VLUE vs. RNDV ETF Comparison

Comparison of iShares MSCI USA Value Factor (VLUE) to First Trust US Equity Dividend Select ETF (RNDV)

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

$110.97

Average Daily Volume

341,064

Number of Holdings ^*

148

* may have additional holdings in another (foreign) market

RNDV

First Trust US Equity Dividend Select ETF

RNDV Description

The US Equity Dividend 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 US Equity Dividend 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

$33.81

Average Daily Volume

6,959

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VLUE	RNDV
30 Days	-0.15%	-2.53%
60 Days	4.02%	0.44%
90 Days	7.16%	3.39%
12 Months	23.23%	23.44%

28 Overlapping Holdings

Symbol	Grade	Weight in VLUE	Weight in RNDV	Overlap
BBY	C	0.36%	1.54%	0.36%
BEN	C	0.06%	2.11%	0.06%
BMY	B	1.47%	1.92%	1.47%
CAG	F	0.25%	0.82%	0.25%
CF	A	0.15%	0.34%	0.15%
CI	D	1.34%	0.64%	0.64%
CMI	A	0.58%	0.59%	0.58%
CTRA	A	0.33%	0.66%	0.33%
CVS	F	1.51%	1.54%	1.51%
DGX	A	0.19%	0.72%	0.19%
EG	D	0.16%	0.62%	0.16%
EMN	C	0.1%	0.39%	0.1%
ES	C	0.22%	0.42%	0.22%
EVRG	A	0.26%	0.46%	0.26%
GLW	B	1.13%	3.17%	1.13%
HPE	B	1.44%	3.52%	1.44%
HPQ	B	1.17%	3.88%	1.17%
IBM	D	3.97%	3.61%	3.61%
LEN	D	1.5%	0.46%	0.46%
LHX	B	0.55%	0.51%	0.51%
MAA	A	0.19%	0.4%	0.19%
MET	A	0.44%	0.82%	0.44%
MTB	A	0.3%	1.07%	0.3%
PRU	A	0.43%	1.37%	0.43%
SNA	A	0.23%	0.69%	0.23%
SWK	F	0.11%	0.63%	0.11%
TSN	A	0.4%	0.66%	0.4%
VZ	C	2.79%	3.2%	2.79%

