FCTR vs. NACP ETF Comparison

Comparison of First Trust Lunt U.S. Factor Rotation ETF (FCTR) to Impact Shares NAACP Minority Empowerment ETF (NACP)

FCTR

First Trust Lunt U.S. Factor Rotation ETF

FCTR Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Lunt Capital Large Cap Factor Rotation Index (the "index"). The fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the index. The index is designed to provide exposure to U.S. large cap equities grouped into four separate factors, with factors emphasized within the index as they come into favor in the U.S. marketplace. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.76

Average Daily Volume

7,787

Number of Holdings ^*

166

* may have additional holdings in another (foreign) market

NACP

Impact Shares NAACP Minority Empowerment ETF

NACP Description

The investment seeks investment results that, before fees and expenses, track the performance of the Morningstar Minority Empowerment Index (the underlying index). The fund will, under normal circumstances, invest at least 80% of its total assets, plus borrowings for investment purposes (the "80% basket") in component securities of the underlying index ("Component Securities"). The underlying index is designed to measure the performance of large and mid- capitalization companies that are "empowering to minorities," and to exhibit risk and return characteristics similar to those of the Morningstar US Large-Mid Cap ® Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$42.72

Average Daily Volume

3,518

Number of Holdings ^*

197

* may have additional holdings in another (foreign) market

Performance

Period	FCTR	NACP
30 Days	9.38%	2.08%
60 Days	12.16%	4.48%
90 Days	17.79%	6.57%
12 Months	36.88%	32.92%

50 Overlapping Holdings

Symbol	Grade	Weight in FCTR	Weight in NACP	Overlap
AAPL	C	0.66%	5.03%	0.66%
ADP	B	1.1%	0.4%	0.4%
AEP	D	0.41%	0.19%	0.19%
AME	A	0.22%	0.13%	0.13%
AVB	B	0.43%	0.11%	0.11%
BDX	F	0.39%	0.23%	0.23%
BSX	B	0.47%	0.41%	0.41%
CMS	C	0.46%	0.07%	0.07%
DTE	C	0.4%	0.08%	0.08%
DUK	C	0.49%	0.32%	0.32%
ED	D	0.43%	0.12%	0.12%
EIX	B	0.43%	0.11%	0.11%
ETN	A	0.3%	0.44%	0.3%
ETR	B	0.5%	0.08%	0.08%
EXC	C	0.4%	0.15%	0.15%
FE	C	0.5%	0.08%	0.08%
HON	B	0.24%	0.46%	0.24%
HSY	F	0.19%	0.1%	0.1%
HWM	A	0.79%	0.14%	0.14%
ITW	B	0.84%	0.27%	0.27%
KO	D	0.52%	0.99%	0.52%
LECO	B	0.17%	0.04%	0.04%
LII	A	0.37%	0.07%	0.07%
LNG	B	0.52%	0.16%	0.16%
LNT	A	0.49%	0.05%	0.05%
MA	C	1.36%	1.4%	1.36%
MCO	B	0.39%	0.26%	0.26%
MDLZ	F	0.19%	0.36%	0.19%
MDT	D	0.39%	0.42%	0.39%
META	D	0.45%	3.63%	0.45%
MSFT	F	0.36%	4.63%	0.36%
NI	A	0.55%	0.05%	0.05%
NOC	D	0.4%	0.29%	0.29%
NVDA	C	0.77%	4.9%	0.77%
OKE	A	0.36%	0.18%	0.18%
PANW	C	0.5%	1.81%	0.5%
PEP	F	0.2%	0.92%	0.2%
PPG	F	0.41%	0.1%	0.1%
PPL	B	0.51%	0.08%	0.08%
RCL	A	0.56%	0.12%	0.12%
SBAC	D	0.53%	0.08%	0.08%
SO	D	0.44%	0.35%	0.35%
SPGI	C	0.47%	0.55%	0.47%
SRE	A	0.5%	0.18%	0.18%
TT	A	0.82%	0.29%	0.29%
URI	B	0.41%	0.18%	0.18%
V	A	1.34%	1.53%	1.34%
VRSK	A	0.93%	0.13%	0.13%
VST	B	1.86%	0.11%	0.11%
WEC	A	0.48%	0.1%	0.1%

