FVD vs. FTLS ETF Comparison

Comparison of First Trust VL Dividend (FVD) to First Trust Long/Short Equity (FTLS)

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

$45.36

Average Daily Volume

493,085

Number of Holdings ^*

201

* may have additional holdings in another (foreign) market

FTLS

First Trust Long/Short Equity

FTLS Description

The investment seeks to provide investors with long-term total return. Under normal circumstances, at least 80% of the fund's assets (plus the amount of any borrowing for investment purposes) will be exposed to U.S. exchange-listed equity securities of U.S. and foreign companies by investing in such securities directly and/or in U.S. exchange-traded funds ("ETFs") that provide exposure to such securities. It may invest up to 20% of its net assets (plus the amount of any borrowing for investment purposes) in U.S. exchange-listed equity index futures contracts. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$65.45

Average Daily Volume

127,001

Number of Holdings ^*

384

* may have additional holdings in another (foreign) market

Performance

Period	FVD	FTLS
30 Days	-1.20%	0.83%
60 Days	1.00%	4.31%
90 Days	3.71%	3.42%
12 Months	20.52%	20.73%

58 Overlapping Holdings

Symbol	Grade	Weight in FVD	Weight in FTLS	Overlap
ABT	A	0.46%	-0.14%	-0.14%
ACN	C	0.45%	2.13%	0.45%
AFL	C	0.45%	0.69%	0.45%
AIZ	A	0.52%	0.22%	0.22%
ALL	A	0.47%	0.86%	0.47%
APD	A	0.44%	-0.69%	-0.69%
AVY	D	0.43%	-0.07%	-0.07%
BK	B	0.48%	-0.37%	-0.37%
BRC	C	0.47%	0.06%	0.06%
CAG	F	0.43%	0.4%	0.4%
CALM	A	0.46%	0.16%	0.16%
CBSH	A	0.54%	0.12%	0.12%
CL	D	0.43%	1.17%	0.43%
CMCSA	B	0.5%	-0.67%	-0.67%
CME	A	0.46%	1.58%	0.46%
CMI	A	0.51%	-0.36%	-0.36%
CVX	A	0.5%	-0.02%	-0.02%
DE	C	0.45%	-0.5%	-0.5%
DEO	F	0.41%	-0.23%	-0.23%
DLB	F	0.46%	-0.07%	-0.07%
FAST	B	0.49%	-0.03%	-0.03%
GATX	B	0.54%	-0.05%	-0.05%
GD	D	0.44%	-0.55%	-0.55%
GSK	F	0.42%	-0.17%	-0.17%
HII	F	0.35%	-0.12%	-0.12%
HON	B	0.48%	-0.02%	-0.02%
INFY	D	0.46%	-0.16%	-0.16%
JNJ	D	0.43%	1.94%	0.43%
JPM	A	0.5%	0.92%	0.5%
KR	B	0.49%	-0.25%	-0.25%
LANC	D	0.5%	0.08%	0.08%
LMT	D	0.41%	-0.33%	-0.33%
LOW	C	0.45%	2.16%	0.45%
MCD	D	0.44%	-0.41%	-0.41%
MDLZ	F	0.43%	-0.33%	-0.33%
MMM	D	0.46%	-0.3%	-0.3%
MMS	D	0.43%	0.11%	0.11%
MO	A	0.52%	1.48%	0.52%
MSM	D	0.48%	0.21%	0.21%
NSC	B	0.5%	-0.28%	-0.28%
NVS	D	0.42%	0.43%	0.42%
PAYX	B	0.48%	-0.58%	-0.58%
PEP	F	0.44%	-0.57%	-0.57%
PG	C	0.46%	-0.25%	-0.25%
PKG	B	0.5%	-0.15%	-0.15%
PM	A	0.5%	1.88%	0.5%
SIGI	B	0.47%	0.13%	0.13%
SLGN	A	0.49%	-0.03%	-0.03%
SNA	B	0.51%	0.33%	0.33%
STZ	D	0.47%	-0.04%	-0.04%
THG	A	0.49%	0.1%	0.1%
TM	D	0.48%	-0.15%	-0.15%
TRV	A	0.46%	1.05%	0.46%
TXN	C	0.49%	-0.38%	-0.38%
UL	D	0.43%	-0.31%	-0.31%
UNH	C	0.48%	-0.41%	-0.41%
WM	B	0.49%	-0.46%	-0.46%
XOM	B	0.47%	-0.45%	-0.45%

