EMLP vs. XRLV ETF Comparison

Comparison of First Trust North American Energy Infrastructure Fund (EMLP) to PowerShares S&P 500 ex-Rate Sensitive Low Volatility Portfolio (XRLV)

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

$37.78

Average Daily Volume

162,141

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XRLV

PowerShares S&P 500 ex-Rate Sensitive Low Volatility Portfolio

XRLV Description

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the S&P 500 Low Volatility Rate Response Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in common stocks that comprise the underlying index. The underlying index is designed to include stocks exhibiting low volatility characteristics, after removing stocks that historically have performed poorly in rising interest rate environments. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$56.04

Average Daily Volume

803

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	EMLP	XRLV
30 Days	9.99%	2.47%
60 Days	12.10%	4.00%
90 Days	16.42%	6.43%
12 Months	42.23%	23.64%

14 Overlapping Holdings

Symbol	Grade	Weight in EMLP	Weight in XRLV	Overlap
ATO	A	1.61%	1.12%	1.12%
CMS	C	0.97%	0.91%	0.91%
DUK	C	0.69%	0.96%	0.69%
ETR	B	1.28%	1.11%	1.11%
EVRG	A	0.82%	0.9%	0.82%
KMI	A	4.87%	1.28%	1.28%
LNT	A	1.43%	0.94%	0.94%
OKE	A	5.41%	1.16%	1.16%
PEG	A	2.29%	0.99%	0.99%
PPL	B	2.43%	1.0%	1.0%
SO	D	0.45%	0.93%	0.45%
SRE	A	4.15%	1.03%	1.03%
WEC	A	1.01%	0.93%	0.93%
WMB	A	2.46%	1.22%	1.22%

EMLP Overweight 37 Positions Relative to XRLV

Symbol	Grade	Weight
EPD	A	8.77%
ET	A	7.17%
DTM	B	4.56%
PAGP	A	4.53%
MPLX	A	3.98%
TRGP	B	3.47%
NFG	A	2.89%
AEP	D	2.27%
PWR	A	2.24%
LNG	B	1.6%
AES	F	1.46%
VST	B	1.34%
SUN	B	1.24%
DTE	C	1.22%
XEL	A	1.15%
FLR	B	1.14%
CQP	B	1.05%
OGS	A	1.02%
CNP	B	0.81%
D	C	0.76%
WLKP	A	0.76%
HESM	B	0.62%
NEP	F	0.58%
AROC	B	0.57%
IDA	A	0.52%
CWEN	C	0.52%
WTRG	B	0.51%
NEE	D	0.46%
NJR	A	0.44%
AEE	A	0.28%
CEG	D	0.26%
CPK	A	0.24%
USAC	B	0.11%
EXC	C	0.09%
UGI	A	0.08%
AWK	D	0.05%
ENLC	A	0.0%

EMLP Underweight 86 Positions Relative to XRLV

Symbol	Grade	Weight
TMUS	B	-1.45%
BRK.A	B	-1.43%
V	A	-1.34%
FI	A	-1.3%
AMP	A	-1.26%
L	A	-1.24%
RSG	A	-1.21%
MA	C	-1.19%
WMT	A	-1.19%
HON	B	-1.18%
BK	A	-1.16%
MMC	B	-1.14%
PG	A	-1.13%
ITW	B	-1.13%
MSI	B	-1.13%
TJX	A	-1.13%
KO	D	-1.12%
JPM	A	-1.12%
AME	A	-1.11%
CSCO	B	-1.11%
PM	B	-1.08%
IEX	B	-1.07%
ROP	B	-1.06%
CME	A	-1.06%
MCD	D	-1.06%
MET	A	-1.05%
CB	C	-1.04%
PRU	A	-1.04%
ADP	B	-1.04%
LIN	D	-1.04%
PKG	A	-1.04%
HIG	B	-1.03%
CL	D	-1.03%
HLT	A	-1.02%
JNJ	D	-1.01%
CTAS	B	-1.0%
WELL	A	-0.99%
YUM	B	-0.99%
CHD	B	-0.99%
PFG	D	-0.99%
DRI	B	-0.98%
COR	B	-0.98%
PAYX	C	-0.98%
WM	A	-0.98%
MO	A	-0.97%
NI	A	-0.97%
BRO	B	-0.97%
EA	A	-0.97%
CSX	B	-0.96%
AIG	B	-0.96%
AJG	B	-0.95%
AFL	B	-0.95%
UNP	C	-0.94%
BR	A	-0.94%
GD	F	-0.93%
VRSN	F	-0.93%
ABT	B	-0.92%
DGX	A	-0.92%
AVB	B	-0.92%
AVY	D	-0.92%
MDT	D	-0.91%
LH	C	-0.91%
LMT	D	-0.9%
VRSK	A	-0.9%
PEP	F	-0.89%
OMC	C	-0.89%
KMB	D	-0.88%
MCK	B	-0.88%
ECL	D	-0.88%
FE	C	-0.87%
MDLZ	F	-0.87%
PPG	F	-0.87%
ED	D	-0.87%
STZ	D	-0.87%
JKHY	D	-0.86%
HOLX	D	-0.85%
SYY	B	-0.84%
CBOE	B	-0.83%
KDP	D	-0.81%
BDX	F	-0.8%
GIS	D	-0.78%
ABBV	D	-0.76%
LYB	F	-0.76%
DOW	F	-0.71%
REGN	F	-0.66%
ELV	F	-0.64%