FXL vs. PSI ETF Comparison

Comparison of First Trust Technology AlphaDEX (FXL) to PowerShares Dynamic Semiconductors (PSI)

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

$154.02

Average Daily Volume

17,257

Number of Holdings ^*

102

* may have additional holdings in another (foreign) market

PSI

PowerShares Dynamic Semiconductors

PSI Description

The PowerShares Dynamic Semiconductors Portfolio (Fund) is based on the Dynamic Semiconductor IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intelldiex Index is designed to provide capital appreciation by thoroughly evaluating companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 30 US semiconductors companies. These are companies that are principally engaged in the manufacture of semiconductors. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$57.29

Average Daily Volume

96,493

Number of Holdings ^*

26

* may have additional holdings in another (foreign) market

Performance

Period	FXL	PSI
30 Days	10.22%	0.61%
60 Days	12.16%	2.34%
90 Days	12.82%	-3.40%
12 Months	31.26%	28.52%

13 Overlapping Holdings

	Symbol	Grade	Weight in FXL	Weight in PSI	Overlap
	ADI	D	0.27%	4.77%	0.27%
	AMAT	F	0.86%	4.6%	0.86%
	AMKR	D	1.32%	2.21%	1.32%
	AVGO	D	1.17%	5.41%	1.17%
	CRUS	D	0.97%	2.03%	0.97%
	KLAC	D	0.25%	2.2%	0.25%
	MPWR	F	0.74%	1.79%	0.74%
	MU	D	0.28%	5.25%	0.28%
	NVDA	C	1.43%	5.76%	1.43%
	ONTO	D	0.47%	2.21%	0.47%
	QCOM	F	0.9%	4.99%	0.9%
	SWKS	F	1.32%	2.24%	1.32%
	TXN	C	0.59%	5.19%	0.59%

FXL Overweight 89 Positions Relative to PSI

	Symbol	Grade	Weight
	APP	B	3.39%
	PLTR	B	2.47%
	TOST	B	2.22%
	VRT	B	1.89%
	DASH	A	1.89%
	PEGA	A	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	A	1.57%
	IPGP	D	1.57%
	DOCU	A	1.53%
	AVT	C	1.52%
	ON	D	1.44%
	FTNT	C	1.44%
	GDDY	A	1.4%
	ZM	B	1.4%
	TWLO	A	1.39%
	NOW	A	1.38%
	ARW	D	1.35%
	ORCL	B	1.3%
	JBL	B	1.28%
	DNB	B	1.27%
	INTC	D	1.26%
	TYL	B	1.25%
	HPQ	B	1.21%
	CNXC	F	1.21%
	DT	C	1.19%
	MANH	D	1.18%
	DOX	D	1.16%
	EPAM	C	1.15%
	MSTR	C	1.15%
	SNX	C	1.14%
	NTNX	A	1.12%
	PANW	C	1.08%
	RNG	B	1.08%
	S	B	1.07%
	DELL	C	1.06%
	AKAM	D	1.04%
	FFIV	B	1.03%
	DBX	B	1.01%
	IT	C	0.99%
	SSNC	B	0.93%
	HCP	B	0.93%
	CACI	D	0.91%
	AAPL	C	0.91%
	NTAP	C	0.89%
	DLB	B	0.89%
	SAIC	F	0.84%
	MTCH	D	0.77%
	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%
	LSCC	D	0.57%
	VRSN	F	0.57%
	IBM	C	0.56%
	KBR	F	0.55%
	IAC	D	0.52%
	U	C	0.49%
	MCHP	D	0.48%
	OLED	D	0.47%
	TER	D	0.47%
	PYCR	C	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%
	GEN	B	0.32%
	GLW	B	0.31%
	INFA	D	0.3%
	APPF	B	0.29%
	PSTG	D	0.29%
	MSFT	F	0.29%
	SMCI	F	0.26%
	AMD	F	0.25%
	ALGM	D	0.25%
	CDW	F	0.24%

FXL Underweight 13 Positions Relative to PSI

	Symbol	Grade	Weight
	LRCX	F	-4.53%
	SMTC	B	-3.45%
	MTSI	B	-3.39%
	PI	D	-3.07%
	ACMR	F	-2.88%
	PLAB	C	-2.87%
	ICHR	C	-2.85%
	UCTT	D	-2.72%
	MKSI	C	-2.62%
	NXPI	D	-2.5%
	ENTG	D	-2.48%
	AOSL	C	-2.34%
	FORM	D	-2.15%

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

Keywords: S&P 500 Computing Nasdaq 100 Cloud Computing Semiconductor Integrated Circuits Work From Home Cloud Infrastructure Electronics Software Software As A Service Mobile Devices Operating System Smartphones Software Development Artificial Intelligence Business Intelligence Electronic Engineering Fabless Semiconductor Companies Information And Communications Technology

PSI: Top Represented Industries & Keywords

Industries: Semiconductors Semiconductor Equipment & Materials Electronic Components Scientific & Technical Instruments Semiconductor Memory

Keywords: Semiconductor Integrated Circuits S&P 500 Nasdaq 100 Semiconductor Device Fabrication Electronic Engineering Electronics Computing Fabless Semiconductor Companies Electrical Engineering Manufacturing Process Power Management Semiconductor Devices Transistor Wafer Chemical Mechanical Planarization Consumer Applications Consumer Electronics Electromagnetism Flat Panel Display