RNDV vs. FPAG ETF Comparison

Comparison of First Trust US Equity Dividend Select ETF (RNDV) to FPA Global Equity ETF (FPAG)

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

$31.21

Average Daily Volume

9,717

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FPAG

FPA Global Equity ETF

FPAG Description

Although the adviser has adopted a policy to invest at least 80% of its assets in equity securities, the adviser expects to invest, under normal circumstances, at least 95% of the fund?s assets in equity securities. The fund invests primarily in publicly traded common stocks of mid- and large-cap U.S. and non-U.S. companies, including companies in emerging market countries. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$29.27

Average Daily Volume

18,659

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RNDV	FPAG
30 Days	1.30%	3.14%
60 Days	0.18%	5.63%
90 Days	5.60%	7.53%
12 Months	17.25%	28.90%

3 Overlapping Holdings

Symbol	Grade	Weight in RNDV	Weight in FPAG	Overlap
ADI	A	2.06%	5.13%	2.06%
CMCSA	D	1.51%	4.78%	1.51%
TEL	C	1.87%	4.58%	1.87%

RNDV Overweight 95 Positions Relative to FPAG

Symbol	Grade	Weight
HPQ	C	3.93%
GLW	B	3.86%
VZ	D	3.46%
TXN	A	3.39%
IBM	D	3.36%
HPE	D	3.08%
QCOM	B	2.25%
HAS	B	2.22%
IPG	D	2.22%
MCHP	B	2.22%
BBY	D	1.88%
BMY	F	1.63%
OMC	B	1.58%
ACN	D	1.51%
PRU	A	1.49%
TROW	D	1.37%
BEN	F	1.36%
ABBV	D	1.33%
MDT	D	1.3%
JNJ	F	1.24%
MTB	A	1.21%
MMM	B	1.18%
NTRS	C	1.14%
CVS	F	1.11%
PM	A	1.07%
PFG	C	1.07%
GPC	B	1.05%
OKE	B	1.03%
HD	D	0.99%
GRMN	A	0.99%
MCD	F	0.99%
MRK	B	0.97%
DGX	B	0.93%
MET	C	0.93%
KLAC	A	0.93%
CVX	B	0.89%
CAG	B	0.88%
APH	A	0.86%
UPS	D	0.86%
CINF	D	0.85%
BLK	D	0.82%
AMCR	A	0.79%
AFL	A	0.79%
K	B	0.78%
ABT	F	0.78%
MSFT	C	0.74%
CHRW	C	0.73%
CAH	F	0.73%
LOW	D	0.72%
KMB	B	0.71%
KVUE	C	0.69%
CME	C	0.69%
XOM	B	0.68%
NKE	D	0.66%
BDX	F	0.65%
TSN	B	0.63%
CTRA	B	0.63%
UNH	C	0.63%
GIS	C	0.63%
HRL	B	0.62%
SWK	F	0.62%
CI	D	0.62%
EOG	B	0.61%
EG	C	0.6%
TRV	D	0.59%
LMT	A	0.56%
PAYX	D	0.56%
O	B	0.53%
RHI	D	0.52%
FMC	B	0.51%
SNA	D	0.49%
LEN	D	0.49%
POOL	F	0.45%
CMI	B	0.44%
EMN	A	0.44%
ADP	D	0.44%
LHX	A	0.44%
APD	C	0.42%
UNP	C	0.42%
FAST	D	0.41%
MAA	B	0.41%
ITW	D	0.4%
NSC	D	0.4%
EVRG	B	0.4%
PNW	B	0.39%
FRT	B	0.39%
ES	B	0.39%
EIX	A	0.37%
ESS	A	0.37%
EMR	C	0.36%
ETR	A	0.35%
AVB	A	0.34%
AEP	A	0.34%
DLR	D	0.31%
CF	F	0.31%

RNDV Underweight 22 Positions Relative to FPAG

Symbol	Grade	Weight
GOOGL	B	-6.38%
META	D	-5.35%
C	A	-4.88%
GOOG	B	-4.17%
IFF	A	-3.84%
WFC	A	-3.66%
AMZN	A	-3.39%
AON	F	-2.69%
AVGO	C	-2.26%
NXPI	A	-2.21%
KMX	D	-1.85%
CHTR	F	-1.75%
KMI	A	-1.72%
MAR	D	-1.69%
FE	A	-1.49%
HWM	A	-1.29%
ICLR	D	-1.26%
WAB	A	-1.23%
UBER	D	-1.16%
NFLX	C	-0.66%
BABA	C	-0.29%
PCG	B	-0.21%