QQEW vs. ADME ETF Comparison

Comparison of First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW) to Aptus Drawdown Managed Equity ETF (ADME)

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

$122.43

Average Daily Volume

70,050

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

ADME

Aptus Drawdown Managed Equity ETF

ADME Description

The investment seeks capital appreciation with downside protection. The fund is an actively managed exchange-traded fund (ETF) that seeks to achieve its objective principally by investing in a portfolio of typically 40 to 50 U.S.-listed equity securities, while limiting downside risk by purchasing exchange-listed put options on one or more broad-based indexes or ETFs that track the performance of the U.S. equity market. Under normal circumstances, at least 80% of the fund's net assets (plus borrowings for investment purposes) will be invested in equity securities.

Grade (RS Rating)

Last Trade

$45.29

Average Daily Volume

20,089

Number of Holdings ^*

75

* may have additional holdings in another (foreign) market

Performance

Period	QQEW	ADME
30 Days	-1.44%	0.20%
60 Days	-0.67%	2.49%
90 Days	-1.01%	3.45%
12 Months	15.65%	25.01%

29 Overlapping Holdings

	Symbol	Grade	Weight in QQEW	Weight in ADME	Overlap
	AAPL	D	1.09%	6.87%	1.09%
	ADBE	D	1.12%	0.57%	0.57%
	ADI	D	0.97%	0.93%	0.93%
	ADP	B	1.14%	0.32%	0.32%
	AMAT	D	0.79%	1.44%	0.79%
	AMD	F	0.95%	0.5%	0.5%
	AMGN	B	1.09%	0.43%	0.43%
	AMZN	C	1.0%	3.54%	1.0%
	AVGO	C	1.01%	1.84%	1.01%
	CMCSA	D	1.04%	0.37%	0.37%
	COST	C	1.09%	1.05%	1.05%
	CSX	D	1.02%	1.03%	1.02%
	CTAS	C	1.18%	0.96%	0.96%
	FANG	D	0.91%	0.75%	0.75%
	GOOG	D	0.44%	3.47%	0.44%
	HON	D	0.97%	0.86%	0.86%
	INTU	D	1.04%	1.05%	1.04%
	ISRG	C	1.16%	0.75%	0.75%
	LIN	B	1.07%	1.42%	1.07%
	MAR	C	0.96%	0.94%	0.94%
	MDLZ	B	1.13%	0.81%	0.81%
	META	A	1.08%	2.4%	1.08%
	MSFT	C	0.96%	6.65%	0.96%
	NFLX	B	1.02%	1.06%	1.02%
	NVDA	D	0.96%	5.76%	0.96%
	PEP	C	1.08%	1.3%	1.08%
	TMUS	C	1.16%	1.08%	1.08%
	TSLA	C	1.27%	1.34%	1.27%
	VRTX	D	1.04%	0.5%	0.5%

QQEW Overweight 72 Positions Relative to ADME

	Symbol	Grade	Weight
	MELI	B	1.36%
	MDB	D	1.32%
	FTNT	C	1.29%
	SBUX	C	1.26%
	ILMN	C	1.21%
	XEL	A	1.21%
	AEP	B	1.2%
	GILD	B	1.19%
	PYPL	B	1.18%
	CHTR	D	1.18%
	DASH	C	1.16%
	EXC	B	1.16%
	WDAY	D	1.16%
	CTSH	C	1.13%
	GEHC	C	1.12%
	REGN	C	1.12%
	ODFL	C	1.11%
	TTD	B	1.09%
	ADSK	B	1.09%
	CCEP	B	1.09%
	PANW	D	1.09%
	KDP	A	1.09%
	PAYX	C	1.08%
	WBD	D	1.08%
	KHC	C	1.08%
	FAST	C	1.08%
	CSGP	D	1.07%
	EA	D	1.06%
	CSCO	B	1.06%
	MRVL	C	1.05%
	ORLY	B	1.05%
	ROST	C	1.04%
	BKR	D	1.03%
	ON	D	1.03%
	MNST	C	1.03%
	TEAM	F	1.03%
	AZN	D	1.02%
	TXN	C	1.02%
	IDXX	C	1.02%
	VRSK	D	1.01%
	ANSS	F	1.0%
	ROP	C	1.0%
	TTWO	D	0.99%
	BKNG	B	0.98%
	DDOG	D	0.95%
	CDW	D	0.94%
	ZS	F	0.94%
	CPRT	D	0.93%
	PCAR	D	0.91%
	KLAC	D	0.91%
	BIIB	F	0.9%
	ARM	D	0.88%
	CEG	C	0.88%
	CDNS	D	0.86%
	LULU	D	0.85%
	MCHP	D	0.84%
	NXPI	D	0.84%
	SNPS	D	0.82%
	ABNB	D	0.8%
	QCOM	D	0.79%
	GFS	F	0.79%
	ASML	D	0.78%
	LRCX	F	0.72%
	CRWD	F	0.69%
	PDD	F	0.69%
	DLTR	F	0.64%
	INTC	F	0.63%
	MU	F	0.63%
	DXCM	F	0.6%
	MRNA	F	0.53%
	GOOGL	D	0.44%
	SMCI	F	0.39%

