CFCV vs. MARB ETF Comparison

Comparison of ClearBridge Focus Value ETF (CFCV) to First Trust Merger Arbitrage ETF (MARB)

CFCV

ClearBridge Focus Value ETF

CFCV Description

The investment seeks long-term capital appreciation. Under normal circumstances, the fund will invest at least 80% of its net assets in equity securities, or other exchange-traded investments with similar economic characteristics in which it is permitted to invest, of companies with large market capitalizations. It will only invest in instruments that trade on a U.S. exchange contemporaneously with the fund's shares and, for temporary or defensive purposes, in cash and cash equivalents.

Grade (RS Rating)

Last Trade

$36.06

Average Daily Volume

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MARB

First Trust Merger Arbitrage ETF

MARB Description

The investment seeks to provide investors with capital appreciation. Under normal market conditions, the fund seeks to achieve its investment objective by establishing long and short positions in the equity securities of companies that are involved in a publicly-announced significant corporate event, such as a merger or acquisition. It's portfolio may include equity securities issued by U.S. and non-U.S. companies, including American Depositary Receipts (ADRs), and derivatives, including total return swaps. The fund may invest in securities issued by small, mid and large capitalization issuers. It is non-diversified.

Grade (RS Rating)

Last Trade

$19.71

Average Daily Volume

29,505

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CFCV	MARB
30 Days	-0.37%	-0.05%
60 Days	2.62%	0.54%
90 Days	-1.31%	-0.20%
12 Months	12.17%	0.75%

1 Overlapping Holdings

	Symbol	Grade	Weight in CFCV	Weight in MARB	Overlap
	COF	D	0.97%	-3.42%	-3.42%

CFCV Overweight 35 Positions Relative to MARB

Symbol	Grade	Weight
MCK	B	5.07%
INTC	C	4.7%
JPM	B	4.69%
BAC	B	4.4%
SRE	B	4.4%
MCHP	C	4.13%
SCHW	D	4.09%
CVS	D	3.8%
JNJ	F	3.67%
WEC	D	3.49%
TMO	D	3.31%
SHW	D	3.21%
BDX	F	2.87%
CMCSA	F	2.86%
LRCX	B	2.81%
AXP	C	2.64%
OTIS	B	2.63%
UPS	D	2.46%
MSI	B	2.43%
EIX	C	2.42%
MLM	D	2.35%
ITW	D	2.08%
MMC	B	1.96%
HD	C	1.86%
VLTO	D	1.84%
UNH	D	1.82%
META	A	1.7%
HLN	B	1.34%
PGR	B	1.32%
XPO	C	1.32%
MSFT	A	1.28%
GOOGL	A	1.27%
V	C	1.25%
DE	F	0.9%
DIS	D	0.81%

CFCV Underweight 28 Positions Relative to MARB

Symbol	Grade	Weight
ACI	F	-4.76%
AMED	A	-4.5%
EDR	A	-4.4%
AXNX	B	-3.87%
HCP	A	-3.44%
AMK	B	-3.42%
X	C	-3.37%
ANSS	C	-3.35%
JNPR	B	-3.29%
HTLF	B	-3.27%
DFS	B	-3.02%
HES	D	-3.0%
CTLT	B	-2.91%
CERE	C	-2.83%
VZIO	B	-2.81%
ETRN	D	-2.73%
CHX	C	-2.71%
PRFT	B	-2.44%
MGRC	D	-2.23%
NWLI	A	-2.06%
CPRI	D	-1.3%
PFS	D	--0.05%
WSC	F	--0.94%
SNPS	B	--2.2%
EQT	D	--2.8%
CVX	D	--3.34%
UMBF	C	--3.46%
SLB	D	--4.1%