FTXR vs. IPO ETF Comparison

Comparison of First Trust Nasdaq Transportation ETF (FTXR) to Renaissance IPO ETF (IPO)

FTXR

First Trust Nasdaq Transportation ETF

FTXR Description

The First Trust Nasdaq Transportation 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 Transportation Index. The Fund seeks to replicate the holdings and weightings of the Nasdaq US Smart Transportation Index so as to generate performance results 95% correlated to that of the Nasdaq US Smart Transportation Index.

Grade (RS Rating)

Last Trade

$30.91

Average Daily Volume

4,442

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IPO

Renaissance IPO ETF

IPO Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Renaissance IPO Index (the "index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index, the Renaissance IPO Index. The remaining 20% may be used to purchase securities not in the index that are an appropriate substitute for certain securities in the index in order to track the index. The index is comprised of common stocks, American Depositary Receipts ("ADRs"), real estate investment trusts ("REITS") and master limited partnerships ("MLPs"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$37.65

Average Daily Volume

62,212

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FTXR	IPO
30 Days	-2.15%	-10.04%
60 Days	0.46%	0.94%
90 Days	4.77%	8.97%
12 Months	20.36%	39.11%

0 Overlapping Holdings

	Symbol	Grade	Weight in FTXR	Weight in IPO	Overlap

FTXR Overweight 40 Positions Relative to IPO

Symbol	Grade	Weight
FDX	B	8.68%
GM	A	8.51%
F	B	7.95%
UPS	D	7.88%
TSLA	D	6.33%
DAL	A	4.65%
UAL	A	4.4%
PCAR	D	4.29%
URI	C	3.77%
UNP	D	3.71%
CSX	D	3.7%
AAL	D	3.64%
NSC	D	3.29%
LUV	C	2.87%
R	A	2.45%
APTV	F	1.74%
ODFL	D	1.64%
JBHT	F	1.53%
GPC	A	1.49%
BWA	B	1.48%
LKQ	F	1.35%
WAB	A	1.31%
LEA	D	1.26%
HRI	D	1.14%
EXPD	D	1.06%
ALSN	A	0.9%
SKYW	A	0.82%
INSW	A	0.75%
OSK	A	0.68%
XPO	D	0.68%
WSC	F	0.66%
KEX	A	0.63%
SAIA	D	0.6%
FSS	A	0.53%
MATX	C	0.52%
ARCB	B	0.51%
GNTX	C	0.51%
DORM	C	0.49%
VC	D	0.49%
LSTR	D	0.46%

FTXR Underweight 45 Positions Relative to IPO

Symbol	Grade	Weight
KVUE	F	-10.37%
NU	D	-9.61%
COIN	B	-8.98%
APP	B	-5.42%
ARM	F	-4.21%
HOOD	B	-4.11%
CNM	A	-3.62%
PATH	D	-2.77%
ONON	D	-2.68%
CRBG	A	-2.27%
RIVN	F	-2.25%
BZ	A	-2.25%
DUOL	B	-2.18%
PCOR	D	-2.17%
CFLT	C	-2.02%
YMM	A	-1.93%
S	C	-1.89%
RYAN	C	-1.85%
GTLB	C	-1.85%
MNDY	C	-1.74%
DV	D	-1.61%
EDR	A	-1.58%
GFS	F	-1.41%
TPG	C	-1.17%
GLBE	F	-1.17%
DOCS	F	-1.08%
FRSH	D	-1.08%
MQ	D	-0.96%
HCP	B	-0.87%
BRZE	D	-0.8%
DOCN	F	-0.77%
SQSP	A	-0.75%
NUVL	C	-0.64%
YOU	F	-0.59%
INFA	B	-0.57%
BROS	F	-0.55%
AGL	F	-0.55%
DLO	F	-0.54%
PYCR	D	-0.42%
BIRK	D	-0.41%
PWSC	F	-0.38%
FLNC	D	-0.35%
ACT	A	-0.33%
BLCO	D	-0.19%
INST	F	-0.14%