FXR vs. USMV ETF Comparison

Comparison of First Trust Industrials AlphaDEX (FXR) to iShares MSCI USA Minimum Volatility ETF (USMV)

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

$74.96

Average Daily Volume

65,311

Number of Holdings ^*

134

* may have additional holdings in another (foreign) market

USMV

iShares MSCI USA Minimum Volatility ETF

USMV Description

The investment seeks the investment results of an index composed of U.S. equities that, in the aggregate, have lower volatility characteristics relative to the broader U.S. equity market. The fund generally invests at least 90% of its assets in securities of the underlying index or in depositary receipts representing securities in the underlying index. The underlying index follows a rules-based methodology to determine weights for securities in the index that seeks to minimize total risk of the MSCI USA Index. Components primarily include consumer staples, healthcare and information technology companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$91.29

Average Daily Volume

2,249,365

Number of Holdings ^*

170

* may have additional holdings in another (foreign) market

Performance

Period	FXR	USMV
30 Days	4.05%	1.48%
60 Days	4.85%	6.10%
90 Days	9.28%	8.43%
12 Months	31.83%	25.48%

12 Overlapping Holdings

Symbol	Grade	Weight in FXR	Weight in USMV	Overlap
ACN	C	0.26%	1.28%	0.26%
BAH	B	1.17%	0.44%	0.44%
FICO	B	1.17%	0.48%	0.48%
GD	B	0.24%	0.06%	0.06%
HON	D	0.22%	0.22%	0.22%
KEYS	C	0.25%	0.54%	0.25%
KNX	D	0.95%	0.06%	0.06%
LMT	B	0.58%	0.88%	0.58%
PKG	B	0.77%	0.18%	0.18%
RTX	C	0.27%	0.09%	0.09%
TDY	C	1.04%	0.52%	0.52%
VRSK	D	0.69%	0.4%	0.4%

FXR Overweight 122 Positions Relative to USMV

Symbol	Grade	Weight
BLDR	C	1.46%
HWM	B	1.44%
G	C	1.42%
ALSN	B	1.35%
HEI	A	1.35%
TTEK	C	1.35%
GPN	D	1.34%
SNDR	C	1.32%
GPK	B	1.31%
AXP	B	1.3%
FIX	A	1.3%
TT	A	1.28%
SON	D	1.26%
EME	A	1.25%
GTES	C	1.25%
SNA	C	1.25%
BC	C	1.24%
PWR	B	1.23%
CNH	D	1.19%
MDU	B	1.18%
SYF	C	1.15%
SLGN	B	1.11%
EXP	B	1.1%
PCAR	D	1.09%
OC	D	1.09%
AGCO	D	1.08%
OSK	D	1.07%
AL	D	1.06%
BERY	C	1.06%
URI	B	1.04%
R	B	1.02%
LII	B	1.01%
AAON	A	1.0%
MIDD	D	1.0%
FOUR	C	1.0%
TDG	B	0.99%
DE	B	0.99%
HII	D	0.99%
GE	A	0.99%
SPR	D	0.97%
AYI	A	0.97%
DOV	B	0.96%
TXT	D	0.95%
CSL	B	0.94%
WCC	D	0.93%
MSM	D	0.93%
COF	A	0.93%
FDX	F	0.9%
MLM	D	0.89%
ADTN	D	0.86%
AXON	A	0.84%
PYPL	B	0.82%
CTAS	C	0.8%
LPX	B	0.79%
PNR	B	0.79%
ATI	D	0.76%
AWI	B	0.74%
JBHT	D	0.73%
BWXT	C	0.7%
SSD	C	0.7%
CAT	B	0.69%
CSX	D	0.68%
RHI	D	0.67%
DCI	D	0.67%
DOW	D	0.66%
KEX	C	0.66%
AOS	D	0.66%
WU	D	0.66%
XPO	D	0.66%
BLD	D	0.65%
CACC	F	0.63%
MKSI	F	0.59%
NVT	D	0.57%
CCK	A	0.57%
VNT	F	0.57%
PH	A	0.55%
ALLE	C	0.55%
MAS	B	0.55%
CNM	F	0.54%
AMCR	C	0.53%
ATR	B	0.51%
BALL	C	0.51%
JKHY	C	0.5%
CMI	C	0.5%
ESAB	C	0.49%
GGG	C	0.49%
FCN	C	0.48%
WSC	D	0.48%
ITT	B	0.48%
AZEK	C	0.47%
PPG	D	0.47%
LFUS	C	0.46%
GXO	D	0.46%
FTV	C	0.46%
IEX	D	0.46%
UPS	F	0.45%
EEFT	D	0.45%
LECO	F	0.44%
WMS	D	0.42%
HAYW	C	0.26%
HUBB	A	0.25%
UNP	C	0.25%
GWW	A	0.25%
RPM	B	0.25%
RRX	C	0.25%
CW	A	0.25%
ITW	C	0.24%
WAB	A	0.24%
JCI	B	0.24%
NDSN	C	0.24%
EXPD	C	0.23%
AME	C	0.23%
DD	B	0.23%
LHX	C	0.23%
J	C	0.23%
WWD	C	0.22%
SEE	D	0.22%
FLS	D	0.22%
LSTR	F	0.22%
EMR	D	0.21%
MSA	D	0.21%
SAIA	D	0.2%

