RAFE vs. QQEW ETF Comparison

Comparison of PIMCO RAFI ESG U.S. ETF (RAFE) to First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW)

RAFE

PIMCO RAFI ESG U.S. ETF

RAFE Description

The investment seeks to provide total return that closely corresponds, before fees and expenses, to the total return of the RAFI ESG US Index. The fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its total assets in the component securities of the RAFI ESG US Index. The underlying index is constructed by RAFI Indices, LLC using a rules-based approach within publicly traded U.S. equities to create an integrated ESG strategy which overweights companies that rate well across various ESG themes and excludes companies with a major involvement in industries such as tobacco, gaming, weapons and fossil fuels.

Grade (RS Rating)

Last Trade

$36.74

Average Daily Volume

4,418

Number of Holdings ^*

234

* may have additional holdings in another (foreign) market

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

$125.42

Average Daily Volume

66,511

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	RAFE	QQEW
30 Days	2.44%	3.98%
60 Days	9.67%	9.57%
90 Days	4.22%	0.25%
12 Months	29.08%	22.85%

45 Overlapping Holdings

Symbol	Grade	Weight in RAFE	Weight in QQEW	Overlap
AAPL	C	5.25%	0.98%	0.98%
ADBE	F	0.53%	0.97%	0.53%
ADI	B	0.32%	1.01%	0.32%
ADP	A	0.34%	0.98%	0.34%
AMAT	C	0.76%	1.08%	0.76%
AMD	C	0.06%	1.06%	0.06%
AMGN	D	0.98%	0.93%	0.93%
AVGO	B	1.08%	1.03%	1.03%
BIIB	F	0.27%	0.96%	0.27%
CDNS	D	0.1%	0.99%	0.1%
CDW	D	0.1%	1.0%	0.1%
CMCSA	B	1.21%	1.01%	1.01%
CSCO	A	2.21%	1.0%	1.0%
CTSH	B	0.14%	1.01%	0.14%
EA	D	0.21%	1.02%	0.21%
FAST	C	0.07%	1.0%	0.07%
GEHC	C	0.25%	1.01%	0.25%
GILD	A	0.74%	0.98%	0.74%
ILMN	B	0.06%	0.99%	0.06%
INTC	D	2.25%	1.08%	1.08%
ISRG	C	0.1%	0.99%	0.1%
KDP	C	0.13%	0.99%	0.13%
KHC	F	0.18%	0.98%	0.18%
KLAC	B	0.21%	1.05%	0.21%
LIN	C	1.0%	1.01%	1.0%
LRCX	D	0.47%	1.08%	0.47%
MAR	A	0.2%	1.01%	0.2%
MCHP	F	0.06%	1.03%	0.06%
MDLZ	D	0.27%	0.99%	0.27%
META	A	0.99%	1.0%	0.99%
MRVL	C	0.09%	0.98%	0.09%
MSFT	D	4.8%	0.98%	0.98%
MU	D	0.76%	1.19%	0.76%
NFLX	A	0.06%	1.0%	0.06%
NVDA	B	0.77%	1.05%	0.77%
ON	F	0.08%	1.04%	0.08%
ORLY	A	0.02%	1.03%	0.02%
PAYX	B	0.08%	0.98%	0.08%
PEP	F	0.25%	0.98%	0.25%
PYPL	A	0.46%	1.03%	0.46%
QCOM	D	1.33%	1.01%	1.01%
SNPS	F	0.06%	1.0%	0.06%
TMUS	A	0.33%	1.01%	0.33%
TSLA	C	0.3%	1.05%	0.3%
TXN	C	0.69%	1.02%	0.69%

