TDIV vs. LBO ETF Comparison

Comparison of First Trust NASDAQ Technology Dividend Index Fund (TDIV) to WHITEWOLF Publicly Listed Private Equity ETF (LBO)

TDIV

First Trust NASDAQ Technology Dividend Index Fund

TDIV Description

The investment seeks investment results that correspond generally to the price and yield of an equity index called the NASDAQ Technology Dividend Index. The fund will normally invest at least 90% of its net assets (plus the amount of any borrowings for investment purposes) in the common stocks and/or depositary receipts included in the index. The index is owned and was developed by NASDAQ(R) (the "Index Provider"). The index is calculated and maintained by the index Provider. The index includes up to 100 Technology and Telecommunications companies that pay a regular or common dividend. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$79.99

Average Daily Volume

98,864

Number of Holdings ^*

79

* may have additional holdings in another (foreign) market

LBO

WHITEWOLF Publicly Listed Private Equity ETF

LBO 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 securities of U.S. publicly listed private equity companies. It defines "listed private equity companies" as Leverage Finance Providers and Buyout Firms, Sponsors, and Asset Managers (collectively, "Listed Private Equity Companies") that are listed and traded on a U.S. national securities exchange. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.41

Average Daily Volume

1,372

Number of Holdings ^*

36

* may have additional holdings in another (foreign) market

Performance

Period	TDIV	LBO
30 Days	-0.34%	5.92%
60 Days	0.99%	12.07%
90 Days	3.57%	18.64%
12 Months	34.05%

0 Overlapping Holdings

	Symbol	Grade	Weight in TDIV	Weight in LBO	Overlap

TDIV Overweight 79 Positions Relative to LBO

	Symbol	Grade	Weight
	ORCL	B	9.36%
	AVGO	D	8.18%
	IBM	C	8.08%
	MSFT	F	8.0%
	TXN	C	7.32%
	TSM	B	4.02%
	QCOM	F	3.66%
	ADI	D	2.7%
	TMUS	B	2.34%
	CSCO	B	2.24%
	T	A	2.19%
	CMCSA	B	2.15%
	MSI	B	1.94%
	VZ	C	1.91%
	INTU	C	1.89%
	GLW	B	1.82%
	AMAT	F	1.79%
	HPQ	B	1.79%
	LRCX	F	1.6%
	NXPI	D	1.53%
	MCHP	D	1.27%
	HPE	B	1.24%
	CTSH	B	1.03%
	KLAC	D	1.01%
	ASML	F	1.0%
	DELL	C	0.99%
	STX	D	0.98%
	APH	A	0.95%
	UI	A	0.7%
	NTAP	C	0.68%
	GEN	B	0.59%
	CCOI	B	0.57%
	SWKS	F	0.56%
	ROP	B	0.54%
	CDW	F	0.44%
	OTEX	D	0.41%
	INFY	B	0.4%
	SSNC	B	0.39%
	LDOS	C	0.36%
	DOX	D	0.35%
	SAP	B	0.27%
	LOGI	D	0.26%
	NOK	D	0.26%
	KT	A	0.23%
	MPWR	F	0.23%
	ERIC	B	0.22%
	CABO	C	0.21%
	ATHM	D	0.21%
	SNX	C	0.21%
	PAYC	B	0.2%
	IRDM	D	0.2%
	AVT	C	0.18%
	XRX	F	0.16%
	DNB	B	0.15%
	IDCC	A	0.14%
	VIV	F	0.13%
	DLB	B	0.12%
	SAIC	F	0.12%
	TEF	D	0.11%
	KBR	F	0.11%
	AMKR	D	0.1%
	OLED	D	0.1%
	KLIC	B	0.08%
	CSGS	B	0.07%
	VSH	D	0.07%
	POWI	D	0.07%
	CNXC	F	0.07%
	SIMO	D	0.07%
	PRGS	A	0.06%
	SSTK	F	0.06%
	BHE	B	0.05%
	YOU	D	0.05%
	ATEN	B	0.04%
	SPNS	F	0.04%
	STM	F	0.03%
	CNXN	C	0.02%
	TKC	C	0.02%
	HCKT	B	0.02%
	SLP	D	0.01%

TDIV Underweight 36 Positions Relative to LBO

	Symbol	Grade	Weight
	KKR	A	-8.14%
	ARCC	A	-6.98%
	FSK	A	-6.85%
	TPG	A	-6.58%
	OWL	A	-6.5%
	BX	A	-6.36%
	BXSL	A	-6.16%
	APO	B	-6.03%
	ARES	A	-5.23%
	CG	A	-4.98%
	HTGC	D	-4.49%
	HLNE	B	-3.08%
	GBDC	C	-3.03%
	PSEC	D	-2.58%
	CSWC	D	-2.31%
	GSBD	F	-2.09%
	BLK	C	-1.9%
	BBDC	A	-1.89%
	BCSF	C	-1.65%
	TRIN	A	-1.44%
	NMFC	D	-1.34%
	STEP	B	-1.15%
	PFLT	D	-1.12%
	TCPC	C	-1.11%
	CODI	B	-1.07%
	CGBD	D	-0.82%
	CION	C	-0.74%
	TSLX	C	-0.44%
	GCMG	B	-0.23%
	SCM	C	-0.2%
	PNNT	B	-0.2%
	FDUS	A	-0.16%
	SAR	A	-0.15%
	PX	A	-0.15%
	GAIN	C	-0.14%
	TPVG	C	-0.14%

TDIV: Top Represented Industries & Keywords

Industries: Semiconductors Telecom Services Information Technology Services Software - Application Software - Infrastructure Communication Equipment Semiconductor Equipment & Materials Computer Systems Business Services Data Storage Electronic Components Internet Content & Information Computer Distribution Contract Manufacturers Diversified Industrials Electronics Distribution Engineering & Construction Health Information Services Media - Diversified Pay TV

Keywords: S&P 500 Computing Nasdaq 100 Integrated Circuits Telecommunications Broadband Semiconductor Cloud Computing Information And Communications Technology Internet Access Operating System Work From Home Electronics Ethernet Semiconductor Device Fabrication Voice Services CRM Consumer Electronics Fabless Semiconductor Companies Mobile Communications

LBO: Top Represented Industries & Keywords

Industries: Asset Management Conglomerates Credit Services Specialty Finance

Keywords: Private Equity Business Development Mezzanine Capital Venture Capital Debt Business Development Company Credit Loan Senior Debt Consumer Products Refinancing Second Lien Loan Subordinated Debt Chemical Golub Capital Healthcare Service Investment Solutions Leveraged Buyout Wilshire Associates Aerospace