FVD vs. IYF ETF Comparison

Comparison of First Trust VL Dividend (FVD) to iShares U.S. Financial ETF (IYF)

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

$45.46

Average Daily Volume

717,842

Number of Holdings ^*

193

* may have additional holdings in another (foreign) market

IYF

iShares U.S. Financial ETF

IYF Description

The investment seeks to track the investment results of an index composed of U.S. equities in the financial sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Financials Index (the "underlying index"), which measures the performance of the financial sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$103.11

Average Daily Volume

237,007

Number of Holdings ^*

135

* may have additional holdings in another (foreign) market

Performance

Period	FVD	IYF
30 Days	1.99%	-1.50%
60 Days	5.96%	7.07%
90 Days	12.62%	8.49%
12 Months	26.46%	41.82%

20 Overlapping Holdings

Symbol	Grade	Weight in FVD	Weight in IYF	Overlap
AFL	A	0.48%	1.15%	0.48%
AIZ	A	0.48%	0.2%	0.2%
ALL	C	0.47%	0.92%	0.47%
BK	C	0.48%	0.99%	0.48%
BLK	B	0.49%	2.6%	0.49%
BR	B	0.48%	0.46%	0.46%
CB	A	0.48%	2.18%	0.48%
CBSH	D	0.47%	0.13%	0.13%
CME	A	0.49%	1.46%	0.49%
CNA	D	0.47%	0.02%	0.02%
GS	D	0.48%	2.92%	0.48%
HLI	B	0.47%	0.15%	0.15%
JPM	D	0.48%	9.37%	0.48%
MMC	D	0.48%	2.06%	0.48%
MS	B	0.49%	2.25%	0.49%
NDAQ	C	0.47%	0.56%	0.47%
SEIC	B	0.48%	0.13%	0.13%
THG	A	0.48%	0.1%	0.1%
TROW	D	0.49%	0.45%	0.45%
TRV	C	0.48%	1.01%	0.48%

FVD Overweight 173 Positions Relative to IYF

Symbol	Grade	Weight
RIO	A	0.53%
TSM	C	0.52%
OTIS	A	0.52%
ACN	B	0.51%
CAT	A	0.51%
PPG	D	0.51%
YUM	B	0.51%
AOS	B	0.51%
MMM	B	0.5%
AVY	B	0.5%
ADI	C	0.5%
SCL	D	0.5%
TSCO	A	0.5%
LECO	F	0.5%
DEO	C	0.5%
CMI	B	0.5%
UPS	D	0.5%
EMR	B	0.5%
NKE	D	0.5%
DLB	D	0.5%
KMB	B	0.49%
NEU	F	0.49%
CMCSA	B	0.49%
TEL	D	0.49%
T	A	0.49%
SJM	B	0.49%
WSO	B	0.49%
TJX	C	0.49%
VZ	A	0.49%
BRC	C	0.49%
SLGN	A	0.49%
DOX	B	0.49%
CHRW	A	0.49%
UVV	C	0.49%
BDX	B	0.49%
MSM	D	0.49%
INFY	C	0.49%
HD	A	0.49%
CSCO	A	0.49%
LOW	A	0.49%
IBM	C	0.49%
AZN	D	0.49%
MMS	A	0.49%
CTSH	C	0.49%
MCD	A	0.49%
HON	B	0.49%
IEX	D	0.49%
SNA	B	0.49%
JCI	B	0.49%
IOSP	F	0.49%
DCI	B	0.49%
INGR	A	0.49%
SXT	C	0.49%
HMC	D	0.49%
ITW	B	0.49%
SBUX	B	0.49%
TM	D	0.49%
APD	C	0.49%
TXN	C	0.49%
GNTX	F	0.49%
PEP	D	0.48%
RHI	D	0.48%
KDP	C	0.48%
DTM	A	0.48%
SWX	C	0.48%
KR	B	0.48%
EXC	A	0.48%
PFE	D	0.48%
ADP	A	0.48%
SR	A	0.48%
GILD	A	0.48%
JNJ	C	0.48%
POR	B	0.48%
ABBV	A	0.48%
TD	C	0.48%
ED	A	0.48%
WM	D	0.48%
ES	A	0.48%
PAYX	A	0.48%
IDA	B	0.48%
OGS	A	0.48%
EVRG	B	0.48%
SNY	C	0.48%
LNT	A	0.48%
BAX	D	0.48%
PPL	A	0.48%
NSC	B	0.48%
DTE	A	0.48%
NVS	D	0.48%
WEC	A	0.48%
GRMN	D	0.48%
PEG	A	0.48%
LMT	A	0.48%
CMS	A	0.48%
WTRG	D	0.48%
KO	B	0.48%
MDT	A	0.48%
NI	A	0.48%
ATO	A	0.48%
REYN	C	0.48%
JKHY	A	0.48%
LANC	F	0.48%
CSX	D	0.48%
ETR	A	0.48%
MDLZ	C	0.48%
EQIX	B	0.48%
PG	C	0.48%
UNP	C	0.48%
CNI	D	0.48%
GIS	B	0.48%
FLO	C	0.48%
FAST	C	0.48%
CL	D	0.48%
BTI	C	0.48%
SIGI	D	0.48%
PINC	F	0.48%
PM	B	0.48%
AGR	C	0.48%
BAH	A	0.48%
JNPR	C	0.48%
WDFC	C	0.48%
G	A	0.48%
K	B	0.48%
XEL	A	0.48%
RTX	A	0.48%
MKC	B	0.48%
SON	D	0.48%
GSK	F	0.48%
SNX	C	0.48%
MO	B	0.48%
PKG	A	0.48%
ALE	A	0.48%
BMY	B	0.48%
UNH	B	0.48%
HRL	F	0.48%
DGX	C	0.48%
NWN	B	0.48%
KHC	B	0.48%
TMUS	A	0.48%
WERN	D	0.48%
JJSF	A	0.48%
AEE	A	0.48%
UL	B	0.48%
POOL	B	0.48%
CAG	B	0.48%
DE	A	0.48%
MSEX	C	0.47%
GATX	D	0.47%
HII	D	0.47%
LHX	A	0.47%
SRE	A	0.47%
GD	A	0.47%
HSY	D	0.47%
PSA	C	0.47%
OTTR	F	0.47%
CWT	D	0.47%
MRK	F	0.47%
CPB	D	0.47%
DUK	B	0.47%
CALM	A	0.47%
ABT	C	0.47%
CLX	B	0.47%
AEP	B	0.47%
SO	A	0.47%
NOC	B	0.47%
TAK	D	0.47%
NJR	C	0.47%
CPK	B	0.47%
AMGN	D	0.46%
XOM	B	0.46%
CVX	D	0.46%
NFG	A	0.46%
AWR	B	0.46%

