FTLS vs. DFAI ETF Comparison

Comparison of First Trust Long/Short Equity (FTLS) to Dimensional International Core Equity Market ETF (DFAI)

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

$66.17

Average Daily Volume

129,389

Number of Holdings ^*

384

* may have additional holdings in another (foreign) market

DFAI

Dimensional International Core Equity Market ETF

DFAI Description

The investment seeks to achieve long-term capital appreciation. The fund will invest in companies of all sizes, with increased exposure to smaller capitalization, lower relative price, and higher profitability companies as compared to their representation in the International Universe. As a non-fundamental policy, under normal circumstances, it will invest at least 80% of its net assets in equity securities. The Advisor may also increase or reduce the fund's exposure to an eligible company, or exclude a company, based on shorter-term considerations, such as a company's price momentum and investment characteristics.

Grade (RS Rating)

Last Trade

$29.79

Average Daily Volume

812,475

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FTLS	DFAI
30 Days	3.15%	-2.04%
60 Days	4.88%	-6.53%
90 Days	4.63%	-5.10%
12 Months	22.00%	9.99%

16 Overlapping Holdings

Symbol	Grade	Weight in FTLS	Weight in DFAI	Overlap
ARGX	B	-0.11%	0.04%	-0.11%
ASML	F	-0.41%	0.92%	-0.41%
CCEP	B	-0.23%	0.06%	-0.23%
DEO	F	-0.22%	0.27%	-0.22%
FRO	F	-0.02%	0.02%	-0.02%
LOGI	D	0.13%	0.06%	0.06%
MUFG	C	-0.07%	0.57%	-0.07%
NVS	D	0.41%	0.34%	0.34%
NVS	D	0.41%	0.75%	0.41%
OTEX	D	0.06%	0.04%	0.04%
SAP	B	-0.27%	0.0%	-0.27%
STM	F	-0.1%	0.05%	-0.1%
TM	F	-0.15%	0.93%	-0.15%
TRMD	F	0.05%	0.01%	0.01%
UL	D	-0.3%	0.65%	-0.3%
WFG	C	0.06%	0.03%	0.03%

