FXR vs. QVAL ETF Comparison

Comparison of First Trust Industrials AlphaDEX (FXR) to ValueShares U.S. Quantitative Value ETF (QVAL)

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

$74.88

Average Daily Volume

63,323

Number of Holdings ^*

135

* may have additional holdings in another (foreign) market

QVAL

ValueShares U.S. Quantitative Value ETF

QVAL Description

The investment seeks long-term capital appreciation. The fund is an actively managed ETF. Under normal circumstances, it seeks to achieve its investment objective by investing primarily in U.S. equity securities that the Adviser believes, based on quantitative analysis, are undervalued at the time of purchase and have the potential for capital appreciation. The fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in securities of U.S. companies. It will invest primarily in the exchange-listed common stock of U.S. companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$45.70

Average Daily Volume

20,270

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FXR	QVAL
30 Days	3.66%	3.68%
60 Days	8.48%	6.70%
90 Days	11.93%	8.51%
12 Months	33.12%	31.72%

8 Overlapping Holdings

Symbol	Grade	Weight in FXR	Weight in QVAL	Overlap
ALSN	A	1.4%	2.04%	1.4%
CAT	A	0.75%	2.14%	0.75%
GPK	D	1.25%	1.93%	1.25%
GTES	C	1.24%	1.92%	1.24%
OC	C	1.11%	2.02%	1.11%
PCAR	C	1.06%	2.0%	1.06%
SNA	A	1.23%	1.98%	1.23%
WCC	D	0.96%	2.04%	0.96%

FXR Overweight 127 Positions Relative to QVAL

Symbol	Grade	Weight
BLDR	B	1.53%
FIX	B	1.45%
HWM	A	1.42%
G	A	1.35%
TT	A	1.31%
EME	C	1.31%
PWR	B	1.3%
HEI	C	1.3%
AXP	B	1.29%
SNDR	C	1.29%
BC	D	1.27%
TTEK	A	1.27%
CNH	D	1.23%
MDU	C	1.21%
SON	D	1.19%
EXP	B	1.16%
FICO	A	1.15%
BAH	A	1.15%
SYF	B	1.15%
GPN	F	1.12%
AGCO	D	1.1%
URI	C	1.1%
SLGN	C	1.09%
AAON	B	1.09%
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	B	0.98%
MSM	D	0.97%
CSL	A	0.97%
TDG	B	0.97%
COF	C	0.95%
DOV	B	0.95%
KNX	D	0.94%
HII	F	0.94%
TXT	F	0.9%
PYPL	C	0.89%
SPR	F	0.89%
MLM	F	0.88%
AXON	A	0.86%
ADTN	C	0.86%
LPX	C	0.83%
PNR	B	0.82%
FDX	F	0.79%
PKG	B	0.76%
ATI	C	0.76%
CTAS	C	0.76%
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	D	0.67%
XPO	F	0.67%
KEX	C	0.66%
DOW	B	0.66%
DCI	C	0.66%
CSX	D	0.65%
WU	D	0.64%
VRSK	C	0.63%
NVT	D	0.59%
CNM	F	0.59%
CXT	F	0.58%
CCK	C	0.57%
MKSI	F	0.56%
PH	B	0.56%
VNT	F	0.56%
LMT	A	0.55%
MAS	A	0.55%
ALLE	A	0.54%
FI	A	0.53%
AMCR	C	0.52%
ITT	C	0.52%
CMI	A	0.52%
BALL	C	0.5%
ATR	A	0.5%
ESAB	C	0.5%
AZEK	C	0.49%
GGG	C	0.49%
JKHY	A	0.47%
FCN	C	0.47%
FTV	C	0.47%
IEX	D	0.47%
PPG	D	0.47%
LECO	F	0.46%
WSC	D	0.46%
LFUS	D	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	C	0.26%
CW	A	0.26%
RPM	B	0.25%
JCI	C	0.25%
WAB	B	0.25%
GWW	B	0.25%
KEYS	C	0.25%
HUBB	B	0.25%
ACN	B	0.25%
ITW	B	0.24%
J	F	0.24%
DD	C	0.24%
NDSN	C	0.24%
SEE	D	0.23%
UNP	D	0.23%
FLS	B	0.23%
EXPD	D	0.22%
LHX	A	0.22%
AME	D	0.22%
GD	C	0.22%
HON	C	0.21%
WWD	C	0.21%
EMR	B	0.21%
LSTR	F	0.21%
MSA	F	0.2%
SAIA	D	0.19%

FXR Underweight 42 Positions Relative to QVAL

Symbol	Grade	Weight
POWL	B	-2.59%
DAL	C	-2.37%
SIG	C	-2.33%
FCX	B	-2.27%
WSM	B	-2.25%
TPR	C	-2.22%
ULTA	D	-2.21%
JBL	C	-2.18%
UFPI	C	-2.11%
ASO	D	-2.09%
CVS	C	-2.08%
CMCSA	C	-2.05%
URBN	F	-2.05%
T	A	-2.05%
KBH	C	-2.02%
LEN	B	-2.01%
BKR	B	-2.0%
OMC	C	-1.99%
CEIX	B	-1.98%
FOXA	A	-1.98%
SKX	D	-1.97%
CRI	D	-1.96%
ARCH	C	-1.96%
HRB	C	-1.95%
MAT	D	-1.94%
CROX	C	-1.94%
THC	D	-1.93%
CTSH	B	-1.92%
TAP	D	-1.91%
MOH	D	-1.89%
SLB	D	-1.88%
IPG	D	-1.88%
MO	D	-1.84%
ELV	F	-1.83%
TEX	F	-1.83%
LBRT	D	-1.81%
HAL	D	-1.8%
MPC	C	-1.79%
CNC	F	-1.77%
SM	C	-1.71%
DVN	F	-1.69%
WFRD	F	-1.59%