FVD vs. FELC ETF Comparison

Comparison of First Trust VL Dividend (FVD) to Fidelity Enhanced Large Cap Core ETF (FELC)

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

$45.94

Average Daily Volume

514,623

Number of Holdings ^*

200

* may have additional holdings in another (foreign) market

FELC

Fidelity Enhanced Large Cap Core ETF

FELC Description

The fund will normally invest at least 80% of assets in common stocks included in the S&P 500® Index, which is a market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance. The adviser will generally use computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the index. It will invest in domestic and foreign issuers.

Grade (RS Rating)

Last Trade

$33.64

Average Daily Volume

614,203

Number of Holdings ^*

163

* may have additional holdings in another (foreign) market

Performance

Period	FVD	FELC
30 Days	1.64%	3.48%
60 Days	2.72%	7.44%
90 Days	7.06%	10.48%
12 Months	25.58%

48 Overlapping Holdings

Symbol	Grade	Weight in FVD	Weight in FELC	Overlap
ABBV	D	0.5%	1.28%	0.5%
ABT	B	0.46%	0.58%	0.46%
AMGN	F	0.47%	0.39%	0.39%
BDX	D	0.46%	0.63%	0.46%
BK	B	0.47%	0.11%	0.11%
BMY	B	0.49%	0.73%	0.49%
CAT	B	0.49%	0.9%	0.49%
CL	F	0.42%	0.48%	0.42%
CMCSA	B	0.51%	0.89%	0.51%
CME	B	0.45%	0.51%	0.45%
CSCO	A	0.47%	0.66%	0.47%
CSX	B	0.5%	0.6%	0.5%
CVX	B	0.48%	0.01%	0.01%
ED	D	0.43%	0.16%	0.16%
GILD	B	0.49%	0.78%	0.49%
GRMN	A	0.58%	0.22%	0.22%
GS	B	0.53%	0.14%	0.14%
HD	B	0.44%	1.27%	0.44%
JNJ	F	0.45%	0.78%	0.45%
JPM	B	0.51%	1.84%	0.51%
KO	F	0.42%	0.03%	0.03%
KR	A	0.49%	0.03%	0.03%
LHX	B	0.48%	0.07%	0.07%
LMT	D	0.41%	0.63%	0.41%
MMC	C	0.46%	0.29%	0.29%
MMM	D	0.46%	0.13%	0.13%
MRK	F	0.44%	1.02%	0.44%
MS	A	0.51%	0.27%	0.27%
NOC	C	0.45%	0.63%	0.45%
NSC	B	0.51%	0.37%	0.37%
PEP	F	0.43%	0.06%	0.06%
PFE	F	0.44%	0.49%	0.44%
PG	D	0.44%	0.72%	0.44%
PM	C	0.49%	0.96%	0.49%
PPG	F	0.45%	0.3%	0.3%
PSA	D	0.45%	0.09%	0.09%
RTX	C	0.44%	0.71%	0.44%
SEIC	A	0.51%	0.29%	0.29%
T	C	0.47%	0.82%	0.47%
TJX	B	0.46%	0.56%	0.46%
TRV	B	0.45%	0.47%	0.45%
UNH	B	0.48%	0.57%	0.48%
UNP	D	0.48%	0.77%	0.48%
VZ	D	0.43%	0.09%	0.09%
WM	A	0.47%	0.33%	0.33%
WTW	A	0.5%	0.32%	0.32%
XEL	A	0.48%	0.11%	0.11%
XOM	B	0.46%	1.52%	0.46%

FVD Overweight 152 Positions Relative to FELC

Symbol	Grade	Weight
RHI	B	0.54%
LANC	B	0.54%
GATX	B	0.54%
PINC	B	0.54%
CBSH	A	0.53%
EMR	A	0.53%
IEX	B	0.52%
IOSP	B	0.52%
INGR	B	0.52%
OTTR	C	0.51%
TXN	B	0.51%
SCL	C	0.51%
BAH	C	0.51%
PKG	B	0.51%
WERN	B	0.51%
DTM	A	0.51%
MO	A	0.51%
JJSF	B	0.5%
MSM	B	0.5%
UVV	B	0.5%
ETR	B	0.5%
NEU	C	0.5%
SNA	A	0.5%
LECO	B	0.5%
HLI	B	0.5%
JCI	B	0.49%
SXT	B	0.49%
MSEX	B	0.49%
AIZ	A	0.49%
TROW	B	0.49%
ITW	B	0.49%
CMI	B	0.49%
WDFC	A	0.49%
IDA	A	0.49%
FAST	B	0.49%
POOL	D	0.48%
CPK	B	0.48%
CTSH	A	0.48%
TM	D	0.48%
SRE	A	0.48%
GNTX	C	0.48%
BTI	D	0.48%
NDSN	B	0.48%
NDAQ	B	0.48%
G	B	0.48%
ADP	A	0.48%
WSO	A	0.48%
SLGN	A	0.48%
DGX	A	0.48%
PAYX	B	0.48%
NWN	B	0.47%
AWR	B	0.47%
EQIX	C	0.47%
CLX	B	0.47%
DLB	C	0.47%
MMS	C	0.47%
BRC	B	0.47%
UPS	D	0.47%
SIGI	B	0.47%
SNX	C	0.47%
DCI	A	0.47%
THG	A	0.47%
PNW	B	0.47%
MDT	D	0.46%
EXPD	F	0.46%
JNPR	C	0.46%
PPL	A	0.46%
AEE	A	0.46%
CALM	A	0.46%
BKH	B	0.46%
SBUX	B	0.46%
NFG	C	0.46%
DE	D	0.46%
K	A	0.46%
AGR	C	0.46%
EVRG	A	0.46%
TD	D	0.46%
FLO	F	0.46%
WTRG	B	0.46%
SWX	B	0.46%
CNI	F	0.46%
GD	A	0.46%
ADI	D	0.46%
YUM	B	0.46%
BR	A	0.46%
RIO	F	0.46%
OGS	B	0.46%
NI	A	0.46%
NJR	B	0.46%
ALE	A	0.46%
DOX	A	0.46%
AOS	F	0.45%
POR	D	0.45%
TAK	F	0.45%
TGT	C	0.45%
ATO	A	0.45%
HON	B	0.45%
CHRW	B	0.45%
CPB	F	0.45%
CAG	F	0.45%
ALL	A	0.45%
TSCO	D	0.45%
HRL	F	0.45%
CWT	D	0.45%
SON	F	0.45%
MKC	D	0.45%
SR	C	0.45%
CNA	D	0.45%
NWE	C	0.45%
BAX	F	0.45%
LOW	B	0.44%
EXC	D	0.44%
AWK	D	0.44%
ACN	C	0.44%
AVY	F	0.44%
DUK	D	0.44%
DTE	D	0.44%
UL	D	0.44%
OTIS	D	0.44%
CMS	D	0.44%
SJW	D	0.44%
SNY	F	0.44%
TSM	C	0.44%
HSY	D	0.44%
EIX	D	0.44%
GIS	F	0.44%
STZ	D	0.44%
AEP	D	0.44%
AFL	C	0.44%
INFY	D	0.44%
SJM	F	0.44%
WEC	B	0.44%
NKE	F	0.43%
APD	B	0.43%
LNT	C	0.43%
PEG	D	0.43%
MCD	D	0.43%
CB	D	0.43%
GSK	F	0.43%
KHC	F	0.43%
MDLZ	F	0.43%
SO	D	0.43%
REYN	D	0.42%
KMB	F	0.42%
HMC	F	0.42%
ES	F	0.42%
IBM	D	0.42%
NVS	F	0.42%
KDP	D	0.41%
DEO	F	0.4%
AZN	F	0.38%
HII	D	0.36%

