MISL vs. FCTE ETF Comparison

Comparison of First Trust Indxx Aerospace & Defense ETF (MISL) to SMI 3Fourteen Full-Cycle Trend ETF (FCTE)

MISL

First Trust Indxx Aerospace & Defense ETF

MISL Description

The First Trust Indxx Aerospace & Defense ETF seeks investment results that correspond generally to the price and yield, before fees and expenses, of an equity index called the Indxx US Aerospace & Defense Index (the "Index"). Under normal market conditions, the Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in the common stocks that comprise the Index.

Grade (RS Rating)

Last Trade

$32.12

Average Daily Volume

18,311

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

FCTE

SMI 3Fourteen Full-Cycle Trend ETF

FCTE Description

The fund is actively managed and typically owns 20 domestic stocks that are normally included in the S&P 500 Index ("S&P 500"). The FCT strategy is based on a proprietary model developed by 3Fourteen that selects stocks based on quality stock screens and trend factors such as return on capital and cash flow stability, earnings growth, return on investment, momentum, linear regression and trend analysis. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.47

Average Daily Volume

322,327

Number of Holdings ^*

20

* may have additional holdings in another (foreign) market

Performance

Period	MISL	FCTE
30 Days	1.80%	1.69%
60 Days	9.71%	6.95%
90 Days	14.35%	11.58%
12 Months	50.67%

1 Overlapping Holdings

	Symbol	Grade	Weight in MISL	Weight in FCTE	Overlap
	GD	A	7.58%	4.89%	4.89%

MISL Overweight 9 Positions Relative to FCTE

	Symbol	Grade	Weight
	LMT	A	8.83%
	RTX	A	8.72%
	TDG	A	7.93%
	BA	F	6.83%
	HWM	A	4.42%
	NOC	B	4.34%
	HEI	A	4.07%
	LDOS	A	3.79%
	TXT	F	3.67%

MISL Underweight 19 Positions Relative to FCTE

	Symbol	Grade	Weight
	ANET	A	-5.34%
	META	A	-5.28%
	HUBB	A	-5.21%
	PHM	A	-5.2%
	TSCO	A	-5.2%
	AMAT	B	-5.19%
	GWW	A	-5.15%
	DPZ	D	-5.1%
	MSFT	D	-5.05%
	MTD	B	-5.03%
	LRCX	D	-5.03%
	NTAP	D	-5.02%
	HPQ	C	-5.0%
	MLM	D	-4.91%
	GOOGL	B	-4.86%
	SNPS	F	-4.81%
	DECK	B	-4.8%
	KLAC	B	-4.8%
	MCK	F	-4.14%

MISL: Top Represented Industries & Keywords

Industries: Aerospace & Defense Information Technology Services Specialty Industrial Machinery

Keywords: S&P 500 Aerospace Space Systems Aviation Electronics Weapons Aerospace Systems Avionics Business Aviation Combat Systems Communications Systems Defense Systems Information Technology Solutions Laser Manned Aircraft Mission Systems Navigation Systems Radar Simulation System Simulation Systems

FCTE: Top Represented Industries & Keywords

Industries: Semiconductor Equipment & Materials Computer Systems Internet Content & Information Aerospace & Defense Building Materials Data Storage Diagnostics & Research Electronic Components Footwear & Accessories Industrial Distribution Medical Distribution Residential Construction Restaurants Software - Application Software - Infrastructure Specialty Retail

Keywords: S&P 500 Nasdaq 100 Computing Integrated Circuits Operating System Semiconductor Cloud Computing Hyperscale IBD 50 Semiconductor Device Fabrication Software Business Solutions Chemical Chemical Vapor Deposition Clothing Electrical Engineering Electrical Products Electronics Industries Ethernet Lithography