# Portfolio overlap — CDC vs FDL

Comparing **VictoryShares US EQ Income Enhanced Volatility Wtd ETF** (2026-03-31) and **First Trust Morningstar Dividend Leaders Index Fund** (2026-03-31).

- Shared positions: 43
- VictoryShares US EQ Income Enhanced Volatility Wtd ETF covered by First Trust Morningstar Dividend Leaders Index Fund: 0.3397171638683670898174920768
- First Trust Morningstar Dividend Leaders Index Fund covered by VictoryShares US EQ Income Enhanced Volatility Wtd ETF: 0.3397171638683670898174920767

## VictoryShares US EQ Income Enhanced Volatility Wtd ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| FIRSTENERGY CORP | 0.017738 | ✓ |
| DUKE ENERGY CORP NEW | 0.017606 |  |
| WEC ENERGY GROUP INC | 0.017346 |  |
| ALLIANT ENERGY CORPORATION | 0.016538 |  |
| CMS ENERGY CORP | 0.016495 |  |
| EVERGY INC | 0.016310 | ✓ |
| DTE ENERGY CO | 0.016131 |  |
| SOUTHERN CO | 0.015592 |  |
| CONSOLIDATED EDISON INC | 0.014886 |  |
| PPL CORPORATION | 0.014516 |  |
| COCA-COLA CO/THE | 0.014394 |  |
| AMERICAN ELECTRIC POWER CO INC | 0.013709 | ✓ |
| EXELON CORP | 0.013611 | ✓ |
| CHEVRON CORP | 0.013268 | ✓ |
| XCEL ENERGY INC | 0.013038 |  |
| DOMINION ENERGY INC | 0.012863 |  |
| PUB SERV ENTERP | 0.012625 |  |
| PROCTER & GAMBLE | 0.012582 |  |
| C N A FINANCIAL CORP | 0.012459 |  |
| KINDER MORGAN INC | 0.012334 | ✓ |
| EXXON MOBIL CORP | 0.012201 | ✓ |
| AT&T INC | 0.012152 |  |
| MEDTRONIC PLC | 0.011665 |  |
| EOG RESOURCES INC | 0.011580 | ✓ |
| AUTOMATIC DATA PROCESSING INC | 0.011064 |  |
| TYSON FOODS INC CL A | 0.010979 |  |
| PNC FINANCIAL SERVICES GRP INC | 0.010889 | ✓ |
| PRUDENTL FINL | 0.010715 | ✓ |
| ALTRIA GROUP INC | 0.010694 | ✓ |
| ONEOK INC | 0.010623 | ✓ |
| M&T BANK CORP | 0.010554 |  |
| PRINCIPAL FINL GROUP INC | 0.010386 | ✓ |
| PHILLIPS 66 | 0.010350 |  |
| MONDELEZ INTL INC | 0.010315 |  |
| US BANCORP DEL | 0.010277 | ✓ |
| VERIZON COMMUNICATIONS INC | 0.010257 | ✓ |
| WILLIAMS COS INC | 0.010219 |  |
| METLIFE INC | 0.010146 |  |
| CONOCOPHILLIPS | 0.010095 | ✓ |
| TRUIST FINL CORP | 0.010029 | ✓ |
| PEPSICO INC | 0.009941 | ✓ |
| EVEREST RE GROUP | 0.009873 |  |
| ARCHER DANIELS MIDLAND CO | 0.009693 | ✓ |
| PFIZER INC | 0.009668 | ✓ |
| HOME DEPOT INC | 0.009614 |  |
| PAYCHEX INC | 0.009524 |  |
| STATE STREET CORP | 0.009522 |  |
| COMCAST CORP CL A | 0.009487 | ✓ |
| PROGRESSIVE CORP OHIO | 0.009486 |  |
| KEYCORP | 0.009436 | ✓ |

## First Trust Morningstar Dividend Leaders Index Fund — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| EXXON MOBIL CORP | 0.110686 | ✓ |
| CHEVRON CORP | 0.091336 | ✓ |
| VERIZON COMMUNICATIONS INC | 0.073647 | ✓ |
| PFIZER INC | 0.064931 | ✓ |
| MERCK & CO | 0.055130 | ✓ |
| PEPSICO INC | 0.047632 | ✓ |
| ALTRIA GROUP INC | 0.044592 | ✓ |
| BRISTOL-MYERS SQUIBB CO | 0.032623 | ✓ |
| UNITED PARCEL SERVICE INC CL B | 0.030352 | ✓ |
| CONOCOPHILLIPS | 0.029756 | ✓ |
| COMCAST CORP CL A | 0.028222 | ✓ |
| US BANCORP DEL | 0.020509 | ✓ |
| CVS HEALTH CORP | 0.019621 | ✓ |
| ONEOK INC | 0.017769 | ✓ |
| PNC FINANCIAL SERVICES GRP INC | 0.017685 | ✓ |
| TRUIST FINL CORP | 0.016406 | ✓ |
| EOG RESOURCES INC | 0.015519 | ✓ |
| KINDER MORGAN INC | 0.014723 | ✓ |
| FORD MOTOR CO | 0.014191 |  |
| TARGET CORP | 0.013281 | ✓ |
| PRUDENTL FINL | 0.012679 | ✓ |
| AMERICAN ELECTRIC POWER CO INC | 0.012375 | ✓ |
| EXELON CORP | 0.010248 | ✓ |
| FIFTH THIRD BANCORP | 0.009073 | ✓ |
| EDISON INTL | 0.008859 | ✓ |
| KRAFT HEINZ CO/T | 0.008147 |  |
| HUNTINGTON BANCSHARES INC | 0.007579 | ✓ |
| HP INC | 0.007289 | ✓ |
| GENERAL MILLS INC | 0.007092 | ✓ |
| AMCOR PLC | 0.007090 |  |
| T ROWE PRICE GRP | 0.006970 | ✓ |
| EVERSOURCE ENERGY | 0.006737 | ✓ |
| ARCHER DANIELS MIDLAND CO | 0.006418 | ✓ |
| FIRSTENERGY CORP | 0.005806 | ✓ |
| REGIONS FINANCIAL CORP | 0.005664 | ✓ |
| OMNICOM GROUP INC | 0.005654 | ✓ |
| SMURFIT WESTROCK PLC | 0.005625 |  |
| CITIZENS FINANCIAL GROUP INC | 0.005151 | ✓ |
| KEYCORP | 0.005000 | ✓ |
| COTERRA ENERGY INC | 0.004776 |  |
| BEST BUY CO INC | 0.004589 | ✓ |
| PRINCIPAL FINL GROUP INC | 0.004474 | ✓ |
| EVERGY INC | 0.003999 | ✓ |
| CONAGRA BRANDS INC | 0.003578 |  |
| CLOROX CO | 0.003572 | ✓ |
| FIDELITY NATIONAL FINL INC | 0.003195 | ✓ |
| ONEMAIN HOLDINGS INC | 0.003166 |  |
| AES CORP | 0.003152 |  |
| STANLEY BLACK and DECKER INC | 0.003033 | ✓ |
| APA CORP | 0.002978 |  |


## Sources

- N-PORT (fund A) — accession `0001004726-26-004306` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/1547580/000100472626004306/0001004726-26-004306-index.htm>
- N-PORT (fund B) — accession `0000940400-26-021492` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/1329377/000094040026021492/0000940400-26-021492-index.htm>

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