CAPE vs. EDOW ETF Comparison

Comparison of DoubleLine Shiller CAPE U.S. Equities ETF (CAPE) to First Trust Dow 30 Equal Weight ETF (EDOW)

CAPE

DoubleLine Shiller CAPE U.S. Equities ETF

CAPE Description

The index seeks to provide a notional long exposure to the top four relatively undervalued U.S. equity sectors that also exhibit relatively strong price momentum. It incorporates the CAPE (Cyclically Adjusted Price Earnings) ratio to assess equity market valuations of nine sectors on a monthly basis and to identify the relatively undervalued sectors represented in the S&P 500®.

Grade (RS Rating)

Last Trade

$31.82

Average Daily Volume

28,795

Number of Holdings ^*

* may have additional holdings in another (foreign) market

EDOW

First Trust Dow 30 Equal Weight ETF

EDOW Description

The investment seeks investment results that correspond generally to the price and yield of an equity index called the Dow Jones Industrial Average Equal Weight Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks that comprise the index. The index is the equal weight version of the Dow Jones Industrial Average (the DJIA). The DJIA is composed of 30 securities issued by blue-chip U.S. companies covering all industries, with the exception of transportation and utilities.

Grade (RS Rating)

Last Trade

$37.65

Average Daily Volume

20,431

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CAPE	EDOW
30 Days	7.06%	5.97%
60 Days	7.94%	4.70%
90 Days	9.69%	7.69%
12 Months	28.13%	23.54%

4 Overlapping Holdings

Symbol	Grade	Weight in CAPE	Weight in EDOW	Overlap
JPM	B	2.26%	3.74%	2.26%
KO	D	2.09%	2.8%	2.09%
PG	A	3.07%	3.12%	3.07%
WMT	B	2.59%	3.43%	2.59%

CAPE Overweight 6 Positions Relative to EDOW

Symbol	Grade	Weight
META	D	5.54%
BRK.A	B	3.17%
COST	B	2.95%
GOOGL	C	2.69%
GOOG	C	2.23%
PLD	D	2.02%

CAPE Underweight 26 Positions Relative to EDOW

Symbol	Grade	Weight
NVDA	C	-4.16%
CRM	B	-4.06%
DIS	B	-4.01%
GS	B	-3.86%
CSCO	A	-3.67%
CVX	B	-3.64%
HON	B	-3.53%
AXP	A	-3.53%
CAT	B	-3.51%
AMZN	C	-3.45%
TRV	B	-3.43%
V	A	-3.4%
HD	A	-3.34%
AAPL	B	-3.27%
UNH	B	-3.21%
IBM	C	-3.17%
MCD	D	-3.12%
MSFT	D	-3.06%
MMM	D	-3.05%
VZ	B	-3.02%
BA	D	-2.96%
NKE	F	-2.95%
SHW	A	-2.95%
JNJ	D	-2.94%
AMGN	D	-2.75%
MRK	F	-2.67%