DVLU vs. KBE ETF Comparison

Comparison of First Trust Dorsey Wright Momentum & Value ETF (DVLU) to SPDR S&P Bank ETF (KBE)

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

KBE

SPDR S&P Bank ETF

KBE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of publicly traded national money centers and leading regional banks. In seeking to track the performance of the S&P Banks Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the banks industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$51.70

Average Daily Volume

1,866,129

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DVLU	KBE
30 Days	5.88%	10.56%
60 Days	1.58%	12.66%
90 Days	3.77%	12.27%
12 Months	22.30%	29.11%

5 Overlapping Holdings

Symbol	Grade	Weight in DVLU	Weight in KBE	Overlap
BPOP	B	3.17%	1.14%	1.14%
CRBG	D	3.13%	0.99%	0.99%
FCNCA	B	3.17%	1.2%	1.2%
JPM	B	1.5%	1.02%	1.02%
WFC	C	2.56%	0.98%	0.98%

DVLU Overweight 43 Positions Relative to KBE

Symbol	Grade	Weight
PHM	B	3.35%
COF	B	3.16%
OMF	C	3.15%
RGA	A	3.14%
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%
WLK	D	2.51%
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%
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%
PKG	A	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 85 Positions Relative to KBE

Symbol	Grade	Weight
TBBK	C	-1.45%
AX	C	-1.38%
COLB	C	-1.34%
BKU	B	-1.33%
SSB	B	-1.3%
WAL	C	-1.29%
FFIN	C	-1.29%
CBU	B	-1.24%
INDB	C	-1.24%
ABCB	C	-1.23%
FHB	C	-1.21%
ZION	C	-1.2%
UCBI	B	-1.2%
PNFP	B	-1.2%
SNV	B	-1.2%
CFG	B	-1.19%
HWC	C	-1.19%
ONB	B	-1.19%
GBCI	C	-1.19%
EWBC	C	-1.18%
TFC	B	-1.18%
FBP	B	-1.18%
JXN	B	-1.18%
UBSI	B	-1.17%
NMIH	C	-1.17%
FIBK	C	-1.17%
FULT	C	-1.17%
CFR	C	-1.17%
PB	B	-1.17%
VLY	C	-1.16%
HOMB	B	-1.16%
WBS	C	-1.15%
OZK	C	-1.15%
CATY	C	-1.15%
RDN	B	-1.15%
CADE	C	-1.15%
UMBF	B	-1.15%
CBSH	B	-1.15%
MTB	B	-1.14%
KEY	C	-1.14%
HBAN	B	-1.14%
PNC	B	-1.13%
MTG	B	-1.13%
RF	B	-1.13%
FNB	B	-1.13%
WAFD	B	-1.12%
IBOC	C	-1.12%
AUB	C	-1.12%
FITB	B	-1.12%
BOKF	C	-1.12%
BOH	C	-1.12%
WTFC	C	-1.11%
FHN	C	-1.11%
USB	B	-1.1%
CVBF	C	-1.09%
PPBI	C	-1.09%
IBTX	C	-1.08%
ASB	C	-1.08%
TCBI	C	-1.08%
CMA	B	-1.07%
WD	C	-1.07%
ESNT	B	-1.06%
BK	A	-1.05%
COOP	C	-1.05%
WSFS	C	-1.03%
EQH	B	-1.02%
PFSI	C	-1.02%
C	B	-1.02%
NTRS	B	-1.02%
BANC	D	-1.02%
EBC	C	-1.01%
BAC	C	-0.99%
APO	C	-0.99%
VOYA	F	-0.98%
SFBS	B	-0.97%
SBCF	C	-0.86%
BANR	C	-0.79%
FRME	C	-0.78%
SFNC	C	-0.75%
FFBC	C	-0.7%
TRMK	C	-0.67%
HTH	C	-0.62%
RNST	C	-0.58%
LKFN	C	-0.52%
WSBC	C	-0.47%