FDM vs. AFSM ETF Comparison

Comparison of First Trust DJ Select MicroCap ETF (FDM) to Active Factor Small Cap ETF (AFSM)

FDM

First Trust DJ Select MicroCap ETF

FDM 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 Dow Jones Select MicroCap Index(SM) (the "index"). The fund will normally invest at least 80% of its net assets plus the amount of any borrowings for investment purposes in common stocks of U.S. micro-capitalization companies which are publicly traded in the United States. The index is comprised of selected U.S. micro-capitalization companies chosen from all common stocks traded on the NewYork Stock Exchange, the NYSE MKT and NASDAQ(R) with limited partnerships excluded.

Grade (RS Rating)

Last Trade

$70.78

Average Daily Volume

14,040

Number of Holdings ^*

131

* may have additional holdings in another (foreign) market

AFSM

Active Factor Small Cap ETF

AFSM Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by small capitalization companies. The manager defines small capitalization companies as those that, at the time of investment, have a market capitalization between a minimum of $250 million and the maximum market capitalization of a widely recognized index of small capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$32.67

Average Daily Volume

14,158

Number of Holdings ^*

296

* may have additional holdings in another (foreign) market

Performance

Period	FDM	AFSM
30 Days	9.96%	5.74%
60 Days	13.78%	9.56%
90 Days	17.09%	13.38%
12 Months	34.20%	41.37%

13 Overlapping Holdings

Symbol	Grade	Weight in FDM	Weight in AFSM	Overlap
CCRN	F	0.68%	0.3%	0.3%
CWCO	D	0.65%	0.13%	0.13%
DAKT	B	1.01%	0.82%	0.82%
ETD	D	1.13%	0.04%	0.04%
KELYA	F	1.02%	0.22%	0.22%
MOV	C	0.55%	0.14%	0.14%
NECB	A	0.65%	0.13%	0.13%
PEBK	B	0.23%	0.07%	0.07%
RMR	F	0.67%	0.44%	0.44%
SD	D	0.68%	0.17%	0.17%
SIGA	D	0.54%	0.22%	0.22%
TCMD	B	0.64%	0.26%	0.26%
UVE	B	0.96%	0.68%	0.68%

FDM Overweight 118 Positions Relative to AFSM

Symbol	Grade	Weight
LEU	C	2.15%
VMEO	B	1.9%
LMB	B	1.67%
TPB	A	1.53%
MLR	B	1.49%
ASTE	B	1.47%
BJRI	B	1.44%
ASIX	B	1.44%
GLDD	B	1.44%
CPF	B	1.41%
HAYN	A	1.33%
IBCP	B	1.33%
HCKT	A	1.32%
PTLO	C	1.26%
RGR	F	1.2%
NBN	B	1.17%
SPTN	F	1.16%
WLFC	B	1.14%
EZPW	B	1.05%
MCB	A	1.04%
SMBC	B	1.04%
SNCY	B	1.04%
ANET	C	1.03%
SWBI	C	1.03%
PLOW	D	1.02%
EGY	F	1.01%
IMXI	B	0.99%
WLDN	B	0.98%
LQDT	A	0.94%
CCBG	B	0.91%
NWPX	B	0.9%
KE	C	0.9%
CSV	B	0.87%
MPB	B	0.87%
LYTS	B	0.86%
SHBI	A	0.84%
ARKO	B	0.84%
LXU	B	0.82%
ESQ	B	0.81%
TIPT	B	0.8%
AROW	B	0.8%
CCSI	B	0.8%
DHIL	B	0.79%
MOFG	B	0.79%
TRDA	B	0.78%
CMPO	C	0.76%
LINC	B	0.76%
TTI	C	0.76%
FC	D	0.73%
FISI	B	0.72%
EE	B	0.72%
NRIM	A	0.71%
BSRR	B	0.7%
KODK	B	0.7%
WRLD	C	0.7%
PLPC	A	0.69%
FMAO	A	0.67%
NPK	C	0.67%
ODC	D	0.66%
GLRE	B	0.66%
USAP	B	0.66%
OPY	B	0.64%
ITIC	A	0.63%
LGTY	A	0.63%
NGVC	B	0.61%
CENT	C	0.61%
HNRG	C	0.6%
NEWT	B	0.6%
ARTNA	F	0.59%
DCGO	C	0.56%
INBK	B	0.54%
ACIC	B	0.54%
LOCO	D	0.54%
HVT	F	0.53%
LEGH	C	0.53%
SENEA	B	0.51%
MCFT	B	0.51%
CRCT	F	0.5%
REPX	B	0.5%
VPG	F	0.49%
RM	D	0.49%
PKOH	B	0.45%
TASK	C	0.45%
HRTG	D	0.44%
AMPY	C	0.44%
JRVR	F	0.42%
NGS	B	0.38%
FSTR	C	0.37%
VLGEA	B	0.37%
FLXS	C	0.37%
MITT	D	0.36%
SGC	C	0.36%
KRT	A	0.35%
LSEA	F	0.34%
REI	F	0.34%
PWOD	A	0.33%
JILL	C	0.32%
ACTG	F	0.3%
FF	D	0.29%
EML	F	0.29%
NATR	C	0.29%
EARN	D	0.28%
RCKY	F	0.28%
AVNW	F	0.27%
TAYD	F	0.26%
VIRC	B	0.26%
LAKE	C	0.25%
TWIN	D	0.24%
BBCP	D	0.24%
ESOA	B	0.24%
HBB	F	0.23%
ACU	C	0.23%
BTMD	D	0.22%
LWAY	C	0.22%
FEIM	B	0.19%
INTT	C	0.17%
CSPI	D	0.14%
KEQU	D	0.13%

