FVD vs. SHE ETF Comparison

Comparison of First Trust VL Dividend (FVD) to SPDR SSGA Gender Diversity Index ETF (SHE)

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

SHE

SPDR SSGA Gender Diversity Index ETF

SHE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the SSGA Gender Diversity Index, which tracks U.S. companies that are leaders in advancing women through gender diversity on their boards of directors and in management. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. In addition, it may invest in equity securities that are not included in the index, cash and cash equivalents or money market instruments. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$119.89

Average Daily Volume

3,450

Number of Holdings ^*

239

* may have additional holdings in another (foreign) market

Performance

Period	FVD	SHE
30 Days	1.87%	2.93%
60 Days	2.34%	5.56%
90 Days	4.86%	7.44%
12 Months	22.35%	34.03%

64 Overlapping Holdings

Symbol	Grade	Weight in FVD	Weight in SHE	Overlap
ABT	B	0.46%	0.73%	0.46%
ACN	C	0.45%	4.39%	0.45%
AEE	A	0.47%	0.08%	0.08%
AEP	D	0.44%	0.16%	0.16%
AIZ	A	0.52%	0.04%	0.04%
ALL	A	0.47%	0.18%	0.18%
AWK	D	0.44%	0.12%	0.12%
BK	A	0.48%	0.21%	0.21%
BR	A	0.48%	0.1%	0.1%
CAT	B	0.46%	0.94%	0.46%
CL	D	0.43%	0.26%	0.26%
CLX	B	0.48%	0.08%	0.08%
CMI	A	0.51%	0.24%	0.24%
CMS	C	0.44%	0.06%	0.06%
CPB	D	0.44%	0.03%	0.03%
CSCO	B	0.48%	4.03%	0.48%
CVX	A	0.5%	0.98%	0.5%
DE	A	0.45%	0.32%	0.32%
DTE	C	0.43%	0.11%	0.11%
DUK	C	0.43%	0.27%	0.27%
ED	D	0.42%	0.13%	0.13%
EIX	B	0.45%	0.13%	0.13%
EMR	A	0.54%	0.25%	0.25%
EQIX	A	0.47%	0.25%	0.25%
ETR	B	0.51%	0.11%	0.11%
EXC	C	0.44%	0.13%	0.13%
GILD	C	0.5%	0.42%	0.42%
GIS	D	0.44%	0.13%	0.13%
HON	B	0.48%	0.52%	0.48%
HRL	D	0.45%	0.04%	0.04%
HSY	F	0.45%	0.1%	0.1%
ITW	B	0.49%	0.29%	0.29%
JCI	C	0.51%	0.24%	0.24%
JNJ	D	0.43%	1.41%	0.43%
JPM	A	0.5%	2.69%	0.5%
KO	D	0.42%	0.99%	0.42%
KR	B	0.49%	0.15%	0.15%
LOW	D	0.45%	0.96%	0.45%
MDT	D	0.44%	0.41%	0.41%
MMC	B	0.46%	0.43%	0.43%
MMM	D	0.46%	0.25%	0.25%
MRK	F	0.43%	0.89%	0.43%
NKE	D	0.43%	0.42%	0.42%
NOC	D	0.44%	0.31%	0.31%
NSC	B	0.5%	0.18%	0.18%
PEG	A	0.45%	0.17%	0.17%
PG	A	0.46%	1.5%	0.46%
PPL	B	0.47%	0.09%	0.09%
PSA	D	0.46%	0.19%	0.19%
RTX	C	0.44%	0.5%	0.44%
SBUX	A	0.48%	0.94%	0.48%
SJM	D	0.43%	0.05%	0.05%
STZ	D	0.47%	0.12%	0.12%
T	A	0.48%	0.63%	0.48%
TGT	F	0.47%	0.27%	0.27%
TJX	A	0.48%	1.21%	0.48%
TROW	B	0.49%	0.09%	0.09%
TSCO	D	0.44%	0.26%	0.26%
UNH	C	0.48%	1.75%	0.48%
VZ	C	0.43%	0.77%	0.43%
WEC	A	0.45%	0.11%	0.11%
WTW	B	0.5%	0.13%	0.13%
XEL	A	0.51%	0.12%	0.12%
XOM	B	0.47%	1.46%	0.47%

