QARP vs. FTLS ETF Comparison

Comparison of Xtrackers Russell 1000 US QARP ETF (QARP) to First Trust Long/Short Equity (FTLS)

QARP

Xtrackers Russell 1000 US QARP ETF

QARP Description

The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the Russell 1000 2Qual/Val 5% Capped Factor Index (the "underlying index"). The fund will invest at least 80% of its total assets (but typically far more) in component securities of the underlying index. The underlying index is designed to track the equity market performance of companies in the United States selected on the investment style criteria ("factors") of quality and value. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$52.28

Average Daily Volume

12,931

Number of Holdings ^*

344

* 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

$63.65

Average Daily Volume

135,516

Number of Holdings ^*

388

* may have additional holdings in another (foreign) market

Performance

Period	QARP	FTLS
30 Days	3.25%	2.02%
60 Days	9.83%	5.25%
90 Days	5.84%	1.15%
12 Months	29.11%	22.25%

102 Overlapping Holdings

Symbol	Grade	Weight in QARP	Weight in FTLS	Overlap
AAPL	C	5.0%	7.52%	5.0%
ABT	C	0.22%	-0.14%	-0.14%
ACN	B	1.19%	2.07%	1.19%
ALB	D	0.02%	-0.03%	-0.03%
ALSN	A	0.03%	0.16%	0.03%
AMAT	C	0.89%	-0.04%	-0.04%
AMD	C	0.09%	-0.03%	-0.03%
AMZN	C	3.71%	2.46%	2.46%
AYI	A	0.07%	0.24%	0.07%
BJ	B	0.1%	0.45%	0.1%
BKR	B	0.08%	-0.11%	-0.11%
BRK.A	B	5.21%	1.12%	1.12%
BURL	C	0.04%	-0.03%	-0.03%
CDNS	D	0.02%	-0.65%	-0.65%
CDW	D	0.02%	-0.08%	-0.08%
CF	A	0.13%	0.55%	0.13%
CHK	C	0.06%	-0.08%	-0.08%
CL	D	0.24%	1.34%	0.24%
CMCSA	B	0.83%	-0.65%	-0.65%
CMI	A	0.24%	-0.34%	-0.34%
COP	D	0.72%	-0.06%	-0.06%
CROX	C	0.04%	0.64%	0.04%
CSL	A	0.05%	0.59%	0.05%
CTAS	C	0.08%	1.03%	0.08%
CTRA	D	0.1%	-0.04%	-0.04%
CVX	B	1.39%	-0.02%	-0.02%
DBX	C	0.04%	0.33%	0.04%
DE	C	0.26%	-0.52%	-0.52%
EA	D	0.19%	-0.02%	-0.02%
EXEL	B	0.03%	0.15%	0.03%
EXP	C	0.05%	0.33%	0.05%
FANG	D	0.18%	0.79%	0.18%
FAST	C	0.19%	-0.02%	-0.02%
FDX	F	0.31%	1.57%	0.31%
FFIV	B	0.06%	0.36%	0.06%
GEHC	C	0.15%	-0.3%	-0.3%
GEV	A	0.15%	-0.17%	-0.17%
GM	D	0.21%	0.11%	0.11%
GOOG	B	2.03%	1.11%	1.11%
GOOGL	B	2.25%	1.32%	1.32%
GPC	D	0.08%	-0.12%	-0.12%
HCA	C	0.32%	-0.08%	-0.08%
HII	F	0.03%	-0.16%	-0.16%
HPQ	B	0.08%	0.98%	0.08%
HRB	C	0.09%	0.21%	0.09%
INTC	D	0.08%	-0.29%	-0.29%
ISRG	C	0.16%	-0.3%	-0.3%
JBL	C	0.06%	0.71%	0.06%
JNJ	D	2.53%	1.99%	1.99%
KEYS	B	0.12%	-0.13%	-0.13%
KNSL	B	0.04%	0.21%	0.04%
KR	C	0.29%	-0.25%	-0.25%
LLY	D	0.04%	0.95%	0.04%
LMT	A	0.79%	-0.36%	-0.36%
LNG	A	0.06%	1.02%	0.06%
LOPE	D	0.03%	0.08%	0.03%
LOW	C	0.79%	2.16%	0.79%
LPX	C	0.04%	0.3%	0.04%
MAS	C	0.08%	0.49%	0.08%
MCD	A	0.41%	-0.44%	-0.44%
META	A	5.23%	1.76%	1.76%
MMM	C	0.13%	-0.32%	-0.32%
MO	D	0.6%	1.41%	0.6%
MPC	D	0.27%	1.43%	0.27%
MSFT	D	2.13%	4.52%	2.13%
MSM	D	0.03%	0.21%	0.03%
MTG	A	0.11%	0.13%	0.11%
MU	D	0.4%	-0.18%	-0.18%
NTAP	D	0.07%	0.77%	0.07%
NVDA	B	0.15%	4.05%	0.15%
NVR	C	0.24%	0.59%	0.24%
ORCL	A	0.04%	-0.76%	-0.76%
OSK	F	0.03%	-0.03%	-0.03%
PAYX	B	0.19%	-0.54%	-0.54%
PCAR	D	0.21%	-0.2%	-0.2%
PG	D	1.43%	-0.28%	-0.28%
PKG	B	0.05%	-0.14%	-0.14%
PM	D	0.53%	1.83%	0.53%
QCOM	D	0.28%	1.98%	0.28%
RL	B	0.05%	0.63%	0.05%
RLI	A	0.02%	0.07%	0.02%
RPRX	D	0.03%	0.26%	0.03%
SAIA	D	0.04%	-0.02%	-0.02%
SLB	D	0.14%	-0.12%	-0.12%
SNA	C	0.1%	0.27%	0.1%
SYF	A	0.11%	0.61%	0.11%
SYY	D	0.35%	0.87%	0.35%
THO	C	0.03%	0.18%	0.03%
TOL	C	0.07%	0.67%	0.07%
TSLA	C	0.63%	-0.56%	-0.56%
TXN	C	0.39%	-0.37%	-0.37%
UHS	D	0.06%	0.22%	0.06%
UNH	B	2.31%	-0.4%	-0.4%
URI	C	0.22%	-0.2%	-0.2%
VICI	C	0.08%	0.43%	0.08%
VLO	F	0.18%	1.4%	0.18%
VRSN	C	0.06%	0.47%	0.06%
VVV	D	0.03%	-0.1%	-0.1%
WAT	B	0.03%	-0.29%	-0.29%
WMT	A	2.81%	-0.03%	-0.03%
WST	D	0.08%	-0.06%	-0.06%
XOM	A	3.07%	-0.45%	-0.45%

