DVOL vs. PSCI ETF Comparison

Comparison of First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) to PowerShares S&P SmallCap Industrials Portfolio (PSCI)

DVOL

First Trust Dorsey Wright Momentum & Low Volatility ETF

DVOL 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 Low Volatility 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 stocks comprising the NASDAQ US Large Mid Index that exhibit the lowest levels of volatility while still maintaining high levels of "relative strength." The fund is non-diversified.

Grade (RS Rating)

Last Trade

$29.59

Average Daily Volume

5,531

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PSCI

PowerShares S&P SmallCap Industrials Portfolio

PSCI Description

The PowerShares S&P SmallCap Industrials Portfolio (Fund) is based on the S&P SmallCap 600Â® Capped Industrials Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to measure the overall performance of common stocks of US industrial companies. These companies are principally engaged in the business of providing industrial products and services, including engineering, heavy machinery, construction, electrical equipment, aerospace and defense and general manufacturing. The Index is a subset of the S&P SmallCap 600Â® Index, which is a float-adjusted, market-capitalization-weighted index reflecting the US small-cap market. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$120.84

Average Daily Volume

7,883

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DVOL	PSCI
30 Days	-1.86%	-2.81%
60 Days	0.91%	2.01%
90 Days	6.06%	6.10%
12 Months	17.11%	36.75%

0 Overlapping Holdings

	Symbol	Grade	Weight in DVOL	Weight in PSCI	Overlap

DVOL Overweight 48 Positions Relative to PSCI

Symbol	Grade	Weight
RSG	A	3.37%
V	C	3.08%
MA	C	3.03%
APH	A	2.92%
MMC	B	2.89%
TJX	C	2.86%
AME	C	2.85%
CTAS	A	2.82%
COST	C	2.8%
ORLY	D	2.77%
OTIS	C	2.75%
MSI	A	2.74%
MCK	A	2.62%
AJG	C	2.54%
CHE	D	2.51%
AFL	B	2.42%
ORI	A	2.41%
VRSK	D	2.27%
CW	A	2.25%
BRO	C	2.25%
ITW	C	2.11%
AAPL	F	2.05%
JPM	B	1.97%
FAST	C	1.9%
PTC	C	1.9%
PCG	A	1.9%
WAB	A	1.78%
DTM	A	1.67%
CAH	D	1.66%
CPRT	B	1.56%
UNH	C	1.49%
AM	A	1.47%
SNA	D	1.42%
HLT	C	1.41%
IRM	B	1.39%
HWM	C	1.38%
PSN	C	1.34%
BAH	B	1.33%
TDG	A	1.28%
GE	A	1.28%
SIGI	D	1.15%
MUSA	A	1.14%
PCAR	D	1.1%
TXT	B	1.09%
VMC	C	1.09%
NVR	B	1.08%
USFD	C	1.04%
EXPD	D	1.03%

DVOL Underweight 92 Positions Relative to PSCI

Symbol	Grade	Weight
BCC	D	-2.87%
MLI	A	-2.86%
AAON	A	-2.86%
ALK	A	-2.51%
AWI	C	-2.5%
FSS	A	-2.47%
AL	A	-2.42%
WIRE	A	-2.23%
MOG.A	A	-2.18%
AVAV	A	-1.99%
VRRM	A	-1.96%
FELE	B	-1.94%
DY	A	-1.94%
ACA	D	-1.9%
MATX	C	-1.87%
GMS	C	-1.83%
ARCB	B	-1.73%
HI	B	-1.61%
NPO	D	-1.6%
KFY	D	-1.55%
RUSHA	D	-1.47%
REZI	C	-1.45%
JBT	F	-1.44%
MYRG	B	-1.36%
AIN	D	-1.36%
ABM	A	-1.36%
SKYW	A	-1.33%
BRC	A	-1.28%
ESE	B	-1.26%
GFF	C	-1.24%
HUBG	D	-1.23%
VSTS	D	-1.19%
UNF	D	-1.18%
GVA	A	-1.17%
RXO	D	-1.15%
RUN	F	-1.13%
JBLU	F	-1.1%
ROCK	D	-1.09%
ALG	D	-1.08%
TNC	A	-1.06%
TRN	A	-1.06%
SXI	C	-0.99%
AIR	A	-0.98%
AZZ	B	-0.94%
HNI	C	-0.94%
KAR	A	-0.92%
KMT	D	-0.92%
EPAC	A	-0.92%
GEO	B	-0.9%
MLKN	C	-0.89%
B	C	-0.85%
CXW	C	-0.84%
HAYW	C	-0.83%
GBX	A	-0.78%
DNOW	A	-0.77%
AMWD	D	-0.74%
MRCY	D	-0.72%
CSGS	F	-0.65%
KAMN	A	-0.63%
LNN	D	-0.62%
APOG	A	-0.61%
WNC	D	-0.59%
NVEE	F	-0.58%
POWL	C	-0.57%
NX	D	-0.57%
TGI	C	-0.51%
MRTN	D	-0.48%
ASTE	B	-0.47%
TILE	D	-0.44%
ALGT	F	-0.42%
DLX	B	-0.41%
HCSG	F	-0.41%
MATW	D	-0.4%
PRLB	F	-0.4%
VICR	F	-0.39%
FWRD	F	-0.37%
VVI	D	-0.36%
KELYA	C	-0.36%
DXPE	B	-0.34%
IIIN	D	-0.32%
NVRI	D	-0.31%
HSII	C	-0.3%
PBI	B	-0.3%
TWI	F	-0.29%
SNCY	F	-0.27%
HTLD	F	-0.24%
DDD	F	-0.23%
NPK	A	-0.2%
LQDT	D	-0.19%
RGP	F	-0.18%
SPWR	F	-0.1%
TTEC	F	-0.08%