FTXL vs. QVAL ETF Comparison

Comparison of First Trust Nasdaq Semiconductor ETF (FTXL) to ValueShares U.S. Quantitative Value ETF (QVAL)

FTXL

First Trust Nasdaq Semiconductor ETF

FTXL Description

The First Trust Nasdaq Semiconductor ETF is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before the Fund's fees and expenses, of an index called the Nasdaq US Smart Semiconductor Index. The Fund seeks to replicate the holdings and weightings of the Nasdaq US Smart Semiconductor Index so as to generate performance results 95% correlated to that of the Nasdaq US Smart Semiconductor Index.

Grade (RS Rating)

Last Trade

$85.42

Average Daily Volume

128,826

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QVAL

ValueShares U.S. Quantitative Value ETF

QVAL Description

The investment seeks long-term capital appreciation. The fund is an actively managed ETF. Under normal circumstances, it seeks to achieve its investment objective by investing primarily in U.S. equity securities that the Adviser believes, based on quantitative analysis, are undervalued at the time of purchase and have the potential for capital appreciation. The fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in securities of U.S. companies. It will invest primarily in the exchange-listed common stock of U.S. companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$43.41

Average Daily Volume

25,744

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FTXL	QVAL
30 Days	-4.15%	-1.43%
60 Days	-0.39%	4.72%
90 Days	4.16%	6.93%
12 Months	46.88%	34.94%

0 Overlapping Holdings

	Symbol	Grade	Weight in FTXL	Weight in QVAL	Overlap

FTXL Overweight 31 Positions Relative to QVAL

Symbol	Grade	Weight
NVDA	D	8.84%
QCOM	C	8.76%
AMAT	C	8.3%
AVGO	C	8.2%
INTC	F	6.86%
MCHP	B	4.14%
LRCX	D	4.1%
AMKR	C	4.1%
TXN	B	4.04%
KLAC	C	4.04%
ADI	B	4.03%
SWKS	C	3.89%
NXPI	C	3.75%
ON	D	3.38%
MRVL	C	2.81%
QRVO	B	2.39%
ENTG	C	2.36%
TER	B	2.25%
AMD	D	1.98%
MPWR	C	1.86%
COHR	C	1.8%
VSH	C	1.44%
DIOD	B	1.06%
CRUS	C	0.9%
LSCC	D	0.86%
AVT	A	0.71%
RMBS	D	0.65%
ONTO	B	0.63%
ALGM	D	0.62%
ACLS	F	0.53%
FORM	B	0.52%

FTXL Underweight 49 Positions Relative to QVAL

Symbol	Grade	Weight
LBRT	A	-2.21%
SNX	A	-2.16%
BG	B	-2.13%
DAL	A	-2.11%
PSX	B	-2.1%
AMR	C	-2.1%
CRC	A	-2.09%
ALSN	A	-2.08%
TEX	B	-2.07%
ARCH	B	-2.07%
SM	A	-2.07%
SIG	B	-2.06%
HAL	B	-2.06%
VLO	B	-2.06%
MUSA	A	-2.04%
AGCO	B	-2.03%
INSW	A	-2.02%
OC	A	-2.02%
ELV	A	-2.01%
ARW	A	-2.01%
WFRD	A	-2.01%
SNA	D	-2.0%
CCK	B	-2.0%
THC	C	-1.99%
CSCO	D	-1.99%
CEIX	B	-1.99%
UFPI	D	-1.98%
APA	B	-1.98%
OMC	A	-1.98%
TPH	B	-1.98%
UTHR	A	-1.98%
CVI	D	-1.97%
GPK	A	-1.96%
T	C	-1.95%
MO	A	-1.94%
CTSH	D	-1.94%
IPG	D	-1.93%
SKX	C	-1.92%
BBY	D	-1.92%
TOL	C	-1.91%
PHM	B	-1.91%
HPQ	D	-1.91%
CMCSA	F	-1.9%
DHI	D	-1.89%
LEA	D	-1.88%
TMHC	C	-1.87%
CRI	D	-1.79%
MOH	D	-1.79%
CROX	C	-1.78%