FTQI vs. QWLD ETF Comparison

Comparison of First Trust Low Beta Income ETF (FTQI) to SPDR MSCI World Quality Mix ETF (QWLD)

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

QWLD

SPDR MSCI World Quality Mix ETF

QWLD Description

The investment seeks to track the performance of the MSCI World Quality Mix Index. The index captures large-and mid-cap representation across 24 developed countries and aims to represent the performance of value, low volatility, and quality factor strategies. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in American Depositary Receipts ("ADRs") or Global Depositary Receipts ("GDRs") based on securities comprising the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$127.71

Average Daily Volume

4,840

Number of Holdings ^*

605

* may have additional holdings in another (foreign) market

Performance

Period	FTQI	QWLD
30 Days	2.49%	0.84%
60 Days	1.14%	3.37%
90 Days	2.51%	6.17%
12 Months	20.30%	26.50%

106 Overlapping Holdings

Symbol	Grade	Weight in FTQI	Weight in QWLD	Overlap
A	C	0.37%	0.07%	0.07%
AAPL	C	9.13%	2.56%	2.56%
ABBV	C	0.2%	0.41%	0.2%
ABBV	C	0.2%	0.15%	0.15%
ACGL	B	0.06%	0.28%	0.06%
ADBE	F	1.75%	0.49%	0.49%
AMD	D	1.73%	0.04%	0.04%
AMT	C	0.35%	0.03%	0.03%
AMZN	C	4.32%	0.34%	0.34%
ANET	A	0.28%	0.18%	0.18%
APA	F	0.32%	0.03%	0.03%
APH	C	0.54%	0.38%	0.38%
APP	B	0.19%	0.0%	0.0%
AVGO	C	4.41%	0.11%	0.11%
AXON	A	0.16%	0.0%	0.0%
AXP	B	0.14%	0.06%	0.06%
BMRN	F	0.28%	0.09%	0.09%
BSY	D	0.15%	0.01%	0.01%
CAT	B	0.13%	0.32%	0.13%
CG	D	0.29%	0.01%	0.01%
CHKP	A	0.81%	0.19%	0.19%
CHRW	A	0.17%	0.01%	0.01%
CINF	C	0.15%	0.02%	0.02%
CL	C	0.23%	0.23%	0.23%
CME	C	0.95%	0.16%	0.16%
COIN	F	0.13%	0.0%	0.0%
COST	B	2.72%	0.76%	0.76%
CRM	D	0.46%	0.04%	0.04%
CSCO	B	1.38%	0.88%	0.88%
DOCU	C	0.07%	0.0%	0.0%
EBAY	B	0.18%	0.01%	0.01%
EQIX	B	1.24%	0.01%	0.01%
ERIE	B	0.28%	0.15%	0.15%
ETN	C	0.12%	0.02%	0.02%
EVRG	B	0.25%	0.01%	0.01%
EXAS	C	0.16%	0.0%	0.0%
EXPE	C	0.17%	0.01%	0.01%
FCNCA	D	0.15%	0.09%	0.09%
FFIV	B	0.18%	0.14%	0.14%
FITB	B	0.15%	0.03%	0.03%
GE	A	0.12%	0.29%	0.12%
GEV	B	0.03%	0.02%	0.02%
GOOG	D	1.7%	0.83%	0.83%
GOOGL	D	1.71%	0.95%	0.95%
HBAN	B	0.15%	0.03%	0.03%
HOLX	C	0.1%	0.01%	0.01%
HOOD	C	0.16%	0.0%	0.0%
INCY	C	0.16%	0.12%	0.12%
INTU	C	1.27%	0.25%	0.25%
JBHT	D	0.15%	0.03%	0.03%
LIN	B	1.27%	0.06%	0.06%
LLY	C	1.18%	1.42%	1.18%
LNT	B	0.48%	0.03%	0.03%
LOGI	D	0.11%	0.06%	0.06%
LOW	A	0.12%	0.07%	0.07%
MANH	A	0.2%	0.04%	0.04%
META	A	4.19%	1.96%	1.96%
MKTX	C	0.13%	0.02%	0.02%
MPWR	C	0.33%	0.06%	0.06%
MSFT	C	8.44%	2.36%	2.36%
MSI	B	0.2%	0.58%	0.2%
NBIX	F	0.23%	0.11%	0.11%
NDAQ	A	0.34%	0.01%	0.01%
NFLX	B	2.05%	0.45%	0.45%
NOW	A	0.41%	0.01%	0.01%
NTAP	D	0.8%	0.04%	0.04%
NTRS	B	0.15%	0.01%	0.01%
NVDA	D	4.75%	2.1%	2.1%
NWSA	D	0.04%	0.01%	0.01%
OKTA	F	0.05%	0.0%	0.0%
ORCL	B	0.68%	0.22%	0.22%
PEP	D	1.65%	0.86%	0.86%
PGR	A	0.14%	0.34%	0.14%
PH	A	0.12%	0.02%	0.02%
PODD	B	0.18%	0.0%	0.0%
POOL	D	0.15%	0.03%	0.03%
PTC	D	0.46%	0.07%	0.07%
QCOM	F	1.21%	0.34%	0.34%
QRVO	F	0.17%	0.01%	0.01%
REG	C	0.18%	0.01%	0.01%
RMD	C	0.15%	0.06%	0.06%
RPRX	D	0.14%	0.01%	0.01%
SBAC	C	0.31%	0.01%	0.01%
SPGI	A	0.64%	0.04%	0.04%
SSNC	B	0.17%	0.01%	0.01%
STX	C	0.4%	0.01%	0.01%
TECH	D	0.14%	0.0%	0.0%
TMUS	C	1.56%	0.64%	0.64%
TRMB	C	0.15%	0.0%	0.0%
TROW	D	0.09%	0.05%	0.05%
TSCO	C	0.29%	0.05%	0.05%
TSLA	C	2.23%	0.11%	0.11%
TW	B	0.05%	0.0%	0.0%
TXN	C	1.53%	0.49%	0.49%
TYL	C	0.4%	0.0%	0.0%
ULTA	D	0.15%	0.07%	0.07%
UTHR	C	0.17%	0.14%	0.14%
V	C	0.22%	1.12%	0.22%
VEEV	C	0.14%	0.05%	0.05%
VMC	D	0.12%	0.01%	0.01%
WAT	C	0.12%	0.04%	0.04%
WM	D	0.11%	0.5%	0.11%
WMT	B	0.37%	0.72%	0.37%
WTW	C	0.16%	0.07%	0.07%
XOM	D	0.14%	0.44%	0.14%
ZBRA	B	0.33%	0.01%	0.01%

