IBBQ vs. MMSC ETF Comparison

Comparison of Invesco Nasdaq Biotechnology ETF (IBBQ) to First Trust Multi-Manager Small (MMSC)

IBBQ

Invesco Nasdaq Biotechnology ETF

IBBQ Description

The investment seeks to track the investment results (before fees and expenses) of the Nasdaq Biotechnology Index ®. The fund generally will invest at least 90% of its total assets in the securities that comprise the index. Strictly in accordance with its guidelines and mandated procedures, Nasdaq compiles the underlying index, which is a modified market capitalization weighted index that is designed to measure the performance of securities listed on the Nasdaq Stock Market that are classified as either biotechnology or pharmaceutical companies. The index may include securities of large-, mid- and small-capitalization companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$21.98

Average Daily Volume

18,040

Number of Holdings ^*

195

* may have additional holdings in another (foreign) market

MMSC

First Trust Multi-Manager Small

MMSC Description

First Trust Multi-Manager Small is an exchange traded fund launched and managed by First Trust Advisors L.P. The fund is co-managed by Driehaus Capital Management LLC and Stephens Investment Management Group. It invests in the public equity markets of global region. The fund invests in stocks of companies operating across diversified sectors. It invests in growth stocks of small cap companies, within the market capitalization range of the Russell 2000 Growth Index. The fund invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund employs external research to create its portfolio. First Trust Multi-Manager Small was formed on October 13, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$21.70

Average Daily Volume

7,233

Number of Holdings ^*

181

* may have additional holdings in another (foreign) market

Performance

Period	IBBQ	MMSC
30 Days	-8.80%	2.65%
60 Days	-10.14%	5.54%
90 Days	-9.99%	8.72%
12 Months	15.56%	39.27%

20 Overlapping Holdings

Symbol	Grade	Weight in IBBQ	Weight in MMSC	Overlap
CRNX	C	0.47%	1.41%	0.47%
EWTX	C	0.32%	0.24%	0.24%
EXEL	B	1.06%	0.71%	0.71%
HALO	F	0.62%	0.62%	0.62%
INSM	C	1.23%	0.06%	0.06%
ITCI	B	0.95%	0.33%	0.33%
KRYS	C	0.53%	0.16%	0.16%
KYMR	C	0.29%	0.41%	0.29%
LGND	C	0.22%	0.68%	0.22%
MEDP	D	1.04%	0.44%	0.44%
MRUS	F	0.34%	0.35%	0.34%
NUVL	D	0.56%	0.38%	0.38%
PCVX	D	1.04%	0.97%	0.97%
PTCT	C	0.32%	0.13%	0.13%
RARE	F	0.44%	0.4%	0.4%
RNA	C	0.53%	0.34%	0.34%
RYTM	C	0.37%	0.37%	0.37%
SUPN	B	0.21%	0.61%	0.21%
WVE	C	0.18%	0.45%	0.18%
XENE	D	0.33%	0.73%	0.33%

