LRGF vs. FTA ETF Comparison

Comparison of iShares FactorSelect MSCI USA ETF (LRGF) to First Trust Large Cap Value AlphaDEX Fund (based onthe Defined Large Cap Value Index (FTA)

LRGF

iShares FactorSelect MSCI USA ETF

LRGF Description

The investment seeks to track the investment results of the MSCI USA Diversified Multi-Factor Index (the "underlying index"), which has been developed by MSCI Inc. ("MSCI"). 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 is designed to select equity securities from MSCI USA Index (the "Parent index") that have high exposure to four investment style factors: value, quality, momentum and low size, while maintaining a level of risk similar to that of the Parent index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$61.83

Average Daily Volume

91,007

Number of Holdings ^*

273

* 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

$81.13

Average Daily Volume

32,087

Number of Holdings ^*

186

* may have additional holdings in another (foreign) market

Performance

Period	LRGF	FTA
30 Days	4.25%	2.93%
60 Days	11.22%	6.03%
90 Days	13.79%	9.03%
12 Months	43.69%	30.25%

83 Overlapping Holdings

Symbol	Grade	Weight in LRGF	Weight in FTA	Overlap
ACN	C	0.14%	0.17%	0.14%
ADM	F	0.08%	0.84%	0.08%
AFL	D	0.38%	0.5%	0.38%
AIG	C	0.32%	0.94%	0.32%
ALLY	C	0.26%	0.72%	0.26%
AWK	D	0.57%	0.17%	0.17%
BAC	B	0.36%	0.56%	0.36%
BBY	D	0.25%	0.47%	0.25%
BLDR	D	0.52%	0.47%	0.47%
C	B	0.15%	0.75%	0.15%
CARR	D	0.07%	0.33%	0.07%
CHTR	B	0.06%	0.54%	0.06%
CI	F	0.22%	0.16%	0.16%
CMCSA	B	0.43%	0.95%	0.43%
COF	B	0.21%	0.79%	0.21%
COP	C	0.05%	0.95%	0.05%
CSCO	A	0.4%	0.38%	0.38%
CVS	F	0.18%	0.82%	0.18%
CVX	B	0.52%	0.92%	0.52%
DE	C	0.03%	0.52%	0.03%
DOW	F	0.05%	0.48%	0.05%
DTE	D	0.14%	0.51%	0.14%
DUK	D	0.23%	0.53%	0.23%
EBAY	D	0.3%	0.47%	0.3%
ED	D	0.57%	0.71%	0.57%
EG	D	0.05%	0.83%	0.05%
ELV	F	0.31%	0.28%	0.28%
EOG	B	0.01%	0.9%	0.01%
EQR	D	0.29%	0.5%	0.29%
EXC	D	0.17%	0.71%	0.17%
EXPD	D	0.01%	0.16%	0.01%
F	D	0.17%	0.89%	0.17%
FDX	B	0.01%	0.73%	0.01%
FE	D	0.05%	0.34%	0.05%
FNF	C	0.13%	0.35%	0.13%
FOXA	B	0.23%	0.9%	0.23%
GIS	F	0.25%	0.34%	0.25%
GM	B	0.48%	1.03%	0.48%
HD	B	0.59%	0.17%	0.17%
HIG	C	0.03%	0.68%	0.03%
HOLX	D	0.4%	0.18%	0.18%
HPE	B	0.46%	0.87%	0.46%
HPQ	B	0.19%	0.36%	0.19%
HSY	F	0.04%	0.34%	0.04%
HUM	F	0.13%	0.3%	0.13%
JNJ	D	0.96%	0.36%	0.36%
KHC	F	0.02%	0.51%	0.02%
KMI	A	0.14%	0.81%	0.14%
KR	A	0.34%	0.71%	0.34%
LMT	D	0.21%	0.17%	0.17%
LOW	B	0.59%	0.17%	0.17%
MDLZ	F	0.11%	0.16%	0.11%
MDT	C	0.11%	0.18%	0.11%
MOH	F	0.18%	0.34%	0.18%
MPC	F	0.55%	0.81%	0.55%
MS	B	0.1%	0.59%	0.1%
NUE	C	0.21%	0.86%	0.21%
NWSA	B	0.02%	0.37%	0.02%
OMC	B	0.15%	0.17%	0.15%
PCAR	B	0.22%	0.96%	0.22%
PEP	F	0.92%	0.17%	0.17%
PFG	C	0.05%	0.17%	0.05%
PRU	C	0.2%	0.37%	0.2%
PSX	F	0.01%	0.84%	0.01%
RGA	B	0.06%	0.35%	0.06%
RS	B	0.27%	0.9%	0.27%
SBUX	B	0.2%	0.18%	0.18%
SRE	A	0.07%	0.73%	0.07%
STLD	B	0.26%	0.94%	0.26%
STT	B	0.22%	0.56%	0.22%
SYF	B	0.23%	1.01%	0.23%
T	B	0.62%	0.93%	0.62%
TGT	F	0.31%	0.51%	0.31%
TRV	B	0.2%	0.56%	0.2%
UAL	A	0.03%	1.25%	0.03%
ULTA	C	0.01%	0.5%	0.01%
VLO	D	0.32%	0.88%	0.32%
VZ	D	0.37%	0.68%	0.37%
WEC	B	0.21%	0.36%	0.21%
WFC	B	0.47%	0.84%	0.47%
WY	D	0.35%	0.16%	0.16%
XOM	B	0.95%	0.91%	0.91%
ZBH	C	0.03%	0.72%	0.03%

