SMLV vs. FDM ETF Comparison

Comparison of SPDR Russell 2000 Low Volatility (SMLV) to First Trust DJ Select MicroCap ETF (FDM)

SMLV

SPDR Russell 2000 Low Volatility

SMLV Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of a small cap, low volatility index. The fund employs a sampling strategy, which means that the fund is not required to purchase all of the securities represented in the index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index includes small cap U.S. equity securities, including business development companies, and is designed to deliver exposure to low volatility. It is non-diversified.

Grade (RS Rating)

Last Trade

$108.86

Average Daily Volume

4,969

Number of Holdings ^*

413

* may have additional holdings in another (foreign) market

FDM

First Trust DJ Select MicroCap ETF

FDM 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 Dow Jones Select MicroCap Index(SM) (the "index"). The fund will normally invest at least 80% of its net assets plus the amount of any borrowings for investment purposes in common stocks of U.S. micro-capitalization companies which are publicly traded in the United States. The index is comprised of selected U.S. micro-capitalization companies chosen from all common stocks traded on the NewYork Stock Exchange, the NYSE MKT and NASDAQ(R) with limited partnerships excluded.

Grade (RS Rating)

Last Trade

$61.07

Average Daily Volume

4,417

Number of Holdings ^*

153

* may have additional holdings in another (foreign) market

Performance

Period	SMLV	FDM
30 Days	0.30%	-0.63%
60 Days	0.67%	0.33%
90 Days	1.67%	4.79%
12 Months	13.45%	23.11%

33 Overlapping Holdings

Symbol	Grade	Weight in SMLV	Weight in FDM	Overlap
AFCG	A	0.15%	0.31%	0.15%
ARTNA	D	0.24%	0.54%	0.24%
BBSI	B	0.08%	1.35%	0.08%
BHB	A	0.31%	0.64%	0.31%
BSRR	A	0.22%	0.44%	0.22%
CCBG	C	0.29%	0.6%	0.29%
CENT	C	0.08%	0.65%	0.08%
CMPO	A	0.1%	0.2%	0.1%
CSV	C	0.05%	0.57%	0.05%
DHIL	B	0.34%	0.71%	0.34%
ESQ	B	0.26%	0.5%	0.26%
FSBC	D	0.2%	0.42%	0.2%
FSBW	C	0.17%	0.36%	0.17%
GENC	A	0.12%	0.29%	0.12%
GLRE	A	0.25%	0.54%	0.25%
GSBC	A	0.38%	0.75%	0.38%
HCKT	F	0.1%	0.9%	0.1%
HTBI	A	0.3%	0.66%	0.3%
JOUT	D	0.07%	0.45%	0.07%
KRNY	F	0.25%	0.58%	0.25%
MLR	A	0.1%	0.93%	0.1%
NPK	A	0.22%	0.71%	0.22%
PAHC	A	0.08%	0.56%	0.08%
PLOW	D	0.08%	0.85%	0.08%
RLGT	D	0.08%	0.29%	0.08%
RNGR	F	0.09%	0.23%	0.09%
SCSC	B	0.06%	1.76%	0.06%
SPFI	A	0.25%	0.52%	0.25%
SPOK	F	0.08%	0.52%	0.08%
SXC	D	0.11%	1.46%	0.11%
THFF	A	0.33%	0.64%	0.33%
UVSP	A	0.5%	1.04%	0.5%
VPG	C	0.09%	0.7%	0.09%

