IQSM vs. FTLS ETF Comparison

Comparison of IQ Candriam ESG U.S. Mid Cap Equity ETF (IQSM) to First Trust Long/Short Equity (FTLS)

IQSM

IQ Candriam ESG U.S. Mid Cap Equity ETF

IQSM Description

IQ Candriam ESG U.S. Mid Cap Equity ETF is an exchange traded fund launched by New York Life Investment Management LLC. The fund is managed by IndexIQ Advisors LLC. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of mid-cap companies. It invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund seeks to track the performance of the IQ Candriam ESG U.S. Mid Cap Equity Index, by using full replication technique. IQ Candriam ESG U.S. Mid Cap Equity ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$34.29

Average Daily Volume

13,747

Number of Holdings ^*

214

* may have additional holdings in another (foreign) market

FTLS

First Trust Long/Short Equity

FTLS Description

The investment seeks to provide investors with long-term total return. Under normal circumstances, at least 80% of the fund's assets (plus the amount of any borrowing for investment purposes) will be exposed to U.S. exchange-listed equity securities of U.S. and foreign companies by investing in such securities directly and/or in U.S. exchange-traded funds ("ETFs") that provide exposure to such securities. It may invest up to 20% of its net assets (plus the amount of any borrowing for investment purposes) in U.S. exchange-listed equity index futures contracts. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$65.63

Average Daily Volume

127,223

Number of Holdings ^*

384

* may have additional holdings in another (foreign) market

Performance

Period	IQSM	FTLS
30 Days	4.29%	2.15%
60 Days	5.32%	3.89%
90 Days	6.64%	3.71%
12 Months	27.71%	20.58%

38 Overlapping Holdings

Symbol	Grade	Weight in IQSM	Weight in FTLS	Overlap
AIZ	A	0.54%	0.22%	0.22%
ALB	C	0.57%	-0.04%	-0.04%
ALLY	C	0.47%	0.29%	0.29%
AM	A	0.24%	0.11%	0.11%
AXS	A	0.31%	0.14%	0.14%
AYI	B	0.48%	0.29%	0.29%
BJ	A	0.55%	0.47%	0.47%
BURL	A	0.84%	-0.03%	-0.03%
CFLT	B	0.31%	-0.04%	-0.04%
COTY	F	0.13%	-0.02%	-0.02%
CROX	D	0.28%	0.44%	0.28%
DLB	B	0.21%	-0.06%	-0.06%
EWBC	A	0.69%	0.25%	0.25%
EXEL	B	0.43%	0.19%	0.19%
FFIV	B	0.68%	0.4%	0.4%
FLEX	A	0.72%	0.44%	0.44%
GEN	B	0.79%	0.45%	0.45%
GL	B	0.47%	0.41%	0.41%
GWRE	A	0.72%	-0.2%	-0.2%
HRB	D	0.39%	0.19%	0.19%
INSM	C	0.54%	0.54%	0.54%
IPG	D	0.53%	-0.16%	-0.16%
JAZZ	B	0.36%	0.31%	0.31%
MAS	D	0.82%	0.46%	0.46%
MSA	D	0.3%	-0.06%	-0.06%
NWSA	B	0.53%	-0.03%	-0.03%
ORI	A	0.45%	0.15%	0.15%
PKG	A	1.0%	-0.15%	-0.15%
PNR	A	0.84%	0.56%	0.56%
PRI	A	0.5%	0.15%	0.15%
RIVN	F	0.35%	-0.02%	-0.02%
RL	B	0.41%	0.67%	0.41%
SAIA	B	0.69%	-0.02%	-0.02%
SFM	A	0.68%	0.16%	0.16%
SIGI	C	0.28%	0.13%	0.13%
TOL	B	0.76%	0.65%	0.65%
TTC	D	0.41%	0.31%	0.31%
TWLO	A	0.76%	0.72%	0.72%

