IVE vs. FTA ETF Comparison

Comparison of iShares S&P 500 Value ETF (IVE) to First Trust Large Cap Value AlphaDEX Fund (based onthe Defined Large Cap Value Index (FTA)

IVE

iShares S&P 500 Value ETF

IVE Description

The investment seeks to track the investment results of an index composed of large-capitalization U.S. equities that exhibit value characteristics. 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. It seeks to track the investment results of the S&P 500® Value Index (the "underlying index"), which measures the performance of the large-capitalization value sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$203.74

Average Daily Volume

513,295

Number of Holdings ^*

436

* 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	IVE	FTA
30 Days	2.72%	4.88%
60 Days	3.94%	5.23%
90 Days	6.02%	6.80%
12 Months	26.65%	26.69%

167 Overlapping Holdings

	Symbol	Grade	Weight in IVE	Weight in FTA	Overlap
	ACN	C	0.48%	0.18%	0.18%
	ADM	D	0.12%	0.77%	0.12%
	AEE	A	0.11%	0.72%	0.11%
	AEP	D	0.24%	0.47%	0.24%
	AFL	B	0.26%	0.5%	0.26%
	AIG	B	0.23%	0.91%	0.23%
	AKAM	D	0.03%	0.45%	0.03%
	APD	A	0.33%	0.18%	0.18%
	APTV	D	0.07%	0.66%	0.07%
	ARE	D	0.08%	0.32%	0.08%
	ATO	A	0.11%	0.73%	0.11%
	AWK	D	0.12%	0.15%	0.12%
	BAC	A	1.48%	0.59%	0.59%
	BBY	D	0.09%	0.45%	0.09%
	BG	F	0.06%	0.8%	0.06%
	BIIB	F	0.11%	0.44%	0.11%
	BKR	B	0.2%	0.61%	0.2%
	C	A	0.62%	0.76%	0.62%
	CAG	D	0.06%	0.14%	0.06%
	CARR	D	0.15%	0.33%	0.15%
	CB	C	0.51%	0.7%	0.51%
	CF	B	0.03%	0.7%	0.03%
	CFG	B	0.1%	0.8%	0.1%
	CHTR	C	0.1%	0.62%	0.1%
	CI	F	0.42%	0.16%	0.16%
	CINF	A	0.11%	0.96%	0.11%
	CLX	B	0.1%	0.17%	0.1%
	CMCSA	B	0.78%	0.91%	0.78%
	CMI	A	0.23%	0.19%	0.19%
	CMS	C	0.1%	0.34%	0.1%
	CNC	D	0.14%	0.55%	0.14%
	CNP	B	0.09%	0.72%	0.09%
	COF	B	0.33%	0.86%	0.33%
	COP	C	0.19%	0.94%	0.19%
	CPB	D	0.04%	0.16%	0.04%
	CSCO	B	1.09%	0.38%	0.38%
	CSX	B	0.16%	0.36%	0.16%
	CTRA	B	0.03%	0.93%	0.03%
	CTSH	B	0.18%	0.73%	0.18%
	CTVA	C	0.18%	0.17%	0.17%
	CVS	D	0.31%	0.77%	0.31%
	CVX	A	1.29%	0.96%	0.96%
	D	C	0.23%	0.5%	0.23%
	DAL	C	0.09%	1.12%	0.09%
	DD	D	0.16%	0.16%	0.16%
	DE	A	0.21%	0.48%	0.21%
	DG	F	0.08%	0.64%	0.08%
	DGX	A	0.08%	0.52%	0.08%
	DIS	B	0.98%	0.4%	0.4%
	DOC	D	0.07%	0.33%	0.07%
	DOW	F	0.15%	0.42%	0.15%
	DRI	B	0.04%	0.36%	0.04%
	DTE	C	0.12%	0.48%	0.12%
	DUK	C	0.41%	0.49%	0.41%
	DVN	F	0.11%	0.88%	0.11%
	EBAY	D	0.14%	0.49%	0.14%
	ED	D	0.16%	0.64%	0.16%
	EG	C	0.08%	0.82%	0.08%
	EIX	B	0.15%	0.33%	0.15%
	ELV	F	0.44%	0.27%	0.27%
	EOG	A	0.12%	0.97%	0.12%
	EQR	B	0.12%	0.5%	0.12%
	EQT	B	0.12%	0.82%	0.12%
	ETR	B	0.15%	0.78%	0.15%
	EXC	C	0.18%	0.66%	0.18%