FTQI Overweight 89 Positions Relative to QWLD

Symbol	Grade	Weight
OTTR	D	0.53%
MGEE	B	0.5%
UFPI	C	0.47%
ICLR	D	0.43%
CASY	D	0.42%
DUOL	A	0.37%
WFRD	F	0.37%
SNY	B	0.35%
BGC	B	0.35%
MEDP	D	0.32%
PAGP	C	0.3%
TRMD	D	0.29%
BCPC	C	0.28%
MORN	B	0.26%
WWD	C	0.25%
OLED	C	0.23%
CYBR	C	0.22%
PCVX	C	0.22%
EWBC	D	0.22%
PTEN	F	0.22%
MTSI	D	0.2%
MKSI	F	0.2%
VRNS	C	0.2%
OLLI	C	0.2%
PNFP	A	0.2%
UMBF	B	0.2%
COKE	C	0.2%
ICUI	B	0.19%
HALO	C	0.19%
IESC	C	0.19%
BNTX	C	0.18%
IDCC	B	0.18%
NOVT	D	0.18%
LITE	B	0.17%
SAIA	D	0.17%
MUSA	D	0.17%
RVMD	C	0.17%
STRL	B	0.17%
NTRA	B	0.17%
DOX	C	0.17%
CYTK	F	0.15%
CHDN	D	0.15%
SOFI	C	0.15%
GH	D	0.15%
ACHC	C	0.15%
ASND	C	0.15%
LSTR	F	0.15%
TWST	D	0.15%
TTEK	C	0.15%
ENSG	C	0.15%
VKTX	C	0.15%
XRAY	D	0.15%
ARGX	C	0.15%
LECO	F	0.14%
WIX	D	0.14%
RGLD	B	0.14%
ALNY	C	0.14%
ZION	D	0.14%
ACLS	F	0.14%
MDGL	F	0.14%
MRUS	D	0.14%
APLS	F	0.14%
ITRI	C	0.14%
KRYS	D	0.14%
LNTH	D	0.14%
JAZZ	D	0.14%
AAON	A	0.13%
UPST	C	0.13%
FRPT	B	0.13%
TMDX	C	0.13%
MTD	D	0.13%
LEGN	F	0.13%
SRPT	D	0.13%
DJT	F	0.12%
LANC	D	0.12%
MIDD	D	0.12%
MASI	D	0.11%
UFPT	A	0.11%
SHOO	B	0.11%
SFM	B	0.1%
MMYT	B	0.09%
BL	D	0.08%
CRVL	B	0.08%
CVLT	B	0.07%
CSWI	B	0.06%
CVCO	B	0.04%
RGEN	F	0.02%
RXST	C	0.02%
REYN	B	0.01%

