FTHI vs. QQEW ETF Comparison

Comparison of First Trust High Income ETF (FTHI) to First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW)

FTHI

First Trust High Income ETF

FTHI Description

The investment seeks current income; capital appreciation is a secondary objective. The fund will pursue its objectives by investing in large cap equity securities listed on U.S. exchanges and by utilizing an "option strategy" consisting of writing (selling) U.S. exchange-traded covered call options on the Standard & Poor's 500(c) Index (the "index"). The market value of the option strategy may be up to 20% of the fund's overall net asset value. The equity securities in which the fund will invest and the options which the fund will write will be limited to U.S. exchange-traded securities and options. It is non-diversified.

Grade (RS Rating)

Last Trade

$23.48

Average Daily Volume

196,583

Number of Holdings ^*

164

* may have additional holdings in another (foreign) market

QQEW

First Trust NASDAQ-100 Equal Weighted Index Fund

QQEW 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 NASDAQ-100 Equal Weighted Index(SM). 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 NASDAQ-100 Equal Weighted Index(SM) is the equal-weighted version of the NASDAQ-100 Index(R) which includes 100 of the largest non-financial securities listed on NASDAQ(R) based on market capitalization. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$127.34

Average Daily Volume

55,811

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	FTHI	QQEW
30 Days	1.09%	0.18%
60 Days	3.24%	2.08%
90 Days	4.69%	3.11%
12 Months	18.02%	18.68%

30 Overlapping Holdings

Symbol	Grade	Weight in FTHI	Weight in QQEW	Overlap
AAPL	C	5.59%	0.96%	0.96%
ADBE	F	0.44%	0.97%	0.44%
ADP	B	0.34%	1.05%	0.34%
AMAT	F	0.33%	0.93%	0.33%
AMD	F	0.5%	0.85%	0.5%
AMGN	F	0.33%	0.84%	0.33%
AMZN	B	3.89%	1.06%	1.06%
AVGO	C	1.77%	0.96%	0.96%
BKNG	A	0.36%	1.17%	0.36%
CCEP	D	0.96%	0.93%	0.93%
COST	B	0.82%	0.98%	0.82%
GILD	B	0.5%	1.05%	0.5%
GOOG	B	1.88%	0.52%	0.52%
GOOGL	B	2.23%	0.52%	0.52%
HON	A	0.29%	1.09%	0.29%
INTU	B	0.41%	1.04%	0.41%
ISRG	A	0.36%	1.06%	0.36%
LIN	D	0.42%	0.92%	0.42%
MDLZ	F	0.08%	0.85%	0.08%
META	C	2.61%	0.99%	0.99%
MSFT	D	6.49%	0.94%	0.94%
NFLX	A	0.68%	1.15%	0.68%
NVDA	B	6.64%	1.21%	1.21%
PAYX	B	0.21%	1.05%	0.21%
PEP	F	0.44%	0.93%	0.44%
QCOM	F	0.35%	0.93%	0.35%
TMUS	A	0.29%	1.14%	0.29%
TSLA	A	1.29%	1.25%	1.25%
TXN	B	0.38%	0.97%	0.38%
XEL	A	0.18%	1.03%	0.18%

