FVD vs. SPMV ETF Comparison

Comparison of First Trust VL Dividend (FVD) to Invesco S&P 500 Minimum Variance ETF (SPMV)

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

$45.07

Average Daily Volume

685,588

Number of Holdings ^*

193

* may have additional holdings in another (foreign) market

SPMV

Invesco S&P 500 Minimum Variance ETF

SPMV Description

The investment seeks to track the investment results (before fees and expenses) of the S&P 500® Minimum Volatility Index (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is designed to measure the performance of a subset of constituent securities of the S&P 500 Index using a managed volatility equity strategy that seeks to achieve lower total volatility than the S&P 500 ® Index, while maintaining other similar characteristics of the S&P 500 ® Index.

Grade (RS Rating)

Last Trade

$46.62

Average Daily Volume

611

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FVD	SPMV
30 Days	1.41%	2.14%
60 Days	7.62%	9.20%
90 Days	11.68%	6.20%
12 Months	25.55%	31.77%

34 Overlapping Holdings

Symbol	Grade	Weight in FVD	Weight in SPMV	Overlap
ABT	C	0.47%	2.76%	0.47%
ACN	B	0.51%	0.31%	0.31%
AEE	A	0.48%	0.94%	0.48%
AEP	C	0.47%	0.98%	0.47%
AMGN	D	0.46%	0.35%	0.35%
CB	A	0.48%	2.62%	0.48%
CSCO	A	0.49%	3.07%	0.49%
DUK	C	0.47%	1.36%	0.47%
GD	C	0.47%	0.06%	0.06%
GILD	A	0.48%	0.08%	0.08%
GIS	C	0.48%	1.71%	0.48%
HD	A	0.49%	2.19%	0.49%
HRL	F	0.48%	0.39%	0.39%
HSY	D	0.47%	1.13%	0.47%
IBM	A	0.49%	0.57%	0.49%
JNJ	D	0.48%	1.26%	0.48%
JPM	C	0.48%	0.53%	0.48%
KHC	F	0.48%	0.32%	0.32%
MDLZ	D	0.48%	2.85%	0.48%
MKC	C	0.48%	0.84%	0.48%
MMC	D	0.48%	2.79%	0.48%
MRK	F	0.47%	2.81%	0.47%
PFE	D	0.48%	1.15%	0.48%
PG	D	0.48%	2.84%	0.48%
RTX	A	0.48%	0.66%	0.48%
SO	A	0.47%	0.48%	0.47%
SRE	C	0.47%	1.36%	0.47%
T	B	0.49%	0.27%	0.27%
TJX	D	0.49%	0.49%	0.49%
TMUS	A	0.48%	2.92%	0.48%
TRV	B	0.48%	0.91%	0.48%
VZ	C	0.49%	1.02%	0.49%
XEL	C	0.48%	0.17%	0.17%
XOM	A	0.46%	0.64%	0.46%

