FXO vs. FDLO ETF Comparison

Comparison of First Trust Financials AlphaDEX (FXO) to Fidelity Low Volatility Factor ETF (FDLO)

FXO

First Trust Financials AlphaDEX

FXO 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) Financials 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 financial services 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

$50.67

Average Daily Volume

54,938

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

FDLO

Fidelity Low Volatility Factor ETF

FDLO Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Low Volatility Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Low Volatility Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with lower volatility than the broader market.

Grade (RS Rating)

Last Trade

$61.05

Average Daily Volume

92,480

Number of Holdings ^*

125

* may have additional holdings in another (foreign) market

Performance

Period	FXO	FDLO
30 Days	-1.01%	1.11%
60 Days	6.61%	5.71%
90 Days	10.25%	6.93%
12 Months	39.67%	27.71%

10 Overlapping Holdings

Symbol	Grade	Weight in FXO	Weight in FDLO	Overlap
AIZ	A	0.66%	0.55%	0.55%
AJG	D	0.98%	0.57%	0.57%
BRK.A	C	1.69%	2.07%	1.69%
CB	A	1.02%	0.73%	0.73%
CBOE	B	0.35%	0.57%	0.35%
JPM	D	0.3%	1.63%	0.3%
MMC	D	0.3%	0.68%	0.3%
PGR	C	1.84%	0.86%	0.86%
TRV	C	0.33%	0.64%	0.33%
WRB	B	0.31%	0.53%	0.31%

FXO Overweight 91 Positions Relative to FDLO

Symbol	Grade	Weight
KKR	C	1.89%
JEF	B	1.87%
MTG	B	1.78%
RNR	A	1.75%
NU	D	1.72%
CINF	A	1.72%
AMG	C	1.72%
JHG	C	1.69%
GS	D	1.67%
ACGL	A	1.65%
AGO	D	1.57%
APO	A	1.54%
EG	B	1.52%
COLB	C	1.51%
MKL	B	1.5%
GL	C	1.49%
TROW	D	1.43%
WTM	D	1.42%
ALL	C	1.36%
MTB	C	1.35%
BPOP	D	1.32%
ALLY	F	1.32%
BRO	A	1.29%
HBAN	C	1.29%
TPG	C	1.28%
UNM	A	1.27%
WAL	C	1.26%
WBS	D	1.26%
RYAN	A	1.23%
FNB	D	1.22%
SEIC	B	1.22%
OZK	F	1.22%
L	D	1.21%
OMF	D	1.18%
MS	B	1.18%
LPLA	D	1.18%
EQH	C	1.18%
LNC	D	1.17%
AIG	F	1.13%
STT	C	1.08%
AFL	A	1.08%
CMA	C	1.07%
BEN	F	1.06%
FCNCA	D	1.03%
HIG	A	1.03%
TW	A	1.02%
EWBC	D	1.02%
ZION	D	1.0%
AXS	A	0.99%
AGNC	C	0.99%
CNA	D	0.98%
AMP	A	0.97%
OWL	B	0.95%
FHN	D	0.92%
C	B	0.89%
CRBG	C	0.86%
VIRT	C	0.8%
PNFP	D	0.71%
FAF	B	0.7%
PB	D	0.69%
FITB	C	0.68%
BK	C	0.68%
PNC	C	0.68%
USB	C	0.67%
CFG	D	0.67%
BOKF	D	0.67%
HLI	B	0.67%
ARES	B	0.67%
RF	C	0.66%
FHB	D	0.66%
ORI	A	0.65%
WTFC	C	0.64%
SLM	C	0.6%
BAC	D	0.58%
WFC	D	0.53%
COIN	F	0.43%
BX	C	0.37%
KEY	C	0.35%
UWMC	D	0.35%
FNF	A	0.35%
MCO	C	0.33%
AFG	B	0.32%
STWD	C	0.32%
XP	F	0.32%
SNV	D	0.32%
CFR	D	0.32%
MORN	C	0.31%
VOYA	A	0.31%
NTRS	C	0.31%
RGA	C	0.3%
SCHW	D	0.25%

FXO Underweight 115 Positions Relative to FDLO

Symbol	Grade	Weight
AAPL	C	-7.4%
MSFT	C	-7.29%
GOOGL	C	-3.93%
AMZN	C	-3.72%
LLY	D	-1.95%
ORCL	C	-1.85%
IBM	C	-1.64%
CSCO	A	-1.6%
ACN	B	-1.53%
TXN	C	-1.51%
UNH	B	-1.51%
MSI	A	-1.36%
V	C	-1.36%
MA	A	-1.27%
JNJ	C	-1.26%
ROP	C	-1.24%
AKAM	D	-1.17%
ABBV	A	-1.16%
TYL	C	-1.16%
XOM	B	-1.14%
HD	A	-1.14%
DOX	B	-1.12%
VRSN	C	-1.09%
MRK	F	-1.08%
PG	C	-1.02%
VZ	A	-1.0%
T	A	-0.95%
TMO	C	-0.94%
WMT	A	-0.9%
CMCSA	B	-0.89%
ABT	C	-0.89%
AMGN	D	-0.85%
TMUS	A	-0.83%
MCD	A	-0.82%
KO	B	-0.76%
REGN	D	-0.75%
VRTX	D	-0.69%
SBUX	B	-0.68%
LOW	A	-0.68%
PEP	D	-0.67%
ETN	C	-0.67%
CME	A	-0.66%
UNP	C	-0.66%
NKE	D	-0.64%
TJX	C	-0.64%
CVX	D	-0.63%
EA	D	-0.62%
BDX	B	-0.62%
LMT	A	-0.62%
HON	B	-0.62%
ADP	A	-0.61%
ERIE	A	-0.59%
PM	B	-0.59%
FDS	C	-0.57%
LIN	B	-0.56%
NOC	B	-0.54%
GD	A	-0.52%
ITW	B	-0.52%
JKHY	A	-0.51%
WM	D	-0.51%
ORLY	A	-0.49%
PAYX	A	-0.48%
LHX	A	-0.47%
FAST	C	-0.47%
TSCO	A	-0.46%
AZO	D	-0.46%
RSG	D	-0.46%
BAH	A	-0.45%
OTIS	A	-0.45%
MDLZ	C	-0.43%
J	D	-0.42%
GRMN	D	-0.42%
HII	D	-0.4%
FCN	B	-0.4%
COP	D	-0.4%
CL	D	-0.39%
SO	A	-0.38%
DUK	B	-0.37%
AMT	C	-0.34%
GIS	B	-0.33%
KMB	B	-0.32%
AEP	B	-0.3%
EOG	D	-0.3%
EQIX	B	-0.3%
SHW	B	-0.3%
XEL	A	-0.28%
ED	A	-0.27%
PSA	C	-0.27%
WMB	A	-0.27%
HSY	D	-0.27%
WEC	A	-0.26%
AEE	A	-0.25%
APD	C	-0.25%
ECL	A	-0.25%
DLR	C	-0.24%
LNG	D	-0.24%
O	A	-0.24%
CMS	A	-0.24%
KMI	A	-0.24%
CCI	A	-0.23%
CTVA	B	-0.21%
CSGP	F	-0.19%
EQR	C	-0.19%
DTM	A	-0.18%
VMC	D	-0.18%
CTRA	D	-0.18%
MLM	D	-0.18%
MAA	C	-0.18%
AMH	D	-0.17%
PKG	A	-0.17%
AVY	B	-0.16%
AMCR	A	-0.16%
ELS	D	-0.16%
ATR	A	-0.15%
ADC	B	-0.15%