FXR vs. BTAL ETF Comparison

Comparison of First Trust Industrials AlphaDEX (FXR) to QuantShares U.S. Market Neutral Anti Beta Fund ETF (BTAL)

FXR

First Trust Industrials AlphaDEX

FXR 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) Industrials 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 industrials and producer durables sectors 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

$79.28

Average Daily Volume

36,607

Number of Holdings ^*

137

* may have additional holdings in another (foreign) market

BTAL

QuantShares U.S. Market Neutral Anti Beta Fund ETF

BTAL Description

The investment seeks performance results that correspond to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Thematic Market Neutral Anti-Beta Index. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in common stock, including the short positions, in the Target Anti-Beta Index. The Target Anti-Beta Index is a market neutral index that is dollar-neutral. As such, it identifies long and short securities positions of approximately equal dollar amounts. In choosing to track a market neutral index, the fund seeks to limit the effects of general market movements on the fund.

Grade (RS Rating)

Last Trade

$19.23

Average Daily Volume

496,442

Number of Holdings ^*

391

* may have additional holdings in another (foreign) market

Performance

Period	FXR	BTAL
30 Days	1.66%	-1.33%
60 Days	5.94%	-1.69%
90 Days	10.23%	-4.71%
12 Months	35.54%	-4.90%

50 Overlapping Holdings

Symbol	Grade	Weight in FXR	Weight in BTAL	Overlap
ADP	B	0.25%	0.48%	0.25%
ALSN	B	1.1%	0.56%	0.56%
AMCR	D	0.41%	0.39%	0.39%
AXON	A	1.77%	-0.74%	-0.74%
AXTA	B	0.25%	-0.49%	-0.49%
BLD	F	0.63%	-0.41%	-0.41%
BLDR	D	0.84%	-0.44%	-0.44%
BWXT	A	0.83%	0.54%	0.54%
CARR	D	0.42%	-0.46%	-0.46%
CNM	C	0.43%	-0.37%	-0.37%
CSX	C	0.72%	0.46%	0.46%
CW	B	0.25%	0.52%	0.25%
CXT	C	0.89%	0.42%	0.42%
EFX	F	0.63%	-0.39%	-0.39%
EXP	B	0.96%	-0.55%	-0.55%
FBIN	F	0.19%	-0.43%	-0.43%
FCN	F	0.39%	0.4%	0.39%
FOUR	A	1.3%	-0.53%	-0.53%
G	B	1.35%	0.51%	0.51%
GD	D	0.44%	0.45%	0.44%
GNRC	B	1.06%	-0.53%	-0.53%
HEI	A	1.24%	0.46%	0.46%
HON	B	0.25%	0.48%	0.25%
ITT	A	0.23%	-0.49%	-0.49%
J	D	0.48%	0.43%	0.43%
LMT	D	1.08%	0.41%	0.41%
LPX	B	1.22%	-0.51%	-0.51%
MDU	D	1.38%	0.31%	0.31%
MSA	D	0.22%	0.42%	0.22%
MSM	D	0.9%	0.47%	0.47%
NVT	C	0.74%	-0.5%	-0.5%
OC	A	1.29%	-0.45%	-0.45%
PCAR	C	1.36%	0.53%	0.53%
PKG	B	0.77%	0.5%	0.5%
PWR	A	1.27%	-0.51%	-0.51%
PYPL	B	0.5%	-0.53%	-0.53%
SAIA	C	0.56%	-0.62%	-0.62%
SEE	D	0.44%	-0.45%	-0.45%
SHW	C	0.71%	-0.48%	-0.48%
SLGN	A	0.72%	0.46%	0.46%
SNA	B	1.44%	0.56%	0.56%
SQ	A	0.56%	-0.58%	-0.58%
SSD	D	0.67%	-0.44%	-0.44%
TDY	B	0.76%	0.5%	0.5%
TRU	D	0.86%	-0.47%	-0.47%
TT	A	1.23%	-0.51%	-0.51%
TXT	D	0.88%	0.42%	0.42%
URI	B	1.23%	-0.54%	-0.54%
WCC	B	1.45%	-0.55%	-0.55%
WMS	F	0.37%	-0.37%	-0.37%

