FVD vs. FQAL ETF Comparison

Comparison of First Trust VL Dividend (FVD) to Fidelity Quality Factor ETF (FQAL)

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

$45.20

Average Daily Volume

740,835

Number of Holdings ^*

194

* may have additional holdings in another (foreign) market

FQAL

Fidelity Quality Factor ETF

FQAL Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Quality Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Quality Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with a higher quality profile than the broader market.

Grade (RS Rating)

Last Trade

$64.18

Average Daily Volume

46,112

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	FVD	FQAL
30 Days	3.55%	1.99%
60 Days	7.13%	4.59%
90 Days	10.53%	4.90%
12 Months	19.02%	28.74%

39 Overlapping Holdings

Symbol	Grade	Weight in FVD	Weight in FQAL	Overlap
ABBV	C	0.47%	1.39%	0.47%
ACN	C	0.5%	1.08%	0.5%
ADP	B	0.49%	0.62%	0.49%
AVY	C	0.48%	0.17%	0.17%
BMY	C	0.48%	0.91%	0.48%
CAT	B	0.47%	0.7%	0.47%
CBSH	C	0.47%	0.63%	0.47%
CL	D	0.49%	0.43%	0.43%
CME	C	0.5%	0.85%	0.5%
CSX	D	0.48%	0.49%	0.48%
CVX	D	0.45%	0.61%	0.45%
FAST	C	0.5%	0.47%	0.47%
GILD	B	0.52%	0.98%	0.52%
GRMN	D	0.49%	0.79%	0.49%
HD	B	0.48%	1.43%	0.48%
HSY	C	0.49%	0.3%	0.3%
ITW	C	0.48%	0.51%	0.48%
JNJ	C	0.48%	1.5%	0.48%
KMB	D	0.48%	0.34%	0.34%
KO	C	0.48%	0.79%	0.48%
LMT	C	0.49%	0.62%	0.49%
LOW	B	0.48%	0.99%	0.48%
MCD	B	0.49%	1.15%	0.49%
MDLZ	B	0.5%	0.46%	0.46%
MMM	B	0.48%	0.53%	0.48%
MO	C	0.48%	0.43%	0.43%
NFG	B	0.48%	0.2%	0.2%
OTIS	C	0.48%	0.44%	0.44%
PAYX	C	0.5%	0.48%	0.48%
PG	C	0.49%	1.04%	0.49%
PM	C	0.5%	0.63%	0.5%
PSA	B	0.51%	0.26%	0.26%
SO	B	0.49%	0.38%	0.38%
T	C	0.53%	0.57%	0.53%
UNP	C	0.48%	0.67%	0.48%
VZ	B	0.51%	0.62%	0.51%
WEC	C	0.49%	0.26%	0.26%
XOM	C	0.45%	1.12%	0.45%
YUM	D	0.48%	0.75%	0.48%

