FIW vs. AIRR ETF Comparison

Comparison of First Trust ISE Water Index Fund (FIW) to First Trust RBA American Industrial Renaissance ETF (AIRR)
FIW

First Trust ISE Water Index Fund

FIW 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 ISE Water Index(TM). 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 index is a modified market-capitalization weighted portfolio of 36 stocks of companies as of March 31, 2013 that derive a substantial portion of their revenues from the potable and wastewater industries. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$108.56

Average Daily Volume

35,289

Number of Holdings *

32

* may have additional holdings in another (foreign) market
AIRR

First Trust RBA American Industrial Renaissance ETF

AIRR Description The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Richard Bernstein Advisors American Industrial Renaissance Index (the "index"). The fund will normally invest at least 90% of its net assets (plus the amount of any borrowings for investment purposes) in U.S. equity securities that comprise the index. The index is designed to measure the performance of small and mid cap U.S. companies in the industrial and community banking sectors. It is non-diversified.

Grade (RS Rating)

Last Trade

$84.29

Average Daily Volume

353,853

Number of Holdings *

52

* may have additional holdings in another (foreign) market
Performance
Period FIW AIRR
30 Days 0.91% 10.04%
60 Days 1.09% 12.99%
90 Days 1.37% 15.82%
12 Months 25.29% 64.82%
5 Overlapping Holdings
Symbol Grade Weight in FIW Weight in AIRR Overlap
CNM D 2.76% 2.56% 2.56%
MLI B 3.74% 3.42% 3.42%
MWA B 2.28% 1.74% 1.74%
WMS F 2.98% 2.33% 2.33%
ZWS B 2.42% 2.93% 2.42%
FIW Overweight 27 Positions Relative to AIRR
Symbol Grade Weight
IEX C 4.41%
PNR A 4.19%
WAT C 4.12%
ROP B 3.98%
ECL D 3.9%
ACM B 3.83%
AWK C 3.83%
VLTO C 3.67%
XYL D 3.57%
A D 3.56%
WTRG B 3.5%
IDXX F 3.5%
BMI B 3.1%
TTEK F 3.04%
AOS F 2.59%
VMI B 2.39%
ITRI C 2.26%
WTS B 2.15%
AWR B 2.09%
FELE B 2.05%
CWT C 1.85%
MSEX C 1.31%
LNN B 1.26%
SBS B 1.25%
HWKN B 1.23%
SJW F 1.16%
MEG F 0.68%
FIW Underweight 47 Positions Relative to AIRR
Symbol Grade Weight
AAON B -3.32%
AIT B -3.3%
GVA A -3.25%
EME A -3.09%
RBC A -3.04%
BWXT B -2.98%
KEX B -2.96%
MDU D -2.9%
MSM C -2.87%
CHRW B -2.82%
HRI C -2.74%
ATKR D -2.73%
DY D -2.72%
CLH C -2.71%
PRIM A -2.63%
MTZ B -2.55%
FIX A -2.52%
FSS B -2.38%
ROAD B -2.16%
HII F -2.08%
ACA A -1.75%
FNB A -1.72%
STRL A -1.71%
ASB B -1.42%
WTFC A -1.41%
ONB C -1.38%
MRCY C -1.28%
GBX A -1.15%
HEES C -1.12%
VSEC C -1.06%
BLBD D -0.96%
FULT A -0.94%
TGI B -0.91%
POWL C -0.91%
WNC C -0.91%
DNOW B -0.87%
FFBC B -0.87%
LMB B -0.83%
TPC C -0.81%
PRLB B -0.8%
XMTR B -0.78%
PRK B -0.78%
FRME B -0.77%
FCF B -0.67%
AMRC D -0.62%
LKFN C -0.57%
TRNS D -0.53%
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