FTQI vs. NXTI ETF Comparison

Comparison of First Trust Low Beta Income ETF (FTQI) to Simplify Next Intangible Core Index ETF (NXTI)

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

144,980

Number of Holdings ^*

195

* may have additional holdings in another (foreign) market

NXTI

Simplify Next Intangible Core Index ETF

NXTI Description

NXTI targets US companies with relatively high intangible capital-to-book assets ratios within their respective sectors. The fund defines intangible capital as productive assets that lack physical presence and are created through investments in brand, knowledge, and organization capital. The index construction starts by calculating a ratio of intangible capital-to-book assets for each security in an initial universe consisting of the largest 2000 US companies by market-cap. The 200 stocks with the highest intangible capital-to-book assets ratio are selected for inclusion. At least five stocks are included from each of the 13 sectors determined by the index provider using a combination of SIC and NAICS codes along with data from publicly available 10-K filings. Constituents are weighted by market capitalization, with individual security weights capped at 5%. The index reconstitutes quarterly.

Grade (RS Rating)

Last Trade

$29.58

Average Daily Volume

463

Number of Holdings ^*

197

* may have additional holdings in another (foreign) market

Performance

Period	FTQI	NXTI
30 Days	1.38%	2.04%
60 Days	3.43%	4.90%
90 Days	6.00%	8.14%
12 Months	18.49%

41 Overlapping Holdings

Symbol	Grade	Weight in FTQI	Weight in NXTI	Overlap
A	F	0.34%	0.26%	0.26%
ACGL	D	0.05%	0.14%	0.05%
ADBE	D	1.22%	2.94%	1.22%
ALNY	D	0.12%	1.07%	0.12%
APLS	F	0.01%	0.12%	0.01%
APP	A	0.52%	0.54%	0.52%
AXP	B	0.15%	0.77%	0.15%
CL	D	0.19%	0.55%	0.19%
CSCO	B	1.56%	2.73%	1.56%
CYTK	D	0.13%	0.2%	0.13%
DOCU	B	0.09%	0.18%	0.09%
DUOL	A	0.48%	0.14%	0.14%
EBAY	D	0.17%	0.33%	0.17%
EXPE	B	0.22%	0.14%	0.14%
FFIV	B	0.2%	0.17%	0.17%
GEV	A	0.05%	0.66%	0.05%
INCY	C	0.19%	0.46%	0.19%
INTU	B	1.32%	2.08%	1.32%
LOW	C	0.12%	0.59%	0.12%
MANH	D	0.2%	0.19%	0.19%
MDGL	C	0.17%	0.2%	0.17%
META	C	4.15%	5.28%	4.15%
MSI	B	0.22%	0.91%	0.22%
MTD	F	0.11%	0.18%	0.11%
NBIX	C	0.21%	0.4%	0.21%
NOW	B	0.46%	2.29%	0.46%
NTAP	C	0.79%	0.29%	0.29%
NTRA	A	0.2%	0.45%	0.2%
PEP	F	1.45%	1.02%	1.02%
PGR	B	0.14%	0.56%	0.14%
PH	B	0.14%	0.39%	0.14%
SRPT	F	0.01%	0.43%	0.01%
STX	D	0.38%	0.26%	0.26%
TSCO	D	0.28%	0.11%	0.11%
TW	A	0.05%	0.11%	0.05%
ULTA	F	0.14%	0.16%	0.14%
VMC	B	0.13%	0.23%	0.13%
WAT	C	0.13%	0.14%	0.13%
WMT	A	0.39%	5.09%	0.39%
XOM	B	0.15%	3.43%	0.15%
ZBRA	B	0.37%	0.23%	0.23%

