FVD vs. MTUM ETF Comparison

Comparison of First Trust VL Dividend (FVD) to iShares MSCI USA Momentum Factor ETF (MTUM)

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

$46.24

Average Daily Volume

487,998

Number of Holdings ^*

201

* may have additional holdings in another (foreign) market

MTUM

iShares MSCI USA Momentum Factor ETF

MTUM Description

The investment seeks to track the performance of an index that measures the performance of U.S. large- and mid-capitalization stocks exhibiting relatively higher momentum characteristics, before fees and expenses. The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The MSCI USA Momentum Index (the "underlying index") consists of stocks exhibiting relatively higher momentum characteristics than the traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid-capitalization stocks.

Grade (RS Rating)

Last Trade

$214.91

Average Daily Volume

840,198

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	FVD	MTUM
30 Days	1.87%	3.53%
60 Days	2.34%	6.25%
90 Days	4.86%	8.85%
12 Months	22.35%	43.02%

29 Overlapping Holdings

Symbol	Grade	Weight in FVD	Weight in MTUM	Overlap
AEP	D	0.44%	0.4%	0.4%
AFL	B	0.45%	0.78%	0.45%
ALL	A	0.47%	0.41%	0.41%
BK	A	0.48%	0.48%	0.48%
CB	C	0.45%	0.9%	0.45%
CHRW	C	0.48%	0.06%	0.06%
CL	D	0.43%	0.79%	0.43%
DGX	A	0.49%	0.09%	0.09%
DUK	C	0.43%	0.88%	0.43%
EIX	B	0.45%	0.26%	0.26%
GRMN	B	0.59%	0.42%	0.42%
GS	A	0.53%	2.0%	0.53%
JPM	A	0.5%	5.48%	0.5%
K	A	0.46%	0.29%	0.29%
KDP	D	0.42%	0.3%	0.3%
KO	D	0.42%	2.71%	0.42%
LMT	D	0.41%	1.37%	0.41%
LNT	A	0.45%	0.05%	0.05%
MMM	D	0.46%	1.21%	0.46%
MO	A	0.52%	1.19%	0.52%
NDAQ	A	0.49%	0.28%	0.28%
NI	A	0.48%	0.09%	0.09%
PEG	A	0.45%	0.5%	0.45%
PKG	A	0.5%	0.16%	0.16%
PM	B	0.5%	2.93%	0.5%
RTX	C	0.44%	2.19%	0.44%
SO	D	0.44%	1.15%	0.44%
TJX	A	0.48%	1.09%	0.48%
TXN	C	0.49%	1.86%	0.49%

FVD Overweight 172 Positions Relative to MTUM

Symbol	Grade	Weight
GATX	A	0.54%
G	B	0.54%
EMR	A	0.54%
CBSH	A	0.54%
DTM	B	0.53%
PINC	B	0.53%
RHI	B	0.53%
AIZ	A	0.52%
INGR	B	0.52%
MS	A	0.52%
BMY	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%
CMCSA	B	0.5%
UVV	B	0.5%
WERN	C	0.5%
WTW	B	0.5%
WDFC	B	0.5%
ITW	B	0.49%
BLK	C	0.49%
WM	A	0.49%
CPK	A	0.49%
KR	B	0.49%
NEU	C	0.49%
SLGN	A	0.49%
CTSH	B	0.49%
TROW	B	0.49%
FAST	B	0.49%
CSX	B	0.49%
THG	A	0.49%
OTTR	C	0.48%
DCI	B	0.48%
CSCO	B	0.48%
TM	D	0.48%
EVRG	A	0.48%
T	A	0.48%
SBUX	A	0.48%
GNTX	C	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%
UNH	C	0.48%
ADP	B	0.48%
PNW	B	0.48%
BR	A	0.48%
HON	B	0.48%
BRC	D	0.47%
AGR	B	0.47%
ALE	A	0.47%
NWN	A	0.47%
XOM	B	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%
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%
INFY	B	0.46%
ABT	B	0.46%
CME	A	0.46%
DLB	B	0.46%
PG	A	0.46%
AWR	B	0.46%
TRV	B	0.46%
NWE	B	0.46%
CAT	B	0.46%
CALM	A	0.46%
SR	A	0.46%
POOL	C	0.46%
MMC	B	0.46%
HD	A	0.46%
TD	F	0.46%
PSA	D	0.46%
JJSF	B	0.46%
LHX	C	0.46%
SNX	C	0.45%
PPG	F	0.45%
TAK	F	0.45%
MKC	D	0.45%
SON	D	0.45%
ACN	C	0.45%
NFG	A	0.45%
WEC	A	0.45%
HSY	F	0.45%
FLO	D	0.45%
DE	A	0.45%
HRL	D	0.45%
CNA	B	0.45%
LOW	D	0.45%
JNPR	F	0.45%
AWK	D	0.44%
ADI	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%
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%
MCD	D	0.44%
GD	F	0.44%
DOX	D	0.44%
APD	A	0.44%
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%
JNJ	D	0.43%
DTE	C	0.43%
TSM	B	0.43%
AMGN	D	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%
SJW	D	0.42%
ABBV	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 95 Positions Relative to MTUM