SMLV Overweight 380 Positions Relative to FDM

Symbol	Grade	Weight
NNI	A	1.65%
THG	B	1.62%
PJT	B	1.4%
ONB	A	1.34%
CBU	C	1.31%
ESGR	B	1.26%
CHCO	A	1.21%
PRK	A	1.21%
HMN	A	1.21%
NBTB	A	1.19%
MGRC	D	1.16%
VIRT	A	1.14%
WU	D	1.12%
FFIN	C	1.05%
NWBI	D	1.05%
IBOC	A	1.05%
GCMG	A	1.01%
BUSE	A	1.0%
NBHC	B	0.98%
WABC	A	0.98%
TOWN	A	0.98%
CNO	A	0.97%
FULT	A	0.97%
TRMK	A	0.96%
AGM	A	0.94%
SAFT	A	0.91%
RDN	B	0.9%
FCF	A	0.9%
HOMB	A	0.9%
EVTC	F	0.88%
EIG	D	0.87%
BLX	A	0.87%
SYBT	A	0.85%
EFSC	B	0.85%
WAFD	B	0.85%
PAX	F	0.84%
WSBC	C	0.84%
NIC	C	0.83%
GBCI	B	0.82%
LKFN	C	0.81%
STBA	A	0.81%
PEBO	A	0.8%
CVII	A	0.78%
EQC	B	0.75%
SASR	C	0.74%
SFNC	D	0.74%
GABC	D	0.73%
QCRH	C	0.73%
SRCE	A	0.71%
AMSF	F	0.69%
OBK	A	0.69%
SBSI	F	0.63%
LBAI	B	0.61%
CTBI	A	0.59%
BRKL	F	0.58%
BFC	D	0.57%
FBMS	F	0.55%
TRIN	B	0.54%
FMBH	A	0.53%
NFG	A	0.52%
HFWA	B	0.49%
CFFN	D	0.48%
TMP	D	0.47%
ALCC	B	0.47%
FCBC	A	0.42%
TRST	B	0.4%
CATC	B	0.38%
FLO	A	0.37%
FMNB	D	0.35%
SLAM	A	0.35%
CAC	B	0.34%
MCBS	A	0.34%
HONE	A	0.33%
AROW	C	0.31%
CCNE	D	0.31%
MCBC	A	0.3%
ALRS	D	0.3%
BHRB	F	0.28%
EBF	C	0.28%
SMMF	B	0.27%
NFBK	D	0.27%
IDA	A	0.26%
NWE	A	0.25%
SMBK	C	0.24%
SBR	A	0.24%
MPB	B	0.24%
PNM	C	0.23%
NWN	A	0.22%
SR	A	0.22%
HIFS	B	0.22%
AIRC	A	0.22%
BKH	A	0.22%
FBIZ	B	0.21%
PFIS	D	0.21%
CPK	A	0.21%
PECO	D	0.21%
ORRF	A	0.21%
MGEE	A	0.21%
ACNB	F	0.21%
FMAO	B	0.21%
SLGN	B	0.21%
WTBA	C	0.2%
GNTY	B	0.2%
BWB	B	0.2%
HBCP	A	0.2%
CZNC	D	0.2%
PSTL	C	0.19%
TRC	A	0.19%
EBTC	D	0.19%
AGX	B	0.19%
GPOR	B	0.19%
DEA	B	0.18%
VLGEA	A	0.18%
GTY	B	0.18%
SXT	A	0.18%
NHC	B	0.18%
FRST	F	0.17%
FNLC	D	0.17%
TRS	A	0.17%
PBH	B	0.16%
CTO	A	0.16%
FLIC	F	0.16%
FELE	D	0.16%
WERN	D	0.15%
UTMD	F	0.15%
PKE	F	0.15%
NTST	D	0.15%
ICFI	C	0.15%
CHCT	F	0.15%
SCL	C	0.15%
WSBF	B	0.15%
BMI	A	0.14%
CSWI	A	0.14%
UNF	F	0.14%
LTC	A	0.14%
HSTM	B	0.14%
BRC	B	0.14%
COLM	A	0.14%
JBSS	C	0.14%
HTLD	D	0.14%
SMP	D	0.14%
LXP	D	0.14%
EXPO	A	0.14%
CBNK	D	0.14%
CSR	A	0.14%
HCC	B	0.14%
JJSF	F	0.14%
MRTN	D	0.13%
RGP	D	0.13%
WEN	A	0.13%
BCAL	F	0.13%
GATX	D	0.13%
BNL	B	0.13%
PINC	C	0.13%
CSGS	F	0.13%
ASH	A	0.13%
GEF	D	0.13%
CBZ	D	0.13%
TNC	B	0.12%
PLXS	A	0.12%
ACA	C	0.12%
TGNA	C	0.12%
NHI	A	0.12%
NOMD	D	0.12%
CALM	C	0.12%
OSIS	B	0.12%
GOOD	A	0.12%
FCPT	B	0.12%
FSS	B	0.12%
ESE	A	0.11%
HUBG	B	0.11%
MSGS	B	0.11%
HNI	B	0.11%
ALG	D	0.11%
SNDR	F	0.11%
NTCT	D	0.11%
GRC	F	0.11%
KREF	D	0.11%
ARKO	F	0.11%
LNN	B	0.11%
VAL	F	0.11%
CASS	C	0.11%
AROC	A	0.11%
CTRE	A	0.11%
UHT	C	0.11%
CUZ	A	0.1%
JBGS	F	0.1%
PCH	F	0.1%
