FXO vs. IWLG ETF Comparison

Comparison of First Trust Financials AlphaDEX (FXO) to IQ MacKay Municipal Insured ETF (IWLG)

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

$51.62

Average Daily Volume

51,671

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

IWLG

IQ MacKay Municipal Insured ETF

IWLG Description

IQ MacKay Municipal Insured ETF seek long-term growth of capital by employing a bottom-up investment process while investing in companies that have the potential for above-average future earnings and cash flow growth. IQ MacKay Municipal Insured ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$45.38

Average Daily Volume

8,930

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FXO	IWLG
30 Days	2.57%	6.34%
60 Days	11.83%	12.91%
90 Days	13.37%	-0.94%
12 Months	42.70%	48.83%

1 Overlapping Holdings

	Symbol	Grade	Weight in FXO	Weight in IWLG	Overlap
	KKR	A	1.89%	2.16%	1.89%

FXO Overweight 100 Positions Relative to IWLG

Symbol	Grade	Weight
JEF	A	1.85%
PGR	B	1.82%
RNR	A	1.81%
MTG	A	1.77%
CINF	A	1.73%
JHG	A	1.71%
AMG	B	1.7%
ACGL	A	1.69%
BRK.A	B	1.69%
GS	B	1.66%
NU	D	1.62%
APO	A	1.6%
EG	A	1.56%
AGO	B	1.55%
COLB	C	1.5%
MKL	B	1.5%
GL	C	1.45%
TROW	D	1.43%
WTM	C	1.41%
ALL	A	1.35%
ALLY	F	1.33%
MTB	A	1.33%
BRO	A	1.32%
RYAN	A	1.31%
UNM	A	1.31%
BPOP	D	1.28%
HBAN	B	1.27%
TPG	A	1.26%
LPLA	D	1.24%
SEIC	B	1.23%
MS	A	1.23%
WAL	C	1.23%
WBS	D	1.22%
L	C	1.21%
EQH	B	1.18%
OZK	D	1.17%
LNC	B	1.16%
FNB	D	1.16%
AIG	C	1.13%
AFL	A	1.12%
OMF	D	1.11%
STT	A	1.08%
BEN	F	1.07%
HIG	A	1.05%
CMA	C	1.05%
TW	A	1.04%
CB	A	1.02%
AXS	A	1.01%
AGNC	B	1.0%
EWBC	B	1.0%
FCNCA	D	0.99%
AMP	A	0.99%
OWL	A	0.98%
ZION	D	0.97%
AJG	C	0.97%
CNA	D	0.96%
CRBG	B	0.9%
FHN	D	0.89%
C	B	0.88%
VIRT	B	0.79%
FAF	C	0.7%
BK	A	0.69%
AIZ	B	0.69%
PNFP	B	0.69%
HLI	A	0.67%
FITB	C	0.67%
ARES	A	0.67%
PNC	C	0.67%
ORI	A	0.66%
USB	C	0.66%
RF	B	0.66%
PB	D	0.66%
CFG	C	0.65%
BOKF	B	0.65%
FHB	D	0.63%
WTFC	B	0.62%
SLM	B	0.62%
BAC	B	0.57%
WFC	B	0.54%
COIN	F	0.49%
BX	C	0.36%
UWMC	D	0.35%
FNF	C	0.35%
CBOE	B	0.34%
TRV	B	0.33%
KEY	B	0.33%
VOYA	A	0.32%
MCO	D	0.32%
MORN	B	0.31%
NTRS	B	0.31%
WRB	C	0.31%
SNV	D	0.31%
CFR	B	0.31%
AFG	A	0.31%
STWD	C	0.31%
XP	F	0.3%
JPM	C	0.3%
RGA	B	0.3%
MMC	D	0.3%
SCHW	D	0.25%

FXO Underweight 40 Positions Relative to IWLG

Symbol	Grade	Weight
MSFT	D	-11.19%
AMZN	C	-8.63%
NVDA	B	-8.58%
AAPL	C	-8.05%
META	A	-4.1%
GOOGL	B	-3.78%
AVGO	B	-3.77%
GOOG	B	-3.2%
SPOT	C	-2.43%
INTU	F	-2.42%
ISRG	C	-2.28%
ADBE	F	-2.05%
LLY	D	-1.81%
CMG	C	-1.79%
GE	B	-1.69%
TT	A	-1.67%
LRCX	D	-1.66%
NOW	B	-1.65%
MELI	D	-1.52%
FICO	C	-1.49%
WDAY	D	-1.48%
UBER	C	-1.44%
V	B	-1.43%
MA	A	-1.38%
ETN	B	-1.37%
SNPS	F	-1.23%
ASML	F	-1.21%
ORLY	A	-1.19%
UNH	B	-1.16%
ABT	C	-1.13%
SYK	C	-1.12%
HD	A	-1.07%
WCN	D	-1.06%
NFLX	A	-1.01%
BSX	A	-0.98%
AME	C	-0.96%
HLT	A	-0.96%
AMD	C	-0.48%
BKNG	B	-0.48%
VMC	D	-0.33%