FVD vs. LVOL ETF Comparison

Comparison of First Trust VL Dividend (FVD) to American Century Low Volatility ETF (LVOL)

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

LVOL

American Century Low Volatility ETF

LVOL Description

The investment seeks capital appreciation. The fund generally invests in common stocks of U.S. companies that have a market capitalization greater than $2 billion. It seeks to deliver a lower realized portfolio volatility than its benchmark, the S&P 500® Index, by utilizing a stock selection process that expands on traditional measures of price volatility by including measures of asymmetric volatility and seeking securities of businesses that demonstrate consistent cash-flows, stable operations, and strong balance sheets. The fund is an actively managed ETF that does not seek to replicate the performance of a specified index.

Grade (RS Rating)

Last Trade

$56.03

Average Daily Volume

251

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FVD	LVOL
30 Days	1.87%	2.27%
60 Days	2.34%	3.47%
90 Days	4.86%	5.50%
12 Months	22.35%	22.98%

44 Overlapping Holdings

Symbol	Grade	Weight in FVD	Weight in LVOL	Overlap
ABBV	D	0.42%	0.25%	0.25%
ABT	B	0.46%	1.35%	0.46%
ACN	C	0.45%	2.46%	0.45%
ADP	B	0.48%	0.31%	0.31%
AMGN	D	0.43%	0.13%	0.13%
AVY	D	0.43%	0.18%	0.18%
BLK	C	0.49%	0.63%	0.49%
BMY	B	0.52%	0.27%	0.27%
BR	A	0.48%	0.3%	0.3%
CB	C	0.45%	0.64%	0.45%
CL	D	0.43%	0.87%	0.43%
CMCSA	B	0.5%	0.41%	0.41%
CMI	A	0.51%	0.24%	0.24%
CSCO	B	0.48%	2.62%	0.48%
CTSH	B	0.49%	1.44%	0.49%
DCI	B	0.48%	0.08%	0.08%
DOX	D	0.44%	1.21%	0.44%
FAST	B	0.49%	0.55%	0.49%
GD	F	0.44%	0.87%	0.44%
HD	A	0.46%	2.42%	0.46%
HON	B	0.48%	1.31%	0.48%
IBM	C	0.42%	0.42%	0.42%
IEX	B	0.51%	0.32%	0.32%
ITW	B	0.49%	0.8%	0.49%
JNJ	D	0.43%	2.14%	0.43%
KMB	D	0.42%	0.53%	0.42%
KO	D	0.42%	0.19%	0.19%
LOW	D	0.45%	0.68%	0.45%
MCD	D	0.44%	0.52%	0.44%
MDLZ	F	0.43%	0.18%	0.18%
MDT	D	0.44%	1.64%	0.44%
MMC	B	0.46%	1.84%	0.46%
MRK	F	0.43%	1.45%	0.43%
NDSN	B	0.47%	0.55%	0.47%
OTIS	C	0.44%	0.38%	0.38%
PAYX	C	0.48%	1.29%	0.48%
PEP	F	0.44%	1.0%	0.44%
PG	A	0.46%	2.68%	0.46%
PKG	A	0.5%	0.25%	0.25%
PSA	D	0.46%	0.57%	0.46%
SNA	A	0.51%	0.41%	0.41%
TROW	B	0.49%	0.16%	0.16%
WM	A	0.49%	0.85%	0.49%
YUM	B	0.47%	0.43%	0.43%

