FTQI vs. RECS ETF Comparison

Comparison of First Trust Low Beta Income ETF (FTQI) to Columbia Research Enhanced Core ETF (RECS)

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

$20.48

Average Daily Volume

107,493

Number of Holdings ^*

194

* may have additional holdings in another (foreign) market

RECS

Columbia Research Enhanced Core ETF

RECS Description

The investment seeks investment results that, before fees and expenses, closely correspond to the performance of the Beta Advantage® Research Enhanced U.S. Equity Index. The fund invests at least 80% of its assets in the securities of the index. The index is comprised of a subset of the companies within the Russell 1000® Index. The index was designed to reflect the performance of U.S. large- and mid-cap growth and value companies through the application of a rules-based methodology, which typically results in approximately 325-400 Index holdings, but this range can fluctuate because the index has no constraints on number of holdings.

Grade (RS Rating)

Last Trade

$33.87

Average Daily Volume

304,307

Number of Holdings ^*

360

* may have additional holdings in another (foreign) market

Performance

Period	FTQI	RECS
30 Days	3.94%	3.93%
60 Days	9.15%	10.18%
90 Days	1.41%	3.20%
12 Months	21.05%	37.24%

63 Overlapping Holdings

Symbol	Grade	Weight in FTQI	Weight in RECS	Overlap
AAPL	C	9.16%	8.53%	8.53%
ABBV	C	0.2%	0.67%	0.2%
ADBE	F	1.51%	0.56%	0.56%
ALNY	C	0.14%	0.06%	0.06%
AMT	D	0.33%	0.59%	0.33%
AMZN	C	4.34%	4.66%	4.34%
ANET	A	0.3%	0.26%	0.26%
APLS	F	0.11%	0.01%	0.01%
APP	A	0.23%	0.09%	0.09%
BMRN	F	0.23%	0.03%	0.03%
CAT	A	0.15%	0.87%	0.15%
CL	D	0.22%	0.43%	0.22%
CME	A	0.94%	0.45%	0.45%
COKE	C	0.2%	0.04%	0.04%
CRM	B	0.49%	0.66%	0.49%
CSCO	A	1.44%	0.54%	0.54%
DOCU	A	0.07%	0.03%	0.03%
EQIX	C	1.24%	0.46%	0.46%
EVRG	C	0.25%	0.11%	0.11%
EWBC	B	0.22%	0.06%	0.06%
EXAS	C	0.16%	0.02%	0.02%
EXPE	B	0.18%	0.07%	0.07%
FCNCA	D	0.15%	0.13%	0.13%
FFIV	B	0.19%	0.03%	0.03%
FITB	C	0.15%	0.16%	0.15%
GOOG	B	1.76%	1.95%	1.76%
GOOGL	B	1.77%	2.3%	1.77%
HOLX	D	0.09%	0.12%	0.09%
INCY	B	0.16%	0.02%	0.02%
INTU	F	1.23%	0.41%	0.41%
JAZZ	F	0.15%	0.04%	0.04%
LECO	D	0.15%	0.05%	0.05%
MANH	A	0.21%	0.04%	0.04%
MEDP	F	0.3%	0.06%	0.06%
META	A	4.45%	3.06%	3.06%
MIDD	D	0.13%	0.03%	0.03%
MPWR	B	0.35%	0.11%	0.11%
MSFT	D	8.38%	7.87%	7.87%
MSI	A	0.2%	0.19%	0.19%
MTD	C	0.14%	0.21%	0.14%
NBIX	F	0.22%	0.02%	0.02%
NOW	B	0.4%	0.45%	0.4%
NTAP	D	0.84%	0.06%	0.06%
NTRA	A	0.17%	0.03%	0.03%
NVDA	B	4.86%	7.36%	4.86%
NWSA	D	0.04%	0.02%	0.02%
PH	A	0.12%	0.36%	0.12%
QCOM	D	1.25%	0.49%	0.49%
QRVO	F	0.17%	0.02%	0.02%
REYN	D	0.01%	0.01%	0.01%
RPRX	D	0.14%	0.07%	0.07%
SBAC	C	0.3%	0.14%	0.14%
SRPT	F	0.13%	0.02%	0.02%
SSNC	C	0.17%	0.07%	0.07%
TROW	D	0.1%	0.13%	0.1%
UTHR	C	0.18%	0.03%	0.03%
VKTX	C	0.15%	0.01%	0.01%
WFRD	F	0.34%	0.02%	0.02%
WM	B	0.1%	0.37%	0.1%
WTW	C	0.15%	0.17%	0.15%
XOM	A	0.14%	1.65%	0.14%
XRAY	D	0.16%	0.03%	0.03%
ZION	D	0.14%	0.04%	0.04%

