QQEW vs. JOET ETF Comparison

Comparison of First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW) to Virtus Terranova U.S. Quality Momentum ETF (JOET)

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

$123.72

Average Daily Volume

69,139

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

JOET

Virtus Terranova U.S. Quality Momentum ETF

JOET Description

The investment seeks investment results that correspond, before fees and expenses, to the price and yield performance of the Terranova U.S. Quality Momentum Index. Under normal market conditions, the fund will invest not less than 80% of its assets in component securities of the index. The index is designed to track the performance of quality large-capitalization companies listed in the United States. The index includes common stock and ADRs. The fund will invest not less than 80% of its net assets (plus the amount of any borrowings for investment purposes) in U.S. securities.

Grade (RS Rating)

Last Trade

$36.61

Average Daily Volume

24,072

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	QQEW	JOET
30 Days	0.13%	1.81%
60 Days	6.38%	10.53%
90 Days	0.19%	6.33%
12 Months	22.45%	33.83%

34 Overlapping Holdings

Symbol	Grade	Weight in QQEW	Weight in JOET	Overlap
AAPL	C	0.98%	0.78%	0.78%
ADI	C	1.01%	0.76%	0.76%
ADSK	B	1.01%	0.84%	0.84%
AMAT	B	1.08%	0.74%	0.74%
AMD	D	1.06%	0.87%	0.87%
AMZN	C	0.98%	0.77%	0.77%
AVGO	C	1.03%	0.85%	0.85%
CDNS	D	0.99%	0.79%	0.79%
CEG	B	0.99%	1.09%	0.99%
COST	C	0.98%	0.81%	0.81%
CPRT	B	1.0%	0.76%	0.76%
CRWD	D	0.93%	0.83%	0.83%
CTAS	B	1.0%	0.79%	0.79%
CTSH	B	1.01%	0.77%	0.77%
FANG	D	0.92%	0.63%	0.63%
FAST	B	1.0%	0.76%	0.76%
GOOGL	B	0.49%	0.73%	0.49%
INTU	F	0.97%	0.73%	0.73%
ISRG	A	0.99%	0.81%	0.81%
KLAC	B	1.05%	0.74%	0.74%
LRCX	D	1.08%	0.69%	0.69%
MELI	C	0.99%	0.93%	0.93%
META	A	1.0%	0.91%	0.91%
MSFT	D	0.98%	0.75%	0.75%
NFLX	A	1.0%	0.83%	0.83%
NVDA	C	1.05%	0.8%	0.8%
NXPI	F	1.03%	0.72%	0.72%
PANW	D	0.98%	0.76%	0.76%
PCAR	D	0.98%	0.74%	0.74%
QCOM	D	1.01%	0.7%	0.7%
SMCI	F	0.87%	0.44%	0.44%
SNPS	F	1.0%	0.7%	0.7%
TTD	C	0.99%	0.88%	0.88%
VRTX	D	0.98%	0.69%	0.69%

