FDL vs. GCLN ETF Comparison

Comparison of First Trust Morningstar ETF (FDL) to Goldman Sachs Bloomberg Clean Energy Equity ETF (GCLN)

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

GCLN

Goldman Sachs Bloomberg Clean Energy Equity ETF

GCLN Description

Goldman Sachs Bloomberg Clean Energy Equity ETF is an exchange traded fund launched and managed by Goldman Sachs Asset Management, L.P. The fund invests in public equity markets of global region. It invests in stocks of companies operating across clean energy including independent power and renewable electricity producers, renewable electricity, electric power by solar energy, electric power by wind energy, clean energy including clean power infrastructure, energy storage, hydrogen energy, energy digitalization and bioenergy sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund seeks to track the performance of the Bloomberg Goldman Sachs Global Clean Energy Index, by using full replication technique. Goldman Sachs Bloomberg Clean Energy Equity ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$36.82

Average Daily Volume

221

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDL	GCLN
30 Days	2.77%	-0.32%
60 Days	4.11%	-1.09%
90 Days	6.49%	2.91%
12 Months	33.82%	14.33%

14 Overlapping Holdings

Symbol	Grade	Weight in FDL	Weight in GCLN	Overlap
ABBV	D	6.79%	0.97%	0.97%
AEE	A	0.54%	0.92%	0.54%
AEP	D	1.21%	1.92%	1.21%
AGR	B	0.09%	0.09%	0.09%
AVA	A	0.1%	0.2%	0.1%
DUK	C	2.18%	2.47%	2.18%
EIX	B	0.83%	2.26%	0.83%
ES	D	0.64%	0.8%	0.64%
ETR	B	0.82%	1.19%	0.82%
EXC	C	1.04%	1.45%	1.04%
LNT	A	0.35%	0.6%	0.35%
NWE	B	0.11%	0.13%	0.11%
WEC	A	0.76%	0.53%	0.53%
XEL	A	0.93%	1.46%	0.93%

FDL Overweight 86 Positions Relative to GCLN

Symbol	Grade	Weight
CVX	A	9.22%
VZ	C	7.42%
PFE	D	5.94%
PM	B	5.87%
MO	A	4.96%
IBM	C	4.35%
UPS	C	3.49%
GILD	C	3.11%
USB	A	2.44%
CVS	D	2.33%
TFC	A	2.19%
PNC	B	2.12%
KMI	A	2.06%
OKE	A	1.96%
F	C	1.78%
PRU	A	1.46%
FANG	D	1.25%
DOW	F	1.23%
KMB	D	1.08%
KHC	F	0.91%
TROW	B	0.9%
LYB	F	0.87%
FITB	A	0.78%
HBAN	A	0.78%
RF	A	0.75%
STT	A	0.67%
KEY	B	0.66%
CFG	B	0.64%
FE	C	0.57%
BBY	D	0.49%
EVRG	A	0.44%
CLX	B	0.43%
OMF	A	0.42%
K	A	0.42%
CAG	D	0.41%
FNF	B	0.37%
CMA	A	0.33%
WHR	B	0.33%
IPG	D	0.33%
CNH	C	0.32%
FHN	A	0.31%
SJM	D	0.31%
SWK	D	0.31%
PNW	B	0.29%
BEN	C	0.28%
COLB	A	0.28%
LNC	B	0.26%
OGE	B	0.25%
MTN	C	0.24%
HAS	D	0.24%
ZION	B	0.23%
UGI	A	0.22%
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%
WEN	D	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%
PRGO	B	0.11%
PNM	F	0.11%
FHB	A	0.11%
MSM	C	0.11%
MAN	D	0.1%
OGS	A	0.1%
CATY	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 42 Positions Relative to GCLN

Symbol	Grade	Weight
TSLA	B	-7.38%
NEE	D	-4.71%
PEG	A	-3.1%
SRE	A	-2.21%
PWR	A	-1.83%
D	C	-1.8%
PCG	A	-1.62%
ED	D	-1.25%
FSLR	F	-1.24%
GE	D	-1.01%
SO	D	-0.98%
ENPH	F	-0.56%
ON	D	-0.49%
GNRC	B	-0.4%
EME	C	-0.4%
DTE	C	-0.38%
ITRI	B	-0.36%
CNP	B	-0.34%
AES	F	-0.34%
CMS	C	-0.34%
MTZ	B	-0.33%
NRG	B	-0.33%
BE	B	-0.32%
ORA	B	-0.31%
KEP	B	-0.17%
CWEN	C	-0.16%
RUN	F	-0.15%
MGEE	C	-0.14%
TAC	B	-0.11%
VMI	B	-0.11%
QS	F	-0.11%
PLUG	F	-0.1%
FLNC	C	-0.09%
ENVX	F	-0.08%
OTTR	C	-0.06%
AMRC	F	-0.06%
ARRY	C	-0.06%
GPRE	F	-0.05%
CSAN	F	-0.04%
SEDG	F	-0.04%
WOLF	F	-0.03%
NOVA	F	-0.03%

GCLN: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Utilities - Diversified Engineering & Construction Solar Utilities - Independent Power Producers Electronic Components Semiconductors Auto Manufacturers Auto Parts Diversified Industrials Drug Manufacturers - Major Electrical Equipment & Parts Metal Fabrication Oil & Gas Refining & Marketing Scientific & Technical Instruments Semiconductor Equipment & Materials Specialty Chemicals Specialty Industrial Machinery Utilities - Regulated Gas Utilities - Renewable