FTLS vs. DBAW ETF Comparison

Comparison of First Trust Long/Short Equity (FTLS) to db X-trackers MSCI All World ex US Hedged Equity Fund (DBAW)

FTLS

First Trust Long/Short Equity

FTLS Description

The investment seeks to provide investors with long-term total return. Under normal circumstances, at least 80% of the fund's assets (plus the amount of any borrowing for investment purposes) will be exposed to U.S. exchange-listed equity securities of U.S. and foreign companies by investing in such securities directly and/or in U.S. exchange-traded funds ("ETFs") that provide exposure to such securities. It may invest up to 20% of its net assets (plus the amount of any borrowing for investment purposes) in U.S. exchange-listed equity index futures contracts. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$65.48

Average Daily Volume

126,492

Number of Holdings ^*

384

* may have additional holdings in another (foreign) market

DBAW

db X-trackers MSCI All World ex US Hedged Equity Fund

DBAW Description

The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI ACWI ex USA US Dollar Hedged Index. The fund, using a "passive" or indexing investment approach, attempts to approximate the investment performance of the underlying index. The underlying index is designed to provide exposure to equity securities in developed and emerging stock markets (excluding the United States), while at the same time mitigating exposure to fluctuations between the value of the U.S. dollar and selected non-U.S. currencies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.14

Average Daily Volume

12,179

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FTLS	DBAW
30 Days	1.66%	-2.00%
60 Days	5.06%	2.34%
90 Days	4.24%	2.03%
12 Months	21.01%	17.95%

16 Overlapping Holdings

Symbol	Grade	Weight in FTLS	Weight in DBAW	Overlap
AER	B	-0.02%	0.07%	-0.02%
BABA	D	-0.32%	0.64%	-0.32%
BVN	F	-0.03%	0.01%	-0.03%
CCEP	C	-0.23%	0.05%	-0.23%
DEO	F	-0.23%	0.23%	-0.23%
ERJ	B	-0.04%	0.02%	-0.04%
GLBE	B	0.16%	0.01%	0.01%
HDB	C	-0.39%	0.29%	-0.39%
LOGI	F	0.14%	0.04%	0.04%
MUFG	A	-0.07%	0.44%	-0.07%
NVS	F	0.43%	0.72%	0.43%
OTEX	F	0.06%	0.03%	0.03%
SE	B	-0.07%	0.12%	-0.07%
TM	F	-0.15%	0.63%	-0.15%
UL	D	-0.31%	0.5%	-0.31%
WFG	C	0.06%	0.02%	0.02%

