QVAL vs. FXD ETF Comparison

Comparison of ValueShares U.S. Quantitative Value ETF (QVAL) to First Trust Consumer Discret. AlphaDEX (FXD)

QVAL

ValueShares U.S. Quantitative Value ETF

QVAL Description

The investment seeks long-term capital appreciation. The fund is an actively managed ETF. Under normal circumstances, it seeks to achieve its investment objective by investing primarily in U.S. equity securities that the Adviser believes, based on quantitative analysis, are undervalued at the time of purchase and have the potential for capital appreciation. The fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in securities of U.S. companies. It will invest primarily in the exchange-listed common stock of U.S. companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$46.73

Average Daily Volume

18,437

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FXD

First Trust Consumer Discret. AlphaDEX

FXD 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) Consumer Discretionary 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 NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the consumer discretionary 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

$66.68

Average Daily Volume

25,266

Number of Holdings ^*

119

* may have additional holdings in another (foreign) market

Performance

Period	QVAL	FXD
30 Days	4.01%	6.57%
60 Days	2.30%	5.97%
90 Days	4.43%	7.28%
12 Months	26.73%	27.20%

16 Overlapping Holdings

Symbol	Grade	Weight in QVAL	Weight in FXD	Overlap
BBY	D	1.94%	0.48%	0.48%
CRI	D	1.85%	1.1%	1.1%
CROX	D	1.7%	0.74%	0.74%
DAL	C	2.1%	1.37%	1.37%
DKS	C	1.94%	0.77%	0.77%
FOXA	B	2.12%	1.2%	1.2%
HRB	D	1.96%	1.0%	1.0%
IPG	D	1.8%	0.74%	0.74%
LEN	D	1.92%	1.21%	1.21%
MAT	D	1.78%	0.53%	0.53%
OMC	C	1.89%	0.26%	0.26%
TGT	F	2.07%	0.79%	0.79%
TOL	B	2.01%	1.33%	1.33%
TPR	B	2.28%	0.99%	0.99%
UAL	A	2.22%	2.14%	2.14%
WSM	B	1.97%	0.68%	0.68%

QVAL Overweight 34 Positions Relative to FXD

Symbol	Grade	Weight
BKR	B	2.26%
MO	A	2.19%
TAP	C	2.18%
FTI	A	2.15%
ALSN	B	2.14%
HES	B	2.14%
LRN	A	2.12%
GTES	A	2.11%
SNA	A	2.1%
WFRD	D	2.07%
URBN	C	2.06%
SM	B	2.06%
ANF	C	2.05%
SIG	B	2.02%
JBL	B	2.02%
CTSH	B	2.02%
MHK	D	2.0%
HPQ	B	2.0%
CMCSA	B	1.99%
MMM	D	1.99%
TEX	D	1.99%
UTHR	C	1.98%
CAT	B	1.97%
CVS	D	1.95%
GPK	C	1.95%
CNH	C	1.9%
ELV	F	1.9%
THC	D	1.89%
LYB	F	1.88%
CNC	D	1.87%
FCX	D	1.87%
UHS	D	1.87%
MOH	F	1.76%
ASO	F	1.76%

QVAL Underweight 103 Positions Relative to FXD

Symbol	Grade	Weight
CVNA	B	-1.85%
RCL	A	-1.76%
SPOT	B	-1.74%
GM	B	-1.72%
LAD	A	-1.57%
DUOL	A	-1.53%
DDS	B	-1.51%
PVH	C	-1.38%
CPNG	D	-1.38%
VAC	B	-1.36%
EXPE	B	-1.32%
TKO	B	-1.28%
RBLX	C	-1.28%
LYV	A	-1.27%
BWA	D	-1.27%
SN	D	-1.25%
PHM	D	-1.21%
BYD	C	-1.21%
LEA	D	-1.18%
KSS	F	-1.18%
DHI	D	-1.15%
HOG	D	-1.14%
WHR	B	-1.14%
COST	B	-1.12%
F	C	-1.12%
BURL	A	-1.1%
GNTX	C	-1.1%
GAP	C	-1.08%
NXST	C	-1.08%
THO	B	-1.07%
PAG	B	-1.07%
M	D	-1.06%
NCLH	B	-1.05%
LKQ	D	-1.04%
BFAM	D	-1.02%
APTV	D	-1.01%
AN	C	-1.0%
SKX	D	-0.99%
DG	F	-0.98%
PLNT	A	-0.95%
LOPE	B	-0.94%
ALK	C	-0.94%
SIRI	C	-0.92%
TTD	B	-0.92%
TXRH	C	-0.91%
RL	B	-0.88%
PII	D	-0.87%
AAP	C	-0.85%
H	B	-0.83%
COLM	B	-0.82%
JWN	C	-0.82%
FIVE	F	-0.8%
BBWI	D	-0.79%
ULTA	F	-0.79%
EBAY	D	-0.77%
YETI	C	-0.76%
CCL	B	-0.71%
UHAL	D	-0.7%
GRMN	B	-0.64%
NFLX	A	-0.63%
BKNG	A	-0.63%
DIS	B	-0.61%
LUV	C	-0.59%
DECK	A	-0.59%
MUSA	A	-0.58%
HLT	A	-0.58%
BJ	A	-0.57%
MSGS	A	-0.57%
TJX	A	-0.55%
DRI	B	-0.55%
HD	A	-0.54%
LVS	C	-0.52%
UBER	D	-0.51%
TSCO	D	-0.51%
MGM	D	-0.51%
CZR	F	-0.5%
NVR	D	-0.5%
GPC	D	-0.48%
WING	D	-0.43%
TSLA	B	-0.31%
TNL	A	-0.3%
AMZN	C	-0.29%
NWSA	B	-0.28%
CPRT	A	-0.28%
CHDN	B	-0.27%
ROL	B	-0.26%
AZO	C	-0.26%
LOW	D	-0.26%
ARMK	B	-0.26%
TPX	B	-0.26%
KMX	B	-0.26%
SBUX	A	-0.26%
OLLI	D	-0.25%
RH	B	-0.25%
WYNN	D	-0.25%
NYT	C	-0.25%
MCD	D	-0.25%
ROST	C	-0.24%
SITE	D	-0.24%
NKE	D	-0.22%
HAS	D	-0.22%
COTY	F	-0.21%
FND	C	-0.21%