FTQI vs. SSPY ETF Comparison

Comparison of First Trust Low Beta Income ETF (FTQI) to Syntax Stratified LargeCap ETF (SSPY)

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

$21.12

Average Daily Volume

182,848

Number of Holdings ^*

195

* may have additional holdings in another (foreign) market

SSPY

Syntax Stratified LargeCap ETF

SSPY Description

The investment seeks to provide investment results that, before expenses, correspond generally to the total return performance of publicly traded equity securities of companies in the Syntax Stratified LargeCap Index (the "index"). Under normal market conditions, the fund generally invests substantially all, and at least 95% of its total assets in the securities comprising the index. The index, which was created by Syntax, LLC, an affiliate of the fund's investment adviser, is the stratified-weight version of the widely used S&P 500® Index and holds the same constituents as the S&P 500.

Grade (RS Rating)

Last Trade

$82.83

Average Daily Volume

2,243

Number of Holdings ^*

500

* may have additional holdings in another (foreign) market

Performance

Period	FTQI	SSPY
30 Days	3.02%	5.56%
60 Days	4.61%	4.81%
90 Days	7.28%	5.14%
12 Months	19.38%	24.92%

87 Overlapping Holdings

Symbol	Grade	Weight in FTQI	Weight in SSPY	Overlap
A	D	0.34%	0.15%	0.15%
AAPL	A	9.03%	0.5%	0.5%
ABBV	D	0.17%	0.24%	0.17%
ACGL	D	0.05%	0.14%	0.05%
ADBE	C	1.22%	0.16%	0.16%
AMD	F	1.45%	0.14%	0.14%
AMT	D	0.27%	0.06%	0.06%
AMZN	B	4.39%	0.22%	0.22%
ANET	C	0.29%	0.21%	0.21%
APA	F	0.03%	0.07%	0.03%
APH	B	0.58%	0.19%	0.19%
AVGO	D	4.07%	0.23%	0.23%
AXON	A	0.25%	0.09%	0.09%
AXP	A	0.15%	0.04%	0.04%
CAT	B	0.15%	0.14%	0.14%
CHRW	C	0.18%	0.09%	0.09%
CINF	A	0.17%	0.14%	0.14%
CL	D	0.19%	0.41%	0.19%
CME	A	0.96%	0.04%	0.04%
COST	A	2.64%	0.71%	0.71%
CRM	B	0.58%	0.35%	0.35%
CSCO	A	1.56%	0.21%	0.21%
EBAY	C	0.17%	0.22%	0.17%
EQIX	A	1.25%	0.27%	0.27%
ERIE	D	0.22%	0.2%	0.2%
ETN	A	0.14%	0.26%	0.14%
EVRG	A	0.26%	0.08%	0.08%
EXPE	B	0.22%	0.12%	0.12%
FFIV	A	0.2%	0.21%	0.2%
FITB	B	0.16%	0.06%	0.06%
GE	C	0.12%	0.17%	0.12%
GEV	B	0.05%	0.18%	0.05%
GOOG	C	1.87%	0.23%	0.23%
GOOGL	C	1.87%	0.23%	0.23%
HBAN	B	0.18%	0.06%	0.06%
HOLX	D	0.09%	0.1%	0.09%
INCY	B	0.19%	0.25%	0.19%
INTU	C	1.32%	0.2%	0.2%
JBHT	B	0.15%	0.08%	0.08%
LIN	D	1.19%	0.04%	0.04%
LLY	D	0.9%	0.23%	0.23%
LNT	A	0.49%	0.08%	0.08%
LOW	C	0.12%	0.26%	0.12%
META	D	4.15%	0.47%	0.47%
MKTX	D	0.13%	0.04%	0.04%
MPWR	F	0.2%	0.22%	0.2%
MSFT	C	8.03%	0.32%	0.32%
MSI	B	0.22%	0.49%	0.22%
MTD	D	0.11%	0.15%	0.11%
NDAQ	A	0.36%	0.04%	0.04%
NFLX	B	2.4%	0.22%	0.22%
NOW	A	0.46%	0.22%	0.22%
NTAP	B	0.79%	0.17%	0.17%
NTRS	A	0.19%	0.08%	0.08%
NVDA	C	5.22%	0.13%	0.13%
NWSA	B	0.05%	0.1%	0.05%
ORCL	B	0.75%	0.34%	0.34%
PEP	F	1.45%	0.18%	0.18%
PGR	A	0.14%	0.19%	0.14%
PH	A	0.14%	0.08%	0.08%
PODD	B	0.2%	0.1%	0.1%
POOL	C	0.15%	0.13%	0.13%
PTC	A	0.5%	0.17%	0.17%
QCOM	F	1.11%	0.22%	0.22%
QRVO	F	0.03%	0.21%	0.03%
REG	A	0.18%	0.06%	0.06%
RMD	C	0.14%	0.09%	0.09%
SBAC	D	0.28%	0.06%	0.06%
SPGI	B	0.6%	0.04%	0.04%
STX	D	0.38%	0.17%	0.17%
TECH	C	0.13%	0.15%	0.13%
TMUS	A	1.78%	0.33%	0.33%
TRMB	B	0.18%	0.03%	0.03%
TROW	A	0.1%	0.09%	0.09%
TSCO	D	0.28%	0.12%	0.12%
TSLA	B	3.05%	0.28%	0.28%
TXN	D	1.54%	0.23%	0.23%
TYL	A	0.4%	0.22%	0.22%
ULTA	F	0.14%	0.17%	0.14%
V	A	0.24%	0.04%	0.04%
VMC	B	0.13%	0.17%	0.13%
WAT	A	0.13%	0.15%	0.13%
WM	A	0.11%	0.18%	0.11%
WMT	A	0.39%	0.73%	0.39%
WTW	A	0.16%	0.03%	0.03%
XOM	C	0.15%	0.77%	0.15%
ZBRA	A	0.37%	0.13%	0.13%