RAFE Overweight 189 Positions Relative to QQEW

Symbol	Grade	Weight
JPM	C	2.88%
JNJ	D	2.72%
C	B	2.37%
PG	D	2.36%
PFE	D	2.17%
T	B	1.85%
WFC	B	1.71%
MRK	F	1.63%
IBM	A	1.55%
VZ	C	1.46%
GM	D	1.46%
ABBV	C	1.43%
HD	A	1.42%
BMY	A	1.37%
ORCL	A	1.2%
CI	D	1.17%
ELV	F	0.98%
LOW	C	0.95%
TGT	C	0.95%
MMM	C	0.93%
KO	C	0.93%
ABT	C	0.92%
F	D	0.88%
DIS	D	0.81%
V	B	0.77%
ACN	B	0.75%
LLY	D	0.68%
GS	B	0.65%
MA	A	0.6%
BAC	B	0.59%
HPQ	B	0.57%
MET	A	0.56%
BLK	A	0.53%
HPE	B	0.52%
DD	C	0.51%
DOW	B	0.5%
AXP	A	0.48%
NEM	C	0.48%
NKE	D	0.47%
UNH	B	0.47%
ALL	A	0.46%
DE	C	0.45%
BBY	C	0.45%
UPS	D	0.43%
DHR	D	0.43%
PRU	B	0.42%
TJX	D	0.4%
JCI	C	0.4%
CRM	B	0.38%
HUM	F	0.37%
EBAY	A	0.35%
CVS	D	0.35%
CL	D	0.34%
FDX	F	0.33%
WM	B	0.33%
CARR	A	0.32%
GIS	C	0.31%
APD	C	0.31%
ADM	F	0.3%
WDC	C	0.3%
IP	C	0.29%
BDX	C	0.28%
FIS	A	0.28%
CBRE	C	0.28%
MCK	F	0.27%
CCI	D	0.25%
WELL	C	0.25%
KMB	D	0.25%
ITW	C	0.24%
WY	C	0.23%
NTAP	D	0.23%
HIG	A	0.22%
CAH	B	0.22%
ECL	C	0.22%
PGR	B	0.21%
STT	A	0.2%
EIX	C	0.2%
SYY	D	0.2%
EQIX	C	0.19%
VTR	C	0.19%
JLL	C	0.18%
AMT	D	0.18%
PARA	F	0.17%
JNPR	C	0.17%
AMP	A	0.17%
BAX	D	0.17%
PPG	D	0.17%
OC	C	0.16%
IRM	B	0.16%
LUMN	C	0.16%
MSI	A	0.16%
WHR	C	0.16%
PFG	A	0.16%
BK	A	0.15%
CMI	A	0.15%
MOS	F	0.15%
EL	D	0.14%
ARW	C	0.14%
A	B	0.14%
CNC	F	0.14%
K	B	0.14%
VFC	A	0.14%
BALL	C	0.14%
DVA	C	0.14%
ZTS	C	0.13%
SHW	C	0.13%
GWW	B	0.13%
AVB	C	0.13%
KSS	D	0.13%
DG	F	0.13%
EQR	C	0.13%
MCO	D	0.13%
IFF	D	0.12%
OMC	C	0.12%
FOXA	B	0.12%
CF	A	0.12%
EW	F	0.12%
PKG	B	0.11%
SWK	C	0.11%
HLT	A	0.11%
AWK	D	0.11%
FITB	C	0.1%
DELL	C	0.1%
TER	C	0.1%
TPR	B	0.1%
SPGI	C	0.09%
HOLX	D	0.09%
HCA	C	0.09%
GAP	F	0.09%
PVH	D	0.09%
TSCO	A	0.09%
SYK	C	0.09%
HST	D	0.09%
OTIS	A	0.09%
LEA	F	0.08%
SJM	D	0.08%
BSX	A	0.08%
KEYS	B	0.08%
WAT	B	0.08%
TROW	D	0.07%
AKAM	D	0.07%
HUN	B	0.07%
CAG	D	0.07%
USFD	C	0.07%
DOX	B	0.07%
LKQ	F	0.07%
PLD	D	0.07%
WBA	F	0.07%
SOLV	C	0.07%
GPC	D	0.07%
AVT	B	0.07%
LNC	B	0.06%
MAA	D	0.06%
VTRS	D	0.06%
GT	F	0.05%
WAB	A	0.05%
HSIC	D	0.05%
XRX	D	0.05%
CPB	D	0.05%
FL	F	0.05%
DGX	D	0.05%
NTRS	B	0.05%
CHD	D	0.05%
DXC	C	0.05%
HSY	D	0.05%
TSN	D	0.05%
NWSA	D	0.04%
ESS	D	0.04%
KD	D	0.04%
OGN	F	0.04%
ROK	D	0.04%
CTVA	A	0.04%
DOV	C	0.04%
MHK	C	0.04%
EQH	B	0.04%
HAS	A	0.04%
MAN	D	0.03%
NWL	D	0.03%
FLEX	B	0.03%
NDAQ	C	0.03%
AAP	F	0.03%
KIM	C	0.03%
AGCO	D	0.03%
RSG	D	0.03%
WU	D	0.03%
ANET	A	0.02%
O	C	0.02%
M	D	0.02%
HRL	F	0.01%

RAFE Underweight 56 Positions Relative to QQEW

Symbol	Grade	Weight
PDD	B	-1.28%
ASML	F	-1.06%
ARM	C	-1.06%
BKNG	B	-1.04%
NXPI	F	-1.03%
GFS	F	-1.02%
TTWO	D	-1.01%
ADSK	B	-1.01%
DASH	A	-1.01%
LULU	D	-1.01%
CPRT	B	-1.0%
CTAS	C	-1.0%
ANSS	D	-1.0%
SBUX	B	-1.0%
DLTR	F	-1.0%
MNST	D	-1.0%
HON	C	-1.0%
MELI	D	-0.99%
TTD	A	-0.99%
TEAM	D	-0.99%
VRSK	D	-0.99%
IDXX	D	-0.99%
FTNT	A	-0.99%
ODFL	F	-0.99%
CEG	A	-0.99%
WBD	F	-0.99%
WDAY	D	-0.98%
PCAR	D	-0.98%
ZS	F	-0.98%
ROP	D	-0.98%
ROST	D	-0.98%
EXC	C	-0.98%
COST	C	-0.98%
DDOG	B	-0.98%
PANW	B	-0.98%
VRTX	D	-0.98%
AZN	D	-0.98%
XEL	C	-0.98%
AMZN	C	-0.98%
MDB	D	-0.97%
ABNB	D	-0.97%
AEP	C	-0.97%
INTU	F	-0.97%
CSX	D	-0.96%
MRNA	F	-0.96%
CCEP	C	-0.96%
DXCM	F	-0.95%
CHTR	D	-0.95%
BKR	B	-0.95%
CSGP	F	-0.95%
CRWD	D	-0.93%
FANG	D	-0.92%
REGN	D	-0.9%
SMCI	F	-0.87%
GOOGL	B	-0.49%
GOOG	B	-0.49%