FTLS vs. NZAC ETF Comparison

Comparison of First Trust Long/Short Equity (FTLS) to SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC)

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

$62.95

Average Daily Volume

143,082

Number of Holdings ^*

384

* may have additional holdings in another (foreign) market

NZAC

SPDR MSCI ACWI Climate Paris Aligned ETF

NZAC Description

The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to exceed the minimum standards for a "Paris-Aligned Benchmark" under the EU BMR. A Paris-Aligned Benchmark is designed to align with a principal objective of the Paris Agreement to limit the increase in the global average temperature to well below 2 degrees Celsius above pre-industrial levels.

Grade (RS Rating)

Last Trade

$36.39

Average Daily Volume

13,997

Number of Holdings ^*

367

* may have additional holdings in another (foreign) market

Performance

Period	FTLS	NZAC
30 Days	-0.80%	0.83%
60 Days	1.06%	4.03%
90 Days	0.62%	5.11%
12 Months	18.51%	25.83%

102 Overlapping Holdings

Symbol	Grade	Weight in FTLS	Weight in NZAC	Overlap
AAPL	D	7.5%	4.47%	4.47%
ABT	C	-0.17%	0.2%	-0.17%
ACN	C	2.11%	0.39%	0.39%
AFL	B	0.71%	0.28%	0.28%
AIZ	B	0.21%	0.08%	0.08%
ALB	F	-0.04%	0.01%	-0.04%
ALL	A	0.86%	0.14%	0.14%
ALLY	F	0.28%	0.01%	0.01%
AMAT	D	-0.04%	0.13%	-0.04%
AMD	F	-0.03%	0.31%	-0.03%
AMZN	C	2.5%	2.21%	2.21%
APO	C	-0.06%	0.12%	-0.06%
AVGO	C	1.06%	1.13%	1.06%
BABA	C	-0.32%	0.23%	-0.32%
BK	A	-0.39%	0.11%	-0.39%
BRK.A	C	1.12%	0.38%	0.38%
BURL	B	-0.04%	0.03%	-0.04%
C	D	1.89%	0.01%	0.01%
CCEP	B	-0.28%	0.03%	-0.28%
CDW	D	-0.09%	0.17%	-0.09%
CMCSA	D	-0.71%	0.24%	-0.71%
CME	C	1.58%	0.12%	0.12%
CTAS	C	1.07%	0.04%	0.04%
DE	B	-0.56%	0.14%	-0.56%
DEO	C	-0.3%	0.12%	-0.3%
DIS	D	-0.71%	0.23%	-0.71%
EA	D	-0.02%	0.01%	-0.02%
EFX	C	-0.26%	0.03%	-0.26%
ETN	C	-0.58%	0.24%	-0.58%
FAST	C	-0.03%	0.15%	-0.03%
