FTXL vs. MVFD ETF Comparison

Comparison of First Trust Nasdaq Semiconductor ETF (FTXL) to Monarch Volume Factor Dividend Tree Index ETF (MVFD)

FTXL

First Trust Nasdaq Semiconductor ETF

FTXL Description

The First Trust Nasdaq Semiconductor ETF is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before the Fund's fees and expenses, of an index called the Nasdaq US Smart Semiconductor Index. The Fund seeks to replicate the holdings and weightings of the Nasdaq US Smart Semiconductor Index so as to generate performance results 95% correlated to that of the Nasdaq US Smart Semiconductor Index.

Grade (RS Rating)

Last Trade

$89.55

Average Daily Volume

28,664

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MVFD

Monarch Volume Factor Dividend Tree Index ETF

MVFD Description

MVFD focuses on equities demonstrating strong cash flow and dividend potential, shifting towards fixed income ETFs linked to US Treasurys in unfavorable cash flow scenarios. The fund seeks to mirror the performance of its target index, comprised of 40 equally weighted stocks selected for their financial health and income-producing ability, alongside up to 5 fixed income ETFs. Driving its selection process is the proprietary Volume Factor methodology, which examines stocks by analyzing the dynamics between market volume and price. This analysis is facilitated by a distinctive volume-price confirmation indicator. Evaluating a broad pool of 3,000 U.S. stocks, the methodology generates a composite score to rank and ensure that only the top-performing equities under positive financial conditions are chosen. MVFDs strategy aims for adaptability, modifying its equity-to-fixed income ratio based on prevailing financial trends. Furthermore, the index undergoes quarterly reconstitution to realign with market changes, optimizing the funds portfolio composition accordingly.

Grade (RS Rating)

Last Trade

$26.16

Average Daily Volume

4,197

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FTXL	MVFD
30 Days	-2.30%	-0.83%
60 Days	-3.98%	0.27%
90 Days	6.83%	5.71%
12 Months	37.17%

2 Overlapping Holdings

	Symbol	Grade	Weight in FTXL	Weight in MVFD	Overlap
	AMKR	F	3.56%	2.53%	2.53%
	QCOM	D	7.73%	2.91%	2.91%

FTXL Overweight 29 Positions Relative to MVFD

Symbol	Grade	Weight
NVDA	B	9.48%
AVGO	B	8.49%
INTC	C	8.17%
AMAT	F	7.51%
MU	C	4.48%
ADI	C	3.94%
TXN	A	3.89%
NXPI	C	3.76%
LRCX	F	3.76%
MCHP	F	3.72%
ON	D	3.63%
MRVL	A	3.55%
SWKS	F	3.5%
KLAC	F	3.28%
AMD	F	2.61%
AVT	B	2.21%
QRVO	F	2.13%
COHR	B	1.78%
MPWR	F	1.75%
TER	F	1.59%
CRUS	F	1.29%
LSCC	C	0.6%
PI	C	0.58%
RMBS	C	0.56%
MTSI	B	0.55%
SMTC	B	0.51%
ONTO	F	0.49%
FORM	F	0.46%
ACLS	F	0.42%

FTXL Underweight 37 Positions Relative to MVFD

Symbol	Grade	Weight
MO	A	-3.42%
FOX	A	-3.32%
TGNA	B	-3.3%
FOXA	A	-3.2%
HLNE	A	-3.18%
ADTN	B	-3.08%
VOYA	B	-3.05%
BKH	D	-3.04%
NYT	A	-2.86%
ABM	B	-2.85%
JHG	A	-2.69%
MATX	A	-2.58%
EXPD	D	-2.55%
SR	D	-2.55%
MLI	A	-2.54%
CCK	B	-2.42%
PM	A	-2.41%
MEI	F	-2.41%
WKC	D	-2.32%
AFL	D	-2.31%
GILD	A	-2.27%
RHI	C	-2.25%
WD	C	-2.24%
CL	F	-2.23%
NTAP	D	-2.22%
CHRD	F	-2.22%
CME	B	-2.14%
LPX	D	-2.13%
SSNC	D	-2.09%
SEM	B	-2.08%
ADM	F	-2.07%
ALLY	F	-2.04%
EXPI	B	-2.02%
TTC	F	-1.99%
NRG	B	-1.98%
KBH	D	-1.96%
BCO	D	-1.96%