IWP vs. FCTR ETF Comparison

Comparison of iShares Russell Midcap Growth ETF (IWP) to First Trust Lunt U.S. Factor Rotation ETF (FCTR)

IWP

iShares Russell Midcap Growth ETF

IWP Description

The investment seeks to track the investment results of an index composed of mid-capitalization U.S. equities that exhibit growth characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Russell Midcap Growth Index (the "underlying index"), which measures the performance of the mid-capitalization growth sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$134.36

Average Daily Volume

1,023,862

Number of Holdings ^*

286

* may have additional holdings in another (foreign) market

FCTR

First Trust Lunt U.S. Factor Rotation ETF

FCTR 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 Lunt Capital Large Cap Factor Rotation Index (the "index"). The fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the index. The index is designed to provide exposure to U.S. large cap equities grouped into four separate factors, with factors emphasized within the index as they come into favor in the U.S. marketplace. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.76

Average Daily Volume

7,787

Number of Holdings ^*

165

* may have additional holdings in another (foreign) market

Performance

Period	IWP	FCTR
30 Days	12.16%	9.38%
60 Days	14.69%	12.16%
90 Days	17.57%	17.79%
12 Months	40.60%	36.88%

50 Overlapping Holdings

Symbol	Grade	Weight in IWP	Weight in FCTR	Overlap
ALNY	D	0.86%	0.47%	0.47%
APP	B	2.49%	3.4%	2.49%
ARES	A	1.0%	1.03%	1.0%
AXON	A	1.41%	1.42%	1.41%
BR	A	0.8%	1.39%	0.8%
BRO	B	0.38%	0.97%	0.38%
BSY	D	0.21%	0.4%	0.21%
CPAY	A	0.81%	0.26%	0.26%
CSL	C	0.09%	0.35%	0.09%
DDOG	A	1.23%	0.51%	0.51%
DPZ	C	0.17%	0.46%	0.17%
DRI	B	0.34%	0.5%	0.34%
DXCM	D	0.99%	0.39%	0.39%
EME	C	0.3%	0.77%	0.3%
FAST	B	1.29%	0.53%	0.53%
FDS	B	0.21%	0.92%	0.21%
FICO	B	1.48%	1.54%	1.48%
GWW	B	1.45%	0.29%	0.29%
HSY	F	0.11%	0.19%	0.11%
HUBS	A	1.08%	0.56%	0.56%
HWM	A	0.09%	0.76%	0.09%
IDXX	F	1.13%	0.32%	0.32%
IRM	D	0.62%	0.6%	0.6%
LECO	B	0.1%	0.18%	0.1%
LII	A	0.64%	0.37%	0.37%
LNG	B	0.81%	0.5%	0.5%
LW	C	0.11%	0.39%	0.11%
MANH	D	0.54%	0.73%	0.54%
MDB	C	0.64%	0.41%	0.41%
MPWR	F	0.88%	0.36%	0.36%
MSCI	C	0.86%	0.5%	0.5%
MSTR	C	0.11%	1.55%	0.11%
NET	B	0.88%	0.55%	0.55%
PAYX	C	0.54%	1.49%	0.54%
PLTR	B	4.32%	2.35%	2.35%
PWR	A	0.47%	0.36%	0.36%
RBLX	C	0.85%	0.52%	0.52%
RCL	A	0.62%	0.57%	0.57%
ROL	B	0.45%	0.93%	0.45%
ROST	C	0.35%	0.48%	0.35%
SYY	B	0.76%	0.81%	0.76%
TPL	A	0.83%	0.73%	0.73%
TRGP	B	1.4%	0.7%	0.7%
TTD	B	1.7%	0.62%	0.62%
URI	B	0.44%	0.43%	0.43%
VRSK	A	1.3%	0.94%	0.94%
VRSN	F	0.03%	0.88%	0.03%
VST	B	1.6%	1.72%	1.6%
YUM	B	0.47%	0.96%	0.47%
ZS	C	0.6%	0.55%	0.55%