FVD Overweight 155 Positions Relative to FQAL

Symbol	Grade	Weight
TR	C	0.53%
IBM	B	0.52%
EXC	C	0.51%
NSC	C	0.51%
MKC	C	0.51%
TRV	C	0.51%
BTI	C	0.51%
EQIX	C	0.51%
THG	B	0.51%
CLX	C	0.51%
PEG	B	0.5%
NDAQ	A	0.5%
GIS	B	0.5%
BK	B	0.5%
OGS	B	0.5%
GD	B	0.5%
ETR	B	0.5%
ATO	B	0.5%
INFY	C	0.5%
HUBB	B	0.5%
ABT	C	0.5%
REYN	C	0.5%
LANC	D	0.5%
SBUX	C	0.5%
BAX	C	0.5%
XEL	B	0.5%
JKHY	B	0.5%
AEP	C	0.5%
TD	B	0.5%
KR	C	0.5%
CB	B	0.5%
PEP	C	0.49%
MDT	C	0.49%
SIGI	D	0.49%
ALE	B	0.49%
ES	C	0.49%
PFE	C	0.49%
SNY	B	0.49%
AWR	B	0.49%
TMUS	C	0.49%
AMGN	B	0.49%
DE	B	0.49%
CNI	D	0.49%
AEE	C	0.49%
RTX	C	0.49%
LNT	B	0.49%
NOC	B	0.49%
IDA	C	0.49%
GSK	C	0.49%
TSM	C	0.49%
WTW	C	0.49%
SON	C	0.49%
INGR	B	0.49%
ALL	B	0.49%
MSEX	C	0.49%
EVRG	B	0.49%
UL	C	0.49%
PKG	B	0.49%
CAG	C	0.49%
CPK	B	0.49%
CMS	C	0.49%
TSCO	C	0.49%
ED	C	0.49%
NI	B	0.49%
MMC	C	0.49%
KDP	B	0.49%
DUK	C	0.49%
CPB	C	0.48%
PINC	C	0.48%
WDFC	C	0.48%
PPG	D	0.48%
SEIC	C	0.48%
POR	C	0.48%
BRC	C	0.48%
MRK	D	0.48%
CWT	C	0.48%
DTM	B	0.48%
PCAR	D	0.48%
AGR	B	0.48%
JNPR	B	0.48%
SR	B	0.48%
NEU	D	0.48%
AIZ	B	0.48%
FLO	C	0.48%
CTSH	C	0.48%
UPS	D	0.48%
K	B	0.48%
SRE	C	0.48%
WM	D	0.48%
LHX	C	0.48%
BDX	D	0.48%
JCI	B	0.48%
DTE	C	0.48%
DOX	C	0.48%
PPL	C	0.48%
UNH	C	0.48%
BLK	B	0.48%
HON	D	0.48%
AFL	C	0.48%
APD	B	0.48%
BAH	C	0.48%
BR	D	0.48%
DGX	B	0.48%
NJR	B	0.48%
EMR	D	0.47%
NVS	C	0.47%
IEX	D	0.47%
CALM	A	0.47%
POOL	C	0.47%
CHRW	B	0.47%
SJM	C	0.47%
GATX	D	0.47%
SLGN	B	0.47%
CNA	C	0.47%
WERN	D	0.47%
NWN	C	0.47%
TM	F	0.47%
CMCSA	D	0.47%
CSCO	C	0.47%
WSO	C	0.47%
HRL	C	0.47%
JJSF	C	0.47%
WTRG	D	0.47%
HLI	B	0.47%
KHC	C	0.47%
DLB	D	0.47%
SXT	C	0.47%
SNA	C	0.47%
HMC	D	0.47%
ADI	C	0.47%
DEO	C	0.47%
TJX	B	0.47%
G	C	0.47%
MS	D	0.46%
TEL	D	0.46%
MMS	C	0.46%
MSM	D	0.46%
CMI	C	0.46%
TROW	D	0.46%
SWX	C	0.46%
RHI	D	0.46%
AOS	D	0.46%
NKE	D	0.45%
SCL	D	0.45%
HII	D	0.45%
GS	C	0.45%
IOSP	D	0.45%
DCI	C	0.45%
UVV	D	0.45%
TXN	C	0.45%
JPM	D	0.45%
SNX	D	0.44%
GNTX	F	0.44%
LECO	F	0.43%
OTTR	F	0.4%

FVD Underweight 85 Positions Relative to FQAL

Symbol	Grade	Weight
AAPL	C	-6.81%
MSFT	C	-6.74%
NVDA	D	-6.31%
GOOGL	D	-3.44%
META	B	-2.47%
LLY	C	-2.24%
AVGO	C	-2.07%
V	C	-1.54%
MA	B	-1.45%
ADBE	F	-1.17%
COST	B	-1.06%
PGR	B	-1.02%
SPGI	B	-0.99%
BKNG	C	-0.98%
QCOM	D	-0.98%
VRTX	D	-0.92%
ZTS	C	-0.92%
VEEV	C	-0.9%
PANW	D	-0.89%
BX	B	-0.88%
AMAT	D	-0.87%
NFLX	B	-0.84%
IDXX	C	-0.83%
FICO	B	-0.82%
ACGL	C	-0.8%
MCO	B	-0.8%
ORLY	C	-0.8%
KLAC	D	-0.79%
AZO	D	-0.78%
LRCX	F	-0.75%
AMP	A	-0.74%
MSCI	C	-0.73%
CPAY	B	-0.72%
MTD	D	-0.71%
ABNB	D	-0.69%
WSM	D	-0.68%
DPZ	F	-0.68%
KNSL	C	-0.67%
MEDP	F	-0.66%
JXN	A	-0.63%
EWBC	D	-0.62%
CFR	C	-0.61%
LIN	B	-0.57%
QLYS	F	-0.56%
CTAS	B	-0.54%
TDG	B	-0.54%
NEE	C	-0.53%
GWW	B	-0.48%
AME	C	-0.47%
VRSK	D	-0.46%
CPRT	D	-0.44%
ODFL	D	-0.42%
COP	D	-0.39%
TTD	B	-0.38%
PLD	C	-0.36%
AMT	C	-0.34%
CEG	C	-0.32%
MNST	D	-0.31%
SHW	B	-0.31%
EOG	D	-0.29%
WMB	B	-0.28%
ECL	B	-0.26%
VST	C	-0.25%
O	C	-0.24%
NRG	C	-0.24%
FCX	D	-0.24%
LNG	C	-0.24%
SPG	B	-0.23%
EXR	B	-0.21%
AVB	B	-0.2%
VICI	C	-0.2%
EQR	B	-0.19%
UGI	C	-0.19%
TPL	B	-0.19%
MLM	D	-0.18%
SBAC	C	-0.18%
NUE	F	-0.18%
AM	C	-0.18%
ESS	B	-0.17%
GLPI	C	-0.16%
WHD	C	-0.16%
CF	C	-0.16%
EXP	B	-0.15%
RS	D	-0.15%
RGLD	C	-0.15%