FVD vs. PFIX ETF Comparison

Comparison of First Trust VL Dividend (FVD) to Simplify Interest Rate Hedge ETF (PFIX)

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

$45.04

Average Daily Volume

739,827

Number of Holdings ^*

194

* may have additional holdings in another (foreign) market

PFIX

Simplify Interest Rate Hedge ETF

PFIX Description

The investment seeks to track the performance, before fees and expenses, of the SoFi Sustainable Dividend Index. The index follows a rules-based methodology that tracks the performance of the equity securities of publicly-traded, large- and mid-capitalization U.S. and non-U.S. companies in developed markets that are selected based on a set of dividend filters focused on dividend sustainability. The adviser attempts to invest all, or substantially all, of its assets in the component securities that make up the index. The fund will invest at least 80% its net assets in dividend paying securities. It is non-diversified.

Grade (RS Rating)

Last Trade

$38.99

Average Daily Volume

50,018

Number of Holdings ^*

107

* may have additional holdings in another (foreign) market

Performance

Period	FVD	PFIX
30 Days	2.90%	-3.82%
60 Days	6.63%	-18.57%
90 Days	10.07%	-13.03%
12 Months	18.35%	-9.54%

57 Overlapping Holdings

Symbol	Grade	Weight in FVD	Weight in PFIX	Overlap
ADP	B	0.49%	0.79%	0.49%
AEE	B	0.49%	0.14%	0.14%
AEP	B	0.5%	0.31%	0.31%
APD	B	0.48%	0.37%	0.37%
ATO	B	0.5%	0.11%	0.11%
BK	A	0.5%	0.29%	0.29%
BLK	A	0.48%	0.87%	0.48%
CAG	B	0.49%	0.09%	0.09%
CHRW	B	0.47%	0.06%	0.06%
CMCSA	D	0.47%	1.29%	0.47%
CMI	C	0.46%	0.28%	0.28%
CMS	A	0.49%	0.12%	0.12%
CPB	B	0.48%	0.06%	0.06%
CSCO	B	0.47%	1.48%	0.47%
CVX	D	0.45%	2.06%	0.45%
DTE	B	0.48%	0.17%	0.17%
ES	C	0.49%	0.15%	0.15%
ETR	A	0.5%	0.14%	0.14%
EVRG	A	0.49%	0.07%	0.07%
EXC	B	0.51%	0.27%	0.27%
GD	B	0.5%	0.46%	0.46%
GILD	B	0.52%	0.66%	0.52%
GIS	B	0.5%	0.28%	0.28%
GRMN	D	0.49%	0.13%	0.13%
HMC	D	0.47%	0.45%	0.45%
HSY	C	0.49%	0.22%	0.22%
JCI	B	0.48%	0.29%	0.29%
JNJ	B	0.48%	2.83%	0.48%
JPM	D	0.45%	3.9%	0.45%
KR	B	0.5%	0.26%	0.26%
LHX	D	0.48%	0.29%	0.29%
LMT	C	0.49%	0.82%	0.49%
LNT	A	0.49%	0.08%	0.08%
MDLZ	B	0.5%	0.76%	0.5%
MMC	C	0.49%	0.75%	0.49%
MS	D	0.46%	0.81%	0.46%
NI	B	0.49%	0.08%	0.08%
NSC	C	0.51%	0.42%	0.42%
NVS	C	0.47%	1.56%	0.47%
PAYX	C	0.5%	0.3%	0.3%
PCAR	D	0.48%	0.42%	0.42%
PEG	B	0.5%	0.23%	0.23%
PG	C	0.49%	2.82%	0.49%
PKG	B	0.49%	0.1%	0.1%
SNA	B	0.47%	0.1%	0.1%
SO	B	0.49%	0.55%	0.49%
SRE	B	0.48%	0.33%	0.33%
TD	A	0.5%	0.83%	0.5%
TM	F	0.47%	1.97%	0.47%
TROW	D	0.46%	0.17%	0.17%
TRV	B	0.51%	0.38%	0.38%
TXN	C	0.45%	1.13%	0.45%
UPS	D	0.48%	0.81%	0.48%
VZ	B	0.51%	1.26%	0.51%
WEC	B	0.49%	0.18%	0.18%
XEL	A	0.5%	0.25%	0.25%
XOM	D	0.45%	3.19%	0.45%

