MOAT vs. FDL ETF Comparison

Comparison of Market Vectors Wide Moat ETF (MOAT) to First Trust Morningstar ETF (FDL)

MOAT

Market Vectors Wide Moat ETF

MOAT Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MorningstarÂ® Wide Moat Focus IndexSM (the "Wide Moat Index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index is comprised of securities issued by companies that Morningstar, Inc. ("Morningstar" or the "Wide Moat Index Provider") determines have sustainable competitive advantages based on a proprietary methodology that considers quantitative and qualitative factors ("wide moat companies"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$98.54

Average Daily Volume

661,468

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

$43.78

Average Daily Volume

360,855

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	MOAT	FDL
30 Days	3.28%	4.96%
60 Days	1.72%	4.91%
90 Days	4.72%	7.39%
12 Months	27.35%	34.94%

6 Overlapping Holdings

Symbol	Grade	Weight in MOAT	Weight in FDL	Overlap
CLX	C	1.44%	0.43%	0.43%
GILD	B	2.97%	3.11%	2.97%
MO	A	2.62%	4.96%	2.62%
PFE	D	2.1%	5.94%	2.1%
UPS	C	1.24%	3.49%	1.24%
USB	A	2.78%	2.44%	2.44%

MOAT Overweight 47 Positions Relative to FDL

Symbol	Grade	Weight
CRM	B	3.14%
BMY	B	3.0%
ADSK	B	2.94%
EMR	A	2.87%
MKTX	D	2.73%
BIO	D	2.72%
KVUE	A	2.69%
DIS	B	2.69%
TRU	D	2.69%
VEEV	B	2.57%
ALLE	D	2.54%
CTVA	A	2.48%
ZBH	C	2.37%
ADBE	C	2.36%
CPB	D	2.29%
A	D	2.21%
IFF	D	2.06%
NKE	F	2.05%
BA	F	1.87%
HII	D	1.82%
FTNT	B	1.73%
EL	F	1.56%
SCHW	A	1.51%
WDAY	C	1.44%
WAT	A	1.4%
GOOGL	C	1.39%
IEX	B	1.39%
AMZN	B	1.37%
APD	A	1.36%
HON	B	1.35%
SBUX	B	1.33%
NOC	D	1.32%
CMCSA	C	1.3%
MAS	D	1.29%
OTIS	C	1.29%
RTX	D	1.25%
ROK	B	1.24%
KEYS	B	1.23%
MSFT	C	1.21%
EFX	D	1.2%
LRCX	D	1.17%
NXPI	D	1.16%
GEHC	F	1.14%
TMO	F	1.04%
MCHP	D	1.02%
TER	D	0.97%
ETSY	C	0.91%

MOAT Underweight 94 Positions Relative to FDL

Symbol	Grade	Weight
CVX	A	-9.22%
VZ	B	-7.42%
ABBV	D	-6.79%
PM	A	-5.87%
IBM	C	-4.35%
CVS	D	-2.33%
TFC	B	-2.19%
DUK	C	-2.18%
PNC	A	-2.12%
KMI	B	-2.06%
OKE	B	-1.96%
F	C	-1.78%
PRU	A	-1.46%
FANG	F	-1.25%
DOW	F	-1.23%
AEP	C	-1.21%
KMB	C	-1.08%
EXC	C	-1.04%
XEL	A	-0.93%
KHC	D	-0.91%
TROW	A	-0.9%
LYB	F	-0.87%
EIX	A	-0.83%
ETR	A	-0.82%
FITB	B	-0.78%
HBAN	B	-0.78%
WEC	A	-0.76%
RF	B	-0.75%
STT	A	-0.67%
KEY	B	-0.66%
CFG	B	-0.64%
ES	D	-0.64%
FE	D	-0.57%
AEE	A	-0.54%
BBY	D	-0.49%
EVRG	A	-0.44%
OMF	A	-0.42%
K	A	-0.42%
CAG	D	-0.41%
FNF	B	-0.37%
LNT	A	-0.35%
CMA	A	-0.33%
WHR	B	-0.33%
IPG	C	-0.33%
CNH	B	-0.32%
FHN	B	-0.31%
SJM	C	-0.31%
SWK	D	-0.31%
PNW	A	-0.29%
BEN	C	-0.28%
COLB	B	-0.28%
LNC	B	-0.26%
OGE	A	-0.25%
MTN	C	-0.24%
HAS	D	-0.24%
ZION	B	-0.23%
UGI	A	-0.22%
SNV	B	-0.21%
WU	D	-0.2%
FMC	D	-0.19%
JHG	A	-0.19%
APAM	A	-0.17%
VLY	B	-0.17%
FAF	B	-0.16%
UBSI	B	-0.16%
OZK	B	-0.15%
NXST	C	-0.15%
POR	C	-0.14%
FIBK	B	-0.14%
SR	A	-0.13%
WEN	D	-0.13%
TNL	B	-0.13%
FLO	C	-0.13%
BKH	B	-0.13%
ALE	A	-0.12%
CC	C	-0.12%
NJR	B	-0.12%
ASB	B	-0.12%
NWE	C	-0.11%
PRGO	C	-0.11%
PNM	F	-0.11%
FHB	B	-0.11%
MSM	C	-0.11%
MAN	D	-0.1%
OGS	B	-0.1%
AVA	B	-0.1%
CATY	B	-0.09%
AGR	B	-0.09%
SMG	D	-0.09%
FHI	A	-0.09%
LCII	B	-0.08%
CRI	F	-0.06%
SIRI	C	-0.05%
GEF	B	-0.01%