DSTL vs. FTA ETF Comparison

Comparison of Distillate U.S. Fundamental Stability & Value ETF (DSTL) to First Trust Large Cap Value AlphaDEX Fund (based onthe Defined Large Cap Value Index (FTA)

DSTL

Distillate U.S. Fundamental Stability & Value ETF

DSTL Description

The investment seeks to track the performance, before fees and expenses, of the Distillate U.S. Fundamental Stability & Value Index (the "index"). Under normal circumstances, at least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index. The index was developed in 2018 by Distillate Capital Partners LLC, the fund's investment adviser and index provider (the "Adviser"), and uses an objective, rules-based methodology to measure the performance of U.S.-listed, large-capitalization equity securities, selected based on certain fundamental factors.

Grade (RS Rating)

Last Trade

$56.56

Average Daily Volume

86,889

Number of Holdings ^*

* 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

$79.16

Average Daily Volume

35,869

Number of Holdings ^*

186

* may have additional holdings in another (foreign) market

Performance

Period	DSTL	FTA
30 Days	2.46%	2.23%
60 Days	8.62%	8.56%
90 Days	11.49%	9.43%
12 Months	29.18%	27.63%

31 Overlapping Holdings

Symbol	Grade	Weight in DSTL	Weight in FTA	Overlap
ABT	C	1.43%	0.18%	0.18%
BLK	A	1.37%	0.2%	0.2%
CI	D	1.54%	0.17%	0.17%
CMCSA	B	1.9%	0.89%	0.89%
CMI	A	0.91%	0.19%	0.19%
CSCO	A	1.82%	0.37%	0.37%
CTSH	B	0.88%	0.76%	0.76%
ELV	F	1.36%	0.16%	0.16%
EPAM	F	0.71%	0.35%	0.35%
FANG	D	0.92%	0.71%	0.71%
GD	C	0.99%	0.17%	0.17%
GIS	C	0.92%	0.57%	0.57%
GPC	D	0.68%	0.34%	0.34%
HSY	D	0.8%	0.35%	0.35%
JBL	C	0.71%	0.55%	0.55%
JNJ	D	2.66%	0.37%	0.37%
KR	C	0.95%	0.55%	0.55%
LEN	C	1.06%	1.04%	1.04%
LKQ	F	0.66%	0.65%	0.65%
LMT	A	1.39%	0.42%	0.42%
LOW	C	1.48%	0.4%	0.4%
OC	C	0.68%	0.67%	0.67%
OMC	C	0.86%	0.38%	0.38%
PKG	B	0.79%	0.39%	0.39%
PYPL	A	1.29%	0.45%	0.45%
SSNC	C	0.84%	0.39%	0.39%
SWKS	F	0.68%	0.45%	0.45%
SYY	D	0.82%	0.18%	0.18%
TDY	A	0.79%	0.55%	0.55%
TXT	F	0.69%	0.5%	0.5%
ZM	B	0.78%	0.57%	0.57%

DSTL Overweight 67 Positions Relative to FTA

Symbol	Grade	Weight
UNH	B	3.6%
ABBV	C	2.7%
TMUS	A	2.34%
HD	A	2.09%
AMGN	D	1.69%
CRM	B	1.63%
MO	D	1.48%
BKNG	B	1.29%
ADP	A	1.14%
HON	C	1.1%
EPD	A	1.09%
PH	A	1.09%
URI	C	1.05%
CME	A	1.04%
BLDR	C	1.0%
PHM	C	0.99%
FTNT	A	0.97%
ITW	C	0.95%
TOL	C	0.91%
AJG	C	0.91%
NVR	C	0.9%
PCAR	D	0.89%
FIS	A	0.88%
FFIV	B	0.87%
UHS	D	0.86%
PAYX	B	0.85%
MAS	C	0.84%
MCK	F	0.83%
CBOE	B	0.82%
GDDY	B	0.82%
ALLE	A	0.81%
CPAY	A	0.81%
ABNB	D	0.8%
USFD	C	0.79%
DRI	C	0.78%
WEX	C	0.78%
TFX	C	0.78%
EA	D	0.77%
ON	F	0.77%
AKAM	D	0.76%
DBX	C	0.76%
AME	C	0.76%
ULTA	D	0.74%
EMN	C	0.74%
DOX	B	0.74%
MIDD	D	0.73%
GGG	C	0.71%
VRSN	C	0.7%
JAZZ	F	0.69%
HII	F	0.69%
IEX	D	0.69%
BLD	D	0.69%
WSM	C	0.69%
WSC	D	0.68%
AOS	C	0.68%
GMED	B	0.68%
NTAP	D	0.67%
ALGN	D	0.67%
RHI	D	0.66%
LECO	D	0.66%
MTN	D	0.66%
DKS	D	0.65%
ICLR	F	0.65%
CROX	C	0.64%
PR	D	0.63%
QRVO	F	0.61%
ETSY	F	0.6%