FVD Overweight 159 Positions Relative to SPMV

Symbol	Grade	Weight
RIO	B	0.53%
TSM	B	0.52%
OTIS	A	0.52%
CAT	A	0.51%
PPG	D	0.51%
YUM	C	0.51%
AOS	C	0.51%
MMM	C	0.5%
AVY	D	0.5%
ADI	B	0.5%
SCL	D	0.5%
TSCO	A	0.5%
LECO	D	0.5%
DEO	C	0.5%
CMI	A	0.5%
UPS	D	0.5%
EMR	B	0.5%
NKE	D	0.5%
DLB	D	0.5%
KMB	D	0.49%
NEU	F	0.49%
CMCSA	B	0.49%
TEL	D	0.49%
SJM	D	0.49%
BLK	A	0.49%
WSO	C	0.49%
BRC	C	0.49%
SLGN	B	0.49%
DOX	B	0.49%
CHRW	C	0.49%
UVV	D	0.49%
BDX	C	0.49%
MSM	D	0.49%
TROW	D	0.49%
INFY	B	0.49%
CME	A	0.49%
LOW	C	0.49%
AZN	D	0.49%
MMS	C	0.49%
CTSH	B	0.49%
MCD	A	0.49%
HON	C	0.49%
IEX	D	0.49%
SNA	C	0.49%
JCI	C	0.49%
IOSP	F	0.49%
DCI	B	0.49%
INGR	B	0.49%
SXT	C	0.49%
HMC	D	0.49%
MS	A	0.49%
ITW	C	0.49%
SBUX	B	0.49%
TM	D	0.49%
APD	C	0.49%
TXN	C	0.49%
GNTX	D	0.49%
PEP	F	0.48%
RHI	D	0.48%
KDP	C	0.48%
DTM	A	0.48%
SWX	C	0.48%
KR	C	0.48%
EXC	C	0.48%
ADP	A	0.48%
SR	D	0.48%
POR	D	0.48%
ABBV	C	0.48%
TD	B	0.48%
BK	A	0.48%
ED	C	0.48%
WM	B	0.48%
ES	D	0.48%
PAYX	B	0.48%
IDA	D	0.48%
OGS	C	0.48%
THG	A	0.48%
EVRG	C	0.48%
SNY	C	0.48%
LNT	B	0.48%
BAX	D	0.48%
PPL	C	0.48%
NSC	C	0.48%
DTE	B	0.48%
NVS	D	0.48%
WEC	B	0.48%
GRMN	D	0.48%
PEG	A	0.48%
LMT	A	0.48%
CMS	A	0.48%
WTRG	D	0.48%
KO	C	0.48%
MDT	C	0.48%
NI	A	0.48%
ATO	A	0.48%
REYN	D	0.48%
JKHY	A	0.48%
LANC	F	0.48%
CSX	D	0.48%
ETR	A	0.48%
EQIX	C	0.48%
UNP	F	0.48%
CNI	D	0.48%
FLO	D	0.48%
FAST	C	0.48%
CL	D	0.48%
BTI	D	0.48%
SIGI	D	0.48%
PINC	F	0.48%
PM	D	0.48%
AGR	C	0.48%
BAH	C	0.48%
JNPR	C	0.48%
GS	B	0.48%
WDFC	B	0.48%
G	A	0.48%
K	B	0.48%
AFL	A	0.48%
SEIC	B	0.48%
SON	D	0.48%
GSK	F	0.48%
SNX	C	0.48%
MO	D	0.48%
PKG	B	0.48%
ALE	A	0.48%
BMY	A	0.48%
UNH	B	0.48%
DGX	D	0.48%
NWN	D	0.48%
WERN	D	0.48%
AIZ	B	0.48%
JJSF	C	0.48%
BR	B	0.48%
UL	D	0.48%
POOL	D	0.48%
CAG	D	0.48%
DE	C	0.48%
MSEX	C	0.47%
GATX	F	0.47%
HII	F	0.47%
CBSH	D	0.47%
LHX	A	0.47%
PSA	C	0.47%
OTTR	F	0.47%
CWT	D	0.47%
ALL	A	0.47%
CPB	D	0.47%
HLI	A	0.47%
NDAQ	C	0.47%
CNA	D	0.47%
CALM	A	0.47%
CLX	C	0.47%
NOC	B	0.47%
TAK	D	0.47%
NJR	C	0.47%
CPK	C	0.47%
CVX	B	0.46%
NFG	A	0.46%
AWR	B	0.46%

FVD Underweight 41 Positions Relative to SPMV

Symbol	Grade	Weight
NVDA	B	-3.02%
QCOM	D	-2.96%
AMZN	C	-2.95%
AAPL	C	-2.92%
MSFT	D	-2.91%
AON	A	-2.87%
BRK.A	B	-2.86%
GEV	A	-2.75%
AJG	C	-2.5%
VRTX	D	-2.34%
AVGO	B	-2.23%
AMT	D	-2.12%
ADBE	F	-2.06%
ORCL	A	-1.97%
ZTS	C	-1.85%
NEE	C	-1.78%
PGR	B	-1.59%
VRSK	D	-1.57%
NOW	B	-1.51%
REGN	D	-1.51%
CRM	B	-1.37%
TDY	A	-0.87%
LLY	D	-0.78%
CCI	D	-0.78%
BRO	A	-0.76%
INTU	F	-0.69%
NEM	C	-0.6%
ELV	F	-0.59%
GOOG	B	-0.54%
RSG	D	-0.53%
IDXX	D	-0.45%
TSN	D	-0.39%
BIIB	F	-0.37%
META	A	-0.32%
ADM	F	-0.29%
ACGL	A	-0.26%
AIG	C	-0.25%
PCG	C	-0.23%
CVS	D	-0.23%
TRMB	B	-0.09%
BA	F	-0.05%