FVD vs. USMF ETF Comparison

Comparison of First Trust VL Dividend (FVD) to WisdomTree U.S. Multifactor Fund (USMF)

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

$46.60

Average Daily Volume

487,998

Number of Holdings ^*

201

* may have additional holdings in another (foreign) market

USMF

WisdomTree U.S. Multifactor Fund

USMF Description

The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. Multifactor Index. Under normal circumstances, at least 80% of the fund's total assets will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is generally comprised of 200 U.S. companies with the highest composite scores based on two fundamental factors (value and quality measures) and two technical factors (momentum and correlation). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$52.64

Average Daily Volume

25,306

Number of Holdings ^*

199

* may have additional holdings in another (foreign) market

Performance

Period	FVD	USMF
30 Days	1.87%	6.39%
60 Days	2.34%	7.88%
90 Days	4.86%	8.72%
12 Months	22.35%	32.34%

48 Overlapping Holdings

Symbol	Grade	Weight in FVD	Weight in USMF	Overlap
ABBV	D	0.42%	0.37%	0.37%
ABT	B	0.46%	0.4%	0.4%
ADP	B	0.48%	0.41%	0.41%
AEP	D	0.44%	0.29%	0.29%
AFL	B	0.45%	0.35%	0.35%
AIZ	A	0.52%	0.38%	0.38%
ALL	A	0.47%	0.37%	0.37%
BAH	F	0.44%	0.27%	0.27%
BMY	B	0.52%	0.36%	0.36%
BR	A	0.48%	0.38%	0.38%
CAG	D	0.43%	0.26%	0.26%
CBSH	A	0.54%	0.31%	0.31%
CL	D	0.43%	0.3%	0.3%
CMCSA	B	0.5%	0.92%	0.5%
CME	A	0.46%	0.36%	0.36%
CNA	B	0.45%	0.36%	0.36%
CTSH	B	0.49%	1.32%	0.49%
DE	A	0.45%	0.34%	0.34%
DGX	A	0.49%	0.42%	0.42%
DUK	C	0.43%	0.31%	0.31%
EIX	B	0.45%	0.3%	0.3%
ETR	B	0.51%	0.41%	0.41%
GILD	C	0.5%	0.42%	0.42%
GIS	D	0.44%	0.27%	0.27%
HII	D	0.35%	0.22%	0.22%
IBM	C	0.42%	1.39%	0.42%
INGR	B	0.52%	0.38%	0.38%
JNJ	D	0.43%	0.43%	0.43%
JNPR	F	0.45%	0.93%	0.45%
JPM	A	0.5%	0.39%	0.39%
KHC	F	0.42%	0.26%	0.26%
KMB	D	0.42%	0.32%	0.32%
KR	B	0.49%	0.34%	0.34%
LHX	C	0.46%	0.34%	0.34%
LMT	D	0.41%	0.39%	0.39%
MMM	D	0.46%	0.2%	0.2%
MO	A	0.52%	0.34%	0.34%
MRK	F	0.43%	0.35%	0.35%
PG	A	0.46%	0.33%	0.33%
PNW	B	0.48%	0.31%	0.31%
REYN	D	0.43%	0.3%	0.3%
SNX	C	0.45%	1.16%	0.45%
T	A	0.48%	1.09%	0.48%
TJX	A	0.48%	0.84%	0.48%
TRV	B	0.46%	0.38%	0.38%
VZ	C	0.43%	0.9%	0.43%
WM	A	0.49%	0.41%	0.41%
XOM	B	0.47%	0.44%	0.44%

FVD Overweight 153 Positions Relative to USMF

Symbol	Grade	Weight
GRMN	B	0.59%
GATX	A	0.54%
G	B	0.54%
EMR	A	0.54%
GS	A	0.53%
DTM	B	0.53%
PINC	B	0.53%
RHI	B	0.53%
MS	A	0.52%
IDA	A	0.52%
SEIC	B	0.52%
XEL	A	0.51%
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%
CVX	A	0.5%
UVV	B	0.5%
PKG	A	0.5%
WERN	C	0.5%
PM	B	0.5%
WTW	B	0.5%
WDFC	B	0.5%
ITW	B	0.49%
BLK	C	0.49%
CPK	A	0.49%
NEU	C	0.49%
SLGN	A	0.49%
NDAQ	A	0.49%
TROW	B	0.49%
TXN	C	0.49%
FAST	B	0.49%
CSX	B	0.49%
THG	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%
EVRG	A	0.48%
SBUX	A	0.48%
GNTX	C	0.48%
NI	A	0.48%
SCL	C	0.48%
CLX	B	0.48%
PAYX	C	0.48%
BKH	A	0.48%
SWX	B	0.48%
BTI	B	0.48%
MSM	C	0.48%
LECO	B	0.48%
UNH	C	0.48%
HON	B	0.48%
BRC	D	0.47%
AGR	B	0.47%
ALE	A	0.47%
NWN	A	0.47%
OGS	A	0.47%
EXPD	D	0.47%
UPS	C	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%
MSEX	B	0.47%
AEE	A	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%
INFY	B	0.46%
DLB	B	0.46%
AWR	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%
MMC	B	0.46%
HD	A	0.46%
TD	F	0.46%
PSA	D	0.46%
JJSF	B	0.46%
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%
WEC	A	0.45%
HSY	F	0.45%
FLO	D	0.45%
LNT	A	0.45%
HRL	D	0.45%
LOW	D	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%
EXC	C	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%
POR	C	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%
MMS	F	0.43%
UL	D	0.43%
SJM	D	0.43%
AVY	D	0.43%
AOS	F	0.43%
NKE	D	0.43%
ES	D	0.43%
RIO	D	0.43%
MDLZ	F	0.43%
DTE	C	0.43%
TSM	B	0.43%
AMGN	D	0.43%
NVS	D	0.42%
ED	D	0.42%
PFE	D	0.42%
KO	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%

