FXL vs. XLK ETF Comparison

Comparison of First Trust Technology AlphaDEX (FXL) to SPDR Select Sector Fund - Technology (XLK)

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

XLK

SPDR Select Sector Fund - Technology

XLK Description

The investment seeks investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in The Technology Select Sector Index. In seeking to track the performance of the index, the fund employs a replication strategy, which means that the fund typically invests in substantially all of the securities represented in the index in approximately the same proportions as the index. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$233.60

Average Daily Volume

3,899,973

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FXL	XLK
30 Days	10.22%	2.26%
60 Days	12.16%	5.18%
90 Days	12.82%	4.49%
12 Months	31.26%	27.37%

46 Overlapping Holdings

Symbol	Grade	Weight in FXL	Weight in XLK	Overlap
AAPL	C	0.91%	14.45%	0.91%
ADI	D	0.27%	1.13%	0.27%
ADSK	A	0.66%	0.71%	0.66%
AKAM	D	1.04%	0.14%	0.14%
AMAT	F	0.86%	1.54%	0.86%
AMD	F	0.25%	2.44%	0.25%
ANSS	B	0.32%	0.32%	0.32%
APH	A	0.66%	0.91%	0.66%
AVGO	D	1.17%	4.24%	1.17%
CDW	F	0.24%	0.26%	0.24%
CRM	B	0.72%	3.39%	0.72%
CRWD	B	0.36%	0.86%	0.36%
CTSH	B	1.63%	0.41%	0.41%
DELL	C	1.06%	0.43%	0.43%
EPAM	C	1.15%	0.14%	0.14%
FFIV	B	1.03%	0.15%	0.15%
FTNT	C	1.44%	0.63%	0.63%
GDDY	A	1.4%	0.28%	0.28%
GEN	B	0.32%	0.17%	0.17%
GLW	B	0.31%	0.39%	0.31%
HPE	B	1.62%	0.3%	0.3%
HPQ	B	1.21%	0.4%	0.4%
IBM	C	0.56%	2.08%	0.56%
INTC	D	1.26%	1.15%	1.15%
IT	C	0.99%	0.44%	0.44%
JBL	B	1.28%	0.16%	0.16%
KLAC	D	0.25%	0.91%	0.25%
MCHP	D	0.48%	0.38%	0.38%
MPWR	F	0.74%	0.31%	0.31%
MSFT	F	0.29%	12.88%	0.29%
MU	D	0.28%	1.17%	0.28%
NOW	A	1.38%	2.25%	1.38%
NTAP	C	0.89%	0.27%	0.27%
NVDA	C	1.43%	14.37%	1.43%
ON	D	1.44%	0.31%	0.31%
ORCL	B	1.3%	3.23%	1.3%
PANW	C	1.08%	1.36%	1.08%
PLTR	B	2.47%	1.34%	1.34%
QCOM	F	0.9%	1.99%	0.9%
ROP	B	0.6%	0.64%	0.6%
SMCI	F	0.26%	0.12%	0.12%
SWKS	F	1.32%	0.15%	0.15%
TER	D	0.47%	0.18%	0.18%
TXN	C	0.59%	2.06%	0.59%
TYL	B	1.25%	0.28%	0.28%
VRSN	F	0.57%	0.16%	0.16%

FXL Overweight 56 Positions Relative to XLK

Symbol	Grade	Weight
APP	B	3.39%
TOST	B	2.22%
VRT	B	1.89%
DASH	A	1.89%
PEGA	A	1.88%
GWRE	A	1.66%
GFS	C	1.65%
DXC	B	1.62%
PAYC	B	1.6%
META	D	1.57%
SMAR	A	1.57%
IPGP	D	1.57%
DOCU	A	1.53%
AVT	C	1.52%
ZM	B	1.4%
TWLO	A	1.39%
ARW	D	1.35%
AMKR	D	1.32%
DNB	B	1.27%
CNXC	F	1.21%
DT	C	1.19%
MANH	D	1.18%
DOX	D	1.16%
MSTR	C	1.15%
SNX	C	1.14%
NTNX	A	1.12%
RNG	B	1.08%
S	B	1.07%
DBX	B	1.01%
CRUS	D	0.97%
SSNC	B	0.93%
HCP	B	0.93%
CACI	D	0.91%
DLB	B	0.89%
SAIC	F	0.84%
MTCH	D	0.77%
DAY	B	0.74%
DV	C	0.71%
GLOB	B	0.68%
GOOGL	C	0.63%
LSCC	D	0.57%
KBR	F	0.55%
IAC	D	0.52%
U	C	0.49%
OLED	D	0.47%
ONTO	D	0.47%
PYCR	C	0.36%
KD	B	0.36%
GTLB	B	0.35%
NET	B	0.34%
DDOG	A	0.34%
WDAY	B	0.33%
INFA	D	0.3%
APPF	B	0.29%
PSTG	D	0.29%
ALGM	D	0.25%

FXL Underweight 22 Positions Relative to XLK

Symbol	Grade	Weight
CSCO	B	-2.51%
ADBE	C	-2.41%
ACN	C	-2.4%
INTU	C	-2.06%
ANET	C	-1.04%
LRCX	F	-1.0%
MSI	B	-0.89%
CDNS	B	-0.88%
SNPS	B	-0.87%
FICO	B	-0.61%
NXPI	D	-0.61%
KEYS	A	-0.29%
PTC	A	-0.25%
TDY	B	-0.24%
FSLR	F	-0.23%
WDC	D	-0.23%
ZBRA	B	-0.22%
STX	D	-0.22%
TRMB	B	-0.19%
JNPR	F	-0.13%
ENPH	F	-0.09%
QRVO	F	-0.07%

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