SMLV vs. FTHI ETF Comparison

Comparison of SPDR Russell 2000 Low Volatility (SMLV) to First Trust High Income ETF (FTHI)

SMLV

SPDR Russell 2000 Low Volatility

SMLV Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of a small cap, low volatility index. The fund employs a sampling strategy, which means that the fund is not required to purchase all of the securities represented in the index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index includes small cap U.S. equity securities, including business development companies, and is designed to deliver exposure to low volatility. It is non-diversified.

Grade (RS Rating)

Last Trade

$120.76

Average Daily Volume

10,764

Number of Holdings ^*

403

* may have additional holdings in another (foreign) market

FTHI

First Trust High Income ETF

FTHI Description

The investment seeks current income; capital appreciation is a secondary objective. The fund will pursue its objectives by investing in large cap equity securities listed on U.S. exchanges and by utilizing an "option strategy" consisting of writing (selling) U.S. exchange-traded covered call options on the Standard & Poor's 500(c) Index (the "index"). The market value of the option strategy may be up to 20% of the fund's overall net asset value. The equity securities in which the fund will invest and the options which the fund will write will be limited to U.S. exchange-traded securities and options. It is non-diversified.

Grade (RS Rating)

Last Trade

$22.89

Average Daily Volume

197,318

Number of Holdings ^*

165

* may have additional holdings in another (foreign) market

Performance

Period	SMLV	FTHI
30 Days	-3.22%	1.40%
60 Days	1.23%	4.24%
90 Days	12.28%	1.71%
12 Months	27.65%	19.12%

10 Overlapping Holdings

Symbol	Grade	Weight in SMLV	Weight in FTHI	Overlap
CALM	A	0.14%	0.65%	0.14%
CVLT	C	0.14%	0.45%	0.14%
FLO	D	0.31%	0.23%	0.23%
IDA	D	0.25%	0.55%	0.25%
INSM	D	0.09%	0.47%	0.09%
LOPE	D	0.08%	0.27%	0.08%
MGEE	B	0.22%	0.29%	0.22%
NHI	C	0.14%	0.13%	0.13%
OGN	F	0.04%	0.22%	0.04%
SFNC	C	0.81%	0.13%	0.13%

