FTXL vs. NIXT ETF Comparison

Comparison of First Trust Nasdaq Semiconductor ETF (FTXL) to Research Affiliates Deletions ETF (NIXT)

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

$88.37

Average Daily Volume

29,219

Number of Holdings ^*

* may have additional holdings in another (foreign) market

NIXT

Research Affiliates Deletions ETF

NIXT Description

The index consists of U.S. equity securities of micro-, small- and mid- capitalization companies that are believed to be value stocks. Under normal circumstances, at least 80% of the fund"s total assets (exclusive of collateral held from securities lending) will be invested in U.S. equity securities of micro-, small- and mid- companies.

Grade (RS Rating)

Last Trade

$27.29

Average Daily Volume

41,419

Number of Holdings ^*

137

* may have additional holdings in another (foreign) market

Performance

Period	FTXL	NIXT
30 Days	-3.41%	5.30%
60 Days	-2.76%	4.25%
90 Days	-6.54%
12 Months	22.37%

5 Overlapping Holdings

Symbol	Grade	Weight in FTXL	Weight in NIXT	Overlap
ACLS	F	0.35%	0.43%	0.35%
AVT	C	2.27%	0.68%	0.68%
CRUS	D	1.13%	0.72%	0.72%
QRVO	F	1.49%	0.35%	0.35%
SMTC	B	0.56%	0.82%	0.56%

FTXL Overweight 26 Positions Relative to NIXT

Symbol	Grade	Weight
NVDA	C	9.97%
INTC	D	9.57%
AVGO	D	8.64%
QCOM	F	7.97%
AMAT	F	7.35%
MU	D	4.3%
TXN	C	4.1%
MRVL	B	4.04%
ADI	D	3.79%
NXPI	D	3.65%
LRCX	F	3.65%
ON	D	3.62%
MCHP	D	3.37%
SWKS	F	3.25%
AMKR	D	3.24%
KLAC	D	3.21%
AMD	F	2.49%
COHR	B	1.85%
TER	D	1.58%
MPWR	F	1.2%
RMBS	C	0.73%
MTSI	B	0.61%
LSCC	D	0.59%
PI	D	0.56%
FORM	D	0.42%
ONTO	D	0.41%

FTXL Underweight 132 Positions Relative to NIXT

Symbol	Grade	Weight
LUMN	C	-4.02%
TDS	B	-1.29%
AFRM	B	-1.25%
LITE	B	-1.19%
HBI	B	-1.18%
FTDR	A	-1.15%
LBRDK	C	-1.13%
BFH	B	-1.13%
SIRI	C	-1.08%
ACIW	B	-1.02%
VNO	B	-1.0%
DNLI	D	-1.0%
SLG	B	-1.0%
CHRW	C	-0.99%
OMCL	C	-0.98%
SNDR	B	-0.96%
BKU	A	-0.96%
VFC	C	-0.95%
GEN	B	-0.93%
MAC	B	-0.89%
DEI	B	-0.87%
UAA	C	-0.86%
CMA	A	-0.85%
BXP	D	-0.82%
NRG	B	-0.82%
MKTX	D	-0.81%
AMBA	B	-0.81%
FHB	A	-0.81%
PNM	F	-0.81%
SABR	C	-0.8%
LOPE	B	-0.8%
EQH	B	-0.8%
PNW	B	-0.8%
CCOI	B	-0.8%
REG	B	-0.79%
LNC	B	-0.79%
FNF	B	-0.78%
MSGS	A	-0.77%
RL	B	-0.77%
HIW	D	-0.77%
TNL	A	-0.76%
SHC	F	-0.75%
OUT	A	-0.75%
UHS	D	-0.75%
OGS	A	-0.75%
PAYC	B	-0.75%
ELS	C	-0.75%
MASI	A	-0.75%
BIO	D	-0.74%
JWN	C	-0.74%
TFSL	A	-0.74%
RNG	B	-0.74%
KMX	B	-0.73%
VYX	B	-0.73%
DBX	B	-0.73%
RIVN	F	-0.72%
ALLY	C	-0.72%
MP	B	-0.72%
ZD	C	-0.7%
SAM	C	-0.7%
CNA	B	-0.7%
NWL	B	-0.7%
FRT	B	-0.69%
EPR	D	-0.69%
DXC	B	-0.69%
EMN	D	-0.69%
HE	C	-0.68%
EQC	B	-0.68%
FL	F	-0.68%
ALE	A	-0.68%
CTLT	B	-0.67%
JBLU	F	-0.67%
PINC	B	-0.67%
NVST	B	-0.66%
APLE	B	-0.66%
YETI	C	-0.66%
JKHY	D	-0.65%
JBGS	D	-0.65%
CAR	C	-0.64%
SPR	D	-0.63%
HAS	D	-0.63%
IAC	D	-0.63%
GAP	C	-0.63%
HLF	C	-0.62%
MTCH	D	-0.62%
FMC	D	-0.61%
CABO	C	-0.61%
NEU	C	-0.61%
AMED	F	-0.61%
NOMD	D	-0.6%
PARA	C	-0.59%
ASAN	C	-0.59%
RAMP	C	-0.58%
NGVT	B	-0.58%
HAE	C	-0.58%
HST	C	-0.58%
VAC	B	-0.58%
TFX	F	-0.57%
SGRY	F	-0.57%
NOV	C	-0.56%
PK	B	-0.56%
HP	B	-0.54%
AZTA	D	-0.54%
ARWR	F	-0.53%
PLUG	F	-0.53%
HTZ	C	-0.51%
ENOV	C	-0.51%
CBRL	C	-0.51%
MOS	F	-0.51%
IART	C	-0.5%
VIR	D	-0.5%
LCID	F	-0.5%
BMBL	C	-0.49%
HELE	C	-0.46%
ETSY	D	-0.46%
CRI	D	-0.46%
AEO	F	-0.45%
MQ	F	-0.44%
NSP	D	-0.44%
BBWI	D	-0.43%
KSS	F	-0.43%
ZI	D	-0.42%
XRX	F	-0.4%
NTLA	F	-0.39%
CVI	F	-0.39%
XRAY	F	-0.39%
LEG	F	-0.39%
MRVI	F	-0.37%
TRIP	F	-0.32%
SVC	F	-0.27%
SAGE	F	-0.22%
AGL	F	-0.19%