FVD Overweight 137 Positions Relative to SHE

Symbol	Grade	Weight
GRMN	B	0.59%
GATX	A	0.54%
G	B	0.54%
CBSH	A	0.54%
GS	A	0.53%
DTM	B	0.53%
PINC	B	0.53%
RHI	B	0.53%
INGR	B	0.52%
MS	A	0.52%
BMY	B	0.52%
IDA	A	0.52%
SEIC	B	0.52%
MO	A	0.52%
IOSP	B	0.51%
IEX	B	0.51%
SNA	A	0.51%
SRE	A	0.5%
WSO	A	0.5%
HLI	B	0.5%
LANC	C	0.5%
CMCSA	B	0.5%
UVV	B	0.5%
PKG	A	0.5%
WERN	C	0.5%
PM	B	0.5%
WDFC	B	0.5%
BLK	C	0.49%
WM	A	0.49%
CPK	A	0.49%
NEU	C	0.49%
SLGN	A	0.49%
NDAQ	A	0.49%
CTSH	B	0.49%
TXN	C	0.49%
FAST	B	0.49%
CSX	B	0.49%
THG	A	0.49%
DGX	A	0.49%
OTTR	C	0.48%
DCI	B	0.48%
CHRW	C	0.48%
TM	D	0.48%
EVRG	A	0.48%
GNTX	C	0.48%
NI	A	0.48%
SCL	C	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%
ADP	B	0.48%
PNW	B	0.48%
BRC	D	0.47%
AGR	B	0.47%
ALE	A	0.47%
NWN	A	0.47%
OGS	A	0.47%
EXPD	D	0.47%
UPS	C	0.47%
SXT	B	0.47%
NDSN	B	0.47%
NJR	A	0.47%
ATO	A	0.47%
MSEX	B	0.47%
YUM	B	0.47%
SIGI	C	0.47%
UNP	C	0.46%
CNI	D	0.46%
INFY	B	0.46%
CME	A	0.46%
DLB	B	0.46%
AWR	B	0.46%
TRV	B	0.46%
NWE	B	0.46%
CALM	A	0.46%
SR	A	0.46%
POOL	C	0.46%
K	A	0.46%
HD	A	0.46%
TD	F	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%
CB	C	0.45%
NFG	A	0.45%
FLO	D	0.45%
LNT	A	0.45%
CNA	B	0.45%
AFL	B	0.45%
JNPR	F	0.45%
SO	D	0.44%
ADI	D	0.44%
CWT	D	0.44%
PEP	F	0.44%
BDX	F	0.44%
OTIS	C	0.44%
POR	C	0.44%
BAH	F	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%
REYN	D	0.43%
AVY	D	0.43%
AOS	F	0.43%
ES	D	0.43%
CAG	D	0.43%
RIO	D	0.43%
MDLZ	F	0.43%
TSM	B	0.43%
AMGN	D	0.43%
NVS	D	0.42%
KHC	F	0.42%
PFE	D	0.42%
GSK	F	0.42%
IBM	C	0.42%
KDP	D	0.42%
SJW	D	0.42%
ABBV	D	0.42%
KMB	D	0.42%
DEO	F	0.41%
LMT	D	0.41%
SNY	F	0.41%
BAX	D	0.4%
AZN	D	0.39%
HMC	F	0.39%
HII	D	0.35%

