FTQI vs. TCAF ETF Comparison

Comparison of First Trust Low Beta Income ETF (FTQI) to T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Capital Appreciation Equity ETF (TCAF)

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

$20.93

Average Daily Volume

181,406

Number of Holdings ^*

195

* may have additional holdings in another (foreign) market

TCAF

T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Capital Appreciation Equity ETF

TCAF Description

The fund normally invests at least 80% of its net assets (including any borrowings for investment purposes) in equity securities. The fund may purchase the stocks of companies of any size, but typically focuses on large U.S. companies. The fund may at times invest significantly in certain sectors, including the information technology and healthcare sectors. It is non-diversified.

Grade (RS Rating)

Last Trade

$34.00

Average Daily Volume

565,915

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FTQI	TCAF
30 Days	2.45%	1.74%
60 Days	3.28%	2.92%
90 Days	5.53%	3.99%
12 Months	18.20%	28.41%

26 Overlapping Holdings

Symbol	Grade	Weight in FTQI	Weight in TCAF	Overlap
AAPL	C	9.03%	5.34%	5.34%
ABBV	D	0.17%	0.67%	0.17%
AMD	F	1.45%	1.02%	1.02%
AMT	D	0.27%	0.7%	0.27%
AMZN	C	4.39%	4.51%	4.39%
APH	A	0.58%	0.04%	0.04%
ARGX	A	0.16%	0.26%	0.16%
AVGO	D	4.07%	1.39%	1.39%
CME	A	0.96%	0.24%	0.24%
CRM	B	0.58%	1.63%	0.58%
GOOGL	C	1.87%	3.12%	1.87%
INTU	C	1.32%	1.55%	1.32%
LIN	D	1.19%	1.24%	1.19%
LLY	F	0.9%	1.5%	0.9%
LNT	A	0.49%	0.12%	0.12%
META	D	4.15%	2.3%	2.3%
MSFT	F	8.03%	8.23%	8.03%
NVDA	C	5.22%	6.12%	5.22%
PTC	A	0.5%	1.67%	0.5%
SBAC	D	0.28%	0.55%	0.28%
SPGI	C	0.6%	0.2%	0.2%
TW	A	0.05%	0.1%	0.05%
TYL	B	0.4%	0.06%	0.06%
V	A	0.24%	1.44%	0.24%
VMC	B	0.13%	0.11%	0.11%
WTW	B	0.16%	0.21%	0.16%

