WEEI vs. FDL ETF Comparison

Comparison of Westwood Salient Enhanced Energy Income ETF (WEEI) to First Trust Morningstar ETF (FDL)

WEEI

Westwood Salient Enhanced Energy Income ETF

WEEI Description

The fund is an actively managed ETF that seeks to achieve its investment objectives by investing, under normal circumstances, at least 80% of its net assets (plus the amount of borrowings, if any, for investment purposes) in securities of Midstream North American corporations and Midstream U.S. master limited partnerships ("MLPs") (collectively, "Midstream Investments"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$22.55

Average Daily Volume

1,996

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FDL

First Trust Morningstar ETF

FDL Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Morningstar(R) Dividend Leaders Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The objective of the index is to offer investors a benchmark for dividend portfolios as well as a means to invest in a portfolio of stocks that have a consistent record of growing dividends as well as the ability to sustain them. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$41.85

Average Daily Volume

388,696

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	WEEI	FDL
30 Days	-1.75%	0.26%
60 Days	-2.14%	1.52%
90 Days	0.34%	5.34%
12 Months		32.26%

4 Overlapping Holdings

Symbol	Grade	Weight in WEEI	Weight in FDL	Overlap
CVX	A	16.2%	8.54%	8.54%
FANG	F	3.78%	1.23%	1.23%
KMI	B	3.6%	1.9%	1.9%
OKE	B	4.25%	1.75%	1.75%

WEEI Overweight 18 Positions Relative to FDL

Symbol	Grade	Weight
XOM	C	21.25%
COP	D	6.33%
EOG	D	4.71%
WMB	A	4.69%
SLB	F	4.69%
PSX	F	3.97%
MPC	F	3.95%
HES	B	3.18%
OXY	F	3.16%
VLO	F	3.15%
BKR	A	2.73%
TRGP	A	2.63%
HAL	F	1.87%
DVN	F	1.84%
EQT	C	1.7%
CTRA	F	1.34%
MRO	C	1.01%
APA	F	0.84%

WEEI Underweight 96 Positions Relative to FDL

Symbol	Grade	Weight
VZ	D	-7.76%
ABBV	A	-7.49%
PFE	D	-6.57%
PM	A	-6.0%
IBM	C	-4.82%
MO	A	-4.44%
UPS	C	-3.45%
GILD	A	-2.93%
CVS	F	-2.39%
DUK	C	-2.37%
USB	B	-2.34%
TFC	C	-2.05%
PNC	B	-1.92%
F	D	-1.77%
PRU	B	-1.45%
DOW	F	-1.41%
AEP	D	-1.3%
KMB	D	-1.12%
EXC	C	-1.11%
KHC	D	-1.01%
LYB	F	-0.93%
EIX	D	-0.87%
XEL	A	-0.86%
TROW	A	-0.82%
WEC	B	-0.78%
ETR	A	-0.76%
FITB	B	-0.72%
ES	D	-0.7%
HBAN	B	-0.69%
RF	B	-0.67%
STT	A	-0.65%
FE	D	-0.61%
KEY	B	-0.58%
CFG	A	-0.56%
AEE	B	-0.54%
BBY	D	-0.5%
CAG	D	-0.44%
EVRG	C	-0.43%
CLX	B	-0.42%
K	A	-0.42%
SWK	D	-0.37%
FNF	C	-0.36%
LNT	C	-0.36%
OMF	A	-0.35%
IPG	F	-0.34%
SJM	F	-0.33%
CNH	A	-0.33%
WHR	B	-0.29%
CMA	A	-0.29%
PNW	D	-0.28%
HAS	D	-0.27%
FHN	B	-0.26%
BEN	B	-0.26%
UGI	D	-0.24%
OGE	C	-0.24%
LNC	A	-0.24%
COLB	A	-0.24%
MTN	F	-0.23%
WU	F	-0.22%
FMC	B	-0.21%
ZION	B	-0.2%
SNV	B	-0.18%
NXST	A	-0.16%
JHG	A	-0.16%
POR	C	-0.15%
APAM	A	-0.15%
FAF	D	-0.15%
VLY	A	-0.15%
FIBK	B	-0.14%
UBSI	A	-0.14%
BKH	D	-0.13%
WEN	A	-0.13%
FLO	F	-0.13%
OZK	B	-0.13%
ALE	A	-0.12%
NJR	D	-0.12%
SR	D	-0.12%
AVA	D	-0.11%
NWE	D	-0.11%
MSM	D	-0.11%
PNM	B	-0.11%
TNL	A	-0.11%
CC	F	-0.11%
FHB	A	-0.1%
PRGO	D	-0.1%
OGS	C	-0.1%
ASB	A	-0.1%
SMG	A	-0.1%
AGR	C	-0.09%
MAN	F	-0.09%
LCII	D	-0.08%
CRI	F	-0.08%
FHI	A	-0.08%
CATY	A	-0.07%
SIRI	C	-0.04%
GEF	B	-0.01%