FTQI vs. FNX ETF Comparison

Comparison of First Trust Low Beta Income ETF (FTQI) to First Trust Mid Cap Core AlphaDEX (FNX)

FTQI

First Trust Low Beta Income ETF

FTQI Description

The investment seeks to provide current income. The fund will pursue its objective by investing in large cap equity securities listed on U.S. exchanges and by utilizing an "option strategy" consisting of buying U.S. exchange-traded put options on the Standard & Poor's 500(c) Index (the "index") and writing (selling) U.S. exchange-traded covered call options on 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 buy and write will be limited to U.S. exchange-traded securities and options. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$20.34

Average Daily Volume

120,543

Number of Holdings ^*

194

* may have additional holdings in another (foreign) market

FNX

First Trust Mid Cap Core AlphaDEX

FNX 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 Defined Mid Cap Core Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P MidCap 400(R) Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$115.49

Average Daily Volume

26,331

Number of Holdings ^*

439

* may have additional holdings in another (foreign) market

Performance

Period	FTQI	FNX
30 Days	0.30%	1.76%
60 Days	1.00%	2.63%
90 Days	1.16%	6.95%
12 Months	16.10%	24.00%

54 Overlapping Holdings

Symbol	Grade	Weight in FTQI	Weight in FNX	Overlap
AAON	B	0.13%	0.31%	0.13%
ACLS	F	0.14%	0.15%	0.14%
APA	F	0.32%	0.29%	0.29%
APP	B	0.19%	0.46%	0.19%
BCPC	C	0.28%	0.08%	0.08%
CASY	D	0.42%	0.36%	0.36%
CHDN	C	0.15%	0.22%	0.15%
COKE	C	0.2%	0.42%	0.2%
CRVL	B	0.08%	0.17%	0.08%
CVLT	B	0.07%	0.35%	0.07%
DUOL	B	0.37%	0.16%	0.16%
ENSG	C	0.15%	0.35%	0.15%
EVRG	A	0.25%	0.33%	0.25%
EWBC	C	0.22%	0.23%	0.22%
FFIV	A	0.18%	0.09%	0.09%
FRPT	B	0.13%	0.39%	0.13%
HALO	B	0.19%	0.42%	0.19%
HOOD	C	0.16%	0.34%	0.16%
JAZZ	D	0.14%	0.29%	0.14%
LANC	D	0.12%	0.07%	0.07%
LNT	A	0.48%	0.25%	0.25%
LNTH	C	0.14%	0.37%	0.14%
LSTR	D	0.15%	0.07%	0.07%
MEDP	D	0.32%	0.3%	0.3%
MIDD	C	0.12%	0.23%	0.12%
MKSI	F	0.2%	0.18%	0.18%
MORN	C	0.26%	0.23%	0.23%
MTSI	D	0.2%	0.26%	0.2%
MUSA	C	0.17%	0.41%	0.17%
NTRA	B	0.17%	0.42%	0.17%
OLED	C	0.23%	0.21%	0.21%
OLLI	C	0.2%	0.36%	0.2%
OTTR	D	0.53%	0.13%	0.13%
PNFP	B	0.2%	0.25%	0.2%
PTEN	F	0.22%	0.28%	0.22%
REG	C	0.18%	0.09%	0.09%
REYN	C	0.01%	0.16%	0.01%
RGLD	B	0.14%	0.08%	0.08%
RVMD	C	0.17%	0.16%	0.16%
SAIA	D	0.17%	0.06%	0.06%
SFM	B	0.1%	0.44%	0.1%
SOFI	C	0.15%	0.08%	0.08%
SRPT	F	0.13%	0.29%	0.13%
TECH	C	0.14%	0.07%	0.07%
TTEK	C	0.15%	0.41%	0.15%
TW	A	0.05%	0.32%	0.05%
UFPI	C	0.47%	0.3%	0.3%
UMBF	B	0.2%	0.18%	0.18%
UTHR	C	0.17%	0.31%	0.17%
VRNS	C	0.2%	0.24%	0.2%
WFRD	F	0.37%	0.27%	0.27%
WWD	D	0.25%	0.35%	0.25%
XRAY	D	0.15%	0.07%	0.07%
ZION	D	0.14%	0.23%	0.14%

