FXL vs. TRFM ETF Comparison

Comparison of First Trust Technology AlphaDEX (FXL) to AAM Transformers ETF (TRFM)

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

$147.56

Average Daily Volume

18,054

Number of Holdings ^*

102

* may have additional holdings in another (foreign) market

TRFM

AAM Transformers ETF

TRFM Description

AAM Transformers ETF is an exchange traded fund launched by ETF Series Solutions. The fund is co-managed by Advisors Asset Management, Inc. and Vident Investment Advisory, LLC. It invests in public equity markets of the United States. It invests in stocks of companies operating across aerospace & defense, electronic components, IT consulting & other services, alternative carriers, electronic equipment & instruments, oil & gas refining & marketing, application software, heavy electrical equipment, independent power and renewable electricity producers, automobile manufacturers, hotels, resorts & cruise lines and leisure, semiconductors and semiconductor equipment, communications equipment, industrial machinery, consumer electronics, interactive home entertainment, specialty chemicals, copper, interactive media & services, systems software, data processing & outsourced services, internet & direct marketing retail, technology hardware and equipment, storage & peripherals, electrical components & equipment, internet services & infrastructure, trucking, communication services, media and entertainment, telecommunication services, diversified telecommunication services, consumer discretionary, automobiles and components, consumer durables and apparel, household durables, consumer services, retailing, energy, oil, gas and consumable fuels, industrials, capital goods, machinery, transportation, road and rail, information technology, software and services, IT services, materials, chemicals, metals and mining, and utilities sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the Pence Transformers Index, by using full replication technique. AAM Transformers ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$37.69

Average Daily Volume

2,673

Number of Holdings ^*

173

* may have additional holdings in another (foreign) market

Performance

Period	FXL	TRFM
30 Days	2.28%	4.57%
60 Days	7.04%	9.86%
90 Days	8.41%	11.91%
12 Months	25.79%	32.28%

42 Overlapping Holdings

Symbol	Grade	Weight in FXL	Weight in TRFM	Overlap
AAPL	C	0.89%	0.79%	0.79%
ADSK	B	0.64%	0.68%	0.64%
ALGM	F	0.27%	0.24%	0.24%
AMD	F	0.26%	0.81%	0.26%
APH	B	0.66%	0.66%	0.66%
APP	A	3.39%	1.83%	1.83%
APPF	C	0.28%	0.27%	0.27%
AVGO	C	1.24%	1.0%	1.0%
CRM	B	0.68%	1.1%	0.68%
CRWD	B	0.34%	0.78%	0.34%
DASH	A	1.83%	0.77%	0.77%
DDOG	B	0.31%	0.65%	0.31%
DT	C	1.15%	0.27%	0.27%
FTNT	B	1.38%	0.71%	0.71%
GFS	C	1.67%	0.58%	0.58%
GLOB	C	0.68%	0.31%	0.31%
GOOGL	B	0.62%	0.93%	0.62%
GTLB	C	0.34%	0.29%	0.29%
HCP	B	0.92%	0.25%	0.25%
IBM	D	0.56%	0.83%	0.56%
IPGP	D	1.72%	0.31%	0.31%
KLAC	F	0.26%	0.5%	0.26%
META	C	1.57%	0.91%	0.91%
MPWR	F	0.96%	0.41%	0.41%
MSFT	D	0.29%	0.83%	0.29%
MU	D	0.31%	0.63%	0.31%
NET	B	0.33%	0.68%	0.33%
NOW	B	1.31%	0.99%	0.99%
NTNX	B	1.09%	0.3%	0.3%
NVDA	B	1.41%	1.12%	1.12%
OLED	F	0.5%	0.23%	0.23%
ONTO	F	0.49%	0.23%	0.23%
ORCL	A	1.29%	1.05%	1.05%
PANW	B	1.05%	0.94%	0.94%
S	C	1.05%	0.32%	0.32%
SMAR	A	1.54%	0.27%	0.27%
SMCI	F	0.34%	0.29%	0.29%
TER	F	0.48%	0.22%	0.22%
TOST	A	2.02%	0.43%	0.43%
TXN	B	0.62%	0.82%	0.62%
TYL	B	1.24%	0.58%	0.58%
WDAY	C	0.3%	0.59%	0.3%

FXL Overweight 60 Positions Relative to TRFM

Symbol	Grade	Weight
PLTR	A	2.39%
VRT	A	1.93%
PEGA	B	1.81%
HPE	B	1.64%
GWRE	A	1.62%
CTSH	B	1.59%
AVT	C	1.59%
DXC	D	1.59%
PAYC	B	1.59%
ON	F	1.48%
DOCU	B	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%
INTC	C	1.3%
TWLO	A	1.29%
CNXC	F	1.24%
DNB	B	1.24%
SNX	C	1.22%
DOX	D	1.22%
HPQ	A	1.19%
MANH	D	1.17%
RNG	C	1.1%
EPAM	B	1.07%
DELL	B	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	A	0.93%
NTAP	D	0.92%
QCOM	F	0.92%
SSNC	C	0.92%
DLB	D	0.9%
AMAT	F	0.87%
DAY	B	0.77%
MTCH	F	0.74%
DV	C	0.67%
KBR	D	0.64%
LSCC	D	0.6%
ROP	C	0.59%
IAC	F	0.58%
VRSN	F	0.56%
U	F	0.53%
MCHP	F	0.53%
KD	A	0.35%
PYCR	C	0.35%
PSTG	F	0.31%
ANSS	B	0.31%
GEN	B	0.31%
GLW	B	0.31%
INFA	D	0.29%
ADI	D	0.28%
CDW	F	0.26%

