IGM vs. FXL ETF Comparison

Comparison of iShares North American Tech ETF (IGM) to First Trust Technology AlphaDEX (FXL)

IGM

iShares North American Tech ETF

IGM Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P North American Technology Sector IndexTM (the "underlying index"). The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of U.S.-traded stocks of technology-related companies in the United States and Canada. Components primarily include information technology and technology companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$100.95

Average Daily Volume

245,941

Number of Holdings ^*

270

* may have additional holdings in another (foreign) market

FXL

First Trust Technology AlphaDEX

FXL 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) Technology 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 technology sector 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

$154.02

Average Daily Volume

17,257

Number of Holdings ^*

102

* may have additional holdings in another (foreign) market

Performance

Period	IGM	FXL
30 Days	4.30%	10.22%
60 Days	6.84%	12.16%
90 Days	7.57%	12.82%
12 Months	43.23%	31.26%

86 Overlapping Holdings

Symbol	Grade	Weight in IGM	Weight in FXL	Overlap
AAPL	C	7.98%	0.91%	0.91%
ADI	D	0.8%	0.27%	0.27%
ADSK	A	0.51%	0.66%	0.51%
AKAM	D	0.1%	1.04%	0.1%
ALGM	D	0.02%	0.25%	0.02%
AMAT	F	1.1%	0.86%	0.86%
AMD	F	1.71%	0.25%	0.25%
AMKR	D	0.02%	1.32%	0.02%
ANSS	B	0.23%	0.32%	0.23%
APH	A	0.67%	0.66%	0.66%
APP	B	0.49%	3.39%	0.49%
APPF	B	0.04%	0.29%	0.04%
ARW	D	0.05%	1.35%	0.05%
AVGO	D	4.19%	1.17%	1.17%
AVT	C	0.04%	1.52%	0.04%
CDW	F	0.19%	0.24%	0.19%
CRM	B	2.47%	0.72%	0.72%
CRUS	D	0.04%	0.97%	0.04%
CRWD	B	0.61%	0.36%	0.36%
CTSH	B	0.3%	1.63%	0.3%
DBX	B	0.05%	1.01%	0.05%
DDOG	A	0.31%	0.34%	0.31%
DELL	C	0.3%	1.06%	0.3%
DLB	B	0.03%	0.89%	0.03%
DOCU	A	0.13%	1.53%	0.13%
DT	C	0.12%	1.19%	0.12%
DV	C	0.02%	0.71%	0.02%
DXC	B	0.03%	1.62%	0.03%
EPAM	C	0.11%	1.15%	0.11%
FFIV	B	0.11%	1.03%	0.11%
FTNT	C	0.47%	1.44%	0.47%
GDDY	A	0.2%	1.4%	0.2%
GEN	B	0.13%	0.32%	0.13%
GLW	B	0.28%	0.31%	0.28%
GOOGL	C	4.83%	0.63%	0.63%
GTLB	B	0.05%	0.35%	0.05%
GWRE	A	0.12%	1.66%	0.12%
HCP	B	0.04%	0.93%	0.04%
HPE	B	0.21%	1.62%	0.21%
HPQ	B	0.28%	1.21%	0.28%
IAC	D	0.03%	0.52%	0.03%
IBM	C	1.48%	0.56%	0.56%
INTC	D	0.81%	1.26%	0.81%
IPGP	D	0.02%	1.57%	0.02%
IT	C	0.32%	0.99%	0.32%
JBL	B	0.11%	1.28%	0.11%
KD	B	0.05%	0.36%	0.05%
KLAC	D	0.65%	0.25%	0.25%
LSCC	D	0.05%	0.57%	0.05%
MANH	D	0.13%	1.18%	0.13%
MCHP	D	0.26%	0.48%	0.26%
META	D	8.33%	1.57%	1.57%
MPWR	F	0.22%	0.74%	0.22%
MSFT	F	7.68%	0.29%	0.29%
MSTR	C	0.47%	1.15%	0.47%
MTCH	D	0.06%	0.77%	0.06%
MU	D	0.84%	0.28%	0.28%
NET	B	0.21%	0.34%	0.21%
NOW	A	1.63%	1.38%	1.38%
NTAP	C	0.19%	0.89%	0.19%
NTNX	A	0.13%	1.12%	0.13%
NVDA	C	9.42%	1.43%	1.43%
OLED	D	0.06%	0.47%	0.06%
ON	D	0.22%	1.44%	0.22%
ONTO	D	0.06%	0.47%	0.06%
ORCL	B	2.3%	1.3%	1.3%
PANW	C	0.98%	1.08%	0.98%
PEGA	A	0.03%	1.88%	0.03%
PLTR	B	1.04%	2.47%	1.04%
PSTG	D	0.12%	0.29%	0.12%
QCOM	F	1.4%	0.9%	0.9%
RNG	B	0.02%	1.08%	0.02%
ROP	B	0.46%	0.6%	0.46%
S	B	0.06%	1.07%	0.06%
SMAR	A	0.06%	1.57%	0.06%
SMCI	F	0.07%	0.26%	0.07%
SNX	C	0.07%	1.14%	0.07%
SWKS	F	0.1%	1.32%	0.1%
TER	D	0.13%	0.47%	0.13%
TWLO	A	0.12%	1.39%	0.12%
TXN	C	1.44%	0.59%	0.59%
TYL	B	0.2%	1.25%	0.2%
U	C	0.04%	0.49%	0.04%
VRSN	F	0.12%	0.57%	0.12%
WDAY	B	0.43%	0.33%	0.33%
ZM	B	0.17%	1.4%	0.17%

