FTLS vs. RAFE ETF Comparison

Comparison of First Trust Long/Short Equity (FTLS) to PIMCO RAFI ESG U.S. ETF (RAFE)

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

$65.59

Average Daily Volume

128,344

Number of Holdings ^*

384

* may have additional holdings in another (foreign) market

RAFE

PIMCO RAFI ESG U.S. ETF

RAFE Description

The investment seeks to provide total return that closely corresponds, before fees and expenses, to the total return of the RAFI ESG US Index. The fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its total assets in the component securities of the RAFI ESG US Index. The underlying index is constructed by RAFI Indices, LLC using a rules-based approach within publicly traded U.S. equities to create an integrated ESG strategy which overweights companies that rate well across various ESG themes and excludes companies with a major involvement in industries such as tobacco, gaming, weapons and fossil fuels.

Grade (RS Rating)

Last Trade

$37.47

Average Daily Volume

12,394

Number of Holdings ^*

237

* may have additional holdings in another (foreign) market

Performance

Period	FTLS	RAFE
30 Days	1.17%	0.70%
60 Days	4.53%	2.26%
90 Days	3.65%	3.92%
12 Months	20.51%	22.96%

68 Overlapping Holdings

Symbol	Grade	Weight in FTLS	Weight in RAFE	Overlap
AAPL	C	7.44%	5.06%	5.06%
ABT	B	-0.14%	0.93%	-0.14%
ACN	B	2.11%	0.78%	0.78%
ALL	A	0.88%	0.46%	0.46%
AMAT	F	-0.04%	0.71%	-0.04%
AMD	F	-0.03%	0.05%	-0.03%
APD	A	-0.7%	0.32%	-0.7%
AVGO	D	1.06%	1.07%	1.06%
BK	A	-0.37%	0.16%	-0.37%
C	A	2.18%	2.61%	2.18%
CAG	F	0.38%	0.06%	0.06%
CDNS	B	-0.69%	0.1%	-0.69%
CDW	F	-0.06%	0.09%	-0.06%
CF	A	0.55%	0.12%	0.12%
CL	D	1.17%	0.29%	0.29%
CMCSA	B	-0.65%	1.28%	-0.65%
CMI	A	-0.36%	0.16%	-0.36%
DE	B	-0.48%	0.43%	-0.48%
DIS	B	-0.73%	0.85%	-0.73%
EA	A	-0.02%	0.23%	-0.02%
FAST	B	-0.03%	0.1%	-0.03%
FDX	B	1.69%	0.35%	0.35%
FIS	C	1.0%	0.29%	0.29%
FLEX	B	0.44%	0.04%	0.04%
GEHC	D	-0.26%	0.22%	-0.26%
GEN	B	0.45%	0.03%	0.03%
GM	C	0.14%	1.79%	0.14%
GPC	D	-0.1%	0.06%	-0.1%
HCA	F	-0.07%	0.08%	-0.07%
HPQ	B	1.0%	0.58%	0.58%
ILMN	C	1.13%	0.07%	0.07%
INTC	C	-0.15%	2.33%	-0.15%
ISRG	A	-0.32%	0.11%	-0.32%
JNJ	C	1.85%	2.55%	1.85%
JPM	A	0.93%	3.18%	0.93%
KD	B	-0.02%	0.05%	-0.02%
KEYS	A	-0.12%	0.09%	-0.12%
LIN	C	-0.59%	0.91%	-0.59%
LLY	F	0.84%	0.6%	0.6%
LOW	C	2.16%	0.95%	0.95%
MDLZ	F	-0.33%	0.24%	-0.33%
META	D	1.77%	0.98%	0.98%
MMM	D	-0.3%	0.88%	-0.3%
MSFT	D	4.45%	4.52%	4.45%
MSI	B	-0.43%	0.17%	-0.43%
MU	D	-0.16%	0.84%	-0.16%
NFLX	A	-0.15%	0.06%	-0.15%
NTAP	C	0.75%	0.22%	0.22%
NTRS	A	0.42%	0.06%	0.06%
NVDA	B	4.84%	0.88%	0.88%
NWSA	A	-0.03%	0.06%	-0.03%
OMC	C	-0.27%	0.12%	-0.27%
ORCL	A	-0.41%	1.33%	-0.41%
PAYX	B	-0.57%	0.09%	-0.57%
PEP	F	-0.57%	0.24%	-0.57%
PG	C	-0.26%	2.18%	-0.26%
PKG	A	-0.15%	0.12%	-0.15%
QCOM	F	1.88%	1.29%	1.29%
SNPS	B	-0.29%	0.07%	-0.29%
SWK	D	0.4%	0.09%	0.09%
SYK	B	-0.17%	0.09%	-0.17%
SYY	D	0.83%	0.2%	0.2%
TMUS	B	2.32%	0.37%	0.37%
TSLA	B	-0.32%	0.39%	-0.32%
TXN	C	-0.36%	0.7%	-0.36%
UNH	B	-0.4%	0.5%	-0.4%
WAT	C	-0.3%	0.09%	-0.3%
WM	B	-0.47%	0.35%	-0.47%