QQEW Underweight 46 Positions Relative to ADME

	Symbol	Grade	Weight
	NOW	A	-1.84%
	LMT	C	-1.81%
	SYK	C	-1.81%
	BRK.A	C	-1.79%
	JPM	D	-1.79%
	XOM	D	-1.78%
	V	B	-1.76%
	PGR	A	-1.69%
	CAT	C	-1.59%
	LLY	C	-1.56%
	PG	C	-1.36%
	TMO	C	-1.33%
	UNH	C	-1.33%
	WMT	B	-1.25%
	LOW	B	-1.2%
	JNJ	B	-1.17%
	ACN	C	-1.16%
	BLK	A	-1.13%
	SO	B	-1.09%
	MCD	C	-1.04%
	PLD	C	-1.04%
	MMC	C	-0.98%
	BAC	D	-0.92%
	TJX	C	-0.91%
	MCK	F	-0.89%
	FDX	C	-0.89%
	PHM	B	-0.88%
	MS	D	-0.88%
	MSI	C	-0.85%
	ABT	C	-0.85%
	ABBV	C	-0.81%
	MRK	D	-0.8%
	NEE	B	-0.79%
	ICE	B	-0.77%
	DUK	C	-0.7%
	DLR	B	-0.63%
	TYL	C	-0.62%
	MO	C	-0.62%
	DE	B	-0.6%
	PSA	B	-0.55%
	C	D	-0.55%
	DVN	F	-0.53%
	ETN	C	-0.52%
	SHW	B	-0.45%
	FCX	D	-0.35%
	HAL	F	-0.24%

QQEW: Top Represented Industries & Keywords

Industries: Semiconductors Software - Application Beverages - Soft Drinks Business Services Drug Manufacturers - Major Semiconductor Equipment & Materials Specialty Retail Biotechnology Diagnostics & Research Internet Content & Information Software - Infrastructure Apparel Stores Discount Stores Diversified Industrials Electronic Gaming & Multimedia Information Technology Services Internet Content & Information Pay TV Utilities - Regulated Electric Auto & Truck Dealerships

Keywords: Nasdaq 100 S&P 500 Computing Integrated Circuits Semiconductor Mobile Devices Work From Home Smartphones IBD 50 Software Cloud Computing Dow Jones Component Electronics Fabless Semiconductor Companies Electronic Design Medicine Natural Gas Power Management Cloud Infrastructure Electricity

ADME: Top Represented Industries & Keywords

Industries: Drug Manufacturers - Major Semiconductors Software - Application Banks - Global Utilities - Regulated Electric Business Services Discount Stores Farm & Construction Equipment Internet Content & Information Medical Devices Oil & Gas E&P REIT - Industrial Specialty Chemicals Aerospace & Defense Apparel Stores Asset Management Auto Manufacturers Beverages - Soft Drinks Biotechnology Capital Markets

Keywords: S&P 500 Nasdaq 100 Dow Jones Component Natural Gas Smartphones Computing IBD 50 Electronics Medicine Mobile Devices Pharmaceutical Products Work From Home Banking Electricity Financial Products Hyperscale Retail Outlets Software Aerospace Autoimmune Disease