IBBQ Overweight 175 Positions Relative to MMSC

Symbol	Grade	Weight
GILD	C	9.95%
VRTX	D	8.34%
AMGN	D	7.56%
REGN	F	5.67%
AZN	F	3.97%
ALNY	D	3.26%
BIIB	F	2.52%
ILMN	C	2.32%
ARGX	B	1.96%
UTHR	C	1.75%
VTRS	A	1.65%
INCY	C	1.58%
MRNA	F	1.53%
SNY	F	1.51%
SMMT	D	1.43%
BMRN	F	1.3%
NBIX	C	1.28%
RPRX	F	1.24%
SRPT	F	1.08%
BNTX	C	1.05%
RVMD	B	0.99%
BGNE	D	0.91%
ROIV	D	0.89%
JAZZ	C	0.81%
ASND	F	0.79%
MDGL	C	0.67%
CYTK	D	0.64%
BPMC	C	0.61%
IONS	F	0.54%
ACLX	C	0.51%
ALKS	C	0.5%
ADMA	C	0.48%
AXSM	B	0.48%
BBIO	F	0.48%
CRSP	D	0.43%
IMVT	F	0.42%
GH	B	0.39%
DNLI	C	0.39%
LEGN	F	0.34%
APLS	F	0.34%
AGIO	C	0.33%
DYN	F	0.31%
FOLD	F	0.31%
VCYT	B	0.3%
ACAD	C	0.3%
SWTX	C	0.29%
VRNA	B	0.28%
VCEL	A	0.28%
IOVA	F	0.27%
JANX	C	0.27%
VERA	C	0.27%
PTGX	D	0.26%
ARWR	D	0.25%
GERN	F	0.24%
IDYA	F	0.24%
MIRM	C	0.23%
SRRK	B	0.23%
KROS	D	0.23%
TWST	F	0.23%
AMPH	F	0.23%
AKRO	C	0.21%
BEAM	C	0.21%
MNKD	B	0.2%
HRMY	F	0.2%
FTRE	D	0.19%
NVCR	D	0.19%
IRON	C	0.19%
RXRX	D	0.18%
TARS	C	0.18%
ARVN	F	0.17%
DVAX	C	0.17%
BCRX	D	0.16%
NRIX	C	0.16%
ZLAB	C	0.15%
TVTX	C	0.15%
SPRY	C	0.15%
HROW	D	0.15%
MYGN	F	0.15%
NTLA	F	0.15%
OCUL	C	0.15%
XNCR	B	0.15%
RCKT	F	0.14%
DAWN	D	0.14%
SNDX	F	0.14%
AUPH	C	0.13%
ARDX	F	0.13%
NVAX	F	0.13%
INVA	C	0.13%
ANIP	D	0.13%
IMCR	C	0.13%
KURA	F	0.13%
ARQT	C	0.12%
VIR	F	0.12%
CNTA	B	0.12%
ELVN	C	0.12%
GRFS	C	0.12%
COLL	F	0.1%
COGT	D	0.1%
CGEM	F	0.09%
BCYC	F	0.09%
ETNB	D	0.09%
GMAB	F	0.09%
REPL	C	0.08%
ADPT	C	0.08%
PLRX	D	0.08%
ERAS	C	0.08%
PRTA	F	0.08%
EOLS	F	0.08%
PCRX	C	0.08%
ABCL	C	0.08%
CSTL	C	0.08%
AUTL	F	0.07%
MRVI	F	0.07%
AVXL	C	0.07%
IRWD	F	0.07%
RLAY	F	0.07%
ABUS	D	0.07%
HCM	F	0.06%
OLMA	F	0.06%
SANA	F	0.06%
GLPG	F	0.06%
CVAC	F	0.06%
MLYS	D	0.06%
ANAB	F	0.06%
HUMA	F	0.06%
PHAT	F	0.06%
ORIC	F	0.06%
TSHA	D	0.05%
SIGA	F	0.05%
ARCT	F	0.05%
XERS	C	0.05%
PACB	D	0.05%
TERN	F	0.05%
RVNC	F	0.05%
FDMT	F	0.05%
OABI	D	0.05%
TBPH	B	0.05%
URGN	F	0.05%
ALLO	F	0.05%
RGNX	D	0.05%
SVRA	F	0.05%
EYPT	D	0.05%
YMAB	F	0.05%
PAHC	B	0.05%
MGTX	C	0.05%
THRD	C	0.05%
LXRX	F	0.04%
ALEC	F	0.04%
PRME	F	0.04%
VERV	D	0.04%
KALV	F	0.04%
PGEN	F	0.03%
BMEA	F	0.03%
ZNTL	D	0.03%
ATAI	B	0.03%
LYEL	F	0.03%
VNDA	C	0.03%
ITOS	F	0.03%
QURE	C	0.03%
VYGR	F	0.03%
SAGE	F	0.03%
ACIU	D	0.03%
ACRS	B	0.02%
CABA	F	0.02%
CRBU	D	0.02%
FULC	F	0.02%
AMRN	F	0.02%
EDIT	F	0.02%
MGNX	D	0.02%
BLUE	F	0.01%
ALXO	F	0.01%
OVID	D	0.01%
CHRS	F	0.01%
VTYX	F	0.01%
RAPT	F	0.0%

