FDL vs. SIXL ETF Comparison

Comparison of First Trust Morningstar ETF (FDL) to 6 Meridian Low Beta Equity Strategy ETF (SIXL)

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

SIXL

6 Meridian Low Beta Equity Strategy ETF

SIXL Description

The investment seeks to provide capital appreciation. Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities. The equity securities in which it invests are mainly common stocks. The fund may invest in equity securities of companies of any capitalization. It also may invest in real estate investment trusts (REITs).

Grade (RS Rating)

Last Trade

$37.36

Average Daily Volume

3,692

Number of Holdings ^*

239

* may have additional holdings in another (foreign) market

Performance

Period	FDL	SIXL
30 Days	1.69%	0.60%
60 Days	7.97%	6.30%
90 Days	11.96%	9.52%
12 Months	33.78%	23.18%

28 Overlapping Holdings

Symbol	Grade	Weight in FDL	Weight in SIXL	Overlap
ABBV	C	7.9%	0.41%	0.41%
AEE	A	0.53%	0.43%	0.43%
AEP	C	1.33%	0.41%	0.41%
ALE	A	0.12%	0.41%	0.12%
AVA	D	0.11%	0.41%	0.11%
CAG	D	0.5%	0.4%	0.4%
CVX	B	8.55%	0.43%	0.43%
DUK	C	2.3%	0.41%	0.41%
ETR	A	0.74%	0.44%	0.44%
EVRG	C	0.43%	0.42%	0.42%
FE	C	0.62%	0.41%	0.41%
FHI	A	0.08%	0.45%	0.08%
FLO	D	0.14%	0.4%	0.14%
GILD	A	2.84%	0.43%	0.43%
K	B	0.42%	0.41%	0.41%
KHC	F	1.01%	0.39%	0.39%
KMB	D	1.17%	0.39%	0.39%
MO	D	4.57%	0.39%	0.39%
NJR	C	0.12%	0.42%	0.12%
NWE	C	0.11%	0.43%	0.11%
OGE	C	0.25%	0.42%	0.25%
PM	D	5.54%	0.4%	0.4%
PNW	C	0.29%	0.42%	0.29%
VZ	C	8.23%	0.44%	0.44%
WEC	B	0.76%	0.41%	0.41%
WEN	B	0.12%	0.42%	0.12%
WU	D	0.23%	0.4%	0.23%
XEL	C	0.88%	0.42%	0.42%

FDL Overweight 71 Positions Relative to SIXL

Symbol	Grade	Weight
PFE	D	6.56%
IBM	A	4.57%
UPS	D	3.52%
CVS	D	2.61%
USB	C	2.16%
TFC	D	1.98%
PNC	C	1.84%
KMI	A	1.75%
F	D	1.73%
OKE	A	1.68%
DOW	B	1.5%
PRU	B	1.39%
FANG	D	1.22%
EXC	C	1.12%
LYB	B	1.01%
EIX	C	0.89%
TROW	D	0.81%
ES	D	0.71%
FITB	C	0.69%
HBAN	B	0.64%
RF	B	0.64%
STT	A	0.62%
KEY	B	0.56%
BBY	C	0.55%
CFG	C	0.55%
CLX	C	0.43%
SWK	C	0.4%
FNF	C	0.37%
IPG	D	0.36%
LNT	B	0.36%
OMF	D	0.35%
SJM	D	0.34%
CNH	C	0.33%
WHR	C	0.31%
CMA	C	0.28%
HAS	A	0.28%
BEN	F	0.26%
FHN	D	0.23%
COLB	C	0.23%
LNC	B	0.23%
UGI	C	0.23%
MTN	D	0.23%
FMC	C	0.22%
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%
UBSI	D	0.14%
SR	D	0.13%
FIBK	C	0.13%
OZK	D	0.13%
BKH	C	0.13%
CC	D	0.12%
SMG	C	0.11%
PNM	B	0.11%
TNL	B	0.11%
MAN	D	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%
CRI	D	0.08%
LCII	C	0.08%
CATY	B	0.07%
GEF	B	0.01%