FTLS Overweight 368 Positions Relative to DBAW

Symbol	Grade	Weight
AAPL	C	7.52%
NVDA	A	4.98%
MSFT	C	4.5%
AMZN	A	2.75%
TMUS	A	2.29%
C	B	2.21%
LOW	B	2.16%
ACN	B	2.13%
SCHW	B	2.09%
QCOM	F	2.01%
JNJ	D	1.94%
PM	B	1.88%
META	B	1.84%
FDX	B	1.66%
PH	A	1.65%
CME	B	1.58%
MO	A	1.48%
GOOGL	C	1.46%
VLO	C	1.41%
MPC	D	1.35%
USB	B	1.34%
ILMN	C	1.25%
KMI	B	1.23%
GOOG	C	1.22%
CL	F	1.17%
AVGO	C	1.16%
LNG	B	1.15%
CTAS	B	1.12%
BRK.A	B	1.12%
TRV	B	1.05%
TFC	B	1.03%
HPQ	B	1.03%
FIS	B	0.99%
HWM	B	0.97%
JPM	A	0.92%
SYY	D	0.86%
LLY	F	0.86%
ALL	B	0.86%
FANG	C	0.84%
SYF	B	0.8%
NTAP	D	0.79%
JBL	C	0.79%
PBR	D	0.72%
RL	B	0.71%
TWLO	B	0.7%
AFL	C	0.69%
TOL	B	0.66%
EAT	B	0.63%
CSL	B	0.6%
NVR	D	0.56%
CF	B	0.55%
PNR	A	0.55%
INSM	C	0.55%
VLTO	D	0.5%
BJ	B	0.49%
FLEX	B	0.48%
MAS	D	0.47%
CROX	F	0.46%
OKTA	C	0.46%
VRSN	C	0.46%
ZIM	B	0.45%
GEN	B	0.45%
SWK	F	0.44%
NTRS	A	0.43%
GL	B	0.41%
VICI	D	0.4%
CAG	F	0.4%
FFIV	B	0.4%
PENN	B	0.39%
DBX	B	0.36%
EXP	B	0.36%
CRS	B	0.35%
TTC	F	0.34%
SNA	A	0.33%
TKO	D	0.32%
WRB	B	0.32%
CCK	D	0.31%
LPX	A	0.31%
ALLY	C	0.31%
JAZZ	B	0.3%
PI	D	0.3%
AYI	A	0.29%
ASO	F	0.29%
SCHV	A	0.27%
IWD	A	0.27%
SPYV	A	0.26%
RPRX	F	0.25%
EWBC	B	0.25%
CNK	B	0.24%
WHD	B	0.22%
AIZ	A	0.22%
KNSL	C	0.21%
HRB	D	0.21%
MSM	C	0.21%
UHS	D	0.2%
SAM	B	0.2%
EXEL	B	0.2%
ALSN	B	0.2%
MGY	B	0.2%
TWST	F	0.19%
COLB	A	0.18%
THO	B	0.18%
ADMA	C	0.17%
ALKS	C	0.17%
SKYW	B	0.16%
CALM	B	0.16%
UMBF	B	0.16%
PNFP	B	0.16%
SFM	B	0.16%
STNG	F	0.16%
MATX	B	0.15%
PRI	B	0.15%
CRC	B	0.15%
LEG	F	0.14%
AXS	A	0.14%
CBT	C	0.14%
BFH	B	0.14%
ORI	A	0.14%
MTG	C	0.13%
GMS	B	0.13%
VRNA	C	0.13%
CSWI	B	0.13%
GM	B	0.13%
PAA	C	0.13%
SIGI	B	0.13%
OPCH	F	0.12%
WGO	B	0.12%
KRG	B	0.12%
PPC	C	0.12%
GFF	B	0.12%
FTDR	B	0.12%
ZWS	B	0.12%
BFAM	F	0.12%
CBSH	A	0.12%
NSA	D	0.11%
ABM	B	0.11%
MMS	F	0.11%
ENLC	A	0.11%
HESM	C	0.11%
AM	B	0.11%
SMPL	B	0.11%
GBCI	B	0.1%
TBBK	B	0.1%
GRBK	D	0.1%
THG	A	0.1%
LOPE	B	0.1%
YOU	D	0.1%
EXTR	C	0.1%
TCBI	B	0.1%
RDFN	D	0.1%
ESNT	D	0.09%
PRGS	A	0.09%
DBRG	F	0.09%
PAYO	B	0.09%
KFY	B	0.09%
VCYT	B	0.09%
FOLD	F	0.09%
LCII	D	0.09%
TXG	F	0.09%
AZZ	B	0.08%
KMPR	A	0.08%
UBSI	B	0.08%
PLXS	C	0.08%
HAYW	B	0.08%
RLI	A	0.08%
EPR	D	0.08%
BOH	B	0.08%
CARG	B	0.08%
LANC	C	0.08%
CUBI	B	0.08%
NMIH	D	0.07%
EBC	B	0.07%
FHB	B	0.07%
PBH	A	0.07%
BCRX	D	0.07%
REVG	B	0.07%
WMB	B	0.07%
AVNT	B	0.07%
AMPH	C	0.06%
GSL	F	0.06%
PLMR	A	0.06%
ADUS	D	0.06%
BRC	B	0.06%
AUB	A	0.06%
ICFI	C	0.06%
MQ	F	0.06%
ROIC	A	0.06%
SUPN	C	0.06%
MYGN	F	0.05%