FTLS Overweight 316 Positions Relative to RAFE

Symbol	Grade	Weight
AMZN	C	2.74%
SCHW	B	2.26%
PM	B	1.92%
PH	A	1.64%
CME	B	1.57%
MO	A	1.51%
VLO	C	1.43%
GOOGL	C	1.4%
MPC	D	1.37%
USB	A	1.35%
KMI	A	1.23%
LNG	A	1.19%
GOOG	C	1.17%
BRK.A	B	1.13%
CTAS	B	1.09%
TRV	B	1.05%
TFC	A	1.02%
HWM	A	0.97%
FANG	C	0.83%
SYF	B	0.79%
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%
NVR	D	0.55%
INSM	C	0.54%
VLTO	C	0.49%
BJ	A	0.47%
MAS	D	0.46%
VRSN	C	0.45%
OKTA	C	0.45%
CROX	D	0.44%
ZIM	C	0.44%
GL	C	0.41%
NVS	F	0.41%
FFIV	B	0.4%
VICI	C	0.4%
PENN	C	0.4%
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%
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%
CVX	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%
WMT	A	-0.03%
PAR	A	-0.03%
ICHR	C	-0.03%
CNNE	B	-0.03%
GE	D	-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%
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%
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%
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%
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%
VVV	D	-0.1%
ING	F	-0.1%
HII	F	-0.11%
ARGX	B	-0.11%
HAE	C	-0.11%
SLB	C	-0.12%
HQY	A	-0.13%
BKR	A	-0.13%
STE	D	-0.13%
TM	F	-0.15%
ASX	D	-0.15%
IPG	D	-0.16%
INFY	C	-0.16%
GSK	F	-0.16%
VMC	B	-0.16%
EFX	F	-0.19%
URI	C	-0.2%
GWRE	A	-0.2%
BWXT	B	-0.2%
FMX	F	-0.2%
HSBC	A	-0.21%
PCAR	B	-0.22%
DEO	F	-0.22%
CCEP	C	-0.23%
PANW	B	-0.25%
KR	B	-0.25%
TYL	B	-0.25%
SAP	B	-0.27%
NSC	B	-0.27%
BABA	D	-0.28%
UL	D	-0.3%
LMT	D	-0.32%
TTWO	A	-0.33%
NOW	A	-0.35%
ZBH	C	-0.36%
HDB	C	-0.38%
MCD	D	-0.41%
ASML	F	-0.41%
XOM	B	-0.45%
MLM	C	-0.46%
PNC	B	-0.51%
GD	D	-0.52%
VRSK	A	-0.55%
ETN	A	-0.58%

