FVD vs. FDL ETF Comparison

Comparison of First Trust VL Dividend (FVD) to First Trust Morningstar ETF (FDL)

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

FDL

First Trust Morningstar ETF

FDL 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 Morningstar(R) Dividend Leaders Index(SM). 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 objective of the index is to offer investors a benchmark for dividend portfolios as well as a means to invest in a portfolio of stocks that have a consistent record of growing dividends as well as the ability to sustain them. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$43.34

Average Daily Volume

362,157

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	FVD	FDL
30 Days	1.87%	2.77%
60 Days	2.34%	4.11%
90 Days	4.86%	6.49%
12 Months	22.35%	33.82%

38 Overlapping Holdings

Symbol	Grade	Weight in FVD	Weight in FDL	Overlap
ABBV	D	0.42%	6.79%	0.42%
AEE	A	0.47%	0.54%	0.47%
AEP	D	0.44%	1.21%	0.44%
AGR	B	0.47%	0.09%	0.09%
ALE	A	0.47%	0.12%	0.12%
BKH	A	0.48%	0.13%	0.13%
CAG	D	0.43%	0.41%	0.41%
CLX	B	0.48%	0.43%	0.43%
CVX	A	0.5%	9.22%	0.5%
DUK	C	0.43%	2.18%	0.43%
EIX	B	0.45%	0.83%	0.45%
ES	D	0.43%	0.64%	0.43%
ETR	B	0.51%	0.82%	0.51%
EVRG	A	0.48%	0.44%	0.44%
EXC	C	0.44%	1.04%	0.44%
FLO	D	0.45%	0.13%	0.13%
GILD	C	0.5%	3.11%	0.5%
IBM	C	0.42%	4.35%	0.42%
K	A	0.46%	0.42%	0.42%
KHC	F	0.42%	0.91%	0.42%
KMB	D	0.42%	1.08%	0.42%
LNT	A	0.45%	0.35%	0.35%
MO	A	0.52%	4.96%	0.52%
MSM	C	0.48%	0.11%	0.11%
NJR	A	0.47%	0.12%	0.12%
NWE	B	0.46%	0.11%	0.11%
OGS	A	0.47%	0.1%	0.1%
PFE	D	0.42%	5.94%	0.42%
PM	B	0.5%	5.87%	0.5%
PNW	B	0.48%	0.29%	0.29%
POR	C	0.44%	0.14%	0.14%
SJM	D	0.43%	0.31%	0.31%
SR	A	0.46%	0.13%	0.13%
TROW	B	0.49%	0.9%	0.49%
UPS	C	0.47%	3.49%	0.47%
VZ	C	0.43%	7.42%	0.43%
WEC	A	0.45%	0.76%	0.45%
XEL	A	0.51%	0.93%	0.51%

FVD Overweight 163 Positions Relative to FDL

Symbol	Grade	Weight
GRMN	B	0.59%
GATX	A	0.54%
G	B	0.54%
EMR	A	0.54%
CBSH	A	0.54%
GS	A	0.53%
DTM	B	0.53%
PINC	B	0.53%
RHI	B	0.53%
AIZ	A	0.52%
INGR	B	0.52%
MS	A	0.52%
BMY	B	0.52%
IDA	A	0.52%
SEIC	B	0.52%
CMI	A	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%
CMCSA	B	0.5%
UVV	B	0.5%
PKG	A	0.5%
WERN	C	0.5%
WTW	B	0.5%
WDFC	B	0.5%
JPM	A	0.5%
ITW	B	0.49%
BLK	C	0.49%
WM	A	0.49%
CPK	A	0.49%
KR	B	0.49%
NEU	C	0.49%
SLGN	A	0.49%
NDAQ	A	0.49%
CTSH	B	0.49%
TXN	C	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%
CSCO	B	0.48%
CHRW	C	0.48%
TM	D	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%
SWX	B	0.48%
BTI	B	0.48%
TJX	A	0.48%
LECO	B	0.48%
UNH	C	0.48%
ADP	B	0.48%
BR	A	0.48%
HON	B	0.48%
BRC	D	0.47%
NWN	A	0.47%
XOM	B	0.47%
EXPD	D	0.47%
STZ	D	0.47%
SXT	B	0.47%
NDSN	B	0.47%
PPL	B	0.47%
ATO	A	0.47%
ALL	A	0.47%
MSEX	B	0.47%
TGT	F	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%
TRV	B	0.46%
CAT	B	0.46%
CALM	A	0.46%
POOL	C	0.46%
MMC	B	0.46%
HD	A	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%
MKC	D	0.45%
SON	D	0.45%
ACN	C	0.45%
CB	C	0.45%
PEG	A	0.45%
NFG	A	0.45%
HSY	F	0.45%
DE	A	0.45%
HRL	D	0.45%
CNA	B	0.45%
AFL	B	0.45%
LOW	D	0.45%
JNPR	F	0.45%
SO	D	0.44%
AWK	D	0.44%
ADI	D	0.44%
TSCO	D	0.44%
CPB	D	0.44%
CWT	D	0.44%
GIS	D	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%
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%
MRK	F	0.43%
REYN	D	0.43%
AVY	D	0.43%
AOS	F	0.43%
NKE	D	0.43%
RIO	D	0.43%
MDLZ	F	0.43%
JNJ	D	0.43%
DTE	C	0.43%
TSM	B	0.43%
AMGN	D	0.43%
NVS	D	0.42%
ED	D	0.42%
KO	D	0.42%
GSK	F	0.42%
KDP	D	0.42%
SJW	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 62 Positions Relative to FDL

Symbol	Grade	Weight
USB	A	-2.44%
CVS	D	-2.33%
TFC	A	-2.19%
PNC	B	-2.12%
KMI	A	-2.06%
OKE	A	-1.96%
F	C	-1.78%
PRU	A	-1.46%
FANG	D	-1.25%
DOW	F	-1.23%
LYB	F	-0.87%
FITB	A	-0.78%
HBAN	A	-0.78%
RF	A	-0.75%
STT	A	-0.67%
KEY	B	-0.66%
CFG	B	-0.64%
FE	C	-0.57%
BBY	D	-0.49%
OMF	A	-0.42%
FNF	B	-0.37%
CMA	A	-0.33%
WHR	B	-0.33%
IPG	D	-0.33%
CNH	C	-0.32%
FHN	A	-0.31%
SWK	D	-0.31%
BEN	C	-0.28%
COLB	A	-0.28%
LNC	B	-0.26%
OGE	B	-0.25%
MTN	C	-0.24%
HAS	D	-0.24%
ZION	B	-0.23%
UGI	A	-0.22%
SNV	B	-0.21%
WU	D	-0.2%
FMC	D	-0.19%
JHG	A	-0.19%
APAM	B	-0.17%
VLY	B	-0.17%
FAF	A	-0.16%
UBSI	B	-0.16%
OZK	B	-0.15%
NXST	C	-0.15%
FIBK	A	-0.14%
WEN	D	-0.13%
TNL	A	-0.13%
CC	C	-0.12%
ASB	B	-0.12%
PRGO	B	-0.11%
PNM	F	-0.11%
FHB	A	-0.11%
MAN	D	-0.1%
AVA	A	-0.1%
CATY	B	-0.09%
SMG	D	-0.09%
FHI	A	-0.09%
LCII	C	-0.08%
CRI	D	-0.06%
SIRI	C	-0.05%
GEF	A	-0.01%