KCE vs. FXO ETF Comparison

Comparison of SPDR S&P Capital Markets ETF (KCE) to First Trust Financials AlphaDEX (FXO)

KCE

SPDR S&P Capital Markets ETF

KCE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of publicly traded companies that do business as broker-dealers, asset managers, trust and custody banks or exchanges. In seeking to track the performance of the S&P Capital Markets Select Industry Index, the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the capital markets industry group of the S&P Total Market Index ("S&P TMI"). It is non-diversified.

Grade (RS Rating)

Last Trade

$145.78

Average Daily Volume

69,998

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FXO

First Trust Financials AlphaDEX

FXO 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) Financials 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 financial services 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

$57.42

Average Daily Volume

54,562

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	KCE	FXO
30 Days	9.10%	7.73%
60 Days	16.82%	12.20%
90 Days	21.23%	14.01%
12 Months	66.53%	49.93%

23 Overlapping Holdings

Symbol	Grade	Weight in KCE	Weight in FXO	Overlap
AMG	B	1.6%	1.6%	1.6%
AMP	A	1.85%	0.69%	0.69%
BEN	C	1.57%	1.62%	1.57%
BK	A	1.64%	0.62%	0.62%
BX	A	1.74%	1.37%	1.37%
GS	A	1.8%	1.8%	1.8%
HLI	A	1.75%	1.34%	1.34%
JEF	A	1.85%	1.81%	1.81%
JHG	B	1.79%	1.82%	1.79%
KKR	A	1.8%	1.75%	1.75%
MCO	B	1.46%	0.92%	0.92%
MORN	B	1.62%	0.31%	0.31%
MS	A	1.96%	1.15%	1.15%
NTRS	A	1.76%	1.07%	1.07%
OWL	A	1.86%	0.68%	0.68%
RJF	A	1.98%	0.38%	0.38%
SEIC	B	1.75%	1.36%	1.36%
SF	B	1.95%	0.36%	0.36%
STT	B	1.66%	0.97%	0.97%
TPG	A	1.7%	1.73%	1.7%
TROW	B	1.65%	1.67%	1.65%
TW	A	1.57%	1.2%	1.2%
VIRT	A	1.58%	0.67%	0.67%

KCE Overweight 37 Positions Relative to FXO

Symbol	Grade	Weight
COIN	C	2.54%
LPLA	A	2.22%
HOOD	B	2.1%
IBKR	A	2.03%
PJT	A	1.86%
CG	B	1.86%
EVR	B	1.84%
SCHW	B	1.83%
PIPR	A	1.82%
HLNE	B	1.81%
STEP	C	1.8%
VCTR	B	1.77%
FHI	B	1.74%
BLK	B	1.69%
APAM	B	1.68%
ARES	A	1.65%
WT	A	1.62%
MC	C	1.62%
BGC	C	1.61%
IVZ	B	1.6%
FDS	B	1.6%
NDAQ	A	1.59%
CNS	B	1.59%
MSCI	C	1.58%
CME	B	1.53%
MKTX	D	1.51%
SPGI	C	1.43%
SNEX	B	1.4%
ICE	C	1.4%
CBOE	C	1.36%
DBRG	F	1.29%
VRTS	B	1.22%
DFIN	D	0.87%
BSIG	A	0.66%
PX	A	0.63%
DHIL	B	0.36%
LPRO	B	0.35%

KCE Underweight 78 Positions Relative to FXO

Symbol	Grade	Weight
AGO	B	-1.74%
WTM	A	-1.72%
CINF	A	-1.66%
ALL	A	-1.56%
PGR	A	-1.54%
WBS	A	-1.48%
MTG	C	-1.46%
BPOP	C	-1.45%
RNR	C	-1.43%
EG	C	-1.42%
UNM	A	-1.4%
COLB	B	-1.38%
FNB	A	-1.35%
ACGL	C	-1.35%
OMF	A	-1.34%
EQH	C	-1.31%
LNC	C	-1.28%
OZK	B	-1.28%
MKL	A	-1.26%
RYAN	A	-1.23%
AXS	A	-1.23%
L	A	-1.21%
GL	C	-1.19%
FHN	A	-1.18%
WFC	A	-1.17%
BRK.A	B	-1.17%
ALLY	C	-1.17%
ZION	B	-1.15%
EWBC	A	-1.14%
CNA	C	-1.14%
WTFC	A	-1.1%
MTB	A	-1.09%
HBAN	A	-1.08%
FCNCA	A	-1.06%
UWMC	D	-1.02%
NU	C	-1.01%
C	A	-0.99%
SOFI	B	-0.98%
BRO	B	-0.96%
CRBG	B	-0.95%
SLM	A	-0.95%
HIG	B	-0.9%
CB	C	-0.9%
AFL	B	-0.89%
CMA	B	-0.68%
FHB	B	-0.68%
BAC	A	-0.67%
PB	B	-0.66%
JPM	A	-0.66%
PNC	B	-0.65%
RF	A	-0.65%
CFG	B	-0.65%
FITB	B	-0.64%
TRV	B	-0.63%
BOKF	B	-0.63%
USB	A	-0.63%
WRB	A	-0.61%
ORI	A	-0.61%
WAL	B	-0.61%
VOYA	B	-0.59%
APO	B	-0.38%
DFS	B	-0.36%
CFR	B	-0.36%
PNFP	B	-0.36%
CBSH	B	-0.35%
KEY	B	-0.33%
AIZ	A	-0.31%
AIG	B	-0.3%
PRU	A	-0.3%
AJG	A	-0.3%
RGA	A	-0.3%
AFG	A	-0.3%
PFG	D	-0.29%
STWD	C	-0.28%
FAF	A	-0.28%
FNF	B	-0.28%
XP	F	-0.27%
AGNC	C	-0.26%