HDV vs. FTA ETF Comparison

Comparison of iShares High Dividend ETF (HDV) to First Trust Large Cap Value AlphaDEX Fund (based onthe Defined Large Cap Value Index (FTA)

HDV

iShares High Dividend ETF

HDV Description

The investment seeks to track the investment results of an index composed of relatively high dividend paying U.S. equities. The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the MorningstarÂ® Dividend Yield Focus IndexSM (the "underlying index"), which offers exposure to high quality U.S.-domiciled companies that have had strong financial health and an ability to sustain above average dividend payouts. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$120.79

Average Daily Volume

391,141

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FTA

First Trust Large Cap Value AlphaDEX Fund (based onthe Defined Large Cap Value Index

FTA 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 Large Cap Value 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 500(R) Value 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

$82.72

Average Daily Volume

39,082

Number of Holdings ^*

186

* may have additional holdings in another (foreign) market

Performance

Period	HDV	FTA
30 Days	1.45%	4.88%
60 Days	2.77%	5.23%
90 Days	4.36%	6.80%
12 Months	27.18%	26.69%

41 Overlapping Holdings

Symbol	Grade	Weight in HDV	Weight in FTA	Overlap
AEE	A	0.42%	0.72%	0.42%
AEP	D	0.93%	0.47%	0.47%
ATO	A	0.28%	0.73%	0.28%
CINF	A	0.31%	0.96%	0.31%
CLX	B	0.34%	0.17%	0.17%
CMS	C	0.33%	0.34%	0.33%
COP	C	2.19%	0.94%	0.94%
CSCO	B	4.17%	0.38%	0.38%
CTRA	B	0.38%	0.93%	0.38%
CVX	A	7.11%	0.96%	0.96%
DOW	F	0.95%	0.42%	0.42%
DRI	B	0.4%	0.36%	0.36%
DTE	C	0.44%	0.48%	0.44%
DUK	C	1.68%	0.49%	0.49%
DVN	F	0.48%	0.88%	0.48%
EIX	B	0.64%	0.33%	0.33%
EOG	A	1.31%	0.97%	0.97%
FE	C	0.44%	0.32%	0.32%
GIS	D	0.65%	0.31%	0.31%
GPC	D	0.28%	0.31%	0.28%
JNJ	D	6.03%	0.33%	0.33%
KMI	A	1.59%	0.85%	0.85%
LMT	D	1.39%	0.16%	0.16%
LNT	A	0.27%	0.5%	0.27%
LYB	F	0.67%	0.76%	0.67%
MDT	D	1.87%	0.16%	0.16%
NI	A	0.28%	0.53%	0.28%
OKE	A	1.51%	0.42%	0.42%
OMC	C	0.32%	0.17%	0.17%
PEP	F	3.84%	0.17%	0.17%
PNC	B	1.64%	0.39%	0.39%
PPL	B	0.43%	0.51%	0.43%
PSX	C	1.09%	0.87%	0.87%
SNA	A	0.28%	0.63%	0.28%
SRE	A	0.95%	0.76%	0.76%
SWKS	F	0.2%	0.6%	0.2%
SYY	B	0.55%	0.49%	0.49%
T	A	4.52%	0.89%	0.89%
TROW	B	0.7%	0.97%	0.7%
WEC	A	0.58%	0.35%	0.35%
XOM	B	10.17%	0.9%	0.9%

HDV Overweight 34 Positions Relative to FTA

Symbol	Grade	Weight
ABBV	D	5.23%
PM	B	4.53%
MO	A	3.82%
MRK	F	3.67%
KO	D	3.66%
IBM	C	3.35%
TXN	C	2.65%
SO	D	1.68%
BX	A	1.64%
WMB	A	1.58%
KMB	D	0.83%
PAYX	C	0.76%
PEG	A	0.69%
AMCR	D	0.37%
EVRG	A	0.34%
EMN	D	0.22%
DTM	B	0.21%
OGE	B	0.19%
EXE	B	0.18%
AM	A	0.18%
JHG	A	0.14%
APAM	B	0.13%
INGR	B	0.12%
WU	D	0.12%
NFG	A	0.11%
IDA	A	0.11%
MC	C	0.11%
NJR	A	0.1%
MSM	C	0.09%
ALE	A	0.09%
RDN	C	0.08%
VCTR	B	0.05%
CNS	B	0.04%
REYN	D	0.03%