FTQI Overweight 140 Positions Relative to FNX

Symbol	Grade	Weight
AAPL	D	9.13%
MSFT	C	8.44%
NVDA	D	4.75%
AVGO	C	4.41%
AMZN	C	4.32%
META	A	4.19%
COST	C	2.72%
TSLA	C	2.23%
NFLX	B	2.05%
ADBE	D	1.75%
AMD	F	1.73%
GOOGL	D	1.71%
GOOG	D	1.7%
PEP	C	1.65%
TMUS	C	1.56%
TXN	C	1.53%
CSCO	B	1.38%
INTU	D	1.27%
LIN	B	1.27%
EQIX	B	1.24%
QCOM	D	1.21%
LLY	C	1.18%
CME	C	0.95%
CHKP	C	0.81%
NTAP	D	0.8%
ORCL	B	0.68%
SPGI	B	0.64%
APH	D	0.54%
MGEE	B	0.5%
CRM	D	0.46%
PTC	D	0.46%
ICLR	D	0.43%
NOW	A	0.41%
TYL	C	0.4%
STX	D	0.4%
A	C	0.37%
WMT	B	0.37%
AMT	C	0.35%
SNY	C	0.35%
BGC	B	0.35%
NDAQ	B	0.34%
ZBRA	B	0.33%
MPWR	C	0.33%
SBAC	C	0.31%
PAGP	D	0.3%
TRMD	C	0.29%
TSCO	C	0.29%
CG	C	0.29%
BMRN	F	0.28%
ANET	B	0.28%
ERIE	A	0.28%
NBIX	F	0.23%
CL	C	0.23%
CYBR	D	0.22%
PCVX	B	0.22%
V	B	0.22%
MSI	C	0.2%
MANH	B	0.2%
ABBV	C	0.2%
ICUI	B	0.19%
IESC	C	0.19%
PODD	B	0.18%
BNTX	C	0.18%
EBAY	B	0.18%
IDCC	B	0.18%
NOVT	D	0.18%
EXPE	C	0.17%
LITE	B	0.17%
CHRW	B	0.17%
STRL	B	0.17%
SSNC	B	0.17%
DOX	C	0.17%
QRVO	F	0.17%
WTW	B	0.16%
INCY	C	0.16%
AXON	B	0.16%
EXAS	C	0.16%
JBHT	D	0.15%
HBAN	B	0.15%
CYTK	F	0.15%
FITB	B	0.15%
FCNCA	D	0.15%
POOL	C	0.15%
TRMB	C	0.15%
GH	D	0.15%
ACHC	C	0.15%
BSY	D	0.15%
ASND	C	0.15%
RMD	C	0.15%
ULTA	D	0.15%
CINF	B	0.15%
TWST	D	0.15%
VKTX	C	0.15%
NTRS	B	0.15%
ARGX	C	0.15%
LECO	F	0.14%
WIX	D	0.14%
AXP	B	0.14%
ALNY	B	0.14%
PGR	A	0.14%
MDGL	F	0.14%
XOM	D	0.14%
VEEV	C	0.14%
MRUS	D	0.14%
APLS	F	0.14%
ITRI	C	0.14%
KRYS	D	0.14%
RPRX	C	0.14%
MKTX	C	0.13%
UPST	C	0.13%
TMDX	C	0.13%
MTD	D	0.13%
COIN	F	0.13%
LEGN	F	0.13%
CAT	C	0.13%
GE	B	0.12%
VMC	D	0.12%
PH	B	0.12%
LOW	B	0.12%
WAT	C	0.12%
ETN	C	0.12%
DJT	F	0.12%
WM	D	0.11%
LOGI	D	0.11%
MASI	D	0.11%
UFPT	C	0.11%
SHOO	B	0.11%
HOLX	B	0.1%
MMYT	B	0.09%
TROW	D	0.09%
BL	D	0.08%
DOCU	C	0.07%
ACGL	B	0.06%
CSWI	B	0.06%
OKTA	F	0.05%
CVCO	B	0.04%
NWSA	D	0.04%
GEV	B	0.03%
RGEN	F	0.02%
RXST	C	0.02%