FTQI Overweight 131 Positions Relative to RECS

Symbol	Grade	Weight
AVGO	B	4.69%
COST	C	2.64%
TSLA	C	2.43%
NFLX	A	2.08%
AMD	C	1.89%
TXN	C	1.61%
PEP	F	1.55%
TMUS	A	1.54%
LIN	C	1.29%
LLY	D	1.13%
CHKP	A	0.82%
ORCL	A	0.69%
SPGI	C	0.62%
APH	D	0.54%
OTTR	F	0.52%
UFPI	C	0.51%
MGEE	C	0.5%
PTC	B	0.48%
LNT	B	0.48%
STX	C	0.44%
DUOL	B	0.44%
ICLR	F	0.4%
CASY	D	0.4%
TYL	D	0.39%
A	B	0.39%
WMT	A	0.37%
ZBRA	B	0.36%
BGC	B	0.35%
SNY	C	0.34%
NDAQ	C	0.33%
CG	B	0.32%
APA	F	0.31%
TRMD	D	0.3%
PAGP	B	0.3%
TSCO	A	0.29%
BCPC	C	0.29%
ERIE	A	0.29%
MORN	B	0.26%
WWD	C	0.25%
IESC	A	0.24%
OLED	B	0.23%
MTSI	B	0.22%
CYBR	C	0.22%
PNFP	B	0.21%
PTEN	F	0.21%
PCVX	C	0.21%
VRNS	B	0.21%
V	B	0.21%
LITE	A	0.2%
BNTX	B	0.2%
OLLI	C	0.2%
STRL	B	0.2%
MKSI	F	0.2%
UMBF	C	0.2%
ICUI	B	0.19%
NOVT	C	0.19%
ASND	C	0.19%
DOX	B	0.18%
PODD	C	0.18%
EBAY	A	0.18%
HALO	D	0.18%
CHRW	C	0.18%
IDCC	A	0.18%
SAIA	D	0.17%
REG	C	0.17%
RVMD	B	0.17%
NTRS	B	0.16%
TWST	D	0.16%
TRMB	B	0.16%
ULTA	D	0.16%
AXON	A	0.16%
HOOD	B	0.16%
JBHT	D	0.15%
ITRI	C	0.15%
ENSG	D	0.15%
TECH	D	0.15%
HBAN	B	0.15%
ACLS	F	0.15%
CINF	A	0.15%
WIX	D	0.15%
ARGX	C	0.15%
LSTR	F	0.15%
TTEK	A	0.15%
SOFI	C	0.15%
BSY	D	0.15%
MUSA	D	0.15%
POOL	D	0.15%
PGR	B	0.14%
CHDN	C	0.14%
RGLD	C	0.14%
CYTK	D	0.14%
AXP	A	0.14%
LNTH	C	0.14%
RMD	C	0.14%
AAON	A	0.14%
ACHC	F	0.14%
COIN	F	0.14%
UPST	C	0.14%
KRYS	D	0.13%
GH	F	0.13%
ETN	B	0.13%
WAT	B	0.13%
MASI	B	0.13%
VEEV	C	0.13%
MRUS	D	0.13%
UFPT	D	0.12%
LANC	F	0.12%
LEGN	F	0.12%
VMC	D	0.12%
MKTX	B	0.12%
LOW	C	0.12%
GE	B	0.12%
FRPT	A	0.12%
SHOO	A	0.12%
MDGL	F	0.12%
TMDX	D	0.12%
LOGI	D	0.11%
SFM	A	0.1%
DJT	F	0.1%
CRVL	C	0.09%
CVLT	B	0.08%
BL	D	0.08%
MMYT	B	0.08%
ACGL	A	0.06%
CSWI	A	0.06%
TW	A	0.05%
OKTA	F	0.05%
GEV	A	0.04%
CVCO	C	0.04%
RXST	F	0.02%
RGEN	F	0.02%

