FCFY vs. FXED ETF Comparison

Comparison of First Trust S&P 500 Diversified Free Cash Flow ETF (FCFY) to Sound Enhanced Fixed Income ETF (FXED)

FCFY

First Trust S&P 500 Diversified Free Cash Flow ETF

FCFY Description

Under normal conditions, the fund will invest at least 80% of its net assets in the securities that comprise the index. The index measures the performance of companies within the S&P 500® Index that have the highest relative FCF Yield within each GICS® sector represented in the S&P 500® Index. It is non-diversified.

Grade (RS Rating)

Last Trade

$25.29

Average Daily Volume

283

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

FXED

Sound Enhanced Fixed Income ETF

FXED Description

Under normal market conditions, the fund will invest at least 80% of its net assets in fixed income securities. The fund's investments in fixed income securities will typically include U.S. corporate bonds, preferred stock and ETFs that invest in bonds, sovereign debt, and private placement debt securities. It may also invest in fixed income securities issued by U.S. and foreign corporations, securities issued by governments and their agencies, instrumentalities, or sponsored corporations, including supranational organizations. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$18.80

Average Daily Volume

7,687

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FCFY	FXED
30 Days	4.64%	-0.68%
60 Days	4.14%	-1.87%
90 Days	5.21%	0.63%
12 Months	26.14%	12.77%

4 Overlapping Holdings

Symbol	Grade	Weight in FCFY	Weight in FXED	Overlap
O	D	0.25%	1.12%	0.25%
SPG	B	0.4%	2.22%	0.4%
T	A	1.89%	1.96%	1.89%
VICI	C	0.32%	1.45%	0.32%

FCFY Overweight 97 Positions Relative to FXED

Symbol	Grade	Weight
WBD	C	3.92%
GEN	B	3.05%
HPQ	B	2.91%
SWKS	F	2.9%
HPE	B	2.73%
SYF	B	2.36%
EPAM	C	2.35%
JBL	B	2.29%
QCOM	F	2.17%
FFIV	B	2.1%
NTAP	C	1.81%
EXPE	B	1.77%
CAH	B	1.67%
CSCO	B	1.66%
MTCH	D	1.65%
TPR	B	1.64%
COF	B	1.62%
IPG	D	1.56%
QRVO	F	1.55%
NRG	B	1.5%
IBM	C	1.48%
AKAM	D	1.34%
LEN	D	1.29%
COR	B	1.24%
BMY	B	1.19%
DFS	B	1.15%
SOLV	C	1.07%
RL	B	1.04%
FIS	C	1.02%
SNA	A	1.01%
NTRS	A	0.97%
MO	A	0.97%
VTRS	A	0.95%
TAP	C	0.94%
MET	A	0.91%
VLO	C	0.91%
ADM	D	0.88%
WFC	A	0.86%
ABNB	C	0.84%
PRU	A	0.83%
CI	F	0.81%
MCK	B	0.8%
EG	C	0.79%
BWA	D	0.77%
GILD	C	0.76%
IVZ	B	0.75%
TFC	A	0.73%
HOLX	D	0.72%
BBY	D	0.72%
CFG	B	0.72%
HAS	D	0.71%
MPC	D	0.69%
TGT	F	0.67%
BG	F	0.67%
MHK	D	0.65%
JNJ	D	0.65%
DVA	B	0.64%
CNC	D	0.64%
CAG	D	0.62%
DVN	F	0.6%
MRO	B	0.6%
PCAR	B	0.59%
BLDR	D	0.59%
MMM	D	0.58%
HBAN	A	0.58%
NUE	C	0.58%
APTV	D	0.57%
KMB	D	0.54%
LDOS	C	0.53%
GNRC	B	0.53%
BEN	C	0.53%
J	F	0.52%
BIIB	F	0.51%
AME	A	0.5%
VST	B	0.49%
MAS	D	0.49%
WAB	B	0.49%
HAL	C	0.48%
GIS	D	0.48%
CAT	B	0.47%
FTV	C	0.45%
EXPD	D	0.44%
LMT	D	0.43%
TXT	D	0.43%
ACGL	D	0.43%
SW	A	0.39%
SWK	D	0.39%
NEE	D	0.38%
LYB	F	0.38%
BXP	D	0.36%
HST	C	0.35%
ARE	D	0.34%
STLD	B	0.3%
WEC	A	0.28%
PPG	F	0.26%
DOC	D	0.24%
CE	F	0.16%

FCFY Underweight 20 Positions Relative to FXED

Symbol	Grade	Weight
HTGC	D	-3.42%
ARCC	A	-3.4%
AWF	C	-2.87%
GBDC	C	-2.85%
PFLT	D	-2.75%
TSLX	C	-2.57%
CMSD	C	-2.26%
PCY	C	-2.07%
SOJD	F	-2.06%
HYEM	C	-1.99%
WHF	F	-1.25%
OHI	C	-1.12%
BXSL	A	-1.08%
PLYM	F	-1.08%
PINE	C	-0.99%
NNN	D	-0.72%
NHI	D	-0.54%
PK	B	-0.52%
APLE	B	-0.4%
GLPI	C	-0.34%