IGM Overweight 184 Positions Relative to FXL

Symbol	Grade	Weight
GOOG	C	3.99%
NFLX	A	2.77%
CSCO	B	1.81%
ADBE	C	1.75%
ACN	C	1.74%
INTU	C	1.51%
ANET	C	0.75%
LRCX	F	0.72%
MSI	B	0.64%
SNPS	B	0.63%
CDNS	B	0.62%
MRVL	B	0.6%
NXPI	D	0.43%
FICO	B	0.43%
TEL	B	0.35%
SNOW	C	0.33%
TEAM	A	0.3%
EA	A	0.3%
HUBS	A	0.27%
TTWO	A	0.23%
RBLX	C	0.21%
KEYS	A	0.2%
PTC	A	0.18%
TDY	B	0.17%
ZBRA	B	0.16%
STX	D	0.16%
FSLR	F	0.16%
WDC	D	0.16%
MDB	C	0.16%
ZS	C	0.15%
TRMB	B	0.14%
PINS	D	0.13%
ENTG	D	0.12%
COHR	B	0.11%
SNAP	C	0.09%
OKTA	C	0.09%
JNPR	F	0.09%
CIEN	B	0.08%
IOT	A	0.08%
BILL	A	0.07%
FN	D	0.07%
MKSI	C	0.06%
MTSI	B	0.06%
BSY	D	0.06%
ESTC	C	0.06%
PCOR	B	0.06%
CVLT	B	0.06%
ENPH	F	0.06%
VRNS	D	0.05%
VNT	B	0.05%
QTWO	A	0.05%
LFUS	F	0.05%
NOVT	D	0.05%
ALTR	B	0.05%
MARA	C	0.05%
QRVO	F	0.05%
BMI	B	0.05%
AZPN	A	0.05%
SPSC	C	0.05%
CFLT	B	0.05%
CGNX	C	0.05%
IDCC	A	0.04%
WK	B	0.04%
CWAN	B	0.04%
CCCS	B	0.04%
BOX	B	0.04%
TENB	C	0.04%
AUR	C	0.04%
BDC	B	0.04%
ITRI	B	0.04%
IONQ	B	0.04%
QLYS	C	0.04%
PATH	C	0.04%
LITE	B	0.04%
RMBS	C	0.04%
CRDO	B	0.04%
ACIW	B	0.04%
SLAB	D	0.03%
BLKB	B	0.03%
SMTC	B	0.03%
RIOT	C	0.03%
POWI	D	0.03%
CLSK	C	0.03%
SITM	B	0.03%
ZETA	D	0.03%
NCNO	B	0.03%
ASGN	F	0.03%
PI	D	0.03%
AEIS	B	0.03%
SANM	B	0.03%
PLXS	B	0.03%
NSIT	F	0.03%
VYX	B	0.02%
BRZE	C	0.02%
EXTR	B	0.02%
PLUS	F	0.02%
VIAV	B	0.02%
AMBA	B	0.02%
YOU	D	0.02%
DOCN	D	0.02%
ALKT	B	0.02%
TTMI	B	0.02%
ACLS	F	0.02%
VERX	B	0.02%
OSIS	B	0.02%
ZD	C	0.02%
YELP	C	0.02%
DIOD	D	0.02%
KLIC	B	0.02%
RPD	C	0.02%
AGYS	A	0.02%
CXT	B	0.02%
MIR	A	0.02%
INTA	A	0.02%
TDC	D	0.02%
FIVN	C	0.02%
AI	B	0.02%
FRSH	C	0.02%
ZI	D	0.02%
FORM	D	0.02%
PRGS	A	0.02%
SYNA	C	0.02%
ALRM	C	0.02%
BL	B	0.02%
CARG	C	0.02%
SWI	B	0.01%
ZIP	F	0.01%
NTGR	B	0.01%
NABL	F	0.01%
SSTK	F	0.01%
BMBL	C	0.01%
FSLY	D	0.01%
CNXN	C	0.01%
GDYN	B	0.01%
WOLF	F	0.01%
COMM	D	0.01%
CXM	C	0.01%
PDFS	C	0.01%
AAOI	B	0.01%
XRX	F	0.01%
