FVD vs. CVSE ETF Comparison

Comparison of First Trust VL Dividend (FVD) to Calvert US Select Equity ETF (CVSE)

FVD

First Trust VL Dividend

FVD Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Value Line(R) Dividend Index(TM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is a modified equal-dollar weighted index comprised of U.S. exchange-listed securities of companies that pay above-average dividends and have potential for capital appreciation.

Grade (RS Rating)

Last Trade

$46.24

Average Daily Volume

487,998

Number of Holdings ^*

201

* may have additional holdings in another (foreign) market

CVSE

Calvert US Select Equity ETF

CVSE Description

Under normal circumstances, at least 80% of the fund"s net assets (plus any borrowings for investment purposes) will be invested in the equity securities of U.S. issuers. The fund is actively managed, not designed to track a benchmark, and therefore not constrained by the composition of a benchmark. The fund primarily invests in the equity securities of large capitalization U.S. issuers that are involved in economic activities that address global environmental or societal challenges that relate to areas such as environmental sustainability and resource efficiency.

Grade (RS Rating)

Last Trade

$70.50

Average Daily Volume

945

Number of Holdings ^*

178

* may have additional holdings in another (foreign) market

Performance

Period	FVD	CVSE
30 Days	1.87%	2.61%
60 Days	2.34%	4.06%
90 Days	4.86%	5.46%
12 Months	22.35%	30.71%

34 Overlapping Holdings

Symbol	Grade	Weight in FVD	Weight in CVSE	Overlap
ACN	C	0.45%	1.81%	0.45%
ADP	B	0.48%	0.84%	0.48%
AMGN	D	0.43%	0.73%	0.43%
AWK	D	0.44%	0.67%	0.44%
BMY	B	0.52%	0.41%	0.41%
CAT	B	0.46%	0.94%	0.46%
CLX	B	0.48%	0.3%	0.3%
CMI	A	0.51%	1.11%	0.51%
CSCO	B	0.48%	0.75%	0.48%
DE	A	0.45%	0.52%	0.45%
ED	D	0.42%	0.49%	0.42%
EMR	A	0.54%	0.47%	0.47%
ES	D	0.43%	0.64%	0.43%
EXPD	D	0.47%	0.22%	0.22%
G	B	0.54%	0.11%	0.11%
GILD	C	0.5%	0.34%	0.34%
GIS	D	0.44%	0.91%	0.44%
HD	A	0.46%	1.33%	0.46%
ITW	B	0.49%	0.58%	0.49%
LOW	D	0.45%	0.75%	0.45%
MKC	D	0.45%	0.34%	0.34%
MRK	F	0.43%	1.73%	0.43%
NDAQ	A	0.49%	0.4%	0.4%
NKE	D	0.43%	0.25%	0.25%
PFE	D	0.42%	0.27%	0.27%
RHI	B	0.53%	0.04%	0.04%
SJM	D	0.43%	0.4%	0.4%
TGT	F	0.47%	0.56%	0.47%
TJX	A	0.48%	0.37%	0.37%
TROW	B	0.49%	0.19%	0.19%
TRV	B	0.46%	0.72%	0.46%
TSCO	D	0.44%	0.28%	0.28%
TXN	C	0.49%	0.48%	0.48%
VZ	C	0.43%	0.9%	0.43%