SMLV Overweight 393 Positions Relative to FTHI

Symbol	Grade	Weight
NNI	C	1.76%
PJT	C	1.76%
THG	C	1.63%
CBU	D	1.53%
VIRT	B	1.47%
PRK	D	1.35%
ONB	D	1.33%
NBTB	D	1.32%
ESGR	D	1.23%
CHCO	D	1.22%
FFIN	D	1.17%
NWBI	D	1.15%
TOWN	D	1.11%
CNO	C	1.11%
GCMG	C	1.09%
NBHC	D	1.08%
HMN	C	1.05%
MGRC	D	1.04%
BUSE	D	1.02%
SYBT	D	1.02%
EFSC	D	1.02%
SASR	C	0.99%
IBOC	D	0.99%
FCF	D	0.99%
STBA	D	0.98%
WAFD	D	0.95%
FULT	D	0.93%
RDN	D	0.92%
TRMK	D	0.91%
WU	D	0.9%
WABC	F	0.9%
NIC	D	0.89%
GBCI	C	0.89%
HOMB	D	0.89%
QCRH	D	0.86%
EIG	C	0.86%
BLX	C	0.85%
SAFT	D	0.84%
AGM	F	0.81%
WSBC	D	0.8%
LKFN	F	0.78%
GABC	D	0.78%
SRCE	D	0.74%
PEBO	F	0.72%
EQC	D	0.71%
SBSI	D	0.68%
EVTC	C	0.68%
AMSF	B	0.66%
FBMS	D	0.65%
OBK	F	0.65%
BRKL	D	0.63%
PAX	F	0.62%
CTBI	D	0.61%
BFC	D	0.58%
FMBH	D	0.57%
UVSP	D	0.57%
BHRB	D	0.56%
TMP	C	0.54%
HFWA	D	0.53%
CFFN	F	0.52%
NFG	A	0.51%
FCBC	D	0.47%
TRST	D	0.44%
TRIN	C	0.44%
CAC	C	0.41%
FMNB	D	0.38%
MCBS	D	0.38%
HTBI	D	0.36%
GSBC	D	0.36%
CCNE	D	0.35%
THFF	D	0.35%
HONE	D	0.35%
AROW	D	0.34%
CCBG	D	0.33%
ESQ	C	0.32%
DHIL	C	0.32%
BHB	D	0.32%
NFBK	D	0.32%
MPB	C	0.31%
EBF	C	0.3%
SMBK	C	0.29%
ALRS	B	0.29%
KRNY	C	0.28%
SPFI	D	0.28%
HIFS	D	0.27%
AGX	A	0.27%
BSRR	D	0.27%
ORRF	C	0.26%
GLRE	D	0.26%
ACNB	C	0.25%
FBIZ	D	0.25%
FMAO	D	0.25%
OKLO	D	0.25%
NWE	B	0.25%
FSBC	D	0.24%
PNM	B	0.24%
NHC	D	0.23%
PFIS	D	0.23%
CPK	C	0.22%
HBCP	D	0.22%
PECO	C	0.22%
EBTC	C	0.22%
BKH	C	0.22%
ARTNA	F	0.22%
CZNC	F	0.21%
SLGN	C	0.21%
SR	C	0.21%
FSBW	D	0.21%
BWB	C	0.21%
SBR	C	0.2%
GNTY	D	0.2%
WTBA	D	0.2%
NWN	D	0.2%
CSWI	C	0.19%
FLIC	B	0.19%
SXT	C	0.18%
VLGEA	D	0.18%
FNLC	D	0.18%
WSBF	D	0.18%
DEA	D	0.18%
NPK	F	0.18%
FRST	D	0.18%
GTY	C	0.18%
TRC	D	0.17%
PSTL	D	0.17%
BRC	C	0.16%
CTO	D	0.16%
JJSF	C	0.16%
CBNK	D	0.16%
CMPO	C	0.16%
TRS	D	0.15%
FELE	C	0.15%
BNL	C	0.15%
HTLD	F	0.15%
LXP	D	0.15%
EXPO	A	0.15%
GPOR	B	0.15%
ICFI	C	0.15%
ARKO	C	0.15%
LTC	D	0.14%
GENC	D	0.14%
PLXS	B	0.14%
FCPT	C	0.14%
UNF	A	0.14%
WERN	D	0.14%
PBH	D	0.14%
CSR	D	0.14%
BMI	A	0.14%
SCL	D	0.13%
COLM	D	0.13%
ACA	C	0.13%
CTRE	C	0.13%
UFPT	D	0.13%
HWKN	C	0.13%
SNDR	C	0.13%
SMP	D	0.13%
KREF	C	0.13%
GOOD	A	0.13%
ADMA	C	0.13%
NTST	D	0.13%
UHT	C	0.13%
HSTM	B	0.13%
UTMD	F	0.13%
MRTN	F	0.12%
BHE	C	0.12%
HNI	C	0.12%
ESE	C	0.12%
ROAD	C	0.12%
JBSS	F	0.12%
MWA	A	0.12%
TGNA	C	0.12%
CSGS	C	0.12%
HIW	C	0.12%
FSS	D	0.12%
VMI	B	0.12%
PKE	F	0.12%
AFCG	D	0.12%
GEF	D	0.12%
BCAL	F	0.12%
GATX	F	0.12%
PRGS	B	0.12%
GHC	C	0.11%
DORM	D	0.11%
ICUI	B	0.11%
MLR	B	0.11%
ASH	F	0.11%
LNN	C	0.11%
PINC	F	0.11%
HCKT	D	0.11%
ADUS	D	0.11%
FTDR	C	0.11%
IRT	D	0.11%
CUZ	C	0.11%
NOMD	D	0.11%
