FYC vs. FDLS ETF Comparison

Comparison of First Trust Small Cap Growth AlphaDEX Fund (FYC) to Inspire Fidelis Multi Factor ETF (FDLS)

FYC

First Trust Small Cap Growth AlphaDEX Fund

FYC 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 Defined Small Cap Growth 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 S&P to objectively identify and select stocks from the S&P SmallCap 600(R) Growth Index 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

$81.19

Average Daily Volume

24,006

Number of Holdings ^*

240

* may have additional holdings in another (foreign) market

FDLS

Inspire Fidelis Multi Factor ETF

FDLS Description

Inspire Fidelis Multi Factor ESG ETF is an exchange traded fund launched by Northern Lights Fund Trust IV. The fund is managed by Inspire Investing, LLC. It invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund seeks to track the performance of the WI Fidelis Multi-Cap, Multi-Factor ESG Index, by using full replication technique. Inspire Fidelis Multi Factor ESG ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$32.90

Average Daily Volume

12,308

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FYC	FDLS
30 Days	8.23%	3.03%
60 Days	12.02%	7.60%
90 Days	17.22%	8.09%
12 Months	43.79%	24.14%

11 Overlapping Holdings

Symbol	Grade	Weight in FYC	Weight in FDLS	Overlap
ADMA	B	0.57%	0.96%	0.57%
BCRX	C	0.48%	0.89%	0.48%
CEIX	B	0.28%	1.25%	0.28%
CHWY	B	0.47%	0.93%	0.47%
CPRX	B	0.53%	1.04%	0.53%
GFF	A	0.33%	0.92%	0.33%
OSCR	F	0.43%	0.55%	0.43%
POWL	B	0.92%	1.68%	0.92%
PTGX	C	0.62%	0.98%	0.62%
QCRH	B	0.72%	1.08%	0.72%
VITL	F	0.49%	0.91%	0.49%

FYC Overweight 229 Positions Relative to FDLS

Symbol	Grade	Weight
EAT	B	0.88%
PAYO	B	0.8%
PRIM	B	0.78%
RKLB	B	0.78%
WULF	C	0.77%
IESC	B	0.77%
ROAD	B	0.76%
IDCC	B	0.73%
PRCT	C	0.72%
PJT	B	0.72%
STRL	B	0.71%
ENVA	B	0.71%
FTDR	B	0.7%
RYTM	B	0.7%
TRUP	B	0.7%
ALHC	C	0.7%
GVA	B	0.7%
SGBX	F	0.69%
ATGE	B	0.69%
MCY	B	0.68%
YOU	D	0.68%
TGTX	B	0.68%
STEP	B	0.68%
LRN	B	0.68%
USLM	B	0.66%
CNK	B	0.65%
ACLX	B	0.65%
SATS	C	0.64%
SLVM	C	0.64%
PBI	C	0.64%
VCYT	B	0.63%
REVG	B	0.62%
DSGR	B	0.62%
SKYW	B	0.62%
TBBK	B	0.62%
TRN	B	0.62%
NHC	B	0.61%
KYMR	C	0.61%
LMND	B	0.61%
PRM	C	0.61%
AMRX	B	0.6%
ASTH	F	0.6%
ALKT	B	0.59%
CHEF	B	0.59%
HNI	B	0.59%
PTON	B	0.58%
DORM	B	0.57%
CALM	B	0.57%
DOCS	B	0.57%
NBHC	B	0.57%
GSHD	A	0.57%
INTA	B	0.57%
PRK	B	0.57%
SYBT	B	0.56%
JANX	C	0.56%
VCTR	B	0.55%
HWKN	C	0.55%
MNKD	C	0.55%
WWW	B	0.54%
OSW	A	0.54%
CRAI	B	0.54%
SKWD	A	0.54%
AGIO	B	0.54%
PTCT	B	0.54%
CWAN	B	0.53%
MWA	B	0.52%
AORT	C	0.52%
CCOI	C	0.52%
UFPT	C	0.51%
LMAT	B	0.51%
CDE	D	0.5%
SMTC	B	0.49%
FBP	B	0.49%
MIRM	B	0.49%
PLMR	C	0.48%
LFST	B	0.48%
TGLS	B	0.48%
CENX	B	0.47%
PRGS	A	0.47%
OUT	C	0.46%
NMIH	C	0.45%
SABR	B	0.44%
MBIN	D	0.44%
GERN	D	0.44%
SHAK	C	0.44%
VERX	B	0.44%
IOVA	D	0.44%
WTTR	B	0.43%
COLL	F	0.42%
CAKE	B	0.42%
CIFR	B	0.42%
BGC	C	0.42%
HURN	B	0.41%
BLBD	F	0.41%
RNG	B	0.41%
EVH	F	0.41%
SEMR	C	0.41%
APOG	B	0.41%
NRIX	B	0.41%
GABC	A	0.41%
BANF	B	0.41%
HRMY	D	0.4%
OII	B	0.4%
NPAB	F	0.4%
LITE	A	0.39%
CHCO	B	0.39%
CARG	B	0.38%
AMPH	C	0.38%
SITM	B	0.38%
ESE	B	0.38%
BLFS	C	0.37%
KN	B	0.37%
UE	B	0.37%
WT	B	0.37%
ASPN	F	0.36%
KTOS	B	0.36%
AAT	C	0.36%
TWST	F	0.35%
ICFI	C	0.35%
AZZ	B	0.35%
OSIS	B	0.34%
ADUS	D	0.34%
ESRT	D	0.34%
BRC	A	0.34%
BKD	F	0.33%
MGNI	A	0.33%
DOCN	D	0.33%
CWT	D	0.33%
PMT	D	0.32%
NHI	D	0.31%
IIPR	F	0.31%
NSA	D	0.3%
OCUL	C	0.29%
FLNC	D	0.29%
TNDM	F	0.28%
HEES	B	0.28%
HLIT	D	0.28%
EPAC	B	0.28%
LKFN	B	0.27%
TNL	A	0.27%
DRVN	A	0.27%
AGM	B	0.27%
BANC	B	0.27%
KNTK	B	0.27%
WRBY	B	0.27%
LGND	B	0.27%
IAS	D	0.27%
RXST	F	0.26%
SXI	B	0.26%
AROC	B	0.26%
KW	C	0.25%
AGYS	B	0.25%
MGEE	A	0.25%
SWI	B	0.25%
WDFC	B	0.25%
CDP	C	0.25%
SXT	B	0.24%
DNLI	B	0.24%
SKT	B	0.24%
MAC	B	0.24%
ARQT	B	0.24%
JJSF	B	0.24%
NVAX	F	0.24%
NEO	B	0.24%
SCS	C	0.23%
ANIP	C	0.23%
CDRE	F	0.23%
ELME	D	0.23%
AESI	C	0.23%
GTY	B	0.23%
CMPR	D	0.23%
NXRT	C	0.23%
HUMA	F	0.23%
CPK	A	0.23%
PHR	D	0.22%
GTX	D	0.22%
FCPT	C	0.22%
ACVA	C	0.22%
ARDX	F	0.22%
MYGN	F	0.22%
UMH	C	0.22%
ALX	D	0.22%
AIV	C	0.22%
EPR	D	0.21%
HLX	D	0.21%
MIR	C	0.16%
PAR	B	0.15%
WABC	B	0.14%
APPN	B	0.14%
CTS	B	0.14%
TGI	B	0.14%
SOUN	C	0.14%
PLAY	C	0.14%
APAM	B	0.13%
CBZ	B	0.13%
WEN	C	0.13%
CLB	C	0.13%
MLNK	C	0.13%
CARS	B	0.12%
AMC	C	0.12%
FBRT	C	0.12%
JAMF	F	0.12%
ACAD	C	0.12%
AWR	B	0.12%
LTC	B	0.12%
SMPL	B	0.12%
RRR	F	0.12%
STRA	C	0.12%
YELP	C	0.12%
FOLD	D	0.12%
BL	B	0.12%
PZZA	D	0.12%
BEAM	C	0.12%
JOE	F	0.11%
NSSC	F	0.11%
GNL	D	0.11%
AZTA	F	0.11%
TNC	F	0.11%
ARLO	D	0.11%
ENVX	F	0.11%
BXMT	D	0.11%
TR	C	0.11%
THR	D	0.11%
IRDM	C	0.11%
XPRO	F	0.1%
RLAY	F	0.1%
VECO	F	0.1%
CLDX	F	0.09%
LPG	F	0.09%

