FXD vs. QLV ETF Comparison

Comparison of First Trust Consumer Discret. AlphaDEX (FXD) to FlexShares US Quality Low Volatility Index Fund (QLV)

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

QLV

FlexShares US Quality Low Volatility Index Fund

QLV Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Developed Markets ex-US Quality Low Volatility IndexSM. The underlying index is designed to reflect the performance of a selection of companies that, in aggregate, possess lower overall absolute volatility characteristics relative to a broad universe of securities domiciled in developed market countries, excluding the U.S. The fund will invest at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. It is non-diversified.

Grade (RS Rating)

Last Trade

$67.22

Average Daily Volume

10,357

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

Performance

Period	FXD	QLV
30 Days	6.57%	0.23%
60 Days	5.97%	1.42%
90 Days	7.28%	3.24%
12 Months	27.20%	25.29%

5 Overlapping Holdings

Symbol	Grade	Weight in FXD	Weight in QLV	Overlap
AMZN	C	0.29%	2.5%	0.29%
AZO	C	0.26%	0.56%	0.26%
DDS	B	1.51%	0.3%	0.3%
MCD	D	0.25%	1.97%	0.25%
TSCO	D	0.51%	0.5%	0.5%

FXD Overweight 114 Positions Relative to QLV

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%
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	B	1.08%
NXST	C	1.08%
THO	B	1.07%
PAG	B	1.07%
M	D	1.06%
NCLH	B	1.05%
LKQ	D	1.04%
BFAM	D	1.02%
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%
TXRH	C	0.91%
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%
NWSA	B	0.28%
CPRT	A	0.28%
CHDN	B	0.27%
ROL	B	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%
ROST	C	0.24%
SITE	D	0.24%
NKE	D	0.22%
HAS	D	0.22%
COTY	F	0.21%
FND	C	0.21%

FXD Underweight 109 Positions Relative to QLV

Symbol	Grade	Weight
MSFT	F	-7.86%
NVDA	C	-5.54%
AAPL	C	-5.13%
PG	A	-3.17%
LLY	F	-2.4%
MRK	F	-2.29%
V	A	-2.25%
IBM	C	-1.77%
JNJ	D	-1.68%
VZ	C	-1.58%
PEP	F	-1.52%
T	A	-1.46%
META	D	-1.27%
XOM	B	-1.15%
TMUS	B	-1.14%
GILD	C	-1.11%
LMT	D	-1.07%
ABBV	D	-0.97%
ABT	B	-0.92%
ADP	B	-0.92%
CME	A	-0.91%
QLYS	C	-0.89%
ATR	B	-0.89%
WTW	B	-0.87%
DUK	C	-0.87%
GOOGL	C	-0.87%
TXN	C	-0.86%
PSA	D	-0.84%
AIZ	A	-0.84%
WEC	A	-0.83%
WDFC	B	-0.81%
TYL	C	-0.81%
ED	D	-0.77%
K	A	-0.77%
RGLD	C	-0.77%
DOX	D	-0.76%
LSTR	D	-0.74%
CHE	D	-0.74%
AMGN	D	-0.73%
CB	C	-0.72%
CHKP	D	-0.72%
GIS	D	-0.72%
ZM	B	-0.7%
WM	A	-0.68%
SO	D	-0.68%
QGEN	D	-0.67%
TRV	B	-0.66%
DTM	B	-0.65%
DLR	B	-0.65%
AVY	D	-0.64%
GOOG	C	-0.62%
CALM	A	-0.62%
EQIX	A	-0.62%
ALL	A	-0.62%
XEL	A	-0.62%
GD	F	-0.61%
PKG	A	-0.61%
SMMT	D	-0.61%
NOC	D	-0.6%
BRK.A	B	-0.59%
CINF	A	-0.59%
RSG	A	-0.58%
WCN	A	-0.57%
CTVA	C	-0.57%
AEE	A	-0.56%
SIGI	C	-0.55%
STNG	F	-0.55%
MKL	A	-0.54%
CMS	C	-0.53%
JKHY	D	-0.53%
SCI	B	-0.53%
CTRA	B	-0.53%
WRB	A	-0.53%
ADC	B	-0.52%
AEP	D	-0.52%
PNW	B	-0.52%
BAH	F	-0.5%
SON	D	-0.49%
CHRW	C	-0.49%
FLO	D	-0.47%
REGN	F	-0.47%
HSY	F	-0.46%
TTEK	F	-0.46%
NBIX	C	-0.43%
HRL	D	-0.4%
AVGO	D	-0.4%
VRSK	A	-0.39%
BMRN	D	-0.37%
NFG	A	-0.37%
HII	D	-0.36%
MCK	B	-0.35%
SLGN	A	-0.33%
BMI	B	-0.28%
CRUS	D	-0.26%
EA	A	-0.23%
PM	B	-0.21%
JPM	A	-0.21%
COR	B	-0.2%
LIN	D	-0.19%
ALKS	B	-0.19%
ADI	D	-0.15%
ROP	B	-0.14%
NCNO	B	-0.13%
CAG	D	-0.13%
L	A	-0.11%
CWAN	B	-0.09%
UNH	C	-0.07%
MMC	B	-0.05%
EXPD	D	-0.03%