CSB vs. FIW ETF Comparison

Comparison of Compass EMP US Small Cap High Dividend 100 Volatility Weighted Index ETF (CSB) to First Trust ISE Water Index Fund (FIW)

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

$54.05

Average Daily Volume

23,536

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FIW

First Trust ISE Water Index Fund

FIW 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 ISE Water Index(TM). 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 index is a modified market-capitalization weighted portfolio of 36 stocks of companies as of March 31, 2013 that derive a substantial portion of their revenues from the potable and wastewater industries. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$99.91

Average Daily Volume

36,122

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CSB	FIW
30 Days	-2.83%	-2.05%
60 Days	2.22%	2.87%
90 Days	0.71%	8.37%
12 Months	10.28%	23.07%

3 Overlapping Holdings

Symbol	Grade	Weight in CSB	Weight in FIW	Overlap
AWR	D	1.38%	1.92%	1.38%
CWT	C	1.2%	1.97%	1.2%
SJW	F	1.27%	1.22%	1.22%

CSB Overweight 96 Positions Relative to FIW

Symbol	Grade	Weight
MGEE	A	1.76%
MDU	A	1.69%
WEN	A	1.52%
MSM	D	1.48%
NFG	A	1.48%
NJR	A	1.46%
NWE	A	1.44%
SR	A	1.43%
ALE	A	1.37%
POR	A	1.36%
OGS	B	1.35%
AVT	A	1.31%
GEF	D	1.31%
SWX	A	1.28%
KNTK	A	1.27%
AVA	A	1.26%
MAN	A	1.24%
BKH	A	1.23%
R	A	1.22%
VIRT	A	1.22%
NOG	A	1.18%
TGNA	F	1.18%
WU	B	1.17%
CPK	A	1.16%
HRB	D	1.16%
PINC	D	1.16%
NWN	A	1.13%
NAVI	F	1.12%
ETRN	A	1.1%
SXT	A	1.1%
CALM	B	1.07%
AROC	A	1.06%
NWBI	D	1.05%
DK	B	1.04%
AVNT	A	1.04%
HNI	C	1.03%
JXN	A	1.03%
LEVI	A	1.03%
APAM	D	1.02%
NHC	C	1.01%
CRI	F	1.01%
OXM	A	1.0%
FRME	A	1.0%
KMT	F	1.0%
NBTB	B	0.98%
FHB	A	0.98%
FULT	B	0.98%
BANR	C	0.96%
CAKE	B	0.95%
FFBC	A	0.94%
CVI	D	0.93%
UBSI	D	0.93%
BLMN	D	0.93%
ENR	C	0.92%
ASB	B	0.92%
TRN	A	0.91%
AESI	A	0.91%
HP	B	0.89%
WAFD	B	0.87%
WSBC	D	0.87%
TNL	B	0.87%
AUB	D	0.87%
CBU	D	0.86%
CWEN	B	0.86%
PZZA	D	0.86%
SFNC	D	0.84%
BKE	C	0.83%
INDB	B	0.81%
JACK	F	0.81%
DAN	C	0.8%
SNV	C	0.79%
VGR	D	0.78%
CCOI	D	0.77%
AAP	B	0.76%
PDCO	D	0.76%
VAC	B	0.76%
FIBK	B	0.75%
PPBI	D	0.75%
CBRL	F	0.74%
CRGY	F	0.73%
KTB	B	0.72%
YOU	F	0.72%
BOH	C	0.72%
CABO	F	0.7%
LCII	D	0.7%
CVBF	D	0.7%
PTEN	F	0.68%
M	D	0.67%
BKU	B	0.66%
SCS	C	0.65%
COLB	C	0.63%
GPS	C	0.63%
JWN	B	0.58%
CWH	F	0.57%
SSTK	D	0.52%
MLKN	C	0.51%

CSB Underweight 30 Positions Relative to FIW

Symbol	Grade	Weight
VLTO	A	-4.2%
XYL	A	-4.04%
AWK	C	-4.0%
ROP	D	-3.94%
IEX	D	-3.88%
A	C	-3.88%
ECL	C	-3.88%
AOS	B	-3.65%
ACM	A	-3.63%
WTRG	B	-3.59%
PNR	C	-3.54%
WAT	C	-3.53%
CNM	A	-3.41%
WMS	C	-3.34%
IDXX	D	-3.32%
MLI	A	-3.11%
TTEK	A	-3.1%
WTS	D	-2.99%
PRMW	A	-2.28%
BMI	A	-2.27%
FLS	A	-2.16%
ZWS	D	-2.01%
VMI	F	-1.99%
ITRI	A	-1.96%
FELE	B	-1.95%
HWKN	B	-1.34%
SBS	B	-1.26%
MWA	A	-1.26%
LNN	D	-1.22%
MEG	A	-1.17%