FTHI Overweight 134 Positions Relative to QQEW

Symbol	Grade	Weight
BRK.A	A	1.7%
BXMT	D	1.62%
SLG	B	1.53%
JPM	A	1.37%
LLY	F	1.25%
JXN	B	1.22%
UNH	B	1.1%
V	A	1.0%
XOM	B	1.0%
CRNX	C	0.99%
UL	D	0.97%
VST	A	0.95%
MA	A	0.87%
HD	A	0.86%
MO	A	0.86%
LADR	B	0.86%
PG	C	0.77%
CALM	A	0.75%
ABBV	F	0.74%
BRBR	A	0.73%
WMT	A	0.68%
INGR	B	0.64%
PTVE	C	0.62%
CRM	B	0.61%
IDA	A	0.56%
CCI	C	0.55%
BAC	A	0.54%
MRK	F	0.53%
ALSN	A	0.53%
ORCL	A	0.52%
NVS	D	0.51%
EXP	B	0.49%
CVLT	B	0.48%
KO	D	0.48%
WFC	A	0.47%
SLM	A	0.47%
MEDP	D	0.46%
MDT	D	0.46%
DELL	B	0.46%
BMY	B	0.45%
SFM	B	0.45%
TOL	B	0.45%
HLI	B	0.44%
INSM	D	0.44%
IDCC	A	0.44%
DTM	A	0.44%
PPC	B	0.43%
CAT	B	0.43%
EWBC	A	0.42%
MMC	C	0.42%
UMBF	B	0.42%
TMO	F	0.41%
ITW	B	0.41%
ARES	B	0.41%
NOW	A	0.41%
SCCO	F	0.4%
DECK	A	0.4%
USFD	B	0.39%
EHC	B	0.39%
STNG	F	0.39%
SLVM	B	0.38%
AM	A	0.38%
LANC	D	0.38%
IBM	D	0.37%
CME	A	0.37%
BAH	D	0.35%
T	A	0.35%
GE	D	0.35%
PM	A	0.35%
FNF	C	0.34%
HESM	A	0.34%
FTI	A	0.34%
VZ	C	0.34%
KRC	C	0.33%
GS	A	0.33%
KNSL	B	0.33%
WSO	A	0.33%
DHR	F	0.33%
RTX	D	0.33%
SBRA	C	0.32%
SPGI	C	0.32%
TJX	A	0.31%
DUK	C	0.31%
IIPR	F	0.3%
MATX	B	0.3%
PSA	C	0.3%
AMT	D	0.3%
VEEV	C	0.3%
LOW	A	0.3%
UNP	D	0.3%
MGEE	A	0.29%
LOPE	B	0.29%
GAP	C	0.28%
BKU	A	0.28%
NVO	F	0.27%
LMT	D	0.27%
GGG	A	0.27%
REYN	D	0.27%
DHT	D	0.27%
PFE	F	0.27%
ATR	B	0.25%
CVX	A	0.25%
COP	B	0.24%
SBLK	D	0.24%
O	D	0.24%
CNA	C	0.23%
NEE	D	0.23%
PFGC	B	0.22%
OTTR	C	0.22%
AMH	C	0.22%
EQIX	A	0.21%
SO	C	0.2%
CL	C	0.2%
FLO	D	0.2%
CVBF	A	0.19%
NEU	D	0.18%
MUSA	A	0.18%
OGN	F	0.17%
GEV	B	0.17%
MSI	A	0.16%
KAR	A	0.15%
WEC	A	0.15%
EXR	C	0.14%
SFNC	B	0.14%
BX	A	0.13%
NHI	D	0.12%
TGT	C	0.11%
ELV	F	0.1%
GIS	D	0.08%
D	C	0.08%
BDX	F	0.07%
AJG	A	0.05%
SPG	A	0.05%
SYK	A	0.05%

FTHI Underweight 71 Positions Relative to QQEW

Symbol	Grade	Weight
TEAM	B	-1.47%
LULU	C	-1.21%
DASH	A	-1.19%
MRVL	B	-1.18%
FTNT	B	-1.18%
TTWO	A	-1.17%
ZS	B	-1.16%
CHTR	B	-1.15%
WBD	B	-1.15%
BKR	A	-1.15%
EA	A	-1.13%
PCAR	B	-1.12%
ODFL	B	-1.11%
MAR	A	-1.11%
PANW	B	-1.11%
FAST	B	-1.11%
DDOG	B	-1.1%
INTC	C	-1.1%
ADSK	B	-1.1%
CRWD	B	-1.1%
TTD	B	-1.1%
PDD	F	-1.08%
CSCO	B	-1.07%
CPRT	A	-1.07%
PYPL	A	-1.07%
ORLY	B	-1.06%
CDNS	B	-1.06%
MU	D	-1.05%
MNST	B	-1.05%
WDAY	C	-1.05%
VRSK	B	-1.04%
SNPS	C	-1.04%
CMCSA	B	-1.04%
ILMN	C	-1.04%
GFS	C	-1.04%
DXCM	C	-1.02%
ANSS	B	-1.02%
CTAS	B	-1.02%
CTSH	B	-1.02%
MDB	C	-1.01%
VRTX	C	-1.0%
SBUX	A	-0.99%
CSX	B	-0.98%
ABNB	C	-0.98%
FANG	C	-0.97%
ROP	C	-0.97%
ARM	F	-0.94%
NXPI	F	-0.93%
LRCX	F	-0.93%
CSGP	F	-0.93%
ON	F	-0.92%
EXC	C	-0.91%
ADI	D	-0.9%
ROST	D	-0.89%
DLTR	F	-0.88%
AEP	C	-0.88%
GEHC	D	-0.88%
KHC	F	-0.87%
KDP	F	-0.86%
MELI	D	-0.86%
CEG	D	-0.85%
ASML	F	-0.84%
KLAC	F	-0.82%
MCHP	F	-0.82%
AZN	F	-0.8%
IDXX	F	-0.8%
BIIB	F	-0.79%
CDW	F	-0.77%
REGN	F	-0.66%
MRNA	F	-0.58%
SMCI	F	-0.38%