	EXPD	D	0.05%	0.16%	0.05%
	F	C	0.2%	0.92%	0.2%
	FDX	B	0.31%	0.75%	0.31%
	FE	C	0.1%	0.32%	0.1%
	FITB	A	0.15%	0.57%	0.15%
	FOXA	B	0.05%	0.98%	0.05%
	GD	F	0.35%	0.17%	0.17%
	GIS	D	0.16%	0.31%	0.16%
	GM	B	0.3%	1.13%	0.3%
	GPC	D	0.08%	0.31%	0.08%
	HAL	C	0.12%	0.91%	0.12%
	HBAN	A	0.12%	0.84%	0.12%
	HD	A	1.2%	0.17%	0.17%
	HIG	B	0.16%	0.69%	0.16%
	HOLX	D	0.09%	0.16%	0.09%
	HPE	B	0.13%	0.92%	0.13%
	HPQ	B	0.17%	0.36%	0.17%
	HRL	D	0.04%	0.49%	0.04%
	HSY	F	0.07%	0.33%	0.07%
	HUM	C	0.16%	0.31%	0.16%
	IEX	B	0.08%	0.18%	0.08%
	INTC	D	0.49%	0.75%	0.49%
	IP	B	0.09%	0.6%	0.09%
	J	F	0.08%	0.18%	0.08%
	JBHT	C	0.07%	0.38%	0.07%
	JNJ	D	1.74%	0.33%	0.33%
	KDP	D	0.17%	0.31%	0.17%
	KEY	B	0.08%	0.4%	0.08%
	KEYS	A	0.12%	0.17%	0.12%
	KHC	F	0.13%	0.46%	0.13%
	KIM	A	0.08%	0.37%	0.08%
	KMI	A	0.25%	0.85%	0.25%
	KR	B	0.18%	0.72%	0.18%
	L	A	0.07%	0.74%	0.07%
	LEN	D	0.08%	0.79%	0.08%
	LH	C	0.09%	0.18%	0.09%
	LHX	C	0.22%	0.18%	0.18%
	LMT	D	0.53%	0.16%	0.16%
	LNT	A	0.07%	0.5%	0.07%
	LOW	D	0.72%	0.17%	0.17%
	LUV	C	0.09%	0.56%	0.09%
	LYB	F	0.1%	0.76%	0.1%
	MAA	B	0.09%	0.17%	0.09%
	MAS	D	0.04%	0.16%	0.04%
	MDLZ	F	0.23%	0.15%	0.15%
	MDT	D	0.53%	0.16%	0.16%
	MOH	F	0.03%	0.31%	0.03%
	MPC	D	0.11%	0.85%	0.11%
	MS	A	0.78%	0.65%	0.65%
	MTB	A	0.17%	0.61%	0.17%
	NDSN	B	0.07%	0.17%	0.07%
	NI	A	0.08%	0.53%	0.08%
	NKE	D	0.25%	0.15%	0.15%
	NUE	C	0.06%	0.85%	0.06%
	NWSA	B	0.05%	0.38%	0.05%
	OKE	A	0.11%	0.42%	0.11%
	OMC	C	0.09%	0.17%	0.09%
	ON	D	0.07%	0.65%	0.07%
	OXY	D	0.16%	0.86%	0.16%
	PCAR	B	0.07%	1.02%	0.07%
	PEP	F	0.65%	0.17%	0.17%
	PFG	D	0.09%	0.17%	0.09%
	PKG	A	0.1%	0.38%	0.1%
	PNC	B	0.39%	0.39%	0.39%
	PPG	F	0.13%	0.33%	0.13%
	PPL	B	0.12%	0.51%	0.12%
	PRU	A	0.21%	0.36%	0.21%
	PSX	C	0.26%	0.87%	0.26%
	PYPL	B	0.41%	0.19%	0.19%
	RF	A	0.11%	0.58%	0.11%
	RJF	A	0.14%	0.46%	0.14%
	SBUX	A	0.21%	0.17%	0.17%
	SLB	C	0.29%	0.73%	0.29%
	SNA	A	0.05%	0.63%	0.05%
	SRE	A	0.27%	0.76%	0.27%
	STLD	B	0.03%	0.96%	0.03%
	STT	A	0.13%	0.55%	0.13%
	STX	D	0.06%	0.46%	0.06%
	SWKS	F	0.06%	0.6%	0.06%
	SYF	B	0.12%	1.14%	0.12%
	SYY	B	0.17%	0.49%	0.17%
	T	A	0.76%	0.89%	0.76%
	TDY	B	0.1%	0.56%	0.1%
	TGT	F	0.33%	0.5%	0.33%
	TROW	B	0.12%	0.97%	0.12%
	TRV	B	0.28%	0.56%	0.28%
	TSN	B	0.09%	0.38%	0.09%
	TXT	D	0.07%	0.5%	0.07%
	UAL	A	0.14%	1.4%	0.14%
	ULTA	F	0.03%	0.5%	0.03%
	UPS	C	0.46%	0.17%	0.17%
	USB	A	0.37%	0.56%	0.37%
	VLO	C	0.21%	0.91%	0.21%
	VTRS	A	0.07%	0.76%	0.07%
	VZ	C	0.82%	0.64%	0.64%
	WEC	A	0.15%	0.35%	0.15%
	WFC	A	1.19%	0.9%	0.9%
	WRB	A	0.09%	0.18%	0.09%
	WY	D	0.11%	0.16%	0.11%
	XEL	A	0.18%	0.74%	0.18%
	XOM	B	2.49%	0.9%	0.9%
	ZBH	C	0.11%	0.71%	0.11%

