FTLS vs. JVAL ETF Comparison

Comparison of First Trust Long/Short Equity (FTLS) to JPMorgan U.S. Value Factor ETF (JVAL)

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

$65.63

Average Daily Volume

127,223

Number of Holdings ^*

384

* may have additional holdings in another (foreign) market

JVAL

JPMorgan U.S. Value Factor ETF

JVAL Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the JP Morgan US Value Factor Index. The fund will invest at least 80% of its assets in securities included in the underlying index. Assets means net assets, plus the amount of borrowing for investment purposes. The underlying index is comprised of U.S. equity securities selected to represent value factor characteristics.

Grade (RS Rating)

Last Trade

$45.23

Average Daily Volume

59,043

Number of Holdings ^*

362

* may have additional holdings in another (foreign) market

Performance

Period	FTLS	JVAL
30 Days	2.15%	4.55%
60 Days	3.89%	4.91%
90 Days	3.71%	6.18%
12 Months	20.58%	29.11%

88 Overlapping Holdings

Symbol	Grade	Weight in FTLS	Weight in JVAL	Overlap
AAPL	C	7.44%	1.87%	1.87%
ALLY	C	0.29%	0.21%	0.21%
ALSN	B	0.2%	0.29%	0.2%
AMAT	F	-0.04%	0.7%	-0.04%
AVGO	D	1.06%	1.92%	1.06%
AXS	A	0.14%	0.16%	0.14%
AYI	B	0.29%	0.2%	0.2%
BK	A	-0.37%	0.4%	-0.37%
C	A	2.18%	0.65%	0.65%
CAG	D	0.38%	0.2%	0.2%
CCK	C	0.29%	0.22%	0.22%
CDW	F	-0.06%	0.24%	-0.06%
CF	B	0.55%	0.06%	0.06%
CMCSA	B	-0.65%	0.49%	-0.65%
CMI	A	-0.36%	0.4%	-0.36%
COLB	A	0.19%	0.19%	0.19%
CROX	D	0.44%	0.11%	0.11%
CTRA	B	-0.04%	0.24%	-0.04%
CVX	A	-0.02%	0.74%	-0.02%
DBX	B	0.36%	0.24%	0.24%
DLB	B	-0.06%	0.21%	-0.06%
DNB	B	-0.02%	0.21%	-0.02%
EPR	D	0.08%	0.18%	0.08%
FANG	D	0.83%	0.06%	0.06%
FDX	B	1.69%	0.41%	0.41%
FFIV	B	0.4%	0.27%	0.27%
FHB	A	0.07%	0.13%	0.07%
FIS	C	1.0%	0.14%	0.14%
GD	F	-0.52%	0.38%	-0.52%
GEN	B	0.45%	0.27%	0.27%
GM	B	0.14%	0.44%	0.14%
GOOGL	C	1.4%	2.17%	1.4%
GPC	D	-0.1%	0.19%	-0.1%
HII	D	-0.11%	0.16%	-0.11%
HPQ	B	1.0%	0.32%	0.32%
HRB	D	0.19%	0.2%	0.19%
INTC	D	-0.15%	0.6%	-0.15%
IPG	D	-0.16%	0.17%	-0.16%
JAZZ	B	0.31%	0.13%	0.13%
JBL	B	0.73%	0.29%	0.29%
JNJ	D	1.85%	1.22%	1.22%
KMI	A	1.23%	0.39%	0.39%
KR	B	-0.25%	0.32%	-0.25%
LEG	F	0.13%	0.11%	0.11%
LOPE	B	0.1%	0.0%	0.0%
LPX	B	0.31%	0.12%	0.12%
META	D	1.77%	2.12%	1.77%
MO	A	1.51%	0.5%	0.5%
MPC	D	1.37%	0.36%	0.36%
MSFT	F	4.45%	1.78%	1.78%
MSM	C	0.2%	0.2%	0.2%
MTG	C	0.12%	0.2%	0.12%
MU	D	-0.16%	0.42%	-0.16%
NTAP	C	0.75%	0.27%	0.27%
NVR	D	0.55%	0.2%	0.2%
NWSA	B	-0.03%	0.23%	-0.03%
OKTA	C	0.45%	0.13%	0.13%
OMC	C	-0.27%	0.25%	-0.27%
ORCL	B	-0.41%	1.24%	-0.41%
ORI	A	0.15%	0.23%	0.15%
OSK	B	-0.03%	0.22%	-0.03%
PCAR	B	-0.22%	0.39%	-0.22%
PH	A	1.64%	0.15%	0.15%
PKG	A	-0.15%	0.29%	-0.15%
PM	B	1.92%	0.52%	0.52%
PNC	B	-0.51%	0.13%	-0.51%
PNR	A	0.56%	0.29%	0.29%
PPC	C	0.11%	0.09%	0.09%
QCOM	F	1.88%	0.79%	0.79%
R	B	-0.09%	0.26%	-0.09%
RL	B	0.67%	0.22%	0.22%
RPRX	D	0.23%	0.11%	0.11%
SLGN	A	-0.03%	0.21%	-0.03%
SNA	A	0.33%	0.31%	0.31%
SWK	D	0.4%	0.12%	0.12%
SYF	B	0.79%	0.34%	0.34%
TFC	A	1.02%	0.41%	0.41%
THO	B	0.18%	0.19%	0.18%
TOL	B	0.65%	0.25%	0.25%
TWLO	A	0.72%	0.37%	0.37%
TXN	C	-0.36%	0.82%	-0.36%
UHS	D	0.19%	0.2%	0.19%
UNH	C	-0.4%	1.77%	-0.4%
USB	A	1.35%	0.42%	0.42%
VICI	C	0.4%	0.28%	0.28%
VLO	C	1.43%	0.24%	0.24%
VRSN	F	0.45%	0.14%	0.14%
ZBH	C	-0.36%	0.17%	-0.36%

