EMLP vs. NSCS ETF Comparison

Comparison of First Trust North American Energy Infrastructure Fund (EMLP) to Nuveen Small Cap Select ETF (NSCS)

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

$35.64

Average Daily Volume

160,698

Number of Holdings ^*

* may have additional holdings in another (foreign) market

NSCS

Nuveen Small Cap Select ETF

NSCS Description

The investment seeks capital appreciation. Under normal market conditions, the fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in exchange-traded common stocks of small-capitalization companies. It may invest up to 15% of its total assets in non-dollar denominated equity securities of non-U.S. issuers listed on a foreign exchange that trade on such exchange contemporaneously with the shares of the fund. Up to 15% of the fund's total assets may be invested in equity securities of emerging market issuers.

Grade (RS Rating)

Last Trade

$29.74

Average Daily Volume

157

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EMLP	NSCS
30 Days	4.27%	5.42%
60 Days	7.97%	10.00%
90 Days	10.97%	10.99%
12 Months	35.42%	33.99%

1 Overlapping Holdings

	Symbol	Grade	Weight in EMLP	Weight in NSCS	Overlap
	FLR	C	1.31%	1.74%	1.31%

EMLP Overweight 49 Positions Relative to NSCS

Symbol	Grade	Weight
EPD	A	8.47%
ET	A	7.15%
OKE	A	5.56%
KMI	B	5.06%
PAGP	C	4.78%
DTM	A	4.66%
SRE	B	4.16%
MPLX	A	3.91%
TRGP	B	3.73%
NFG	D	2.79%
PEG	C	2.54%
WMB	B	2.45%
PPL	A	2.4%
PWR	B	2.27%
AEP	D	2.14%
ATO	B	1.61%
LNG	B	1.56%
LNT	C	1.48%
AES	F	1.36%
ETR	B	1.3%
VST	B	1.29%
SUN	F	1.24%
EVRG	A	1.15%
WEC	B	1.14%
XEL	A	1.13%
CQP	B	1.02%
DTE	D	1.01%
OGS	B	1.0%
CMS	D	0.97%
WLKP	A	0.79%
DUK	D	0.7%
NEP	F	0.68%
CNP	B	0.63%
HESM	C	0.63%
WTRG	C	0.6%
AROC	B	0.56%
CWEN	D	0.52%
IDA	A	0.51%
D	D	0.5%
SO	D	0.46%
NJR	A	0.44%
CEG	D	0.29%
AEE	B	0.27%
CPK	A	0.24%
USAC	B	0.12%
EXC	C	0.1%
UGI	D	0.08%
AWK	D	0.05%
ENLC	A	0.0%

EMLP Underweight 74 Positions Relative to NSCS

Symbol	Grade	Weight
WTFC	B	-2.42%
EVR	B	-2.31%
PIPR	B	-2.13%
SSB	B	-1.89%
NOG	B	-1.87%
BANR	B	-1.83%
HQY	B	-1.73%
AIT	A	-1.72%
QTWO	B	-1.66%
ESE	B	-1.65%
SHAK	C	-1.62%
SUM	B	-1.61%
PRMW	C	-1.6%
MGNI	A	-1.6%
MMSI	B	-1.54%
CMC	B	-1.51%
WK	B	-1.51%
FIBK	B	-1.46%
EHC	B	-1.46%
GDYN	C	-1.45%
ACA	B	-1.44%
AVAV	C	-1.43%
ITRI	B	-1.42%
AVNT	B	-1.41%
NPO	B	-1.41%
KTOS	B	-1.39%
BYD	A	-1.38%
LITE	B	-1.36%
MMS	F	-1.35%
HOMB	A	-1.34%
RBRK	B	-1.33%
SHOO	D	-1.32%
TPH	C	-1.3%
TROX	F	-1.28%
STAG	D	-1.27%
SIG	B	-1.26%
MTDR	B	-1.25%
EGP	D	-1.25%
BKH	A	-1.25%
PFBC	B	-1.23%
EVRI	A	-1.23%
RDNT	B	-1.17%
GKOS	B	-1.15%
ARCB	C	-1.14%
ICHR	C	-1.08%
BRBR	A	-1.07%
KEX	A	-1.03%
ONTO	F	-0.97%
PAR	B	-0.92%
LADR	B	-0.92%
SLAB	F	-0.92%
ZD	B	-0.9%
ESTA	D	-0.89%
PRI	B	-0.88%
CVLT	B	-0.87%
VBTX	B	-0.84%
SR	C	-0.81%
FROG	C	-0.81%
HALO	C	-0.78%
SIBN	D	-0.77%
CRNX	B	-0.75%
KRYS	C	-0.68%
INN	D	-0.67%
ACHC	F	-0.65%
INSM	C	-0.65%
VTLE	C	-0.62%
PCVX	D	-0.57%
MDGL	C	-0.55%
OPCH	F	-0.55%
TTMI	B	-0.54%
TCMD	B	-0.47%
IMVT	D	-0.45%
ATEC	C	-0.35%
BPMC	C	-0.34%