FIW vs. SMDV ETF Comparison

Comparison of First Trust ISE Water Index Fund (FIW) to ProShares Russell 2000 Dividend Growers ETF (SMDV)

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

$106.91

Average Daily Volume

36,306

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SMDV

ProShares Russell 2000 Dividend Growers ETF

SMDV Description

The investment seeks investment results before fees and expenses that track the performance of the Russell 2000 Dividend Growth Index. Under normal circumstances, the fund will invest at least 80% of its total assets in component securities (i.e., securities of the index and comparable securities that have economic characteristics that are substantially identical to the economic characteristics of the securities of the index). The index contains a minimum of 40 stocks, which are equally weighted, and no single sector is allowed to comprise more than 30% of the index&#39;s weight.

Grade (RS Rating)

Last Trade

$72.85

Average Daily Volume

30,379

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FIW	SMDV
30 Days	-2.65%	3.07%
60 Days	0.70%	6.10%
90 Days	1.87%	8.62%
12 Months	24.86%	27.92%

9 Overlapping Holdings

Symbol	Grade	Weight in FIW	Weight in SMDV	Overlap
AWR	A	2.03%	0.97%	0.97%
BMI	B	3.15%	1.07%	1.07%
CWT	C	1.82%	0.88%	0.88%
FELE	B	2.04%	1.03%	1.03%
LNN	B	1.26%	1.01%	1.01%
MSEX	B	1.33%	1.02%	1.02%
MWA	A	2.19%	1.21%	1.21%
SJW	F	1.15%	0.86%	0.86%
WTS	A	2.05%	1.01%	1.01%

FIW Overweight 24 Positions Relative to SMDV

Symbol	Grade	Weight
WAT	B	4.35%
IEX	B	4.32%
ROP	C	4.02%
PNR	A	3.96%
A	D	3.81%
ECL	D	3.79%
ACM	B	3.77%
MLI	B	3.76%
VLTO	D	3.62%
AWK	C	3.62%
XYL	D	3.51%
IDXX	F	3.51%
WMS	F	3.46%
WTRG	C	3.42%
TTEK	D	3.4%
CNM	F	2.8%
AOS	F	2.66%
ZWS	B	2.36%
ITRI	B	2.34%
VMI	B	2.33%
PRMW	C	2.2%
HWKN	C	1.17%
SBS	C	1.15%
MEG	F	0.88%

FIW Underweight 89 Positions Relative to SMDV

Symbol	Grade	Weight
APOG	B	-1.26%
AIT	A	-1.26%
KAI	A	-1.21%
MATX	B	-1.2%
TMP	A	-1.18%
SXI	A	-1.15%
ASB	A	-1.15%
CADE	A	-1.13%
WASH	A	-1.12%
AMSF	A	-1.11%
INDB	A	-1.1%
HFWA	A	-1.1%
SFNC	B	-1.1%
GRC	B	-1.09%
PFBC	A	-1.09%
CSGS	A	-1.09%
CBU	A	-1.09%
TRN	A	-1.09%
MGRC	B	-1.08%
FRME	A	-1.08%
LMAT	A	-1.08%
CNS	B	-1.08%
HMN	A	-1.07%
ORRF	A	-1.07%
GABC	A	-1.07%
IBCP	A	-1.06%
ABR	C	-1.06%
PEBO	A	-1.05%
ALG	B	-1.05%
FULT	A	-1.05%
MTRN	C	-1.05%
GATX	A	-1.05%
UBSI	A	-1.04%
ODC	D	-1.04%
POWI	D	-1.04%
WSBC	A	-1.04%
AVNT	A	-1.04%
CCOI	B	-1.04%
PFC	A	-1.04%
NPO	A	-1.03%
ABM	B	-1.03%
MBWM	A	-1.03%
GFF	A	-1.02%
FIBK	A	-1.02%
AUB	A	-1.02%
UCB	A	-1.01%
LANC	D	-1.01%
SBSI	B	-1.0%
SCL	D	-1.0%
PNM	B	-0.99%
JJSF	C	-0.98%
OGS	A	-0.98%
HI	C	-0.98%
HNI	A	-0.98%
WDFC	A	-0.97%
BCPC	B	-0.97%
NBTB	A	-0.97%
MATW	C	-0.96%
CPK	A	-0.96%
KWR	C	-0.96%
NXRT	A	-0.95%
CTRE	D	-0.95%
NWN	A	-0.95%
UTL	C	-0.94%
ALE	A	-0.94%
UVV	B	-0.93%
BUSE	A	-0.93%
NJR	A	-0.93%
BKH	A	-0.93%
OTTR	C	-0.93%
STBA	A	-0.93%
EXPO	D	-0.93%
ANDE	C	-0.93%
GTY	C	-0.92%
ENSG	D	-0.91%
NWE	C	-0.91%
SR	A	-0.9%
YORW	D	-0.9%
AVA	C	-0.89%
FUL	F	-0.89%
POR	D	-0.89%
JOUT	F	-0.88%
UHT	D	-0.87%
PLOW	D	-0.87%
HY	F	-0.85%
NSP	F	-0.84%
TRNO	D	-0.83%
HASI	F	-0.81%
SPTN	F	-0.78%