PAPI vs. FCTR ETF Comparison

Comparison of Parametric Equity Premium Income ETF (PAPI) to First Trust Lunt U.S. Factor Rotation ETF (FCTR)

PAPI

Parametric Equity Premium Income ETF

PAPI Description

The fund is an actively managed exchange-traded fund. Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities. Equity securities in which the fund may invest include common stocks.

Grade (RS Rating)

Last Trade

$28.08

Average Daily Volume

33,669

Number of Holdings ^*

189

* may have additional holdings in another (foreign) market

FCTR

First Trust Lunt U.S. Factor Rotation ETF

FCTR 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 Lunt Capital Large Cap Factor Rotation Index (the "index"). The fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the index. The index is designed to provide exposure to U.S. large cap equities grouped into four separate factors, with factors emphasized within the index as they come into favor in the U.S. marketplace. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.76

Average Daily Volume

7,787

Number of Holdings ^*

165

* may have additional holdings in another (foreign) market

Performance

Period	PAPI	FCTR
30 Days	3.08%	9.38%
60 Days	3.73%	12.16%
90 Days	4.88%	17.79%
12 Months	19.25%	36.88%

32 Overlapping Holdings

Symbol	Grade	Weight in PAPI	Weight in FCTR	Overlap
ADP	B	0.54%	1.13%	0.54%
AEE	A	0.54%	0.45%	0.45%
AEP	D	0.5%	0.39%	0.39%
AFL	B	0.5%	0.41%	0.41%
ATO	A	0.53%	0.27%	0.27%
BDX	F	0.5%	0.41%	0.41%
CHD	B	0.54%	0.22%	0.22%
COST	B	0.54%	0.34%	0.34%
CSCO	B	0.54%	0.25%	0.25%
DRI	B	0.54%	0.5%	0.5%
DUK	C	0.5%	0.49%	0.49%
ED	D	0.48%	0.42%	0.42%
FAST	B	0.56%	0.53%	0.53%
FE	C	0.5%	0.49%	0.49%
KDP	D	0.46%	0.44%	0.44%
KMB	D	0.49%	0.38%	0.38%
KO	D	0.45%	0.52%	0.45%
LNT	A	0.52%	0.48%	0.48%
MDT	D	0.51%	0.41%	0.41%
MSFT	F	0.53%	0.37%	0.37%
OKE	A	0.61%	0.35%	0.35%
PAYX	C	0.53%	1.49%	0.53%
PEP	F	0.48%	0.2%	0.2%
PG	A	0.52%	0.51%	0.51%
PPG	F	0.49%	0.41%	0.41%
PPL	B	0.55%	0.5%	0.5%
ROP	B	0.52%	0.43%	0.43%
SO	D	0.5%	0.44%	0.44%
SRE	A	0.57%	0.49%	0.49%
SYK	C	0.57%	1.37%	0.57%
TJX	A	0.54%	0.6%	0.54%
WEC	A	0.52%	0.47%	0.47%

PAPI Overweight 157 Positions Relative to FCTR

Symbol	Grade	Weight
GRMN	B	0.65%
SNA	A	0.63%
IP	B	0.63%
DTM	B	0.62%
BKR	B	0.62%
EMR	A	0.61%
UNM	A	0.61%
IDCC	A	0.61%
PINC	B	0.6%
FOX	A	0.59%
CFR	B	0.59%
TAP	C	0.59%
EA	A	0.59%
PB	A	0.59%
MO	A	0.59%
IDA	A	0.59%
KMI	A	0.58%
CINF	A	0.58%
JHG	A	0.58%
WMB	A	0.58%
JCI	C	0.58%
WHR	B	0.57%
RHI	B	0.57%
TRV	B	0.57%
CTRA	B	0.57%
RF	A	0.57%
DGX	A	0.57%
LH	C	0.57%
TXRH	C	0.57%
FOXA	B	0.57%
XEL	A	0.57%
CVX	A	0.57%
CMI	A	0.57%
WSO	A	0.56%
CAH	B	0.56%
EOG	A	0.56%
RS	B	0.56%
PKG	A	0.56%
PM	B	0.56%
TROW	B	0.56%
COP	C	0.56%
VLO	C	0.55%
DCI	B	0.55%
INGR	B	0.55%
UNH	C	0.55%
GGG	B	0.55%
EVRG	A	0.55%
OGE	B	0.55%
T	A	0.55%
GNTX	C	0.54%
MOS	F	0.54%
PAG	B	0.54%
CMCSA	B	0.54%
COR	B	0.54%
OGS	A	0.54%
ORI	A	0.54%
WMT	A	0.54%
AFG	A	0.54%
MTN	C	0.54%
CTSH	B	0.53%
LHX	C	0.53%
AM	A	0.53%
GILD	C	0.53%
TXN	C	0.53%
PRU	A	0.53%
MSM	C	0.53%
COLM	B	0.53%
HPE	B	0.53%
GLW	B	0.53%
HP	B	0.52%
BMI	B	0.52%
ABT	B	0.52%
NFG	A	0.52%
ATR	B	0.52%
PEG	A	0.52%
UPS	C	0.52%
HPQ	B	0.52%
EXPD	D	0.52%
XOM	B	0.52%
PSX	C	0.52%
CHRD	D	0.52%
CME	A	0.52%
POR	C	0.51%
AVT	C	0.51%
DD	D	0.51%
CALM	A	0.51%
DLB	B	0.51%
DINO	D	0.51%
HIG	B	0.51%
FNF	B	0.51%
APD	A	0.51%
LKQ	D	0.51%
OXM	D	0.51%
CTVA	C	0.5%
JNJ	D	0.5%
RTX	C	0.5%
POWI	D	0.5%
NYT	C	0.5%
DVN	F	0.5%
GD	F	0.5%
ACN	C	0.5%
VZ	C	0.5%
CCOI	B	0.5%
SNX	C	0.5%
PFG	D	0.5%
RGLD	C	0.5%
BG	F	0.5%
D	C	0.5%
MTG	C	0.5%
DOX	D	0.49%
OMC	C	0.49%
CHE	D	0.49%
BBY	D	0.49%
SON	D	0.49%
FLO	D	0.49%
LIN	D	0.49%
JKHY	D	0.49%
EMN	D	0.49%
QCOM	F	0.49%
HRL	D	0.49%
CAG	D	0.48%
LYB	F	0.48%
AOS	F	0.48%
WEN	D	0.48%
ADI	D	0.48%
RPRX	D	0.48%
LEA	D	0.48%
WU	D	0.48%
SHOO	D	0.47%
AMCR	D	0.47%
LEN	D	0.47%
CI	F	0.47%
ADM	D	0.47%
ABBV	D	0.46%
ASH	D	0.46%
FMC	D	0.46%
HAS	D	0.46%
KHC	F	0.46%
MRK	F	0.46%
IBM	C	0.46%
IPG	D	0.45%
SWKS	F	0.45%
GPC	D	0.45%
DHR	F	0.45%
ESNT	D	0.45%
HUN	F	0.44%
MAN	D	0.44%
DOW	F	0.44%
PFE	D	0.44%
INSW	F	0.44%
PII	D	0.43%
ELV	F	0.43%
CVI	F	0.42%
CRI	D	0.41%
HII	D	0.39%
NEM	D	0.38%
SCCO	F	0.0%