FVD Underweight 151 Positions Relative to USMF

Symbol	Grade	Weight
APP	B	-1.8%
GDDY	A	-1.52%
MSI	B	-1.51%
VRSN	F	-1.43%
TDY	B	-1.32%
ROP	B	-1.31%
FFIV	B	-1.3%
TMUS	B	-1.27%
EA	A	-1.14%
TYL	B	-1.09%
FOXA	B	-1.09%
FICO	B	-1.08%
ZM	B	-1.02%
DBX	B	-1.01%
GEN	B	-1.01%
DOCU	A	-1.0%
CVLT	B	-0.98%
AKAM	D	-0.98%
CRM	B	-0.97%
HPQ	B	-0.96%
DIS	B	-0.92%
DT	C	-0.9%
NYT	C	-0.86%
FTNT	C	-0.85%
NTAP	C	-0.84%
ORLY	B	-0.8%
WDAY	B	-0.78%
DRI	B	-0.77%
TXRH	C	-0.77%
EPAM	C	-0.75%
MUSA	A	-0.74%
IPG	D	-0.74%
AZO	C	-0.71%
LVS	C	-0.71%
ARMK	B	-0.71%
EBAY	D	-0.68%
INFA	D	-0.68%
NTNX	A	-0.64%
GM	B	-0.61%
HRB	D	-0.58%
EXPE	B	-0.54%
CRUS	D	-0.51%
COR	B	-0.48%
FSLR	F	-0.48%
MCK	B	-0.46%
CAH	B	-0.44%
AMP	A	-0.44%
LDOS	C	-0.44%
EHC	B	-0.43%
IBKR	A	-0.43%
FI	A	-0.43%
BSX	B	-0.43%
ECL	D	-0.43%
HOLX	D	-0.42%
EOG	A	-0.42%
EXEL	B	-0.42%
RJF	A	-0.41%
RSG	A	-0.4%
L	A	-0.4%
HIG	B	-0.4%
ADTN	A	-0.4%
WFC	A	-0.4%
COP	C	-0.4%
UNM	A	-0.4%
DOV	A	-0.39%
ANF	C	-0.39%
ZBH	C	-0.38%
VRSK	A	-0.38%
CACI	D	-0.38%
GPK	C	-0.38%
UTHR	C	-0.38%
ALSN	B	-0.37%
CCK	C	-0.37%
RLI	B	-0.37%
BRK.A	B	-0.37%
LH	C	-0.37%
CHE	D	-0.37%
CINF	A	-0.37%
PGR	A	-0.36%
BRO	B	-0.36%
ORI	A	-0.36%
PCAR	B	-0.36%
EME	C	-0.36%
ACI	C	-0.36%
WMT	A	-0.36%
BERY	B	-0.36%
PPC	C	-0.36%
SSNC	B	-0.36%
PRI	A	-0.35%
AXP	A	-0.35%
MLI	C	-0.35%
VOYA	B	-0.35%
OGE	B	-0.35%
GAP	C	-0.35%
CBOE	B	-0.35%
HAL	C	-0.35%
WRB	A	-0.34%
AIG	B	-0.34%
MKL	A	-0.34%
MRO	B	-0.34%
VLO	C	-0.33%
VTRS	A	-0.33%
EWBC	A	-0.33%
MSA	D	-0.33%
RGA	A	-0.33%
GLPI	C	-0.33%
NTRS	A	-0.33%
SYF	B	-0.32%
ELS	C	-0.32%
NNN	D	-0.32%
VICI	C	-0.32%
MTB	A	-0.32%
TAP	C	-0.31%
DVN	F	-0.31%
POST	C	-0.31%
MTG	C	-0.3%
TMO	F	-0.3%
FCNCA	A	-0.3%
CRS	A	-0.3%
SYY	B	-0.3%
FRT	B	-0.3%
UHS	D	-0.3%
J	F	-0.3%
PCG	A	-0.3%
DVA	B	-0.29%
RYAN	B	-0.29%
ELV	F	-0.29%
SFM	A	-0.29%
MPC	D	-0.29%
HCA	F	-0.29%
LPX	B	-0.29%
CI	F	-0.28%
MAS	D	-0.28%
WPC	D	-0.28%
FDX	B	-0.26%
REGN	F	-0.26%
CNC	D	-0.26%
THC	D	-0.25%
SAIC	F	-0.25%
NBIX	C	-0.25%
DINO	D	-0.25%
AMT	D	-0.23%
APA	D	-0.23%
PAYC	B	-0.23%
FCN	D	-0.23%
PYPL	B	-0.22%
FMC	D	-0.19%
BMRN	D	-0.19%
HALO	F	-0.18%
LNTH	D	-0.14%
GL	B	-0.14%