IWLG vs. QQXT ETF Comparison

Comparison of IQ MacKay Municipal Insured ETF (IWLG) to First Trust NASDAQ-100 Ex-Technology Sector Index Fund (QQXT)

IWLG

IQ MacKay Municipal Insured ETF

IWLG Description

IQ MacKay Municipal Insured ETF seek long-term growth of capital by employing a bottom-up investment process while investing in companies that have the potential for above-average future earnings and cash flow growth. IQ MacKay Municipal Insured ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$47.70

Average Daily Volume

10,115

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QQXT

First Trust NASDAQ-100 Ex-Technology Sector Index Fund

QQXT 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 Ex-Tech Sector 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 index is an equal-weighted index based on the securities of the NASDAQ-100 Index(R) that are not classified as "technology" according to the Industry Classification Benchmark ("ICB") classification system and, as a result, is a subset of the NASDAQ-100 Index(R). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$97.63

Average Daily Volume

5,164

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IWLG	QQXT
30 Days	3.60%	4.80%
60 Days	5.25%	5.19%
90 Days	7.23%	6.88%
12 Months	37.83%	19.02%

8 Overlapping Holdings

Symbol	Grade	Weight in IWLG	Weight in QQXT	Overlap
AMZN	C	8.27%	1.8%	1.8%
BKNG	A	0.55%	2.11%	0.55%
ISRG	A	2.23%	1.87%	1.87%
MELI	D	1.49%	1.55%	1.49%
NFLX	A	1.8%	2.06%	1.8%
ORLY	B	1.19%	1.87%	1.19%
SBUX	A	1.27%	1.79%	1.27%
TSLA	B	1.52%	2.43%	1.52%

IWLG Overweight 34 Positions Relative to QQXT

Symbol	Grade	Weight
MSFT	F	12.49%
NVDA	C	7.8%
AAPL	C	6.63%
META	D	5.28%
AVGO	D	4.01%
LLY	F	2.51%
SPOT	B	2.49%
GOOG	C	2.44%
GOOGL	C	2.42%
MA	C	2.33%
GE	D	2.0%
KKR	A	1.99%
TT	A	1.86%
AMD	F	1.78%
WDAY	B	1.76%
NOW	A	1.75%
FICO	B	1.73%
ETN	A	1.62%
INTU	C	1.55%
UBER	D	1.51%
LRCX	F	1.43%
CMG	B	1.34%
ORCL	B	1.22%
SYK	C	1.19%
SHOP	B	1.11%
SNPS	B	1.07%
WCN	A	1.07%
ASML	F	1.05%
HLT	A	1.03%
VMC	B	0.97%
TXN	C	0.97%
ALNY	D	0.95%
BSX	B	0.95%
ADBE	C	0.84%

IWLG Underweight 49 Positions Relative to QQXT

Symbol	Grade	Weight
TTWO	A	-2.1%
BKR	B	-2.04%
TMUS	B	-2.03%
EA	A	-2.01%
LULU	C	-2.01%
CHTR	C	-1.99%
MAR	B	-1.97%
FAST	B	-1.97%
WBD	C	-1.96%
PCAR	B	-1.93%
HON	B	-1.92%
CPRT	A	-1.88%
CSCO	B	-1.88%
PYPL	B	-1.88%
ODFL	B	-1.88%
XEL	A	-1.86%
DXCM	D	-1.85%
ADP	B	-1.84%
TTD	B	-1.83%
CMCSA	B	-1.83%
PAYX	C	-1.82%
VRSK	A	-1.81%
CTAS	B	-1.81%
GILD	C	-1.8%
MNST	C	-1.78%
COST	B	-1.73%
VRTX	F	-1.72%
FANG	D	-1.72%
ABNB	C	-1.72%
CSX	B	-1.71%
ILMN	D	-1.7%
EXC	C	-1.66%
CSGP	D	-1.62%
LIN	D	-1.62%
AEP	D	-1.61%
CCEP	C	-1.6%
PEP	F	-1.58%
ROST	C	-1.56%
GEHC	F	-1.56%
CEG	D	-1.54%
KHC	F	-1.52%
MDLZ	F	-1.47%
KDP	D	-1.42%
AMGN	D	-1.41%
IDXX	F	-1.41%
AZN	D	-1.38%
BIIB	F	-1.35%
REGN	F	-1.14%
MRNA	F	-1.03%