PAPI vs. FNY ETF Comparison

Comparison of Parametric Equity Premium Income ETF (PAPI) to First Trust Mid Cap Growth AlphaDEX (FNY)

PAPI

Parametric Equity Premium Income ETF

PAPI Description

The fund is an actively managed exchange-traded fund. Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities. Equity securities in which the fund may invest include common stocks.

Grade (RS Rating)

Last Trade

$28.08

Average Daily Volume

33,669

Number of Holdings ^*

189

* may have additional holdings in another (foreign) market

FNY

First Trust Mid Cap Growth AlphaDEX

FNY 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 Mid Cap Growth Index (the "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 MidCap 400(R) Growth 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

$87.32

Average Daily Volume

13,952

Number of Holdings ^*

214

* may have additional holdings in another (foreign) market

Performance

Period	PAPI	FNY
30 Days	3.08%	9.26%
60 Days	3.73%	10.03%
90 Days	4.88%	12.45%
12 Months	19.25%	43.71%

11 Overlapping Holdings

Symbol	Grade	Weight in PAPI	Weight in FNY	Overlap
AM	A	0.53%	0.15%	0.15%
AOS	F	0.48%	0.23%	0.23%
ATR	B	0.52%	0.29%	0.29%
BMI	B	0.52%	0.55%	0.52%
CFR	B	0.59%	0.35%	0.35%
CHE	D	0.49%	0.13%	0.13%
DCI	B	0.55%	0.15%	0.15%
DTM	B	0.62%	0.37%	0.37%
NYT	C	0.5%	0.4%	0.4%
RGLD	C	0.5%	0.15%	0.15%
TXRH	C	0.57%	0.63%	0.57%

PAPI Overweight 178 Positions Relative to FNY

Symbol	Grade	Weight
GRMN	B	0.65%
SNA	A	0.63%
IP	B	0.63%
BKR	B	0.62%
EMR	A	0.61%
OKE	A	0.61%
UNM	A	0.61%
IDCC	A	0.61%
PINC	B	0.6%
FOX	A	0.59%
TAP	C	0.59%
EA	A	0.59%
PB	A	0.59%
MO	A	0.59%
IDA	A	0.59%
KMI	A	0.58%
CINF	A	0.58%
JHG	A	0.58%
WMB	A	0.58%
JCI	C	0.58%
WHR	B	0.57%
RHI	B	0.57%
TRV	B	0.57%
SRE	A	0.57%
CTRA	B	0.57%
RF	A	0.57%
DGX	A	0.57%
SYK	C	0.57%
LH	C	0.57%
