FVD vs. ADME ETF Comparison

Comparison of First Trust VL Dividend (FVD) to Aptus Drawdown Managed Equity ETF (ADME)

FVD

First Trust VL Dividend

FVD 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 Value Line(R) Dividend Index(TM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is a modified equal-dollar weighted index comprised of U.S. exchange-listed securities of companies that pay above-average dividends and have potential for capital appreciation.

Grade (RS Rating)

Last Trade

$46.66

Average Daily Volume

488,666

Number of Holdings ^*

201

* may have additional holdings in another (foreign) market

ADME

Aptus Drawdown Managed Equity ETF

ADME Description

The investment seeks capital appreciation with downside protection. The fund is an actively managed exchange-traded fund (ETF) that seeks to achieve its objective principally by investing in a portfolio of typically 40 to 50 U.S.-listed equity securities, while limiting downside risk by purchasing exchange-listed put options on one or more broad-based indexes or ETFs that track the performance of the U.S. equity market. Under normal circumstances, at least 80% of the fund's net assets (plus borrowings for investment purposes) will be invested in equity securities.

Grade (RS Rating)

Last Trade

$47.59

Average Daily Volume

34,161

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FVD	ADME
30 Days	3.71%	2.15%
60 Days	3.14%	3.21%
90 Days	5.69%	4.52%
12 Months	22.99%	28.04%

31 Overlapping Holdings

Symbol	Grade	Weight in FVD	Weight in ADME	Overlap
ABBV	D	0.42%	0.65%	0.42%
ABT	B	0.46%	0.8%	0.46%
ACN	C	0.45%	1.13%	0.45%
ADI	D	0.44%	0.86%	0.44%
ADP	B	0.48%	0.32%	0.32%
AMGN	D	0.43%	0.36%	0.36%
BLK	C	0.49%	1.23%	0.49%
BMY	B	0.52%	0.71%	0.52%
BR	A	0.48%	0.42%	0.42%
CAT	B	0.46%	1.74%	0.46%
CMCSA	B	0.5%	0.38%	0.38%
CSX	B	0.49%	1.01%	0.49%
DE	A	0.45%	0.64%	0.45%
DUK	C	0.43%	0.64%	0.43%
HON	B	0.48%	0.91%	0.48%
JNJ	D	0.43%	1.02%	0.43%
JPM	A	0.5%	2.0%	0.5%
KO	D	0.42%	1.13%	0.42%
LMT	D	0.41%	1.61%	0.41%
LOW	D	0.45%	1.2%	0.45%
MCD	D	0.44%	0.96%	0.44%
MKC	D	0.45%	0.68%	0.45%
MMC	B	0.46%	0.89%	0.46%
MO	A	0.52%	0.6%	0.52%
MS	A	0.52%	1.15%	0.52%
PG	A	0.46%	1.11%	0.46%
PSA	D	0.46%	0.48%	0.46%
SO	D	0.44%	1.0%	0.44%
TJX	A	0.48%	0.87%	0.48%
UNH	C	0.48%	1.25%	0.48%
XOM	B	0.47%	1.84%	0.47%

