QQEW vs. SPLV ETF Comparison

Comparison of First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW) to PowerShares S&P 500 Low Volatility Portfolio ETF (SPLV)

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

$129.38

Average Daily Volume

55,835

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

SPLV

PowerShares S&P 500 Low Volatility Portfolio ETF

SPLV Description

The PowerShares S&P 500 Low Volatility Portfolio (Fund) is based on the S&P 500 Low Volatility Index (Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poor's and consists of the 100 stocks from the S&P 500 Index with the lowest realized volatility over the past 12 months. Volatility is a statistical measurement of the magnitude of up and down asset price fluctuations over time. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$72.76

Average Daily Volume

1,657,378

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	QQEW	SPLV
30 Days	2.16%	0.29%
60 Days	5.29%	2.45%
90 Days	5.43%	5.86%
12 Months	20.57%	22.26%

15 Overlapping Holdings

Symbol	Grade	Weight in QQEW	Weight in SPLV	Overlap
ADP	A	1.05%	1.07%	1.05%
COST	B	0.96%	0.97%	0.96%
CSCO	A	1.06%	1.12%	1.06%
CSX	B	0.97%	0.96%	0.96%
CTAS	B	1.02%	1.01%	1.01%
EA	A	1.09%	0.97%	0.97%
HON	B	1.01%	1.12%	1.01%
KDP	C	0.83%	0.84%	0.83%
LIN	D	0.94%	1.08%	0.94%
MDLZ	F	0.84%	0.88%	0.84%
PAYX	B	1.04%	1.0%	1.0%
PEP	D	0.91%	0.91%	0.91%
REGN	F	0.68%	0.71%	0.68%
ROP	A	0.97%	1.09%	0.97%
TMUS	A	1.1%	1.43%	1.1%

QQEW Overweight 86 Positions Relative to SPLV

Symbol	Grade	Weight
TEAM	B	1.36%
NVDA	A	1.22%
MRVL	B	1.21%
PDD	F	1.2%
TSLA	B	1.18%
MU	D	1.18%
DASH	A	1.16%
TTD	B	1.15%
BKNG	A	1.15%
LULU	B	1.14%
INTC	C	1.14%
TTWO	A	1.14%
CHTR	B	1.13%
BKR	B	1.13%
ILMN	C	1.12%
GILD	B	1.11%
FAST	B	1.11%
GFS	C	1.09%
ODFL	B	1.09%
MAR	A	1.08%
NFLX	A	1.08%
WBD	B	1.08%
PANW	B	1.08%
ZS	B	1.08%
PCAR	B	1.08%
ADSK	B	1.08%
ABNB	C	1.07%
DDOG	B	1.07%
SNPS	C	1.07%
CMCSA	B	1.05%
CDNS	B	1.05%
CRWD	B	1.05%
ANSS	B	1.05%
ORLY	A	1.04%
AMZN	A	1.04%
VRTX	B	1.03%
CPRT	A	1.03%
ARM	D	1.03%
FTNT	B	1.03%
TXN	B	1.02%
AVGO	C	1.02%
CTSH	A	1.02%
ISRG	A	1.02%
PYPL	A	1.01%
MNST	B	1.01%
META	B	1.0%
MDB	C	1.0%
VRSK	A	1.0%
WDAY	B	0.99%
INTU	A	0.99%
XEL	A	0.98%
ON	F	0.98%
NXPI	F	0.97%
QCOM	F	0.97%
LRCX	F	0.97%
AMAT	F	0.96%
AAPL	C	0.95%
SBUX	B	0.95%
FANG	C	0.95%
ADI	D	0.95%
CSGP	F	0.94%
MSFT	C	0.93%
GEHC	D	0.93%
DXCM	C	0.93%
MCHP	F	0.92%
AMGN	F	0.91%
ADBE	C	0.91%
AMD	F	0.91%
EXC	C	0.9%
CEG	D	0.9%
CCEP	C	0.9%
KHC	F	0.89%
AEP	D	0.89%
ROST	D	0.87%
KLAC	F	0.86%
CDW	F	0.85%
DLTR	F	0.84%
BIIB	F	0.83%
ASML	D	0.81%
IDXX	F	0.81%
MELI	D	0.8%
AZN	F	0.78%
MRNA	F	0.73%
GOOG	C	0.53%
SMCI	F	0.53%
GOOGL	C	0.52%

QQEW Underweight 85 Positions Relative to SPLV

Symbol	Grade	Weight
BRK.A	B	-1.39%
V	A	-1.32%
FI	A	-1.28%
KMI	B	-1.24%
AMP	A	-1.23%
RSG	B	-1.21%
L	A	-1.21%
WMT	A	-1.19%
WMB	B	-1.19%
MA	B	-1.18%
KO	F	-1.15%
ITW	B	-1.14%
MMC	D	-1.14%
BK	B	-1.14%
TJX	A	-1.1%
ATO	B	-1.09%
OKE	A	-1.09%
PG	C	-1.08%
AME	A	-1.08%
MSI	B	-1.08%
JPM	A	-1.08%
ETR	B	-1.08%
MCD	C	-1.07%
IEX	B	-1.07%
PKG	B	-1.06%
CME	B	-1.04%
PM	B	-1.04%
JNJ	D	-1.02%
MET	C	-1.02%
HLT	A	-1.01%
COR	B	-1.01%
PRU	B	-1.01%
YUM	B	-1.01%
ICE	C	-1.01%
CL	F	-1.0%
SRE	B	-1.0%
HIG	C	-1.0%
OTIS	D	-1.0%
CB	C	-1.0%
PFG	C	-0.99%
WM	A	-0.99%
WELL	B	-0.99%
DRI	B	-0.98%
GD	C	-0.98%
UNP	D	-0.97%
AIG	B	-0.97%
BRO	B	-0.97%
VRSN	C	-0.96%
PPL	A	-0.96%
OMC	A	-0.96%
DUK	D	-0.95%
AVY	F	-0.95%
SPGI	C	-0.94%
CHD	A	-0.94%
LMT	D	-0.93%
MO	A	-0.93%
LH	B	-0.93%
PEG	C	-0.93%
AJG	A	-0.93%
AVB	B	-0.92%
MDT	D	-0.92%
SO	D	-0.92%
ABBV	F	-0.92%
AFL	C	-0.92%
ABT	C	-0.91%
BR	A	-0.91%
WEC	B	-0.9%
ECL	C	-0.89%
PPG	F	-0.89%
DGX	B	-0.89%
ED	D	-0.88%
CMS	D	-0.88%
MCK	B	-0.88%
KMB	D	-0.87%
EVRG	A	-0.87%
LNT	C	-0.87%
HOLX	D	-0.86%
SYY	D	-0.86%
STZ	D	-0.86%
FE	D	-0.86%
CBOE	D	-0.82%
GIS	F	-0.8%
LYB	F	-0.8%
DOW	F	-0.79%
ELV	F	-0.69%