FVD vs. NULC ETF Comparison

Comparison of First Trust VL Dividend (FVD) to Nuveen ESG Large-Cap ETF (NULC)

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

$46.74

Average Daily Volume

496,244

Number of Holdings ^*

201

* may have additional holdings in another (foreign) market

NULC

Nuveen ESG Large-Cap ETF

NULC Description

The investment seeks to track the investment results, before fees and expenses, of the ICE BofAML Enhanced Yield 1-5 Year US Broad Bond Index (the "index"). Under normal market conditions, the fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in component securities of the index. The index is designed to broadly capture the 1-5 year U.S. investment grade fixed income market, as represented by a modified version of the ICE BofAML 1-5 Year US Broad Market Index.

Grade (RS Rating)

Last Trade

$48.77

Average Daily Volume

1,187

Number of Holdings ^*

121

* may have additional holdings in another (foreign) market

Performance

Period	FVD	NULC
30 Days	3.33%	4.54%
60 Days	2.29%	5.58%
90 Days	5.33%	8.52%
12 Months	22.92%	31.27%

30 Overlapping Holdings

Symbol	Grade	Weight in FVD	Weight in NULC	Overlap
ADP	A	0.48%	0.97%	0.48%
AMGN	F	0.42%	0.96%	0.42%
AWK	D	0.46%	0.44%	0.44%
CMCSA	C	0.49%	0.75%	0.49%
ED	C	0.43%	0.65%	0.43%
EQIX	A	0.49%	0.42%	0.42%
EXC	C	0.45%	0.75%	0.45%
GILD	B	0.48%	0.69%	0.48%
GS	A	0.52%	0.23%	0.23%
HD	B	0.46%	0.21%	0.21%
IBM	C	0.43%	1.71%	0.43%
JNPR	F	0.42%	0.22%	0.22%
KO	D	0.42%	1.57%	0.42%
KR	A	0.48%	0.44%	0.44%
LOW	C	0.44%	0.78%	0.44%
MCD	D	0.43%	1.17%	0.43%
MMC	A	0.47%	1.38%	0.47%
MMM	C	0.44%	0.56%	0.44%
MS	C	0.52%	1.57%	0.52%
PEP	F	0.42%	0.74%	0.42%
PG	A	0.47%	1.47%	0.47%
T	A	0.49%	0.88%	0.49%
TGT	F	0.38%	0.8%	0.38%
TJX	A	0.48%	1.28%	0.48%
TRV	B	0.46%	0.49%	0.46%
TXN	D	0.47%	0.61%	0.47%
UNP	C	0.45%	0.04%	0.04%
UPS	C	0.47%	1.06%	0.47%
VZ	B	0.45%	0.22%	0.22%
WTW	A	0.49%	0.05%	0.05%

FVD Overweight 171 Positions Relative to NULC

Symbol	Grade	Weight
GRMN	B	0.58%
GATX	B	0.55%
DTM	B	0.55%
G	B	0.54%
CBSH	B	0.54%
EMR	A	0.54%
IDA	C	0.53%
AIZ	A	0.53%
MO	A	0.53%
RHI	C	0.52%
BMY	B	0.52%
PKG	A	0.52%
ETR	A	0.52%
PINC	B	0.52%
HLI	A	0.51%
DGX	B	0.51%
PM	A	0.51%
SRE	B	0.51%
SNA	A	0.51%
DLB	B	0.51%
XEL	A	0.51%
UVV	B	0.51%
SEIC	A	0.51%
SLGN	A	0.5%
IEX	B	0.5%
NI	A	0.5%
CVX	A	0.5%
CPK	B	0.5%
WDFC	C	0.5%
JCI	C	0.5%
NDAQ	A	0.5%
JPM	B	0.5%
CMI	A	0.5%
BTI	B	0.5%
WSO	B	0.5%
WERN	B	0.49%
NSC	A	0.49%
LANC	C	0.49%
AEE	A	0.49%
NJR	B	0.49%
PPL	A	0.49%
CLX	C	0.49%
PNW	A	0.49%
UNH	B	0.49%
EVRG	A	0.49%
FAST	A	0.49%
THG	A	0.49%
IOSP	C	0.49%
INGR	B	0.49%
TM	F	0.48%
OTTR	C	0.48%
HON	B	0.48%
BLK	C	0.48%
ALL	A	0.48%
SCL	C	0.48%
BK	A	0.48%
CSX	B	0.48%
OGS	B	0.48%
BKH	B	0.48%
BR	A	0.48%
TROW	A	0.48%
ITW	A	0.48%
SR	A	0.48%
WM	A	0.48%
ATO	A	0.48%
SWX	B	0.48%
NEU	C	0.48%
CALM	B	0.48%
NWN	B	0.48%
GNTX	C	0.47%
ALE	A	0.47%
DCI	A	0.47%
CHRW	C	0.47%
XOM	C	0.47%
STZ	F	0.47%
PSA	C	0.47%
PEG	A	0.47%
CME	A	0.47%
NWE	C	0.47%
PAYX	B	0.47%
POOL	C	0.47%
CTSH	A	0.47%
AGR	B	0.47%
MSEX	B	0.47%
LNT	A	0.47%
LECO	C	0.47%
CSCO	A	0.47%
EIX	A	0.47%
SBUX	B	0.47%
AFL	A	0.46%
CNA	B	0.46%
FLO	C	0.46%
LHX	C	0.46%
NFG	B	0.46%
MSM	C	0.46%
TD	F	0.46%
MKC	D	0.46%
APD	A	0.46%
EXPD	D	0.46%
SIGI	B	0.46%
SXT	B	0.46%
INFY	A	0.46%
ABT	B	0.46%
JJSF	C	0.46%
YUM	B	0.46%
DE	B	0.46%
K	A	0.46%
AWR	B	0.46%
NDSN	B	0.46%
WEC	A	0.46%
CWT	D	0.45%
RIO	F	0.45%
SNX	C	0.45%
CMS	B	0.45%
WTRG	B	0.45%
HRL	D	0.45%
AEP	C	0.45%
POR	C	0.45%
CAT	B	0.45%
SJM	C	0.44%
ADI	D	0.44%
TAK	F	0.44%
JNJ	D	0.44%
PPG	D	0.44%
HSY	F	0.44%
OTIS	C	0.44%
CL	D	0.44%
KMB	C	0.44%
RTX	D	0.44%
SO	C	0.44%
DUK	C	0.44%
BRC	C	0.44%
ACN	B	0.44%
CB	C	0.44%
CNI	F	0.44%
DTE	C	0.44%
SON	D	0.44%
AOS	F	0.43%
MMS	F	0.43%
MDLZ	F	0.43%
MRK	D	0.43%
TSCO	D	0.43%
AVY	D	0.43%
CAG	D	0.43%
REYN	D	0.43%
UL	D	0.43%
MDT	D	0.43%
BDX	F	0.43%
CPB	D	0.43%
DOX	D	0.43%
SJW	D	0.43%
GIS	D	0.43%
NOC	D	0.43%
ES	D	0.43%
TSM	D	0.43%
BAX	F	0.42%
ABBV	D	0.42%
NKE	F	0.42%
GD	F	0.42%
LMT	D	0.41%
KHC	D	0.41%
DEO	F	0.41%
GSK	F	0.41%
BAH	F	0.41%
SNY	D	0.41%
NVS	D	0.41%
HMC	F	0.4%
PFE	D	0.4%
KDP	D	0.4%
AZN	D	0.38%
HII	D	0.34%

