FXR vs. FMAT ETF Comparison

Comparison of First Trust Industrials AlphaDEX (FXR) to Fidelity MSCI Materials Index ETF (FMAT)

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

$67.01

Average Daily Volume

64,020

Number of Holdings ^*

130

* may have additional holdings in another (foreign) market

FMAT

Fidelity MSCI Materials Index ETF

FMAT Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Materials Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Materials Index, which represents the performance of the materials sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Materials Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$49.14

Average Daily Volume

42,044

Number of Holdings ^*

109

* may have additional holdings in another (foreign) market

Performance

Period	FXR	FMAT
30 Days	-3.10%	-3.34%
60 Days	-4.85%	-3.02%
90 Days	-6.83%	-5.50%
12 Months	14.86%	10.21%

18 Overlapping Holdings

Symbol	Grade	Weight in FXR	Weight in FMAT	Overlap
AMCR	D	0.55%	1.07%	0.55%
ATR	D	0.53%	0.72%	0.53%
AXTA	D	0.52%	0.56%	0.52%
BERY	D	1.34%	0.51%	0.51%
CCK	F	0.51%	0.7%	0.51%
DD	C	0.55%	2.52%	0.55%
EXP	D	1.09%	0.56%	0.56%
GPK	D	1.24%	0.61%	0.61%
LPX	D	0.52%	0.4%	0.4%
MLM	D	0.23%	2.5%	0.23%
PKG	C	0.8%	1.24%	0.8%
PPG	D	0.23%	2.22%	0.23%
RPM	D	0.48%	1.04%	0.48%
SEE	F	0.25%	0.38%	0.25%
SHW	D	0.71%	5.4%	0.71%
SLGN	D	0.93%	0.27%	0.27%
SON	F	1.23%	0.38%	0.38%
VMC	D	0.96%	2.47%	0.96%

FXR Overweight 112 Positions Relative to FMAT

Symbol	Grade	Weight
TT	B	1.53%
BAH	C	1.45%
SNDR	B	1.45%
EME	D	1.45%
OC	D	1.42%
SYF	B	1.41%
PWR	D	1.41%
R	B	1.4%
AXP	C	1.38%
MDU	C	1.36%
KEX	B	1.33%
G	D	1.33%
AL	C	1.28%
WCC	D	1.27%
BWXT	B	1.27%
ALSN	D	1.26%
SPR	B	1.25%
CAT	D	1.23%
TTEK	D	1.23%
URI	D	1.19%
BLD	D	1.19%
OSK	D	1.16%
AGCO	F	1.13%
LFUS	C	1.12%
XYL	D	1.12%
TDG	D	1.11%
FDX	B	1.08%
CNH	F	1.08%
AXON	C	1.01%
FICO	A	0.98%
DE	F	0.97%
AWI	D	0.96%
ADTN	D	0.94%
KNX	C	0.94%
GWW	C	0.94%
GTES	D	0.94%
HUBB	C	0.94%
SNA	F	0.93%
HII	D	0.9%
PCAR	D	0.89%
VNT	D	0.89%
JCI	D	0.85%
MSM	F	0.85%
CTAS	A	0.85%
SAIA	C	0.83%
NVT	D	0.83%
EEFT	D	0.8%
MSA	C	0.8%
CACC	B	0.8%
SQ	C	0.79%
LECO	F	0.78%
BC	F	0.78%
WMS	D	0.77%
GXO	F	0.76%
UPS	D	0.75%
TXT	D	0.74%
TDY	D	0.74%
COF	D	0.74%
AYI	D	0.74%
CSX	D	0.73%
PYPL	D	0.72%
WU	D	0.71%
BLDR	F	0.7%
RHI	F	0.66%
JBHT	F	0.65%
MIDD	F	0.64%
WEX	D	0.61%
TREX	F	0.61%
WAB	D	0.58%
GPN	D	0.58%
CW	C	0.56%
GD	D	0.55%
EXPD	B	0.55%
FCN	D	0.55%
LHX	B	0.55%
DOV	D	0.53%
DCI	D	0.51%
JKHY	C	0.51%
OTIS	B	0.51%
ITT	D	0.5%
LSTR	D	0.5%
AOS	D	0.49%
MA	C	0.49%
J	D	0.48%
PNR	D	0.47%
EFX	B	0.47%
ALLE	D	0.46%
KEYS	D	0.46%
CPAY	D	0.46%
VMI	C	0.32%
HEI	B	0.31%
WWD	D	0.3%
GNRC	C	0.29%
FOUR	B	0.29%
HON	B	0.28%
CSL	C	0.28%
WSO	B	0.28%
RTX	D	0.27%
EMR	C	0.25%
V	C	0.25%
MAN	D	0.24%
PH	D	0.24%
UNP	D	0.24%
AME	D	0.24%
FTV	D	0.23%
WSC	F	0.22%
IEX	D	0.22%
NSC	D	0.22%
NDSN	D	0.22%
MAS	D	0.22%
GGG	D	0.22%
ODFL	C	0.21%

