FDL vs. RDIV ETF Comparison

Comparison of First Trust Morningstar ETF (FDL) to RevenueShares Ultra Dividend Fund (RDIV)

FDL

First Trust Morningstar ETF

FDL 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 Morningstar(R) Dividend Leaders Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The objective of the index is to offer investors a benchmark for dividend portfolios as well as a means to invest in a portfolio of stocks that have a consistent record of growing dividends as well as the ability to sustain them. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$38.76

Average Daily Volume

690,444

Number of Holdings ^*

* may have additional holdings in another (foreign) market

RDIV

RevenueShares Ultra Dividend Fund

RDIV Description

The investment seeks to outperform the total return performance of the S&P 900Â® Index, the fund's benchmark index (the "benchmark index"). The fund will invest at least 80% of its net assets in the securities of companies included in the benchmark index. The index is constructed by identifying the top 60 securities from the benchmark index with the highest average of the 1-year trailing dividend yields for the current quarter and each of the past three quarters, which are then re-weighted according to the revenue earned by the companies, subject to certain asset diversification requirements and a maximum 5% per company weighting. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$45.52

Average Daily Volume

38,058

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDL	RDIV
30 Days	4.05%	4.12%
60 Days	2.35%	1.04%
90 Days	7.63%	6.96%
12 Months	19.32%	25.60%

36 Overlapping Holdings

Symbol	Grade	Weight in FDL	Weight in RDIV	Overlap
ALE	B	0.14%	0.32%	0.14%
ASB	C	0.11%	0.34%	0.11%
BBY	D	0.49%	4.78%	0.49%
BEN	F	0.24%	1.23%	0.24%
BKH	C	0.15%	0.39%	0.15%
DUK	A	2.65%	4.91%	2.65%
EIX	A	1.01%	2.8%	1.01%
ETR	B	0.8%	2.05%	0.8%
EVRG	C	0.47%	0.94%	0.47%
F	D	1.79%	4.65%	1.79%
FE	B	0.69%	2.18%	0.69%
FHN	B	0.27%	0.86%	0.27%
FITB	C	0.73%	2.23%	0.73%
HAS	C	0.33%	0.84%	0.33%
HBAN	B	0.69%	1.87%	0.69%
IBM	D	3.96%	4.52%	3.96%
JHG	B	0.17%	0.38%	0.17%
LYB	D	0.99%	4.88%	0.99%
NWE	C	0.12%	0.23%	0.12%
OGE	A	0.28%	0.46%	0.28%
PFE	D	7.66%	5.36%	5.36%
PM	B	6.78%	5.04%	5.04%
PNC	C	2.02%	5.01%	2.02%
PNW	C	0.34%	0.79%	0.34%
PRU	B	1.56%	5.22%	1.56%
RF	C	0.71%	1.55%	0.71%
SMG	D	0.09%	0.56%	0.09%
SNV	B	0.16%	0.61%	0.16%
SR	B	0.12%	0.43%	0.12%
TROW	C	0.81%	1.07%	0.81%
UBSI	C	0.15%	0.24%	0.15%
USB	D	2.27%	5.04%	2.27%
VLY	D	0.14%	0.55%	0.14%
WHR	F	0.26%	2.81%	0.26%
WMB	A	1.84%	1.67%	1.67%
ZION	C	0.2%	0.8%	0.2%

FDL Overweight 54 Positions Relative to RDIV

Symbol	Grade	Weight
CVX	C	10.11%
VZ	C	8.64%
ABBV	D	7.55%
MO	B	5.84%
C	C	3.44%
MMM	B	2.78%
SO	B	2.59%
TFC	C	2.28%
OKE	A	1.85%
DVN	D	1.64%
PSX	D	1.37%
MET	B	1.0%
IFF	B	0.79%
MTB	C	0.72%
CFG	B	0.63%
KEY	B	0.61%
NTRS	D	0.5%
WBA	F	0.47%
FNF	B	0.38%
NRG	C	0.38%
EMN	C	0.34%
PKG	D	0.32%
CMA	C	0.31%
ALLY	C	0.28%
LNC	C	0.26%
WU	D	0.25%
COLB	D	0.24%
EWBC	C	0.24%
UGI	D	0.24%
DINO	D	0.23%
CG	D	0.21%
WBS	D	0.19%
CADE	C	0.14%
OZK	C	0.14%
ONB	C	0.13%
AVA	C	0.13%
FNB	C	0.13%
FIBK	C	0.13%
NYCB	D	0.12%
MAN	C	0.12%
SWX	A	0.11%
GBCI	C	0.11%
AGR	D	0.11%
FHB	C	0.1%
UCBI	C	0.09%
MDU	A	0.09%
CRI	F	0.07%
CATY	D	0.07%
INDB	D	0.07%
ARCH	D	0.07%
AAP	D	0.05%
CVI	F	0.05%
CNS	C	0.04%
GEF	D	0.01%

FDL Underweight 23 Positions Relative to RDIV

Symbol	Grade	Weight
KHC	D	-4.03%
D	A	-2.71%
AMCR	C	-2.6%
GPS	D	-2.51%
ES	C	-1.92%
CAG	C	-1.89%
IVZ	C	-1.04%
O	C	-0.68%
VICI	C	-0.62%
TNL	D	-0.6%
EQR	C	-0.49%
EXR	C	-0.47%
POR	C	-0.45%
PK	D	-0.42%
LAMR	B	-0.36%
KIM	C	-0.3%
UDR	C	-0.28%
BRX	C	-0.2%
FRT	D	-0.18%
CUBE	C	-0.17%
NNN	C	-0.14%
AIRC	A	-0.13%
ADC	C	-0.09%