FDL Underweight 211 Positions Relative to SIXL

Symbol	Grade	Weight
X	F	-0.5%
MASI	B	-0.49%
OLLI	C	-0.47%
BWXT	A	-0.46%
SFM	A	-0.46%
MANH	A	-0.46%
RHI	D	-0.45%
TXRH	A	-0.45%
DLB	D	-0.45%
AVAV	B	-0.45%
CHK	C	-0.45%
CPRI	C	-0.45%
CW	A	-0.45%
PRGS	A	-0.45%
WWD	C	-0.44%
UNM	A	-0.44%
WMT	A	-0.44%
MSA	F	-0.44%
ERIE	A	-0.44%
LRN	D	-0.44%
LQDT	C	-0.44%
BJ	B	-0.44%
BRBR	A	-0.44%
DBX	C	-0.44%
ATGE	D	-0.44%
HCI	B	-0.44%
KR	C	-0.44%
AMBC	F	-0.43%
CCK	C	-0.43%
NYT	C	-0.43%
KBR	A	-0.43%
UTHR	C	-0.43%
MORN	B	-0.43%
CHE	D	-0.43%
SMPL	D	-0.43%
VRRM	D	-0.43%
MGY	B	-0.43%
ATO	A	-0.43%
FCN	C	-0.43%
SNDR	D	-0.43%
LOPE	D	-0.43%
DT	B	-0.43%
CNC	F	-0.43%
MGEE	C	-0.43%
TKO	A	-0.43%
MOH	F	-0.43%
BRC	C	-0.43%
RYAN	A	-0.43%
TMUS	A	-0.43%
ADUS	D	-0.43%
DTM	A	-0.43%
EPRT	C	-0.43%
EHC	C	-0.43%
CACI	A	-0.43%
AM	A	-0.43%
CALM	A	-0.43%
THG	A	-0.42%
FCPT	C	-0.42%
AWR	B	-0.42%
WM	B	-0.42%
HMN	B	-0.42%
ARMK	C	-0.42%
MMSI	C	-0.42%
DFIN	B	-0.42%
HQY	B	-0.42%
WPC	C	-0.42%
MSGS	A	-0.42%
LMT	A	-0.42%
NFG	A	-0.42%
XOM	A	-0.42%
DTE	B	-0.42%
AGO	B	-0.42%
KDP	C	-0.42%
ORLY	A	-0.42%
JJSF	C	-0.42%
UTL	D	-0.42%
NWN	D	-0.42%
RTX	A	-0.42%
PPL	C	-0.42%
RNR	A	-0.42%
PDCO	F	-0.42%
SIGI	D	-0.42%
MCRI	B	-0.42%
ACGL	A	-0.42%
RGR	F	-0.42%
MCY	B	-0.42%
ALL	A	-0.42%
NOC	B	-0.42%
LHX	A	-0.42%
CMS	A	-0.42%
SPNT	D	-0.42%
UFCS	D	-0.42%
PRDO	D	-0.42%
NEU	F	-0.42%
NABL	F	-0.42%
T	B	-0.42%
PECO	C	-0.42%
RGA	B	-0.42%
ATR	A	-0.42%
PLMR	A	-0.42%
INCY	B	-0.42%
PGR	B	-0.42%
KELYA	D	-0.42%
ATEN	B	-0.42%
EOG	B	-0.42%
CPK	C	-0.42%
PRI	A	-0.42%
EXEL	B	-0.42%
OHI	C	-0.42%
CHRD	F	-0.41%
ABT	C	-0.41%
INVA	B	-0.41%
ITGR	B	-0.41%
JBSS	F	-0.41%
UVV	D	-0.41%
FDP	C	-0.41%
STRA	F	-0.41%
POST	C	-0.41%
RBA	D	-0.41%
ADC	C	-0.41%
SPTN	C	-0.41%
CASY	D	-0.41%
EIG	A	-0.41%
DGX	D	-0.41%
COP	D	-0.41%
NNN	C	-0.41%
WTW	C	-0.41%
AMT	D	-0.41%
AMH	D	-0.41%
ED	C	-0.41%
HSTM	B	-0.41%
INGR	B	-0.41%
AMED	D	-0.41%
LANC	F	-0.41%
TR	D	-0.41%
HRB	C	-0.41%
NPK	F	-0.41%
KO	C	-0.41%
RAMP	F	-0.41%
COLL	A	-0.41%
MKC	C	-0.41%
BOX	C	-0.41%
JAZZ	F	-0.41%
AFL	A	-0.41%
TRV	B	-0.41%
RSG	D	-0.41%
AFG	A	-0.41%
LTC	D	-0.41%
RLI	A	-0.41%
CB	A	-0.41%
ORI	A	-0.41%
ENSG	D	-0.41%
SO	A	-0.41%
GTY	C	-0.41%
FIZZ	F	-0.41%
SRE	C	-0.41%
JNPR	C	-0.41%
UNH	B	-0.4%
BGC	B	-0.4%
THS	D	-0.4%
CXW	F	-0.4%
CWT	D	-0.4%
COKE	C	-0.4%
NHC	D	-0.4%
SJW	D	-0.4%
KNSL	B	-0.4%
WDFC	B	-0.4%
MRK	F	-0.4%
CAH	B	-0.4%
ELS	D	-0.4%
VRSK	D	-0.4%
SAFT	D	-0.4%
CVI	D	-0.4%
DVAX	F	-0.4%
JNJ	D	-0.4%
CHD	D	-0.4%
HOLX	D	-0.4%
WTRG	D	-0.4%
PG	D	-0.4%
GLPI	C	-0.4%
MMC	D	-0.4%
GIS	C	-0.4%
MDLZ	D	-0.4%
ALKS	B	-0.4%
VIRT	B	-0.4%
CI	D	-0.4%
CME	A	-0.4%
AMSF	B	-0.4%
PPC	C	-0.39%
EPC	F	-0.39%
ANIP	F	-0.39%
MCK	F	-0.39%
SAM	D	-0.39%
PBH	D	-0.39%
NBIX	F	-0.39%
AJG	C	-0.39%
PEP	F	-0.39%
HRL	F	-0.39%
HSY	D	-0.39%
ELV	F	-0.39%
WRB	C	-0.39%
CBOE	B	-0.39%
MUSA	D	-0.39%
CL	D	-0.39%
BG	F	-0.39%
LPG	F	-0.38%
EZPW	C	-0.38%
CLW	F	-0.38%
PINC	F	-0.38%
SUPN	D	-0.36%
BMRN	F	-0.34%