LRGF Overweight 190 Positions Relative to FTA

Symbol	Grade	Weight
AAPL	B	6.6%
NVDA	B	6.22%
MSFT	C	5.67%
AMZN	B	2.78%
META	B	2.23%
AVGO	B	1.91%
GOOG	B	1.84%
JPM	B	1.58%
PG	D	1.31%
V	B	1.27%
LLY	D	1.21%
BKNG	B	1.16%
ABBV	B	1.14%
WMT	A	1.05%
LIN	D	0.96%
UNH	B	0.89%
MA	A	0.75%
BMY	C	0.72%
KO	D	0.67%
MCD	D	0.65%
TSLA	B	0.64%
MRK	F	0.62%
BK	B	0.62%
APP	B	0.59%
ABT	B	0.55%
FICO	B	0.55%
GS	B	0.54%
COST	B	0.53%
GILD	B	0.5%
BRK.A	C	0.5%
TEAM	B	0.48%
AMGN	C	0.48%
AMAT	D	0.47%
QCOM	C	0.47%
GEHC	D	0.46%
MELI	D	0.45%
PM	C	0.44%
VST	B	0.43%
FTNT	A	0.43%
MCK	B	0.43%
DUOL	B	0.42%
IBKR	B	0.42%
SPGI	D	0.42%
NTNX	B	0.4%
PAYX	A	0.4%
WSM	F	0.39%
AMP	B	0.39%
SPG	A	0.38%
CTAS	A	0.37%
ETN	A	0.36%
MSCI	B	0.36%
PFE	F	0.35%
AYI	A	0.35%
IT	B	0.35%
DELL	C	0.34%
KLAC	F	0.34%
MANH	C	0.34%
HRB	D	0.32%
ANET	C	0.32%
CRH	B	0.32%
CNM	D	0.32%
BRX	A	0.31%
JBL	C	0.31%
ABNB	D	0.31%
CR	A	0.3%
UBER	F	0.3%
FERG	B	0.3%
DOCU	A	0.3%
YUM	C	0.3%
DECK	B	0.3%
MTD	F	0.29%
TMO	F	0.29%
EMR	B	0.28%
TPR	A	0.28%
MEDP	D	0.28%
INTU	A	0.28%
OTIS	B	0.28%
PCOR	C	0.27%
ADBE	F	0.27%
CAT	B	0.27%
MLI	B	0.27%
ANF	C	0.26%
EME	B	0.26%
GTLB	C	0.26%
JHG	A	0.25%
BLK	B	0.24%
PSA	D	0.24%
WING	F	0.24%
RHI	B	0.23%
AXP	B	0.23%
DVA	D	0.22%
ITW	B	0.22%
NDAQ	B	0.22%
AMG	C	0.22%
SOLV	C	0.22%
AVB	A	0.22%
MSI	A	0.21%
LRCX	D	0.21%
VRTX	A	0.2%
TT	A	0.2%
CRWD	C	0.2%
AN	D	0.2%
WFRD	F	0.2%
ETSY	D	0.19%
DKS	D	0.18%
SNPS	B	0.18%
CDNS	B	0.18%
NEE	D	0.18%
NFLX	A	0.18%
IOT	A	0.17%
SYK	A	0.17%
ESTC	C	0.17%
QLYS	C	0.17%
IBM	D	0.17%
CVLT	A	0.17%
PANW	A	0.17%
R	A	0.16%
ADP	A	0.16%
SMAR	B	0.15%
ORCL	A	0.15%
RMBS	C	0.14%
VOYA	B	0.14%
AMD	F	0.14%
GE	C	0.14%
WTS	C	0.14%
AZO	D	0.14%
SPOT	B	0.13%
CPNG	C	0.13%
SO	D	0.13%
NVT	B	0.13%
BBWI	D	0.13%
MMM	C	0.13%
RL	B	0.12%
TTEK	C	0.12%
HUBS	B	0.12%
MO	B	0.11%
OKTA	D	0.11%
ELF	D	0.11%
MUSA	C	0.11%
CRM	A	0.11%
OLN	F	0.11%
FI	B	0.11%
COKE	D	0.1%
ZS	C	0.1%
PH	B	0.1%
GL	C	0.1%
RRC	C	0.1%
AMT	F	0.1%
LNTH	D	0.1%
GWW	A	0.1%
VLTO	D	0.09%
HOG	F	0.09%
UNM	B	0.09%
MRO	B	0.09%
MCHP	F	0.09%
APA	F	0.09%
PVH	C	0.08%
SHW	B	0.07%
CMC	B	0.07%
AGNC	D	0.07%
EXE	B	0.07%
ACGL	D	0.07%
PLD	F	0.07%
XRAY	F	0.06%
MRNA	F	0.06%
TAP	B	0.06%
ACI	C	0.06%
CEG	D	0.06%
LPX	B	0.06%
CRUS	F	0.05%
AGCO	D	0.04%
THO	C	0.04%
NOW	B	0.04%
SFM	A	0.04%
BXP	B	0.04%
SSD	C	0.04%
TXN	A	0.04%
CVNA	B	0.03%
LII	A	0.03%
MGM	F	0.03%
MOD	C	0.03%
AR	C	0.03%
MET	C	0.03%
PATH	D	0.02%
NTAP	C	0.02%
BDX	F	0.02%
BSX	A	0.02%
MUR	F	0.02%
LYV	B	0.02%
RPRX	F	0.01%