COLL	F	0.05%
TRMD	F	0.05%
CDNA	D	0.04%
VIST	B	-0.02%
CBU	B	-0.02%
HLN	D	-0.02%
DNB	B	-0.02%
SAIA	B	-0.02%
COTY	D	-0.02%
KD	A	-0.02%
RIVN	F	-0.02%
FRO	D	-0.02%
COHR	C	-0.02%
UWMC	F	-0.02%
WOLF	F	-0.02%
HON	B	-0.02%
NVEE	F	-0.02%
LKFN	B	-0.02%
ARM	D	-0.02%
IBOC	B	-0.02%
RUN	F	-0.02%
VSAT	F	-0.02%
ASPN	F	-0.02%
EA	A	-0.02%
CVX	A	-0.02%
ENS	D	-0.02%
FSLR	F	-0.02%
TFIN	B	-0.03%
ALB	C	-0.03%
MARA	B	-0.03%
RCL	A	-0.03%
HHH	B	-0.03%
UTZ	F	-0.03%
ICHR	C	-0.03%
CNNE	C	-0.03%
NEOG	D	-0.03%
WMT	A	-0.03%
GE	D	-0.03%
GKOS	B	-0.03%
AMRC	F	-0.03%
RDY	F	-0.03%
CLH	B	-0.03%
BURL	C	-0.03%
NWSA	B	-0.03%
DIOD	F	-0.03%
ARLO	C	-0.03%
OSIS	B	-0.03%
PAR	B	-0.03%
PSMT	D	-0.03%
AZTA	F	-0.03%
SDGR	C	-0.03%
BE	B	-0.03%
RXST	F	-0.03%
TMO	F	-0.03%
AMD	F	-0.03%
BIRK	F	-0.03%
AMRK	F	-0.03%
FAST	B	-0.03%
GPRE	F	-0.03%
SLGN	B	-0.03%
ATEC	C	-0.04%
STZ	D	-0.04%
CTRA	B	-0.04%
CRDO	C	-0.04%
APPN	C	-0.04%
CFLT	B	-0.04%
AMAT	F	-0.04%
IRTC	C	-0.04%
UPST	B	-0.04%
EQT	B	-0.04%
FFIN	B	-0.04%
RH	C	-0.04%
PRCT	C	-0.04%
ENR	A	-0.04%
OSK	B	-0.04%
AEO	F	-0.05%
ACIW	B	-0.05%
ZD	B	-0.05%
ACVA	B	-0.05%
SOFI	B	-0.05%
VRRM	D	-0.05%
LYFT	B	-0.05%
LMND	B	-0.05%
GATX	B	-0.05%
TTD	B	-0.06%
COP	C	-0.06%
MSA	D	-0.06%
VAL	D	-0.06%
WST	B	-0.06%
AVAV	C	-0.07%
MMYT	C	-0.07%
APO	B	-0.07%
SSB	B	-0.07%
CDW	F	-0.07%
AVY	F	-0.07%
KTOS	B	-0.07%
HCA	D	-0.07%
DLB	D	-0.07%
DY	C	-0.08%
BA	F	-0.08%
VNT	C	-0.08%
NSIT	F	-0.09%
CCOI	C	-0.09%
TRMB	B	-0.09%
R	B	-0.09%
NXPI	F	-0.09%
MAT	C	-0.09%
HAE	B	-0.1%
ING	F	-0.1%
GPC	D	-0.1%
VVV	B	-0.1%
ARGX	B	-0.11%
STM	F	-0.11%
SLB	C	-0.12%
HII	F	-0.12%
IDCC	B	-0.13%
BKR	B	-0.13%
KEYS	C	-0.13%
STE	D	-0.13%
ABT	C	-0.14%
NFLX	A	-0.14%
HQY	B	-0.14%
ASX	F	-0.15%
PKG	B	-0.15%
INFY	C	-0.16%
SYK	A	-0.16%
VMC	B	-0.16%
GSK	F	-0.17%
IPG	F	-0.17%
EFX	F	-0.19%
BWXT	B	-0.19%
MU	D	-0.19%
GWRE	A	-0.2%
FMX	F	-0.21%
URI	B	-0.21%
HSBC	B	-0.22%
PCAR	B	-0.22%
PG	C	-0.25%
KR	A	-0.25%
TYL	B	-0.25%
PANW	B	-0.25%
OMC	A	-0.27%
SAP	B	-0.28%
GEHC	D	-0.28%
NSC	B	-0.28%
INTC	C	-0.3%
MMM	C	-0.3%
ISRG	A	-0.31%
SNPS	C	-0.31%
WAT	B	-0.31%
TTWO	A	-0.32%
LMT	D	-0.33%
MDLZ	F	-0.33%
NOW	A	-0.35%
ZBH	C	-0.36%
CMI	A	-0.36%
BK	B	-0.37%
TXN	B	-0.38%
ASML	D	-0.4%
MSI	B	-0.41%
MCD	C	-0.41%
UNH	B	-0.41%
XOM	B	-0.45%
WM	A	-0.46%
MLM	B	-0.49%
DE	D	-0.5%
PNC	B	-0.5%
VRSK	A	-0.54%
GD	C	-0.55%
PEP	D	-0.57%
ETN	B	-0.58%
PAYX	B	-0.58%
LIN	D	-0.6%
TSLA	B	-0.61%
DIS	B	-0.66%
CMCSA	B	-0.67%
APD	B	-0.69%
CDNS	B	-0.69%
ORCL	A	-0.82%

