KNCT vs. ILDR ETF Comparison

Comparison of Invesco Next Gen Connectivity ETF (KNCT) to First Trust Innovation Leaders ETF (ILDR)

KNCT

Invesco Next Gen Connectivity ETF

KNCT Description

The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index. The underlying index is composed of securities of companies with significant exposure to technologies or products that contribute to future connectivity through direct revenue. It is non-diversified.

Grade (RS Rating)

Last Trade

$104.87

Average Daily Volume

327

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

Performance

Period	KNCT	ILDR
30 Days	1.16%	4.70%
60 Days	3.78%	8.19%
90 Days	4.96%	10.10%
12 Months	26.69%	42.49%

13 Overlapping Holdings

Symbol	Grade	Weight in KNCT	Weight in ILDR	Overlap
AKAM	D	0.29%	0.68%	0.29%
ANET	C	2.21%	1.06%	1.06%
AVGO	D	7.92%	2.87%	2.87%
CYBR	B	0.27%	0.76%	0.27%
DDOG	A	0.87%	0.85%	0.85%
DT	C	0.34%	1.03%	0.34%
MDB	C	0.46%	0.75%	0.46%
MRVL	B	1.68%	1.73%	1.68%
MU	D	1.96%	1.82%	1.82%
PANW	C	2.74%	1.16%	1.16%
QCOM	F	3.89%	1.65%	1.65%
RMBS	C	0.12%	1.08%	0.12%
ZS	C	0.43%	1.07%	0.43%

KNCT Overweight 47 Positions Relative to ILDR

Symbol	Grade	Weight
AAPL	C	7.83%
CSCO	B	4.16%
VZ	C	3.68%
T	A	3.37%
ACN	C	2.97%
TMUS	B	2.5%
CMCSA	B	2.24%
INTC	D	2.19%
AMT	D	1.94%
EQIX	A	1.82%
CRWD	B	1.7%
SNPS	B	1.6%
CDNS	B	1.56%
MSI	B	1.52%
FTNT	C	1.27%
DLR	B	1.17%
APH	A	1.16%
CHTR	C	0.79%
CCI	D	0.65%
NET	B	0.6%
MCHP	D	0.54%
NTAP	C	0.52%
SBAC	D	0.5%
KEYS	A	0.39%
NTNX	A	0.37%
ARM	D	0.36%
UMC	F	0.35%
DOCU	A	0.35%
COHR	B	0.33%
CHKP	D	0.33%
FFIV	B	0.3%
JNPR	F	0.27%
OKTA	C	0.26%
LBRDK	C	0.23%
CIEN	B	0.22%
CACI	D	0.22%
BAH	F	0.22%
WIT	A	0.21%
FYBR	D	0.19%
CHT	D	0.17%
LSCC	D	0.15%
CFLT	B	0.14%
QLYS	C	0.12%
KD	B	0.12%
TENB	C	0.11%
DY	D	0.1%
G	B	0.08%

KNCT Underweight 45 Positions Relative to ILDR

Symbol	Grade	Weight
NVDA	C	-8.61%
AMZN	C	-6.57%
ORCL	B	-6.12%
MSFT	F	-4.89%
GOOG	C	-3.78%
META	D	-3.56%
NOW	A	-3.17%
UBER	D	-2.96%
CEG	D	-2.41%
SHOP	B	-2.09%
GTLS	B	-1.46%
TOST	B	-1.44%
WDAY	B	-1.4%
DUK	C	-1.33%
SMR	B	-1.31%
MRK	F	-1.24%
BMRN	D	-1.21%
AVAV	D	-1.18%
BWXT	B	-1.16%
NFLX	A	-1.14%
SQ	B	-1.12%
TMO	F	-1.1%
V	A	-1.04%
ISRG	A	-1.03%
AVTR	F	-1.01%
VRTX	F	-0.98%
TW	A	-0.94%
HALO	F	-0.93%
SWTX	C	-0.9%
FOLD	F	-0.89%
ADBE	C	-0.89%
TTD	B	-0.8%
GEV	B	-0.79%
GTLB	B	-0.69%
MDGL	B	-0.68%
MIRM	B	-0.67%
OKLO	B	-0.58%
ABBV	D	-0.57%
GRAB	B	-0.56%
NBIX	C	-0.5%
ABNB	C	-0.48%
RCUS	F	-0.44%
REGN	F	-0.43%
SGBX	F	-0.41%
LLY	F	-0.35%