IVOV vs. FDL ETF Comparison

Comparison of Vanguard S&P Mid-Cap 400 Value ETF (IVOV) to First Trust Morningstar ETF (FDL)

IVOV

Vanguard S&P Mid-Cap 400 Value ETF

IVOV Description

The investment seeks to track the performance of a benchmark index that measures the investment return of mid-capitalization value stocks in the United States. The fund employs an indexing investment approach designed to track the performance of the S&P MidCap 400Â® Value Index, which represents the value companies of the S&P MidCap 400 Index. The index measures the performance of mid-capitalization value stocks. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$103.46

Average Daily Volume

15,333

Number of Holdings ^*

284

* may have additional holdings in another (foreign) market

FDL

First Trust Morningstar ETF

FDL 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 Morningstar(R) Dividend Leaders Index(SM). 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 objective of the index is to offer investors a benchmark for dividend portfolios as well as a means to invest in a portfolio of stocks that have a consistent record of growing dividends as well as the ability to sustain them. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$43.34

Average Daily Volume

362,157

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	IVOV	FDL
30 Days	7.33%	2.77%
60 Days	8.59%	4.11%
90 Days	9.69%	6.49%
12 Months	31.86%	33.82%

37 Overlapping Holdings

Symbol	Grade	Weight in IVOV	Weight in FDL	Overlap
ALE	A	0.26%	0.12%	0.12%
ASB	B	0.25%	0.12%	0.12%
BKH	A	0.29%	0.13%	0.13%
CC	C	0.19%	0.12%	0.12%
CNH	C	0.69%	0.32%	0.32%
COLB	A	0.42%	0.28%	0.28%
CRI	D	0.14%	0.06%	0.06%
FAF	A	0.46%	0.16%	0.16%
FHI	A	0.22%	0.09%	0.09%
FHN	A	0.65%	0.31%	0.31%
FLO	D	0.31%	0.13%	0.13%
FNF	B	1.1%	0.37%	0.37%
GEF	A	0.11%	0.01%	0.01%
JHG	A	0.37%	0.19%	0.19%
MAN	D	0.21%	0.1%	0.1%
MSM	C	0.12%	0.11%	0.11%
MTN	C	0.15%	0.24%	0.15%
NJR	A	0.32%	0.12%	0.12%
NWE	B	0.23%	0.11%	0.11%
NXST	C	0.38%	0.15%	0.15%
OGE	B	0.57%	0.25%	0.25%
OGS	A	0.28%	0.1%	0.1%
OZK	B	0.16%	0.15%	0.15%
PNM	F	0.28%	0.11%	0.11%
POR	C	0.34%	0.14%	0.14%
PRGO	B	0.25%	0.11%	0.11%
SMG	D	0.16%	0.09%	0.09%
SNV	B	0.51%	0.21%	0.21%
SR	A	0.26%	0.13%	0.13%
TNL	A	0.07%	0.13%	0.07%
UBSI	B	0.36%	0.16%	0.16%
UGI	A	0.36%	0.22%	0.22%
VLY	B	0.29%	0.17%	0.17%
WEN	D	0.11%	0.13%	0.11%
WHR	B	0.4%	0.33%	0.33%
WU	D	0.26%	0.2%	0.2%
ZION	B	0.54%	0.23%	0.23%