FTLS Overweight 369 Positions Relative to DFAI

Symbol	Grade	Weight
AAPL	A	7.44%
NVDA	C	4.84%
MSFT	C	4.45%
AMZN	B	2.74%
TMUS	A	2.32%
SCHW	A	2.26%
C	B	2.18%
LOW	C	2.16%
ACN	B	2.11%
PM	A	1.92%
QCOM	F	1.88%
JNJ	D	1.85%
META	D	1.77%
FDX	B	1.69%
PH	A	1.64%
CME	A	1.57%
MO	A	1.51%
VLO	C	1.43%
GOOGL	C	1.4%
MPC	D	1.37%
USB	A	1.35%
KMI	B	1.23%
LNG	A	1.19%
CL	D	1.17%
GOOG	C	1.17%
BRK.A	B	1.13%
ILMN	C	1.13%
CTAS	A	1.09%
AVGO	D	1.06%
TRV	B	1.05%
TFC	B	1.02%
FIS	D	1.0%
HPQ	B	1.0%
HWM	B	0.97%
JPM	B	0.93%
ALL	A	0.88%
LLY	D	0.84%
SYY	C	0.83%
FANG	F	0.83%
SYF	A	0.79%
NTAP	B	0.75%
PBR	C	0.73%
JBL	C	0.73%
TWLO	B	0.72%
AFL	A	0.7%
RL	B	0.67%
EAT	A	0.65%
TOL	B	0.65%
CSL	B	0.6%
PNR	A	0.56%
CF	B	0.55%
NVR	D	0.55%
INSM	C	0.54%
VLTO	D	0.49%
BJ	B	0.47%
MAS	D	0.46%
GEN	A	0.45%
VRSN	C	0.45%
OKTA	C	0.45%
CROX	F	0.44%
ZIM	C	0.44%
FLEX	B	0.44%
NTRS	A	0.42%
GL	C	0.41%
FFIV	A	0.4%
VICI	C	0.4%
PENN	C	0.4%
SWK	D	0.4%
CAG	D	0.38%
DBX	C	0.36%
EXP	B	0.35%
CRS	A	0.34%
SNA	A	0.33%
TKO	A	0.32%
WRB	A	0.32%
JAZZ	B	0.31%
LPX	B	0.31%
TTC	D	0.31%
AYI	C	0.29%
CCK	D	0.29%
ALLY	B	0.29%
PI	D	0.27%
ASO	F	0.27%
SPYV	A	0.26%
SCHV	A	0.26%
IWD	A	0.26%
EWBC	B	0.25%
CNK	B	0.24%
RPRX	D	0.23%
KNSL	B	0.22%
AIZ	A	0.22%
SAM	C	0.21%
WHD	B	0.21%
ALSN	B	0.2%
MGY	B	0.2%
MSM	C	0.2%
COLB	B	0.19%
UHS	D	0.19%
HRB	D	0.19%
EXEL	A	0.19%
THO	B	0.18%
PNFP	B	0.17%
ALKS	B	0.17%
GLBE	B	0.17%
ADMA	B	0.17%
CALM	B	0.16%
UMBF	B	0.16%
STNG	F	0.16%
TWST	C	0.16%
SFM	A	0.16%
ORI	A	0.15%
MATX	C	0.15%
PRI	A	0.15%
CRC	B	0.15%
SKYW	A	0.15%
GM	C	0.14%
AXS	A	0.14%
CSWI	B	0.13%
PAA	B	0.13%
GMS	B	0.13%
CBSH	B	0.13%
CBT	D	0.13%
LEG	F	0.13%
GFF	B	0.13%
BFH	B	0.13%
SIGI	B	0.13%
FTDR	B	0.12%
SMPL	B	0.12%
ZWS	B	0.12%
VRNA	A	0.12%
MTG	B	0.12%
TCBI	B	0.11%
AM	A	0.11%
ENLC	B	0.11%
HESM	A	0.11%
OPCH	D	0.11%
PPC	C	0.11%
BFAM	D	0.11%
WGO	C	0.11%
KRG	A	0.11%
TBBK	B	0.1%
LOPE	B	0.1%
THG	A	0.1%
MMS	F	0.1%
ABM	B	0.1%
NSA	C	0.1%
ESNT	D	0.09%
KFY	B	0.09%
PRGS	A	0.09%
DBRG	F	0.09%
CARG	B	0.09%
VCYT	A	0.09%
CUBI	C	0.09%
LCII	B	0.09%
YOU	D	0.09%
GRBK	D	0.09%
EXTR	B	0.09%
GBCI	B	0.09%
LANC	C	0.08%
UBSI	B	0.08%
RDFN	D	0.08%
TXG	F	0.08%
EPR	D	0.08%
KMPR	B	0.08%
BOH	B	0.08%
FOLD	D	0.08%
RLI	A	0.08%
PAYO	B	0.08%
NMIH	C	0.07%
EBC	B	0.07%
BCRX	D	0.07%
FHB	B	0.07%
PBH	B	0.07%
PLXS	B	0.07%
WMB	B	0.07%
REVG	B	0.07%
AVNT	B	0.07%
HAYW	B	0.07%
AZZ	B	0.07%
ICFI	F	0.06%
ADUS	D	0.06%
BRC	C	0.06%
PLMR	B	0.06%
AUB	B	0.06%
ROIC	A	0.06%
SUPN	B	0.06%
MQ	F	0.06%
COLL	D	0.05%
GSL	F	0.05%
AMPH	F	0.05%
CDNA	D	0.04%
MYGN	F	0.04%
VSAT	F	-0.01%
VIST	B	-0.02%
CBU	B	-0.02%
AMRK	F	-0.02%
GPRE	F	-0.02%
RXST	D	-0.02%
DNB	B	-0.02%
COTY	F	-0.02%
HLN	D	-0.02%
KD	A	-0.02%
RIVN	D	-0.02%
SAIA	B	-0.02%
HON	B	-0.02%
LKFN	B	-0.02%
COHR	C	-0.02%
UWMC	D	-0.02%
WOLF	F	-0.02%
AER	A	-0.02%
IBOC	B	-0.02%
NVEE	F	-0.02%
EA	B	-0.02%
CVX	A	-0.02%
RUN	F	-0.02%
ENS	D	-0.02%
ARM	D	-0.02%
FSLR	F	-0.02%
ASPN	F	-0.02%
OSK	B	-0.03%
BE	B	-0.03%
UTZ	D	-0.03%
HHH	A	-0.03%
PRCT	B	-0.03%
WMT	A	-0.03%
PAR	B	-0.03%
ICHR	C	-0.03%
CNNE	B	-0.03%
GE	C	-0.03%
GKOS	C	-0.03%
BVN	F	-0.03%
BURL	B	-0.03%
SDGR	C	-0.03%
NEOG	F	-0.03%
OSIS	A	-0.03%
NWSA	B	-0.03%
RDY	F	-0.03%
CLH	B	-0.03%
PSMT	C	-0.03%
ARLO	C	-0.03%
AMRC	F	-0.03%
AZTA	D	-0.03%
TMO	F	-0.03%
DIOD	D	-0.03%
SLGN	A	-0.03%
FAST	A	-0.03%
BIRK	D	-0.03%
AMD	F	-0.03%
STZ	F	-0.04%
CTRA	B	-0.04%
GATX	B	-0.04%
ATEC	C	-0.04%
CFLT	B	-0.04%
EQT	B	-0.04%
ERJ	A	-0.04%
AMAT	F	-0.04%
APO	A	-0.04%
FFIN	B	-0.04%
TFIN	B	-0.04%
MARA	C	-0.04%
IRTC	C	-0.04%
CRDO	B	-0.04%
APPN	C	-0.04%
ENR	B	-0.04%
RCL	A	-0.04%
RH	B	-0.04%
ALB	C	-0.04%
LMND	B	-0.05%
SOFI	B	-0.05%
AEO	F	-0.05%
ACVA	B	-0.05%
ACIW	B	-0.05%
VRRM	D	-0.05%
UPST	B	-0.05%
LYFT	C	-0.05%
DLB	B	-0.06%
CDW	F	-0.06%
COP	D	-0.06%
TTD	B	-0.06%
ZD	C	-0.06%
WST	C	-0.06%
MSA	C	-0.06%
VAL	F	-0.06%
VNT	C	-0.07%
KTOS	B	-0.07%
MMYT	A	-0.07%
BA	F	-0.07%
SSB	B	-0.07%
SE	B	-0.07%
AVY	D	-0.07%
IDCC	A	-0.07%
AVAV	D	-0.07%
HCA	F	-0.07%
MAT	D	-0.08%
CCOI	B	-0.08%
NSIT	D	-0.08%
NXPI	D	-0.08%
R	A	-0.09%
TRMB	B	-0.09%
DY	D	-0.09%
GPC	D	-0.1%
VVV	F	-0.1%
ING	F	-0.1%
HII	D	-0.11%
HAE	B	-0.11%
KEYS	B	-0.12%
SLB	C	-0.12%
HQY	B	-0.13%
BKR	C	-0.13%
STE	F	-0.13%
ABT	B	-0.14%
PKG	A	-0.15%
NFLX	B	-0.15%
ASX	D	-0.15%
INTC	D	-0.15%
IPG	C	-0.16%
MU	D	-0.16%
INFY	A	-0.16%
GSK	F	-0.16%
VMC	B	-0.16%
SYK	B	-0.17%
EFX	D	-0.19%
URI	B	-0.2%
GWRE	A	-0.2%
BWXT	B	-0.2%
FMX	F	-0.2%
HSBC	B	-0.21%
PCAR	B	-0.22%
PANW	B	-0.25%
KR	A	-0.25%
TYL	A	-0.25%
GEHC	F	-0.26%
PG	A	-0.26%
OMC	C	-0.27%
NSC	A	-0.27%
BABA	D	-0.28%
SNPS	B	-0.29%
MMM	C	-0.3%
WAT	A	-0.3%
LMT	D	-0.32%
ISRG	B	-0.32%
TSLA	B	-0.32%
MDLZ	F	-0.33%
TTWO	A	-0.33%
NOW	A	-0.35%
CMI	A	-0.36%
ZBH	C	-0.36%
TXN	D	-0.36%
BK	A	-0.37%
HDB	A	-0.38%
UNH	B	-0.4%
MCD	D	-0.41%
ORCL	B	-0.41%
MSI	B	-0.43%
XOM	C	-0.45%
MLM	B	-0.46%
WM	A	-0.47%
DE	B	-0.48%
PNC	A	-0.51%
GD	F	-0.52%
VRSK	A	-0.55%
PAYX	B	-0.57%
PEP	F	-0.57%
ETN	A	-0.58%
LIN	D	-0.59%
CMCSA	C	-0.65%
CDNS	B	-0.69%
APD	A	-0.7%
DIS	B	-0.73%