FVD Overweight 167 Positions Relative to CVSE

Symbol	Grade	Weight
GRMN	B	0.59%
GATX	A	0.54%
CBSH	A	0.54%
GS	A	0.53%
DTM	B	0.53%
PINC	B	0.53%
AIZ	A	0.52%
INGR	B	0.52%
MS	A	0.52%
IDA	A	0.52%
SEIC	B	0.52%
MO	A	0.52%
XEL	A	0.51%
ETR	B	0.51%
IOSP	B	0.51%
IEX	B	0.51%
SNA	A	0.51%
JCI	C	0.51%
SRE	A	0.5%
NSC	B	0.5%
WSO	A	0.5%
HLI	B	0.5%
LANC	C	0.5%
CVX	A	0.5%
CMCSA	B	0.5%
UVV	B	0.5%
PKG	A	0.5%
WERN	C	0.5%
PM	B	0.5%
WTW	B	0.5%
WDFC	B	0.5%
JPM	A	0.5%
BLK	C	0.49%
WM	A	0.49%
CPK	A	0.49%
KR	B	0.49%
NEU	C	0.49%
SLGN	A	0.49%
CTSH	B	0.49%
FAST	B	0.49%
CSX	B	0.49%
THG	A	0.49%
DGX	A	0.49%
BK	A	0.48%
OTTR	C	0.48%
DCI	B	0.48%
CHRW	C	0.48%
TM	D	0.48%
EVRG	A	0.48%
T	A	0.48%
SBUX	A	0.48%
GNTX	C	0.48%
NI	A	0.48%
SCL	C	0.48%
PAYX	C	0.48%
BKH	A	0.48%
SWX	B	0.48%
BTI	B	0.48%
MSM	C	0.48%
LECO	B	0.48%
UNH	C	0.48%
PNW	B	0.48%
BR	A	0.48%
HON	B	0.48%
BRC	D	0.47%
AGR	B	0.47%
ALE	A	0.47%
NWN	A	0.47%
XOM	B	0.47%
OGS	A	0.47%
UPS	C	0.47%
STZ	D	0.47%
SXT	B	0.47%
NDSN	B	0.47%
NJR	A	0.47%
PPL	B	0.47%
ATO	A	0.47%
ALL	A	0.47%
MSEX	B	0.47%
AEE	A	0.47%
YUM	B	0.47%
EQIX	A	0.47%
SIGI	C	0.47%
UNP	C	0.46%
CNI	D	0.46%
MMM	D	0.46%
INFY	B	0.46%
ABT	B	0.46%
CME	A	0.46%
DLB	B	0.46%
PG	A	0.46%
AWR	B	0.46%
NWE	B	0.46%
CALM	A	0.46%
SR	A	0.46%
POOL	C	0.46%
K	A	0.46%
MMC	B	0.46%
TD	F	0.46%
PSA	D	0.46%
JJSF	B	0.46%
LHX	C	0.46%
SNX	C	0.45%
PPG	F	0.45%
TAK	F	0.45%
SON	D	0.45%
CB	C	0.45%
PEG	A	0.45%
NFG	A	0.45%
WEC	A	0.45%
HSY	F	0.45%
FLO	D	0.45%
LNT	A	0.45%
EIX	B	0.45%
HRL	D	0.45%
CNA	B	0.45%
AFL	B	0.45%
JNPR	F	0.45%
SO	D	0.44%
AEP	D	0.44%
ADI	D	0.44%
CPB	D	0.44%
CWT	D	0.44%
EXC	C	0.44%
PEP	F	0.44%
BDX	F	0.44%
RTX	C	0.44%
NOC	D	0.44%
MDT	D	0.44%
OTIS	C	0.44%
POR	C	0.44%
BAH	F	0.44%
CMS	C	0.44%
WTRG	B	0.44%
MCD	D	0.44%
GD	F	0.44%
DOX	D	0.44%
APD	A	0.44%
CL	D	0.43%
MMS	F	0.43%
UL	D	0.43%
DUK	C	0.43%
REYN	D	0.43%
AVY	D	0.43%
AOS	F	0.43%
CAG	D	0.43%
RIO	D	0.43%
MDLZ	F	0.43%
JNJ	D	0.43%
DTE	C	0.43%
TSM	B	0.43%
NVS	D	0.42%
KHC	F	0.42%
KO	D	0.42%
GSK	F	0.42%
IBM	C	0.42%
KDP	D	0.42%
SJW	D	0.42%
ABBV	D	0.42%
KMB	D	0.42%
DEO	F	0.41%
LMT	D	0.41%
SNY	F	0.41%
BAX	D	0.4%
AZN	D	0.39%
HMC	F	0.39%
HII	D	0.35%

