AFSM vs. FDM ETF Comparison

Comparison of Active Factor Small Cap ETF (AFSM) to First Trust DJ Select MicroCap ETF (FDM)

AFSM

Active Factor Small Cap ETF

AFSM Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by small capitalization companies. The manager defines small capitalization companies as those that, at the time of investment, have a market capitalization between a minimum of $250 million and the maximum market capitalization of a widely recognized index of small capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$30.66

Average Daily Volume

6,352

Number of Holdings ^*

294

* may have additional holdings in another (foreign) market

FDM

First Trust DJ Select MicroCap ETF

FDM 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 Dow Jones Select MicroCap Index(SM) (the "index"). The fund will normally invest at least 80% of its net assets plus the amount of any borrowings for investment purposes in common stocks of U.S. micro-capitalization companies which are publicly traded in the United States. The index is comprised of selected U.S. micro-capitalization companies chosen from all common stocks traded on the NewYork Stock Exchange, the NYSE MKT and NASDAQ(R) with limited partnerships excluded.

Grade (RS Rating)

Last Trade

$64.07

Average Daily Volume

4,426

Number of Holdings ^*

131

* may have additional holdings in another (foreign) market

Performance

Period	AFSM	FDM
30 Days	1.74%	0.40%
60 Days	-0.29%	-2.99%
90 Days	8.37%	6.73%
12 Months	27.04%	17.67%

11 Overlapping Holdings

Symbol	Grade	Weight in AFSM	Weight in FDM	Overlap
CCRN	F	0.38%	0.92%	0.38%
CWCO	F	0.15%	0.75%	0.15%
DAKT	D	0.79%	0.96%	0.79%
ETH	D	0.05%	1.4%	0.05%
KELYA	D	0.23%	1.31%	0.23%
MOV	F	0.14%	0.59%	0.14%
RMR	C	0.49%	0.7%	0.49%
SD	F	0.18%	0.73%	0.18%
SIGA	F	0.25%	0.63%	0.25%
TCMD	C	0.28%	0.64%	0.28%
UVE	C	0.74%	1.1%	0.74%

