MGMT vs. MDIV ETF Comparison

Comparison of Ballast Small/Mid Cap ETF (MGMT) to First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV)

MGMT

Ballast Small/Mid Cap ETF

MGMT Description

The investment seeks to generate positive risk adjusted returns. Under normal circumstances, the fund invests at least 80% of the value of its net assets (plus borrowings for investment purposes) in equity securities (principally common stocks) of domestic companies with small to medium market capitalizations. It may also invest all or substantially all of its assets in cash and cash equivalents, including money market funds and other short-term fixed income investments, in seeking to protect principal, or when, in the Adviser's opinion, there are not sufficient companies appropriate for investment.

Grade (RS Rating)

Last Trade

$36.62

Average Daily Volume

14,521

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MDIV

First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund

MDIV 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 NASDAQ Multi-Asset Diversified Income Index. The index is designed to provide access to a diversified portfolio of small, mid and large capitalization income producing securities, which are composed of domestic and international dividend-paying stocks, REITs, oil and gas or basic materials MLPs, U.S.-listed preferred securities and an index-based ETF that invests in high yield or "junk" bonds.

Grade (RS Rating)

Last Trade

$15.78

Average Daily Volume

95,129

Number of Holdings ^*

105

* may have additional holdings in another (foreign) market

Performance

Period	MGMT	MDIV
30 Days	-1.08%	0.59%
60 Days	0.17%	1.78%
90 Days	3.56%	4.37%
12 Months	12.38%	17.22%

3 Overlapping Holdings

Symbol	Grade	Weight in MGMT	Weight in MDIV	Overlap
EPR	C	1.63%	0.98%	0.98%
LAMR	B	2.36%	0.67%	0.67%
NRP	B	5.26%	0.75%	0.75%

MGMT Overweight 43 Positions Relative to MDIV

Symbol	Grade	Weight
AGM	C	3.84%
CVCO	C	3.2%
AZZ	C	3.06%
MTG	C	2.92%
PHIN	A	2.91%
TDC	D	2.88%
EXP	C	2.85%
CEIX	F	2.76%
CASS	D	2.64%
TRIP	D	2.59%
SOI	B	2.53%
GEO	B	2.52%
LSTR	D	2.32%
NTIC	A	2.22%
ATKR	B	2.21%
CBNK	D	2.13%
IGIC	B	2.1%
GPRE	F	2.09%
BIOX	D	2.05%
LII	D	1.97%
IMXI	F	1.94%
DOX	D	1.84%
SFM	A	1.7%
BLCO	F	1.7%
BWA	B	1.66%
KOS	F	1.6%
GSM	B	1.58%
RMNI	F	1.51%
BELFB	B	1.5%
IPGP	D	1.49%
CRMT	D	1.49%
ECVT	F	1.48%
KN	B	1.28%
RCMT	F	1.21%
UFPT	B	1.17%
EPSN	B	1.17%
TKR	B	1.15%
PATK	C	0.92%
IRMD	D	0.91%
CMP	F	0.86%
EXTR	F	0.82%
G	D	0.8%
BIL	A	0.23%

MGMT Underweight 102 Positions Relative to MDIV

Symbol	Grade	Weight
HYLS	A	-19.8%
ARLP	A	-1.58%
PMT	A	-1.49%
RC	C	-1.46%
IEP	F	-1.4%
BSM	B	-1.21%
NSS	B	-1.2%
DMLP	C	-1.17%
KRP	A	-1.14%
LADR	B	-1.11%
DKL	F	-1.07%
AGNCN	A	-1.07%
CQP	C	-1.04%
LTC	A	-1.02%
NHI	A	-0.98%
GBDC	A	-0.96%
CAPL	B	-0.95%
ET	A	-0.92%
MPLX	A	-0.91%
WES	A	-0.91%
GTY	B	-0.86%
GLPI	F	-0.86%
MO	A	-0.86%
USAC	D	-0.81%
CTRE	B	-0.78%
CHSCO	C	-0.78%
GLP	B	-0.77%
APLE	F	-0.76%
PAA	B	-0.75%
FCPT	B	-0.75%
CHSCL	C	-0.75%
EPD	B	-0.75%
WTFCP	A	-0.73%
NNN	A	-0.73%
CHSCN	C	-0.72%
ESGRP	A	-0.72%
PAGP	B	-0.71%
CHSCM	B	-0.7%
GEL	B	-0.7%
VICI	D	-0.68%
SPG	D	-0.67%
EPRT	A	-0.65%
CHSCP	D	-0.64%
KIM	C	-0.62%
CMSD	C	-0.61%
WU	D	-0.61%
MAA	B	-0.61%
BRX	C	-0.6%
ENLC	C	-0.58%
CUBE	D	-0.56%
T	B	-0.53%
SUN	D	-0.52%
REG	F	-0.52%
PSA	D	-0.51%
VZ	D	-0.51%
UVV	B	-0.5%
OKE	B	-0.49%
PNW	B	-0.47%
NWE	B	-0.47%
NWN	B	-0.46%
SR	B	-0.45%
BKH	B	-0.44%
EVRG	B	-0.44%
LYB	D	-0.44%
ES	B	-0.44%
CAG	B	-0.43%
EXR	C	-0.43%
PRU	C	-0.42%
VCTR	A	-0.42%
CTRA	B	-0.41%
ALE	B	-0.41%
FE	A	-0.39%
DUK	A	-0.39%
SWX	A	-0.39%
OGS	B	-0.39%
ETR	A	-0.39%
EIX	A	-0.39%
UPS	F	-0.38%
FLO	B	-0.38%
NFG	A	-0.38%
BBY	D	-0.38%
AEP	A	-0.38%
K	B	-0.37%
TROW	D	-0.37%
CVX	B	-0.37%
KMB	B	-0.37%
PEG	A	-0.37%
EXC	B	-0.37%
KHC	C	-0.37%
SO	A	-0.37%
BMY	F	-0.35%
C	A	-0.35%
WEC	B	-0.35%
NJR	B	-0.35%
NI	A	-0.35%
MS	A	-0.34%
EMN	B	-0.34%
LNT	B	-0.33%
BEN	F	-0.32%
VTRS	D	-0.32%
GILD	F	-0.29%
NMM	B	-0.11%