PY vs. FDL ETF Comparison

Comparison of Principal Shareholder Yield Index ETF (PY) to First Trust Morningstar ETF (FDL)

PY

Principal Shareholder Yield Index ETF

PY Description

The Principal Shareholder Yield Index ETF tracks an index of dividend-paying large- and midcap US stocks that are selected by several fundamental factors, including dividend yield and buyback yield. Holdings are equally weighted within two tiers.

Grade (RS Rating)

Last Trade

$49.37

Average Daily Volume

4,052

Number of Holdings ^*

112

* 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

$41.79

Average Daily Volume

466,565

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PY	FDL
30 Days	3.70%	3.51%
60 Days	4.60%	4.99%
90 Days	8.27%	11.45%
12 Months	25.87%	26.47%

17 Overlapping Holdings

Symbol	Grade	Weight in PY	Weight in FDL	Overlap
BBY	C	0.76%	0.56%	0.56%
BEN	F	0.42%	0.21%	0.21%
CAG	C	0.62%	0.49%	0.49%
CFG	C	0.79%	0.57%	0.57%
CMA	B	0.65%	0.29%	0.29%
CVS	D	0.62%	2.13%	0.62%
CVX	D	1.08%	7.23%	1.08%
FITB	B	0.94%	0.72%	0.72%
KEY	B	0.84%	0.6%	0.6%
MO	C	0.93%	5.15%	0.93%
PFE	C	0.86%	6.69%	0.86%
PNC	B	0.96%	1.91%	0.96%
RF	B	0.66%	0.69%	0.66%
STT	A	0.71%	0.63%	0.63%
TFC	C	0.9%	2.09%	0.9%
UPS	D	0.65%	2.98%	0.65%
ZION	D	0.7%	0.17%	0.17%

PY Overweight 95 Positions Relative to FDL

Symbol	Grade	Weight
AAPL	C	4.42%
MSFT	C	3.94%
AVGO	C	2.76%
XOM	C	1.76%
HD	B	1.55%
BAC	D	1.34%
QCOM	D	1.26%
LIN	B	1.24%
ACN	C	1.18%
ALL	B	1.12%
ABT	C	1.12%
CB	B	1.12%
CAT	B	1.11%
TXN	C	1.11%
ICE	C	1.04%
PHM	B	1.03%
LMT	C	1.02%
LOW	B	1.01%
FIS	B	1.0%
BK	B	1.0%
PH	B	1.0%
HIG	B	1.0%
UNP	C	0.99%
ADI	C	0.97%
MMC	C	0.97%
TRV	C	0.95%
SPG	B	0.93%
RSG	D	0.92%
ADP	B	0.92%
PLD	C	0.9%
CMCSA	D	0.88%
NDAQ	A	0.88%
EXR	B	0.87%
WMB	B	0.86%
PKG	B	0.85%
AMP	A	0.84%
AIG	D	0.83%
NSC	C	0.82%
SYF	C	0.82%
MAS	B	0.82%
GLW	C	0.82%
JCI	B	0.81%
DFS	B	0.81%
MET	B	0.81%
CSX	D	0.8%
SW	B	0.8%
LHX	C	0.8%
FDX	C	0.79%
ESS	B	0.79%
MPC	F	0.79%
MTB	B	0.78%
CINF	B	0.78%
PCAR	D	0.77%
PSX	F	0.77%
KR	C	0.75%
ALLE	B	0.75%
AVY	C	0.73%
PAYX	C	0.73%
TPR	C	0.72%
MAA	B	0.72%
VICI	C	0.72%
CTSH	C	0.72%
KIM	C	0.71%
UDR	C	0.71%
BMY	C	0.7%
DGX	B	0.7%
NTRS	A	0.68%
FOXA	B	0.68%
VLO	F	0.68%
GIS	B	0.68%
STLD	F	0.67%
AOS	D	0.67%
HPQ	D	0.65%
INVH	C	0.65%
FOX	B	0.65%
HST	C	0.64%
EXPD	C	0.64%
DRI	B	0.63%
SNA	C	0.63%
CHRW	B	0.63%
MCHP	F	0.63%
ARE	C	0.62%
CF	C	0.6%
SWKS	D	0.59%
HSY	C	0.58%
POOL	C	0.57%
GPC	D	0.54%
DVN	F	0.52%
RHI	D	0.49%
ADM	D	0.48%
EQT	D	0.47%
XRAY	D	0.39%
AMZN	C	0.37%
MOS	F	0.37%
APA	F	0.32%

PY Underweight 82 Positions Relative to FDL

Symbol	Grade	Weight
ABBV	C	-8.52%
VZ	B	-8.22%
PM	C	-6.53%
IBM	B	-5.12%
GILD	B	-3.31%
DUK	C	-2.41%
USB	B	-2.27%
OKE	B	-1.73%
KMI	B	-1.59%
AEP	C	-1.44%
F	F	-1.38%
PRU	C	-1.26%
DOW	D	-1.17%
KMB	D	-1.16%
EXC	C	-1.16%
KHC	C	-1.02%
XEL	B	-0.94%
EIX	C	-0.92%
WEC	C	-0.84%
LYB	D	-0.84%
FANG	D	-0.79%
ES	C	-0.76%
ETR	B	-0.73%
HBAN	B	-0.68%
FE	C	-0.66%
TROW	D	-0.65%
AEE	C	-0.57%
K	B	-0.54%
CLX	C	-0.5%
EVRG	B	-0.45%
FNF	B	-0.4%
LNT	B	-0.39%
SWK	B	-0.37%
IPG	C	-0.34%
SJM	C	-0.32%
PNW	C	-0.31%
OMF	D	-0.29%
CNH	D	-0.28%
HAS	B	-0.28%
OGE	C	-0.25%
WHR	D	-0.25%
COLB	B	-0.24%
UGI	C	-0.22%
MTN	D	-0.22%
FHN	D	-0.22%
FMC	C	-0.21%
WU	F	-0.2%
LNC	D	-0.19%
FAF	B	-0.18%
SNV	C	-0.17%
JHG	B	-0.15%
NXST	D	-0.15%
UBSI	B	-0.15%
VLY	C	-0.15%
POR	C	-0.14%
SR	B	-0.13%
FIBK	B	-0.13%
BKH	B	-0.13%
OZK	D	-0.12%
NJR	B	-0.12%
FLO	C	-0.12%
OGS	B	-0.11%
AVA	C	-0.11%
ALE	B	-0.11%
NWE	B	-0.11%
WEN	C	-0.11%
APAM	C	-0.11%
PRGO	D	-0.1%
FHB	D	-0.1%
PNM	B	-0.1%
TNL	D	-0.09%
ASB	D	-0.09%
MAN	C	-0.09%
MSM	D	-0.09%
LCII	C	-0.08%
CRI	D	-0.08%
AGR	B	-0.08%
CC	F	-0.07%
CATY	C	-0.07%
FHI	A	-0.07%
SMG	C	-0.07%
GEF	D	-0.01%