FVD Underweight 115 Positions Relative to IYF

Symbol	Grade	Weight
BRK.A	C	-12.65%
BAC	D	-4.39%
WFC	D	-3.64%
SPGI	C	-2.98%
PGR	C	-2.73%
C	B	-2.21%
BX	C	-2.04%
SCHW	D	-1.79%
ICE	A	-1.68%
KKR	C	-1.65%
MCO	C	-1.39%
PNC	C	-1.35%
USB	C	-1.32%
AON	A	-1.27%
APO	A	-1.23%
AJG	D	-1.13%
TFC	D	-1.06%
MET	A	-0.9%
AIG	F	-0.89%
AMP	A	-0.87%
MSCI	B	-0.82%
PRU	C	-0.81%
ACGL	A	-0.76%
COIN	F	-0.71%
DFS	C	-0.65%
HIG	A	-0.64%
WTW	A	-0.56%
FITB	C	-0.55%
MTB	C	-0.54%
ARES	B	-0.53%
STT	C	-0.5%
BRO	A	-0.46%
RJF	B	-0.43%
FCNCA	D	-0.42%
CBOE	B	-0.4%
HBAN	C	-0.4%
CINF	A	-0.39%
RF	C	-0.39%
MKL	B	-0.38%
PFG	C	-0.37%
CFG	D	-0.34%
NTRS	C	-0.33%
FNF	A	-0.32%
EG	B	-0.32%
LPLA	D	-0.32%
FDS	C	-0.32%
WRB	B	-0.31%
HOOD	C	-0.3%
KEY	C	-0.29%
RGA	C	-0.27%
L	D	-0.27%
IBKR	A	-0.27%
RNR	A	-0.26%
TW	A	-0.26%
EQH	C	-0.22%
EWBC	D	-0.21%
NLY	C	-0.2%
JEF	B	-0.2%
KNSL	D	-0.19%
GL	C	-0.18%
SF	A	-0.18%
ALLY	F	-0.18%
CG	C	-0.18%
AFG	B	-0.18%
OWL	B	-0.18%
ORI	A	-0.17%
EVR	C	-0.17%
WAL	C	-0.17%
PRI	A	-0.17%
MKTX	C	-0.17%
MORN	C	-0.16%
FHN	D	-0.16%
UNM	A	-0.16%
VOYA	A	-0.15%
WBS	D	-0.15%
SOFI	C	-0.15%
BPOP	D	-0.14%
CMA	C	-0.14%
PNFP	D	-0.14%
AGNC	C	-0.14%
ZION	D	-0.13%
RYAN	A	-0.13%
WTFC	C	-0.13%
BEN	F	-0.12%
PB	D	-0.12%
RLI	A	-0.12%
CFR	D	-0.12%
AXS	A	-0.12%
SNV	D	-0.12%
STWD	C	-0.12%
MTG	B	-0.12%
IVZ	C	-0.12%
FAF	B	-0.12%
LAZ	C	-0.11%
AMG	C	-0.11%
RITM	D	-0.11%
TPG	C	-0.1%
FNB	D	-0.1%
JHG	C	-0.1%
COLB	C	-0.1%
OMF	D	-0.1%
OZK	F	-0.09%
SLM	C	-0.09%
LNC	D	-0.08%
AGO	D	-0.08%
WTM	D	-0.08%
KMPR	D	-0.07%
CACC	F	-0.06%
BHF	F	-0.06%
VIRT	C	-0.05%
RKT	B	-0.05%
FHB	D	-0.05%
BOKF	D	-0.04%
UWMC	D	-0.02%
TFSL	D	-0.01%