ACWV vs. FCTR ETF Comparison

Comparison of iShares MSCI All Country World Minimum Volatility Index Fund (ACWV) to First Trust Lunt U.S. Factor Rotation ETF (FCTR)

ACWV

iShares MSCI All Country World Minimum Volatility Index Fund

ACWV Description

The investment seeks to track the investment results of an index composed of developed and emerging market equities that, in the aggregate, have lower volatility characteristics relative to the broader developed and emerging equity markets. The fund generally invests at least 90% of its assets in securities of the underlying index or in depositary receipts representing securities in the underlying index. It seeks to track the underlying index, which has been developed by MSCI Inc. ("MSCI") to measure the combined performance of equity securities in both emerging and developed markets that in aggregate have lower volatility. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$114.72

Average Daily Volume

151,492

Number of Holdings ^*

141

* may have additional holdings in another (foreign) market

FCTR

First Trust Lunt U.S. Factor Rotation ETF

FCTR 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 Lunt Capital Large Cap Factor Rotation 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 index is designed to provide exposure to U.S. large cap equities grouped into four separate factors, with factors emphasized within the index as they come into favor in the U.S. marketplace. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$31.05

Average Daily Volume

8,099

Number of Holdings ^*

155

* may have additional holdings in another (foreign) market

Performance

Period	ACWV	FCTR
30 Days	1.57%	5.02%
60 Days	6.36%	1.51%
90 Days	9.63%	0.26%
12 Months	22.70%	27.01%

48 Overlapping Holdings

Symbol	Grade	Weight in ACWV	Weight in FCTR	Overlap
ACGL	B	0.64%	0.67%	0.64%
ANET	C	0.06%	0.94%	0.06%
AON	B	0.33%	0.46%	0.33%
APH	C	0.48%	0.28%	0.28%
BAH	B	0.38%	0.29%	0.29%
BRK.A	C	0.89%	0.26%	0.26%
BRO	C	0.27%	1.41%	0.27%
CB	B	0.89%	0.26%	0.26%
CHD	C	0.43%	0.66%	0.43%
CL	C	0.39%	1.28%	0.39%
CSCO	B	1.39%	0.68%	0.68%
DPZ	D	0.18%	0.41%	0.18%
ELV	D	0.56%	0.45%	0.45%
FICO	B	0.1%	1.36%	0.1%
GD	C	0.19%	0.5%	0.19%
HSY	D	0.48%	0.22%	0.22%
IT	C	0.07%	0.27%	0.07%
JNJ	C	1.13%	0.55%	0.55%
KO	B	0.06%	0.64%	0.06%
L	D	0.38%	0.56%	0.38%
LLY	D	0.6%	1.16%	0.6%
LMT	A	0.24%	0.59%	0.24%
MA	B	0.18%	1.42%	0.18%
MCD	B	1.0%	0.67%	0.67%
MCK	F	1.17%	0.36%	0.36%
MDLZ	C	0.28%	0.7%	0.28%
MMC	C	0.89%	0.59%	0.59%
MNST	D	0.11%	0.2%	0.11%
MPC	F	0.15%	0.31%	0.15%
MRK	F	1.25%	0.4%	0.4%
MSFT	C	0.78%	0.62%	0.62%
MSI	B	1.66%	1.19%	1.19%
ORLY	B	0.56%	0.4%	0.4%
PEP	D	1.14%	0.23%	0.23%
PG	C	0.84%	1.19%	0.84%
REGN	D	0.89%	0.42%	0.42%
ROL	C	0.21%	1.0%	0.21%
RSG	D	1.13%	0.89%	0.89%
TJX	C	0.36%	0.64%	0.36%
TMUS	B	1.7%	0.71%	0.71%
TRGP	C	0.06%	0.41%	0.06%
TRV	C	0.29%	0.46%	0.29%
V	C	0.54%	1.29%	0.54%
VRSN	C	0.35%	0.9%	0.35%
WDAY	D	0.09%	0.34%	0.09%
WM	D	1.37%	0.72%	0.72%
WRB	D	0.39%	0.27%	0.27%
YUM	B	0.23%	0.95%	0.23%

