DVLU vs. LSAF ETF Comparison

Comparison of First Trust Dorsey Wright Momentum & Value ETF (DVLU) to LeaderShares AlphaFactor US Core Equity ETF (LSAF)

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

$31.97

Average Daily Volume

4,701

Number of Holdings ^*

* may have additional holdings in another (foreign) market

LSAF

LeaderShares AlphaFactor US Core Equity ETF

LSAF Description

The investment seeks to provide investment results that correspond generally, before fees and expenses, to the performance of the AlphaFactor® US Core Equity Index. Under normal circumstances, at least 80% of the fund's net assets, including any borrowings for investment purposes, will be invested in a diversified portfolio of equity securities of U.S. common stocks included in the index. The index utilizes a quantitative rules-based investment methodology that applies a multi-factor ranking process and is focused on the largest 1,000 U.S. common stocks based on market capitalization.

Grade (RS Rating)

Last Trade

$43.22

Average Daily Volume

11,359

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DVLU	LSAF
30 Days	2.80%	3.33%
60 Days	4.04%	6.17%
90 Days	5.37%	8.22%
12 Months	36.86%	32.92%

13 Overlapping Holdings

Symbol	Grade	Weight in DVLU	Weight in LSAF	Overlap
AFL	B	1.07%	0.93%	0.93%
AIG	B	2.73%	0.96%	0.96%
DVA	C	0.98%	0.91%	0.91%
GS	A	1.83%	1.13%	1.13%
HCA	F	1.2%	0.82%	0.82%
LEN	D	2.12%	0.83%	0.83%
MHK	D	2.5%	0.83%	0.83%
MTG	C	1.68%	0.92%	0.92%
MUSA	B	1.02%	1.01%	1.01%
PHM	D	2.3%	0.84%	0.84%
THC	D	2.8%	0.94%	0.94%
TOL	B	2.64%	0.92%	0.92%
WRB	A	1.51%	1.01%	1.01%

DVLU Overweight 37 Positions Relative to LSAF

Symbol	Grade	Weight
COF	C	3.48%
JXN	C	3.39%
CAH	B	3.12%
RGA	A	3.11%
TMHC	C	3.04%
DELL	B	2.92%
TRV	B	2.89%
INGR	C	2.88%
KBH	D	2.78%
OC	A	2.68%
BPOP	C	2.66%
MTH	D	2.65%
UHS	D	2.5%
FCNCA	A	2.49%
WAL	B	2.2%
CB	C	2.16%
DHI	F	2.1%
ALL	A	2.06%
NRG	B	2.03%
SF	B	2.01%
JLL	D	1.87%
USFD	A	1.73%
JPM	A	1.68%
ACGL	C	1.63%
JEF	A	1.62%
KMI	A	1.42%
OKE	A	1.37%
AYI	B	1.37%
EME	A	1.24%
CBRE	B	1.14%
FLR	B	1.11%
KEX	B	1.09%
DKS	D	1.08%
CASY	A	1.0%
CACI	D	0.99%
NSIT	F	0.98%
AM	A	0.97%

DVLU Underweight 86 Positions Relative to LSAF

Symbol	Grade	Weight
EXEL	B	-1.3%
TRGP	A	-1.25%
SYF	B	-1.23%
FTNT	C	-1.2%
GM	C	-1.2%
AAON	B	-1.19%
EXPE	B	-1.16%
NTNX	B	-1.15%
UNM	A	-1.14%
FICO	B	-1.14%
AMP	A	-1.13%
BKNG	A	-1.12%
FI	A	-1.12%
LOPE	C	-1.12%
VST	A	-1.12%
CPAY	A	-1.12%
OWL	A	-1.11%
PLNT	A	-1.1%
TMUS	B	-1.09%
EQH	C	-1.09%
STLD	B	-1.08%
MAR	A	-1.08%
PRI	B	-1.07%
LNW	F	-1.07%
UTHR	C	-1.06%
JBL	C	-1.05%
DUOL	A	-1.05%
GOOGL	C	-1.04%
FOXA	A	-1.04%
GEN	B	-1.04%
RS	B	-1.04%
IT	C	-1.03%
PSN	D	-1.03%
CMI	A	-1.03%
KBR	F	-1.03%
SAIC	F	-1.03%
WSO	A	-1.02%
HLT	A	-1.02%
ORLY	B	-1.01%
GWRE	A	-1.01%
EXP	B	-1.01%
RL	C	-1.01%
ORI	A	-1.0%
AXP	A	-1.0%
MO	A	-1.0%
FIS	C	-0.99%
BR	A	-0.99%
AMG	B	-0.98%
LPX	B	-0.98%
EEFT	B	-0.98%
WWD	C	-0.97%
H	B	-0.97%
PVH	C	-0.96%
REG	A	-0.96%
COLM	C	-0.95%
HIG	B	-0.95%
CSL	C	-0.95%
LOW	C	-0.94%
MET	A	-0.94%
SPB	C	-0.94%
CAT	B	-0.94%
AZO	C	-0.94%
GPK	C	-0.93%
TXT	D	-0.93%
SNX	D	-0.93%
PSX	C	-0.92%
LMT	D	-0.92%
SPGI	C	-0.92%
CI	D	-0.92%
AAPL	C	-0.91%
MPC	D	-0.9%
EBAY	D	-0.89%
COKE	C	-0.89%
POST	C	-0.89%
MAS	D	-0.88%
HRB	D	-0.88%
DD	C	-0.87%
NVR	D	-0.87%
BLDR	D	-0.86%
AN	C	-0.86%
NSA	C	-0.83%
BLD	D	-0.83%
FBIN	D	-0.8%
MTD	F	-0.79%
WMS	F	-0.78%
CROX	D	-0.66%