AIEQ vs. FRI ETF Comparison

Comparison of AI Powered Equity ETF (AIEQ) to First Trust S&P REIT Index Fund (FRI)

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

$40.63

Average Daily Volume

6,838

Number of Holdings ^*

136

* may have additional holdings in another (foreign) market

FRI

First Trust S&P REIT Index Fund

FRI 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 S&P United States REIT Index. 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 index is a subset of the S&P Developed REIT Index, which measures the performance of more than 200 REITs or REIT-like structures in 15 developed markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$29.13

Average Daily Volume

90,441

Number of Holdings ^*

128

* may have additional holdings in another (foreign) market

Performance

Period	AIEQ	FRI
30 Days	5.91%	0.21%
60 Days	11.78%	-2.31%
90 Days	12.57%	5.00%
12 Months	33.85%	25.88%

2 Overlapping Holdings

	Symbol	Grade	Weight in AIEQ	Weight in FRI	Overlap
	HST	C	1.04%	1.06%	1.04%
	RHP	B	0.48%	0.57%	0.48%

AIEQ Overweight 134 Positions Relative to FRI

Symbol	Grade	Weight
NVDA	B	4.03%
AMZN	A	3.86%
INTC	C	3.62%
AVGO	C	3.53%
GOOGL	B	3.49%
GS	B	3.38%
NKE	F	2.74%
CRWD	B	2.72%
ISRG	A	2.62%
DIS	B	2.47%
ELV	F	2.46%
VRTX	B	2.37%
APH	B	2.21%
CVX	B	2.12%
FI	A	2.11%
BA	F	1.98%
PLTR	B	1.95%
VST	B	1.68%
CHTR	B	1.4%
FANG	D	1.38%
UPS	C	1.36%
SNOW	C	1.25%
EMR	A	1.24%
EW	D	1.09%
APP	B	1.03%
LVS	C	1.0%
ZS	B	0.96%
F	C	0.95%
TDG	B	0.95%
LPLA	B	0.94%
DXCM	C	0.93%
DASH	A	0.9%
FSLR	F	0.89%
RCL	A	0.88%
TEAM	B	0.86%
BIIB	F	0.8%
EL	F	0.79%
HPE	B	0.77%
HWM	A	0.77%
SQ	B	0.76%
WSM	F	0.73%
QRVO	F	0.68%
DFS	B	0.66%
LYB	F	0.65%
ENPH	F	0.64%
STLD	B	0.64%
GPC	D	0.62%
LNG	B	0.59%
CSL	B	0.59%
UHS	D	0.59%
GRMN	A	0.56%
MGM	D	0.56%
OKTA	C	0.55%
PSTG	D	0.54%
LII	B	0.51%
XPO	B	0.49%
ETSY	C	0.47%
LLY	F	0.45%
HRB	D	0.39%
FCNCA	B	0.39%
SFM	B	0.39%
AOS	F	0.38%
IEX	B	0.38%
GNRC	B	0.36%
AAP	D	0.35%
CTLT	D	0.35%
SNX	C	0.35%
KBR	B	0.34%
FN	B	0.33%
RH	C	0.32%
ESTC	C	0.3%
GL	B	0.3%
HOG	F	0.29%
EXP	B	0.29%
HALO	B	0.29%
BWXT	A	0.29%
NVT	B	0.27%
APA	F	0.26%
TECH	B	0.24%
GFS	C	0.24%
RYAN	A	0.24%
FLR	C	0.24%
LNTH	F	0.24%
TTC	F	0.23%
VKTX	D	0.21%
BPMC	B	0.21%
OSK	B	0.21%
MTSI	B	0.2%
BSY	F	0.2%
HLI	B	0.19%
SEE	C	0.19%
COOP	B	0.19%
CMC	B	0.19%
MAN	F	0.18%
NBIX	C	0.18%
ACI	C	0.18%
CHRD	F	0.18%
LNC	B	0.18%
CNX	B	0.18%
GMED	B	0.17%
DCI	A	0.17%
EEFT	C	0.17%
SUM	C	0.16%
POWI	C	0.16%
DINO	D	0.16%
HAE	B	0.16%
TENB	C	0.16%
FIVN	C	0.15%
MUR	F	0.15%
RIVN	D	0.15%
TREX	C	0.15%
TDW	F	0.15%
JAZZ	B	0.14%
OMF	A	0.14%
ST	F	0.14%
PRGO	C	0.14%
ORA	C	0.14%
ITCI	C	0.14%
CIVI	F	0.13%
CHE	D	0.13%
TKR	F	0.13%
LPX	B	0.12%
HP	C	0.12%
MSA	D	0.11%
VVV	B	0.11%
SM	C	0.11%
AM	B	0.1%
EXPO	D	0.1%
NOG	B	0.1%
GATX	A	0.09%
WFRD	D	0.07%
CFLT	B	0.07%
CHX	D	0.06%
RIG	D	0.05%

