LVOL vs. XPND ETF Comparison

Comparison of American Century Low Volatility ETF (LVOL) to First Trust Expanded Technology ETF (XPND)

LVOL

American Century Low Volatility ETF

LVOL Description

The investment seeks capital appreciation. The fund generally invests in common stocks of U.S. companies that have a market capitalization greater than $2 billion. It seeks to deliver a lower realized portfolio volatility than its benchmark, the S&P 500® Index, by utilizing a stock selection process that expands on traditional measures of price volatility by including measures of asymmetric volatility and seeking securities of businesses that demonstrate consistent cash-flows, stable operations, and strong balance sheets. The fund is an actively managed ETF that does not seek to replicate the performance of a specified index.

Grade (RS Rating)

Last Trade

$53.96

Average Daily Volume

270

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XPND

First Trust Expanded Technology ETF

XPND Description

The investment seeks to provide long-term capital appreciation. The fund will invest at least 80% of its net assets in the common stocks of companies identified by it?s investment advisor as either information technology companies or consumer discretionary and communication services companies whose operations are principally derived from and/or dependent upon technology (such companies are collectively referred to herein as ?Expanded Technology Companies?). The fund?s investments will be concentrated (i.e., invest more than 25% of fund assets) in the industries or group of industries comprising the information technology sector. It is non-diversified.

Grade (RS Rating)

Last Trade

$28.93

Average Daily Volume

2,159

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	LVOL	XPND
30 Days	0.27%	6.52%
60 Days	7.96%	14.38%
90 Days	4.53%	0.17%
12 Months	26.37%	41.41%

17 Overlapping Holdings

Symbol	Grade	Weight in LVOL	Weight in XPND	Overlap
AAPL	C	6.79%	4.33%	4.33%
ADSK	B	0.71%	1.08%	0.71%
APH	D	1.8%	1.46%	1.46%
CDW	D	0.12%	0.25%	0.12%
CRM	B	0.19%	4.75%	0.19%
EA	D	0.67%	0.23%	0.23%
GOOGL	B	2.11%	4.34%	2.11%
IBM	A	0.65%	3.79%	0.65%
INTU	F	1.43%	3.28%	1.43%
IT	A	0.45%	0.25%	0.25%
MA	A	2.38%	4.43%	2.38%
MSFT	D	8.08%	4.51%	4.51%
MSI	A	0.82%	1.38%	0.82%
NTAP	D	0.29%	0.25%	0.25%
PTC	B	0.99%	0.24%	0.24%
TDY	A	0.63%	0.24%	0.24%
V	B	2.91%	4.29%	2.91%

LVOL Overweight 81 Positions Relative to XPND

Symbol	Grade	Weight
JNJ	D	2.84%
PG	D	2.76%
CSCO	A	2.66%
ACN	B	2.61%
HD	A	2.54%
BRK.A	B	2.48%
LIN	C	2.39%
AMZN	C	2.08%
COST	C	2.01%
KO	C	1.95%
MMC	D	1.89%
MDT	C	1.85%
MRK	F	1.8%
CTAS	C	1.75%
TEL	D	1.72%
CTSH	B	1.46%
SPGI	C	1.45%
ABT	C	1.33%
PEP	F	1.31%
MCD	A	1.29%
DOX	B	1.28%
PAYX	B	1.23%
HON	C	1.21%
CB	A	1.2%
CMI	A	1.07%
BSX	A	1.05%
SHW	C	1.02%
RSG	D	0.99%
CL	D	0.98%
GD	C	0.95%
WM	B	0.87%
ECL	C	0.87%
MCO	D	0.86%
ITW	C	0.8%
DOV	C	0.77%
ROP	D	0.76%
GOOG	B	0.7%
SYK	C	0.67%
HIG	A	0.66%
AMP	A	0.6%
NDSN	C	0.58%
KMB	D	0.56%
TRV	B	0.5%
FAST	C	0.49%
GWW	B	0.49%
YUM	C	0.45%
VRSK	D	0.44%
OTIS	A	0.4%
CMCSA	B	0.39%
WMT	A	0.35%
SNA	C	0.33%
LOW	C	0.3%
GRMN	D	0.3%
BLK	A	0.28%
BR	B	0.28%
HOLX	D	0.22%
PKG	B	0.22%
MDLZ	D	0.21%
DLB	D	0.2%
MAS	C	0.2%
AVY	D	0.2%
VRSN	C	0.19%
IEX	D	0.18%
FDS	C	0.17%
ZBH	F	0.17%
FFIV	B	0.15%
LLY	D	0.15%
JKHY	A	0.15%
ORLY	A	0.13%
CW	A	0.11%
AJG	C	0.1%
AXP	A	0.1%
AON	A	0.1%
ABBV	C	0.09%
ITT	C	0.09%
CHE	D	0.08%
GGG	C	0.08%
LSTR	F	0.08%
DCI	B	0.08%
AVB	C	0.06%
VLTO	A	0.04%

LVOL Underweight 31 Positions Relative to XPND

Symbol	Grade	Weight
ORCL	A	-5.19%
AVGO	B	-4.77%
META	A	-4.75%
NVDA	B	-4.53%
TMUS	A	-4.37%
ADBE	F	-3.91%
QCOM	D	-3.54%
TXN	C	-3.52%
NOW	B	-3.35%
AMAT	C	-3.18%
ANET	A	-2.23%
LRCX	D	-2.03%
PANW	B	-2.02%
KLAC	B	-1.99%
PYPL	A	-1.51%
CRWD	D	-1.27%
WDAY	D	-1.19%
MRVL	C	-1.17%
CHTR	D	-0.83%
APP	A	-0.33%
MANH	A	-0.26%
WMG	D	-0.26%
FOXA	B	-0.25%
OMC	C	-0.25%
HPE	B	-0.25%
CPAY	A	-0.24%
BSY	D	-0.24%
TYL	D	-0.24%
TER	C	-0.24%
MPWR	B	-0.24%
SWKS	F	-0.22%