QQEW vs. IMCG ETF Comparison

Comparison of First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW) to iShares Morningstar Mid-Cap Growth ETF (IMCG)

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

$124.08

Average Daily Volume

70,200

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

IMCG

iShares Morningstar Mid-Cap Growth ETF

IMCG Description

The investment seeks to track the investment results of the MorningstarÂ® US Mid Cap Broad Growth IndexSM composed of mid-capitalization U.S. equities that exhibit growth characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of stocks issued by mid-capitalization companies that have exhibited above-average "growth" characteristics as determined by Morningstar, Inc.'s ("Morningstar" or the "index provider") proprietary index methodology.

Grade (RS Rating)

Last Trade

$72.12

Average Daily Volume

96,752

Number of Holdings ^*

299

* may have additional holdings in another (foreign) market

Performance

Period	QQEW	IMCG
30 Days	-0.47%	2.59%
60 Days	-0.51%	3.96%
90 Days	0.02%	5.98%
12 Months	20.39%	26.81%

32 Overlapping Holdings

Symbol	Grade	Weight in QQEW	Weight in IMCG	Overlap
ADSK	C	1.09%	1.07%	1.07%
ANSS	D	1.0%	0.52%	0.52%
BKR	C	1.03%	0.32%	0.32%
CDW	D	0.94%	0.56%	0.56%
CPRT	D	0.93%	0.83%	0.83%
CSGP	D	1.07%	0.61%	0.61%
DASH	B	1.16%	0.76%	0.76%
DDOG	D	0.95%	0.61%	0.61%
DLTR	F	0.64%	0.12%	0.12%
DXCM	F	0.6%	0.52%	0.52%
EA	D	1.06%	0.48%	0.48%
FAST	C	1.08%	0.75%	0.75%
FTNT	B	1.29%	0.92%	0.92%
GEHC	C	1.12%	0.29%	0.29%
IDXX	D	1.02%	0.78%	0.78%
ILMN	C	1.21%	0.39%	0.39%
KDP	B	1.09%	0.28%	0.28%
LULU	D	0.85%	0.56%	0.56%
MCHP	D	0.84%	0.33%	0.33%
MDB	D	1.32%	0.39%	0.39%
MRNA	F	0.53%	0.19%	0.19%
ODFL	D	1.11%	0.69%	0.69%
ON	F	1.03%	0.21%	0.21%
PAYX	C	1.08%	0.83%	0.83%
ROST	C	1.04%	0.98%	0.98%
SMCI	F	0.39%	0.43%	0.39%
TEAM	D	1.03%	0.49%	0.49%
TTD	B	1.09%	0.89%	0.89%
TTWO	D	0.99%	0.46%	0.46%
VRSK	D	1.01%	0.73%	0.73%
WDAY	D	1.16%	1.0%	1.0%
ZS	F	0.94%	0.3%	0.3%

QQEW Overweight 69 Positions Relative to IMCG

Symbol	Grade	Weight
MELI	B	1.36%
TSLA	C	1.27%
SBUX	C	1.26%
XEL	B	1.21%
AEP	C	1.2%
GILD	B	1.19%
PYPL	B	1.18%
CTAS	C	1.18%
CHTR	D	1.18%
ISRG	C	1.16%
TMUS	C	1.16%
EXC	B	1.16%
ADP	B	1.14%
CTSH	C	1.13%
MDLZ	C	1.13%
ADBE	F	1.12%
REGN	C	1.12%
AMGN	B	1.09%
AAPL	C	1.09%
CCEP	B	1.09%
PANW	C	1.09%
COST	B	1.09%
PEP	D	1.08%
META	A	1.08%
WBD	D	1.08%
KHC	C	1.08%
LIN	B	1.07%
CSCO	B	1.06%
MRVL	C	1.05%
ORLY	D	1.05%
VRTX	D	1.04%
CMCSA	D	1.04%
INTU	C	1.04%
MNST	D	1.03%
AZN	D	1.02%
NFLX	B	1.02%
CSX	D	1.02%
TXN	C	1.02%
AVGO	C	1.01%
ROP	C	1.0%
AMZN	C	1.0%
BKNG	B	0.98%
HON	D	0.97%
ADI	C	0.97%
NVDA	D	0.96%
MAR	C	0.96%
MSFT	C	0.96%
AMD	D	0.95%
FANG	D	0.91%
PCAR	D	0.91%
KLAC	D	0.91%
BIIB	F	0.9%
ARM	C	0.88%
CEG	A	0.88%
CDNS	D	0.86%
NXPI	D	0.84%
SNPS	D	0.82%
ABNB	D	0.8%
QCOM	F	0.79%
AMAT	D	0.79%
GFS	F	0.79%
ASML	F	0.78%
LRCX	F	0.72%
CRWD	D	0.69%
PDD	F	0.69%
INTC	F	0.63%
MU	F	0.63%
GOOGL	D	0.44%
GOOG	D	0.44%

