QQEW vs. TMAT ETF Comparison

Comparison of First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW) to Main Thematic Innovation ETF (TMAT)

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

$132.00

Average Daily Volume

54,613

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

TMAT

Main Thematic Innovation ETF

TMAT Description

The investment seeks to outperform the MSCI ACWI Index® in rising markets while limiting losses during periods of decline. The adviser seeks to achieve its objective through dynamic thematic rotation. The Adviser focuses its research primarily on identifying emerging, disruptive, and innovative themes that have a large market demand or addressable market. The Adviser rotates among themes with large addressable markets which may range from nascent technologies to those on the cusp of widespread adoption and buys securities of ETFs investing in those themes.

Grade (RS Rating)

Last Trade

$21.62

Average Daily Volume

16,515

Number of Holdings ^*

113

* may have additional holdings in another (foreign) market

Performance

Period	QQEW	TMAT
30 Days	4.58%	18.40%
60 Days	4.98%	21.39%
90 Days	6.88%	26.73%
12 Months	21.56%	48.90%

19 Overlapping Holdings

Symbol	Grade	Weight in QQEW	Weight in TMAT	Overlap
ABNB	C	1.0%	0.51%	0.51%
AMAT	F	0.86%	0.42%	0.42%
ANSS	B	1.04%	1.16%	1.04%
APP	B	0.97%	4.39%	0.97%
ARM	D	0.93%	1.39%	0.93%
AVGO	D	0.93%	1.17%	0.93%
CPRT	A	1.05%	0.59%	0.59%
EA	C	1.16%	0.64%	0.64%
GOOG	C	0.52%	0.48%	0.48%
KLAC	F	0.79%	0.9%	0.79%
LRCX	F	0.88%	0.35%	0.35%
META	D	0.98%	2.68%	0.98%
MU	D	1.05%	1.47%	1.05%
NVDA	C	1.22%	4.25%	1.22%
ON	C	0.94%	0.52%	0.52%
PDD	F	1.13%	0.4%	0.4%
SMCI	D	0.55%	0.28%	0.28%
TTWO	B	1.21%	0.62%	0.62%
TXN	D	0.95%	1.6%	0.95%

QQEW Overweight 82 Positions Relative to TMAT

Symbol	Grade	Weight
TEAM	B	1.46%
TSLA	B	1.39%
NFLX	B	1.22%
DASH	A	1.2%
BKNG	B	1.2%
BKR	C	1.19%
MRVL	B	1.18%
FTNT	C	1.17%
WBD	C	1.17%
DDOG	A	1.15%
TMUS	A	1.15%
LULU	C	1.14%
CHTR	C	1.14%
ZS	C	1.13%
CRWD	B	1.13%
ADSK	B	1.12%
PANW	C	1.12%
FAST	B	1.12%
MAR	A	1.11%
TTD	B	1.1%
CDNS	B	1.08%
PCAR	B	1.08%
ISRG	C	1.08%
HON	B	1.08%
INTC	C	1.07%
PYPL	A	1.07%
ODFL	B	1.07%
CSCO	A	1.07%
XEL	A	1.06%
ADP	B	1.05%
DXCM	C	1.04%
SNPS	B	1.04%
CTAS	B	1.04%
CMCSA	C	1.04%
ORLY	B	1.04%
VRSK	A	1.04%
GILD	B	1.03%
GFS	C	1.03%
AMZN	C	1.03%
PAYX	B	1.03%
MNST	B	1.02%
WDAY	C	1.01%
CTSH	B	1.0%
SBUX	B	0.99%
COST	B	0.99%
INTU	C	0.98%
MDB	C	0.98%
FANG	F	0.97%
AAPL	B	0.97%
ILMN	C	0.97%
ROP	B	0.96%
CSGP	C	0.96%
CSX	B	0.96%
VRTX	D	0.94%
LIN	D	0.93%
MSFT	D	0.93%
ADBE	C	0.93%
EXC	D	0.93%
AEP	D	0.92%
NXPI	D	0.92%
CCEP	B	0.91%
GEHC	F	0.91%
CEG	D	0.9%
PEP	F	0.9%
ADI	D	0.9%
QCOM	F	0.89%
MELI	C	0.89%
ROST	C	0.88%
AMD	F	0.86%
KHC	D	0.86%
MDLZ	F	0.84%
AMGN	D	0.83%
KDP	D	0.83%
MCHP	F	0.82%
IDXX	F	0.8%
ASML	F	0.8%
AZN	F	0.78%
CDW	F	0.76%
BIIB	F	0.76%
REGN	F	0.63%
MRNA	F	0.55%
GOOGL	C	0.52%

QQEW Underweight 94 Positions Relative to TMAT

Symbol	Grade	Weight
TSM	C	-3.09%
AFRM	B	-2.59%
RKLB	B	-2.22%
HOOD	B	-1.72%
GLBE	A	-1.49%
COIN	B	-1.26%
KTOS	B	-1.22%
LMND	B	-1.15%
APLD	B	-1.07%
MKSI	C	-0.97%
VRT	B	-0.94%
PAY	A	-0.93%
BLND	B	-0.87%
BE	B	-0.85%
FOUR	B	-0.83%
IBKR	B	-0.82%
WULF	C	-0.8%
PAYC	A	-0.76%
STM	F	-0.76%
PRCT	B	-0.76%
EME	B	-0.75%
NTNX	B	-0.74%
DLO	C	-0.73%
HRI	B	-0.72%
AMSC	B	-0.71%
CPAY	A	-0.71%
RDNT	C	-0.7%
HQY	B	-0.7%
GENI	B	-0.7%
FLNC	C	-0.7%
LYFT	C	-0.69%
WK	B	-0.68%
ACHR	B	-0.68%
PCTY	B	-0.67%
BILI	D	-0.67%
FLYW	C	-0.65%
CFLT	B	-0.64%
DKNG	C	-0.64%
APH	B	-0.63%
CSL	B	-0.63%
ACVA	B	-0.63%
CDNA	D	-0.62%
DLR	A	-0.62%
ZD	C	-0.6%
TDG	D	-0.59%
UNP	C	-0.57%
WT	B	-0.57%
QLYS	C	-0.57%
NIO	F	-0.57%
SYK	C	-0.56%
EVTC	C	-0.55%
IREN	C	-0.54%
LPRO	C	-0.54%
HIMS	A	-0.54%
NTAP	C	-0.54%
ICE	D	-0.53%
IRDM	C	-0.53%
DLB	B	-0.53%
SWTX	C	-0.52%
BMI	B	-0.52%
UTHR	C	-0.52%
IBTA	C	-0.51%
BAH	F	-0.5%
WDC	C	-0.5%
VTEX	F	-0.5%
GERN	D	-0.49%
LNW	D	-0.49%
EBR	F	-0.48%
PSTG	D	-0.47%
ASND	D	-0.47%
CRSR	C	-0.47%
ONTO	F	-0.47%
APPF	B	-0.45%
ARE	D	-0.45%
BRKR	F	-0.45%
FSLR	F	-0.43%
KRYS	C	-0.43%
SPT	C	-0.42%
CRSP	C	-0.42%
PLUG	D	-0.42%
FORM	F	-0.41%
CLSK	C	-0.41%
MQ	F	-0.39%
PUBM	C	-0.38%
SRPT	F	-0.37%
HUYA	F	-0.37%
LLY	F	-0.36%
RIVN	D	-0.32%
LCID	F	-0.31%
PAGS	F	-0.3%
ENPH	F	-0.27%
RCKT	F	-0.26%
LAZR	F	-0.23%
JMIA	F	-0.15%