FVD Overweight 157 Positions Relative to LVOL

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%
IDA	A	0.52%
SEIC	B	0.52%
MO	A	0.52%
XEL	A	0.51%
ETR	B	0.51%
IOSP	B	0.51%
JCI	C	0.51%
SRE	A	0.5%
NSC	B	0.5%
GILD	C	0.5%
WSO	A	0.5%
HLI	B	0.5%
LANC	C	0.5%
CVX	A	0.5%
UVV	B	0.5%
WERN	C	0.5%
PM	B	0.5%
WTW	B	0.5%
WDFC	B	0.5%
JPM	A	0.5%
CPK	A	0.49%
KR	B	0.49%
NEU	C	0.49%
SLGN	A	0.49%
NDAQ	A	0.49%
TXN	C	0.49%
CSX	B	0.49%
THG	A	0.49%
DGX	A	0.49%
BK	A	0.48%
OTTR	C	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%
CLX	B	0.48%
BKH	A	0.48%
SWX	B	0.48%
BTI	B	0.48%
TJX	A	0.48%
MSM	C	0.48%
LECO	B	0.48%
UNH	C	0.48%
PNW	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%
EXPD	D	0.47%
UPS	C	0.47%
STZ	D	0.47%
SXT	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%
TGT	F	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%
CME	A	0.46%
DLB	B	0.46%
AWR	B	0.46%
TRV	B	0.46%
NWE	B	0.46%
CAT	B	0.46%
CALM	A	0.46%
SR	A	0.46%
POOL	C	0.46%
K	A	0.46%
TD	F	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%
PEG	A	0.45%
NFG	A	0.45%
WEC	A	0.45%
HSY	F	0.45%
FLO	D	0.45%
LNT	A	0.45%
DE	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%
AWK	D	0.44%
AEP	D	0.44%
ADI	D	0.44%
TSCO	D	0.44%
CPB	D	0.44%
CWT	D	0.44%
GIS	D	0.44%
EXC	C	0.44%
BDX	F	0.44%
RTX	C	0.44%
NOC	D	0.44%
POR	C	0.44%
BAH	F	0.44%
CMS	C	0.44%
WTRG	B	0.44%
APD	A	0.44%
MMS	F	0.43%
UL	D	0.43%
DUK	C	0.43%
SJM	D	0.43%
REYN	D	0.43%
AOS	F	0.43%
NKE	D	0.43%
ES	D	0.43%
CAG	D	0.43%
RIO	D	0.43%
DTE	C	0.43%
TSM	B	0.43%
VZ	C	0.43%
NVS	D	0.42%
KHC	F	0.42%
ED	D	0.42%
PFE	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 54 Positions Relative to LVOL

Symbol	Grade	Weight
MSFT	F	-7.55%
AAPL	C	-7.14%
V	A	-3.19%
AMZN	C	-2.81%
MA	C	-2.62%
BRK.A	B	-2.51%
LIN	D	-2.44%
GOOGL	C	-2.38%
APH	A	-1.91%
CTAS	B	-1.82%
COST	B	-1.78%
SPGI	C	-1.53%
INTU	C	-1.43%
PTC	A	-1.26%
BSX	B	-1.12%
RSG	A	-1.03%
FI	A	-1.03%
SHW	A	-0.97%
ECL	D	-0.91%
MSI	B	-0.89%
WMT	A	-0.87%
MCO	B	-0.85%
DOV	A	-0.78%
ADSK	A	-0.78%
EA	A	-0.77%
ROP	B	-0.75%
GOOG	C	-0.75%
AMP	A	-0.71%
TDY	B	-0.67%
HIG	B	-0.66%
SYK	C	-0.58%
GWW	B	-0.55%
CRM	B	-0.51%
VRSK	A	-0.46%
IT	C	-0.45%
NTAP	C	-0.39%
PH	A	-0.36%
NOW	A	-0.35%
AVB	B	-0.24%
ZBH	C	-0.22%
HOLX	D	-0.21%
BKNG	A	-0.2%
FDS	B	-0.18%
MNST	C	-0.18%
VRSN	F	-0.18%
MAS	D	-0.18%
FFIV	B	-0.16%
MSCI	C	-0.16%
HLT	A	-0.15%
JKHY	D	-0.14%
CW	B	-0.12%
GGG	B	-0.08%
LSTR	D	-0.08%
CHE	D	-0.07%