QVAL vs. RNDV ETF Comparison

Comparison of ValueShares U.S. Quantitative Value ETF (QVAL) to First Trust US Equity Dividend Select ETF (RNDV)

QVAL

ValueShares U.S. Quantitative Value ETF

QVAL Description

The investment seeks long-term capital appreciation. The fund is an actively managed ETF. Under normal circumstances, it seeks to achieve its investment objective by investing primarily in U.S. equity securities that the Adviser believes, based on quantitative analysis, are undervalued at the time of purchase and have the potential for capital appreciation. The fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in securities of U.S. companies. It will invest primarily in the exchange-listed common stock of U.S. companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$43.16

Average Daily Volume

23,579

Number of Holdings ^*

* may have additional holdings in another (foreign) market

RNDV

First Trust US Equity Dividend Select ETF

RNDV Description

The US Equity Dividend Select ETF (the "Fund") seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the Nasdaq Riskalyze US Equity Dividend Select 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 Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund's investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. The Index is owned and is developed, maintained and sponsored by Riskalyze, Inc. (the "Index Provider").

Grade (RS Rating)

Last Trade

$30.54

Average Daily Volume

8,943

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QVAL	RNDV
30 Days	-3.68%	-2.33%
60 Days	3.00%	-0.31%
90 Days	6.31%	2.76%
12 Months	39.09%	14.70%

6 Overlapping Holdings

Symbol	Grade	Weight in QVAL	Weight in RNDV	Overlap
BBY	D	1.96%	1.68%	1.68%
CMCSA	F	2.02%	1.26%	1.26%
HPQ	D	1.99%	3.47%	1.99%
IPG	F	2.01%	1.91%	1.91%
OMC	B	2.01%	1.8%	1.8%
SNA	D	2.01%	0.49%	0.49%

QVAL Overweight 43 Positions Relative to RNDV

Symbol	Grade	Weight
UTHR	A	2.2%
THC	A	2.13%
KBH	B	2.03%
BG	C	2.02%
TEX	D	2.02%
T	C	2.02%
MO	A	2.02%
UHS	C	2.02%
TOL	C	2.01%
CRI	F	2.01%
MTCH	D	2.01%
CSCO	F	2.01%
ELV	B	2.01%
INSW	A	2.01%
GPK	C	2.01%
PVH	D	2.01%
ULTA	F	2.01%
ALSN	D	2.01%
MOH	F	2.01%
TMHC	C	2.0%
UFPI	C	2.0%
OC	A	2.0%
AMR	D	1.99%
ATKR	B	1.99%
AGCO	F	1.98%
ARW	B	1.98%
ANF	C	1.98%
LEA	F	1.98%
DINO	F	1.98%
ARCH	D	1.97%
CROX	D	1.97%
SIG	C	1.95%
JBL	F	1.95%
PBF	C	1.95%
VLO	C	1.95%
SM	B	1.94%
CRC	F	1.94%
CEIX	F	1.94%
WFRD	B	1.93%
APA	F	1.93%
HAL	F	1.93%
LBRT	B	1.89%
CVI	F	1.88%

QVAL Underweight 92 Positions Relative to RNDV

Symbol	Grade	Weight
IBM	D	-4.27%
GLW	B	-3.8%
VZ	D	-3.49%
HPE	D	-3.28%
TXN	A	-3.12%
HAS	B	-2.61%
QCOM	A	-2.34%
MCHP	A	-1.94%
BMY	F	-1.73%
ADI	A	-1.71%
TEL	C	-1.63%
ABBV	D	-1.55%
PRU	C	-1.51%
TROW	D	-1.34%
OKE	C	-1.29%
ACN	F	-1.24%
MDT	C	-1.21%
CVS	F	-1.17%
BEN	F	-1.15%
MRK	B	-1.15%
MTB	A	-1.15%
PM	A	-1.14%
GPC	B	-1.1%
JNJ	F	-1.08%
NTRS	C	-1.08%
MMM	A	-1.08%
KLAC	B	-1.02%
APH	A	-1.02%
PFG	C	-1.02%
CAG	B	-0.99%
MET	D	-0.96%
XOM	B	-0.93%
CVX	B	-0.92%
GRMN	A	-0.91%
CINF	D	-0.9%
KMB	A	-0.86%
DGX	A	-0.84%
K	B	-0.83%
HD	D	-0.82%
MSFT	C	-0.81%
TSN	A	-0.8%
HRL	B	-0.78%
UPS	F	-0.77%
GIS	B	-0.77%
LOW	D	-0.76%
CAH	F	-0.75%
MCD	F	-0.73%
ABT	D	-0.73%
EOG	B	-0.73%
CTRA	A	-0.72%
CI	C	-0.72%
BLK	D	-0.7%
AFL	B	-0.7%
CMI	C	-0.69%
KVUE	D	-0.66%
CME	D	-0.64%
SWK	F	-0.64%
TRV	C	-0.62%
PAYX	D	-0.6%
BDX	F	-0.59%
LMT	B	-0.59%
AMCR	A	-0.58%
EG	D	-0.56%
O	B	-0.54%
UNH	C	-0.51%
ADP	D	-0.5%
EMR	D	-0.5%
CHRW	C	-0.47%
EMN	A	-0.47%
NSC	D	-0.46%
PNW	B	-0.46%
NKE	F	-0.45%
EVRG	B	-0.45%
LHX	A	-0.44%
FRT	B	-0.44%
MAA	B	-0.43%
FMC	D	-0.43%
ES	B	-0.43%
ITW	F	-0.42%
AEP	A	-0.42%
ETR	A	-0.42%
FAST	D	-0.42%
EIX	A	-0.41%
ESS	A	-0.4%
UNP	C	-0.4%
POOL	F	-0.39%
AVB	A	-0.39%
LEN	C	-0.38%
DLR	B	-0.38%
RHI	F	-0.38%
APD	C	-0.27%
CF	F	-0.26%