ROE vs. FCTR ETF Comparison

Comparison of Astoria US Quality Kings ETF (ROE) to First Trust Lunt U.S. Factor Rotation ETF (FCTR)

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

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 ^*

166

* may have additional holdings in another (foreign) market

Performance

Period	ROE	FCTR
30 Days	3.50%	9.38%
60 Days	4.18%	12.16%
90 Days	4.70%	17.79%
12 Months	32.06%	36.88%

40 Overlapping Holdings

Symbol	Grade	Weight in ROE	Weight in FCTR	Overlap
AAPL	C	0.98%	0.66%	0.66%
ADBE	C	0.93%	0.37%	0.37%
AFL	B	1.01%	0.4%	0.4%
ANET	C	0.94%	1.24%	0.94%
APO	B	1.28%	1.03%	1.03%
APP	B	2.26%	3.82%	2.26%
CB	C	0.97%	0.23%	0.23%
CL	D	0.9%	1.01%	0.9%
CSCO	B	1.07%	0.25%	0.25%
CSL	C	0.98%	0.33%	0.33%
DHI	D	0.82%	0.34%	0.34%
DPZ	C	1.02%	0.45%	0.45%
EME	C	1.14%	0.77%	0.77%
ETR	B	1.13%	0.5%	0.5%
GWW	B	1.11%	0.28%	0.28%
ITW	B	1.02%	0.84%	0.84%
KLAC	D	0.79%	0.32%	0.32%
KMB	D	0.95%	0.39%	0.39%
LLY	F	0.78%	0.72%	0.72%
LMT	D	0.9%	0.45%	0.45%
META	D	0.97%	0.45%	0.45%
MPWR	F	0.64%	0.31%	0.31%
MSFT	F	0.95%	0.36%	0.36%
MSI	B	1.08%	1.73%	1.08%
NFLX	A	1.16%	0.47%	0.47%
NVDA	C	1.14%	0.77%	0.77%
ORCL	B	1.1%	0.51%	0.51%
PANW	C	1.1%	0.5%	0.5%
PGR	A	0.99%	0.48%	0.48%
PHM	D	0.88%	0.42%	0.42%
ROST	C	0.91%	0.47%	0.47%
SBAC	D	0.91%	0.53%	0.53%
SYY	B	0.98%	0.77%	0.77%
THC	D	0.91%	0.81%	0.81%
TJX	A	1.0%	0.6%	0.6%
URI	B	1.03%	0.41%	0.41%
V	A	1.11%	1.34%	1.11%
VICI	C	0.94%	0.63%	0.63%
VST	B	1.27%	1.86%	1.27%
YUM	B	0.98%	0.95%	0.95%

ROE Overweight 59 Positions Relative to FCTR

Symbol	Grade	Weight
SYF	B	1.27%
MCK	B	1.25%
LYV	A	1.21%
AMP	A	1.2%
CHTR	C	1.17%
TMUS	B	1.15%
MO	A	1.08%
RPM	A	1.08%
TRV	B	1.08%
PM	B	1.07%
TROW	B	1.07%
CAH	B	1.06%
GEN	B	1.06%
SPG	B	1.05%
WRB	A	1.05%
EOG	A	1.05%
GOOGL	C	1.05%
COR	B	1.05%
APH	A	1.04%
ALL	A	1.03%
NRG	B	1.03%
HD	A	1.02%
ACN	C	1.02%
CMCSA	B	1.02%
DOV	A	1.02%
JBL	B	1.01%
LOW	D	1.01%
VLO	C	1.0%
TXN	C	0.99%
CTSH	B	0.99%
HIG	B	0.99%
TGT	F	0.98%
CAT	B	0.98%
QCOM	F	0.96%
NTAP	C	0.96%
RMD	C	0.95%
EG	C	0.95%
JNJ	D	0.94%
OMC	C	0.94%
IBM	C	0.93%
ON	D	0.93%
VZ	C	0.93%
NXPI	D	0.92%
EBAY	D	0.92%
DVN	F	0.92%
ZTS	D	0.89%
GEHC	F	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%
SWKS	F	0.83%
MRK	F	0.82%
CDW	F	0.78%
TER	D	0.78%
FSLR	F	0.77%
CE	F	0.54%

