FXL vs. SRHQ ETF Comparison

Comparison of First Trust Technology AlphaDEX (FXL) to SRH U.S. Quality ETF (SRHQ)

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

$155.35

Average Daily Volume

17,621

Number of Holdings ^*

102

* may have additional holdings in another (foreign) market

SRHQ

SRH U.S. Quality ETF

SRHQ Description

SRH U.S. Quality ETF is an exchange traded fund launched and managed by Paralel Advisors LLC. The fund is co-managed by Vident Investment Advisory, LLC. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It seeks to track the performance of the SRH U.S. Quality Index, by using full replication technique. SRH U.S. Quality ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$39.31

Average Daily Volume

7,869

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FXL	SRHQ
30 Days	9.72%	5.23%
60 Days	11.70%	5.18%
90 Days	14.15%	7.84%
12 Months	32.14%	32.38%

8 Overlapping Holdings

Symbol	Grade	Weight in FXL	Weight in SRHQ	Overlap
AKAM	F	1.04%	1.2%	1.04%
AVGO	D	1.17%	1.89%	1.17%
CACI	D	0.91%	1.79%	0.91%
DBX	C	1.01%	1.64%	1.01%
DXC	B	1.62%	1.4%	1.4%
GDDY	B	1.4%	2.36%	1.4%
IT	C	0.99%	1.65%	0.99%
JBL	C	1.28%	1.45%	1.28%

FXL Overweight 94 Positions Relative to SRHQ

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	B	1.66%
GFS	C	1.65%
CTSH	B	1.63%
HPE	B	1.62%
PAYC	A	1.6%
META	D	1.57%
SMAR	A	1.57%
IPGP	D	1.57%
DOCU	A	1.53%
AVT	C	1.52%
ON	C	1.44%
FTNT	C	1.44%
NVDA	C	1.43%
ZM	B	1.4%
TWLO	B	1.39%
NOW	B	1.38%
ARW	D	1.35%
AMKR	F	1.32%
SWKS	F	1.32%
ORCL	C	1.3%
DNB	B	1.27%
INTC	C	1.26%
TYL	A	1.25%
HPQ	B	1.21%
CNXC	F	1.21%
DT	C	1.19%
MANH	C	1.18%
DOX	D	1.16%
EPAM	C	1.15%
MSTR	C	1.15%
SNX	C	1.14%
NTNX	B	1.12%
PANW	C	1.08%
RNG	B	1.08%
S	B	1.07%
DELL	C	1.06%
FFIV	A	1.03%
CRUS	F	0.97%
SSNC	A	0.93%
HCP	B	0.93%
AAPL	B	0.91%
QCOM	F	0.9%
NTAP	C	0.89%
DLB	B	0.89%
AMAT	F	0.86%
SAIC	F	0.84%
MTCH	F	0.77%
MPWR	F	0.74%
DAY	A	0.74%
CRM	B	0.72%
DV	C	0.71%
GLOB	B	0.68%
ADSK	B	0.66%
APH	B	0.66%
GOOGL	C	0.63%
ROP	B	0.6%
TXN	D	0.59%
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	F	0.48%
OLED	F	0.47%
ONTO	F	0.47%
TER	F	0.47%
PYCR	C	0.36%
CRWD	B	0.36%
KD	B	0.36%
GTLB	C	0.35%
NET	B	0.34%
DDOG	A	0.34%
WDAY	C	0.33%
ANSS	B	0.32%
GEN	A	0.32%
GLW	B	0.31%
INFA	D	0.3%
APPF	B	0.29%
PSTG	D	0.29%
MSFT	D	0.29%
MU	D	0.28%
ADI	D	0.27%
SMCI	D	0.26%
KLAC	F	0.25%
AMD	F	0.25%
ALGM	D	0.25%
CDW	F	0.24%

FXL Underweight 53 Positions Relative to SRHQ

Symbol	Grade	Weight
CNX	B	-2.49%
UTHR	C	-2.37%
FOXA	C	-2.2%
EME	B	-2.16%
COKE	C	-2.16%
CBRE	B	-2.06%
AIT	B	-2.05%
G	B	-2.05%
CIEN	B	-2.04%
JLL	B	-2.03%
EXTR	C	-2.01%
PYPL	A	-1.91%
NDAQ	A	-1.91%
LDOS	D	-1.83%
BOX	A	-1.81%
TPR	A	-1.8%
UNH	B	-1.8%
CPAY	A	-1.79%
FHI	A	-1.77%
OC	B	-1.77%
SLGN	A	-1.69%
CBOE	B	-1.69%
NVR	D	-1.67%
EXP	B	-1.67%
LH	B	-1.65%
IRDM	C	-1.65%
CAH	B	-1.63%
ORLY	B	-1.63%
HD	A	-1.62%
ENS	D	-1.54%
AZO	C	-1.52%
COR	C	-1.51%
CMCSA	C	-1.5%
MAS	C	-1.48%
KEYS	B	-1.46%
ESNT	D	-1.42%
FUL	D	-1.41%
EEFT	B	-1.4%
UPS	C	-1.38%
J	F	-1.38%
CAG	D	-1.36%
TGT	F	-1.34%
QLYS	C	-1.3%
TKR	D	-1.29%
ASGN	D	-1.24%
NSIT	F	-1.22%
CACC	D	-1.22%
HUM	C	-1.18%
ELV	F	-1.17%
HII	F	-1.02%
PII	F	-1.01%
NSP	F	-1.01%
TNET	D	-1.0%

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