QARP Overweight 242 Positions Relative to FTLS

Symbol	Grade	Weight
COST	C	2.33%
HD	A	2.01%
CSCO	A	1.85%
V	B	1.67%
MA	A	1.53%
MCK	F	0.93%
ADBE	F	0.91%
TJX	D	0.83%
VZ	C	0.73%
BKNG	B	0.71%
CAT	A	0.69%
T	B	0.69%
ELV	F	0.62%
CI	D	0.6%
MMC	D	0.57%
BMY	A	0.55%
PFE	D	0.55%
LRCX	D	0.52%
SBUX	B	0.52%
EOG	B	0.46%
LEN	C	0.44%
UPS	D	0.42%
TGT	C	0.42%
NUE	D	0.39%
NKE	D	0.38%
MRK	F	0.38%
ORLY	A	0.37%
CAH	B	0.37%
AZO	D	0.36%
REGN	D	0.36%
DHI	C	0.36%
HUM	F	0.35%
PSA	C	0.34%
MCO	D	0.33%
AON	A	0.32%
PYPL	A	0.32%
GILD	A	0.31%
ADM	F	0.31%
ITW	C	0.31%
CNC	F	0.3%
CTSH	B	0.29%
ACGL	A	0.28%
ROST	D	0.28%
BBY	C	0.26%
GWW	B	0.25%
ABNB	D	0.23%
PHM	C	0.23%
TROW	D	0.23%
KLAC	B	0.22%
MSCI	B	0.22%
STLD	C	0.22%
KVUE	C	0.21%
VRTX	D	0.21%
CVS	D	0.2%
ADP	A	0.2%
SPG	A	0.19%
FTNT	A	0.18%
BLDR	C	0.18%
DAL	C	0.18%
WSM	C	0.18%
TSCO	A	0.17%
ULTA	D	0.17%
KMB	D	0.17%
ODFL	F	0.17%
VST	A	0.17%
RS	D	0.16%
DVN	F	0.16%
EXPD	D	0.15%
LULU	D	0.15%
COF	A	0.14%
EXPE	B	0.14%
MNST	D	0.14%
LPLA	D	0.14%
ANET	A	0.13%
FCNCA	D	0.13%
UNP	F	0.13%
GRMN	D	0.13%
DRI	C	0.13%
EME	B	0.13%
CASY	D	0.12%
DECK	B	0.12%
OC	C	0.12%
PSX	D	0.12%
SOLV	C	0.11%
LYB	B	0.11%
CMG	C	0.11%
CHTR	D	0.11%
MAR	A	0.11%
MTD	C	0.11%
SWKS	F	0.1%
FDS	C	0.1%
EVR	C	0.1%
LUV	B	0.1%
UTHR	C	0.1%
GIS	C	0.1%
CPNG	C	0.1%
DKS	D	0.1%
TPR	B	0.1%
MRO	B	0.1%
A	B	0.1%
WY	C	0.09%
AMG	B	0.09%
ROK	D	0.09%
CBRE	C	0.09%
EBAY	A	0.09%
HSY	D	0.09%
ADI	B	0.09%
CBOE	B	0.08%
WSO	C	0.08%
PFGC	A	0.08%
AOS	C	0.08%
DLTR	F	0.08%
MRNA	F	0.08%
DOW	B	0.08%
CINF	A	0.08%
APTV	D	0.07%
BWA	C	0.07%
GGG	C	0.07%
