FTLS vs. WLDR ETF Comparison

Comparison of First Trust Long/Short Equity (FTLS) to Affinity World Leaders Equity ETF (WLDR)

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

WLDR

Affinity World Leaders Equity ETF

WLDR Description

The investment seeks to provide investment results that correspond generally, before fees and expenses, to the performance of the Thomson Reuters StarMine Affinity World Leaders Index (the index). The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities included in the index. The index is expected to consist of approximately 150 to 250 stocks of companies located in the U.S. and in at least three countries outside of the U.S. and may invest in up to 20 countries. It will be significantly invested in the securities of international companies in addition to securities of U.S. companies.

Grade (RS Rating)

Last Trade

$34.72

Average Daily Volume

3,014

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FTLS	WLDR
30 Days	2.15%	5.56%
60 Days	3.89%	5.63%
90 Days	3.71%	8.20%
12 Months	20.58%	36.70%

29 Overlapping Holdings

Symbol	Grade	Weight in FTLS	Weight in WLDR	Overlap
AER	B	-0.02%	0.51%	-0.02%
ALL	A	0.88%	0.58%	0.58%
AMAT	F	-0.04%	2.91%	-0.04%
BK	A	-0.37%	1.29%	-0.37%
BKR	B	-0.13%	1.0%	-0.13%
BRK.A	B	1.13%	1.21%	1.13%
BURL	A	-0.03%	2.66%	-0.03%
CF	B	0.55%	0.48%	0.48%
CMCSA	B	-0.65%	1.42%	-0.65%
FANG	D	0.83%	0.82%	0.82%
FIS	C	1.0%	0.4%	0.4%
GEN	B	0.45%	1.91%	0.45%
HCA	F	-0.07%	0.63%	-0.07%
KR	B	-0.25%	0.89%	-0.25%
LMT	D	-0.32%	0.94%	-0.32%
LOGI	D	0.13%	0.54%	0.13%
META	D	1.77%	2.91%	1.77%
MMM	D	-0.3%	0.95%	-0.3%
MO	A	1.51%	0.94%	0.94%
NTAP	C	0.75%	2.79%	0.75%
OMC	C	-0.27%	1.2%	-0.27%
PKG	A	-0.15%	0.26%	-0.15%
PM	B	1.92%	1.03%	1.03%
RCL	A	-0.04%	0.78%	-0.04%
SWK	D	0.4%	0.69%	0.4%
TOL	B	0.65%	0.9%	0.65%
UHS	D	0.19%	0.59%	0.19%
VICI	C	0.4%	0.3%	0.3%
WMB	A	0.07%	0.99%	0.07%

