EQTY vs. DVOL ETF Comparison

Comparison of Kovitz Core Equity ETF (EQTY) to First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL)

EQTY

Kovitz Core Equity ETF

EQTY Description

The Kovitz Core Equity ETF seeks long-term capital appreciation. Through our fundamental, research-driven process, we strive to build diversified portfolios of equity investments through the purchase of competitively advantaged and financially strong companies at prices substantially less than our estimate of their intrinsic values.

Grade (RS Rating)

Last Trade

$24.14

Average Daily Volume

36,505

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$36.26

Average Daily Volume

3,466

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EQTY	DVOL
30 Days	2.94%	5.98%
60 Days	5.30%	9.31%
90 Days	6.95%	12.19%
12 Months	29.19%	36.44%

5 Overlapping Holdings

Symbol	Grade	Weight in EQTY	Weight in DVOL	Overlap
FI	A	3.18%	3.01%	3.01%
JPM	A	2.57%	1.99%	1.99%
MSFT	F	0.24%	1.68%	0.24%
MSI	B	2.08%	2.8%	2.08%
V	A	3.77%	3.05%	3.05%

EQTY Overweight 33 Positions Relative to DVOL

Symbol	Grade	Weight
META	D	4.81%
AMZN	C	4.81%
SCHW	B	4.68%
GOOG	C	4.14%
BDX	F	3.98%
KEYS	A	3.93%
CRM	B	3.76%
PM	B	3.75%
J	F	3.58%
ICE	C	3.4%
KMX	B	3.36%
LOW	D	3.16%
BRK.A	B	3.16%
PCAR	B	3.13%
AXP	A	3.02%
ORCL	B	2.96%
AON	A	2.92%
PPG	F	2.36%
AAPL	C	1.89%
DLTR	F	1.86%
ANET	C	1.84%
ADI	D	1.73%
DEO	F	1.72%
AMAT	F	1.67%
HAS	D	1.07%
AMD	F	0.94%
HAYW	B	0.65%
GOOGL	C	0.49%
SYK	C	0.13%
GGG	B	0.1%
VRSK	A	0.08%
ABT	B	0.06%
EFX	F	0.06%

EQTY Underweight 45 Positions Relative to DVOL

Symbol	Grade	Weight
TMUS	B	-3.35%
RSG	A	-3.18%
KMI	A	-3.16%
DTM	B	-3.1%
WMB	A	-2.96%
MMC	B	-2.87%
MA	C	-2.74%
TJX	A	-2.71%
WELL	A	-2.69%
LIN	D	-2.68%
INGR	B	-2.63%
CTAS	B	-2.59%
CB	C	-2.55%
WMT	A	-2.49%
OKE	A	-2.44%
NOC	D	-2.33%
HLT	A	-2.33%
RTX	C	-2.28%
AMP	A	-2.26%
CACI	D	-2.23%
BRO	B	-2.19%
PKG	A	-2.12%
AM	A	-1.79%
COST	B	-1.69%
EHC	B	-1.6%
CW	B	-1.56%
AFL	B	-1.53%
GWW	B	-1.47%
HEI	B	-1.46%
WAB	B	-1.42%
AIG	B	-1.41%
CAH	B	-1.29%
ALL	A	-1.27%
TRV	B	-1.24%
ENSG	D	-1.24%
HLI	B	-1.23%
PTC	A	-1.21%
PGR	A	-1.08%
BRX	A	-1.08%
SF	B	-1.06%
TW	A	-1.03%
RGA	A	-1.01%
WRB	A	-0.98%
MTG	C	-0.95%
TDG	D	-0.85%