FCTR Overweight 116 Positions Relative to NACP

Symbol	Grade	Weight
APP	B	3.82%
PLTR	B	2.43%
MSTR	C	2.06%
MSI	B	1.73%
FICO	B	1.51%
AXON	A	1.45%
PAYX	C	1.42%
BR	A	1.37%
SYK	C	1.36%
ANET	C	1.24%
CTAS	B	1.05%
ARES	A	1.04%
APO	B	1.03%
CL	D	1.01%
TDG	D	0.99%
YUM	B	0.95%
BRO	B	0.94%
HOOD	B	0.92%
FI	A	0.92%
ISRG	A	0.91%
FDS	B	0.9%
ROL	B	0.9%
VRSN	F	0.87%
THC	D	0.81%
ACGL	D	0.8%
LDOS	C	0.8%
SYY	B	0.77%
EME	C	0.77%
ICE	C	0.77%
TPL	A	0.75%
TRGP	B	0.73%
LLY	F	0.72%
MANH	D	0.7%
CRWD	B	0.68%
KKR	A	0.68%
MCD	D	0.65%
VICI	C	0.63%
PH	A	0.62%
IRM	D	0.61%
TJX	A	0.6%
TTD	B	0.59%
NET	B	0.58%
DDOG	A	0.56%
HUBS	A	0.55%
CDNS	B	0.54%
MMC	B	0.54%
ZS	C	0.53%
FAST	B	0.52%
PG	A	0.52%
TOL	B	0.52%
NOW	A	0.51%
SNOW	C	0.51%
TTWO	A	0.51%
ORCL	B	0.51%
MSCI	C	0.49%
DRI	B	0.49%
RBLX	C	0.49%
PGR	A	0.48%
DASH	A	0.47%
NFLX	A	0.47%
ROST	C	0.47%
ERIE	D	0.45%
BLK	C	0.45%
LMT	D	0.45%
DPZ	C	0.45%
AEE	A	0.45%
SNPS	B	0.44%
ALNY	D	0.43%
AVGO	D	0.43%
ORLY	B	0.43%
ADSK	A	0.42%
ROP	B	0.42%
KDP	D	0.42%
PHM	D	0.42%
GLPI	C	0.42%
O	D	0.41%
MDB	C	0.4%
DXCM	D	0.4%
EQR	B	0.4%
AFL	B	0.4%
KMB	D	0.39%
CARR	D	0.38%
AWK	D	0.38%
LW	C	0.37%
ADBE	C	0.37%
VRTX	F	0.37%
PWR	A	0.37%
INTU	C	0.37%
BSY	D	0.37%
NVR	D	0.36%
BX	A	0.36%
GIS	D	0.35%
PSA	D	0.34%
AMT	D	0.34%
COST	B	0.34%
DHI	D	0.34%
CSL	C	0.33%
HCA	F	0.33%
KLAC	D	0.32%
RIVN	F	0.32%
MPWR	F	0.31%
IDXX	F	0.31%
FCNCA	A	0.31%
BKNG	A	0.29%
GWW	B	0.28%
ATO	A	0.27%
CPAY	A	0.26%
CSCO	B	0.25%
RSG	A	0.24%
BRK.A	B	0.24%
CHD	B	0.23%
CB	C	0.23%
CMG	B	0.22%
WM	A	0.22%
PCAR	B	0.19%
MNST	C	0.19%