FTQI Underweight 499 Positions Relative to QWLD

Symbol	Grade	Weight
UNH	C	-1.36%
JNJ	C	-1.19%
PG	C	-0.98%
NVS	C	-0.89%
BRK.A	C	-0.71%
MA	B	-0.67%
KO	B	-0.65%
ACN	C	-0.65%
VZ	B	-0.61%
MMC	C	-0.53%
JPM	D	-0.52%
MRK	D	-0.51%
MCK	F	-0.49%
ROP	C	-0.49%
IBM	A	-0.48%
REGN	C	-0.47%
SO	A	-0.47%
RSG	D	-0.46%
LMT	B	-0.45%
VRTX	D	-0.44%
MCD	B	-0.42%
CB	B	-0.4%
GIS	B	-0.38%
ED	C	-0.38%
T	C	-0.37%
DUK	B	-0.37%
TJX	C	-0.35%
BAC	D	-0.33%
NOC	A	-0.33%
AMAT	D	-0.32%
UL	C	-0.3%
AZO	D	-0.29%
WCN	D	-0.28%
KR	C	-0.28%
UNP	C	-0.28%
CVX	D	-0.28%
ELV	C	-0.28%
TRV	B	-0.27%
CBOE	C	-0.26%
HON	D	-0.24%
ISRG	C	-0.24%
ADP	B	-0.24%
K	A	-0.23%
ORLY	D	-0.22%
GILD	B	-0.22%
KHC	C	-0.22%
GDDY	C	-0.21%
C	D	-0.21%
BLK	B	-0.21%
PFE	C	-0.21%
MFG	D	-0.2%
WEC	B	-0.2%
CI	C	-0.2%
LRCX	F	-0.2%
CTSH	C	-0.2%
WFC	D	-0.2%
GD	B	-0.19%
AJG	D	-0.19%
AMGN	B	-0.19%
EA	D	-0.18%
MPC	D	-0.18%
KLAC	D	-0.18%
HSY	D	-0.18%
CHD	C	-0.18%
HUM	F	-0.18%
BMY	C	-0.18%
KEYS	C	-0.17%
MDLZ	C	-0.17%
CVS	F	-0.17%
NKE	D	-0.17%
AON	B	-0.16%
L	D	-0.16%
KDP	B	-0.16%
PANW	C	-0.16%
ZTS	C	-0.16%
GM	B	-0.15%
YUM	F	-0.15%
BAH	B	-0.15%
CMCSA	D	-0.15%
WMB	B	-0.15%
CTAS	C	-0.14%
TD	A	-0.14%
WRB	C	-0.14%
HD	A	-0.14%
SHW	B	-0.14%
GS	C	-0.14%
TSN	D	-0.14%
VRSN	D	-0.14%
MMM	A	-0.14%
TM	F	-0.14%
TGT	C	-0.14%
E	C	-0.13%
JNPR	A	-0.13%
BRO	C	-0.13%
CMG	C	-0.13%
PSX	D	-0.13%
MCO	A	-0.13%
TT	A	-0.13%
MKL	C	-0.12%
AFL	C	-0.12%
CF	C	-0.12%
KMB	D	-0.12%
DHI	C	-0.12%
DEO	D	-0.12%
CAH	C	-0.12%
CDNS	D	-0.12%
MUFG	D	-0.12%
AKAM	D	-0.12%
ITW	C	-0.12%
CNI	D	-0.11%
CSX	D	-0.11%
SNPS	D	-0.11%
GWW	A	-0.1%
BCS	B	-0.1%
HRL	D	-0.1%
CPB	B	-0.1%
DGX	C	-0.1%
IDXX	D	-0.09%
CDW	D	-0.09%
MS	C	-0.09%
RTX	C	-0.09%
F	F	-0.09%
