CVMC vs. FCTR ETF Comparison

Comparison of Morgan Stanley ETF Trust Calvert US Mid-Cap Core Responsible Index ETF (CVMC) to First Trust Lunt U.S. Factor Rotation ETF (FCTR)

CVMC

Morgan Stanley ETF Trust Calvert US Mid-Cap Core Responsible Index ETF

CVMC Description

Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in securities included in the underlying index. The index is composed of common stocks of mid-size companies that operate their businesses in a manner consistent with the Calvert Principles for Responsible Investment.

Grade (RS Rating)

Last Trade

$60.07

Average Daily Volume

3,905

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FCTR

First Trust Lunt U.S. Factor Rotation ETF

FCTR 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 Lunt Capital Large Cap Factor Rotation Index (the "index"). The fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the index. The index is designed to provide exposure to U.S. large cap equities grouped into four separate factors, with factors emphasized within the index as they come into favor in the U.S. marketplace. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$31.05

Average Daily Volume

8,099

Number of Holdings ^*

155

* may have additional holdings in another (foreign) market

Performance

Period	CVMC	FCTR
30 Days	3.24%	5.02%
60 Days	4.74%	1.51%
90 Days	9.32%	0.26%
12 Months	27.05%	27.01%

5 Overlapping Holdings

Symbol	Grade	Weight in CVMC	Weight in FCTR	Overlap
ADSK	B	0.58%	0.41%	0.41%
BK	B	0.52%	0.52%	0.52%
FTNT	B	0.52%	0.42%	0.42%
TTD	B	0.48%	0.64%	0.48%
URI	B	0.51%	0.48%	0.48%

CVMC Overweight 5 Positions Relative to FCTR

Symbol	Grade	Weight
KMB	C	0.5%
CCI	C	0.5%
ALL	C	0.5%
IQV	D	0.48%
D	C	0.48%

CVMC Underweight 150 Positions Relative to FCTR

Symbol	Grade	Weight
NVDA	C	-2.11%
VRT	C	-1.96%
PLTR	C	-1.69%
PAYX	C	-1.52%
VST	B	-1.45%
MA	B	-1.44%
BRO	C	-1.41%
ITW	B	-1.4%
V	C	-1.38%
FICO	B	-1.38%
CTAS	C	-1.3%
CL	C	-1.28%
SYY	C	-1.25%
PG	C	-1.2%
LLY	D	-1.18%
MSI	B	-1.18%
TDG	B	-1.16%
ADP	C	-1.12%
AVGO	C	-1.11%
COIN	F	-1.06%
NTNX	D	-1.05%
ROST	C	-1.04%
VRSK	D	-1.03%
ROL	C	-1.01%
FDS	C	-0.99%
ALNY	C	-0.99%
BR	C	-0.97%
SYK	C	-0.97%
APO	B	-0.95%
AXON	B	-0.94%
ANET	C	-0.94%
YUM	B	-0.92%
RSG	D	-0.91%
VRSN	C	-0.89%
ISRG	C	-0.83%
ATO	B	-0.82%
MANH	B	-0.78%
TT	B	-0.77%
CEG	C	-0.76%
AAPL	C	-0.73%
WM	D	-0.72%
TMUS	B	-0.71%
MDLZ	C	-0.71%
HON	C	-0.71%
META	B	-0.7%
SBAC	C	-0.7%
AME	C	-0.69%
CDNS	D	-0.67%
CSCO	B	-0.67%
ACGL	B	-0.67%
CHD	C	-0.66%
KKR	B	-0.65%
TJX	C	-0.65%
MCD	B	-0.65%
MSFT	C	-0.64%
KO	B	-0.64%
MPWR	B	-0.63%
RBLX	C	-0.62%
CMG	D	-0.61%
UBER	C	-0.61%
MMC	C	-0.6%
SNPS	F	-0.59%
LMT	A	-0.59%
ARES	B	-0.59%
L	D	-0.58%
JNJ	C	-0.57%
DRI	C	-0.57%
HIG	B	-0.56%
KMI	C	-0.56%
WAB	B	-0.56%
DECK	C	-0.56%
RIVN	F	-0.55%
PANW	D	-0.55%
NOW	C	-0.55%
PODD	C	-0.54%
BLDR	C	-0.53%
GD	C	-0.52%
ETR	A	-0.52%
MSCI	C	-0.52%
AMT	C	-0.52%
MCO	C	-0.52%
DKNG	C	-0.51%
WMB	C	-0.5%
FAST	C	-0.5%
REGN	D	-0.48%
NET	D	-0.48%
PSA	C	-0.48%
DDOG	D	-0.48%
RCL	B	-0.48%
MDT	B	-0.47%
ZS	F	-0.47%
O	B	-0.47%
TRV	C	-0.47%
AMP	B	-0.47%
HWM	B	-0.47%
NFLX	B	-0.47%
OTIS	B	-0.47%
ELV	D	-0.47%
CRWD	D	-0.46%
HLT	B	-0.46%
AON	B	-0.46%
ADBE	F	-0.45%
CSL	B	-0.45%
TRGP	C	-0.44%
AVY	C	-0.44%
MRK	F	-0.43%
XYL	C	-0.43%
UNP	D	-0.43%
ZTS	B	-0.43%
BSY	C	-0.43%
KLAC	D	-0.42%
MDB	D	-0.42%
IDXX	D	-0.42%
PFG	B	-0.41%
HUBS	D	-0.4%
DPZ	D	-0.4%
AIG	D	-0.4%
INTU	D	-0.4%
SNOW	F	-0.4%
ORLY	B	-0.39%
IEX	C	-0.38%
MCK	F	-0.38%
LW	D	-0.35%
AMAT	D	-0.35%
SNAP	D	-0.34%
WDAY	D	-0.34%
HUBB	B	-0.32%
MPC	F	-0.32%
PWR	B	-0.31%
GWW	B	-0.3%
MAS	B	-0.3%
BAH	B	-0.29%
COST	C	-0.29%
WRB	D	-0.28%
APH	C	-0.28%
PH	B	-0.27%
CB	B	-0.27%
IT	C	-0.27%
VICI	C	-0.27%
BKNG	B	-0.26%
ENTG	D	-0.26%
BRK.A	C	-0.26%
PEP	D	-0.24%
CPAY	B	-0.24%
DXCM	F	-0.24%
HSY	D	-0.23%
CPRT	D	-0.23%
MNST	D	-0.21%
PCAR	D	-0.19%
LECO	D	-0.17%