JAMF	F	0.01%
PRO	C	0.01%
ICHR	C	0.01%
MXL	C	0.01%
DGII	B	0.01%
ASAN	C	0.01%
COHU	C	0.01%
ATEN	B	0.01%
ADEA	D	0.01%
NSSC	D	0.01%
MTTR	B	0.01%
ZUO	B	0.01%
HLIT	D	0.01%
INFN	C	0.01%
SPT	C	0.01%
VRNT	C	0.01%
AVPT	A	0.01%
APPN	B	0.01%
VECO	F	0.01%
PLAB	C	0.01%
DBD	C	0.01%
TRIP	F	0.01%
UCTT	D	0.01%
NTCT	C	0.01%
KN	B	0.01%
CTS	C	0.01%
BHE	B	0.01%
ROG	D	0.01%
CALX	D	0.01%
VSH	D	0.01%
PD	C	0.01%
ENV	B	0.01%
RAMP	C	0.01%
AVNW	F	0.0%
CRSR	C	0.0%
CLFD	D	0.0%
RBBN	C	0.0%
SEMR	B	0.0%
PLTK	B	0.0%
ADTN	A	0.0%
VSAT	F	0.0%
MLNK	B	0.0%
SEDG	F	0.0%
ETWO	F	0.0%

IGM Underweight 16 Positions Relative to FXL

Symbol	Grade	Weight
TOST	B	-2.22%
VRT	B	-1.89%
DASH	A	-1.89%
GFS	C	-1.65%
PAYC	B	-1.6%
DNB	B	-1.27%
CNXC	F	-1.21%
DOX	D	-1.16%
SSNC	B	-0.93%
CACI	D	-0.91%
SAIC	F	-0.84%
DAY	B	-0.74%
GLOB	B	-0.68%
KBR	F	-0.55%
PYCR	C	-0.36%
INFA	D	-0.3%

IGM: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Semiconductors Communication Equipment Semiconductor Equipment & Materials Information Technology Services Internet Content & Information Electronic Components Scientific & Technical Instruments Data Storage Contract Manufacturers Telecom Services Computer Hardware Computer Systems Business Services Capital Markets Consumer Electronics Diversified Industrials Electronic Gaming & Multimedia Electronic Gaming & Multimedia

FXL: Top Represented Industries & Keywords

Industries: Software - Application Semiconductors Software - Infrastructure Information Technology Services Internet Content & Information Semiconductor Equipment & Materials Computer Systems Data Storage Electronic Components Telecom Services Business Services Communication Equipment Computer Hardware Conglomerates Consumer Electronics Contract Manufacturers Diversified Industrials Electronics & Computer Distribution Electronics Distribution Engineering & Construction