DVOL vs. ACSI ETF Comparison

Comparison of First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) to American Customer Satisfaction Core Alpha ETF (ACSI)
DVOL

First Trust Dorsey Wright Momentum & Low Volatility ETF

DVOL 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 Low Volatility 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 stocks comprising the NASDAQ US Large Mid Index that exhibit the lowest levels of volatility while still maintaining high levels of "relative strength." The fund is non-diversified.

Grade (RS Rating)

Last Trade

$36.01

Average Daily Volume

3,871

Number of Holdings *

50

* may have additional holdings in another (foreign) market
ACSI

American Customer Satisfaction Core Alpha ETF

ACSI Description American Customer Satisfaction Core Alpha ETF (the %u201CFund%u201D) seeks to track the performance, before fees and expenses, of the American Customer Satisfaction Investable Index (the %u201CIndex%u201D).

Grade (RS Rating)

Last Trade

$61.05

Average Daily Volume

156

Number of Holdings *

33

* may have additional holdings in another (foreign) market
Performance
Period DVOL ACSI
30 Days 5.31% 4.13%
60 Days 9.13% 6.22%
90 Days 11.43% 7.54%
12 Months 35.52% 29.43%
6 Overlapping Holdings
Symbol Grade Weight in DVOL Weight in ACSI Overlap
COST A 1.68% 5.69% 1.68%
HLT A 2.31% 2.36% 2.31%
JPM A 1.96% 4.84% 1.96%
MSFT D 1.7% 4.83% 1.7%
MSI B 2.8% 2.48% 2.48%
TMUS B 3.36% 3.1% 3.1%
DVOL Overweight 44 Positions Relative to ACSI
Symbol Grade Weight
RSG A 3.14%
V A 3.05%
KMI A 3.04%
DTM A 2.98%
FI A 2.92%
MMC B 2.88%
WMB A 2.83%
MA B 2.8%
INGR C 2.75%
CACI D 2.75%
TJX A 2.68%
LIN C 2.68%
CTAS B 2.64%
WELL A 2.64%
CB C 2.52%
NOC D 2.49%
WMT A 2.4%
RTX D 2.34%
OKE A 2.3%
AMP A 2.23%
BRO B 2.22%
PKG A 2.07%
AM A 1.77%
CW C 1.65%
EHC B 1.64%
AFL B 1.52%
GWW B 1.49%
WAB B 1.44%
AIG B 1.4%
HEI A 1.37%
CAH B 1.31%
ALL A 1.26%
ENSG C 1.26%
TRV B 1.23%
PTC B 1.22%
HLI A 1.21%
PGR A 1.09%
SF B 1.07%
BRX A 1.04%
RGA A 1.01%
TW A 0.98%
WRB A 0.96%
MTG C 0.95%
TDG D 0.88%
DVOL Underweight 27 Positions Relative to ACSI
Symbol Grade Weight
AAPL C -6.84%
AMZN C -5.34%
GOOG C -4.95%
META D -4.56%
HUM C -3.36%
PRU A -3.24%
KO D -3.23%
NFLX A -3.16%
UNH B -2.86%
ALK B -2.82%
T A -2.76%
TSLA B -2.75%
SCHW B -2.62%
MS A -2.6%
FDX B -2.54%
VZ C -2.52%
TXRH B -2.46%
ORLY B -2.34%
YUM D -2.21%
TSCO D -2.07%
SKX D -1.98%
LEVI F -1.87%
CLX A -1.86%
AEO F -1.81%
ATO A -1.25%
BRK.A B -1.22%
DUK C -1.17%
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