ROE vs. FCFY ETF Comparison

Comparison of Astoria US Quality Kings ETF (ROE) to First Trust S&P 500 Diversified Free Cash Flow ETF (FCFY)

ROE

Astoria US Quality Kings ETF

ROE Description

The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in common stock principally traded in the U.S. The fund seeks to invest in companies that exhibit robust quality characteristics across sectors, with attractive valuations and dividend paying potential, as determined by the fund"s sub-adviser.

Grade (RS Rating)

Last Trade

$31.78

Average Daily Volume

13,670

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FCFY

First Trust S&P 500 Diversified Free Cash Flow ETF

FCFY Description

Under normal conditions, the fund will invest at least 80% of its net assets in the securities that comprise the index. The index measures the performance of companies within the S&P 500® Index that have the highest relative FCF Yield within each GICS® sector represented in the S&P 500® Index. It is non-diversified.

Grade (RS Rating)

Last Trade

$25.29

Average Daily Volume

283

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	ROE	FCFY
30 Days	3.50%	4.64%
60 Days	4.18%	4.14%
90 Days	4.70%	5.21%
12 Months	32.06%	26.14%

25 Overlapping Holdings

Symbol	Grade	Weight in ROE	Weight in FCFY	Overlap
CAH	B	1.06%	1.67%	1.06%
CAT	B	0.98%	0.47%	0.47%
CE	F	0.54%	0.16%	0.16%
COR	B	1.05%	1.24%	1.05%
CSCO	B	1.07%	1.66%	1.07%
DVN	F	0.92%	0.6%	0.6%
EG	C	0.95%	0.79%	0.79%
GEN	B	1.06%	3.05%	1.06%
IBM	C	0.93%	1.48%	0.93%
JBL	B	1.01%	2.29%	1.01%
JNJ	D	0.94%	0.65%	0.65%
KMB	D	0.95%	0.54%	0.54%
LMT	D	0.9%	0.43%	0.43%
MCK	B	1.25%	0.8%	0.8%
MO	A	1.08%	0.97%	0.97%
NRG	B	1.03%	1.5%	1.03%
NTAP	C	0.96%	1.81%	0.96%
QCOM	F	0.96%	2.17%	0.96%
SPG	B	1.05%	0.4%	0.4%
SWKS	F	0.83%	2.9%	0.83%
SYF	B	1.27%	2.36%	1.27%
TGT	F	0.98%	0.67%	0.67%
VICI	C	0.94%	0.32%	0.32%
VLO	C	1.0%	0.91%	0.91%
VST	B	1.27%	0.49%	0.49%

ROE Overweight 74 Positions Relative to FCFY

Symbol	Grade	Weight
APP	B	2.26%
APO	B	1.28%
LYV	A	1.21%
AMP	A	1.2%
CHTR	C	1.17%
NFLX	A	1.16%
TMUS	B	1.15%
EME	C	1.14%
NVDA	C	1.14%
ETR	B	1.13%
V	A	1.11%
GWW	B	1.11%
PANW	C	1.1%
ORCL	B	1.1%
MSI	B	1.08%
RPM	A	1.08%
TRV	B	1.08%
PM	B	1.07%
TROW	B	1.07%
WRB	A	1.05%
EOG	A	1.05%
GOOGL	C	1.05%
APH	A	1.04%
ALL	A	1.03%
URI	B	1.03%
DPZ	C	1.02%
HD	A	1.02%
ACN	C	1.02%
CMCSA	B	1.02%
DOV	A	1.02%
ITW	B	1.02%
AFL	B	1.01%
LOW	D	1.01%
TJX	A	1.0%
PGR	A	0.99%
TXN	C	0.99%
CTSH	B	0.99%
HIG	B	0.99%
YUM	B	0.98%
CSL	C	0.98%
AAPL	C	0.98%
SYY	B	0.98%
META	D	0.97%
CB	C	0.97%
MSFT	F	0.95%
RMD	C	0.95%
OMC	C	0.94%
ANET	C	0.94%
ON	D	0.93%
ADBE	C	0.93%
VZ	C	0.93%
NXPI	D	0.92%
EBAY	D	0.92%
SBAC	D	0.91%
THC	D	0.91%
ROST	C	0.91%
CL	D	0.9%
ZTS	D	0.89%
GEHC	F	0.88%
PHM	D	0.88%
WSM	B	0.86%
A	D	0.86%
AMAT	F	0.85%
ABBV	D	0.84%
LRCX	F	0.83%
MCHP	D	0.83%
DHI	D	0.82%
MRK	F	0.82%
KLAC	D	0.79%
LLY	F	0.78%
CDW	F	0.78%
TER	D	0.78%
FSLR	F	0.77%
MPWR	F	0.64%

ROE Underweight 76 Positions Relative to FCFY

Symbol	Grade	Weight
WBD	C	-3.92%
HPQ	B	-2.91%
HPE	B	-2.73%
EPAM	C	-2.35%
FFIV	B	-2.1%
T	A	-1.89%
EXPE	B	-1.77%
MTCH	D	-1.65%
TPR	B	-1.64%
COF	B	-1.62%
IPG	D	-1.56%
QRVO	F	-1.55%
AKAM	D	-1.34%
LEN	D	-1.29%
BMY	B	-1.19%
DFS	B	-1.15%
SOLV	C	-1.07%
RL	B	-1.04%
FIS	C	-1.02%
SNA	A	-1.01%
NTRS	A	-0.97%
VTRS	A	-0.95%
TAP	C	-0.94%
MET	A	-0.91%
ADM	D	-0.88%
WFC	A	-0.86%
ABNB	C	-0.84%
PRU	A	-0.83%
CI	F	-0.81%
BWA	D	-0.77%
GILD	C	-0.76%
IVZ	B	-0.75%
TFC	A	-0.73%
HOLX	D	-0.72%
BBY	D	-0.72%
CFG	B	-0.72%
HAS	D	-0.71%
MPC	D	-0.69%
BG	F	-0.67%
MHK	D	-0.65%
DVA	B	-0.64%
CNC	D	-0.64%
CAG	D	-0.62%
MRO	B	-0.6%
PCAR	B	-0.59%
BLDR	D	-0.59%
MMM	D	-0.58%
HBAN	A	-0.58%
NUE	C	-0.58%
APTV	D	-0.57%
LDOS	C	-0.53%
GNRC	B	-0.53%
BEN	C	-0.53%
J	F	-0.52%
BIIB	F	-0.51%
AME	A	-0.5%
MAS	D	-0.49%
WAB	B	-0.49%
HAL	C	-0.48%
GIS	D	-0.48%
FTV	C	-0.45%
EXPD	D	-0.44%
TXT	D	-0.43%
ACGL	D	-0.43%
SW	A	-0.39%
SWK	D	-0.39%
NEE	D	-0.38%
LYB	F	-0.38%
BXP	D	-0.36%
HST	C	-0.35%
ARE	D	-0.34%
STLD	B	-0.3%
WEC	A	-0.28%
PPG	F	-0.26%
O	D	-0.25%
DOC	D	-0.24%