DVLU vs. FMAT ETF Comparison

Comparison of First Trust Dorsey Wright Momentum & Value ETF (DVLU) to Fidelity MSCI Materials Index ETF (FMAT)

DVLU

First Trust Dorsey Wright Momentum & Value ETF

DVLU 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 Dorsey Wright Momentum Plus Value Index (the "index"). Under normal conditions, the fund will invest at least 90% of its net assets (including investment borrowings) in the equity securities that comprise the index. The index is a rules-based equity index designed to track the overall performance of the 50 most undervalued stocks comprising the NASDAQ US Large Mid Index that exhibit high levels of "relative strength." The fund is non-diversified.

Grade (RS Rating)

Last Trade

$29.52

Average Daily Volume

3,245

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FMAT

Fidelity MSCI Materials Index ETF

FMAT Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Materials Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Materials Index, which represents the performance of the materials sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Materials Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$51.75

Average Daily Volume

40,173

Number of Holdings ^*

111

* may have additional holdings in another (foreign) market

Performance

Period	DVLU	FMAT
30 Days	5.88%	6.04%
60 Days	1.58%	0.53%
90 Days	3.77%	2.83%
12 Months	22.30%	10.83%

2 Overlapping Holdings

	Symbol	Grade	Weight in DVLU	Weight in FMAT	Overlap
	PKG	A	1.16%	1.27%	1.16%
	WLK	D	2.51%	0.39%	0.39%

DVLU Overweight 46 Positions Relative to FMAT

Symbol	Grade	Weight
PHM	B	3.35%
BPOP	B	3.17%
FCNCA	B	3.17%
COF	B	3.16%
OMF	C	3.15%
RGA	A	3.14%
CRBG	D	3.13%
JLL	B	3.08%
SYF	C	3.03%
THC	B	2.94%
AIG	C	2.9%
TRV	B	2.79%
OC	B	2.78%
USFD	C	2.59%
PR	F	2.59%
WFC	C	2.56%
SF	B	2.5%
TXT	B	2.43%
NRG	D	2.42%
HCA	A	2.24%
MCK	A	2.21%
NSIT	C	2.18%
JEF	B	2.03%
ACGL	D	2.02%
ALL	A	1.8%
GS	B	1.73%
OKE	B	1.59%
CROX	D	1.57%
FANG	C	1.53%
AFL	A	1.53%
JPM	B	1.5%
NVR	A	1.39%
DKS	D	1.36%
CACI	A	1.35%
FLR	C	1.26%
RL	D	1.25%
MUSA	A	1.2%
APG	D	1.19%
DVA	D	1.16%
URI	C	1.14%
WSM	C	1.09%
CASY	B	1.01%
PSN	B	1.0%
GNRC	C	0.97%
AMP	D	0.94%
WAB	D	0.87%

DVLU Underweight 109 Positions Relative to FMAT

Symbol	Grade	Weight
LIN	B	-15.54%
SHW	A	-6.02%
FCX	D	-4.61%
ECL	B	-4.51%
APD	C	-4.14%
NEM	A	-3.85%
CTVA	C	-2.77%
NUE	F	-2.77%
DOW	F	-2.66%
MLM	B	-2.49%
VMC	A	-2.47%
DD	A	-2.39%
PPG	F	-2.14%
SW	F	-1.81%
LYB	B	-1.81%
IFF	A	-1.8%
BALL	C	-1.42%
STLD	C	-1.4%
RS	C	-1.25%
AVY	D	-1.23%
CE	F	-1.11%
IP	A	-1.1%
RPM	B	-1.08%
AMCR	A	-1.07%
CF	D	-1.01%
EMN	B	-0.85%
ALB	F	-0.78%
CCK	B	-0.74%
ATR	A	-0.69%
MOS	D	-0.68%
X	B	-0.65%
RGLD	A	-0.63%
EXP	B	-0.61%
GPK	B	-0.61%
ATI	B	-0.58%
AA	F	-0.56%
AXTA	A	-0.55%
CLF	F	-0.55%
BERY	B	-0.54%
FMC	B	-0.53%
CRS	B	-0.5%
CMC	B	-0.5%
LPX	B	-0.45%
ESI	C	-0.44%
BCPC	B	-0.42%
SEE	B	-0.39%
CBT	C	-0.39%
OLN	F	-0.38%
SON	D	-0.37%
SUM	B	-0.35%
ASH	D	-0.33%
FUL	B	-0.33%
KNF	C	-0.31%
AVNT	B	-0.3%
NEU	B	-0.29%
SLGN	A	-0.29%
HUN	D	-0.27%
CC	F	-0.26%
HCC	C	-0.26%
AMR	F	-0.24%
HL	C	-0.24%
IOSP	C	-0.23%
SMG	B	-0.21%
SXT	C	-0.2%
MTX	D	-0.19%
KWR	C	-0.19%
SLVM	B	-0.19%
ARCH	F	-0.18%
MTRN	C	-0.18%
CDE	C	-0.18%
HWKN	A	-0.15%
TROX	D	-0.14%
MP	F	-0.14%
SCL	D	-0.14%
OI	C	-0.13%
NGVT	F	-0.11%
GEF	B	-0.11%
OEC	D	-0.1%
PRM	B	-0.09%
KALU	F	-0.09%
ASPN	D	-0.09%
WS	C	-0.09%
ECVT	F	-0.08%
TRS	D	-0.08%
CLW	B	-0.07%
SXC	C	-0.07%
USLM	A	-0.07%
MATV	B	-0.07%
RYI	D	-0.06%
KOP	F	-0.06%
CENX	D	-0.06%
MTUS	D	-0.06%
PCT	B	-0.06%
IE	F	-0.05%
ASIX	C	-0.05%
HAYN	A	-0.05%
GATO	C	-0.04%
ZEUS	D	-0.04%
PTVE	D	-0.04%
METC	F	-0.03%
DNA	F	-0.03%
LXU	B	-0.03%
CMP	D	-0.03%
MYE	C	-0.03%
RDUS	D	-0.03%
KRO	D	-0.02%
GEF	B	-0.02%
MERC	F	-0.02%
PACK	B	-0.02%