DVOL vs. RPV ETF Comparison

Comparison of First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) to Guggenheim S&P 500 Pure Value ETF (RPV)

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

$36.26

Average Daily Volume

3,466

Number of Holdings ^*

* may have additional holdings in another (foreign) market

RPV

Guggenheim S&P 500 Pure Value ETF

RPV Description

The investment seeks to replicate as closely as possible, before fees and expenses, the performance of the S&P 500 Pure Value Index Total Return. The fund will invest at least 90% of its net assets, plus any borrowings for investment purposes, in the equity securities included in the underlying index. The underlying index is narrow in focus, containing only those S&P 500 companies with strong value characteristics as selected by S&P. It may hold up to 10% of its assets in securities not included in the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$95.96

Average Daily Volume

141,979

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DVOL	RPV
30 Days	5.98%	7.28%
60 Days	9.31%	8.82%
90 Days	12.19%	9.23%
12 Months	36.44%	31.28%

5 Overlapping Holdings

Symbol	Grade	Weight in DVOL	Weight in RPV	Overlap
AIG	B	1.4%	0.92%	0.92%
ALL	A	1.26%	0.57%	0.57%
CAH	B	1.31%	1.24%	1.24%
KMI	A	3.04%	0.63%	0.63%
TRV	B	1.23%	0.55%	0.55%

DVOL Overweight 45 Positions Relative to RPV

Symbol	Grade	Weight
TMUS	B	3.36%
RSG	A	3.14%
V	A	3.05%
DTM	B	2.98%
FI	A	2.92%
MMC	B	2.88%
WMB	A	2.83%
MSI	B	2.8%
MA	C	2.8%
INGR	B	2.75%
CACI	D	2.75%
TJX	A	2.68%
LIN	D	2.68%
CTAS	B	2.64%
WELL	A	2.64%
CB	C	2.52%
NOC	D	2.49%
WMT	A	2.4%
RTX	C	2.34%
HLT	A	2.31%
OKE	A	2.3%
AMP	A	2.23%
BRO	B	2.22%
PKG	A	2.07%
JPM	A	1.96%
AM	A	1.77%
MSFT	F	1.7%
COST	B	1.68%
CW	B	1.65%
EHC	B	1.64%
AFL	B	1.52%
GWW	B	1.49%
WAB	B	1.44%
HEI	B	1.37%
ENSG	D	1.26%
PTC	A	1.22%
HLI	B	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 88 Positions Relative to RPV

Symbol	Grade	Weight
GM	B	-4.89%
UAL	A	-4.0%
BRK.A	B	-3.71%
MHK	D	-2.32%
VTRS	A	-2.29%
F	C	-2.25%
TSN	B	-2.22%
C	A	-2.17%
CFG	B	-2.12%
KR	B	-1.89%
PARA	C	-1.84%
IVZ	B	-1.82%
VLO	C	-1.75%
KMX	B	-1.51%
COF	B	-1.5%
BG	F	-1.5%
MCK	B	-1.5%
SYF	B	-1.48%
IP	B	-1.47%
SW	A	-1.46%
CVS	D	-1.45%
WBD	C	-1.45%
HPE	B	-1.42%
PSX	C	-1.39%
NRG	B	-1.39%
TFC	A	-1.36%
COR	B	-1.35%
MTB	A	-1.31%
CNC	D	-1.3%
CI	F	-1.26%
BWA	D	-1.21%
BBY	D	-1.18%
WFC	A	-1.15%
UHS	D	-1.12%
BAC	A	-1.1%
LUV	C	-1.07%
BK	A	-1.05%
PRU	A	-1.04%
L	A	-1.02%
HBAN	A	-0.99%
RF	A	-0.95%
KEY	B	-0.93%
STT	A	-0.89%
T	A	-0.88%
GS	A	-0.86%
ADM	D	-0.84%
TAP	C	-0.82%
WBA	F	-0.8%
KHC	F	-0.79%
MOS	F	-0.77%
HIG	B	-0.74%
FITB	A	-0.69%
MET	A	-0.69%
PNC	B	-0.69%
AIZ	A	-0.66%
IFF	D	-0.64%
CINF	A	-0.61%
FOXA	B	-0.61%
EQT	B	-0.6%
BEN	C	-0.6%
EVRG	A	-0.58%
USB	A	-0.56%
VZ	C	-0.55%
CHRW	C	-0.55%
PNW	B	-0.55%
TGT	F	-0.53%
SWK	D	-0.52%
FDX	B	-0.52%
CTVA	C	-0.51%
EMN	D	-0.51%
HPQ	A	-0.5%
PFG	D	-0.49%
EG	C	-0.49%
SYY	B	-0.48%
CAG	D	-0.48%
ES	D	-0.47%
CVX	A	-0.46%
DOW	F	-0.45%
HSIC	B	-0.43%
NWSA	B	-0.42%
ARE	D	-0.42%
LYB	F	-0.41%
ELV	F	-0.41%
ALB	C	-0.38%
LKQ	D	-0.37%
FOX	A	-0.31%
HUM	C	-0.26%
NWS	A	-0.14%