IVOV Overweight 247 Positions Relative to FDL

Symbol	Grade	Weight
ILMN	D	1.62%
USFD	A	1.06%
THC	D	1.05%
COHR	B	1.0%
DOCU	A	1.0%
RGA	A	0.98%
JLL	D	0.91%
PFGC	B	0.89%
WPC	D	0.86%
BJ	A	0.79%
RRX	B	0.78%
UNM	A	0.77%
SF	B	0.75%
AA	B	0.73%
JEF	A	0.73%
ARMK	B	0.7%
ALLY	C	0.68%
AFG	A	0.66%
UTHR	C	0.64%
WBS	A	0.63%
FLR	B	0.63%
SNX	C	0.62%
AAL	B	0.62%
AVTR	F	0.62%
GME	C	0.61%
X	C	0.61%
GPK	C	0.6%
WCC	B	0.6%
ORI	A	0.59%
GMED	A	0.59%
KNX	B	0.59%
XPO	B	0.57%
BERY	B	0.57%
FYBR	D	0.56%
CACI	D	0.55%
GLPI	C	0.55%
WTFC	A	0.54%
ACM	A	0.54%
ADC	B	0.53%
RPM	A	0.53%
MTZ	B	0.53%
AR	B	0.53%
SFM	A	0.53%
SSB	B	0.52%
TPL	A	0.51%
TMHC	B	0.5%
PB	A	0.49%
IBKR	A	0.48%
EQH	B	0.48%
BIO	D	0.48%
VNO	B	0.48%
OSK	B	0.47%
OHI	C	0.46%
R	B	0.45%
ESNT	D	0.45%
AGCO	D	0.44%
CMC	B	0.44%
FBIN	D	0.44%
EWBC	A	0.44%
DAR	C	0.44%
BURL	A	0.44%
G	B	0.44%
DINO	D	0.44%
STWD	C	0.44%
ARW	D	0.44%
VMI	B	0.44%
CLF	F	0.43%
CADE	B	0.43%
NOV	C	0.43%
ONB	B	0.43%
RNR	C	0.43%
CCK	C	0.42%
GBCI	B	0.42%
LAD	A	0.42%
AMG	B	0.41%
SCI	B	0.41%
KRG	B	0.4%
SRCL	C	0.4%
REXR	F	0.4%
CG	A	0.39%
PVH	C	0.39%
EHC	B	0.39%
BMRN	D	0.39%
INGR	B	0.39%
NFG	A	0.39%
THO	B	0.39%
DKS	C	0.38%
THG	A	0.38%
CIEN	B	0.38%
LEA	D	0.38%
ST	F	0.37%
FNB	A	0.37%
KD	B	0.37%
WTRG	B	0.36%
HOMB	A	0.36%
SON	D	0.36%
POST	C	0.36%
NNN	D	0.35%
PNFP	B	0.34%
AVT	C	0.34%
SAIC	F	0.34%
KBR	F	0.34%
CUBE	D	0.34%
UMBF	B	0.34%
LAMR	D	0.34%
CW	B	0.33%
BDC	B	0.33%
CUZ	B	0.33%
XRAY	F	0.33%
ELS	C	0.33%
CFR	B	0.33%
VOYA	B	0.33%
AYI	B	0.32%
SBRA	C	0.32%
BRX	A	0.32%
ATR	B	0.32%
GAP	C	0.32%
RGLD	C	0.32%
LITE	B	0.31%
TTC	D	0.31%
IRT	A	0.31%
SWX	B	0.31%
TKO	B	0.31%
AMH	D	0.31%
WAL	B	0.31%
SLGN	A	0.3%
M	D	0.3%
KRC	C	0.3%
ORA	B	0.3%
AVNT	B	0.3%
CBSH	A	0.3%
AN	C	0.29%
ASGN	F	0.29%
ASH	D	0.29%
JAZZ	B	0.28%
BRBR	A	0.28%
MTG	C	0.28%
KMPR	B	0.27%
HOG	D	0.27%
DCI	B	0.27%
FLS	B	0.27%
KEX	C	0.27%
CGNX	C	0.27%
MAT	D	0.27%
HQY	B	0.26%
CNO	A	0.26%
PII	D	0.26%
CNM	D	0.26%
SEIC	B	0.26%
MIDD	C	0.25%
TCBI	B	0.25%
NVST	B	0.25%
FR	C	0.25%
IDA	A	0.24%
STAG	F	0.24%
MKSI	C	0.24%
TKR	D	0.23%
DTM	B	0.23%
CHE	D	0.23%
CYTK	F	0.23%
GATX	A	0.22%
EGP	F	0.22%
EVR	B	0.21%
PCH	D	0.21%
FFIN	B	0.2%
PAG	B	0.2%
NEOG	F	0.2%
KBH	D	0.2%
PBF	D	0.2%
OLN	D	0.2%
BHF	B	0.2%
SLM	A	0.2%
AMKR	D	0.2%
EXLS	B	0.2%
GHC	C	0.2%
GXO	B	0.19%
CXT	B	0.19%
ALV	C	0.19%
CVLT	B	0.19%
VAC	B	0.18%
SIGI	C	0.18%
BRKR	D	0.18%
GNTX	C	0.18%
CRUS	D	0.18%
MUR	D	0.18%
NOVT	D	0.18%
RYN	D	0.18%
DOCS	C	0.18%
RH	B	0.18%
EXPO	D	0.17%
WH	B	0.17%
MTSI	B	0.17%
SRPT	D	0.17%
MASI	A	0.17%
HXL	D	0.17%
CDP	C	0.16%
ENS	D	0.16%
RCM	F	0.16%
RLI	B	0.16%
GT	C	0.16%
ENOV	C	0.16%
BC	C	0.15%
ALGM	D	0.15%
ZI	D	0.15%
HWC	B	0.15%
LPX	B	0.15%
JWN	C	0.15%
VSH	D	0.14%
CBT	C	0.14%
PPC	C	0.14%
LSTR	D	0.14%
CNXC	F	0.14%
AM	A	0.14%
AMED	F	0.13%
LFUS	F	0.13%
IBOC	A	0.13%
DLB	B	0.13%
EEFT	B	0.13%
ROIV	C	0.13%
POWI	D	0.12%
IRDM	D	0.12%
LANC	C	0.12%
LIVN	F	0.12%
OPCH	D	0.12%
CHX	C	0.12%
NSA	D	0.11%
TEX	D	0.11%
KNF	A	0.11%
SYNA	C	0.11%
CHH	A	0.11%
UAA	C	0.11%
VC	D	0.1%
COLM	B	0.1%
SAM	C	0.1%
MMS	F	0.1%
NSP	D	0.1%
PSN	D	0.1%
HAE	C	0.1%
CPRI	F	0.09%
IPGP	D	0.09%
EPR	D	0.09%
YETI	C	0.08%
BLKB	B	0.08%
UA	C	0.07%
WMG	C	0.07%
HGV	B	0.06%
AZTA	D	0.05%

