FPX vs. XMLV ETF Comparison

Comparison of First Trust IPOX-100 Index Fund (FPX) to PowerShares S&P MidCap Low Volatility Portfolio (XMLV)

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

$109.30

Average Daily Volume

19,690

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XMLV

PowerShares S&P MidCap Low Volatility Portfolio

XMLV Description

The PowerShares S&P MidCap Low Volatility Portfolio (Fund) is based on the S&P MidCap 400 Low Volatility Index (Index). The Fund generally will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poor's, consisting of 80 out of 400 medium-capitalization range securities from the S&P MidCap 400 Index with the lowest realized volatility over the past 12 months. Volatility is a statistical measurement of the magnitude of up and down asset price fluctuations over time. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$60.59

Average Daily Volume

44,251

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FPX	XMLV
30 Days	6.95%	0.95%
60 Days	16.21%	4.86%
90 Days	9.01%	11.61%
12 Months	33.58%	27.51%

1 Overlapping Holdings

	Symbol	Grade	Weight in FPX	Weight in XMLV	Overlap
	DTM	A	1.34%	1.49%	1.34%

FPX Overweight 83 Positions Relative to XMLV

Symbol	Grade	Weight
CARR	B	7.94%
IOT	C	7.02%
REGN	D	6.59%
PLTR	A	4.55%
CEG	A	4.44%
DASH	B	3.85%
KVUE	C	3.39%
GEV	A	3.06%
APP	A	2.86%
DUOL	B	2.42%
CRWD	D	2.25%
RBLX	D	1.88%
ABNB	D	1.75%
PCVX	C	1.66%
TPG	B	1.58%
RKT	D	1.42%
VRT	B	1.39%
DKNG	D	1.25%
VLTO	A	1.21%
CR	C	1.19%
HOOD	C	1.13%
COIN	F	0.97%
RYAN	A	0.95%
GEHC	C	0.94%
CRBG	B	0.94%
FNF	B	0.93%
OWL	A	0.93%
NSIT	B	0.92%
JXN	A	0.9%
KNF	C	0.88%
HQY	C	0.86%
SNOW	F	0.84%
NRG	A	0.82%
VERX	A	0.79%
AZEK	C	0.74%
TOST	B	0.7%
THC	D	0.7%
UTHR	C	0.7%
ESAB	C	0.7%
OSCR	C	0.67%
COHR	A	0.6%
NUVL	B	0.58%
COOP	B	0.58%
GKOS	C	0.55%
SOLV	C	0.53%
DOCS	A	0.53%
ACT	C	0.49%
RDDT	B	0.48%
PSN	A	0.48%
KNTK	A	0.47%
TMDX	D	0.46%
CNX	A	0.43%
ACLX	C	0.39%
NPAB	D	0.39%
SLVM	C	0.38%
PRCT	C	0.36%
LNW	F	0.35%
BSY	D	0.34%
FOUR	B	0.34%
SGBX	F	0.31%
RVMD	B	0.3%
ROIV	D	0.3%
ZETA	B	0.3%
PECO	C	0.3%
STEP	A	0.29%
KYMR	D	0.27%
RBRK	D	0.25%
KRYS	D	0.23%
RNA	B	0.23%
OGN	F	0.22%
BROS	F	0.22%
LTH	C	0.22%
CRDO	B	0.22%
ITRI	C	0.21%
VRRM	D	0.2%
KROS	B	0.19%
PHIN	D	0.18%
RXST	F	0.17%
INTA	C	0.16%
DYN	D	0.16%
ACVA	C	0.15%
GRND	D	0.14%
FA	A	0.13%

FPX Underweight 78 Positions Relative to XMLV

Symbol	Grade	Weight
ATR	A	-1.69%
CW	A	-1.65%
SEIC	B	-1.56%
VOYA	A	-1.5%
CACI	A	-1.45%
INGR	B	-1.41%
EHC	B	-1.4%
FHI	C	-1.4%
PNM	B	-1.4%
ORI	B	-1.39%
DCI	C	-1.38%
RGA	C	-1.37%
AM	A	-1.37%
OGE	A	-1.35%
THG	C	-1.35%
SON	D	-1.34%
IDA	D	-1.33%
GGG	C	-1.33%
SF	A	-1.33%
EPR	C	-1.33%
GLPI	A	-1.32%
POST	D	-1.32%
NWE	B	-1.31%
ADC	B	-1.31%
MDU	C	-1.31%
NJR	C	-1.3%
NNN	A	-1.29%
IBKR	A	-1.28%
GNTX	D	-1.28%
CHE	C	-1.28%
ESNT	C	-1.28%
AFG	B	-1.28%
RLI	A	-1.27%
HLI	B	-1.27%
SR	D	-1.27%
ACM	A	-1.26%
OHI	C	-1.26%
G	A	-1.24%
AMG	B	-1.24%
FLS	B	-1.24%
AMH	D	-1.24%
USFD	C	-1.23%
EGP	D	-1.23%
UNM	A	-1.22%
FLO	D	-1.22%
RPM	B	-1.22%
PRI	A	-1.21%
ELS	D	-1.21%
MTG	B	-1.2%
JEF	A	-1.2%
NFG	A	-1.19%
JHG	B	-1.19%
ALE	A	-1.18%
SNX	D	-1.18%
POR	D	-1.18%
OGS	C	-1.17%
FR	D	-1.17%
SBRA	C	-1.17%
STAG	D	-1.16%
BRX	C	-1.15%
LSTR	F	-1.15%
AVT	C	-1.14%
GEF	D	-1.14%
SLGN	C	-1.14%
MMS	C	-1.14%
TXRH	C	-1.13%
BKH	C	-1.13%
MSA	F	-1.13%
MAN	D	-1.09%
PPC	D	-1.09%
NYT	C	-1.08%
NEU	F	-1.08%
KBR	B	-1.08%
DLB	C	-1.07%
GATX	F	-1.05%
MUSA	D	-1.04%
WTRG	D	-1.01%
CHRD	F	-0.89%