IBBQ Underweight 161 Positions Relative to MMSC

Symbol	Grade	Weight
AXON	A	-2.41%
BRBR	A	-1.67%
CYBR	A	-1.65%
AAON	B	-1.39%
VRNS	D	-1.29%
SGBX	F	-1.13%
COHR	B	-1.09%
PLMR	A	-1.05%
AVAV	C	-0.99%
SFM	A	-0.97%
FTI	A	-0.94%
MOD	A	-0.93%
KTOS	C	-0.91%
HQY	A	-0.9%
FRPT	A	-0.84%
CWAN	B	-0.84%
GKOS	A	-0.82%
MANH	D	-0.82%
NTRA	A	-0.8%
CW	B	-0.79%
RBC	A	-0.78%
RYAN	B	-0.77%
GWRE	A	-0.74%
EZPW	A	-0.72%
MNDY	D	-0.7%
CVNA	A	-0.68%
FN	B	-0.68%
HEI	A	-0.67%
VSEC	B	-0.66%
CVLT	B	-0.66%
KNF	B	-0.66%
RVLV	B	-0.65%
ERJ	A	-0.64%
BFAM	F	-0.64%
MGNI	A	-0.64%
SPSC	F	-0.63%
MGY	A	-0.6%
FCN	F	-0.59%
SMTC	C	-0.59%
CRDO	B	-0.58%
MMS	D	-0.57%
PIPR	B	-0.57%
TTEK	F	-0.57%
BCPC	B	-0.56%
FLS	A	-0.56%
ITRI	B	-0.55%
POWL	C	-0.55%
ECPG	C	-0.55%
MKTX	D	-0.55%
WULF	C	-0.54%
ICFI	F	-0.53%
CR	A	-0.52%
MTSI	B	-0.51%
VRT	A	-0.51%
WING	D	-0.51%
TMDX	F	-0.51%
SITE	D	-0.5%
KNSL	B	-0.5%
FIX	A	-0.5%
LTH	C	-0.5%
SKY	A	-0.5%
PZZA	F	-0.49%
UPST	B	-0.48%
VIRT	A	-0.48%
ITGR	B	-0.47%
KMPR	A	-0.46%
PSN	C	-0.46%
EVR	B	-0.45%
STRL	A	-0.45%
RGEN	F	-0.45%
TBBK	B	-0.44%
HUBG	A	-0.44%
ALSN	B	-0.43%
CRS	A	-0.43%
AZEK	B	-0.43%
TREX	D	-0.43%
SITM	B	-0.42%
BROS	A	-0.42%
WAL	B	-0.42%
KRNT	B	-0.41%
NTNX	B	-0.41%
GLOB	C	-0.41%
LAD	B	-0.4%
BOOT	D	-0.39%
INTA	B	-0.39%
GMED	A	-0.38%
ONTO	F	-0.38%
TECH	F	-0.38%
SKWD	A	-0.38%
IRTC	C	-0.37%
TENB	D	-0.37%
FSS	B	-0.37%
TOST	A	-0.37%
VERX	A	-0.36%
RBRK	A	-0.36%
MOG.A	B	-0.35%
PRO	C	-0.35%
S	B	-0.35%
UEC	A	-0.35%
HSTM	A	-0.35%
WIX	A	-0.34%
LNN	B	-0.34%
ASO	F	-0.34%
EME	A	-0.33%
BMI	C	-0.33%
NEOG	D	-0.33%
AZTA	F	-0.32%
ALTR	B	-0.31%
IBP	F	-0.31%
ACHC	F	-0.31%
BLFS	C	-0.31%
OLLI	D	-0.31%
RMBS	C	-0.31%
HCI	C	-0.3%
FWRG	C	-0.3%
RXO	C	-0.3%
SDGR	C	-0.3%
CIEN	B	-0.3%
AIT	B	-0.29%
LRN	A	-0.29%
MEG	F	-0.29%
LNTH	F	-0.29%
SHAK	C	-0.28%
PSTG	F	-0.28%
WHD	B	-0.27%
COMP	B	-0.27%
ALKT	B	-0.27%
POWI	D	-0.27%
AMRC	F	-0.26%
CGNX	D	-0.26%
SAIA	C	-0.26%
BWXT	A	-0.26%
JBT	A	-0.26%
GNRC	B	-0.26%
ROAD	A	-0.26%
LSCC	D	-0.25%
AMBA	B	-0.25%
TNDM	F	-0.25%
ANF	C	-0.25%
CHEF	B	-0.25%
LASR	D	-0.25%
SLAB	F	-0.24%
MTH	D	-0.24%
ESI	B	-0.24%
QNST	C	-0.24%
FIVE	F	-0.23%
PI	D	-0.23%
BECN	B	-0.22%
ASPN	F	-0.2%
BRZE	C	-0.19%
ICLR	F	-0.18%
ZETA	D	-0.17%
MAX	F	-0.17%
DNUT	F	-0.16%
AGYS	A	-0.16%
ENVX	F	-0.15%
PODD	B	-0.15%
RXST	F	-0.14%
OSCR	C	-0.11%
CELH	F	-0.1%
CSWI	A	-0.07%