LOWV vs. FXL ETF Comparison

Comparison of AB US Low Volatility Equity ETF (LOWV) to First Trust Technology AlphaDEX (FXL)

LOWV

AB US Low Volatility Equity ETF

LOWV Description

The fund is an actively-managed exchange-traded fund ("ETF"). The adviser seeks to achieve the fund"s investment objective by investing, under normal circumstances, at least 80% of its net assets in the equity securities of U.S. companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$71.64

Average Daily Volume

7,408

Number of Holdings ^*

* 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	LOWV	FXL
30 Days	1.62%	10.22%
60 Days	2.39%	12.16%
90 Days	4.17%	12.82%
12 Months	24.87%	31.26%

14 Overlapping Holdings

Symbol	Grade	Weight in LOWV	Weight in FXL	Overlap
AAPL	C	3.95%	0.91%	0.91%
ADI	D	0.6%	0.27%	0.27%
AMAT	F	0.6%	0.86%	0.6%
AVGO	D	3.28%	1.17%	1.17%
CRM	B	0.33%	0.72%	0.33%
DLB	B	0.64%	0.89%	0.64%
DOX	D	1.14%	1.16%	1.14%
GEN	B	0.81%	0.32%	0.32%
META	D	1.64%	1.57%	1.57%
MSFT	F	8.14%	0.29%	0.29%
NOW	A	1.17%	1.38%	1.17%
NTAP	C	0.74%	0.89%	0.74%
NVDA	C	2.24%	1.43%	1.43%
ORCL	B	2.33%	1.3%	1.3%

LOWV Overweight 60 Positions Relative to FXL

Symbol	Grade	Weight
GOOG	C	4.91%
FI	A	2.47%
UNH	C	2.09%
ABBV	D	2.05%
V	A	1.96%
PM	B	1.91%
AMZN	C	1.91%
MCK	B	1.74%
MRK	F	1.73%
ADP	B	1.73%
INTU	C	1.7%
JPM	A	1.59%
AZO	C	1.49%
ADBE	C	1.41%
MMC	B	1.34%
KO	D	1.34%
AEP	D	1.33%
GILD	C	1.26%
CMCSA	B	1.26%
BAC	A	1.23%
MA	C	1.18%
LHX	C	1.14%
PG	A	1.11%
CBOE	B	1.1%
LULU	C	1.08%
G	B	1.06%
EG	C	1.05%
SHW	A	1.02%
ACM	A	0.96%
CI	F	0.96%
BKNG	A	0.96%
NYT	C	0.9%
LLY	F	0.89%
EA	A	0.89%
YUM	B	0.89%
VRTX	F	0.86%
MDT	D	0.85%
RELX	C	0.83%
WMT	A	0.82%
WTW	B	0.79%
PGR	A	0.79%
AEE	A	0.77%
PSA	D	0.73%
ETN	A	0.66%
XOM	B	0.66%
LMT	D	0.64%
MSCI	C	0.63%
MTB	A	0.61%
RGA	A	0.6%
LDOS	C	0.55%
CL	D	0.54%
AFG	A	0.5%
ORLY	B	0.48%
TSM	B	0.48%
PAYX	C	0.46%
SPGI	C	0.41%
FR	C	0.39%
NICE	C	0.29%
TMO	F	0.29%
VZ	C	0.22%

LOWV Underweight 88 Positions Relative to FXL

Symbol	Grade	Weight
APP	B	-3.39%
PLTR	B	-2.47%
TOST	B	-2.22%
VRT	B	-1.89%
DASH	A	-1.89%
PEGA	A	-1.88%
GWRE	A	-1.66%
GFS	C	-1.65%
CTSH	B	-1.63%
HPE	B	-1.62%
DXC	B	-1.62%
PAYC	B	-1.6%
SMAR	A	-1.57%
IPGP	D	-1.57%
DOCU	A	-1.53%
AVT	C	-1.52%
ON	D	-1.44%
FTNT	C	-1.44%
GDDY	A	-1.4%
ZM	B	-1.4%
TWLO	A	-1.39%
ARW	D	-1.35%
AMKR	D	-1.32%
SWKS	F	-1.32%
JBL	B	-1.28%
DNB	B	-1.27%
INTC	D	-1.26%
TYL	B	-1.25%
HPQ	B	-1.21%
CNXC	F	-1.21%
DT	C	-1.19%
MANH	D	-1.18%
EPAM	C	-1.15%
MSTR	C	-1.15%
SNX	C	-1.14%
NTNX	A	-1.12%
PANW	C	-1.08%
RNG	B	-1.08%
S	B	-1.07%
DELL	C	-1.06%
AKAM	D	-1.04%
FFIV	B	-1.03%
DBX	B	-1.01%
IT	C	-0.99%
CRUS	D	-0.97%
SSNC	B	-0.93%
HCP	B	-0.93%
CACI	D	-0.91%
QCOM	F	-0.9%
SAIC	F	-0.84%
MTCH	D	-0.77%
MPWR	F	-0.74%
DAY	B	-0.74%
DV	C	-0.71%
GLOB	B	-0.68%
ADSK	A	-0.66%
APH	A	-0.66%
GOOGL	C	-0.63%
ROP	B	-0.6%
TXN	C	-0.59%
LSCC	D	-0.57%
VRSN	F	-0.57%
IBM	C	-0.56%
KBR	F	-0.55%
IAC	D	-0.52%
U	C	-0.49%
MCHP	D	-0.48%
OLED	D	-0.47%
ONTO	D	-0.47%
TER	D	-0.47%
PYCR	C	-0.36%
CRWD	B	-0.36%
KD	B	-0.36%
GTLB	B	-0.35%
NET	B	-0.34%
DDOG	A	-0.34%
WDAY	B	-0.33%
ANSS	B	-0.32%
GLW	B	-0.31%
INFA	D	-0.3%
APPF	B	-0.29%
PSTG	D	-0.29%
MU	D	-0.28%
SMCI	F	-0.26%
KLAC	D	-0.25%
AMD	F	-0.25%
ALGM	D	-0.25%
CDW	F	-0.24%

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