FTLS vs. DFEV ETF Comparison

Comparison of First Trust Long/Short Equity (FTLS) to Dimensional Emerging Markets Value ETF (DFEV)

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

$65.59

Average Daily Volume

128,344

Number of Holdings ^*

384

* may have additional holdings in another (foreign) market

DFEV

Dimensional Emerging Markets Value ETF

DFEV Description

The Portfolio is designed to purchase emerging market equity securities that are deemed by the Advisor to be value stocks at the time of purchase, which may include frontier markets (emerging market countries in an earlier stage of development). As a non-fundamental policy, under normal circumstances, the Portfolio will invest at least 80% of its net assets in emerging markets investments that are defined in the Prospectus as Approved Markets securities. The Portfolio may purchase emerging market equity securities across all market capitalizations.

Grade (RS Rating)

Last Trade

$26.87

Average Daily Volume

100,763

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FTLS	DFEV
30 Days	1.17%	-3.83%
60 Days	4.53%	-1.14%
90 Days	3.65%	-2.10%
12 Months	20.51%	14.74%

11 Overlapping Holdings

Symbol	Grade	Weight in FTLS	Weight in DFEV	Overlap
ASX	D	-0.15%	0.02%	-0.15%
BABA	D	-0.28%	1.73%	-0.28%
BABA	D	-0.28%	0.24%	-0.28%
ERJ	A	-0.04%	0.17%	-0.04%
ERJ	A	-0.04%	0.05%	-0.04%
FMX	F	-0.2%	0.05%	-0.2%
HDB	C	-0.38%	0.81%	-0.38%
HDB	C	-0.38%	0.08%	-0.38%
PBR	D	0.73%	0.05%	0.05%
RDY	F	-0.03%	0.17%	-0.03%
VIST	B	-0.02%	0.0%	-0.02%

FTLS Overweight 376 Positions Relative to DFEV

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

FTLS Underweight 39 Positions Relative to DFEV

Symbol	Grade	Weight
KB	B	-0.81%
VALE	F	-0.63%
TCOM	B	-0.55%
SHG	C	-0.52%
BIDU	F	-0.5%
UMC	F	-0.49%
WIT	B	-0.27%
CX	F	-0.22%
UMC	F	-0.12%
WIT	B	-0.11%
HMY	D	-0.1%
VIPS	F	-0.1%
SBSW	D	-0.1%
BRFS	C	-0.09%
LPL	D	-0.08%
GGB	C	-0.08%
BBD	D	-0.07%
BIDU	F	-0.07%
TME	D	-0.06%
CSAN	F	-0.06%
GGB	C	-0.05%
JKS	F	-0.03%
GDS	C	-0.03%
IQ	F	-0.03%
PKX	D	-0.02%
IMOS	F	-0.02%
WF	C	-0.02%
SHG	C	-0.02%
IBN	C	-0.01%
KB	B	-0.01%
LPL	D	-0.01%
BAOS	F	-0.01%
SHPH	F	-0.01%
BSBR	F	-0.0%
DRD	D	-0.0%
IMOS	F	-0.0%
VNET	B	-0.0%
SUZ	B	-0.0%
XPEV	C	-0.0%