FTLS Underweight 169 Positions Relative to RAFE

Symbol	Grade	Weight
CSCO	B	-2.39%
WFC	A	-2.2%
PFE	F	-1.92%
T	A	-1.86%
BMY	B	-1.6%
IBM	C	-1.45%
HD	B	-1.4%
MRK	D	-1.39%
VZ	C	-1.29%
ABBV	F	-1.26%
CI	D	-1.09%
AMGN	F	-0.98%
F	C	-0.92%
TGT	F	-0.91%
GILD	C	-0.87%
V	A	-0.86%
GS	A	-0.8%
KO	D	-0.78%
ELV	F	-0.76%
BAC	A	-0.68%
MA	B	-0.63%
HPE	B	-0.56%
MET	A	-0.55%
PYPL	B	-0.51%
AXP	A	-0.51%
ADBE	C	-0.5%
CRM	B	-0.49%
DD	C	-0.48%
JCI	B	-0.45%
LRCX	F	-0.43%
UPS	C	-0.42%
DOW	F	-0.42%
NKE	F	-0.4%
PRU	A	-0.4%
BBY	D	-0.4%
DHR	F	-0.38%
TJX	A	-0.38%
ADP	A	-0.37%
NEM	D	-0.36%
IP	A	-0.34%
MCK	A	-0.34%
EBAY	D	-0.33%
HUM	C	-0.33%
CVS	D	-0.32%
ADI	D	-0.31%
WDC	D	-0.3%
CARR	C	-0.3%
CBRE	B	-0.3%
BDX	F	-0.27%
GIS	D	-0.26%
ADM	D	-0.26%
WELL	A	-0.26%
ITW	B	-0.25%
BIIB	F	-0.24%
CAH	B	-0.24%
MAR	A	-0.23%
KMB	C	-0.23%
LUMN	C	-0.22%
FI	A	-0.22%
STT	B	-0.21%
WY	F	-0.21%
HIG	B	-0.21%
ECL	D	-0.21%
CCI	C	-0.21%
AMP	A	-0.2%
PGR	A	-0.2%
EQIX	A	-0.19%
EIX	B	-0.19%
PARA	C	-0.18%
KLAC	F	-0.18%
JLL	D	-0.18%
VTR	B	-0.18%
MOS	F	-0.17%
PPG	F	-0.17%
KHC	F	-0.17%
WHR	B	-0.17%
OC	A	-0.17%
VFC	C	-0.16%
PFG	D	-0.16%
JNPR	D	-0.16%
GWW	B	-0.15%
AMT	C	-0.15%
FOXA	A	-0.15%
BAX	F	-0.15%
IRM	C	-0.15%
LH	B	-0.15%
CTSH	B	-0.15%
K	A	-0.14%
SHW	B	-0.13%
EQR	C	-0.13%
BALL	F	-0.13%
AVB	B	-0.13%
A	D	-0.13%
MCO	B	-0.13%
DVA	C	-0.13%
DG	F	-0.12%
HLT	A	-0.12%
EW	C	-0.12%
ARW	D	-0.12%
KSS	F	-0.12%
DELL	B	-0.11%
MRVL	B	-0.11%
COR	B	-0.11%
CNC	D	-0.11%
ZTS	D	-0.11%
KDP	F	-0.11%
TPR	B	-0.11%
IFF	D	-0.1%
AWK	C	-0.1%
FITB	B	-0.1%
BSX	A	-0.09%
TSCO	D	-0.09%
HST	C	-0.09%
TROW	B	-0.09%
EL	F	-0.09%
PVH	C	-0.09%
GAP	C	-0.09%
OTIS	C	-0.09%
DOX	D	-0.08%
AVT	C	-0.08%
TER	F	-0.08%
WBA	F	-0.08%
ON	D	-0.08%
SPGI	C	-0.08%
HOLX	D	-0.08%
LNC	C	-0.07%
LEA	F	-0.07%
LKQ	F	-0.07%
WAB	B	-0.07%
VTRS	A	-0.07%
SOLV	D	-0.07%
SJM	D	-0.07%
USFD	A	-0.07%
HUN	F	-0.06%
MAA	B	-0.06%
AKAM	D	-0.06%
DXC	B	-0.06%
PLD	F	-0.06%
DOV	A	-0.05%
HSY	F	-0.05%
EQH	C	-0.05%
DGX	A	-0.05%
CHD	A	-0.05%
NDAQ	A	-0.05%
KIM	A	-0.05%
GT	C	-0.05%
TSN	B	-0.05%
MCHP	F	-0.05%
NWL	C	-0.04%
ESS	B	-0.04%
ORLY	B	-0.04%
HAS	D	-0.04%
XRX	F	-0.04%
MHK	D	-0.04%
CTVA	C	-0.04%
ROK	C	-0.04%
CPB	D	-0.04%
HSIC	C	-0.04%
FL	F	-0.04%
WU	F	-0.03%
AAP	D	-0.03%
AGCO	D	-0.03%
OGN	F	-0.03%
RSG	A	-0.03%
ANET	C	-0.02%
MAN	F	-0.02%
M	F	-0.02%
HRL	D	-0.01%
O	C	-0.01%