FPAG vs. FTXO ETF Comparison

Comparison of FPA Global Equity ETF (FPAG) to First Trust Nasdaq Bank ETF (FTXO)

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

$30.99

Average Daily Volume

28,017

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FTXO

First Trust Nasdaq Bank ETF

FTXO 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 Nasdaq US Smart Banks Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depository receipts that comprise the underlying index. The index is designed to provide exposure to U.S. companies comprising the banking sector that have been selected based upon their liquidity and weighted based upon their cumulative score on three investing factors: volatility, value and growth. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.83

Average Daily Volume

46,050

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FPAG	FTXO
30 Days	1.22%	13.90%
60 Days	1.82%	19.71%
90 Days	1.89%	19.45%
12 Months	23.71%	64.59%

2 Overlapping Holdings

	Symbol	Grade	Weight in FPAG	Weight in FTXO	Overlap
	C	A	4.88%	7.61%	4.88%
	WFC	A	3.66%	8.79%	3.66%

FPAG Overweight 23 Positions Relative to FTXO

Symbol	Grade	Weight
GOOGL	C	6.38%
META	D	5.35%
ADI	D	5.13%
CMCSA	B	4.78%
TEL	B	4.58%
GOOG	C	4.17%
IFF	D	3.84%
AMZN	C	3.39%
AON	A	2.69%
AVGO	D	2.26%
NXPI	D	2.21%
KMX	B	1.85%
CHTR	C	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	D	1.16%
NFLX	A	0.66%
BABA	D	0.29%
PCG	A	0.21%

FPAG Underweight 48 Positions Relative to FTXO

Symbol	Grade	Weight
BAC	A	-7.89%
USB	A	-7.5%
JPM	A	-7.48%
MTB	A	-4.33%
FCNCA	A	-3.89%
PNC	B	-3.85%
CFG	B	-3.74%
HBAN	A	-3.72%
FITB	A	-3.48%
RF	A	-3.32%
KEY	B	-2.54%
WBS	A	-1.98%
FHN	A	-1.91%
EWBC	A	-1.64%
PB	A	-1.48%
PNFP	B	-1.33%
WAL	B	-1.19%
WTFC	A	-1.13%
ZION	B	-1.13%
COLB	A	-1.12%
SSB	B	-1.12%
ONB	B	-1.06%
BOKF	B	-1.05%
SNV	B	-1.03%
OZK	B	-0.99%
UBSI	B	-0.95%
BPOP	B	-0.91%
CFR	B	-0.82%
HOMB	A	-0.78%
HWC	B	-0.76%
ABCB	B	-0.71%
UMBF	B	-0.68%
CBSH	A	-0.61%
CATY	B	-0.59%
BKU	A	-0.52%
FULT	A	-0.52%
BANF	B	-0.51%
SFBS	B	-0.51%
IBOC	A	-0.51%
AX	A	-0.51%
WSFS	A	-0.49%
CBU	B	-0.49%
FFIN	B	-0.49%
PRK	B	-0.48%
FFBC	A	-0.48%
TBBK	B	-0.47%
FBP	B	-0.43%
WAFD	B	-0.43%