MISL vs. ACES ETF Comparison

Comparison of First Trust Indxx Aerospace & Defense ETF (MISL) to ALPS Clean Energy ETF (ACES)

MISL

First Trust Indxx Aerospace & Defense ETF

MISL Description

The First Trust Indxx Aerospace & Defense ETF seeks investment results that correspond generally to the price and yield, before fees and expenses, of an equity index called the Indxx US Aerospace & Defense Index (the "Index"). Under normal market conditions, the Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in the common stocks that comprise the Index.

Grade (RS Rating)

Last Trade

$26.91

Average Daily Volume

14,538

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ACES

ALPS Clean Energy ETF

ACES Description

The investment seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the CIBC Atlas Clean Energy Index (ticker symbol NACEX) (the "underlying index"). The fund will invest at least 80% of its net assets in securities that comprise the underlying index. The underlying index utilizes a rules-based methodology developed by CIBC National Trust Company (the "index provider"), which is designed to provide exposure to a diverse set of U.S. and Canadian companies involved in the clean energy sector including renewables and clean technology. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.89

Average Daily Volume

107,982

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MISL	ACES
30 Days	-0.65%	-8.63%
60 Days	2.84%	-7.18%
90 Days	8.25%	-9.28%
12 Months	22.49%	-36.33%

0 Overlapping Holdings

	Symbol	Grade	Weight in MISL	Weight in ACES	Overlap

MISL Overweight 10 Positions Relative to ACES

Symbol	Grade	Weight
RTX	A	8.31%
GD	B	8.22%
NOC	A	7.44%
LMT	A	7.3%
BA	F	6.3%
HWM	B	4.48%
TXT	B	4.47%
LDOS	A	4.38%
TDG	A	4.38%
HII	C	4.16%

MISL Underweight 32 Positions Relative to ACES

Symbol	Grade	Weight
FSLR	A	-6.51%
DAR	D	-5.52%
ITRI	A	-5.21%
ENPH	D	-5.0%
ALB	F	-4.64%
RIVN	F	-4.45%
TSLA	D	-4.44%
ORA	F	-4.1%
WOLF	F	-4.02%
HASI	B	-3.48%
NEP	D	-3.26%
RUN	F	-2.95%
LCID	F	-2.74%
PLUG	F	-2.36%
ANDE	B	-2.32%
CWEN	B	-2.31%
ARRY	F	-2.05%
SHLS	F	-1.78%
GPRE	F	-1.67%
FLNC	B	-1.24%
REX	A	-1.12%
NKLA	F	-1.05%
AMRC	D	-0.76%
CHPT	F	-0.69%
NOVA	F	-0.53%
AMSC	C	-0.52%
CLNE	F	-0.5%
PLL	F	-0.31%
STEM	F	-0.3%
AMPS	F	-0.26%
SPWR	F	-0.25%
GEVO	F	-0.18%

MISL: Top Represented Industries & Keywords

Industries: Aerospace & Defense Information Technology Services Specialty Industrial Machinery