FCTR Underweight 147 Positions Relative to NACP

Symbol	Grade	Weight
AMZN	C	-4.47%
ACN	C	-3.58%
QCOM	F	-3.18%
IBM	C	-3.08%
GOOGL	C	-2.41%
JPM	A	-2.39%
UBER	D	-2.29%
VZ	C	-2.26%
TSLA	B	-2.22%
GOOG	C	-2.16%
XOM	B	-2.0%
UNH	C	-1.95%
MU	D	-1.75%
INTC	D	-1.52%
JNJ	D	-1.44%
ABBV	D	-1.22%
CVX	A	-1.04%
MRK	F	-1.03%
BAC	A	-0.99%
TMO	F	-0.83%
WMT	A	-0.73%
ABT	B	-0.69%
GE	D	-0.69%
NEE	D	-0.66%
DHR	F	-0.64%
HPQ	B	-0.62%
PFE	D	-0.62%
AXP	A	-0.56%
UNP	C	-0.56%
DELL	C	-0.54%
LOW	D	-0.51%
COP	C	-0.49%
ELV	F	-0.47%
MS	A	-0.47%
C	A	-0.45%
EA	A	-0.45%
T	A	-0.45%
PLD	D	-0.42%
BA	F	-0.38%
MELI	D	-0.38%
CI	F	-0.37%
DE	A	-0.36%
NKE	D	-0.36%
BMY	B	-0.35%
UPS	C	-0.35%
GILD	C	-0.35%
SCHW	B	-0.33%
EQIX	A	-0.29%
PNC	B	-0.27%
CVS	D	-0.27%
PYPL	B	-0.27%
MMM	D	-0.26%
FDX	B	-0.25%
FCX	D	-0.25%
AON	A	-0.24%
CSX	B	-0.24%
MPC	D	-0.23%
PSX	C	-0.22%
TFC	A	-0.22%
NEM	D	-0.22%
EMR	A	-0.22%
ECL	D	-0.21%
NSC	B	-0.2%
WMB	A	-0.19%
MAR	B	-0.19%
TRV	B	-0.18%
CCI	D	-0.18%
D	C	-0.18%
GM	B	-0.18%
MET	A	-0.17%
BK	A	-0.17%
VLO	C	-0.17%
JCI	C	-0.17%
HLT	A	-0.17%
IPG	D	-0.16%
LHX	C	-0.16%
KMI	A	-0.15%
HES	B	-0.15%
CMI	A	-0.15%
EW	C	-0.15%
F	C	-0.15%
DD	D	-0.14%
PEG	A	-0.14%
A	D	-0.14%
OTIS	C	-0.13%
KR	B	-0.13%
VMC	B	-0.12%
IR	B	-0.12%
MLM	B	-0.12%
XEL	A	-0.12%
KHC	F	-0.12%
ROK	B	-0.11%
EBAY	D	-0.11%
ADM	D	-0.11%
RMD	C	-0.11%
XYL	D	-0.11%
DVN	F	-0.1%
BIIB	F	-0.1%
PCG	A	-0.09%
TROW	B	-0.09%
IFF	D	-0.09%
DAL	C	-0.09%
SYF	B	-0.08%
APTV	D	-0.08%
NDAQ	A	-0.08%
ES	D	-0.08%
NRG	B	-0.07%
EXPD	D	-0.07%
TSN	B	-0.07%
CLX	B	-0.07%
BAH	F	-0.07%
BAX	D	-0.07%
LH	C	-0.07%
K	A	-0.07%
ILMN	D	-0.07%
HBAN	A	-0.07%
RF	A	-0.07%
SWK	D	-0.06%
LUV	C	-0.06%
DOC	D	-0.06%
DGX	A	-0.06%
HUBB	B	-0.06%
TXT	D	-0.06%
SJM	D	-0.05%
AMH	D	-0.05%
OC	A	-0.05%
ACM	A	-0.05%
NDSN	B	-0.05%
UAL	A	-0.05%
AES	F	-0.05%
JBHT	C	-0.05%
BG	F	-0.05%
CF	B	-0.05%
CPB	D	-0.04%
REG	B	-0.04%
TFX	F	-0.04%
ALB	C	-0.04%
EMN	D	-0.04%
USFD	A	-0.04%
WBA	F	-0.03%
BWA	D	-0.03%
SCCO	F	-0.03%
PFG	D	-0.03%
MOS	F	-0.03%
HRL	D	-0.03%
CNH	C	-0.03%
TAP	C	-0.03%