GRID vs. QQEW ETF Comparison

Comparison of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) to First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW)

GRID

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

GRID Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ OMX(R) Clean Edge(R) Smart Grid Infrastructure Index(SM). The fund normally invests at least 90% of assets in common stocks that comprise the index or in depositary receipts representing securities in the index. The index is designed to act as a transparent and liquid benchmark for the grid and electric energy infrastructure sector. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$125.90

Average Daily Volume

103,698

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QQEW

First Trust NASDAQ-100 Equal Weighted Index Fund

QQEW Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ-100 Equal Weighted Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The NASDAQ-100 Equal Weighted Index(SM) is the equal-weighted version of the NASDAQ-100 Index(R) which includes 100 of the largest non-financial securities listed on NASDAQ(R) based on market capitalization. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$124.87

Average Daily Volume

71,758

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	GRID	QQEW
30 Days	5.59%	1.00%
60 Days	7.14%	1.31%
90 Days	6.67%	0.65%
12 Months	29.76%	19.00%

8 Overlapping Holdings

Symbol	Grade	Weight in GRID	Weight in QQEW	Overlap
ADI	C	0.77%	0.97%	0.77%
CSCO	C	1.38%	1.06%	1.06%
HON	D	0.98%	0.97%	0.97%
NVDA	D	2.16%	0.96%	0.96%
NXPI	F	0.36%	0.84%	0.36%
QCOM	D	1.27%	0.79%	0.79%
TSLA	C	2.56%	1.27%	1.27%
TXN	C	1.23%	1.02%	1.02%

GRID Overweight 37 Positions Relative to QQEW

Symbol	Grade	Weight
ABBV	C	7.99%
JCI	B	7.76%
ETN	C	7.24%
PWR	B	3.87%
HUBB	B	3.54%
APTV	D	3.01%
ENPH	D	2.33%
ORCL	C	1.89%
NVT	D	1.62%
IBM	B	1.34%
GE	B	1.12%
ITRI	C	0.68%
ATKR	F	0.5%
AEIS	D	0.48%
EMR	D	0.43%
GEV	B	0.35%
MYRG	F	0.22%
FLNC	C	0.19%
SEDG	F	0.16%
AMSC	D	0.13%
TRMB	C	0.09%
WLDN	B	0.08%
AES	C	0.07%
GNRC	D	0.06%
MTZ	B	0.05%
WCC	D	0.05%
PLPC	D	0.05%
VMI	D	0.04%
LFUS	C	0.04%
ENS	D	0.03%
BDC	B	0.03%
ACA	B	0.03%
STM	F	0.02%
ESE	B	0.02%
DGII	D	0.01%
AZZ	D	0.01%
EBR	D	0.0%

GRID Underweight 93 Positions Relative to QQEW

Symbol	Grade	Weight
MELI	B	-1.36%
MDB	D	-1.32%
FTNT	C	-1.29%
SBUX	C	-1.26%
ILMN	C	-1.21%
XEL	B	-1.21%
AEP	C	-1.2%
GILD	B	-1.19%
PYPL	B	-1.18%
CTAS	B	-1.18%
CHTR	D	-1.18%
ISRG	B	-1.16%
DASH	C	-1.16%
TMUS	C	-1.16%
EXC	C	-1.16%
WDAY	D	-1.16%
ADP	B	-1.14%
CTSH	C	-1.13%
MDLZ	B	-1.13%
ADBE	F	-1.12%
GEHC	C	-1.12%
REGN	C	-1.12%
ODFL	D	-1.11%
TTD	B	-1.09%
ADSK	C	-1.09%
AMGN	B	-1.09%
AAPL	C	-1.09%
CCEP	B	-1.09%
PANW	D	-1.09%
KDP	B	-1.09%
COST	B	-1.09%
PEP	C	-1.08%
META	B	-1.08%
PAYX	C	-1.08%
WBD	D	-1.08%
KHC	C	-1.08%
FAST	C	-1.08%
CSGP	D	-1.07%
LIN	B	-1.07%
EA	D	-1.06%
MRVL	C	-1.05%
ORLY	C	-1.05%
VRTX	D	-1.04%
CMCSA	D	-1.04%
INTU	C	-1.04%
ROST	C	-1.04%
BKR	C	-1.03%
ON	D	-1.03%
MNST	D	-1.03%
TEAM	D	-1.03%
AZN	D	-1.02%
NFLX	B	-1.02%
CSX	D	-1.02%
IDXX	C	-1.02%
AVGO	C	-1.01%
VRSK	D	-1.01%
ANSS	D	-1.0%
ROP	C	-1.0%
AMZN	C	-1.0%
TTWO	C	-0.99%
BKNG	C	-0.98%
MAR	C	-0.96%
MSFT	C	-0.96%
DDOG	D	-0.95%
AMD	D	-0.95%
CDW	D	-0.94%
ZS	F	-0.94%
CPRT	D	-0.93%
FANG	D	-0.91%
PCAR	D	-0.91%
KLAC	D	-0.91%
BIIB	F	-0.9%
ARM	D	-0.88%
CEG	C	-0.88%
CDNS	D	-0.86%
LULU	D	-0.85%
MCHP	F	-0.84%
SNPS	D	-0.82%
ABNB	D	-0.8%
AMAT	D	-0.79%
GFS	F	-0.79%
ASML	F	-0.78%
LRCX	F	-0.72%
CRWD	D	-0.69%
PDD	F	-0.69%
DLTR	F	-0.64%
INTC	F	-0.63%
MU	F	-0.63%
DXCM	F	-0.6%
MRNA	F	-0.53%
GOOGL	D	-0.44%
GOOG	D	-0.44%
SMCI	F	-0.39%

GRID: Top Represented Industries & Keywords

Industries: Electronic Components Semiconductors Diversified Industrials Engineering & Construction Scientific & Technical Instruments Communication Equipment Specialty Industrial Machinery Utilities - Renewable Auto Manufacturers Auto Parts Drug Manufacturers - Major Electronics Distribution Industrial Distribution Information Technology Services Infrastructure Operations Metal Fabrication Semiconductor Equipment & Materials Software - Infrastructure Solar Utilities - Diversified