TDIV vs. HDLB ETF Comparison

Comparison of First Trust NASDAQ Technology Dividend Index Fund (TDIV) to ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B due September 30, 2044 (HDLB)

TDIV

First Trust NASDAQ Technology Dividend Index Fund

TDIV Description

The investment seeks investment results that correspond generally to the price and yield of an equity index called the NASDAQ Technology Dividend Index. The fund will normally invest at least 90% of its net assets (plus the amount of any borrowings for investment purposes) in the common stocks and/or depositary receipts included in the index. The index is owned and was developed by NASDAQ(R) (the "Index Provider"). The index is calculated and maintained by the index Provider. The index includes up to 100 Technology and Telecommunications companies that pay a regular or common dividend. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$78.66

Average Daily Volume

97,543

Number of Holdings ^*

79

* may have additional holdings in another (foreign) market

HDLB

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B due September 30, 2044

HDLB Description

The investment seeks to provide two times leveraged long exposure to the compounded monthly performance of the Solactive US High Dividend Low Volatility Index. The index is designed to measure the performance of 40 dividend yielding, relatively lower volatility Index Constituent Securities from the universe of the largest 1,000 U.S. listed stocks by market capitalization, as described herein. The Securities seek to approximate the monthly returns that might be available to investors through a leveraged “long” investment in the index constituent securities.

Grade (RS Rating)

Last Trade

$14.36

Average Daily Volume

3,000

Number of Holdings ^*

37

* may have additional holdings in another (foreign) market

Performance

Period	TDIV	HDLB
30 Days	-0.99%	-0.70%
60 Days	1.51%	3.60%
90 Days	8.74%	10.11%
12 Months	41.46%	61.28%

3 Overlapping Holdings

	Symbol	Grade	Weight in TDIV	Weight in HDLB	Overlap
	IBM	C	8.92%	5.12%	5.12%
	T	A	2.19%	8.79%	2.19%
	VZ	D	1.99%	9.25%	1.99%

TDIV Overweight 76 Positions Relative to HDLB

	Symbol	Grade	Weight
	ORCL	B	8.59%
	AVGO	B	8.26%
	MSFT	D	7.89%
	TXN	A	7.1%
	TSM	B	4.24%
	QCOM	D	3.68%
	ADI	C	2.86%
	CSCO	B	2.16%
	TMUS	B	2.15%
	CMCSA	A	2.03%
	MSI	B	1.82%
	GLW	A	1.8%
	AMAT	F	1.74%
	HPQ	B	1.74%
	INTU	D	1.61%
	NXPI	C	1.6%
	LRCX	F	1.55%
	MCHP	F	1.44%
	HPE	A	1.11%
	STX	D	1.03%
	KLAC	F	1.03%
	ASML	F	1.02%
	CTSH	D	0.96%
	APH	B	0.89%
	DELL	A	0.87%
	NTAP	D	0.68%
	SWKS	F	0.63%
	CCOI	B	0.6%
	CDW	F	0.53%
	ROP	D	0.52%
	GEN	A	0.52%
	UI	A	0.51%
	OTEX	F	0.46%
	SSNC	D	0.4%
	INFY	D	0.4%
	LDOS	A	0.36%
	DOX	B	0.36%
	MPWR	F	0.35%
	SAP	B	0.27%
	NOK	B	0.27%
	LOGI	D	0.26%
	ATHM	D	0.23%
	ERIC	A	0.23%
	KT	A	0.23%
	SNX	C	0.22%
	IRDM	B	0.2%
	XRX	F	0.19%
	CABO	C	0.18%
	AVT	B	0.18%
	DNB	B	0.14%
	VIV	F	0.14%
	SAIC	A	0.14%
	PAYC	A	0.14%
	AMKR	F	0.12%
	IDCC	A	0.12%
	DLB	B	0.12%
	KBR	B	0.12%
	OLED	F	0.12%
	TEF	D	0.11%
	CNXC	F	0.08%
	POWI	C	0.07%
	KLIC	B	0.07%
	VSH	F	0.07%
	SIMO	F	0.07%
	PRGS	B	0.06%
	SSTK	D	0.06%
	CSGS	D	0.06%
	YOU	A	0.06%
	SPNS	B	0.05%
	BHE	A	0.04%
	STM	F	0.03%
	ATEN	A	0.03%
	CNXN	F	0.02%
	HCKT	D	0.02%
	SLP	F	0.01%
	TKC	F	0.01%

TDIV Underweight 34 Positions Relative to HDLB

	Symbol	Grade	Weight
	PFE	D	-13.4%
	ABBV	A	-9.8%
	GILD	A	-5.14%
	PM	A	-3.83%
	DUK	C	-3.27%
	MO	A	-3.18%
	SO	C	-2.94%
	D	B	-2.76%
	AEP	D	-2.58%
	O	D	-2.51%
	VICI	D	-1.93%
	KHC	D	-1.93%
	ED	C	-1.85%
	ETR	A	-1.73%
	SRE	C	-1.71%
	PPL	C	-1.48%
	K	A	-1.47%
	NLY	D	-1.43%
	FE	D	-1.42%
	EIX	D	-1.34%
	IP	A	-1.22%
	MPW	D	-1.04%
	AGNC	D	-1.03%
	NI	B	-0.91%
	PNW	D	-0.78%
	WPC	F	-0.76%
	WU	F	-0.73%
	ARCC	B	-0.46%
	GLPI	D	-0.44%
	OGE	C	-0.43%
	STAG	D	-0.4%
	FSK	B	-0.25%
	KD	D	-0.14%
	ONL	D	-0.07%

TDIV: Top Represented Industries & Keywords

Industries: Semiconductors Telecom Services Information Technology Services Software - Application Software - Infrastructure Communication Equipment Semiconductor Equipment & Materials Computer Systems Business Services Data Storage Electronic Components Internet Content & Information Computer Distribution Contract Manufacturers Diversified Industrials Electronics Distribution Engineering & Construction Health Information Services Media - Diversified Pay TV

Keywords: S&P 500 Computing Nasdaq 100 Integrated Circuits Telecommunications Broadband Semiconductor Cloud Computing Information And Communications Technology Internet Access Operating System Work From Home Electronics Ethernet Semiconductor Device Fabrication Voice Services CRM Consumer Electronics Fabless Semiconductor Companies Mobile Communications

HDLB: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric REIT - Diversified Utilities - Diversified Drug Manufacturers - Major Information Technology Services Packaged Foods Telecom Services Tobacco Asset Management Credit Services Packaging & Containers REIT - Healthcare Facilities REIT - Industrial REIT - Office REIT - Residential REIT - Retail Utilities - Regulated Gas

Keywords: S&P 500 Electricity Natural Gas Real Estate Investment Trust Gas Transmission Natural Gas Distribution Natural Gas Storage Natural Gas Transmission Electric Services Electric Utility Energy Related Products Energy Services Equity Global Management Internet Access Mortgage Loan Nasdaq 100 Real Estate Market Tobacco Products Underground Natural Gas Storage Wholesale And Retail Customers