AIRR vs. NSCS ETF Comparison

Comparison of First Trust RBA American Industrial Renaissance ETF (AIRR) to Nuveen Small Cap Select ETF (NSCS)

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

$85.17

Average Daily Volume

376,961

Number of Holdings ^*

* may have additional holdings in another (foreign) market

NSCS

Nuveen Small Cap Select ETF

NSCS Description

The investment seeks capital appreciation. Under normal market conditions, the fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in exchange-traded common stocks of small-capitalization companies. It may invest up to 15% of its total assets in non-dollar denominated equity securities of non-U.S. issuers listed on a foreign exchange that trade on such exchange contemporaneously with the shares of the fund. Up to 15% of the fund's total assets may be invested in equity securities of emerging market issuers.

Grade (RS Rating)

Last Trade

$30.81

Average Daily Volume

138

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AIRR	NSCS
30 Days	11.77%	11.34%
60 Days	13.97%	11.01%
90 Days	17.03%	11.34%
12 Months	66.54%	38.43%

4 Overlapping Holdings

Symbol	Grade	Weight in AIRR	Weight in NSCS	Overlap
ACA	A	1.75%	1.41%	1.41%
AIT	A	3.3%	1.75%	1.75%
KEX	C	2.96%	1.05%	1.05%
WTFC	A	1.41%	2.5%	1.41%

AIRR Overweight 48 Positions Relative to NSCS

Symbol	Grade	Weight
MLI	C	3.42%
AAON	B	3.32%
GVA	A	3.25%
EME	C	3.09%
RBC	A	3.04%
BWXT	B	2.98%
ZWS	B	2.93%
MDU	D	2.9%
MSM	C	2.87%
CHRW	C	2.82%
HRI	B	2.74%
ATKR	C	2.73%
DY	D	2.72%
CLH	B	2.71%
PRIM	A	2.63%
CNM	D	2.56%
MTZ	B	2.55%
FIX	A	2.52%
FSS	B	2.38%
WMS	D	2.33%
ROAD	A	2.16%
HII	D	2.08%
MWA	B	1.74%
FNB	A	1.72%
STRL	B	1.71%
ASB	B	1.42%
ONB	B	1.38%
MRCY	B	1.28%
GBX	A	1.15%
HEES	B	1.12%
VSEC	C	1.06%
BLBD	D	0.96%
FULT	A	0.94%
TGI	B	0.91%
POWL	C	0.91%
WNC	C	0.91%
DNOW	B	0.87%
FFBC	A	0.87%
LMB	A	0.83%
TPC	C	0.81%
PRLB	A	0.8%
XMTR	C	0.78%
PRK	B	0.78%
FRME	B	0.77%
FCF	A	0.67%
AMRC	F	0.62%
LKFN	B	0.57%
TRNS	D	0.53%

AIRR Underweight 71 Positions Relative to NSCS

Symbol	Grade	Weight
EVR	B	-2.27%
PIPR	B	-2.11%
MGNI	A	-1.9%
BANR	B	-1.87%
SSB	B	-1.87%
NOG	A	-1.84%
ESE	B	-1.66%
LITE	B	-1.58%
HQY	B	-1.57%
SUM	B	-1.56%
KTOS	B	-1.56%
MMSI	B	-1.55%
GDYN	B	-1.54%
WK	B	-1.5%
CMC	B	-1.49%
FIBK	A	-1.48%
EHC	B	-1.42%
FLR	B	-1.4%
NPO	A	-1.39%
BYD	C	-1.39%
HOMB	A	-1.39%
QTWO	A	-1.38%
AVNT	B	-1.38%
ITRI	B	-1.38%
AVAV	D	-1.37%
RDNT	B	-1.34%
MMS	F	-1.33%
RBRK	A	-1.32%
BKH	A	-1.28%
SHOO	D	-1.28%
TPH	D	-1.27%
SHAK	C	-1.27%
SIG	B	-1.25%
PFBC	B	-1.25%
MTDR	B	-1.24%
STAG	F	-1.23%
EGP	F	-1.23%
GKOS	B	-1.17%
PAR	B	-1.16%
ARCB	C	-1.16%
TROX	D	-1.1%
BRBR	A	-1.09%
EVRI	A	-1.05%
ZD	C	-1.04%
ICHR	C	-1.02%
ONTO	D	-0.95%
PRI	A	-0.9%
LADR	B	-0.9%
CVLT	B	-0.85%
VBTX	B	-0.85%
SLAB	D	-0.84%
BOOT	D	-0.83%
SR	A	-0.82%
ESTA	D	-0.77%
SIBN	F	-0.76%
HALO	F	-0.76%
FROG	C	-0.74%
CRNX	C	-0.72%
INN	D	-0.67%
KRYS	B	-0.67%
INSM	C	-0.63%
ACHC	F	-0.61%
VTLE	C	-0.61%
OPCH	D	-0.54%
PCVX	D	-0.54%
TTMI	B	-0.53%
MDGL	B	-0.52%
ATEC	C	-0.5%
TCMD	A	-0.48%
IMVT	F	-0.43%
BPMC	C	-0.32%