FPAG vs. FTXL ETF Comparison

Comparison of FPA Global Equity ETF (FPAG) to First Trust Nasdaq Semiconductor ETF (FTXL)

FPAG

FPA Global Equity ETF

FPAG Description

Although the adviser has adopted a policy to invest at least 80% of its assets in equity securities, the adviser expects to invest, under normal circumstances, at least 95% of the fund?s assets in equity securities. The fund invests primarily in publicly traded common stocks of mid- and large-cap U.S. and non-U.S. companies, including companies in emerging market countries. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.94

Average Daily Volume

27,642

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FTXL

First Trust Nasdaq Semiconductor ETF

FTXL Description

The First Trust Nasdaq Semiconductor ETF is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before the Fund's fees and expenses, of an index called the Nasdaq US Smart Semiconductor Index. The Fund seeks to replicate the holdings and weightings of the Nasdaq US Smart Semiconductor Index so as to generate performance results 95% correlated to that of the Nasdaq US Smart Semiconductor Index.

Grade (RS Rating)

Last Trade

$88.84

Average Daily Volume

28,372

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FPAG	FTXL
30 Days	0.15%	-6.07%
60 Days	1.44%	-3.70%
90 Days	2.86%	-5.37%
12 Months	24.01%	20.61%

3 Overlapping Holdings

Symbol	Grade	Weight in FPAG	Weight in FTXL	Overlap
ADI	D	5.13%	3.81%	3.81%
AVGO	D	2.26%	8.81%	2.26%
NXPI	F	2.21%	3.57%	2.21%

FPAG Overweight 22 Positions Relative to FTXL

Symbol	Grade	Weight
GOOGL	B	6.38%
META	C	5.35%
C	B	4.88%
CMCSA	B	4.78%
TEL	C	4.58%
GOOG	B	4.17%
IFF	D	3.84%
WFC	A	3.66%
AMZN	B	3.39%
AON	B	2.69%
KMX	C	1.85%
CHTR	B	1.75%
KMI	A	1.72%
MAR	B	1.69%
FE	C	1.49%
HWM	A	1.29%
ICLR	D	1.26%
WAB	B	1.23%
UBER	F	1.16%
NFLX	A	0.66%
BABA	D	0.29%
PCG	A	0.21%

FPAG Underweight 28 Positions Relative to FTXL

Symbol	Grade	Weight
NVDA	A	-10.11%
INTC	C	-8.92%
AMAT	F	-7.7%
QCOM	F	-7.59%
MU	D	-4.4%
MRVL	B	-4.05%
TXN	C	-4.04%
LRCX	F	-3.75%
ON	F	-3.67%
MCHP	F	-3.33%
KLAC	F	-3.3%
AMKR	F	-3.24%
SWKS	F	-3.23%
AMD	F	-2.47%
AVT	C	-2.22%
COHR	B	-1.93%
TER	F	-1.57%
QRVO	F	-1.45%
MPWR	F	-1.26%
CRUS	F	-1.13%
RMBS	C	-0.74%
MTSI	B	-0.62%
PI	D	-0.6%
LSCC	F	-0.59%
SMTC	B	-0.58%
FORM	F	-0.45%
ONTO	F	-0.42%
ACLS	F	-0.39%