FTQI Overweight 108 Positions Relative to SSPY

Symbol	Grade	Weight
CHKP	D	0.72%
MGEE	C	0.58%
APP	B	0.52%
UFPI	B	0.51%
DUOL	B	0.48%
CASY	B	0.43%
BGC	C	0.39%
CG	B	0.37%
WFRD	F	0.31%
IESC	B	0.31%
PAGP	B	0.29%
BCPC	B	0.29%
SNY	D	0.28%
MORN	A	0.28%
EWBC	B	0.28%
PNFP	B	0.27%
OTTR	C	0.27%
MEDP	D	0.27%
SOFI	B	0.26%
WWD	B	0.25%
LITE	B	0.25%
ICLR	F	0.25%
UMBF	B	0.24%
CYBR	A	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%
RVMD	B	0.22%
PTEN	C	0.22%
NBIX	C	0.21%
COKE	C	0.2%
NTRA	B	0.2%
MANH	C	0.2%
DJT	C	0.2%
SAIA	B	0.2%
FCNCA	B	0.18%
AAON	B	0.18%
NOVT	F	0.18%
ZION	B	0.18%
ICUI	D	0.18%
UTHR	B	0.18%
MKSI	C	0.18%
VRNS	D	0.18%
OLLI	C	0.18%
GH	B	0.17%
MDGL	B	0.17%
DOX	D	0.17%
SSNC	A	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	B	0.16%
MUSA	A	0.16%
PCVX	D	0.16%
BNTX	C	0.16%
LSTR	C	0.15%
FRPT	B	0.14%
BSY	D	0.14%
ENSG	D	0.14%
HALO	F	0.14%
CHDN	C	0.14%
MIDD	B	0.13%
SFM	A	0.13%
MRUS	F	0.13%
CYTK	F	0.13%
VEEV	B	0.13%
RGLD	C	0.13%
TTEK	D	0.13%
VKTX	F	0.12%
ALNY	D	0.12%
LANC	C	0.12%
KRYS	B	0.12%
TWST	C	0.12%
ROIV	B	0.12%
UFPT	C	0.11%
SHOO	D	0.11%
MMYT	A	0.09%
BL	B	0.09%
DOCU	B	0.09%
LOGI	D	0.09%
TRMD	F	0.09%
CRVL	B	0.09%
CVLT	A	0.08%
CSWI	B	0.07%
BMRN	D	0.06%
ASND	D	0.05%
TW	A	0.05%
CVCO	B	0.04%
RGEN	D	0.02%
OKTA	C	0.02%
REYN	D	0.01%
RXST	D	0.01%
TMDX	F	0.01%
ACHC	F	0.01%
LEGN	F	0.01%
ACLS	F	0.01%
APLS	C	0.01%
LNTH	D	0.01%
XRAY	F	0.01%
SRPT	C	0.01%
EXAS	D	0.01%
RPRX	D	0.01%

