FVD vs. VSMV ETF Comparison

Comparison of First Trust VL Dividend (FVD) to VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV)

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

VSMV

VictoryShares US Multi-Factor Minimum Volatility ETF

VSMV Description

The investment seeks to provide investment results that track the performance of the Nasdaq Victory US Multi-Factor Minimum Volatility Index before fees and expenses. The fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its assets in securities included in the Nasdaq Victory US Multi-Factor Minimum Volatility Index (the index). The index utilizes a rules-based approach designed to generate investment returns with less volatility than the broader U.S. market.

Grade (RS Rating)

Last Trade

$50.09

Average Daily Volume

11,492

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FVD	VSMV
30 Days	1.87%	3.22%
60 Days	2.34%	4.01%
90 Days	4.86%	4.52%
12 Months	22.35%	23.25%

28 Overlapping Holdings

Symbol	Grade	Weight in FVD	Weight in VSMV	Overlap
ABBV	D	0.42%	2.17%	0.42%
ACN	C	0.45%	0.25%	0.25%
ADP	B	0.48%	2.88%	0.48%
AFL	B	0.45%	2.9%	0.45%
ALL	A	0.47%	2.63%	0.47%
BMY	B	0.52%	0.27%	0.27%
CAT	B	0.46%	0.24%	0.24%
CL	D	0.43%	0.22%	0.22%
CMCSA	B	0.5%	0.38%	0.38%
CSX	B	0.49%	0.31%	0.31%
CTSH	B	0.49%	2.48%	0.49%
GD	F	0.44%	0.43%	0.43%
GILD	C	0.5%	0.26%	0.26%
GIS	D	0.44%	0.21%	0.21%
JNJ	D	0.43%	3.48%	0.43%
KMB	D	0.42%	0.27%	0.27%
KO	D	0.42%	0.22%	0.22%
LMT	D	0.41%	2.92%	0.41%
MMM	D	0.46%	0.23%	0.23%
MRK	F	0.43%	2.5%	0.43%
PAYX	C	0.48%	0.82%	0.48%
PG	A	0.46%	3.03%	0.46%
PKG	A	0.5%	0.4%	0.4%
SNA	A	0.51%	0.3%	0.3%
TJX	A	0.48%	0.28%	0.28%
WM	A	0.49%	2.94%	0.49%
WSO	A	0.5%	0.27%	0.27%
XOM	B	0.47%	3.57%	0.47%

FVD Overweight 173 Positions Relative to VSMV

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%
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%
IEX	B	0.51%
JCI	C	0.51%
SRE	A	0.5%
NSC	B	0.5%
HLI	B	0.5%
LANC	C	0.5%
CVX	A	0.5%
UVV	B	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%
CPK	A	0.49%
KR	B	0.49%
NEU	C	0.49%
SLGN	A	0.49%
NDAQ	A	0.49%
TROW	B	0.49%
TXN	C	0.49%
FAST	B	0.49%
THG	A	0.49%
DGX	A	0.49%
BK	A	0.48%
OTTR	C	0.48%
DCI	B	0.48%
CSCO	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%
BKH	A	0.48%
SWX	B	0.48%
BTI	B	0.48%
MSM	C	0.48%
LECO	B	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%
OGS	A	0.47%
EXPD	D	0.47%
UPS	C	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%
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%
INFY	B	0.46%
ABT	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%
MMC	B	0.46%
HD	A	0.46%
TD	F	0.46%
PSA	D	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%
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%
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%
EXC	C	0.44%
PEP	F	0.44%
BDX	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%
DOX	D	0.44%
APD	A	0.44%
MMS	F	0.43%
UL	D	0.43%
DUK	C	0.43%
SJM	D	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%
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%
GSK	F	0.42%
IBM	C	0.42%
KDP	D	0.42%
SJW	D	0.42%
DEO	F	0.41%
SNY	F	0.41%
BAX	D	0.4%
AZN	D	0.39%
HMC	F	0.39%
HII	D	0.35%

FVD Underweight 40 Positions Relative to VSMV

Symbol	Grade	Weight
AAPL	C	-9.53%
MSFT	F	-8.63%
WMT	A	-3.94%
COR	B	-3.18%
RSG	A	-3.08%
CAH	B	-2.7%
MCK	B	-2.65%
COST	B	-2.64%
CI	F	-2.5%
HPE	B	-2.25%
NTAP	C	-2.13%
LDOS	C	-2.01%
EOG	A	-1.96%
KMI	A	-1.84%
GOOGL	C	-1.77%
CINF	A	-1.36%
WMB	A	-1.34%
FFIV	B	-1.05%
MUSA	A	-0.87%
CCK	C	-0.83%
NYT	C	-0.67%
ATR	B	-0.52%
DVA	B	-0.51%
SPG	B	-0.4%
ANF	C	-0.4%
ALSN	B	-0.3%
CPAY	A	-0.29%
STLD	B	-0.28%
MSI	B	-0.27%
PYPL	B	-0.26%
CHRD	D	-0.25%
BERY	B	-0.25%
AM	A	-0.25%
NUE	C	-0.24%
LSTR	D	-0.23%
THC	D	-0.22%
PHM	D	-0.22%
LEA	D	-0.21%
HCA	F	-0.2%
BBY	D	-0.2%