QQEW Underweight 267 Positions Relative to IMCG

Symbol	Grade	Weight
PLTR	A	-1.34%
AZO	D	-1.02%
HLT	B	-1.01%
FICO	B	-0.87%
GWW	A	-0.84%
MSCI	C	-0.84%
MPWR	C	-0.8%
EW	F	-0.78%
A	C	-0.76%
IT	A	-0.74%
PWR	B	-0.74%
AME	C	-0.73%
HWM	B	-0.73%
EFX	C	-0.72%
SYY	D	-0.72%
YUM	F	-0.71%
DLR	B	-0.71%
CARR	B	-0.71%
IR	C	-0.7%
RMD	C	-0.69%
HES	D	-0.68%
SQ	D	-0.67%
NEM	B	-0.66%
ALNY	C	-0.63%
GEV	B	-0.61%
COIN	F	-0.61%
MLM	D	-0.61%
VEEV	C	-0.61%
XYL	D	-0.6%
VMC	D	-0.6%
VRT	C	-0.59%
ROK	F	-0.57%
MTD	D	-0.56%
WAB	A	-0.56%
JCI	B	-0.55%
AMP	B	-0.55%
IQV	D	-0.53%
CMI	C	-0.53%
PSA	B	-0.52%
RCL	A	-0.52%
AXON	A	-0.51%
ARES	A	-0.51%
SBAC	C	-0.5%
CHD	C	-0.49%
BRO	C	-0.48%
BR	D	-0.47%
HUBS	D	-0.47%
STE	C	-0.46%
TYL	C	-0.46%
APP	B	-0.45%
TEL	D	-0.45%
NET	D	-0.45%
RBLX	B	-0.45%
DECK	D	-0.45%
OTIS	C	-0.44%
URI	B	-0.44%
FSLR	C	-0.44%
TRV	B	-0.44%
FCNCA	D	-0.43%
STZ	D	-0.42%
CBRE	A	-0.42%
COR	D	-0.42%
HUBB	A	-0.41%
TSCO	C	-0.41%
WST	D	-0.41%
D	B	-0.4%
INVH	C	-0.4%
GDDY	C	-0.39%
PTC	D	-0.39%
ALL	B	-0.39%
TRU	B	-0.37%
EL	F	-0.37%
CSL	B	-0.37%
LII	B	-0.36%
O	C	-0.35%
SUI	C	-0.35%
CPNG	A	-0.35%
EME	A	-0.35%
DFS	B	-0.35%
CTVA	B	-0.34%
PCG	B	-0.34%
DOV	B	-0.34%
FTV	C	-0.34%
GRMN	D	-0.33%
IRM	B	-0.33%
VST	A	-0.33%
BURL	C	-0.33%
FDS	C	-0.32%
KMB	D	-0.32%
MANH	A	-0.31%
LVS	D	-0.31%
AVB	C	-0.31%
PODD	B	-0.31%
HSY	D	-0.31%
FWONK	C	-0.31%
WSO	C	-0.31%
HEI	A	-0.3%
TPL	A	-0.3%
COO	B	-0.3%
VRSN	D	-0.3%
BMRN	F	-0.3%
CPAY	C	-0.3%
DD	B	-0.3%
IEX	D	-0.29%
LPLA	F	-0.29%
VLTO	B	-0.29%
BAH	B	-0.29%
NTRA	B	-0.29%
LYV	B	-0.28%
WTW	C	-0.28%
DOW	D	-0.28%
ROL	C	-0.28%
ENPH	D	-0.28%
PSTG	F	-0.28%
DT	C	-0.27%
AWK	C	-0.27%
NTNX	C	-0.27%
RJF	C	-0.26%
TW	B	-0.26%
TRGP	B	-0.26%
IBKR	A	-0.26%
DPZ	D	-0.26%
GGG	C	-0.26%
DELL	C	-0.25%
CLX	C	-0.25%
ERIE	B	-0.25%
DAL	C	-0.25%
ZBRA	B	-0.25%
MSTR	D	-0.25%
AMH	C	-0.25%
EXR	B	-0.25%
HAL	F	-0.25%