FTQI Overweight 154 Positions Relative to NXTI

Symbol	Grade	Weight
AAPL	C	9.03%
MSFT	D	8.03%
NVDA	A	5.22%
AMZN	B	4.39%
AVGO	C	4.07%
TSLA	A	3.05%
COST	A	2.64%
NFLX	A	2.4%
GOOG	B	1.87%
GOOGL	B	1.87%
TMUS	B	1.78%
TXN	C	1.54%
AMD	F	1.45%
EQIX	A	1.25%
LIN	D	1.19%
QCOM	F	1.11%
CME	A	0.96%
LLY	F	0.9%
ORCL	A	0.75%
CHKP	D	0.72%
SPGI	D	0.6%
CRM	B	0.58%
APH	B	0.58%
MGEE	A	0.58%
UFPI	C	0.51%
PTC	B	0.5%
LNT	A	0.49%
CASY	A	0.43%
TYL	B	0.4%
BGC	C	0.39%
CG	B	0.37%
NDAQ	A	0.36%
WFRD	F	0.31%
IESC	A	0.31%
ANET	C	0.29%
PAGP	A	0.29%
BCPC	B	0.29%
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	F	0.25%
UMBF	B	0.24%
CYBR	A	0.24%
V	A	0.24%
UPST	B	0.24%
IDCC	B	0.24%
COIN	A	0.24%
STRL	A	0.24%
MTSI	B	0.23%
HOOD	A	0.23%
ERIE	F	0.22%
RVMD	B	0.22%
PTEN	C	0.22%
COKE	C	0.2%
PODD	B	0.2%
DJT	C	0.2%
MPWR	F	0.2%
SAIA	C	0.2%
NTRS	A	0.19%
FCNCA	A	0.18%
AAON	B	0.18%
HBAN	B	0.18%
REG	A	0.18%
NOVT	D	0.18%
ZION	B	0.18%
ICUI	D	0.18%
UTHR	C	0.18%
MKSI	C	0.18%
CHRW	B	0.18%
TRMB	B	0.18%
VRNS	D	0.18%
OLLI	D	0.18%
GH	B	0.17%
CINF	A	0.17%
DOX	D	0.17%
SSNC	C	0.17%
ABBV	F	0.17%
OLED	F	0.17%
LECO	C	0.16%
WIX	A	0.16%
MASI	B	0.16%
ARGX	B	0.16%
ITRI	B	0.16%
JAZZ	C	0.16%
MUSA	B	0.16%
PCVX	D	0.16%
BNTX	C	0.16%
FITB	B	0.16%
WTW	B	0.16%
LSTR	D	0.15%
CAT	C	0.15%
POOL	D	0.15%
JBHT	C	0.15%
FRPT	A	0.14%
RMD	C	0.14%
BSY	D	0.14%
ETN	B	0.14%
ENSG	D	0.14%
HALO	F	0.14%
CHDN	C	0.14%
MKTX	D	0.13%
TECH	F	0.13%
MIDD	D	0.13%
SFM	A	0.13%
MRUS	F	0.13%
VEEV	C	0.13%
RGLD	C	0.13%
TTEK	F	0.13%
GE	D	0.12%
VKTX	F	0.12%
LANC	D	0.12%
KRYS	C	0.12%
TWST	F	0.12%
ROIV	D	0.12%
UFPT	C	0.11%
WM	B	0.11%
SHOO	D	0.11%
TROW	B	0.1%
MMYT	B	0.09%
BL	C	0.09%
LOGI	F	0.09%
HOLX	D	0.09%
TRMD	D	0.09%
CRVL	A	0.09%
CVLT	B	0.08%
CSWI	A	0.07%
BMRN	F	0.06%
ASND	F	0.05%
NWSA	B	0.05%
CVCO	A	0.04%
APA	F	0.03%
QRVO	F	0.03%
RGEN	F	0.02%
OKTA	D	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%
LNTH	F	0.01%
XRAY	D	0.01%
EXAS	D	0.01%
RPRX	F	0.01%

