ADME vs. DVOL ETF Comparison

Comparison of Aptus Drawdown Managed Equity ETF (ADME) to First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL)

ADME

Aptus Drawdown Managed Equity ETF

ADME Description

The investment seeks capital appreciation with downside protection. The fund is an actively managed exchange-traded fund (ETF) that seeks to achieve its objective principally by investing in a portfolio of typically 40 to 50 U.S.-listed equity securities, while limiting downside risk by purchasing exchange-listed put options on one or more broad-based indexes or ETFs that track the performance of the U.S. equity market. Under normal circumstances, at least 80% of the fund's net assets (plus borrowings for investment purposes) will be invested in equity securities.

Grade (RS Rating)

Last Trade

$47.47

Average Daily Volume

34,161

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DVOL

First Trust Dorsey Wright Momentum & Low Volatility ETF

DVOL Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Dorsey Wright Momentum Plus Low Volatility Index (the "index"). Under normal conditions, the fund will invest at least 90% of its net assets (including investment borrowings) in the equity securities that comprise the index. The index is a rules-based equity index designed to track the overall performance of the 50 stocks comprising the NASDAQ US Large Mid Index that exhibit the lowest levels of volatility while still maintaining high levels of "relative strength." The fund is non-diversified.

Grade (RS Rating)

Last Trade

$36.26

Average Daily Volume

3,466

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ADME	DVOL
30 Days	2.15%	5.98%
60 Days	3.21%	9.31%
90 Days	4.52%	12.19%
12 Months	28.04%	36.44%

13 Overlapping Holdings

Symbol	Grade	Weight in ADME	Weight in DVOL	Overlap
COST	B	1.05%	1.69%	1.05%
CTAS	B	0.97%	2.59%	0.97%
FI	A	1.09%	3.01%	1.09%
JPM	A	2.0%	1.99%	1.99%
LIN	D	1.31%	2.68%	1.31%
MMC	B	0.89%	2.87%	0.89%
MSFT	F	6.09%	1.68%	1.68%
MSI	B	0.9%	2.8%	0.9%
PGR	A	1.68%	1.08%	1.08%
TJX	A	0.87%	2.71%	0.87%
TMUS	B	1.23%	3.35%	1.23%
V	A	1.79%	3.05%	1.79%
WMT	A	1.2%	2.49%	1.2%

ADME Overweight 63 Positions Relative to DVOL

Symbol	Grade	Weight
NVDA	C	7.17%
AAPL	C	6.89%
AMZN	C	3.67%
GOOG	C	3.58%
META	D	2.44%
NOW	A	2.11%
AVGO	D	1.93%
TSLA	B	1.89%
XOM	B	1.84%
SYK	C	1.82%
CAT	B	1.74%
BRK.A	B	1.72%
LMT	D	1.61%
AMAT	F	1.34%
NFLX	A	1.33%
UNH	C	1.25%
BLK	C	1.23%
LOW	D	1.2%
LLY	F	1.19%
MS	A	1.15%
ACN	C	1.13%
KO	D	1.13%
MAR	B	1.11%
PG	A	1.11%
INTU	C	1.05%
ISRG	A	1.05%
TMO	F	1.04%
BAC	A	1.02%
JNJ	D	1.02%
CSX	B	1.01%
SO	D	1.0%
MCD	D	0.96%
HON	B	0.91%
ADI	D	0.86%
AMT	D	0.82%
PHM	D	0.8%
ABT	B	0.8%
FANG	D	0.74%
ICE	C	0.71%
BMY	B	0.71%
DLR	B	0.71%
NEE	D	0.69%
MKC	D	0.68%
ABBV	D	0.65%
DE	A	0.64%
DUK	C	0.64%
ETN	A	0.63%
C	A	0.62%
MO	A	0.6%
TYL	B	0.59%
PSA	D	0.48%
EOG	A	0.48%
ADBE	C	0.47%
AMD	F	0.45%
VRTX	F	0.45%
HCA	F	0.45%
SHW	A	0.44%
BR	A	0.42%
CMCSA	B	0.38%
AMGN	D	0.36%
FCX	D	0.35%
ADP	B	0.32%
SLB	C	0.25%

ADME Underweight 37 Positions Relative to DVOL

Symbol	Grade	Weight
RSG	A	-3.18%
KMI	A	-3.16%
DTM	B	-3.1%
WMB	A	-2.96%
MA	C	-2.74%
WELL	A	-2.69%
INGR	B	-2.63%
CB	C	-2.55%
OKE	A	-2.44%
NOC	D	-2.33%
HLT	A	-2.33%
RTX	C	-2.28%
AMP	A	-2.26%
CACI	D	-2.23%
BRO	B	-2.19%
PKG	A	-2.12%
AM	A	-1.79%
EHC	B	-1.6%
CW	B	-1.56%
AFL	B	-1.53%
GWW	B	-1.47%
HEI	B	-1.46%
WAB	B	-1.42%
AIG	B	-1.41%
CAH	B	-1.29%
ALL	A	-1.27%
TRV	B	-1.24%
ENSG	D	-1.24%
HLI	B	-1.23%
PTC	A	-1.21%
BRX	A	-1.08%
SF	B	-1.06%
TW	A	-1.03%
RGA	A	-1.01%
WRB	A	-0.98%
MTG	C	-0.95%
TDG	D	-0.85%