IQSM Overweight 176 Positions Relative to FTLS

Symbol	Grade	Weight
EME	C	1.12%
YUMC	C	0.86%
KEY	B	0.85%
NTNX	A	0.83%
RPM	A	0.83%
MANH	D	0.82%
OC	A	0.81%
XPO	B	0.81%
KIM	A	0.78%
DOCU	A	0.77%
EQH	B	0.75%
UTHR	C	0.75%
FIX	A	0.74%
USFD	A	0.72%
RGA	A	0.72%
GGG	B	0.71%
ACM	A	0.7%
DT	C	0.68%
POOL	C	0.66%
EPAM	C	0.66%
UDR	B	0.65%
UNM	A	0.65%
RNR	C	0.64%
TPR	B	0.63%
CHRW	C	0.62%
CPT	B	0.61%
ELS	C	0.61%
JLL	D	0.6%
ITT	A	0.6%
AMH	D	0.6%
JKHY	D	0.6%
REG	B	0.59%
NBIX	C	0.59%
HST	C	0.59%
KMX	B	0.59%
JNPR	F	0.58%
NVT	B	0.58%
FTI	A	0.58%
WPC	D	0.57%
PAYC	B	0.56%
RRX	B	0.55%
SJM	D	0.55%
DAY	B	0.55%
BLD	D	0.55%
Z	A	0.55%
LW	C	0.55%
DKS	C	0.54%
CG	A	0.54%
NCLH	B	0.54%
TECH	D	0.54%
ATR	B	0.54%
SF	B	0.54%
TTEK	F	0.52%
CTLT	B	0.51%
FND	C	0.51%
CUBE	D	0.51%
WTRG	B	0.5%
CRL	C	0.48%
EHC	B	0.48%
LAD	A	0.48%
OHI	C	0.47%
LKQ	D	0.47%
INGR	B	0.47%
MKTX	D	0.47%
WAL	B	0.47%
SRPT	D	0.46%
ARMK	B	0.46%
QGEN	D	0.46%
WCC	B	0.46%
PCVX	D	0.46%
GLOB	B	0.46%
DTM	B	0.46%
EXAS	D	0.45%
BRBR	A	0.45%
FBIN	D	0.45%
FN	D	0.44%
DCI	B	0.44%
ROKU	D	0.44%
TFX	F	0.43%
PCTY	B	0.43%
REXR	F	0.43%
AXTA	A	0.43%
WMS	D	0.42%
SNX	C	0.42%
KNX	B	0.42%
AOS	F	0.42%
RVMD	C	0.42%
ITCI	C	0.41%
PEN	B	0.41%
BRX	A	0.41%
GPK	C	0.41%
MTZ	B	0.41%
CHE	D	0.4%
FRT	B	0.4%
PLNT	A	0.4%
MOS	F	0.4%
DVA	B	0.4%
X	C	0.39%
HAS	D	0.39%
VOYA	B	0.39%
NYT	C	0.39%
ONTO	D	0.38%
WH	B	0.37%
TREX	C	0.37%
HSIC	B	0.37%
MEDP	D	0.37%
RHI	B	0.37%
ADC	B	0.36%
ESTC	C	0.36%
KEX	C	0.36%
AA	B	0.35%
OLED	D	0.35%
APG	B	0.35%
G	B	0.35%
MHK	D	0.35%
RGEN	D	0.35%
ANF	C	0.34%
GNTX	C	0.34%
WEX	D	0.34%
GTLS	B	0.34%
ALV	C	0.34%
BPOP	B	0.33%
BEN	C	0.33%
H	B	0.33%
CMC	B	0.33%
FR	C	0.33%
AGNC	D	0.33%
RYAN	B	0.33%
LSCC	D	0.33%
CGNX	C	0.33%
GXO	B	0.33%
MKSI	C	0.33%
DINO	D	0.32%
AZEK	A	0.32%
LSTR	D	0.32%
PARA	C	0.32%
FCN	D	0.32%
HLNE	B	0.32%
HALO	F	0.32%
FAF	A	0.31%
DAR	C	0.31%
STAG	F	0.31%
MTN	C	0.31%
ARW	D	0.3%
WBA	F	0.3%
ESI	A	0.3%
NOV	C	0.3%
LFUS	F	0.29%
PVH	C	0.28%
AGCO	D	0.28%
SUM	B	0.28%
STWD	C	0.28%
CHX	C	0.28%
WFRD	D	0.28%
ETSY	D	0.28%
BPMC	C	0.28%
VKTX	F	0.27%
ALTR	B	0.27%
WTS	B	0.27%
CLF	F	0.26%
LEA	D	0.26%
CRUS	D	0.26%
PATH	C	0.26%
POST	C	0.25%
TKR	D	0.23%
FIVE	F	0.23%
ST	F	0.23%
IBP	D	0.23%
AN	C	0.21%
GAP	C	0.21%
ACHC	F	0.17%
ZG	A	0.16%
CACC	D	0.13%
NWS	B	0.11%
LEVI	F	0.08%
LCID	F	0.08%

