FXR vs. PVAL ETF Comparison

Comparison of First Trust Industrials AlphaDEX (FXR) to Putnam Focused Large Cap Value ETF (PVAL)

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

$74.68

Average Daily Volume

63,394

Number of Holdings ^*

135

* may have additional holdings in another (foreign) market

PVAL

Putnam Focused Large Cap Value ETF

PVAL Description

The investment seeks to provide investment results that closely correspond, before expenses, to the performance of the Nasdaq U.S. Contrarian Value Index (the index). Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies that compose the index at the time of purchase. The index uses a quantitative model designed to identify equity securities in the Nasdaq US Large Mid Cap Index (the parent index) that appear to be undervalued by the market relative to their fundamental value.

Grade (RS Rating)

Last Trade

$37.95

Average Daily Volume

333,509

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FXR	PVAL
30 Days	2.41%	0.78%
60 Days	9.06%	6.24%
90 Days	11.40%	4.72%
12 Months	35.12%	35.26%

5 Overlapping Holdings

Symbol	Grade	Weight in FXR	Weight in PVAL	Overlap
BALL	C	0.5%	1.3%	0.5%
COF	C	0.95%	2.56%	0.95%
FDX	D	0.79%	2.6%	0.79%
JCI	B	0.25%	1.43%	0.25%
URI	C	1.1%	1.08%	1.08%

FXR Overweight 130 Positions Relative to PVAL

Symbol	Grade	Weight
BLDR	B	1.53%
FIX	A	1.45%
HWM	A	1.42%
ALSN	A	1.4%
G	A	1.35%
TT	A	1.31%
EME	C	1.31%
PWR	B	1.3%
HEI	A	1.3%
AXP	A	1.29%
SNDR	C	1.29%
BC	D	1.27%
TTEK	B	1.27%
GPK	C	1.25%
GTES	C	1.24%
SNA	A	1.23%
CNH	B	1.23%
MDU	C	1.21%
SON	D	1.19%
EXP	C	1.16%
FICO	A	1.15%
BAH	A	1.15%
SYF	B	1.15%
GPN	F	1.12%
OC	C	1.11%
AGCO	D	1.1%
SLGN	C	1.09%
AAON	A	1.09%
PCAR	D	1.06%
AL	D	1.06%
R	C	1.04%
FOUR	B	1.04%
BERY	C	1.04%
GE	C	1.03%
OSK	F	1.02%
LII	C	1.02%
MIDD	D	1.02%
TDY	A	1.0%
AYI	A	0.99%
DE	A	0.98%
MSM	D	0.97%
CSL	A	0.97%
TDG	A	0.97%
WCC	C	0.96%
DOV	C	0.95%
KNX	D	0.94%
HII	F	0.94%
TXT	F	0.9%
PYPL	C	0.89%
SPR	D	0.89%
MLM	D	0.88%
AXON	A	0.86%
ADTN	B	0.86%
LPX	A	0.83%
PNR	C	0.82%
PKG	C	0.76%
ATI	B	0.76%
CTAS	B	0.76%
CAT	A	0.75%
AWI	A	0.74%
BWXT	A	0.73%
SSD	B	0.72%
AOS	B	0.7%
JBHT	D	0.69%
RHI	D	0.68%
BLD	C	0.67%
XPO	F	0.67%
KEX	C	0.66%
DOW	B	0.66%
DCI	B	0.66%
CSX	D	0.65%
WU	D	0.64%
VRSK	D	0.63%
NVT	D	0.59%
CNM	F	0.59%
CXT	F	0.58%
CCK	C	0.57%
MKSI	F	0.56%
PH	A	0.56%
VNT	F	0.56%
LMT	A	0.55%
MAS	A	0.55%
ALLE	A	0.54%
FI	A	0.53%
AMCR	B	0.52%
ITT	B	0.52%
CMI	B	0.52%
ATR	A	0.5%
ESAB	C	0.5%
AZEK	C	0.49%
GGG	B	0.49%
JKHY	A	0.47%
FCN	C	0.47%
FTV	B	0.47%
IEX	D	0.47%
PPG	D	0.47%
LECO	D	0.46%
WSC	D	0.46%
LFUS	C	0.46%
GXO	D	0.45%
EEFT	F	0.43%
UPS	D	0.43%
WMS	D	0.43%
RRX	C	0.27%
RTX	A	0.26%
HAYW	B	0.26%
CW	A	0.26%
RPM	A	0.25%
WAB	A	0.25%
GWW	A	0.25%
KEYS	B	0.25%
HUBB	A	0.25%
ACN	B	0.25%
ITW	A	0.24%
J	D	0.24%
DD	B	0.24%
NDSN	B	0.24%
SEE	C	0.23%
UNP	D	0.23%
FLS	A	0.23%
EXPD	C	0.22%
LHX	A	0.22%
AME	D	0.22%
GD	A	0.22%
HON	C	0.21%
WWD	B	0.21%
EMR	B	0.21%
LSTR	D	0.21%
MSA	F	0.2%
SAIA	D	0.19%

FXR Underweight 39 Positions Relative to PVAL

Symbol	Grade	Weight
WMT	A	-4.04%
XOM	A	-3.94%
C	B	-3.57%
TMO	C	-3.56%
BAC	D	-3.55%
UNH	B	-3.32%
NXPI	F	-2.96%
KO	C	-2.94%
ORCL	B	-2.78%
HLT	A	-2.55%
SNY	C	-2.53%
COP	D	-2.48%
PHM	A	-2.48%
MCK	F	-2.44%
MSFT	D	-2.41%
GLPI	A	-2.34%
LUV	B	-2.32%
AIG	F	-2.23%
NOC	B	-2.2%
FCX	B	-2.12%
APO	A	-2.1%
GS	C	-2.1%
PM	C	-2.04%
IR	A	-1.99%
GM	D	-1.95%
AZN	D	-1.93%
NEE	A	-1.84%
QCOM	D	-1.78%
PPL	A	-1.72%
REGN	D	-1.64%
BJ	D	-1.62%
SCHW	D	-1.6%
VLO	F	-1.49%
TMUS	A	-1.44%
ABBV	A	-1.42%
NRG	A	-1.4%
EMN	C	-1.34%
CTVA	A	-1.33%
CHTR	D	-1.01%