SKX	B	0.07%
MOH	F	0.07%
UAL	A	0.07%
DOX	B	0.07%
ATO	A	0.07%
SPGI	C	0.07%
LYV	A	0.07%
TT	A	0.07%
CLF	D	0.06%
YUM	C	0.06%
ALGN	D	0.06%
INCY	B	0.06%
EW	F	0.06%
HAL	D	0.06%
PGR	B	0.06%
RNR	A	0.06%
ADSK	B	0.06%
OXY	D	0.06%
EG	A	0.06%
AGCO	D	0.06%
K	B	0.06%
SEIC	B	0.06%
TXT	F	0.06%
CHRW	C	0.06%
FICO	C	0.06%
CSX	D	0.06%
POOL	D	0.06%
CPRT	B	0.06%
RHI	D	0.06%
CLX	C	0.06%
LVS	B	0.05%
MOS	F	0.05%
MCHP	F	0.05%
FCX	B	0.05%
JBHT	D	0.05%
HOLX	D	0.05%
OTIS	A	0.05%
LEA	F	0.05%
ON	F	0.05%
JKHY	A	0.05%
ITT	C	0.05%
LSTR	F	0.05%
FND	C	0.05%
MUSA	D	0.05%
BX	C	0.05%
MKTX	B	0.05%
BLD	D	0.05%
MGM	D	0.05%
PWR	A	0.05%
TXRH	A	0.05%
ACI	F	0.05%
COIN	F	0.04%
ACM	A	0.04%
EPAM	F	0.04%
JNPR	C	0.04%
USFD	C	0.04%
CCL	C	0.04%
CNP	B	0.04%
WBD	F	0.04%
TSN	D	0.04%
EL	D	0.04%
AMCR	C	0.04%
ALK	C	0.04%
ARMK	C	0.04%
NYT	C	0.04%
WYNN	B	0.04%
TER	C	0.04%
IP	C	0.04%
J	F	0.04%
CE	D	0.04%
LECO	D	0.04%
CHE	D	0.04%
FIX	A	0.04%
COKE	C	0.04%
INGR	B	0.04%
CHRD	F	0.04%
GNTX	D	0.04%
CNM	F	0.04%
DCI	B	0.04%
LKQ	F	0.03%
TTEK	A	0.03%
DD	C	0.03%
WTW	C	0.03%
SSD	B	0.03%
KNX	D	0.03%
MHK	C	0.03%
SJM	D	0.03%
FOXA	B	0.03%
PVH	D	0.03%
GLPI	C	0.03%
AMGN	D	0.03%
DPZ	D	0.03%
DGX	D	0.03%
OLN	D	0.03%
AAL	D	0.03%
GAP	F	0.03%
ROL	C	0.03%
CRUS	D	0.03%
HLI	A	0.03%
FCN	C	0.03%
PAYC	D	0.03%
TAP	D	0.03%
MEDP	F	0.03%
PII	D	0.03%
LAMR	C	0.03%
HST	D	0.03%
X	F	0.03%
BBWI	F	0.02%
AR	C	0.02%
DINO	F	0.02%
BIIB	F	0.02%
JHG	A	0.02%
NEU	F	0.02%
ABBV	C	0.02%
APA	F	0.02%
FIVE	D	0.02%
MTZ	A	0.02%
CPB	D	0.02%
CTVA	A	0.02%
PINC	F	0.02%
M	D	0.02%
G	A	0.02%
OVV	D	0.02%
IWB	A	0.0%

