EDOW vs. AGQI ETF Comparison
Comparison of First Trust Dow 30 Equal Weight ETF (EDOW) to First Trust Active Global Quality Income ETF (AGQI)
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
$37.65
Average Daily Volume
20,431
30
AGQI
First Trust Active Global Quality Income ETF
AGQI Description
AGQI aims to hold a global basket of income-producing equities of companies that can maintain or grow dividends without compromising their financial stability. Equity securities include common and preferred stocks, depositary receipts, and real estate investment trusts. The fund invests in US and non-US issuers, holding at least 40% of its assets outside the US, with up to 20% allocated in emerging markets. The fund uses a fundamental approach to select dividend-paying companies with quality income, meaning they can provide stable and growing dividends. Eligible companies are assessed based on ROE and/or ROIC, financial leverage ratio, and dividend payout ratio. The resulting portfolio may have a large-cap tilt, although the fund invests in companies of any market capitalization. On November 21, 2023, the ETF acquired all assets and liabilities of the First Trust Dynamic Europe Equity Income Fund (ticker: FDEU), which had about $220 million in assets, morphing the closed-end fund into an ETF.Grade (RS Rating)
Last Trade
$14.04
Average Daily Volume
8,379
13
Performance
| Period | EDOW | AGQI |
|---|---|---|
| 30 Days | 5.97% | -1.93% |
| 60 Days | 4.70% | -4.92% |
| 90 Days | 7.69% | -3.53% |
| 12 Months | 23.54% | 10.20% |
EDOW Overweight 24 Positions Relative to AGQI
| Symbol | Grade | Weight | |
|---|---|---|---|
| NVDA | C | 4.16% | |
| CRM | B | 4.06% | |
| DIS | B | 4.01% | |
| GS | B | 3.86% | |
| JPM | B | 3.74% | |
| CSCO | A | 3.67% | |
| CVX | B | 3.64% | |
| AXP | A | 3.53% | |
| CAT | B | 3.51% | |
| AMZN | C | 3.45% | |
| TRV | B | 3.43% | |
| WMT | B | 3.43% | |
| V | A | 3.4% | |
| AAPL | B | 3.27% | |
| UNH | B | 3.21% | |
| IBM | C | 3.17% | |
| MCD | D | 3.12% | |
| MMM | D | 3.05% | |
| BA | D | 2.96% | |
| NKE | F | 2.95% | |
| SHW | A | 2.95% | |
| JNJ | D | 2.94% | |
| AMGN | D | 2.75% | |
| MRK | F | 2.67% |
EDOW: Top Represented Industries & Keywords
AGQI: Top Represented Industries & Keywords
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