RNDV vs. ACWV ETF Comparison

Comparison of First Trust US Equity Dividend Select ETF (RNDV) to iShares MSCI All Country World Minimum Volatility Index Fund (ACWV)

RNDV

First Trust US Equity Dividend Select ETF

RNDV Description

The US Equity Dividend Select ETF (the "Fund") seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the Nasdaq Riskalyze US Equity Dividend Select 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 Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund's investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. The Index is owned and is developed, maintained and sponsored by Riskalyze, Inc. (the "Index Provider").

Grade (RS Rating)

Last Trade

$34.72

Average Daily Volume

7,095

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ACWV

iShares MSCI All Country World Minimum Volatility Index Fund

ACWV Description

The investment seeks to track the investment results of an index composed of developed and emerging market equities that, in the aggregate, have lower volatility characteristics relative to the broader developed and emerging equity markets. The fund generally invests at least 90% of its assets in securities of the underlying index or in depositary receipts representing securities in the underlying index. It seeks to track the underlying index, which has been developed by MSCI Inc. ("MSCI") to measure the combined performance of equity securities in both emerging and developed markets that in aggregate have lower volatility. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$113.81

Average Daily Volume

116,808

Number of Holdings ^*

139

* may have additional holdings in another (foreign) market

Performance

Period	RNDV	ACWV
30 Days	0.09%	0.32%
60 Days	2.01%	-0.25%
90 Days	4.31%	1.23%
12 Months	25.40%	18.77%

31 Overlapping Holdings

Symbol	Grade	Weight in RNDV	Weight in ACWV	Overlap
ABBV	D	1.02%	0.49%	0.49%
ABT	B	0.72%	0.1%	0.1%
ACN	C	2.01%	0.26%	0.26%
AEP	D	0.37%	0.07%	0.07%
APH	A	1.26%	0.54%	0.54%
BDX	F	0.55%	0.22%	0.22%
BMY	B	1.85%	0.25%	0.25%
CAG	D	0.8%	0.05%	0.05%
CAH	B	0.73%	0.18%	0.18%
CF	B	0.35%	0.25%	0.25%
CHRW	C	0.57%	0.06%	0.06%
CI	F	0.61%	0.24%	0.24%
CME	A	0.67%	0.23%	0.23%
DGX	A	0.74%	0.15%	0.15%
EG	C	0.64%	0.1%	0.1%
GIS	D	0.61%	0.61%	0.61%
GPC	D	1.42%	0.05%	0.05%
HRL	D	0.69%	0.23%	0.23%
IBM	C	3.57%	0.73%	0.73%
JNJ	D	1.08%	1.05%	1.05%
K	A	0.58%	0.57%	0.57%
KMB	D	0.7%	0.3%	0.3%
LMT	D	0.5%	0.23%	0.23%
MCD	D	1.01%	1.02%	1.01%
MRK	F	0.92%	1.06%	0.92%
MSFT	F	0.94%	0.76%	0.76%
TRV	B	0.6%	0.32%	0.32%
TSN	B	0.74%	0.32%	0.32%
UNH	C	0.56%	0.83%	0.56%
VZ	C	3.4%	0.76%	0.76%
XOM	B	0.58%	0.1%	0.1%

RNDV Overweight 64 Positions Relative to ACWV

Symbol	Grade	Weight
HPQ	B	3.91%
HPE	B	3.47%
TXN	C	3.28%
GLW	B	3.05%
QCOM	F	2.43%
MCHP	D	2.41%
BEN	C	2.16%
IPG	D	2.14%
ADI	D	1.81%
CMCSA	B	1.71%
HAS	D	1.63%
CVS	D	1.57%
TROW	B	1.57%
BBY	D	1.55%
OMC	C	1.48%
PRU	A	1.43%
UPS	C	1.15%
NTRS	A	1.15%
MDT	D	1.11%
MTB	A	1.09%
PFG	D	1.05%
HD	A	1.02%
GRMN	B	0.99%
PM	B	0.91%
OKE	A	0.9%
KLAC	D	0.86%
CVX	A	0.85%
MET	A	0.85%
CINF	A	0.85%
LOW	D	0.77%
BLK	C	0.75%
KVUE	A	0.75%
NKE	D	0.72%
PAYX	C	0.72%
SNA	A	0.69%
CTRA	B	0.68%
SWK	D	0.62%
CMI	A	0.6%
ITW	B	0.59%
FAST	B	0.58%
AMCR	D	0.58%
EOG	A	0.58%
AFL	B	0.58%
EMR	A	0.56%
POOL	C	0.55%
NSC	B	0.55%
UNP	C	0.54%
ADP	B	0.51%
EVRG	A	0.48%
O	D	0.48%
LHX	C	0.48%
LEN	D	0.46%
PNW	B	0.45%
FMC	D	0.45%
ES	D	0.43%
ETR	B	0.41%
MAA	B	0.4%
FRT	B	0.4%
EMN	D	0.4%
EIX	B	0.39%
ESS	B	0.36%
DLR	B	0.36%
APD	A	0.35%
AVB	B	0.32%