FVD Underweight 91 Positions Relative to NULC

Symbol	Grade	Weight
NVDA	C	-8.24%
MSFT	C	-6.71%
GOOGL	C	-2.91%
V	A	-2.21%
MA	A	-2.09%
LLY	D	-2.08%
TSLA	B	-1.95%
GOOG	C	-1.78%
FI	A	-1.75%
ETN	A	-1.74%
DIS	B	-1.66%
CRM	B	-1.59%
PGR	A	-1.58%
SPGI	B	-1.51%
MCK	B	-1.49%
MELI	C	-1.32%
DHR	D	-1.31%
OKE	B	-1.3%
PNC	A	-1.28%
ECL	D	-1.2%
CARR	D	-1.18%
HCA	F	-1.16%
INTC	D	-1.07%
AMT	D	-1.01%
LNG	A	-0.98%
MRVL	B	-0.96%
CMG	B	-0.96%
AMAT	F	-0.94%
C	B	-0.94%
SNPS	B	-0.91%
AXON	A	-0.87%
BKR	C	-0.86%
EW	C	-0.78%
AMD	F	-0.73%
HPQ	B	-0.71%
VEEV	B	-0.63%
CDNS	B	-0.6%
KEYS	B	-0.57%
ZTS	F	-0.56%
HPE	B	-0.54%
TEAM	B	-0.53%
NTAP	B	-0.5%
ADM	D	-0.5%
URI	B	-0.47%
IRM	C	-0.46%
WST	C	-0.45%
EBAY	C	-0.45%
BKNG	A	-0.45%
ADBE	C	-0.45%
CBOE	B	-0.43%
FTV	B	-0.43%
LYB	F	-0.41%
STLD	B	-0.41%
WDC	C	-0.41%
TFC	B	-0.38%
STX	D	-0.38%
TRU	D	-0.37%
FSLR	F	-0.36%
HOOD	B	-0.36%
EA	B	-0.36%
HOLX	D	-0.35%
TRMB	B	-0.34%
BALL	D	-0.33%
DECK	B	-0.32%
J	D	-0.32%
VRTX	D	-0.3%
MCO	A	-0.3%
FDX	B	-0.23%
SOLV	C	-0.2%
EME	B	-0.19%
NEM	F	-0.19%
A	D	-0.19%
PANW	B	-0.18%
MOS	F	-0.16%
MKTX	D	-0.16%
LPLA	A	-0.13%
CAH	B	-0.13%
DINO	F	-0.13%
ACGL	D	-0.12%
NXPI	D	-0.1%
CI	D	-0.08%
USB	A	-0.07%
IT	C	-0.07%
AKAM	D	-0.07%
WELL	A	-0.07%
IDXX	F	-0.05%
DXCM	C	-0.03%
AZO	B	-0.03%
FBIN	D	-0.02%
BG	D	-0.01%
DOV	A	-0.01%