FDL vs. RNDV ETF Comparison

Comparison of First Trust Morningstar ETF (FDL) to First Trust US Equity Dividend Select ETF (RNDV)

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

$41.77

Average Daily Volume

454,756

Number of Holdings ^*

* may have additional holdings in another (foreign) market

RNDV

First Trust US Equity Dividend Select ETF

RNDV Description

The US Equity Dividend Select ETF (the "Fund") seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the Nasdaq Riskalyze US Equity Dividend Select 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 Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund's investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. The Index is owned and is developed, maintained and sponsored by Riskalyze, Inc. (the "Index Provider").

Grade (RS Rating)

Last Trade

$34.19

Average Daily Volume

2,473

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDL	RNDV
30 Days	1.69%	2.08%
60 Days	7.97%	10.06%
90 Days	11.96%	9.54%
12 Months	33.78%	28.64%

25 Overlapping Holdings

Symbol	Grade	Weight in FDL	Weight in RNDV	Overlap
ABBV	C	7.9%	1.24%	1.24%
AEP	C	1.33%	0.33%	0.33%
BBY	C	0.55%	1.8%	0.55%
BEN	F	0.26%	1.37%	0.26%
CAG	D	0.5%	0.88%	0.5%
CVS	D	2.61%	1.43%	1.43%
CVX	B	8.55%	0.71%	0.71%
EIX	C	0.89%	0.38%	0.38%
ES	D	0.71%	0.41%	0.41%
ETR	A	0.74%	0.38%	0.38%
EVRG	C	0.43%	0.41%	0.41%
FMC	C	0.22%	0.52%	0.22%
HAS	A	0.28%	2.06%	0.28%
IBM	A	4.57%	4.52%	4.52%
IPG	D	0.36%	2.43%	0.36%
K	B	0.42%	0.9%	0.42%
KMB	D	1.17%	0.59%	0.59%
OKE	A	1.68%	0.98%	0.98%
PM	D	5.54%	0.91%	0.91%
PNW	C	0.29%	0.38%	0.29%
PRU	B	1.39%	1.19%	1.19%
SWK	C	0.4%	0.99%	0.4%
TROW	D	0.81%	1.13%	0.81%
UPS	D	3.52%	0.96%	0.96%
VZ	C	8.23%	3.66%	3.66%

FDL Overweight 74 Positions Relative to RNDV

Symbol	Grade	Weight
PFE	D	6.56%
MO	D	4.57%
GILD	A	2.84%
DUK	C	2.3%
USB	C	2.16%
TFC	D	1.98%
PNC	C	1.84%
KMI	A	1.75%
F	D	1.73%
DOW	B	1.5%
FANG	D	1.22%
EXC	C	1.12%
KHC	F	1.01%
LYB	B	1.01%
XEL	C	0.88%
WEC	B	0.76%
FITB	C	0.69%
HBAN	B	0.64%
RF	B	0.64%
FE	C	0.62%
STT	A	0.62%
KEY	B	0.56%
CFG	C	0.55%
AEE	A	0.53%
CLX	C	0.43%
FNF	C	0.37%
LNT	B	0.36%
OMF	D	0.35%
SJM	D	0.34%
CNH	C	0.33%
WHR	C	0.31%
CMA	C	0.28%
OGE	C	0.25%
WU	D	0.23%
FHN	D	0.23%
COLB	C	0.23%
LNC	B	0.23%
UGI	C	0.23%
MTN	D	0.23%
ZION	D	0.18%
SNV	D	0.16%
FAF	C	0.16%
VLY	C	0.15%
POR	D	0.15%
APAM	B	0.15%
NXST	D	0.15%
JHG	A	0.15%
FLO	D	0.14%
UBSI	D	0.14%
SR	D	0.13%
FIBK	C	0.13%
OZK	D	0.13%
BKH	C	0.13%
ALE	A	0.12%
NJR	C	0.12%
WEN	B	0.12%
CC	D	0.12%
SMG	C	0.11%
PNM	B	0.11%
AVA	D	0.11%
TNL	B	0.11%
MAN	D	0.11%
NWE	C	0.11%
MSM	D	0.11%
PRGO	F	0.1%
OGS	C	0.1%
AGR	C	0.09%
FHB	D	0.09%
ASB	D	0.09%
FHI	A	0.08%
CRI	D	0.08%
LCII	C	0.08%
CATY	B	0.07%
GEF	B	0.01%

FDL Underweight 71 Positions Relative to RNDV

Symbol	Grade	Weight
GLW	C	-3.66%
HPQ	B	-3.63%
TXN	C	-3.46%
HPE	B	-3.05%
ACN	B	-2.22%
MCHP	F	-2.22%
BMY	A	-2.04%
ADI	B	-2.01%
TEL	D	-1.99%
QCOM	D	-1.97%
OMC	C	-1.78%
CMCSA	B	-1.72%
MDT	C	-1.25%
MCD	A	-1.11%
JNJ	D	-1.1%
GPC	D	-1.07%
HD	A	-1.05%
NTRS	B	-1.02%
PFG	A	-1.02%
MTB	A	-1.0%
MET	A	-0.93%
KVUE	C	-0.92%
KLAC	B	-0.89%
NKE	D	-0.88%
LOW	C	-0.85%
CINF	A	-0.84%
APH	D	-0.82%
BLK	A	-0.81%
MSFT	D	-0.8%
DGX	D	-0.74%
CAH	B	-0.73%
AFL	A	-0.72%
CME	A	-0.71%
PAYX	B	-0.7%
ABT	C	-0.7%
GIS	C	-0.7%
MRK	F	-0.7%
GRMN	D	-0.66%
AMCR	C	-0.65%
TRV	B	-0.64%
CHRW	C	-0.64%
POOL	D	-0.63%
HRL	F	-0.61%
SNA	C	-0.6%
XOM	A	-0.6%
LMT	A	-0.59%
EG	A	-0.58%
TSN	D	-0.56%
CMI	A	-0.55%
CI	D	-0.54%
NSC	C	-0.54%
UNH	B	-0.53%
O	C	-0.53%
EOG	B	-0.52%
FAST	C	-0.52%
CTRA	D	-0.52%
ADP	A	-0.51%
BDX	C	-0.51%
LEN	C	-0.51%
ITW	C	-0.5%
UNP	F	-0.46%
EMN	C	-0.44%
LHX	A	-0.39%
MAA	D	-0.37%
FRT	D	-0.37%
CF	A	-0.36%
APD	C	-0.35%
EMR	B	-0.35%
AVB	C	-0.3%
ESS	D	-0.3%
DLR	C	-0.28%