FXL vs. QNXT ETF Comparison

Comparison of First Trust Technology AlphaDEX (FXL) to iShares Nasdaq-100 ex Top 30 ETF (QNXT)

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

$151.43

Average Daily Volume

17,215

Number of Holdings ^*

102

* may have additional holdings in another (foreign) market

QNXT

iShares Nasdaq-100 ex Top 30 ETF

QNXT Description

Grade (RS Rating)

Last Trade

$25.57

Average Daily Volume

15,600

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FXL	QNXT
30 Days	7.01%
60 Days	10.63%
90 Days	10.92%
12 Months	29.05%

17 Overlapping Holdings

Symbol	Grade	Weight in FXL	Weight in QNXT	Overlap
ADSK	A	0.66%	1.76%	0.66%
ANSS	B	0.32%	0.8%	0.32%
CDW	F	0.24%	0.65%	0.24%
CRWD	B	0.36%	2.15%	0.36%
CTSH	B	1.63%	1.05%	1.05%
DASH	B	1.89%	1.78%	1.78%
DDOG	A	0.34%	1.07%	0.34%
FTNT	C	1.44%	1.97%	1.44%
GFS	C	1.65%	0.62%	0.62%
INTC	C	1.26%	2.85%	1.26%
KLAC	F	0.25%	2.26%	0.25%
MCHP	F	0.48%	0.92%	0.48%
MU	D	0.28%	2.92%	0.28%
ON	D	1.44%	0.76%	0.76%
ROP	B	0.6%	1.61%	0.6%
SMCI	F	0.26%	0.3%	0.26%
WDAY	B	0.33%	1.51%	0.33%

FXL Overweight 85 Positions Relative to QNXT

Symbol	Grade	Weight
APP	B	3.39%
PLTR	B	2.47%
TOST	B	2.22%
VRT	B	1.89%
PEGA	B	1.88%
GWRE	A	1.66%
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%
NVDA	B	1.43%
GDDY	A	1.4%
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%
TYL	B	1.25%
HPQ	B	1.21%
CNXC	F	1.21%
DT	D	1.19%
MANH	D	1.18%
AVGO	D	1.17%
DOX	D	1.16%
EPAM	B	1.15%
MSTR	B	1.15%
SNX	D	1.14%
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%
APH	A	0.66%
GOOGL	C	0.63%
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%
KD	B	0.36%
GTLB	B	0.35%
NET	B	0.34%
GEN	B	0.32%
GLW	B	0.31%
INFA	D	0.3%
APPF	B	0.29%
PSTG	D	0.29%
MSFT	D	0.29%
ADI	D	0.27%
AMD	F	0.25%
ALGM	D	0.25%

FXL Underweight 47 Positions Relative to QNXT

Symbol	Grade	Weight
SBUX	A	-3.05%
GILD	C	-3.01%
MELI	C	-2.61%
LRCX	F	-2.49%
PYPL	B	-2.4%
CTAS	B	-2.37%
MDLZ	F	-2.36%
SNPS	B	-2.19%
CDNS	B	-2.17%
MAR	A	-2.15%
MRVL	B	-2.08%
ORLY	B	-1.93%
CEG	C	-1.92%
CSX	C	-1.86%
PCAR	B	-1.61%
ABNB	C	-1.6%
CHTR	C	-1.52%
NXPI	D	-1.51%
CPRT	B	-1.49%
TTD	B	-1.45%
PAYX	B	-1.41%
AEP	C	-1.4%
MNST	C	-1.39%
FAST	B	-1.28%
ROST	D	-1.28%
ODFL	C	-1.26%
KDP	F	-1.18%
EA	A	-1.17%
BKR	A	-1.17%
VRSK	A	-1.09%
EXC	C	-1.07%
XEL	A	-1.06%
TEAM	A	-1.05%
LULU	C	-1.03%
KHC	F	-1.03%
GEHC	D	-1.02%
IDXX	F	-0.95%
FANG	C	-0.86%
TTWO	A	-0.85%
DXCM	C	-0.83%
ZS	B	-0.83%
CSGP	D	-0.8%
BIIB	F	-0.64%
WBD	B	-0.62%
ILMN	C	-0.59%
MDB	B	-0.57%
MRNA	F	-0.39%

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