FXR Underweight 91 Positions Relative to FMAT

Symbol	Grade	Weight
LIN	C	-15.99%
FCX	C	-5.22%
ECL	B	-4.65%
APD	D	-4.41%
NEM	A	-3.64%
CTVA	D	-2.83%
DOW	D	-2.81%
NUE	F	-2.81%
LYB	D	-1.88%
IFF	B	-1.84%
BALL	D	-1.45%
STLD	D	-1.42%
AVY	D	-1.36%
RS	D	-1.21%
CE	F	-1.14%
IP	C	-1.07%
CF	F	-1.06%
WRK	C	-0.96%
EMN	D	-0.86%
ALB	F	-0.85%
MOS	F	-0.72%
RGLD	B	-0.62%
X	C	-0.62%
CLF	D	-0.56%
FMC	F	-0.54%
AA	B	-0.53%
ATI	C	-0.53%
ESI	B	-0.47%
CMC	D	-0.47%
OLN	F	-0.43%
WLK	D	-0.42%
CRS	B	-0.4%
CBT	D	-0.39%
BCPC	A	-0.37%
SUM	D	-0.34%
ASH	D	-0.34%
FUL	D	-0.31%
AVNT	D	-0.3%
NEU	D	-0.28%
HUN	F	-0.28%
KNF	C	-0.28%
CC	F	-0.26%
HCC	C	-0.24%
AMR	D	-0.23%
IOSP	D	-0.23%
HL	C	-0.22%
SMG	D	-0.21%
SXT	C	-0.2%
MTX	C	-0.2%
ARCH	C	-0.19%
SLVM	D	-0.18%
KWR	F	-0.18%
MTRN	F	-0.17%
CDE	A	-0.17%
MP	D	-0.14%
TROX	D	-0.14%
SCL	D	-0.14%
OI	F	-0.13%
HWKN	B	-0.13%
NGVT	F	-0.12%
GEF	F	-0.11%
ASPN	D	-0.11%
OEC	F	-0.1%
KALU	D	-0.1%
TRS	D	-0.08%
ECVT	D	-0.08%
PRM	B	-0.08%
WS	C	-0.08%
CENX	B	-0.07%
MATV	D	-0.07%
HAYN	C	-0.06%
KOP	F	-0.06%
SXC	D	-0.06%
CLW	D	-0.06%
USLM	C	-0.06%
ASIX	F	-0.05%
PCT	C	-0.05%
IE	C	-0.05%
PTVE	F	-0.04%
RYI	F	-0.04%
MERC	F	-0.03%
CMP	F	-0.03%
RDUS	F	-0.03%
LXU	F	-0.03%
MYE	F	-0.03%
GATO	C	-0.03%
ZEUS	F	-0.03%
GEF	F	-0.02%
PACK	D	-0.02%
KRO	D	-0.02%
DNA	F	-0.02%