FTQI Underweight 156 Positions Relative to NXTI

Symbol	Grade	Weight
BRK.A	B	-4.18%
MA	B	-3.02%
IBM	C	-2.28%
UNH	C	-2.16%
HD	A	-1.6%
PANW	B	-1.5%
KO	D	-1.23%
IDXX	F	-1.04%
UBER	F	-1.04%
DELL	B	-1.03%
PLTR	A	-0.99%
SNPS	C	-0.95%
SPOT	B	-0.93%
HON	B	-0.91%
PM	A	-0.9%
BKNG	A	-0.88%
CDNS	B	-0.87%
NKE	F	-0.82%
WDAY	C	-0.81%
UPS	C	-0.79%
FTNT	B	-0.77%
BX	A	-0.77%
AMAT	F	-0.74%
ADSK	B	-0.72%
TGT	B	-0.67%
TEAM	A	-0.61%
WMB	A	-0.59%
ABNB	D	-0.58%
FICO	B	-0.57%
CTAS	B	-0.55%
DDOG	A	-0.54%
LRCX	F	-0.53%
TT	A	-0.52%
EA	A	-0.5%
ORLY	B	-0.49%
ITW	B	-0.49%
ALGN	D	-0.47%
CTSH	C	-0.47%
MMM	D	-0.47%
D	C	-0.46%
HPQ	B	-0.45%
FDX	B	-0.44%
MMC	D	-0.43%
DASH	A	-0.42%
INSM	C	-0.39%
NET	B	-0.38%
KR	B	-0.37%
SHW	C	-0.36%
CI	D	-0.36%
ELV	F	-0.36%
ECL	D	-0.35%
TRGP	A	-0.34%
HUBS	B	-0.34%
MPC	D	-0.33%
ZS	B	-0.33%
ED	C	-0.32%
PAYX	B	-0.32%
PEN	B	-0.32%
VST	A	-0.32%
GDDY	A	-0.31%
KMB	C	-0.31%
GWW	B	-0.31%
CMI	A	-0.3%
HSIC	C	-0.3%
CDW	F	-0.3%
ITCI	B	-0.29%
CVS	F	-0.29%
PINS	F	-0.29%
EXEL	B	-0.29%
IOT	A	-0.28%
BKR	B	-0.25%
AJG	B	-0.25%
IT	C	-0.24%
AFL	C	-0.24%
RDDT	A	-0.24%
MDB	C	-0.24%
SNAP	D	-0.23%
VLTO	C	-0.23%
NWS	A	-0.22%
AMP	A	-0.22%
MNST	C	-0.22%
TRV	A	-0.22%
IONS	F	-0.22%
NTNX	B	-0.21%
BPMC	C	-0.2%
AIG	C	-0.2%
CVNA	A	-0.19%
DT	C	-0.19%
INSP	F	-0.19%
ALL	A	-0.19%
PSTG	F	-0.19%
SMMT	D	-0.19%
TOST	A	-0.19%
BBIO	F	-0.18%
FAST	B	-0.18%
EL	F	-0.18%
PRU	B	-0.18%
DD	D	-0.18%
BBY	D	-0.18%
NRG	B	-0.17%
KEYS	C	-0.17%
CACI	C	-0.16%
OTIS	C	-0.16%
GWRE	A	-0.16%
SYY	D	-0.16%
JNPR	D	-0.16%
GIS	F	-0.16%
HUM	D	-0.15%
RARE	F	-0.15%
CORT	C	-0.15%
ILMN	C	-0.15%
HSY	F	-0.15%
ROL	B	-0.15%
BAH	D	-0.15%
CBRE	B	-0.15%
LYV	A	-0.15%
DECK	A	-0.14%
ALKS	C	-0.14%
WSM	D	-0.14%
BURL	A	-0.14%
NI	A	-0.14%
AXSM	B	-0.14%
XYL	D	-0.14%
CNC	F	-0.13%
HIG	B	-0.13%
CLX	A	-0.13%
DOV	B	-0.12%
AVY	D	-0.12%
EXPD	D	-0.12%
K	B	-0.12%
FOLD	F	-0.12%
TER	F	-0.12%
MTCH	F	-0.12%
PPG	F	-0.12%
BRO	B	-0.12%
GTLB	B	-0.11%
TGTX	B	-0.11%
IOVA	F	-0.11%
RL	C	-0.11%
NYT	D	-0.11%
LII	A	-0.11%
PCOR	C	-0.11%
DKNG	B	-0.1%
APPF	C	-0.1%
AMED	F	-0.1%
ACI	C	-0.1%
TXT	D	-0.1%
GPC	F	-0.1%
DNLI	C	-0.1%
APTV	F	-0.1%
CHWY	B	-0.09%
DYN	F	-0.09%
RS	B	-0.09%
WING	D	-0.08%
DLB	F	-0.04%
LNW	F	-0.04%