FXN vs. XLE ETF Comparison

Comparison of First Trust Energy AlphaDEX Fund (FXN) to SPDR Select Sector Fund - Energy Select Sector (XLE)

FXN

First Trust Energy AlphaDEX Fund

FXN Description

The investment seeks results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant(R) Energy 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 energy 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

$17.33

Average Daily Volume

1,724,089

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XLE

SPDR Select Sector Fund - Energy Select Sector

XLE Description

The investment seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in The Energy Select Sector Index. In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies from the following industries: oil, gas & consumable fuels; and energy equipment & services. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$93.18

Average Daily Volume

15,162,356

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FXN	XLE
30 Days	5.72%	7.03%
60 Days	6.30%	8.68%
90 Days	-2.36%	4.27%
12 Months	7.99%	13.10%

21 Overlapping Holdings

Symbol	Grade	Weight in FXN	Weight in XLE	Overlap
APA	F	3.18%	0.68%	0.68%
BKR	B	0.95%	2.69%	0.95%
COP	D	2.62%	7.56%	2.62%
CTRA	D	3.3%	1.33%	1.33%
CVX	B	3.49%	15.49%	3.49%
DVN	F	3.06%	1.84%	1.84%
EOG	B	3.68%	4.45%	3.68%
EQT	C	2.68%	1.63%	1.63%
FANG	D	3.26%	2.42%	2.42%
HAL	D	2.42%	1.92%	1.92%
KMI	A	2.07%	3.2%	2.07%
MPC	D	2.61%	4.09%	2.61%
MRO	B	3.51%	1.12%	1.12%
OKE	A	1.03%	3.99%	1.03%
OXY	D	1.54%	2.6%	1.54%
PSX	D	2.58%	4.13%	2.58%
SLB	D	1.67%	4.47%	1.67%
TRGP	A	2.13%	2.43%	2.13%
VLO	F	4.0%	3.24%	3.24%
WMB	A	0.99%	4.17%	0.99%
XOM	A	2.85%	23.3%	2.85%

FXN Overweight 18 Positions Relative to XLE

Symbol	Grade	Weight
CHK	C	4.52%
OVV	D	3.92%
NOV	F	3.88%
MTDR	D	3.86%
DINO	F	3.78%
CHRD	F	3.58%
CIVI	F	3.49%
WFRD	F	2.59%
RRC	D	2.52%
PR	D	2.36%
DTM	A	2.02%
LNG	A	1.89%
TPL	A	1.15%
FSLR	C	0.97%
FTI	B	0.96%
AM	A	0.94%
AR	C	0.8%
NFE	F	0.8%

FXN Underweight 1 Positions Relative to XLE

	Symbol	Grade	Weight
	HES	D	-2.81%