GRID vs. FDL ETF Comparison

Comparison of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) to First Trust Morningstar ETF (FDL)

GRID

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

GRID 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 NASDAQ OMX(R) Clean Edge(R) Smart Grid Infrastructure Index(SM). The fund normally invests at least 90% of assets in common stocks that comprise the index or in depositary receipts representing securities in the index. The index is designed to act as a transparent and liquid benchmark for the grid and electric energy infrastructure sector. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$125.79

Average Daily Volume

108,638

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FDL

First Trust Morningstar ETF

FDL 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 Morningstar(R) Dividend Leaders Index(SM). 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 objective of the index is to offer investors a benchmark for dividend portfolios as well as a means to invest in a portfolio of stocks that have a consistent record of growing dividends as well as the ability to sustain them. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$41.74

Average Daily Volume

467,813

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GRID	FDL
30 Days	3.31%	1.25%
60 Days	11.42%	5.07%
90 Days	6.60%	11.82%
12 Months	39.20%	33.53%

2 Overlapping Holdings

	Symbol	Grade	Weight in GRID	Weight in FDL	Overlap
	ABBV	A	7.79%	7.9%	7.79%
	IBM	B	1.36%	4.57%	1.36%

GRID Overweight 42 Positions Relative to FDL

Symbol	Grade	Weight
ETN	C	8.13%
JCI	B	7.98%
PWR	B	4.1%
HUBB	A	3.8%
APTV	D	3.1%
ENPH	D	2.39%
TSLA	C	2.31%
NVDA	C	1.93%
ORCL	B	1.92%
NVT	D	1.67%
CSCO	A	1.43%
TXN	C	1.28%
QCOM	D	1.27%
HON	C	0.96%
ADI	C	0.78%
ITRI	C	0.68%
AEIS	F	0.5%
ATKR	F	0.47%
EMR	B	0.45%
GEV	B	0.45%
NXPI	F	0.38%
MYRG	F	0.22%
FLNC	C	0.2%
SEDG	F	0.19%
AMSC	C	0.13%
TRMB	B	0.1%
WLDN	A	0.09%
AES	B	0.08%
PLPC	D	0.06%
GNRC	B	0.06%
MTZ	B	0.05%
WCC	C	0.05%
VMI	B	0.04%
LFUS	C	0.04%
ENS	D	0.03%
BDC	B	0.03%
ACA	C	0.03%
STM	F	0.02%
ESE	B	0.02%
DGII	B	0.01%
AZZ	C	0.01%
EBR	D	0.0%

GRID Underweight 97 Positions Relative to FDL

Symbol	Grade	Weight
CVX	B	-8.55%
VZ	A	-8.23%
PFE	D	-6.56%
PM	C	-5.54%
MO	D	-4.57%
UPS	D	-3.52%
GILD	A	-2.84%
CVS	D	-2.61%
DUK	A	-2.3%
USB	C	-2.16%
TFC	D	-1.98%
PNC	C	-1.84%
KMI	A	-1.75%
F	D	-1.73%
OKE	B	-1.68%
DOW	B	-1.5%
PRU	C	-1.39%
AEP	C	-1.33%
FANG	D	-1.22%
KMB	B	-1.17%
EXC	A	-1.12%
KHC	D	-1.01%
LYB	D	-1.01%
EIX	A	-0.89%
XEL	A	-0.88%
TROW	D	-0.81%
WEC	A	-0.76%
ETR	A	-0.74%
ES	C	-0.71%
FITB	C	-0.69%
HBAN	D	-0.64%
RF	C	-0.64%
FE	B	-0.62%
STT	C	-0.62%
KEY	C	-0.56%
BBY	B	-0.55%
CFG	D	-0.55%
AEE	A	-0.53%
CAG	D	-0.5%
EVRG	C	-0.43%
CLX	B	-0.43%
K	B	-0.42%
SWK	A	-0.4%
FNF	A	-0.37%
IPG	C	-0.36%
LNT	A	-0.36%
OMF	F	-0.35%
SJM	C	-0.34%
CNH	B	-0.33%
WHR	B	-0.31%
PNW	A	-0.29%
CMA	C	-0.28%
HAS	A	-0.28%
BEN	F	-0.26%
OGE	A	-0.25%
WU	D	-0.23%
FHN	D	-0.23%
COLB	C	-0.23%
LNC	D	-0.23%
UGI	C	-0.23%
MTN	D	-0.23%
FMC	B	-0.22%
ZION	D	-0.18%
SNV	D	-0.16%
FAF	B	-0.16%
VLY	C	-0.15%
POR	C	-0.15%
APAM	C	-0.15%
NXST	D	-0.15%
JHG	C	-0.15%
FLO	D	-0.14%
UBSI	D	-0.14%
SR	C	-0.13%
FIBK	D	-0.13%
OZK	F	-0.13%
BKH	C	-0.13%
ALE	A	-0.12%
NJR	C	-0.12%
WEN	D	-0.12%
CC	D	-0.12%
SMG	A	-0.11%
PNM	B	-0.11%
AVA	D	-0.11%
TNL	B	-0.11%
MAN	D	-0.11%
NWE	B	-0.11%
MSM	D	-0.11%
PRGO	F	-0.1%
OGS	C	-0.1%
AGR	C	-0.09%
FHB	D	-0.09%
ASB	F	-0.09%
FHI	C	-0.08%
CRI	D	-0.08%
LCII	B	-0.08%
CATY	D	-0.07%
GEF	D	-0.01%

GRID: Top Represented Industries & Keywords

Industries: Electronic Components Semiconductors Diversified Industrials Engineering & Construction Scientific & Technical Instruments Communication Equipment Utilities - Renewable Auto Manufacturers Auto Parts Drug Manufacturers - Major Electronics Distribution Industrial Distribution Information Technology Services Infrastructure Operations Metal Fabrication Semiconductor Equipment & Materials Software - Infrastructure Solar Specialty Industrial Machinery Utilities - Diversified