FDL vs. DVY ETF Comparison

Comparison of First Trust Morningstar ETF (FDL) to iShares Select Dividend ETF (DVY)

FDL

First Trust Morningstar ETF

FDL Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Morningstar(R) Dividend Leaders Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The objective of the index is to offer investors a benchmark for dividend portfolios as well as a means to invest in a portfolio of stocks that have a consistent record of growing dividends as well as the ability to sustain them. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$43.34

Average Daily Volume

362,157

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

DVY

iShares Select Dividend ETF

DVY Description

The investment seeks to track the investment results of an index composed of relatively high dividend paying U.S. equities. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Select Dividend Index (the "underlying index"), which measures the performance of a selected group of equity securities issued by companies that have provided relatively high dividend yields on a consistent basis over time.

Grade (RS Rating)

Last Trade

$142.08

Average Daily Volume

343,986

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDL	DVY
30 Days	2.77%	4.91%
60 Days	4.11%	5.88%
90 Days	6.49%	8.67%
12 Months	33.82%	33.72%

54 Overlapping Holdings

Symbol	Grade	Weight in FDL	Weight in DVY	Overlap
AEP	D	1.21%	1.21%	1.21%
AVA	A	0.1%	0.3%	0.1%
BBY	D	0.49%	1.41%	0.49%
BEN	C	0.28%	0.64%	0.28%
BKH	A	0.13%	0.45%	0.13%
CAG	D	0.41%	1.18%	0.41%
CC	C	0.12%	0.29%	0.12%
CFG	B	0.64%	1.96%	0.64%
CMA	A	0.33%	0.99%	0.33%
CVX	A	9.22%	1.08%	1.08%
EIX	B	0.83%	1.41%	0.83%
ES	D	0.64%	1.24%	0.64%
ETR	B	0.82%	1.62%	0.82%
EXC	C	1.04%	1.09%	1.04%
F	C	1.78%	1.06%	1.06%
FE	C	0.57%	1.2%	0.57%
FHI	A	0.09%	0.37%	0.09%
FHN	A	0.31%	1.17%	0.31%
FITB	A	0.78%	1.4%	0.78%
FMC	D	0.19%	0.72%	0.19%
FNF	B	0.37%	1.09%	0.37%
GILD	C	3.11%	1.27%	1.27%
HBAN	A	0.78%	1.6%	0.78%
IBM	C	4.35%	0.95%	0.95%
IPG	D	0.33%	0.84%	0.33%
JHG	A	0.19%	0.61%	0.19%
KEY	B	0.66%	1.89%	0.66%
KMB	D	1.08%	1.11%	1.08%
LNT	A	0.35%	1.23%	0.35%
LYB	F	0.87%	1.04%	0.87%
MO	A	4.96%	3.22%	3.22%
MSM	C	0.11%	0.4%	0.11%
NJR	A	0.12%	0.5%	0.12%
NWE	B	0.11%	0.36%	0.11%
OGE	B	0.25%	0.89%	0.25%
OKE	A	1.96%	1.97%	1.96%
OMF	A	0.42%	0.69%	0.42%
PFE	D	5.94%	1.35%	1.35%
PM	B	5.87%	2.0%	2.0%
PNW	B	0.29%	1.1%	0.29%
PRU	A	1.46%	1.39%	1.39%
RF	A	0.75%	1.79%	0.75%
TFC	A	2.19%	1.87%	1.87%
TROW	B	0.9%	1.17%	0.9%
UBSI	B	0.16%	0.62%	0.16%
UGI	A	0.22%	0.52%	0.22%
USB	A	2.44%	1.39%	1.39%
VLY	B	0.17%	0.48%	0.17%
VZ	C	7.42%	1.65%	1.65%
WEC	A	0.76%	1.32%	0.76%
WEN	D	0.13%	0.31%	0.13%
WHR	B	0.33%	0.64%	0.33%
WU	D	0.2%	0.4%	0.2%
XEL	A	0.93%	1.03%	0.93%

FDL Overweight 46 Positions Relative to DVY

Symbol	Grade	Weight
ABBV	D	6.79%
UPS	C	3.49%
CVS	D	2.33%
DUK	C	2.18%
PNC	B	2.12%
KMI	A	2.06%
FANG	D	1.25%
DOW	F	1.23%
KHC	F	0.91%
STT	A	0.67%
AEE	A	0.54%
EVRG	A	0.44%
CLX	B	0.43%
K	A	0.42%
CNH	C	0.32%
SJM	D	0.31%
SWK	D	0.31%
COLB	A	0.28%
LNC	B	0.26%
MTN	C	0.24%
HAS	D	0.24%
ZION	B	0.23%
SNV	B	0.21%
APAM	B	0.17%
FAF	A	0.16%
OZK	B	0.15%
NXST	C	0.15%
POR	C	0.14%
FIBK	A	0.14%
SR	A	0.13%
TNL	A	0.13%
FLO	D	0.13%
ALE	A	0.12%
ASB	B	0.12%
PRGO	B	0.11%
PNM	F	0.11%
FHB	A	0.11%
MAN	D	0.1%
OGS	A	0.1%
CATY	B	0.09%
AGR	B	0.09%
SMG	D	0.09%
LCII	C	0.08%
CRI	D	0.06%
SIRI	C	0.05%
GEF	A	0.01%

FDL Underweight 44 Positions Relative to DVY

Symbol	Grade	Weight
T	A	-2.12%
IP	B	-2.08%
D	C	-1.68%
NI	A	-1.4%
PEG	A	-1.38%
NRG	B	-1.28%
NEE	D	-1.21%
PPL	B	-1.2%
HPQ	B	-1.19%
UNM	A	-1.08%
SRE	A	-1.07%
CMS	C	-1.04%
DTE	C	-1.02%
XOM	B	-1.01%
ORI	A	-1.0%
NEM	D	-0.99%
PKG	A	-0.96%
CINF	A	-0.94%
PFG	D	-0.9%
LMT	D	-0.89%
GIS	D	-0.88%
GRMN	B	-0.88%
MET	A	-0.88%
OMC	C	-0.85%
IVZ	B	-0.83%
WSO	A	-0.82%
STX	D	-0.82%
KO	D	-0.81%
HRB	D	-0.8%
CNP	B	-0.78%
SW	A	-0.77%
VLO	C	-0.75%
FNB	A	-0.63%
LAZ	B	-0.63%
IDA	A	-0.62%
GPC	D	-0.55%
MCD	D	-0.55%
SON	D	-0.5%
MRK	F	-0.44%
WBA	F	-0.44%
SWX	B	-0.43%
NWL	B	-0.37%
HUN	F	-0.32%
KSS	F	-0.2%