EMLP vs. BLES ETF Comparison

Comparison of First Trust North American Energy Infrastructure Fund (EMLP) to Inspire Global Hope Large Cap ETF (BLES)

EMLP

First Trust North American Energy Infrastructure Fund

EMLP Description

The investment seeks total return. The fund invests at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in equity securities of companies deemed by the sub-advisor to be engaged in the energy infrastructure sector. These companies principally include publicly-traded master limited partnerships and limited liability companies taxed as partnerships ("MLPs"), MLP affiliates, Canadian income trusts and their successor companies, pipeline companies, utilities, and other companies. It is non-diversified.

Grade (RS Rating)

Last Trade

$33.44

Average Daily Volume

165,756

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BLES

Inspire Global Hope Large Cap ETF

BLES Description

Inspire Global Hope Large Cap ETF is designed to create meaningful impact by investing in some of the most inspiring companies from around the globe, while also seeking to provide investors with a low cost, high impact investment that meets the stringent demands of modern investors. All Inspire ETF%u2019s meet biblically responsible investing (BRI) standards, which measure a portfolio%u2019s alignment with biblical values.

Grade (RS Rating)

Last Trade

$39.25

Average Daily Volume

7,900

Number of Holdings ^*

206

* may have additional holdings in another (foreign) market

Performance

Period	EMLP	BLES
30 Days	3.27%	3.10%
60 Days	6.13%	4.94%
90 Days	10.22%	7.66%
12 Months	23.41%	22.10%

11 Overlapping Holdings

Symbol	Grade	Weight in EMLP	Weight in BLES	Overlap
ATO	B	1.76%	0.28%	0.28%
AWK	B	0.06%	0.27%	0.06%
CEG	C	0.24%	0.23%	0.23%
CMS	C	1.28%	0.28%	0.28%
CNP	C	0.63%	0.22%	0.22%
ETR	B	1.36%	0.28%	0.28%
EVRG	B	1.2%	0.27%	0.27%
KMI	B	4.48%	0.25%	0.25%
OKE	B	5.16%	0.27%	0.27%
TRGP	B	3.11%	0.27%	0.27%
WEC	C	1.39%	0.29%	0.29%

EMLP Overweight 39 Positions Relative to BLES

Symbol	Grade	Weight
EPD	B	8.43%
ET	B	6.83%
PAGP	C	4.66%
SRE	C	4.05%
DTM	B	3.97%
MPLX	B	3.84%
NFG	B	2.99%
PEG	B	2.69%
PPL	C	2.54%
AEP	C	2.44%
WMB	B	2.18%
PWR	B	2.13%
SO	B	1.92%
LNT	B	1.73%
LNG	C	1.46%
XEL	B	1.26%
SUN	D	1.17%
DTE	C	1.15%
OGS	B	1.1%
AES	C	1.1%
FLR	D	1.07%
CQP	F	0.87%
VST	C	0.86%
WLKP	D	0.83%
DUK	C	0.78%
NEP	D	0.76%
HESM	D	0.69%
WTRG	D	0.63%
D	C	0.54%
CWEN	C	0.53%
AROC	D	0.51%
IDA	C	0.5%
NJR	B	0.47%
AEE	C	0.28%
CPK	B	0.25%
USAC	D	0.12%
EXC	C	0.11%
UGI	C	0.08%
ENLC	B	0.0%

