QOWZ vs. QQEW ETF Comparison

Comparison of Invesco Nasdaq Free Cash Flow Achievers ETF (QOWZ) to First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW)

QOWZ

Invesco Nasdaq Free Cash Flow Achievers ETF

QOWZ Description

The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, Nasdaq, Inc. compiles, maintains and calculates the underlying index, which is designed to track the performance of U.S.-listed companies with continuous and stable growth in free cash flow. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$33.44

Average Daily Volume

2,142

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

$127.20

Average Daily Volume

56,370

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	QOWZ	QQEW
30 Days	1.24%	0.06%
60 Days	4.93%	1.96%
90 Days	6.84%	2.98%
12 Months		18.53%

16 Overlapping Holdings

Symbol	Grade	Weight in QOWZ	Weight in QQEW	Overlap
ADBE	F	2.95%	0.97%	0.97%
ADP	B	2.55%	1.05%	1.05%
AVGO	C	5.52%	0.96%	0.96%
CDNS	B	2.11%	1.06%	1.06%
CTAS	B	2.22%	1.02%	1.02%
FAST	B	1.78%	1.11%	1.11%
FTNT	B	2.24%	1.18%	1.18%
INTU	B	3.05%	1.04%	1.04%
KLAC	F	1.83%	0.82%	0.82%
MAR	A	2.22%	1.11%	1.11%
MCHP	F	1.26%	0.82%	0.82%
META	C	6.8%	0.99%	0.99%
NVDA	B	11.22%	1.21%	1.21%
PAYX	B	1.78%	1.05%	1.05%
ROP	C	1.78%	0.97%	0.97%
WBD	B	1.27%	1.15%	1.15%

QOWZ Overweight 34 Positions Relative to QQEW

Symbol	Grade	Weight
UNH	B	4.62%
MA	A	4.45%
CRM	B	4.24%
NOW	B	3.38%
TMO	F	2.73%
COF	B	2.16%
APH	B	2.12%
FICO	A	2.04%
KMI	A	2.0%
RSG	B	1.85%
TDY	B	1.25%
NVR	D	1.22%
PTC	B	1.22%
ROL	A	1.21%
WST	C	1.21%
MTD	F	1.16%
OC	A	1.09%
MANH	D	1.08%
MKC	D	1.06%
VRSN	F	1.05%
AYI	B	0.96%
POOL	D	0.94%
RMBS	C	0.75%
BECN	A	0.74%
QLYS	C	0.73%
THO	B	0.67%
WTS	A	0.66%
LFUS	D	0.64%
CVCO	B	0.59%
PRGS	B	0.54%
TTGT	C	0.33%
RDUS	C	0.28%
SLP	F	0.24%
DLHC	F	0.11%

QOWZ Underweight 85 Positions Relative to QQEW

Symbol	Grade	Weight
TEAM	B	-1.47%
TSLA	A	-1.25%
LULU	C	-1.21%
DASH	A	-1.19%
MRVL	B	-1.18%
TTWO	A	-1.17%
BKNG	A	-1.17%
ZS	B	-1.16%
CHTR	B	-1.15%
NFLX	A	-1.15%
BKR	A	-1.15%
TMUS	A	-1.14%
EA	A	-1.13%
PCAR	B	-1.12%
ODFL	B	-1.11%
PANW	B	-1.11%
DDOG	B	-1.1%
INTC	C	-1.1%
ADSK	B	-1.1%
CRWD	B	-1.1%
TTD	B	-1.1%
HON	A	-1.09%
PDD	F	-1.08%
CSCO	B	-1.07%
CPRT	A	-1.07%
PYPL	A	-1.07%
AMZN	B	-1.06%
ORLY	B	-1.06%
ISRG	A	-1.06%
MU	D	-1.05%
MNST	B	-1.05%
WDAY	C	-1.05%
GILD	B	-1.05%
VRSK	B	-1.04%
SNPS	C	-1.04%
CMCSA	B	-1.04%
ILMN	C	-1.04%
GFS	C	-1.04%
XEL	A	-1.03%
DXCM	C	-1.02%
ANSS	B	-1.02%
CTSH	B	-1.02%
MDB	C	-1.01%
VRTX	C	-1.0%
SBUX	A	-0.99%
COST	B	-0.98%
CSX	B	-0.98%
ABNB	C	-0.98%
FANG	C	-0.97%
TXN	B	-0.97%
AAPL	C	-0.96%
MSFT	D	-0.94%
ARM	F	-0.94%
PEP	F	-0.93%
NXPI	F	-0.93%
LRCX	F	-0.93%
AMAT	F	-0.93%
CSGP	F	-0.93%
QCOM	F	-0.93%
CCEP	D	-0.93%
LIN	D	-0.92%
ON	F	-0.92%
EXC	C	-0.91%
ADI	D	-0.9%
ROST	D	-0.89%
DLTR	F	-0.88%
AEP	C	-0.88%
GEHC	D	-0.88%
KHC	F	-0.87%
KDP	F	-0.86%
MELI	D	-0.86%
MDLZ	F	-0.85%
CEG	D	-0.85%
AMD	F	-0.85%
ASML	F	-0.84%
AMGN	F	-0.84%
AZN	F	-0.8%
IDXX	F	-0.8%
BIIB	F	-0.79%
CDW	F	-0.77%
REGN	F	-0.66%
MRNA	F	-0.58%
GOOGL	B	-0.52%
GOOG	B	-0.52%
SMCI	F	-0.38%