VLUE vs. FCFY ETF Comparison

Comparison of iShares MSCI USA Value Factor (VLUE) to First Trust S&P 500 Diversified Free Cash Flow ETF (FCFY)

VLUE

iShares MSCI USA Value Factor

VLUE Description

The investment seeks to track the performance of MSCI USA Value Weighted Index that measures the performance of U.S. large- and mid-capitalization stocks with value characteristics and relatively lower valuations, before fees and expenses. The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The MSCI USA Value Weighted Index (the "underlying index") is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid- capitalization stocks.

Grade (RS Rating)

Last Trade

$112.86

Average Daily Volume

327,542

Number of Holdings ^*

148

* may have additional holdings in another (foreign) market

FCFY

First Trust S&P 500 Diversified Free Cash Flow ETF

FCFY Description

Under normal conditions, the fund will invest at least 80% of its net assets in the securities that comprise the index. The index measures the performance of companies within the S&P 500® Index that have the highest relative FCF Yield within each GICS® sector represented in the S&P 500® Index. It is non-diversified.

Grade (RS Rating)

Last Trade

$25.09

Average Daily Volume

282

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	VLUE	FCFY
30 Days	3.29%	3.04%
60 Days	4.96%	3.31%
90 Days	6.43%	4.37%
12 Months	24.26%	25.13%

55 Overlapping Holdings

Symbol	Grade	Weight in VLUE	Weight in FCFY	Overlap
ADM	D	0.65%	0.88%	0.65%
AKAM	D	0.14%	1.34%	0.14%
APTV	F	0.13%	0.57%	0.13%
BBY	D	0.38%	0.72%	0.38%
BEN	C	0.06%	0.53%	0.06%
BG	D	0.2%	0.67%	0.2%
BLDR	D	0.36%	0.59%	0.36%
BMY	B	1.55%	1.19%	1.19%
CAG	F	0.23%	0.62%	0.23%
CFG	B	0.26%	0.72%	0.26%
CI	D	1.37%	0.81%	0.81%
CNC	D	0.57%	0.64%	0.57%
COF	C	0.66%	1.62%	0.66%
CSCO	B	6.43%	1.66%	1.66%
DVA	C	0.08%	0.64%	0.08%
EG	C	0.17%	0.79%	0.17%
EXPE	B	0.48%	1.77%	0.48%
FFIV	B	0.37%	2.1%	0.37%
GEN	B	0.42%	3.05%	0.42%
GILD	C	1.29%	0.76%	0.76%
HBAN	A	0.17%	0.58%	0.17%
HPE	B	1.4%	2.73%	1.4%
HPQ	B	1.19%	2.91%	1.19%
HST	C	0.23%	0.35%	0.23%
IBM	C	3.86%	1.48%	1.48%
JBL	C	0.31%	2.29%	0.31%
LDOS	C	0.19%	0.53%	0.19%
LEN	D	1.49%	1.29%	1.29%
LYB	F	0.22%	0.38%	0.22%
MET	A	0.46%	0.91%	0.46%
MO	A	1.45%	0.97%	0.97%
MRO	B	0.44%	0.6%	0.44%
NTAP	C	0.52%	1.81%	0.52%
NUE	C	0.45%	0.58%	0.45%
PCAR	B	0.76%	0.59%	0.59%
PRU	A	0.45%	0.83%	0.45%
QRVO	F	0.18%	1.55%	0.18%
SNA	A	0.23%	1.01%	0.23%
SOLV	D	0.14%	1.07%	0.14%
SPG	A	1.26%	0.4%	0.4%
STLD	B	0.27%	0.3%	0.27%
SW	A	0.13%	0.39%	0.13%
SWK	D	0.1%	0.39%	0.1%
SWKS	F	0.46%	2.9%	0.46%
SYF	B	0.24%	2.36%	0.24%
T	A	6.04%	1.89%	1.89%
TAP	C	0.38%	0.94%	0.38%
TFC	A	0.54%	0.73%	0.54%
TXT	D	0.24%	0.43%	0.24%
VLO	C	0.78%	0.91%	0.78%
VST	A	0.45%	0.49%	0.45%
VTRS	A	0.45%	0.95%	0.45%
WAB	B	0.32%	0.49%	0.32%
WBD	B	0.7%	3.92%	0.7%
WFC	A	1.92%	0.86%	0.86%