AFSM Overweight 283 Positions Relative to FDM

Symbol	Grade	Weight
NHC	D	1.22%
MLI	B	1.13%
ALKS	D	0.96%
SKYW	C	0.94%
IDCC	B	0.93%
CPRX	C	0.9%
ANF	D	0.87%
MHO	B	0.87%
TNK	D	0.82%
MTG	B	0.82%
SFM	B	0.81%
RDN	D	0.81%
HALO	D	0.8%
PFBC	D	0.8%
CRS	C	0.77%
BCC	C	0.75%
TMHC	B	0.73%
CVLT	B	0.71%
TBBK	C	0.69%
NMIH	C	0.68%
EME	B	0.68%
ZETA	C	0.67%
FIX	B	0.66%
COOP	C	0.66%
NHI	C	0.66%
BMI	B	0.65%
JXN	B	0.65%
UFPT	D	0.64%
LNTH	D	0.62%
PLUS	B	0.62%
NTB	D	0.62%
SLG	C	0.62%
HWKN	B	0.62%
CRVL	B	0.61%
CALM	B	0.61%
STRL	C	0.61%
KBH	C	0.6%
SANM	D	0.6%
OFG	C	0.59%
DOLE	B	0.59%
AROC	D	0.59%
COKE	C	0.59%
MUSA	D	0.59%
GMED	D	0.58%
ACT	C	0.58%
STBA	D	0.58%
SLVM	C	0.58%
FDP	C	0.57%
GMS	C	0.57%
CEIX	C	0.56%
PRK	D	0.56%
MCY	C	0.56%
DFIN	D	0.55%
HSII	C	0.55%
APPF	C	0.53%
SUPN	D	0.53%
CHCO	D	0.53%
PI	B	0.52%
REZI	D	0.51%
AMWD	C	0.51%
HRB	C	0.51%
TEX	F	0.5%
BXC	D	0.5%
BELFB	C	0.5%
IIPR	B	0.5%
BTU	C	0.49%
BRBR	B	0.48%
EVER	D	0.48%
BLBD	D	0.48%
WFRD	F	0.47%
TGNA	C	0.47%
LPG	F	0.46%
YOU	B	0.46%
ADUS	C	0.46%
EGBN	D	0.46%
PINC	D	0.46%
VRNT	F	0.45%
PRDO	D	0.45%
DDS	D	0.44%
PLAB	D	0.43%
HRMY	B	0.43%
ESNT	B	0.43%
CAL	F	0.42%
CSWI	B	0.42%
RXST	D	0.41%
MTH	C	0.41%
SPNS	D	0.41%
CORT	B	0.41%
WNC	F	0.41%
TMDX	C	0.4%
YMAB	D	0.4%
LGND	D	0.39%
SIG	C	0.39%
CNXN	B	0.39%
M	F	0.39%
ANIP	F	0.38%
AMR	D	0.38%
HIW	C	0.38%
PBF	F	0.37%
INMD	D	0.37%
GRBK	B	0.37%
POWL	B	0.37%
BDC	B	0.36%
PRGS	A	0.36%
CVNA	B	0.36%
ASO	D	0.36%
TWI	D	0.36%
PDM	C	0.36%
SCS	D	0.35%
ODP	F	0.35%
HDSN	D	0.34%
BPMC	F	0.34%
FBP	C	0.34%
AVNS	C	0.34%
HIMS	D	0.33%
ATKR	F	0.33%
LOPE	D	0.33%
APOG	B	0.32%
BNL	B	0.32%
LRN	B	0.32%
CASH	D	0.32%
QTWO	C	0.32%
CRAI	C	0.32%
MATX	B	0.32%
MOG.A	B	0.32%
PRMW	C	0.31%
ASC	D	0.31%
SBRA	C	0.31%
TRMK	D	0.31%
RDNT	B	0.31%
CUZ	C	0.31%
DXC	D	0.31%
PFS	C	0.3%
VRNS	B	0.3%
CMC	D	0.3%
BKE	B	0.3%
TILE	C	0.3%
GIII	D	0.29%
AKR	B	0.29%
IBOC	D	0.29%
MEDP	F	0.29%
CNK	C	0.29%
HUBG	C	0.28%
VIRT	C	0.28%
THFF	D	0.28%
PRG	C	0.28%
GEO	F	0.28%
ATGE	C	0.28%
USLM	B	0.28%
BKH	B	0.28%
PHIN	C	0.27%
INSW	C	0.27%
AZZ	C	0.27%
MD	C	0.27%
DNOW	F	0.27%
GNK	C	0.27%
BKU	D	0.26%
PSN	B	0.26%
HCI	C	0.26%
BHE	C	0.26%
HURN	C	0.26%
IESC	B	0.25%
ITCI	D	0.25%
ADMA	C	0.25%
MRVI	D	0.25%
AMKR	F	0.25%
SMP	D	0.24%
VNDA	F	0.24%
PRM	B	0.24%
MED	F	0.24%
IMKTA	D	0.24%
NUS	F	0.23%
HCC	D	0.23%
ABG	D	0.23%
SBH	B	0.23%
NSSC	F	0.22%
PIPR	B	0.22%
ENS	C	0.22%
HLX	D	0.22%
HOV	D	0.22%
LMAT	B	0.22%
KN	D	0.22%
ONTO	C	0.22%
NTCT	C	0.22%
INTA	C	0.22%
CMPR	F	0.22%
DHT	C	0.22%
NX	F	0.21%
PK	D	0.21%
NAVI	D	0.21%
HAE	D	0.21%
XRX	D	0.21%
BLFS	D	0.21%
STNG	D	0.21%
AXSM	C	0.2%
HY	F	0.2%
ASGN	D	0.2%
GOGL	C	0.2%
KRC	C	0.2%
WABC	D	0.2%
TNC	D	0.2%
EXTR	C	0.2%
ADNT	D	0.19%
SXC	F	0.19%
OSCR	D	0.19%
CRDO	D	0.19%
VSH	F	0.19%
VCTR	B	0.18%
SCVL	C	0.18%
SGBX	F	0.18%
GES	F	0.18%
UCTT	D	0.18%
BRC	B	0.17%
NVST	D	0.17%
TPC	C	0.16%
AGX	B	0.16%
SCSC	D	0.15%
TGTX	C	0.15%
HROW	C	0.15%
ASTH	B	0.14%
ALRM	F	0.14%
TWST	D	0.14%
TARS	D	0.14%
CECO	C	0.14%
MAX	C	0.14%
CLW	F	0.14%
CSGS	C	0.13%
CHRD	F	0.13%
AYI	B	0.13%
AIT	B	0.12%
CGEM	F	0.12%
METC	F	0.12%
INVA	C	0.12%
EIG	C	0.12%
SPSC	D	0.11%
AMCX	F	0.11%
ALKT	D	0.11%
PCRX	F	0.11%
YEXT	C	0.1%
GFF	C	0.1%
KRYS	D	0.09%
MLKN	F	0.09%
RAMP	F	0.09%
OMI	D	0.08%
TPH	C	0.08%
KTB	B	0.08%
CTRE	C	0.08%
AMN	F	0.07%
NSIT	C	0.07%
KSS	D	0.07%
WGO	D	0.07%
COLL	C	0.06%
VSTO	C	0.06%
EOLS	C	0.06%
JWN	C	0.06%
ATEN	C	0.05%
OTTR	F	0.05%
REVG	D	0.05%
ANDE	D	0.05%
SWX	C	0.05%
CTS	D	0.05%
PHR	F	0.05%
GRND	C	0.05%
FTDR	B	0.05%
APAM	C	0.05%
HE	F	0.05%
OGS	B	0.05%
AMPH	D	0.05%
SWI	B	0.04%
JBI	F	0.04%
EMBC	D	0.04%
PGNY	F	0.04%
TDC	D	0.04%
LBRT	F	0.04%
SEMR	C	0.04%
FORM	F	0.04%
ACLS	F	0.03%
RYI	F	0.03%
VITL	C	0.03%
ACIW	B	0.02%
MITK	F	0.0%
MAIN	B	0.0%
EPAC	B	0.0%

