FTLS vs. XLF ETF Comparison

Comparison of First Trust Long/Short Equity (FTLS) to SPDR Select Sector Fund - Financial (XLF)

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

$65.77

Average Daily Volume

128,344

Number of Holdings ^*

384

* may have additional holdings in another (foreign) market

XLF

SPDR Select Sector Fund - Financial

XLF Description

The investment seeks investment results that, before expenses, correspond to the price and yield performance of publicly traded equity securities of companies in The Financial Select Sector Index. In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies from the following industries: diversified financial services; insurance; commercial banks; capital markets; REITs; consumer finance; thrifts & mortgage finance; and real estate management & development. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$50.68

Average Daily Volume

39,045,484

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FTLS	XLF
30 Days	1.17%	6.41%
60 Days	4.53%	10.28%
90 Days	3.65%	13.33%
12 Months	20.51%	44.57%

18 Overlapping Holdings

Symbol	Grade	Weight in FTLS	Weight in XLF	Overlap
AFL	B	0.7%	0.8%	0.7%
AIZ	A	0.22%	0.16%	0.16%
ALL	A	0.88%	0.75%	0.75%
BK	A	-0.37%	0.83%	-0.37%
BRK.A	B	1.13%	12.45%	1.13%
C	A	2.18%	1.89%	1.89%
CME	B	1.57%	1.17%	1.17%
FIS	C	1.0%	0.7%	0.7%
GL	C	0.41%	0.14%	0.14%
JPM	A	0.93%	10.0%	0.93%
NTRS	A	0.42%	0.31%	0.31%
PNC	B	-0.51%	1.2%	-0.51%
SCHW	B	2.26%	1.74%	1.74%
SYF	B	0.79%	0.37%	0.37%
TFC	A	1.02%	0.9%	0.9%
TRV	B	1.05%	0.85%	0.85%
USB	A	1.35%	1.14%	1.14%
WRB	A	0.32%	0.26%	0.26%

FTLS Overweight 366 Positions Relative to XLF

Symbol	Grade	Weight
AAPL	C	7.44%
NVDA	B	4.84%
MSFT	D	4.45%
AMZN	C	2.74%
TMUS	B	2.32%
LOW	C	2.16%
ACN	B	2.11%
PM	B	1.92%
QCOM	F	1.88%
JNJ	C	1.85%
META	D	1.77%
FDX	B	1.69%
PH	A	1.64%
MO	A	1.51%
VLO	C	1.43%
GOOGL	C	1.4%
MPC	D	1.37%
KMI	A	1.23%
LNG	A	1.19%
CL	D	1.17%
GOOG	C	1.17%
ILMN	C	1.13%
CTAS	B	1.09%
AVGO	D	1.06%
HPQ	B	1.0%
HWM	A	0.97%
LLY	F	0.84%
SYY	D	0.83%
FANG	C	0.83%
NTAP	C	0.75%
PBR	D	0.73%
JBL	C	0.73%
TWLO	A	0.72%
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%
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%
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%
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%
GM	C	0.14%
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%
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%
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%
AMD	F	-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%
AMAT	F	-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%
NFLX	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%
PCAR	B	-0.22%
DEO	F	-0.22%
CCEP	C	-0.23%
PANW	B	-0.25%
KR	B	-0.25%
TYL	B	-0.25%
GEHC	D	-0.26%
PG	C	-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%
TSLA	B	-0.32%
MDLZ	F	-0.33%
TTWO	A	-0.33%
NOW	A	-0.35%
CMI	A	-0.36%
ZBH	C	-0.36%
TXN	C	-0.36%
HDB	C	-0.38%
UNH	B	-0.4%
MCD	D	-0.41%
ASML	F	-0.41%
ORCL	A	-0.41%
MSI	B	-0.43%
XOM	B	-0.45%
MLM	C	-0.46%
WM	B	-0.47%
DE	B	-0.48%
GD	D	-0.52%
VRSK	A	-0.55%
PAYX	B	-0.57%
PEP	F	-0.57%
ETN	A	-0.58%
LIN	C	-0.59%
CMCSA	B	-0.65%
CDNS	B	-0.69%
APD	A	-0.7%
DIS	B	-0.73%

FTLS Underweight 54 Positions Relative to XLF

Symbol	Grade	Weight
V	A	-7.49%
MA	B	-6.24%
BAC	A	-4.5%
WFC	A	-3.6%
GS	A	-2.7%
MS	A	-2.4%
SPGI	C	-2.38%
AXP	A	-2.36%
PGR	A	-2.19%
BLK	B	-2.12%
BX	A	-1.9%
FI	A	-1.76%
MMC	B	-1.58%
CB	C	-1.57%
KKR	A	-1.48%
ICE	C	-1.31%
PYPL	B	-1.27%
AON	A	-1.19%
MCO	B	-1.1%
COF	C	-1.02%
AJG	A	-0.94%
AMP	A	-0.8%
MET	A	-0.71%
AIG	B	-0.71%
MSCI	C	-0.69%
PRU	A	-0.65%
DFS	B	-0.63%
ACGL	C	-0.54%
MTB	A	-0.52%
HIG	B	-0.5%
NDAQ	A	-0.47%
FITB	B	-0.46%
WTW	B	-0.46%
GPN	B	-0.43%
RJF	A	-0.43%
STT	B	-0.41%
TROW	B	-0.39%
BRO	B	-0.38%
HBAN	A	-0.37%
CPAY	A	-0.37%
RF	A	-0.35%
CINF	A	-0.34%
CBOE	C	-0.3%
CFG	B	-0.3%
PFG	D	-0.27%
FDS	B	-0.27%
KEY	B	-0.26%
EG	C	-0.23%
L	A	-0.22%
JKHY	D	-0.18%
MKTX	D	-0.15%
ERIE	D	-0.15%
IVZ	B	-0.12%
BEN	C	-0.1%