IVOV Underweight 63 Positions Relative to FDL

Symbol	Grade	Weight
CVX	A	-9.22%
VZ	C	-7.42%
ABBV	D	-6.79%
PFE	D	-5.94%
PM	B	-5.87%
MO	A	-4.96%
IBM	C	-4.35%
UPS	C	-3.49%
GILD	C	-3.11%
USB	A	-2.44%
CVS	D	-2.33%
TFC	A	-2.19%
DUK	C	-2.18%
PNC	B	-2.12%
KMI	A	-2.06%
OKE	A	-1.96%
F	C	-1.78%
PRU	A	-1.46%
FANG	D	-1.25%
DOW	F	-1.23%
AEP	D	-1.21%
KMB	D	-1.08%
EXC	C	-1.04%
XEL	A	-0.93%
KHC	F	-0.91%
TROW	B	-0.9%
LYB	F	-0.87%
EIX	B	-0.83%
ETR	B	-0.82%
FITB	A	-0.78%
HBAN	A	-0.78%
WEC	A	-0.76%
RF	A	-0.75%
STT	A	-0.67%
KEY	B	-0.66%
CFG	B	-0.64%
ES	D	-0.64%
FE	C	-0.57%
AEE	A	-0.54%
BBY	D	-0.49%
EVRG	A	-0.44%
CLX	B	-0.43%
OMF	A	-0.42%
K	A	-0.42%
CAG	D	-0.41%
LNT	A	-0.35%
CMA	A	-0.33%
IPG	D	-0.33%
SJM	D	-0.31%
SWK	D	-0.31%
PNW	B	-0.29%
BEN	C	-0.28%
LNC	B	-0.26%
HAS	D	-0.24%
FMC	D	-0.19%
APAM	B	-0.17%
FIBK	A	-0.14%
FHB	A	-0.11%
AVA	A	-0.1%
CATY	B	-0.09%
AGR	B	-0.09%
LCII	C	-0.08%
SIRI	C	-0.05%