FYC vs. IQRA ETF Comparison

Comparison of First Trust Small Cap Growth AlphaDEX Fund (FYC) to IQ MacKay Municipal Insured ETF IQ CBRE Real Assets ETF (IQRA)

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

$78.89

Average Daily Volume

25,816

Number of Holdings ^*

240

* may have additional holdings in another (foreign) market

IQRA

IQ MacKay Municipal Insured ETF IQ CBRE Real Assets ETF

IQRA Description

The fund will normally invest at least 80% of its assets (net assets plus borrowings for investment purposes) in securities issued by real assets companies. Under normal circumstances, the fund invests primarily in common stock, but may also invest in other equity securities including preferred stock, convertible securities, rights or warrants to buy common stocks, master limited partnerships ("MLPs"), and depositary receipts with characteristics similar to common stock.

Grade (RS Rating)

Last Trade

$26.61

Average Daily Volume

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FYC	IQRA
30 Days	2.92%	-3.71%
60 Days	8.18%	-3.35%
90 Days	13.09%	1.64%
12 Months	41.14%	18.81%

4 Overlapping Holdings

Symbol	Grade	Weight in FYC	Weight in IQRA	Overlap
CPK	A	0.23%	0.63%	0.23%
ESRT	D	0.34%	0.89%	0.34%
FCPT	C	0.22%	0.32%	0.22%
UE	B	0.37%	1.04%	0.37%

