LGRO vs. QQEW ETF Comparison

Comparison of Level Four Large Cap Growth Active ETF (LGRO) to First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW)

LGRO

Level Four Large Cap Growth Active ETF

LGRO Description

The fund invests primarily in equity securities of carefully selected, high-quality U.S. companies. The fund invests primarily in the domestic equity securities of companies selected by Level Four Capital Management, LLC for their growth potential within various market sectors.

Grade (RS Rating)

Last Trade

$34.89

Average Daily Volume

1,987

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	LGRO	QQEW
30 Days	5.16%	4.45%
60 Days	7.17%	5.07%
90 Days	9.66%	5.05%
12 Months	34.40%	20.64%

17 Overlapping Holdings

Symbol	Grade	Weight in LGRO	Weight in QQEW	Overlap
AAPL	C	7.16%	0.96%	0.96%
AMAT	F	1.44%	0.93%	0.93%
AMZN	C	5.56%	1.06%	1.06%
AVGO	D	1.83%	0.96%	0.96%
BIIB	F	0.64%	0.79%	0.64%
BKNG	A	3.65%	1.17%	1.17%
CTSH	B	0.98%	1.02%	0.98%
GOOGL	C	5.03%	0.52%	0.52%
LRCX	F	2.72%	0.93%	0.93%
META	D	3.28%	0.99%	0.99%
MSFT	F	5.75%	0.94%	0.94%
MU	D	1.48%	1.05%	1.05%
NFLX	A	2.34%	1.15%	1.15%
NVDA	C	4.33%	1.21%	1.21%
PANW	C	1.14%	1.11%	1.11%
PYPL	B	3.31%	1.07%	1.07%
VRTX	F	0.96%	1.0%	0.96%

LGRO Overweight 30 Positions Relative to QQEW

Symbol	Grade	Weight
BLK	C	3.47%
TWLO	A	2.74%
SNOW	C	2.66%
UBER	D	2.59%
UNH	C	2.51%
MS	A	2.44%
NOW	A	2.43%
DOCU	A	2.41%
RH	B	2.23%
MSCI	C	2.16%
HD	A	2.09%
CRM	B	2.04%
MA	C	1.94%
Z	A	1.49%
MPWR	F	1.49%
PSX	C	1.12%
LMT	D	1.07%
FIS	C	1.05%
ABBV	D	1.03%
URI	B	1.02%
PAYC	B	0.99%
V	A	0.98%
PHM	D	0.97%
MCD	D	0.91%
DIS	B	0.87%
FTV	C	0.85%
TDG	D	0.85%
STZ	D	0.79%
ETSY	D	0.65%
EL	F	0.26%

LGRO Underweight 84 Positions Relative to QQEW

Symbol	Grade	Weight
TEAM	A	-1.47%
TSLA	B	-1.25%
LULU	C	-1.21%
DASH	A	-1.19%
MRVL	B	-1.18%
FTNT	C	-1.18%
TTWO	A	-1.17%
ZS	C	-1.16%
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%
DDOG	A	-1.1%
INTC	D	-1.1%
ADSK	A	-1.1%
CRWD	B	-1.1%
TTD	B	-1.1%
HON	B	-1.09%
PDD	F	-1.08%
CSCO	B	-1.07%
CPRT	A	-1.07%
ORLY	B	-1.06%
ISRG	A	-1.06%
CDNS	B	-1.06%
ADP	B	-1.05%
MNST	C	-1.05%
WDAY	B	-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%
MDB	C	-1.01%
SBUX	A	-0.99%
COST	B	-0.98%
CSX	B	-0.98%
ABNB	C	-0.98%
FANG	D	-0.97%
ROP	B	-0.97%
TXN	C	-0.97%
ADBE	C	-0.97%
ARM	D	-0.94%
PEP	F	-0.93%
NXPI	D	-0.93%
CSGP	D	-0.93%
QCOM	F	-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%
CEG	D	-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%
CDW	F	-0.77%
REGN	F	-0.66%
MRNA	F	-0.58%
GOOG	C	-0.52%
SMCI	F	-0.38%