PAPI Underweight 133 Positions Relative to FCTR

Symbol	Grade	Weight
APP	B	-3.4%
PLTR	B	-2.35%
MSI	B	-1.75%
VST	B	-1.72%
MSTR	C	-1.55%
FICO	B	-1.54%
AXON	A	-1.42%
MA	C	-1.41%
BR	A	-1.39%
V	A	-1.36%
ANET	C	-1.29%
CTAS	B	-1.08%
TDG	D	-1.04%
APO	B	-1.04%
ARES	A	-1.03%
LDOS	C	-0.99%
CL	D	-0.98%
BRO	B	-0.97%
YUM	B	-0.96%
VRSK	A	-0.94%
ROL	B	-0.93%
FDS	B	-0.92%
ISRG	A	-0.91%
FI	A	-0.91%
THC	D	-0.88%
VRSN	F	-0.88%
ITW	B	-0.86%
ACGL	D	-0.84%
HOOD	B	-0.84%
TT	A	-0.82%
SYY	B	-0.81%
LLY	F	-0.79%
ICE	C	-0.78%
NVDA	C	-0.78%
EME	C	-0.77%
HWM	A	-0.76%
TPL	A	-0.73%
MANH	D	-0.73%
TRGP	B	-0.7%
KKR	A	-0.68%
CRWD	B	-0.66%
MCD	D	-0.66%
AAPL	C	-0.65%
PH	A	-0.63%
TTD	B	-0.62%
VICI	C	-0.61%
IRM	D	-0.6%
RCL	A	-0.57%
HUBS	A	-0.56%
NET	B	-0.55%
MMC	B	-0.55%
ZS	C	-0.55%
NI	A	-0.54%
SBAC	D	-0.54%
TOL	B	-0.53%
CDNS	B	-0.53%
RBLX	C	-0.52%
NOW	A	-0.52%
PANW	C	-0.51%
DDOG	A	-0.51%
ORCL	B	-0.51%
PGR	A	-0.5%
TTWO	A	-0.5%
ETR	B	-0.5%
LNG	B	-0.5%
MSCI	C	-0.5%
SNOW	C	-0.49%
ROST	C	-0.48%
LMT	D	-0.48%
DASH	A	-0.48%
ALNY	D	-0.47%
AVGO	D	-0.47%
BSX	B	-0.47%
META	D	-0.47%
SPGI	C	-0.47%
DPZ	C	-0.46%
CMS	C	-0.46%
SNPS	B	-0.45%
ORLY	B	-0.45%
NOC	D	-0.44%
NFLX	A	-0.44%
ERIE	D	-0.44%
AVB	B	-0.43%
URI	B	-0.43%
EIX	B	-0.42%
ADSK	A	-0.42%
PHM	D	-0.42%
O	D	-0.41%
MDB	C	-0.41%
GLPI	C	-0.41%
BSY	D	-0.4%
EQR	B	-0.4%
MCO	B	-0.4%
DTE	C	-0.4%
INTU	C	-0.4%
VRTX	F	-0.4%
ADBE	C	-0.39%
LW	C	-0.39%
EXC	C	-0.39%
DXCM	D	-0.39%
CARR	D	-0.38%
LII	A	-0.37%
AWK	D	-0.37%
GIS	D	-0.36%
MPWR	F	-0.36%
NVR	D	-0.36%
PWR	A	-0.36%
CSL	C	-0.35%
BX	A	-0.35%
HCA	F	-0.35%
DHI	D	-0.34%
RIVN	F	-0.34%
KLAC	D	-0.34%
AMT	D	-0.33%
PSA	D	-0.33%
IDXX	F	-0.32%
BKNG	A	-0.3%
ETN	A	-0.3%
FCNCA	A	-0.3%
GWW	B	-0.29%
CPAY	A	-0.26%
HON	B	-0.25%
CB	C	-0.24%
RSG	A	-0.24%
BRK.A	B	-0.24%
AME	A	-0.23%
WM	A	-0.23%
CMG	B	-0.22%
MDLZ	F	-0.2%
MNST	C	-0.2%
PCAR	B	-0.2%
HSY	F	-0.19%
LECO	B	-0.18%