MGMT vs. FXR ETF Comparison

Comparison of Ballast Small/Mid Cap ETF (MGMT) to First Trust Industrials AlphaDEX (FXR)

MGMT

Ballast Small/Mid Cap ETF

MGMT Description

The investment seeks to generate positive risk adjusted returns. Under normal circumstances, the fund invests at least 80% of the value of its net assets (plus borrowings for investment purposes) in equity securities (principally common stocks) of domestic companies with small to medium market capitalizations. It may also invest all or substantially all of its assets in cash and cash equivalents, including money market funds and other short-term fixed income investments, in seeking to protect principal, or when, in the Adviser's opinion, there are not sufficient companies appropriate for investment.

Grade (RS Rating)

Last Trade

$37.19

Average Daily Volume

16,625

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FXR

First Trust Industrials AlphaDEX

FXR 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) Industrials 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 industrials and producer durables sectors 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

$69.11

Average Daily Volume

61,683

Number of Holdings ^*

130

* may have additional holdings in another (foreign) market

Performance

Period	MGMT	FXR
30 Days	4.74%	1.51%
60 Days	2.13%	-2.97%
90 Days	2.75%	-1.11%
12 Months	3.51%	13.95%

3 Overlapping Holdings

Symbol	Grade	Weight in MGMT	Weight in FXR	Overlap
EXP	D	2.46%	1.09%	1.09%
G	D	0.85%	1.33%	0.85%
LSTR	F	2.46%	0.5%	0.5%

MGMT Overweight 43 Positions Relative to FXR

Symbol	Grade	Weight
NRP	B	5.2%
AGM	A	3.7%
CEIX	C	3.35%
AZZ	C	3.14%
MTG	A	3.13%
CVCO	C	3.03%
PHIN	D	3.01%
TDC	D	2.7%
BELFB	B	2.5%
GEO	B	2.49%
CASS	D	2.47%
IMXI	F	2.42%
SOI	B	2.29%
CBNK	C	2.27%
LII	B	2.25%
IGIC	B	2.19%
SFM	B	2.16%
PATK	C	1.96%
BCO	B	1.95%
BIOX	F	1.94%
TRIP	F	1.76%
DOX	D	1.74%
EPR	C	1.7%
BLCO	C	1.7%
RMNI	C	1.69%
ATKR	F	1.66%
GSM	C	1.65%
BWA	F	1.64%
GPRE	F	1.58%
CRMT	D	1.58%
NTIC	D	1.57%
KOS	F	1.54%
UFPT	B	1.47%
IPGP	D	1.45%
KN	A	1.41%
ECVT	D	1.37%
RCMT	F	1.21%
EPSN	C	1.2%
TKR	D	1.11%
EXTR	D	0.99%
IRMD	C	0.97%
CMP	F	0.69%
LAMR	C	0.04%

MGMT Underweight 127 Positions Relative to FXR

Symbol	Grade	Weight
TT	A	-1.53%
BAH	B	-1.45%
SNDR	C	-1.45%
EME	D	-1.45%
OC	C	-1.42%
SYF	A	-1.41%
PWR	D	-1.41%
R	C	-1.4%
AXP	B	-1.38%
MDU	C	-1.36%
BERY	C	-1.34%
KEX	B	-1.33%
AL	C	-1.28%
WCC	D	-1.27%
BWXT	C	-1.27%
ALSN	B	-1.26%
SPR	B	-1.25%
GPK	D	-1.24%
SON	F	-1.23%
CAT	D	-1.23%
TTEK	D	-1.23%
URI	C	-1.19%
BLD	C	-1.19%
OSK	D	-1.16%
AGCO	F	-1.13%
LFUS	C	-1.12%
XYL	D	-1.12%
TDG	D	-1.11%
FDX	B	-1.08%
CNH	F	-1.08%
AXON	D	-1.01%
FICO	A	-0.98%
DE	F	-0.97%
AWI	C	-0.96%
VMC	C	-0.96%
ADTN	D	-0.94%
KNX	C	-0.94%
GWW	D	-0.94%
GTES	D	-0.94%
HUBB	D	-0.94%
SNA	D	-0.93%
SLGN	D	-0.93%
HII	D	-0.9%
PCAR	D	-0.89%
VNT	C	-0.89%
JCI	C	-0.85%
MSM	F	-0.85%
CTAS	B	-0.85%
SAIA	D	-0.83%
NVT	D	-0.83%
PKG	C	-0.8%
EEFT	D	-0.8%
MSA	B	-0.8%
CACC	C	-0.8%
SQ	D	-0.79%
LECO	F	-0.78%
BC	D	-0.78%
WMS	D	-0.77%
GXO	D	-0.76%
UPS	F	-0.75%
TXT	C	-0.74%
TDY	D	-0.74%
COF	C	-0.74%
AYI	D	-0.74%
CSX	C	-0.73%
PYPL	D	-0.72%
SHW	C	-0.71%
WU	D	-0.71%
BLDR	F	-0.7%
RHI	F	-0.66%
JBHT	D	-0.65%
MIDD	D	-0.64%
WEX	F	-0.61%
TREX	D	-0.61%
WAB	D	-0.58%
GPN	F	-0.58%
CW	B	-0.56%
AMCR	D	-0.55%
GD	D	-0.55%
EXPD	B	-0.55%
FCN	C	-0.55%
DD	B	-0.55%
LHX	A	-0.55%
ATR	D	-0.53%
DOV	C	-0.53%
AXTA	C	-0.52%
LPX	D	-0.52%
DCI	D	-0.51%
JKHY	D	-0.51%
CCK	D	-0.51%
OTIS	B	-0.51%
ITT	C	-0.5%
AOS	C	-0.49%
MA	D	-0.49%
RPM	D	-0.48%
J	C	-0.48%
PNR	D	-0.47%
EFX	C	-0.47%
ALLE	C	-0.46%
KEYS	D	-0.46%
CPAY	C	-0.46%
VMI	B	-0.32%
HEI	B	-0.31%
WWD	D	-0.3%
GNRC	C	-0.29%
FOUR	C	-0.29%
HON	B	-0.28%
CSL	B	-0.28%
WSO	B	-0.28%
RTX	D	-0.27%
SEE	D	-0.25%
EMR	B	-0.25%
V	F	-0.25%
MAN	F	-0.24%
PH	C	-0.24%
UNP	D	-0.24%
AME	C	-0.24%
FTV	D	-0.23%
PPG	D	-0.23%
MLM	D	-0.23%
WSC	F	-0.22%
IEX	D	-0.22%
NSC	D	-0.22%
NDSN	D	-0.22%
MAS	C	-0.22%
GGG	D	-0.22%
ODFL	C	-0.21%