FTQI vs. QLD ETF Comparison

Comparison of First Trust Low Beta Income ETF (FTQI) to ProShares Ultra QQQ (QLD)

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

118,077

Number of Holdings ^*

194

* may have additional holdings in another (foreign) market

QLD

ProShares Ultra QQQ

QLD Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the NASDAQ-100 Index®. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times (2x) the daily return of the index. The index, a modified market capitalization-weighted index, includes 100 of the largest non-financial domestic and international issues listed on the NASDAQ Stock Market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$98.32

Average Daily Volume

3,560,268

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	FTQI	QLD
30 Days	2.49%	-1.08%
60 Days	1.14%	-2.22%
90 Days	2.51%	-1.77%
12 Months	20.30%	66.34%

20 Overlapping Holdings

Symbol	Grade	Weight in FTQI	Weight in QLD	Overlap
AAPL	C	9.13%	6.54%	6.54%
ADBE	F	1.75%	1.29%	1.29%
AMD	D	1.73%	1.2%	1.2%
AMZN	C	4.32%	3.68%	3.68%
AVGO	C	4.41%	3.63%	3.63%
COST	B	2.72%	1.98%	1.98%
CSCO	B	1.38%	0.98%	0.98%
GOOG	D	1.7%	1.64%	1.64%
GOOGL	D	1.71%	1.7%	1.7%
INTU	C	1.27%	0.89%	0.89%
LIN	B	1.27%	1.11%	1.11%
META	A	4.19%	3.42%	3.42%
MSFT	C	8.44%	6.03%	6.03%
NFLX	B	2.05%	1.45%	1.45%
NVDA	D	4.75%	5.51%	4.75%
PEP	D	1.65%	1.2%	1.2%
QCOM	F	1.21%	0.92%	0.92%
TMUS	C	1.56%	1.15%	1.15%
TSLA	C	2.23%	2.11%	2.11%
TXN	C	1.53%	0.91%	0.91%

FTQI Overweight 174 Positions Relative to QLD

Symbol	Grade	Weight
EQIX	B	1.24%
LLY	C	1.18%
CME	C	0.95%
CHKP	A	0.81%
NTAP	D	0.8%
ORCL	B	0.68%
SPGI	A	0.64%
APH	C	0.54%
OTTR	D	0.53%
MGEE	B	0.5%
LNT	B	0.48%
UFPI	C	0.47%
CRM	D	0.46%
PTC	D	0.46%
ICLR	D	0.43%
CASY	D	0.42%
NOW	A	0.41%
TYL	C	0.4%
STX	C	0.4%
DUOL	A	0.37%
A	C	0.37%
WFRD	F	0.37%
WMT	B	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	D	0.32%
APA	F	0.32%
SBAC	C	0.31%
PAGP	C	0.3%
TRMD	D	0.29%
TSCO	C	0.29%
CG	D	0.29%
BMRN	F	0.28%
ANET	A	0.28%
BCPC	C	0.28%
ERIE	B	0.28%
MORN	B	0.26%
WWD	C	0.25%
EVRG	B	0.25%
OLED	C	0.23%
NBIX	F	0.23%
CL	C	0.23%
CYBR	C	0.22%
PCVX	C	0.22%
EWBC	D	0.22%
PTEN	F	0.22%
V	C	0.22%
MTSI	D	0.2%
MSI	B	0.2%
MANH	A	0.2%
MKSI	F	0.2%
VRNS	C	0.2%
OLLI	C	0.2%
ABBV	C	0.2%
PNFP	A	0.2%
UMBF	B	0.2%
COKE	C	0.2%
ICUI	B	0.19%
HALO	C	0.19%
APP	B	0.19%
IESC	C	0.19%
PODD	B	0.18%
BNTX	C	0.18%
EBAY	B	0.18%
IDCC	B	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	A	0.17%
RVMD	C	0.17%
STRL	B	0.17%
SSNC	B	0.17%
UTHR	C	0.17%
NTRA	B	0.17%
DOX	C	0.17%
QRVO	F	0.17%
WTW	C	0.16%
INCY	C	0.16%
HOOD	C	0.16%
AXON	A	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%
CHDN	D	0.15%
POOL	D	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	F	0.15%
ULTA	D	0.15%
CINF	C	0.15%
TWST	D	0.15%
TTEK	C	0.15%
ENSG	C	0.15%
VKTX	C	0.15%
NTRS	B	0.15%
XRAY	D	0.15%
ARGX	C	0.15%
LECO	F	0.14%
WIX	D	0.14%
RGLD	B	0.14%
AXP	B	0.14%
ALNY	C	0.14%
ZION	D	0.14%
PGR	A	0.14%
ACLS	F	0.14%
MDGL	F	0.14%
TECH	D	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	D	0.14%
LNTH	D	0.14%
JAZZ	D	0.14%
MKTX	C	0.13%
AAON	A	0.13%
UPST	C	0.13%
FRPT	B	0.13%
TMDX	C	0.13%
MTD	D	0.13%
COIN	F	0.13%
LEGN	F	0.13%
CAT	B	0.13%
SRPT	D	0.13%
GE	A	0.12%
VMC	D	0.12%
PH	A	0.12%
LOW	A	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	D	0.11%
UFPT	A	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	B	0.06%
CSWI	B	0.06%
TW	B	0.05%
OKTA	F	0.05%
CVCO	B	0.04%
NWSA	D	0.04%
GEV	B	0.03%
RGEN	F	0.02%
RXST	C	0.02%
REYN	B	0.01%

