QQEW vs. FMET ETF Comparison

Comparison of First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW) to Fidelity Metaverse ETF (FMET)

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

$132.00

Average Daily Volume

54,613

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

FMET

Fidelity Metaverse ETF

FMET Description

The fund normally invests at least 80% of assets in securities included in the index and in depositary receipts representing securities included in the index. The index is designed to reflect the performance of a global universe of companies that develop, manufacture, distribute, or sell products or services related to establishing and enabling the Metaverse. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.68

Average Daily Volume

6,103

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QQEW	FMET
30 Days	4.58%	2.54%
60 Days	4.98%	1.19%
90 Days	6.88%	3.06%
12 Months	21.56%	15.38%

13 Overlapping Holdings

Symbol	Grade	Weight in QQEW	Weight in FMET	Overlap
AAPL	B	0.97%	4.44%	0.97%
ADBE	C	0.93%	4.08%	0.93%
ADSK	B	1.12%	3.32%	1.12%
AMD	F	0.86%	4.44%	0.86%
EA	C	1.16%	2.71%	1.16%
GOOGL	C	0.52%	4.83%	0.52%
INTC	C	1.07%	4.09%	1.07%
META	D	0.98%	4.65%	0.98%
MSFT	D	0.93%	4.41%	0.93%
NVDA	C	1.22%	5.66%	1.22%
QCOM	F	0.89%	4.18%	0.89%
SMCI	D	0.55%	1.05%	0.55%
TTWO	B	1.21%	2.49%	1.21%

QQEW Overweight 88 Positions Relative to FMET

Symbol	Grade	Weight
TEAM	B	1.46%
TSLA	B	1.39%
NFLX	B	1.22%
DASH	A	1.2%
BKNG	B	1.2%
BKR	C	1.19%
MRVL	B	1.18%
FTNT	C	1.17%
WBD	C	1.17%
DDOG	A	1.15%
TMUS	A	1.15%
LULU	C	1.14%
CHTR	C	1.14%
ZS	C	1.13%
PDD	F	1.13%
CRWD	B	1.13%
PANW	C	1.12%
FAST	B	1.12%
MAR	A	1.11%
TTD	B	1.1%
CDNS	B	1.08%
PCAR	B	1.08%
ISRG	C	1.08%
HON	B	1.08%
PYPL	A	1.07%
ODFL	B	1.07%
CSCO	A	1.07%
XEL	A	1.06%
CPRT	A	1.05%
ADP	B	1.05%
MU	D	1.05%
DXCM	C	1.04%
ANSS	B	1.04%
SNPS	B	1.04%
CTAS	B	1.04%
CMCSA	C	1.04%
ORLY	B	1.04%
VRSK	A	1.04%
GILD	B	1.03%
GFS	C	1.03%
AMZN	C	1.03%
PAYX	B	1.03%
MNST	B	1.02%
WDAY	C	1.01%
CTSH	B	1.0%
ABNB	C	1.0%
SBUX	B	0.99%
COST	B	0.99%
INTU	C	0.98%
MDB	C	0.98%
APP	B	0.97%
FANG	F	0.97%
ILMN	C	0.97%
ROP	B	0.96%
CSGP	C	0.96%
CSX	B	0.96%
TXN	D	0.95%
ON	C	0.94%
VRTX	D	0.94%
LIN	D	0.93%
AVGO	D	0.93%
EXC	D	0.93%
ARM	D	0.93%
AEP	D	0.92%
NXPI	D	0.92%
CCEP	B	0.91%
GEHC	F	0.91%
CEG	D	0.9%
PEP	F	0.9%
ADI	D	0.9%
MELI	C	0.89%
ROST	C	0.88%
LRCX	F	0.88%
KHC	D	0.86%
AMAT	F	0.86%
MDLZ	F	0.84%
AMGN	D	0.83%
KDP	D	0.83%
MCHP	F	0.82%
IDXX	F	0.8%
ASML	F	0.8%
KLAC	F	0.79%
AZN	F	0.78%
CDW	F	0.76%
BIIB	F	0.76%
REGN	F	0.63%
MRNA	F	0.55%
GOOG	C	0.52%

QQEW Underweight 22 Positions Relative to FMET

Symbol	Grade	Weight
EQIX	A	-3.47%
DLR	A	-3.27%
RBLX	C	-2.4%
PTC	A	-2.24%
SNAP	C	-1.82%
PINS	F	-1.82%
BSY	D	-1.59%
GLOB	B	-1.54%
ALTR	B	-1.5%
U	C	-1.25%
CRUS	F	-1.05%
AMBA	A	-0.99%
EXPI	C	-0.76%
MOMO	D	-0.73%
VNET	C	-0.72%
WB	C	-0.72%
BMBL	C	-0.72%
FSLY	D	-0.71%
DAVA	C	-0.68%
PLTK	B	-0.67%
HIMX	F	-0.61%
HEAR	C	-0.47%