FXD vs. NBSM ETF Comparison

Comparison of First Trust Consumer Discret. AlphaDEX (FXD) to Neuberger Berman Small-Mid Cap ETF (NBSM)

FXD

First Trust Consumer Discret. AlphaDEX

FXD 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 StrataQuant(R) Consumer Discretionary Index (the "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 NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the consumer discretionary sector 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

$66.68

Average Daily Volume

25,266

Number of Holdings ^*

119

* may have additional holdings in another (foreign) market

NBSM

Neuberger Berman Small-Mid Cap ETF

NBSM Description

NBSM focuses on capital growth primarily through investments in small- and mid-cap firms. The fund seeks out undervalued companies with strong market positions and financial health, mainly in domestic markets with a minor proportion in foreign securities. Utilizing a bottom-up analysis, the fund manager identifies organizations they believe are valued below their intrinsic worth. Key considerations include historical returns, market niche, barriers to entry, and self-financing capabilities, emphasizing companies with established business operations over speculative growth prospects. NBSM aims to capitalize on market inefficiencies and manage risks through diversification and fundamental analysis. Furthermore, the manager also takes into account ESG factors into their decision making whenever applicable, aiming for a more comprehensive evaluation of potential investments. The fund may sell a security if it underperforms, reaches a set price or when better investment opportunities arise.

Grade (RS Rating)

Last Trade

$27.75

Average Daily Volume

11,547

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FXD	NBSM
30 Days	6.57%	5.91%
60 Days	5.97%	5.08%
90 Days	7.28%	6.00%
12 Months	27.20%

6 Overlapping Holdings

Symbol	Grade	Weight in FXD	Weight in NBSM	Overlap
BFAM	D	1.02%	1.16%	1.02%
FND	C	0.21%	1.11%	0.21%
NXST	C	1.08%	1.78%	1.08%
ROL	B	0.26%	1.45%	0.26%
TSCO	D	0.51%	1.56%	0.51%
TXRH	C	0.91%	1.9%	0.91%

FXD Overweight 113 Positions Relative to NBSM

Symbol	Grade	Weight
UAL	A	2.14%
CVNA	B	1.85%
RCL	A	1.76%
SPOT	B	1.74%
GM	B	1.72%
LAD	A	1.57%
DUOL	A	1.53%
DDS	B	1.51%
PVH	C	1.38%
CPNG	D	1.38%
DAL	C	1.37%
VAC	B	1.36%
TOL	B	1.33%
EXPE	B	1.32%
TKO	B	1.28%
RBLX	C	1.28%
LYV	A	1.27%
BWA	D	1.27%
SN	D	1.25%
PHM	D	1.21%
BYD	C	1.21%
LEN	D	1.21%
FOXA	B	1.2%
LEA	D	1.18%
KSS	F	1.18%
DHI	D	1.15%
HOG	D	1.14%
WHR	B	1.14%
COST	B	1.12%
F	C	1.12%
BURL	A	1.1%
GNTX	C	1.1%
CRI	D	1.1%
GAP	C	1.08%
THO	B	1.07%
PAG	B	1.07%
M	D	1.06%
NCLH	B	1.05%
LKQ	D	1.04%
APTV	D	1.01%
HRB	D	1.0%
AN	C	1.0%
SKX	D	0.99%
TPR	B	0.99%
DG	F	0.98%
PLNT	A	0.95%
LOPE	B	0.94%
ALK	C	0.94%
SIRI	C	0.92%
TTD	B	0.92%
RL	B	0.88%
PII	D	0.87%
AAP	C	0.85%
H	B	0.83%
COLM	B	0.82%
JWN	C	0.82%
FIVE	F	0.8%
BBWI	D	0.79%
ULTA	F	0.79%
TGT	F	0.79%
DKS	C	0.77%
EBAY	D	0.77%
YETI	C	0.76%
CROX	D	0.74%
IPG	D	0.74%
CCL	B	0.71%
UHAL	D	0.7%
WSM	B	0.68%
GRMN	B	0.64%
NFLX	A	0.63%
BKNG	A	0.63%
DIS	B	0.61%
LUV	C	0.59%
DECK	A	0.59%
MUSA	A	0.58%
HLT	A	0.58%
BJ	A	0.57%
MSGS	A	0.57%
TJX	A	0.55%
DRI	B	0.55%
HD	A	0.54%
MAT	D	0.53%
LVS	C	0.52%
UBER	D	0.51%
MGM	D	0.51%
CZR	F	0.5%
NVR	D	0.5%
BBY	D	0.48%
GPC	D	0.48%
WING	D	0.43%
TSLA	B	0.31%
TNL	A	0.3%
AMZN	C	0.29%
NWSA	B	0.28%
CPRT	A	0.28%
CHDN	B	0.27%
AZO	C	0.26%
LOW	D	0.26%
ARMK	B	0.26%
TPX	B	0.26%
KMX	B	0.26%
OMC	C	0.26%
SBUX	A	0.26%
OLLI	D	0.25%
RH	B	0.25%
WYNN	D	0.25%
NYT	C	0.25%
MCD	D	0.25%
ROST	C	0.24%
SITE	D	0.24%
NKE	D	0.22%
HAS	D	0.22%
COTY	F	0.21%

FXD Underweight 41 Positions Relative to NBSM

Symbol	Grade	Weight
EXP	A	-3.83%
FICO	B	-3.76%
KEX	C	-3.67%
WSO	A	-3.25%
ITT	A	-3.14%
VMI	B	-3.13%
RYAN	B	-3.09%
RBC	A	-3.04%
ATR	B	-2.86%
CNX	A	-2.81%
HAE	C	-2.73%
TYL	B	-2.68%
TTEK	F	-2.42%
CHE	D	-2.38%
RLI	B	-2.35%
CBU	B	-2.2%
CR	A	-2.16%
TTC	D	-2.13%
MKSI	C	-2.09%
LECO	B	-1.96%
LFUS	F	-1.91%
ENTG	D	-1.86%
CFR	B	-1.84%
LSCC	D	-1.79%
TECH	D	-1.72%
PB	A	-1.59%
LNT	A	-1.57%
POWI	D	-1.57%
CHD	B	-1.57%
SPSC	C	-1.52%
TDW	F	-1.51%
BSY	D	-1.5%
SSD	D	-1.35%
ICLR	D	-1.23%
IBP	D	-1.16%
MANH	D	-1.13%
AWI	A	-1.06%
CNM	D	-1.06%
GTES	A	-1.0%
CVLT	B	-0.51%
ACA	A	-0.39%