FTLS vs. DYNF ETF Comparison

Comparison of First Trust Long/Short Equity (FTLS) to BlackRock U.S. Equity Factor Rotation ETF (DYNF)

FTLS

First Trust Long/Short Equity

FTLS Description

The investment seeks to provide investors with long-term total return. Under normal circumstances, at least 80% of the fund's assets (plus the amount of any borrowing for investment purposes) will be exposed to U.S. exchange-listed equity securities of U.S. and foreign companies by investing in such securities directly and/or in U.S. exchange-traded funds ("ETFs") that provide exposure to such securities. It may invest up to 20% of its net assets (plus the amount of any borrowing for investment purposes) in U.S. exchange-listed equity index futures contracts. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$65.70

Average Daily Volume

128,344

Number of Holdings ^*

384

* may have additional holdings in another (foreign) market

DYNF

BlackRock U.S. Equity Factor Rotation ETF

DYNF Description

The investment seeks to outperform the investment results of the large- and mid-capitalization U.S. equity markets by providing diversified and tactical exposure to style factors via a factor rotation model. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets plus the amount of any borrowings for investment purposes in U.S. listed common stock of large- and mid-capitalization companies selected based on a proprietary Factor Rotation model developed by BFA and its affiliates. It is non-diversified.

Grade (RS Rating)

Last Trade

$52.10

Average Daily Volume

1,188,088

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FTLS	DYNF
30 Days	1.17%	2.12%
60 Days	4.53%	5.95%
90 Days	3.65%	7.23%
12 Months	20.51%	39.59%

37 Overlapping Holdings

Symbol	Grade	Weight in FTLS	Weight in DYNF	Overlap
AAPL	C	7.44%	6.83%	6.83%
AMAT	F	-0.04%	0.0%	-0.04%
AMD	F	-0.03%	0.0%	-0.03%
AMZN	C	2.74%	4.86%	2.74%
AVGO	D	1.06%	1.63%	1.06%
BRK.A	B	1.13%	1.77%	1.13%
C	A	2.18%	0.26%	0.26%
CVX	A	-0.02%	0.3%	-0.02%
ETN	A	-0.58%	1.44%	-0.58%
GE	D	-0.03%	0.79%	-0.03%
GM	C	0.14%	0.83%	0.14%
GOOG	C	1.17%	1.58%	1.17%
GOOGL	C	1.4%	3.25%	1.4%
JNJ	C	1.85%	1.77%	1.77%
JPM	A	0.93%	2.9%	0.93%
LIN	C	-0.59%	0.0%	-0.59%
LLY	F	0.84%	1.15%	0.84%
META	D	1.77%	3.93%	1.77%
MPC	D	1.37%	0.21%	0.21%
MSFT	D	4.45%	7.19%	4.45%
NFLX	A	-0.15%	0.95%	-0.15%
NOW	A	-0.35%	1.71%	-0.35%
NVDA	B	4.84%	9.18%	4.84%
ORCL	A	-0.41%	0.08%	-0.41%
PANW	B	-0.25%	0.02%	-0.25%
PCAR	B	-0.22%	0.98%	-0.22%
PG	C	-0.26%	1.85%	-0.26%
PH	A	1.64%	0.54%	0.54%
QCOM	F	1.88%	0.0%	0.0%
TMUS	B	2.32%	1.77%	1.77%
TRV	B	1.05%	1.36%	1.05%
TSLA	B	-0.32%	1.91%	-0.32%
UNH	B	-0.4%	2.73%	-0.4%
VLO	C	1.43%	0.0%	0.0%
WM	B	-0.47%	0.17%	-0.47%
WMT	A	-0.03%	1.61%	-0.03%
XOM	B	-0.45%	4.04%	-0.45%

