering to minorities," and to exhibit risk and return characteristics similar to those of the Morningstar US Large-Mid Cap ® Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$42.72

Average Daily Volume

3,518

Number of Holdings ^*

197

* may have additional holdings in another (foreign) market

Performance

Period	FTC	NACP
30 Days	9.08%	2.08%
60 Days	12.23%	4.48%
90 Days	15.96%	6.57%
12 Months	42.15%	32.92%

52 Overlapping Holdings

Symbol	Grade	Weight in FTC	Weight in NACP	Overlap
A	D	0.14%	0.14%	0.14%
AAPL	C	0.33%	5.03%	0.33%
ADP	B	0.18%	0.4%	0.18%
AMZN	C	0.38%	4.47%	0.38%
AON	A	0.18%	0.24%	0.18%
AVB	B	0.16%	0.11%	0.11%
AXP	A	0.89%	0.56%	0.56%
BAH	F	0.63%	0.07%	0.07%
BK	A	0.9%	0.17%	0.17%
BSX	B	0.7%	0.41%	0.41%
CCI	D	0.14%	0.18%	0.14%
DELL	C	0.38%	0.54%	0.38%
ECL	D	0.47%	0.21%	0.21%
EQIX	A	0.16%	0.29%	0.16%
ETN	A	0.36%	0.44%	0.36%
GE	D	0.63%	0.69%	0.63%
GOOGL	C	0.17%	2.41%	0.17%
HLT	A	0.53%	0.17%	0.17%
HUBB	B	0.5%	0.06%	0.06%
HWM	A	0.94%	0.14%	0.14%
IBM	C	0.63%	3.08%	0.63%
IR	B	0.35%	0.12%	0.12%
ITW	B	0.17%	0.27%	0.17%
JPM	A	0.76%	2.39%	0.76%
KO	D	0.29%	0.99%	0.29%
LII	A	0.68%	0.07%	0.07%
MA	C	0.17%	1.4%	0.17%
MAR	B	0.38%	0.19%	0.19%
MCO	B	0.49%	0.26%	0.26%
META	D	0.67%	3.63%	0.67%
MU	D	0.16%	1.75%	0.16%
NDAQ	A	0.52%	0.08%	0.08%
NEE	D	0.59%	0.66%	0.59%
NRG	B	0.84%	0.07%	0.07%
NVDA	C	0.81%	4.9%	0.81%
OTIS	C	0.32%	0.13%	0.13%
PANW	C	0.38%	1.81%	0.38%
PCG	A	0.71%	0.09%	0.09%
PEG	A	0.65%	0.14%	0.14%
QCOM	F	0.16%	3.18%	0.16%
RCL	A	1.09%	0.12%	0.12%
RMD	C	0.63%	0.11%	0.11%
SBAC	D	0.15%	0.08%	0.08%
SO	D	0.47%	0.35%	0.35%
SPGI	C	0.48%	0.55%	0.48%
TSLA	B	0.4%	2.22%	0.4%
TT	A	0.88%	0.29%	0.29%
UBER	D	0.46%	2.29%	0.46%
URI	B	0.87%	0.18%	0.18%
VST	B	0.97%	0.11%	0.11%
WMB	A	0.41%	0.19%	0.19%
XYL	D	0.44%	0.11%	0.11%

FTC Overweight 134 Positions Relative to NACP

Symbol	Grade	Weight
APP	B	1.81%
PLTR	B	1.32%
AXON	A	1.26%
CVNA	B	1.15%
TRGP	B	1.08%
EXPE	B	1.03%
VRT	B	1.01%
DASH	A	1.01%
FICO	B	1.0%
GS	A	0.99%
GDDY	A	0.98%
KKR	A	0.96%
EME	C	0.96%
HOOD	B	0.92%
UTHR	C	0.9%
WAB	B	0.9%
PWR	A	0.9%
CCL	B	0.88%
HEI	B	0.88%
CPNG	D	0.86%
ALL	A	0.86%
PGR	A	0.85%
BURL	A	0.85%
THC	D	0.82%
VTR	C	0.82%
AMP	A	0.8%
GRMN	B	0.8%
LYV	A	0.79%
IRM	D	0.79%
RBLX	C	0.79%
FCNCA	A	0.78%
FI	A	0.78%
NTRS	A	0.78%
TMUS	B	0.77%
NOW	A	0.77%
TPL	A	0.75%
PH	A	0.74%
ACGL	D	0.74%
GEN	B	0.73%
ORCL	B	0.73%
MSI	B	0.73%
CEG	D	0.72%
HCA	F	0.71%
CTAS	B	0.7%
PM	B	0.7%
BRO	B	0.7%
COST	B	0.69%
SHW	A	0.68%
ANET	C	0.67%
AVGO	D	0.66%
CAT	B	0.66%
FSLR	F	0.65%
APO	B	0.64%
ERIE	D	0.63%
ALNY	D	0.62%
FTNT	C	0.59%
TDG	D	0.59%
NFLX	A	0.57%
BKNG	A	0.57%
TTD	B	0.56%
GWW	B	0.55%
DECK	A	0.54%
CASY	A	0.53%
ISRG	A	0.53%
WSO	A	0.52%
COIN	C	0.52%
AJG	B	0.51%
WELL	A	0.51%
TYL	B	0.51%
BR	A	0.51%
TJX	A	0.5%
CSL	C	0.49%
BRK.A	B	0.49%
MANH	D	0.48%
NTAP	C	0.47%
LVS	C	0.47%
ICE	C	0.47%
TSCO	D	0.46%
VLTO	D	0.45%
PSA	D	0.44%
CL	D	0.43%
EFX	F	0.43%
AMT	D	0.41%
CPAY	A	0.39%
ADSK	A	0.37%
APH	A	0.37%
ARES	A	0.36%
MO	A	0.36%
RSG	A	0.35%
DOV	A	0.35%
SPG	B	0.35%
IT	C	0.35%
ORLY	B	0.35%
MCD	D	0.33%
ROL	B	0.33%
MMC	B	0.33%
AZO	C	0.33%
ROST	C	0.32%
MSTR	C	0.32%
CBOE	B	0.32%
AMGN	D	0.31%
RIVN	F	0.31%
VICI	C	0.31%
LLY	F	0.3%
BLD	D	0.3%
EXR	D	0.3%
O	D	0.29%
WSM	B	0.28%
LPLA	A	0.22%
MPWR	F	0.21%
CRM	B	0.2%
CRWD	B	0.2%
FAST	B	0.19%
PAYX	C	0.18%
MKL	A	0.18%
DLR	B	0.18%
WDAY	B	0.18%
GPN	B	0.18%
ESS	B	0.17%
CHD	B	0.17%
MSCI	C	0.17%
CMG	B	0.17%
VRTX	F	0.17%
WAT	B	0.17%
DKNG	B	0.17%
SYK	C	0.17%
WM	A	0.17%
PG	A	0.16%
KMB	D	0.15%
GLPI	C	0.15%
LIN	D	0.15%
ZTS	D	0.14%
MTD	D	0.13%
KLAC	D	0.13%