FTLS Overweight 296 Positions Relative to JVAL

Symbol	Grade	Weight
NVDA	C	4.84%
AMZN	C	2.74%
TMUS	B	2.32%
SCHW	B	2.26%
LOW	D	2.16%
ACN	C	2.11%
CME	A	1.57%
LNG	B	1.19%
CL	D	1.17%
GOOG	C	1.17%
BRK.A	B	1.13%
ILMN	D	1.13%
CTAS	B	1.09%
TRV	B	1.05%
HWM	A	0.97%
JPM	A	0.93%
ALL	A	0.88%
LLY	F	0.84%
SYY	B	0.83%
PBR	C	0.73%
AFL	B	0.7%
EAT	A	0.65%
CSL	C	0.6%
INSM	C	0.54%
VLTO	D	0.49%
BJ	A	0.47%
MAS	D	0.46%
ZIM	C	0.44%
FLEX	A	0.44%
NTRS	A	0.42%
GL	B	0.41%
NVS	D	0.41%
PENN	C	0.4%
EXP	A	0.35%
CRS	A	0.34%
TKO	B	0.32%
WRB	A	0.32%
TTC	D	0.31%
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	B	0.24%
KNSL	B	0.22%
AIZ	A	0.22%
SAM	C	0.21%
WHD	B	0.21%
MGY	A	0.2%
EXEL	B	0.19%
PNFP	B	0.17%
ALKS	B	0.17%
GLBE	B	0.17%
ADMA	B	0.17%
CALM	A	0.16%
UMBF	B	0.16%
STNG	F	0.16%
TWST	D	0.16%
SFM	A	0.16%
MATX	C	0.15%
PRI	A	0.15%
CRC	B	0.15%
SKYW	B	0.15%
CSWI	A	0.13%
PAA	B	0.13%
GMS	B	0.13%
CBSH	A	0.13%
CBT	C	0.13%
LOGI	D	0.13%
GFF	A	0.13%
BFH	B	0.13%
SIGI	C	0.13%
FTDR	A	0.12%
SMPL	B	0.12%
ZWS	B	0.12%
VRNA	B	0.12%
TCBI	B	0.11%
AM	A	0.11%
ENLC	A	0.11%
HESM	B	0.11%
OPCH	D	0.11%
BFAM	D	0.11%
WGO	C	0.11%
KRG	B	0.11%
TBBK	B	0.1%
THG	A	0.1%
MMS	F	0.1%
ABM	B	0.1%
NSA	D	0.1%
ESNT	D	0.09%
KFY	B	0.09%
PRGS	A	0.09%
DBRG	F	0.09%
CARG	C	0.09%
VCYT	B	0.09%
CUBI	C	0.09%
LCII	C	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%
KMPR	B	0.08%
BOH	B	0.08%
FOLD	F	0.08%
RLI	B	0.08%
PAYO	A	0.08%
NMIH	D	0.07%
EBC	B	0.07%
BCRX	D	0.07%
PBH	A	0.07%
PLXS	B	0.07%
WMB	A	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%
WFG	D	0.06%
BRC	D	0.06%
OTEX	D	0.06%
PLMR	B	0.06%
AUB	B	0.06%
ROIC	A	0.06%
SUPN	C	0.06%
MQ	F	0.06%
COLL	F	0.05%
TRMD	F	0.05%
GSL	F	0.05%
AMPH	D	0.05%
CDNA	D	0.04%
MYGN	F	0.04%
VSAT	F	-0.01%
VIST	A	-0.02%
CBU	B	-0.02%
AMRK	F	-0.02%
GPRE	F	-0.02%
RXST	F	-0.02%
COTY	F	-0.02%
HLN	D	-0.02%
KD	B	-0.02%
