FPX vs. TGLR ETF Comparison

Comparison of First Trust IPOX-100 Index Fund (FPX) to LAFFER TENGLER Equity Income ETF (TGLR)

FPX

First Trust IPOX-100 Index Fund

FPX 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 IPOX(R)-100 U.S. Index. 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 index is a modified, value-weighted price index measuring the performance of the top U.S. companies ranked quarterly by market capitalization in the IPOX(R) Global Composite Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$128.47

Average Daily Volume

15,580

Number of Holdings ^*

* may have additional holdings in another (foreign) market

TGLR

LAFFER TENGLER Equity Income ETF

TGLR Description

TGLR aims to provide long-term capital appreciation by actively selecting between 25-35 US large-cap stocks. The stocks selected are expected to produce above-market dividend yield with low turnover. The strategy is based on two valuation metrics the sub-adviser believes to be consistent indicators of company value: relative dividend yield and relative price-to-sales ratio. The metrics help determine over- and under valuation, security by security. The sub-adviser then conducts proprietary fundamental factor research to identify stocks for portfolio selection. The research considers both qualitative and quantitative factors such as: catalyst for outperformance, franchise value and market growth, firm management, sales or revenue growth, margins, positive free cash flow, dividend growth, P/E, asset turnover, leverage, and risk. The primary indicator for a stock sell is when the stocks dividend yield is lower than the S&P 500 Index, a sell range is determined.

Grade (RS Rating)

Last Trade

$30.88

Average Daily Volume

2,371

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FPX	TGLR
30 Days	14.38%	3.29%
60 Days	16.44%	4.83%
90 Days	23.89%	7.46%
12 Months	47.61%	30.96%

1 Overlapping Holdings

	Symbol	Grade	Weight in FPX	Weight in TGLR	Overlap
	CARR	D	6.73%	4.14%	4.14%

FPX Overweight 83 Positions Relative to TGLR

Symbol	Grade	Weight
IOT	A	6.76%
PLTR	B	6.59%
APP	B	5.68%
REGN	F	4.46%
DASH	A	4.27%
GEV	B	3.56%
CEG	D	3.51%
KVUE	A	3.15%
CRWD	B	2.52%
DUOL	A	2.51%
RBLX	C	2.04%
ABNB	C	1.69%
TPG	A	1.64%
VRT	B	1.54%
DTM	B	1.54%
HOOD	B	1.42%
COIN	C	1.38%
PCVX	D	1.22%
CR	A	1.19%
DKNG	B	1.19%
VLTO	D	1.01%
OWL	A	0.99%
VERX	B	0.92%
RKT	F	0.92%
RYAN	B	0.92%
HQY	B	0.91%
CRBG	B	0.9%
TOST	B	0.9%
JXN	C	0.9%
RDDT	B	0.87%
SNOW	C	0.86%
KNF	A	0.85%
FNF	B	0.83%
ESAB	B	0.76%
NRG	B	0.75%
GEHC	F	0.75%
UTHR	C	0.68%
AZEK	A	0.67%
THC	D	0.62%
COHR	B	0.61%
NSIT	F	0.59%
DOCS	C	0.58%
COOP	B	0.56%
KNTK	B	0.54%
GKOS	B	0.53%
NUVL	D	0.47%
SOLV	C	0.47%
CNX	A	0.46%
OSCR	D	0.45%
ACT	D	0.42%
PSN	D	0.42%
ACLX	C	0.41%
NPAB	B	0.37%
FOUR	B	0.35%
PRCT	B	0.35%
RVMD	C	0.34%
SLVM	B	0.34%
LNW	D	0.33%
RBRK	A	0.32%
STEP	B	0.31%
BROS	B	0.29%
BSY	D	0.29%
CRDO	B	0.28%
PECO	A	0.28%
SGBX	F	0.27%
ROIV	C	0.27%
KYMR	D	0.24%
RNA	D	0.23%
TMDX	F	0.23%
ITRI	B	0.21%
KRYS	B	0.2%
LTH	C	0.19%
KROS	D	0.18%
PHIN	A	0.18%
INTA	A	0.17%
OGN	D	0.16%
ZETA	D	0.16%
GRND	A	0.15%
VRRM	D	0.15%
RXST	F	0.14%
ACVA	B	0.13%
DYN	F	0.12%
FA	C	0.1%

FPX Underweight 28 Positions Relative to TGLR

Symbol	Grade	Weight
ORCL	B	-6.28%
AXP	A	-4.92%
WMT	A	-4.63%
JPM	A	-4.49%
AVGO	D	-4.35%
MSFT	F	-4.18%
HD	A	-4.12%
GS	A	-3.91%
MCD	D	-3.79%
RTX	C	-3.68%
ABBV	D	-3.62%
TXN	C	-3.16%
EMR	A	-3.16%
CVX	A	-3.16%
LHX	C	-3.01%
STLD	B	-2.95%
SBUX	A	-2.89%
JNJ	D	-2.86%
EOG	A	-2.81%
GOOGL	C	-2.58%
DELL	C	-2.53%
NXPI	D	-2.49%
AAPL	C	-2.44%
PLD	D	-2.28%
LRCX	F	-2.2%
PEP	F	-2.09%
MDT	D	-2.02%
NEE	D	-1.76%