FAAR vs. MDIV ETF Comparison

Comparison of First Trust Alternative Absolute Return Strategy ETF (FAAR) to First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV)

FAAR

First Trust Alternative Absolute Return Strategy ETF

FAAR Description

The First Trust Alternative Absolute Return Strategy ETF seeks to achieve long-term total return using a long/short commodities strategy. The fund intends to invest primarily in exchange-listed commodity futures contracts through a wholly-owned subsidiary.

Grade (RS Rating)

Last Trade

$28.09

Average Daily Volume

28,663

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MDIV

First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund

MDIV 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 NASDAQ Multi-Asset Diversified Income Index. The index is designed to provide access to a diversified portfolio of small, mid and large capitalization income producing securities, which are composed of domestic and international dividend-paying stocks, REITs, oil and gas or basic materials MLPs, U.S.-listed preferred securities and an index-based ETF that invests in high yield or "junk" bonds.

Grade (RS Rating)

Last Trade

$16.70

Average Daily Volume

79,080

Number of Holdings ^*

102

* may have additional holdings in another (foreign) market

Performance

Period	FAAR	MDIV
30 Days	-1.48%	3.08%
60 Days	-1.86%	4.01%
90 Days	-1.75%	7.67%
12 Months	-1.98%	19.27%

0 Overlapping Holdings

	Symbol	Grade	Weight in FAAR	Weight in MDIV	Overlap

FAAR Overweight 1 Positions Relative to MDIV

	Symbol	Grade	Weight
	FCRX	A	21.59%

FAAR Underweight 102 Positions Relative to MDIV

Symbol	Grade	Weight
HYLS	A	-19.81%
PMT	C	-1.41%
RC	F	-1.41%
DKL	C	-1.36%
ARLP	D	-1.25%
EPR	B	-1.14%
KRP	C	-1.12%
BSM	D	-1.1%
LADR	B	-1.1%
AGNCN	B	-1.04%
CAPL	C	-1.0%
IIPR	B	-0.99%
CQP	F	-0.98%
DMLP	D	-0.97%
IEP	F	-0.96%
USAC	D	-0.96%
GLPI	C	-0.95%
MPLX	B	-0.9%
LTC	C	-0.9%
GTY	B	-0.9%
AAT	B	-0.9%
NHI	C	-0.87%
ET	B	-0.86%
MO	C	-0.85%
FCPT	C	-0.85%
WES	D	-0.84%
VICI	C	-0.8%
APLE	D	-0.8%
EPD	B	-0.79%
NNN	C	-0.77%
SUN	D	-0.76%
ALEX	B	-0.75%
CUBE	B	-0.75%
PSA	B	-0.73%
PAA	C	-0.73%
CHSCO	A	-0.72%
CHSCL	A	-0.71%
FITBI	B	-0.71%
NRP	C	-0.71%
PAGP	C	-0.7%
SPG	B	-0.7%
BRX	B	-0.7%
RZC	B	-0.67%
CTRE	C	-0.66%
CHSCN	B	-0.66%
REG	C	-0.65%
GLP	C	-0.65%
CHSCM	B	-0.65%
MAA	B	-0.65%
T	C	-0.65%
GEL	D	-0.62%
VZ	B	-0.6%
UVV	D	-0.56%
WU	F	-0.54%
BMY	C	-0.53%
EXR	B	-0.53%
ENLC	B	-0.52%
GILD	B	-0.5%
BBY	C	-0.49%
NWE	B	-0.46%
EVRG	B	-0.45%
PNW	C	-0.45%
ES	C	-0.44%
K	B	-0.44%
AVA	C	-0.44%
SR	B	-0.43%
IBM	B	-0.43%
DTM	B	-0.43%
CAG	C	-0.41%
BKH	B	-0.41%
LYB	D	-0.4%
ETR	B	-0.39%
VTRS	D	-0.39%
AEP	C	-0.39%
FAF	B	-0.39%
FE	C	-0.39%
DUK	C	-0.39%
POR	C	-0.39%
OGS	B	-0.39%
EIX	C	-0.39%
ABBV	C	-0.38%
XEL	B	-0.38%
WEC	C	-0.38%
PNM	B	-0.37%
FNF	B	-0.37%
PRU	C	-0.37%
SO	B	-0.36%
NI	B	-0.36%
LNT	B	-0.36%
KHC	C	-0.35%
EXC	C	-0.35%
NJR	B	-0.34%
CHRD	F	-0.34%
STT	A	-0.34%
FANG	D	-0.33%
TROW	D	-0.33%
NFG	B	-0.32%
MS	D	-0.31%
CVS	D	-0.3%
HPQ	D	-0.29%
CVX	D	-0.28%
NMM	B	-0.06%

FAAR: Top Represented Industries & Keywords

Industries:

Keywords: Business Development Company Golub Capital H.I.G. Capital Private Equity Venture Capital