RISN vs. FCTR ETF Comparison

Comparison of Inspire Tactical Balanced ESG ETF (RISN) to First Trust Lunt U.S. Factor Rotation ETF (FCTR)

RISN

Inspire Tactical Balanced ESG ETF

RISN Description

The investment seeks to provide capital appreciation with lower volatility than the U.S. large cap stock market over the long term. The fund, an actively managed ETF, uses a proprietary system of technical analysis to tactically allocate assets into U.S. large cap stocks when the strategy identifies an uptrend in the U.S. large cap stock market, and shifts into U.S. Treasury bonds via third-party ETFs, investment grade and high-yield corporate bonds, government agency bonds, and listed gold exchange-traded products and exchange-traded notes such as SPDR Gold Shares (GLD) when the strategy identifies a downtrend in the U.S. large cap stock market.

Grade (RS Rating)

Last Trade

$27.81

Average Daily Volume

8,079

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FCTR

First Trust Lunt U.S. Factor Rotation ETF

FCTR 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 Lunt Capital Large Cap Factor Rotation Index (the "index"). The fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the index. The index is designed to provide exposure to U.S. large cap equities grouped into four separate factors, with factors emphasized within the index as they come into favor in the U.S. marketplace. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.42

Average Daily Volume

7,859

Number of Holdings ^*

165

* may have additional holdings in another (foreign) market

Performance

Period	RISN	FCTR
30 Days	3.18%	7.61%
60 Days	3.50%	11.72%
90 Days	3.96%	16.63%
12 Months	18.52%	35.54%

15 Overlapping Holdings

Symbol	Grade	Weight in RISN	Weight in FCTR	Overlap
AME	A	1.2%	0.23%	0.23%
BRO	B	1.07%	0.97%	0.97%
CSL	C	0.97%	0.35%	0.35%
EME	A	1.15%	0.77%	0.77%
FAST	B	1.1%	0.53%	0.53%
FCNCA	A	0.93%	0.3%	0.3%
IDXX	F	0.97%	0.32%	0.32%
LECO	C	1.1%	0.18%	0.18%
MNST	C	1.09%	0.2%	0.2%
MSCI	C	1.04%	0.5%	0.5%
NVR	D	1.32%	0.36%	0.36%
PCAR	B	1.11%	0.2%	0.2%
PSA	C	1.0%	0.33%	0.33%
ROL	B	1.06%	0.93%	0.93%
ROP	B	1.05%	0.43%	0.43%

RISN Overweight 60 Positions Relative to FCTR

Symbol	Grade	Weight
USFR	A	19.16%
EPAM	B	1.3%
CIVB	B	1.28%
AX	B	1.23%
MKL	A	1.23%
LAD	A	1.23%
G	B	1.22%
WST	C	1.21%
COLB	B	1.17%
PFC	B	1.17%
CFR	B	1.16%
DAR	C	1.15%
ODFL	C	1.15%
TXRH	B	1.14%
SNA	A	1.13%
CSX	C	1.12%
EOG	A	1.11%
ACIW	B	1.11%
NFBK	C	1.11%
ALG	B	1.11%
CPRT	B	1.11%
JBHT	C	1.11%
MLM	C	1.1%
MVBF	C	1.1%
MOH	F	1.1%
NTES	D	1.1%
BOTJ	B	1.09%
NECB	C	1.09%
OFLX	D	1.09%
GGG	B	1.08%
PBHC	B	1.08%
IBN	C	1.07%
PAG	B	1.07%
NICE	D	1.07%
MAA	B	1.06%
MED	D	1.06%
GNTX	C	1.06%
COKE	C	1.05%
UDR	B	1.05%
LSTR	D	1.05%
EXPD	C	1.04%
POOL	C	1.03%
ON	D	1.01%
MIDD	C	1.01%
RMD	C	1.0%
LFUS	D	1.0%
CSGP	D	1.0%
EW	C	1.0%
CACI	D	0.99%
CNI	F	0.99%
GIII	D	0.98%
EGP	D	0.98%
ASR	D	0.98%
CHE	D	0.97%
KRC	B	0.96%
TSM	B	0.95%
MKTX	D	0.95%
ELV	F	0.93%
SWKS	F	0.89%
CRI	F	0.83%