FFIV	A	0.35%	0.16%	0.16%
FIS	B	0.98%	0.06%	0.06%
FSLR	C	-0.02%	0.2%	-0.02%
GOOG	D	1.06%	1.33%	1.06%
GOOGL	D	1.27%	0.95%	0.95%
HDB	C	-0.46%	0.14%	-0.46%
ILMN	C	1.04%	0.03%	0.03%
INFY	C	-0.21%	0.12%	-0.21%
INTC	F	-0.27%	0.15%	-0.27%
IPG	C	-0.2%	0.02%	-0.2%
ISRG	C	-0.35%	0.29%	-0.35%
JNJ	B	2.08%	0.67%	0.67%
JPM	D	0.82%	0.92%	0.82%
KEYS	C	-0.14%	0.07%	-0.14%
LIN	B	-0.72%	0.08%	-0.72%
LLY	C	1.03%	1.18%	1.03%
LOW	B	2.08%	0.24%	0.24%
MAS	B	0.47%	0.01%	0.01%
MCD	C	-0.49%	0.37%	-0.49%
META	A	1.66%	1.55%	1.55%
MMM	B	-0.36%	0.03%	-0.36%
MSFT	C	4.6%	4.24%	4.24%
MSI	C	-0.46%	0.24%	-0.46%
MU	F	-0.17%	0.08%	-0.17%
MUFG	D	-0.07%	0.07%	-0.07%
NFLX	B	-0.15%	0.42%	-0.15%
NOW	A	-0.36%	0.34%	-0.36%
NSC	C	-0.31%	0.04%	-0.31%
NTAP	D	0.76%	0.06%	0.06%
NTRS	B	0.36%	0.04%	0.04%
NVDA	D	4.06%	3.97%	3.97%
NVR	B	0.57%	0.03%	0.03%
NVS	C	0.48%	0.46%	0.46%
NXPI	D	-0.1%	0.01%	-0.1%
OMC	A	-0.31%	0.03%	-0.31%
ORCL	B	-0.84%	0.53%	-0.84%
PANW	D	-0.26%	0.13%	-0.26%
PAYX	C	-0.63%	0.08%	-0.63%
PCAR	D	-0.22%	0.05%	-0.22%
PH	B	1.43%	0.22%	0.22%
PNC	B	-0.52%	0.16%	-0.52%
PNR	B	0.49%	0.2%	0.2%
QCOM	D	1.96%	0.28%	0.28%
RIVN	F	-0.04%	0.01%	-0.04%
RPRX	C	0.26%	0.02%	0.02%
SCHW	D	1.8%	0.15%	0.15%
SNA	B	0.27%	0.01%	0.01%
STE	C	-0.18%	0.03%	-0.18%
STZ	C	-0.06%	0.04%	-0.06%
SYF	C	0.58%	0.06%	0.06%
SYK	C	-0.19%	0.24%	-0.19%
TMO	C	-0.04%	0.38%	-0.04%
TMUS	C	2.04%	0.11%	0.11%
TRMB	C	-0.08%	0.06%	-0.08%
TRV	B	0.99%	0.14%	0.14%
TSLA	C	-0.57%	0.96%	-0.57%
TTD	B	-0.06%	0.05%	-0.06%
TXN	C	-0.41%	0.27%	-0.41%
UNH	C	-0.47%	0.78%	-0.47%
URI	B	-0.2%	0.04%	-0.2%
USB	B	1.21%	0.11%	0.11%
VICI	C	0.44%	0.03%	0.03%
VLTO	C	0.54%	0.03%	0.03%
VMC	D	-0.16%	0.01%	-0.16%
VRSK	D	-0.63%	0.04%	-0.63%
VRSN	D	0.46%	0.01%	0.01%
WAT	C	-0.3%	0.02%	-0.3%
WM	D	-0.52%	0.09%	-0.52%
WMT	B	-0.04%	0.34%	-0.04%
WRB	C	0.32%	0.07%	0.07%
WST	D	-0.06%	0.02%	-0.06%
ZBH	F	-0.41%	0.04%	-0.41%