Symbol	Grade	Weight
NVDA	C	-5.34%
WMT	A	-4.93%
AVGO	D	-4.72%
LLY	F	-3.82%
COST	B	-3.63%
GE	D	-2.96%
NEE	D	-2.24%
PGR	A	-1.88%
ISRG	A	-1.54%
AXP	A	-1.53%
KKR	A	-1.3%
BSX	B	-1.25%
ANET	C	-1.17%
TT	A	-1.13%
CEG	D	-1.12%
C	A	-1.08%
PLTR	B	-1.02%
MSI	B	-1.0%
APH	A	-0.97%
VRTX	F	-0.95%
CTAS	B	-0.91%
FI	A	-0.9%
MSTR	C	-0.89%
WELL	A	-0.84%
VST	B	-0.82%
KLAC	D	-0.8%
NEM	D	-0.79%
APP	B	-0.74%
HWM	A	-0.73%
ICE	C	-0.72%
TDG	D	-0.7%
MCO	B	-0.7%
VRT	B	-0.63%
WMB	A	-0.63%
TRGP	B	-0.61%
FICO	B	-0.6%
AJG	B	-0.59%
DELL	C	-0.49%
IRM	D	-0.48%
HIG	B	-0.46%
PWR	A	-0.43%
EME	C	-0.38%
DFS	B	-0.38%
DHI	D	-0.37%
RSG	A	-0.36%
ACGL	D	-0.35%
CBRE	B	-0.34%
GDDY	A	-0.34%
TPL	A	-0.33%
WAB	B	-0.33%
AXON	A	-0.32%
VTR	C	-0.31%
NTAP	C	-0.31%
VLTO	D	-0.31%
PHM	D	-0.31%
ALNY	D	-0.3%
AVB	B	-0.29%
RMD	C	-0.29%
LEN	D	-0.28%
NRG	B	-0.27%
BRO	B	-0.27%
EBAY	D	-0.25%
FITB	A	-0.25%
LDOS	C	-0.24%
MPWR	F	-0.24%
LII	A	-0.24%
TYL	B	-0.23%
CSL	C	-0.23%
NVR	D	-0.23%
SW	A	-0.22%
SYF	B	-0.22%
DOV	A	-0.22%
EQR	B	-0.17%
IFF	D	-0.16%
HEI	B	-0.16%
ESS	B	-0.15%
IP	B	-0.15%
HOOD	B	-0.15%
UTHR	C	-0.15%
ERIE	D	-0.13%
HEI	B	-0.12%
MAA	B	-0.12%
UHS	D	-0.11%
CFG	B	-0.11%
DKS	C	-0.1%
FNF	B	-0.08%
AMCR	D	-0.08%
DOC	D	-0.08%
FOXA	B	-0.07%
CPT	B	-0.07%
FOX	A	-0.07%
DVA	B	-0.07%
ALLY	C	-0.06%
UDR	B	-0.05%
EQH	B	-0.03%