AIRR vs. XTL ETF Comparison

Comparison of First Trust RBA American Industrial Renaissance ETF (AIRR) to SPDR S&P Telecom ETF (XTL)

AIRR

First Trust RBA American Industrial Renaissance ETF

AIRR Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Richard Bernstein Advisors American Industrial Renaissance Index (the "index"). The fund will normally invest at least 90% of its net assets (plus the amount of any borrowings for investment purposes) in U.S. equity securities that comprise the index. The index is designed to measure the performance of small and mid cap U.S. companies in the industrial and community banking sectors. It is non-diversified.

Grade (RS Rating)

Last Trade

$71.83

Average Daily Volume

234,876

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$87.21

Average Daily Volume

8,614

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AIRR	XTL
30 Days	7.34%	12.12%
60 Days	-1.22%	14.38%
90 Days	8.21%	25.54%
12 Months	31.03%	20.53%

1 Overlapping Holdings

	Symbol	Grade	Weight in AIRR	Weight in XTL	Overlap
	ANET	C	0.51%	3.97%	0.51%

AIRR Overweight 56 Positions Relative to XTL

Symbol	Grade	Weight
MLI	B	3.27%
HII	C	3.15%
MDU	B	3.14%
MSM	C	3.13%
PRIM	B	3.13%
GVA	B	3.08%
AIT	C	3.06%
FSS	B	2.94%
BWXT	C	2.92%
WMS	C	2.9%
CLH	A	2.9%
RBC	B	2.89%
HUBB	C	2.8%
KEX	C	2.8%
CNM	C	2.73%
EME	D	2.73%
HRI	C	2.42%
MWA	B	2.26%
ACA	B	1.98%
GBX	C	1.93%
DY	B	1.88%
ATKR	F	1.88%
FNB	B	1.8%
VSEC	C	1.77%
ROAD	C	1.77%
DNOW	B	1.73%
FIX	C	1.64%
AAON	C	1.55%
WNC	F	1.47%
HEES	C	1.38%
MRCY	C	1.35%
MTZ	D	1.32%
WTFC	C	1.29%
ASB	C	1.17%
DXPE	C	1.11%
MRC	B	1.09%
ONB	B	1.09%
FRME	C	1.05%
FFBC	C	1.04%
PRK	C	0.96%
STRL	D	0.95%
FULT	C	0.91%
TGI	C	0.86%
TPC	C	0.82%
FCF	C	0.79%
PRLB	C	0.7%
SHYF	B	0.61%
ASTE	D	0.6%
BLBD	D	0.59%
PLOW	B	0.58%
LMB	C	0.57%
LKFN	C	0.56%
IIIN	C	0.56%
TRNS	C	0.55%
POWL	C	0.53%
AMRC	D	0.49%

AIRR Underweight 36 Positions Relative to XTL

Symbol	Grade	Weight
CCOI	B	-5.17%
FYBR	A	-4.54%
T	A	-4.52%
LITE	C	-4.47%
CIEN	B	-4.43%
JNPR	A	-4.39%
IRDM	C	-4.37%
FFIV	B	-4.31%
CSCO	C	-4.3%
MSI	A	-4.27%
VZ	C	-4.19%
TMUS	A	-4.14%
VSAT	C	-3.87%
EXTR	D	-3.5%
CALX	B	-3.42%
LUMN	B	-3.01%
INFN	B	-2.6%
HLIT	B	-2.29%
TDS	B	-2.16%
NPAB	C	-1.91%
VIAV	D	-1.9%
UI	B	-1.58%
NTCT	C	-1.55%
LILAK	B	-1.47%
GOGO	F	-1.08%
USM	B	-1.08%
BAND	D	-0.96%
CLFD	B	-0.9%
DGII	C	-0.76%
AAOI	F	-0.72%
GSAT	D	-0.68%
ATEX	C	-0.59%
SHEN	B	-0.55%
NTGR	B	-0.44%
IDT	C	-0.39%
AVNW	C	-0.38%