AIEQ vs. EDOW ETF Comparison

Comparison of AI Powered Equity ETF (AIEQ) to First Trust Dow 30 Equal Weight ETF (EDOW)

AIEQ

AI Powered Equity ETF

AIEQ Description

The investment seeks capital appreciation. The fund is actively managed and invests primarily in equity securities listed on a U.S. exchange based on the results of a proprietary, quantitative model (the EquBot Model) developed by EquBot LLC (EquBot) that runs on the IBM Watson? platform. EquBot, the fund's sub-adviser, is a technology based company focused on applying artificial intelligence (AI) based solutions to investment analyses. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$41.28

Average Daily Volume

7,436

Number of Holdings ^*

136

* may have additional holdings in another (foreign) market

EDOW

First Trust Dow 30 Equal Weight ETF

EDOW Description

The investment seeks investment results that correspond generally to the price and yield of an equity index called the Dow Jones Industrial Average Equal Weight Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks that comprise the index. The index is the equal weight version of the Dow Jones Industrial Average (the DJIA). The DJIA is composed of 30 securities issued by blue-chip U.S. companies covering all industries, with the exception of transportation and utilities.

Grade (RS Rating)

Last Trade

$37.39

Average Daily Volume

20,374

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AIEQ	EDOW
30 Days	9.30%	4.02%
60 Days	10.19%	3.99%
90 Days	11.69%	7.08%
12 Months	34.55%	22.97%

7 Overlapping Holdings

Symbol	Grade	Weight in AIEQ	Weight in EDOW	Overlap
AMZN	C	3.74%	3.45%	3.45%
BA	F	1.75%	2.96%	1.75%
CVX	A	2.08%	3.64%	2.08%
DIS	B	2.75%	4.01%	2.75%
GS	A	3.6%	3.86%	3.6%
NKE	D	2.44%	2.95%	2.44%
NVDA	C	4.04%	4.16%	4.04%

AIEQ Overweight 129 Positions Relative to EDOW

Symbol	Grade	Weight
INTC	D	3.61%
GOOGL	C	3.4%
AVGO	D	3.2%
CRWD	B	2.99%
PLTR	B	2.74%
ISRG	A	2.62%
ELV	F	2.19%
FI	A	2.15%
APH	A	2.15%
VRTX	F	2.12%
VST	B	2.1%
APP	B	1.97%
EMR	A	1.37%
CHTR	C	1.36%
SNOW	C	1.33%
FANG	D	1.31%
UPS	C	1.27%
EW	C	1.07%
LPLA	A	1.01%
HST	C	0.98%
ZS	C	0.98%
RCL	A	0.95%
DXCM	D	0.94%
F	C	0.92%
DASH	A	0.92%
LVS	C	0.91%
TEAM	A	0.9%
TDG	D	0.88%
WSM	B	0.88%
SQ	B	0.87%
HWM	A	0.85%
HPE	B	0.76%
EL	F	0.72%
FSLR	F	0.72%
DFS	B	0.71%
BIIB	F	0.67%
STLD	B	0.65%
LNG	B	0.64%
GPC	D	0.6%
QRVO	F	0.59%
LYB	F	0.59%
CSL	C	0.56%
GRMN	B	0.54%
MGM	D	0.54%
OKTA	C	0.52%
UHS	D	0.52%
LII	A	0.5%
XPO	B	0.5%
PSTG	D	0.5%
RHP	B	0.46%
FCNCA	A	0.44%
ETSY	D	0.43%
ENPH	F	0.43%
SFM	A	0.4%
LLY	F	0.4%
IEX	B	0.36%
GNRC	B	0.35%
AOS	F	0.34%
HRB	D	0.34%
CTLT	B	0.33%
SNX	C	0.33%
AAP	C	0.33%
ESTC	C	0.31%
BWXT	B	0.3%
RH	B	0.3%
FN	D	0.29%
GL	B	0.29%
KBR	F	0.28%
EXP	A	0.28%
HOG	D	0.27%
NVT	B	0.27%
GFS	C	0.26%
RYAN	B	0.24%
FLR	B	0.23%
APA	D	0.23%
TTC	D	0.22%
MTSI	B	0.21%
OSK	B	0.21%
HALO	F	0.21%
CNX	A	0.2%
CMC	B	0.2%
TECH	D	0.2%
BPMC	C	0.2%
HLI	B	0.19%
COOP	B	0.19%
LNC	B	0.18%
GMED	A	0.18%
BSY	D	0.18%
NBIX	C	0.17%
EEFT	B	0.17%
LNTH	D	0.17%
HAE	C	0.17%
ACI	C	0.17%
CHRD	D	0.17%
FIVN	C	0.17%
SEE	C	0.17%
MAN	D	0.16%
TENB	C	0.16%
DINO	D	0.16%
VKTX	F	0.16%
DCI	B	0.16%
MUR	D	0.15%
SUM	B	0.15%
RIVN	F	0.14%
TREX	C	0.14%
JAZZ	B	0.14%
OMF	A	0.14%
POWI	D	0.14%
PRGO	B	0.14%
CIVI	D	0.13%
ORA	B	0.13%
CHE	D	0.13%
ITCI	C	0.13%
HP	B	0.12%
SM	B	0.12%
TDW	F	0.12%
ST	F	0.12%
LPX	B	0.12%
TKR	D	0.11%
NOG	A	0.11%
VVV	F	0.1%
GATX	A	0.1%
AM	A	0.1%
MSA	D	0.1%
EXPO	D	0.09%
CHX	C	0.07%
WFRD	D	0.07%
CFLT	B	0.07%
RIG	D	0.05%

AIEQ Underweight 23 Positions Relative to EDOW

Symbol	Grade	Weight
CRM	B	-4.06%
JPM	A	-3.74%
CSCO	B	-3.67%
HON	B	-3.53%
AXP	A	-3.53%
CAT	B	-3.51%
TRV	B	-3.43%
WMT	A	-3.43%
V	A	-3.4%
HD	A	-3.34%
AAPL	C	-3.27%
UNH	C	-3.21%
IBM	C	-3.17%
MCD	D	-3.12%
PG	A	-3.12%
MSFT	F	-3.06%
MMM	D	-3.05%
VZ	C	-3.02%
SHW	A	-2.95%
JNJ	D	-2.94%
KO	D	-2.8%
AMGN	D	-2.75%
MRK	F	-2.67%