IQSM Underweight 346 Positions Relative to FTLS

Symbol	Grade	Weight
AAPL	C	-7.44%
NVDA	C	-4.84%
MSFT	F	-4.45%
AMZN	C	-2.74%
TMUS	B	-2.32%
SCHW	B	-2.26%
C	A	-2.18%
LOW	D	-2.16%
ACN	C	-2.11%
PM	B	-1.92%
QCOM	F	-1.88%
JNJ	D	-1.85%
META	D	-1.77%
FDX	B	-1.69%
PH	A	-1.64%
CME	A	-1.57%
MO	A	-1.51%
VLO	C	-1.43%
GOOGL	C	-1.4%
MPC	D	-1.37%
USB	A	-1.35%
KMI	A	-1.23%
LNG	B	-1.19%
CL	D	-1.17%
GOOG	C	-1.17%
BRK.A	B	-1.13%
ILMN	D	-1.13%
CTAS	B	-1.09%
AVGO	D	-1.06%
TRV	B	-1.05%
TFC	A	-1.02%
FIS	C	-1.0%
HPQ	B	-1.0%
HWM	A	-0.97%
JPM	A	-0.93%
ALL	A	-0.88%
LLY	F	-0.84%
SYY	B	-0.83%
FANG	D	-0.83%
SYF	B	-0.79%
NTAP	C	-0.75%
PBR	C	-0.73%
JBL	B	-0.73%
AFL	B	-0.7%
EAT	A	-0.65%
CSL	C	-0.6%
CF	B	-0.55%
NVR	D	-0.55%
VLTO	D	-0.49%
VRSN	F	-0.45%
OKTA	C	-0.45%
ZIM	C	-0.44%
NTRS	A	-0.42%
NVS	D	-0.41%
VICI	C	-0.4%
PENN	C	-0.4%
SWK	D	-0.4%
CAG	D	-0.38%
DBX	B	-0.36%
EXP	A	-0.35%
CRS	A	-0.34%
SNA	A	-0.33%
TKO	B	-0.32%
WRB	A	-0.32%
LPX	B	-0.31%
CCK	C	-0.29%
PI	D	-0.27%
ASO	F	-0.27%
SPYV	A	-0.26%
SCHV	A	-0.26%
IWD	A	-0.26%
CNK	B	-0.24%
RPRX	D	-0.23%
KNSL	B	-0.22%
SAM	C	-0.21%
WHD	B	-0.21%
ALSN	B	-0.2%
MGY	A	-0.2%
MSM	C	-0.2%
COLB	A	-0.19%
UHS	D	-0.19%
THO	B	-0.18%
PNFP	B	-0.17%
ALKS	B	-0.17%
GLBE	B	-0.17%
ADMA	B	-0.17%
CALM	A	-0.16%
UMBF	B	-0.16%
STNG	F	-0.16%
TWST	D	-0.16%
MATX	C	-0.15%
CRC	B	-0.15%
SKYW	B	-0.15%
GM	B	-0.14%
CSWI	A	-0.13%
PAA	B	-0.13%
GMS	B	-0.13%
CBSH	A	-0.13%
CBT	C	-0.13%
LEG	F	-0.13%
LOGI	D	-0.13%
GFF	A	-0.13%
BFH	B	-0.13%
FTDR	A	-0.12%
SMPL	B	-0.12%
ZWS	B	-0.12%
VRNA	B	-0.12%
MTG	C	-0.12%
TCBI	B	-0.11%
ENLC	A	-0.11%
HESM	B	-0.11%
OPCH	D	-0.11%
PPC	C	-0.11%
BFAM	D	-0.11%
WGO	C	-0.11%
KRG	B	-0.11%
TBBK	B	-0.1%