ACWV Overweight 93 Positions Relative to FCTR

Symbol	Grade	Weight
WMT	B	1.67%
ROP	C	1.34%
VRTX	D	1.11%
COR	F	0.97%
ED	B	0.9%
PGR	C	0.83%
DUK	B	0.83%
SO	B	0.82%
VZ	A	0.81%
NOC	B	0.8%
UNH	C	0.8%
KR	B	0.77%
AZO	B	0.74%
IBM	B	0.74%
GIS	B	0.71%
WEC	B	0.65%
CBOE	C	0.56%
ABBV	B	0.56%
K	A	0.56%
GDDY	C	0.55%
EA	D	0.54%
ORCL	B	0.48%
GILD	B	0.43%
FI	B	0.41%
KEYS	B	0.41%
KDP	B	0.4%
MKL	C	0.4%
AMGN	D	0.39%
WCN	D	0.38%
CHT	B	0.38%
KHC	C	0.36%
UTHR	B	0.36%
ERIE	B	0.34%
HUM	F	0.34%
AJG	D	0.32%
KMB	C	0.32%
JNPR	A	0.32%
FFIV	B	0.32%
INCY	C	0.32%
AKAM	D	0.3%
TSN	D	0.3%
NBIX	F	0.3%
SJM	C	0.29%
GEN	A	0.27%
CI	C	0.26%
HRL	F	0.25%
T	B	0.25%
CPB	C	0.25%
ACN	C	0.24%
CF	B	0.24%
BDX	D	0.23%
CME	B	0.22%
FCNCA	D	0.21%
BMY	C	0.21%
BMRN	F	0.21%
JKHY	B	0.2%
FWONK	C	0.2%
PTC	C	0.2%
CTSH	B	0.19%
CAH	C	0.17%
CMS	B	0.17%
ULTA	D	0.17%
DGX	B	0.15%
MOH	D	0.14%
LNG	D	0.13%
NEM	C	0.12%
CTVA	B	0.12%
WIT	C	0.11%
AIZ	B	0.11%
PCG	C	0.1%
XOM	D	0.1%
TDY	B	0.1%
AEE	B	0.1%
ABT	C	0.1%
AZPN	B	0.1%
XEL	B	0.1%
EG	B	0.1%
WTW	B	0.09%
DINO	F	0.07%
TPL	C	0.07%
AEP	C	0.07%
CHRW	B	0.06%
HSIC	C	0.06%
FANG	F	0.06%
ACI	F	0.05%
HOLX	D	0.05%
GPC	D	0.05%
KNX	C	0.05%
CAG	B	0.05%
SGD	F	0.0%
SAR	C	0.0%
HKD	C	0.0%
IDR	C	0.0%

ACWV Underweight 107 Positions Relative to FCTR

Symbol	Grade	Weight
NVDA	C	-2.19%
VRT	C	-2.11%
VST	B	-1.75%
PLTR	C	-1.67%
PAYX	C	-1.49%
ITW	B	-1.4%
CTAS	C	-1.31%
SYY	C	-1.3%
AVGO	C	-1.16%
TDG	B	-1.15%
COIN	F	-1.12%
ADP	C	-1.1%
NTNX	D	-1.08%
VRSK	D	-1.01%
ROST	C	-1.01%
BR	C	-0.97%
ALNY	C	-0.97%
APO	B	-0.96%
FDS	C	-0.95%
SYK	C	-0.95%
CEG	C	-0.93%
AXON	B	-0.93%
ISRG	C	-0.81%
ATO	B	-0.81%
MANH	B	-0.79%
TT	B	-0.77%
AAPL	C	-0.72%
HON	C	-0.71%
META	B	-0.7%
AME	C	-0.68%
SBAC	C	-0.68%
CDNS	D	-0.65%
MPWR	B	-0.64%
KKR	B	-0.63%
UBER	C	-0.62%
TTD	B	-0.62%
CMG	D	-0.6%
RBLX	C	-0.59%
DECK	C	-0.58%
SNPS	F	-0.58%
ARES	B	-0.58%
WAB	B	-0.57%
KMI	C	-0.56%
DRI	C	-0.55%
PANW	D	-0.55%
HIG	B	-0.55%
NOW	C	-0.53%
DKNG	C	-0.53%
PODD	C	-0.53%
ETR	A	-0.52%
MSCI	C	-0.52%
RCL	B	-0.51%
BK	B	-0.51%
AMT	C	-0.51%
BLDR	C	-0.5%
FAST	C	-0.5%
MCO	C	-0.5%
OTIS	B	-0.5%
WMB	C	-0.49%
URI	B	-0.48%
AMP	B	-0.47%
NET	D	-0.47%
NFLX	B	-0.47%
PSA	C	-0.47%
HLT	B	-0.47%
DDOG	D	-0.47%
HWM	B	-0.47%
O	B	-0.47%
ZS	F	-0.46%
MDT	B	-0.46%
RIVN	F	-0.46%
CRWD	D	-0.46%
CSL	B	-0.45%
AVY	C	-0.44%
BSY	C	-0.43%
KLAC	D	-0.43%
ADBE	F	-0.43%
ZTS	B	-0.43%
UNP	D	-0.42%
FTNT	B	-0.42%
ADSK	B	-0.41%
IDXX	D	-0.41%
XYL	C	-0.41%
MDB	D	-0.4%
PFG	B	-0.4%
AIG	D	-0.39%
SNOW	F	-0.39%
HUBS	D	-0.39%
IEX	C	-0.38%
INTU	D	-0.38%
AMAT	D	-0.37%
SNAP	D	-0.36%
LW	D	-0.35%
PWR	B	-0.32%
HUBB	B	-0.32%
GWW	B	-0.3%
MAS	B	-0.3%
COST	C	-0.29%
PH	B	-0.27%
BKNG	B	-0.27%
ENTG	D	-0.26%
VICI	C	-0.26%
DXCM	F	-0.23%
CPRT	D	-0.23%
CPAY	B	-0.23%
PCAR	D	-0.18%
LECO	D	-0.17%