AIEQ Underweight 126 Positions Relative to FRI

Symbol	Grade	Weight
PLD	D	-8.87%
EQIX	B	-7.12%
WELL	B	-6.51%
DLR	C	-4.5%
SPG	B	-4.48%
PSA	C	-4.31%
O	D	-4.18%
EXR	D	-2.87%
IRM	D	-2.83%
VICI	D	-2.74%
AVB	A	-2.69%
VTR	C	-2.2%
EQR	C	-2.05%
INVH	D	-1.6%
ESS	C	-1.59%
MAA	C	-1.51%
ARE	F	-1.48%
KIM	A	-1.38%
DOC	C	-1.32%
SUI	D	-1.3%
GLPI	D	-1.13%
UDR	C	-1.09%
ELS	C	-1.08%
CPT	C	-1.05%
WPC	F	-1.02%
REG	A	-1.0%
BXP	D	-0.99%
LAMR	D	-0.98%
AMH	C	-0.96%
CUBE	D	-0.89%
OHI	C	-0.86%
REXR	F	-0.79%
FRT	C	-0.72%
EGP	C	-0.72%
BRX	A	-0.72%
NNN	F	-0.64%
ADC	A	-0.62%
VNO	C	-0.61%
FR	C	-0.59%
STAG	D	-0.58%
COLD	F	-0.56%
KRG	B	-0.5%
TRNO	D	-0.49%
EPRT	C	-0.47%
SLG	C	-0.44%
CTRE	C	-0.42%
CUZ	C	-0.4%
PECO	A	-0.4%
IRT	A	-0.38%
KRC	C	-0.36%
SBRA	C	-0.36%
MAC	B	-0.34%
CDP	C	-0.31%
SKT	B	-0.31%
APLE	B	-0.3%
HIW	D	-0.3%
IIPR	F	-0.29%
NHI	D	-0.28%
BNL	D	-0.28%
EPR	D	-0.28%
DEI	C	-0.26%
PK	B	-0.26%
NSA	D	-0.25%
LXP	C	-0.24%
MPW	F	-0.23%
UE	B	-0.23%
AKR	C	-0.22%
OUT	C	-0.21%
FCPT	C	-0.21%
IVT	B	-0.2%
ROIC	A	-0.19%
EQC	C	-0.18%
SHO	C	-0.18%
DRH	B	-0.16%
LTC	B	-0.14%
JBGS	F	-0.13%
ELME	D	-0.13%
GTY	B	-0.13%
XHR	B	-0.13%
GNL	D	-0.13%
PEB	D	-0.13%
VRE	B	-0.12%
ALEX	B	-0.12%
RLJ	B	-0.12%
UNIT	C	-0.12%
ESRT	D	-0.12%
PDM	D	-0.11%
UMH	C	-0.11%
DEA	D	-0.11%
AAT	C	-0.11%
AIV	C	-0.1%
NTST	F	-0.1%
CSR	C	-0.09%
PGRE	B	-0.08%
BDN	D	-0.08%
NXRT	C	-0.08%
PLYM	F	-0.07%
INN	C	-0.06%
GOOD	B	-0.06%
AHH	D	-0.06%
UHT	D	-0.05%
SVC	F	-0.05%
GMRE	D	-0.05%
DHC	F	-0.05%
WSR	A	-0.05%
HPP	F	-0.05%
OLP	B	-0.04%
LAND	F	-0.04%
CHCT	C	-0.04%
BFS	C	-0.04%
ALX	D	-0.04%
PKST	D	-0.04%
FPI	B	-0.04%
PSTL	B	-0.03%
CBL	B	-0.03%
CTO	C	-0.03%
CLDT	B	-0.03%
BRT	C	-0.02%
PINE	D	-0.02%
NXDT	D	-0.02%
ILPT	D	-0.02%
CIO	D	-0.02%
OPI	F	-0.01%
MDV	C	-0.01%
FSP	C	-0.01%
BHR	B	-0.01%