AIVL vs. FDL ETF Comparison

Comparison of WisdomTree U.S. AI Enhanced Value Fund (AIVL) to First Trust Morningstar ETF (FDL)

AIVL

WisdomTree U.S. AI Enhanced Value Fund

AIVL Description

WisdomTree U.S. AI Enhanced Value Fund is an exchange traded fund launched by WisdomTree Investments, Inc. It is co-managed by Voya Investment Management Co. LLC, WisdomTree Asset Management, Inc. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in value stocks of companies across diversified market capitalization. It employs quantitative analysis to create its portfolio. The fund seeks to benchmark the performance of its portfolio against the Dow Jones U.S. Select Dividend Index. It employs proprietary research to create its portfolio. WisdomTree U.S. AI Enhanced Value Fund was formed on June 16, 2006 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$110.55

Average Daily Volume

2,593

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

FDL

First Trust Morningstar ETF

FDL 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 Morningstar(R) Dividend Leaders Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The objective of the index is to offer investors a benchmark for dividend portfolios as well as a means to invest in a portfolio of stocks that have a consistent record of growing dividends as well as the ability to sustain them. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$41.77

Average Daily Volume

454,756

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AIVL	FDL
30 Days	1.92%	1.69%
60 Days	8.51%	7.97%
90 Days	11.97%	11.96%
12 Months	29.88%	33.78%

17 Overlapping Holdings

Symbol	Grade	Weight in AIVL	Weight in FDL	Overlap
AEE	A	0.26%	0.53%	0.26%
BEN	F	0.25%	0.26%	0.25%
CAG	D	0.26%	0.5%	0.26%
CNH	C	0.43%	0.33%	0.33%
CVX	B	0.45%	8.55%	0.45%
DOW	B	0.25%	1.5%	0.25%
EXC	C	0.26%	1.12%	0.26%
FLO	D	0.25%	0.14%	0.14%
KHC	F	0.73%	1.01%	0.73%
LNC	B	0.24%	0.23%	0.23%
MO	D	3.17%	4.57%	3.17%
OGE	C	0.25%	0.25%	0.25%
PFE	D	1.03%	6.56%	1.03%
PM	D	0.32%	5.54%	0.32%
UPS	D	0.26%	3.52%	0.26%
USB	C	2.49%	2.16%	2.16%
WEN	B	0.26%	0.12%	0.12%

AIVL Overweight 83 Positions Relative to FDL

Symbol	Grade	Weight
XOM	A	3.78%
CMCSA	B	3.71%
MDT	C	3.47%
ICE	A	3.27%
NDAQ	C	3.11%
OTIS	A	3.05%
ABT	C	2.89%
WY	C	2.86%
FTV	C	2.81%
RTX	A	2.55%
NI	A	2.48%
CME	A	2.44%
KDP	C	2.41%
A	B	2.38%
ROP	D	2.23%
TXT	F	2.22%
PPL	C	2.19%
INTC	D	2.09%
CNC	F	1.93%
TDY	A	1.91%
AMCR	C	1.85%
ORI	A	1.71%
HON	C	1.64%
PPG	D	1.63%
HWM	A	1.21%
PCG	C	1.17%
CNP	B	1.1%
HOLX	D	1.09%
MMM	C	0.98%
OXY	D	0.96%
HPE	B	0.96%
LKQ	F	0.94%
JCI	C	0.93%
CSX	D	0.82%
LHX	A	0.7%
RBLX	D	0.67%
SBAC	C	0.66%
QGEN	F	0.65%
WH	C	0.65%
KEYS	B	0.65%
HUN	B	0.6%
HEI	C	0.58%
NSA	D	0.56%
XP	F	0.56%
ZBH	F	0.55%
ESI	C	0.49%
BRK.A	B	0.46%
AON	A	0.45%
M	D	0.45%
NKE	D	0.43%
IWD	A	0.42%
HXL	F	0.41%
TECH	D	0.34%
FDS	C	0.33%
WFC	B	0.31%
SBUX	B	0.3%
CCL	C	0.28%
HST	D	0.26%
IEX	D	0.26%
IVZ	A	0.26%
ED	C	0.26%
SRE	C	0.26%
BWA	C	0.26%
BAX	D	0.26%
REYN	D	0.26%
INCY	B	0.25%
TRIP	D	0.25%
JKHY	A	0.25%
PAYX	B	0.25%
DCI	B	0.25%
BILL	D	0.24%
GTES	C	0.24%
PINC	F	0.24%
ASH	F	0.24%
FR	D	0.24%
BDX	C	0.24%
DXC	C	0.24%
GPC	D	0.24%
GNTX	D	0.24%
MOS	F	0.23%
IQV	F	0.23%
ELV	F	0.23%
GPN	F	0.22%

AIVL Underweight 82 Positions Relative to FDL

Symbol	Grade	Weight
VZ	C	-8.23%
ABBV	C	-7.9%
IBM	A	-4.57%
GILD	A	-2.84%
CVS	D	-2.61%
DUK	C	-2.3%
TFC	D	-1.98%
PNC	C	-1.84%
KMI	A	-1.75%
F	D	-1.73%
OKE	A	-1.68%
PRU	B	-1.39%
AEP	C	-1.33%
FANG	D	-1.22%
KMB	D	-1.17%
LYB	B	-1.01%
EIX	C	-0.89%
XEL	C	-0.88%
TROW	D	-0.81%
WEC	B	-0.76%
ETR	A	-0.74%
ES	D	-0.71%
FITB	C	-0.69%
HBAN	B	-0.64%
RF	B	-0.64%
FE	C	-0.62%
STT	A	-0.62%
KEY	B	-0.56%
BBY	C	-0.55%
CFG	C	-0.55%
EVRG	C	-0.43%
CLX	C	-0.43%
K	B	-0.42%
SWK	C	-0.4%
FNF	C	-0.37%
IPG	D	-0.36%
LNT	B	-0.36%
OMF	D	-0.35%
SJM	D	-0.34%
WHR	C	-0.31%
PNW	C	-0.29%
CMA	C	-0.28%
HAS	A	-0.28%
WU	D	-0.23%
FHN	D	-0.23%
COLB	C	-0.23%
UGI	C	-0.23%
MTN	D	-0.23%
FMC	C	-0.22%
ZION	D	-0.18%
SNV	D	-0.16%
FAF	C	-0.16%
VLY	C	-0.15%
POR	D	-0.15%
APAM	B	-0.15%
NXST	D	-0.15%
JHG	A	-0.15%
UBSI	D	-0.14%
SR	D	-0.13%
FIBK	C	-0.13%
OZK	D	-0.13%
BKH	C	-0.13%
ALE	A	-0.12%
NJR	C	-0.12%
CC	D	-0.12%
SMG	C	-0.11%
PNM	B	-0.11%
AVA	D	-0.11%
TNL	B	-0.11%
MAN	D	-0.11%
NWE	C	-0.11%
MSM	D	-0.11%
PRGO	F	-0.1%
OGS	C	-0.1%
AGR	C	-0.09%
FHB	D	-0.09%
ASB	D	-0.09%
FHI	A	-0.08%
CRI	D	-0.08%
LCII	C	-0.08%
CATY	B	-0.07%
GEF	B	-0.01%