FTLS Overweight 347 Positions Relative to DYNF

Symbol	Grade	Weight
SCHW	B	2.26%
LOW	C	2.16%
ACN	B	2.11%
PM	B	1.92%
FDX	B	1.69%
CME	B	1.57%
MO	A	1.51%
USB	A	1.35%
KMI	A	1.23%
LNG	A	1.19%
CL	D	1.17%
ILMN	C	1.13%
CTAS	B	1.09%
TFC	A	1.02%
FIS	C	1.0%
HPQ	B	1.0%
HWM	A	0.97%
ALL	A	0.88%
SYY	D	0.83%
FANG	C	0.83%
SYF	B	0.79%
NTAP	C	0.75%
PBR	D	0.73%
JBL	C	0.73%
TWLO	A	0.72%
AFL	B	0.7%
RL	C	0.67%
EAT	A	0.65%
TOL	B	0.65%
CSL	C	0.6%
PNR	A	0.56%
CF	A	0.55%
NVR	D	0.55%
INSM	C	0.54%
VLTO	C	0.49%
BJ	A	0.47%
MAS	D	0.46%
GEN	B	0.45%
VRSN	C	0.45%
OKTA	C	0.45%
CROX	D	0.44%
ZIM	C	0.44%
FLEX	B	0.44%
NTRS	A	0.42%
GL	C	0.41%
NVS	F	0.41%
FFIV	B	0.4%
VICI	C	0.4%
PENN	C	0.4%
SWK	D	0.4%
CAG	F	0.38%
DBX	B	0.36%
EXP	B	0.35%
CRS	B	0.34%
SNA	A	0.33%
TKO	A	0.32%
WRB	A	0.32%
JAZZ	B	0.31%
LPX	B	0.31%
TTC	C	0.31%
AYI	B	0.29%
CCK	D	0.29%
ALLY	C	0.29%
PI	D	0.27%
ASO	F	0.27%
SPYV	A	0.26%
SCHV	A	0.26%
IWD	A	0.26%
EWBC	A	0.25%
CNK	C	0.24%
RPRX	D	0.23%
KNSL	B	0.22%
AIZ	A	0.22%
SAM	C	0.21%
WHD	B	0.21%
ALSN	B	0.2%
MGY	A	0.2%
MSM	C	0.2%
COLB	B	0.19%
UHS	D	0.19%
HRB	D	0.19%
EXEL	B	0.19%
THO	B	0.18%
PNFP	B	0.17%
ALKS	C	0.17%
GLBE	B	0.17%
ADMA	B	0.17%
CALM	A	0.16%
UMBF	B	0.16%
STNG	F	0.16%
TWST	F	0.16%
SFM	A	0.16%
ORI	A	0.15%
MATX	C	0.15%
PRI	B	0.15%
CRC	A	0.15%
SKYW	C	0.15%
AXS	A	0.14%
CSWI	B	0.13%
PAA	B	0.13%
GMS	B	0.13%
CBSH	B	0.13%
CBT	D	0.13%
LEG	F	0.13%
LOGI	D	0.13%
GFF	A	0.13%
BFH	C	0.13%
SIGI	C	0.13%
FTDR	B	0.12%
SMPL	B	0.12%
ZWS	B	0.12%
VRNA	B	0.12%
MTG	C	0.12%
TCBI	C	0.11%
AM	A	0.11%
ENLC	A	0.11%
HESM	B	0.11%
OPCH	D	0.11%
PPC	C	0.11%
BFAM	D	0.11%
WGO	C	0.11%
KRG	B	0.11%
TBBK	B	0.1%
LOPE	C	0.1%
THG	A	0.1%
MMS	F	0.1%
ABM	B	0.1%
NSA	C	0.1%
ESNT	F	0.09%
KFY	B	0.09%
PRGS	A	0.09%
DBRG	F	0.09%
CARG	B	0.09%
VCYT	B	0.09%
CUBI	B	0.09%
LCII	C	0.09%
YOU	D	0.09%
GRBK	D	0.09%
EXTR	C	0.09%
GBCI	B	0.09%
LANC	C	0.08%
UBSI	B	0.08%
RDFN	D	0.08%
TXG	F	0.08%
EPR	C	0.08%
KMPR	A	0.08%
BOH	B	0.08%
FOLD	F	0.08%
RLI	A	0.08%
PAYO	A	0.08%
NMIH	C	0.07%
EBC	B	0.07%
BCRX	D	0.07%
FHB	B	0.07%
PBH	A	0.07%
PLXS	B	0.07%
WMB	A	0.07%
REVG	C	0.07%
AVNT	B	0.07%
HAYW	B	0.07%
AZZ	A	0.07%
ICFI	F	0.06%
ADUS	D	0.06%
WFG	C	0.06%
BRC	D	0.06%
OTEX	F	0.06%
PLMR	A	0.06%
AUB	B	0.06%
ROIC	A	0.06%
SUPN	C	0.06%
MQ	D	0.06%
COLL	F	0.05%
TRMD	F	0.05%
GSL	F	0.05%
AMPH	F	0.05%
CDNA	D	0.04%
MYGN	F	0.04%
VSAT	F	-0.01%
VIST	B	-0.02%
CBU	B	-0.02%
AMRK	F	-0.02%
GPRE	F	-0.02%
RXST	F	-0.02%
DNB	B	-0.02%
COTY	F	-0.02%
HLN	C	-0.02%
KD	B	-0.02%
RIVN	F	-0.02%
SAIA	B	-0.02%
FRO	D	-0.02%
HON	C	-0.02%
LKFN	C	-0.02%
COHR	B	-0.02%
UWMC	D	-0.02%
WOLF	F	-0.02%
AER	A	-0.02%
IBOC	B	-0.02%
NVEE	F	-0.02%
EA	A	-0.02%
RUN	F	-0.02%
ENS	F	-0.02%
ARM	F	-0.02%
FSLR	F	-0.02%
ASPN	F	-0.02%
OSK	C	-0.03%
BE	B	-0.03%
UTZ	D	-0.03%
HHH	B	-0.03%
PRCT	B	-0.03%
PAR	A	-0.03%
ICHR	C	-0.03%
CNNE	B	-0.03%
GKOS	B	-0.03%
BVN	D	-0.03%
BURL	B	-0.03%
SDGR	C	-0.03%
NEOG	F	-0.03%
OSIS	A	-0.03%
NWSA	A	-0.03%
RDY	F	-0.03%
CLH	C	-0.03%
PSMT	D	-0.03%
ARLO	C	-0.03%
AMRC	F	-0.03%
AZTA	D	-0.03%
TMO	F	-0.03%
DIOD	D	-0.03%
SLGN	A	-0.03%
FAST	B	-0.03%
BIRK	D	-0.03%
STZ	D	-0.04%
CTRA	B	-0.04%
GATX	A	-0.04%
ATEC	C	-0.04%
CFLT	B	-0.04%
EQT	B	-0.04%
ERJ	A	-0.04%
APO	B	-0.04%
FFIN	B	-0.04%
TFIN	B	-0.04%
MARA	B	-0.04%
IRTC	C	-0.04%
CRDO	B	-0.04%
APPN	B	-0.04%
ENR	B	-0.04%
RCL	A	-0.04%
RH	C	-0.04%
ALB	B	-0.04%
LMND	B	-0.05%
SOFI	B	-0.05%
AEO	F	-0.05%
ACVA	B	-0.05%
ACIW	B	-0.05%
VRRM	F	-0.05%
UPST	B	-0.05%
LYFT	C	-0.05%
DLB	B	-0.06%
CDW	F	-0.06%
COP	C	-0.06%
TTD	B	-0.06%
ZD	B	-0.06%
WST	C	-0.06%
MSA	F	-0.06%
VAL	F	-0.06%
VNT	C	-0.07%
KTOS	B	-0.07%
MMYT	B	-0.07%
BA	F	-0.07%
MUFG	B	-0.07%
SSB	B	-0.07%
SE	A	-0.07%
AVY	F	-0.07%
IDCC	B	-0.07%
AVAV	C	-0.07%
HCA	F	-0.07%
MAT	D	-0.08%
CCOI	B	-0.08%
NSIT	F	-0.08%
NXPI	D	-0.08%
R	B	-0.09%
TRMB	B	-0.09%
DY	D	-0.09%
STM	F	-0.1%
GPC	D	-0.1%
VVV	D	-0.1%
ING	F	-0.1%
HII	F	-0.11%
ARGX	B	-0.11%
HAE	C	-0.11%
KEYS	A	-0.12%
SLB	C	-0.12%
HQY	A	-0.13%
BKR	A	-0.13%
STE	D	-0.13%
ABT	B	-0.14%
PKG	A	-0.15%
TM	F	-0.15%
ASX	D	-0.15%
INTC	C	-0.15%
IPG	D	-0.16%
MU	D	-0.16%
INFY	C	-0.16%
GSK	F	-0.16%
VMC	B	-0.16%
SYK	B	-0.17%
EFX	F	-0.19%
URI	C	-0.2%
GWRE	A	-0.2%
BWXT	B	-0.2%
FMX	F	-0.2%
HSBC	A	-0.21%
DEO	F	-0.22%
CCEP	C	-0.23%
KR	B	-0.25%
TYL	B	-0.25%
GEHC	D	-0.26%
SAP	B	-0.27%
OMC	C	-0.27%
NSC	B	-0.27%
BABA	D	-0.28%
SNPS	B	-0.29%
MMM	D	-0.3%
WAT	C	-0.3%
UL	D	-0.3%
LMT	D	-0.32%
ISRG	A	-0.32%
MDLZ	F	-0.33%
TTWO	A	-0.33%
CMI	A	-0.36%
ZBH	C	-0.36%
TXN	C	-0.36%
BK	A	-0.37%
HDB	C	-0.38%
MCD	D	-0.41%
ASML	F	-0.41%
MSI	B	-0.43%
MLM	C	-0.46%
DE	B	-0.48%
PNC	B	-0.51%
GD	D	-0.52%
VRSK	A	-0.55%
PAYX	B	-0.57%
PEP	F	-0.57%
CMCSA	B	-0.65%
CDNS	B	-0.69%
APD	A	-0.7%
DIS	B	-0.73%

