FTXO vs. ADPV ETF Comparison

Comparison of First Trust Nasdaq Bank ETF (FTXO) to Adaptiv Select ETF (ADPV)

FTXO

First Trust Nasdaq Bank ETF

FTXO Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Nasdaq US Smart Banks Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depository receipts that comprise the underlying index. The index is designed to provide exposure to U.S. companies comprising the banking sector that have been selected based upon their liquidity and weighted based upon their cumulative score on three investing factors: volatility, value and growth. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$28.93

Average Daily Volume

19,094

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ADPV

Adaptiv Select ETF

ADPV Description

To achieve its investment objective of long-term capital appreciation, the fund will invest substantially all of its net assets in a portfolio of publicly-listed equity securities of U.S. large capitalization companies during broad U.S. equity market uptrends. The fund will primarily own common stocks, but may also invest in equity securities of REITS to the extent such REITS are among the 1,000 largest capitalized U.S.-listed stocks. It is non-diversified.

Grade (RS Rating)

Last Trade

$31.85

Average Daily Volume

5,061

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FTXO	ADPV
30 Days	-0.33%	0.50%
60 Days	9.26%	12.02%
90 Days	10.40%	4.10%
12 Months	47.74%	34.57%

2 Overlapping Holdings

	Symbol	Grade	Weight in FTXO	Weight in ADPV	Overlap
	HBAN	B	3.59%	5.05%	3.59%
	KEY	B	2.56%	4.52%	2.56%

FTXO Overweight 48 Positions Relative to ADPV

Symbol	Grade	Weight
C	B	7.97%
BAC	B	7.85%
WFC	B	7.8%
USB	C	7.76%
JPM	C	7.55%
MTB	A	4.12%
PNC	C	4.01%
CFG	C	3.81%
FCNCA	D	3.74%
FITB	C	3.73%
RF	B	3.36%
WBS	D	1.78%
FHN	D	1.71%
PB	D	1.5%
EWBC	B	1.46%
WAL	C	1.32%
PNFP	B	1.23%
SSB	C	1.18%
COLB	C	1.12%
BOKF	B	1.11%
BPOP	D	1.08%
ONB	D	1.08%
WTFC	B	1.07%
ZION	D	1.04%
OZK	D	1.01%
UBSI	D	0.98%
SNV	D	0.95%
HWC	D	0.79%
HOMB	D	0.79%
CFR	B	0.77%
ABCB	C	0.74%
UMBF	C	0.68%
CBSH	D	0.6%
CATY	B	0.57%
FULT	D	0.52%
FFIN	D	0.52%
BKU	D	0.52%
FBP	B	0.51%
TBBK	A	0.51%
SFBS	B	0.5%
IBOC	D	0.5%
BANF	D	0.5%
PRK	D	0.49%
WSFS	D	0.49%
CBU	D	0.48%
WAFD	D	0.48%
FFBC	D	0.48%
AX	D	0.46%

FTXO Underweight 8 Positions Relative to ADPV

Symbol	Grade	Weight
AMCR	C	-5.81%
PPC	C	-5.59%
VIRT	B	-4.77%
FNB	D	-4.74%
T	B	-4.71%
OWL	A	-4.7%
PLTR	A	-4.57%
NU	D	-4.51%