IWP Overweight 236 Positions Relative to FCTR

Symbol	Grade	Weight
AMP	A	1.68%
COIN	C	1.65%
VRT	B	1.41%
ODFL	B	1.38%
COR	B	1.3%
IT	C	1.29%
VEEV	C	1.03%
HLT	A	1.02%
TSCO	D	0.97%
CPNG	D	0.93%
DECK	A	0.87%
HES	B	0.86%
GDDY	A	0.84%
LPLA	A	0.76%
EXPE	B	0.75%
TYL	B	0.7%
CLX	B	0.68%
LYV	A	0.67%
SQ	B	0.64%
BAH	F	0.62%
TOST	B	0.59%
DKNG	B	0.59%
PODD	C	0.59%
BURL	A	0.56%
CAH	B	0.56%
XPO	B	0.55%
LVS	C	0.55%
HEI	B	0.55%
PINS	D	0.55%
NTRA	B	0.54%
DOCU	A	0.52%
FIX	A	0.51%
DT	C	0.5%
SPG	B	0.49%
ULTA	F	0.49%
TER	D	0.48%
ENTG	D	0.48%
PTC	A	0.45%
WST	C	0.45%
POOL	C	0.44%
TXRH	C	0.43%
WAT	B	0.42%
PSTG	D	0.42%
EQH	B	0.41%
HEI	B	0.39%
CDW	F	0.39%
NBIX	C	0.38%
DUOL	A	0.37%
NCLH	B	0.37%
OWL	A	0.37%
VLTO	D	0.37%
CAVA	B	0.35%
MOH	F	0.35%
NTAP	C	0.35%
KNSL	B	0.33%
CHDN	B	0.32%
MUSA	A	0.32%
ALGN	D	0.32%
WSM	B	0.32%
SRPT	D	0.31%
VMC	B	0.31%
TPX	B	0.3%
CVNA	B	0.3%
AAON	B	0.3%
SMCI	F	0.3%
WING	D	0.3%
RMD	C	0.3%
PEN	B	0.29%
MORN	B	0.29%
ITCI	C	0.28%
PCTY	B	0.28%
HPQ	B	0.28%
EXEL	B	0.27%
LNW	D	0.27%
NRG	B	0.26%
ENPH	F	0.26%
MEDP	D	0.26%
SAIA	B	0.26%
ALL	A	0.26%
DVA	B	0.26%
HAS	D	0.25%
EXP	A	0.25%
RYAN	B	0.24%
PCOR	B	0.24%
TREX	C	0.24%
SMAR	A	0.24%
ESTC	C	0.23%
PAYC	B	0.23%
GTLB	B	0.23%
GWRE	A	0.23%
CFLT	B	0.22%
GLOB	B	0.21%
ELF	C	0.21%
AVY	D	0.2%
FWONK	B	0.2%
EFX	F	0.2%
LSCC	D	0.19%
WFRD	D	0.19%
TW	A	0.19%
FOUR	B	0.19%
VVV	F	0.18%
MTN	C	0.18%
LAZ	B	0.18%
INSP	D	0.17%
MKL	A	0.17%
VKTX	F	0.17%
APPF	B	0.17%
OKTA	C	0.17%
GNRC	B	0.17%
CNM	D	0.17%
NTNX	A	0.16%
IONS	F	0.16%
LPX	B	0.16%
PLNT	A	0.15%
LYFT	C	0.15%
CELH	F	0.15%
AZEK	A	0.15%
PATH	C	0.15%
ZBRA	B	0.14%
AJG	B	0.14%
JLL	D	0.13%
OLED	D	0.13%
PEGA	A	0.13%
RPM	A	0.13%
IQV	D	0.13%
FND	C	0.13%
RARE	D	0.13%
BRKR	D	0.12%
EXAS	D	0.12%
MASI	A	0.12%
JEF	A	0.12%
HCP	B	0.12%
FIVE	F	0.12%
ETSY	D	0.12%
TWLO	A	0.11%
CHH	A	0.11%
GEHC	F	0.11%
WMS	D	0.11%
RNG	B	0.1%
ROK	B	0.1%
EG	C	0.09%
UHAL	D	0.09%
FERG	B	0.09%
APLS	D	0.09%
LAMR	D	0.09%
EXPD	D	0.09%
FIVN	C	0.09%
TDC	D	0.09%
U	C	0.08%
SITE	D	0.08%
BWXT	B	0.08%
TTEK	F	0.08%
LBRDK	C	0.08%
CASY	A	0.08%
ONTO	D	0.07%
MLM	B	0.07%
BROS	B	0.07%
NCNO	B	0.07%
CE	F	0.07%
PR	B	0.07%
BILL	A	0.07%
CACC	D	0.07%
FRPT	B	0.07%
AWI	A	0.07%
SOFI	A	0.07%
CLF	F	0.06%
PFGC	B	0.06%
WSC	D	0.06%
BLDR	D	0.06%
AM	A	0.06%
DBX	B	0.06%
NXST	C	0.06%
CIVI	D	0.05%
VNOM	A	0.05%
LOPE	B	0.05%
WEN	D	0.05%
DV	C	0.05%
EQT	B	0.05%
HRB	D	0.05%
S	B	0.04%
JBL	B	0.04%
DAY	B	0.04%
TKO	B	0.04%
ROKU	D	0.04%
SN	D	0.04%
TPG	A	0.04%
ALLY	C	0.04%
LOAR	A	0.03%
EPAM	C	0.03%
CHE	D	0.03%
KMX	B	0.03%
HLI	B	0.03%
BLD	D	0.03%
BFAM	D	0.03%
RH	B	0.03%
TXG	F	0.03%
H	B	0.03%
YETI	C	0.03%
RGEN	D	0.03%
DKS	C	0.03%
DJT	C	0.03%
CROX	D	0.03%
TRU	D	0.03%
SPR	D	0.02%
MTDR	B	0.02%
SAM	C	0.02%
UI	A	0.02%
FWONA	B	0.02%
WH	B	0.02%
CAR	C	0.02%
KBR	F	0.02%
AAL	B	0.02%
WYNN	D	0.02%
SKX	D	0.02%
BPOP	B	0.02%
WEX	D	0.02%
INCY	C	0.02%
SSD	D	0.02%
FTRE	D	0.01%
PPC	C	0.01%
CC	C	0.01%
UHAL	D	0.01%
SEE	C	0.01%
NFE	D	0.01%
IRDM	D	0.01%
MSGS	A	0.01%
LBRDA	C	0.01%
CGNX	C	0.01%
UWMC	D	0.01%
MKSI	C	0.01%
WU	D	0.01%
RLI	B	0.01%
DOCS	C	0.01%
ALAB	B	0.0%
TRIP	F	0.0%
PYCR	C	0.0%

