FXO vs. PFI ETF Comparison

Comparison of First Trust Financials AlphaDEX (FXO) to PowerShares Dynamic Financial (PFI)

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

$57.52

Average Daily Volume

52,734

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

PFI

PowerShares Dynamic Financial

PFI Description

The PowerShares Dynamic Financial Sector Portfolio (Fund) is based on the Dynamic Financial Sector IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index thoroughly evaluates companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 60 US financial services companies. These are companies that are principally engaged in the business of providing services and products, including banking, investment services, insurance and real estate finance services. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$62.56

Average Daily Volume

6,405

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FXO	PFI
30 Days	5.95%	6.75%
60 Days	10.34%	10.49%
90 Days	14.40%	15.60%
12 Months	48.16%	46.88%

15 Overlapping Holdings

Symbol	Grade	Weight in FXO	Weight in PFI	Overlap
ACGL	D	1.35%	1.79%	1.35%
AFL	C	0.89%	2.07%	0.89%
AMP	A	0.69%	4.44%	0.69%
BPOP	C	1.45%	1.23%	1.23%
BRO	B	0.96%	2.52%	0.96%
FCNCA	A	1.06%	2.8%	1.06%
HLI	A	1.34%	1.96%	1.34%
JEF	A	1.81%	2.53%	1.81%
JPM	B	0.66%	3.48%	0.66%
KKR	B	1.75%	3.73%	1.75%
MTG	C	1.46%	1.32%	1.32%
PGR	B	1.54%	2.03%	1.54%
UWMC	D	1.02%	0.77%	0.77%
WAL	B	0.61%	2.73%	0.61%
WRB	A	0.61%	2.04%	0.61%

FXO Overweight 86 Positions Relative to PFI

Symbol	Grade	Weight
JHG	B	1.82%
GS	B	1.8%
AGO	A	1.74%
TPG	A	1.73%
WTM	A	1.72%
TROW	B	1.67%
CINF	A	1.66%
BEN	C	1.62%
AMG	B	1.6%
ALL	A	1.56%
WBS	A	1.48%
RNR	C	1.43%
EG	C	1.42%
UNM	A	1.4%
COLB	B	1.38%
BX	A	1.37%
SEIC	B	1.36%
FNB	B	1.35%
OMF	A	1.34%
EQH	B	1.31%
LNC	B	1.28%
OZK	B	1.28%
MKL	A	1.26%
RYAN	B	1.23%
AXS	A	1.23%
L	A	1.21%
TW	A	1.2%
GL	C	1.19%
FHN	B	1.18%
WFC	A	1.17%
BRK.A	B	1.17%
ALLY	C	1.17%
ZION	B	1.15%
MS	B	1.15%
EWBC	A	1.14%
CNA	C	1.14%
WTFC	B	1.1%
MTB	A	1.09%
HBAN	B	1.08%
NTRS	A	1.07%
NU	C	1.01%
C	B	0.99%
SOFI	A	0.98%
STT	A	0.97%
CRBG	B	0.95%
SLM	A	0.95%
MCO	B	0.92%
HIG	A	0.9%
CB	D	0.9%
CMA	B	0.68%
OWL	A	0.68%
FHB	B	0.68%
VIRT	A	0.67%
BAC	A	0.67%
PB	B	0.66%
PNC	B	0.65%
RF	A	0.65%
CFG	B	0.65%
FITB	B	0.64%
TRV	B	0.63%
BOKF	B	0.63%
USB	A	0.63%
BK	B	0.62%
ORI	A	0.61%
VOYA	B	0.59%
RJF	A	0.38%
APO	B	0.38%
SF	B	0.36%
DFS	B	0.36%
CFR	B	0.36%
PNFP	B	0.36%
CBSH	B	0.35%
KEY	B	0.33%
MORN	B	0.31%
AIZ	A	0.31%
AIG	D	0.3%
PRU	B	0.3%
AJG	A	0.3%
RGA	B	0.3%
AFG	A	0.3%
PFG	C	0.29%
STWD	C	0.28%
FAF	A	0.28%
FNF	D	0.28%
XP	F	0.27%
AGNC	C	0.26%

FXO Underweight 25 Positions Relative to PFI

Symbol	Grade	Weight
MA	B	-5.01%
ARES	A	-4.16%
V	A	-3.17%
EVR	B	-2.91%
HOOD	B	-2.73%
AXP	B	-2.54%
COOP	B	-2.42%
KNSL	B	-2.39%
MMC	D	-2.24%
PIPR	B	-2.06%
PRI	B	-2.02%
SPG	A	-1.96%
JXN	C	-1.91%
ICE	D	-1.8%
SFBS	B	-1.72%
VCTR	B	-1.65%
BGC	C	-1.63%
HLNE	B	-1.62%
SLG	B	-1.59%
ENVA	B	-1.49%
RDFN	F	-1.43%
OFG	B	-1.22%
ERIE	D	-1.15%
TREE	F	-1.11%
NMRK	C	-1.05%