FWD vs. FTC ETF Comparison

Comparison of AB Disruptors ETF (FWD) to First Trust Large Cap Growth AlphaDEX Fund (based on the Defined Large Cap Growth Index) (FTC)

FWD

AB Disruptors ETF

FWD Description

FWD seeks capital growth by actively investing in companies globally, believed to be at the forefront of innovative growth trends. The funds adviser considers such companies as market disrupters. Many may utilize technology to enhance or create new demand for their product or service. The selection process combines a top-down evaluation of macroeconomic growth trends with fundamental, bottom-up analysis of individual companies. Factors such as current and projected profitability, pricing power, competitiveness, technological superiority, and management robustness of a company are considered. Targeted themes may include cloud infrastructure & AI, energy transition, transportation & logistics, medical innovation, digital transactions & media, and industrial innovation. The resulting portfolio of 80-120 stocks is considered non-diversified and may heavily focus on industries within the Information Technology sector.

Grade (RS Rating)

Last Trade

$83.95

Average Daily Volume

20,955

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

Performance

Period	FWD	FTC
30 Days	6.41%	9.08%
60 Days	8.28%	12.23%
90 Days	8.11%	15.96%
12 Months	46.37%	42.15%

32 Overlapping Holdings

Symbol	Grade	Weight in FWD	Weight in FTC	Overlap
AMZN	C	1.73%	0.38%	0.38%
ANET	C	1.53%	0.67%	0.67%
APO	B	1.09%	0.64%	0.64%
AVGO	D	1.29%	0.66%	0.66%
BKNG	A	0.63%	0.57%	0.57%
BSX	B	1.56%	0.7%	0.7%
CAT	B	0.98%	0.66%	0.66%
CRWD	B	1.11%	0.2%	0.2%
DASH	A	1.06%	1.01%	1.01%
ETN	A	1.09%	0.36%	0.36%
FTNT	C	1.15%	0.59%	0.59%
GOOGL	C	1.3%	0.17%	0.17%
HWM	A	1.21%	0.94%	0.94%
ISRG	A	1.62%	0.53%	0.53%
LLY	F	0.76%	0.3%	0.3%
META	D	1.41%	0.67%	0.67%
MU	D	1.01%	0.16%	0.16%
NEE	D	0.79%	0.59%	0.59%
NFLX	A	1.54%	0.57%	0.57%
NOW	A	0.55%	0.77%	0.55%
NVDA	C	5.29%	0.81%	0.81%
ORCL	B	1.81%	0.73%	0.73%
PLTR	B	1.33%	1.32%	1.32%
RBLX	C	0.72%	0.79%	0.72%
SYK	C	0.81%	0.17%	0.17%
TSLA	B	3.08%	0.4%	0.4%
TT	A	1.05%	0.88%	0.88%
TTD	B	1.05%	0.56%	0.56%
UBER	D	0.52%	0.46%	0.46%
VRT	B	1.67%	1.01%	1.01%
VST	B	2.35%	0.97%	0.97%
WAB	B	0.86%	0.9%	0.86%

FWD Overweight 47 Positions Relative to FTC

Symbol	Grade	Weight
GEV	B	2.15%
TXN	C	1.51%
SHOP	B	1.39%
SPOT	B	1.16%
EPAM	C	1.14%
COHR	B	1.06%
MRVL	B	1.02%
DDOG	A	0.99%
ON	D	0.98%
IOT	A	0.98%
TEAM	A	0.95%
LSCC	D	0.94%
LRCX	F	0.94%
TER	D	0.93%
ARM	D	0.91%
MDB	C	0.91%
AMAT	F	0.87%
BKR	B	0.85%
GWRE	A	0.79%
CIEN	B	0.74%
FROG	C	0.74%
MNDY	C	0.74%
ABBV	D	0.73%
SNPS	B	0.72%
ADBE	C	0.71%
AMD	F	0.7%
MSFT	F	0.7%
LITE	B	0.66%
AFRM	B	0.66%
SLAB	D	0.65%
HUBS	A	0.65%
ADI	D	0.63%
MELI	D	0.62%
TMO	F	0.58%
ILMN	D	0.56%
GTLB	B	0.53%
RDDT	B	0.53%
ABT	B	0.52%
CRL	C	0.5%
BSY	D	0.48%
CFLT	B	0.48%
ABNB	C	0.46%
IPGP	D	0.44%
IQV	D	0.43%
FCX	D	0.42%
RGEN	D	0.41%
Z	A	0.4%

