ILDR vs. QQEW ETF Comparison

Comparison of First Trust Innovation Leaders ETF (ILDR) to First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW)

ILDR

First Trust Innovation Leaders ETF

ILDR Description

First Trust Innovation Leaders ETF is an exchange-traded fund incorporated in the USA. The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in common stock and depository receipts issued by U.S. and non-U.S. companies that may benefit from the development or application of scientific and technological innovation. The fund’s investments will be concentrated in the information technology sector, and therefore, may be concentrated in one or more industries within the information technology sector. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.16

Average Daily Volume

11,195

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

$130.64

Average Daily Volume

54,606

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	ILDR	QQEW
30 Days	4.70%	4.45%
60 Days	8.19%	5.07%
90 Days	10.10%	5.05%
12 Months	42.49%	20.64%

22 Overlapping Holdings

Symbol	Grade	Weight in ILDR	Weight in QQEW	Overlap
ABNB	C	0.48%	0.98%	0.48%
ADBE	C	0.89%	0.97%	0.89%
AMZN	C	6.57%	1.06%	1.06%
AVGO	D	2.87%	0.96%	0.96%
CEG	D	2.41%	0.85%	0.85%
DDOG	A	0.85%	1.1%	0.85%
GOOG	C	3.78%	0.52%	0.52%
ISRG	A	1.03%	1.06%	1.03%
MDB	C	0.75%	1.01%	0.75%
META	D	3.56%	0.99%	0.99%
MRVL	B	1.73%	1.18%	1.18%
MSFT	F	4.89%	0.94%	0.94%
MU	D	1.82%	1.05%	1.05%
NFLX	A	1.14%	1.15%	1.14%
NVDA	C	8.61%	1.21%	1.21%
PANW	C	1.16%	1.11%	1.11%
QCOM	F	1.65%	0.93%	0.93%
REGN	F	0.43%	0.66%	0.43%
TTD	B	0.8%	1.1%	0.8%
VRTX	F	0.98%	1.0%	0.98%
WDAY	B	1.4%	1.05%	1.05%
ZS	C	1.07%	1.16%	1.07%

ILDR Overweight 36 Positions Relative to QQEW

Symbol	Grade	Weight
ORCL	B	6.12%
NOW	A	3.17%
UBER	D	2.96%
SHOP	B	2.09%
GTLS	B	1.46%
TOST	B	1.44%
DUK	C	1.33%
SMR	B	1.31%
MRK	F	1.24%
BMRN	D	1.21%
AVAV	D	1.18%
BWXT	B	1.16%
SQ	B	1.12%
TMO	F	1.1%
RMBS	C	1.08%
ANET	C	1.06%
V	A	1.04%
DT	C	1.03%
AVTR	F	1.01%
TW	A	0.94%
HALO	F	0.93%
SWTX	C	0.9%
FOLD	F	0.89%
GEV	B	0.79%
CYBR	B	0.76%
GTLB	B	0.69%
AKAM	D	0.68%
MDGL	B	0.68%
MIRM	B	0.67%
OKLO	B	0.58%
ABBV	D	0.57%
GRAB	B	0.56%
NBIX	C	0.5%
RCUS	F	0.44%
SGBX	F	0.41%
LLY	F	0.35%

ILDR Underweight 79 Positions Relative to QQEW

Symbol	Grade	Weight
TEAM	A	-1.47%
TSLA	B	-1.25%
LULU	C	-1.21%
DASH	A	-1.19%
FTNT	C	-1.18%
TTWO	A	-1.17%
BKNG	A	-1.17%
CHTR	C	-1.15%
WBD	C	-1.15%
BKR	B	-1.15%
TMUS	B	-1.14%
EA	A	-1.13%
PCAR	B	-1.12%
ODFL	B	-1.11%
MAR	B	-1.11%
FAST	B	-1.11%
INTC	D	-1.1%
ADSK	A	-1.1%
CRWD	B	-1.1%
HON	B	-1.09%
PDD	F	-1.08%
CSCO	B	-1.07%
CPRT	A	-1.07%
PYPL	B	-1.07%
ORLY	B	-1.06%
CDNS	B	-1.06%
ADP	B	-1.05%
MNST	C	-1.05%
PAYX	C	-1.05%
GILD	C	-1.05%
VRSK	A	-1.04%
SNPS	B	-1.04%
CMCSA	B	-1.04%
ILMN	D	-1.04%
GFS	C	-1.04%
INTU	C	-1.04%
XEL	A	-1.03%
DXCM	D	-1.02%
ANSS	B	-1.02%
CTAS	B	-1.02%
CTSH	B	-1.02%
SBUX	A	-0.99%
COST	B	-0.98%
CSX	B	-0.98%
FANG	D	-0.97%
ROP	B	-0.97%
TXN	C	-0.97%
AAPL	C	-0.96%
ARM	D	-0.94%
PEP	F	-0.93%
NXPI	D	-0.93%
LRCX	F	-0.93%
AMAT	F	-0.93%
CSGP	D	-0.93%
CCEP	C	-0.93%
LIN	D	-0.92%
ON	D	-0.92%
EXC	C	-0.91%
ADI	D	-0.9%
ROST	C	-0.89%
DLTR	F	-0.88%
AEP	D	-0.88%
GEHC	F	-0.88%
KHC	F	-0.87%
KDP	D	-0.86%
MELI	D	-0.86%
MDLZ	F	-0.85%
AMD	F	-0.85%
ASML	F	-0.84%
AMGN	D	-0.84%
KLAC	D	-0.82%
MCHP	D	-0.82%
AZN	D	-0.8%
IDXX	F	-0.8%
BIIB	F	-0.79%
CDW	F	-0.77%
MRNA	F	-0.58%
GOOGL	C	-0.52%
SMCI	F	-0.38%