QQEW vs. SPGP ETF Comparison

Comparison of First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW) to Invesco S&P 500 GARP ETF (SPGP)

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

SPGP

Invesco S&P 500 GARP ETF

SPGP Description

The investment seeks to track the investment results (before fees and expenses) of the S&P 500 GARP Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, the index provider compiles, maintains and calculates the underlying index, which is designed to track the performance of approximately 75 growth stocks in the S&P 500 that exhibit quality characteristics and have attractive valuation.

Grade (RS Rating)

Last Trade

$103.83

Average Daily Volume

288,585

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QQEW	SPGP
30 Days	-0.47%	0.86%
60 Days	-0.51%	-0.55%
90 Days	0.02%	1.38%
12 Months	20.39%	16.01%

18 Overlapping Holdings

Symbol	Grade	Weight in QQEW	Weight in SPGP	Overlap
AAPL	C	1.09%	0.93%	0.93%
AMAT	D	0.79%	0.81%	0.79%
CPRT	D	0.93%	0.95%	0.93%
FANG	D	0.91%	1.56%	0.91%
GOOG	D	0.44%	1.0%	0.44%
KLAC	D	0.91%	1.29%	0.91%
LRCX	F	0.72%	0.87%	0.72%
LULU	D	0.85%	1.32%	0.85%
MCHP	D	0.84%	0.82%	0.82%
META	A	1.08%	1.04%	1.04%
NVDA	D	0.96%	2.25%	0.96%
NXPI	D	0.84%	1.47%	0.84%
ODFL	D	1.11%	1.02%	1.02%
ON	F	1.03%	1.24%	1.03%
PANW	C	1.09%	1.52%	1.09%
PCAR	D	0.91%	1.2%	0.91%
ROST	C	1.04%	1.99%	1.04%
VRTX	D	1.04%	0.88%	0.88%

QQEW Overweight 83 Positions Relative to SPGP

Symbol	Grade	Weight
MELI	B	1.36%
MDB	D	1.32%
FTNT	B	1.29%
TSLA	C	1.27%
SBUX	C	1.26%
ILMN	C	1.21%
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%
DASH	B	1.16%
TMUS	C	1.16%
EXC	B	1.16%
WDAY	D	1.16%
ADP	B	1.14%
CTSH	C	1.13%
MDLZ	C	1.13%
ADBE	F	1.12%
GEHC	C	1.12%
REGN	C	1.12%
TTD	B	1.09%
ADSK	C	1.09%
AMGN	B	1.09%
CCEP	B	1.09%
KDP	B	1.09%
COST	B	1.09%
PEP	D	1.08%
PAYX	C	1.08%
WBD	D	1.08%
KHC	C	1.08%
FAST	C	1.08%
CSGP	D	1.07%
LIN	B	1.07%
EA	D	1.06%
CSCO	B	1.06%
MRVL	C	1.05%
ORLY	D	1.05%
CMCSA	D	1.04%
INTU	C	1.04%
BKR	C	1.03%
MNST	D	1.03%
TEAM	D	1.03%
AZN	D	1.02%
NFLX	B	1.02%
CSX	D	1.02%
TXN	C	1.02%
IDXX	D	1.02%
AVGO	C	1.01%
VRSK	D	1.01%
ANSS	D	1.0%
ROP	C	1.0%
AMZN	C	1.0%
TTWO	D	0.99%
BKNG	B	0.98%
HON	D	0.97%
ADI	C	0.97%
MAR	C	0.96%
MSFT	C	0.96%
DDOG	D	0.95%
AMD	D	0.95%
CDW	D	0.94%
ZS	F	0.94%
BIIB	F	0.9%
ARM	C	0.88%
CEG	A	0.88%
CDNS	D	0.86%
SNPS	D	0.82%
ABNB	D	0.8%
QCOM	F	0.79%
GFS	F	0.79%
ASML	F	0.78%
CRWD	D	0.69%
PDD	F	0.69%
DLTR	F	0.64%
INTC	F	0.63%
MU	F	0.63%
DXCM	F	0.6%
MRNA	F	0.53%
GOOGL	D	0.44%
SMCI	F	0.39%

QQEW Underweight 57 Positions Relative to SPGP

Symbol	Grade	Weight
EOG	D	-2.23%
TJX	C	-2.13%
VLO	F	-2.07%
MPC	D	-2.05%
ANET	A	-2.05%
COP	D	-1.94%
UAL	C	-1.89%
STLD	D	-1.81%
MRO	C	-1.8%
ULTA	D	-1.77%
DAL	C	-1.77%
NUE	F	-1.65%
BLDR	C	-1.63%
DHI	C	-1.61%
PAYC	D	-1.58%
GPC	D	-1.56%
OKE	B	-1.55%
PSX	D	-1.54%
CVX	D	-1.53%
DFS	B	-1.5%
CF	C	-1.48%
XOM	D	-1.47%
DE	B	-1.44%
JBL	D	-1.42%
ACGL	B	-1.4%
SYY	D	-1.4%
IT	A	-1.36%
PHM	B	-1.35%
CTRA	D	-1.34%
MOH	D	-1.3%
CAT	B	-1.29%
SYF	C	-1.28%
APA	F	-1.28%
TEL	D	-1.27%
MA	B	-1.19%
L	D	-1.17%
BRK.A	C	-1.16%
LEN	C	-1.15%
COF	A	-1.12%
EG	C	-1.12%
WRB	C	-1.11%
TPR	C	-1.1%
DVN	D	-1.07%
DECK	D	-1.05%
CB	B	-1.05%
GWW	A	-1.05%
MOS	F	-1.02%
CE	F	-1.01%
INCY	C	-0.98%
AMP	B	-0.95%
V	C	-0.93%
ADM	D	-0.88%
OXY	F	-0.87%
HAL	F	-0.83%
MLM	D	-0.8%
HPE	D	-0.72%
LW	D	-0.66%