SHRY vs. RULE ETF Comparison

Comparison of First Trust Bloomberg Shareholder Yield ETF (SHRY) to Adaptive Core ETF (RULE)

SHRY

First Trust Bloomberg Shareholder Yield ETF

SHRY Description

The fund will normally invest at least 90% of its net assets in the securities that comprise the index. The index is designed to select dividend-paying securities issued by large capitalization U.S. companies.

Grade (RS Rating)

Last Trade

$40.68

Average Daily Volume

757

Number of Holdings ^*

* may have additional holdings in another (foreign) market

RULE

Adaptive Core ETF

RULE Description

Adaptive Core ETF seeks current income. The fund invests in individual equity securities without regard to market capitalization and ETFs that invest in equity securities of any market capitalization including convertible equity securities and fixed income ETFs. The fund’s portfolio may hold securities from issuers of any market capitalization, credit quality, maturity, or country. Fixed income securities may include securities with credit quality below investment grade (commonly referred to as “junk bond” credit quality).

Grade (RS Rating)

Last Trade

$21.75

Average Daily Volume

6,170

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SHRY	RULE
30 Days	-1.30%	0.14%
60 Days	-0.78%	-1.13%
90 Days	3.95%	3.97%
12 Months		19.48%

3 Overlapping Holdings

Symbol	Grade	Weight in SHRY	Weight in RULE	Overlap
ADBE	F	0.97%	1.93%	0.97%
CAH	B	3.59%	2.88%	2.88%
PAYX	B	1.6%	2.24%	1.6%

SHRY Overweight 45 Positions Relative to RULE

Symbol	Grade	Weight
MO	A	4.93%
PFG	C	4.93%
AMP	B	4.77%
CHTR	B	3.41%
EOG	D	3.31%
LYB	F	3.22%
HPQ	B	3.2%
KMI	B	2.84%
HIG	D	2.81%
LMT	D	2.66%
NVR	D	2.61%
GIS	D	2.57%
JNJ	D	2.54%
AFL	D	2.53%
MCK	C	2.51%
MET	C	2.36%
CME	B	2.32%
CMCSA	A	1.93%
MDT	B	1.92%
KMB	D	1.88%
SLB	F	1.87%
PG	D	1.75%
MRK	F	1.75%
V	A	1.67%
CL	F	1.61%
UNP	D	1.56%
AAPL	C	1.51%
TRV	B	1.51%
ADP	A	1.49%
ABT	A	1.47%
ORLY	C	1.39%
QCOM	D	1.36%
MA	B	1.19%
SHW	D	1.19%
GOOGL	A	1.15%
MCD	C	1.15%
ETN	B	1.06%
CB	C	1.04%
BX	B	1.04%
AMAT	F	0.83%
ORCL	B	0.8%
ACN	C	0.74%
KLAC	F	0.63%
MSFT	D	0.42%
BRK.A	D	0.39%

SHRY Underweight 33 Positions Relative to RULE

Symbol	Grade	Weight
BIL	A	-4.41%
JPST	B	-4.39%
VEEV	B	-3.43%
NOW	A	-3.4%
ISRG	B	-3.35%
CRM	A	-3.3%
APO	B	-3.11%
EQIX	B	-3.1%
XLG	B	-3.09%
SPHQ	C	-3.09%
FCNCA	C	-3.08%
ZS	C	-2.97%
IWF	B	-2.94%
AON	A	-2.93%
SPGI	D	-2.92%
CPAY	B	-2.89%
BK	B	-2.88%
IRM	B	-2.78%
HD	B	-2.73%
RMD	A	-2.72%
INTU	D	-2.7%
PGR	D	-2.69%
VRSK	B	-2.62%
URI	B	-2.62%
NFLX	A	-2.55%
IBM	C	-2.54%
WMT	A	-2.48%
REGN	F	-2.48%
FTNT	B	-2.41%
GPN	D	-2.22%
VRT	B	-2.22%
ARES	B	-1.91%
BLDR	F	-0.0%