FXR Overweight 87 Positions Relative to BTAL

Symbol	Grade	Weight
SYF	B	1.52%
AAON	B	1.44%
FICO	B	1.4%
EME	A	1.35%
GPN	C	1.33%
FIX	A	1.32%
HWM	A	1.32%
OSK	C	1.3%
AL	B	1.27%
AXP	B	1.24%
CNH	C	1.12%
SON	F	1.08%
GTES	A	1.07%
FI	A	1.06%
VNT	C	1.04%
R	B	1.03%
TTEK	F	1.02%
MLM	B	0.99%
SNDR	B	0.97%
FDX	B	0.96%
CTAS	B	0.95%
ADTN	A	0.93%
CSL	C	0.9%
BERY	D	0.88%
GPK	D	0.87%
BC	D	0.87%
MMM	D	0.87%
VSTS	F	0.86%
BAH	D	0.86%
COF	B	0.86%
TDG	D	0.85%
AGCO	F	0.85%
GE	D	0.85%
AYI	B	0.84%
AWI	B	0.82%
ZBRA	B	0.75%
JBHT	C	0.75%
DOV	B	0.74%
KEX	B	0.74%
KNX	B	0.73%
DCI	B	0.73%
LII	A	0.72%
EEFT	C	0.72%
CAT	C	0.69%
MIDD	D	0.68%
HII	F	0.67%
DE	C	0.66%
VLTO	C	0.65%
SPR	D	0.65%
WU	F	0.62%
ESAB	C	0.54%
GXO	B	0.52%
CMI	A	0.51%
GWW	B	0.51%
RHI	C	0.5%
LECO	C	0.49%
PNR	B	0.49%
ATR	B	0.49%
IEX	B	0.48%
AZEK	B	0.45%
UPS	C	0.44%
TTC	F	0.43%
FTV	D	0.43%
PPG	F	0.42%
ATI	C	0.38%
AOS	F	0.37%
DOW	F	0.37%
EMR	A	0.27%
FLS	A	0.26%
PH	B	0.25%
RPM	B	0.25%
AME	A	0.25%
VMC	B	0.25%
LHX	B	0.24%
WAB	B	0.24%
WWD	B	0.23%
GGG	B	0.23%
UNP	D	0.22%
KEYS	C	0.22%
ALLE	D	0.22%
JKHY	D	0.22%
NDSN	D	0.22%
LSTR	D	0.22%
BALL	D	0.21%
EXPD	D	0.21%
LFUS	D	0.21%
MAS	D	0.21%