FTQI Underweight 413 Positions Relative to SSPY

Symbol	Grade	Weight
CVX	A	-0.76%
SYY	C	-0.75%
KR	A	-0.74%
ROST	C	-0.72%
TJX	A	-0.72%
COF	B	-0.7%
SYF	A	-0.69%
CVS	D	-0.69%
DFS	B	-0.69%
WBA	F	-0.64%
CMCSA	C	-0.52%
DPZ	B	-0.52%
PSX	C	-0.51%
DRI	B	-0.51%
YUM	B	-0.51%
VLO	C	-0.5%
EL	F	-0.5%
CMG	B	-0.5%
MCD	D	-0.5%
BRK.A	B	-0.5%
EA	B	-0.49%
MPC	D	-0.49%
TTWO	A	-0.49%
L	A	-0.49%
SBUX	B	-0.48%
CHTR	B	-0.47%
MTCH	D	-0.47%
KMB	C	-0.42%
KVUE	A	-0.42%
PG	A	-0.42%
BWA	D	-0.42%
CHD	B	-0.42%
VST	B	-0.41%
CLX	C	-0.41%
APTV	F	-0.4%
J	D	-0.4%
PWR	A	-0.4%
JBL	C	-0.38%
CEG	C	-0.38%
ADM	D	-0.37%
BG	D	-0.37%
TSN	B	-0.36%
HRL	D	-0.36%
SLB	C	-0.35%
HPQ	B	-0.35%
PM	A	-0.35%
BKR	C	-0.35%
MO	A	-0.35%
IPG	C	-0.34%
IBM	C	-0.34%
OMC	C	-0.34%
HAL	C	-0.34%
SNPS	B	-0.34%
ATO	A	-0.33%
GRMN	B	-0.33%
TPR	A	-0.33%
NI	A	-0.33%
VZ	B	-0.33%
T	A	-0.33%
NRG	B	-0.33%
HCA	F	-0.33%
NKE	F	-0.33%
CDNS	B	-0.33%
AES	F	-0.32%
AWK	D	-0.32%
UHS	D	-0.32%
RL	B	-0.32%
LULU	C	-0.31%
FCX	F	-0.3%
EXC	C	-0.3%
DECK	B	-0.3%
DAL	B	-0.28%
UAL	B	-0.28%
SWK	D	-0.27%
GDDY	A	-0.27%
AKAM	D	-0.27%
VRSN	C	-0.27%
STLD	B	-0.27%
CNP	A	-0.26%
HUBB	B	-0.26%
ENPH	F	-0.26%
NUE	D	-0.26%
PEG	A	-0.26%
HAS	D	-0.26%
CNC	F	-0.26%
HD	B	-0.26%
MS	C	-0.26%
UNH	B	-0.26%
NVR	D	-0.26%
HUM	C	-0.26%
DLR	A	-0.26%
LEN	D	-0.25%
GM	C	-0.25%
WMB	B	-0.25%
NEM	F	-0.25%
KO	D	-0.25%
DTE	C	-0.25%
F	C	-0.25%
GILD	B	-0.25%
CTLT	B	-0.25%
MOH	D	-0.25%
EIX	A	-0.25%
STZ	F	-0.25%
ZTS	F	-0.25%
SNA	A	-0.25%
PHM	D	-0.25%
LUV	C	-0.25%
KMI	B	-0.25%
MNST	B	-0.25%
ETR	A	-0.25%
TAP	C	-0.25%
RJF	A	-0.25%
BMY	B	-0.25%
GS	A	-0.25%
SCHW	A	-0.25%
MRNA	F	-0.24%
AMGN	F	-0.24%
JNJ	D	-0.24%
DHI	D	-0.24%
AEP	C	-0.24%
MRK	D	-0.24%
D	C	-0.24%
TRGP	B	-0.24%
OKE	B	-0.24%
FE	D	-0.24%
VTRS	B	-0.24%
ED	C	-0.24%
PFE	D	-0.24%
KDP	D	-0.24%
BIIB	F	-0.24%
NEE	D	-0.24%
ELV	F	-0.24%
PLTR	B	-0.23%
CPRT	A	-0.23%
ON	D	-0.23%