FTQI Underweight 297 Positions Relative to RECS

Symbol	Grade	Weight
JPM	C	-3.33%
JNJ	D	-2.59%
PG	D	-2.09%
TMO	D	-1.55%
BAC	B	-1.5%
WFC	B	-1.09%
PM	D	-0.97%
CVX	B	-0.79%
MDT	C	-0.75%
BMY	A	-0.71%
C	B	-0.67%
UBER	C	-0.66%
UNP	F	-0.66%
CI	D	-0.63%
MMC	D	-0.61%
LMT	A	-0.58%
FI	A	-0.58%
BKNG	B	-0.52%
ADP	A	-0.52%
HCA	C	-0.51%
TJX	D	-0.49%
BDX	C	-0.46%
MO	D	-0.45%
UPS	D	-0.44%
PYPL	A	-0.43%
MCK	F	-0.42%
DIS	D	-0.41%
TT	A	-0.4%
T	B	-0.38%
TGT	C	-0.35%
VST	A	-0.34%
AMGN	D	-0.33%
PCG	C	-0.33%
MMM	C	-0.33%
CTAS	C	-0.32%
EXC	C	-0.32%
SPG	A	-0.3%
CSX	D	-0.3%
NUE	D	-0.29%
BK	A	-0.29%
LRCX	D	-0.28%
ALL	A	-0.28%
XEL	C	-0.28%
MET	A	-0.27%
FDX	F	-0.27%
EIX	C	-0.26%
KMB	D	-0.25%
PANW	B	-0.25%
CNC	F	-0.25%
PRU	B	-0.24%
PPG	D	-0.24%
COR	F	-0.24%
PCAR	D	-0.23%
VRTX	D	-0.23%
ETR	A	-0.22%
EOG	B	-0.22%
PLTR	A	-0.21%
DTE	B	-0.21%
DHI	C	-0.21%
REGN	D	-0.21%
GIS	C	-0.21%
HLT	A	-0.21%
GILD	A	-0.2%
LYB	B	-0.2%
CMI	A	-0.2%
PAYX	B	-0.2%
OTIS	A	-0.19%
KR	C	-0.19%
MPC	D	-0.18%
ROST	D	-0.18%
CAH	B	-0.18%
AEE	A	-0.18%
PSX	D	-0.17%
KHC	F	-0.16%
LEN	C	-0.16%
CRWD	D	-0.16%
CSGP	F	-0.16%
VRT	B	-0.16%
STLD	C	-0.15%
PKG	B	-0.15%
RCL	B	-0.15%
GPN	F	-0.14%
DAL	C	-0.14%
ZBH	F	-0.14%
WAB	A	-0.14%
STT	A	-0.14%
ADM	F	-0.14%
RJF	B	-0.13%
RPM	A	-0.13%
CF	A	-0.13%
RS	D	-0.13%
SPOT	C	-0.13%
WY	C	-0.13%
VLO	F	-0.13%
TTD	A	-0.12%
INVH	D	-0.12%
LULU	D	-0.12%
CE	D	-0.12%
NI	A	-0.12%
BAX	D	-0.12%
CBOE	B	-0.12%
FTV	C	-0.12%
FTNT	A	-0.12%
BLDR	C	-0.11%
PHM	C	-0.11%
ARE	D	-0.11%
K	B	-0.11%
SYF	A	-0.11%
OXY	D	-0.11%
BR	B	-0.11%
AES	C	-0.11%
AVTR	D	-0.11%
EG	A	-0.1%
NVR	C	-0.1%
LDOS	A	-0.1%
THC	D	-0.1%
FANG	D	-0.1%
DDOG	B	-0.09%
HPQ	B	-0.09%
VTRS	D	-0.09%
DECK	B	-0.09%
EA	D	-0.09%
EME	B	-0.09%
CSL	A	-0.09%
SWK	C	-0.08%
EQH	B	-0.08%
L	C	-0.08%
RGA	B	-0.08%
EXPD	D	-0.08%
DELL	C	-0.08%
MAS	C	-0.08%
UAL	A	-0.08%
CCL	C	-0.07%
OC	C	-0.07%
HST	D	-0.07%
LVS	B	-0.07%
QGEN	F	-0.07%
SNA	C	-0.07%
CVNA	A	-0.07%
BG	F	-0.07%
MOS	F	-0.07%
JLL	C	-0.07%
AMH	D	-0.07%
HPE	B	-0.07%
GLPI	C	-0.07%
WSM	C	-0.07%
WPC	C	-0.07%