FTQI Overweight 169 Positions Relative to TCAF

Symbol	Grade	Weight
TSLA	B	3.05%
COST	B	2.64%
NFLX	A	2.4%
GOOG	C	1.87%
TMUS	B	1.78%
CSCO	B	1.56%
TXN	C	1.54%
PEP	F	1.45%
EQIX	A	1.25%
ADBE	C	1.22%
QCOM	F	1.11%
NTAP	C	0.79%
ORCL	B	0.75%
CHKP	D	0.72%
MGEE	C	0.58%
APP	B	0.52%
UFPI	B	0.51%
DUOL	A	0.48%
NOW	A	0.46%
CASY	A	0.43%
WMT	A	0.39%
BGC	C	0.39%
STX	D	0.38%
ZBRA	B	0.37%
CG	A	0.37%
NDAQ	A	0.36%
A	D	0.34%
WFRD	D	0.31%
IESC	B	0.31%
ANET	C	0.29%
PAGP	A	0.29%
BCPC	B	0.29%
TSCO	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%
EVRG	A	0.26%
SOFI	A	0.26%
WWD	B	0.25%
LITE	B	0.25%
AXON	A	0.25%
ICLR	D	0.25%
UMBF	B	0.24%
CYBR	B	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%
MSI	B	0.22%
ERIE	D	0.22%
RVMD	C	0.22%
PTEN	C	0.22%
EXPE	B	0.22%
NBIX	C	0.21%
COKE	C	0.2%
PODD	C	0.2%
NTRA	B	0.2%
MANH	D	0.2%
DJT	C	0.2%
MPWR	F	0.2%
FFIV	B	0.2%
SAIA	B	0.2%
INCY	C	0.19%
NTRS	A	0.19%
CL	D	0.19%
FCNCA	A	0.18%
AAON	B	0.18%
HBAN	A	0.18%
REG	B	0.18%
NOVT	D	0.18%
ZION	B	0.18%
ICUI	D	0.18%
UTHR	C	0.18%
MKSI	C	0.18%
CHRW	C	0.18%
TRMB	B	0.18%
VRNS	D	0.18%
OLLI	D	0.18%
GH	B	0.17%
CINF	A	0.17%
MDGL	B	0.17%
DOX	D	0.17%
SSNC	B	0.17%
EBAY	D	0.17%
OLED	D	0.17%
LECO	B	0.16%
WIX	B	0.16%
MASI	A	0.16%
ITRI	B	0.16%
JAZZ	B	0.16%
MUSA	A	0.16%
PCVX	D	0.16%
BNTX	D	0.16%
FITB	A	0.16%
LSTR	D	0.15%
XOM	B	0.15%
CAT	B	0.15%
POOL	C	0.15%
AXP	A	0.15%
JBHT	C	0.15%
FRPT	B	0.14%
PH	A	0.14%
RMD	C	0.14%
BSY	D	0.14%
ETN	A	0.14%
PGR	A	0.14%
ENSG	D	0.14%
HALO	F	0.14%
CHDN	B	0.14%
ULTA	F	0.14%
MKTX	D	0.13%
TECH	D	0.13%
MIDD	C	0.13%
SFM	A	0.13%
MRUS	F	0.13%
WAT	B	0.13%
CYTK	F	0.13%
VEEV	C	0.13%
RGLD	C	0.13%
TTEK	F	0.13%
GE	D	0.12%
VKTX	F	0.12%
ALNY	D	0.12%
LANC	C	0.12%
KRYS	B	0.12%
TWST	D	0.12%
ROIV	C	0.12%
LOW	D	0.12%
MTD	D	0.11%
UFPT	B	0.11%
WM	A	0.11%
SHOO	D	0.11%
TROW	B	0.1%
MMYT	B	0.09%
BL	B	0.09%
DOCU	A	0.09%
LOGI	D	0.09%
HOLX	D	0.09%
TRMD	F	0.09%
CRVL	A	0.09%
CVLT	B	0.08%
CSWI	A	0.07%
BMRN	D	0.06%
ASND	D	0.05%
NWSA	B	0.05%
ACGL	D	0.05%
GEV	B	0.05%
CVCO	A	0.04%
APA	D	0.03%
QRVO	F	0.03%
RGEN	D	0.02%
OKTA	C	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%
APLS	D	0.01%
LNTH	D	0.01%
XRAY	F	0.01%
SRPT	D	0.01%
EXAS	D	0.01%
RPRX	D	0.01%

FTQI Underweight 67 Positions Relative to TCAF

Symbol	Grade	Weight
UNH	C	-2.95%
FTV	C	-2.71%
DHR	F	-2.63%
BDX	F	-2.48%
RVTY	F	-2.44%
AEE	A	-1.91%
ROP	B	-1.74%
WCN	A	-1.64%
MA	C	-1.53%
CNP	B	-1.49%
VLTO	D	-1.49%
RTX	C	-1.47%
DTE	C	-1.31%
ABT	B	-1.24%
MLM	B	-1.2%
IR	B	-1.19%
NOC	D	-1.18%
NI	A	-1.09%
ICE	C	-1.06%
MCK	B	-1.05%
YUM	B	-1.04%
MMC	B	-0.98%
ADSK	A	-0.95%
TMO	F	-0.93%
HLT	A	-0.92%
CMS	C	-0.82%
MCD	D	-0.78%
TDY	B	-0.71%
SCI	B	-0.68%
AVTR	F	-0.67%
ELV	F	-0.67%
AJG	B	-0.62%
HUM	C	-0.55%
GEHC	F	-0.54%
NXPI	D	-0.53%
BIIB	F	-0.53%
KKR	A	-0.49%
KDP	D	-0.46%
RSG	A	-0.44%
AUR	C	-0.41%
SBUX	A	-0.38%
NKE	D	-0.36%
EXC	C	-0.34%
BKNG	A	-0.34%
IEX	B	-0.33%
LRCX	F	-0.32%
ANSS	B	-0.32%
CSX	B	-0.28%
MAR	B	-0.28%
DLTR	F	-0.25%
ACN	C	-0.25%
AME	A	-0.2%
MS	A	-0.2%
CMG	B	-0.16%
SYK	C	-0.15%
SLB	C	-0.15%
MSCI	C	-0.14%
DIS	B	-0.14%
CDNS	B	-0.12%
KLAC	D	-0.12%
WEC	A	-0.12%
XEL	A	-0.11%
INFA	D	-0.1%
GS	A	-0.1%
PNC	B	-0.1%
BA	F	-0.09%
TT	A	-0.05%