FDM vs. PHO ETF Comparison

Comparison of First Trust DJ Select MicroCap ETF (FDM) to Invesco Water Resources ETF (PHO)

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

$70.66

Average Daily Volume

14,185

Number of Holdings ^*

131

* may have additional holdings in another (foreign) market

PHO

Invesco Water Resources ETF

PHO Description

The PowerShares Water Resources Portfolio (Fund) is based on the NASDAQ OMX US Water Index. The Fund generally will invest at least 90% of its total assets in common stocks and American depositary receipts (ADRs) of companies in the water industry that comprise the Underlying Index. The Underlying Index seeks to track the performance of US exchange-listed companies that create products designed to conserve and purify water for homes, businesses and industries. The Fund and the Index are rebalanced quarterly and reconstituted annually in April.

Grade (RS Rating)

Last Trade

$70.38

Average Daily Volume

70,557

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDM	PHO
30 Days	9.24%	1.05%
60 Days	10.59%	1.63%
90 Days	10.60%	0.98%
12 Months	28.88%	26.54%

3 Overlapping Holdings

Symbol	Grade	Weight in FDM	Weight in PHO	Overlap
ARTNA	F	0.56%	0.15%	0.15%
CWCO	C	0.64%	0.13%	0.13%
NWPX	A	0.92%	0.09%	0.09%

FDM Overweight 128 Positions Relative to PHO

Symbol	Grade	Weight
LEU	C	1.98%
TPB	B	1.79%
VMEO	B	1.78%
LMB	B	1.59%
ASTE	C	1.48%
BJRI	C	1.47%
CPF	B	1.46%
GLDD	B	1.42%
IBCP	B	1.38%
ASIX	B	1.38%
HCKT	B	1.35%
HAYN	A	1.34%
MLR	C	1.34%
NBN	C	1.16%
ETD	C	1.15%
ANET	C	1.14%
RGR	F	1.13%
PTLO	F	1.13%
IMXI	B	1.13%
MCB	B	1.1%
SMBC	B	1.08%
EZPW	B	1.08%
SPTN	D	1.06%
SNCY	C	1.05%
SWBI	C	1.02%
PLOW	D	1.01%
DAKT	C	1.01%
UVE	B	1.0%
WLFC	B	0.99%
LQDT	B	0.97%
EGY	D	0.96%
WLDN	C	0.96%
CCBG	B	0.92%
LYTS	B	0.92%
MPB	B	0.88%
SHBI	B	0.86%
KELYA	F	0.85%
CSV	B	0.85%
KE	C	0.85%
AROW	B	0.84%
EE	A	0.82%
DHIL	B	0.82%
ESQ	B	0.82%
MOFG	B	0.82%
NRIM	A	0.81%
ARKO	C	0.8%
TIPT	C	0.8%
LINC	C	0.79%
TTI	B	0.79%
LXU	B	0.78%
TRDA	C	0.77%
CCSI	C	0.77%
HNRG	B	0.75%
FISI	B	0.73%
FC	F	0.71%
FMAO	B	0.7%
ITIC	A	0.7%
PLPC	B	0.69%
BSRR	B	0.69%
WRLD	C	0.68%
CMPO	B	0.68%
NPK	B	0.68%
NECB	C	0.67%
USAP	B	0.67%
DCGO	B	0.65%
GLRE	B	0.65%
TCMD	B	0.65%
SD	D	0.65%
LGTY	C	0.63%
ODC	B	0.62%
RMR	F	0.62%
OPY	B	0.62%
CENT	C	0.61%
NGVC	A	0.6%
NEWT	C	0.6%
KODK	B	0.59%
INBK	B	0.57%
REPX	A	0.55%
ACIC	B	0.55%
CCRN	F	0.55%
SENEA	A	0.53%
LOCO	D	0.53%
MOV	D	0.53%
HVT	D	0.52%
LEGH	D	0.5%
RM	C	0.48%
MCFT	C	0.47%
VPG	F	0.46%
PKOH	C	0.46%
SIGA	F	0.45%
AMPY	C	0.44%
HRTG	C	0.44%
CRCT	F	0.44%
FSTR	B	0.43%
TASK	C	0.41%
NGS	B	0.41%
PWOD	A	0.37%
VLGEA	C	0.37%
KRT	B	0.36%
FLXS	B	0.35%
MITT	D	0.35%
NATR	C	0.34%
JILL	C	0.33%
SGC	C	0.33%
LSEA	D	0.33%
JRVR	F	0.31%
REI	D	0.3%
EML	D	0.29%
RCKY	F	0.28%
EARN	C	0.28%
ACTG	D	0.28%
ESOA	B	0.27%
AVNW	F	0.27%
BTMD	B	0.26%
VIRC	B	0.25%
FF	F	0.24%
ACU	C	0.24%
PEBK	B	0.24%
TAYD	D	0.24%
LAKE	B	0.24%
TWIN	F	0.23%
BBCP	D	0.23%
HBB	F	0.21%
LWAY	C	0.2%
FEIM	B	0.19%
INTT	C	0.16%
KEQU	B	0.14%
CSPI	C	0.14%

FDM Underweight 33 Positions Relative to PHO

Symbol	Grade	Weight
ROP	B	-8.0%
ECL	D	-7.84%
XYL	D	-6.17%
VLTO	C	-6.02%
PNR	A	-4.83%
IEX	C	-4.46%
ACM	B	-4.32%
WAT	C	-4.19%
ITRI	C	-4.01%
AWK	C	-3.79%
CNM	D	-3.58%
TTC	C	-3.54%
AOS	F	-3.49%
WMS	F	-3.39%
MLI	B	-2.91%
TTEK	F	-2.8%
VMI	B	-2.67%
WTRG	B	-2.61%
WTS	B	-1.86%
ZWS	B	-1.71%
BMI	B	-1.67%
MWA	B	-1.42%
SBS	B	-1.16%
AWR	B	-0.88%
FELE	B	-0.86%
CWT	C	-0.74%
LNN	B	-0.67%
SJW	F	-0.54%
MSEX	C	-0.43%
ERII	D	-0.36%
GRC	A	-0.23%
YORW	F	-0.11%
GWRS	B	-0.02%