FXD vs. QUAL ETF Comparison

Comparison of First Trust Consumer Discret. AlphaDEX (FXD) to iShares MSCI USA Quality Factor ETF (QUAL)

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

QUAL

iShares MSCI USA Quality Factor ETF

QUAL Description

The investment seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks with quality characteristics as identified through certain fundamental metrics. The fund seeks to track the investment results of the MSCI USA Quality Index (the "underlying index"), which is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid-capitalization stocks. It generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$182.75

Average Daily Volume

893,947

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

Performance

Period	FXD	QUAL
30 Days	6.57%	1.61%
60 Days	5.97%	2.39%
90 Days	7.28%	3.34%
12 Months	27.20%	30.86%

16 Overlapping Holdings

Symbol	Grade	Weight in FXD	Weight in QUAL	Overlap
BBY	D	0.48%	0.29%	0.29%
COST	B	1.12%	2.55%	1.12%
DECK	A	0.59%	0.49%	0.49%
DHI	D	1.15%	0.7%	0.7%
GRMN	B	0.64%	0.48%	0.48%
IPG	D	0.74%	0.05%	0.05%
NFLX	A	0.63%	1.76%	0.63%
NKE	D	0.22%	1.41%	0.22%
NVR	D	0.5%	0.52%	0.5%
OMC	C	0.26%	0.1%	0.1%
PHM	D	1.21%	0.43%	0.43%
ROL	B	0.26%	0.12%	0.12%
TJX	A	0.55%	2.03%	0.55%
TSCO	D	0.51%	0.43%	0.43%
ULTA	F	0.79%	0.31%	0.31%
WSM	B	0.68%	0.29%	0.29%

FXD Overweight 103 Positions Relative to QUAL

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%
BYD	C	1.21%
LEN	D	1.21%
FOXA	B	1.2%
LEA	D	1.18%
KSS	F	1.18%
HOG	D	1.14%
WHR	B	1.14%
F	C	1.12%
BURL	A	1.1%
GNTX	C	1.1%
CRI	D	1.1%
GAP	C	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%
TGT	F	0.79%
DKS	C	0.77%
EBAY	D	0.77%
YETI	C	0.76%
CROX	D	0.74%
CCL	B	0.71%
UHAL	D	0.7%
BKNG	A	0.63%
DIS	B	0.61%
LUV	C	0.59%
MUSA	A	0.58%
HLT	A	0.58%
BJ	A	0.57%
MSGS	A	0.57%
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%
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%
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%
HAS	D	0.22%
COTY	F	0.21%
FND	C	0.21%

FXD Underweight 107 Positions Relative to QUAL

Symbol	Grade	Weight
NVDA	C	-6.93%
AAPL	C	-5.44%
MSFT	F	-4.5%
V	A	-4.5%
MA	C	-4.22%
META	D	-4.09%
LLY	F	-3.42%
UNH	C	-2.81%
JNJ	D	-2.15%
GOOGL	C	-1.77%
ADBE	C	-1.76%
ADP	B	-1.75%
CSCO	B	-1.74%
COP	C	-1.73%
ACN	C	-1.67%
GOOG	C	-1.55%
KO	D	-1.43%
CAT	B	-1.4%
TXN	C	-1.34%
CMG	B	-1.26%
AMAT	F	-1.17%
QCOM	F	-1.15%
LIN	D	-1.14%
PEP	F	-1.1%
LMT	D	-1.08%
BLK	C	-0.99%
SRE	A	-0.93%
SLB	C	-0.89%
KLAC	D	-0.77%
MMC	B	-0.74%
ANET	C	-0.73%
ITW	B	-0.73%
LRCX	F	-0.73%
PLD	D	-0.71%
PEG	A	-0.69%
LULU	C	-0.66%
VRTX	F	-0.62%
CTAS	B	-0.6%
GWW	B	-0.59%
CDNS	B	-0.58%
TPL	A	-0.58%
SHW	A	-0.57%
PSA	D	-0.55%
MCO	B	-0.53%
CME	A	-0.52%
SNPS	B	-0.51%
ZTS	D	-0.51%
ED	D	-0.5%
APH	A	-0.5%
MMM	D	-0.5%
PAYX	C	-0.49%
AFL	B	-0.42%
FAST	B	-0.42%
ATO	A	-0.4%
APD	A	-0.35%
CBRE	B	-0.35%
ODFL	B	-0.34%
AMP	A	-0.33%
IDXX	F	-0.3%
FERG	B	-0.28%
ACGL	D	-0.26%
CSGP	D	-0.26%
AVB	B	-0.24%
EW	C	-0.24%
ROK	B	-0.22%
POOL	C	-0.22%
EQT	B	-0.22%
VLTO	D	-0.21%
MNST	C	-0.21%
NTAP	C	-0.21%
MANH	D	-0.2%
EA	A	-0.2%
A	D	-0.2%
APA	D	-0.19%
TROW	B	-0.19%
MPWR	F	-0.18%
EQR	B	-0.18%
EME	C	-0.17%
RMD	C	-0.17%
LPLA	A	-0.17%
VEEV	C	-0.16%
PPG	F	-0.15%
HSY	F	-0.15%
KEYS	A	-0.15%
CBOE	B	-0.14%
WAT	B	-0.13%
WSO	A	-0.12%
WST	C	-0.12%
FDS	B	-0.12%
EXPD	D	-0.12%
GGG	B	-0.11%
PKG	A	-0.1%
ERIE	D	-0.09%
RS	B	-0.09%
MOH	F	-0.09%
JKHY	D	-0.09%
AVY	D	-0.08%
PAYC	B	-0.08%
UTHR	C	-0.08%
SEIC	B	-0.07%
MKTX	D	-0.07%
ENPH	F	-0.06%
SMCI	F	-0.06%
AOS	F	-0.06%
AFG	A	-0.06%
SOLV	C	-0.05%
WBA	F	-0.03%