FVD vs. OUSA ETF Comparison

Comparison of First Trust VL Dividend (FVD) to O'Shares FTSE U.S. Quality Dividend ETF (OUSA)

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

OUSA

O'Shares FTSE U.S. Quality Dividend ETF

OUSA Description

The investment seeks to track the performance (before fees and expenses) of its target index, the FTSE US Qual / Vol / Yield Factor 5% Capped Index (the "target index"). The U.S. target index is designed to measure the performance of publicly-listed large-capitalization and mid-capitalization dividend-paying issuers in the United States that meet certain market capitalization, liquidity, high quality, low volatility and dividend yield thresholds, as determined by FTSE-Russell (the "index provider"). Under normal market conditions, the fund will invest at least 80% of its total assets in the components of the U.S. target index.

Grade (RS Rating)

Last Trade

$55.10

Average Daily Volume

33,026

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FVD	OUSA
30 Days	1.87%	1.26%
60 Days	2.34%	1.99%
90 Days	4.86%	4.58%
12 Months	22.35%	25.26%

62 Overlapping Holdings

Symbol	Grade	Weight in FVD	Weight in OUSA	Overlap
ABBV	D	0.42%	0.87%	0.42%
ABT	B	0.46%	1.49%	0.46%
ACN	C	0.45%	2.77%	0.45%
ADI	D	0.44%	0.14%	0.14%
ADP	B	0.48%	0.76%	0.48%
AMGN	D	0.43%	0.3%	0.3%
BLK	C	0.49%	0.55%	0.49%
CAT	B	0.46%	0.61%	0.46%
CB	C	0.45%	0.7%	0.45%
CL	D	0.43%	0.34%	0.34%
CMCSA	B	0.5%	3.75%	0.5%
CMI	A	0.51%	0.16%	0.16%
CSCO	B	0.48%	3.07%	0.48%
CSX	B	0.49%	0.29%	0.29%
CTSH	B	0.49%	0.4%	0.4%
DE	A	0.45%	0.21%	0.21%
EXPD	D	0.47%	0.16%	0.16%
FAST	B	0.49%	0.86%	0.49%
GD	F	0.44%	0.31%	0.31%
GILD	C	0.5%	0.19%	0.19%
GIS	D	0.44%	0.11%	0.11%
GRMN	B	0.59%	0.52%	0.52%
HD	A	0.46%	5.35%	0.46%
HON	B	0.48%	0.72%	0.48%
HSY	F	0.45%	0.22%	0.22%
IBM	C	0.42%	0.56%	0.42%
IEX	B	0.51%	0.17%	0.17%
ITW	B	0.49%	1.34%	0.49%
JNJ	D	0.43%	4.26%	0.43%
JPM	A	0.5%	0.47%	0.47%
KMB	D	0.42%	0.21%	0.21%
KO	D	0.42%	0.76%	0.42%
KR	B	0.49%	0.08%	0.08%
LMT	D	0.41%	1.07%	0.41%
LOW	D	0.45%	1.48%	0.45%
MCD	D	0.44%	3.36%	0.44%
MDLZ	F	0.43%	0.23%	0.23%
MDT	D	0.44%	0.29%	0.29%
MMC	B	0.46%	2.2%	0.46%
MO	A	0.52%	0.66%	0.52%
MRK	F	0.43%	3.95%	0.43%
NKE	D	0.43%	0.39%	0.39%
NOC	D	0.44%	0.13%	0.13%
OTIS	C	0.44%	0.5%	0.44%
PAYX	C	0.48%	0.53%	0.48%
PEP	F	0.44%	0.79%	0.44%
PG	A	0.46%	2.62%	0.46%
PM	B	0.5%	0.61%	0.5%
SBUX	A	0.48%	0.69%	0.48%
SNA	A	0.51%	0.27%	0.27%
T	A	0.48%	0.77%	0.48%
TGT	F	0.47%	0.11%	0.11%
TJX	A	0.48%	1.39%	0.48%
TROW	B	0.49%	0.71%	0.49%
TSCO	D	0.44%	0.31%	0.31%
TXN	C	0.49%	2.36%	0.49%
UNH	C	0.48%	1.86%	0.48%
UNP	C	0.46%	0.75%	0.46%
UPS	C	0.47%	0.67%	0.47%
VZ	C	0.43%	0.74%	0.43%
WM	A	0.49%	0.39%	0.39%
YUM	B	0.47%	0.57%	0.47%

FVD Overweight 139 Positions Relative to OUSA

Symbol	Grade	Weight
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%
XEL	A	0.51%
ETR	B	0.51%
IOSP	B	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%
UVV	B	0.5%
PKG	A	0.5%
WERN	C	0.5%
WTW	B	0.5%
WDFC	B	0.5%
CPK	A	0.49%
NEU	C	0.49%
SLGN	A	0.49%
NDAQ	A	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%
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%
MSM	C	0.48%
LECO	B	0.48%
PNW	B	0.48%
BR	A	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%
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%
EQIX	A	0.47%
SIGI	C	0.47%
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%
CALM	A	0.46%
SR	A	0.46%
POOL	C	0.46%
K	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%
PEG	A	0.45%
NFG	A	0.45%
WEC	A	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%
AWK	D	0.44%
AEP	D	0.44%
CPB	D	0.44%
CWT	D	0.44%
EXC	C	0.44%
BDX	F	0.44%
RTX	C	0.44%
POR	C	0.44%
BAH	F	0.44%
CMS	C	0.44%
WTRG	B	0.44%
DOX	D	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%
AVY	D	0.43%
AOS	F	0.43%
ES	D	0.43%
CAG	D	0.43%
RIO	D	0.43%
DTE	C	0.43%
TSM	B	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%
SNY	F	0.41%
BAX	D	0.4%
AZN	D	0.39%
HMC	F	0.39%
HII	D	0.35%

FVD Underweight 37 Positions Relative to OUSA

Symbol	Grade	Weight
V	A	-5.33%
AAPL	C	-4.96%
MSFT	F	-4.78%
GOOGL	C	-3.96%
MA	C	-3.95%
CTAS	B	-1.11%
TMUS	B	-1.06%
LLY	F	-0.91%
COST	B	-0.82%
ORCL	B	-0.68%
MCO	B	-0.63%
QCOM	F	-0.62%
EA	A	-0.56%
MSCI	C	-0.53%
WMT	A	-0.47%
ZTS	D	-0.47%
SPGI	C	-0.43%
APH	A	-0.42%
AVGO	D	-0.41%
PCAR	B	-0.41%
AON	A	-0.39%
MSI	B	-0.37%
EBAY	D	-0.33%
ETN	A	-0.32%
CBOE	B	-0.31%
SYK	C	-0.31%
GWW	B	-0.29%
TT	A	-0.25%
ELV	F	-0.19%
GGG	B	-0.16%
A	D	-0.16%
INTU	C	-0.16%
AME	A	-0.15%
VRSK	A	-0.15%
TMO	F	-0.13%
KVUE	A	-0.08%
CHD	B	-0.06%