IVE Overweight 269 Positions Relative to FTA

	Symbol	Grade	Weight
	BRK.A	B	4.04%
	JPM	A	3.28%
	WMT	A	1.72%
	UNH	C	1.59%
	PG	A	1.14%
	COST	B	1.09%
	ABT	B	0.95%
	IBM	C	0.89%
	GS	A	0.88%
	ABBV	D	0.86%
	V	A	0.83%
	NEE	D	0.74%
	RTX	C	0.74%
	AMGN	D	0.72%
	DHR	F	0.7%
	HON	B	0.7%
	KO	D	0.69%
	MRK	F	0.69%
	BLK	C	0.68%
	PFE	D	0.66%
	PM	B	0.59%
	SCHW	B	0.57%
	MA	C	0.57%
	TMO	F	0.57%
	MCD	D	0.55%
	BMY	B	0.54%
	TMUS	B	0.54%
	TXN	C	0.54%
	GILD	C	0.52%
	GE	D	0.51%
	MU	D	0.5%
	LIN	D	0.49%
	PLD	D	0.49%
	MO	A	0.45%
	SO	D	0.45%
	ICE	C	0.42%
	SPGI	C	0.42%
	QCOM	F	0.4%
	CAT	B	0.37%
	MCK	B	0.37%
	WELL	A	0.37%
	UNP	C	0.37%
	ADP	B	0.35%
	PGR	A	0.35%
	EMR	A	0.34%
	MMM	D	0.33%
	NOC	D	0.32%
	BDX	F	0.31%
	ISRG	A	0.3%
	TFC	A	0.29%
	NSC	B	0.28%
	BA	F	0.27%
	BK	A	0.27%
	BSX	B	0.27%
	FI	A	0.27%
	ETN	A	0.26%
	JCI	C	0.26%
	MMC	B	0.25%
	AMT	D	0.25%
	GEV	B	0.24%
	CME	A	0.24%
	ALL	A	0.24%
	FIS	C	0.23%
	SYK	C	0.23%
	AXP	A	0.23%
	MET	A	0.23%
	O	D	0.23%
	CL	D	0.22%
	NEM	D	0.22%
	TJX	A	0.22%
	SHW	A	0.21%
	PEG	A	0.21%
	PCG	A	0.21%
	EQIX	A	0.21%
	CCI	D	0.21%
	KMB	D	0.21%
	KVUE	A	0.21%
	COR	B	0.2%
	ADI	D	0.2%
	WMB	A	0.2%
	WM	A	0.2%
	VRTX	F	0.2%
	ITW	B	0.19%
	AON	A	0.19%
	APH	A	0.18%
	GEHC	F	0.18%
	CEG	D	0.18%
	CBRE	B	0.18%
	MCO	B	0.18%
	ZTS	D	0.17%
	GLW	B	0.17%
	BX	A	0.17%
	A	D	0.17%
	STZ	D	0.17%
	VICI	C	0.16%
	CTAS	B	0.16%
	HCA	F	0.16%
	ROP	B	0.16%
	WAB	B	0.16%
	MSI	B	0.16%
	RMD	C	0.16%
	SPG	B	0.16%
	EXR	D	0.16%
	ADSK	A	0.15%
	AJG	B	0.15%
	WTW	B	0.15%
	REGN	F	0.15%
	NDAQ	A	0.15%
	AVB	B	0.15%
	DLR	B	0.15%
	CAH	B	0.14%
	ABNB	C	0.14%
	GPN	B	0.14%
	XYL	D	0.14%
	ECL	D	0.14%
	PSA	D	0.14%
	FCX	D	0.14%
	TEL	B	0.13%
	PAYX	C	0.13%
	DOV	A	0.13%
	TT	A	0.13%
	VLTO	D	0.12%
	SW	A	0.12%
	EW	C	0.12%
	AMP	A	0.12%
	VTR	C	0.12%
	AME	A	0.11%
	FAST	B	0.11%
	OTIS	C	0.11%
	YUM	B	0.1%
	DFS	B	0.1%
	FSLR	F	0.1%
	WDC	D	0.1%
	WBD	C	0.1%