VLUE Overweight 120 Positions Relative to RNDV

Symbol	Grade	Weight
CSCO	B	6.4%
T	A	5.87%
INTC	C	3.87%
GM	A	3.46%
AMAT	F	2.66%
PFE	F	2.2%
BAC	A	2.14%
RTX	D	1.82%
WFC	A	1.78%
C	A	1.75%
F	C	1.65%
DHI	D	1.44%
GS	A	1.4%
GILD	B	1.39%
MO	A	1.38%
SPG	A	1.23%
NXPI	F	1.19%
CTSH	B	1.13%
FDX	A	1.13%
TEL	C	1.05%
ELV	F	1.01%
PHM	D	0.95%
DELL	C	0.85%
URI	B	0.8%
KR	B	0.77%
KHC	F	0.77%
PCAR	B	0.76%
VLO	C	0.75%
ON	F	0.72%
WBD	B	0.69%
COF	A	0.65%
ADM	D	0.62%
JCI	A	0.6%
PCG	A	0.6%
FANG	D	0.6%
CNC	F	0.58%
WY	D	0.56%
NTAP	D	0.54%
TFC	A	0.52%
AIG	B	0.49%
SWKS	F	0.48%
NUE	D	0.48%
ZM	B	0.47%
EXPE	A	0.47%
USB	B	0.47%
BK	A	0.46%
D	C	0.46%
VTRS	A	0.45%
VST	A	0.44%
MRO	A	0.43%
GEN	B	0.41%
FSLR	F	0.38%
FFIV	B	0.37%
TAP	A	0.36%
BLDR	D	0.36%
OC	A	0.35%
JNPR	D	0.35%
WAB	B	0.33%
FOXA	A	0.32%
TWLO	A	0.32%
JBL	C	0.32%
OVV	C	0.32%
PPL	A	0.31%
STLD	B	0.29%
EQT	A	0.27%
PARA	C	0.27%
STT	A	0.26%
SSNC	D	0.25%
LH	B	0.25%
TXT	D	0.25%
UTHR	B	0.25%
CFG	A	0.25%
HST	D	0.24%
DOW	F	0.24%
LDOS	C	0.23%
WBA	F	0.23%
SYF	A	0.23%
SJM	F	0.23%
LKQ	D	0.23%
DAL	A	0.23%
HIG	C	0.22%
LYB	F	0.22%
ATO	A	0.22%
AZPN	A	0.22%
EXE	A	0.2%
RF	A	0.2%
GPN	B	0.2%
FITB	A	0.2%
KNX	B	0.2%
BG	D	0.19%
QRVO	F	0.19%
RPRX	F	0.19%
MOS	D	0.18%
UHS	D	0.18%
IP	A	0.18%
CNH	D	0.17%
HBAN	A	0.17%
FOX	A	0.17%
DINO	D	0.16%
APA	F	0.15%
SOLV	C	0.15%
APTV	F	0.14%
AKAM	F	0.14%
CPT	D	0.13%
KEY	A	0.13%
SW	A	0.13%
EQH	B	0.12%
LUV	A	0.12%
FBIN	D	0.12%
ACI	C	0.12%
UHAL	D	0.12%
L	A	0.12%
FCNCA	A	0.11%
NLY	C	0.11%
HII	F	0.1%
ALLY	C	0.1%
FNF	C	0.09%
DVA	C	0.08%
BIO	C	0.06%
WLK	F	0.05%

VLUE Underweight 66 Positions Relative to RNDV

Symbol	Grade	Weight
TXN	C	-3.36%
MCHP	F	-2.54%
QCOM	F	-2.44%
IPG	F	-2.27%
ACN	C	-2.01%
ADI	D	-1.87%
CMCSA	B	-1.73%
HAS	D	-1.67%
TROW	A	-1.54%
OMC	C	-1.54%
GPC	D	-1.38%
APH	B	-1.3%
NTRS	A	-1.11%
UPS	C	-1.1%
MDT	D	-1.1%
ABBV	F	-1.06%
JNJ	D	-1.06%
PFG	C	-1.05%
MCD	D	-1.03%
HD	A	-1.0%
GRMN	B	-0.99%
MRK	F	-0.94%
MSFT	D	-0.93%
KLAC	F	-0.91%
OKE	A	-0.86%
PM	A	-0.85%
CINF	A	-0.84%
CVX	A	-0.81%
LOW	A	-0.76%
PAYX	B	-0.74%
KVUE	A	-0.74%
CAH	B	-0.73%
NKE	D	-0.72%
ABT	B	-0.71%
HRL	D	-0.7%
KMB	C	-0.67%
CME	A	-0.66%
GIS	D	-0.61%
UNH	B	-0.59%
FAST	B	-0.59%
ITW	B	-0.59%
XOM	B	-0.58%
TRV	A	-0.58%
AMCR	C	-0.58%
AFL	C	-0.57%
BDX	F	-0.57%
K	B	-0.57%
CHRW	A	-0.56%
EOG	A	-0.56%
NSC	B	-0.56%
POOL	D	-0.56%
UNP	D	-0.55%
EMR	A	-0.55%
LMT	D	-0.53%
ADP	B	-0.52%
FMC	F	-0.48%
O	D	-0.48%
PNW	A	-0.45%
FRT	B	-0.41%
ETR	A	-0.41%
EIX	C	-0.38%
AEP	C	-0.36%
DLR	A	-0.35%
ESS	A	-0.35%
APD	A	-0.33%
AVB	A	-0.32%