DVOL vs. VALQ ETF Comparison

Comparison of First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) to American Century STOXX U.S. Quality Value ETF (VALQ)

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

$29.46

Average Daily Volume

4,366

Number of Holdings ^*

* may have additional holdings in another (foreign) market

VALQ

American Century STOXX U.S. Quality Value ETF

VALQ Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the iSTOXX® American Century USA Quality Value Index (the underlying index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the underlying index. The underlying index is designed to select securities of large- and mid-capitalization companies that are undervalued or have sustainable income.

Grade (RS Rating)

Last Trade

$55.19

Average Daily Volume

7,395

Number of Holdings ^*

230

* may have additional holdings in another (foreign) market

Performance

Period	DVOL	VALQ
30 Days	-2.58%	-4.24%
60 Days	-0.45%	-2.31%
90 Days	4.39%	0.63%
12 Months	15.60%	20.71%

22 Overlapping Holdings

Symbol	Grade	Weight in DVOL	Weight in VALQ	Overlap
AOS	D	1.01%	0.09%	0.09%
APH	A	2.79%	0.11%	0.11%
CAH	F	1.47%	2.26%	1.47%
CTAS	A	2.16%	2.08%	2.08%
DRI	F	2.09%	0.49%	0.49%
FAST	D	1.83%	0.09%	0.09%
GWW	D	1.13%	1.7%	1.13%
IBM	D	2.04%	1.95%	1.95%
ITW	F	2.56%	1.88%	1.88%
KR	C	1.25%	0.61%	0.61%
MCK	C	2.01%	2.12%	2.01%
MSI	A	2.74%	0.09%	0.09%
ORI	A	2.62%	0.17%	0.17%
ORLY	D	1.82%	0.09%	0.09%
OTIS	D	2.63%	1.09%	1.09%
PCAR	D	1.4%	0.12%	0.12%
PKG	C	0.87%	0.09%	0.09%
RGA	A	1.45%	0.09%	0.09%
TJX	C	2.95%	0.16%	0.16%
TRV	C	2.51%	0.24%	0.24%
V	D	3.12%	0.08%	0.08%
WMT	C	3.1%	2.65%	2.65%

DVOL Overweight 26 Positions Relative to VALQ

Symbol	Grade	Weight
RSG	C	3.47%
MMC	D	3.06%
AME	D	2.87%
MA	D	2.8%
JPM	B	2.71%
AJG	C	2.64%
WAB	A	2.62%
CW	A	2.56%
NDSN	C	2.49%
COST	C	2.48%
PTC	D	1.75%
HLT	D	1.71%
AFL	B	1.71%
PRI	D	1.48%
CHE	F	1.46%
AIG	A	1.38%
TDG	A	1.36%
REGN	B	1.28%
GRMN	A	1.23%
CPRT	C	1.14%
ENSG	D	1.12%
VMC	C	1.08%
WELL	A	1.05%
HCA	D	1.03%
OKE	C	1.02%
HWM	A	0.97%