	IQV	D	0.1%
	LDOS	C	0.1%
	EA	A	0.1%
	K	A	0.1%
	NTRS	A	0.1%
	ES	D	0.1%
	IFF	D	0.1%
	RSG	A	0.09%
	BALL	D	0.09%
	EFX	F	0.09%
	MKC	D	0.09%
	ORLY	B	0.09%
	NRG	B	0.09%
	INVH	D	0.09%
	HWM	A	0.09%
	ESS	B	0.09%
	PH	A	0.09%
	ZBRA	B	0.09%
	MSCI	C	0.09%
	GEN	B	0.08%
	BAX	D	0.08%
	IRM	D	0.08%
	AZO	C	0.08%
	CSGP	D	0.08%
	TER	D	0.08%
	ROK	B	0.08%
	TSCO	D	0.08%
	TRMB	B	0.08%
	DELL	C	0.08%
	VRSK	A	0.08%
	NXPI	D	0.07%
	FFIV	B	0.07%
	SBAC	D	0.07%
	CHD	B	0.07%
	TTWO	A	0.07%
	EVRG	A	0.07%
	MNST	C	0.07%
	GRMN	B	0.07%
	AMCR	D	0.07%
	EL	F	0.07%
	PWR	A	0.07%
	IDXX	F	0.07%
	NTAP	C	0.07%
	MTD	D	0.07%
	AVY	D	0.07%
	DXCM	D	0.06%
	EMN	D	0.06%
	UHS	D	0.06%
	JNPR	F	0.06%
	MLM	B	0.06%
	REG	B	0.06%
	ALB	C	0.06%
	INCY	C	0.06%
	KMX	B	0.06%
	MRNA	F	0.06%
	ANSS	B	0.06%
	JKHY	D	0.06%
	HUBB	B	0.06%
	CPT	B	0.06%
	CHRW	C	0.06%
	DLTR	F	0.06%
	TPR	B	0.06%
	GWW	B	0.06%
	SWK	D	0.06%
	UDR	B	0.06%
	VMC	B	0.06%
	WAT	B	0.06%
	RVTY	F	0.06%
	MCHP	D	0.06%
	CDW	F	0.06%
	CRL	C	0.05%
	FDS	B	0.05%
	MKTX	D	0.05%
	GL	B	0.05%
	AES	F	0.05%
	LKQ	D	0.05%
	IPG	D	0.05%
	PNW	B	0.05%
	CTLT	B	0.05%
	TECH	D	0.05%
	TAP	C	0.05%
	PODD	C	0.05%
	AIZ	A	0.05%
	SJM	D	0.05%
	BXP	D	0.05%
	BR	A	0.05%
	COO	D	0.05%
	ALLE	D	0.04%
	MRO	B	0.04%
	CBOE	B	0.04%
	HII	D	0.04%
	BWA	D	0.04%
	VRSN	F	0.04%
	MTCH	D	0.04%
	IVZ	B	0.04%
	ROL	B	0.04%
	EPAM	C	0.04%
	HAS	D	0.04%
	MOS	F	0.04%
	FRT	B	0.04%
	HSIC	B	0.04%
	TFX	F	0.04%
	DPZ	C	0.04%
	PTC	A	0.04%
	SOLV	C	0.04%
	IR	B	0.04%
	STE	F	0.04%
	DAY	B	0.03%
	FOX	A	0.03%
	BRO	B	0.03%
	POOL	C	0.03%
	WBA	F	0.03%
	PAYC	B	0.03%
	QRVO	F	0.03%
	PARA	C	0.03%
	LVS	C	0.03%
	BEN	C	0.03%
	JBL	B	0.03%
	FMC	D	0.03%
	ALGN	D	0.03%
	CCL	B	0.03%
	MHK	D	0.03%
	AOS	F	0.02%
	CZR	F	0.02%
	DVA	B	0.02%
	NWS	B	0.02%
	LW	C	0.02%
	RL	B	0.02%
	ERIE	D	0.02%
	GNRC	B	0.02%
	HST	C	0.02%
	ENPH	F	0.02%
	PNR	A	0.02%
	MGM	D	0.01%
	AMTM	D	0.01%

