FXL vs. MMLG ETF Comparison

Comparison of First Trust Technology AlphaDEX (FXL) to First Trust Multi-Manager Large Growth ETF (MMLG)

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

$149.30

Average Daily Volume

17,511

Number of Holdings ^*

102

* may have additional holdings in another (foreign) market

MMLG

First Trust Multi-Manager Large Growth ETF

MMLG Description

The investment seeks to provide long-term capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets in equity securities issued by large capitalization companies. Its portfolio will be principally composed of common stocks issued by companies domiciled in the United States, common stocks issued by non-U.S. companies that are principally traded in the United States and ADR. The fund utilizes a multi-manager approach to provide exposure to the large capitalization growth segment of the equity market through the blending of multiple portfolio management teams. It is non-diversified.

Grade (RS Rating)

Last Trade

$30.44

Average Daily Volume

11,315

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FXL	MMLG
30 Days	5.05%	3.91%
60 Days	12.78%	10.05%
90 Days	11.94%	10.56%
12 Months	29.51%	38.09%

17 Overlapping Holdings

Symbol	Grade	Weight in FXL	Weight in MMLG	Overlap
AAPL	C	0.89%	4.63%	0.89%
APH	B	0.66%	0.69%	0.66%
AVGO	C	1.24%	2.07%	1.24%
CDW	F	0.26%	0.4%	0.26%
CRM	B	0.68%	0.73%	0.68%
DASH	A	1.83%	1.24%	1.24%
DDOG	B	0.31%	2.13%	0.31%
GOOGL	B	0.62%	2.94%	0.62%
KLAC	F	0.26%	0.61%	0.26%
META	B	1.57%	4.43%	1.57%
MSFT	C	0.29%	7.36%	0.29%
NET	B	0.33%	0.54%	0.33%
NOW	A	1.31%	4.14%	1.31%
NVDA	B	1.41%	10.07%	1.41%
ROP	A	0.59%	0.31%	0.31%
TXN	C	0.62%	0.59%	0.59%
WDAY	B	0.3%	0.41%	0.3%

FXL Overweight 85 Positions Relative to MMLG

Symbol	Grade	Weight
APP	B	3.39%
PLTR	B	2.39%
TOST	A	2.02%
VRT	B	1.93%
PEGA	A	1.81%
IPGP	C	1.72%
GFS	C	1.67%
HPE	B	1.64%
GWRE	A	1.62%
CTSH	A	1.59%
AVT	C	1.59%
DXC	B	1.59%
PAYC	B	1.59%
SMAR	A	1.54%
ON	F	1.48%
DOCU	B	1.48%
SWKS	F	1.38%
FTNT	B	1.38%
ARW	F	1.38%
ZM	B	1.36%
AMKR	F	1.36%
JBL	C	1.32%
GDDY	A	1.32%
INTC	C	1.3%
ORCL	A	1.29%
TWLO	A	1.29%
CNXC	F	1.24%
TYL	B	1.24%
DNB	B	1.24%
SNX	C	1.22%
DOX	C	1.22%
HPQ	B	1.19%
MANH	C	1.17%
DT	C	1.15%
RNG	B	1.1%
NTNX	B	1.09%
EPAM	B	1.07%
PANW	A	1.05%
S	B	1.05%
DELL	B	1.04%
AKAM	F	1.03%
CACI	C	1.03%
SAIC	C	1.0%
FFIV	A	1.0%
IT	A	0.99%
CRUS	F	0.97%
DBX	B	0.97%
MPWR	F	0.96%
MSTR	B	0.93%
NTAP	D	0.92%
QCOM	F	0.92%
HCP	A	0.92%
SSNC	C	0.92%
DLB	C	0.9%
AMAT	F	0.87%
DAY	C	0.77%
MTCH	F	0.74%
GLOB	B	0.68%
DV	C	0.67%
KBR	B	0.64%
ADSK	A	0.64%
LSCC	D	0.6%
IAC	F	0.58%
VRSN	C	0.56%
IBM	C	0.56%
U	F	0.53%
MCHP	F	0.53%
OLED	F	0.5%
ONTO	F	0.49%
TER	F	0.48%
KD	A	0.35%
PYCR	B	0.35%
GTLB	B	0.34%
CRWD	B	0.34%
SMCI	F	0.34%
PSTG	D	0.31%
ANSS	B	0.31%
GEN	A	0.31%
MU	D	0.31%
GLW	C	0.31%
INFA	D	0.29%
APPF	B	0.28%
ADI	F	0.28%
ALGM	F	0.27%
AMD	F	0.26%

FXL Underweight 58 Positions Relative to MMLG

Symbol	Grade	Weight
AMZN	A	-7.11%
NFLX	A	-2.49%
SHOP	A	-2.18%
TEAM	B	-2.08%
NU	B	-1.9%
SE	B	-1.87%
LLY	F	-1.69%
SPOT	A	-1.61%
SQ	B	-1.59%
ASML	F	-1.59%
MA	B	-1.5%
UBER	F	-1.48%
IOT	B	-1.38%
DXCM	C	-1.31%
ENTG	D	-1.21%
V	A	-1.13%
EW	D	-1.11%
OKTA	C	-1.11%
ICE	D	-1.06%
RARE	D	-0.99%
MRK	F	-0.86%
RBLX	B	-0.83%
FND	F	-0.79%
CMG	B	-0.75%
UNH	B	-0.72%
LRCX	F	-0.69%
MSI	B	-0.63%
ACN	C	-0.63%
ORLY	A	-0.62%
SNOW	C	-0.62%
ADBE	C	-0.61%
TJX	B	-0.6%
GOOG	B	-0.57%
SHW	A	-0.56%
INTU	A	-0.55%
RSG	A	-0.48%
LYV	B	-0.47%
AXP	B	-0.46%
DE	D	-0.46%
IR	A	-0.42%
BSX	A	-0.42%
STZ	D	-0.41%
TMO	F	-0.4%
TSLA	B	-0.39%
CB	C	-0.37%
RTX	C	-0.37%
CDNS	B	-0.37%
NKE	F	-0.37%
ABNB	C	-0.36%
KKR	B	-0.36%
MNST	B	-0.35%
ACGL	D	-0.35%
EQIX	B	-0.34%
ABT	C	-0.33%
EL	F	-0.33%
VEEV	B	-0.3%
VST	B	-0.25%
FANG	D	-0.19%

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