FXL Underweight 131 Positions Relative to TRFM

Symbol	Grade	Weight
TSLA	A	-1.22%
VST	A	-1.06%
ETN	B	-1.02%
AMZN	B	-0.98%
AXON	A	-0.92%
GEV	B	-0.92%
INTU	B	-0.89%
MA	A	-0.86%
V	A	-0.86%
SHOP	B	-0.84%
RKLB	B	-0.82%
UBER	F	-0.8%
HUBS	B	-0.78%
TEAM	B	-0.77%
SQ	A	-0.76%
ZS	B	-0.74%
ADBE	F	-0.74%
FICO	A	-0.74%
MRVL	B	-0.74%
EMR	A	-0.72%
ANET	C	-0.69%
HWM	A	-0.69%
CPAY	A	-0.67%
SE	B	-0.67%
CDNS	B	-0.67%
SNOW	C	-0.66%
SNPS	C	-0.66%
RBLX	B	-0.66%
AME	A	-0.65%
IOT	B	-0.65%
ABNB	C	-0.64%
TCOM	B	-0.64%
CPNG	D	-0.64%
TTWO	A	-0.63%
HEI	A	-0.6%
PDD	F	-0.6%
RDDT	A	-0.59%
FTV	D	-0.59%
MDB	C	-0.58%
TSM	B	-0.58%
TDG	D	-0.57%
PINS	F	-0.56%
ARM	F	-0.56%
STX	D	-0.55%
LRCX	F	-0.55%
SAP	B	-0.53%
ACN	C	-0.53%
ABBV	F	-0.51%
ZK	C	-0.49%
FSLR	D	-0.48%
MELI	D	-0.48%
BA	F	-0.48%
CLSK	C	-0.47%
CRDO	C	-0.47%
ASML	F	-0.44%
LITE	B	-0.43%
PAY	A	-0.43%
LYFT	B	-0.41%
MARA	C	-0.41%
BILL	A	-0.41%
XPEV	C	-0.4%
GTLS	A	-0.39%
SITM	B	-0.39%
COHR	C	-0.38%
GRAB	A	-0.38%
RBRK	B	-0.37%
CFLT	B	-0.37%
BILI	C	-0.36%
AFRM	A	-0.36%
VERX	B	-0.36%
RMBS	C	-0.36%
GNRC	B	-0.35%
FOUR	A	-0.34%
MTSI	B	-0.34%
PCOR	C	-0.34%
BE	B	-0.34%
SNAP	D	-0.33%
EXLS	B	-0.33%
GLBE	A	-0.33%
GDS	A	-0.33%
NVT	C	-0.32%
CWAN	C	-0.32%
AI	C	-0.32%
ALKT	B	-0.32%
AVAV	C	-0.31%
AGYS	A	-0.31%
HUBB	B	-0.31%
LI	F	-0.31%
FLYW	B	-0.31%
SMTC	C	-0.31%
BMI	C	-0.3%
ERJ	A	-0.3%
PTC	B	-0.3%
PI	D	-0.3%
ITT	A	-0.3%
AEIS	B	-0.3%
MNDY	C	-0.29%
FROG	C	-0.29%
WWD	B	-0.28%
FLNC	D	-0.28%
CLBT	C	-0.28%
DCI	B	-0.28%
CYBR	A	-0.28%
AMBA	B	-0.28%
EVTC	C	-0.28%
BZ	F	-0.28%
NDSN	C	-0.27%
DLO	C	-0.27%
CGNX	D	-0.27%
POWI	D	-0.27%
ORA	B	-0.27%
ASX	D	-0.27%
ENS	D	-0.26%
AY	A	-0.26%
BRZE	C	-0.26%
SYNA	D	-0.26%
ENTG	F	-0.25%
SLAB	F	-0.25%
SPSC	F	-0.25%
STNE	F	-0.24%
FORM	F	-0.24%
AIN	C	-0.24%
RIVN	F	-0.23%
SPR	D	-0.23%
NIO	F	-0.23%
PAGS	F	-0.22%
AES	F	-0.21%
UMC	F	-0.21%
MQ	D	-0.2%
ZETA	D	-0.18%
RUN	F	-0.14%

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

TRFM: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Semiconductors Aerospace & Defense Semiconductor Equipment & Materials Information Technology Services Auto Manufacturers Diversified Industrials Electronic Components Internet Content & Information Scientific & Technical Instruments Business Services Internet Content & Information Specialty Retail Utilities - Independent Power Producers Communication Equipment Credit Services Data Storage Electronic Gaming & Multimedia Internet Retail