CBZ	F	0.11%
KW	B	0.11%
OSIS	C	0.11%
HCC	B	0.11%
GRC	D	0.11%
JBGS	C	0.1%
RGP	F	0.1%
CCOI	B	0.1%
GMRE	C	0.1%
CASS	F	0.1%
PAHC	C	0.1%
SRCL	A	0.1%
WDFC	D	0.1%
ACIW	B	0.1%
MOG.A	C	0.1%
WEN	D	0.1%
RUSHA	D	0.1%
MSGS	A	0.1%
INVA	B	0.1%
BFS	B	0.1%
LMAT	C	0.1%
AROC	B	0.1%
NTCT	C	0.1%
HUBG	D	0.1%
DEI	A	0.1%
TNC	F	0.09%
PSMT	C	0.09%
SXI	C	0.09%
AHH	F	0.09%
LILAK	D	0.09%
RNGR	B	0.09%
AVT	C	0.09%
ALG	F	0.09%
PLOW	D	0.09%
ATNI	B	0.09%
HSII	D	0.09%
DNB	D	0.09%
CHCT	F	0.09%
BLKB	C	0.09%
RDWR	B	0.09%
WINA	D	0.09%
PCH	C	0.09%
TRNS	D	0.09%
RGR	F	0.08%
SHOO	C	0.08%
WEYS	D	0.08%
SPNS	D	0.08%
HURN	D	0.08%
EPAC	C	0.08%
APOG	C	0.08%
FPI	C	0.08%
VAL	F	0.08%
ENS	D	0.08%
PLUS	C	0.08%
SXC	F	0.08%
KFRC	F	0.08%
SQSP	A	0.08%
AZZ	C	0.08%
BBSI	C	0.08%
ABM	D	0.08%
APLE	D	0.08%
OMCL	C	0.08%
NCNO	D	0.08%
MTX	D	0.08%
CRC	B	0.08%
MGIC	C	0.08%
RLGT	D	0.08%
IOSP	F	0.08%
GLDD	B	0.08%
KAI	C	0.08%
LZB	D	0.08%
SATS	C	0.08%
PRIM	C	0.08%
PBT	D	0.08%
PRGO	F	0.07%
FORR	F	0.07%
ENV	B	0.07%
FUL	F	0.07%
SUPN	D	0.07%
IBEX	C	0.07%
MLAB	B	0.07%
AMSWA	C	0.07%
CRI	D	0.07%
GPI	C	0.07%
CXT	F	0.07%
SPOK	D	0.07%
MEI	F	0.07%
CORT	B	0.07%
TTMI	D	0.07%
CNNE	F	0.07%
HUN	C	0.07%
AVNS	D	0.07%
BOX	C	0.07%
SANM	D	0.07%
PRDO	D	0.07%
SFL	C	0.07%
CTS	D	0.07%
KN	D	0.07%
LAUR	C	0.07%
MRCY	B	0.07%
ITGR	C	0.07%
DK	F	0.06%
VPG	F	0.06%
ATEX	D	0.06%
ARCH	D	0.06%
ATEN	B	0.06%
STRA	F	0.06%
AGIO	D	0.06%
ETD	C	0.06%
SEM	D	0.06%
IRDM	B	0.06%
NVEC	F	0.06%
SCSC	D	0.06%
JOUT	F	0.06%
CABO	F	0.06%
VSH	F	0.06%
CMCO	C	0.06%
CSV	D	0.06%
AIN	F	0.06%
TPH	C	0.06%
CVCO	B	0.06%
MNRO	B	0.06%
GPRK	F	0.06%
MMSI	C	0.06%
VIAV	B	0.06%
CENT	F	0.06%
ITRN	D	0.06%
JBT	B	0.06%
MYRG	F	0.05%
NEOG	F	0.05%
SHEN	F	0.05%
VECO	F	0.05%
NATR	F	0.05%
SRDX	D	0.05%
MTRN	F	0.05%
AMN	F	0.05%
JBI	F	0.05%
CNMD	D	0.05%
CNXC	F	0.05%
HRMY	D	0.05%
PZZA	D	0.05%
BL	C	0.05%
GKOS	C	0.05%
FORM	F	0.05%
WK	D	0.05%
AMPH	C	0.05%
ZD	D	0.05%
ASGN	D	0.05%
POWI	F	0.05%
PDCO	F	0.05%
AEIS	D	0.05%
ALKS	B	0.05%
LIVN	B	0.05%
MATW	F	0.05%
NVST	D	0.05%
ECVT	F	0.05%
HAE	D	0.05%
RDNT	C	0.05%
FSTR	D	0.05%
OFIX	D	0.05%
SPB	C	0.05%
AMED	D	0.05%
IRMD	C	0.05%
CEVA	B	0.05%
IMTX	F	0.04%
ALRM	F	0.04%
ZIP	D	0.04%
IART	F	0.04%
RARE	D	0.04%
ARCO	D	0.04%
TTGT	F	0.04%
ANIP	F	0.04%
USPH	F	0.04%
NARI	F	0.04%
OXM	F	0.04%
NRC	F	0.04%
IPGP	D	0.04%
PTCT	C	0.04%
LEG	D	0.04%
VRNT	F	0.04%
USNA	F	0.04%
THRM	F	0.04%
SCHL	F	0.04%
KIDS	F	0.04%
ANIK	D	0.04%
XNCR	D	0.04%
BOWL	F	0.04%
AAP	F	0.03%
IRWD	F	0.03%
PCRX	D	0.03%
TBPH	F	0.03%
HELE	D	0.03%
VREX	F	0.03%
HLF	F	0.03%
CBRL	D	0.03%
HI	F	0.03%
ATRC	C	0.03%
ACAD	F	0.02%
AZTA	F	0.02%