FVD Overweight 170 Positions Relative to ADME

Symbol	Grade	Weight
GRMN	B	0.59%
GATX	A	0.54%
G	B	0.54%
EMR	A	0.54%
CBSH	A	0.54%
GS	A	0.53%
DTM	B	0.53%
PINC	B	0.53%
RHI	B	0.53%
AIZ	A	0.52%
INGR	B	0.52%
IDA	A	0.52%
SEIC	B	0.52%
XEL	A	0.51%
ETR	B	0.51%
CMI	A	0.51%
IOSP	B	0.51%
IEX	B	0.51%
SNA	A	0.51%
JCI	C	0.51%
SRE	A	0.5%
NSC	B	0.5%
GILD	C	0.5%
WSO	A	0.5%
HLI	B	0.5%
LANC	C	0.5%
CVX	A	0.5%
UVV	B	0.5%
PKG	A	0.5%
WERN	C	0.5%
PM	B	0.5%
WTW	B	0.5%
WDFC	B	0.5%
ITW	B	0.49%
WM	A	0.49%
CPK	A	0.49%
KR	B	0.49%
NEU	C	0.49%
SLGN	A	0.49%
NDAQ	A	0.49%
CTSH	B	0.49%
TROW	B	0.49%
TXN	C	0.49%
FAST	B	0.49%
THG	A	0.49%
DGX	A	0.49%
BK	A	0.48%
OTTR	C	0.48%
DCI	B	0.48%
CSCO	B	0.48%
CHRW	C	0.48%
TM	D	0.48%
EVRG	A	0.48%
T	A	0.48%
SBUX	A	0.48%
GNTX	C	0.48%
NI	A	0.48%
SCL	C	0.48%
CLX	B	0.48%
PAYX	C	0.48%
BKH	A	0.48%
SWX	B	0.48%
BTI	B	0.48%
MSM	C	0.48%
LECO	B	0.48%
PNW	B	0.48%
BRC	D	0.47%
AGR	B	0.47%
ALE	A	0.47%
NWN	A	0.47%
OGS	A	0.47%
EXPD	D	0.47%
UPS	C	0.47%
STZ	D	0.47%
SXT	B	0.47%
NDSN	B	0.47%
NJR	A	0.47%
PPL	B	0.47%
ATO	A	0.47%
ALL	A	0.47%
MSEX	B	0.47%
AEE	A	0.47%
TGT	F	0.47%
YUM	B	0.47%
EQIX	A	0.47%
SIGI	C	0.47%
UNP	C	0.46%
CNI	D	0.46%
MMM	D	0.46%
INFY	B	0.46%
CME	A	0.46%
DLB	B	0.46%
AWR	B	0.46%
TRV	B	0.46%
NWE	B	0.46%
CALM	A	0.46%
SR	A	0.46%
POOL	C	0.46%
K	A	0.46%
HD	A	0.46%
TD	F	0.46%
JJSF	B	0.46%
LHX	C	0.46%
SNX	C	0.45%
PPG	F	0.45%
TAK	F	0.45%
SON	D	0.45%
CB	C	0.45%
PEG	A	0.45%
NFG	A	0.45%
WEC	A	0.45%
HSY	F	0.45%
FLO	D	0.45%
LNT	A	0.45%
EIX	B	0.45%
HRL	D	0.45%
CNA	B	0.45%
AFL	B	0.45%
JNPR	F	0.45%
AWK	D	0.44%
AEP	D	0.44%
TSCO	D	0.44%
CPB	D	0.44%
CWT	D	0.44%
GIS	D	0.44%
EXC	C	0.44%
PEP	F	0.44%
BDX	F	0.44%
RTX	C	0.44%
NOC	D	0.44%
MDT	D	0.44%
OTIS	C	0.44%
POR	C	0.44%
BAH	F	0.44%
CMS	C	0.44%
WTRG	B	0.44%
GD	F	0.44%
DOX	D	0.44%
APD	A	0.44%
CL	D	0.43%
MMS	F	0.43%
UL	D	0.43%
SJM	D	0.43%
MRK	F	0.43%
REYN	D	0.43%
AVY	D	0.43%
AOS	F	0.43%
NKE	D	0.43%
ES	D	0.43%
CAG	D	0.43%
RIO	D	0.43%
MDLZ	F	0.43%
DTE	C	0.43%
TSM	B	0.43%
VZ	C	0.43%
NVS	D	0.42%
KHC	F	0.42%
ED	D	0.42%
PFE	D	0.42%
GSK	F	0.42%
IBM	C	0.42%
KDP	D	0.42%
SJW	D	0.42%
KMB	D	0.42%
DEO	F	0.41%
SNY	F	0.41%
BAX	D	0.4%
AZN	D	0.39%
HMC	F	0.39%
HII	D	0.35%

FVD Underweight 45 Positions Relative to ADME

Symbol	Grade	Weight
NVDA	C	-7.17%
AAPL	C	-6.89%
MSFT	F	-6.09%
AMZN	C	-3.67%
GOOG	C	-3.58%
META	D	-2.44%
NOW	A	-2.11%
AVGO	D	-1.93%
TSLA	B	-1.89%
SYK	C	-1.82%
V	A	-1.79%
BRK.A	B	-1.72%
PGR	A	-1.68%
AMAT	F	-1.34%
NFLX	A	-1.33%
LIN	D	-1.31%
TMUS	B	-1.23%
WMT	A	-1.2%
LLY	F	-1.19%
MAR	B	-1.11%
FI	A	-1.09%
COST	B	-1.05%
INTU	C	-1.05%
ISRG	A	-1.05%
TMO	F	-1.04%
BAC	A	-1.02%
CTAS	B	-0.97%
MSI	B	-0.9%
AMT	D	-0.82%
PHM	D	-0.8%
FANG	D	-0.74%
ICE	C	-0.71%
DLR	B	-0.71%
NEE	D	-0.69%
ETN	A	-0.63%
C	A	-0.62%
TYL	B	-0.59%
EOG	A	-0.48%
ADBE	C	-0.47%
AMD	F	-0.45%
VRTX	F	-0.45%
HCA	F	-0.45%
SHW	A	-0.44%
FCX	D	-0.35%
SLB	C	-0.25%