FVD Underweight 115 Positions Relative to FELC

Symbol	Grade	Weight
AAPL	D	-7.4%
NVDA	A	-7.32%
MSFT	C	-5.74%
AMZN	B	-3.62%
META	B	-3.03%
BRK.A	C	-2.19%
GOOGL	B	-2.05%
GOOG	B	-1.9%
AVGO	B	-1.89%
MA	A	-1.36%
NFLX	A	-1.2%
CRM	B	-1.14%
WMT	A	-1.14%
BAC	A	-1.1%
ADBE	C	-0.94%
TSLA	B	-0.9%
LLY	D	-0.88%
QCOM	F	-0.87%
NEE	D	-0.8%
SPGI	D	-0.79%
AMAT	F	-0.75%
PGR	B	-0.72%
SCHW	A	-0.71%
MU	C	-0.69%
CTAS	A	-0.67%
CI	D	-0.64%
TMO	F	-0.63%
ECL	D	-0.61%
EXEL	B	-0.61%
ZM	A	-0.57%
DIS	C	-0.56%
SPG	B	-0.56%
DBX	B	-0.55%
SQ	A	-0.55%
CVNA	B	-0.54%
DVN	F	-0.53%
NOW	A	-0.53%
CACI	B	-0.51%
IGT	D	-0.51%
PCAR	B	-0.49%
TT	A	-0.49%
MSI	B	-0.48%
LRCX	F	-0.48%
SSNC	C	-0.48%
TXT	D	-0.47%
ANET	C	-0.44%
V	A	-0.44%
TDC	D	-0.43%
EOG	B	-0.42%
ANF	D	-0.42%
CMG	B	-0.41%
UBER	F	-0.39%
GE	C	-0.39%
AON	A	-0.38%
ALLE	D	-0.34%
MSCI	B	-0.33%
KLAC	F	-0.33%
PYPL	B	-0.32%
AXP	B	-0.31%
CAH	B	-0.31%
COST	B	-0.3%
LDOS	A	-0.28%
INCY	B	-0.28%
NBIX	C	-0.26%
CVS	F	-0.25%
CCL	A	-0.24%
STLD	B	-0.24%
MEDP	D	-0.23%
ETN	A	-0.22%
GL	B	-0.21%
GAP	C	-0.21%
NUE	C	-0.2%
PEGA	A	-0.19%
SKYW	B	-0.18%
DASH	A	-0.17%
LYFT	B	-0.17%
IDXX	D	-0.16%
ALRM	C	-0.16%
UNM	A	-0.16%
AMT	F	-0.16%
WDAY	B	-0.15%
QRVO	F	-0.14%
BKNG	A	-0.13%
LNW	C	-0.12%
TWLO	B	-0.12%
BBWI	C	-0.11%
BIIB	F	-0.11%
PNC	A	-0.11%
CRUS	F	-0.11%
MGM	F	-0.1%
NRG	B	-0.1%
F	C	-0.1%
VST	B	-0.1%
SOLV	C	-0.1%
CINF	A	-0.09%
HWM	B	-0.09%
VEEV	B	-0.08%
FR	D	-0.08%
DHI	D	-0.07%
UTHR	B	-0.06%
SCCO	D	-0.06%
WFC	B	-0.05%
AXTA	B	-0.05%
ROST	F	-0.04%
ORCL	A	-0.04%
GEHC	D	-0.04%
DOCU	A	-0.03%
SWKS	F	-0.03%
PLTK	B	-0.03%
GPN	B	-0.02%
COF	B	-0.02%
C	B	-0.02%
SYK	A	-0.02%
EQH	B	-0.02%
OXY	F	-0.01%