FXL vs. FFLV ETF Comparison

Comparison of First Trust Technology AlphaDEX (FXL) to Fidelity Fundamental Large Cap Value ETF (FFLV)

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

$153.11

Average Daily Volume

17,215

Number of Holdings ^*

102

* may have additional holdings in another (foreign) market

FFLV

Fidelity Fundamental Large Cap Value ETF

FFLV Description

The fund will normally invest at least 80% of the fund"s assets in equity securities of companies with large market capitalizations (which, for purposes of this fund, are those companies with market capitalizations similar to companies in the Russell 1000® Index or the S&P 500® Index). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$22.94

Average Daily Volume

878

Number of Holdings ^*

108

* may have additional holdings in another (foreign) market

Performance

Period	FXL	FFLV
30 Days	7.01%	3.62%
60 Days	10.63%	5.11%
90 Days	10.92%	5.96%
12 Months	29.05%

7 Overlapping Holdings

Symbol	Grade	Weight in FXL	Weight in FFLV	Overlap
CNXC	F	1.21%	0.67%	0.67%
DOX	D	1.16%	0.84%	0.84%
GDDY	A	1.4%	0.7%	0.7%
GEN	B	0.32%	0.83%	0.32%
HPQ	B	1.21%	0.47%	0.47%
MCHP	F	0.48%	0.94%	0.48%
SNX	D	1.14%	0.61%	0.61%

FXL Overweight 95 Positions Relative to FFLV

Symbol	Grade	Weight
APP	B	3.39%
PLTR	B	2.47%
TOST	B	2.22%
VRT	B	1.89%
DASH	B	1.89%
PEGA	B	1.88%
GWRE	A	1.66%
GFS	C	1.65%
CTSH	B	1.63%
HPE	B	1.62%
DXC	B	1.62%
PAYC	B	1.6%
META	D	1.57%
SMAR	B	1.57%
IPGP	D	1.57%
DOCU	B	1.53%
AVT	C	1.52%
ON	D	1.44%
FTNT	C	1.44%
NVDA	B	1.43%
ZM	C	1.4%
TWLO	A	1.39%
NOW	A	1.38%
ARW	D	1.35%
AMKR	D	1.32%
SWKS	F	1.32%
ORCL	A	1.3%
JBL	C	1.28%
DNB	B	1.27%
INTC	C	1.26%
TYL	B	1.25%
DT	D	1.19%
MANH	D	1.18%
AVGO	D	1.17%
EPAM	B	1.15%
MSTR	B	1.15%
NTNX	B	1.12%
PANW	B	1.08%
RNG	C	1.08%
S	B	1.07%
DELL	B	1.06%
AKAM	D	1.04%
FFIV	B	1.03%
DBX	B	1.01%
IT	C	0.99%
CRUS	D	0.97%
SSNC	B	0.93%
HCP	B	0.93%
CACI	D	0.91%
AAPL	C	0.91%
QCOM	F	0.9%
NTAP	C	0.89%
DLB	B	0.89%
AMAT	F	0.86%
SAIC	F	0.84%
MTCH	D	0.77%
MPWR	F	0.74%
DAY	B	0.74%
CRM	B	0.72%
DV	C	0.71%
GLOB	B	0.68%
ADSK	A	0.66%
APH	A	0.66%
GOOGL	C	0.63%
ROP	B	0.6%
TXN	C	0.59%
LSCC	D	0.57%
VRSN	C	0.57%
IBM	C	0.56%
KBR	F	0.55%
IAC	F	0.52%
U	C	0.49%
OLED	F	0.47%
ONTO	F	0.47%
TER	F	0.47%
PYCR	B	0.36%
CRWD	B	0.36%
KD	B	0.36%
GTLB	B	0.35%
NET	B	0.34%
DDOG	A	0.34%
WDAY	B	0.33%
ANSS	B	0.32%
GLW	B	0.31%
INFA	D	0.3%
APPF	B	0.29%
PSTG	D	0.29%
MSFT	D	0.29%
MU	D	0.28%
ADI	D	0.27%
SMCI	F	0.26%
KLAC	F	0.25%
AMD	F	0.25%
ALGM	D	0.25%
CDW	F	0.24%

FXL Underweight 101 Positions Relative to FFLV

Symbol	Grade	Weight
XOM	B	-4.54%
JPM	A	-4.36%
CSCO	B	-3.48%
WFC	A	-3.09%
HIG	B	-2.6%
BAC	A	-2.34%
CMCSA	B	-2.31%
UNH	B	-2.23%
TRV	B	-2.2%
JNJ	C	-2.03%
ELV	F	-1.96%
KVUE	A	-1.95%
JCI	B	-1.84%
FDX	B	-1.7%
PLD	F	-1.66%
CI	D	-1.59%
EIX	B	-1.58%
USFD	A	-1.49%
PCG	A	-1.49%
ALSN	B	-1.38%
APO	B	-1.37%
WELL	A	-1.32%
SJM	D	-1.24%
CVS	D	-1.21%
AZN	F	-1.09%
BRK.A	B	-1.04%
WLK	D	-1.01%
RJF	A	-1.01%
TKR	D	-0.99%
CNC	D	-0.96%
SRE	A	-0.89%
COR	B	-0.88%
MRK	D	-0.88%
AFG	A	-0.87%
TSM	B	-0.86%
TRGP	A	-0.84%
GPK	C	-0.82%
KDP	F	-0.8%
UHAL	D	-0.8%
CB	C	-0.76%
ORI	A	-0.75%
RRX	B	-0.69%
LMT	D	-0.68%
FLR	B	-0.68%
TPX	B	-0.67%
PSA	C	-0.65%
LW	C	-0.65%
BCO	F	-0.6%
WCC	B	-0.58%
XPO	B	-0.58%
LOW	C	-0.58%
BC	C	-0.58%
KO	D	-0.57%
CG	B	-0.56%
AES	F	-0.54%
ALLY	C	-0.54%
CEG	C	-0.52%
KEY	B	-0.52%
SW	A	-0.47%
VST	A	-0.46%
UFPI	C	-0.46%
GMS	B	-0.46%
GPN	B	-0.44%
LAD	A	-0.43%
IPG	D	-0.42%
APTV	F	-0.39%
FAF	A	-0.38%
GTES	A	-0.38%
DOOO	F	-0.37%
LPX	B	-0.36%
OLN	F	-0.33%
HRI	C	-0.32%
CC	C	-0.31%
AAP	D	-0.31%
DAR	C	-0.31%
HOG	D	-0.3%
LITE	B	-0.29%
SLM	A	-0.28%
CPT	B	-0.28%
MDU	D	-0.27%
HRB	D	-0.27%
UPBD	B	-0.26%
G	B	-0.26%
BG	D	-0.25%
OMF	A	-0.24%
PM	B	-0.22%
NXST	C	-0.22%
VSTS	C	-0.22%
CIEN	C	-0.22%
TEX	F	-0.21%
AR	B	-0.2%
COMP	B	-0.2%
SIG	B	-0.2%
TPR	B	-0.17%
SNY	F	-0.17%
CCI	C	-0.14%
MOH	F	-0.13%
EWBC	A	-0.13%
FCNCA	A	-0.12%
WBS	A	-0.11%
FTRE	D	-0.07%

FXL: Top Represented Industries & Keywords

Industries: Software - Application Semiconductors Software - Infrastructure Information Technology Services Internet Content & Information Semiconductor Equipment & Materials 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