FYC Overweight 236 Positions Relative to IQRA

Symbol	Grade	Weight
POWL	C	0.92%
EAT	A	0.88%
PAYO	A	0.8%
PRIM	A	0.78%
RKLB	B	0.78%
WULF	C	0.77%
IESC	B	0.77%
ROAD	B	0.76%
IDCC	A	0.73%
PRCT	B	0.72%
PJT	A	0.72%
QCRH	A	0.72%
STRL	B	0.71%
ENVA	A	0.71%
FTDR	B	0.7%
RYTM	C	0.7%
TRUP	A	0.7%
ALHC	C	0.7%
GVA	A	0.7%
SGBX	F	0.69%
ATGE	B	0.69%
MCY	A	0.68%
YOU	D	0.68%
TGTX	B	0.68%
STEP	A	0.68%
LRN	A	0.68%
USLM	A	0.66%
CNK	A	0.65%
ACLX	C	0.65%
SATS	D	0.64%
SLVM	B	0.64%
PBI	C	0.64%
VCYT	B	0.63%
REVG	A	0.62%
DSGR	C	0.62%
PTGX	D	0.62%
SKYW	A	0.62%
TBBK	A	0.62%
TRN	A	0.62%
NHC	B	0.61%
KYMR	C	0.61%
LMND	A	0.61%
PRM	C	0.61%
AMRX	C	0.6%
ASTH	F	0.6%
ALKT	B	0.59%
CHEF	B	0.59%
HNI	A	0.59%
PTON	B	0.58%
DORM	B	0.57%
CALM	A	0.57%
DOCS	C	0.57%
NBHC	A	0.57%
GSHD	A	0.57%
INTA	B	0.57%
PRK	A	0.57%
ADMA	C	0.57%
SYBT	A	0.56%
JANX	C	0.56%
VCTR	B	0.55%
HWKN	C	0.55%
MNKD	B	0.55%
WWW	A	0.54%
OSW	B	0.54%
CRAI	B	0.54%
SKWD	A	0.54%
AGIO	B	0.54%
PTCT	B	0.54%
CWAN	B	0.53%
CPRX	C	0.53%
MWA	A	0.52%
AORT	B	0.52%
CCOI	B	0.52%
UFPT	C	0.51%
LMAT	A	0.51%
CDE	D	0.5%
SMTC	C	0.49%
FBP	A	0.49%
VITL	F	0.49%
MIRM	A	0.49%
PLMR	A	0.48%
BCRX	D	0.48%
LFST	C	0.48%
TGLS	A	0.48%
CENX	A	0.47%
PRGS	B	0.47%
CHWY	B	0.47%
OUT	A	0.46%
NMIH	D	0.45%
SABR	B	0.44%
MBIN	D	0.44%
GERN	F	0.44%
SHAK	B	0.44%
VERX	A	0.44%
IOVA	D	0.44%
OSCR	F	0.43%
WTTR	A	0.43%
COLL	F	0.42%
CAKE	A	0.42%
CIFR	B	0.42%
BGC	B	0.42%
HURN	B	0.41%
BLBD	F	0.41%
RNG	B	0.41%
EVH	F	0.41%
SEMR	D	0.41%
APOG	B	0.41%
NRIX	C	0.41%
GABC	A	0.41%
BANF	A	0.41%
HRMY	D	0.4%
OII	B	0.4%
NPAB	F	0.4%
LITE	A	0.39%
CHCO	A	0.39%
CARG	A	0.38%
AMPH	F	0.38%
SITM	B	0.38%
ESE	A	0.38%
BLFS	D	0.37%
KN	B	0.37%
WT	A	0.37%
ASPN	F	0.36%
KTOS	B	0.36%
AAT	C	0.36%
TWST	F	0.35%
ICFI	F	0.35%
AZZ	B	0.35%
OSIS	A	0.34%
ADUS	D	0.34%
BRC	C	0.34%
BKD	F	0.33%
MGNI	A	0.33%
GFF	A	0.33%
DOCN	D	0.33%
CWT	C	0.33%
PMT	D	0.32%
NHI	D	0.31%
IIPR	F	0.31%
NSA	C	0.3%
OCUL	C	0.29%
FLNC	D	0.29%
TNDM	F	0.28%
HEES	B	0.28%
HLIT	F	0.28%
CEIX	A	0.28%
EPAC	B	0.28%
LKFN	A	0.27%
TNL	A	0.27%
DRVN	A	0.27%
AGM	A	0.27%
BANC	A	0.27%
KNTK	A	0.27%
WRBY	A	0.27%
LGND	B	0.27%
IAS	D	0.27%
RXST	F	0.26%
SXI	A	0.26%
AROC	A	0.26%
KW	C	0.25%
AGYS	A	0.25%
MGEE	A	0.25%
SWI	B	0.25%
WDFC	A	0.25%
CDP	C	0.25%
SXT	C	0.24%
DNLI	C	0.24%
SKT	A	0.24%
MAC	A	0.24%
ARQT	D	0.24%
JJSF	C	0.24%
NVAX	F	0.24%
NEO	C	0.24%
SCS	B	0.23%
ANIP	D	0.23%
CDRE	D	0.23%
ELME	D	0.23%
AESI	D	0.23%
GTY	C	0.23%
CMPR	F	0.23%
NXRT	A	0.23%
HUMA	F	0.23%
PHR	F	0.22%
GTX	D	0.22%
ACVA	A	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	A	0.16%
PAR	A	0.15%
WABC	A	0.14%
APPN	B	0.14%
CTS	B	0.14%
TGI	A	0.14%
SOUN	C	0.14%
PLAY	C	0.14%
APAM	A	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	A	0.12%
LTC	B	0.12%
SMPL	B	0.12%
RRR	D	0.12%
STRA	C	0.12%
YELP	C	0.12%
FOLD	F	0.12%
BL	B	0.12%
PZZA	D	0.12%
BEAM	D	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	A	0.11%
THR	C	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 43 Positions Relative to IQRA

Symbol	Grade	Weight
SPG	A	-5.24%
O	D	-3.83%
EQIX	B	-3.7%
TRGP	A	-3.35%
CSX	B	-2.74%
WEC	A	-2.63%
SUI	D	-2.15%
NEE	C	-2.09%
WELL	A	-2.06%
AMT	D	-1.97%
PPL	A	-1.57%
PCG	A	-1.55%
HST	D	-1.44%
REG	A	-1.31%
CUBE	C	-1.3%
DLR	A	-1.2%
ATO	A	-1.02%
ADC	A	-1.01%
EXR	C	-1.0%
PAGP	A	-0.94%
IRM	D	-0.92%
CMS	C	-0.92%
XEL	A	-0.9%
WTRG	C	-0.87%
REXR	F	-0.84%
OGE	A	-0.84%
CNI	F	-0.82%
VICI	C	-0.79%
SRE	A	-0.77%
DTE	C	-0.76%
EVRG	A	-0.75%
NSC	B	-0.74%
AES	F	-0.71%
COLD	F	-0.71%
CNP	A	-0.66%
BRX	A	-0.62%
AEE	A	-0.53%
PSA	C	-0.5%
CEG	D	-0.48%
ALE	A	-0.41%
INVH	D	-0.41%
KMI	A	-0.35%
POR	D	-0.34%