FXL vs. FFLG ETF Comparison

Comparison of First Trust Technology AlphaDEX (FXL) to Fidelity Fundamental Large Cap Growth ETF (FFLG)

FXL

First Trust Technology AlphaDEX

FXL 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) Technology 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 technology 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

$138.35

Average Daily Volume

20,977

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

FFLG

Fidelity Fundamental Large Cap Growth ETF

FFLG Description

FFLG seeks to achieve long-term capital growth by investing in large-cap companies believed to have above-average growth potential. The adviser generally defines large-caps as companies with similar market capitalizations to Russell 1000 or S&P 500 companies. Growth is measured based on factors such as earnings or revenue. Stocks are selected using fundamental analysis of factors such as financial condition and industry position of each issuer, as well as market and economic conditions. The adviser then incorporates a quantitative portfolio construction process to emphasize securities in which the adviser has high conviction, subject to risk, liquidity, and trading characteristics. The fund invests in both US and non-US companies. Despite its large-cap focus, the fund's strategy can lead to investments in small- and mid-cap companies. Before February 26, 2024, the fund traded as Fidelity Growth Opportunities ETF under the ticker FGRO. The fund previously used a semitransparent ETF structure

Grade (RS Rating)

Last Trade

$23.88

Average Daily Volume

45,976

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	FXL	FFLG
30 Days	3.04%	3.09%
60 Days	3.05%	5.70%
90 Days	1.55%	1.09%
12 Months	25.32%	45.65%

24 Overlapping Holdings

Symbol	Grade	Weight in FXL	Weight in FFLG	Overlap
AAPL	C	0.72%	2.2%	0.72%
ADBE	F	0.63%	1.01%	0.63%
AMAT	D	1.1%	0.26%	0.26%
AMD	C	0.3%	1.93%	0.3%
AVGO	C	1.73%	0.04%	0.04%
CRM	C	0.33%	0.77%	0.33%
DDOG	D	0.84%	0.64%	0.64%
DV	F	0.28%	0.23%	0.23%
EPAM	F	1.0%	0.86%	0.86%
GFS	F	0.77%	0.28%	0.28%
GOOGL	D	1.47%	2.8%	1.47%
HUBS	D	0.28%	0.55%	0.28%
INTU	D	0.66%	0.58%	0.58%
JBL	C	1.35%	0.47%	0.47%
META	B	1.84%	5.36%	1.84%
MRVL	D	0.34%	0.8%	0.34%
MSFT	C	0.93%	10.56%	0.93%
NOW	C	1.11%	0.84%	0.84%
NVDA	C	1.58%	7.82%	1.58%
ON	D	1.77%	1.9%	1.77%
ORCL	B	1.12%	0.91%	0.91%
PANW	D	1.3%	0.19%	0.19%
PSTG	F	1.28%	0.15%	0.15%
VRT	C	1.76%	1.2%	1.2%