FVD Overweight 143 Positions Relative to FTLS

Symbol	Grade	Weight
GRMN	B	0.59%
G	B	0.54%
EMR	A	0.54%
GS	B	0.53%
DTM	A	0.53%
PINC	B	0.53%
RHI	C	0.53%
INGR	B	0.52%
MS	A	0.52%
BMY	A	0.52%
IDA	A	0.52%
SEIC	B	0.52%
XEL	A	0.51%
ETR	A	0.51%
IOSP	C	0.51%
IEX	B	0.51%
JCI	B	0.51%
SRE	A	0.5%
GILD	C	0.5%
WSO	A	0.5%
HLI	B	0.5%
UVV	B	0.5%
WERN	B	0.5%
WTW	B	0.5%
WDFC	B	0.5%
ITW	B	0.49%
BLK	B	0.49%
CPK	A	0.49%
NEU	D	0.49%
NDAQ	A	0.49%
CTSH	C	0.49%
TROW	B	0.49%
CSX	C	0.49%
DGX	A	0.49%
OTTR	C	0.48%
DCI	B	0.48%
CSCO	B	0.48%
CHRW	B	0.48%
EVRG	A	0.48%
T	A	0.48%
SBUX	A	0.48%
GNTX	F	0.48%
NI	A	0.48%
SCL	D	0.48%
CLX	A	0.48%
BKH	A	0.48%
SWX	A	0.48%
BTI	C	0.48%
TJX	A	0.48%
LECO	C	0.48%
ADP	B	0.48%
PNW	B	0.48%
BR	B	0.48%
AGR	A	0.47%
ALE	A	0.47%
NWN	A	0.47%
OGS	A	0.47%
EXPD	D	0.47%
UPS	C	0.47%
SXT	C	0.47%
NDSN	D	0.47%
NJR	A	0.47%
PPL	A	0.47%
ATO	A	0.47%
MSEX	B	0.47%
AEE	A	0.47%
TGT	B	0.47%
YUM	D	0.47%
EQIX	A	0.47%
UNP	D	0.46%
CNI	F	0.46%
AWR	A	0.46%
NWE	C	0.46%
CAT	C	0.46%
SR	A	0.46%
POOL	D	0.46%
K	B	0.46%
MMC	D	0.46%
HD	A	0.46%
TD	D	0.46%
PSA	C	0.46%
JJSF	C	0.46%
LHX	B	0.46%
SNX	D	0.45%
PPG	F	0.45%
TAK	D	0.45%
MKC	D	0.45%
SON	F	0.45%
CB	C	0.45%
PEG	C	0.45%
NFG	A	0.45%
WEC	A	0.45%
HSY	F	0.45%
FLO	D	0.45%
LNT	A	0.45%
EIX	C	0.45%
HRL	D	0.45%
CNA	C	0.45%
JNPR	D	0.45%
SO	C	0.44%
AWK	C	0.44%
AEP	C	0.44%
ADI	D	0.44%
TSCO	D	0.44%
CPB	D	0.44%
CWT	C	0.44%
GIS	F	0.44%
EXC	C	0.44%
BDX	F	0.44%
RTX	D	0.44%
NOC	D	0.44%
MDT	D	0.44%
OTIS	C	0.44%
POR	C	0.44%
BAH	D	0.44%
CMS	C	0.44%
WTRG	B	0.44%
DOX	D	0.44%
DUK	C	0.43%
SJM	D	0.43%
MRK	F	0.43%
REYN	D	0.43%
AOS	F	0.43%
NKE	F	0.43%
ES	C	0.43%
RIO	D	0.43%
DTE	C	0.43%
TSM	B	0.43%
AMGN	D	0.43%
VZ	C	0.43%
KHC	F	0.42%
ED	C	0.42%
PFE	F	0.42%
KO	D	0.42%
IBM	C	0.42%
KDP	D	0.42%
SJW	F	0.42%
ABBV	F	0.42%
KMB	C	0.42%
SNY	F	0.41%
BAX	F	0.4%
AZN	F	0.39%
HMC	F	0.39%