FTQI Underweight 81 Positions Relative to QLD

Symbol	Grade	Weight
AMGN	B	-0.88%
ISRG	C	-0.86%
AMAT	D	-0.76%
CMCSA	D	-0.75%
HON	D	-0.66%
BKNG	B	-0.64%
VRTX	D	-0.61%
REGN	C	-0.61%
ADP	B	-0.56%
PANW	C	-0.55%
SBUX	C	-0.55%
ADI	C	-0.55%
MELI	B	-0.51%
LRCX	F	-0.5%
MU	F	-0.5%
GILD	B	-0.5%
KLAC	D	-0.5%
MDLZ	C	-0.49%
CTAS	C	-0.41%
INTC	F	-0.41%
SNPS	D	-0.37%
CDNS	D	-0.36%
PYPL	B	-0.36%
ASML	F	-0.36%
PDD	F	-0.32%
MRVL	C	-0.32%
MAR	C	-0.32%
CSX	D	-0.32%
ORLY	D	-0.32%
CRWD	D	-0.29%
FTNT	B	-0.29%
ROP	C	-0.29%
CEG	A	-0.29%
NXPI	D	-0.29%
ADSK	C	-0.28%
WDAY	D	-0.27%
AEP	C	-0.27%
MNST	D	-0.26%
DASH	B	-0.25%
KDP	B	-0.25%
ROST	C	-0.25%
ABNB	D	-0.25%
CPRT	D	-0.24%
PAYX	C	-0.24%
PCAR	D	-0.24%
AZN	D	-0.23%
CHTR	D	-0.23%
TTD	B	-0.22%
MCHP	D	-0.21%
KHC	C	-0.21%
FAST	C	-0.2%
GEHC	C	-0.2%
IDXX	D	-0.2%
ODFL	D	-0.2%
CTSH	C	-0.19%
EA	D	-0.19%
VRSK	D	-0.19%
EXC	B	-0.19%
XEL	B	-0.18%
CCEP	B	-0.18%
DDOG	D	-0.17%
CSGP	D	-0.16%
BKR	C	-0.16%
FANG	D	-0.15%
ON	F	-0.15%
MRNA	F	-0.15%
LULU	D	-0.15%
ANSS	D	-0.14%
BIIB	F	-0.14%
CDW	D	-0.14%
SMCI	F	-0.13%
TTWO	D	-0.13%
TEAM	D	-0.13%
DXCM	F	-0.13%
ZS	F	-0.12%
MDB	D	-0.11%
GFS	F	-0.11%
ILMN	C	-0.1%
ARM	C	-0.08%
WBD	D	-0.08%
DLTR	F	-0.07%