DVOL Underweight 208 Positions Relative to VALQ

Symbol	Grade	Weight
TEL	C	-2.67%
QCOM	A	-2.55%
CMCSA	F	-2.33%
DCI	B	-2.25%
GILD	F	-2.22%
CL	A	-2.16%
PG	A	-2.05%
AAPL	C	-1.89%
KO	A	-1.88%
PSX	D	-1.87%
ABBV	D	-1.86%
HD	D	-1.84%
TGT	D	-1.8%
AVGO	D	-1.73%
SPG	D	-1.67%
HPQ	D	-1.66%
CLX	F	-1.65%
LYB	D	-1.61%
EBAY	C	-1.58%
INGR	C	-1.43%
ROL	B	-1.42%
BBY	D	-1.39%
GPC	B	-1.38%
MAS	D	-1.32%
LECO	D	-1.29%
OC	A	-1.23%
TPR	D	-1.12%
BAH	B	-1.11%
MPC	D	-0.89%
CI	C	-0.8%
MSFT	C	-0.77%
CTSH	F	-0.73%
NTAP	C	-0.71%
SEIC	C	-0.69%
FFIV	F	-0.68%
CSCO	F	-0.66%
DOX	F	-0.65%
DELL	B	-0.62%
BEN	F	-0.61%
REYN	D	-0.59%
ALLE	D	-0.56%
TXT	D	-0.55%
META	D	-0.55%
HRB	D	-0.49%
MTG	C	-0.49%
MANH	F	-0.44%
HUBB	D	-0.44%
NYT	B	-0.43%
WSM	A	-0.43%
MSM	F	-0.41%
COKE	B	-0.36%
AYI	C	-0.36%
MEDP	D	-0.35%
SYF	A	-0.34%
ETN	A	-0.32%
DOCU	B	-0.3%
SHW	D	-0.3%
JBL	F	-0.29%
FLO	B	-0.27%
GIS	B	-0.27%
PEP	B	-0.26%
MMM	A	-0.25%
PH	C	-0.24%
VRSN	F	-0.23%
ROST	D	-0.23%
JNJ	F	-0.23%
TT	A	-0.22%
CAT	D	-0.21%
ADSK	D	-0.21%
NEU	D	-0.21%
ALL	B	-0.19%
GOOGL	A	-0.18%
PGR	B	-0.18%
ECL	A	-0.18%
DDS	B	-0.18%
EMR	D	-0.18%
DVA	B	-0.18%
LEN	C	-0.17%
LAMR	B	-0.17%
EXPE	F	-0.17%
MDLZ	D	-0.16%
ADP	D	-0.16%
HSY	C	-0.16%
SYY	D	-0.16%
VZ	D	-0.16%
PPG	D	-0.15%
IDXX	F	-0.15%
DKS	B	-0.14%
LKQ	D	-0.14%
EME	A	-0.12%
MLI	B	-0.12%
PBF	C	-0.11%
AN	B	-0.11%
RL	D	-0.11%
PVH	D	-0.11%
AMAT	C	-0.11%
CNM	A	-0.11%
ATKR	B	-0.11%
ALSN	D	-0.11%
TXRH	A	-0.11%
AMG	C	-0.1%
NVR	D	-0.1%
POST	C	-0.1%
NSIT	A	-0.1%
BKNG	C	-0.1%
GPS	D	-0.1%
FLS	A	-0.1%
M	C	-0.1%
XOM	B	-0.1%
QRVO	F	-0.1%
EXEL	D	-0.1%
EVR	B	-0.1%
SNX	A	-0.1%
BECN	B	-0.1%
GM	B	-0.1%
LRCX	D	-0.1%
STLD	D	-0.1%
PHM	A	-0.1%
VLO	C	-0.1%
GDDY	A	-0.1%
AIT	C	-0.1%
SPSC	C	-0.09%
EG	D	-0.09%
MMS	C	-0.09%
TRMB	D	-0.09%
RS	D	-0.09%
JLL	C	-0.09%
AMKR	C	-0.09%
CMC	C	-0.09%
DLB	D	-0.09%
KEYS	D	-0.09%
SNA	D	-0.09%
TAP	F	-0.09%
AXS	B	-0.09%
NWSA	D	-0.09%
L	A	-0.09%
HIG	D	-0.09%
SWKS	F	-0.09%
SAIC	D	-0.09%
USFD	C	-0.09%
NUE	D	-0.09%
K	B	-0.09%
MHK	D	-0.09%
STT	C	-0.09%
WTS	C	-0.09%
KLAC	B	-0.09%
TMHC	C	-0.09%
MTD	D	-0.09%
MUSA	D	-0.09%
SF	A	-0.09%
BK	A	-0.09%
NTRS	C	-0.09%
DBX	F	-0.09%
WU	C	-0.09%
FOXA	B	-0.09%
ELV	B	-0.09%
ITT	D	-0.09%
QLYS	D	-0.09%
TROW	D	-0.09%
CRUS	C	-0.09%
MO	A	-0.09%
AZO	D	-0.09%
CPB	B	-0.09%
CROX	D	-0.09%
UTHR	A	-0.09%
APA	F	-0.09%
EEFT	C	-0.09%
UNM	A	-0.09%
FDX	C	-0.09%
AGCO	F	-0.09%
OZK	B	-0.09%
OMF	A	-0.09%
TOL	C	-0.09%
RHI	F	-0.08%
FIZZ	D	-0.08%
CVS	F	-0.08%
INCY	D	-0.08%
ADBE	D	-0.08%
WRB	D	-0.08%
EA	D	-0.08%
TNET	F	-0.08%
THO	F	-0.08%
ALKS	F	-0.08%
CNC	C	-0.08%
CDNS	D	-0.08%
VRTX	D	-0.08%
NXST	C	-0.08%
CRM	D	-0.08%
SNPS	D	-0.08%
DECK	D	-0.08%
NOW	D	-0.08%
JKHY	D	-0.08%
AKAM	F	-0.08%
NFLX	D	-0.08%
PEGA	D	-0.08%
CB	C	-0.08%
FTNT	F	-0.08%
BRKR	F	-0.08%
PAYX	D	-0.08%
INFA	D	-0.08%
IGT	F	-0.07%
ACN	F	-0.07%
BYD	F	-0.07%
MOH	F	-0.07%
G	D	-0.07%
ULTA	F	-0.06%
GL	F	-0.05%
SOLV	C	-0.04%