FTC Underweight 145 Positions Relative to NACP

Symbol	Grade	Weight
MSFT	F	-4.63%
ACN	C	-3.58%
VZ	C	-2.26%
GOOG	C	-2.16%
XOM	B	-2.0%
UNH	C	-1.95%
V	A	-1.53%
INTC	D	-1.52%
JNJ	D	-1.44%
ABBV	D	-1.22%
CVX	A	-1.04%
MRK	F	-1.03%
BAC	A	-0.99%
PEP	F	-0.92%
TMO	F	-0.83%
WMT	A	-0.73%
ABT	B	-0.69%
DHR	F	-0.64%
HPQ	B	-0.62%
PFE	D	-0.62%
UNP	C	-0.56%
LOW	D	-0.51%
COP	C	-0.49%
ELV	F	-0.47%
MS	A	-0.47%
HON	B	-0.46%
C	A	-0.45%
EA	A	-0.45%
T	A	-0.45%
MDT	D	-0.42%
PLD	D	-0.42%
BA	F	-0.38%
MELI	D	-0.38%
CI	F	-0.37%
DE	A	-0.36%
MDLZ	F	-0.36%
NKE	D	-0.36%
BMY	B	-0.35%
UPS	C	-0.35%
GILD	C	-0.35%
SCHW	B	-0.33%
DUK	C	-0.32%
NOC	D	-0.29%
PNC	B	-0.27%
CVS	D	-0.27%
PYPL	B	-0.27%
MMM	D	-0.26%
FDX	B	-0.25%
FCX	D	-0.25%
CSX	B	-0.24%
MPC	D	-0.23%
BDX	F	-0.23%
PSX	C	-0.22%
TFC	A	-0.22%
NEM	D	-0.22%
EMR	A	-0.22%
NSC	B	-0.2%
AEP	D	-0.19%
OKE	A	-0.18%
SRE	A	-0.18%
TRV	B	-0.18%
D	C	-0.18%
GM	B	-0.18%
MET	A	-0.17%
VLO	C	-0.17%
JCI	C	-0.17%
LNG	B	-0.16%
IPG	D	-0.16%
LHX	C	-0.16%
KMI	A	-0.15%
HES	B	-0.15%
EXC	C	-0.15%
CMI	A	-0.15%
EW	C	-0.15%
F	C	-0.15%
DD	D	-0.14%
KR	B	-0.13%
AME	A	-0.13%
VRSK	A	-0.13%
VMC	B	-0.12%
MLM	B	-0.12%
XEL	A	-0.12%
ED	D	-0.12%
KHC	F	-0.12%
ROK	B	-0.11%
EBAY	D	-0.11%
EIX	B	-0.11%
ADM	D	-0.11%
HSY	F	-0.1%
DVN	F	-0.1%
WEC	A	-0.1%
PPG	F	-0.1%
BIIB	F	-0.1%
TROW	B	-0.09%
IFF	D	-0.09%
DAL	C	-0.09%
SYF	B	-0.08%
APTV	D	-0.08%
PPL	B	-0.08%
FE	C	-0.08%
ETR	B	-0.08%
DTE	C	-0.08%
ES	D	-0.08%
EXPD	D	-0.07%
CMS	C	-0.07%
TSN	B	-0.07%
CLX	B	-0.07%
BAX	D	-0.07%
LH	C	-0.07%
K	A	-0.07%
ILMN	D	-0.07%
HBAN	A	-0.07%
RF	A	-0.07%
SWK	D	-0.06%
LUV	C	-0.06%
DOC	D	-0.06%
DGX	A	-0.06%
TXT	D	-0.06%
SJM	D	-0.05%
AMH	D	-0.05%
NI	A	-0.05%
OC	A	-0.05%
ACM	A	-0.05%
NDSN	B	-0.05%
UAL	A	-0.05%
LNT	A	-0.05%
AES	F	-0.05%
JBHT	C	-0.05%
BG	F	-0.05%
CF	B	-0.05%
CPB	D	-0.04%
REG	B	-0.04%
LECO	B	-0.04%
TFX	F	-0.04%
ALB	C	-0.04%
EMN	D	-0.04%
USFD	A	-0.04%
WBA	F	-0.03%
BWA	D	-0.03%
SCCO	F	-0.03%
PFG	D	-0.03%
MOS	F	-0.03%
HRL	D	-0.03%
CNH	C	-0.03%
TAP	C	-0.03%