NSCS vs. FIW ETF Comparison

Comparison of Nuveen Small Cap Select ETF (NSCS) to First Trust ISE Water Index Fund (FIW)

NSCS

Nuveen Small Cap Select ETF

NSCS Description

The investment seeks capital appreciation. Under normal market conditions, the fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in exchange-traded common stocks of small-capitalization companies. It may invest up to 15% of its total assets in non-dollar denominated equity securities of non-U.S. issuers listed on a foreign exchange that trade on such exchange contemporaneously with the shares of the fund. Up to 15% of the fund's total assets may be invested in equity securities of emerging market issuers.

Grade (RS Rating)

Last Trade

$27.45

Average Daily Volume

1,154

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FIW

First Trust ISE Water Index Fund

FIW 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 ISE Water Index(TM). 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 index is a modified market-capitalization weighted portfolio of 36 stocks of companies as of March 31, 2013 that derive a substantial portion of their revenues from the potable and wastewater industries. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$108.37

Average Daily Volume

38,182

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NSCS	FIW
30 Days	-0.90%	0.85%
60 Days	4.63%	3.31%
90 Days	6.78%	9.93%
12 Months	25.39%	33.54%

1 Overlapping Holdings

	Symbol	Grade	Weight in NSCS	Weight in FIW	Overlap
	PRMW	C	1.72%	2.29%	1.72%

NSCS Overweight 73 Positions Relative to FIW

Symbol	Grade	Weight
EVR	C	2.49%
WTFC	C	2.22%
PIPR	C	2.21%
SSB	C	1.83%
NOG	D	1.72%
BANR	C	1.65%
MMSI	C	1.61%
ESE	B	1.61%
ACA	C	1.58%
AIT	A	1.57%
FLR	D	1.52%
AVNT	B	1.52%
HQY	B	1.52%
AVAV	B	1.52%
EHC	B	1.49%
FIBK	D	1.47%
EGP	D	1.47%
TPH	B	1.47%
STAG	D	1.45%
MGNI	D	1.44%
SHAK	C	1.42%
WK	D	1.41%
MMS	A	1.4%
KTOS	A	1.39%
TROX	D	1.38%
SUM	D	1.38%
SIG	C	1.38%
SHOO	A	1.38%
QTWO	C	1.37%
CMC	C	1.37%
BYD	C	1.35%
ONTO	C	1.34%
ASGN	D	1.34%
HOMB	D	1.33%
EVRI	B	1.32%
BKH	B	1.3%
NPO	C	1.3%
LITE	C	1.3%
GDYN	B	1.25%
OPCH	D	1.19%
ARCB	D	1.19%
RDNT	C	1.18%
MTDR	F	1.14%
CVLT	C	1.14%
ICHR	F	1.11%
PFBC	D	1.1%
GKOS	C	1.09%
SLAB	D	1.04%
LADR	D	1.02%
BRBR	B	1.02%
SR	A	0.92%
SEM	D	0.92%
RBRK	F	0.92%
PRI	A	0.88%
ENV	C	0.88%
KEX	C	0.87%
DAN	F	0.85%
ZD	D	0.82%
INN	B	0.79%
FROG	F	0.78%
SIBN	F	0.74%
TTMI	D	0.73%
INSM	D	0.72%
KRYS	D	0.71%
CRNX	D	0.69%
PCVX	B	0.67%
ESTA	F	0.66%
HALO	D	0.64%
ARHS	F	0.62%
MDGL	F	0.48%
TCMD	C	0.48%
IMVT	F	0.46%
BPMC	F	0.32%

NSCS Underweight 32 Positions Relative to FIW

Symbol	Grade	Weight
IDXX	D	-4.19%
IEX	D	-4.1%
AWK	C	-4.03%
ECL	A	-4.0%
ROP	C	-3.96%
A	B	-3.95%
WAT	B	-3.95%
VLTO	C	-3.94%
XYL	B	-3.85%
PNR	A	-3.79%
ACM	B	-3.56%
TTEK	B	-3.45%
WMS	D	-3.4%
WTRG	D	-3.39%
BMI	A	-3.16%
AOS	B	-3.06%
MLI	B	-2.93%
CNM	F	-2.75%
ZWS	A	-2.13%
WTS	B	-2.09%
ITRI	C	-2.08%
AWR	B	-2.02%
VMI	B	-2.0%
FELE	B	-1.97%
MWA	B	-1.96%
CWT	D	-1.91%
MSEX	C	-1.27%
SBS	D	-1.26%
LNN	B	-1.24%
SJW	D	-1.22%
HWKN	A	-1.17%
MEG	F	-1.06%