FDM Underweight 283 Positions Relative to AFSM

Symbol	Grade	Weight
MLI	B	-1.31%
SKYW	B	-1.2%
NHC	B	-1.15%
IDCC	A	-1.13%
SFM	B	-1.0%
ALKS	B	-0.94%
CPRX	B	-0.93%
ANF	D	-0.86%
CRS	B	-0.85%
PFBC	B	-0.82%
MHO	D	-0.81%
EME	B	-0.77%
JXN	B	-0.75%
MTG	D	-0.75%
CALM	A	-0.75%
TMHC	C	-0.74%
FIX	B	-0.74%
BCC	B	-0.74%
STRL	B	-0.73%
CVLT	B	-0.73%
HALO	B	-0.72%
RDN	C	-0.71%
ZETA	C	-0.69%
SLG	C	-0.67%
TBBK	B	-0.64%
LNTH	F	-0.64%
SANM	B	-0.64%
SLVM	C	-0.64%
POWL	B	-0.63%
FDP	B	-0.63%
CEIX	B	-0.63%
COOP	B	-0.62%
UFPT	B	-0.62%
MCY	B	-0.62%
GMED	B	-0.61%
BMI	B	-0.61%
NTB	B	-0.6%
AROC	B	-0.6%
HSII	B	-0.6%
NMIH	D	-0.59%
CRVL	B	-0.58%
GMS	B	-0.58%
PLUS	D	-0.58%
SUPN	B	-0.57%
BTU	C	-0.57%
NHI	C	-0.57%
HWKN	C	-0.56%
DOLE	B	-0.56%
KBH	D	-0.55%
PRK	B	-0.55%
PI	D	-0.54%
CORT	B	-0.54%
BXC	B	-0.54%
OFG	C	-0.53%
BRBR	A	-0.53%
REZI	A	-0.53%
COKE	D	-0.53%
EGBN	B	-0.53%
CVNA	B	-0.53%
MUSA	B	-0.52%
BELFB	B	-0.52%
YOU	C	-0.52%
STBA	C	-0.51%
TGNA	B	-0.51%
AMWD	B	-0.51%
CHCO	B	-0.51%
ACT	D	-0.5%
APPF	B	-0.49%
PINC	B	-0.49%
WT	B	-0.49%
DDS	C	-0.48%
IIPR	F	-0.48%
HRB	D	-0.47%
TEX	C	-0.47%
CSWI	B	-0.45%
YMAB	D	-0.45%
PRDO	B	-0.44%
DFIN	D	-0.44%
PLAB	C	-0.43%
ADUS	D	-0.42%
WFRD	D	-0.41%
BLBD	F	-0.41%
SPNS	F	-0.41%
LGND	B	-0.4%
BDC	B	-0.4%
HIMS	B	-0.4%
AMR	C	-0.39%
USLM	B	-0.39%
M	D	-0.39%
TILE	B	-0.38%
INMD	C	-0.38%
MATX	B	-0.38%
EVER	D	-0.38%
PRGS	A	-0.38%
RXST	F	-0.37%
IESC	B	-0.37%
VRNT	D	-0.37%
WNC	C	-0.37%
MD	B	-0.37%
ANIP	C	-0.37%
MTH	D	-0.37%
HIW	D	-0.37%
BPMC	B	-0.37%
SIG	B	-0.37%
LRN	B	-0.36%
HRMY	D	-0.36%
QTWO	B	-0.36%
ODP	F	-0.36%
CAL	D	-0.36%
APOG	B	-0.36%
LPG	F	-0.35%
ESNT	D	-0.35%
CNXN	C	-0.35%
PDM	C	-0.35%
CRAI	B	-0.35%
ATKR	C	-0.34%
GRBK	D	-0.33%
CASH	A	-0.33%
PBF	F	-0.32%
TRMK	B	-0.32%
CUZ	C	-0.32%
FBP	B	-0.32%
MOG.A	B	-0.32%
AKR	C	-0.31%
PRMW	C	-0.31%
CMC	B	-0.31%
RDNT	B	-0.31%
ASO	F	-0.31%
GEO	B	-0.31%
LOPE	B	-0.31%
PFS	B	-0.3%
CNK	A	-0.3%
SBRA	B	-0.3%
SCS	C	-0.3%
ATGE	B	-0.3%
PSN	A	-0.29%
HURN	B	-0.29%
IBOC	B	-0.29%
BKE	A	-0.29%
