FCFY vs. SMRI ETF Comparison

Comparison of First Trust S&P 500 Diversified Free Cash Flow ETF (FCFY) to Bushido Capital US Equity ETF (SMRI)

FCFY

First Trust S&P 500 Diversified Free Cash Flow ETF

FCFY Description

Under normal conditions, the fund will invest at least 80% of its net assets in the securities that comprise the index. The index measures the performance of companies within the S&P 500® Index that have the highest relative FCF Yield within each GICS® sector represented in the S&P 500® Index. It is non-diversified.

Grade (RS Rating)

Last Trade

$24.66

Average Daily Volume

282

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

SMRI

Bushido Capital US Equity ETF

SMRI Description

The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of the fund"s net assets (plus the amount of any borrowings for investment purposes) in U.S. listed common stock.

Grade (RS Rating)

Last Trade

$33.40

Average Daily Volume

2,362

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FCFY	SMRI
30 Days	0.53%	6.36%
60 Days	1.53%	8.11%
90 Days	4.64%	11.11%
12 Months	23.88%	31.86%

26 Overlapping Holdings

Symbol	Grade	Weight in FCFY	Weight in SMRI	Overlap
ABNB	C	0.85%	1.91%	0.85%
BG	D	0.63%	1.68%	0.63%
BWA	D	0.76%	1.89%	0.76%
CAH	B	1.66%	2.04%	1.66%
CI	D	0.84%	1.71%	0.84%
CNC	F	0.65%	1.46%	0.65%
COR	B	1.25%	2.0%	1.25%
DVN	F	0.59%	1.78%	0.59%
EG	C	0.76%	1.97%	0.76%
EPAM	C	2.39%	2.28%	2.28%
EXPE	B	1.77%	2.33%	1.77%
FFIV	A	2.08%	2.03%	2.03%
GEN	B	3.1%	2.07%	2.07%
HPE	B	2.76%	2.1%	2.1%
JBL	C	2.37%	2.11%	2.11%
LEN	D	1.3%	1.71%	1.3%
MCK	A	0.78%	2.34%	0.78%
MPC	C	0.66%	1.79%	0.66%
NRG	B	1.48%	1.93%	1.48%
NTAP	C	1.81%	1.79%	1.79%
NUE	D	0.62%	1.81%	0.62%
PCAR	C	0.6%	2.16%	0.6%
QCOM	F	2.18%	1.81%	1.81%
SNA	B	1.01%	2.33%	1.01%
VLO	C	0.85%	1.94%	0.85%
VST	A	0.47%	2.32%	0.47%

FCFY Overweight 75 Positions Relative to SMRI

Symbol	Grade	Weight
WBD	B	3.78%
SWKS	F	2.98%
HPQ	B	2.87%
SYF	B	2.37%
T	A	1.8%
MTCH	F	1.7%
CSCO	B	1.66%
COF	B	1.65%
IPG	D	1.64%
QRVO	F	1.57%
IBM	C	1.49%
TPR	B	1.46%
AKAM	F	1.39%
BMY	B	1.23%
DFS	B	1.18%
SOLV	F	1.11%
RL	C	1.05%
FIS	C	1.01%
VTRS	A	0.94%
NTRS	A	0.93%
MO	A	0.91%
TAP	C	0.9%
MET	A	0.87%
ADM	D	0.85%
WFC	A	0.83%
GILD	B	0.82%
PRU	B	0.79%
IVZ	B	0.77%
HAS	D	0.72%
HOLX	D	0.71%
CFG	B	0.71%
BBY	D	0.71%
TFC	B	0.71%
MHK	D	0.67%
LDOS	C	0.66%
JNJ	D	0.64%
TGT	F	0.64%
CAG	D	0.63%
DVA	C	0.61%
BLDR	F	0.6%
APTV	F	0.59%
MRO	A	0.58%
MMM	D	0.58%
HBAN	B	0.57%
GNRC	B	0.56%
BIIB	F	0.55%
J	D	0.54%
BEN	C	0.52%
KMB	C	0.52%
WAB	B	0.5%
MAS	D	0.5%
AME	A	0.49%
GIS	D	0.48%
CAT	C	0.47%
HAL	C	0.46%
TXT	D	0.45%
LMT	D	0.45%
FTV	C	0.45%
ACGL	D	0.44%
EXPD	D	0.43%
SPG	A	0.39%
SWK	F	0.39%
LYB	F	0.38%
SW	A	0.37%
BXP	D	0.37%
NEE	C	0.37%
HST	D	0.35%
ARE	F	0.35%
STLD	B	0.31%
VICI	C	0.31%
WEC	A	0.27%
PPG	F	0.26%
O	D	0.25%
DOC	D	0.25%
CE	F	0.17%

FCFY Underweight 24 Positions Relative to SMRI

Symbol	Grade	Weight
APP	B	-4.07%
DAL	A	-2.56%
DOCU	B	-2.55%
BKNG	A	-2.22%
ZM	B	-2.2%
EME	A	-2.14%
OC	A	-2.07%
CVX	A	-2.04%
PYPL	B	-2.03%
PAYX	B	-2.03%
UTHR	C	-2.0%
EOG	A	-1.97%
XOM	A	-1.91%
SLB	C	-1.87%
FANG	C	-1.84%
LKQ	F	-1.79%
NVR	D	-1.76%
BLD	F	-1.68%
AMGN	D	-1.68%
PHM	D	-1.68%
MOH	F	-1.64%
WSM	C	-1.59%
MRK	F	-1.58%
ELV	F	-1.43%