FTLS Overweight 355 Positions Relative to WLDR

Symbol	Grade	Weight
AAPL	C	7.44%
NVDA	C	4.84%
MSFT	F	4.45%
AMZN	C	2.74%
TMUS	B	2.32%
SCHW	B	2.26%
C	A	2.18%
LOW	D	2.16%
ACN	C	2.11%
QCOM	F	1.88%
JNJ	D	1.85%
FDX	B	1.69%
PH	A	1.64%
CME	A	1.57%
VLO	C	1.43%
GOOGL	C	1.4%
MPC	D	1.37%
USB	A	1.35%
KMI	A	1.23%
LNG	B	1.19%
CL	D	1.17%
GOOG	C	1.17%
ILMN	D	1.13%
CTAS	B	1.09%
AVGO	D	1.06%
TRV	B	1.05%
TFC	A	1.02%
HPQ	B	1.0%
HWM	A	0.97%
JPM	A	0.93%
LLY	F	0.84%
SYY	B	0.83%
SYF	B	0.79%
PBR	C	0.73%
JBL	B	0.73%
TWLO	A	0.72%
AFL	B	0.7%
RL	B	0.67%
EAT	A	0.65%
CSL	C	0.6%
PNR	A	0.56%
NVR	D	0.55%
INSM	C	0.54%
VLTO	D	0.49%
BJ	A	0.47%
MAS	D	0.46%
VRSN	F	0.45%
OKTA	C	0.45%
CROX	D	0.44%
ZIM	C	0.44%
FLEX	A	0.44%
NTRS	A	0.42%
GL	B	0.41%
NVS	D	0.41%
FFIV	B	0.4%
PENN	C	0.4%
CAG	D	0.38%
DBX	B	0.36%
EXP	A	0.35%
CRS	A	0.34%
SNA	A	0.33%
TKO	B	0.32%
WRB	A	0.32%
JAZZ	B	0.31%
LPX	B	0.31%
TTC	D	0.31%
AYI	B	0.29%
CCK	C	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	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	A	0.2%
MSM	C	0.2%
COLB	A	0.19%
HRB	D	0.19%
EXEL	B	0.19%
THO	B	0.18%
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%
ORI	A	0.15%
MATX	C	0.15%
PRI	A	0.15%
CRC	B	0.15%
SKYW	B	0.15%
GM	B	0.14%
AXS	A	0.14%
CSWI	A	0.13%
PAA	B	0.13%
GMS	B	0.13%
CBSH	A	0.13%
CBT	C	0.13%
LEG	F	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%
MTG	C	0.12%
TCBI	B	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	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%
EPR	D	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%
FHB	A	0.07%
PBH	A	0.07%
PLXS	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%
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%
DNB	B	-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%
IBOC	A	-0.02%
NVEE	F	-0.02%
EA	A	-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	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%
SDGR	C	-0.03%
NEOG	F	-0.03%
OSIS	B	-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	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%
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%
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%
DLB	B	-0.06%
CDW	F	-0.06%
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%
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	F	-0.1%
ING	F	-0.1%
HII	D	-0.11%
ARGX	A	-0.11%
HAE	C	-0.11%
KEYS	A	-0.12%
SLB	C	-0.12%
HQY	B	-0.13%
STE	F	-0.13%
ABT	B	-0.14%
NFLX	A	-0.15%
TM	D	-0.15%
ASX	D	-0.15%
INTC	D	-0.15%
IPG	D	-0.16%
MU	D	-0.16%
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%
PCAR	B	-0.22%
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%
WAT	B	-0.3%
UL	D	-0.3%
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%
HDB	C	-0.38%
UNH	C	-0.4%
MCD	D	-0.41%
ASML	F	-0.41%
ORCL	B	-0.41%
MSI	B	-0.43%
XOM	B	-0.45%
MLM	B	-0.46%
WM	A	-0.47%
DE	A	-0.48%
PNC	B	-0.51%
GD	F	-0.52%
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 44 Positions Relative to WLDR

Symbol	Grade	Weight
APP	B	-3.48%
DELL	C	-3.12%
HPE	B	-2.96%
STX	D	-2.65%
CPNG	D	-2.48%
VTRS	A	-2.18%
DOCU	A	-2.06%
PFE	D	-1.96%
CTSH	B	-1.92%
SSNC	B	-1.74%
EBAY	D	-1.68%
DFS	B	-1.44%
RF	A	-1.32%
VZ	C	-1.31%
TROW	B	-1.31%
TEVA	D	-1.06%
VRT	B	-1.02%
OC	A	-0.95%
USFD	A	-0.87%
BCS	C	-0.8%
CCL	B	-0.77%
CI	F	-0.7%
FI	A	-0.7%
THC	D	-0.66%
ELV	F	-0.64%
PYPL	B	-0.64%
MKL	A	-0.56%
CNC	D	-0.53%
GOLD	D	-0.49%
RNR	C	-0.46%
EMN	D	-0.44%
VST	B	-0.41%
UAL	A	-0.41%
ETR	B	-0.4%
DAL	C	-0.38%
SPG	B	-0.36%
PPL	B	-0.36%
EVRG	A	-0.35%
EXC	C	-0.35%
LUV	C	-0.3%
DOC	D	-0.29%
CPT	B	-0.29%
GLPI	C	-0.28%
NEM	D	-0.22%