FTLS Underweight 41 Positions Relative to DYNF

Symbol	Grade	Weight
LEN	D	-3.96%
BAC	A	-3.41%
COST	A	-2.83%
V	A	-2.41%
HIG	B	-1.93%
MA	B	-1.86%
PGR	A	-1.79%
BKNG	A	-1.64%
CRM	B	-1.52%
DUK	C	-1.47%
CAT	B	-1.47%
CSCO	B	-1.45%
TT	A	-1.17%
INTU	B	-0.54%
BSX	A	-0.42%
ACGL	C	-0.42%
T	A	-0.4%
PHM	D	-0.27%
AXP	A	-0.22%
RTX	D	-0.17%
APH	A	-0.14%
TJX	A	-0.1%
SO	C	-0.01%
DHI	F	-0.0%
WFC	A	-0.0%
HD	B	-0.0%
CMG	B	-0.0%
KHC	F	-0.0%
MRK	D	-0.0%
CPNG	D	-0.0%
M	F	-0.0%
SNOW	B	-0.0%
MET	A	-0.0%
NU	C	-0.0%
NTNX	B	-0.0%
DELL	B	-0.0%
HPE	B	-0.0%
WDAY	B	-0.0%
EG	C	-0.0%
WTW	B	-0.0%
TRGP	A	-0.0%