FYC Underweight 87 Positions Relative to FDLS

Symbol	Grade	Weight
TDS	B	-1.3%
SFM	B	-1.28%
DOCU	B	-1.24%
DAL	A	-1.21%
TILE	B	-1.21%
IBKR	A	-1.19%
STLD	B	-1.18%
HQY	B	-1.18%
NECB	B	-1.17%
TRGP	B	-1.16%
PPC	B	-1.16%
OPRA	C	-1.16%
NTNX	B	-1.14%
ACIW	B	-1.14%
GRMN	A	-1.14%
TCBX	B	-1.14%
VNET	D	-1.13%
EME	B	-1.1%
MNDY	C	-1.1%
BKR	B	-1.1%
FIX	B	-1.1%
HWM	A	-1.09%
ITRI	B	-1.09%
BBW	C	-1.08%
BFH	B	-1.08%
DECK	B	-1.07%
EHC	A	-1.07%
TSM	C	-1.07%
CVLT	A	-1.06%
SMWB	A	-1.06%
QNST	C	-1.05%
HNST	B	-1.05%
FCNCA	B	-1.05%
CTAS	A	-1.04%
CAT	C	-1.04%
HSTM	A	-1.04%
SAIC	C	-1.04%
GEN	A	-1.04%
VIRC	B	-1.03%
CSTL	C	-1.03%
TCMD	B	-1.03%
LGTY	B	-1.02%
OSPN	A	-1.01%
WLDN	C	-1.0%
CBT	C	-1.0%
MPLX	B	-1.0%
VIRT	B	-1.0%
WWD	B	-1.0%
WRB	B	-0.98%
RNR	D	-0.97%
BMI	B	-0.97%
PGR	A	-0.96%
RMD	C	-0.96%
THC	B	-0.96%
RGA	A	-0.96%
FANG	D	-0.95%
PNW	B	-0.95%
LII	B	-0.95%
APPF	B	-0.94%
QCOM	F	-0.94%
BELFB	C	-0.94%
PLUS	F	-0.93%
OFG	B	-0.92%
UGI	D	-0.92%
FRST	B	-0.91%
FRBA	C	-0.9%
WES	D	-0.9%
TSN	C	-0.9%
DVA	C	-0.88%
EGY	F	-0.88%
MGIC	C	-0.88%
ANGI	F	-0.87%
HY	F	-0.85%
ESEA	D	-0.85%
PHM	D	-0.85%
NOMD	F	-0.84%
UHS	D	-0.83%
DHI	F	-0.82%
BG	D	-0.82%
MELI	D	-0.8%
NEM	F	-0.8%
MG	D	-0.8%
CRUS	F	-0.78%
EVER	D	-0.78%
FSLR	F	-0.76%
ASC	F	-0.68%
ATNI	F	-0.68%