QVAL vs. FXZ ETF Comparison

Comparison of ValueShares U.S. Quantitative Value ETF (QVAL) to First Trust Materials AlphaDEX Fund (FXZ)

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

$44.65

Average Daily Volume

19,006

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FXZ

First Trust Materials AlphaDEX Fund

FXZ 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) Materials 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 materials and processing 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

$63.89

Average Daily Volume

35,644

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QVAL	FXZ
30 Days	2.25%	-0.31%
60 Days	1.53%	-4.50%
90 Days	3.98%	-2.05%
12 Months	21.38%	0.79%

1 Overlapping Holdings

	Symbol	Grade	Weight in QVAL	Weight in FXZ	Overlap
	FCX	D	1.91%	1.69%	1.69%

QVAL Overweight 49 Positions Relative to FXZ

Symbol	Grade	Weight
T	A	2.2%
TAP	C	2.17%
ULTA	D	2.17%
CRI	C	2.15%
CVS	D	2.11%
CMCSA	D	2.1%
MO	C	2.09%
LEN	B	2.08%
TPR	C	2.08%
DAL	C	2.08%
HRB	C	2.07%
OMC	B	2.06%
SKX	C	2.05%
GPK	A	2.05%
WSM	C	2.05%
ELV	B	2.04%
FOXA	C	2.04%
CTSH	B	2.04%
URBN	D	2.04%
ASO	C	2.04%
PCAR	D	2.04%
BKR	D	2.03%
MAT	C	2.02%
KBH	B	2.01%
IPG	C	2.0%
SNA	B	2.0%
ALSN	B	1.97%
LBRT	D	1.97%
MPC	F	1.96%
UFPI	C	1.96%
OC	C	1.96%
SLB	F	1.95%
CAT	C	1.95%
THC	B	1.95%
MOH	C	1.95%
DVN	F	1.94%
JBL	D	1.94%
HAL	F	1.93%
POWL	C	1.92%
WCC	D	1.92%
SIG	C	1.91%
GTES	C	1.9%
CNC	C	1.88%
CROX	C	1.88%
TEX	D	1.87%
CEIX	C	1.87%
SM	F	1.86%
ARCH	D	1.84%
WFRD	D	1.81%

QVAL Underweight 36 Positions Relative to FXZ

Symbol	Grade	Weight
FMC	C	-5.4%
RS	D	-4.72%
MOS	F	-4.66%
CE	D	-4.54%
NUE	D	-4.42%
STLD	F	-4.3%
CF	C	-4.26%
NEU	C	-4.21%
EMN	A	-3.99%
LYB	F	-3.91%
TKR	D	-3.9%
X	D	-3.83%
OLN	D	-3.56%
CLF	F	-3.07%
RGLD	B	-2.82%
APD	B	-2.75%
ECL	A	-2.68%
AVY	B	-2.59%
VVV	D	-2.43%
ASH	D	-2.41%
SCCO	D	-2.33%
ALB	D	-2.29%
IP	B	-2.16%
LIN	B	-2.12%
RBC	D	-2.09%
FAST	C	-2.05%
HUN	D	-1.9%
WLK	D	-1.87%
NEM	B	-1.06%
MP	D	-0.95%
SMG	C	-0.93%
IFF	B	-0.93%
HXL	F	-0.85%
ESI	D	-0.81%
CC	F	-0.71%
AA	D	-0.66%