FTIF vs. COWS ETF Comparison

Comparison of First Trust Bloomberg Inflation Sensitive Equity ETF (FTIF) to Amplify Cash Flow Dividend Leaders ETF (COWS)

FTIF

First Trust Bloomberg Inflation Sensitive Equity ETF

FTIF Description

Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in the common stocks that comprise the index. The fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the total return performance of the index, which includes dividends paid by the common stocks in the index. The index is a rules-based index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$23.93

Average Daily Volume

578

Number of Holdings ^*

* may have additional holdings in another (foreign) market

COWS

Amplify Cash Flow Dividend Leaders ETF

COWS Description

COWS is an index tracking fund utilizing a replication strategy. The index strategy aims to invest in US stocks of companies perceived to be stable and pay dividends. The starting investment universe considers the 1000 most liquid US-listed companies, excluding the financial sector. Filtering this universe, the 100 highest ranked free cash flow yielding stocks, as measured by equally weighting the stocks average trailing and forward cash flow yield. Companies with no forward estimates for free cash flow yields or earnings are removed. The investment universe is then filtered to identify dividend paying stocks with three years of uninterrupted dividend growth. Stocks with a payout ratio greater than 75% are eliminated. The top 10% of dividend yielding stocks are selected for the index. This process results in 40-100 stocks being selected and initially equally weighted in the index. Industry exposure is capped at 24%. Index holdings are reconstituted and rebalanced on a quarterly basis.

Grade (RS Rating)

Last Trade

$31.69

Average Daily Volume

6,514

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FTIF	COWS
30 Days	3.56%	8.32%
60 Days	2.96%	7.64%
90 Days	2.33%	8.17%
12 Months	15.55%	29.39%

9 Overlapping Holdings

Symbol	Grade	Weight in FTIF	Weight in COWS	Overlap
CF	B	2.25%	2.48%	2.25%
DVN	F	1.61%	1.48%	1.48%
HAL	C	1.73%	2.43%	1.73%
MGY	A	2.09%	1.73%	1.73%
MRO	B	1.96%	2.49%	1.96%
MUR	D	1.57%	1.72%	1.57%
SLB	C	1.79%	2.48%	1.79%
SM	B	1.99%	2.02%	1.99%
VLO	C	1.74%	1.89%	1.74%

FTIF Overweight 39 Positions Relative to COWS

Symbol	Grade	Weight
CMI	A	2.56%
IP	B	2.56%
PKG	A	2.51%
JLL	D	2.5%
PWR	A	2.47%
WAB	B	2.41%
RTX	C	2.31%
SPG	B	2.28%
LMT	D	2.27%
OHI	C	2.26%
CAT	B	2.26%
KEYS	A	2.19%
DOV	A	2.18%
RGLD	C	2.17%
PCAR	B	2.17%
RS	B	2.13%
EOG	A	2.09%
CSX	B	2.07%
LAMR	D	2.07%
UNP	C	2.02%
ESI	A	2.02%
EMN	D	2.0%
AMH	D	1.96%
WPC	D	1.94%
COP	C	1.92%
HST	C	1.89%
UPS	C	1.89%
IFF	D	1.82%
CHX	C	1.81%
MPC	D	1.78%
FANG	D	1.78%
MOS	F	1.77%
LYB	F	1.68%
DOW	F	1.63%
WMS	D	1.59%
DINO	D	1.55%
APA	D	1.49%
WFRD	D	1.32%
PBF	D	1.31%

FTIF Underweight 44 Positions Relative to COWS

Symbol	Grade	Weight
VST	B	-4.0%
SNA	A	-2.95%
OC	A	-2.76%
G	B	-2.68%
CMCSA	B	-2.56%
BC	C	-2.42%
FNF	B	-2.35%
FDX	B	-2.31%
EBAY	D	-2.3%
TPR	B	-2.21%
WSM	B	-2.17%
TKR	D	-2.13%
BMY	B	-2.07%
ALSN	B	-2.03%
PARA	C	-2.02%
PVH	C	-1.95%
PTEN	C	-1.93%
NXST	C	-1.86%
SWKS	F	-1.84%
BEN	C	-1.8%
BBWI	D	-1.75%
NOV	C	-1.74%
PR	B	-1.74%
MTDR	B	-1.67%
GAP	C	-1.67%
ASO	F	-1.63%
T	A	-1.6%
MCK	B	-1.48%
VNT	B	-1.46%
OLN	D	-1.45%
TMUS	B	-1.43%
DNB	B	-1.43%
AYI	B	-1.4%
BWA	D	-1.37%
CSCO	B	-1.34%
AEO	F	-1.33%
LEA	D	-1.33%
RL	B	-1.29%
OGN	D	-1.29%
OSK	B	-1.27%
INGR	B	-1.25%
IPG	D	-1.23%
SAIC	F	-1.19%
ENS	D	-1.12%