PFFL vs. DALI ETF Comparison

Comparison of ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN due September 25, 2048 (PFFL) to First Trust DorseyWright DALI 1 ETF (DALI)
PFFL

ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN due September 25, 2048

PFFL Description

The investment seeks to provide two times leveraged long exposure to the compounded monthly performance of the Solactive Preferred Stock ETF Index (the “index”). The index is designed to track the price movements of an equally weighted portfolio of two exchange-traded funds (“ETFs”) that hold preferred securities of various issuers. The Securities are two times leveraged with respect to the index and, as a result, will benefit from two times any beneficial, but will be exposed to two times any adverse, compounded monthly performance of the index.

Grade (RS Rating)

Last Trade

$10.73

Average Daily Volume

4,534

Number of Holdings *

2

* may have additional holdings in another (foreign) market
DALI

First Trust DorseyWright DALI 1 ETF

DALI Description The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Nasdaq Dorsey Wright DALI 1 Index. Under normal conditions, the fund will invest at least 90% of its net assets (including investment borrowings) in the equity securities that comprise the index. The index has been designed based upon the principle that the asset class exhibiting the highest levels of "relative strength," based on current prices, will be the asset class with the best performance over the near term. It is non-diversified.

Grade (RS Rating)

Last Trade

$24.95

Average Daily Volume

7,877

Number of Holdings *

4

* may have additional holdings in another (foreign) market
Performance
Period PFFL DALI
30 Days 6.89% 1.39%
60 Days 12.35% 9.78%
90 Days 13.08% 3.07%
12 Months 39.69% 4.18%
0 Overlapping Holdings
Symbol Grade Weight in PFFL Weight in DALI Overlap
PFFL Overweight 2 Positions Relative to DALI
Symbol Grade Weight
PFF A 50.23%
PGX B 49.77%
PFFL Underweight 4 Positions Relative to DALI
Symbol Grade Weight
FTC A -17.96%
FYC C -17.54%
FTXL C -13.55%
FXD C -12.16%
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