FTQI vs. GVIP ETF Comparison

Comparison of First Trust Low Beta Income ETF (FTQI) to Goldman Sachs Hedge Industry VIP ETF (GVIP)

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

$20.60

Average Daily Volume

119,737

Number of Holdings ^*

194

* may have additional holdings in another (foreign) market

GVIP

Goldman Sachs Hedge Industry VIP ETF

GVIP Description

The Goldman Sachs Hedge Industry VIP ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs Hedge Fund VIP Index.

Grade (RS Rating)

Last Trade

$118.38

Average Daily Volume

6,462

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FTQI	GVIP
30 Days	1.63%	3.80%
60 Days	2.29%	7.61%
90 Days	2.51%	6.70%
12 Months	18.50%	37.03%

18 Overlapping Holdings

Symbol	Grade	Weight in FTQI	Weight in GVIP	Overlap
AAPL	C	9.13%	1.88%	1.88%
ADBE	F	1.75%	1.83%	1.75%
AMD	D	1.73%	2.06%	1.73%
AMZN	C	4.32%	2.11%	2.11%
AVGO	C	4.41%	1.98%	1.98%
CRM	D	0.46%	1.92%	0.46%
FCNCA	D	0.15%	1.84%	0.15%
GE	B	0.12%	2.06%	0.12%
GEV	B	0.03%	2.48%	0.03%
GOOGL	D	1.71%	1.91%	1.71%
LLY	C	1.18%	1.87%	1.18%
META	B	4.19%	1.96%	1.96%
MSFT	C	8.44%	2.01%	2.01%
NFLX	B	2.05%	2.05%	2.05%
NTRA	C	0.17%	2.06%	0.17%
NVDA	D	4.75%	1.88%	1.88%
PGR	B	0.14%	2.11%	0.14%
V	C	0.22%	2.15%	0.22%

FTQI Overweight 176 Positions Relative to GVIP

Symbol	Grade	Weight
COST	B	2.72%
TSLA	C	2.23%
GOOG	D	1.7%
PEP	C	1.65%
TMUS	C	1.56%
TXN	C	1.53%
CSCO	C	1.38%
INTU	C	1.27%
LIN	B	1.27%
EQIX	C	1.24%
QCOM	D	1.21%
CME	C	0.95%
CHKP	B	0.81%
NTAP	D	0.8%
ORCL	C	0.68%
SPGI	B	0.64%
APH	D	0.54%
OTTR	F	0.53%
MGEE	B	0.5%
LNT	B	0.48%
UFPI	C	0.47%
PTC	D	0.46%
ICLR	D	0.43%
CASY	D	0.42%
NOW	B	0.41%
TYL	C	0.4%
STX	C	0.4%
DUOL	B	0.37%
A	C	0.37%
WFRD	F	0.37%
WMT	C	0.37%
AMT	C	0.35%
SNY	B	0.35%
BGC	B	0.35%
NDAQ	A	0.34%
ZBRA	B	0.33%
MPWR	C	0.33%
MEDP	F	0.32%
APA	F	0.32%
SBAC	C	0.31%
PAGP	C	0.3%
TRMD	C	0.29%
TSCO	C	0.29%
CG	D	0.29%
BMRN	F	0.28%
ANET	B	0.28%
BCPC	C	0.28%
ERIE	B	0.28%
MORN	C	0.26%
WWD	D	0.25%
EVRG	B	0.25%
OLED	C	0.23%
NBIX	F	0.23%
CL	D	0.23%
CYBR	D	0.22%
PCVX	C	0.22%
EWBC	D	0.22%
PTEN	F	0.22%
MTSI	D	0.2%
MSI	B	0.2%
MANH	B	0.2%
MKSI	F	0.2%
VRNS	C	0.2%
OLLI	C	0.2%
ABBV	C	0.2%
PNFP	B	0.2%
UMBF	B	0.2%
COKE	C	0.2%
ICUI	B	0.19%
HALO	C	0.19%
APP	C	0.19%
IESC	D	0.19%
PODD	B	0.18%
BNTX	C	0.18%
EBAY	B	0.18%
IDCC	C	0.18%
FFIV	B	0.18%
NOVT	D	0.18%
REG	C	0.18%
EXPE	C	0.17%
LITE	B	0.17%
SAIA	D	0.17%
MUSA	D	0.17%
CHRW	B	0.17%
RVMD	C	0.17%
STRL	B	0.17%
SSNC	B	0.17%
UTHR	C	0.17%
DOX	C	0.17%
QRVO	F	0.17%
WTW	C	0.16%
INCY	C	0.16%
HOOD	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%
CHDN	C	0.15%
POOL	C	0.15%
TRMB	C	0.15%
SOFI	C	0.15%
GH	D	0.15%
ACHC	C	0.15%
BSY	D	0.15%
ASND	C	0.15%
RMD	C	0.15%
LSTR	D	0.15%
ULTA	D	0.15%
CINF	C	0.15%
TWST	D	0.15%
TTEK	C	0.15%
ENSG	B	0.15%
VKTX	C	0.15%
NTRS	A	0.15%
XRAY	D	0.15%
ARGX	C	0.15%
LECO	F	0.14%
WIX	D	0.14%
RGLD	C	0.14%
AXP	B	0.14%
ALNY	C	0.14%
ZION	D	0.14%
ACLS	F	0.14%
MDGL	F	0.14%
TECH	C	0.14%
XOM	C	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%
LNTH	D	0.14%
JAZZ	D	0.14%
MKTX	C	0.13%
AAON	B	0.13%
UPST	C	0.13%
FRPT	B	0.13%
TMDX	D	0.13%
MTD	D	0.13%
COIN	F	0.13%
LEGN	F	0.13%
CAT	B	0.13%
SRPT	D	0.13%
VMC	D	0.12%
PH	B	0.12%
LOW	B	0.12%
WAT	C	0.12%
ETN	C	0.12%
DJT	F	0.12%
LANC	D	0.12%
MIDD	D	0.12%
WM	D	0.11%
LOGI	D	0.11%
MASI	F	0.11%
UFPT	B	0.11%
SHOO	B	0.11%
SFM	B	0.1%
HOLX	C	0.1%
MMYT	B	0.09%
TROW	D	0.09%
BL	D	0.08%
CRVL	B	0.08%
DOCU	C	0.07%
CVLT	B	0.07%
ACGL	C	0.06%
CSWI	B	0.06%
TW	B	0.05%
OKTA	F	0.05%
CVCO	A	0.04%
NWSA	D	0.04%
RGEN	D	0.02%
RXST	C	0.02%
REYN	C	0.01%

FTQI Underweight 30 Positions Relative to GVIP

Symbol	Grade	Weight
CZR	C	-2.23%
SN	B	-2.23%
APO	C	-2.14%
WDAY	D	-2.14%
TDG	B	-2.12%
MELI	B	-2.1%
MA	B	-2.09%
KKR	B	-2.08%
WDC	D	-2.06%
BABA	B	-2.05%
ALIT	D	-2.04%
IAC	C	-2.03%
BRK.A	C	-2.0%
SPOT	B	-1.97%
HUBS	D	-1.96%
THC	A	-1.96%
AER	B	-1.96%
UBER	C	-1.95%
HCP	B	-1.94%
ET	B	-1.93%
EDR	A	-1.93%
UNH	C	-1.92%
LBRDK	F	-1.91%
TEVA	C	-1.91%
JPM	D	-1.91%
TSM	C	-1.89%
HES	F	-1.88%
INSM	D	-1.88%
ACI	F	-1.76%
X	F	-1.65%