FTQI vs. LOWV ETF Comparison

Comparison of First Trust Low Beta Income ETF (FTQI) to AB US Low Volatility Equity ETF (LOWV)

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

$20.89

Average Daily Volume

181,406

Number of Holdings ^*

195

* may have additional holdings in another (foreign) market

LOWV

AB US Low Volatility Equity ETF

LOWV Description

The fund is an actively-managed exchange-traded fund ("ETF"). The adviser seeks to achieve the fund"s investment objective by investing, under normal circumstances, at least 80% of its net assets in the equity securities of U.S. companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$71.64

Average Daily Volume

7,408

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FTQI	LOWV
30 Days	2.45%	1.62%
60 Days	3.28%	2.39%
90 Days	5.53%	4.17%
12 Months	18.20%	24.87%

24 Overlapping Holdings

Symbol	Grade	Weight in FTQI	Weight in LOWV	Overlap
AAPL	C	9.03%	3.95%	3.95%
ABBV	D	0.17%	2.05%	0.17%
ADBE	C	1.22%	1.41%	1.22%
AMZN	C	4.39%	1.91%	1.91%
AVGO	D	4.07%	3.28%	3.28%
CL	D	0.19%	0.54%	0.19%
CRM	B	0.58%	0.33%	0.33%
DOX	D	0.17%	1.14%	0.17%
ETN	A	0.14%	0.66%	0.14%
GOOG	C	1.87%	4.91%	1.87%
INTU	C	1.32%	1.7%	1.32%
LLY	F	0.9%	0.89%	0.89%
META	D	4.15%	1.64%	1.64%
MSFT	F	8.03%	8.14%	8.03%
NOW	A	0.46%	1.17%	0.46%
NTAP	C	0.79%	0.74%	0.74%
NVDA	C	5.22%	2.24%	2.24%
ORCL	B	0.75%	2.33%	0.75%
PGR	A	0.14%	0.79%	0.14%
SPGI	C	0.6%	0.41%	0.41%
V	A	0.24%	1.96%	0.24%
WMT	A	0.39%	0.82%	0.39%
WTW	B	0.16%	0.79%	0.16%
XOM	B	0.15%	0.66%	0.15%