FVD Underweight 326 Positions Relative to FTLS

Symbol	Grade	Weight
AAPL	C	-7.52%
NVDA	A	-4.98%
MSFT	D	-4.5%
AMZN	B	-2.75%
TMUS	B	-2.29%
C	B	-2.21%
SCHW	A	-2.09%
QCOM	F	-2.01%
META	C	-1.84%
FDX	B	-1.66%
PH	B	-1.65%
GOOGL	B	-1.46%
VLO	C	-1.41%
MPC	D	-1.35%
USB	B	-1.34%
ILMN	C	-1.25%
KMI	A	-1.23%
GOOG	B	-1.22%
AVGO	C	-1.16%
LNG	A	-1.15%
CTAS	B	-1.12%
BRK.A	B	-1.12%
TFC	A	-1.03%
HPQ	B	-1.03%
FIS	C	-0.99%
HWM	A	-0.97%
SYY	D	-0.86%
LLY	F	-0.86%
FANG	D	-0.84%
SYF	B	-0.8%
NTAP	C	-0.79%
JBL	C	-0.79%
PBR	D	-0.72%
RL	C	-0.71%
TWLO	A	-0.7%
TOL	B	-0.66%
EAT	A	-0.63%
CSL	C	-0.6%
NVR	D	-0.56%
CF	A	-0.55%
PNR	B	-0.55%
INSM	C	-0.55%
VLTO	C	-0.5%
BJ	B	-0.49%
FLEX	B	-0.48%
MAS	D	-0.47%
CROX	F	-0.46%
OKTA	D	-0.46%
VRSN	F	-0.46%
ZIM	A	-0.45%
GEN	B	-0.45%
SWK	F	-0.44%
NTRS	A	-0.43%
GL	C	-0.41%
VICI	C	-0.4%
FFIV	B	-0.4%
PENN	C	-0.39%
DBX	C	-0.36%
EXP	B	-0.36%
CRS	A	-0.35%
TTC	F	-0.34%
TKO	A	-0.32%
WRB	B	-0.32%
CCK	D	-0.31%
LPX	B	-0.31%
ALLY	C	-0.31%
JAZZ	C	-0.3%
PI	D	-0.3%
AYI	B	-0.29%
ASO	F	-0.29%
SCHV	A	-0.27%
IWD	B	-0.27%
SPYV	A	-0.26%
RPRX	F	-0.25%
EWBC	A	-0.25%
CNK	A	-0.24%
WHD	B	-0.22%
KNSL	B	-0.21%
HRB	D	-0.21%
UHS	D	-0.2%
SAM	C	-0.2%
EXEL	B	-0.2%
ALSN	B	-0.2%
MGY	A	-0.2%
TWST	F	-0.19%
COLB	B	-0.18%
THO	C	-0.18%
ADMA	C	-0.17%
ALKS	C	-0.17%
SKYW	B	-0.16%
UMBF	B	-0.16%
PNFP	B	-0.16%
SFM	A	-0.16%
STNG	D	-0.16%
GLBE	A	-0.16%
MATX	B	-0.15%
PRI	A	-0.15%
CRC	A	-0.15%
LEG	F	-0.14%
LOGI	F	-0.14%
AXS	A	-0.14%
CBT	C	-0.14%
BFH	B	-0.14%
ORI	A	-0.14%
MTG	D	-0.13%
GMS	B	-0.13%
VRNA	B	-0.13%
CSWI	A	-0.13%
GM	B	-0.13%
PAA	B	-0.13%
OPCH	F	-0.12%
WGO	D	-0.12%
KRG	A	-0.12%
PPC	B	-0.12%
GFF	B	-0.12%
FTDR	B	-0.12%
ZWS	B	-0.12%
BFAM	F	-0.12%
NSA	C	-0.11%
ABM	B	-0.11%
ENLC	A	-0.11%
HESM	A	-0.11%
AM	A	-0.11%
SMPL	B	-0.11%
GBCI	B	-0.1%
TBBK	B	-0.1%
GRBK	D	-0.1%
LOPE	B	-0.1%
YOU	D	-0.1%
EXTR	C	-0.1%
TCBI	B	-0.1%
RDFN	D	-0.1%
ESNT	D	-0.09%
PRGS	B	-0.09%
DBRG	F	-0.09%
PAYO	A	-0.09%
KFY	B	-0.09%
VCYT	B	-0.09%
FOLD	F	-0.09%
LCII	D	-0.09%
TXG	F	-0.09%
AZZ	A	-0.08%
KMPR	A	-0.08%
UBSI	B	-0.08%
PLXS	B	-0.08%
HAYW	B	-0.08%
RLI	A	-0.08%
EPR	D	-0.08%
BOH	B	-0.08%
CARG	B	-0.08%
CUBI	C	-0.08%
NMIH	D	-0.07%
EBC	B	-0.07%
FHB	B	-0.07%
PBH	A	-0.07%
BCRX	D	-0.07%
REVG	B	-0.07%
WMB	A	-0.07%
AVNT	B	-0.07%
AMPH	F	-0.06%
GSL	F	-0.06%
PLMR	A	-0.06%
WFG	C	-0.06%
ADUS	D	-0.06%
AUB	B	-0.06%
ICFI	F	-0.06%
MQ	F	-0.06%