FWD Underweight 154 Positions Relative to FTC

Symbol	Grade	Weight
APP	B	-1.81%
AXON	A	-1.26%
CVNA	B	-1.15%
RCL	A	-1.09%
TRGP	B	-1.08%
EXPE	B	-1.03%
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%
BK	A	-0.9%
PWR	A	-0.9%
AXP	A	-0.89%
CCL	B	-0.88%
HEI	B	-0.88%
URI	B	-0.87%
CPNG	D	-0.86%
ALL	A	-0.86%
PGR	A	-0.85%
BURL	A	-0.85%
NRG	B	-0.84%
THC	D	-0.82%
VTR	C	-0.82%
AMP	A	-0.8%
GRMN	B	-0.8%
LYV	A	-0.79%
IRM	D	-0.79%
FCNCA	A	-0.78%
FI	A	-0.78%
NTRS	A	-0.78%
TMUS	B	-0.77%
JPM	A	-0.76%
TPL	A	-0.75%
PH	A	-0.74%
ACGL	D	-0.74%
GEN	B	-0.73%
MSI	B	-0.73%
CEG	D	-0.72%
PCG	A	-0.71%
HCA	F	-0.71%
CTAS	B	-0.7%
PM	B	-0.7%
BRO	B	-0.7%
COST	B	-0.69%
SHW	A	-0.68%
LII	A	-0.68%
PEG	A	-0.65%
FSLR	F	-0.65%
ERIE	D	-0.63%
IBM	C	-0.63%
GE	D	-0.63%
RMD	C	-0.63%
BAH	F	-0.63%
ALNY	D	-0.62%
TDG	D	-0.59%
GWW	B	-0.55%
DECK	A	-0.54%
CASY	A	-0.53%
HLT	A	-0.53%
WSO	A	-0.52%
NDAQ	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%
HUBB	B	-0.5%
CSL	C	-0.49%
MCO	B	-0.49%
BRK.A	B	-0.49%
SPGI	C	-0.48%
MANH	D	-0.48%
NTAP	C	-0.47%
SO	D	-0.47%
LVS	C	-0.47%
ECL	D	-0.47%
ICE	C	-0.47%
TSCO	D	-0.46%
VLTO	D	-0.45%
XYL	D	-0.44%
PSA	D	-0.44%
CL	D	-0.43%
EFX	F	-0.43%
WMB	A	-0.41%
AMT	D	-0.41%
CPAY	A	-0.39%
DELL	C	-0.38%
MAR	B	-0.38%
PANW	C	-0.38%
ADSK	A	-0.37%
APH	A	-0.37%
ARES	A	-0.36%
MO	A	-0.36%
RSG	A	-0.35%
IR	B	-0.35%
DOV	A	-0.35%
SPG	B	-0.35%
IT	C	-0.35%
ORLY	B	-0.35%
AAPL	C	-0.33%
MCD	D	-0.33%
ROL	B	-0.33%
MMC	B	-0.33%
AZO	C	-0.33%
ROST	C	-0.32%
MSTR	C	-0.32%
OTIS	C	-0.32%
CBOE	B	-0.32%
AMGN	D	-0.31%
RIVN	F	-0.31%
VICI	C	-0.31%
BLD	D	-0.3%
EXR	D	-0.3%
KO	D	-0.29%
O	D	-0.29%
WSM	B	-0.28%
LPLA	A	-0.22%
MPWR	F	-0.21%
CRM	B	-0.2%
FAST	B	-0.19%
PAYX	C	-0.18%
AON	A	-0.18%
ADP	B	-0.18%
MKL	A	-0.18%
DLR	B	-0.18%
WDAY	B	-0.18%
GPN	B	-0.18%
ESS	B	-0.17%
ITW	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%
MA	C	-0.17%
WM	A	-0.17%
QCOM	F	-0.16%
PG	A	-0.16%
EQIX	A	-0.16%
AVB	B	-0.16%
SBAC	D	-0.15%
KMB	D	-0.15%
GLPI	C	-0.15%
LIN	D	-0.15%
CCI	D	-0.14%
A	D	-0.14%
ZTS	D	-0.14%
MTD	D	-0.13%
KLAC	D	-0.13%