DVAL vs. FVD ETF Comparison

Comparison of Dynamic US Large Cap Value ETF (DVAL) to First Trust VL Dividend (FVD)

DVAL

Dynamic US Large Cap Value ETF

DVAL Description

Dynamic US Large Cap Value ETF is an exchange traded fund launched by Franklin Resources, Inc. It is managed by Franklin Advisers, Inc. and Brandywine Global Investment Management, LLC. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. It invests in value stocks of large-cap companies, within the market capitalization range of the Russell 1000 Index. The fund employs quantitative analysis to create its portfolio. The fund seeks to benchmark the performance of its portfolio against the Russell 1000 Value Index and the S&P 500 Index. It employs proprietary research to create its portfolio. Dynamic US Large Cap Value ETF was formed on December 27, 2006 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$14.92

Average Daily Volume

7,020

Number of Holdings ^*

110

* may have additional holdings in another (foreign) market

FVD

First Trust VL Dividend

FVD 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 Value Line(R) Dividend Index(TM). 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 equal-dollar weighted index comprised of U.S. exchange-listed securities of companies that pay above-average dividends and have potential for capital appreciation.

Grade (RS Rating)

Last Trade

$46.24

Average Daily Volume

487,998

Number of Holdings ^*

201

* may have additional holdings in another (foreign) market

Performance

Period	DVAL	FVD
30 Days	4.63%	1.87%
60 Days	5.94%	2.34%
90 Days	7.93%	4.86%
12 Months	28.10%	22.35%

23 Overlapping Holdings

Symbol	Grade	Weight in DVAL	Weight in FVD	Overlap
AMGN	D	0.63%	0.43%	0.43%
AOS	F	0.23%	0.43%	0.23%
BMY	B	0.68%	0.52%	0.52%
CAT	B	3.17%	0.46%	0.46%
CMCSA	B	4.34%	0.5%	0.5%
CSCO	B	3.43%	0.48%	0.48%
CVX	A	2.2%	0.5%	0.5%
DE	A	3.88%	0.45%	0.45%
EXPD	D	1.04%	0.47%	0.47%
GIS	D	0.95%	0.44%	0.44%
HON	B	3.53%	0.48%	0.48%
IBM	C	4.21%	0.42%	0.42%
INGR	B	0.17%	0.52%	0.17%
JNJ	D	1.56%	0.43%	0.43%
KHC	F	0.98%	0.42%	0.42%
LMT	D	4.4%	0.41%	0.41%
MMM	D	1.33%	0.46%	0.46%
MRK	F	0.35%	0.43%	0.35%
NEU	C	0.14%	0.49%	0.14%
PG	A	0.96%	0.46%	0.46%
RHI	B	0.26%	0.53%	0.26%
SNX	C	0.18%	0.45%	0.18%
VZ	C	0.43%	0.43%	0.43%

DVAL Overweight 87 Positions Relative to FVD

Symbol	Grade	Weight
TMUS	B	3.65%
GM	B	3.32%
COP	C	3.1%
MPC	D	2.74%
PYPL	B	2.36%
BLDR	D	1.86%
AXP	A	1.5%
LYB	F	1.44%
STLD	B	1.41%
WMT	A	1.37%
WMB	A	1.32%
VLO	C	1.26%
PCAR	B	1.2%
NUE	C	1.15%
CSL	C	1.06%
PHM	D	1.05%
RS	B	0.97%
SCI	B	0.93%
OC	A	0.9%
JBL	B	0.89%
CF	B	0.83%
EBAY	D	0.78%
NRG	B	0.77%
MGM	D	0.76%
CRBG	B	0.74%
PSX	C	0.71%
WFC	A	0.71%
BG	F	0.7%
DRI	B	0.67%
MLM	B	0.66%
EXPE	B	0.66%
ORI	A	0.65%
IPG	D	0.65%
MRO	B	0.64%
NVR	D	0.64%
AN	C	0.62%
CPAY	A	0.6%
EQH	B	0.6%
AFG	A	0.58%
EOG	A	0.53%
BERY	B	0.52%
DIS	B	0.52%
FOXA	B	0.51%
TXT	D	0.5%
WH	B	0.49%
EVR	B	0.48%
ARMK	B	0.47%
OMF	A	0.45%
SYY	B	0.45%
MTG	C	0.45%
NXST	C	0.42%
TRMB	B	0.41%
AMG	B	0.4%
FLEX	A	0.4%
TRGP	B	0.37%
BC	C	0.35%
RL	B	0.33%
KBH	D	0.33%
DVA	B	0.31%
SAIC	F	0.31%
TOL	B	0.31%
MUSA	A	0.29%
R	B	0.28%
DKS	C	0.27%
BCC	B	0.26%
AM	A	0.25%
EMN	D	0.23%
COKE	C	0.22%
EXP	A	0.22%
BLD	D	0.2%
PVH	C	0.19%
H	B	0.18%
CBT	C	0.17%
CNM	D	0.17%
FANG	D	0.15%
MDU	D	0.14%
FMC	D	0.13%
WEX	D	0.13%
BYD	C	0.13%
CHX	C	0.1%
GPK	C	0.1%
TPR	B	0.09%
RDN	C	0.08%
OMC	C	0.05%
WSC	D	0.04%
VOYA	B	0.04%
WCC	B	0.0%

