FTQI vs. MGC ETF Comparison

Comparison of First Trust Low Beta Income ETF (FTQI) to Vanguard Mega Cap ETF (MGC)

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

$20.91

Average Daily Volume

181,406

Number of Holdings ^*

195

* may have additional holdings in another (foreign) market

MGC

Vanguard Mega Cap ETF

MGC Description

The investment seeks to track the performance of a benchmark index that measures the investment return of large-capitalization stocks in the United States. The fund employs an indexing investment approach designed to track the performance of the CRSP US Mega Cap Index. The index is a free-float-adjusted, market-capitalization-weighted index designed to measure equity market performance of mega-capitalization stocks. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$214.45

Average Daily Volume

66,120

Number of Holdings ^*

193

* may have additional holdings in another (foreign) market

Performance

Period	FTQI	MGC
30 Days	2.45%	2.84%
60 Days	3.28%	4.35%
90 Days	5.53%	5.93%
12 Months	18.20%	33.19%

43 Overlapping Holdings

Symbol	Grade	Weight in FTQI	Weight in MGC	Overlap
AAPL	C	9.03%	8.16%	8.16%
ABBV	D	0.17%	0.9%	0.17%
ADBE	C	1.22%	0.53%	0.53%
AMD	F	1.45%	0.58%	0.58%
AMT	D	0.27%	0.25%	0.25%
AMZN	C	4.39%	4.4%	4.39%
ANET	C	0.29%	0.24%	0.24%
AVGO	D	4.07%	1.98%	1.98%
AXP	A	0.15%	0.34%	0.15%
CAT	B	0.15%	0.46%	0.15%
CL	D	0.19%	0.19%	0.19%
CME	A	0.96%	0.2%	0.2%
COST	B	2.64%	0.97%	0.97%
CRM	B	0.58%	0.67%	0.58%
CSCO	B	1.56%	0.5%	0.5%
EQIX	A	1.25%	0.22%	0.22%
ETN	A	0.14%	0.33%	0.14%
GE	D	0.12%	0.44%	0.12%
GEV	B	0.05%	0.1%	0.05%
GOOG	C	1.87%	2.06%	1.87%
GOOGL	C	1.87%	2.49%	1.87%
INTU	C	1.32%	0.41%	0.41%
LIN	D	1.19%	0.54%	0.54%
LLY	F	0.9%	1.77%	0.9%
LOW	D	0.12%	0.37%	0.12%
META	D	4.15%	3.1%	3.1%
MSFT	F	8.03%	7.55%	7.55%
NFLX	A	2.4%	0.81%	0.81%
NOW	A	0.46%	0.48%	0.46%
NVDA	C	5.22%	7.76%	5.22%
ORCL	B	0.75%	0.69%	0.69%
PEP	F	1.45%	0.57%	0.57%
PGR	A	0.14%	0.36%	0.14%
PH	A	0.14%	0.2%	0.14%
QCOM	F	1.11%	0.45%	0.45%
SPGI	C	0.6%	0.38%	0.38%
TMUS	B	1.78%	0.26%	0.26%
TSLA	B	3.05%	1.7%	1.7%
TXN	C	1.54%	0.46%	0.46%
V	A	0.24%	1.21%	0.24%
WM	A	0.11%	0.22%	0.11%
WMT	A	0.39%	0.91%	0.39%
XOM	B	0.15%	1.3%	0.15%

FTQI Overweight 152 Positions Relative to MGC

Symbol	Grade	Weight
NTAP	C	0.79%
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%
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%
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%
DOX	D	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%
WTW	B	0.16%
LSTR	D	0.15%
POOL	C	0.15%
JBHT	C	0.15%
FRPT	B	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%
VKTX	F	0.12%
ALNY	D	0.12%
LANC	C	0.12%
KRYS	B	0.12%
TWST	D	0.12%
ROIV	C	0.12%
MTD	D	0.11%
UFPT	B	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%
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 150 Positions Relative to MGC

