KVLE vs. FDL ETF Comparison

Comparison of KFA Value Line Dynamic Core Equity Index ETF (KVLE) to First Trust Morningstar ETF (FDL)

KVLE

KFA Value Line Dynamic Core Equity Index ETF

KVLE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of a specific equity securities index, the Value Line®Dynamic Core Equity Index. Under normal circumstances, the fund will invest at least 80% of its total assets in components of the underlying index. It may invest up to 20% of its assets in instruments that are not included in the underlying index, but that Fund's adviser, Krane Funds Advisors, LLC, believes will help the fund track the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.42

Average Daily Volume

4,797

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

$41.49

Average Daily Volume

467,813

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KVLE	FDL
30 Days	2.13%	1.25%
60 Days	6.58%	5.07%
90 Days	7.67%	11.82%
12 Months	28.21%	33.53%

26 Overlapping Holdings

Symbol	Grade	Weight in KVLE	Weight in FDL	Overlap
ABBV	A	1.26%	7.9%	1.26%
AEP	C	0.63%	1.33%	0.63%
CFG	D	0.12%	0.55%	0.12%
CVS	D	0.1%	2.61%	0.1%
CVX	B	0.95%	8.55%	0.95%
DOW	B	1.36%	1.5%	1.36%
DUK	A	0.38%	2.3%	0.38%
ETR	A	0.81%	0.74%	0.74%
EVRG	C	0.18%	0.43%	0.18%
FLO	D	0.84%	0.14%	0.14%
GILD	A	1.52%	2.84%	1.52%
IBM	B	1.22%	4.57%	1.22%
KMB	B	1.53%	1.17%	1.17%
MO	D	1.57%	4.57%	1.57%
MSM	D	1.07%	0.11%	0.11%
OGS	C	0.55%	0.1%	0.1%
PFE	D	1.63%	6.56%	1.63%
PM	C	0.23%	5.54%	0.23%
RF	C	0.24%	0.64%	0.24%
SR	C	0.24%	0.13%	0.13%
TROW	D	1.27%	0.81%	0.81%
UGI	C	0.61%	0.23%	0.23%
UPS	D	1.24%	3.52%	1.24%
VZ	A	1.53%	8.23%	1.53%
WEC	A	1.54%	0.76%	0.76%
WU	D	1.24%	0.23%	0.23%

KVLE Overweight 61 Positions Relative to FDL

Symbol	Grade	Weight
NVDA	C	8.04%
MSFT	D	5.88%
AAPL	C	5.12%
GOOG	B	3.45%
AMZN	C	3.04%
META	A	2.7%
HD	A	2.3%
CSCO	A	1.95%
TXN	C	1.84%
GS	C	1.75%
PSA	C	1.66%
BMY	B	1.63%
ADP	A	1.58%
APD	C	1.57%
PAYX	A	1.53%
CMCSA	B	1.51%
DTM	A	1.49%
HESM	D	1.38%
FAST	B	1.33%
CALM	B	1.3%
BLK	A	1.28%
LLY	D	1.23%
MRK	F	1.1%
JPM	D	1.06%
PKG	C	1.04%
ED	A	0.96%
WSO	C	0.92%
PSX	D	0.92%
UNP	D	0.92%
PG	C	0.91%
AMGN	D	0.88%
CMI	B	0.85%
SPG	A	0.82%
LMT	A	0.73%
PEG	A	0.68%
MS	B	0.65%
EPD	A	0.6%
MCD	A	0.57%
RHI	D	0.57%
NTAP	D	0.55%
VRT	B	0.54%
SNA	A	0.51%
VIRT	B	0.5%
CL	D	0.47%
ALL	B	0.45%
JNJ	D	0.45%
CME	A	0.43%
KO	C	0.34%
NFLX	A	0.32%
DKS	D	0.3%
WSM	B	0.29%
APP	A	0.27%
POWL	A	0.25%
RTX	A	0.24%
ORCL	B	0.18%
AVGO	C	0.18%
KRO	B	0.17%
DELL	C	0.16%
GD	A	0.15%
EQIX	B	0.12%
SMCI	F	0.11%

KVLE Underweight 73 Positions Relative to FDL

Symbol	Grade	Weight
USB	C	-2.16%
TFC	D	-1.98%
PNC	C	-1.84%
KMI	A	-1.75%
F	D	-1.73%
OKE	B	-1.68%
PRU	C	-1.39%
FANG	D	-1.22%
EXC	A	-1.12%
KHC	D	-1.01%
LYB	D	-1.01%
EIX	A	-0.89%
XEL	A	-0.88%
ES	C	-0.71%
FITB	C	-0.69%
HBAN	D	-0.64%
FE	B	-0.62%
STT	C	-0.62%
KEY	C	-0.56%
BBY	B	-0.55%
AEE	A	-0.53%
CAG	D	-0.5%
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%
FHN	D	-0.23%
COLB	C	-0.23%
LNC	D	-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%
UBSI	D	-0.14%
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%
PRGO	F	-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%