AIRR vs. CSB ETF Comparison

Comparison of First Trust RBA American Industrial Renaissance ETF (AIRR) to Compass EMP US Small Cap High Dividend 100 Volatility Weighted Index ETF (CSB)

AIRR

First Trust RBA American Industrial Renaissance ETF

AIRR 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 Richard Bernstein Advisors American Industrial Renaissance Index (the "index"). The fund will normally invest at least 90% of its net assets (plus the amount of any borrowings for investment purposes) in U.S. equity securities that comprise the index. The index is designed to measure the performance of small and mid cap U.S. companies in the industrial and community banking sectors. It is non-diversified.

Grade (RS Rating)

Last Trade

$65.03

Average Daily Volume

99,799

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CSB

Compass EMP US Small Cap High Dividend 100 Volatility Weighted Index ETF

CSB Description

CSB's take on the US small-cap space mirrors that of its large-cap sibling, CDL. To qualify for this fund, a company must be among the 500 largest US companies under 3 billion USD in market cap and must have positive earnings for the four most recent quarters. The index selects the 100 highest dividend-yielding stocks from this group and weights them by inverse volatility, giving overweight to low-vol stocks. The index applies 20% country cap and 25% sector cap with semi-annual reconstitution starting each March. The funds closest peers are sibling funds: CSA, which has the same exposure but without the dividend yield screen, and CSF with a cash toggle feature during downturns.

Grade (RS Rating)

Last Trade

$54.35

Average Daily Volume

22,768

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AIRR	CSB
30 Days	-1.28%	-0.79%
60 Days	1.40%	1.35%
90 Days	12.63%	2.91%
12 Months	42.85%	14.11%

5 Overlapping Holdings

Symbol	Grade	Weight in AIRR	Weight in CSB	Overlap
ASB	A	0.72%	0.93%	0.72%
FFBC	A	0.73%	0.97%	0.73%
FRME	A	0.64%	1.02%	0.64%
FULT	A	0.68%	0.99%	0.68%
MDU	A	3.92%	1.69%	1.69%

AIRR Overweight 39 Positions Relative to CSB

Symbol	Grade	Weight
POWL	B	4.46%
MLI	A	4.11%
DY	A	3.94%
STRL	D	3.93%
MTZ	A	3.92%
ATKR	B	3.91%
EME	A	3.89%
HUBB	D	3.82%
FSS	B	3.8%
FIX	D	3.79%
CLH	A	3.79%
RBC	D	3.66%
SHLS	F	3.64%
PRIM	A	3.49%
GVA	A	3.34%
ROAD	D	3.24%
ACA	D	2.45%
AMRC	F	2.44%
WNC	F	2.35%
GBX	B	2.32%
BLBD	D	2.29%
MWA	A	2.25%
LMB	B	2.1%
TPC	A	1.26%
FNB	B	1.19%
PLOW	D	1.1%
ASTE	D	0.99%
PRLB	F	0.87%
ANET	D	0.86%
WTFC	C	0.79%
ONB	A	0.76%
FCF	A	0.71%
PRK	A	0.62%
SRCE	B	0.6%
PEBO	A	0.6%
GABC	C	0.6%
HTLF	A	0.59%
QCRH	D	0.49%
LKFN	C	0.48%

AIRR Underweight 94 Positions Relative to CSB

Symbol	Grade	Weight
MGEE	A	-1.78%
WEN	B	-1.54%
NFG	A	-1.5%
NJR	A	-1.48%
SR	A	-1.47%
NWE	A	-1.45%
MSM	D	-1.44%
POR	A	-1.4%
AWR	C	-1.39%
ALE	A	-1.37%
OGS	A	-1.36%
AVT	A	-1.32%
MAN	B	-1.3%
SWX	A	-1.29%
AVA	A	-1.28%
SJW	D	-1.27%
GEF	D	-1.25%
R	A	-1.25%
KNTK	A	-1.25%
VIRT	A	-1.24%
BKH	A	-1.24%
CWT	A	-1.21%
WU	C	-1.19%
CPK	A	-1.18%
NWN	A	-1.17%
TGNA	D	-1.17%
HRB	B	-1.15%
NOG	B	-1.15%
PINC	D	-1.14%
ETRN	B	-1.14%
JXN	A	-1.09%
NAVI	F	-1.08%
LEVI	A	-1.08%
SXT	A	-1.07%
AVNT	A	-1.03%
AROC	B	-1.02%
HNI	C	-1.02%
NWBI	D	-1.02%
FHB	A	-1.01%
NBTB	A	-1.01%
CALM	D	-1.0%
OXM	A	-1.0%
NHC	C	-1.0%
CRI	F	-0.99%
KMT	F	-0.99%
BANR	D	-0.97%
CAKE	D	-0.96%
APAM	D	-0.96%
UBSI	D	-0.95%
DK	F	-0.95%
ENR	B	-0.93%
BLMN	D	-0.91%
TRN	A	-0.9%
AESI	B	-0.89%
TNL	D	-0.88%
CBU	D	-0.88%
WAFD	D	-0.88%
WSBC	D	-0.87%
HP	D	-0.87%
CVI	F	-0.87%
AUB	D	-0.87%
CWEN	A	-0.86%
PZZA	F	-0.86%
INDB	B	-0.84%
SFNC	D	-0.83%
DAN	B	-0.81%
BKE	D	-0.81%
AAP	C	-0.8%
KTB	A	-0.79%
VGR	D	-0.79%
FIBK	A	-0.77%
JACK	F	-0.77%
VAC	B	-0.77%
PPBI	D	-0.76%
CCOI	D	-0.76%
SNV	C	-0.76%
PDCO	F	-0.75%
CBRL	F	-0.72%
CVBF	D	-0.72%
BOH	D	-0.7%
BKU	A	-0.7%
CABO	F	-0.69%
LCII	F	-0.68%
COLB	B	-0.67%
YOU	F	-0.67%
PTEN	F	-0.66%
CRGY	F	-0.66%
M	D	-0.64%
SCS	D	-0.63%
JWN	B	-0.6%
GPS	D	-0.56%
CWH	F	-0.54%
SSTK	D	-0.52%
MLKN	D	-0.5%