FDL vs. PEY ETF Comparison

Comparison of First Trust Morningstar ETF (FDL) to PowerShares High Yield Dividend Achievers (PEY)

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

PEY

PowerShares High Yield Dividend Achievers

PEY Description

The PowerShares High Yield Equity Dividend Achievers Portfolio (Fund) is based on the NASDAQ US Dividend AchieversTM 50 Index (Index). The Fund will normally invest at least 90% of its total assets in dividend paying common stocks that comprise the Index. The Index is comprised of 50 stocks selected principally on the basis of dividend yield and consistent growth in dividends. The Fund and the Index are reconstituted annually in January and rebalanced quarterly in January, April, July and October. Effective December 28, 2012, the NADAQ OMX Group, Inc., replaced Mergent, Inc., as the Index Provider of the Index. Effective February 25, 2013, the name of the Index changed from Mergent Dividend Achievers 50 Index to NASDAQ Dividend Achievers 50 Index. There will be no change to the methodology by which NASDAQ OMX Group, Inc., the Index Provider, calculates the Index. Please see the Fund’s prospectus supplement for more information. On February 25, 2013, NASDAQ took the place of the NYSE as the official Index data source.

Grade (RS Rating)

Last Trade

$22.77

Average Daily Volume

193,365

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDL	PEY
30 Days	2.77%	4.91%
60 Days	4.11%	5.63%
90 Days	6.49%	6.58%
12 Months	33.82%	23.76%

37 Overlapping Holdings

Symbol	Grade	Weight in FDL	Weight in PEY	Overlap
AVA	A	0.1%	2.15%	0.1%
BBY	D	0.49%	1.45%	0.49%
BEN	C	0.28%	2.89%	0.28%
BKH	A	0.13%	2.05%	0.13%
CVX	A	9.22%	2.07%	2.07%
ES	D	0.64%	1.67%	0.64%
EVRG	A	0.44%	2.07%	0.44%
FIBK	A	0.14%	2.89%	0.14%
FLO	D	0.13%	1.67%	0.13%
IBM	C	4.35%	1.5%	1.5%
IPG	D	0.33%	1.46%	0.33%
KEY	B	0.66%	2.39%	0.66%
KMB	D	1.08%	1.38%	1.08%
LYB	F	0.87%	1.95%	0.87%
MAN	D	0.1%	1.51%	0.1%
MO	A	4.96%	3.37%	3.37%
NWE	B	0.11%	2.14%	0.11%
NXST	C	0.15%	1.12%	0.15%
OGE	B	0.25%	2.03%	0.25%
PFE	D	5.94%	2.18%	2.18%
PM	B	5.87%	1.99%	1.99%
PNC	B	2.12%	1.67%	1.67%
PNW	B	0.29%	1.86%	0.29%
POR	C	0.14%	1.72%	0.14%
PRGO	B	0.11%	1.54%	0.11%
PRU	A	1.46%	1.99%	1.46%
RF	A	0.75%	2.04%	0.75%
SR	A	0.13%	2.06%	0.13%
SWK	D	0.31%	1.19%	0.31%
TFC	A	2.19%	2.18%	2.18%
TROW	B	0.9%	2.29%	0.9%
UBSI	B	0.16%	1.8%	0.16%
UGI	A	0.22%	2.61%	0.22%
UPS	C	3.49%	2.35%	2.35%
USB	A	2.44%	1.95%	1.95%
VZ	C	7.42%	2.84%	2.84%
WEC	A	0.76%	1.67%	0.76%

FDL Overweight 63 Positions Relative to PEY

Symbol	Grade	Weight
ABBV	D	6.79%
GILD	C	3.11%
CVS	D	2.33%
DUK	C	2.18%
KMI	A	2.06%
OKE	A	1.96%
F	C	1.78%
FANG	D	1.25%
DOW	F	1.23%
AEP	D	1.21%
EXC	C	1.04%
XEL	A	0.93%
KHC	F	0.91%
EIX	B	0.83%
ETR	B	0.82%
FITB	A	0.78%
HBAN	A	0.78%
STT	A	0.67%
CFG	B	0.64%
FE	C	0.57%
AEE	A	0.54%
CLX	B	0.43%
OMF	A	0.42%
K	A	0.42%
CAG	D	0.41%
FNF	B	0.37%
LNT	A	0.35%
CMA	A	0.33%
WHR	B	0.33%
CNH	C	0.32%
FHN	A	0.31%
SJM	D	0.31%
COLB	A	0.28%
LNC	B	0.26%
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%
OZK	B	0.15%
WEN	D	0.13%
TNL	A	0.13%
ALE	A	0.12%
CC	C	0.12%
NJR	A	0.12%
ASB	B	0.12%
PNM	F	0.11%
FHB	A	0.11%
MSM	C	0.11%
OGS	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 12 Positions Relative to PEY

Symbol	Grade	Weight
WBA	F	-3.67%
CCOI	B	-2.8%
UVV	B	-2.66%
BMY	B	-2.38%
NWN	A	-2.21%
WSBC	A	-2.16%
INDB	B	-1.77%
TRN	C	-1.67%
SON	D	-1.42%
EMN	D	-1.41%
HPQ	B	-1.38%
MMM	D	-1.24%