CAG	D	-0.07%
EXP	C	-0.07%
CTRA	D	-0.06%
LPX	C	-0.06%
TOL	C	-0.06%
AIZ	B	-0.06%
CW	A	-0.06%
JEF	A	-0.06%
UNM	A	-0.06%
BURL	C	-0.06%
ACM	A	-0.06%
TEAM	D	-0.06%
FIX	A	-0.06%
SOLV	C	-0.06%
FHN	D	-0.05%
ZM	B	-0.05%
INGR	B	-0.05%
MRO	B	-0.05%
CLF	D	-0.05%
BLD	D	-0.05%
NNN	C	-0.05%
AOS	C	-0.05%
ELAN	D	-0.05%
PINS	D	-0.05%
CACI	A	-0.05%
TAP	D	-0.05%
GL	C	-0.05%
BIIB	F	-0.05%
SF	A	-0.05%
ITT	C	-0.05%
NTNX	C	-0.04%
MTG	A	-0.04%
GEN	A	-0.04%
ARMK	C	-0.04%
WTFC	B	-0.04%
CNM	F	-0.04%
STAG	D	-0.04%
ALSN	A	-0.04%
WYNN	B	-0.04%
TPR	B	-0.04%
SEIC	B	-0.04%
MRNA	F	-0.04%
SWKS	F	-0.04%
ZS	F	-0.04%
DCI	B	-0.04%
UGI	C	-0.04%
WLK	C	-0.04%
CRBG	B	-0.04%
PSTG	F	-0.04%
ACI	F	-0.04%
VRSN	C	-0.04%
BRBR	A	-0.04%
XP	F	-0.04%
AYI	A	-0.04%
SON	D	-0.04%
GNRC	B	-0.04%
DKS	D	-0.04%
TXRH	A	-0.04%
OLN	D	-0.04%
BRX	C	-0.04%
RYN	C	-0.03%
SLM	B	-0.03%
ESAB	C	-0.03%
JHG	A	-0.03%
NEU	F	-0.03%
R	C	-0.03%
MSA	F	-0.03%
SMG	C	-0.03%
LNW	F	-0.03%
LNC	B	-0.03%
RL	B	-0.03%
COLB	C	-0.03%
RHI	D	-0.03%
AMG	B	-0.03%
G	A	-0.03%
MHK	C	-0.03%
BEN	F	-0.03%
FLS	A	-0.03%
OGN	F	-0.03%
CROX	C	-0.03%
KEX	C	-0.03%
HRB	C	-0.03%
JNPR	C	-0.03%
SKX	B	-0.03%
SAIC	A	-0.03%
WCC	D	-0.03%
APG	F	-0.03%
ASH	F	-0.03%
MGM	D	-0.03%
FTI	B	-0.03%
AXS	A	-0.03%
MAN	D	-0.02%
M	D	-0.02%
GAP	F	-0.02%
CIVI	F	-0.02%
PK	D	-0.02%
GTES	C	-0.02%
CRUS	D	-0.02%
AZTA	F	-0.02%
MSM	D	-0.02%
SMAR	A	-0.02%
LSCC	D	-0.02%
HIW	C	-0.02%
CWEN	C	-0.02%
PVH	D	-0.02%
EPR	C	-0.02%
THO	C	-0.02%
NYT	C	-0.02%
DINO	F	-0.02%
WU	D	-0.02%
WH	C	-0.02%
ROKU	C	-0.02%
LEA	F	-0.02%
MTCH	B	-0.02%
PRGO	F	-0.02%
EEFT	F	-0.02%
SNX	C	-0.02%
FOXA	B	-0.02%
DTM	A	-0.02%
CIEN	A	-0.02%
KRC	C	-0.02%
H	B	-0.02%
OZK	D	-0.02%
CNA	D	-0.01%
LEN	C	-0.01%
ALGM	F	-0.01%
ADTN	C	-0.01%
NWS	D	-0.01%
CWEN	C	-0.01%
PEGA	B	-0.01%
CRI	D	-0.01%
AMKR	F	-0.01%
RARE	D	-0.01%
ROIV	D	-0.01%
COLM	B	-0.01%
PPC	C	-0.01%
IONS	F	-0.01%
TNL	B	-0.01%
SAM	D	-0.01%
FOX	B	-0.01%
BILL	D	-0.01%
PINC	F	-0.01%
PATH	D	-0.01%
VIRT	B	-0.01%
EXEL	B	-0.01%
DBX	C	-0.01%
GTLB	D	-0.01%
PLTK	C	-0.0%
SEB	F	-0.0%
DDS	D	-0.0%