RNSC vs. QVAL ETF Comparison

Comparison of First Trust Small Cap US Equity Select ETF (RNSC) to ValueShares U.S. Quantitative Value ETF (QVAL)

RNSC

First Trust Small Cap US Equity Select ETF

RNSC Description

The Small Cap US Equity 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 Small Cap US Equity 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

$26.85

Average Daily Volume

3,317

Number of Holdings ^*

294

* may have additional holdings in another (foreign) market

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

$42.42

Average Daily Volume

24,919

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RNSC	QVAL
30 Days	-3.57%	-2.03%
60 Days	-5.17%	3.80%
90 Days	-3.19%	7.01%
12 Months	3.13%	27.84%

6 Overlapping Holdings

Symbol	Grade	Weight in RNSC	Weight in QVAL	Overlap
AMR	C	0.34%	1.97%	0.34%
ARCH	C	0.34%	1.95%	0.34%
CEIX	B	0.29%	1.88%	0.29%
CRI	D	0.38%	1.85%	0.38%
INSW	B	0.4%	1.97%	0.4%
LBRT	A	0.44%	2.14%	0.44%

RNSC Overweight 288 Positions Relative to QVAL

Symbol	Grade	Weight
LMAT	C	3.74%
USPH	D	3.63%
PINC	F	3.06%
PDCO	F	2.93%
EMBC	F	1.88%
CTS	B	1.31%
ATEN	D	1.27%
YOU	D	1.19%
CNXN	C	1.18%
PRGS	F	1.16%
XRX	D	1.15%
CSGS	D	1.11%
SSTK	F	1.08%
IDCC	D	0.79%
CCOI	D	0.75%
MEI	F	0.68%
AESI	A	0.48%
AROC	A	0.47%
PRIM	A	0.47%
LEVI	A	0.46%
AZZ	A	0.46%
GES	A	0.46%
RRR	B	0.45%
TNC	A	0.44%
TNL	B	0.44%
ARCB	B	0.43%
DK	A	0.43%
USLM	A	0.43%
AEO	C	0.42%
GBX	A	0.41%
AWI	C	0.41%
HEES	B	0.41%
STRA	C	0.41%
OXM	B	0.41%
WIRE	A	0.41%
KNTK	A	0.41%
MCRI	C	0.4%
ASTE	A	0.4%
GHC	B	0.4%
NOG	A	0.4%
WHD	A	0.4%
EPAC	A	0.39%
NSSC	C	0.39%
CSWI	A	0.39%
MNRO	F	0.39%
DNUT	A	0.38%
HPK	D	0.38%
GFF	C	0.38%
HNI	C	0.38%
RES	A	0.38%
PTEN	D	0.38%
SCHL	D	0.37%
CAKE	C	0.37%
HCC	A	0.37%
PATK	D	0.37%
ICFI	C	0.37%
CMCO	C	0.37%
SXI	C	0.37%
GVA	A	0.37%
MLKN	D	0.37%
CACC	C	0.37%
MOG.A	B	0.37%
B	B	0.37%
CLB	B	0.36%
WNC	D	0.36%
LZB	D	0.36%
KFY	C	0.36%
MWA	B	0.36%
PTVE	A	0.36%
KAI	D	0.36%
BLMN	C	0.36%
NPO	B	0.35%
MATX	C	0.35%
CCS	D	0.35%
TRN	A	0.35%
SHOO	C	0.35%
HLIO	B	0.35%
ALG	B	0.35%
LCII	F	0.34%
BTU	C	0.34%
SAH	D	0.34%
BCO	A	0.34%
WGO	D	0.34%
CWH	F	0.34%
BRC	B	0.34%
MGRC	C	0.33%
KFRC	D	0.33%
KTB	C	0.33%
ABM	A	0.33%
OTTR	D	0.33%
KMT	D	0.32%
WINA	C	0.32%
DAN	F	0.32%
PZZA	F	0.31%
KSS	D	0.31%
EVTC	D	0.31%
AIN	D	0.31%
WERN	F	0.3%
UNF	F	0.3%
ESE	D	0.3%
BKE	D	0.3%
LNN	D	0.3%
CBRL	F	0.29%
ALGT	F	0.29%
SNDR	F	0.29%
MRTN	F	0.28%
MCY	A	0.28%
JACK	F	0.28%
FL	F	0.28%
MATW	F	0.28%
HTLD	F	0.26%
VCTR	A	0.26%
JXN	A	0.26%
STEP	A	0.24%
GBDC	A	0.23%
PIPR	B	0.23%
KMPR	C	0.23%
CODI	B	0.22%
NNI	A	0.22%
FHI	B	0.22%
RILY	C	0.22%
BGC	B	0.22%
APAM	B	0.21%
HLNE	B	0.21%
FBP	C	0.21%
STC	C	0.21%
TPG	C	0.21%
MGEE	A	0.21%
HMN	C	0.21%
VRTS	D	0.2%
CNS	C	0.2%
NWE	B	0.2%
ALE	A	0.2%
ASB	C	0.2%
UTZ	C	0.2%
NIC	C	0.2%
UMBF	C	0.2%
AGM	C	0.2%
PK	B	0.2%
IBOC	B	0.2%
OUT	B	0.2%
VIRT	A	0.2%
SLG	B	0.2%
SPB	C	0.19%
SFBS	C	0.19%
FULT	C	0.19%
DBRG	D	0.19%
HTLF	B	0.19%
ANDE	A	0.19%
PMT	C	0.19%
SFNC	C	0.19%
MBIN	D	0.19%
FHB	C	0.19%
ARI	B	0.19%
LADR	D	0.19%
NWN	F	0.19%
OFG	C	0.19%
CASH	D	0.19%
WSFS	C	0.19%
KALU	A	0.19%
HIW	B	0.19%
SR	B	0.19%
PJT	C	0.19%
PRK	C	0.19%
XHR	B	0.19%
TRMK	C	0.19%
CALM	A	0.19%
CPK	D	0.19%
MC	C	0.19%
AVA	A	0.19%
RLJ	C	0.18%
SYBT	D	0.18%
FDP	A	0.18%
DRH	C	0.18%
NWBI	D	0.18%
CWT	F	0.18%
WMK	D	0.18%
SITC	C	0.18%
SLVM	B	0.18%
SHO	C	0.18%
FBK	C	0.18%
WSBC	C	0.18%
EPC	D	0.18%
SRCE	C	0.18%
STBA	D	0.18%
HOPE	C	0.18%
FBNC	D	0.18%
AUB	C	0.18%
TOWN	C	0.18%
FFBC	D	0.18%
EBC	D	0.18%
NAVI	D	0.18%
BUSE	C	0.18%
FRME	C	0.18%
LKFN	D	0.18%
MAC	C	0.18%
NBHC	D	0.18%
CHCO	C	0.18%
CNO	C	0.18%
NHI	A	0.18%
WDFC	D	0.18%
CTRE	A	0.18%
CVBF	D	0.17%
BOH	D	0.17%
NBTB	D	0.17%
IVT	C	0.17%
CRS	A	0.17%
SJW	F	0.17%
FIBK	D	0.17%
ABR	D	0.17%
NTST	D	0.17%
HASI	B	0.17%
WAFD	D	0.17%
SBRA	C	0.17%
FCF	D	0.17%
BANR	D	0.17%
RC	D	0.17%
CIM	F	0.17%
WD	D	0.17%
SKT	C	0.17%
ESRT	C	0.17%
CBU	D	0.17%
WABC	D	0.17%
VBTX	D	0.17%
PEB	D	0.17%
IIPR	B	0.17%
HTH	D	0.17%
LOB	D	0.17%
UNIT	D	0.17%
TR	F	0.17%
LTC	B	0.17%
AWR	F	0.17%
UCBI	D	0.17%
OCFC	D	0.17%
RNST	D	0.17%
BANF	D	0.17%
ABCB	D	0.17%
AKR	A	0.17%
CWEN	B	0.17%
EFSC	D	0.17%
SXT	A	0.16%
IMKTA	F	0.16%
JBGS	D	0.16%
NSA	B	0.16%
GTY	D	0.16%
PGRE	D	0.16%
ENR	F	0.16%
LXP	D	0.16%
CATY	D	0.16%
VGR	D	0.16%
BKU	D	0.16%
SBCF	D	0.16%
FCPT	D	0.16%
DEI	B	0.16%
AAT	C	0.16%
IBTX	D	0.16%
MTRN	D	0.15%
EPR	D	0.15%
DEA	D	0.15%
ALEX	F	0.15%
FWRD	F	0.15%
MSEX	F	0.15%
JJSF	F	0.15%
BNL	D	0.15%
INDB	D	0.15%
IOSP	C	0.15%
MTX	C	0.15%
ROIC	D	0.15%
PPBI	D	0.15%
PFS	D	0.15%
UE	D	0.15%
TCBK	D	0.15%
ASIX	D	0.14%
RYI	D	0.14%
MGPI	F	0.14%
MMI	D	0.13%
TTEC	F	0.13%
CMTG	F	0.13%
UVV	B	0.13%
SVC	F	0.13%
OEC	A	0.13%
SCL	D	0.13%
NUS	F	0.12%
EAF	D	0.12%
KW	D	0.12%
GNL	F	0.12%
CMP	F	0.09%
MED	F	0.09%

