QTEC vs. IWFG ETF Comparison

Comparison of First Trust NASDAQ-100- Technology Index Fund (QTEC) to IQ MacKay Municipal Insured ETF (IWFG)

QTEC

First Trust NASDAQ-100- Technology Index Fund

QTEC 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 Technology Sector 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 index is an equal-weighted index based on the securities of the NASDAQ-100 Index(R) that are classified as "technology" according to the Industry Classification Benchmark classification system. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$187.33

Average Daily Volume

124,370

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IWFG

IQ MacKay Municipal Insured ETF

IWFG Description

The Fund seek long-term growth of capital by employing a bottom-up investment process while investing in companies that have the potential for above-average future earnings and cash flow growth. IWFG typically invests in a portfolio of 25-35 stocks, allocating 10-60% across each growth type. The fund invests in stocks of companies operating across diversified sectors. It invests in growth stocks of large-cap companies. IQ MacKay Municipal Insured ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$45.58

Average Daily Volume

210

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QTEC	IWFG
30 Days	-2.08%	0.66%
60 Days	7.88%	8.02%
90 Days	-7.18%	-1.69%
12 Months	27.95%	45.89%

13 Overlapping Holdings

Symbol	Grade	Weight in QTEC	Weight in IWFG	Overlap
AAPL	C	2.8%	4.6%	2.8%
ADBE	F	2.51%	2.6%	2.51%
ADI	C	2.57%	3.22%	2.57%
ASML	F	2.03%	2.09%	2.03%
AVGO	C	2.57%	4.75%	2.57%
GOOG	C	1.15%	4.86%	1.15%
INTU	F	2.63%	2.41%	2.41%
LRCX	F	1.91%	2.47%	1.91%
META	A	2.87%	3.64%	2.87%
MSFT	C	2.48%	11.39%	2.48%
NVDA	C	2.37%	7.84%	2.37%
SNPS	F	2.16%	2.08%	2.08%
WDAY	D	2.87%	1.56%	1.56%

QTEC Overweight 29 Positions Relative to IWFG

Symbol	Grade	Weight
FTNT	C	3.28%
MDB	D	3.17%
DASH	B	3.07%
ADSK	C	2.83%
CTSH	C	2.8%
ON	F	2.72%
TXN	C	2.7%
PANW	D	2.65%
MRVL	C	2.65%
TEAM	D	2.55%
ROP	C	2.54%
ANSS	D	2.52%
DDOG	D	2.5%
AMD	D	2.47%
CDW	D	2.46%
ZS	F	2.44%
KLAC	D	2.4%
CDNS	D	2.24%
NXPI	F	2.24%
ARM	C	2.23%
MCHP	F	2.19%
AMAT	D	2.12%
QCOM	D	2.08%
GFS	F	2.04%
CRWD	D	1.85%
PDD	D	1.77%
INTC	D	1.73%
MU	D	1.63%
GOOGL	C	1.15%

QTEC Underweight 16 Positions Relative to IWFG

Symbol	Grade	Weight
AMZN	C	-7.81%
SPOT	B	-3.13%
MA	A	-3.13%
TT	A	-3.12%
ORLY	A	-2.93%
KKR	C	-2.72%
ISRG	C	-2.57%
HD	A	-2.55%
NOW	C	-2.38%
MELI	C	-2.31%
CMG	C	-2.26%
NFLX	C	-2.12%
UBER	C	-1.87%
BKNG	C	-1.85%
HLT	B	-1.52%
APH	D	-1.35%