FXR Underweight 158 Positions Relative to USMV

Symbol	Grade	Weight
TMUS	C	-1.7%
IBM	A	-1.7%
PGR	A	-1.68%
WMT	B	-1.66%
MSI	B	-1.64%
LLY	C	-1.58%
DUK	B	-1.55%
WCN	D	-1.55%
NOC	A	-1.52%
RSG	D	-1.52%
CB	B	-1.5%
BRK.A	C	-1.49%
VZ	B	-1.44%
MSFT	C	-1.38%
TXN	C	-1.38%
UNH	C	-1.38%
SO	A	-1.37%
WM	D	-1.37%
ROP	C	-1.31%
CSCO	B	-1.29%
APH	C	-1.29%
AJG	D	-1.29%
JNJ	C	-1.28%
MCD	B	-1.27%
PG	C	-1.26%
ABBV	C	-1.22%
MRK	D	-1.22%
ED	C	-1.22%
AVGO	C	-1.21%
MMC	C	-1.16%
PEP	D	-1.15%
MCK	F	-1.14%
ORCL	B	-1.12%
TRV	B	-1.05%
AZO	D	-0.99%
AAPL	C	-0.97%
REGN	C	-0.92%
GILD	B	-0.89%
CBOE	C	-0.87%
V	C	-0.83%
K	A	-0.81%
GDDY	C	-0.81%
ACGL	B	-0.8%
EA	D	-0.78%
CTSH	C	-0.77%
GIS	B	-0.77%
VRTX	D	-0.75%
WEC	B	-0.75%
FCNCA	D	-0.73%
ELV	C	-0.72%
T	C	-0.71%
KDP	B	-0.71%
AMGN	B	-0.7%
TSN	D	-0.69%
MA	B	-0.67%
COR	D	-0.66%
NOW	A	-0.65%
VRSN	D	-0.65%
ORLY	D	-0.63%
KR	C	-0.59%
BDX	F	-0.59%
NEM	B	-0.58%
FI	A	-0.57%
MPC	D	-0.56%
NVDA	D	-0.54%
FANG	D	-0.53%
ERIE	B	-0.52%
MDLZ	C	-0.52%
CME	C	-0.51%
YUM	F	-0.51%
FFIV	B	-0.49%
AON	B	-0.49%
JNPR	A	-0.49%
INCY	C	-0.48%
CL	C	-0.47%
HUM	F	-0.47%
UBER	C	-0.47%
PTC	D	-0.47%
AKAM	D	-0.45%
CDW	D	-0.45%
TJX	C	-0.45%
EG	C	-0.45%
KHC	C	-0.44%
XOM	D	-0.43%
WDAY	D	-0.42%
AEP	C	-0.42%
XEL	B	-0.42%
BMY	C	-0.41%
CPB	B	-0.39%
CTVA	B	-0.37%
ROL	C	-0.37%
CHD	C	-0.37%
WTW	C	-0.36%
CMCSA	D	-0.36%
HSY	D	-0.35%
AFG	B	-0.34%
IT	A	-0.34%
NBIX	F	-0.33%
MKL	C	-0.32%
GEN	B	-0.32%
WRB	C	-0.3%
CVX	D	-0.3%
BMRN	F	-0.3%
ICE	C	-0.29%
FWONK	C	-0.29%
HD	A	-0.28%
AIZ	B	-0.28%
GLW	B	-0.28%
L	D	-0.27%
GRMN	D	-0.27%
ANET	A	-0.27%
ALNY	C	-0.25%
ADI	C	-0.25%
PFE	C	-0.24%
MOH	D	-0.23%
D	B	-0.23%
CI	C	-0.23%
WMB	B	-0.23%
HRL	D	-0.22%
AEE	A	-0.22%
KMB	D	-0.22%
DTE	B	-0.21%
NTAP	D	-0.21%
AZPN	B	-0.21%
MELI	B	-0.2%
CMS	B	-0.2%
HUBS	D	-0.18%
SNPS	D	-0.17%
HOLX	C	-0.17%
STX	C	-0.17%
TW	B	-0.17%
LIN	B	-0.17%
DPZ	D	-0.17%
CDNS	D	-0.16%
EOG	D	-0.15%
CRWD	D	-0.14%
MDT	C	-0.14%
GOOG	D	-0.14%
OXY	F	-0.13%
UTHR	C	-0.13%
HIG	B	-0.12%
AMZN	C	-0.12%
KO	B	-0.11%
LNT	B	-0.1%
DELL	C	-0.1%
DGX	C	-0.1%
ABT	C	-0.09%
ADP	B	-0.08%
TEL	D	-0.07%
FSLR	C	-0.07%
PSX	D	-0.06%
OTIS	C	-0.06%
ULTA	D	-0.05%
VLO	F	-0.05%
CVS	F	-0.05%
BR	D	-0.05%
ATO	B	-0.05%
CRM	D	-0.04%