FOXA	B	0.57%
XEL	A	0.57%
CVX	A	0.57%
CMI	A	0.57%
FAST	B	0.56%
WSO	A	0.56%
CAH	B	0.56%
EOG	A	0.56%
RS	B	0.56%
PKG	A	0.56%
PM	B	0.56%
TROW	B	0.56%
COP	C	0.56%
VLO	C	0.55%
PPL	B	0.55%
INGR	B	0.55%
UNH	C	0.55%
GGG	B	0.55%
EVRG	A	0.55%
OGE	B	0.55%
T	A	0.55%
GNTX	C	0.54%
MOS	F	0.54%
PAG	B	0.54%
CMCSA	B	0.54%
COR	B	0.54%
OGS	A	0.54%
ORI	A	0.54%
WMT	A	0.54%
CSCO	B	0.54%
COST	B	0.54%
CHD	B	0.54%
AFG	A	0.54%
DRI	B	0.54%
TJX	A	0.54%
ADP	B	0.54%
MTN	C	0.54%
AEE	A	0.54%
MSFT	F	0.53%
CTSH	B	0.53%
LHX	C	0.53%
GILD	C	0.53%
TXN	C	0.53%
PRU	A	0.53%
PAYX	C	0.53%
ATO	A	0.53%
MSM	C	0.53%
COLM	B	0.53%
HPE	B	0.53%
GLW	B	0.53%
HP	B	0.52%
LNT	A	0.52%
ROP	B	0.52%
ABT	B	0.52%
NFG	A	0.52%
PG	A	0.52%
PEG	A	0.52%
UPS	C	0.52%
HPQ	B	0.52%
EXPD	D	0.52%
XOM	B	0.52%
PSX	C	0.52%
CHRD	D	0.52%
WEC	A	0.52%
CME	A	0.52%
POR	C	0.51%
AVT	C	0.51%
DD	D	0.51%
CALM	A	0.51%
DLB	B	0.51%
DINO	D	0.51%
HIG	B	0.51%
FNF	B	0.51%
APD	A	0.51%
LKQ	D	0.51%
OXM	D	0.51%
MDT	D	0.51%
CTVA	C	0.5%
BDX	F	0.5%
JNJ	D	0.5%
DUK	C	0.5%
RTX	C	0.5%
POWI	D	0.5%
DVN	F	0.5%
FE	C	0.5%
GD	F	0.5%
ACN	C	0.5%
VZ	C	0.5%
CCOI	B	0.5%
SNX	C	0.5%
PFG	D	0.5%
AEP	D	0.5%
BG	F	0.5%
D	C	0.5%
MTG	C	0.5%
SO	D	0.5%
AFL	B	0.5%
DOX	D	0.49%
OMC	C	0.49%
KMB	D	0.49%
BBY	D	0.49%
PPG	F	0.49%
SON	D	0.49%
FLO	D	0.49%
LIN	D	0.49%
JKHY	D	0.49%
EMN	D	0.49%
QCOM	F	0.49%
HRL	D	0.49%
CAG	D	0.48%
LYB	F	0.48%
WEN	D	0.48%
ADI	D	0.48%
ED	D	0.48%
PEP	F	0.48%
RPRX	D	0.48%
LEA	D	0.48%
WU	D	0.48%
SHOO	D	0.47%
AMCR	D	0.47%
LEN	D	0.47%
CI	F	0.47%
ADM	D	0.47%
KDP	D	0.46%
ABBV	D	0.46%
ASH	D	0.46%
FMC	D	0.46%
HAS	D	0.46%
KHC	F	0.46%
MRK	F	0.46%
IBM	C	0.46%
IPG	D	0.45%
SWKS	F	0.45%
GPC	D	0.45%
KO	D	0.45%
DHR	F	0.45%
ESNT	D	0.45%
HUN	F	0.44%
MAN	D	0.44%
DOW	F	0.44%
PFE	D	0.44%
INSW	F	0.44%
PII	D	0.43%
ELV	F	0.43%
CVI	F	0.42%
CRI	D	0.41%
HII	D	0.39%
NEM	D	0.38%
SCCO	F	0.0%

