FTXL vs. WBIF ETF Comparison

Comparison of First Trust Nasdaq Semiconductor ETF (FTXL) to WBI Large Cap Tactical Value Shares (WBIF)

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

$87.19

Average Daily Volume

28,488

Number of Holdings ^*

* may have additional holdings in another (foreign) market

WBIF

WBI Large Cap Tactical Value Shares

WBIF Description

The investment seeks long-term capital appreciation and the potential for current income, while also seeking to protect principal during unfavorable market conditions. The fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the equity securities of large capitalization domestic and foreign companies which WBI Investments, Inc., the sub-advisor to the fund and an affiliate of Millington Securities Inc., the advisor, believes display an attractive discount in a company's intrinsic value relative to its market price, and up to 20% of its net assets in other tactical investment opportunities.

Grade (RS Rating)

Last Trade

$29.65

Average Daily Volume

1,655

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FTXL	WBIF
30 Days	-6.35%	-0.06%
60 Days	-3.44%	2.03%
90 Days	-8.20%	2.58%
12 Months	18.72%	11.21%

2 Overlapping Holdings

	Symbol	Grade	Weight in FTXL	Weight in WBIF	Overlap
	AMAT	F	7.7%	4.05%	4.05%
	LRCX	F	3.75%	1.42%	1.42%

FTXL Overweight 29 Positions Relative to WBIF

Symbol	Grade	Weight
NVDA	A	10.11%
INTC	C	8.92%
AVGO	C	8.81%
QCOM	F	7.59%
MU	D	4.4%
MRVL	B	4.05%
TXN	C	4.04%
ADI	D	3.81%
ON	F	3.67%
NXPI	F	3.57%
MCHP	F	3.33%
KLAC	F	3.3%
AMKR	F	3.24%
SWKS	F	3.23%
AMD	F	2.47%
AVT	C	2.22%
COHR	B	1.93%
TER	F	1.57%
QRVO	F	1.45%
MPWR	F	1.26%
CRUS	F	1.13%
RMBS	C	0.74%
MTSI	B	0.62%
PI	D	0.6%
LSCC	D	0.59%
SMTC	C	0.58%
FORM	F	0.45%
ONTO	F	0.42%
ACLS	F	0.39%

FTXL Underweight 42 Positions Relative to WBIF

Symbol	Grade	Weight
WRB	B	-4.61%
EME	A	-4.41%
CI	D	-4.2%
V	A	-4.17%
ACN	C	-4.03%
PRU	B	-4.0%
CMS	C	-3.96%
MCK	A	-3.91%
UNM	A	-3.69%
VOYA	B	-3.23%
RGA	B	-3.08%
OXY	F	-2.86%
PM	A	-2.13%
MMC	D	-2.12%
MLI	B	-1.74%
ADP	B	-1.56%
AXP	B	-1.52%
NXST	C	-1.49%
AME	A	-1.42%
PAYX	B	-1.41%
PRI	A	-1.37%
G	B	-1.34%
TXRH	B	-1.31%
CASY	A	-1.31%
BR	B	-1.31%
RMD	C	-1.3%
FLTR	A	-0.75%
AGZD	A	-0.74%
FALN	A	-0.74%
SYF	B	-0.72%
ALSN	B	-0.68%
FTSL	A	-0.68%
EQH	B	-0.61%
CBT	C	-0.57%
DOX	D	-0.57%
DCI	B	-0.56%
THG	A	-0.56%
TOL	B	-0.54%
GL	C	-0.54%
ALLE	D	-0.53%
STIP	A	-0.53%
BKLN	A	-0.31%