FDM vs. ECML ETF Comparison

Comparison of First Trust DJ Select MicroCap ETF (FDM) to EA Series Trust Euclidean Fundamental Value ETF (ECML)

FDM

First Trust DJ Select MicroCap ETF

FDM 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 Dow Jones Select MicroCap Index(SM) (the "index"). The fund will normally invest at least 80% of its net assets plus the amount of any borrowings for investment purposes in common stocks of U.S. micro-capitalization companies which are publicly traded in the United States. The index is comprised of selected U.S. micro-capitalization companies chosen from all common stocks traded on the NewYork Stock Exchange, the NYSE MKT and NASDAQ(R) with limited partnerships excluded.

Grade (RS Rating)

Last Trade

$64.64

Average Daily Volume

11,530

Number of Holdings ^*

131

* may have additional holdings in another (foreign) market

ECML

EA Series Trust Euclidean Fundamental Value ETF

ECML Description

The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing in U.S. equity securities that the sub-adviser believes are under-valued and under-appreciated by the market. The sub-adviser employs a quantitative and systematic approach to long-term investing. It is expected that the fund will generally hold 60 to 70 stocks that are selected from a universe that includes all publicly traded stocks listed on the New York Stock Exchange ("NYSE") and the Nasdaq Market ("Nasdaq").

Grade (RS Rating)

Last Trade

$33.08

Average Daily Volume

972

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDM	ECML
30 Days	2.29%	-2.66%
60 Days	0.84%	-2.75%
90 Days	4.37%	0.74%
12 Months	23.59%	22.44%

0 Overlapping Holdings

	Symbol	Grade	Weight in FDM	Weight in ECML	Overlap

FDM Overweight 131 Positions Relative to ECML

Symbol	Grade	Weight
LEU	A	2.74%
BJRI	B	1.6%
TPB	A	1.53%
LMB	B	1.49%
GLDD	B	1.43%
MLR	A	1.43%
HAYN	A	1.42%
ASIX	C	1.41%
VMEO	C	1.41%
PTLO	A	1.38%
ASTE	C	1.37%
CPF	C	1.34%
SPTN	D	1.32%
IBCP	D	1.3%
RGR	F	1.27%
ETD	F	1.23%
KELYA	D	1.22%
WLDN	B	1.15%
HCKT	D	1.14%
EZPW	B	1.12%
NBN	A	1.11%
SWBI	D	1.09%
SMBC	B	1.06%
EGY	F	1.03%
WLFC	B	1.0%
MCB	B	1.0%
PLOW	F	0.99%
IMXI	F	0.99%
DAKT	C	0.97%
UVE	C	0.96%
MPB	B	0.93%
SNCY	A	0.92%
ARKO	C	0.9%
CCBG	A	0.89%
LQDT	D	0.89%
KE	C	0.84%
FC	D	0.83%
SHBI	B	0.82%
NWPX	A	0.82%
ESQ	A	0.81%
MOFG	C	0.8%
LXU	B	0.8%
ANET	B	0.8%
DHIL	D	0.79%
LYTS	A	0.79%
TTI	C	0.79%
TIPT	A	0.78%
AROW	A	0.78%
CMPO	B	0.78%
CSV	A	0.77%
EE	A	0.75%
TRDA	A	0.74%
WRLD	D	0.72%
CCSI	B	0.72%
LINC	A	0.72%
USAP	A	0.71%
FISI	D	0.7%
RMR	D	0.7%
NPK	F	0.7%
CCRN	F	0.69%
NRIM	D	0.68%
BSRR	D	0.68%
KODK	F	0.66%
SD	F	0.66%
CWCO	F	0.66%
PLPC	A	0.66%
ODC	C	0.65%
NECB	B	0.65%
TCMD	A	0.65%
OPY	A	0.64%
ITIC	B	0.64%
GLRE	C	0.64%
LGTY	B	0.63%
FMAO	A	0.63%
CRCT	B	0.62%
HNRG	B	0.61%
CENT	D	0.6%
NEWT	B	0.6%
HVT	F	0.59%
ARTNA	F	0.58%
DCGO	B	0.57%
LOCO	D	0.56%
MOV	F	0.56%
ACIC	A	0.55%
VPG	F	0.54%
LEGH	C	0.53%
NGVC	B	0.53%
INBK	C	0.53%
SIGA	D	0.53%
SENEA	A	0.52%
RM	D	0.5%
REPX	F	0.46%
AMPY	F	0.46%
JRVR	F	0.44%
PKOH	D	0.44%
AVNW	F	0.43%
HRTG	D	0.43%
MCFT	D	0.42%
MITT	D	0.4%
TASK	B	0.39%
RCKY	F	0.38%
FLXS	A	0.38%
FSTR	F	0.37%
LSEA	F	0.36%
PWOD	A	0.36%
NGS	F	0.35%
EML	C	0.34%
KRT	C	0.34%
VLGEA	D	0.34%
HBB	C	0.34%
JILL	F	0.33%
REI	F	0.32%
ACTG	D	0.32%
SGC	B	0.32%
EARN	D	0.31%
NATR	D	0.29%
FF	B	0.29%
TAYD	C	0.28%
LAKE	F	0.25%
BBCP	D	0.25%
LWAY	B	0.25%
ACU	F	0.24%
VIRC	D	0.24%
PEBK	D	0.23%
ESOA	A	0.23%
TWIN	D	0.23%
BTMD	D	0.21%
FEIM	C	0.2%
INTT	C	0.17%
CSPI	F	0.14%
KEQU	D	0.12%

FDM Underweight 60 Positions Relative to ECML

Symbol	Grade	Weight
CALM	B	-2.19%
MLI	A	-2.15%
GRBK	D	-2.04%
TOL	C	-1.98%
ALSN	A	-1.97%
HSII	A	-1.93%
PHM	D	-1.83%
SIRI	C	-1.82%
INGR	C	-1.81%
TMHC	A	-1.81%
GIII	C	-1.8%
COKE	D	-1.78%
KBH	D	-1.76%
FOXA	A	-1.76%
SM	F	-1.73%
TPH	D	-1.72%
PPC	A	-1.71%
OSK	C	-1.7%
GPI	C	-1.7%
MHO	D	-1.7%
DHI	D	-1.68%
OC	B	-1.66%
OVV	F	-1.64%
STLD	A	-1.63%
LEN	D	-1.63%
LNG	A	-1.62%
EOG	D	-1.62%
CEIX	A	-1.62%
TEX	F	-1.61%
DVN	F	-1.61%
MO	A	-1.6%
HESM	D	-1.6%
COP	D	-1.59%
ATKR	F	-1.59%
VLO	F	-1.56%
ARW	D	-1.56%
CF	B	-1.56%
PCAR	C	-1.54%
PRDO	B	-1.54%
DDS	C	-1.53%
AN	F	-1.53%
DINO	F	-1.52%
MTH	D	-1.52%
PLAB	F	-1.51%
BCC	D	-1.51%
MPC	F	-1.5%
NUE	F	-1.5%
ANDE	F	-1.48%
CMC	A	-1.48%
ARCH	B	-1.47%
SANM	A	-1.47%
HCC	A	-1.46%
BG	F	-1.45%
LBRT	F	-1.44%
LPG	F	-1.42%
INSW	F	-1.38%
IMKTA	D	-1.36%
AMR	F	-1.32%
FOR	F	-1.3%
MOH	D	-1.28%