PAPI Underweight 203 Positions Relative to FNY

Symbol	Grade	Weight
AFRM	B	-1.08%
SOFI	A	-1.0%
SFM	A	-0.91%
AX	A	-0.9%
ALSN	B	-0.87%
QTWO	A	-0.86%
NTRA	B	-0.86%
PIPR	B	-0.84%
FIX	A	-0.82%
SFBS	B	-0.82%
CORT	B	-0.81%
RDNT	B	-0.81%
CRS	A	-0.8%
TOST	B	-0.8%
FOUR	B	-0.8%
HLNE	B	-0.8%
KTB	B	-0.79%
CSWI	A	-0.79%
ITRI	B	-0.77%
DUOL	A	-0.77%
KNF	A	-0.76%
ACIW	B	-0.76%
COHR	B	-0.76%
CW	B	-0.76%
MOG.A	B	-0.76%
CVLT	B	-0.76%
EXEL	B	-0.75%
IBKR	A	-0.74%
IOT	A	-0.73%
ENSG	D	-0.71%
EWBC	A	-0.71%
LTH	C	-0.7%
DY	D	-0.7%
AAON	B	-0.69%
AIT	A	-0.68%
DVA	B	-0.68%
MOD	A	-0.67%
EXLS	B	-0.66%
HLI	B	-0.66%
PEGA	A	-0.66%
HIMS	B	-0.65%
GMED	A	-0.65%
COKE	C	-0.65%
TPG	A	-0.65%
PSN	D	-0.64%
CACI	D	-0.63%
FFIN	B	-0.63%
PODD	C	-0.63%
CRVL	A	-0.62%
TTEK	F	-0.62%
SLG	B	-0.62%
FRPT	B	-0.62%
RL	B	-0.61%
MMSI	B	-0.6%
GWRE	A	-0.6%
ATI	D	-0.6%
ITGR	B	-0.59%
AUR	C	-0.59%
KEX	C	-0.59%
EXP	A	-0.59%
ADC	B	-0.58%
ANF	C	-0.58%
ITT	A	-0.58%
EHC	B	-0.58%
BOOT	D	-0.57%
TKO	B	-0.57%
AVAV	D	-0.56%
BCO	D	-0.56%
CRDO	B	-0.56%
BFAM	D	-0.55%
FSS	B	-0.55%
CBT	C	-0.55%
EPRT	B	-0.55%
DOCU	A	-0.54%
HRB	D	-0.54%
NCLH	B	-0.54%
PLNT	A	-0.51%
BRBR	A	-0.51%
AYI	B	-0.5%
KAI	A	-0.5%
IBOC	A	-0.5%
SMG	D	-0.49%
FLS	B	-0.49%
LNTH	D	-0.49%
BWXT	B	-0.49%
AWI	A	-0.49%
HOMB	A	-0.48%
PRI	A	-0.48%
ONB	B	-0.48%
WHD	B	-0.47%
S	B	-0.47%
IBP	D	-0.47%
PI	D	-0.46%
FFIV	B	-0.46%
SCI	B	-0.46%
ZETA	D	-0.46%
HASI	D	-0.45%
TW	A	-0.45%
RYAN	B	-0.45%
AXSM	B	-0.44%
BOX	B	-0.44%
CNS	B	-0.44%
CLH	B	-0.43%
BDC	B	-0.43%
DT	C	-0.42%
AZEK	A	-0.42%
WWD	B	-0.42%
HALO	F	-0.42%
DKS	C	-0.41%
OHI	C	-0.41%
SBRA	C	-0.41%
WYNN	D	-0.4%
ALLE	D	-0.4%
INSM	C	-0.39%
OLLI	D	-0.39%
RNA	D	-0.38%
VRNS	D	-0.37%
CRUS	D	-0.35%
INSP	D	-0.35%
PCTY	B	-0.34%
RVMD	C	-0.34%
MTCH	D	-0.34%
CBSH	A	-0.34%
ESAB	B	-0.33%
GME	C	-0.33%
WING	D	-0.33%
RARE	D	-0.33%
WTM	A	-0.32%
ITCI	C	-0.32%
RLI	B	-0.32%
CWST	A	-0.31%
AXTA	A	-0.31%
RUN	F	-0.31%
MKTX	D	-0.3%
BRX	A	-0.3%
GKOS	B	-0.3%
MSGS	A	-0.3%
BCPC	B	-0.29%
KRG	B	-0.29%
REG	B	-0.29%
EEFT	B	-0.29%
CHDN	B	-0.29%
AES	F	-0.29%
TMDX	F	-0.29%
ORA	B	-0.29%
IRT	A	-0.29%
RHP	B	-0.29%
DBX	B	-0.29%
BLKB	B	-0.28%
BPMC	C	-0.28%
CTRE	D	-0.28%
KNSL	B	-0.28%
CROX	D	-0.28%
LAMR	D	-0.27%
GPK	C	-0.27%
GAP	C	-0.27%
CPT	B	-0.27%
CUBE	D	-0.26%
AGNC	D	-0.26%
EXPO	D	-0.24%
FCN	D	-0.24%
VRRM	D	-0.23%
FND	C	-0.23%
CLSK	C	-0.2%
PAYC	B	-0.19%
GTLS	B	-0.19%
LYFT	C	-0.19%
GH	B	-0.18%
OWL	A	-0.17%
MASI	A	-0.17%
DAY	B	-0.17%
KD	B	-0.17%
MARA	C	-0.16%
CHH	A	-0.16%
TRMB	B	-0.16%
LOPE	B	-0.16%
GATX	A	-0.16%
NTNX	A	-0.16%
ESI	A	-0.15%
MORN	B	-0.15%
CRNX	C	-0.15%
MAIN	A	-0.15%
RBC	A	-0.15%
GOLF	B	-0.15%
IPAR	B	-0.14%
ROIV	C	-0.14%
APPF	B	-0.14%
NEU	C	-0.14%
UDR	B	-0.14%
CNM	D	-0.14%
H	B	-0.14%
LNW	D	-0.14%
NNN	D	-0.13%
ELAN	D	-0.13%
EGP	F	-0.13%
MEDP	D	-0.13%
SSD	D	-0.13%
FR	C	-0.13%
TECH	D	-0.12%
U	C	-0.11%
TDW	F	-0.1%
BRKR	D	-0.1%
LCID	F	-0.09%