RNSC vs. NBSM ETF Comparison

Comparison of First Trust Small Cap US Equity Select ETF (RNSC) to Neuberger Berman Small-Mid Cap ETF (NBSM)

RNSC

First Trust Small Cap US Equity Select ETF

RNSC Description

The Small Cap US Equity 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 Small Cap US Equity 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

$31.32

Average Daily Volume

2,919

Number of Holdings ^*

302

* may have additional holdings in another (foreign) market

NBSM

Neuberger Berman Small-Mid Cap ETF

NBSM Description

NBSM focuses on capital growth primarily through investments in small- and mid-cap firms. The fund seeks out undervalued companies with strong market positions and financial health, mainly in domestic markets with a minor proportion in foreign securities. Utilizing a bottom-up analysis, the fund manager identifies organizations they believe are valued below their intrinsic worth. Key considerations include historical returns, market niche, barriers to entry, and self-financing capabilities, emphasizing companies with established business operations over speculative growth prospects. NBSM aims to capitalize on market inefficiencies and manage risks through diversification and fundamental analysis. Furthermore, the manager also takes into account ESG factors into their decision making whenever applicable, aiming for a more comprehensive evaluation of potential investments. The fund may sell a security if it underperforms, reaches a set price or when better investment opportunities arise.

Grade (RS Rating)

Last Trade

$27.08

Average Daily Volume

10,617

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RNSC	NBSM
30 Days	4.10%	1.39%
60 Days	6.14%	5.99%
90 Days	7.70%	5.70%
12 Months	20.44%

