FPAG vs. ISHP ETF Comparison

Comparison of FPA Global Equity ETF (FPAG) to First Trust S-Network E-Commerc ETF (ISHP)

FPAG

FPA Global Equity ETF

FPAG Description

Although the adviser has adopted a policy to invest at least 80% of its assets in equity securities, the adviser expects to invest, under normal circumstances, at least 95% of the fund?s assets in equity securities. The fund invests primarily in publicly traded common stocks of mid- and large-cap U.S. and non-U.S. companies, including companies in emerging market countries. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.82

Average Daily Volume

18,426

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ISHP

First Trust S-Network E-Commerc ETF

ISHP Description

First Trust S-Network E-Commerce ETF is an exchange traded fund launched and managed by First Trust Advisors L.P. The fund invests in public equity markets of global region. It invests in stocks of companies operating across e-commerce industry, including the online retail, online marketplace, content navigation, and e-commerce infrastructure business sectors. The fund invests in value, growth and volatile stocks of companies across diversified market capitalization. It seeks to track the performance of the Nasdaq US Smart Retail Index, by using full replication technique. First Trust S-Network E-Commerce ETF was formed on September 20, 2016 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$29.29

Average Daily Volume

458

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FPAG	ISHP
30 Days	-3.32%	-1.88%
60 Days	-0.11%	0.51%
90 Days	3.49%	4.72%
12 Months	23.55%	17.17%

6 Overlapping Holdings

Symbol	Grade	Weight in FPAG	Weight in ISHP	Overlap
AMZN	B	3.39%	1.6%	1.6%
BABA	C	0.29%	1.64%	0.29%
GOOGL	A	6.38%	1.68%	1.68%
KMX	F	1.85%	1.64%	1.64%
META	D	5.35%	1.6%	1.6%
UBER	D	1.16%	1.57%	1.16%

FPAG Overweight 19 Positions Relative to ISHP

Symbol	Grade	Weight
ADI	A	5.13%
C	A	4.88%
CMCSA	F	4.78%
TEL	C	4.58%
GOOG	A	4.17%
IFF	B	3.84%
WFC	A	3.66%
AON	D	2.69%
AVGO	D	2.26%
NXPI	B	2.21%
CHTR	F	1.75%
KMI	A	1.72%
MAR	D	1.69%
FE	A	1.49%
HWM	B	1.29%
ICLR	C	1.26%
WAB	A	1.23%
NFLX	D	0.66%
PCG	A	0.21%

FPAG Underweight 31 Positions Relative to ISHP

Symbol	Grade	Weight
CPNG	A	-2.01%
PDD	A	-1.78%
LULU	F	-1.76%
SHOP	D	-1.75%
GPN	F	-1.72%
JD	A	-1.72%
EXPE	D	-1.71%
TCOM	A	-1.7%
UPS	F	-1.69%
SNAP	A	-1.69%
FIS	D	-1.68%
FDX	B	-1.68%
EBAY	A	-1.67%
WMT	C	-1.66%
PYPL	A	-1.65%
CPRT	C	-1.64%
PINS	B	-1.64%
ABNB	C	-1.64%
BKNG	D	-1.63%
Z	F	-1.63%
WSM	A	-1.63%
BEKE	A	-1.62%
BIDU	C	-1.62%
CVNA	B	-1.59%
BBY	D	-1.58%
ZBRA	A	-1.57%
MELI	C	-1.57%
DASH	D	-1.55%
CSGP	B	-1.54%
PLD	F	-1.47%
YNDX	C	-0.0%