NULC vs. FTA ETF Comparison

Comparison of Nuveen ESG Large-Cap ETF (NULC) to First Trust Large Cap Value AlphaDEX Fund (based onthe Defined Large Cap Value Index (FTA)

NULC

Nuveen ESG Large-Cap ETF

NULC Description

The investment seeks to track the investment results, before fees and expenses, of the ICE BofAML Enhanced Yield 1-5 Year US Broad Bond Index (the "index"). 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 component securities of the index. The index is designed to broadly capture the 1-5 year U.S. investment grade fixed income market, as represented by a modified version of the ICE BofAML 1-5 Year US Broad Market Index.

Grade (RS Rating)

Last Trade

$48.43

Average Daily Volume

1,139

Number of Holdings ^*

121

* may have additional holdings in another (foreign) market

FTA

First Trust Large Cap Value AlphaDEX Fund (based onthe Defined Large Cap Value Index

FTA 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 Defined Large Cap Value Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P 500(R) Value Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$82.72

Average Daily Volume

39,082

Number of Holdings ^*

186

* may have additional holdings in another (foreign) market

Performance

Period	NULC	FTA
30 Days	2.83%	4.88%
60 Days	5.29%	5.23%
90 Days	7.13%	6.80%
12 Months	30.46%	26.69%

38 Overlapping Holdings

Symbol	Grade	Weight in NULC	Weight in FTA	Overlap
ADM	D	0.48%	0.77%	0.48%
AKAM	D	0.07%	0.45%	0.07%
AWK	D	0.41%	0.15%	0.15%
BG	F	0.01%	0.8%	0.01%
BKR	B	0.83%	0.61%	0.61%
C	A	0.94%	0.76%	0.76%
CARR	D	1.16%	0.33%	0.33%
CI	F	0.08%	0.16%	0.08%
CMCSA	B	0.75%	0.91%	0.75%
DIS	B	1.45%	0.4%	0.4%
EBAY	D	0.45%	0.49%	0.45%
ED	D	0.64%	0.64%	0.64%
EXC	C	0.73%	0.66%	0.66%
FDX	B	0.22%	0.75%	0.22%
FTV	C	0.42%	0.16%	0.16%
HD	A	0.2%	0.17%	0.17%
HOLX	D	0.36%	0.16%	0.16%
HPE	B	0.54%	0.92%	0.54%
HPQ	B	0.69%	0.36%	0.36%
INTC	D	1.05%	0.75%	0.75%
J	F	0.35%	0.18%	0.18%
KEYS	A	0.53%	0.17%	0.17%
KR	B	0.44%	0.72%	0.44%
LNG	B	0.93%	0.82%	0.82%
LOW	D	0.79%	0.17%	0.17%
LYB	F	0.41%	0.76%	0.41%
MS	A	1.53%	0.65%	0.65%
OKE	A	1.2%	0.42%	0.42%
PEP	F	0.75%	0.17%	0.17%
PNC	B	1.3%	0.39%	0.39%
STLD	B	0.41%	0.96%	0.41%
STX	D	0.38%	0.46%	0.38%
T	A	0.85%	0.89%	0.85%
TGT	F	1.02%	0.5%	0.5%
TRV	B	0.48%	0.56%	0.48%
UPS	C	1.04%	0.17%	0.17%
USB	A	0.06%	0.56%	0.06%
VZ	C	0.21%	0.64%	0.21%

NULC Overweight 83 Positions Relative to FTA

Symbol	Grade	Weight
NVDA	C	8.29%
MSFT	F	6.83%
GOOGL	C	3.13%
LLY	F	2.26%
V	A	2.2%
MA	C	2.14%
GOOG	C	1.92%
TSLA	B	1.88%
ETN	A	1.72%
FI	A	1.71%
IBM	C	1.62%
CRM	B	1.6%
PGR	A	1.57%
KO	D	1.55%
SPGI	C	1.48%
MCK	B	1.46%
PG	A	1.41%
MMC	B	1.38%
DHR	F	1.33%
MELI	D	1.31%
TJX	A	1.27%
HCA	F	1.21%
ECL	D	1.21%
MCD	D	1.2%
AMAT	F	0.99%
AMGN	D	0.98%
CMG	B	0.97%
ADP	B	0.97%
AMT	D	0.96%
MRVL	B	0.95%
SNPS	B	0.9%
AXON	A	0.81%
AMD	F	0.76%
GILD	C	0.72%
EW	C	0.72%
VEEV	C	0.69%
TXN	C	0.65%
MMM	D	0.57%
CDNS	B	0.57%
ZTS	D	0.55%
TEAM	A	0.51%
URI	B	0.49%
ADBE	C	0.47%
NTAP	C	0.47%
WST	C	0.45%
IRM	D	0.44%
BKNG	A	0.43%
WDC	D	0.4%
CBOE	B	0.4%
EQIX	A	0.4%
TRU	D	0.38%
TFC	A	0.37%
EA	A	0.35%
FSLR	F	0.35%
TRMB	B	0.34%
BALL	D	0.33%
HOOD	B	0.33%
VRTX	F	0.32%
DECK	A	0.31%
MCO	B	0.3%
JNPR	F	0.24%
GS	A	0.23%
SOLV	C	0.2%
A	D	0.19%
NEM	D	0.18%
PANW	C	0.18%
EME	C	0.18%
MKTX	D	0.17%
MOS	F	0.16%
LPLA	A	0.13%
CAH	B	0.13%
DINO	D	0.13%
ACGL	D	0.12%
NXPI	D	0.09%
WELL	A	0.07%
IT	C	0.07%
WTW	B	0.05%
IDXX	F	0.05%
AZO	C	0.04%
UNP	C	0.04%
DXCM	D	0.03%
FBIN	D	0.02%
DOV	A	0.01%