RNDV Underweight 108 Positions Relative to ACWV

Symbol	Grade	Weight
TMUS	B	-2.03%
MSI	B	-1.88%
WMT	A	-1.82%
CSCO	B	-1.57%
WM	A	-1.5%
MCK	B	-1.42%
ROP	B	-1.36%
RSG	A	-1.19%
VRTX	F	-1.13%
PEP	F	-1.08%
COR	B	-1.05%
BRK.A	B	-0.91%
CB	C	-0.88%
MMC	B	-0.88%
PGR	A	-0.84%
ED	D	-0.84%
KR	B	-0.83%
PG	A	-0.82%
DUK	C	-0.81%
SO	D	-0.8%
NOC	D	-0.77%
AZO	C	-0.77%
WEC	A	-0.68%
GDDY	A	-0.64%
EA	A	-0.63%
ORLY	B	-0.62%
REGN	F	-0.61%
V	A	-0.59%
ACGL	D	-0.57%
CBOE	B	-0.54%
ORCL	B	-0.54%
LLY	F	-0.52%
GILD	C	-0.48%
FI	A	-0.48%
CHD	B	-0.46%
HSY	F	-0.44%
MKL	A	-0.43%
ELV	F	-0.42%
WRB	A	-0.41%
KEYS	A	-0.41%
L	A	-0.4%
UTHR	C	-0.4%
WCN	A	-0.39%
INCY	C	-0.38%
CHT	D	-0.37%
TJX	A	-0.37%
BAH	F	-0.37%
KDP	D	-0.36%
FFIV	B	-0.36%
CL	D	-0.35%
VRSN	F	-0.35%
AON	A	-0.35%
AMGN	D	-0.34%
KHC	F	-0.33%
AJG	B	-0.33%
JNPR	F	-0.32%
NBIX	C	-0.31%
HUM	C	-0.31%
BRO	B	-0.3%
GEN	B	-0.3%
AKAM	D	-0.27%
SJM	D	-0.27%
T	A	-0.26%
ERIE	D	-0.26%
MDLZ	F	-0.25%
YUM	B	-0.24%
FCNCA	A	-0.23%
FWONK	B	-0.22%
PTC	A	-0.22%
CPB	D	-0.22%
CTSH	B	-0.21%
ROL	B	-0.21%
MFG	B	-0.21%
JKHY	D	-0.2%
MA	C	-0.19%
BMRN	D	-0.19%
DPZ	C	-0.19%
GD	F	-0.18%
LNG	B	-0.16%
ULTA	F	-0.16%
CMS	C	-0.16%
MPC	D	-0.15%
AIZ	A	-0.13%
WIT	A	-0.12%
CTVA	C	-0.12%
MOH	F	-0.12%
FICO	B	-0.12%
MNST	C	-0.12%
AZPN	A	-0.11%
TDY	B	-0.11%
AEE	A	-0.11%
XEL	A	-0.11%
WTW	B	-0.1%
WDAY	B	-0.1%
PCG	A	-0.1%
TPL	A	-0.1%
NEM	D	-0.09%
TRGP	B	-0.08%
IT	C	-0.07%
KNX	B	-0.06%
ANET	C	-0.06%
DINO	D	-0.06%
FANG	D	-0.06%
HOLX	D	-0.05%
ACI	C	-0.05%
KO	D	-0.05%
HSIC	B	-0.05%
HKD	F	-0.0%