DK	F	0.1%
INVA	A	0.1%
AHH	B	0.1%
RUSHA	F	0.1%
CCOI	F	0.1%
KW	B	0.1%
WINA	B	0.1%
WDFC	D	0.1%
VMI	B	0.1%
UFPT	A	0.1%
DRQ	F	0.1%
CVLT	A	0.1%
MWA	A	0.1%
ROAD	D	0.1%
IOSP	C	0.1%
BLKB	A	0.1%
BFS	B	0.1%
PBT	F	0.1%
CRC	D	0.1%
HIW	A	0.1%
GHC	B	0.1%
PRGS	F	0.1%
ECVT	B	0.09%
GPRK	B	0.09%
MYRG	D	0.09%
NCNO	D	0.09%
ADUS	B	0.09%
PSMT	A	0.09%
HWKN	A	0.09%
APLE	F	0.09%
AVT	B	0.09%
MTX	A	0.09%
BHE	A	0.09%
MOG.A	A	0.09%
FPI	A	0.09%
DORM	C	0.09%
RGR	B	0.09%
TRNS	A	0.09%
SXI	B	0.09%
SFL	A	0.09%
GMRE	D	0.09%
MGIC	B	0.09%
IRT	A	0.09%
KFRC	C	0.09%
DEI	A	0.09%
PRGO	A	0.09%
CABO	F	0.08%
ITGR	B	0.08%
EPAC	A	0.08%
LAUR	B	0.08%
JBI	D	0.08%
HUN	D	0.08%
ABM	A	0.08%
PRIM	A	0.08%
LILAK	B	0.08%
ARCH	D	0.08%
CTS	A	0.08%
ENS	C	0.08%
CRI	F	0.08%
FTDR	B	0.08%
HOLI	D	0.08%
AZZ	B	0.08%
MEI	F	0.08%
RDWR	D	0.08%
CMCO	B	0.08%
STRA	A	0.08%
KAI	D	0.08%
CNNE	D	0.08%
APOG	A	0.08%
FORR	F	0.08%
HSII	D	0.08%
VSH	B	0.08%
SRCL	F	0.08%
LMAT	B	0.08%
LOPE	B	0.08%
DNB	D	0.08%
CACC	F	0.08%
VIAV	D	0.07%
NVEC	D	0.07%
MRCY	D	0.07%
ICUI	F	0.07%
MNRO	F	0.07%
NRC	D	0.07%
HI	F	0.07%
IRDM	B	0.07%
SQSP	B	0.07%
PRDO	A	0.07%
IART	F	0.07%
JBT	F	0.07%
AIN	F	0.07%
MATW	D	0.07%
AMSWA	F	0.07%
PDCO	F	0.07%
HAE	A	0.07%
ITRN	D	0.07%
SHOO	C	0.07%
FUL	C	0.07%
SANM	B	0.07%
WEYS	C	0.07%
SPNS	B	0.07%
AMN	D	0.07%
PLUS	D	0.07%
FSTR	D	0.07%
SUPN	C	0.07%
KN	B	0.07%
ENV	A	0.07%
HURN	F	0.07%
LZB	F	0.07%
ACIW	A	0.07%
MODN	B	0.07%
NATR	B	0.07%
USPH	C	0.06%
HELE	D	0.06%
SPB	B	0.06%
MMSI	A	0.06%
VECO	B	0.06%
AAP	D	0.06%
VRNT	C	0.06%
AMED	D	0.06%
GPI	A	0.06%
IPGP	D	0.06%
SATS	B	0.06%
ATEN	A	0.06%
OMCL	C	0.06%
MTRN	F	0.06%
ETD	F	0.06%
OXM	A	0.06%
WK	F	0.06%
TPH	A	0.06%
CNXC	F	0.06%
ZD	D	0.06%
SCHL	D	0.06%
IRWD	F	0.06%
MLAB	B	0.06%
POWI	D	0.06%
BL	C	0.06%
ASGN	D	0.06%
AVNS	C	0.06%
LIVN	A	0.06%
CVCO	C	0.06%
LEG	F	0.06%
NVST	F	0.06%
GLDD	F	0.06%
ATNI	F	0.06%
TTMI	A	0.06%
PCRX	D	0.06%
BOX	F	0.06%
PZZA	F	0.06%
HLF	B	0.05%
SHEN	F	0.05%
CNMD	F	0.05%
ALRM	C	0.05%
CEVA	D	0.05%
ADMA	A	0.05%
CBRL	F	0.05%
IBEX	D	0.05%
AMPH	D	0.05%
TTGT	D	0.05%
OFIX	D	0.05%
ANIP	B	0.05%
ANIK	A	0.05%
BOWL	C	0.05%
ARCO	F	0.05%
SEM	B	0.05%
ALKS	F	0.05%
IRMD	B	0.05%
XNCR	B	0.05%
THRM	D	0.05%
AEIS	D	0.05%
FORM	A	0.05%
USNA	D	0.05%
VREX	F	0.05%
KIDS	B	0.05%
ATEX	D	0.05%
SRDX	B	0.04%
INSM	D	0.04%
NEOG	F	0.04%
TBPH	B	0.04%
NARI	D	0.04%
HRMY	B	0.04%
CORT	C	0.04%
PTCT	B	0.04%
ZIP	F	0.04%
GKOS	A	0.04%
RDNT	A	0.04%
AGIO	A	0.04%
OGN	A	0.04%
ACAD	F	0.03%
AZTA	D	0.03%
RARE	D	0.03%
ATRC	F	0.03%
IMTX	C	0.03%