RNSC Underweight 43 Positions Relative to QVAL

Symbol	Grade	Weight
SNX	A	-2.19%
SIG	C	-2.18%
PSX	B	-2.13%
BG	A	-2.12%
VLO	A	-2.12%
HAL	A	-2.09%
TEX	A	-2.08%
SM	A	-2.07%
WFRD	A	-2.07%
ALSN	A	-2.06%
CRC	B	-2.05%
DAL	A	-2.05%
OC	A	-2.04%
APA	B	-2.02%
AGCO	B	-2.02%
T	C	-2.01%
ARW	B	-2.01%
CVI	B	-2.0%
MUSA	A	-1.99%
TPH	B	-1.99%
GPK	A	-1.98%
ELV	A	-1.98%
UFPI	C	-1.98%
SNA	C	-1.98%
OMC	A	-1.97%
THC	B	-1.97%
CCK	B	-1.96%
BBY	B	-1.96%
TOL	B	-1.95%
CTSH	D	-1.95%
PHM	B	-1.95%
HPQ	D	-1.94%
LEA	D	-1.94%
DHI	C	-1.93%
IPG	D	-1.93%
UTHR	A	-1.93%
SKX	C	-1.92%
TMHC	C	-1.92%
MO	A	-1.92%
CSCO	D	-1.92%
CMCSA	D	-1.9%
CROX	B	-1.85%
MOH	C	-1.83%