VRTX	D	-0.23%
NXPI	D	-0.23%
PAYC	A	-0.22%
REGN	F	-0.22%
LW	C	-0.22%
DAY	B	-0.22%
ADI	D	-0.22%
KEYS	B	-0.21%
DIS	B	-0.21%
PFG	C	-0.21%
AOS	F	-0.21%
MKC	D	-0.21%
KHC	D	-0.21%
SWKS	D	-0.21%
SJM	C	-0.21%
GIS	D	-0.21%
MET	A	-0.21%
CAG	D	-0.21%
PAYX	B	-0.21%
ADP	A	-0.21%
ALL	A	-0.2%
GL	C	-0.2%
AIG	B	-0.2%
IEX	B	-0.2%
IR	A	-0.2%
JNPR	F	-0.2%
AFL	A	-0.2%
PARA	D	-0.2%
CPB	D	-0.2%
PRU	A	-0.2%
AIZ	A	-0.2%
HSIC	B	-0.2%
FSLR	F	-0.2%
MHK	D	-0.19%
CI	D	-0.19%
XYL	D	-0.19%
CAH	B	-0.19%
TEL	C	-0.19%
HPE	B	-0.19%
MAS	D	-0.19%
WBD	C	-0.19%
PNR	A	-0.19%
BLDR	D	-0.19%
GLW	B	-0.19%
BBWI	C	-0.19%
HSY	F	-0.18%
RSG	A	-0.18%
CTAS	A	-0.18%
AMAT	F	-0.18%
CRWD	B	-0.18%
EQT	B	-0.18%
MDLZ	F	-0.18%
ROL	A	-0.18%
MCK	B	-0.18%
COR	A	-0.18%
K	A	-0.18%
HON	B	-0.17%
TGT	F	-0.17%
ADSK	B	-0.17%
TER	D	-0.17%
MMM	C	-0.17%
ANSS	B	-0.17%
DG	F	-0.17%
FTNT	B	-0.17%
DOV	A	-0.17%
GEN	A	-0.17%
ITW	A	-0.17%
BBY	D	-0.17%
WY	D	-0.17%
CTRA	B	-0.17%
MLM	B	-0.17%
DLTR	D	-0.17%
DELL	C	-0.17%
KLAC	D	-0.17%
WDC	C	-0.17%
INTC	D	-0.16%
PANW	B	-0.16%
DVN	F	-0.16%
GD	F	-0.16%
BA	F	-0.16%
LH	B	-0.16%
TXT	D	-0.16%
DGX	B	-0.16%
SMCI	F	-0.15%
GPC	D	-0.15%
MU	F	-0.15%
WRB	A	-0.14%
MCHP	D	-0.14%
AZO	B	-0.14%
IQV	D	-0.14%
TMO	F	-0.14%
URI	B	-0.14%
TRV	B	-0.14%
ORLY	A	-0.14%
CRL	D	-0.14%
CB	C	-0.14%
HIG	A	-0.14%
KMX	B	-0.14%
EG	C	-0.14%
LKQ	D	-0.14%
BALL	D	-0.13%
FAST	A	-0.13%
JPM	B	-0.13%
PCAR	B	-0.13%
CDW	F	-0.13%
AMCR	D	-0.13%
AME	A	-0.13%
DE	B	-0.13%
ACN	B	-0.13%
EPAM	C	-0.13%
WFC	A	-0.13%
CTSH	A	-0.13%
C	B	-0.13%
WAB	A	-0.13%
IT	C	-0.13%
LDOS	D	-0.13%
STT	A	-0.12%
HLT	A	-0.12%
MAR	A	-0.12%
ABNB	C	-0.12%
SYK	B	-0.12%
STE	F	-0.12%
ISRG	B	-0.12%
ZBH	C	-0.12%
GWW	A	-0.12%
BAC	A	-0.12%
ARE	D	-0.11%
VTR	C	-0.11%
WELL	A	-0.11%
EXR	C	-0.11%
DVA	A	-0.11%
PSA	C	-0.11%
CPT	A	-0.11%
BR	A	-0.11%
DOC	C	-0.11%
BXP	C	-0.11%
BKNG	A	-0.11%
HST	C	-0.11%