FTLS Overweight 282 Positions Relative to NZAC

Symbol	Grade	Weight
PM	C	1.93%
FDX	C	1.71%
MO	C	1.48%
MPC	D	1.44%
VLO	D	1.41%
CL	C	1.4%
LNG	D	1.03%
KMI	A	0.99%
TFC	D	0.94%
HPQ	D	0.93%
SYY	D	0.88%
HWM	B	0.84%
FANG	D	0.8%
PBR	D	0.78%
TOL	B	0.63%
JBL	D	0.61%
INSM	D	0.58%
CROX	C	0.58%
RL	B	0.57%
CSL	C	0.55%
CF	B	0.51%
SWK	B	0.47%
CAG	B	0.46%
OKTA	F	0.45%
TWLO	D	0.45%
BJ	D	0.45%
EAT	B	0.4%
GL	C	0.39%
FLEX	C	0.36%
PENN	D	0.36%
ZIM	C	0.34%
TTC	D	0.33%
EXP	B	0.32%
ASO	C	0.32%
TKO	B	0.32%
DBX	D	0.32%
CCK	A	0.3%
CRS	B	0.29%
PI	B	0.28%
JAZZ	D	0.27%
LPX	B	0.27%
SPYV	A	0.26%
IWD	B	0.26%
SCHV	A	0.26%
UHS	B	0.23%
CNK	B	0.23%
AYI	B	0.23%
KNSL	C	0.22%
HRB	C	0.21%
STNG	D	0.2%
WHD	C	0.19%
TWST	D	0.19%
EWBC	C	0.19%
MSM	D	0.19%
MGY	C	0.18%
SAM	F	0.18%
THO	D	0.17%
ADMA	B	0.16%
GLBE	C	0.16%
ALKS	C	0.16%
OPCH	C	0.16%
COLB	B	0.15%
LOGI	D	0.15%
ALSN	B	0.15%
EXEL	B	0.15%
BFAM	C	0.15%
LEG	D	0.14%
UMBF	B	0.14%
ORI	A	0.14%
CBT	B	0.13%
SIGI	C	0.13%
PNFP	B	0.13%
MTG	B	0.13%
TXG	D	0.13%
AXS	B	0.13%
CRC	C	0.13%
PRI	B	0.13%
PAA	D	0.13%
GFF	C	0.12%
HESM	C	0.12%
KRG	B	0.12%
NSA	B	0.12%
MATX	C	0.12%
SFM	B	0.12%
CALM	B	0.12%
CSWI	B	0.11%
WGO	D	0.11%
ENLC	B	0.11%
RDFN	C	0.11%
SMPL	D	0.11%
SKYW	C	0.11%
MMS	D	0.11%
AM	B	0.11%
GMS	C	0.11%
CBSH	C	0.11%
GM	B	0.11%
ESNT	B	0.1%
DBRG	D	0.1%
ZWS	B	0.1%
FTDR	B	0.1%
GRBK	B	0.1%
YOU	B	0.1%
VRNA	B	0.1%
TBBK	B	0.09%
EPR	B	0.09%
EXTR	C	0.09%
THG	A	0.09%
LCII	C	0.09%
ABM	D	0.09%
FOLD	D	0.09%
PPC	D	0.09%
TRMD	C	0.08%
PRGS	C	0.08%
LANC	D	0.08%
CUBI	F	0.08%
KFY	B	0.08%
LOPE	D	0.08%
TCBI	B	0.08%
MQ	F	0.08%
HAYW	C	0.07%
REVG	C	0.07%
AVNT	B	0.07%
BOH	C	0.07%
UBSI	B	0.07%
MYGN	B	0.07%
KMPR	D	0.07%
AZZ	C	0.07%
OTEX	D	0.07%
CARG	B	0.07%
NMIH	B	0.07%
BCRX	C	0.07%
GBCI	B	0.07%
RLI	B	0.07%
VCYT	B	0.07%
CDNA	C	0.06%
SUPN	C	0.06%
AUB	C	0.06%
GSL	D	0.06%
WFG	B	0.06%
COLL	B	0.06%
PLMR	B	0.06%
FHB	C	0.06%
AMPH	C	0.06%
