RNDV vs. FDLO ETF Comparison

Comparison of First Trust US Equity Dividend Select ETF (RNDV) to Fidelity Low Volatility Factor ETF (FDLO)

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

$33.71

Average Daily Volume

2,657

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FDLO

Fidelity Low Volatility Factor ETF

FDLO Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Low Volatility Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Low Volatility Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with lower volatility than the broader market.

Grade (RS Rating)

Last Trade

$61.01

Average Daily Volume

91,159

Number of Holdings ^*

125

* may have additional holdings in another (foreign) market

Performance

Period	RNDV	FDLO
30 Days	2.67%	2.08%
60 Days	4.09%	4.15%
90 Days	5.23%	6.27%
12 Months	20.46%	22.02%

39 Overlapping Holdings

Symbol	Grade	Weight in RNDV	Weight in FDLO	Overlap
ABBV	C	1.35%	1.18%	1.18%
ABT	C	0.76%	0.93%	0.76%
ACN	C	2.28%	1.61%	1.61%
ADP	B	0.54%	0.62%	0.54%
AEP	B	0.36%	0.3%	0.3%
AMCR	C	0.66%	0.16%	0.16%
APD	B	0.34%	0.24%	0.24%
BDX	F	0.53%	0.63%	0.53%
CMCSA	D	1.72%	0.87%	0.87%
CME	C	0.74%	0.69%	0.69%
CTRA	F	0.54%	0.18%	0.18%
CVX	D	0.72%	0.6%	0.6%
DLR	B	0.28%	0.24%	0.24%
EOG	D	0.53%	0.28%	0.28%
FAST	C	0.52%	0.47%	0.47%
GIS	B	0.74%	0.33%	0.33%
GRMN	D	0.71%	0.46%	0.46%
HD	B	1.03%	1.1%	1.03%
IBM	B	4.36%	1.6%	1.6%
ITW	B	0.5%	0.52%	0.5%
JNJ	B	1.2%	1.28%	1.2%
KMB	D	0.63%	0.33%	0.33%
LHX	D	0.41%	0.46%	0.41%
LMT	C	0.61%	0.63%	0.61%
LOW	B	0.83%	0.66%	0.66%
MAA	B	0.4%	0.19%	0.19%
MCD	C	1.12%	0.81%	0.81%
MRK	D	0.75%	1.07%	0.75%
MSFT	C	0.81%	7.19%	0.81%
NKE	D	0.8%	0.58%	0.58%
O	B	0.56%	0.25%	0.25%
PAYX	C	0.74%	0.48%	0.48%
PM	C	1.0%	0.62%	0.62%
TRV	B	0.68%	0.63%	0.63%
TXN	C	3.46%	1.52%	1.52%
UNH	C	0.58%	1.57%	0.58%
UNP	B	0.5%	0.68%	0.5%
VZ	B	3.75%	1.0%	1.0%
XOM	D	0.62%	1.1%	0.62%

RNDV Overweight 57 Positions Relative to FDLO

Symbol	Grade	Weight
GLW	B	3.48%
HPQ	D	3.46%
HPE	D	2.53%
IPG	C	2.52%
MCHP	D	2.18%
BMY	C	2.1%
HAS	B	2.02%
TEL	D	2.01%
ADI	D	1.98%
QCOM	D	1.93%
BBY	B	1.82%
OMC	A	1.81%
CVS	D	1.45%
BEN	F	1.36%
MDT	C	1.34%
PRU	C	1.18%
TROW	D	1.12%
GPC	D	1.07%
NTRS	B	1.05%
OKE	B	1.05%
MTB	B	1.0%
UPS	D	0.98%
PFG	B	0.98%
KVUE	B	0.96%
SWK	B	0.93%
CAG	B	0.93%
K	A	0.93%
CINF	B	0.9%
MET	A	0.89%
KLAC	D	0.83%
APH	D	0.8%
CAH	C	0.8%
BLK	A	0.79%
DGX	B	0.77%
AFL	B	0.74%
HRL	C	0.65%
TSN	C	0.63%
CHRW	B	0.63%
POOL	C	0.61%
NSC	C	0.6%
EG	B	0.6%
CI	C	0.59%
SNA	B	0.59%
LEN	B	0.53%
CMI	C	0.52%
FMC	C	0.51%
ES	C	0.44%
EVRG	A	0.42%
EMN	B	0.4%
FRT	C	0.4%
PNW	B	0.4%
EIX	C	0.39%
ETR	A	0.37%
EMR	D	0.34%
CF	B	0.34%
ESS	B	0.33%
AVB	B	0.31%

RNDV Underweight 86 Positions Relative to FDLO

Symbol	Grade	Weight
AAPL	D	-7.33%
GOOGL	D	-3.68%
AMZN	C	-3.64%
BRK.A	C	-2.09%
LLY	C	-1.98%
ORCL	B	-1.76%
JPM	D	-1.63%
CSCO	B	-1.54%
V	B	-1.38%
MSI	C	-1.36%
MA	B	-1.28%
ROP	C	-1.24%
TYL	C	-1.19%
AKAM	D	-1.16%
DOX	C	-1.12%
VRSN	D	-1.11%
PG	C	-1.03%
T	B	-0.96%
TMO	C	-0.96%
WMT	B	-0.91%
TMUS	C	-0.84%
PGR	A	-0.84%
AMGN	B	-0.84%
KO	B	-0.77%
REGN	C	-0.76%
CB	B	-0.73%
MMC	C	-0.71%
SBUX	C	-0.71%
VRTX	D	-0.71%
PEP	C	-0.7%
EA	D	-0.65%
TJX	C	-0.65%
HON	D	-0.64%
AJG	C	-0.62%
ETN	C	-0.61%
CBOE	C	-0.59%
ERIE	A	-0.57%
LIN	B	-0.56%
FDS	C	-0.55%
NOC	B	-0.54%
AIZ	B	-0.54%
WM	D	-0.53%
WRB	C	-0.53%
JKHY	B	-0.52%
GD	B	-0.52%
ORLY	B	-0.5%
RSG	D	-0.48%
AZO	D	-0.48%
TSCO	C	-0.47%
OTIS	D	-0.45%
MDLZ	B	-0.44%
BAH	B	-0.44%
J	D	-0.41%
CL	C	-0.41%
SO	B	-0.39%
HII	C	-0.39%
FCN	C	-0.39%
COP	D	-0.38%
DUK	C	-0.37%
AMT	C	-0.36%
SHW	B	-0.3%
EQIX	B	-0.3%
XEL	A	-0.28%
HSY	C	-0.28%
WEC	B	-0.27%
PSA	B	-0.27%
WMB	B	-0.27%
ED	C	-0.27%
ECL	B	-0.25%
LNG	D	-0.24%
KMI	A	-0.24%
CCI	B	-0.24%
CMS	A	-0.24%
AEE	B	-0.24%
CTVA	B	-0.21%
EQR	B	-0.2%
CSGP	D	-0.2%
PKG	B	-0.17%
VMC	D	-0.17%
ELS	C	-0.17%
AMH	C	-0.17%
MLM	D	-0.17%
DTM	B	-0.17%
ADC	C	-0.16%
AVY	D	-0.16%
ATR	B	-0.15%