AFSM Underweight 120 Positions Relative to FDM

Symbol	Grade	Weight
VMEO	C	-1.54%
ASIX	B	-1.48%
CPF	C	-1.48%
LMB	C	-1.47%
BJRI	D	-1.47%
SPTN	C	-1.43%
HAYN	D	-1.42%
ASTE	F	-1.4%
TPB	B	-1.39%
RGR	F	-1.39%
IBCP	D	-1.39%
PTLO	C	-1.37%
MLR	D	-1.33%
GLDD	C	-1.31%
HCKT	C	-1.28%
PLOW	C	-1.26%
EGY	D	-1.18%
IMXI	D	-1.18%
SWBI	F	-1.16%
MCB	C	-1.15%
EZPW	D	-1.07%
LEU	B	-1.04%
SMBC	C	-1.03%
WLDN	B	-1.01%
LQDT	C	-0.98%
ARKO	C	-0.97%
AROW	D	-0.95%
FC	C	-0.9%
CCBG	C	-0.9%
NBN	B	-0.88%
KE	F	-0.87%
CSV	C	-0.85%
MPB	C	-0.85%
DHIL	C	-0.85%
SHBI	C	-0.84%
LYTS	C	-0.83%
NWPX	B	-0.83%
SNCY	D	-0.83%
ANET	C	-0.81%
MOFG	D	-0.81%
WRLD	D	-0.81%
TIPT	C	-0.81%
CCSI	C	-0.79%
LXU	D	-0.78%
ESQ	B	-0.78%
FISI	C	-0.78%
BSRR	D	-0.77%
HRTG	C	-0.76%
NPK	D	-0.76%
NRIM	C	-0.75%
GLRE	C	-0.73%
TTI	F	-0.69%
HVT	F	-0.69%
CENT	F	-0.69%
LINC	D	-0.68%
ODC	D	-0.67%
LOCO	C	-0.67%
EE	A	-0.67%
PLPC	C	-0.67%
OPY	D	-0.66%
FMAO	B	-0.66%
ARTNA	F	-0.66%
KODK	D	-0.66%
AMSWA	C	-0.65%
USAP	C	-0.64%
CMPO	B	-0.64%
ITIC	C	-0.64%
WLFC	C	-0.63%
NECB	B	-0.62%
DCGO	F	-0.59%
CRCT	C	-0.59%
SENEA	B	-0.58%
VPG	F	-0.58%
RM	B	-0.57%
AVNW	F	-0.54%
INBK	D	-0.53%
TRDA	D	-0.52%
NEWT	D	-0.52%
MCFT	F	-0.51%
ACIC	D	-0.48%
JRVR	F	-0.47%
AMPY	F	-0.46%
NGVC	C	-0.45%
HBB	B	-0.44%
TASK	F	-0.43%
PKOH	C	-0.43%
MITT	B	-0.41%
RCKY	C	-0.41%
VLGEA	C	-0.4%
FSTR	D	-0.38%
LEGH	C	-0.38%
NGS	D	-0.37%
HNRG	C	-0.35%
EML	C	-0.35%
REPX	D	-0.34%
ACTG	D	-0.33%
NATR	F	-0.33%
TAYD	D	-0.32%
FLXS	B	-0.32%
BTMD	F	-0.32%
PWOD	B	-0.32%
SGC	D	-0.31%
KRT	F	-0.28%
FF	D	-0.28%
EARN	B	-0.27%
BBCP	F	-0.27%
LSEA	D	-0.27%
ACU	D	-0.26%
VIRC	D	-0.26%
TWIN	D	-0.26%
LAKE	D	-0.26%
JILL	F	-0.24%
PEBK	F	-0.24%
LWAY	C	-0.21%
ESOA	D	-0.18%
FEIM	D	-0.16%
KEQU	F	-0.15%
CSPI	D	-0.15%
INTT	F	-0.15%
REI	F	-0.14%