FTQI Overweight 171 Positions Relative to LOWV

Symbol	Grade	Weight
TSLA	B	3.05%
COST	B	2.64%
NFLX	A	2.4%
GOOGL	C	1.87%
TMUS	B	1.78%
CSCO	B	1.56%
TXN	C	1.54%
AMD	F	1.45%
PEP	F	1.45%
EQIX	A	1.25%
LIN	D	1.19%
QCOM	F	1.11%
CME	A	0.96%
CHKP	D	0.72%
APH	A	0.58%
MGEE	C	0.58%
APP	B	0.52%
UFPI	B	0.51%
PTC	A	0.5%
LNT	A	0.49%
DUOL	A	0.48%
CASY	A	0.43%
TYL	B	0.4%
BGC	C	0.39%
STX	D	0.38%
ZBRA	B	0.37%
CG	A	0.37%
NDAQ	A	0.36%
A	D	0.34%
WFRD	D	0.31%
IESC	B	0.31%
ANET	C	0.29%
PAGP	A	0.29%
BCPC	B	0.29%
TSCO	D	0.28%
SBAC	D	0.28%
SNY	F	0.28%
MORN	B	0.28%
EWBC	A	0.28%
PNFP	B	0.27%
OTTR	C	0.27%
MEDP	D	0.27%
AMT	D	0.27%
EVRG	A	0.26%
SOFI	A	0.26%
WWD	B	0.25%
LITE	B	0.25%
AXON	A	0.25%
ICLR	D	0.25%
UMBF	B	0.24%
CYBR	B	0.24%
UPST	B	0.24%
IDCC	A	0.24%
COIN	C	0.24%
STRL	B	0.24%
MTSI	B	0.23%
HOOD	B	0.23%
MSI	B	0.22%
ERIE	D	0.22%
RVMD	C	0.22%
PTEN	C	0.22%
EXPE	B	0.22%
NBIX	C	0.21%
COKE	C	0.2%
PODD	C	0.2%
NTRA	B	0.2%
MANH	D	0.2%
DJT	C	0.2%
MPWR	F	0.2%
FFIV	B	0.2%
SAIA	B	0.2%
INCY	C	0.19%
NTRS	A	0.19%
FCNCA	A	0.18%
AAON	B	0.18%
HBAN	A	0.18%
REG	B	0.18%
NOVT	D	0.18%
ZION	B	0.18%
ICUI	D	0.18%
UTHR	C	0.18%
MKSI	C	0.18%
CHRW	C	0.18%
TRMB	B	0.18%
VRNS	D	0.18%
OLLI	D	0.18%
GH	B	0.17%
CINF	A	0.17%
MDGL	B	0.17%
SSNC	B	0.17%
EBAY	D	0.17%
OLED	D	0.17%
LECO	B	0.16%
WIX	B	0.16%
MASI	A	0.16%
ARGX	A	0.16%
ITRI	B	0.16%
JAZZ	B	0.16%
MUSA	A	0.16%
PCVX	D	0.16%
BNTX	D	0.16%
FITB	A	0.16%
LSTR	D	0.15%
CAT	B	0.15%
POOL	C	0.15%
AXP	A	0.15%
JBHT	C	0.15%
FRPT	B	0.14%
PH	A	0.14%
RMD	C	0.14%
BSY	D	0.14%
ENSG	D	0.14%
HALO	F	0.14%
CHDN	B	0.14%
ULTA	F	0.14%
MKTX	D	0.13%
TECH	D	0.13%
MIDD	C	0.13%
SFM	A	0.13%
MRUS	F	0.13%
WAT	B	0.13%
CYTK	F	0.13%
VEEV	C	0.13%
RGLD	C	0.13%
TTEK	F	0.13%
VMC	B	0.13%
GE	D	0.12%
VKTX	F	0.12%
ALNY	D	0.12%
LANC	C	0.12%
KRYS	B	0.12%
TWST	D	0.12%
ROIV	C	0.12%
LOW	D	0.12%
MTD	D	0.11%
UFPT	B	0.11%
WM	A	0.11%
SHOO	D	0.11%
TROW	B	0.1%
MMYT	B	0.09%
BL	B	0.09%
DOCU	A	0.09%
LOGI	D	0.09%
HOLX	D	0.09%
TRMD	F	0.09%
CRVL	A	0.09%
CVLT	B	0.08%
CSWI	A	0.07%
BMRN	D	0.06%
ASND	D	0.05%
NWSA	B	0.05%
ACGL	D	0.05%
TW	A	0.05%
GEV	B	0.05%
CVCO	A	0.04%
APA	D	0.03%
QRVO	F	0.03%
RGEN	D	0.02%
OKTA	C	0.02%
REYN	D	0.01%
RXST	F	0.01%
TMDX	F	0.01%
ACHC	F	0.01%
LEGN	F	0.01%
ACLS	F	0.01%
APLS	D	0.01%
LNTH	D	0.01%
XRAY	F	0.01%
SRPT	D	0.01%
EXAS	D	0.01%
RPRX	D	0.01%

FTQI Underweight 50 Positions Relative to LOWV

Symbol	Grade	Weight
FI	A	-2.47%
UNH	C	-2.09%
PM	B	-1.91%
MCK	B	-1.74%
MRK	F	-1.73%
ADP	B	-1.73%
JPM	A	-1.59%
AZO	C	-1.49%
MMC	B	-1.34%
KO	D	-1.34%
AEP	D	-1.33%
GILD	C	-1.26%
CMCSA	B	-1.26%
BAC	A	-1.23%
MA	C	-1.18%
LHX	C	-1.14%
PG	A	-1.11%
CBOE	B	-1.1%
LULU	C	-1.08%
G	B	-1.06%
EG	C	-1.05%
SHW	A	-1.02%
ACM	A	-0.96%
CI	F	-0.96%
BKNG	A	-0.96%
NYT	C	-0.9%
EA	A	-0.89%
YUM	B	-0.89%
VRTX	F	-0.86%
MDT	D	-0.85%
RELX	C	-0.83%
GEN	B	-0.81%
AEE	A	-0.77%
PSA	D	-0.73%
LMT	D	-0.64%
DLB	B	-0.64%
MSCI	C	-0.63%
MTB	A	-0.61%
ADI	D	-0.6%
RGA	A	-0.6%
AMAT	F	-0.6%
LDOS	C	-0.55%
AFG	A	-0.5%
ORLY	B	-0.48%
TSM	B	-0.48%
PAYX	C	-0.46%
FR	C	-0.39%
NICE	C	-0.29%
TMO	F	-0.29%
VZ	C	-0.22%