ROIC	B	0.06%
PLXS	B	0.06%
EBC	B	0.06%
BRC	B	0.06%
WMB	B	0.06%
ADUS	B	0.06%
ICFI	C	0.06%
PBH	B	0.06%
CBU	C	-0.02%
WOLF	F	-0.02%
HON	D	-0.02%
KD	D	-0.02%
AER	C	-0.02%
NVEE	F	-0.02%
SAIA	D	-0.02%
LKFN	C	-0.02%
ARM	D	-0.02%
ENS	C	-0.02%
IBOC	C	-0.02%
COHR	B	-0.02%
CVX	D	-0.02%
AZTA	D	-0.03%
GKOS	D	-0.03%
RH	B	-0.03%
DIOD	F	-0.03%
ARLO	F	-0.03%
CFLT	F	-0.03%
OSIS	C	-0.03%
RUN	C	-0.03%
CLH	B	-0.03%
ICHR	F	-0.03%
MARA	F	-0.03%
PSMT	B	-0.03%
VSAT	F	-0.03%
COTY	F	-0.03%
BE	F	-0.03%
GPRE	F	-0.03%
NWSA	D	-0.03%
BIRK	D	-0.03%
ATEC	F	-0.03%
RCL	B	-0.03%
UPST	C	-0.03%
HLN	B	-0.03%
FRO	C	-0.03%
ASPN	D	-0.03%
PAR	B	-0.03%
CRDO	D	-0.03%
SLGN	B	-0.03%
VIST	D	-0.03%
DNB	C	-0.03%
UTZ	C	-0.04%
AMRC	C	-0.04%
MP	D	-0.04%
RDY	D	-0.04%
IRTC	F	-0.04%
FFIN	B	-0.04%
W	D	-0.04%
NEOG	C	-0.04%
BVN	D	-0.04%
EQT	D	-0.04%
ENR	F	-0.04%
SDGR	F	-0.04%
OSK	D	-0.04%
LYFT	D	-0.04%
LMND	D	-0.04%
APPN	D	-0.04%
PRCT	B	-0.04%
GE	B	-0.04%
HHH	C	-0.04%
SOFI	C	-0.04%
RXST	C	-0.04%
CNNE	D	-0.04%
UWMC	C	-0.04%
ACIW	B	-0.05%
CTRA	F	-0.05%
GATX	D	-0.05%
AMRK	C	-0.05%
ERJ	C	-0.05%
SE	B	-0.06%
AEO	D	-0.06%
ZD	D	-0.06%
ACVA	B	-0.06%
VNT	D	-0.07%
SSB	B	-0.07%
VAL	F	-0.07%
AVAV	D	-0.07%
DLB	D	-0.07%
MSA	C	-0.07%
COP	D	-0.07%
VRRM	D	-0.07%
KTOS	B	-0.08%
CCOI	C	-0.09%
R	B	-0.09%
AVY	D	-0.09%
HCA	B	-0.09%
MMYT	B	-0.09%
CHK	D	-0.09%
HAE	D	-0.1%
DY	B	-0.1%
BA	F	-0.1%
MAT	C	-0.1%
VVV	D	-0.11%
BKR	D	-0.12%
ARGX	C	-0.12%
IDCC	B	-0.12%
ING	A	-0.13%
STM	F	-0.13%
NSIT	C	-0.13%
SLB	F	-0.13%
GPC	D	-0.13%
HQY	C	-0.13%
PKG	B	-0.16%
ASX	D	-0.17%
BWXT	D	-0.18%
HII	C	-0.18%
TM	F	-0.18%
GWRE	A	-0.21%
GSK	C	-0.24%
HSBC	B	-0.24%
FMX	F	-0.27%
TYL	C	-0.28%
KR	B	-0.28%
SNPS	D	-0.31%
SAP	A	-0.31%
PG	C	-0.32%
GEHC	C	-0.33%
TTWO	D	-0.33%
CMI	C	-0.36%
UL	C	-0.4%
GEV	B	-0.41%
LMT	C	-0.41%
MDLZ	B	-0.44%
MLM	D	-0.48%
XOM	D	-0.5%
ASML	D	-0.57%
GD	B	-0.64%
CDNS	D	-0.73%
PEP	C	-0.73%
APD	B	-0.74%