UBER	D	-0.11%
BK	A	-0.11%
DXCM	C	-0.1%
DHR	D	-0.1%
IDXX	F	-0.1%
NWS	B	-0.1%
ESS	B	-0.1%
RVTY	D	-0.1%
ALGN	D	-0.1%
MAA	B	-0.1%
INVH	D	-0.1%
GEHC	F	-0.1%
AVB	A	-0.1%
EQR	A	-0.1%
FOX	B	-0.1%
UDR	B	-0.1%
FOXA	C	-0.1%
FMC	D	-0.09%
LMT	D	-0.09%
BEN	C	-0.09%
NOC	D	-0.09%
UPS	C	-0.09%
EXPD	D	-0.09%
RCL	A	-0.09%
CCL	B	-0.09%
CF	B	-0.09%
KKR	A	-0.09%
NCLH	B	-0.09%
LYV	B	-0.09%
IVZ	B	-0.09%
ALLE	D	-0.08%
CMS	B	-0.08%
PCG	A	-0.08%
SO	C	-0.08%
SRE	B	-0.08%
XEL	A	-0.08%
HWM	B	-0.08%
PPL	A	-0.08%
AEE	A	-0.08%
CARR	D	-0.08%
TDG	D	-0.08%
JCI	C	-0.08%
UNP	C	-0.08%
CMI	A	-0.08%
NSC	A	-0.08%
OTIS	C	-0.08%
GNRC	B	-0.08%
WYNN	D	-0.08%
ODFL	B	-0.08%
RTX	D	-0.08%
HII	D	-0.08%
BX	B	-0.08%
BLK	C	-0.08%
LHX	C	-0.08%
LVS	C	-0.08%
AMP	A	-0.08%
MOS	F	-0.08%
CSX	B	-0.08%
CTVA	A	-0.08%
O	D	-0.07%
SPG	A	-0.07%
LYB	F	-0.07%
SW	B	-0.07%
PPG	D	-0.07%
FANG	F	-0.07%
OXY	F	-0.07%
CZR	D	-0.07%
COP	D	-0.07%
MRO	B	-0.07%
MGM	F	-0.07%
EOG	C	-0.07%
DOW	F	-0.07%
HES	B	-0.07%
PNW	A	-0.07%
FDX	B	-0.07%
WEC	A	-0.07%
CE	F	-0.07%
ES	D	-0.07%
TT	A	-0.07%
DUK	C	-0.07%
TFC	B	-0.06%
CFG	B	-0.06%
FI	A	-0.06%
USB	A	-0.06%
PNC	A	-0.06%
KEY	B	-0.06%
RF	B	-0.06%
MTB	B	-0.06%
EW	C	-0.06%
ABT	B	-0.06%
MDT	D	-0.06%
AVY	D	-0.06%
PYPL	B	-0.06%
BSX	B	-0.06%
IP	B	-0.06%
PKG	A	-0.06%
KIM	A	-0.06%
PLD	D	-0.06%
FRT	A	-0.06%
SHW	A	-0.06%
VICI	C	-0.06%
CCI	D	-0.06%
IRM	C	-0.06%
FICO	A	-0.05%
IFF	D	-0.05%
ECL	D	-0.05%
SOLV	C	-0.05%
BAX	F	-0.05%
APD	A	-0.05%
BDX	F	-0.05%
TFX	F	-0.05%
WST	C	-0.05%
EMN	D	-0.05%
DD	D	-0.05%
ALB	C	-0.05%
JKHY	D	-0.05%
FIS	D	-0.05%
AON	A	-0.04%
MMC	A	-0.04%
BRO	A	-0.04%
EFX	D	-0.04%
CBRE	A	-0.04%
CSGP	C	-0.04%
VRSK	A	-0.04%
GPN	C	-0.04%
FDS	B	-0.04%
MCO	A	-0.04%
MA	A	-0.04%
CBOE	B	-0.04%
MSCI	B	-0.04%
ICE	D	-0.04%
CPAY	A	-0.04%
ROP	B	-0.03%
VLTO	D	-0.03%
ROK	B	-0.03%
NDSN	B	-0.03%
TDY	B	-0.03%
EMR	A	-0.03%
FTV	B	-0.03%
AJG	A	-0.03%