UDIV vs. FTA ETF Comparison

Comparison of Franklin U.S. Core Dividend Tilt Index ETF (UDIV) to First Trust Large Cap Value AlphaDEX Fund (based onthe Defined Large Cap Value Index (FTA)

UDIV

Franklin U.S. Core Dividend Tilt Index ETF

UDIV Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the LibertyQ Global Dividend Index. The fund invests at least 80% of its assets in the component securities of the index and in depositary receipts representing such securities. The index includes stocks from developed and emerging market countries with high and persistent dividend income that have favorable exposure to a quality investment style factor.

Grade (RS Rating)

Last Trade

$46.42

Average Daily Volume

4,741

Number of Holdings ^*

277

* 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

$82.72

Average Daily Volume

39,082

Number of Holdings ^*

186

* may have additional holdings in another (foreign) market

Performance

Period	UDIV	FTA
30 Days	2.89%	4.88%
60 Days	4.78%	5.23%
90 Days	6.71%	6.80%
12 Months	35.02%	26.69%

100 Overlapping Holdings

Symbol	Grade	Weight in UDIV	Weight in FTA	Overlap
ACN	C	0.45%	0.18%	0.18%
AEE	A	0.03%	0.72%	0.03%
AEP	D	0.29%	0.47%	0.29%
APD	A	0.18%	0.18%	0.18%
ARE	D	0.1%	0.32%	0.1%
BAC	A	0.65%	0.59%	0.59%
BBY	D	0.11%	0.45%	0.11%
BKR	B	0.18%	0.61%	0.18%
C	A	0.82%	0.76%	0.76%
CAG	D	0.07%	0.14%	0.07%
CFG	B	0.13%	0.8%	0.13%
CINF	A	0.14%	0.96%	0.14%
CLX	B	0.12%	0.17%	0.12%
CMCSA	B	0.36%	0.91%	0.36%
CMI	A	0.3%	0.19%	0.19%
CMS	C	0.11%	0.34%	0.11%
COP	C	0.25%	0.94%	0.25%
CPB	D	0.05%	0.16%	0.05%
CRBG	B	0.04%	0.74%	0.04%
CSCO	B	0.86%	0.38%	0.38%
CTRA	B	0.12%	0.93%	0.12%
CVS	D	0.39%	0.77%	0.39%
CVX	A	1.12%	0.96%	0.96%
D	C	0.27%	0.5%	0.27%
DG	F	0.03%	0.64%	0.03%
DIS	B	0.13%	0.4%	0.13%
DOC	D	0.09%	0.33%	0.09%
DOW	F	0.19%	0.42%	0.19%
DRI	B	0.12%	0.36%	0.12%
DTE	C	0.14%	0.48%	0.14%
DUK	C	0.49%	0.49%	0.49%
DVN	F	0.16%	0.88%	0.16%
EBAY	D	0.13%	0.49%	0.13%
ED	D	0.19%	0.64%	0.19%
EIX	B	0.19%	0.33%	0.19%
EOG	A	0.07%	0.97%	0.07%
EQR	B	0.14%	0.5%	0.14%
ETR	B	0.18%	0.78%	0.18%
EXC	C	0.22%	0.66%	0.22%
F	C	0.27%	0.92%	0.27%
FANG	D	0.21%	0.74%	0.21%
FDX	B	0.08%	0.75%	0.08%
FE	C	0.12%	0.32%	0.12%
FITB	A	0.19%	0.57%	0.19%
FNF	B	0.09%	0.34%	0.09%
GD	F	0.06%	0.17%	0.06%
GIS	D	0.2%	0.31%	0.2%
GPC	D	0.11%	0.31%	0.11%
HBAN	A	0.16%	0.84%	0.16%
HD	A	1.06%	0.17%	0.17%
HPE	B	0.1%	0.92%	0.1%
HPQ	B	0.23%	0.36%	0.23%
HRL	D	0.05%	0.49%	0.05%
INTC	D	0.41%	0.75%	0.41%
IP	B	0.12%	0.6%	0.12%
JNJ	D	1.16%	0.33%	0.33%
KEY	B	0.11%	0.4%	0.11%
KHC	F	0.16%	0.46%	0.16%
KIM	A	0.1%	0.37%	0.1%
KMI	A	0.32%	0.85%	0.32%
LNT	A	0.09%	0.5%	0.09%
LOW	D	0.27%	0.17%	0.17%
LUV	C	0.11%	0.56%	0.11%
LYB	F	0.13%	0.76%	0.13%
MAA	B	0.1%	0.17%	0.1%
MDT	D	0.56%	0.16%	0.16%
MS	A	0.94%	0.65%	0.65%
MTB	A	0.22%	0.61%	0.22%
NI	A	0.09%	0.53%	0.09%
NKE	D	0.13%	0.15%	0.13%
OKE	A	0.38%	0.42%	0.38%
OMC	C	0.11%	0.17%	0.11%
PEP	F	0.57%	0.17%	0.17%
PFG	D	0.12%	0.17%	0.12%
PKG	A	0.12%	0.38%	0.12%
PNC	B	0.5%	0.39%	0.39%
PPL	B	0.14%	0.51%	0.14%
PRU	A	0.28%	0.36%	0.28%
PSX	C	0.22%	0.87%	0.22%
RF	A	0.15%	0.58%	0.15%
SBUX	A	0.3%	0.17%	0.17%
SLB	C	0.06%	0.73%	0.06%
SNA	A	0.11%	0.63%	0.11%
STT	A	0.18%	0.55%	0.18%
STX	D	0.11%	0.46%	0.11%
SWKS	F	0.08%	0.6%	0.08%
SYY	B	0.17%	0.49%	0.17%
T	A	0.79%	0.89%	0.79%
TGT	F	0.28%	0.5%	0.28%
TROW	B	0.16%	0.97%	0.16%
TSN	B	0.11%	0.38%	0.11%
UPS	C	0.57%	0.17%	0.17%
USB	A	0.47%	0.56%	0.47%
VLO	C	0.08%	0.91%	0.08%
VTRS	A	0.1%	0.76%	0.1%
VZ	C	0.77%	0.64%	0.64%
WEC	A	0.18%	0.35%	0.18%
WFC	A	0.42%	0.9%	0.42%
XEL	A	0.21%	0.74%	0.21%
XOM	B	1.35%	0.9%	0.9%

