QQEW vs. ARKW ETF Comparison

Comparison of First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW) to ARK Next Generation Internet ETF (ARKW)

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

$130.81

Average Daily Volume

50,126

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

ARKW

ARK Next Generation Internet ETF

ARKW Description

Companies within the ARK Next Generation Internet ETF* (ARKW) are focused on and expected to benefit from shifting the bases of technology infrastructure to the cloud, enabling mobile, new and local services, such as companies that rely on or benefit from the increased use of shared technology, infrastructure and services, internet-based products and services, new payment methods, big data, the internet of things, and social distribution and media. These companies may develop, produce or enable: Cloud Computing & Cyber Security; E-Commerce; Big Data & Artificial Intelligence (AI); Mobile Technology and Internet of Things; Social Platforms; Blockchain & P2P; ARKW is an actively managed ETF that seeks long-term growth of capital by investing under normal circumstances primarily (at least 80% of its assets) in domestic and U.S. exchange traded foreign equity securities of companies that are relevant to the Fund’s investment theme of next generation internet.

Grade (RS Rating)

Last Trade

$104.75

Average Daily Volume

127,114

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QQEW	ARKW
30 Days	2.38%	21.65%
60 Days	7.31%	30.73%
90 Days	9.36%	38.50%
12 Months	25.47%	77.84%

11 Overlapping Holdings

Symbol	Grade	Weight in QQEW	Weight in ARKW	Overlap
AMD	F	0.91%	1.76%	0.91%
AMZN	B	1.04%	1.19%	1.04%
CRWD	C	1.05%	2.13%	1.05%
DDOG	C	1.07%	1.09%	1.07%
MELI	D	0.8%	1.31%	0.8%
META	B	1.0%	4.85%	1.0%
MSFT	F	0.93%	0.86%	0.86%
NVDA	B	1.22%	1.38%	1.22%
QCOM	D	0.97%	0.5%	0.5%
TSLA	B	1.18%	8.89%	1.18%
TTD	B	1.15%	1.97%	1.15%

QQEW Overweight 90 Positions Relative to ARKW

Symbol	Grade	Weight
TEAM	B	1.36%
MRVL	B	1.21%
PDD	D	1.2%
MU	C	1.18%
DASH	A	1.16%
BKNG	A	1.15%
LULU	C	1.14%
INTC	C	1.14%
TTWO	A	1.14%
CHTR	B	1.13%
BKR	A	1.13%
ILMN	B	1.12%
GILD	B	1.11%
FAST	A	1.11%
TMUS	A	1.1%
EA	A	1.09%
GFS	C	1.09%
ODFL	A	1.09%
MAR	A	1.08%
NFLX	A	1.08%
WBD	C	1.08%
PANW	A	1.08%
ZS	C	1.08%
PCAR	B	1.08%
ADSK	A	1.08%
ABNB	D	1.07%
SNPS	C	1.07%
CSCO	B	1.06%
CMCSA	B	1.05%
CDNS	B	1.05%
ADP	A	1.05%
ANSS	B	1.05%
ORLY	B	1.04%
PAYX	B	1.04%
VRTX	B	1.03%
CPRT	B	1.03%
ARM	D	1.03%
FTNT	A	1.03%
TXN	B	1.02%
AVGO	B	1.02%
CTAS	B	1.02%
CTSH	B	1.02%
ISRG	B	1.02%
PYPL	A	1.01%
MNST	B	1.01%
HON	A	1.01%
MDB	C	1.0%
VRSK	B	1.0%
WDAY	C	0.99%
INTU	A	0.99%
XEL	A	0.98%
ON	D	0.98%
CSX	B	0.97%
NXPI	D	0.97%
LRCX	F	0.97%
ROP	B	0.97%
COST	B	0.96%
AMAT	F	0.96%
AAPL	D	0.95%
SBUX	B	0.95%
FANG	F	0.95%
ADI	D	0.95%
CSGP	F	0.94%
LIN	D	0.94%
GEHC	D	0.93%
DXCM	C	0.93%
MCHP	F	0.92%
AMGN	D	0.91%
PEP	F	0.91%
ADBE	F	0.91%
EXC	D	0.9%
CEG	C	0.9%
CCEP	D	0.9%
KHC	F	0.89%
AEP	D	0.89%
ROST	D	0.87%
KLAC	F	0.86%
CDW	F	0.85%
MDLZ	F	0.84%
DLTR	F	0.84%
BIIB	F	0.83%
KDP	D	0.83%
ASML	F	0.81%
IDXX	F	0.81%
AZN	F	0.78%
MRNA	F	0.73%
REGN	F	0.68%
GOOG	B	0.53%
SMCI	F	0.53%
GOOGL	B	0.52%

QQEW Underweight 22 Positions Relative to ARKW

Symbol	Grade	Weight
ROKU	C	-8.45%
RBLX	B	-6.5%
COIN	B	-5.45%
SQ	B	-5.26%
HOOD	B	-4.42%
SHOP	B	-3.61%
PLTR	B	-3.59%
DKNG	C	-2.38%
GENI	C	-2.21%
NET	C	-2.11%
PATH	C	-1.75%
SPOT	A	-1.74%
U	F	-1.72%
PD	C	-1.71%
RDDT	B	-1.7%
PINS	D	-1.51%
TSM	C	-1.23%
RBRK	B	-1.22%
TOST	B	-1.18%
GTLB	C	-1.13%
NU	A	-0.86%
PSTG	C	-0.67%