FTQI Underweight 385 Positions Relative to FNX

Symbol	Grade	Weight
MHO	B	-0.47%
MTH	B	-0.44%
TMHC	B	-0.43%
G	C	-0.43%
MOG.A	B	-0.42%
TPH	C	-0.42%
HRB	C	-0.42%
GPI	B	-0.42%
RUSHA	C	-0.42%
PSN	B	-0.42%
KBH	B	-0.42%
RNR	B	-0.41%
DVA	B	-0.41%
MTG	B	-0.41%
POST	C	-0.4%
RDN	B	-0.4%
INSM	D	-0.4%
ESNT	B	-0.4%
MOD	C	-0.4%
JXN	B	-0.4%
BCC	C	-0.4%
LBRDK	D	-0.4%
FIX	B	-0.4%
TAP	C	-0.39%
AMG	C	-0.39%
LAD	C	-0.39%
FMC	C	-0.39%
FYBR	C	-0.39%
CVNA	B	-0.39%
NFG	B	-0.39%
ESGR	D	-0.38%
ASO	C	-0.38%
BCO	B	-0.38%
HOG	C	-0.38%
EME	B	-0.38%
AVAV	D	-0.37%
GWRE	A	-0.36%
GL	C	-0.36%
AGO	C	-0.36%
UHS	B	-0.36%
CUZ	B	-0.36%
TOL	B	-0.36%
IBKR	B	-0.36%
MLI	B	-0.35%
BTU	D	-0.35%
SIG	C	-0.35%
SEB	C	-0.35%
MGY	C	-0.34%
DAR	F	-0.34%
ABG	F	-0.34%
PNW	B	-0.34%
VLY	C	-0.34%
WING	B	-0.34%
WTM	F	-0.34%
TXRH	D	-0.34%
COLB	B	-0.34%
THC	B	-0.34%
CMC	D	-0.33%
KRC	B	-0.33%
ALSN	B	-0.33%
AGCO	D	-0.33%
LBRT	D	-0.33%
NOG	D	-0.33%
TEX	D	-0.33%
BKH	B	-0.32%
BMI	B	-0.32%
R	B	-0.32%
RYAN	C	-0.32%
POR	B	-0.32%
CHK	D	-0.32%
KTB	B	-0.32%
PVH	F	-0.32%
COOP	B	-0.32%
OGS	B	-0.32%
BERY	B	-0.32%
ARMK	B	-0.32%
OGE	B	-0.32%
CW	B	-0.32%
SM	D	-0.32%
ATI	C	-0.32%
AL	D	-0.32%
HP	D	-0.31%
ONB	C	-0.31%
CLH	B	-0.31%
TKO	B	-0.31%
UNM	B	-0.31%
GKOS	D	-0.31%
SON	C	-0.31%
CADE	B	-0.31%
KD	D	-0.31%
DXC	C	-0.31%
MOS	F	-0.31%
BYD	C	-0.31%
ITGR	B	-0.31%
MUR	D	-0.3%
FSS	D	-0.3%
OVV	D	-0.3%
DINO	D	-0.3%
AIT	C	-0.3%
MTDR	D	-0.3%
BC	C	-0.3%
GMS	C	-0.3%
THO	D	-0.3%
HII	C	-0.3%
CNXC	D	-0.3%
NOV	D	-0.3%
LNW	B	-0.3%
MATX	C	-0.29%
ALK	C	-0.29%
CHRD	F	-0.29%
BWA	D	-0.29%
SANM	D	-0.29%
CVI	F	-0.29%
PII	D	-0.29%
PAG	D	-0.29%
RL	B	-0.29%
WBS	C	-0.29%
AN	D	-0.29%
TOST	B	-0.29%
EMN	B	-0.29%
ARW	C	-0.29%
MDU	B	-0.29%
BFAM	C	-0.28%
H	C	-0.28%
ANF	D	-0.28%
NXST	D	-0.28%
AEO	D	-0.28%