QARP Underweight 286 Positions Relative to FTLS

Symbol	Grade	Weight
TMUS	A	-2.03%
C	B	-2.0%
SCHW	D	-1.84%
CME	A	-1.55%
PH	A	-1.51%
USB	C	-1.23%
AVGO	B	-1.09%
ILMN	B	-1.05%
KMI	A	-1.01%
TRV	B	-0.98%
TFC	D	-0.95%
FIS	A	-0.95%
HWM	A	-0.86%
ALL	A	-0.85%
JPM	C	-0.82%
PBR	B	-0.77%
AFL	A	-0.71%
INSM	D	-0.56%
VLTO	A	-0.53%
PNR	C	-0.52%
SWK	C	-0.52%
TWLO	B	-0.49%
NVS	D	-0.47%
CAG	D	-0.46%
OKTA	F	-0.44%
EAT	A	-0.43%
ZIM	D	-0.43%
GEN	A	-0.42%
FLEX	B	-0.4%
GL	C	-0.39%
PENN	D	-0.37%
NTRS	B	-0.36%
TTC	F	-0.34%
TKO	A	-0.34%
ASO	D	-0.33%
CRS	B	-0.32%
CCK	C	-0.31%
PI	A	-0.31%
WRB	C	-0.3%
ALLY	F	-0.29%
JAZZ	F	-0.28%
SPYV	A	-0.26%
IWD	A	-0.26%
SCHV	A	-0.26%
CNK	D	-0.22%
AIZ	B	-0.21%
STNG	B	-0.21%
EWBC	B	-0.2%
WHD	A	-0.19%
TWST	D	-0.19%
MGY	B	-0.18%
SAM	D	-0.18%
ADMA	A	-0.17%
COLB	C	-0.16%
LEG	D	-0.16%
GLBE	C	-0.16%
OPCH	F	-0.16%
ALKS	B	-0.16%
BFAM	C	-0.15%
LOGI	D	-0.15%
PRI	A	-0.14%
UMBF	C	-0.14%
CRC	B	-0.14%
ORI	A	-0.14%
SFM	A	-0.13%
SIGI	D	-0.13%
TXG	F	-0.13%
MATX	C	-0.13%
CALM	A	-0.13%
PNFP	B	-0.13%
PAA	B	-0.13%
CBT	B	-0.13%
AXS	A	-0.13%
NSA	D	-0.12%
CSWI	A	-0.12%
GMS	B	-0.12%
SKYW	B	-0.12%
GFF	C	-0.12%
CBSH	D	-0.11%
ZWS	A	-0.11%
AM	A	-0.11%
SMPL	D	-0.11%
WGO	D	-0.11%
HESM	C	-0.11%
GRBK	C	-0.11%
BFH	D	-0.11%
YOU	C	-0.11%
MMS	C	-0.11%
KRG	C	-0.11%
RDFN	C	-0.11%
LCII	C	-0.1%
VRNA	B	-0.1%
PPC	C	-0.1%
ESNT	A	-0.1%
DBRG	D	-0.1%
FTDR	B	-0.1%
ENLC	A	-0.1%
TCBI	B	-0.09%
PRGS	A	-0.09%
EPR	C	-0.09%
FOLD	F	-0.09%
EXTR	D	-0.09%
THG	A	-0.09%
TBBK	A	-0.09%
ABM	D	-0.09%
LANC	F	-0.08%
GBCI	B	-0.08%
MQ	F	-0.08%
VCYT	C	-0.08%
KFY	C	-0.08%
BOH	D	-0.07%
REVG	D	-0.07%
UBSI	D	-0.07%
MYGN	D	-0.07%
BCRX	D	-0.07%
KMPR	D	-0.07%
OTEX	D	-0.07%
NMIH	B	-0.07%
HAYW	C	-0.07%
AVNT	C	-0.07%
CARG	C	-0.07%
AZZ	B	-0.07%
CUBI	F	-0.07%
TRMD	D	-0.07%
ROIC	C	-0.06%
FHB	D	-0.06%
PLMR	A	-0.06%
COLL	A	-0.06%
AMPH	C	-0.06%
EBC	B	-0.06%
WMB	A	-0.06%
GSL	C	-0.06%
WFG	C	-0.06%
BRC	C	-0.06%
PBH	D	-0.06%
ICFI	C	-0.06%
ADUS	D	-0.06%
PAYO	A	-0.06%
PLXS	A	-0.06%
SUPN	D	-0.05%
CDNA	B	-0.05%
AUB	D	-0.05%
VIST	C	--0.02%
PAR	D	--0.02%
VSAT	F	--0.02%