ROIC	A	-0.06%
OTEX	F	-0.06%
SUPN	B	-0.06%
MYGN	F	-0.05%
COLL	F	-0.05%
TRMD	D	-0.05%
CDNA	D	-0.04%
VIST	B	--0.02%
CBU	B	--0.02%
HLN	C	--0.02%
DNB	B	--0.02%
SAIA	C	--0.02%
COTY	F	--0.02%
KD	A	--0.02%
RIVN	F	--0.02%
FRO	D	--0.02%
COHR	B	--0.02%
UWMC	D	--0.02%
WOLF	F	--0.02%
NVEE	F	--0.02%
LKFN	B	--0.02%
AER	B	--0.02%
ARM	F	--0.02%
IBOC	B	--0.02%
RUN	F	--0.02%
VSAT	F	--0.02%
ASPN	F	--0.02%
EA	A	--0.02%
ENS	D	--0.02%
FSLR	F	--0.02%
TFIN	B	--0.03%
ALB	B	--0.03%
MARA	C	--0.03%
RCL	A	--0.03%
HHH	B	--0.03%
UTZ	D	--0.03%
ICHR	C	--0.03%
CNNE	B	--0.03%
NEOG	D	--0.03%
WMT	A	--0.03%
GE	D	--0.03%
GKOS	A	--0.03%
AMRC	F	--0.03%
BVN	D	--0.03%
RDY	D	--0.03%
CLH	C	--0.03%
BURL	A	--0.03%
NWSA	B	--0.03%
DIOD	F	--0.03%
ARLO	C	--0.03%
OSIS	A	--0.03%
PAR	A	--0.03%
PSMT	D	--0.03%
AZTA	F	--0.03%
SDGR	C	--0.03%
BE	A	--0.03%
RXST	F	--0.03%
TMO	F	--0.03%
AMD	F	--0.03%
BIRK	D	--0.03%
AMRK	F	--0.03%
GPRE	F	--0.03%
ATEC	C	--0.04%
CTRA	B	--0.04%
CRDO	B	--0.04%
APPN	C	--0.04%
CFLT	B	--0.04%
AMAT	F	--0.04%
IRTC	C	--0.04%
UPST	B	--0.04%
EQT	A	--0.04%
FFIN	B	--0.04%
ERJ	A	--0.04%
RH	D	--0.04%
PRCT	B	--0.04%
ENR	B	--0.04%
OSK	C	--0.04%
AEO	F	--0.05%
ACIW	B	--0.05%
ZD	B	--0.05%
ACVA	A	--0.05%
SOFI	A	--0.05%
VRRM	F	--0.05%
LYFT	C	--0.05%
LMND	A	--0.05%
TTD	B	--0.06%
COP	B	--0.06%
MSA	D	--0.06%
VAL	F	--0.06%
WST	D	--0.06%
AVAV	C	--0.07%
MMYT	B	--0.07%
APO	A	--0.07%
SSB	B	--0.07%
CDW	F	--0.07%
KTOS	C	--0.07%
MUFG	A	--0.07%
HCA	F	--0.07%
SE	A	--0.07%
DY	C	--0.08%
BA	D	--0.08%
VNT	C	--0.08%
NSIT	F	--0.09%
CCOI	B	--0.09%
TRMB	B	--0.09%
R	B	--0.09%
NXPI	F	--0.09%
MAT	D	--0.09%
HAE	C	--0.1%
ING	D	--0.1%
GPC	F	--0.1%
VVV	D	--0.1%
ARGX	B	--0.11%
STM	F	--0.11%
SLB	C	--0.12%
IDCC	B	--0.13%
BKR	B	--0.13%
KEYS	C	--0.13%
STE	D	--0.13%
NFLX	A	--0.14%
HQY	A	--0.14%
ASX	D	--0.15%
SYK	A	--0.16%
VMC	B	--0.16%
IPG	F	--0.17%
EFX	F	--0.19%
BWXT	A	--0.19%
MU	D	--0.19%
GWRE	A	--0.2%
FMX	F	--0.21%
URI	B	--0.21%
HSBC	A	--0.22%
PCAR	C	--0.22%
CCEP	D	--0.23%
TYL	B	--0.25%
PANW	B	--0.25%
OMC	C	--0.27%
SAP	B	--0.28%
GEHC	D	--0.28%
INTC	C	--0.3%
ISRG	A	--0.31%
SNPS	C	--0.31%
WAT	C	--0.31%
TTWO	A	--0.32%
BABA	D	--0.32%
NOW	B	--0.35%
ZBH	C	--0.36%
HDB	B	--0.39%
ASML	F	--0.4%
MSI	B	--0.41%
MLM	B	--0.49%
PNC	B	--0.5%
VRSK	B	--0.54%
ETN	B	--0.58%
LIN	D	--0.6%
TSLA	A	--0.61%
DIS	B	--0.66%
CDNS	B	--0.69%
ORCL	A	--0.82%