FTLS Underweight 265 Positions Relative to NZAC

Symbol	Grade	Weight
EIX	C	-0.84%
V	B	-0.7%
IBM	B	-0.63%
MA	B	-0.62%
ABBV	C	-0.6%
MRK	D	-0.57%
SHW	B	-0.56%
HD	B	-0.55%
ADI	D	-0.51%
SPGI	B	-0.4%
ABBV	C	-0.4%
XYL	D	-0.39%
ADBE	D	-0.38%
TJX	C	-0.37%
BAC	D	-0.36%
DLR	B	-0.35%
CSCO	B	-0.35%
AXP	B	-0.33%
ACM	B	-0.33%
CRM	D	-0.33%
EQIX	B	-0.32%
ITW	B	-0.31%
BSX	B	-0.3%
INTU	D	-0.3%
PLD	C	-0.25%
AMGN	B	-0.25%
BLK	A	-0.24%
MDT	C	-0.24%
ELV	C	-0.24%
CB	B	-0.24%
PFE	C	-0.23%
MCO	A	-0.23%
UNP	B	-0.23%
DHR	B	-0.23%
PGR	A	-0.22%
VZ	B	-0.22%
MMC	C	-0.21%
TD	A	-0.21%
BMY	C	-0.21%
MET	A	-0.2%
PWR	B	-0.2%
BKNG	B	-0.19%
ADP	B	-0.19%
MS	D	-0.19%
T	B	-0.18%
GLW	B	-0.18%
GWW	B	-0.18%
ZTS	B	-0.18%
KLAC	D	-0.18%
WFC	D	-0.18%
CBRE	A	-0.17%
UBER	C	-0.17%
ORLY	B	-0.17%
SONY	D	-0.17%
MELI	B	-0.16%
BX	B	-0.16%
VRTX	D	-0.15%
SBUX	C	-0.15%
REGN	C	-0.15%
PRU	C	-0.14%
ACGL	B	-0.14%
AIG	D	-0.14%
TDG	B	-0.14%
SPG	B	-0.14%
EBAY	B	-0.14%
JNPR	A	-0.14%
AME	C	-0.14%
WELL	B	-0.14%
AMP	B	-0.13%
AVB	B	-0.13%
HPE	D	-0.13%
IQV	C	-0.13%
AMT	C	-0.13%
ICE	B	-0.13%
PSA	B	-0.12%
NKE	D	-0.12%
HIG	A	-0.12%
COF	C	-0.11%
KKR	B	-0.11%
TEL	D	-0.11%
MRVL	C	-0.11%
PYPL	B	-0.11%
NEM	B	-0.11%
EW	F	-0.11%
PPG	C	-0.11%
LRCX	F	-0.11%
BDX	F	-0.11%
CHD	C	-0.1%
TDY	C	-0.1%
AZO	D	-0.1%
GIS	B	-0.1%
ENPH	C	-0.1%
AON	B	-0.1%
ROST	C	-0.1%
ESS	B	-0.1%
APH	D	-0.1%
EQH	C	-0.09%
CSX	D	-0.09%
LI	D	-0.09%
ALLE	B	-0.09%
KDP	A	-0.09%
FTV	C	-0.09%
SCCO	D	-0.08%
RS	D	-0.08%
HUM	F	-0.08%
YUM	D	-0.08%
MTB	B	-0.08%
IDXX	C	-0.08%
EQR	B	-0.08%
ROK	D	-0.08%
BR	D	-0.08%
RMD	C	-0.08%
CTSH	C	-0.08%
CCI	B	-0.08%
ADSK	B	-0.08%
REG	C	-0.08%
SHOP	C	-0.08%
UPS	D	-0.07%
GRMN	D	-0.07%
CHTR	D	-0.07%
MKL	C	-0.07%
LEN	B	-0.07%
MTD	D	-0.07%
DFS	C	-0.07%
WTW	B	-0.07%
FTNT	C	-0.07%
BXP	B	-0.07%
LULU	D	-0.07%
DHI	B	-0.07%
CMG	C	-0.07%
AFG	B	-0.07%
WIT	C	-0.07%