SMFG	D	-0.09%
COP	D	-0.09%
STLA	F	-0.09%
LYG	B	-0.09%
LEN	C	-0.09%
PAYX	C	-0.09%
PSA	B	-0.09%
PCAR	D	-0.09%
ABT	C	-0.09%
BDX	F	-0.08%
SJM	C	-0.08%
FAST	C	-0.08%
HMC	D	-0.08%
KVUE	C	-0.08%
TFC	D	-0.08%
XEL	B	-0.08%
ROL	C	-0.08%
CMI	C	-0.08%
PNC	A	-0.08%
SONY	C	-0.08%
AMCR	C	-0.08%
AEE	A	-0.08%
INTC	F	-0.08%
USB	B	-0.08%
FANG	D	-0.08%
TEL	D	-0.08%
ADSK	C	-0.08%
UPS	F	-0.07%
AIG	D	-0.07%
NVR	B	-0.07%
PM	C	-0.07%
CPRT	D	-0.07%
ODFL	D	-0.07%
MCHP	D	-0.07%
FDX	F	-0.07%
MOH	D	-0.07%
EW	F	-0.07%
AIZ	B	-0.07%
ALL	B	-0.07%
VLO	F	-0.07%
TMO	C	-0.07%
COF	A	-0.07%
AMP	B	-0.07%
AEP	C	-0.07%
DIS	D	-0.07%
DPZ	D	-0.06%
GPC	D	-0.06%
LULU	D	-0.06%
D	B	-0.06%
DHR	C	-0.06%
EG	C	-0.06%
BBY	C	-0.06%
CNC	C	-0.06%
MDT	C	-0.06%
NEE	C	-0.06%
DE	B	-0.06%
MNST	D	-0.06%
PHM	B	-0.06%
JKHY	C	-0.06%
BK	A	-0.05%
CHTR	D	-0.05%
GRMN	D	-0.05%
LNG	C	-0.05%
CAG	C	-0.05%
WBD	D	-0.05%
VLTO	B	-0.05%
BTI	C	-0.05%
DINO	F	-0.05%
CMS	B	-0.05%
PLD	C	-0.05%
EOG	D	-0.05%
ADM	D	-0.05%
TDY	C	-0.05%
ROK	F	-0.05%
MTB	A	-0.04%
WSM	D	-0.04%
PYPL	B	-0.04%
MU	F	-0.04%
SBUX	C	-0.04%
EXPD	C	-0.04%
WBA	F	-0.04%
HPQ	D	-0.04%
MO	C	-0.04%
FICO	B	-0.04%
ADI	C	-0.04%
BR	D	-0.04%
DOW	D	-0.04%
NUE	F	-0.04%
HCA	A	-0.04%
DOV	B	-0.04%
CTVA	B	-0.04%
OMC	B	-0.04%
WDAY	D	-0.04%
PRU	C	-0.04%
MT	D	-0.04%
DECK	D	-0.04%
BLDR	C	-0.04%
NEM	B	-0.04%
MET	A	-0.04%
CBRE	A	-0.03%
O	C	-0.03%
EIX	C	-0.03%
OKE	B	-0.03%
VTRS	D	-0.03%
OC	D	-0.03%
SYF	C	-0.03%
DVN	D	-0.03%
NSC	C	-0.03%
SYY	D	-0.03%
HIG	B	-0.03%
SLB	F	-0.03%
ENPH	D	-0.03%
CSL	B	-0.03%
RF	B	-0.03%
SNA	C	-0.03%
BG	D	-0.03%
AVY	D	-0.03%
HPE	D	-0.03%
WSO	C	-0.03%
STT	B	-0.03%
KMI	A	-0.03%
ICE	C	-0.03%
LYB	F	-0.03%
SOLV	C	-0.03%
SYK	C	-0.03%
