FDL vs. AIVL ETF Comparison

Comparison of First Trust Morningstar ETF (FDL) to WisdomTree U.S. AI Enhanced Value Fund (AIVL)

FDL

First Trust Morningstar ETF

FDL 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 Morningstar(R) Dividend Leaders Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The objective of the index is to offer investors a benchmark for dividend portfolios as well as a means to invest in a portfolio of stocks that have a consistent record of growing dividends as well as the ability to sustain them. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$43.34

Average Daily Volume

362,157

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

AIVL

WisdomTree U.S. AI Enhanced Value Fund

AIVL Description

WisdomTree U.S. AI Enhanced Value Fund is an exchange traded fund launched by WisdomTree Investments, Inc. It is co-managed by Voya Investment Management Co. LLC, WisdomTree Asset Management, Inc. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in value stocks of companies across diversified market capitalization. It employs quantitative analysis to create its portfolio. The fund seeks to benchmark the performance of its portfolio against the Dow Jones U.S. Select Dividend Index. It employs proprietary research to create its portfolio. WisdomTree U.S. AI Enhanced Value Fund was formed on June 16, 2006 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$113.84

Average Daily Volume

1,984

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	FDL	AIVL
30 Days	2.77%	3.03%
60 Days	4.11%	3.55%
90 Days	6.49%	5.56%
12 Months	33.82%	28.14%

15 Overlapping Holdings

Symbol	Grade	Weight in FDL	Weight in AIVL	Overlap
BEN	C	0.28%	0.27%	0.27%
CAG	D	0.41%	0.23%	0.23%
CNH	C	0.32%	0.42%	0.32%
CVX	A	9.22%	1.12%	1.12%
DOW	F	1.23%	0.42%	0.42%
EXC	C	1.04%	0.24%	0.24%
KHC	F	0.91%	0.47%	0.47%
KMB	D	1.08%	0.24%	0.24%
LNC	B	0.26%	0.38%	0.26%
MO	A	4.96%	3.25%	3.25%
PM	B	5.87%	0.66%	0.66%
UGI	A	0.22%	0.25%	0.22%
UPS	C	3.49%	0.25%	0.25%
USB	A	2.44%	0.25%	0.25%
WEN	D	0.13%	0.35%	0.13%

FDL Overweight 85 Positions Relative to AIVL

Symbol	Grade	Weight
VZ	C	7.42%
ABBV	D	6.79%
PFE	D	5.94%
IBM	C	4.35%
GILD	C	3.11%
CVS	D	2.33%
TFC	A	2.19%
DUK	C	2.18%
PNC	B	2.12%
KMI	A	2.06%
OKE	A	1.96%
F	C	1.78%
PRU	A	1.46%
FANG	D	1.25%
AEP	D	1.21%
XEL	A	0.93%
TROW	B	0.9%
LYB	F	0.87%
EIX	B	0.83%
ETR	B	0.82%
FITB	A	0.78%
HBAN	A	0.78%
WEC	A	0.76%
RF	A	0.75%
STT	A	0.67%
KEY	B	0.66%
CFG	B	0.64%
ES	D	0.64%
FE	C	0.57%
AEE	A	0.54%
BBY	D	0.49%
EVRG	A	0.44%
CLX	B	0.43%
OMF	A	0.42%
K	A	0.42%
FNF	B	0.37%
LNT	A	0.35%
CMA	A	0.33%
WHR	B	0.33%
IPG	D	0.33%
FHN	A	0.31%
SJM	D	0.31%
SWK	D	0.31%
PNW	B	0.29%
COLB	A	0.28%
OGE	B	0.25%
MTN	C	0.24%
HAS	D	0.24%
ZION	B	0.23%
SNV	B	0.21%
WU	D	0.2%
FMC	D	0.19%
JHG	A	0.19%
APAM	B	0.17%
VLY	B	0.17%
FAF	A	0.16%
UBSI	B	0.16%
OZK	B	0.15%
NXST	C	0.15%
POR	C	0.14%
FIBK	A	0.14%
SR	A	0.13%
TNL	A	0.13%
FLO	D	0.13%
BKH	A	0.13%
ALE	A	0.12%
CC	C	0.12%
NJR	A	0.12%
ASB	B	0.12%
NWE	B	0.11%
PRGO	B	0.11%
PNM	F	0.11%
FHB	A	0.11%
MSM	C	0.11%
MAN	D	0.1%
OGS	A	0.1%
AVA	A	0.1%
CATY	B	0.09%
AGR	B	0.09%
SMG	D	0.09%
FHI	A	0.09%
LCII	C	0.08%
CRI	D	0.06%
SIRI	C	0.05%
GEF	A	0.01%

FDL Underweight 85 Positions Relative to AIVL

Symbol	Grade	Weight
WFC	A	-4.35%
XOM	B	-3.99%
MDT	D	-3.33%
CMCSA	B	-3.3%
NI	A	-3.04%
OTIS	C	-3.0%
ABT	B	-2.89%
NDAQ	A	-2.77%
FTV	C	-2.76%
A	D	-2.71%
HWM	A	-2.68%
ICE	C	-2.65%
CME	A	-2.61%
RTX	C	-2.58%
ROP	B	-2.55%
WY	D	-2.15%
TDY	B	-2.05%
INTC	D	-2.0%
TXT	D	-1.95%
HON	B	-1.8%
CNP	B	-1.7%
HPE	B	-1.68%
KDP	D	-1.58%
PPG	F	-1.56%
HOLX	D	-1.41%
FDS	B	-1.38%
KO	D	-1.37%
CNC	D	-1.34%
PCG	A	-1.22%
AMCR	D	-1.13%
JCI	C	-0.99%
SBAC	D	-0.92%
OXY	D	-0.9%
LKQ	D	-0.78%
LHX	C	-0.72%
NSA	D	-0.69%
QGEN	D	-0.69%
KEYS	A	-0.63%
WRB	A	-0.62%
RBLX	C	-0.57%
M	D	-0.56%
ZBH	C	-0.54%
XP	F	-0.52%
ESI	A	-0.51%
RGA	A	-0.5%
HUN	F	-0.48%
AMKR	D	-0.43%
AM	A	-0.42%
HXL	D	-0.39%
GPC	D	-0.36%
DCI	B	-0.36%
BAX	D	-0.36%
BRK.A	B	-0.32%
GEHC	F	-0.3%
GNTX	C	-0.29%
GTES	A	-0.28%
CW	B	-0.28%
MDU	D	-0.28%
HEI	B	-0.27%
PINC	B	-0.27%
CSX	B	-0.26%
HII	D	-0.26%
DXC	B	-0.26%
AME	A	-0.26%
IEX	B	-0.26%
ORI	A	-0.26%
RYAN	B	-0.26%
MNST	C	-0.25%
SBUX	A	-0.25%
HST	C	-0.25%
INCY	C	-0.25%
REYN	D	-0.25%
BWXT	B	-0.25%
BWA	D	-0.25%
BDX	F	-0.24%
BSY	D	-0.24%
COTY	F	-0.24%
TRIP	F	-0.24%
DLB	B	-0.24%
JKHY	D	-0.24%
TECH	D	-0.24%
FR	C	-0.24%
ASH	D	-0.23%
ED	D	-0.23%
SWKS	F	-0.23%