QQEW Overweight 67 Positions Relative to JOET

Symbol	Grade	Weight
PDD	B	1.28%
MU	D	1.19%
INTC	D	1.08%
ASML	F	1.06%
ARM	C	1.06%
TSLA	C	1.05%
BKNG	C	1.04%
ON	F	1.04%
MCHP	F	1.03%
PYPL	C	1.03%
ORLY	A	1.03%
EA	D	1.02%
TXN	C	1.02%
GFS	F	1.02%
TMUS	A	1.01%
TTWO	F	1.01%
LIN	B	1.01%
CMCSA	B	1.01%
DASH	A	1.01%
LULU	D	1.01%
GEHC	C	1.01%
MAR	B	1.01%
ANSS	D	1.0%
SBUX	B	1.0%
CDW	D	1.0%
DLTR	F	1.0%
MNST	D	1.0%
CSCO	A	1.0%
HON	C	1.0%
TEAM	D	0.99%
VRSK	D	0.99%
MDLZ	C	0.99%
KDP	C	0.99%
IDXX	D	0.99%
FTNT	A	0.99%
ODFL	D	0.99%
WBD	D	0.99%
ILMN	B	0.99%
WDAY	D	0.98%
GILD	A	0.98%
ZS	F	0.98%
ROP	C	0.98%
ROST	C	0.98%
PEP	D	0.98%
EXC	A	0.98%
ADP	A	0.98%
MRVL	C	0.98%
DDOG	D	0.98%
KHC	D	0.98%
AZN	D	0.98%
XEL	A	0.98%
PAYX	A	0.98%
MDB	F	0.97%
ABNB	D	0.97%
AEP	C	0.97%
ADBE	F	0.97%
CSX	D	0.96%
BIIB	F	0.96%
MRNA	F	0.96%
CCEP	C	0.96%
DXCM	F	0.95%
CHTR	D	0.95%
BKR	B	0.95%
CSGP	F	0.95%
AMGN	D	0.93%
REGN	D	0.9%
GOOG	B	0.49%

QQEW Underweight 90 Positions Relative to JOET

Symbol	Grade	Weight
APP	A	-1.23%
PLTR	A	-1.01%
AXON	A	-0.95%
CPNG	C	-0.91%
ORCL	B	-0.9%
ANET	A	-0.89%
HWM	A	-0.89%
EXPE	B	-0.88%
IRM	A	-0.88%
PSA	C	-0.88%
PGR	C	-0.87%
TT	A	-0.87%
AFL	A	-0.87%
HUBB	A	-0.87%
ACGL	A	-0.87%
UBER	C	-0.87%
CMG	C	-0.86%
PWR	B	-0.86%
RCL	C	-0.86%
IBKR	A	-0.86%
WELL	C	-0.86%
TW	A	-0.85%
PH	A	-0.85%
CMI	B	-0.84%
MPWR	B	-0.84%
MA	A	-0.84%
FSLR	C	-0.84%
NVR	A	-0.84%
KKR	A	-0.83%
CAT	A	-0.83%
NU	D	-0.83%
PHM	A	-0.82%
AXP	A	-0.82%
TRV	C	-0.82%
HEI	A	-0.82%
SYK	C	-0.81%
ROL	B	-0.81%
CME	A	-0.81%
LLY	D	-0.81%
CINF	A	-0.81%
DECK	B	-0.8%
CB	A	-0.8%
DHI	C	-0.8%
EXR	C	-0.8%
IT	C	-0.8%
URI	C	-0.8%
CHKP	C	-0.79%
LEN	B	-0.79%
V	C	-0.79%
CPAY	A	-0.79%
HIG	A	-0.79%
NOW	C	-0.79%
AMP	A	-0.79%
GWW	A	-0.79%
BRK.A	C	-0.78%
WRB	B	-0.78%
SPGI	C	-0.78%
PTC	D	-0.78%
TJX	C	-0.78%
APO	A	-0.77%
BRO	A	-0.77%
FITB	C	-0.76%
APH	D	-0.76%
PG	C	-0.76%
MMC	D	-0.76%
MTB	C	-0.75%
NTRS	C	-0.75%
RF	C	-0.75%
JPM	D	-0.74%
ELV	F	-0.74%
IR	A	-0.74%
AME	D	-0.74%
SYF	B	-0.73%
TYL	B	-0.73%
GRMN	D	-0.73%
DFS	C	-0.73%
AJG	D	-0.73%
XOM	A	-0.73%
EOG	B	-0.72%
STLD	B	-0.72%
HBAN	D	-0.72%
MKL	C	-0.72%
EPD	A	-0.72%
XYL	C	-0.71%
CFG	D	-0.7%
PSX	D	-0.69%
ICLR	F	-0.66%
HES	D	-0.66%
FCNCA	D	-0.65%
VLO	F	-0.64%