BNL	D	-0.29%
DXC	B	-0.29%
TWI	D	-0.28%
HCC	C	-0.28%
CRDO	B	-0.28%
BHE	B	-0.28%
ITCI	B	-0.28%
HCI	B	-0.28%
BKH	B	-0.27%
THFF	A	-0.27%
GIII	C	-0.27%
HUBG	B	-0.27%
VRNS	D	-0.27%
AVNS	D	-0.27%
MEDP	D	-0.26%
MED	D	-0.26%
AZZ	B	-0.26%
PRM	C	-0.26%
PHIN	B	-0.26%
PRG	C	-0.26%
VIRT	B	-0.26%
GNK	D	-0.25%
AGX	B	-0.25%
ADMA	B	-0.25%
ABG	B	-0.25%
SXC	B	-0.25%
DNOW	B	-0.25%
LMAT	B	-0.24%
BKU	B	-0.24%
HDSN	F	-0.24%
PIPR	B	-0.23%
INTA	B	-0.23%
ASC	F	-0.23%
NTCT	B	-0.23%
SMP	B	-0.23%
IMKTA	C	-0.22%
VNDA	B	-0.22%
INSW	F	-0.22%
KN	B	-0.22%
SBH	C	-0.22%
MRVI	F	-0.21%
HLX	D	-0.21%
BLFS	B	-0.21%
TMDX	F	-0.21%
ENS	D	-0.21%
NX	C	-0.21%
AMKR	F	-0.21%
DHT	F	-0.2%
VCTR	B	-0.2%
HAE	B	-0.2%
SGBX	F	-0.2%
ONTO	F	-0.2%
WABC	B	-0.2%
CMPR	D	-0.2%
PK	B	-0.2%
KRC	C	-0.2%
EXTR	B	-0.2%
GOGL	D	-0.19%
NVST	C	-0.19%
UCTT	F	-0.19%
ASGN	B	-0.19%
NSSC	F	-0.19%
NUS	D	-0.19%
TARS	B	-0.19%
TNC	F	-0.18%
NAVI	C	-0.18%
HOV	D	-0.18%
AXSM	B	-0.18%
STNG	F	-0.17%
VSH	F	-0.17%
HY	F	-0.17%
TPC	B	-0.17%
ADNT	F	-0.17%
GES	F	-0.16%
BRC	B	-0.16%
XRX	F	-0.16%
SCVL	D	-0.15%
TGTX	B	-0.15%
HROW	B	-0.15%
OSCR	F	-0.15%
SCSC	B	-0.14%
ALRM	C	-0.14%
PCRX	D	-0.14%
AYI	A	-0.14%
TWST	C	-0.13%
CSGS	B	-0.13%
CLW	F	-0.13%
ALKT	C	-0.13%
METC	C	-0.13%
ASTH	F	-0.13%
INVA	B	-0.12%
EIG	B	-0.12%
AIT	A	-0.12%
YEXT	B	-0.11%
CGEM	F	-0.11%
CECO	D	-0.11%
CHRD	F	-0.11%
GFF	C	-0.1%
AMCX	C	-0.1%
RAMP	C	-0.09%
SPSC	D	-0.09%
MAX	F	-0.09%
MLKN	D	-0.08%
CTRE	C	-0.08%
KRYS	B	-0.08%
KTB	B	-0.08%
KSS	F	-0.07%
TPH	D	-0.07%
WGO	B	-0.07%
APAM	B	-0.06%
FTDR	B	-0.06%
AMPH	C	-0.06%
GRND	B	-0.06%
EOLS	F	-0.06%
AMN	F	-0.06%
JWN	B	-0.06%
ATLO	D	-0.06%
REVG	B	-0.05%
OTTR	C	-0.05%
SWX	B	-0.05%
ATEN	A	-0.05%
COLL	F	-0.05%
OGS	B	-0.05%
CTS	B	-0.05%
OMI	F	-0.05%
NSIT	F	-0.05%
SWI	B	-0.04%
LBRT	D	-0.04%
VITL	F	-0.04%
PHR	D	-0.04%
SEMR	C	-0.04%
TDC	D	-0.04%
FORM	D	-0.04%
ANDE	D	-0.04%
HE	F	-0.04%
PGNY	F	-0.03%
JBI	F	-0.03%
RYI	C	-0.03%
EMBC	B	-0.03%
ACLS	F	-0.02%
ACIW	B	-0.02%
MITK	C	-0.0%
MAIN	A	-0.0%
EPAC	B	-0.0%