Symbol	Grade	Weight
BRK.A	B	-1.92%
JPM	A	-1.58%
UNH	C	-1.3%
MA	C	-1.03%
HD	A	-0.98%
PG	A	-0.97%
JNJ	D	-0.96%
BAC	A	-0.73%
CVX	A	-0.65%
MRK	F	-0.65%
KO	D	-0.63%
WFC	A	-0.55%
ACN	C	-0.54%
PM	B	-0.52%
TMO	F	-0.52%
MCD	D	-0.52%
ABT	B	-0.49%
IBM	C	-0.48%
ISRG	A	-0.45%
DIS	B	-0.44%
AMGN	D	-0.43%
CMCSA	B	-0.42%
NEE	D	-0.41%
GS	A	-0.41%
VZ	C	-0.4%
DHR	F	-0.4%
PFE	D	-0.4%
RTX	C	-0.4%
T	A	-0.4%
BKNG	A	-0.39%
AMAT	F	-0.37%
UBER	D	-0.36%
BLK	C	-0.35%
MS	A	-0.35%
UNP	C	-0.35%
LMT	D	-0.33%
HON	B	-0.33%
COP	C	-0.32%
TJX	A	-0.32%
SYK	C	-0.31%
VRTX	F	-0.31%
BSX	B	-0.31%
BX	A	-0.3%
MDT	D	-0.29%
C	A	-0.29%
PANW	C	-0.29%
ADP	B	-0.29%
MU	D	-0.28%
GILD	C	-0.28%
SBUX	A	-0.28%
ADI	D	-0.28%
BMY	B	-0.28%
FI	A	-0.28%
SCHW	B	-0.27%
MMC	B	-0.27%
CB	C	-0.27%
BA	F	-0.27%
PLD	D	-0.26%
DE	A	-0.26%
UPS	C	-0.25%
SO	D	-0.25%
ELV	F	-0.24%
LRCX	F	-0.24%
REGN	F	-0.23%
MDLZ	F	-0.23%
KKR	A	-0.23%
NKE	D	-0.23%
MO	A	-0.23%
CI	F	-0.22%
DUK	C	-0.22%
ICE	C	-0.22%
KLAC	D	-0.22%
INTC	D	-0.21%
TT	A	-0.21%
SNPS	B	-0.2%
PYPL	B	-0.2%
SHW	A	-0.2%
NOC	D	-0.19%
PNC	B	-0.19%
USB	A	-0.19%
CDNS	B	-0.19%
AON	A	-0.19%
CMG	B	-0.19%
MCO	B	-0.18%
MMM	D	-0.18%
CVS	D	-0.18%
ZTS	D	-0.18%
ITW	B	-0.18%
ORLY	B	-0.17%
BDX	F	-0.17%
GD	F	-0.17%
CRWD	B	-0.17%
APD	A	-0.17%
EOG	A	-0.17%
TGT	F	-0.17%
ECL	D	-0.16%
FCX	D	-0.16%
HCA	F	-0.16%
MCK	B	-0.16%
CSX	B	-0.16%
MAR	B	-0.15%
AFL	B	-0.15%
COF	B	-0.15%
FDX	B	-0.15%
ADSK	A	-0.15%
EMR	A	-0.15%
BRK.A	B	-0.14%
BK	A	-0.14%
TRV	B	-0.14%
NSC	B	-0.14%
SLB	C	-0.14%
GM	B	-0.14%
ROP	B	-0.14%
TFC	A	-0.14%
PSX	C	-0.13%
PSA	D	-0.13%
AEP	D	-0.13%
SRE	A	-0.13%
ABNB	C	-0.13%
ROST	C	-0.12%
MET	A	-0.12%
CCI	D	-0.12%
MPC	D	-0.12%
WDAY	B	-0.12%
PAYX	C	-0.11%
KMB	D	-0.11%
STZ	D	-0.1%
VLO	C	-0.1%
F	C	-0.1%
RSG	A	-0.1%
DELL	C	-0.09%
MRVL	B	-0.09%
KDP	D	-0.09%
MNST	C	-0.09%
CHTR	C	-0.08%
HUM	C	-0.08%
WMB	A	-0.08%
OXY	D	-0.08%
SPG	B	-0.07%
KHC	F	-0.07%
HLT	A	-0.07%
KMI	A	-0.06%
FTNT	C	-0.06%
AIG	B	-0.06%
D	C	-0.06%
JCI	C	-0.06%
AZO	C	-0.06%
EW	C	-0.05%
SNOW	C	-0.04%
EL	F	-0.02%