RISN vs. FDM ETF Comparison

Comparison of Inspire Tactical Balanced ESG ETF (RISN) to First Trust DJ Select MicroCap ETF (FDM)

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

$26.56

Average Daily Volume

8,312

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FDM

First Trust DJ Select MicroCap ETF

FDM 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 Dow Jones Select MicroCap Index(SM) (the "index"). The fund will normally invest at least 80% of its net assets plus the amount of any borrowings for investment purposes in common stocks of U.S. micro-capitalization companies which are publicly traded in the United States. The index is comprised of selected U.S. micro-capitalization companies chosen from all common stocks traded on the NewYork Stock Exchange, the NYSE MKT and NASDAQ(R) with limited partnerships excluded.

Grade (RS Rating)

Last Trade

$62.76

Average Daily Volume

4,757

Number of Holdings ^*

130

* may have additional holdings in another (foreign) market

Performance

Period	RISN	FDM
30 Days	1.85%	3.93%
60 Days	3.19%	4.43%
90 Days	3.43%	5.81%
12 Months	17.30%	17.09%

1 Overlapping Holdings

	Symbol	Grade	Weight in RISN	Weight in FDM	Overlap
	NECB	C	1.17%	0.65%	0.65%

RISN Overweight 77 Positions Relative to FDM

Symbol	Grade	Weight
USFR	A	19.41%
NVR	C	1.42%
ACIW	B	1.25%
MKTX	B	1.23%
LAD	C	1.21%
G	B	1.19%
FCNCA	D	1.17%
GIII	C	1.17%
EME	A	1.17%
RMD	C	1.16%
COKE	D	1.16%
MSCI	B	1.15%
CACI	A	1.15%
PSA	C	1.14%
MOH	F	1.14%
BRO	A	1.14%
BOTJ	D	1.12%
KRC	C	1.1%
COLB	C	1.1%
NTES	C	1.1%
CSL	B	1.09%
POOL	D	1.09%
TSM	B	1.08%
MIDD	F	1.07%
SNA	C	1.07%
UDR	C	1.07%
MAA	D	1.06%
CRI	F	1.05%
COLM	D	1.05%
GGG	C	1.05%
FAST	C	1.04%
TXRH	B	1.04%
CHE	C	1.04%
MNST	D	1.03%
EOG	B	1.03%
CIVB	C	1.03%
PAG	D	1.02%
CPRT	B	1.02%
LFUS	C	1.01%
CSX	D	1.01%
JBHT	F	1.01%
TJX	D	1.01%
MED	F	1.01%
ROL	D	1.0%
IDXX	D	1.0%
CFR	B	1.0%
IBN	C	1.0%
CSGP	F	0.99%
EXPD	D	0.99%
AME	D	0.99%
DAR	F	0.99%
ODFL	F	0.98%
ROP	D	0.98%
RDY	D	0.98%
NFBK	D	0.97%
ALG	F	0.97%
ELV	F	0.96%
PCAR	C	0.96%
MKL	D	0.96%
LECO	D	0.95%
NICE	F	0.95%
PFC	D	0.95%
EPAM	F	0.95%
ON	F	0.95%
OFLX	D	0.95%
LSTR	C	0.95%
MLM	F	0.94%
EGP	D	0.94%
WST	F	0.93%
CNI	D	0.93%
ASR	D	0.92%
PBHC	B	0.92%
AX	D	0.88%
GNTX	F	0.88%
MVBF	F	0.84%
SWKS	F	0.83%
EW	D	0.74%

RISN Underweight 129 Positions Relative to FDM

Symbol	Grade	Weight
LEU	B	-1.56%
ASIX	C	-1.54%
VMEO	C	-1.52%
LMB	B	-1.45%
TPB	C	-1.42%
PTLO	C	-1.42%
SPTN	C	-1.42%
HAYN	B	-1.42%
CPF	C	-1.42%
BJRI	D	-1.4%
ASTE	F	-1.37%
ETD	C	-1.36%
GLDD	B	-1.33%
RGR	F	-1.33%
MLR	B	-1.3%
KELYA	D	-1.29%
IBCP	D	-1.27%
HCKT	D	-1.24%
PLOW	D	-1.21%
EGY	C	-1.12%
SWBI	F	-1.11%
IMXI	F	-1.08%
UVE	D	-1.07%
EZPW	D	-1.06%
WLDN	B	-1.01%
SMBC	B	-0.97%
NBN	C	-0.96%
DAKT	D	-0.96%
LQDT	D	-0.95%
ARKO	C	-0.95%
MCB	B	-0.94%
CCBG	D	-0.9%
FC	C	-0.86%
MPB	C	-0.86%
KE	F	-0.86%
NWPX	C	-0.85%
SNCY	F	-0.84%
ANET	A	-0.83%
DHIL	D	-0.82%
LXU	C	-0.8%
TIPT	D	-0.79%
SHBI	D	-0.79%
ESQ	C	-0.79%
CCRN	F	-0.79%
CSV	D	-0.79%
CCSI	D	-0.79%
LYTS	B	-0.78%
AROW	D	-0.77%
MOFG	D	-0.75%
FISI	D	-0.74%
RMR	B	-0.74%
WLFC	A	-0.74%
NRIM	C	-0.73%
CMPO	A	-0.73%
SD	D	-0.72%
PLPC	D	-0.72%
NPK	F	-0.72%
TRDA	B	-0.72%
CWCO	F	-0.71%
WRLD	F	-0.71%
EE	B	-0.71%
HVT	F	-0.69%
BSRR	D	-0.68%
KODK	F	-0.67%
GLRE	C	-0.67%
CENT	F	-0.66%
LINC	D	-0.66%
ODC	D	-0.66%
TTI	D	-0.65%
FMAO	C	-0.65%
USAP	B	-0.65%
ARTNA	F	-0.65%
ITIC	C	-0.64%
CRCT	C	-0.64%
HRTG	D	-0.64%
TCMD	C	-0.64%
LOCO	C	-0.61%
VPG	F	-0.59%
HNRG	C	-0.59%
RM	D	-0.58%
LEGH	D	-0.58%
DCGO	F	-0.57%
OPY	D	-0.57%
NEWT	B	-0.56%
MOV	F	-0.56%
NGVC	C	-0.55%
SIGA	F	-0.54%
SENEA	C	-0.54%
ACIC	F	-0.53%
INBK	D	-0.5%
AVNW	F	-0.48%
PKOH	C	-0.46%
REPX	B	-0.46%
RCKY	D	-0.45%
AMPY	C	-0.45%
MCFT	F	-0.45%
JRVR	F	-0.45%
MITT	C	-0.43%
LSEA	D	-0.42%
VLGEA	B	-0.39%
FSTR	C	-0.39%
TASK	F	-0.38%
EML	C	-0.36%
JILL	F	-0.35%
NGS	C	-0.35%
HBB	C	-0.34%
SGC	D	-0.34%
REI	F	-0.34%
ACTG	F	-0.33%
KRT	F	-0.33%
EARN	D	-0.33%
PWOD	A	-0.32%
NATR	F	-0.32%
FLXS	C	-0.3%
TAYD	F	-0.3%
FF	B	-0.28%
BBCP	F	-0.27%
TWIN	F	-0.26%
LAKE	F	-0.26%
ACU	C	-0.25%
VIRC	D	-0.25%
LWAY	B	-0.25%
BTMD	F	-0.24%
PEBK	F	-0.23%
FEIM	D	-0.19%
ESOA	C	-0.19%
INTT	F	-0.16%
CSPI	F	-0.15%
KEQU	F	-0.13%