FXL vs. PWB ETF Comparison

Comparison of First Trust Technology AlphaDEX (FXL) to PowerShares Dynamic LargeCap Growth (PWB)

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

$146.18

Average Daily Volume

18,047

Number of Holdings ^*

102

* may have additional holdings in another (foreign) market

PWB

PowerShares Dynamic LargeCap Growth

PWB Description

The PowerShares Dynamic Large Cap Growth Portfolio (Fund) is based on the Dynamic Large Cap Growth IntellidexSM Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index seeks to provide capital appreciation while maintaining consistent stylistically accurate exposure. The Style Intellidexes apply a rigorous 10-factor style isolation process to objectively segregate companies into their appropriate investment style and size universe. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$102.27

Average Daily Volume

18,724

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FXL	PWB
30 Days	2.78%	1.44%
60 Days	9.04%	6.08%
90 Days	8.67%	8.33%
12 Months	26.50%	39.01%

12 Overlapping Holdings

Symbol	Grade	Weight in FXL	Weight in PWB	Overlap
AAPL	C	0.89%	3.06%	0.89%
AMAT	F	0.87%	1.3%	0.87%
APH	B	0.66%	1.46%	0.66%
CRM	A	0.68%	3.6%	0.68%
FTNT	A	1.38%	1.45%	1.38%
GOOGL	B	0.62%	3.36%	0.62%
KLAC	F	0.26%	1.11%	0.26%
META	C	1.57%	3.49%	1.57%
MPWR	F	0.96%	1.08%	0.96%
MSFT	D	0.29%	3.15%	0.29%
NVDA	B	1.41%	3.56%	1.41%
ORCL	A	1.29%	4.12%	1.29%

FXL Overweight 90 Positions Relative to PWB

Symbol	Grade	Weight
APP	A	3.39%
PLTR	A	2.39%
TOST	A	2.02%
VRT	A	1.93%
DASH	B	1.83%
PEGA	B	1.81%
IPGP	D	1.72%
GFS	C	1.67%
HPE	B	1.64%
GWRE	B	1.62%
CTSH	B	1.59%
AVT	C	1.59%
DXC	C	1.59%
PAYC	B	1.59%
SMAR	A	1.54%
ON	F	1.48%
DOCU	A	1.48%
SWKS	F	1.38%
ARW	D	1.38%
ZM	B	1.36%
AMKR	F	1.36%
JBL	C	1.32%
GDDY	A	1.32%
NOW	B	1.31%
INTC	C	1.3%
TWLO	A	1.29%
CNXC	F	1.24%
AVGO	C	1.24%
TYL	B	1.24%
DNB	B	1.24%
SNX	D	1.22%
DOX	D	1.22%
HPQ	B	1.19%
MANH	D	1.17%
DT	C	1.15%
RNG	B	1.1%
NTNX	A	1.09%
EPAM	B	1.07%
PANW	B	1.05%
S	B	1.05%
DELL	C	1.04%
AKAM	F	1.03%
CACI	C	1.03%
SAIC	D	1.0%
FFIV	B	1.0%
IT	B	0.99%
CRUS	F	0.97%
DBX	C	0.97%
MSTR	B	0.93%
NTAP	D	0.92%
QCOM	F	0.92%
HCP	B	0.92%
SSNC	D	0.92%
DLB	D	0.9%
DAY	B	0.77%
MTCH	F	0.74%
GLOB	C	0.68%
DV	C	0.67%
KBR	D	0.64%
ADSK	B	0.64%
TXN	C	0.62%
LSCC	D	0.6%
ROP	C	0.59%
IAC	D	0.58%
VRSN	D	0.56%
IBM	D	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	C	0.35%
GTLB	B	0.34%
CRWD	B	0.34%
SMCI	F	0.34%
NET	C	0.33%
PSTG	F	0.31%
ANSS	B	0.31%
GEN	B	0.31%
MU	D	0.31%
GLW	B	0.31%
DDOG	B	0.31%
WDAY	B	0.3%
INFA	F	0.29%
APPF	C	0.28%
ADI	D	0.28%
ALGM	F	0.27%
CDW	F	0.26%
AMD	F	0.26%

FXL Underweight 38 Positions Relative to PWB

Symbol	Grade	Weight
AMZN	B	-3.72%
NFLX	A	-3.51%
TMUS	A	-3.48%
V	A	-3.46%
MA	A	-3.34%
COST	B	-3.08%
ADBE	F	-2.7%
LLY	F	-2.56%
FICO	A	-1.67%
BKNG	A	-1.66%
ANET	C	-1.64%
KKR	A	-1.62%
CEG	D	-1.62%
GWW	A	-1.61%
ETN	A	-1.6%
PWR	A	-1.56%
SPOT	A	-1.55%
HWM	A	-1.51%
IR	A	-1.5%
AXP	A	-1.48%
HLT	A	-1.48%
TT	A	-1.47%
CTAS	B	-1.44%
MSI	A	-1.43%
BSX	B	-1.43%
SCCO	F	-1.42%
TDG	D	-1.39%
WM	B	-1.38%
GD	D	-1.38%
PGR	B	-1.37%
NU	C	-1.36%
ALL	A	-1.35%
RSG	B	-1.32%
ECL	D	-1.3%
SPGI	C	-1.29%
MCO	C	-1.26%
MELI	D	-1.14%
CL	D	-1.13%

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