EMLP vs. JDIV ETF Comparison

Comparison of First Trust North American Energy Infrastructure Fund (EMLP) to JPMorgan Dividend Leaders ETF (JDIV)

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

$37.78

Average Daily Volume

162,141

Number of Holdings ^*

* may have additional holdings in another (foreign) market

JDIV

JPMorgan Dividend Leaders ETF

JDIV Description

JDIV seeks long-term capital growth and current income through investments in dividend-paying companies and equity-related instruments. Companies selected have been identified as attractively valued and considered dividend leaders. These companies are known to have dividend growth potential and/or can maintain high dividend payouts over time. Individual stock selection begins by assessing securities globally, to identify those with attractive opportunities for underlying earnings growth, resilient business models, strong free cash flow generation, and strong capital allocation. ESG factors are also considered. The portfolio will typically consist of 40 to 90 securities, denominated in US and foreign currencies. The fund is actively managed and may invest in securities of any capitalization but will focus on large-caps. Derivatives may also be utilized to better achieve its investment goals.

Grade (RS Rating)

Last Trade

$47.39

Average Daily Volume

1,143

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EMLP	JDIV
30 Days	9.99%	-1.91%
60 Days	12.10%
90 Days	16.42%
12 Months	42.23%

4 Overlapping Holdings

Symbol	Grade	Weight in EMLP	Weight in JDIV	Overlap
CMS	C	0.97%	0.44%	0.44%
D	C	0.76%	0.67%	0.67%
NEE	D	0.46%	1.8%	0.46%
SO	D	0.45%	1.84%	0.45%

EMLP Overweight 47 Positions Relative to JDIV

Symbol	Grade	Weight
EPD	A	8.77%
ET	A	7.17%
OKE	A	5.41%
KMI	A	4.87%
DTM	B	4.56%
PAGP	A	4.53%
SRE	A	4.15%
MPLX	A	3.98%
TRGP	B	3.47%
NFG	A	2.89%
WMB	A	2.46%
PPL	B	2.43%
PEG	A	2.29%
AEP	D	2.27%
PWR	A	2.24%
ATO	A	1.61%
LNG	B	1.6%
AES	F	1.46%
LNT	A	1.43%
VST	B	1.34%
ETR	B	1.28%
SUN	B	1.24%
DTE	C	1.22%
XEL	A	1.15%
FLR	B	1.14%
CQP	B	1.05%
OGS	A	1.02%
WEC	A	1.01%
EVRG	A	0.82%
CNP	B	0.81%
WLKP	A	0.76%
DUK	C	0.69%
HESM	B	0.62%
NEP	F	0.58%
AROC	B	0.57%
IDA	A	0.52%
CWEN	C	0.52%
WTRG	B	0.51%
NJR	A	0.44%
AEE	A	0.28%
CEG	D	0.26%
CPK	A	0.24%
USAC	B	0.11%
EXC	C	0.09%
UGI	A	0.08%
AWK	D	0.05%
ENLC	A	0.0%

EMLP Underweight 36 Positions Relative to JDIV

Symbol	Grade	Weight
MSFT	F	-5.94%
META	D	-3.06%
FIS	C	-2.53%
UNH	C	-2.43%
OTIS	C	-2.4%
MCD	D	-2.2%
MS	A	-2.12%
ACN	C	-2.06%
ABT	B	-1.94%
YUM	B	-1.91%
BAC	A	-1.81%
JNJ	D	-1.78%
AVGO	D	-1.76%
CME	A	-1.71%
ABBV	D	-1.65%
MA	C	-1.42%
XOM	B	-1.41%
HON	B	-1.35%
WELL	A	-1.31%
CVX	A	-1.3%
LIN	D	-1.28%
LOW	D	-1.28%
ROST	C	-1.26%
MCHP	D	-1.17%
BKR	B	-1.13%
TSM	B	-1.13%
CRM	B	-1.13%
KO	D	-1.1%
WFC	A	-1.06%
TFC	A	-1.05%
ADI	D	-0.96%
STX	D	-0.81%
BMY	B	-0.76%
DOW	F	-0.75%
MRK	F	-0.74%
PLD	D	-0.73%