VOX vs. DVOL ETF Comparison

Comparison of Vanguard Telecom ETF - DNQ (VOX) to First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL)

VOX

Vanguard Telecom ETF - DNQ

VOX Description

The investment seeks to track the performance of a benchmark index. The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Index (IMI)/Telecommunication Services 25/50, an index made up of stocks of large, mid-size, and small U.S. companies within the telecommunication services sector, as classified under the Global Industry Classification Standard. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$154.31

Average Daily Volume

91,228

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

DVOL

First Trust Dorsey Wright Momentum & Low Volatility ETF

DVOL Description

The investment 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 Low Volatility 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 index is a rules-based equity index designed to track the overall performance of the 50 stocks comprising the NASDAQ US Large Mid Index that exhibit the lowest levels of volatility while still maintaining high levels of "relative strength." The fund is non-diversified.

Grade (RS Rating)

Last Trade

$36.26

Average Daily Volume

3,466

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VOX	DVOL
30 Days	5.36%	5.98%
60 Days	7.30%	9.31%
90 Days	9.80%	12.19%
12 Months	35.57%	36.44%

1 Overlapping Holdings

	Symbol	Grade	Weight in VOX	Weight in DVOL	Overlap
	TMUS	B	3.2%	3.35%	3.2%

VOX Overweight 100 Positions Relative to DVOL

Symbol	Grade	Weight
META	D	22.63%
GOOGL	C	12.11%
GOOG	C	9.37%
NFLX	A	4.55%
VZ	C	4.28%
CMCSA	B	4.23%
T	A	4.11%
DIS	B	3.83%
TTD	B	1.9%
EA	A	1.53%
RBLX	C	1.52%
CHTR	C	1.39%
TTWO	A	1.22%
LYV	A	1.12%
OMC	C	1.09%
WBD	C	1.05%
PINS	D	0.91%
SNAP	C	0.88%
IPG	D	0.83%
NWSA	B	0.83%
FOXA	B	0.81%
LBRDK	C	0.79%
MTCH	D	0.76%
TKO	B	0.7%
NYT	C	0.7%
ROKU	D	0.66%
FYBR	D	0.54%
LUMN	C	0.52%
SIRI	C	0.48%
NXST	C	0.46%
FOX	A	0.45%
EDR	A	0.43%
PARA	C	0.38%
WMG	C	0.33%
CCOI	B	0.29%
IAC	D	0.29%
MSGS	A	0.28%
IRDM	D	0.26%
SATS	D	0.26%
CNK	B	0.26%
TDS	B	0.25%
NWS	B	0.25%
ZI	D	0.24%
RDDT	B	0.24%
TGNA	B	0.23%
CARG	C	0.22%
WLY	B	0.18%
ZD	C	0.18%
YELP	C	0.18%
TRIP	F	0.14%
CABO	C	0.13%
MGNI	A	0.13%
AMC	C	0.11%
LILAK	D	0.1%
MSGE	F	0.09%
IMAX	B	0.09%
QNST	B	0.09%
USM	B	0.08%
LBRDA	C	0.08%
CARS	B	0.08%
IDT	B	0.07%
GSAT	C	0.07%
SSTK	F	0.07%
IAS	C	0.07%
LGF.A	C	0.07%
BMBL	C	0.06%
VMEO	B	0.06%
TTGT	C	0.06%
THRY	F	0.05%
MAX	F	0.05%
STGW	B	0.05%
PUBM	C	0.05%
SCHL	D	0.05%
ZIP	F	0.05%
SHEN	F	0.05%
GCI	D	0.05%
LGF.A	C	0.04%
MCS	B	0.04%
BAND	B	0.04%
GTN	F	0.04%
ATUS	C	0.04%
FUBO	F	0.04%
ADV	D	0.03%
LILA	D	0.03%
CNSL	C	0.03%
CCO	C	0.03%
ATEX	D	0.03%
BOC	C	0.03%
GOGO	C	0.03%
EVER	F	0.03%
SSP	F	0.02%
IHRT	C	0.02%
ATNI	F	0.02%
WOW	B	0.02%
EB	C	0.02%
AMCX	C	0.02%
SKLZ	D	0.01%
MYPS	C	0.01%
ANGI	D	0.01%
CDLX	D	0.01%

VOX Underweight 49 Positions Relative to DVOL

Symbol	Grade	Weight
RSG	A	-3.18%
KMI	A	-3.16%
DTM	B	-3.1%
V	A	-3.05%
FI	A	-3.01%
WMB	A	-2.96%
MMC	B	-2.87%
MSI	B	-2.8%
MA	C	-2.74%
TJX	A	-2.71%
WELL	A	-2.69%
LIN	D	-2.68%
INGR	B	-2.63%
CTAS	B	-2.59%
CB	C	-2.55%
WMT	A	-2.49%
OKE	A	-2.44%
NOC	D	-2.33%
HLT	A	-2.33%
RTX	C	-2.28%
AMP	A	-2.26%
CACI	D	-2.23%
BRO	B	-2.19%
PKG	A	-2.12%
JPM	A	-1.99%
AM	A	-1.79%
COST	B	-1.69%
MSFT	F	-1.68%
EHC	B	-1.6%
CW	B	-1.56%
AFL	B	-1.53%
GWW	B	-1.47%
HEI	B	-1.46%
WAB	B	-1.42%
AIG	B	-1.41%
CAH	B	-1.29%
ALL	A	-1.27%
TRV	B	-1.24%
ENSG	D	-1.24%
HLI	B	-1.23%
PTC	A	-1.21%
PGR	A	-1.08%
BRX	A	-1.08%
SF	B	-1.06%
TW	A	-1.03%
RGA	A	-1.01%
WRB	A	-0.98%
MTG	C	-0.95%
TDG	D	-0.85%