FTLS Underweight 71 Positions Relative to DBAW

Symbol	Grade	Weight
HSBH	A	-0.58%
SONY	C	-0.39%
SHOP	B	-0.35%
TD	D	-0.34%
ABBV	F	-0.31%
SMFG	A	-0.3%
PDD	F	-0.3%
IBN	C	-0.26%
CNI	F	-0.2%
MFG	A	-0.19%
BCS	B	-0.16%
LYG	D	-0.15%
NU	B	-0.15%
HMC	F	-0.14%
TCOM	C	-0.13%
VALE	F	-0.13%
E	F	-0.12%
GOLD	F	-0.11%
STLA	F	-0.1%
KB	C	-0.09%
BIDU	F	-0.09%
YUMC	C	-0.07%
UMC	F	-0.06%
NMR	B	-0.06%
SHG	D	-0.06%
TEVA	D	-0.06%
XRX	F	-0.05%
CHT	D	-0.05%
BEKE	C	-0.05%
CHKP	C	-0.05%
LI	F	-0.05%
RBA	B	-0.05%
BGNE	D	-0.04%
QGEN	D	-0.04%
MNDY	C	-0.04%
BAP	A	-0.04%
CYBR	B	-0.04%
WIT	B	-0.03%
XPEV	C	-0.03%
GRAB	B	-0.03%
HTHT	C	-0.03%
WIX	B	-0.03%
TME	F	-0.03%
SCCO	F	-0.03%
ABEV	D	-0.03%
KEP	B	-0.02%
BILI	C	-0.02%
GGB	B	-0.02%
VIPS	F	-0.02%
BCH	D	-0.02%
FUTU	C	-0.02%
AGCO	F	-0.02%
XP	F	-0.02%
NIO	F	-0.02%
ASAI	F	-0.02%
DOOO	F	-0.01%
ATHM	D	-0.01%
CSAN	F	-0.01%
LPL	F	-0.01%
STNE	F	-0.01%
BRFS	D	-0.01%
QFIN	C	-0.01%
SBSW	D	-0.01%
LEGN	F	-0.01%
BZ	F	-0.01%
TAL	D	-0.01%
MBAVU	C	-0.01%
IQ	F	-0.0%
KT	C	-0.0%
PAGS	F	-0.0%
SKM	D	-0.0%