ACGL	B	-0.25%
FIX	A	-0.24%
LNG	C	-0.24%
CLH	A	-0.24%
PHM	B	-0.24%
MKL	C	-0.24%
NTAP	D	-0.24%
JKHY	C	-0.24%
NDSN	C	-0.24%
PPG	D	-0.23%
BALL	C	-0.23%
J	C	-0.23%
EXAS	C	-0.23%
FND	C	-0.23%
EQT	D	-0.23%
WAT	C	-0.23%
TTEK	C	-0.23%
NBIX	F	-0.23%
WSM	D	-0.22%
PFGC	B	-0.22%
SAIA	D	-0.22%
DOCU	C	-0.22%
WING	B	-0.22%
KIM	C	-0.22%
MOH	D	-0.22%
EBAY	B	-0.22%
KEYS	C	-0.22%
TECH	D	-0.22%
ALGN	D	-0.22%
OKTA	F	-0.22%
TDY	C	-0.21%
NVT	D	-0.21%
HEI	A	-0.21%
ZBH	F	-0.21%
PNR	B	-0.21%
GPN	D	-0.21%
MKC	C	-0.21%
NDAQ	A	-0.21%
HOOD	C	-0.21%
SRPT	D	-0.21%
RPM	B	-0.2%
WMS	D	-0.2%
WRB	C	-0.2%
BLDR	C	-0.2%
AVTR	C	-0.2%
EQR	C	-0.2%
CASY	D	-0.19%
CHDN	D	-0.19%
TER	D	-0.19%
DKNG	C	-0.19%
TWLO	C	-0.19%
ENTG	D	-0.19%
LECO	F	-0.19%
SNAP	F	-0.19%
TRMB	C	-0.18%
LW	D	-0.18%
DAY	D	-0.18%
ESS	C	-0.18%
DRI	B	-0.18%
PINS	F	-0.18%
UDR	C	-0.17%
ULTA	D	-0.17%
EXPE	C	-0.17%
MEDP	D	-0.17%
AVY	D	-0.17%
VTR	C	-0.17%
APTV	D	-0.16%
MORN	B	-0.16%
LDOS	B	-0.16%
ELS	C	-0.16%
XPO	D	-0.16%
TSN	D	-0.16%
PAYC	D	-0.16%
JBHT	D	-0.16%
GEN	B	-0.15%
TXT	D	-0.15%
GPC	D	-0.15%
CINF	C	-0.15%
ACM	B	-0.15%
BLD	D	-0.14%
SWK	B	-0.14%
MAA	C	-0.14%
CMS	B	-0.14%
ALLE	C	-0.14%
CNM	F	-0.14%
LUV	C	-0.14%
CE	F	-0.14%
WYNN	D	-0.14%
MAS	B	-0.14%
BSY	D	-0.13%
KMX	D	-0.13%
AKAM	D	-0.13%
CTRA	D	-0.13%
AOS	D	-0.13%
USFD	B	-0.13%
JBL	D	-0.13%
BRKR	D	-0.12%
UHS	B	-0.12%
SCI	C	-0.12%
HII	D	-0.12%
RVTY	C	-0.12%
CRL	F	-0.12%
POOL	D	-0.12%
INCY	C	-0.11%
TOL	B	-0.11%
ARE	C	-0.11%
DKS	D	-0.11%
RRX	C	-0.11%
EPAM	F	-0.11%
NRG	A	-0.11%
U	D	-0.11%
CPT	B	-0.11%
QRVO	F	-0.11%
AZPN	B	-0.11%
SNA	C	-0.1%
FFIV	B	-0.1%
CELH	F	-0.1%
ALB	F	-0.1%
REG	C	-0.09%
PCOR	F	-0.09%
DVA	B	-0.08%
FLEX	C	-0.08%
CCK	A	-0.08%
TFX	C	-0.08%
BJ	D	-0.08%
AFG	B	-0.07%
MGM	D	-0.07%
HRL	D	-0.06%
WTRG	D	-0.06%
COTY	F	-0.05%
UHAL	B	-0.05%
WLK	D	-0.04%
FWONA	C	-0.03%
ALAB	D	-0.02%
UHAL	B	-0.0%