QQEW vs. LOWV ETF Comparison

Comparison of First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW) to AB US Low Volatility Equity ETF (LOWV)

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

$130.66

Average Daily Volume

54,762

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

LOWV

AB US Low Volatility Equity ETF

LOWV Description

The fund is an actively-managed exchange-traded fund ("ETF"). The adviser seeks to achieve the fund"s investment objective by investing, under normal circumstances, at least 80% of its net assets in the equity securities of U.S. companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$71.43

Average Daily Volume

7,401

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QQEW	LOWV
30 Days	2.68%	1.02%
60 Days	4.65%	2.36%
90 Days	4.30%	3.86%
12 Months	19.78%	24.50%

21 Overlapping Holdings

Symbol	Grade	Weight in QQEW	Weight in LOWV	Overlap
AAPL	C	0.96%	3.95%	0.96%
ADBE	C	0.97%	1.41%	0.97%
ADI	D	0.9%	0.6%	0.6%
ADP	A	1.05%	1.73%	1.05%
AEP	C	0.88%	1.33%	0.88%
AMAT	F	0.93%	0.6%	0.6%
AMZN	C	1.06%	1.91%	1.06%
AVGO	D	0.96%	3.28%	0.96%
BKNG	A	1.17%	0.96%	0.96%
CMCSA	B	1.04%	1.26%	1.04%
EA	A	1.13%	0.89%	0.89%
GILD	C	1.05%	1.26%	1.05%
GOOG	C	0.52%	4.91%	0.52%
INTU	B	1.04%	1.7%	1.04%
LULU	C	1.21%	1.08%	1.08%
META	D	0.99%	1.64%	0.99%
MSFT	D	0.94%	8.14%	0.94%
NVDA	B	1.21%	2.24%	1.21%
ORLY	B	1.06%	0.48%	0.48%
PAYX	B	1.05%	0.46%	0.46%
VRTX	D	1.0%	0.86%	0.86%

QQEW Overweight 80 Positions Relative to LOWV

Symbol	Grade	Weight
TEAM	A	1.47%
TSLA	B	1.25%
DASH	B	1.19%
MRVL	B	1.18%
FTNT	C	1.18%
TTWO	A	1.17%
ZS	B	1.16%
CHTR	C	1.15%
NFLX	A	1.15%
WBD	B	1.15%
BKR	A	1.15%
TMUS	B	1.14%
PCAR	B	1.12%
ODFL	C	1.11%
MAR	A	1.11%
PANW	B	1.11%
FAST	B	1.11%
DDOG	A	1.1%
INTC	C	1.1%
ADSK	A	1.1%
CRWD	B	1.1%
TTD	B	1.1%
HON	C	1.09%
PDD	F	1.08%
CSCO	B	1.07%
CPRT	B	1.07%
PYPL	B	1.07%
ISRG	A	1.06%
CDNS	B	1.06%
MU	D	1.05%
MNST	C	1.05%
WDAY	B	1.05%
VRSK	A	1.04%
SNPS	B	1.04%
ILMN	C	1.04%
GFS	C	1.04%
XEL	A	1.03%
DXCM	C	1.02%
ANSS	B	1.02%
CTAS	B	1.02%
CTSH	B	1.02%
MDB	B	1.01%
SBUX	A	0.99%
COST	A	0.98%
CSX	C	0.98%
ABNB	C	0.98%
FANG	C	0.97%
ROP	B	0.97%
TXN	C	0.97%
ARM	F	0.94%
PEP	F	0.93%
NXPI	D	0.93%
LRCX	F	0.93%
CSGP	D	0.93%
QCOM	F	0.93%
CCEP	C	0.93%
LIN	C	0.92%
ON	D	0.92%
EXC	C	0.91%
ROST	D	0.89%
DLTR	F	0.88%
GEHC	D	0.88%
KHC	F	0.87%
KDP	F	0.86%
MELI	C	0.86%
MDLZ	F	0.85%
CEG	C	0.85%
AMD	F	0.85%
ASML	F	0.84%
AMGN	F	0.84%
KLAC	F	0.82%
MCHP	F	0.82%
AZN	F	0.8%
IDXX	F	0.8%
BIIB	F	0.79%
CDW	F	0.77%
REGN	F	0.66%
MRNA	F	0.58%
GOOGL	C	0.52%
SMCI	F	0.38%

QQEW Underweight 53 Positions Relative to LOWV

Symbol	Grade	Weight
FI	A	-2.47%
ORCL	A	-2.33%
UNH	B	-2.09%
ABBV	F	-2.05%
V	A	-1.96%
PM	B	-1.91%
MCK	A	-1.74%
MRK	D	-1.73%
JPM	A	-1.59%
AZO	C	-1.49%
MMC	B	-1.34%
KO	D	-1.34%
BAC	A	-1.23%
MA	B	-1.18%
NOW	A	-1.17%
LHX	C	-1.14%
DOX	D	-1.14%
PG	C	-1.11%
CBOE	C	-1.1%
G	B	-1.06%
EG	C	-1.05%
SHW	B	-1.02%
ACM	B	-0.96%
CI	D	-0.96%
NYT	D	-0.9%
LLY	F	-0.89%
YUM	D	-0.89%
MDT	D	-0.85%
RELX	D	-0.83%
WMT	A	-0.82%
GEN	B	-0.81%
WTW	B	-0.79%
PGR	A	-0.79%
AEE	A	-0.77%
NTAP	C	-0.74%
PSA	C	-0.73%
ETN	A	-0.66%
XOM	B	-0.66%
LMT	D	-0.64%
DLB	B	-0.64%
MSCI	C	-0.63%
MTB	A	-0.61%
RGA	A	-0.6%
LDOS	C	-0.55%
CL	D	-0.54%
AFG	A	-0.5%
TSM	B	-0.48%
SPGI	C	-0.41%
FR	D	-0.39%
CRM	B	-0.33%
NICE	D	-0.29%
TMO	F	-0.29%
VZ	C	-0.22%