FVD Underweight 175 Positions Relative to SHE

Symbol	Grade	Weight
NVDA	C	-4.79%
META	D	-4.59%
MSFT	F	-4.17%
AAPL	C	-4.14%
INTU	C	-3.56%
LLY	F	-2.32%
INTC	D	-1.87%
NFLX	A	-1.78%
V	A	-1.62%
BKNG	A	-1.33%
ADSK	A	-1.25%
BAC	A	-1.2%
COST	B	-1.13%
FTNT	C	-1.08%
WFC	A	-0.97%
LIN	D	-0.89%
PGR	A	-0.67%
AXP	A	-0.65%
MAR	B	-0.65%
CMG	B	-0.63%
GE	D	-0.58%
SPGI	C	-0.58%
HUBS	A	-0.58%
UBER	D	-0.57%
HLT	A	-0.53%
TMUS	B	-0.52%
ETN	A	-0.51%
C	A	-0.51%
ANSS	B	-0.49%
SCHW	B	-0.47%
GDDY	A	-0.47%
VRTX	F	-0.45%
CDW	F	-0.44%
TYL	B	-0.44%
ROST	C	-0.41%
ABNB	C	-0.36%
TT	A	-0.34%
LULU	C	-0.33%
MCO	B	-0.33%
CI	F	-0.32%
PNC	B	-0.32%
ZTS	D	-0.31%
MCK	B	-0.31%
RCL	A	-0.31%
FLUT	A	-0.31%
TWLO	A	-0.28%
BA	F	-0.26%
CVS	D	-0.25%
TFC	A	-0.24%
COF	B	-0.24%
D	C	-0.23%
DHI	D	-0.22%
DLR	B	-0.22%
AKAM	D	-0.22%
SPG	B	-0.22%
FDX	B	-0.22%
EOG	A	-0.21%
WCN	A	-0.21%
VST	B	-0.2%
ECL	D	-0.2%
NEM	D	-0.2%
CARR	D	-0.19%
AIG	B	-0.19%
PRU	A	-0.19%
CHTR	C	-0.18%
GWW	B	-0.17%
LNG	B	-0.17%
SQ	B	-0.17%
FIS	C	-0.17%
O	D	-0.16%
ULTA	F	-0.16%
HIG	B	-0.15%
BURL	A	-0.15%
COR	B	-0.15%
PSX	C	-0.15%
IDXX	F	-0.14%
BKR	B	-0.14%
EBAY	D	-0.14%
DECK	A	-0.14%
MTB	A	-0.14%
CSGP	D	-0.14%
WSM	B	-0.14%
VICI	C	-0.14%
OXY	D	-0.14%
IRM	D	-0.13%
TTD	B	-0.13%
EXR	D	-0.12%
VLTO	D	-0.12%
ALNY	D	-0.12%
CNC	D	-0.12%
VTR	C	-0.12%
FITB	A	-0.12%
EA	A	-0.12%
AVB	B	-0.11%
WAB	B	-0.11%
WBD	C	-0.11%
APTV	D	-0.11%
ROK	B	-0.11%
XYL	D	-0.11%
FANG	D	-0.11%
DOW	F	-0.11%
CAH	B	-0.11%
LDOS	C	-0.1%
FTV	C	-0.1%
DD	D	-0.1%
GPN	B	-0.1%
INVH	D	-0.09%
EQR	B	-0.09%
HUBB	B	-0.09%
SYF	B	-0.09%
BIIB	F	-0.09%
BBY	D	-0.09%
RF	A	-0.09%
TTWO	A	-0.09%
LVS	C	-0.09%
NTRS	A	-0.08%
PFG	D	-0.08%
CHD	B	-0.08%
ADM	D	-0.08%
SW	A	-0.08%
ILMN	D	-0.08%
DKS	C	-0.08%
LPLA	A	-0.08%
CNP	B	-0.08%
OMC	C	-0.07%
KMX	B	-0.07%
LYB	F	-0.07%
PNR	A	-0.07%
DG	F	-0.07%
J	F	-0.07%
SSNC	B	-0.07%
EQT	B	-0.07%
KEY	B	-0.07%
IFF	D	-0.07%
KIM	A	-0.07%
MAA	B	-0.07%
FDS	B	-0.07%
WY	D	-0.07%
LH	C	-0.07%
HST	C	-0.06%
UTHR	C	-0.06%
OC	A	-0.06%
EL	F	-0.06%
AMCR	D	-0.06%
TRU	D	-0.06%
PINS	D	-0.06%
MGM	D	-0.06%
FBIN	D	-0.05%
INCY	C	-0.05%
RPM	A	-0.05%
TXT	D	-0.05%
SWK	D	-0.05%
IPG	D	-0.05%
SNAP	C	-0.05%
ACM	A	-0.05%
TSN	B	-0.05%
DAL	C	-0.04%
ALB	C	-0.04%
BBWI	D	-0.04%
CRL	C	-0.04%
Z	A	-0.04%
RIVN	F	-0.04%
OVV	B	-0.04%
PARA	C	-0.04%
DAY	B	-0.04%
AMH	D	-0.04%
NBIX	C	-0.04%
WYNN	D	-0.04%
WBA	F	-0.03%
CE	F	-0.03%
NWSA	B	-0.03%
TFX	F	-0.03%
LUV	C	-0.02%
APA	D	-0.02%
ACI	C	-0.02%