LOPE	B	-0.1%
THG	A	-0.1%
MMS	F	-0.1%
ABM	B	-0.1%
NSA	D	-0.1%
ESNT	D	-0.09%
KFY	B	-0.09%
PRGS	A	-0.09%
DBRG	F	-0.09%
CARG	C	-0.09%
VCYT	B	-0.09%
CUBI	C	-0.09%
LCII	C	-0.09%
YOU	D	-0.09%
GRBK	D	-0.09%
EXTR	B	-0.09%
GBCI	B	-0.09%
LANC	C	-0.08%
UBSI	B	-0.08%
RDFN	D	-0.08%
TXG	F	-0.08%
EPR	D	-0.08%
KMPR	B	-0.08%
BOH	B	-0.08%
FOLD	F	-0.08%
RLI	B	-0.08%
PAYO	A	-0.08%
NMIH	D	-0.07%
EBC	B	-0.07%
BCRX	D	-0.07%
FHB	A	-0.07%
PBH	A	-0.07%
PLXS	B	-0.07%
WMB	A	-0.07%
REVG	B	-0.07%
AVNT	B	-0.07%
HAYW	B	-0.07%
AZZ	B	-0.07%
ICFI	F	-0.06%
ADUS	D	-0.06%
WFG	D	-0.06%
BRC	D	-0.06%
OTEX	D	-0.06%
PLMR	B	-0.06%
AUB	B	-0.06%
ROIC	A	-0.06%
SUPN	C	-0.06%
MQ	F	-0.06%
COLL	F	-0.05%
TRMD	F	-0.05%
GSL	F	-0.05%
AMPH	D	-0.05%
CDNA	D	-0.04%
MYGN	F	-0.04%
VSAT	F	--0.01%
VIST	A	--0.02%
CBU	B	--0.02%
AMRK	F	--0.02%
GPRE	F	--0.02%
RXST	F	--0.02%
DNB	B	--0.02%
HLN	D	--0.02%
KD	B	--0.02%
FRO	F	--0.02%
HON	B	--0.02%
LKFN	B	--0.02%
COHR	B	--0.02%
UWMC	D	--0.02%
WOLF	F	--0.02%
AER	B	--0.02%
IBOC	A	--0.02%
NVEE	F	--0.02%
EA	A	--0.02%
CVX	A	--0.02%
RUN	F	--0.02%
ENS	D	--0.02%
ARM	D	--0.02%
FSLR	F	--0.02%
ASPN	F	--0.02%
OSK	B	--0.03%
BE	B	--0.03%
UTZ	D	--0.03%
HHH	B	--0.03%
PRCT	B	--0.03%
WMT	A	--0.03%
PAR	B	--0.03%
ICHR	C	--0.03%
CNNE	B	--0.03%
GE	D	--0.03%
GKOS	B	--0.03%
BVN	F	--0.03%
SDGR	C	--0.03%
NEOG	F	--0.03%
OSIS	B	--0.03%
RDY	F	--0.03%
CLH	B	--0.03%
PSMT	C	--0.03%
ARLO	C	--0.03%
AMRC	F	--0.03%
AZTA	D	--0.03%
TMO	F	--0.03%
DIOD	D	--0.03%
SLGN	A	--0.03%
FAST	B	--0.03%
BIRK	D	--0.03%
AMD	F	--0.03%
STZ	D	--0.04%
CTRA	B	--0.04%
GATX	A	--0.04%
ATEC	C	--0.04%
EQT	B	--0.04%
ERJ	B	--0.04%
AMAT	F	--0.04%
APO	B	--0.04%
FFIN	B	--0.04%