1 Overlapping Holdings

	Symbol	Grade	Weight in RNSC	Weight in NBSM	Overlap
	CBU	B	0.22%	2.15%	0.22%

RNSC Overweight 301 Positions Relative to NBSM

Symbol	Grade	Weight
PINC	B	3.0%
LMAT	B	2.95%
USPH	C	2.91%
NHC	B	2.81%
CNMD	C	2.71%
PDCO	F	2.51%
CTS	C	1.29%
BHE	C	1.25%
CSGS	B	1.24%
PRGS	A	1.09%
CNXN	C	1.04%
SSTK	D	1.01%
VSH	F	0.99%
XRX	F	0.93%
YOU	D	0.9%
TDS	C	0.75%
IDCC	B	0.71%
CABO	B	0.62%
CCOI	C	0.57%
IRDM	B	0.53%
SHEN	F	0.49%
POWL	C	0.42%
WWW	B	0.4%
VAC	B	0.4%
USLM	B	0.38%
VSEC	B	0.38%
PRIM	B	0.37%
NWL	B	0.37%
CAKE	B	0.36%
GHC	B	0.36%
TNL	A	0.36%
OSW	B	0.36%
TGNA	B	0.36%
WGO	B	0.35%
SAH	B	0.35%
PRDO	B	0.35%
PHIN	B	0.35%
GBX	A	0.34%
WINA	B	0.34%
MCRI	A	0.33%
APOG	B	0.33%
STRA	C	0.33%
WEN	C	0.33%
WS	B	0.33%
DNUT	D	0.33%
ULH	B	0.32%
BKE	A	0.32%
BOWL	F	0.32%
WOR	F	0.32%
EPAC	B	0.32%
UPBD	B	0.32%
HEES	B	0.32%
HNI	B	0.32%
GVA	B	0.32%
KNTK	B	0.31%
PZZA	D	0.31%
LZB	B	0.31%
CRK	B	0.31%
PRG	B	0.31%
MLKN	D	0.31%
CRGY	A	0.31%
SCS	B	0.31%
MWA	B	0.31%
JBT	B	0.31%
JACK	C	0.31%
FL	F	0.3%
RRR	F	0.3%
CEIX	B	0.3%
LCII	D	0.3%
HI	C	0.3%
SXI	B	0.3%
B	A	0.3%
TGLS	B	0.3%
KMT	B	0.3%
PSMT	D	0.3%
CRAI	C	0.3%
HLIO	C	0.29%
TRN	B	0.29%
REVG	B	0.29%
HUBG	A	0.29%
GEF	B	0.29%
ABM	B	0.29%
SNDR	B	0.29%
NX	C	0.29%
CAL	D	0.29%
PBI	C	0.29%
ARCB	C	0.29%
ESE	B	0.29%
WTTR	B	0.29%
CLB	C	0.28%
EVTC	C	0.28%
AROC	B	0.28%
SHOO	D	0.28%
OXM	D	0.28%
WERN	B	0.28%
KALU	C	0.28%
ALG	B	0.28%
GES	F	0.27%
ICFI	C	0.27%
NPO	B	0.27%
IOSP	B	0.27%
LNN	B	0.27%
UNF	B	0.27%
CCS	F	0.27%
SCVL	D	0.27%
CMCO	C	0.27%
MRTN	C	0.27%
SLVM	C	0.27%
PTVE	C	0.27%
AZZ	B	0.27%
KSS	D	0.27%
LEG	F	0.27%
BTU	C	0.26%
BLMN	F	0.26%
GIC	F	0.26%
GFF	B	0.26%
MTX	B	0.26%
BRC	B	0.26%
MTRN	B	0.26%
CXT	F	0.26%
KFRC	C	0.26%
VSTS	D	0.25%
TNC	F	0.25%
KWR	C	0.25%
DAN	D	0.25%
CRI	D	0.25%
NSSC	F	0.25%
SCL	C	0.25%
CC	C	0.24%
DK	D	0.24%
CDRE	F	0.24%
LEVI	F	0.24%
HWKN	C	0.24%
PATK	C	0.24%
AESI	F	0.24%
OEC	D	0.24%
SXT	B	0.24%
AIN	C	0.24%
BGC	C	0.23%
BFH	B	0.23%
TRMK	B	0.23%
INDB	B	0.23%
BANR	B	0.23%
VCTR	C	0.23%
BOH	B	0.23%
ASB	B	0.23%
RES	F	0.23%
CVBF	B	0.23%
MCY	B	0.22%
FHB	B	0.22%
FRME	B	0.22%
BY	B	0.22%
INSW	F	0.22%
PFBC	B	0.22%
BANF	B	0.22%
PJT	B	0.22%
HMN	B	0.22%
CALM	B	0.22%
WSBC	B	0.22%
SASR	A	0.22%
STEP	B	0.22%
HY	F	0.22%
WKC	C	0.22%
FBK	B	0.22%
CATY	B	0.22%
CASH	B	0.22%
SYBT	B	0.22%
QCRH	B	0.22%
PPBI	B	0.21%
AGM	B	0.21%
CHCO	B	0.21%
NBTB	B	0.21%
TCBK	B	0.21%
FHI	A	0.21%
EBC	B	0.21%
LKFN	B	0.21%
VBTX	B	0.21%
VRTS	B	0.21%
MGEE	B	0.21%
FDP	B	0.21%
SFNC	B	0.21%
BHLB	B	0.21%
RNST	B	0.21%
FULT	B	0.21%
EFSC	B	0.21%
FFBC	B	0.21%
PRK	B	0.21%
VIRT	B	0.21%
PFS	B	0.21%
WABC	B	0.21%
PEBO	A	0.21%
GABC	A	0.21%
NBHC	B	0.21%
NIC	B	0.21%
TOWN	B	0.2%
CVI	F	0.2%
WMK	B	0.2%
WT	B	0.2%
FIBK	B	0.2%
WDFC	B	0.2%
HOPE	B	0.2%
BKU	A	0.2%
CNNE	C	0.2%
SRCE	B	0.2%
NWBI	B	0.2%
FCF	B	0.2%
EIG	A	0.2%
WSFS	B	0.2%
FBNC	B	0.2%
SBCF	B	0.2%
BANC	B	0.2%
APAM	B	0.2%
LADR	B	0.19%
ROIC	A	0.19%
MAC	B	0.19%
UE	B	0.19%
STBA	B	0.19%
CODI	B	0.19%
AWR	C	0.19%
BUSE	B	0.19%
KLG	F	0.19%
SAFT	B	0.19%
ENR	A	0.19%
MSEX	C	0.19%
WAFD	B	0.19%
STC	C	0.18%
XHR	B	0.18%
AAT	B	0.18%
UTZ	F	0.18%
AVA	C	0.18%
NAVI	D	0.18%
NNI	C	0.18%
SHO	D	0.18%
NXRT	B	0.18%
MMI	B	0.18%
KW	C	0.18%
DRH	C	0.18%
SPB	A	0.18%
PK	C	0.18%
EPC	F	0.18%
BXMT	D	0.18%
RLJ	C	0.18%
OFG	B	0.18%
CDP	C	0.18%
PGRE	C	0.18%
AKR	B	0.18%
ABR	B	0.18%
LTC	B	0.18%
APLE	B	0.18%
ARI	C	0.18%
UVV	B	0.18%
DEI	B	0.18%
LOB	B	0.18%
CMTG	F	0.18%
SKT	A	0.18%
FBRT	C	0.18%
TR	B	0.18%
HTH	B	0.18%
NWN	B	0.18%
FBP	B	0.18%
CPK	A	0.18%
JJSF	C	0.18%
IVT	B	0.18%
CWEN	D	0.17%
OUT	B	0.17%
ESRT	D	0.17%
HIW	D	0.17%
DEA	D	0.17%
UMH	C	0.17%
ELME	D	0.17%
PMT	D	0.17%
VRE	B	0.17%
NMRK	B	0.17%
GTY	C	0.17%
CWT	D	0.17%
IMKTA	B	0.17%
SJW	F	0.17%
NWE	C	0.17%
RC	D	0.17%
ANDE	D	0.17%
ALEX	B	0.17%
EXPI	C	0.17%
ALX	D	0.16%
BNL	D	0.16%
EPR	D	0.16%
PCH	F	0.16%
FCPT	C	0.16%
JBGS	F	0.16%
LXP	D	0.16%
NHI	D	0.16%
PEB	F	0.16%
NTST	F	0.16%
MBIN	D	0.16%
DBRG	F	0.15%
NSA	D	0.15%
JOE	F	0.15%
SEB	F	0.15%
GNL	F	0.15%
MPW	F	0.13%
IIPR	F	0.13%
MGPI	F	0.11%