FXL Overweight 77 Positions Relative to FFLG

Symbol	Grade	Weight
APP	C	2.47%
PLTR	C	2.41%
GDDY	C	1.9%
ARW	B	1.84%
CTSH	B	1.83%
TOST	C	1.73%
AVT	B	1.69%
GWRE	B	1.68%
CNXC	F	1.68%
HCP	A	1.67%
SAIC	C	1.52%
DOX	C	1.47%
HPE	C	1.47%
DXC	D	1.46%
AKAM	D	1.46%
DELL	C	1.41%
SNX	C	1.36%
HPQ	C	1.32%
APH	C	1.28%
APPF	C	1.26%
NTAP	D	1.24%
SWKS	F	1.24%
FFIV	B	1.2%
CRWD	D	1.2%
DNB	D	1.17%
SNPS	F	1.15%
PINS	D	1.15%
SSNC	C	1.15%
PAYC	D	1.14%
IPGP	D	1.11%
TYL	C	1.09%
ZM	C	1.07%
PEGA	B	1.06%
AMKR	F	1.05%
MPWR	B	1.05%
NTNX	D	0.98%
OLED	D	0.95%
KBR	D	0.94%
INTC	D	0.9%
KLAC	D	0.89%
ESTC	F	0.89%
ONTO	C	0.88%
TER	C	0.85%
DASH	B	0.84%
QCOM	D	0.83%
IBM	B	0.82%
MTCH	C	0.8%
IAC	C	0.77%
SMAR	A	0.76%
CACI	B	0.75%
MANH	B	0.74%
DBX	C	0.72%
SMCI	F	0.71%
CRUS	D	0.65%
PTC	C	0.65%
CDNS	D	0.6%
ZS	F	0.59%
MCHP	D	0.57%
ALGM	D	0.56%
OKTA	F	0.53%
LRCX	D	0.49%
CFLT	F	0.46%
S	D	0.38%
IT	C	0.36%
GLW	B	0.36%
TXN	B	0.34%
GLOB	D	0.34%
ADSK	B	0.34%
MSTR	C	0.33%
NET	D	0.32%
CDW	D	0.32%
ADI	C	0.32%
VRSN	C	0.32%
ROP	C	0.31%
LSCC	D	0.3%
DLB	D	0.29%
ENTG	D	0.27%

FXL Underweight 76 Positions Relative to FFLG

Symbol	Grade	Weight
AMZN	C	-5.21%
GOOG	D	-4.66%
UBER	C	-3.45%
TMUS	B	-2.86%
ROKU	D	-2.65%
UNH	C	-2.14%
BSX	B	-1.88%
SQ	D	-1.85%
FLEX	B	-1.84%
NXPI	D	-1.81%
SE	B	-1.73%
V	C	-1.57%
GPN	D	-1.32%
LLY	D	-1.25%
LPLA	D	-1.04%
FND	C	-0.97%
MDB	D	-0.92%
HUM	F	-0.89%
MQ	F	-0.87%
SNAP	D	-0.87%
BA	F	-0.74%
ZI	D	-0.68%
DT	C	-0.67%
CVNA	B	-0.66%
PCG	C	-0.64%
TSM	C	-0.64%
MA	B	-0.59%
CYTK	F	-0.55%
NFLX	B	-0.55%
PEN	D	-0.54%
DLO	F	-0.51%
CNC	D	-0.5%
CEG	C	-0.49%
AGL	F	-0.46%
TMDX	C	-0.46%
TMO	B	-0.42%
BJ	D	-0.4%
PCVX	C	-0.4%
LOW	B	-0.4%
DHR	B	-0.38%
AMT	C	-0.38%
INTA	C	-0.36%
AR	C	-0.34%
LYFT	D	-0.29%
MGNI	D	-0.29%
LITE	B	-0.26%
ACVA	C	-0.25%
ARGX	B	-0.22%
OVV	F	-0.22%
CLDX	F	-0.22%
LULU	D	-0.17%
ETN	C	-0.17%
COHR	C	-0.16%
BE	F	-0.14%
KO	B	-0.14%
APO	B	-0.12%
NUVL	D	-0.11%
MRNA	F	-0.1%
ACN	C	-0.1%
NVO	F	-0.1%
REGN	D	-0.1%
ALNY	C	-0.1%
CHTR	D	-0.09%
ZNTL	D	-0.08%
KROS	C	-0.07%
ALXO	F	-0.06%
SNOW	F	-0.06%
W	C	-0.05%
ANET	C	-0.05%
FSLR	C	-0.05%
VLTO	B	-0.04%
ARM	C	-0.03%
LEN	B	-0.02%
TSLA	C	-0.01%
ASND	C	-0.0%
ALHC	C	-0.0%

FXL: Top Represented Industries & Keywords

Industries: Software - Application Semiconductors Software - Infrastructure Information Technology Services Semiconductor Equipment & Materials Internet Content & Information Computer Systems Data Storage Electronic Components Telecom Services Business Services Communication Equipment Computer Hardware Conglomerates Consumer Electronics Contract Manufacturers Diversified Industrials Electronics & Computer Distribution Electronics Distribution Engineering & Construction