LRGF Underweight 103 Positions Relative to FTA

Symbol	Grade	Weight
DAL	B	-1.03%
CINF	B	-0.94%
TROW	B	-0.92%
CTRA	C	-0.91%
DVN	F	-0.9%
OXY	F	-0.89%
HAL	D	-0.87%
ETR	B	-0.86%
TOL	B	-0.86%
CE	F	-0.84%
LYB	F	-0.83%
LEN	D	-0.83%
PHM	D	-0.82%
BG	F	-0.79%
CRBG	C	-0.79%
LNG	A	-0.78%
HBAN	B	-0.77%
XEL	B	-0.75%
FANG	D	-0.75%
CFG	B	-0.75%
AEE	A	-0.73%
EQT	B	-0.73%
L	A	-0.73%
VTRS	B	-0.73%
ATO	A	-0.73%
OC	B	-0.73%
CNP	B	-0.73%
APTV	F	-0.72%
ON	D	-0.71%
CB	D	-0.71%
SLB	D	-0.7%
CF	B	-0.7%
CTSH	B	-0.7%
DG	F	-0.69%
INTC	C	-0.67%
DHI	D	-0.65%
SWKS	F	-0.65%
IP	B	-0.61%
SNA	A	-0.61%
CNC	F	-0.6%
MTB	B	-0.58%
BKR	B	-0.56%
USB	B	-0.56%
D	C	-0.55%
LUV	B	-0.55%
TDY	A	-0.55%
NI	A	-0.54%
FITB	B	-0.54%
RF	B	-0.54%
LNT	D	-0.53%
DGX	B	-0.53%
AKAM	F	-0.53%
PPL	B	-0.52%
SYY	C	-0.51%
AEP	D	-0.51%
HRL	F	-0.51%
STX	D	-0.49%
BIIB	F	-0.48%
TXT	D	-0.48%
RJF	B	-0.44%
PKG	B	-0.39%
OKE	A	-0.39%
ZM	A	-0.39%
KEY	B	-0.38%
JBHT	B	-0.38%
PNC	A	-0.37%
KIM	A	-0.37%
CSX	B	-0.36%
DRI	B	-0.36%
DOC	B	-0.36%
TSN	D	-0.36%
CMS	D	-0.36%
DIS	C	-0.36%
NVR	D	-0.34%
ARE	D	-0.34%
PPG	F	-0.34%
SSNC	C	-0.34%
EIX	D	-0.34%
WLK	F	-0.32%
KDP	F	-0.32%
GPC	F	-0.3%
APD	B	-0.19%
J	C	-0.19%
IEX	B	-0.18%
WRB	B	-0.18%
ODFL	B	-0.18%
CMI	B	-0.18%
PYPL	A	-0.18%
LH	A	-0.18%
CTVA	C	-0.18%
LHX	A	-0.18%
DD	D	-0.17%
KEYS	A	-0.17%
NDSN	C	-0.17%
MAS	D	-0.17%
MAA	C	-0.17%
CPB	D	-0.17%
GD	B	-0.17%
CLX	B	-0.17%
UPS	D	-0.17%
CAG	F	-0.16%
FTV	F	-0.16%
NKE	F	-0.15%