UDIV Overweight 177 Positions Relative to FTA

Symbol	Grade	Weight
NVDA	C	6.83%
AAPL	C	6.17%
MSFT	F	6.07%
AMZN	C	3.48%
META	D	2.13%
GOOGL	C	1.92%
GOOG	C	1.73%
AVGO	D	1.72%
TSLA	B	1.48%
JPM	A	1.35%
LLY	F	1.21%
ABBV	D	0.97%
UNH	C	0.87%
BLK	C	0.87%
PM	B	0.86%
TXN	C	0.85%
IBM	C	0.81%
PG	A	0.78%
BX	A	0.76%
KO	D	0.74%
QCOM	F	0.74%
MRK	F	0.71%
BMY	B	0.69%
PFE	D	0.66%
NFLX	A	0.64%
GILD	C	0.63%
AMGN	D	0.62%
MO	A	0.56%
SO	D	0.53%
ADI	D	0.52%
CRM	B	0.51%
ORCL	B	0.5%
ABT	B	0.48%
NOW	A	0.47%
INTU	C	0.47%
CME	A	0.46%
GS	A	0.44%
AMD	F	0.43%
ITW	B	0.43%
PLD	D	0.43%
WMB	A	0.41%
ETN	A	0.41%
APO	B	0.4%
AMAT	F	0.38%
TFC	A	0.38%
MMM	D	0.36%
AMT	D	0.35%
NXPI	D	0.35%
ADBE	C	0.35%
LRCX	F	0.34%
V	A	0.34%
SPG	B	0.33%
BK	A	0.33%
DLR	B	0.32%
PLTR	B	0.31%
CRWD	B	0.3%
KLAC	D	0.3%
UNP	C	0.3%
PSA	D	0.29%
ANET	C	0.28%
UBER	D	0.28%
MELI	D	0.28%
O	D	0.28%
FAST	B	0.27%
PANW	C	0.27%
COST	B	0.26%
PAYX	C	0.26%
KMB	D	0.26%
CCI	D	0.24%
KVUE	A	0.23%
MA	C	0.23%
MCD	D	0.23%
JCI	C	0.23%
MSCI	C	0.23%
EMR	A	0.22%
EQIX	A	0.21%
GLW	B	0.21%
EXR	D	0.2%
MU	D	0.2%
ROK	B	0.2%
MCHP	D	0.2%
VICI	C	0.19%
VRT	B	0.18%
HON	B	0.18%
AVB	B	0.18%
RTX	C	0.18%
GRMN	B	0.18%
ARES	A	0.18%
IRM	D	0.17%
PEG	A	0.16%
KKR	A	0.16%
SW	A	0.16%
LIN	D	0.14%
ISRG	A	0.14%
DFS	B	0.14%
VTR	C	0.14%
CDNS	B	0.14%
NTAP	C	0.14%
IFF	D	0.13%
ADP	B	0.13%
NTRS	A	0.13%
COIN	C	0.13%
MPWR	F	0.12%
INVH	D	0.12%
CMG	B	0.12%
WELL	A	0.12%
MRVL	B	0.12%
K	A	0.12%
ES	D	0.12%
ESS	B	0.11%
ZS	C	0.11%
BR	A	0.11%
NEE	D	0.11%
DASH	A	0.11%
MET	A	0.11%
WSO	A	0.11%
SNPS	B	0.11%
ALL	A	0.1%
CAT	B	0.1%
DELL	C	0.1%
SUI	D	0.09%
AMCR	D	0.09%
DDOG	A	0.09%
EWBC	A	0.09%
BAX	D	0.09%
EL	F	0.09%
UDR	B	0.08%
SWK	D	0.08%
AXON	A	0.08%
LVS	C	0.08%
EVRG	A	0.08%
SJM	D	0.07%
WPC	D	0.07%
CG	A	0.07%
NSC	B	0.07%
JNPR	F	0.07%
REG	B	0.07%
EMN	D	0.07%
BXP	D	0.07%
HST	C	0.07%
CPT	B	0.07%
GEN	B	0.07%
ELS	C	0.07%
AES	F	0.06%
WDAY	B	0.06%
SCCO	F	0.06%
APA	D	0.06%
HUBS	A	0.06%
IPG	D	0.06%
SNOW	C	0.06%
CNH	C	0.06%
TTD	B	0.06%
NET	B	0.06%
LKQ	D	0.06%
HUBB	B	0.06%
MDB	C	0.05%
APH	A	0.05%
TAP	C	0.05%
BEN	C	0.04%
TSCO	D	0.04%
SQ	B	0.04%
WBA	F	0.04%
RPRX	D	0.04%
ENTG	D	0.04%
WMT	A	0.03%
SMCI	F	0.03%
AGR	B	0.02%
SYK	C	0.02%
OKTA	C	0.02%
DT	C	0.02%
TT	A	0.02%
FIS	C	0.02%
CAH	B	0.02%
TER	D	0.02%
SIRI	C	0.01%
BSY	D	0.01%
NEM	D	0.01%

