XTL vs. FPX ETF Comparison

Comparison of SPDR S&P Telecom ETF (XTL) to First Trust IPOX-100 Index Fund (FPX)

XTL

SPDR S&P Telecom ETF

XTL Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the telecommunications segment of a U.S. total market composite index. In seeking to track the performance of the S&P Telecom Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the telecommunications industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$97.32

Average Daily Volume

10,467

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FPX

First Trust IPOX-100 Index Fund

FPX 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 IPOX(R)-100 U.S. Index. The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is a modified, value-weighted price index measuring the performance of the top U.S. companies ranked quarterly by market capitalization in the IPOX(R) Global Composite Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$106.06

Average Daily Volume

20,181

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XTL	FPX
30 Days	4.78%	5.06%
60 Days	18.95%	5.88%
90 Days	28.13%	6.07%
12 Months	33.82%	23.47%

1 Overlapping Holdings

	Symbol	Grade	Weight in XTL	Weight in FPX	Overlap
	NPAB	D	2.81%	0.34%	0.34%

XTL Overweight 36 Positions Relative to FPX

Symbol	Grade	Weight
LUMN	C	8.77%
FYBR	C	5.25%
CCOI	C	4.77%
T	A	4.44%
FFIV	A	4.42%
MSI	B	4.24%
LITE	C	4.16%
CIEN	C	4.16%
TMUS	A	4.12%
VZ	A	4.03%
JNPR	B	3.96%
CSCO	C	3.92%
ANET	C	3.81%
IRDM	D	3.74%
EXTR	C	3.1%
CALX	D	3.04%
VSAT	F	2.67%
INFN	B	2.45%
HLIT	C	2.34%
TDS	B	2.09%
VIAV	D	1.83%
UI	B	1.59%
NTCT	D	1.29%
LILAK	C	1.18%
USM	B	1.01%
AAOI	D	0.95%
GOGO	F	0.78%
CLFD	C	0.72%
DGII	D	0.68%
BAND	D	0.63%
GSAT	F	0.59%
ATEX	C	0.48%
NTGR	C	0.4%
IDT	C	0.34%
SHEN	F	0.34%
AVNW	F	0.28%

XTL Underweight 88 Positions Relative to FPX

Symbol	Grade	Weight
REGN	C	-10.21%
CARR	A	-7.34%
IOT	B	-5.44%
ABNB	D	-4.66%
OTIS	C	-3.37%
PLTR	B	-3.35%
DASH	C	-3.02%
CEG	C	-2.75%
KVUE	B	-2.54%
DKNG	D	-2.36%
VRT	C	-2.21%
GEV	B	-2.15%
CRWD	D	-1.86%
DUOL	C	-1.75%
RKT	B	-1.58%
GEHC	C	-1.57%
HQY	C	-1.41%
CR	C	-1.36%
CRBG	D	-1.36%
PCVX	B	-1.17%
CNM	F	-1.17%
APP	B	-1.14%
COIN	F	-1.1%
SNOW	F	-1.09%
VLTO	B	-1.08%
HOOD	C	-0.99%
HPE	F	-0.96%
AZEK	C	-0.95%
OWL	C	-0.93%
RBLX	B	-0.92%
NET	D	-0.89%
DTM	B	-0.88%
VERX	D	-0.88%
RYAN	C	-0.82%
CRDO	D	-0.8%
NSIT	C	-0.78%
JXN	B	-0.76%
RDDT	D	-0.73%
TPG	B	-0.71%
NRG	C	-0.65%
CHK	D	-0.63%
FNF	B	-0.63%
KD	D	-0.63%
UTHR	C	-0.62%
THC	B	-0.62%
ESAB	C	-0.58%
MKSI	F	-0.57%
EDR	A	-0.56%
BSY	D	-0.53%
GKOS	D	-0.52%
KNF	B	-0.5%
COOP	B	-0.47%
VNT	D	-0.46%
COHR	C	-0.44%
PR	D	-0.41%
PSN	B	-0.39%
TOST	C	-0.39%
LNW	B	-0.38%
INFA	D	-0.29%
ELAN	D	-0.29%
FOUR	C	-0.27%
KNTK	A	-0.27%
RVMD	C	-0.27%
DOCS	B	-0.26%
STEP	B	-0.24%
RBRK	F	-0.23%
BROS	D	-0.22%
ACT	A	-0.22%
CIVI	F	-0.22%
OGN	C	-0.22%
AMK	B	-0.21%
NUVL	B	-0.21%
TMDX	D	-0.2%
EQT	D	-0.2%
VRRM	D	-0.18%
OSCR	C	-0.16%
PRCT	B	-0.15%
ACLX	B	-0.14%
DYN	D	-0.13%
SGBX	F	-0.13%
ACVA	B	-0.12%
HAYW	D	-0.12%
HIMS	D	-0.12%
KYMR	B	-0.11%
PHIN	C	-0.09%
KROS	C	-0.08%
RXST	C	-0.08%
ARHS	F	-0.06%