IVE Underweight 19 Positions Relative to FTA

	Symbol	Grade	Weight
	RS	B	-0.94%
	TOL	B	-0.87%
	LNG	B	-0.82%
	PHM	D	-0.79%
	OC	A	-0.78%
	CRBG	B	-0.74%
	FANG	D	-0.74%
	ALLY	C	-0.71%
	DHI	D	-0.6%
	CE	F	-0.48%
	BLDR	D	-0.48%
	ZM	B	-0.42%
	RGA	A	-0.37%
	SSNC	B	-0.35%
	FNF	B	-0.34%
	NVR	D	-0.33%
	WLK	D	-0.3%
	ODFL	B	-0.19%
	FTV	C	-0.16%

IVE: Top Represented Industries & Keywords

Industries: Diversified Industrials Utilities - Regulated Electric Business Services Diagnostics & Research Asset Management Banks - Regional - US Capital Markets Packaged Foods Semiconductors Drug Manufacturers - Major Medical Devices Medical Instruments & Supplies Aerospace & Defense Credit Services Health Care Plans Household & Personal Products Insurance - Property & Casualty Oil & Gas E&P REIT - Residential Software - Application

Keywords: S&P 500 Nasdaq 100 Natural Gas Electricity Insurance Dow Jones Component Electronics Aerospace Computing Medicine Real Estate Investment Trust Chemical Bank Banking Telecommunications Insurance Products Investment Bank Plastic Mining Disability

FTA: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Banks - Regional - US Oil & Gas E&P Health Care Plans Insurance - Property & Casualty Packaged Foods Residential Construction Utilities - Diversified Chemicals Integrated Shipping & Logistics Specialty Retail Aerospace & Defense Airlines Asset Management Banks - Global Building Materials Communication Equipment Credit Services Diversified Industrials Farm Products

Keywords: S&P 500 Natural Gas Nasdaq 100 Electricity Insurance Bank Insurance Products Banking Electronics Petroleum Industry Aerospace Building Materials Chemical Dow Jones Component Gas Transmission Natural Gas Liquids Cash Management Financial Products Investment Bank Natural Gas Transmission