IPPP vs. FDM ETF Comparison

Comparison of Preferred-Plus ETF (IPPP) to First Trust DJ Select MicroCap ETF (FDM)
IPPP

Preferred-Plus ETF

IPPP Description

The investment seeks to provide income. The fund invests at least 80% of its net assets (plus any borrowings made for investment purposes) in a portfolio of preferred securities issued by U.S. and non-U.S. companies. It may invest in preferred securities of all issuer capitalizations. The fund may also invest in publicly-traded partnerships (“PTPs”). The Advisor intends to maintain approximately 10% asset exposure to a credit spread options strategy, although market conditions may dictate additional exposure.

Grade (RS Rating)

Last Trade

$9.85

Average Daily Volume

11,874

Number of Holdings *

18

* may have additional holdings in another (foreign) market
FDM

First Trust DJ Select MicroCap ETF

FDM 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 Dow Jones Select MicroCap Index(SM) (the "index"). The fund will normally invest at least 80% of its net assets plus the amount of any borrowings for investment purposes in common stocks of U.S. micro-capitalization companies which are publicly traded in the United States. The index is comprised of selected U.S. micro-capitalization companies chosen from all common stocks traded on the NewYork Stock Exchange, the NYSE MKT and NASDAQ(R) with limited partnerships excluded.

Grade (RS Rating)

Last Trade

$61.31

Average Daily Volume

4,437

Number of Holdings *

153

* may have additional holdings in another (foreign) market
Performance
Period IPPP FDM
30 Days 0.40% -1.28%
60 Days 0.81% 1.67%
90 Days 1.11% 5.21%
12 Months 23.54% 26.31%
0 Overlapping Holdings
Symbol Grade Weight in IPPP Weight in FDM Overlap
IPPP Overweight 18 Positions Relative to FDM
Symbol Grade Weight
AGNC B 1.41%
ESGRP A 1.32%
WTFCP A 1.32%
AQNB A 1.32%
SREA C 1.25%
NRUC A 1.07%
CHSCL B 1.03%
T C 0.98%
CHSCN B 0.88%
NSS A 0.86%
UZE C 0.79%
UNMA A 0.63%
CMSD B 0.63%
TBC C 0.61%
PRS C 0.61%
RZB A 0.61%
SOJD C 0.57%
FITBI A 0.39%
IPPP Underweight 153 Positions Relative to FDM
Symbol Grade Weight
POWL B -2.27%
ACMR D -2.06%
SCSC C -1.76%
CRAI B -1.71%
VSEC A -1.7%
CGEM A -1.51%
GNK A -1.5%
CRGY F -1.49%
SXC D -1.46%
REX B -1.43%
BBSI A -1.35%
MYE A -1.35%
HAYN C -1.26%
VVI D -1.23%
CECO C -1.22%
DCO A -1.21%
IDT A -1.18%
EGY B -1.15%
CLW B -1.11%
DXPE B -1.1%
AMBC D -1.1%
ZEUS F -1.08%
UVSP A -1.04%
BELFB B -0.98%
UWMC C -0.98%
BRY B -0.97%
EZPW C -0.96%
MLR A -0.93%
OSBC B -0.92%
LEU C -0.92%
ARHS D -0.91%
HCKT D -0.9%
WSR D -0.89%
MBWM B -0.88%
KE D -0.88%
CFB D -0.87%
TTI F -0.87%
IBCP B -0.86%
PLOW D -0.85%
HTBK D -0.81%
BFST D -0.8%
GATO B -0.79%
GSBC B -0.75%
TITN D -0.75%
LMB C -0.75%
SD C -0.74%
RICK F -0.73%
DENN F -0.72%
NPK A -0.71%
AVNW F -0.71%
AMAL B -0.71%
DHIL C -0.71%
VPG D -0.7%
HVT F -0.69%
CCB B -0.69%
LYTS B -0.68%
HDSN F -0.67%
HTBI B -0.66%
CYH B -0.66%
CENT D -0.65%
LQDT D -0.65%
OSUR D -0.65%
BHB B -0.64%
THFF B -0.64%
SMBC D -0.64%
BBW A -0.63%
VYGR D -0.62%
CWCO D -0.62%
OLP A -0.6%
CCBG D -0.6%
ODC B -0.59%
KRNY F -0.58%
NBN C -0.57%
SIGA A -0.57%
RMR B -0.57%
CSV B -0.57%
GNE F -0.57%
PAHC A -0.56%
BOOM F -0.54%
ARTNA D -0.54%
GLRE A -0.54%
NWPX C -0.53%
OSG B -0.53%
KODK D -0.52%
SPFI B -0.52%
SPOK F -0.52%
AVD C -0.51%
ESQ C -0.5%
MCFT F -0.5%
MOFG D -0.49%
LINC A -0.49%
JOUT F -0.45%
AMPY B -0.44%
SOI B -0.44%
BSRR B -0.44%
NEWT D -0.43%
NRIM C -0.43%
FSBC D -0.42%
PBPB F -0.42%
PANL C -0.41%
HBT B -0.4%
RM B -0.39%
WTI F -0.38%
ONEW F -0.38%
FET F -0.37%
LOCO C -0.37%
NECB B -0.37%
MVBF F -0.37%
FSBW C -0.36%
BCML C -0.35%
INSE F -0.35%
CVLY B -0.34%
TSBK D -0.33%
OBT B -0.32%
OMER C -0.32%
AFCG B -0.31%
PKOH C -0.31%
NATH D -0.3%
EPM F -0.29%
KFS A -0.29%
GENC A -0.29%
IPI D -0.29%
RLGT F -0.29%
PLBC B -0.28%
OVLY C -0.27%
CMT D -0.24%
LEGH D -0.24%
TSQ B -0.24%
FF B -0.24%
MEC B -0.24%
MPX C -0.23%
STKS C -0.23%
QUAD D -0.23%
RNGR F -0.23%
INTT F -0.22%
OCN D -0.22%
LSEA F -0.21%
HNRG F -0.21%
ATLC F -0.21%
EVC C -0.21%
CMPO B -0.2%
III F -0.17%
RCMT F -0.17%
KLXE F -0.16%
MNSB D -0.15%
REI B -0.14%
HGBL F -0.13%
BGFV F -0.13%
ASRT D -0.13%
TUSK F -0.12%
CCRD C -0.12%
TZOO D -0.09%
CMBM F -0.07%
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