NULC Underweight 148 Positions Relative to FTA

Symbol	Grade	Weight
UAL	A	-1.4%
SYF	B	-1.14%
GM	B	-1.13%
DAL	C	-1.12%
PCAR	B	-1.02%
FOXA	B	-0.98%
EOG	A	-0.97%
TROW	B	-0.97%
CVX	A	-0.96%
CINF	A	-0.96%
RS	B	-0.94%
COP	C	-0.94%
CTRA	B	-0.93%
F	C	-0.92%
AIG	B	-0.91%
HAL	C	-0.91%
VLO	C	-0.91%
XOM	B	-0.9%
WFC	A	-0.9%
DVN	F	-0.88%
PSX	C	-0.87%
TOL	B	-0.87%
COF	B	-0.86%
OXY	D	-0.86%
KMI	A	-0.85%
MPC	D	-0.85%
NUE	C	-0.85%
HBAN	A	-0.84%
EG	C	-0.82%
EQT	B	-0.82%
CFG	B	-0.8%
PHM	D	-0.79%
LEN	D	-0.79%
OC	A	-0.78%
ETR	B	-0.78%
CVS	D	-0.77%
SRE	A	-0.76%
VTRS	A	-0.76%
CRBG	B	-0.74%
L	A	-0.74%
XEL	A	-0.74%
FANG	D	-0.74%
SLB	C	-0.73%
ATO	A	-0.73%
CTSH	B	-0.73%
CNP	B	-0.72%
AEE	A	-0.72%
ZBH	C	-0.71%
ALLY	C	-0.71%
CB	C	-0.7%
CF	B	-0.7%
HIG	B	-0.69%
APTV	D	-0.66%
ON	D	-0.65%
DG	F	-0.64%
SNA	A	-0.63%
CHTR	C	-0.62%
MTB	A	-0.61%
SWKS	F	-0.6%
IP	B	-0.6%
DHI	D	-0.6%
BAC	A	-0.59%
RF	A	-0.58%
FITB	A	-0.57%
TDY	B	-0.56%
LUV	C	-0.56%
STT	A	-0.55%
CNC	D	-0.55%
NI	A	-0.53%
DGX	A	-0.52%
PPL	B	-0.51%
TXT	D	-0.5%
D	C	-0.5%
LNT	A	-0.5%
AFL	B	-0.5%
EQR	B	-0.5%
ULTA	F	-0.5%
HRL	D	-0.49%
DUK	C	-0.49%
SYY	B	-0.49%
DTE	C	-0.48%
CE	F	-0.48%
BLDR	D	-0.48%
DE	A	-0.48%
AEP	D	-0.47%
RJF	A	-0.46%
KHC	F	-0.46%
BBY	D	-0.45%
BIIB	F	-0.44%
ZM	B	-0.42%
DOW	F	-0.42%
KEY	B	-0.4%
JBHT	C	-0.38%
TSN	B	-0.38%
CSCO	B	-0.38%
NWSA	B	-0.38%
PKG	A	-0.38%
RGA	A	-0.37%
KIM	A	-0.37%
DRI	B	-0.36%
CSX	B	-0.36%
PRU	A	-0.36%
WEC	A	-0.35%
SSNC	B	-0.35%
CMS	C	-0.34%
FNF	B	-0.34%
NVR	D	-0.33%
DOC	D	-0.33%
PPG	F	-0.33%
HSY	F	-0.33%
JNJ	D	-0.33%
EIX	B	-0.33%
ARE	D	-0.32%
FE	C	-0.32%
GIS	D	-0.31%
GPC	D	-0.31%
MOH	F	-0.31%
KDP	D	-0.31%
HUM	C	-0.31%
WLK	D	-0.3%
ELV	F	-0.27%
PYPL	B	-0.19%
CMI	A	-0.19%
ODFL	B	-0.19%
ACN	C	-0.18%
LHX	C	-0.18%
WRB	A	-0.18%
APD	A	-0.18%
LH	C	-0.18%
IEX	B	-0.18%
GD	F	-0.17%
NDSN	B	-0.17%
CTVA	C	-0.17%
MAA	B	-0.17%
PFG	D	-0.17%
OMC	C	-0.17%
CLX	B	-0.17%
SBUX	A	-0.17%
CPB	D	-0.16%
WY	D	-0.16%
EXPD	D	-0.16%
LMT	D	-0.16%
DD	D	-0.16%
MAS	D	-0.16%
MDT	D	-0.16%
NKE	D	-0.15%
MDLZ	F	-0.15%
CAG	D	-0.14%