FVD Underweight 144 Positions Relative to CVSE

Symbol	Grade	Weight
NVDA	C	-7.98%
MSFT	F	-7.68%
AAPL	C	-6.81%
LLY	F	-2.63%
SPGI	C	-2.01%
PH	A	-1.66%
NFLX	A	-1.55%
MA	C	-1.54%
V	A	-1.44%
ETN	A	-1.42%
DIS	B	-1.24%
VRSK	A	-1.21%
MET	A	-1.14%
NOW	A	-1.11%
CRM	B	-1.09%
PGR	A	-1.06%
GM	B	-1.04%
ICE	C	-1.0%
AXP	A	-0.88%
TT	A	-0.84%
BSX	B	-0.82%
PRU	A	-0.76%
INTU	C	-0.7%
TFC	A	-0.7%
ECL	D	-0.69%
AMAT	F	-0.69%
CBRE	B	-0.69%
URI	B	-0.68%
ADBE	C	-0.67%
OMC	C	-0.65%
LIN	D	-0.64%
PLD	D	-0.63%
AMT	D	-0.63%
SCHW	B	-0.62%
SHW	A	-0.61%
NUE	C	-0.61%
CFG	B	-0.55%
DFS	B	-0.55%
HPE	B	-0.55%
AMD	F	-0.52%
COF	B	-0.47%
HUM	C	-0.45%
JLL	D	-0.43%
CDNS	B	-0.43%
BALL	D	-0.4%
STT	A	-0.4%
RMD	C	-0.38%
LULU	C	-0.36%
ADSK	A	-0.36%
STE	F	-0.36%
EBAY	D	-0.36%
MU	D	-0.35%
FITB	A	-0.35%
DHR	F	-0.35%
PYPL	B	-0.32%
DRI	B	-0.31%
ROK	B	-0.31%
A	D	-0.31%
HUBS	A	-0.31%
QCOM	F	-0.3%
IDXX	F	-0.3%
MORN	B	-0.3%
ULTA	F	-0.29%
EW	C	-0.29%
HBAN	A	-0.28%
HOLX	D	-0.28%
WDAY	B	-0.28%
MOS	F	-0.28%
HPQ	B	-0.27%
PNR	A	-0.26%
IPG	D	-0.26%
INTC	D	-0.26%
HAS	D	-0.26%
ALNY	D	-0.25%
BBY	D	-0.24%
PRI	A	-0.24%
MTN	C	-0.23%
DAR	C	-0.23%
EL	F	-0.22%
MSA	D	-0.22%
SNPS	B	-0.22%
BFAM	D	-0.21%
MSI	B	-0.21%
HIG	B	-0.21%
VRTX	F	-0.2%
TPR	B	-0.2%
WSM	B	-0.2%
DECK	A	-0.2%
DELL	C	-0.19%
KLAC	D	-0.19%
RF	A	-0.19%
FMC	D	-0.18%
EQR	B	-0.18%
WAT	B	-0.18%
CTAS	B	-0.18%
SCI	B	-0.18%
KNX	B	-0.18%
DVA	B	-0.17%
FIS	C	-0.16%
FCN	D	-0.16%
EXR	D	-0.15%
MTG	C	-0.15%
LRCX	F	-0.15%
PANW	C	-0.15%
AKAM	D	-0.14%
XYL	D	-0.14%
VTR	C	-0.14%
CNM	D	-0.14%
TWLO	A	-0.12%
NEE	D	-0.11%
GAP	C	-0.11%
EXAS	D	-0.1%
SNOW	C	-0.1%
BXP	D	-0.1%
MSCI	C	-0.1%
REGN	F	-0.1%
EA	A	-0.1%
CHD	B	-0.1%
RL	B	-0.09%
PLNT	A	-0.09%
GPC	D	-0.09%
IQV	D	-0.09%
TTEK	F	-0.09%
SWK	D	-0.09%
VRSN	F	-0.08%
MAN	D	-0.08%
PODD	C	-0.08%
CSGP	D	-0.08%
PCTY	B	-0.08%
BRX	A	-0.06%
DKS	C	-0.06%
KEY	B	-0.06%
RKT	F	-0.06%
FICO	B	-0.05%
HST	C	-0.05%
LITE	B	-0.05%
VLTO	D	-0.05%
ON	D	-0.05%
CIEN	B	-0.05%
FSLR	F	-0.04%
ETSY	D	-0.03%
CPRT	A	-0.03%
HXL	D	-0.03%
MRNA	F	-0.02%