SMLV Underweight 155 Positions Relative to FTHI

Symbol	Grade	Weight
MSFT	D	-6.96%
AAPL	C	-6.07%
NVDA	B	-5.73%
AMZN	C	-3.65%
META	A	-2.64%
GOOGL	B	-2.16%
GOOG	B	-1.83%
BRK.A	C	-1.78%
AVGO	C	-1.72%
BXMT	C	-1.72%
LLY	D	-1.47%
SLG	C	-1.39%
JPM	D	-1.28%
TSLA	C	-1.21%
UL	D	-1.12%
UNH	B	-1.11%
JXN	A	-1.04%
CCEP	D	-1.03%
XOM	A	-1.0%
V	C	-0.95%
HD	A	-0.92%
LADR	D	-0.91%
CRNX	C	-0.89%
VST	B	-0.87%
MA	A	-0.87%
MO	D	-0.87%
PG	D	-0.86%
COST	C	-0.84%
ABBV	A	-0.76%
WMT	A	-0.68%
BRBR	A	-0.66%
CCI	C	-0.66%
PTVE	D	-0.64%
NFLX	B	-0.63%
INGR	B	-0.62%
MRK	F	-0.62%
AMD	B	-0.58%
KO	C	-0.58%
NVS	D	-0.58%
CRM	B	-0.57%
STNG	C	-0.54%
BAC	D	-0.51%
ORCL	C	-0.5%
MDT	C	-0.5%
PEP	F	-0.49%
TOL	A	-0.48%
SLM	C	-0.48%
ADBE	F	-0.48%
TMO	D	-0.48%
MEDP	F	-0.46%
EXP	B	-0.46%
GILD	A	-0.45%
LIN	B	-0.45%
BMY	B	-0.44%
ALSN	A	-0.44%
MMC	D	-0.44%
CAT	A	-0.43%
DELL	C	-0.42%
SCCO	B	-0.42%
ITW	B	-0.41%
AM	A	-0.4%
ARES	A	-0.4%
DHR	D	-0.4%
WFC	F	-0.4%
INTU	F	-0.4%
VZ	B	-0.4%
GE	C	-0.39%
HLI	B	-0.39%
IBM	A	-0.39%
DECK	B	-0.39%
PPC	D	-0.39%
NOW	C	-0.38%
USFD	C	-0.38%
TXN	C	-0.38%
UMBF	C	-0.38%
CME	A	-0.38%
IIPR	C	-0.38%
EHC	B	-0.38%
LANC	F	-0.37%
SFM	A	-0.37%
SLVM	C	-0.37%
PM	D	-0.37%
AMAT	B	-0.37%
QCOM	C	-0.37%
T	A	-0.37%
DTM	A	-0.37%
FNF	B	-0.37%
AMT	C	-0.37%
KNSL	C	-0.36%
ISRG	C	-0.36%
IDCC	A	-0.36%
HESM	C	-0.36%
PSA	C	-0.35%
EWBC	D	-0.35%
SPGI	B	-0.35%
RTX	A	-0.35%
AMGN	D	-0.35%
BAH	A	-0.34%
DUK	B	-0.34%
UNP	D	-0.33%
TJX	D	-0.33%
WSO	C	-0.33%
FTI	B	-0.33%
ADP	A	-0.32%
LOW	A	-0.32%
KRC	C	-0.32%
SBRA	C	-0.32%
REYN	D	-0.32%
PFE	D	-0.31%
NVO	F	-0.31%
BKNG	C	-0.31%
GAP	F	-0.3%
VEEV	C	-0.3%
DHT	B	-0.3%
SBLK	C	-0.3%
HON	C	-0.29%
GS	D	-0.29%
O	A	-0.29%
LMT	A	-0.29%
NEE	A	-0.28%
BKU	D	-0.28%
GGG	C	-0.28%
TMUS	A	-0.27%
MATX	C	-0.27%
CVX	B	-0.25%
ATR	A	-0.24%
CL	D	-0.24%
AMH	D	-0.24%
CNA	D	-0.24%
COP	D	-0.24%
SO	A	-0.22%
OTTR	F	-0.22%
BLK	A	-0.22%
PFGC	A	-0.21%
EQIX	C	-0.21%
PAYX	A	-0.2%
XEL	B	-0.19%
NEU	F	-0.18%
MUSA	D	-0.18%
EXR	C	-0.16%
MSI	A	-0.16%
WEC	A	-0.16%
CVBF	B	-0.16%
GEV	A	-0.14%
ELV	F	-0.13%
KAR	F	-0.13%
TGT	D	-0.12%
BX	C	-0.12%
D	A	-0.09%
GIS	C	-0.09%
MDLZ	D	-0.09%
BDX	C	-0.08%
AJG	D	-0.05%
SPG	A	-0.05%
SYK	C	-0.05%