DVAL Underweight 178 Positions Relative to FVD

Symbol	Grade	Weight
GRMN	B	-0.59%
GATX	A	-0.54%
G	B	-0.54%
EMR	A	-0.54%
CBSH	A	-0.54%
GS	A	-0.53%
DTM	B	-0.53%
PINC	B	-0.53%
AIZ	A	-0.52%
MS	A	-0.52%
IDA	A	-0.52%
SEIC	B	-0.52%
MO	A	-0.52%
XEL	A	-0.51%
ETR	B	-0.51%
CMI	A	-0.51%
IOSP	B	-0.51%
IEX	B	-0.51%
SNA	A	-0.51%
JCI	C	-0.51%
SRE	A	-0.5%
NSC	B	-0.5%
GILD	C	-0.5%
WSO	A	-0.5%
HLI	B	-0.5%
LANC	C	-0.5%
UVV	B	-0.5%
PKG	A	-0.5%
WERN	C	-0.5%
PM	B	-0.5%
WTW	B	-0.5%
WDFC	B	-0.5%
JPM	A	-0.5%
ITW	B	-0.49%
BLK	C	-0.49%
WM	A	-0.49%
CPK	A	-0.49%
KR	B	-0.49%
SLGN	A	-0.49%
NDAQ	A	-0.49%
CTSH	B	-0.49%
TROW	B	-0.49%
TXN	C	-0.49%
FAST	B	-0.49%
CSX	B	-0.49%
THG	A	-0.49%
DGX	A	-0.49%
BK	A	-0.48%
OTTR	C	-0.48%
DCI	B	-0.48%
CHRW	C	-0.48%
TM	D	-0.48%
EVRG	A	-0.48%
T	A	-0.48%
SBUX	A	-0.48%
GNTX	C	-0.48%
NI	A	-0.48%
SCL	C	-0.48%
CLX	B	-0.48%
PAYX	C	-0.48%
BKH	A	-0.48%
SWX	B	-0.48%
BTI	B	-0.48%
TJX	A	-0.48%
MSM	C	-0.48%
LECO	B	-0.48%
UNH	C	-0.48%
ADP	B	-0.48%
PNW	B	-0.48%
BR	A	-0.48%
BRC	D	-0.47%
AGR	B	-0.47%
ALE	A	-0.47%
NWN	A	-0.47%
XOM	B	-0.47%
OGS	A	-0.47%
UPS	C	-0.47%
STZ	D	-0.47%
SXT	B	-0.47%
NDSN	B	-0.47%
NJR	A	-0.47%
PPL	B	-0.47%
ATO	A	-0.47%
ALL	A	-0.47%
MSEX	B	-0.47%
AEE	A	-0.47%
TGT	F	-0.47%
YUM	B	-0.47%
EQIX	A	-0.47%
SIGI	C	-0.47%
UNP	C	-0.46%
CNI	D	-0.46%
INFY	B	-0.46%
ABT	B	-0.46%
CME	A	-0.46%
DLB	B	-0.46%
AWR	B	-0.46%
TRV	B	-0.46%
NWE	B	-0.46%
CALM	A	-0.46%
SR	A	-0.46%
POOL	C	-0.46%
K	A	-0.46%
MMC	B	-0.46%
HD	A	-0.46%
TD	F	-0.46%
PSA	D	-0.46%
JJSF	B	-0.46%
LHX	C	-0.46%
PPG	F	-0.45%
TAK	F	-0.45%
MKC	D	-0.45%
SON	D	-0.45%
ACN	C	-0.45%
CB	C	-0.45%
PEG	A	-0.45%
NFG	A	-0.45%
WEC	A	-0.45%
HSY	F	-0.45%
FLO	D	-0.45%
LNT	A	-0.45%
EIX	B	-0.45%
HRL	D	-0.45%
CNA	B	-0.45%
AFL	B	-0.45%
LOW	D	-0.45%
JNPR	F	-0.45%
SO	D	-0.44%
AWK	D	-0.44%
AEP	D	-0.44%
ADI	D	-0.44%
TSCO	D	-0.44%
CPB	D	-0.44%
CWT	D	-0.44%
EXC	C	-0.44%
PEP	F	-0.44%
BDX	F	-0.44%
RTX	C	-0.44%
NOC	D	-0.44%
MDT	D	-0.44%
OTIS	C	-0.44%
POR	C	-0.44%
BAH	F	-0.44%
CMS	C	-0.44%
WTRG	B	-0.44%
MCD	D	-0.44%
GD	F	-0.44%
DOX	D	-0.44%
APD	A	-0.44%
CL	D	-0.43%
MMS	F	-0.43%
UL	D	-0.43%
DUK	C	-0.43%
SJM	D	-0.43%
REYN	D	-0.43%
AVY	D	-0.43%
NKE	D	-0.43%
ES	D	-0.43%
CAG	D	-0.43%
RIO	D	-0.43%
MDLZ	F	-0.43%
DTE	C	-0.43%
TSM	B	-0.43%
NVS	D	-0.42%
ED	D	-0.42%
PFE	D	-0.42%
KO	D	-0.42%
GSK	F	-0.42%
KDP	D	-0.42%
SJW	D	-0.42%
ABBV	D	-0.42%
KMB	D	-0.42%
DEO	F	-0.41%
SNY	F	-0.41%
BAX	D	-0.4%
AZN	D	-0.39%
HMC	F	-0.39%
HII	D	-0.35%