EMLP vs. RFV ETF Comparison

Comparison of First Trust North American Energy Infrastructure Fund (EMLP) to Guggenheim S&P Midcap 400 Pure Value ETF (RFV)

EMLP

First Trust North American Energy Infrastructure Fund

EMLP Description

The investment seeks total return. The fund invests at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in equity securities of companies deemed by the sub-advisor to be engaged in the energy infrastructure sector. These companies principally include publicly-traded master limited partnerships and limited liability companies taxed as partnerships ("MLPs"), MLP affiliates, Canadian income trusts and their successor companies, pipeline companies, utilities, and other companies. It is non-diversified.

Grade (RS Rating)

Last Trade

$29.82

Average Daily Volume

186,490

Number of Holdings ^*

* may have additional holdings in another (foreign) market

RFV

Guggenheim S&P Midcap 400 Pure Value ETF

RFV Description

The investment seeks to replicate as closely as possible, before fees and expenses, the performance of the S&P MidCap 400 Pure Value Index Total Return. The fund will invest at least 90% of its net assets, plus any borrowings for investment purposes, in the equity securities included in the underlying index. The underlying index is narrow in focus, containing only those S&P MidCap 400 companies with strong value characteristics as selected by S&P. It may hold up to 10% of its assets in securities not included in the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$112.58

Average Daily Volume

19,426

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EMLP	RFV
30 Days	0.61%	-4.10%
60 Days	6.18%	0.15%
90 Days	10.55%	1.01%
12 Months	17.29%	27.27%

2 Overlapping Holdings

	Symbol	Grade	Weight in EMLP	Weight in RFV	Overlap
	FLR	C	1.06%	0.98%	0.98%
	UGI	C	0.1%	0.84%	0.1%

EMLP Overweight 49 Positions Relative to RFV

Symbol	Grade	Weight
EPD	C	8.36%
ET	A	7.36%
PAGP	B	5.25%
OKE	C	4.95%
KMI	A	4.45%
DTM	B	4.09%
MPLX	A	4.01%
SRE	B	3.95%
NFG	A	3.1%
TRGP	B	2.75%
PEG	A	2.58%
PPL	A	2.55%
AEP	A	2.46%
LNT	B	2.22%
PWR	A	2.22%
WMB	B	2.1%
SO	A	2.07%
ATO	A	2.01%
WEC	B	1.69%
OGS	B	1.51%
LNG	D	1.44%
XEL	C	1.33%
EVRG	B	1.27%
DTE	A	1.25%
ETR	A	1.23%
CMS	A	1.23%
AES	B	1.03%
NEP	C	0.99%
CQP	C	0.92%
WLKP	C	0.9%
HESM	C	0.75%
DUK	A	0.74%
CNP	A	0.73%
VST	A	0.69%
WTRG	B	0.66%
IDA	B	0.51%
CWEN	B	0.49%
NJR	B	0.49%
AROC	B	0.49%
ES	B	0.48%
SUN	D	0.48%
AEE	C	0.28%
D	A	0.26%
CEG	A	0.26%
CPK	B	0.24%
USAC	D	0.15%
EXC	C	0.11%
AWK	B	0.05%
ENLC	C	0.0%

EMLP Underweight 86 Positions Relative to RFV

Symbol	Grade	Weight
PBF	C	-3.56%
M	C	-2.64%
SNX	A	-2.62%
AVT	A	-2.61%
ARW	B	-2.27%
DINO	F	-2.24%
X	F	-2.14%
LAD	F	-1.99%
GT	D	-1.98%
AN	B	-1.89%
MAN	B	-1.83%
MTZ	B	-1.8%
JWN	B	-1.79%
ADNT	F	-1.78%
AA	A	-1.74%
USFD	C	-1.72%
JLL	C	-1.69%
PFGC	D	-1.59%
CLF	F	-1.55%
GHC	B	-1.54%
UNM	A	-1.52%
TMHC	C	-1.52%
PPC	A	-1.5%
THC	A	-1.46%
ALLY	A	-1.43%
WCC	C	-1.42%
R	A	-1.38%
LEA	F	-1.36%
MDU	A	-1.34%
ARMK	C	-1.32%
HTZ	F	-1.26%
ASB	A	-1.22%
PVH	D	-1.19%
PAG	D	-1.18%
KMPR	B	-1.18%
CMC	C	-1.13%
RGA	A	-1.12%
PRGO	B	-1.09%
JEF	B	-1.08%
KD	D	-1.06%
WHR	F	-1.04%
THO	F	-1.02%
CUZ	A	-0.99%
FNB	A	-0.97%
KRC	D	-0.92%
HOG	D	-0.9%
VAC	C	-0.9%
FYBR	C	-0.89%
POST	C	-0.87%
ZION	A	-0.87%
AR	A	-0.85%
CHK	B	-0.81%
ENOV	F	-0.81%
FHN	A	-0.8%
PENN	F	-0.74%
VLY	D	-0.73%
ONB	A	-0.72%
GPS	D	-0.69%
COHR	D	-0.68%
SWX	A	-0.67%
PB	B	-0.67%
TGNA	D	-0.67%
JHG	B	-0.67%
GEF	D	-0.66%
OSK	D	-0.65%
TCBI	B	-0.63%
IRT	B	-0.62%
AGCO	F	-0.62%
BJ	C	-0.59%
NVST	F	-0.58%
BKH	B	-0.55%
NOV	D	-0.54%
WBS	D	-0.54%
CNO	A	-0.54%
VSH	C	-0.54%
ORI	A	-0.53%
SR	B	-0.47%
FAF	F	-0.46%
WERN	D	-0.46%
BERY	D	-0.45%
KNX	F	-0.43%
LEG	F	-0.35%
CNXC	F	-0.34%
NYCB	D	-0.34%
UA	D	-0.32%
UAA	F	-0.32%