DNB	D	--0.02%
CBU	D	--0.02%
FSLR	C	--0.02%
HON	C	--0.02%
KD	D	--0.02%
AER	C	--0.02%
NVEE	F	--0.02%
COHR	B	--0.02%
ARM	C	--0.02%
ENS	B	--0.02%
LKFN	D	--0.02%
IBOC	D	--0.02%
APPN	C	--0.03%
LYFT	D	--0.03%
ENR	B	--0.03%
FFIN	D	--0.03%
GE	B	--0.03%
RDY	D	--0.03%
IRTC	F	--0.03%
ICHR	D	--0.03%
SOFI	C	--0.03%
HHH	C	--0.03%
MARA	F	--0.03%
AZTA	F	--0.03%
TMO	D	--0.03%
DIOD	F	--0.03%
PRCT	D	--0.03%
CNNE	F	--0.03%
GPRE	F	--0.03%
GKOS	B	--0.03%
ASPN	C	--0.03%
COTY	F	--0.03%
PSMT	A	--0.03%
ARLO	F	--0.03%
OSIS	C	--0.03%
TFIN	F	--0.03%
LMND	F	--0.03%
UPST	C	--0.03%
CFLT	F	--0.03%
SDGR	F	--0.03%
BIRK	F	--0.03%
BE	F	--0.03%
RUN	D	--0.03%
CLH	B	--0.03%
UWMC	D	--0.03%
RCL	B	--0.03%
CRDO	B	--0.03%
NWSA	D	--0.03%
ATEC	F	--0.03%
RXST	F	--0.03%
HLN	C	--0.03%
RIVN	F	--0.03%
FRO	B	--0.03%
SLGN	B	--0.03%
WOLF	F	--0.03%
ACIW	A	--0.04%
W	C	--0.04%
GATX	F	--0.04%
AMRC	C	--0.04%
RH	C	--0.04%
ERJ	C	--0.04%
AMRK	C	--0.04%
UTZ	D	--0.04%
BVN	D	--0.04%
EQT	C	--0.04%
NEOG	F	--0.04%
TTD	A	--0.05%
ACVA	C	--0.05%
ZD	D	--0.05%
STZ	D	--0.05%
MP	C	--0.05%
AEO	C	--0.06%
MSA	F	--0.06%
MUFG	D	--0.06%
APO	A	--0.06%
VRRM	D	--0.06%
MMYT	B	--0.07%
KTOS	B	--0.07%
DLB	D	--0.07%
AVAV	B	--0.07%
VNT	F	--0.07%
SE	B	--0.07%
SSB	C	--0.07%
VAL	F	--0.07%
BA	F	--0.08%
R	C	--0.08%
TRMB	B	--0.08%
AVY	D	--0.08%
NXPI	F	--0.09%
DY	C	--0.09%
MAT	B	--0.09%
CCOI	B	--0.09%
ARGX	C	--0.1%
HAE	F	--0.1%
IDCC	A	--0.11%
STM	F	--0.12%
NSIT	B	--0.12%
ING	D	--0.12%
HQY	B	--0.12%
NFLX	A	--0.13%
VMC	D	--0.14%
STE	D	--0.15%
SYK	C	--0.16%
TM	D	--0.16%
ASX	D	--0.16%
INFY	B	--0.17%
IPG	D	--0.18%
BWXT	A	--0.18%
GWRE	A	--0.19%
GSK	F	--0.2%
FMX	F	--0.22%
HSBC	A	--0.22%
PANW	B	--0.22%
EFX	D	--0.22%
CCEP	C	--0.24%
TYL	D	--0.24%
NSC	C	--0.26%
DEO	C	--0.27%
SNPS	F	--0.28%
TTWO	D	--0.28%
SAP	C	--0.28%
OMC	C	--0.28%
NOW	B	--0.31%
BK	A	--0.35%
UL	D	--0.35%
BABA	A	--0.35%
ZBH	F	--0.37%
MDLZ	D	--0.38%
MSI	A	--0.4%
HDB	D	--0.41%
MLM	F	--0.44%
WM	B	--0.45%
PNC	C	--0.46%
ASML	F	--0.52%
VRSK	D	--0.53%
ETN	B	--0.55%
GD	C	--0.56%
PEP	F	--0.61%
LIN	C	--0.64%
DIS	D	--0.67%
APD	C	--0.69%