FXL vs. PSET ETF Comparison

Comparison of First Trust Technology AlphaDEX (FXL) to Principal Price Setters Index ETF (PSET)

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

$139.51

Average Daily Volume

20,662

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

PSET

Principal Price Setters Index ETF

PSET Description

The Principal Price Setters Index ETF seeks to provide investment results that closely correspond, before expenses, to the performance of the NASDAQ U.S. Price Setters Index. The ETF employs a passive investment approach designed to track the performance of the Index.

Grade (RS Rating)

Last Trade

$70.91

Average Daily Volume

1,326

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FXL	PSET
30 Days	6.94%	5.55%
60 Days	13.38%	11.66%
90 Days	1.06%	2.97%
12 Months	27.79%	31.46%

23 Overlapping Holdings

Symbol	Grade	Weight in FXL	Weight in PSET	Overlap
AAPL	C	0.72%	5.37%	0.72%
AMAT	C	1.12%	1.35%	1.12%
AMD	C	0.32%	1.39%	0.32%
AVGO	B	1.76%	2.96%	1.76%
CDNS	D	0.58%	1.04%	0.58%
CDW	D	0.31%	0.94%	0.31%
CRM	B	0.33%	1.48%	0.33%
FFIV	B	1.2%	1.14%	1.14%
GOOGL	B	1.49%	0.48%	0.48%
HPE	B	1.58%	1.2%	1.2%
IBM	A	0.84%	1.53%	0.84%
INTU	F	0.62%	1.32%	0.62%
IT	A	0.35%	1.12%	0.35%
JBL	C	1.44%	0.98%	0.98%
KLAC	B	0.88%	1.33%	0.88%
MCHP	F	0.57%	0.96%	0.57%
META	A	1.86%	1.09%	1.09%
MPWR	B	1.05%	1.38%	1.05%
MSFT	D	0.9%	7.87%	0.9%
NTAP	D	1.25%	1.18%	1.18%
NVDA	B	1.61%	4.56%	1.61%
QCOM	D	0.8%	1.39%	0.8%
SNPS	F	1.11%	1.06%	1.06%

FXL Overweight 78 Positions Relative to PSET

Symbol	Grade	Weight
APP	A	2.57%
PLTR	A	2.4%
VRT	B	1.88%
CTSH	B	1.86%
GDDY	B	1.84%
TOST	B	1.8%
ARW	C	1.8%
GWRE	A	1.74%
AVT	B	1.73%
ON	F	1.73%
HCP	A	1.64%
SAIC	A	1.55%
AKAM	D	1.47%
DOX	B	1.45%
DXC	C	1.42%
DELL	C	1.41%
SNX	C	1.36%
HPQ	B	1.34%
PANW	B	1.32%
CNXC	F	1.32%
PSTG	F	1.28%
APH	D	1.27%
APPF	C	1.26%
SWKS	F	1.21%
CRWD	D	1.2%
PINS	D	1.2%
DNB	D	1.16%
IPGP	D	1.15%
ORCL	A	1.13%
PEGA	B	1.13%
SSNC	C	1.11%
ZM	B	1.1%
TYL	D	1.09%
PAYC	D	1.09%
NOW	B	1.06%
AMKR	F	1.0%
EPAM	F	0.99%
INTC	D	0.99%
NTNX	C	0.97%
KBR	A	0.95%
OLED	B	0.93%
ESTC	F	0.88%
ONTO	B	0.88%
DASH	A	0.86%
TER	C	0.84%
DDOG	B	0.83%
SMAR	A	0.82%
MTCH	B	0.81%
CACI	A	0.77%
MANH	A	0.75%
IAC	C	0.75%
DBX	C	0.74%
GFS	F	0.74%
SMCI	F	0.66%
PTC	B	0.65%
CRUS	D	0.64%
ADBE	F	0.61%
ZS	F	0.58%
ALGM	F	0.54%
OKTA	F	0.52%
LRCX	D	0.5%
CFLT	F	0.45%
MSTR	B	0.38%
GLW	C	0.36%
GLOB	D	0.35%
ADSK	B	0.35%
S	C	0.35%
TXN	C	0.33%
VRSN	C	0.33%
MRVL	C	0.32%
ROP	D	0.31%
ADI	B	0.31%
DLB	D	0.3%
NET	D	0.3%
LSCC	D	0.29%
HUBS	D	0.28%
DV	F	0.27%
ENTG	D	0.26%

FXL Underweight 50 Positions Relative to PSET

Symbol	Grade	Weight
AMZN	C	-2.19%
GOOG	B	-1.78%
NFLX	A	-1.78%
ANET	A	-1.52%
TMO	D	-1.52%
BSX	A	-1.46%
TT	A	-1.44%
FI	A	-1.37%
PYPL	A	-1.36%
ACN	B	-1.36%
ETN	B	-1.33%
DHI	C	-1.32%
PHM	C	-1.29%
ZTS	C	-1.27%
SYK	C	-1.24%
ECL	C	-1.21%
KMB	D	-1.19%
CMG	C	-1.16%
ORLY	A	-1.13%
RSG	D	-1.11%
CBOE	B	-1.1%
ITW	C	-1.1%
DOV	C	-1.1%
GWW	B	-1.09%
ALLE	A	-1.08%
KEYS	B	-1.07%
BR	B	-1.06%
A	B	-1.05%
CPAY	A	-1.05%
CHD	D	-1.01%
AOS	C	-1.01%
PPG	D	-1.0%
SYY	D	-1.0%
AME	C	-0.99%
NDSN	C	-0.98%
IQV	F	-0.98%
CPRT	B	-0.98%
SNA	C	-0.98%
ROK	D	-0.98%
APTV	D	-0.96%
VMC	D	-0.96%
FDS	C	-0.95%
MLM	F	-0.94%
IEX	D	-0.89%
SLB	D	-0.89%
WST	D	-0.81%
GPN	F	-0.8%
EW	F	-0.77%
ULTA	D	-0.76%
BRK.A	B	-0.24%

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