RISN Underweight 150 Positions Relative to FCTR

Symbol	Grade	Weight
APP	B	-3.4%
PLTR	B	-2.35%
MSI	B	-1.75%
VST	A	-1.72%
MSTR	B	-1.55%
FICO	B	-1.54%
PAYX	B	-1.49%
AXON	A	-1.42%
MA	B	-1.41%
BR	A	-1.39%
SYK	B	-1.37%
V	A	-1.36%
ANET	C	-1.29%
ADP	A	-1.13%
CTAS	B	-1.08%
TDG	D	-1.04%
APO	B	-1.04%
ARES	A	-1.03%
LDOS	C	-0.99%
CL	D	-0.98%
YUM	D	-0.96%
VRSK	A	-0.94%
FDS	B	-0.92%
ISRG	A	-0.91%
FI	A	-0.91%
THC	D	-0.88%
VRSN	C	-0.88%
ITW	B	-0.86%
ACGL	C	-0.84%
HOOD	B	-0.84%
TT	A	-0.82%
SYY	D	-0.81%
LLY	F	-0.79%
ICE	C	-0.78%
NVDA	B	-0.78%
HWM	A	-0.76%
TPL	A	-0.73%
MANH	D	-0.73%
TRGP	A	-0.7%
KKR	A	-0.68%
CRWD	B	-0.66%
MCD	D	-0.66%
AAPL	C	-0.65%
PH	A	-0.63%
TTD	B	-0.62%
VICI	C	-0.61%
TJX	A	-0.6%
IRM	C	-0.6%
RCL	A	-0.57%
HUBS	A	-0.56%
NET	B	-0.55%
MMC	B	-0.55%
ZS	B	-0.55%
NI	A	-0.54%
SBAC	D	-0.54%
TOL	B	-0.53%
CDNS	B	-0.53%
RBLX	C	-0.52%
KO	D	-0.52%
NOW	A	-0.52%
PANW	B	-0.51%
PG	C	-0.51%
DDOG	A	-0.51%
ORCL	A	-0.51%
PPL	A	-0.5%
PGR	A	-0.5%
TTWO	A	-0.5%
ETR	B	-0.5%
LNG	A	-0.5%
DRI	B	-0.5%
DUK	C	-0.49%
SNOW	B	-0.49%
SRE	A	-0.49%
FE	C	-0.49%
LNT	A	-0.48%
ROST	D	-0.48%
LMT	D	-0.48%
DASH	B	-0.48%
ALNY	D	-0.47%
AVGO	D	-0.47%
BSX	A	-0.47%
WEC	A	-0.47%
META	D	-0.47%
SPGI	C	-0.47%
DPZ	C	-0.46%
CMS	C	-0.46%
SNPS	B	-0.45%
ORLY	B	-0.45%
AEE	A	-0.45%
NOC	D	-0.44%
KDP	F	-0.44%
NFLX	A	-0.44%
SO	C	-0.44%
ERIE	D	-0.44%
AVB	B	-0.43%
URI	C	-0.43%
EIX	B	-0.42%
ADSK	A	-0.42%
ED	C	-0.42%
PHM	D	-0.42%
BDX	F	-0.41%
MDT	D	-0.41%
AFL	B	-0.41%
O	C	-0.41%
PPG	F	-0.41%
MDB	B	-0.41%
GLPI	C	-0.41%
BSY	F	-0.4%
EQR	C	-0.4%
MCO	B	-0.4%
DTE	C	-0.4%
INTU	B	-0.4%
VRTX	D	-0.4%
ADBE	C	-0.39%
LW	C	-0.39%
AEP	C	-0.39%
EXC	C	-0.39%
DXCM	C	-0.39%
CARR	C	-0.38%
KMB	C	-0.38%
LII	A	-0.37%
AWK	C	-0.37%
MSFT	D	-0.37%
GIS	D	-0.36%
MPWR	F	-0.36%
PWR	A	-0.36%
OKE	A	-0.35%
BX	A	-0.35%
HCA	F	-0.35%
DHI	F	-0.34%
RIVN	F	-0.34%
KLAC	F	-0.34%
COST	A	-0.34%
AMT	C	-0.33%
BKNG	A	-0.3%
ETN	A	-0.3%
GWW	B	-0.29%
ATO	A	-0.27%
CPAY	A	-0.26%
HON	C	-0.25%
CSCO	B	-0.25%
CB	C	-0.24%
RSG	A	-0.24%
BRK.A	B	-0.24%
WM	B	-0.23%
CHD	A	-0.22%
CMG	B	-0.22%
MDLZ	F	-0.2%
PEP	F	-0.2%
HSY	F	-0.19%