IWP Underweight 115 Positions Relative to FCTR

Symbol	Grade	Weight
MSI	B	-1.75%
MA	C	-1.41%
SYK	C	-1.37%
V	A	-1.36%
ANET	C	-1.29%
ADP	B	-1.13%
CTAS	B	-1.08%
TDG	D	-1.04%
APO	B	-1.04%
LDOS	C	-0.99%
CL	D	-0.98%
ISRG	A	-0.91%
FI	A	-0.91%
THC	D	-0.88%
ITW	B	-0.86%
ACGL	D	-0.84%
HOOD	B	-0.84%
TT	A	-0.82%
LLY	F	-0.79%
ICE	C	-0.78%
NVDA	C	-0.78%
KKR	A	-0.68%
CRWD	B	-0.66%
MCD	D	-0.66%
AAPL	C	-0.65%
PH	A	-0.63%
VICI	C	-0.61%
TJX	A	-0.6%
MMC	B	-0.55%
NI	A	-0.54%
SBAC	D	-0.54%
TOL	B	-0.53%
CDNS	B	-0.53%
KO	D	-0.52%
NOW	A	-0.52%
PANW	C	-0.51%
PG	A	-0.51%
ORCL	B	-0.51%
PPL	B	-0.5%
PGR	A	-0.5%
TTWO	A	-0.5%
ETR	B	-0.5%
DUK	C	-0.49%
SNOW	C	-0.49%
SRE	A	-0.49%
FE	C	-0.49%
LNT	A	-0.48%
LMT	D	-0.48%
DASH	A	-0.48%
AVGO	D	-0.47%
BSX	B	-0.47%
WEC	A	-0.47%
META	D	-0.47%
SPGI	C	-0.47%
CMS	C	-0.46%
SNPS	B	-0.45%
ORLY	B	-0.45%
AEE	A	-0.45%
NOC	D	-0.44%
KDP	D	-0.44%
NFLX	A	-0.44%
SO	D	-0.44%
ERIE	D	-0.44%
ROP	B	-0.43%
AVB	B	-0.43%
EIX	B	-0.42%
ADSK	A	-0.42%
ED	D	-0.42%
PHM	D	-0.42%
BDX	F	-0.41%
MDT	D	-0.41%
AFL	B	-0.41%
O	D	-0.41%
PPG	F	-0.41%
GLPI	C	-0.41%
EQR	B	-0.4%
MCO	B	-0.4%
DTE	C	-0.4%
INTU	C	-0.4%
VRTX	F	-0.4%
ADBE	C	-0.39%
AEP	D	-0.39%
EXC	C	-0.39%
CARR	D	-0.38%
KMB	D	-0.38%
AWK	D	-0.37%
MSFT	F	-0.37%
GIS	D	-0.36%
NVR	D	-0.36%
OKE	A	-0.35%
BX	A	-0.35%
HCA	F	-0.35%
DHI	D	-0.34%
RIVN	F	-0.34%
KLAC	D	-0.34%
COST	B	-0.34%
AMT	D	-0.33%
PSA	D	-0.33%
BKNG	A	-0.3%
ETN	A	-0.3%
FCNCA	A	-0.3%
ATO	A	-0.27%
HON	B	-0.25%
CSCO	B	-0.25%
CB	C	-0.24%
RSG	A	-0.24%
BRK.A	B	-0.24%
AME	A	-0.23%
WM	A	-0.23%
CHD	B	-0.22%
CMG	B	-0.22%
MDLZ	F	-0.2%
MNST	C	-0.2%
PCAR	B	-0.2%
PEP	F	-0.2%