BEEZ vs. DVLU ETF Comparison

Comparison of Honeytree U.S. Equity ETF (BEEZ) to First Trust Dorsey Wright Momentum & Value ETF (DVLU)

BEEZ

Honeytree U.S. Equity ETF

BEEZ Description

The fund is an actively managed exchange-traded fund ("ETF") sub-advised by Honeytree Investment Management Ltd. (the "Sub-Adviser"). The fund does not seek to replicate the performance of a specified index. The fund seeks to achieve its investment objective by investing at least 80% of the fund"s net assets, plus borrowings for investment purposes in a concentrated portfolio of large-cap and mid-cap U.S. listed equity stocks.

Grade (RS Rating)

Last Trade

$33.02

Average Daily Volume

597

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DVLU

First Trust Dorsey Wright Momentum & Value ETF

DVLU 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 Value 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 most undervalued stocks comprising the NASDAQ US Large Mid Index that exhibit high levels of "relative strength." The fund is non-diversified.

Grade (RS Rating)

Last Trade

$32.34

Average Daily Volume

4,684

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BEEZ	DVLU
30 Days	1.81%	4.63%
60 Days	2.14%	4.77%
90 Days	5.66%	6.59%
12 Months	25.81%	38.44%

0 Overlapping Holdings

	Symbol	Grade	Weight in BEEZ	Weight in DVLU	Overlap

BEEZ Overweight 25 Positions Relative to DVLU

Symbol	Grade	Weight
EW	C	4.33%
APD	A	4.24%
COST	B	4.15%
EQIX	A	4.13%
CMI	A	4.1%
AMT	D	4.1%
HD	A	4.1%
V	A	4.09%
ZTS	D	4.09%
NOW	A	4.08%
ACN	C	4.04%
FAST	B	4.02%
MA	C	4.02%
WTS	B	4.02%
ITW	B	3.96%
ATR	B	3.93%
INTU	C	3.92%
SHW	A	3.9%
MAS	D	3.84%
TSCO	D	3.81%
A	D	3.8%
TMO	F	3.78%
OLED	D	3.75%
TXN	C	3.72%
LRCX	F	3.64%

BEEZ Underweight 50 Positions Relative to DVLU

Symbol	Grade	Weight
COF	B	-3.43%
RGA	A	-3.13%
CAH	B	-3.1%
JXN	C	-3.09%
TMHC	B	-3.05%
TRV	B	-2.93%
DELL	C	-2.92%
INGR	B	-2.78%
KBH	D	-2.78%
OC	A	-2.77%
AIG	B	-2.76%
BPOP	B	-2.7%
TOL	B	-2.69%
MTH	D	-2.66%
FCNCA	A	-2.63%
THC	D	-2.63%
UHS	D	-2.44%
MHK	D	-2.43%
PHM	D	-2.33%
CB	C	-2.19%
LEN	D	-2.18%
DHI	D	-2.15%
WAL	B	-2.14%
NRG	B	-2.11%
ALL	A	-2.09%
SF	B	-1.99%
GS	A	-1.83%
JLL	D	-1.83%
USFD	A	-1.75%
JPM	A	-1.72%
MTG	C	-1.69%
JEF	A	-1.66%
ACGL	D	-1.64%
WRB	A	-1.54%
KMI	A	-1.49%
OKE	A	-1.46%
AYI	B	-1.32%
EME	C	-1.26%
FLR	B	-1.22%
HCA	F	-1.16%
CBRE	B	-1.14%
KEX	C	-1.1%
AFL	B	-1.09%
DKS	C	-1.07%
MUSA	A	-1.03%
DVA	B	-1.02%
CASY	A	-1.01%
AM	A	-0.99%
NSIT	F	-0.92%
CACI	D	-0.81%