BUFQ vs. IYZ ETF Comparison

Comparison of FT CBOE Vest Fund of Nasdaq-100 Buffer ETFs (BUFQ) to iShares U.S. Telecommunications ETF (IYZ)

BUFQ

FT CBOE Vest Fund of Nasdaq-100 Buffer ETFs

BUFQ Description

The fund seeks to achieve its investment objective by providing investors with large-cap equity market exposure while attempting to limit downside risk through a laddered portfolio of four FT Cboe Vest Nasdaq-100® Buffer ETFs. The Underlying ETFs invest substantially all of their assets in FLEX Options on QQQ. FLEX Options are customizable exchange-traded option contracts guaranteed for settlement by the Options Clearing Corporation. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$31.22

Average Daily Volume

138,358

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IYZ

iShares U.S. Telecommunications ETF

IYZ Description

The investment seeks to track the investment results of an index composed of U.S. equities in the telecommunications sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Select Telecommunications Index (the "underlying index"), which measures the performance of the telecommunications sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.33

Average Daily Volume

743,242

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BUFQ	IYZ
30 Days	1.92%	6.40%
60 Days	4.82%	13.98%
90 Days	5.23%	20.72%
12 Months	19.20%	30.66%

0 Overlapping Holdings

	Symbol	Grade	Weight in BUFQ	Weight in IYZ	Overlap

BUFQ Overweight 4 Positions Relative to IYZ

Symbol	Grade	Weight
QDEC	A	25.13%
QMAR	A	25.0%
QJUN	A	24.93%
QSPT	A	24.93%

BUFQ Underweight 19 Positions Relative to IYZ

Symbol	Grade	Weight
CSCO	A	-17.43%
VZ	C	-12.7%
T	A	-11.88%
LBRDK	C	-4.78%
ANET	C	-4.69%
CMCSA	B	-4.57%
LITE	A	-4.57%
CIEN	B	-4.45%
UI	B	-4.39%
TMUS	A	-4.39%
CHTR	B	-4.17%
MSI	B	-3.94%
IRDM	C	-3.61%
ROKU	C	-3.47%
JNPR	D	-3.43%
FYBR	D	-3.26%
LBTYA	F	-1.72%
LBTYK	F	-1.71%
LBRDA	C	-0.71%

BUFQ: Top Represented Industries & Keywords

Industries:

Keywords: Invesco Exchange Traded Funds Chicago Board Options Exchange Communication Services SPDR ETF Exchange Traded Fund Investment Management Investor Nasdaq 100 Synthetic Replication

IYZ: Top Represented Industries & Keywords

Industries: Pay TV Communication Equipment Telecom Services Computer Systems