DSTL Underweight 155 Positions Relative to FTA

Symbol	Grade	Weight
DHI	C	-1.13%
FOXA	B	-1.03%
ETR	A	-1.02%
UAL	A	-0.99%
EXC	C	-0.97%
T	B	-0.96%
CINF	A	-0.96%
CF	A	-0.96%
ACGL	A	-0.94%
BRK.A	B	-0.94%
SYF	A	-0.88%
APTV	D	-0.88%
EG	A	-0.87%
CVS	D	-0.87%
GPN	F	-0.87%
CE	D	-0.86%
GM	D	-0.84%
ADM	F	-0.83%
MKL	B	-0.83%
EQT	C	-0.82%
XEL	C	-0.81%
EOG	B	-0.81%
STLD	C	-0.81%
AEE	A	-0.81%
EBAY	A	-0.8%
UHAL	C	-0.8%
MPC	D	-0.79%
ATO	A	-0.79%
NUE	D	-0.79%
HPE	B	-0.79%
AEP	C	-0.78%
HIG	A	-0.78%
CVX	B	-0.78%
ED	C	-0.78%
MTB	A	-0.77%
PSX	D	-0.77%
CFG	C	-0.76%
PCG	C	-0.76%
CB	A	-0.76%
CAG	D	-0.76%
BG	F	-0.76%
COP	D	-0.76%
CNC	F	-0.75%
WBD	F	-0.75%
SNA	C	-0.74%
HBAN	B	-0.74%
SJM	D	-0.74%
CTRA	D	-0.74%
VTRS	D	-0.73%
IPG	D	-0.73%
VZ	C	-0.73%
KMI	A	-0.73%
KHC	F	-0.73%
F	D	-0.72%
COF	A	-0.72%
VLO	F	-0.72%
L	C	-0.7%
DVN	F	-0.69%
LNG	A	-0.69%
OXY	D	-0.68%
RS	D	-0.68%
XOM	A	-0.67%
LYB	B	-0.67%
AIG	C	-0.66%
WFC	B	-0.63%
TROW	D	-0.63%
BEN	F	-0.62%
AFL	A	-0.6%
EIX	C	-0.59%
BBY	C	-0.59%
WEC	B	-0.59%
CMS	A	-0.58%
STT	A	-0.58%
HAL	D	-0.57%
D	A	-0.57%
FITB	C	-0.57%
WPC	C	-0.56%
USB	C	-0.56%
DTE	B	-0.56%
RF	B	-0.56%
FE	C	-0.56%
DUK	C	-0.56%
DE	C	-0.55%
DGX	D	-0.55%
JBHT	D	-0.53%
INCY	B	-0.53%
CHTR	D	-0.53%
SRE	C	-0.53%
EQR	C	-0.52%
BKR	B	-0.5%
LUV	B	-0.5%
ZBH	F	-0.49%
TEL	D	-0.49%
C	B	-0.48%
BAC	B	-0.48%
CRBG	B	-0.48%
CNP	B	-0.46%
FDX	F	-0.44%
HCA	C	-0.42%
FNF	C	-0.41%
WY	C	-0.4%
NEE	C	-0.4%
PEG	A	-0.4%
TRV	B	-0.39%
APD	C	-0.39%
KEY	B	-0.39%
PNC	C	-0.39%
KIM	C	-0.39%
INTC	D	-0.38%
MDT	C	-0.38%
MOH	F	-0.38%
GS	B	-0.37%
OKE	A	-0.37%
KDP	C	-0.37%
DOV	C	-0.36%
PPG	D	-0.36%
MS	A	-0.36%
WRB	C	-0.36%
CPB	D	-0.36%
ARE	D	-0.35%
DOW	B	-0.35%
HRL	F	-0.35%
TGT	C	-0.35%
HPQ	B	-0.34%
UPS	D	-0.33%
K	B	-0.23%
CBRE	C	-0.22%
KVUE	C	-0.21%
POOL	D	-0.2%
VTR	C	-0.2%
TRGP	A	-0.19%
JCI	C	-0.19%
MKC	C	-0.19%
WMT	A	-0.19%
NKE	D	-0.19%
CTVA	A	-0.18%
PFG	A	-0.18%
MAA	D	-0.18%
DD	C	-0.18%
J	F	-0.18%
AWK	D	-0.18%
MDLZ	D	-0.18%
PRU	B	-0.17%
KMB	D	-0.17%
EXPD	D	-0.17%
WLK	C	-0.17%
TSN	D	-0.17%
LHX	A	-0.17%
TSCO	A	-0.17%
RJF	B	-0.16%
REGN	D	-0.16%
BIIB	F	-0.14%
QCOM	D	-0.14%
HUM	F	-0.14%
DG	F	-0.11%