EMLP Underweight 195 Positions Relative to BLES

Symbol	Grade	Weight
ERIE	B	-0.34%
DHI	B	-0.33%
UWMC	D	-0.32%
RMD	C	-0.31%
WAL	B	-0.31%
BXP	B	-0.31%
BLDR	C	-0.31%
FICO	B	-0.3%
WELL	C	-0.3%
PSA	B	-0.3%
EFX	B	-0.3%
PHM	B	-0.3%
VTR	C	-0.3%
NEM	B	-0.3%
REG	C	-0.29%
NVR	B	-0.29%
PGR	B	-0.29%
CBOE	C	-0.29%
SFM	B	-0.29%
FTNT	C	-0.29%
LEN	B	-0.29%
SUI	B	-0.29%
WPC	C	-0.28%
CIEN	C	-0.28%
MSCI	C	-0.28%
TYL	C	-0.28%
ESS	B	-0.28%
PLD	C	-0.28%
DOC	C	-0.28%
PH	B	-0.28%
CTAS	B	-0.28%
ELS	C	-0.28%
ICE	C	-0.28%
MAA	B	-0.28%
VEEV	C	-0.28%
MKC	C	-0.28%
BAX	C	-0.28%
BIO	C	-0.28%
CHKP	B	-0.28%
MOH	D	-0.28%
SSNC	B	-0.28%
STE	C	-0.27%
RPM	B	-0.27%
IQV	C	-0.27%
URI	B	-0.27%
CPB	C	-0.27%
IP	B	-0.27%
CAG	C	-0.27%
PAYX	C	-0.27%
EQR	B	-0.27%
RRX	C	-0.27%
BRO	C	-0.27%
CPAY	B	-0.27%
PODD	B	-0.27%
WY	C	-0.27%
OGE	C	-0.27%
UDR	C	-0.27%
PKG	B	-0.27%
CINF	B	-0.27%
EVR	A	-0.27%
EXR	B	-0.27%
POOL	C	-0.27%
CPT	B	-0.27%
SNA	C	-0.26%
EPAM	F	-0.26%
EME	B	-0.26%
ODFL	D	-0.26%
HOLX	B	-0.26%
KEYS	C	-0.26%
SPG	B	-0.26%
FCNCA	D	-0.26%
NDSN	C	-0.26%
RF	B	-0.26%
DOX	C	-0.26%
ISRG	B	-0.26%
ENPH	D	-0.26%
MPWR	C	-0.26%
FAST	C	-0.26%
WRB	C	-0.26%
LBRDA	F	-0.26%
WSO	C	-0.25%
INVH	C	-0.25%
CAT	B	-0.25%
NTNX	C	-0.25%
IBKR	B	-0.25%
DLR	B	-0.25%
L	C	-0.25%
INCY	C	-0.25%
ON	D	-0.25%
JBHT	D	-0.25%
GGG	C	-0.25%
AVGO	C	-0.25%
RPRX	C	-0.25%
RSG	D	-0.25%
AIT	A	-0.25%
AZO	D	-0.25%
JKHY	B	-0.25%
CSGP	D	-0.25%
ORLY	C	-0.25%
GRMN	D	-0.25%
MRVL	C	-0.25%
MANH	B	-0.25%
AEI	D	-0.25%
CF	C	-0.25%
ARE	C	-0.25%
VRSK	D	-0.24%
GPC	D	-0.24%
BWA	D	-0.24%
CSX	D	-0.24%
AME	C	-0.24%
CNI	D	-0.24%
ALGN	D	-0.24%
CSL	B	-0.24%
WCC	D	-0.24%
FSLR	C	-0.24%
MNST	D	-0.24%
AGR	B	-0.24%
TRMB	C	-0.24%
E	C	-0.24%
CNH	D	-0.24%
IBN	B	-0.24%
IDXX	C	-0.24%
ELV	C	-0.24%
PANW	D	-0.24%
DOV	B	-0.24%
ANET	B	-0.24%
RL	C	-0.24%
ROL	C	-0.24%
EOG	D	-0.23%
VMC	D	-0.23%
ICLR	D	-0.23%
WLK	D	-0.23%
DECK	C	-0.23%
SWKS	D	-0.23%
DAR	F	-0.23%
MLM	D	-0.23%
RS	D	-0.23%
EXPD	C	-0.23%
HST	C	-0.23%
LYB	D	-0.23%
JBL	D	-0.23%
ROP	C	-0.23%
WM	D	-0.23%
AOS	D	-0.23%
MTD	D	-0.23%
MKL	C	-0.23%
ANSS	D	-0.23%
WST	D	-0.22%
KLAC	D	-0.22%
NTAP	D	-0.22%
MRO	C	-0.22%
CPRT	D	-0.22%
SCCO	D	-0.22%
BG	D	-0.22%
ALB	D	-0.22%
PCAR	D	-0.22%
EMR	D	-0.22%
APH	D	-0.22%
NET	D	-0.22%
VLO	F	-0.21%
GNTX	F	-0.21%
NXPI	F	-0.21%
STLD	F	-0.21%
FCX	D	-0.21%
NBIX	F	-0.21%
TER	D	-0.21%
CHK	D	-0.21%
TTC	D	-0.21%
PVH	F	-0.21%
NUE	F	-0.21%
HAL	F	-0.2%
OVV	F	-0.2%
DVN	F	-0.2%
HUBS	D	-0.2%
SNOW	F	-0.2%
QCOM	D	-0.2%
DDOG	D	-0.2%
SLB	F	-0.2%
WDC	D	-0.2%
MCHP	F	-0.2%
CTRA	D	-0.2%
FANG	D	-0.2%
OKTA	F	-0.19%
OXY	F	-0.19%
SNPS	D	-0.19%
ENTG	F	-0.19%
APA	F	-0.19%
COIN	F	-0.18%
LW	D	-0.18%
LSCC	D	-0.18%
GFS	F	-0.18%
DLTR	F	-0.16%
CFLT	F	-0.16%
DG	F	-0.15%
SMCI	F	-0.13%