RIVN	F	-0.02%
SAIA	B	-0.02%
FRO	F	-0.02%
HON	B	-0.02%
LKFN	B	-0.02%
COHR	B	-0.02%
UWMC	D	-0.02%
WOLF	F	-0.02%
AER	B	-0.02%
IBOC	A	-0.02%
NVEE	F	-0.02%
EA	A	-0.02%
RUN	F	-0.02%
ENS	D	-0.02%
ARM	D	-0.02%
FSLR	F	-0.02%
ASPN	F	-0.02%
BE	B	-0.03%
UTZ	D	-0.03%
HHH	B	-0.03%
PRCT	B	-0.03%
WMT	A	-0.03%
PAR	B	-0.03%
ICHR	C	-0.03%
CNNE	B	-0.03%
GE	D	-0.03%
GKOS	B	-0.03%
BVN	F	-0.03%
BURL	A	-0.03%
SDGR	C	-0.03%
NEOG	F	-0.03%
OSIS	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%
FAST	B	-0.03%
BIRK	D	-0.03%
AMD	F	-0.03%
STZ	D	-0.04%
GATX	A	-0.04%
ATEC	C	-0.04%
CFLT	B	-0.04%
EQT	B	-0.04%
ERJ	B	-0.04%
APO	B	-0.04%
FFIN	B	-0.04%
TFIN	A	-0.04%
MARA	C	-0.04%
IRTC	D	-0.04%
CRDO	B	-0.04%
APPN	B	-0.04%
ENR	B	-0.04%
RCL	A	-0.04%
RH	B	-0.04%
ALB	C	-0.04%
LMND	B	-0.05%
SOFI	A	-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%
COP	C	-0.06%
TTD	B	-0.06%
ZD	C	-0.06%
WST	C	-0.06%
MSA	D	-0.06%
VAL	D	-0.06%
VNT	B	-0.07%
KTOS	B	-0.07%
MMYT	B	-0.07%
BA	F	-0.07%
MUFG	B	-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	F	-0.08%
NXPI	D	-0.08%
TRMB	B	-0.09%
DY	D	-0.09%
STM	F	-0.1%
VVV	F	-0.1%
ING	F	-0.1%
ARGX	A	-0.11%
HAE	C	-0.11%
KEYS	A	-0.12%
SLB	C	-0.12%
HQY	B	-0.13%
BKR	B	-0.13%
STE	F	-0.13%
ABT	B	-0.14%
NFLX	A	-0.15%
TM	D	-0.15%
ASX	D	-0.15%
INFY	B	-0.16%
GSK	F	-0.16%
VMC	B	-0.16%
SYK	C	-0.17%
EFX	F	-0.19%
URI	B	-0.2%
GWRE	A	-0.2%
BWXT	B	-0.2%
FMX	F	-0.2%
HSBC	B	-0.21%
DEO	F	-0.22%
CCEP	C	-0.23%
PANW	C	-0.25%
TYL	B	-0.25%
GEHC	F	-0.26%
PG	A	-0.26%
SAP	B	-0.27%
NSC	B	-0.27%
BABA	D	-0.28%
SNPS	B	-0.29%
MMM	D	-0.3%
WAT	B	-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%
HDB	C	-0.38%
MCD	D	-0.41%
ASML	F	-0.41%
MSI	B	-0.43%
XOM	B	-0.45%
MLM	B	-0.46%
WM	A	-0.47%
DE	A	-0.48%
VRSK	A	-0.55%
PAYX	C	-0.57%
PEP	F	-0.57%
ETN	A	-0.58%
LIN	D	-0.59%
CDNS	B	-0.69%
APD	A	-0.7%
DIS	B	-0.73%

