FXL vs. SKYU ETF Comparison

Comparison of First Trust Technology AlphaDEX (FXL) to ProShares Ultra Cloud Computing (SKYU)

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

SKYU

ProShares Ultra Cloud Computing

SKYU Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the ISE CTA Cloud Computing Index. The index is comprised of companies classified as cloud computing companies by the CTA. The Advisor expects that its cash balances maintained in connection with the use of financial instruments will typically be held in money market instruments. It invests in common stock issued by public companies. The fund invests in derivatives, which are financial instruments whose value is derived from the value of an underlying asset or assets. It is non-diversified.

Grade (RS Rating)

Last Trade

$38.69

Average Daily Volume

3,366

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FXL	SKYU
30 Days	10.22%	38.02%
60 Days	12.16%	41.98%
90 Days	12.82%	53.59%
12 Months	31.26%	111.13%

27 Overlapping Holdings

Symbol	Grade	Weight in FXL	Weight in SKYU	Overlap
APP	B	3.39%	2.84%	2.84%
APPF	B	0.29%	0.31%	0.29%
CRM	B	0.72%	1.26%	0.72%
CRWD	B	0.36%	0.39%	0.36%
DBX	B	1.01%	0.34%	0.34%
DDOG	A	0.34%	0.34%	0.34%
DELL	C	1.06%	1.08%	1.06%
DOCU	A	1.53%	0.43%	0.43%
GOOGL	C	0.63%	2.04%	0.63%
GTLB	B	0.35%	1.2%	0.35%
HPE	B	1.62%	1.05%	1.05%
IBM	C	0.56%	1.94%	0.56%
MSFT	F	0.29%	1.89%	0.29%
NET	B	0.34%	1.42%	0.34%
NOW	A	1.38%	1.14%	1.14%
NTAP	C	0.89%	0.92%	0.89%
NTNX	A	1.12%	2.11%	1.12%
ORCL	B	1.3%	2.5%	1.3%
PANW	C	1.08%	0.34%	0.34%
PAYC	B	1.6%	0.43%	0.43%
PSTG	D	0.29%	1.81%	0.29%
RNG	B	1.08%	0.83%	0.83%
SMAR	A	1.57%	0.36%	0.36%
TOST	B	2.22%	0.5%	0.5%
TWLO	A	1.39%	1.48%	1.39%
WDAY	B	0.33%	0.32%	0.32%
ZM	B	1.4%	0.38%	0.38%

FXL Overweight 75 Positions Relative to SKYU

Symbol	Grade	Weight
PLTR	B	2.47%
VRT	B	1.89%
DASH	A	1.89%
PEGA	A	1.88%
GWRE	A	1.66%
GFS	C	1.65%
CTSH	B	1.63%
DXC	B	1.62%
META	D	1.57%
IPGP	D	1.57%
AVT	C	1.52%
ON	D	1.44%
FTNT	C	1.44%
NVDA	C	1.43%
GDDY	A	1.4%
ARW	D	1.35%
AMKR	D	1.32%
SWKS	F	1.32%
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%
AVGO	D	1.17%
DOX	D	1.16%
EPAM	C	1.15%
MSTR	C	1.15%
SNX	C	1.14%
S	B	1.07%
AKAM	D	1.04%
FFIV	B	1.03%
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%
DLB	B	0.89%
AMAT	F	0.86%
SAIC	F	0.84%
MTCH	D	0.77%
MPWR	F	0.74%
DAY	B	0.74%
DV	C	0.71%
GLOB	B	0.68%
ADSK	A	0.66%
APH	A	0.66%
ROP	B	0.6%
TXN	C	0.59%
LSCC	D	0.57%
VRSN	F	0.57%
KBR	F	0.55%
IAC	D	0.52%
U	C	0.49%
MCHP	D	0.48%
OLED	D	0.47%
ONTO	D	0.47%
TER	D	0.47%
PYCR	C	0.36%
KD	B	0.36%
ANSS	B	0.32%
GEN	B	0.32%
GLW	B	0.31%
INFA	D	0.3%
MU	D	0.28%
ADI	D	0.27%
SMCI	F	0.26%
KLAC	D	0.25%
AMD	F	0.25%
ALGM	D	0.25%
CDW	F	0.24%

FXL Underweight 33 Positions Relative to SKYU

Symbol	Grade	Weight
LUMN	C	-2.63%
AMZN	C	-2.23%
ANET	C	-2.09%
MDB	C	-1.6%
SHOP	B	-1.45%
CSCO	B	-1.45%
TEAM	A	-1.42%
HUBS	A	-1.32%
CFLT	B	-1.27%
WK	B	-1.12%
FIVN	C	-0.98%
RBRK	A	-0.85%
DOCN	D	-0.8%
WIX	B	-0.69%
SAP	B	-0.65%
APPN	B	-0.56%
QTWO	A	-0.43%
PCTY	B	-0.41%
BL	B	-0.39%
TTD	B	-0.38%
ESTC	C	-0.37%
QLYS	C	-0.37%
INTU	C	-0.36%
SNOW	C	-0.36%
ZUO	B	-0.35%
ASAN	C	-0.33%
ZS	C	-0.33%
BOX	B	-0.33%
VEEV	C	-0.33%
BLKB	B	-0.32%
FSLY	D	-0.32%
OTEX	D	-0.3%
SPT	C	-0.29%

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