TFIN	A	--0.04%
MARA	C	--0.04%
IRTC	D	--0.04%
CRDO	B	--0.04%
APPN	B	--0.04%
ENR	B	--0.04%
RCL	A	--0.04%
RH	B	--0.04%
LMND	B	--0.05%
SOFI	A	--0.05%
AEO	F	--0.05%
ACVA	B	--0.05%
ACIW	B	--0.05%
VRRM	D	--0.05%
UPST	B	--0.05%
LYFT	C	--0.05%
CDW	F	--0.06%
COP	C	--0.06%
TTD	B	--0.06%
ZD	C	--0.06%
WST	C	--0.06%
VAL	D	--0.06%
VNT	B	--0.07%
KTOS	B	--0.07%
MMYT	B	--0.07%
BA	F	--0.07%
MUFG	B	--0.07%
SSB	B	--0.07%
SE	B	--0.07%
AVY	D	--0.07%
IDCC	A	--0.07%
AVAV	D	--0.07%
HCA	F	--0.07%
MAT	D	--0.08%
CCOI	B	--0.08%
NSIT	F	--0.08%
NXPI	D	--0.08%
R	B	--0.09%
TRMB	B	--0.09%
DY	D	--0.09%
STM	F	--0.1%
GPC	D	--0.1%
VVV	F	--0.1%
ING	F	--0.1%
HII	D	--0.11%
ARGX	A	--0.11%
HAE	C	--0.11%
KEYS	A	--0.12%
SLB	C	--0.12%
HQY	B	--0.13%
BKR	B	--0.13%
STE	F	--0.13%
ABT	B	--0.14%
NFLX	A	--0.15%
TM	D	--0.15%
ASX	D	--0.15%
INTC	D	--0.15%
MU	D	--0.16%
INFY	B	--0.16%
GSK	F	--0.16%
VMC	B	--0.16%
SYK	C	--0.17%
EFX	F	--0.19%
URI	B	--0.2%
BWXT	B	--0.2%
FMX	F	--0.2%
HSBC	B	--0.21%
PCAR	B	--0.22%
DEO	F	--0.22%
CCEP	C	--0.23%
PANW	C	--0.25%
KR	B	--0.25%
TYL	B	--0.25%
GEHC	F	--0.26%
PG	A	--0.26%
SAP	B	--0.27%
OMC	C	--0.27%
NSC	B	--0.27%
BABA	D	--0.28%
SNPS	B	--0.29%
MMM	D	--0.3%
WAT	B	--0.3%
UL	D	--0.3%
LMT	D	--0.32%
ISRG	A	--0.32%
TSLA	B	--0.32%
MDLZ	F	--0.33%
TTWO	A	--0.33%
NOW	A	--0.35%
CMI	A	--0.36%
ZBH	C	--0.36%
TXN	C	--0.36%
BK	A	--0.37%
HDB	C	--0.38%
UNH	C	--0.4%
MCD	D	--0.41%
ASML	F	--0.41%
ORCL	B	--0.41%
MSI	B	--0.43%
XOM	B	--0.45%
MLM	B	--0.46%
WM	A	--0.47%
DE	A	--0.48%
PNC	B	--0.51%
GD	F	--0.52%
VRSK	A	--0.55%
PAYX	C	--0.57%
PEP	F	--0.57%
ETN	A	--0.58%
LIN	D	--0.59%
CMCSA	B	--0.65%
CDNS	B	--0.69%
APD	A	--0.7%
DIS	B	--0.73%