FTLS Underweight 71 Positions Relative to DFAI

Symbol	Grade	Weight
HSBH	B	-0.75%
SONY	B	-0.64%
TD	F	-0.48%
SHOP	B	-0.36%
ABBV	D	-0.33%
BCS	C	-0.31%
BHP	F	-0.3%
CNI	F	-0.27%
MFG	B	-0.25%
BBVA	F	-0.22%
LYG	F	-0.22%
E	F	-0.21%
SMFG	C	-0.2%
SMFG	C	-0.18%
WCN	A	-0.18%
STLA	F	-0.15%
FLUT	A	-0.15%
SAN	F	-0.13%
HMC	F	-0.12%
GOLD	D	-0.11%
PHG	D	-0.08%
XRX	F	-0.08%
NVO	D	-0.08%
RBA	B	-0.08%
HMC	F	-0.08%
NMR	B	-0.06%
TEVA	D	-0.05%
MT	D	-0.05%
NMR	B	-0.05%
NOK	D	-0.04%
AGCO	D	-0.04%
QGEN	D	-0.03%
TEF	D	-0.02%
MBAVU	C	-0.02%
AEI	D	-0.02%
PIXY	F	-0.01%
LSPD	C	-0.01%
GMAB	F	-0.01%
ORLA	D	-0.01%
DNN	B	-0.01%
TCI	C	-0.01%
DOOO	F	-0.01%
GOGL	F	-0.01%
TS	B	-0.01%
WDS	F	-0.01%
NICE	C	-0.01%
TAC	B	-0.01%
MGIC	D	-0.0%
SW	B	-0.0%
AUDC	D	-0.0%
IAUX	F	-0.0%
RNR	C	-0.0%
OGI	F	-0.0%
UBCP	C	-0.0%
PSNY	F	-0.0%
AUID	F	-0.0%
PTMN	F	-0.0%
CACC	C	-0.0%
VGR	D	-0.0%
IMMP	F	-0.0%
CLF	F	-0.0%
RENB	F	-0.0%
TLRY	F	-0.0%
ECO	F	-0.0%
ELBM	F	-0.0%
ASTL	C	-0.0%
VMAR	F	-0.0%
FLNG	C	-0.0%
CHGX	A	-0.0%
PDS	D	-0.0%
MNTX	C	-0.0%