FTLS Underweight 274 Positions Relative to JVAL

Symbol	Grade	Weight
CRM	B	-1.33%
APP	B	-0.87%
CAT	B	-0.85%
IBM	C	-0.84%
HD	A	-0.82%
INTU	C	-0.81%
CSCO	B	-0.77%
MRK	F	-0.66%
AMGN	D	-0.65%
PFE	D	-0.65%
T	A	-0.65%
ADI	D	-0.54%
GILD	C	-0.52%
BMY	B	-0.51%
APH	A	-0.51%
LRCX	F	-0.51%
MDT	D	-0.51%
COF	B	-0.48%
RTX	C	-0.48%
MRVL	B	-0.48%
CI	F	-0.47%
KLAC	D	-0.46%
ELV	F	-0.45%
BAC	A	-0.45%
VRT	B	-0.43%
JCI	C	-0.42%
ROP	B	-0.4%
CVS	D	-0.4%
PSX	C	-0.37%
AIG	B	-0.36%
DELL	C	-0.36%
PRU	A	-0.35%
F	C	-0.34%
TGT	F	-0.34%
GRMN	B	-0.33%
ETR	B	-0.33%
GLW	B	-0.33%
CTSH	B	-0.33%
FITB	A	-0.32%
DHI	D	-0.32%
GDDY	A	-0.32%
SPG	B	-0.32%
LDOS	C	-0.32%
HPE	B	-0.32%
PAYC	B	-0.31%
NUE	C	-0.31%
DD	D	-0.31%
ZM	B	-0.31%
LHX	C	-0.31%
EBAY	D	-0.3%
DOV	A	-0.3%
HBAN	A	-0.3%
LEN	D	-0.3%
WDAY	B	-0.29%
STT	A	-0.29%
CFG	B	-0.28%
ED	D	-0.28%
JEF	A	-0.28%
MCHP	D	-0.28%
ON	D	-0.28%
UNM	A	-0.28%
WCC	B	-0.27%
PHM	D	-0.27%
EPAM	C	-0.27%
MTB	A	-0.27%
UAL	A	-0.27%
PPL	B	-0.27%
DAL	C	-0.27%
CACI	D	-0.26%
RS	B	-0.26%
UTHR	C	-0.26%
IP	B	-0.26%
KHC	F	-0.26%
OC	A	-0.26%
GIS	D	-0.26%
RF	A	-0.26%
TAP	C	-0.25%
PFG	D	-0.25%
FOXA	B	-0.25%
MRO	B	-0.25%
BLDR	D	-0.25%
DGX	A	-0.25%
PEGA	A	-0.25%
TPR	B	-0.24%
LAD	A	-0.24%
SCI	B	-0.24%
KBR	F	-0.24%
EVRG	A	-0.24%
ADM	D	-0.24%
VTRS	A	-0.24%
SSNC	B	-0.24%
CMA	A	-0.23%
OGE	B	-0.23%
KIM	A	-0.23%
DRI	B	-0.23%
SAIC	F	-0.23%
LYB	F	-0.23%
SNV	B	-0.23%
BBY	D	-0.23%
AMCR	D	-0.22%
TER	D	-0.22%
OHI	C	-0.22%
KEY	B	-0.22%
DOW	F	-0.22%
DOX	D	-0.22%
SNX	C	-0.22%
PNW	B	-0.22%
WAL	B	-0.22%
NXST	C	-0.21%
AVT	C	-0.21%
GFS	C	-0.21%
BC	C	-0.21%
WSM	B	-0.21%
EXC	C	-0.21%
THC	D	-0.21%
GPK	C	-0.21%
BPOP	B	-0.21%
DKS	C	-0.21%
FNB	A	-0.21%
ZI	D	-0.21%
AKAM	D	-0.21%
MOS	F	-0.21%
OMF	A	-0.21%
WHR	B	-0.2%
UGI	A	-0.2%
VZ	C	-0.2%
VAC	B	-0.2%
NFG	A	-0.2%
HIW	D	-0.2%
SWKS	F	-0.2%
JHG	A	-0.2%
AN	C	-0.2%
CNC	D	-0.2%
ARW	D	-0.19%
FAF	A	-0.19%