LPLA	F	-0.03%
PKG	B	-0.03%
PCG	B	-0.03%
SWKS	F	-0.03%
DFS	B	-0.03%
TER	D	-0.03%
DRI	B	-0.03%
SRE	B	-0.03%
TRGP	B	-0.03%
CFG	C	-0.03%
SCHW	D	-0.03%
TPL	A	-0.03%
EXC	B	-0.03%
IT	A	-0.03%
SMCI	F	-0.03%
EME	A	-0.03%
HUBB	A	-0.03%
OXY	F	-0.03%
WST	D	-0.03%
NMR	D	-0.02%
CHK	D	-0.02%
PAYC	D	-0.02%
ACI	F	-0.02%
BA	F	-0.02%
TTC	D	-0.02%
BIIB	F	-0.02%
WY	C	-0.02%
ES	C	-0.02%
OVV	F	-0.02%
BAX	C	-0.02%
MRNA	F	-0.02%
NXPI	D	-0.02%
SPG	A	-0.02%
CCI	C	-0.02%
GEHC	C	-0.02%
AOS	D	-0.02%
MOS	F	-0.02%
AER	B	-0.02%
DLR	B	-0.02%
CTRA	D	-0.02%
FIS	B	-0.02%
PFG	B	-0.02%
DTE	B	-0.02%
BKR	C	-0.02%
IP	C	-0.02%
STLD	D	-0.02%
ROST	C	-0.02%
AFG	B	-0.02%
KKR	A	-0.02%
URI	B	-0.02%
WELL	C	-0.02%
EPAM	F	-0.02%
GLW	B	-0.02%
MRO	C	-0.02%
KEY	B	-0.02%
CARR	B	-0.02%
NDSN	C	-0.02%
GPN	D	-0.02%
PEG	A	-0.02%
BX	B	-0.02%
VICI	C	-0.02%
ETR	A	-0.02%
DD	B	-0.02%
BKNG	B	-0.02%
BSX	B	-0.02%
ALLE	C	-0.02%
EMR	D	-0.02%
LHX	C	-0.02%
IEX	D	-0.02%
SW	C	-0.02%
FCX	D	-0.02%
PNR	B	-0.02%
APD	B	-0.02%
GGG	C	-0.02%
JCI	B	-0.02%
IPG	C	-0.02%
FDS	C	-0.02%
DKS	D	-0.02%
MGM	D	-0.01%
AMH	C	-0.01%
VRSK	D	-0.01%
OTEX	D	-0.01%
RPM	B	-0.01%
CPT	B	-0.01%
WTRG	D	-0.01%
CTLT	B	-0.01%
UHAL	B	-0.01%
FOX	B	-0.01%
DAL	C	-0.01%
TFX	C	-0.01%
HST	C	-0.01%
TTWO	D	-0.01%
DVA	B	-0.01%
FTNT	B	-0.01%
GLPI	C	-0.01%
HLT	B	-0.01%
TRU	B	-0.01%
CLX	C	-0.01%
BURL	C	-0.01%
MBAVU	C	-0.01%
BEN	F	-0.01%
FSLR	C	-0.01%
IRM	B	-0.01%
HWM	B	-0.01%
MAS	B	-0.01%
ZM	C	-0.01%
ACM	B	-0.01%
VST	A	-0.01%
STE	C	-0.01%
HSIC	D	-0.01%
SUI	C	-0.01%
SE	A	-0.01%
ESS	C	-0.01%
EL	F	-0.01%
INVH	C	-0.01%
WPC	C	-0.01%
CPAY	C	-0.01%
BXP	B	-0.01%
HII	D	-0.01%
MKC	C	-0.01%
DOC	C	-0.01%
CCEP	B	-0.01%
AVTR	C	-0.01%
CCK	A	-0.01%