AVT	D	-0.28%
OZK	D	-0.28%
WCC	C	-0.28%
TKR	D	-0.28%
CZR	C	-0.27%
WAL	B	-0.27%
LNC	D	-0.27%
ABCB	B	-0.26%
SLGN	B	-0.26%
OHI	A	-0.26%
HQY	C	-0.26%
OSK	D	-0.26%
APG	D	-0.26%
SFBS	B	-0.26%
SSB	B	-0.26%
ADTN	F	-0.26%
LEA	D	-0.26%
DNB	C	-0.26%
VAL	F	-0.26%
APPF	D	-0.26%
PBF	F	-0.25%
URBN	D	-0.25%
SAIC	C	-0.25%
AIZ	B	-0.25%
RRC	D	-0.25%
NI	B	-0.25%
PB	B	-0.25%
KNF	B	-0.25%
NJR	B	-0.24%
AWI	B	-0.24%
PEGA	C	-0.24%
BOKF	B	-0.24%
ALLY	F	-0.24%
IDA	B	-0.24%
HOMB	B	-0.24%
CMA	B	-0.24%
CBT	B	-0.24%
MMSI	B	-0.24%
ORI	A	-0.24%
UBSI	B	-0.24%
BPMC	D	-0.23%
KNX	C	-0.23%
WTFC	B	-0.23%
ATKR	F	-0.23%
AYI	B	-0.23%
PRGO	D	-0.23%
DTM	B	-0.23%
PRI	B	-0.23%
AGNC	A	-0.23%
ATR	B	-0.23%
AXS	B	-0.23%
TPL	C	-0.23%
RYN	C	-0.23%
VRRM	D	-0.22%
SWX	C	-0.22%
FNB	D	-0.22%
SLM	C	-0.22%
DDS	D	-0.22%
LOPE	D	-0.22%
AXTA	C	-0.22%
XPO	D	-0.22%
GOLF	F	-0.22%
HWC	D	-0.22%
ASGN	D	-0.22%
FCN	C	-0.22%
NRG	C	-0.22%
SEIC	B	-0.22%
NYT	C	-0.22%
COLM	B	-0.22%
WTRG	D	-0.22%
ITT	C	-0.22%
BWXT	D	-0.22%
SKX	C	-0.21%
SNX	D	-0.21%
WSM	C	-0.21%
OWL	C	-0.21%
WU	D	-0.21%
FHN	D	-0.21%
CLF	F	-0.21%
AM	B	-0.21%
ASH	D	-0.2%
ELF	F	-0.2%
VNO	B	-0.2%
IOT	A	-0.2%
OMF	C	-0.2%
WHR	D	-0.2%
ENS	C	-0.2%
HCC	F	-0.19%
GAP	F	-0.19%
IONS	F	-0.19%
ESTC	F	-0.19%
CROX	C	-0.19%
ALTR	C	-0.19%
ONTO	F	-0.19%
OLN	D	-0.19%
HGV	D	-0.19%
BECN	D	-0.19%
SKY	B	-0.19%
HLNE	B	-0.18%
JLL	B	-0.18%
EXLS	C	-0.17%
SMAR	B	-0.17%
M	F	-0.17%
HAS	B	-0.17%
LPX	B	-0.17%
IPGP	F	-0.17%
TFX	C	-0.17%
JEF	B	-0.17%
RIG	F	-0.17%
EPRT	A	-0.17%
EXEL	B	-0.17%
INGR	A	-0.17%
FAF	B	-0.17%
EHC	B	-0.16%
AFG	B	-0.16%
SNV	C	-0.16%
BPOP	C	-0.16%
IAC	C	-0.16%
FOUR	C	-0.16%
CACI	B	-0.16%
ITCI	D	-0.16%
IRT	B	-0.16%
PFGC	B	-0.16%
EXPO	B	-0.16%
IP	B	-0.16%
TDW	F	-0.16%
USFD	B	-0.16%
AMKR	F	-0.16%
PLNT	A	-0.16%
