FCFY vs. QVAL ETF Comparison

Comparison of First Trust S&P 500 Diversified Free Cash Flow ETF (FCFY) to ValueShares U.S. Quantitative Value ETF (QVAL)

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

$23.91

Average Daily Volume

256

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

QVAL

ValueShares U.S. Quantitative Value ETF

QVAL Description

The investment seeks long-term capital appreciation. The fund is an actively managed ETF. Under normal circumstances, it seeks to achieve its investment objective by investing primarily in U.S. equity securities that the Adviser believes, based on quantitative analysis, are undervalued at the time of purchase and have the potential for capital appreciation. The fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in securities of U.S. companies. It will invest primarily in the exchange-listed common stock of U.S. companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$44.59

Average Daily Volume

18,385

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FCFY	QVAL
30 Days	-1.72%	-2.53%
60 Days	-1.28%	-0.81%
90 Days	4.07%	4.11%
12 Months	25.40%	23.80%

14 Overlapping Holdings

Symbol	Grade	Weight in FCFY	Weight in QVAL	Overlap
CI	D	0.81%	1.86%	0.81%
CNC	D	0.71%	1.66%	0.71%
DVN	F	0.62%	2.0%	0.62%
HPQ	B	2.93%	2.06%	2.06%
IPG	F	1.72%	1.95%	1.72%
JBL	A	2.27%	2.08%	2.08%
LYB	F	0.41%	1.89%	0.41%
MO	A	0.88%	2.0%	0.88%
MPC	F	0.67%	1.91%	0.67%
PCAR	C	0.57%	2.15%	0.57%
SNA	A	0.95%	2.27%	0.95%
T	A	1.83%	2.06%	1.83%
TAP	D	0.87%	2.02%	0.87%
TPR	A	1.5%	1.92%	1.5%

FCFY Overweight 87 Positions Relative to QVAL

Symbol	Grade	Weight
SWKS	F	3.36%
WBD	C	3.21%
GEN	A	2.87%
HPE	A	2.54%
QRVO	F	2.36%
QCOM	D	2.3%
SYF	B	2.08%
MTCH	C	2.06%
EPAM	F	1.96%
FFIV	A	1.94%
NTAP	D	1.85%
CSCO	B	1.65%
AKAM	D	1.62%
EXPE	B	1.59%
CAH	B	1.58%
IBM	C	1.56%
COF	A	1.45%
NRG	B	1.43%
LEN	D	1.36%
COR	A	1.22%
SOLV	B	1.19%
BMY	A	1.11%
FIS	B	1.06%
DFS	A	1.01%
RL	B	1.01%
ADM	F	0.96%
NTRS	B	0.91%
MET	C	0.91%
ABNB	B	0.87%
VTRS	B	0.86%
VLO	F	0.85%
EG	F	0.82%
PRU	B	0.82%
HAS	D	0.78%
GILD	A	0.78%
BBY	D	0.77%
WFC	B	0.77%
IVZ	A	0.77%
BWA	D	0.77%
APTV	F	0.76%
HOLX	A	0.75%
CAG	D	0.7%
JNJ	D	0.69%
BG	F	0.68%
TFC	C	0.68%
MCK	C	0.67%
CFG	A	0.66%
TGT	D	0.66%
DVA	D	0.65%
MHK	D	0.63%
BLDR	F	0.61%
BIIB	F	0.6%
MMM	D	0.57%
LDOS	A	0.57%
NUE	F	0.57%
MRO	C	0.56%
KMB	D	0.55%
GIS	D	0.54%
J	D	0.53%
MAS	D	0.52%
BEN	B	0.51%
HBAN	B	0.51%
GNRC	A	0.49%
CAT	B	0.48%
ACGL	F	0.48%
WAB	B	0.48%
FTV	F	0.47%
LMT	D	0.47%
SWK	D	0.46%
EXPD	D	0.45%
HAL	F	0.45%
TXT	F	0.44%
AME	A	0.44%
NEE	D	0.42%
VST	B	0.42%
BXP	C	0.41%
SPG	C	0.38%
ARE	F	0.37%
HST	D	0.36%
SW	A	0.34%
VICI	D	0.33%
CE	F	0.29%
STLD	A	0.28%
WEC	B	0.28%
PPG	F	0.27%
O	D	0.27%
DOC	C	0.26%

FCFY Underweight 36 Positions Relative to QVAL

Symbol	Grade	Weight
DAL	A	-2.28%
ANF	F	-2.24%
GTES	A	-2.16%
UHS	D	-2.12%
OC	B	-2.12%
WCC	A	-2.12%
TEX	F	-2.09%
KR	A	-2.08%
GPK	D	-2.07%
DKS	F	-2.05%
SM	F	-2.05%
CRI	F	-2.05%
CMCSA	A	-2.04%
CNH	A	-2.03%
UFPI	C	-2.03%
BKR	A	-2.03%
ALSN	A	-2.03%
CTSH	D	-2.02%
FOXA	A	-2.02%
SIG	C	-2.01%
OMC	B	-2.0%
THC	C	-1.97%
URBN	F	-1.95%
TOL	C	-1.95%
HRB	D	-1.95%
ASO	F	-1.94%
WFRD	F	-1.92%
FCX	D	-1.91%
SKX	D	-1.89%
MAT	A	-1.89%
CROX	F	-1.88%
CVS	F	-1.85%
WSM	F	-1.84%
LBRT	F	-1.77%
MOH	D	-1.67%
ELV	F	-1.67%