UDIV Underweight 86 Positions Relative to FTA

Symbol	Grade	Weight
UAL	A	-1.4%
SYF	B	-1.14%
GM	B	-1.13%
DAL	C	-1.12%
PCAR	B	-1.02%
FOXA	B	-0.98%
STLD	B	-0.96%
RS	B	-0.94%
AIG	B	-0.91%
HAL	C	-0.91%
TOL	B	-0.87%
COF	B	-0.86%
OXY	D	-0.86%
MPC	D	-0.85%
NUE	C	-0.85%
EG	C	-0.82%
EQT	B	-0.82%
LNG	B	-0.82%
BG	F	-0.8%
PHM	D	-0.79%
LEN	D	-0.79%
OC	A	-0.78%
ADM	D	-0.77%
SRE	A	-0.76%
L	A	-0.74%
ATO	A	-0.73%
CTSH	B	-0.73%
CNP	B	-0.72%
KR	B	-0.72%
ZBH	C	-0.71%
ALLY	C	-0.71%
CB	C	-0.7%
CF	B	-0.7%
HIG	B	-0.69%
APTV	D	-0.66%
ON	D	-0.65%
CHTR	C	-0.62%
DHI	D	-0.6%
TDY	B	-0.56%
TRV	B	-0.56%
CNC	D	-0.55%
DGX	A	-0.52%
TXT	D	-0.5%
AFL	B	-0.5%
ULTA	F	-0.5%
CE	F	-0.48%
BLDR	D	-0.48%
DE	A	-0.48%
RJF	A	-0.46%
AKAM	D	-0.45%
BIIB	F	-0.44%
ZM	B	-0.42%
JBHT	C	-0.38%
NWSA	B	-0.38%
RGA	A	-0.37%
CSX	B	-0.36%
SSNC	B	-0.35%
NVR	D	-0.33%
CARR	D	-0.33%
PPG	F	-0.33%
HSY	F	-0.33%
MOH	F	-0.31%
KDP	D	-0.31%
HUM	C	-0.31%
WLK	D	-0.3%
ELV	F	-0.27%
PYPL	B	-0.19%
ODFL	B	-0.19%
LHX	C	-0.18%
WRB	A	-0.18%
LH	C	-0.18%
IEX	B	-0.18%
J	F	-0.18%
KEYS	A	-0.17%
NDSN	B	-0.17%
CTVA	C	-0.17%
WY	D	-0.16%
EXPD	D	-0.16%
LMT	D	-0.16%
DD	D	-0.16%
CI	F	-0.16%
MAS	D	-0.16%
HOLX	D	-0.16%
FTV	C	-0.16%
MDLZ	F	-0.15%
AWK	D	-0.15%