FVD vs. SOVF ETF Comparison

Comparison of First Trust VL Dividend (FVD) to Sovereign's Capital Flourish Fund (SOVF)

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

SOVF

Sovereign's Capital Flourish Fund

SOVF Description

The fund invests primarily in common stock of publicly traded U.S. companies that are selected by the fund's investment adviser. The Adviser employs an active management strategy in seeking to achieve the fund"s objective.

Grade (RS Rating)

Last Trade

$32.86

Average Daily Volume

12,545

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FVD	SOVF
30 Days	1.87%	8.63%
60 Days	2.34%	7.86%
90 Days	4.86%	7.17%
12 Months	22.35%	27.00%

8 Overlapping Holdings

Symbol	Grade	Weight in FVD	Weight in SOVF	Overlap
ADP	B	0.48%	0.5%	0.48%
BDX	F	0.44%	1.48%	0.44%
CSCO	B	0.48%	0.75%	0.48%
FAST	B	0.49%	0.5%	0.49%
IEX	B	0.51%	0.49%	0.49%
JJSF	B	0.46%	0.51%	0.46%
LECO	B	0.48%	1.0%	0.48%
UPS	C	0.47%	0.75%	0.47%

FVD Overweight 193 Positions Relative to SOVF

Symbol	Grade	Weight
GRMN	B	0.59%
GATX	A	0.54%
G	B	0.54%
EMR	A	0.54%
CBSH	A	0.54%
GS	A	0.53%
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%
MO	A	0.52%
XEL	A	0.51%
ETR	B	0.51%
CMI	A	0.51%
IOSP	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%
PKG	A	0.5%
WERN	C	0.5%
PM	B	0.5%
WTW	B	0.5%
WDFC	B	0.5%
JPM	A	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%
NDAQ	A	0.49%
CTSH	B	0.49%
TROW	B	0.49%
TXN	C	0.49%
CSX	B	0.49%
THG	A	0.49%
DGX	A	0.49%
BK	A	0.48%
OTTR	C	0.48%
DCI	B	0.48%
CHRW	C	0.48%
TM	D	0.48%
EVRG	A	0.48%
T	A	0.48%
SBUX	A	0.48%
GNTX	C	0.48%
NI	A	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%
TJX	A	0.48%
MSM	C	0.48%
UNH	C	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%
STZ	D	0.47%
SXT	B	0.47%
NDSN	B	0.47%
NJR	A	0.47%
PPL	B	0.47%
ATO	A	0.47%
ALL	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%
MMM	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%
K	A	0.46%
MMC	B	0.46%
HD	A	0.46%
TD	F	0.46%
PSA	D	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%
CB	C	0.45%
PEG	A	0.45%
NFG	A	0.45%
WEC	A	0.45%
HSY	F	0.45%
FLO	D	0.45%
LNT	A	0.45%
DE	A	0.45%
EIX	B	0.45%
HRL	D	0.45%
CNA	B	0.45%
AFL	B	0.45%
LOW	D	0.45%
JNPR	F	0.45%
SO	D	0.44%
AWK	D	0.44%
AEP	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%
RTX	C	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%
CL	D	0.43%
MMS	F	0.43%
UL	D	0.43%
DUK	C	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%
KO	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 71 Positions Relative to SOVF

Symbol	Grade	Weight
LOPE	B	-2.75%
NSP	D	-2.71%
PRI	A	-2.53%
COKE	C	-2.53%
EEFT	B	-2.47%
RPAY	D	-2.47%
FOLD	F	-2.45%
DAVA	C	-2.41%
AFG	A	-2.27%
DIOD	D	-2.25%
LCII	C	-2.23%
PGR	A	-2.01%
ALKT	B	-2.01%
MOH	F	-1.97%
GSHD	A	-1.97%
PAYC	B	-1.96%
BIGC	C	-1.95%
CBRE	B	-1.76%
OPCH	D	-1.74%
NHC	C	-1.72%
PCTY	B	-1.71%
QCOM	F	-1.52%
RJF	A	-1.52%
FI	A	-1.51%
APG	B	-1.5%
PX	A	-1.5%
QRVO	F	-1.49%
AJG	B	-1.49%
TSN	B	-1.49%
KFY	B	-1.48%
ARMK	B	-1.47%
COLM	B	-1.46%
MLR	B	-1.26%
PPC	C	-1.25%
HRB	D	-1.25%
FANG	D	-1.22%
SMCI	F	-1.22%
VRRM	D	-1.21%
DVN	F	-1.2%
APA	D	-1.19%
VST	B	-1.04%
ADV	D	-1.03%
ITT	A	-1.01%
INTC	D	-1.01%
AZZ	B	-1.01%
NEE	D	-1.0%
GEF	A	-0.99%
SITE	D	-0.98%
ERIE	D	-0.76%
SCHW	B	-0.75%
PLOW	D	-0.74%
ANET	C	-0.74%
KFRC	D	-0.74%
TFIN	A	-0.74%
HCSG	C	-0.62%
NTAP	C	-0.51%
RMD	C	-0.51%
CPRT	A	-0.5%
JBHT	C	-0.5%
ORLY	B	-0.5%
SPTN	D	-0.5%
SBAC	D	-0.5%
SPSC	C	-0.5%
SAIC	F	-0.5%
USFD	A	-0.5%
CSWI	A	-0.5%
WCN	A	-0.5%
HUBS	A	-0.49%
CPT	B	-0.49%
WMT	A	-0.49%
NEO	C	-0.48%