FOVL vs. FPX ETF Comparison

Comparison of iShares Focused Value Factor ETF (FOVL) to First Trust IPOX-100 Index Fund (FPX)

FOVL

iShares Focused Value Factor ETF

FOVL Description

The investment seeks to track the to track the investment results of the Focused Value Select Index, which is an objective, rules-based, equal-weighted equity index provided by FTSE Russell. The underlying index measures the performance of large- and mid-capitalization U.S. companies with prominent value factor characteristics, as determined by Russell. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. It is non-diversified.

Grade (RS Rating)

Last Trade

$59.10

Average Daily Volume

7,991

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FPX

First Trust IPOX-100 Index Fund

FPX 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 IPOX(R)-100 U.S. Index. 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, value-weighted price index measuring the performance of the top U.S. companies ranked quarterly by market capitalization in the IPOX(R) Global Composite Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$99.28

Average Daily Volume

16,042

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FOVL	FPX
30 Days	-2.47%	-3.80%
60 Days	-0.65%	-1.69%
90 Days	-5.10%	-6.48%
12 Months	18.57%	17.08%

1 Overlapping Holdings

	Symbol	Grade	Weight in FOVL	Weight in FPX	Overlap
	BLDR	F	2.42%	0.56%	0.56%

FOVL Overweight 39 Positions Relative to FPX

Symbol	Grade	Weight
TOL	D	3.33%
IBKR	B	3.29%
JPM	B	3.11%
SF	B	3.1%
PNFP	D	3.09%
FYBR	B	3.04%
AXS	B	3.03%
WTM	B	3.02%
HPE	B	2.91%
COF	D	2.87%
WLK	D	2.86%
JHG	B	2.82%
SNV	C	2.78%
ORI	C	2.77%
CNA	C	2.63%
LPX	C	2.63%
KMI	A	2.62%
T	A	2.58%
FNB	C	2.58%
FHB	C	2.55%
DFS	B	2.49%
WBS	D	2.47%
PFG	C	2.41%
LYB	C	2.37%
AMG	C	2.36%
UNM	C	2.36%
CUZ	D	2.31%
STT	C	2.25%
AN	D	2.24%
Z	C	2.21%
NUE	F	2.18%
AGR	D	2.13%
PNW	C	2.11%
CLF	F	2.0%
THO	F	1.99%
ALK	D	1.77%
SNDR	C	1.76%
LSXMK	F	1.54%
LLYVK	D	0.63%

FOVL Underweight 87 Positions Relative to FPX

Symbol	Grade	Weight
IOT	D	-6.86%
ABNB	C	-6.57%
CARR	B	-6.35%
REGN	A	-6.08%
CEG	B	-4.85%
UBER	B	-4.48%
OTIS	C	-3.3%
DASH	D	-3.22%
VRT	C	-2.79%
SQ	D	-2.34%
DUOL	B	-2.23%
GEHC	C	-2.18%
CNM	D	-2.04%
DKNG	D	-1.61%
ON	D	-1.59%
COIN	C	-1.58%
CRWD	A	-1.44%
PLTR	B	-1.4%
KVUE	D	-1.36%
SNOW	F	-1.29%
TPG	C	-1.15%
CRBG	B	-1.11%
HQY	B	-1.11%
APP	B	-1.1%
CR	B	-1.0%
HOOD	B	-0.88%
ESAB	D	-0.88%
RKT	C	-0.87%
AZEK	D	-0.84%
VNT	D	-0.84%
NET	C	-0.82%
OWL	C	-0.78%
VLTO	B	-0.76%
RBLX	C	-0.7%
VERX	B	-0.67%
BRBR	C	-0.67%
DTM	A	-0.61%
NSIT	B	-0.61%
PCVX	B	-0.6%
EDR	A	-0.57%
PR	C	-0.55%
RYAN	B	-0.54%
BRZE	F	-0.54%
KD	B	-0.54%
BSY	D	-0.52%
JXN	B	-0.51%
NRG	B	-0.51%
RDDT	B	-0.45%
PSN	B	-0.44%
GTLB	F	-0.42%
INFA	D	-0.41%
FNF	D	-0.41%
PECO	C	-0.4%
TOST	C	-0.4%
FOUR	C	-0.37%
KNF	C	-0.37%
PCOR	D	-0.35%
CHK	D	-0.34%
RIVN	C	-0.33%
CRDO	A	-0.29%
ACT	C	-0.29%
BRKR	F	-0.28%
MKSI	B	-0.28%
LEGN	D	-0.23%
AMK	B	-0.23%
AFRM	B	-0.22%
CIVI	D	-0.21%
PATH	D	-0.2%
SQSP	A	-0.18%
S	D	-0.17%
GKOS	B	-0.17%
ACLX	C	-0.17%
BBIO	F	-0.16%
COOP	C	-0.16%
NUVL	B	-0.15%
ATKR	F	-0.15%
IMVT	D	-0.12%
ASO	F	-0.12%
SGBX	F	-0.11%
PRCT	C	-0.1%
HAYW	D	-0.09%
ACVA	C	-0.09%
RXO	A	-0.07%
APLS	F	-0.07%
KYMR	D	-0.06%
JBI	D	-0.06%
KROS	F	-0.05%