TNL	A	-0.19%
TXT	D	-0.19%
GAP	C	-0.19%
FHN	A	-0.19%
GPN	B	-0.19%
OVV	B	-0.19%
ANSS	B	-0.19%
ZION	B	-0.19%
BERY	B	-0.19%
DOCU	A	-0.19%
RHI	B	-0.19%
OLED	D	-0.19%
AGO	B	-0.19%
HUM	C	-0.19%
PTC	A	-0.18%
CRBG	B	-0.18%
GNTX	C	-0.18%
ST	F	-0.18%
BYD	C	-0.18%
MGM	D	-0.18%
CNH	C	-0.18%
PAG	B	-0.18%
M	D	-0.18%
IVZ	B	-0.18%
MTCH	D	-0.18%
WBS	A	-0.17%
AGCO	D	-0.17%
ACI	C	-0.17%
CPB	D	-0.17%
STWD	C	-0.17%
KSS	F	-0.17%
HOG	D	-0.17%
MAN	D	-0.17%
DV	C	-0.17%
WU	D	-0.16%
CRUS	D	-0.16%
BWA	D	-0.16%
DINO	D	-0.16%
PVH	C	-0.16%
LKQ	D	-0.16%
LH	C	-0.16%
GLOB	B	-0.16%
DXC	B	-0.16%
MUSA	A	-0.16%
KRC	C	-0.15%
LVS	C	-0.15%
PSN	D	-0.15%
CRI	D	-0.15%
EHC	B	-0.15%
PB	A	-0.15%
JWN	C	-0.15%
INGR	B	-0.15%
CXT	B	-0.14%
QRVO	F	-0.14%
BG	F	-0.14%
DG	F	-0.14%
CLVT	F	-0.14%
HST	C	-0.14%
WEN	D	-0.14%
G	B	-0.14%
RVTY	F	-0.14%
PK	B	-0.14%
SJM	D	-0.14%
IPGP	D	-0.14%
BEN	C	-0.14%
PATH	C	-0.13%
GLPI	C	-0.13%
MDU	D	-0.13%
GTES	A	-0.13%
BAX	D	-0.13%
DVN	F	-0.13%
POOL	C	-0.13%
ARMK	B	-0.13%
OZK	B	-0.13%
WH	B	-0.13%
LEA	D	-0.13%
PR	B	-0.13%
FMC	D	-0.12%
WPC	D	-0.12%
FBIN	D	-0.12%
NWL	B	-0.12%
U	C	-0.12%
ENTG	D	-0.12%
PARA	C	-0.12%
POST	C	-0.12%
APTV	D	-0.12%
REG	B	-0.12%
BBWI	D	-0.12%
SON	D	-0.12%
AGNC	D	-0.11%
CNXC	F	-0.11%
PINC	B	-0.11%
BSY	D	-0.11%
INFA	D	-0.11%
CUZ	B	-0.11%
ADTN	A	-0.11%
TDC	D	-0.11%
CWEN	C	-0.1%
TSN	B	-0.1%
VOYA	B	-0.1%
CIVI	D	-0.1%
AAP	C	-0.1%
SIRI	C	-0.1%
AGR	B	-0.1%
HRL	D	-0.1%
IAC	D	-0.1%
SNDR	B	-0.1%
COLM	B	-0.1%
SPB	C	-0.1%
DDS	B	-0.1%
NNN	D	-0.1%
PRGO	B	-0.1%
MPW	F	-0.09%
RGA	A	-0.09%
PII	D	-0.09%
D	C	-0.09%
BOKF	B	-0.09%
SEE	C	-0.09%
LNC	B	-0.08%
MTN	C	-0.08%
VFC	C	-0.08%
TFX	F	-0.07%
FTRE	D	-0.07%
AMKR	D	-0.07%
OGN	D	-0.06%
DT	C	-0.06%
BDX	F	-0.06%
HSIC	B	-0.06%
SOLV	C	-0.05%
AL	B	-0.05%
EQR	B	-0.04%
CE	F	-0.04%
NVT	B	-0.04%
UHAL	D	-0.04%
HUN	F	-0.03%
CLF	F	-0.02%
BRX	A	-0.01%
CPRI	F	-0.01%
ALGM	D	-0.0%