FVD vs. NFRA ETF Comparison

Comparison of First Trust VL Dividend (FVD) to FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA)

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

$45.25

Average Daily Volume

740,835

Number of Holdings ^*

194

* may have additional holdings in another (foreign) market

NFRA

FlexShares STOXX Global Broad Infrastructure Index Fund

NFRA Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the STOXXÂ® Global Broad Infrastructure Index. The fund generally will invest under normal circumstances at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts and Global Depositary Receipts based on the securities in its underlying index. The underlying index reflects the performance of a selection of equity securities of infrastructure-related companies that are domiciled or traded in developed and emerging markets around the world. It is non-diversified.

Grade (RS Rating)

Last Trade

$59.23

Average Daily Volume

92,505

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FVD	NFRA
30 Days	3.55%	4.19%
60 Days	7.13%	7.23%
90 Days	10.53%	11.92%
12 Months	19.02%	18.80%

24 Overlapping Holdings

Symbol	Grade	Weight in FVD	Weight in NFRA	Overlap
AEP	C	0.5%	0.83%	0.5%
AWR	B	0.49%	0.04%	0.04%
CMCSA	D	0.47%	2.34%	0.47%
CNI	D	0.49%	3.47%	0.49%
CSX	D	0.48%	1.01%	0.48%
CWT	C	0.48%	0.05%	0.05%
DTM	B	0.48%	0.12%	0.12%
DUK	C	0.49%	1.37%	0.49%
ED	C	0.49%	0.55%	0.49%
EQIX	C	0.51%	1.27%	0.51%
EXC	C	0.51%	0.6%	0.51%
MSEX	C	0.49%	0.03%	0.03%
NSC	C	0.51%	0.87%	0.51%
PEG	B	0.5%	0.64%	0.5%
SO	B	0.49%	1.49%	0.49%
SRE	C	0.48%	0.79%	0.48%
T	C	0.53%	2.37%	0.53%
TMUS	C	0.49%	1.26%	0.49%
UNP	C	0.48%	2.33%	0.48%
VZ	B	0.51%	2.81%	0.51%
WEC	C	0.49%	0.45%	0.45%
WM	D	0.48%	1.17%	0.48%
WTRG	D	0.47%	0.14%	0.14%
XEL	B	0.5%	0.53%	0.5%

FVD Overweight 170 Positions Relative to NFRA

Symbol	Grade	Weight
TR	C	0.53%
IBM	B	0.52%
GILD	B	0.52%
MKC	C	0.51%
TRV	C	0.51%
PSA	B	0.51%
BTI	C	0.51%
THG	B	0.51%
CLX	C	0.51%
FAST	C	0.5%
NDAQ	A	0.5%
PM	C	0.5%
GIS	B	0.5%
BK	B	0.5%
PAYX	C	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%
ACN	C	0.5%
JKHY	B	0.5%
MDLZ	B	0.5%
CME	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%
AMGN	B	0.49%
DE	B	0.49%
HSY	C	0.49%
AEE	C	0.49%
RTX	C	0.49%
LNT	B	0.49%
CL	D	0.49%
MCD	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%
GRMN	D	0.49%
LMT	C	0.49%
PG	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%
NI	B	0.49%
MMC	C	0.49%
KDP	B	0.49%
ADP	B	0.49%
CPB	C	0.48%
PINC	C	0.48%
WDFC	C	0.48%
KMB	D	0.48%
YUM	D	0.48%
PPG	D	0.48%
OTIS	C	0.48%
SEIC	C	0.48%
POR	C	0.48%
BRC	C	0.48%
MRK	D	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%
LHX	C	0.48%
BDX	D	0.48%
JCI	B	0.48%
NFG	B	0.48%
ITW	C	0.48%
DTE	C	0.48%
DOX	C	0.48%
MO	C	0.48%
BMY	C	0.48%
JNJ	C	0.48%
HD	B	0.48%
MMM	B	0.48%
PPL	C	0.48%
AVY	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%
KO	C	0.48%
DGX	B	0.48%
NJR	B	0.48%
LOW	B	0.48%
CBSH	C	0.47%
CAT	B	0.47%
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%
CSCO	C	0.47%
WSO	C	0.47%
HRL	C	0.47%
JJSF	C	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%
ABBV	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%
XOM	C	0.45%
DCI	C	0.45%
CVX	D	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 40 Positions Relative to NFRA

Symbol	Grade	Weight
NEE	C	-2.61%
WCN	D	-2.39%
AMT	C	-1.68%
HCA	B	-1.16%
CEG	C	-0.92%
WMB	B	-0.85%
OKE	B	-0.81%
DLR	B	-0.8%
PCG	C	-0.79%
CCI	C	-0.78%
D	C	-0.72%
RSG	D	-0.65%
KMI	B	-0.62%
EIX	C	-0.51%
CHTR	D	-0.51%
TRGP	B	-0.5%
AWK	B	-0.43%
VLTO	C	-0.41%
SBAC	C	-0.39%
THC	A	-0.24%
UHS	B	-0.2%
CLH	A	-0.19%
FYBR	C	-0.14%
EHC	C	-0.14%
ACHC	C	-0.11%
CWST	D	-0.1%
LBRDK	F	-0.1%
SRCL	A	-0.09%
AM	C	-0.08%
SEM	D	-0.06%
CCOI	C	-0.05%
IRDM	D	-0.04%
HESM	D	-0.04%
GEO	F	-0.03%
PCT	C	-0.02%
SJW	C	-0.02%
NFE	F	-0.02%
CXW	F	-0.02%
FSLY	D	-0.01%
UNIT	C	-0.01%