GPK	B	-0.16%
CPT	B	-0.16%
UDR	B	-0.16%
MAT	C	-0.16%
AXSM	C	-0.16%
MMS	D	-0.15%
NCLH	C	-0.15%
GT	F	-0.15%
IBP	C	-0.15%
SUM	C	-0.15%
UGI	C	-0.15%
BRBR	B	-0.15%
GATX	D	-0.15%
FUL	D	-0.15%
RGA	B	-0.15%
ESAB	C	-0.15%
ORA	C	-0.15%
CRUS	D	-0.15%
ACA	C	-0.15%
AVNT	B	-0.15%
VOYA	A	-0.15%
HSIC	C	-0.15%
LAMR	A	-0.15%
RLI	B	-0.15%
KAI	C	-0.15%
CWST	D	-0.15%
EEFT	D	-0.14%
CACC	D	-0.14%
KWR	D	-0.14%
SIGI	C	-0.14%
LFUS	D	-0.14%
BLD	D	-0.14%
RHI	D	-0.14%
KEX	C	-0.14%
DCI	D	-0.14%
GXO	D	-0.14%
OGN	D	-0.14%
DKS	D	-0.14%
SEM	D	-0.14%
FIZZ	D	-0.13%
WMS	D	-0.13%
MSA	C	-0.13%
SMPL	D	-0.13%
AR	D	-0.12%
PR	D	-0.12%
CNM	F	-0.12%
INFA	D	-0.12%
WYNN	D	-0.12%
GNTX	F	-0.12%
MHK	B	-0.1%
AFRM	C	-0.1%
BBWI	F	-0.1%
KRG	B	-0.09%
KNSL	C	-0.09%
BRX	B	-0.09%
CUBE	B	-0.09%
FFIN	B	-0.09%
CCK	A	-0.09%
EXP	B	-0.09%
ADC	C	-0.09%
BOX	B	-0.09%
AAP	F	-0.09%
CFLT	F	-0.09%
TPX	C	-0.08%
KMX	D	-0.08%
CFR	C	-0.08%
MAC	B	-0.08%
STWD	A	-0.08%
S	C	-0.08%
IVZ	C	-0.08%
RBC	C	-0.08%
GNRC	D	-0.08%
NEU	D	-0.08%
BLKB	B	-0.08%
MSGS	B	-0.08%
BXMT	C	-0.08%
EGP	B	-0.08%
CBSH	C	-0.08%
RRX	C	-0.08%
ALKS	C	-0.08%
ZWS	B	-0.08%
SITE	D	-0.08%
NVST	D	-0.08%
HLI	B	-0.08%
EVR	B	-0.08%
PCH	C	-0.08%
CIEN	C	-0.08%
NNN	B	-0.08%
GBCI	B	-0.08%
WDFC	B	-0.08%
THG	A	-0.08%
PFSI	B	-0.08%
BJ	D	-0.07%
WMG	D	-0.07%
ESI	D	-0.07%
MSTR	D	-0.07%
HUN	D	-0.07%
SEE	D	-0.07%
TNET	D	-0.07%
FLS	D	-0.07%
ALIT	D	-0.07%
AOS	C	-0.07%
TPR	C	-0.07%
VMI	D	-0.07%
NEOG	C	-0.07%
YETI	D	-0.07%
MAN	C	-0.07%
SF	A	-0.07%
HRI	C	-0.07%
AZEK	C	-0.07%
NSIT	C	-0.07%
CHH	C	-0.07%
FLO	C	-0.07%
FLR	D	-0.07%
AES	C	-0.07%
CR	C	-0.07%
GTLS	F	-0.06%
MARA	F	-0.06%
LYFT	D	-0.06%
VNT	D	-0.06%
AEIS	D	-0.06%
SAM	F	-0.06%
HAE	D	-0.06%
CAR	F	-0.05%
IRTC	F	-0.05%
AMR	F	-0.05%
ALGM	F	-0.05%
CIVI	F	-0.05%
CELH	F	-0.04%