FXR Underweight 341 Positions Relative to BTAL

Symbol	Grade	Weight
MSTR	A	-1.11%
BILL	B	-0.72%
PAYC	B	-0.62%
SFM	A	-0.62%
IBKR	A	-0.61%
LPLA	A	-0.59%
ZI	D	-0.58%
CFLT	B	-0.57%
HQY	A	-0.57%
PCTY	B	-0.57%
TGNA	B	-0.56%
UNM	A	-0.56%
FTNT	B	-0.56%
KMI	A	-0.55%
WH	B	-0.55%
NWL	B	-0.55%
GILD	C	-0.53%
CACI	C	-0.53%
FFIV	B	-0.53%
BMY	A	-0.53%
BKR	B	-0.53%
RLI	A	-0.51%
TRV	A	-0.51%
TXRH	B	-0.51%
SAIC	F	-0.51%
THG	A	-0.51%
LNG	A	-0.51%
MCK	A	-0.51%
ORLY	B	-0.51%
MKL	A	-0.51%
MSI	B	-0.51%
UTHR	C	-0.5%
LULU	C	-0.5%
CSCO	B	-0.5%
SBRA	B	-0.5%
SIGI	B	-0.49%
AEE	A	-0.49%
T	A	-0.49%
KR	B	-0.49%
XEL	A	-0.49%
GLW	B	-0.49%
PAYX	B	-0.49%
WELL	A	-0.49%
CHH	A	-0.49%
VFC	C	-0.49%
DBX	C	-0.49%
TMUS	B	-0.49%
FOXA	B	-0.49%
JAZZ	C	-0.48%
AON	B	-0.48%
BRO	B	-0.48%
VTRS	A	-0.48%
RYAN	B	-0.48%
PNM	B	-0.48%
CINF	A	-0.48%
DRI	C	-0.47%
ROP	C	-0.47%
WEN	C	-0.47%
AXS	A	-0.47%
CME	A	-0.47%
CDP	C	-0.47%
DOX	D	-0.47%
ALL	A	-0.47%
RGA	B	-0.47%
WEC	A	-0.46%
X	C	-0.46%
EDR	A	-0.46%
CTSH	C	-0.46%
CCK	D	-0.46%
NEU	D	-0.46%
CHD	A	-0.46%
IBM	C	-0.46%
CLH	C	-0.46%
WTW	B	-0.46%
ARMK	C	-0.46%
ORI	A	-0.46%
AIZ	A	-0.46%
PGR	B	-0.46%
CMG	C	-0.46%
COR	B	-0.46%
RNR	C	-0.46%
WM	B	-0.46%
L	A	-0.45%
LNT	A	-0.45%
RTX	D	-0.45%
ACN	C	-0.45%
REG	A	-0.45%
HPQ	B	-0.45%
OHI	B	-0.45%
ADC	A	-0.45%
BWA	D	-0.45%
KBR	F	-0.45%
HIG	B	-0.45%
CHRW	B	-0.45%
PNW	B	-0.45%
DGX	A	-0.45%
AVB	B	-0.45%
XOM	B	-0.44%
CMS	C	-0.44%
MSFT	D	-0.44%
VRSN	F	-0.44%
MUSA	B	-0.44%
CB	C	-0.44%
RSG	A	-0.44%
NOC	D	-0.44%
COLM	B	-0.44%
ELS	B	-0.44%
DECK	A	-0.44%
ASGN	F	-0.44%
DLB	F	-0.44%
WRB	B	-0.44%
CF	A	-0.44%
UNH	C	-0.44%
JNPR	D	-0.43%
DUK	C	-0.43%
EQR	C	-0.43%
YUM	D	-0.43%
MCD	D	-0.43%
TJX	A	-0.43%
DD	D	-0.43%
PAG	B	-0.42%
SNX	D	-0.42%
GLPI	C	-0.42%
MMC	D	-0.42%
EG	D	-0.42%
OLLI	D	-0.42%
MKC	D	-0.42%
ED	C	-0.42%
CI	D	-0.42%
VZ	C	-0.42%
AVT	C	-0.42%
TNET	F	-0.41%
VICI	C	-0.41%
CHE	F	-0.41%
JNJ	D	-0.41%
FLO	D	-0.41%
CBOE	C	-0.41%
O	C	-0.4%
MOH	F	-0.4%
ACGL	D	-0.4%
ON	F	-0.4%
WPC	C	-0.4%
AMGN	D	-0.4%
HRB	D	-0.4%
MOS	D	-0.39%
KHC	F	-0.39%
ERIE	F	-0.39%
FANG	D	-0.39%
GIS	F	-0.39%
PFE	F	-0.39%
WTM	A	-0.39%
KO	D	-0.38%
OXY	F	-0.38%
BG	D	-0.38%
AKAM	F	-0.38%
CPB	D	-0.38%
FOXF	F	-0.37%
MUR	F	-0.37%
GPC	F	-0.37%
DVN	F	-0.37%
FMC	D	-0.37%
ABBV	F	-0.37%
ARW	F	-0.37%
ST	F	-0.37%
MAN	F	-0.37%
MTCH	F	-0.36%
HUM	D	-0.35%
SRPT	F	-0.35%
NEM	D	-0.34%
ELV	F	-0.34%
AZO	C	-0.33%
CNC	F	-0.32%
BMRN	F	-0.31%
AGL	F	-0.19%
SMCI	F	--0.18%