FVD Overweight 137 Positions Relative to PFIX

Symbol	Grade	Weight
TR	C	0.53%
T	B	0.53%
IBM	B	0.52%
MKC	B	0.51%
PSA	B	0.51%
BTI	C	0.51%
EQIX	B	0.51%
THG	A	0.51%
CLX	C	0.51%
FAST	C	0.5%
NDAQ	B	0.5%
PM	C	0.5%
OGS	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%
CME	C	0.5%
CB	B	0.5%
PEP	C	0.49%
MDT	C	0.49%
SIGI	C	0.49%
ALE	A	0.49%
PFE	C	0.49%
SNY	C	0.49%
AWR	B	0.49%
TMUS	C	0.49%
AMGN	B	0.49%
DE	B	0.49%
CNI	D	0.49%
RTX	C	0.49%
CL	C	0.49%
MCD	C	0.49%
NOC	B	0.49%
IDA	B	0.49%
GSK	C	0.49%
TSM	D	0.49%
WTW	B	0.49%
SON	C	0.49%
INGR	A	0.49%
ALL	A	0.49%
MSEX	C	0.49%
UL	C	0.49%
CPK	B	0.49%
TSCO	C	0.49%
ED	C	0.49%
KDP	A	0.49%
DUK	C	0.49%
PINC	C	0.48%
WDFC	B	0.48%
KMB	D	0.48%
YUM	D	0.48%
PPG	C	0.48%
OTIS	D	0.48%
SEIC	B	0.48%
POR	B	0.48%
BRC	B	0.48%
MRK	D	0.48%
CWT	C	0.48%
DTM	B	0.48%
AGR	B	0.48%
JNPR	A	0.48%
SR	B	0.48%
NEU	D	0.48%
AIZ	B	0.48%
FLO	C	0.48%
CSX	D	0.48%
CTSH	C	0.48%
K	A	0.48%
WM	D	0.48%
BDX	F	0.48%
NFG	B	0.48%
ITW	B	0.48%
DOX	C	0.48%
MO	C	0.48%
BMY	C	0.48%
HD	B	0.48%
MMM	B	0.48%
PPL	C	0.48%
AVY	D	0.48%
UNH	C	0.48%
HON	D	0.48%
UNP	B	0.48%
AFL	B	0.48%
BAH	B	0.48%
BR	D	0.48%
KO	B	0.48%
DGX	B	0.48%
NJR	B	0.48%
LOW	B	0.48%
CBSH	C	0.47%
CAT	C	0.47%
EMR	D	0.47%
IEX	D	0.47%
CALM	B	0.47%
POOL	C	0.47%
SJM	C	0.47%
GATX	D	0.47%
SLGN	B	0.47%
CNA	C	0.47%
WERN	D	0.47%
NWN	B	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%
ADI	D	0.47%
ABBV	C	0.47%
DEO	C	0.47%
TJX	C	0.47%
G	C	0.47%
TEL	D	0.46%
MMS	D	0.46%
MSM	D	0.46%
SWX	C	0.46%
RHI	D	0.46%
AOS	C	0.46%
NKE	D	0.45%
SCL	D	0.45%
HII	C	0.45%
GS	D	0.45%
IOSP	D	0.45%
DCI	D	0.45%
UVV	D	0.45%
SNX	D	0.44%
GNTX	F	0.44%
LECO	F	0.43%
OTTR	D	0.4%

FVD Underweight 50 Positions Relative to PFIX

Symbol	Grade	Weight
AVGO	C	-3.86%
BAC	D	-1.73%
QCOM	D	-1.27%
COP	D	-1.01%
PLD	C	-0.91%
ETN	C	-0.82%
C	D	-0.77%
CVS	D	-0.76%
USB	B	-0.45%
PSX	D	-0.45%
STLA	F	-0.43%
PNC	B	-0.43%
VLO	D	-0.36%
AIG	D	-0.34%
NUE	F	-0.32%
MET	A	-0.32%
OKE	B	-0.31%
RSG	D	-0.28%
E	C	-0.26%
FANG	D	-0.23%
DFS	C	-0.22%
ADM	D	-0.22%
VICI	C	-0.22%
BCS	B	-0.22%
AVB	B	-0.19%
EIX	C	-0.19%
STT	A	-0.16%
FITB	B	-0.16%
MTB	B	-0.15%
PFG	B	-0.14%
GPC	D	-0.14%
DRI	C	-0.14%
HBAN	B	-0.13%
OMC	A	-0.13%
HPE	D	-0.13%
RF	B	-0.12%
SWKS	F	-0.12%
SYF	C	-0.12%
HST	D	-0.11%
NTRS	B	-0.11%
VTRS	C	-0.11%
CINF	B	-0.11%
FNF	A	-0.1%
CCEP	B	-0.1%
BBY	B	-0.1%
IP	B	-0.09%
AMCR	C	-0.09%
EG	B	-0.09%
MOS	F	-0.07%
FRO	C	-0.02%