FWD vs. RBLD ETF Comparison

Comparison of AB Disruptors ETF (FWD) to First Trust Alerian U.S. NextGen Infrastructure ETF (RBLD)

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

RBLD

First Trust Alerian U.S. NextGen Infrastructure ETF

RBLD Description

Traded Fund II - First Trust Alerian U.S. NextGen Infrastructure ETF is an exchange traded fund launched and managed by First Trust Advisors L.P. The fund invests in public equity markets of global region. The fund invests in stocks of companies operating across industrials, capital goods, construction and engineering, construction and engineering, commercial construction and engineering, commercial construction, general contractors and operative builders, industrial buildings and warehouses, commercial and institutional buildings, hotel and motel construction, heavy construction, construction support services, engineering and surveying services, engineering services, machinery, construction machinery and heavy trucks, trading companies and distributors, machinery distribution, construction machinery distribution, machinery rental and leasing, construction machinery rental and leasing, commercial and professional services, commercial services and supplies, diversified support services, government related services, civil services, consumer discretionary, consumer durables and apparel, household durables, homebuilding, residential construction, general contractors and operative builders, information technology, software and services, software, application software, enterprise software, industry specific software, construction industry software sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the Alerian U.S. NextGen Infrastructure Index, by using full replication technique. First Trust Alerian U.S. NextGen Infrastructure ETF was formed on October 13, 2008 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$72.51

Average Daily Volume

563

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	FWD	RBLD
30 Days	6.41%	6.11%
60 Days	8.28%	7.98%
90 Days	8.11%	13.04%
12 Months	46.37%	37.58%

11 Overlapping Holdings

Symbol	Grade	Weight in FWD	Weight in RBLD	Overlap
BKR	B	0.85%	1.11%	0.85%
CAT	B	0.98%	0.95%	0.95%
ETN	A	1.09%	1.04%	1.04%
FCX	D	0.42%	0.85%	0.42%
GEV	B	2.15%	1.2%	1.2%
MDB	C	0.91%	0.97%	0.91%
NEE	D	0.79%	0.9%	0.79%
TT	A	1.05%	1.01%	1.01%
VRT	B	1.67%	1.09%	1.09%
VST	B	2.35%	1.08%	1.08%
WAB	B	0.86%	1.04%	0.86%

FWD Overweight 68 Positions Relative to RBLD

Symbol	Grade	Weight
NVDA	C	5.29%
TSLA	B	3.08%
ORCL	B	1.81%
AMZN	C	1.73%
ISRG	A	1.62%
BSX	B	1.56%
NFLX	A	1.54%
ANET	C	1.53%
TXN	C	1.51%
META	D	1.41%
SHOP	B	1.39%
PLTR	B	1.33%
GOOGL	C	1.3%
AVGO	D	1.29%
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%
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%
AMAT	F	0.87%
SYK	C	0.81%
GWRE	A	0.79%
LLY	F	0.76%
CIEN	B	0.74%
FROG	C	0.74%
MNDY	C	0.74%
ABBV	D	0.73%
SNPS	B	0.72%
RBLX	C	0.72%
ADBE	C	0.71%
AMD	F	0.7%
MSFT	F	0.7%
LITE	B	0.66%
AFRM	A	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%
NOW	A	0.55%
GTLB	B	0.53%
RDDT	B	0.53%
ABT	B	0.52%
UBER	D	0.52%
CRL	C	0.5%
BSY	D	0.48%
CFLT	B	0.48%
ABNB	C	0.46%
IPGP	D	0.44%
IQV	D	0.43%
RGEN	D	0.41%
Z	A	0.4%

FWD Underweight 89 Positions Relative to RBLD

Symbol	Grade	Weight
SNA	A	-1.21%
TRGP	B	-1.14%
EMR	A	-1.13%
VMC	B	-1.12%
GDDY	A	-1.11%
AME	A	-1.11%
ETR	B	-1.1%
OKE	A	-1.1%
DLR	B	-1.09%
WMB	A	-1.09%
EME	C	-1.09%
KMI	A	-1.09%
PCAR	B	-1.08%
SRE	A	-1.08%
LNG	B	-1.07%
PNR	A	-1.07%
IEX	B	-1.07%
PH	A	-1.07%
JCI	C	-1.07%
XEL	A	-1.07%
OC	A	-1.07%
CMI	A	-1.06%
MLM	B	-1.06%
HON	B	-1.05%
FIX	A	-1.05%
RS	B	-1.05%
DOV	A	-1.05%
ROK	B	-1.04%
STLD	B	-1.04%
PCG	A	-1.04%
NSC	B	-1.04%
EVRG	A	-1.03%
NI	A	-1.03%
GGG	B	-1.02%
ITW	B	-1.02%
PPL	B	-1.02%
PWR	A	-1.02%
LII	A	-1.01%
SNOW	C	-1.01%
IR	B	-1.01%
ATO	A	-1.01%
AEE	A	-1.01%
NRG	B	-1.01%
EQIX	A	-1.0%
ACM	B	-1.0%
CSX	B	-1.0%
CNP	B	-0.99%
ITT	A	-0.99%
WEC	A	-0.99%
LNT	A	-0.98%
NDSN	B	-0.98%
D	C	-0.98%
UNP	C	-0.96%
VRSN	F	-0.96%
OKTA	C	-0.96%
EIX	B	-0.96%
HUBB	B	-0.96%
MMM	D	-0.96%
NET	B	-0.96%
ALLE	D	-0.95%
DUK	C	-0.95%
FTV	C	-0.95%
CSL	C	-0.95%
HAL	C	-0.95%
PEG	A	-0.95%
SO	D	-0.95%
DTE	C	-0.94%
OTIS	C	-0.94%
AWK	D	-0.94%
NUE	C	-0.94%
EXC	C	-0.94%
SLB	C	-0.94%
CMS	C	-0.94%
ES	D	-0.93%
AEP	D	-0.93%
FE	C	-0.93%
BLDR	D	-0.92%
MAS	D	-0.92%
CCI	D	-0.91%
SBAC	D	-0.91%
ED	D	-0.91%
CARR	D	-0.9%
XYL	D	-0.88%
AMT	D	-0.87%
WMS	D	-0.84%
AKAM	D	-0.83%
CEG	D	-0.83%
SWK	D	-0.78%
AES	F	-0.78%