GRID vs. AIRR ETF Comparison

Comparison of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) to First Trust RBA American Industrial Renaissance ETF (AIRR)

GRID

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

GRID 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 NASDAQ OMX(R) Clean Edge(R) Smart Grid Infrastructure Index(SM). The fund normally invests at least 90% of assets in common stocks that comprise the index or in depositary receipts representing securities in the index. The index is designed to act as a transparent and liquid benchmark for the grid and electric energy infrastructure sector. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$110.53

Average Daily Volume

49,177

Number of Holdings ^*

* may have additional holdings in another (foreign) market

AIRR

First Trust RBA American Industrial Renaissance ETF

AIRR Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Richard Bernstein Advisors American Industrial Renaissance Index (the "index"). The fund will normally invest at least 90% of its net assets (plus the amount of any borrowings for investment purposes) in U.S. equity securities that comprise the index. The index is designed to measure the performance of small and mid cap U.S. companies in the industrial and community banking sectors. It is non-diversified.

Grade (RS Rating)

Last Trade

$61.84

Average Daily Volume

95,513

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GRID	AIRR
30 Days	-1.75%	-2.97%
60 Days	4.52%	1.70%
90 Days	10.56%	13.31%
12 Months	14.75%	35.05%

4 Overlapping Holdings

Symbol	Grade	Weight in GRID	Weight in AIRR	Overlap
ACA	D	0.03%	3.07%	0.03%
ATKR	A	1.12%	3.47%	1.12%
HUBB	A	3.87%	3.56%	3.56%
MTZ	B	0.04%	3.91%	0.04%

GRID Overweight 40 Positions Relative to AIRR

Symbol	Grade	Weight
ETN	A	8.57%
ABBV	C	7.8%
JCI	A	7.7%
PWR	A	4.05%
APTV	F	3.61%
ENPH	F	2.68%
NVT	A	2.13%
NVDA	A	2.13%
TSLA	F	1.57%
ORCL	B	1.51%
CSCO	D	1.45%
QCOM	B	1.43%
IBM	C	1.24%
GE	A	1.15%
TXN	B	1.13%
HON	D	1.0%
ADI	B	0.71%
ITRI	A	0.65%
SEDG	F	0.57%
EMR	B	0.51%
AEIS	D	0.51%
MYRG	B	0.44%
NXPI	D	0.39%
FLNC	F	0.15%
TRMB	C	0.1%
AMSC	D	0.08%
PLPC	F	0.07%
AES	D	0.07%
GNRC	A	0.06%
WLDN	A	0.06%
WCC	D	0.05%
LFUS	D	0.04%
ENS	D	0.03%
VMI	F	0.03%
ESE	D	0.02%
STM	D	0.02%
BDC	D	0.02%
DGII	B	0.01%
AZZ	A	0.01%
EBR	D	0.0%

GRID Underweight 42 Positions Relative to AIRR

Symbol	Grade	Weight
BLBD	B	-4.64%
EME	A	-4.63%
FIX	B	-4.45%
POWL	D	-4.28%
STRL	B	-3.88%
MDU	A	-3.79%
WIRE	A	-3.62%
DY	A	-3.58%
ROAD	B	-3.51%
CLH	A	-3.45%
FSS	A	-3.37%
WNC	D	-3.2%
GVA	A	-3.2%
ARRY	F	-3.06%
PRIM	A	-3.01%
RBC	D	-2.81%
MWA	B	-2.69%
AMRC	F	-2.49%
SHLS	F	-2.14%
GBX	A	-2.06%
ASTE	A	-1.6%
PRLB	D	-1.27%
LMB	D	-1.09%
FNB	C	-0.94%
ANET	C	-0.89%
SHYF	F	-0.73%
WTFC	C	-0.63%
PLOW	F	-0.59%
GABC	C	-0.57%
ONB	C	-0.53%
FCF	D	-0.51%
ASB	C	-0.49%
SRCE	C	-0.49%
FRME	C	-0.49%
PEBO	D	-0.49%
FULT	C	-0.48%
FFBC	D	-0.47%
QCRH	C	-0.45%
PRK	C	-0.41%
LKFN	D	-0.4%
MBWM	D	-0.4%
HTLF	B	-0.39%

GRID: Top Represented Industries & Keywords

Industries: Electronic Components Semiconductors Diversified Industrials Engineering & Construction Scientific & Technical Instruments Communication Equipment Specialty Industrial Machinery Auto Manufacturers Auto Parts Drug Manufacturers - Major Electronics Distribution Industrial Distribution Information Technology Services Infrastructure Operations Metal Fabrication Semiconductor Equipment & Materials Software - Infrastructure Solar Utilities - Diversified Utilities - Regulated Electric