ABNB	D	-0.01%
MAA	C	-0.01%
IR	C	-0.01%
XYL	D	-0.01%
EFX	C	-0.01%
AGCO	D	-0.01%
CHRD	F	-0.01%
KNX	D	-0.01%
WFG	A	-0.01%
STZ	D	-0.01%
FTV	C	-0.01%
MLM	D	-0.01%
EQH	C	-0.01%
MRVL	C	-0.01%
LDOS	B	-0.01%
ALB	F	-0.01%
TDG	B	-0.01%
PWR	B	-0.01%
DLTR	F	-0.01%
EMN	B	-0.01%
LKQ	F	-0.01%
NI	B	-0.01%
AES	C	-0.01%
OTIS	C	-0.01%
BALL	C	-0.01%
WDC	D	-0.01%
MAR	C	-0.01%
ARE	C	-0.01%
KIM	C	-0.01%
VTR	C	-0.01%
DELL	C	-0.01%
AWK	C	-0.01%
TXT	D	-0.01%
APO	B	-0.01%
CRBG	D	-0.01%
WAB	A	-0.01%
AME	C	-0.01%
HES	D	-0.01%
FOXA	B	-0.01%
CNP	D	-0.01%
FNF	B	-0.01%
ZBH	F	-0.01%
EQT	D	-0.01%
TAP	D	-0.01%
J	C	-0.01%
EQR	C	-0.01%
UBER	C	-0.01%
CE	F	-0.01%
ATO	B	-0.01%
SQ	D	-0.01%
AVB	C	-0.01%
IFF	C	-0.01%
UHS	B	-0.01%
JBL	D	-0.01%
NRG	A	-0.01%
DG	F	-0.01%
RJF	C	-0.01%
ALLY	D	-0.01%
PARA	F	-0.01%
SEIC	C	-0.01%
ECL	A	-0.01%
PPL	B	-0.01%
CNH	D	-0.01%
IQV	D	-0.01%
APTV	D	-0.01%
CEG	A	-0.01%
RS	D	-0.01%
FE	C	-0.01%
SWK	B	-0.01%
EXR	B	-0.01%
HAL	F	-0.01%
ON	F	-0.01%
KMX	D	-0.01%
PPG	D	-0.01%
MELI	B	-0.01%
GLBE	C	-0.0%
IOT	A	-0.0%
TOST	A	-0.0%
NET	D	-0.0%
RBLX	B	-0.0%
XRX	F	-0.0%
DDOG	D	-0.0%
SNAP	F	-0.0%
FUTU	D	-0.0%
DKNG	C	-0.0%
MSTR	D	-0.0%
H	C	-0.0%
PSTG	F	-0.0%
HEI	A	-0.0%
DAY	D	-0.0%
GRAB	B	-0.0%
DT	C	-0.0%
PINS	F	-0.0%
SNOW	F	-0.0%
WYNN	D	-0.0%
CRWD	D	-0.0%
DXCM	F	-0.0%
ROKU	C	-0.0%
TTD	B	-0.0%
LII	B	-0.0%
Z	B	-0.0%
PLTR	A	-0.0%
VRT	C	-0.0%
HEI	A	-0.0%
LYV	B	-0.0%
ELS	C	-0.0%
LUV	C	-0.0%
LW	D	-0.0%
ENTG	D	-0.0%
LVS	D	-0.0%
BBWI	F	-0.0%
DASH	B	-0.0%
RCL	A	-0.0%
WLK	D	-0.0%
MSCI	C	-0.0%
ILMN	C	-0.0%
RIVN	F	-0.0%
ARES	A	-0.0%
CRL	F	-0.0%
MTCH	C	-0.0%
QGEN	C	-0.0%
BIO	C	-0.0%
TWLO	C	-0.0%
ANSS	D	-0.0%
UDR	C	-0.0%
CCL	C	-0.0%
CSGP	D	-0.0%
ALGN	D	-0.0%