HDV Underweight 145 Positions Relative to FTA

Symbol	Grade	Weight
UAL	A	-1.4%
SYF	B	-1.14%
GM	B	-1.13%
DAL	C	-1.12%
PCAR	B	-1.02%
FOXA	B	-0.98%
STLD	B	-0.96%
RS	B	-0.94%
HPE	B	-0.92%
F	C	-0.92%
AIG	B	-0.91%
HAL	C	-0.91%
VLO	C	-0.91%
CMCSA	B	-0.91%
WFC	A	-0.9%
TOL	B	-0.87%
COF	B	-0.86%
OXY	D	-0.86%
MPC	D	-0.85%
NUE	C	-0.85%
HBAN	A	-0.84%
EG	C	-0.82%
EQT	B	-0.82%
LNG	B	-0.82%
CFG	B	-0.8%
BG	F	-0.8%
PHM	D	-0.79%
LEN	D	-0.79%
OC	A	-0.78%
ETR	B	-0.78%
CVS	D	-0.77%
ADM	D	-0.77%
VTRS	A	-0.76%
C	A	-0.76%
INTC	D	-0.75%
FDX	B	-0.75%
CRBG	B	-0.74%
L	A	-0.74%
XEL	A	-0.74%
FANG	D	-0.74%
SLB	C	-0.73%
CTSH	B	-0.73%
CNP	B	-0.72%
KR	B	-0.72%
ZBH	C	-0.71%
ALLY	C	-0.71%
CB	C	-0.7%
CF	B	-0.7%
HIG	B	-0.69%
APTV	D	-0.66%
EXC	C	-0.66%
ON	D	-0.65%
MS	A	-0.65%
VZ	C	-0.64%
DG	F	-0.64%
ED	D	-0.64%
CHTR	C	-0.62%
BKR	B	-0.61%
MTB	A	-0.61%
IP	B	-0.6%
DHI	D	-0.6%
BAC	A	-0.59%
RF	A	-0.58%
FITB	A	-0.57%
TDY	B	-0.56%
LUV	C	-0.56%
TRV	B	-0.56%
USB	A	-0.56%
STT	A	-0.55%
CNC	D	-0.55%
DGX	A	-0.52%
TXT	D	-0.5%
D	C	-0.5%
AFL	B	-0.5%
EQR	B	-0.5%
ULTA	F	-0.5%
TGT	F	-0.5%
EBAY	D	-0.49%
HRL	D	-0.49%
CE	F	-0.48%
BLDR	D	-0.48%
DE	A	-0.48%
STX	D	-0.46%
RJF	A	-0.46%
KHC	F	-0.46%
AKAM	D	-0.45%
BBY	D	-0.45%
BIIB	F	-0.44%
ZM	B	-0.42%
DIS	B	-0.4%
KEY	B	-0.4%
JBHT	C	-0.38%
TSN	B	-0.38%
NWSA	B	-0.38%
PKG	A	-0.38%
RGA	A	-0.37%
KIM	A	-0.37%
HPQ	B	-0.36%
CSX	B	-0.36%
PRU	A	-0.36%
SSNC	B	-0.35%
FNF	B	-0.34%
NVR	D	-0.33%
DOC	D	-0.33%
CARR	D	-0.33%
PPG	F	-0.33%
HSY	F	-0.33%
ARE	D	-0.32%
MOH	F	-0.31%
KDP	D	-0.31%
HUM	C	-0.31%
WLK	D	-0.3%
ELV	F	-0.27%
PYPL	B	-0.19%
CMI	A	-0.19%
ODFL	B	-0.19%
ACN	C	-0.18%
LHX	C	-0.18%
WRB	A	-0.18%
APD	A	-0.18%
LH	C	-0.18%
IEX	B	-0.18%
J	F	-0.18%
KEYS	A	-0.17%
GD	F	-0.17%
UPS	C	-0.17%
NDSN	B	-0.17%
CTVA	C	-0.17%
MAA	B	-0.17%
LOW	D	-0.17%
HD	A	-0.17%
PFG	D	-0.17%
SBUX	A	-0.17%
CPB	D	-0.16%
WY	D	-0.16%
EXPD	D	-0.16%
DD	D	-0.16%
CI	F	-0.16%
MAS	D	-0.16%
HOLX	D	-0.16%
FTV	C	-0.16%
NKE	D	-0.15%
MDLZ	F	-0.15%
AWK	D	-0.15%
CAG	D	-0.14%