RNSC Underweight 44 Positions Relative to NBSM

Symbol	Grade	Weight
FICO	B	-3.94%
EXP	B	-3.89%
KEX	A	-3.49%
WSO	B	-3.13%
VMI	B	-3.08%
ITT	A	-3.07%
RYAN	B	-3.04%
RBC	B	-2.91%
ATR	A	-2.9%
TTEK	F	-2.8%
HAE	B	-2.72%
TYL	B	-2.69%
CNX	B	-2.59%
CHE	D	-2.34%
TTC	F	-2.2%
RLI	A	-2.18%
MKSI	C	-2.18%
CR	B	-2.06%
LECO	C	-2.05%
LFUS	D	-2.04%
ENTG	F	-1.97%
GGG	B	-1.97%
NXST	C	-1.97%
LSCC	D	-1.9%
TDW	F	-1.89%
TXRH	A	-1.89%
TECH	D	-1.87%
CFR	B	-1.81%
TSCO	D	-1.64%
POWI	D	-1.64%
BSY	F	-1.61%
SPSC	F	-1.54%
PB	B	-1.5%
CHD	A	-1.44%
ROL	C	-1.41%
LNT	C	-1.39%
SSD	F	-1.38%
ICLR	F	-1.28%
BFAM	F	-1.23%
IBP	F	-1.18%
MANH	C	-1.16%
CNM	D	-1.07%
FND	F	-1.06%
AWI	B	-1.02%