FWD vs. FTQI ETF Comparison

Comparison of AB Disruptors ETF (FWD) to First Trust Low Beta Income ETF (FTQI)

FWD

AB Disruptors ETF

FWD Description

FWD seeks capital growth by actively investing in companies globally, believed to be at the forefront of innovative growth trends. The funds adviser considers such companies as market disrupters. Many may utilize technology to enhance or create new demand for their product or service. The selection process combines a top-down evaluation of macroeconomic growth trends with fundamental, bottom-up analysis of individual companies. Factors such as current and projected profitability, pricing power, competitiveness, technological superiority, and management robustness of a company are considered. Targeted themes may include cloud infrastructure & AI, energy transition, transportation & logistics, medical innovation, digital transactions & media, and industrial innovation. The resulting portfolio of 80-120 stocks is considered non-diversified and may heavily focus on industries within the Information Technology sector.

Grade (RS Rating)

Last Trade

$83.95

Average Daily Volume

20,955

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$20.89

Average Daily Volume

181,406

Number of Holdings ^*

195

* may have additional holdings in another (foreign) market

Performance

Period	FWD	FTQI
30 Days	6.41%	2.45%
60 Days	8.28%	3.28%
90 Days	8.11%	5.53%
12 Months	46.37%	18.20%

22 Overlapping Holdings

Symbol	Grade	Weight in FWD	Weight in FTQI	Overlap
ABBV	D	0.73%	0.17%	0.17%
ADBE	C	0.71%	1.22%	0.71%
AMD	F	0.7%	1.45%	0.7%
AMZN	C	1.73%	4.39%	1.73%
ANET	C	1.53%	0.29%	0.29%
AVGO	D	1.29%	4.07%	1.29%
BSY	D	0.48%	0.14%	0.14%
CAT	B	0.98%	0.15%	0.15%
ETN	A	1.09%	0.14%	0.14%
GEV	B	2.15%	0.05%	0.05%
GOOGL	C	1.3%	1.87%	1.3%
LITE	B	0.66%	0.25%	0.25%
LLY	F	0.76%	0.9%	0.76%
META	D	1.41%	4.15%	1.41%
MSFT	F	0.7%	8.03%	0.7%
NFLX	A	1.54%	2.4%	1.54%
NOW	A	0.55%	0.46%	0.46%
NVDA	C	5.29%	5.22%	5.22%
ORCL	B	1.81%	0.75%	0.75%
RGEN	D	0.41%	0.02%	0.02%
TSLA	B	3.08%	3.05%	3.05%
TXN	C	1.51%	1.54%	1.51%

FWD Overweight 57 Positions Relative to FTQI

Symbol	Grade	Weight
VST	B	2.35%
VRT	B	1.67%
ISRG	A	1.62%
BSX	B	1.56%
SHOP	B	1.39%
PLTR	B	1.33%
HWM	A	1.21%
SPOT	B	1.16%
FTNT	C	1.15%
EPAM	C	1.14%
CRWD	B	1.11%
APO	B	1.09%
COHR	B	1.06%
DASH	A	1.06%
TTD	B	1.05%
TT	A	1.05%
MRVL	B	1.02%
MU	D	1.01%
DDOG	A	0.99%
ON	D	0.98%
IOT	A	0.98%
TEAM	A	0.95%
LSCC	D	0.94%
LRCX	F	0.94%
TER	D	0.93%
ARM	D	0.91%
MDB	C	0.91%
AMAT	F	0.87%
WAB	B	0.86%
BKR	B	0.85%
SYK	C	0.81%
NEE	D	0.79%
GWRE	A	0.79%
CIEN	B	0.74%
FROG	C	0.74%
MNDY	C	0.74%
SNPS	B	0.72%
RBLX	C	0.72%
AFRM	B	0.66%
SLAB	D	0.65%
HUBS	A	0.65%
BKNG	A	0.63%
ADI	D	0.63%
MELI	D	0.62%
TMO	F	0.58%
ILMN	D	0.56%
GTLB	B	0.53%
RDDT	B	0.53%
ABT	B	0.52%
UBER	D	0.52%
CRL	C	0.5%
CFLT	B	0.48%
ABNB	C	0.46%
IPGP	D	0.44%
IQV	D	0.43%
FCX	D	0.42%
Z	A	0.4%

FWD Underweight 173 Positions Relative to FTQI

Symbol	Grade	Weight
AAPL	C	-9.03%
COST	B	-2.64%
GOOG	C	-1.87%
TMUS	B	-1.78%
CSCO	B	-1.56%
PEP	F	-1.45%
INTU	C	-1.32%
EQIX	A	-1.25%
LIN	D	-1.19%
QCOM	F	-1.11%
CME	A	-0.96%
NTAP	C	-0.79%
CHKP	D	-0.72%
SPGI	C	-0.6%
CRM	B	-0.58%
APH	A	-0.58%
MGEE	C	-0.58%
APP	B	-0.52%
UFPI	B	-0.51%
PTC	A	-0.5%
LNT	A	-0.49%
DUOL	A	-0.48%
CASY	A	-0.43%
TYL	B	-0.4%
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%
PAGP	A	-0.29%
BCPC	B	-0.29%
TSCO	D	-0.28%
SBAC	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%
AMT	D	-0.27%
EVRG	A	-0.26%
SOFI	A	-0.26%
WWD	B	-0.25%
AXON	A	-0.25%
ICLR	D	-0.25%
UMBF	B	-0.24%
CYBR	B	-0.24%
V	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%
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%
ARGX	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%
WTW	B	-0.16%
LSTR	D	-0.15%
XOM	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%
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%
VMC	B	-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%
TW	A	-0.05%
CVCO	A	-0.04%
APA	D	-0.03%
QRVO	F	-0.03%
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%