SEDG	F	--0.21%
RUN	F	--0.21%
ENPH	F	--0.22%
MRNA	F	--0.24%
CE	F	--0.25%
CNXC	F	--0.25%
MPWR	F	--0.27%
TXG	F	--0.3%
WOLF	F	--0.3%
EL	F	--0.3%
CELH	F	--0.3%
RIVN	F	--0.32%
NTLA	F	--0.32%
OPEN	F	--0.33%
COTY	F	--0.34%
BRZE	C	--0.34%
AES	F	--0.34%
RKT	F	--0.34%
AMKR	F	--0.35%
TER	F	--0.35%
TFX	F	--0.36%
DKS	D	--0.37%
PLD	D	--0.38%
DINO	D	--0.38%
RIG	D	--0.38%
ELF	C	--0.38%
ALLY	C	--0.38%
LRCX	F	--0.39%
SHLS	F	--0.4%
FND	F	--0.4%
W	D	--0.4%
IDXX	F	--0.4%
KMX	C	--0.4%
ARWR	D	--0.4%
ARE	F	--0.41%
AWK	C	--0.41%
KSS	F	--0.41%
CWEN	C	--0.41%
ALGN	D	--0.41%
ELAN	D	--0.41%
AGNC	C	--0.41%
FCX	F	--0.42%
MKSI	C	--0.42%
WBA	F	--0.42%
AMD	F	--0.42%
EW	C	--0.42%
NVCR	D	--0.43%
TGT	B	--0.43%
CHX	C	--0.43%
RYN	D	--0.43%
ROIV	D	--0.43%
POWI	D	--0.43%
CSGP	F	--0.43%
PINS	F	--0.43%
UGI	C	--0.43%
MGM	D	--0.43%
BBWI	C	--0.44%
MTDR	C	--0.44%
F	C	--0.44%
CC	D	--0.44%
UBER	F	--0.44%
APG	C	--0.45%
DAR	B	--0.45%
NWE	C	--0.45%
THO	C	--0.45%
D	C	--0.45%
RGEN	F	--0.45%
MU	D	--0.46%
CRSP	D	--0.46%
RMD	C	--0.46%
CZR	F	--0.46%
SMG	C	--0.46%
PATH	C	--0.46%
AVGO	C	--0.47%
TOL	B	--0.47%
CRL	D	--0.47%
JLL	D	--0.47%
LAMR	D	--0.47%
BXP	D	--0.47%
CFG	B	--0.48%
ROKU	D	--0.48%
KRC	C	--0.48%
TROW	B	--0.48%
ZS	B	--0.48%
OZK	B	--0.49%
LNC	B	--0.49%
PENN	C	--0.49%
ANET	C	--0.49%
NTRA	A	--0.49%
NET	B	--0.49%
NRG	B	--0.49%
ILMN	C	--0.49%
USB	B	--0.49%
HHH	B	--0.49%
TREX	D	--0.49%
RRC	B	--0.5%
CAR	C	--0.5%
GH	B	--0.5%
RF	A	--0.5%
VEEV	C	--0.51%
PEN	B	--0.51%
CBRE	B	--0.51%
ALB	B	--0.51%
WAL	B	--0.51%
PFGC	B	--0.51%
NVDA	A	--0.51%
USFD	A	--0.51%
SNAP	D	--0.52%
CEG	C	--0.52%
DKNG	B	--0.52%
FYBR	C	--0.52%
AR	B	--0.52%
ETN	B	--0.53%
NTRS	A	--0.53%
JHG	B	--0.53%
INTC	C	--0.53%
DNLI	C	--0.53%
AA	A	--0.53%
MDB	C	--0.54%
SCHW	A	--0.54%
RBLX	B	--0.54%
RMBS	C	--0.54%
ZION	B	--0.54%
DELL	B	--0.54%
KKR	A	--0.55%
RH	D	--0.55%
VNO	C	--0.55%
CMA	B	--0.55%
IOT	A	--0.55%
EXPE	B	--0.56%
XPO	B	--0.56%
PNFP	B	--0.56%
BX	A	--0.56%
TTD	B	--0.56%
OWL	A	--0.57%
COHR	B	--0.57%
GME	C	--0.57%
Z	A	--0.57%
CRWD	B	--0.57%
CG	B	--0.57%
SNV	B	--0.57%
EQT	A	--0.59%
TPG	A	--0.59%
MRVL	B	--0.59%
LYV	A	--0.6%
DASH	A	--0.6%
GTLS	A	--0.6%
TDOC	D	--0.6%
DAY	B	--0.6%
CCL	A	--0.63%
PODD	B	--0.63%
DUOL	A	--0.65%
LITE	B	--0.66%
TSLA	A	--0.68%
HOOD	A	--0.68%
VRT	A	--0.68%
LYFT	C	--0.69%
COIN	A	--0.69%
CVNA	A	--0.69%
DAL	A	--0.69%
TOST	A	--0.7%
VST	A	--0.74%
PTON	C	--0.76%
SOFI	A	--0.78%
AFRM	A	--0.78%
PLTR	A	--0.85%