FVD vs. VGK ETF Comparison

Comparison of First Trust VL Dividend (FVD) to Vanguard FTSE European ETF (VGK)

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

$45.19

Average Daily Volume

739,827

Number of Holdings ^*

194

* may have additional holdings in another (foreign) market

VGK

Vanguard FTSE European ETF

VGK Description

The investment seeks to track the performance of a benchmark index that measures the investment return of stocks issued by companies located in the major markets of Europe. The fund employs an indexing investment approach by investing all, or substantially all, of its assets in the common stocks included in the FTSE Developed Europe Index. The FTSE Developed Europe Index is made up of approximately 497 common stocks of companies located in 17 European countries-mostly companies in the United Kingdom, France, Switzerland, and Germany (which made up approximately 34%, 15%, 14%, and 13%, respectively, of the index's market capitalization as of May 31, 2013).

Grade (RS Rating)

Last Trade

$71.06

Average Daily Volume

1,827,702

Number of Holdings ^*

13

* may have additional holdings in another (foreign) market

Performance

Period	FVD	VGK
30 Days	2.90%	0.34%
60 Days	6.63%	3.19%
90 Days	10.07%	3.29%
12 Months	18.35%	20.58%

4 Overlapping Holdings

	Symbol	Grade	Weight in FVD	Weight in VGK	Overlap
	ABBV	C	0.47%	0.7%	0.47%
	DEO	C	0.47%	0.56%	0.47%
	NVS	C	0.47%	1.89%	0.47%
	UL	C	0.49%	1.22%	0.49%

FVD Overweight 190 Positions Relative to VGK

	Symbol	Grade	Weight
	TR	C	0.53%
	T	B	0.53%
	IBM	B	0.52%
	GILD	B	0.52%
	EXC	B	0.51%
	NSC	C	0.51%
	MKC	B	0.51%
	TRV	B	0.51%
	VZ	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%
	PEG	B	0.5%
	NDAQ	B	0.5%
	PM	C	0.5%
	GIS	B	0.5%
	BK	A	0.5%
	PAYX	C	0.5%
	OGS	B	0.5%
	GD	B	0.5%
	ETR	A	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%
	XEL	A	0.5%
	JKHY	B	0.5%
	AEP	B	0.5%
	MDLZ	B	0.5%
	CME	C	0.5%
	TD	A	0.5%
	KR	B	0.5%
	CB	B	0.5%
	PEP	C	0.49%
	MDT	C	0.49%
	SIGI	C	0.49%
	ALE	A	0.49%
	ES	C	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%
	HSY	C	0.49%
	CNI	D	0.49%
	AEE	B	0.49%
	RTX	C	0.49%
	LNT	A	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%
	GRMN	D	0.49%
	LMT	C	0.49%
	PG	C	0.49%
	EVRG	A	0.49%
	PKG	B	0.49%
	WEC	B	0.49%
	CAG	B	0.49%
	SO	B	0.49%
	CPK	B	0.49%
	CMS	A	0.49%
	TSCO	C	0.49%
	ED	C	0.49%
	NI	B	0.49%
	MMC	C	0.49%
	KDP	A	0.49%
	ADP	B	0.49%
	DUK	C	0.49%
	CPB	B	0.48%
	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%
	PCAR	D	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%
	UPS	D	0.48%
	K	A	0.48%
	SRE	B	0.48%
	WM	D	0.48%
	LHX	D	0.48%
	BDX	F	0.48%
	JCI	B	0.48%
	NFG	B	0.48%
	ITW	B	0.48%
	DTE	B	0.48%
	DOX	C	0.48%
	MO	C	0.48%
	BMY	C	0.48%
	JNJ	B	0.48%
	HD	B	0.48%
	MMM	B	0.48%
	PPL	C	0.48%
	AVY	D	0.48%
	UNH	C	0.48%
	BLK	A	0.48%
	HON	D	0.48%
	UNP	B	0.48%
	AFL	B	0.48%
	APD	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%
	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	B	0.47%
	TM	F	0.47%
	CMCSA	D	0.47%
	CSCO	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%
	SNA	B	0.47%
	HMC	D	0.47%
	ADI	D	0.47%
	TJX	C	0.47%
	G	C	0.47%
	MS	D	0.46%
	TEL	D	0.46%
	MMS	D	0.46%
	MSM	D	0.46%
	CMI	C	0.46%
	TROW	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%
	XOM	D	0.45%
	DCI	D	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	D	0.4%

FVD Underweight 9 Positions Relative to VGK

	Symbol	Grade	Weight
	LYG	B	-0.37%
	BCS	B	-0.35%
	FLUT	B	-0.29%
	E	C	-0.28%
	STLA	F	-0.27%
	SW	B	-0.19%
	LOGI	D	-0.11%
	QGEN	B	-0.08%
	FRO	C	-0.03%

FVD: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Packaged Foods Drug Manufacturers - Major Business Services Diversified Industrials Utilities - Regulated Gas Insurance - Property & Casualty Specialty Chemicals Aerospace & Defense Household & Personal Products Utilities - Diversified Asset Management Information Technology Services Packaging & Containers Railroads Tobacco Utilities - Regulated Water Beverages - Soft Drinks Capital Markets Communication Equipment

Keywords: S&P 500 Natural Gas Electricity Nasdaq 100 Dow Jones Component Plastic Chemical Insurance Aerospace Electronics Mining Grocery Store Medicine Freight Transport Pharmaceutical Pharmaceutical Products Steel Telecommunications Banking Beverage

VGK: Top Represented Industries & Keywords

Industries: Drug Manufacturers - Major Auto Manufacturers Banks - Global Banks - Regional - Europe Beverages - Wineries & Distilleries Computer Systems Diagnostics & Research Gambling Household & Personal Products Oil & Gas Integrated Packaging & Containers Shipping & Ports

Keywords: Banking Biotechnology Eye Care Products General Insurance Insurance Products Molecular Diagnostics Pharmaceutical S&P 500 Acid Active Pharmaceutical Ingredients Adalimumab Advanced Prostate Cancer Alcohol Alcoholic Drinks Anemia Animal Health Antibiotics Asset Finance Asset Management Atopic Dermatitis