IPDP vs. RNDV ETF Comparison

Comparison of Dividend Performers ETF (IPDP) to First Trust US Equity Dividend Select ETF (RNDV)

IPDP

Dividend Performers ETF

IPDP Description

The investment seeks to provide income; the secondary objective is capital appreciation. The fund’s investment strategy is twofold: (1) investing in dividend paying U.S. equity securities, and (2) credit spread options on an S&P 500 ETF or Index. It may also invest in equity real estate investment trusts (“REITs”). A credit spread is an options strategy that involves the purchase of one option and a sale of another option in the same class and with the same expiration but different strike prices.

Grade (RS Rating)

Last Trade

$20.90

Average Daily Volume

1,335

Number of Holdings ^*

* may have additional holdings in another (foreign) market

RNDV

First Trust US Equity Dividend Select ETF

RNDV Description

The US Equity Dividend Select ETF (the "Fund") 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 Riskalyze US Equity Dividend Select Index (the "Index"). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund's investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. The Index is owned and is developed, maintained and sponsored by Riskalyze, Inc. (the "Index Provider").

Grade (RS Rating)

Last Trade

$35.20

Average Daily Volume

7,145

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IPDP	RNDV
30 Days	7.21%	4.05%
60 Days	6.87%	2.90%
90 Days	9.59%	5.44%
12 Months	33.58%	26.77%

15 Overlapping Holdings

Symbol	Grade	Weight in IPDP	Weight in RNDV	Overlap
ABBV	D	1.98%	1.02%	1.02%
ABT	B	2.02%	0.72%	0.72%
ACN	B	1.97%	2.01%	1.97%
ADP	B	1.98%	0.51%	0.51%
APH	B	1.96%	1.26%	1.26%
CAH	B	1.99%	0.73%	0.73%
FAST	B	1.99%	0.58%	0.58%
JNJ	D	2.02%	1.08%	1.08%
KLAC	F	1.92%	0.86%	0.86%
MRK	F	1.98%	0.92%	0.92%
QCOM	F	1.88%	2.43%	1.88%
SNA	A	2.0%	0.69%	0.69%
TROW	A	1.96%	1.57%	1.57%
TRV	B	2.01%	0.6%	0.6%
UNH	B	2.03%	0.56%	0.56%

IPDP Overweight 35 Positions Relative to RNDV

Symbol	Grade	Weight
MCK	C	2.04%
HIG	B	2.03%
RTX	D	2.02%
ALL	B	2.02%
CTAS	B	2.02%
ORI	A	2.02%
MMC	A	2.01%
TT	B	2.01%
AAPL	B	2.01%
SYK	C	2.01%
MSI	C	2.0%
COR	C	2.0%
AMP	B	2.0%
CSGS	B	2.0%
ABM	B	2.0%
BRO	B	2.0%
HNI	B	2.0%
GWW	A	2.0%
THG	C	2.0%
PRI	A	1.99%
CSCO	A	1.99%
ETN	A	1.99%
A	D	1.98%
RGA	A	1.98%
AOS	D	1.97%
DCI	A	1.96%
LECO	C	1.96%
APOG	B	1.96%
SEIC	A	1.96%
DOV	A	1.96%
AIT	B	1.96%
IEX	B	1.95%
WTS	B	1.95%
ECL	D	1.95%
BRC	C	1.9%

IPDP Underweight 80 Positions Relative to RNDV

Symbol	Grade	Weight
HPQ	B	-3.91%
IBM	C	-3.57%
HPE	B	-3.47%
VZ	B	-3.4%
TXN	D	-3.28%
GLW	B	-3.05%
MCHP	F	-2.41%
BEN	C	-2.16%
IPG	C	-2.14%
BMY	B	-1.85%
ADI	D	-1.81%
CMCSA	C	-1.71%
HAS	D	-1.63%
CVS	D	-1.57%
BBY	D	-1.55%
OMC	C	-1.48%
PRU	A	-1.43%
GPC	D	-1.42%
UPS	C	-1.15%
NTRS	A	-1.15%
MDT	D	-1.11%
MTB	B	-1.09%
PFG	C	-1.05%
HD	A	-1.02%
MCD	D	-1.01%
GRMN	A	-0.99%
MSFT	D	-0.94%
PM	B	-0.91%
OKE	C	-0.9%
CVX	B	-0.85%
MET	A	-0.85%
CINF	A	-0.85%
CAG	D	-0.8%
LOW	C	-0.77%
BLK	C	-0.75%
KVUE	A	-0.75%
DGX	B	-0.74%
TSN	B	-0.74%
NKE	F	-0.72%
PAYX	B	-0.72%
KMB	C	-0.7%
HRL	D	-0.69%
CTRA	B	-0.68%
CME	A	-0.67%
EG	C	-0.64%
SWK	D	-0.62%
CI	D	-0.61%
GIS	D	-0.61%
CMI	A	-0.6%
ITW	A	-0.59%
K	A	-0.58%
AMCR	D	-0.58%
EOG	C	-0.58%
AFL	B	-0.58%
XOM	C	-0.58%
CHRW	C	-0.57%
EMR	A	-0.56%
POOL	C	-0.55%
BDX	F	-0.55%
NSC	A	-0.55%
UNP	C	-0.54%
LMT	D	-0.5%
EVRG	A	-0.48%
O	D	-0.48%
LHX	C	-0.48%
LEN	C	-0.46%
PNW	B	-0.45%
FMC	D	-0.45%
ES	D	-0.43%
ETR	B	-0.41%
MAA	B	-0.4%
FRT	A	-0.4%
EMN	D	-0.4%
EIX	A	-0.39%
AEP	D	-0.37%
ESS	B	-0.36%
DLR	A	-0.36%
APD	A	-0.35%
CF	B	-0.35%
AVB	B	-0.32%