SMLV Underweight 120 Positions Relative to FDM

Symbol	Grade	Weight
POWL	B	-2.27%
ACMR	D	-2.06%
CRAI	A	-1.71%
VSEC	A	-1.7%
CGEM	A	-1.51%
GNK	A	-1.5%
CRGY	F	-1.49%
REX	B	-1.43%
MYE	A	-1.35%
HAYN	B	-1.26%
VVI	C	-1.23%
CECO	B	-1.22%
DCO	A	-1.21%
IDT	B	-1.18%
EGY	B	-1.15%
CLW	A	-1.11%
DXPE	A	-1.1%
AMBC	C	-1.1%
ZEUS	D	-1.08%
BELFB	B	-0.98%
UWMC	B	-0.98%
BRY	B	-0.97%
EZPW	B	-0.96%
OSBC	B	-0.92%
LEU	B	-0.92%
ARHS	D	-0.91%
WSR	B	-0.89%
MBWM	A	-0.88%
KE	D	-0.88%
CFB	C	-0.87%
TTI	F	-0.87%
IBCP	A	-0.86%
HTBK	D	-0.81%
BFST	D	-0.8%
GATO	B	-0.79%
TITN	F	-0.75%
LMB	B	-0.75%
SD	B	-0.74%
RICK	F	-0.73%
DENN	F	-0.72%
AVNW	F	-0.71%
AMAL	A	-0.71%
HVT	F	-0.69%
CCB	B	-0.69%
LYTS	A	-0.68%
HDSN	F	-0.67%
CYH	B	-0.66%
LQDT	D	-0.65%
OSUR	D	-0.65%
SMBC	D	-0.64%
BBW	A	-0.63%
VYGR	D	-0.62%
CWCO	D	-0.62%
OLP	A	-0.6%
ODC	B	-0.59%
NBN	B	-0.57%
SIGA	A	-0.57%
RMR	A	-0.57%
GNE	F	-0.57%
BOOM	F	-0.54%
NWPX	C	-0.53%
OSG	B	-0.53%
KODK	D	-0.52%
AVD	B	-0.51%
MCFT	F	-0.5%
MOFG	D	-0.49%
LINC	A	-0.49%
AMPY	B	-0.44%
SOI	B	-0.44%
NEWT	D	-0.43%
NRIM	B	-0.43%
PBPB	F	-0.42%
PANL	B	-0.41%
HBT	B	-0.4%
RM	B	-0.39%
WTI	F	-0.38%
ONEW	D	-0.38%
FET	B	-0.37%
LOCO	D	-0.37%
NECB	A	-0.37%
MVBF	F	-0.37%
BCML	F	-0.35%
INSE	F	-0.35%
CVLY	A	-0.34%
TSBK	C	-0.33%
OBT	B	-0.32%
OMER	B	-0.32%
PKOH	B	-0.31%
NATH	D	-0.3%
EPM	F	-0.29%
KFS	A	-0.29%
IPI	C	-0.29%
PLBC	B	-0.28%
OVLY	B	-0.27%
CMT	D	-0.24%
LEGH	D	-0.24%
TSQ	A	-0.24%
FF	B	-0.24%
MEC	A	-0.24%
MPX	B	-0.23%
STKS	C	-0.23%
QUAD	D	-0.23%
INTT	F	-0.22%
OCN	C	-0.22%
LSEA	F	-0.21%
HNRG	F	-0.21%
ATLC	D	-0.21%
EVC	D	-0.21%
III	F	-0.17%
RCMT	D	-0.17%
KLXE	F	-0.16%
MNSB	D	-0.15%
REI	B	-0.14%
HGBL	F	-0.13%
BGFV	F	-0.13%
ASRT	D	-0.13%
TUSK	F	-0.12%
CCRD	B	-0.12%
TZOO	D	-0.09%
CMBM	F	-0.07%

SMLV: Top Represented Industries & Keywords

Industries: Banks - Regional - US Biotechnology Software - Application Diversified Industrials Business Services Medical Instruments & Supplies Savings & Cooperative Banks Medical Devices REIT - Diversified Software - Infrastructure Specialty Chemicals Telecom Services Auto Parts Drug Manufacturers - Specialty & Generic Electronic Components Packaged Foods REIT - Healthcare Facilities Communication Equipment Diagnostics & Research Education & Training Services