ROE Underweight 126 Positions Relative to FCTR

Symbol	Grade	Weight
PLTR	B	-2.43%
MSTR	C	-2.06%
FICO	B	-1.51%
AXON	A	-1.45%
PAYX	C	-1.42%
BR	A	-1.37%
SYK	C	-1.36%
MA	C	-1.36%
ADP	B	-1.1%
CTAS	B	-1.05%
ARES	A	-1.04%
TDG	D	-0.99%
BRO	B	-0.94%
VRSK	A	-0.93%
HOOD	B	-0.92%
FI	A	-0.92%
ISRG	A	-0.91%
FDS	B	-0.9%
ROL	B	-0.9%
VRSN	F	-0.87%
TT	A	-0.82%
ACGL	D	-0.8%
LDOS	C	-0.8%
HWM	A	-0.79%
ICE	C	-0.77%
TPL	A	-0.75%
TRGP	B	-0.73%
MANH	D	-0.7%
CRWD	B	-0.68%
KKR	A	-0.68%
MCD	D	-0.65%
PH	A	-0.62%
IRM	D	-0.61%
TTD	B	-0.59%
NET	B	-0.58%
DDOG	A	-0.56%
RCL	A	-0.56%
HUBS	A	-0.55%
NI	A	-0.55%
CDNS	B	-0.54%
MMC	B	-0.54%
ZS	C	-0.53%
LNG	B	-0.52%
KO	D	-0.52%
FAST	B	-0.52%
PG	A	-0.52%
TOL	B	-0.52%
NOW	A	-0.51%
SNOW	C	-0.51%
TTWO	A	-0.51%
PPL	B	-0.51%
FE	C	-0.5%
SRE	A	-0.5%
MSCI	C	-0.49%
DRI	B	-0.49%
RBLX	C	-0.49%
LNT	A	-0.49%
DUK	C	-0.49%
WEC	A	-0.48%
DASH	A	-0.47%
SPGI	C	-0.47%
BSX	B	-0.47%
CMS	C	-0.46%
ERIE	D	-0.45%
BLK	C	-0.45%
AEE	A	-0.45%
SO	D	-0.44%
SNPS	B	-0.44%
AVB	B	-0.43%
ED	D	-0.43%
ALNY	D	-0.43%
AVGO	D	-0.43%
ORLY	B	-0.43%
EIX	B	-0.43%
ADSK	A	-0.42%
ROP	B	-0.42%
KDP	D	-0.42%
GLPI	C	-0.42%
AEP	D	-0.41%
PPG	F	-0.41%
O	D	-0.41%
MDB	C	-0.4%
EXC	C	-0.4%
DXCM	D	-0.4%
EQR	B	-0.4%
NOC	D	-0.4%
DTE	C	-0.4%
MDT	D	-0.39%
BDX	F	-0.39%
MCO	B	-0.39%
CARR	D	-0.38%
AWK	D	-0.38%
LW	C	-0.37%
VRTX	F	-0.37%
PWR	A	-0.37%
INTU	C	-0.37%
LII	A	-0.37%
BSY	D	-0.37%
NVR	D	-0.36%
BX	A	-0.36%
OKE	A	-0.36%
GIS	D	-0.35%
PSA	D	-0.34%
AMT	D	-0.34%
COST	B	-0.34%
HCA	F	-0.33%
RIVN	F	-0.32%
IDXX	F	-0.31%
FCNCA	A	-0.31%
ETN	A	-0.3%
BKNG	A	-0.29%
ATO	A	-0.27%
CPAY	A	-0.26%
RSG	A	-0.24%
HON	B	-0.24%
BRK.A	B	-0.24%
CHD	B	-0.23%
CMG	B	-0.22%
WM	A	-0.22%
AME	A	-0.22%
PEP	F	-0.2%
HSY	F	-0.19%
PCAR	B	-0.19%
MDLZ	F	-0.19%
MNST	C	-0.19%
LECO	B	-0.17%