SMIG vs. DDIV ETF Comparison

Comparison of AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG) to First Trust Dorsey Wright Momentum & Dividend ETF (DDIV)

SMIG

AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF

SMIG Description

ETF Series Solutions - AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF is an exchange traded fund launched by ETF Series Solutions. The fund is co-managed by Advisors Asset Management, Inc. and Bahl & Gaynor, Inc. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization, within the market capitalization range of the Russell 2500 Index. The fund invests in dividend paying stocks of companies. It employs fundamental analysis with bottom-up stock picking approach to create its portfolio. ETF Series Solutions - AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$29.17

Average Daily Volume

83,325

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DDIV

First Trust Dorsey Wright Momentum & Dividend ETF

DDIV Description

The First Trust Dorsey Wright Momentum & Dividend ETF, formerly the First Trust RBA Quality Income ETF, seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an index called the Dorsey Wright Momentum Plus Dividend Yield Index (the "Index"). Under normal conditions, the Fund will invest at least 90% of its net assets (including investment borrowings) in the equity securities 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 was developed by Nasdaq, Inc. (the "Index Provider"). The Dorsey Wright Momentum Plus Dividend Yield Index is a rules-based equity index that is designed to track the overall performance of the 50 highest dividend yielding stocks within the NASDAQ US Large Mid Cap Index that maintain high levels of relative strength. To construct the index, Dorsey, Wright & Associates (DWA) begins with the eligible constituents of the NASDAQ US Large Mid Cap Index. These eligible constituents are determined after meeting certain criteria, including maintaining a minimum average daily dollar volume of $1 million for the 30-day period prior to evaluation. Each security is assigned a relative strength score based on its forward price momentum compared to the momentum of a broad market benchmark index. Securities that exhibit a minimum level of relative strength are eligible for inclusion in the index. Eligible securities are then ranked based upon their current dividend yield, and the top 50 securities with the highest dividend yield are selected for inclusion in the index. The securities are then weighted, with greater weights given to securities with higher dividend yields. The index is reconstituted and rebalanced quarterly.

Grade (RS Rating)

Last Trade

$36.59

Average Daily Volume

15,232

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SMIG	DDIV
30 Days	2.12%	2.25%
60 Days	4.27%	5.17%
90 Days	11.46%	9.64%
12 Months	29.86%	34.39%

8 Overlapping Holdings

Symbol	Grade	Weight in SMIG	Weight in DDIV	Overlap
BAH	B	4.99%	0.72%	0.72%
EVR	B	3.31%	1.11%	1.11%
NTAP	D	2.4%	0.9%	0.9%
PKG	B	3.95%	3.2%	3.2%
TRGP	C	4.18%	2.48%	2.48%
TSCO	B	0.52%	1.41%	0.52%
TXRH	B	2.07%	0.9%	0.9%
WSO	C	3.79%	2.26%	2.26%

SMIG Overweight 34 Positions Relative to DDIV

Symbol	Grade	Weight
VCTR	B	4.72%
HUBB	B	4.17%
BR	C	4.15%
HIG	B	4.11%
SNA	B	3.52%
NI	B	3.4%
DOX	C	3.31%
DGX	B	3.25%
ADC	C	2.86%
AVY	C	2.7%
PRGO	F	2.56%
IPAR	D	2.54%
AFG	C	2.5%
TRNO	D	2.05%
HOMB	D	2.03%
LNT	A	2.01%
ATO	B	1.99%
AVT	B	1.95%
LANC	F	1.93%
RPM	B	1.92%
PAGP	D	1.74%
CBOE	C	1.65%
AVNT	B	1.53%
CAG	B	1.51%
NXST	D	1.42%
CMS	B	1.32%
ELS	D	1.2%
PAG	D	1.07%
MTH	C	1.07%
FFBC	D	0.89%
CSGS	C	0.84%
NSP	F	0.8%
SON	D	0.79%
USPH	F	0.41%

SMIG Underweight 42 Positions Relative to DDIV

Symbol	Grade	Weight
SPG	B	-5.31%
OMF	D	-5.25%
OKE	C	-4.78%
LAMR	B	-4.29%
IRM	C	-3.16%
BPOP	C	-3.05%
JEF	C	-3.05%
ARES	B	-2.97%
HRB	C	-2.74%
CRBG	C	-2.7%
ALL	C	-2.65%
WELL	C	-2.64%
AFL	A	-2.6%
STX	B	-2.49%
GS	B	-2.35%
TRV	C	-2.13%
DKS	D	-2.12%
JPM	D	-2.1%
WFC	D	-2.07%
AIG	D	-1.85%
SYF	C	-1.84%
SF	B	-1.83%
NRG	B	-1.73%
GRMN	D	-1.64%
RL	B	-1.53%
COF	B	-1.53%
HLI	C	-1.49%
FANG	F	-1.28%
RGA	C	-1.25%
ERIE	B	-1.21%
WSM	C	-1.16%
OTIS	B	-1.14%
APO	B	-1.11%
AOS	B	-1.07%
QCOM	D	-1.03%
OC	C	-0.91%
PR	F	-0.84%
AMP	B	-0.83%
WLK	C	-0.83%
MMC	C	-0.8%
NXPI	D	-0.78%
TJX	C	-0.77%