WAB	A	-0.07%
O	B	-0.07%
AJG	C	-0.07%
VTR	C	-0.06%
RF	B	-0.06%
GILD	B	-0.06%
IRM	B	-0.06%
ANET	B	-0.06%
HSY	C	-0.06%
CINF	B	-0.06%
A	C	-0.06%
ECL	B	-0.06%
PDD	F	-0.06%
EXR	B	-0.05%
TCOM	C	-0.05%
HOLX	B	-0.05%
GS	D	-0.05%
BRO	C	-0.05%
HSIC	C	-0.05%
ULTA	D	-0.05%
LYV	B	-0.04%
BCS	B	-0.04%
CPRT	D	-0.04%
AVTR	B	-0.04%
ALNY	B	-0.04%
PLTR	B	-0.04%
CPAY	B	-0.04%
NDAQ	B	-0.04%
BIIB	F	-0.04%
IEX	D	-0.04%
ERIE	A	-0.04%
AXON	B	-0.04%
ABNB	D	-0.04%
TROW	D	-0.04%
UHAL	B	-0.04%
TER	D	-0.04%
EL	F	-0.04%
PHM	B	-0.04%
GPN	D	-0.04%
TGT	C	-0.03%
GDDY	C	-0.03%
DLTR	F	-0.03%
RJF	C	-0.03%
BAH	B	-0.03%
MNST	C	-0.03%
CSGP	D	-0.03%
ALGN	D	-0.03%
FOX	B	-0.03%
BAX	C	-0.03%
XPEV	D	-0.03%
EG	B	-0.03%
VEEV	C	-0.03%
CARR	B	-0.03%
IT	B	-0.03%
CEG	C	-0.03%
SBAC	C	-0.03%
FOXA	B	-0.03%
LKQ	D	-0.03%
BIDU	F	-0.03%
AZN	D	-0.03%
CBOE	C	-0.03%
DXCM	F	-0.03%
TW	A	-0.02%
ANSS	F	-0.02%
STT	A	-0.02%
WPC	B	-0.02%
HBAN	B	-0.02%
LYG	B	-0.02%
VRT	C	-0.02%
DASH	C	-0.02%
TEVA	C	-0.02%
TT	B	-0.02%
SEIC	B	-0.02%
ZM	C	-0.02%
ROL	C	-0.02%
ZBRA	B	-0.02%
NIO	D	-0.02%
PODD	B	-0.02%
COIN	F	-0.02%
MAR	C	-0.02%
SQ	D	-0.02%
DGX	B	-0.02%
SMCI	F	-0.02%
HEI	B	-0.02%
SNOW	F	-0.02%
ODFL	C	-0.02%
HLT	B	-0.02%
MOH	C	-0.02%
BMRN	F	-0.02%
TFX	C	-0.02%
CTLT	B	-0.02%
MRNA	F	-0.02%
ASAI	F	-0.02%
BCH	C	-0.02%
XRX	F	-0.02%
ROP	C	-0.02%
POOL	C	-0.02%
WDAY	D	-0.02%
STLD	D	-0.01%
BBWI	F	-0.01%
WYNN	D	-0.01%
MBAVU	C	-0.01%
MSTR	D	-0.01%
PAYC	D	-0.01%
QGEN	B	-0.01%
SQ	D	-0.01%
MTCH	C	-0.01%
EPAM	D	-0.01%
SNAP	F	-0.01%
JKHY	B	-0.01%
DOCU	C	-0.01%
SWKS	F	-0.01%
BIO	C	-0.01%
EXAS	C	-0.01%
SUI	B	-0.01%
TECH	C	-0.01%
FDS	C	-0.01%
INCY	C	-0.01%
KVUE	B	-0.01%
QFIN	B	-0.01%
CLX	C	-0.01%
MKTX	C	-0.01%
CG	C	-0.01%
Z	B	-0.01%
KB	D	-0.01%
DOC	C	-0.01%
TRU	B	-0.01%
NBIX	F	-0.01%
PINS	F	-0.01%
MKC	B	-0.01%
CRWD	F	-0.01%
WIT	C	-0.0%
NIO	D	-0.0%