VLUE Overweight 93 Positions Relative to FCFY

Symbol	Grade	Weight
INTC	C	3.65%
GM	C	3.6%
VZ	C	2.91%
AMAT	F	2.37%
BAC	A	2.25%
PFE	F	2.07%
C	A	1.78%
RTX	D	1.77%
F	C	1.68%
CVS	D	1.46%
GS	A	1.43%
DHI	F	1.4%
FDX	B	1.18%
NXPI	D	1.12%
GLW	B	1.1%
CTSH	B	1.1%
TEL	B	1.02%
ELV	F	0.97%
PHM	D	0.94%
DELL	B	0.84%
URI	C	0.77%
KR	B	0.75%
KHC	F	0.74%
ON	D	0.67%
PCG	A	0.63%
JCI	B	0.61%
FANG	C	0.6%
CMI	A	0.6%
WY	F	0.55%
LHX	C	0.53%
AIG	B	0.5%
USB	A	0.48%
D	C	0.47%
ZM	C	0.47%
BK	A	0.47%
TSN	B	0.44%
FSLR	F	0.38%
OC	A	0.36%
CTRA	B	0.35%
TWLO	A	0.34%
FOXA	A	0.33%
OVV	B	0.33%
JNPR	D	0.33%
PPL	A	0.32%
MTB	A	0.31%
EQT	B	0.28%
PARA	C	0.27%
EVRG	A	0.27%
STT	B	0.26%
SSNC	B	0.25%
DAL	B	0.25%
LKQ	F	0.24%
LH	B	0.24%
UTHR	C	0.23%
ATO	A	0.23%
AZPN	A	0.23%
DOW	F	0.23%
WBA	F	0.22%
SJM	D	0.22%
ES	C	0.22%
HIG	B	0.22%
FITB	B	0.21%
GPN	B	0.21%
EXE	A	0.2%
RF	A	0.2%
IP	A	0.19%
MAA	B	0.19%
RPRX	D	0.19%
DGX	A	0.19%
KNX	C	0.19%
FOX	A	0.18%
UHS	D	0.18%
MOS	F	0.17%
CNH	C	0.17%
CF	A	0.16%
DINO	D	0.16%
APA	D	0.15%
L	A	0.13%
CPT	B	0.13%
KEY	B	0.13%
FCNCA	A	0.12%
EQH	C	0.12%
ACI	C	0.12%
LUV	C	0.12%
UHAL	D	0.11%
FBIN	D	0.11%
NLY	C	0.11%
ALLY	C	0.1%
EMN	C	0.1%
FNF	B	0.09%
HII	F	0.09%
WLK	D	0.05%
BIO	C	0.05%

VLUE Underweight 46 Positions Relative to FCFY

Symbol	Grade	Weight
EPAM	B	-2.35%
QCOM	F	-2.17%
CAH	B	-1.67%
MTCH	D	-1.65%
TPR	B	-1.64%
IPG	D	-1.56%
NRG	B	-1.5%
COR	B	-1.24%
DFS	B	-1.15%
RL	C	-1.04%
FIS	C	-1.02%
NTRS	A	-0.97%
ABNB	C	-0.84%
MCK	A	-0.8%
BWA	D	-0.77%
IVZ	B	-0.75%
HOLX	D	-0.72%
HAS	D	-0.71%
MPC	D	-0.69%
TGT	F	-0.67%
MHK	D	-0.65%
JNJ	C	-0.65%
DVN	F	-0.6%
MMM	D	-0.58%
KMB	C	-0.54%
GNRC	C	-0.53%
J	D	-0.52%
BIIB	F	-0.51%
AME	A	-0.5%
MAS	D	-0.49%
HAL	C	-0.48%
GIS	D	-0.48%
CAT	B	-0.47%
FTV	C	-0.45%
EXPD	C	-0.44%
LMT	D	-0.43%
ACGL	C	-0.43%
NEE	C	-0.38%
BXP	C	-0.36%
ARE	F	-0.34%
VICI	C	-0.32%
WEC	A	-0.28%
PPG	F	-0.26%
O	C	-0.25%
DOC	C	-0.24%
CE	F	-0.16%