FDL vs. XTL ETF Comparison

Comparison of First Trust Morningstar ETF (FDL) to SPDR S&P Telecom ETF (XTL)

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

$37.67

Average Daily Volume

718,732

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XTL

SPDR S&P Telecom ETF

XTL Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the telecommunications segment of a U.S. total market composite index. In seeking to track the performance of the S&P Telecom Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the telecommunications industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$69.62

Average Daily Volume

2,390

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDL	XTL
30 Days	-1.44%	-4.59%
60 Days	3.92%	-7.57%
90 Days	4.69%	-10.75%
12 Months	16.68%	-2.82%

1 Overlapping Holdings

	Symbol	Grade	Weight in FDL	Weight in XTL	Overlap
	VZ	D	8.47%	3.93%	3.93%

FDL Overweight 90 Positions Relative to XTL

Symbol	Grade	Weight
CVX	B	10.02%
ABBV	D	7.55%
PFE	D	7.32%
PM	A	6.56%
MO	A	5.66%
IBM	D	3.92%
C	A	3.33%
MMM	A	2.74%
DUK	A	2.59%
PXD	B	2.57%
SO	A	2.46%
USB	C	2.24%
TFC	A	2.18%
PNC	A	1.95%
F	C	1.79%
OKE	C	1.76%
WMB	B	1.74%
DVN	B	1.69%
PRU	C	1.48%
PSX	D	1.33%
MET	D	1.0%
LYB	D	0.99%
EIX	A	0.96%
TROW	D	0.79%
ETR	A	0.77%
FITB	A	0.71%
IFF	B	0.7%
RF	B	0.7%
MTB	A	0.69%
HBAN	A	0.67%
FE	A	0.67%
CFG	A	0.6%
KEY	C	0.58%
BBY	D	0.49%
NTRS	C	0.49%
EVRG	B	0.46%
WBA	F	0.46%
FNF	A	0.37%
NRG	A	0.34%
PNW	B	0.33%
HAS	B	0.33%
EMN	A	0.32%
PKG	C	0.31%
CMA	B	0.29%
OGE	A	0.27%
ALLY	A	0.27%
UGI	C	0.26%
FHN	A	0.26%
WHR	F	0.26%
WU	C	0.25%
LNC	D	0.24%
COLB	C	0.23%
EWBC	A	0.23%
BEN	F	0.22%
DINO	F	0.22%
ZION	A	0.19%
CG	D	0.19%
WBS	D	0.18%
SNV	C	0.15%
JHG	B	0.15%
UBSI	D	0.14%
BKH	B	0.14%
SR	B	0.13%
FNB	A	0.13%
OZK	B	0.13%
CADE	B	0.13%
ALE	A	0.13%
VLY	D	0.13%
FIBK	B	0.13%
NWE	B	0.12%
ONB	A	0.12%
AVA	B	0.12%
SWX	A	0.11%
NYCB	D	0.11%
AGR	B	0.11%
MAN	B	0.11%
FHB	A	0.1%
ASB	A	0.1%
GBCI	C	0.1%
SMG	C	0.09%
MDU	A	0.09%
UCBI	B	0.08%
CRI	F	0.07%
INDB	C	0.07%
ARCH	D	0.07%
CATY	D	0.06%
CVI	F	0.05%
CNS	D	0.04%
AAP	D	0.04%
GEF	D	0.01%

FDL Underweight 37 Positions Relative to XTL

Symbol	Grade	Weight
IRDM	C	-4.31%
MSI	A	-3.98%
TMUS	A	-3.88%
T	C	-3.83%
TDS	D	-3.82%
CCOI	F	-3.77%
EXTR	F	-3.77%
CSCO	F	-3.73%
ANET	D	-3.73%
FYBR	C	-3.71%
JNPR	D	-3.64%
FFIV	F	-3.64%
LITE	D	-3.53%
VSAT	F	-3.38%
CIEN	D	-3.33%
CALX	F	-3.04%
HLIT	F	-2.78%
AAOI	F	-2.68%
VIAV	F	-2.6%
LUMN	F	-2.59%
INFN	C	-2.41%
NTCT	F	-2.39%
UI	F	-2.35%
USM	D	-1.82%
GOGO	C	-1.81%
GSAT	F	-1.67%
NPAB	B	-1.66%
LILAK	B	-1.37%
CLFD	B	-1.31%
DGII	F	-1.22%
NTGR	F	-0.81%
BAND	B	-0.68%
ATEX	D	-0.66%
AVNW	F	-0.54%
IDT	A	-0.5%
SHEN	F	-0.43%
ATNI	F	-0.27%