SMDY vs. FTQI ETF Comparison

Comparison of Syntax Stratified MidCap ETF (SMDY) to First Trust Low Beta Income ETF (FTQI)

SMDY

Syntax Stratified MidCap ETF

SMDY Description

The investment seeks to provide investment results that, before expenses, correspond generally to the total return performance of publicly traded equity securities of companies comprising the Syntax Stratified MidCap Index. Under normal market conditions, the fund generally invests substantially all, and at least 95%, of its total assets in the securities comprising the index. The index, which was created by Syntax LLC, an affiliate of the fund's investment adviser, is the stratified-weight version of the widely used S&P MidCap 400® Index and holds the same constituents as the S&P MidCap 400 Index.

Grade (RS Rating)

Last Trade

$44.22

Average Daily Volume

467

Number of Holdings ^*

391

* may have additional holdings in another (foreign) market

FTQI

First Trust Low Beta Income ETF

FTQI Description

The investment seeks to provide current income. The fund will pursue its objective by investing in large cap equity securities listed on U.S. exchanges and by utilizing an "option strategy" consisting of buying U.S. exchange-traded put options on the Standard & Poor's 500(c) Index (the "index") and writing (selling) U.S. exchange-traded covered call options on the index. The market value of the option strategy may be up to 20% of the fund's overall net asset value. The equity securities in which the fund will invest and the options which the fund will buy and write will be limited to U.S. exchange-traded securities and options. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$20.56

Average Daily Volume

120,543

Number of Holdings ^*

194

* may have additional holdings in another (foreign) market

Performance

Period	SMDY	FTQI
30 Days	2.10%	0.30%
60 Days	1.12%	1.00%
90 Days	5.04%	1.16%
12 Months	18.14%	16.10%

45 Overlapping Holdings

Symbol	Grade	Weight in SMDY	Weight in FTQI	Overlap
AAON	B	0.08%	0.13%	0.08%
ACHC	C	0.68%	0.15%	0.15%
BMRN	F	0.46%	0.28%	0.28%
CASY	D	0.2%	0.42%	0.2%
CG	C	0.28%	0.29%	0.28%
CHDN	C	0.13%	0.15%	0.13%
COKE	C	0.59%	0.2%	0.2%
CVLT	B	0.39%	0.07%	0.07%
CYTK	F	0.42%	0.15%	0.15%
DUOL	B	0.3%	0.37%	0.3%
ERIE	A	0.46%	0.28%	0.28%
EWBC	C	0.07%	0.22%	0.07%
HALO	B	0.51%	0.19%	0.19%
JAZZ	D	0.4%	0.14%	0.14%
LANC	D	0.26%	0.12%	0.12%
LECO	F	0.29%	0.14%	0.14%
LITE	B	1.28%	0.17%	0.17%
LNTH	C	0.2%	0.14%	0.14%
LSTR	D	0.17%	0.15%	0.15%
MANH	B	0.34%	0.2%	0.2%
MASI	D	0.13%	0.11%	0.11%
MEDP	D	0.34%	0.32%	0.32%
MIDD	C	0.32%	0.12%	0.12%
MKSI	F	0.37%	0.2%	0.2%
MORN	C	0.32%	0.26%	0.26%
MTSI	D	0.43%	0.2%	0.2%
MUSA	C	0.23%	0.17%	0.17%
NBIX	F	0.38%	0.23%	0.23%
NOVT	D	0.13%	0.18%	0.13%
OLED	C	0.11%	0.23%	0.11%
OLLI	C	0.22%	0.2%	0.2%
PNFP	B	0.08%	0.2%	0.08%
RGEN	F	0.43%	0.02%	0.02%
RGLD	B	0.18%	0.14%	0.14%
SAIA	D	0.15%	0.17%	0.15%
SFM	B	0.38%	0.1%	0.1%
SRPT	F	0.45%	0.13%	0.13%
TTEK	C	0.16%	0.15%	0.15%
UFPI	C	0.06%	0.47%	0.06%
UMBF	B	0.14%	0.2%	0.14%
UTHR	C	0.52%	0.17%	0.17%
WFRD	F	0.15%	0.37%	0.15%
WWD	D	0.07%	0.25%	0.07%
XRAY	D	0.18%	0.15%	0.15%
ZION	D	0.07%	0.14%	0.07%

SMDY Overweight 346 Positions Relative to FTQI

Symbol	Grade	Weight
SMG	C	1.82%
COTY	F	1.64%
DOCS	B	1.37%
CIEN	C	1.35%
FYBR	C	1.28%
IRDM	D	1.18%
ZD	D	0.97%
DT	C	0.83%
OHI	A	0.7%
SBRA	B	0.68%
QLYS	F	0.68%
THC	B	0.67%
LNW	B	0.67%
ARMK	B	0.63%
TXRH	D	0.57%
WEN	C	0.56%
WING	B	0.54%
DLB	D	0.51%
CRUS	D	0.51%
LAD	C	0.5%
EXEL	B	0.49%
PAG	D	0.49%
POST	C	0.49%
AMKR	F	0.48%
ILMN	C	0.47%
TOL	B	0.45%
TMHC	B	0.45%
WBS	C	0.45%
KBH	B	0.45%
AN	D	0.45%
PRGO	D	0.44%
ASB	D	0.43%
BRBR	B	0.43%
GMED	D	0.42%
CNO	B	0.42%
PSTG	F	0.41%
SF	A	0.41%
SLAB	D	0.41%
IBKR	B	0.4%
POWI	F	0.39%
PRI	B	0.39%
ONTO	F	0.39%
PPC	D	0.38%
ALGM	F	0.38%
ENOV	F	0.38%
NVST	D	0.38%
ARWR	F	0.37%
UNM	B	0.37%
HRB	C	0.36%
PCTY	C	0.36%
LIVN	D	0.36%
BHF	D	0.36%
KMPR	D	0.36%
SYNA	F	0.36%
FNF	A	0.35%
MTG	B	0.35%
BURL	B	0.34%
RNR	B	0.34%
AZTA	D	0.34%
HAE	D	0.34%
EQH	C	0.34%
FAF	B	0.34%
DBX	D	0.34%
CPRI	D	0.33%
LSCC	D	0.33%
BLKB	B	0.33%
AMG	C	0.33%
ESNT	B	0.33%
INGR	A	0.33%
WEX	C	0.32%
NXST	D	0.32%
JHG	B	0.32%
TKO	B	0.32%
USFD	B	0.32%
DAR	F	0.32%
RMBS	F	0.32%
APPF	D	0.31%
CAR	F	0.31%
RGA	B	0.31%
ESAB	C	0.31%
NYT	C	0.31%
JWN	B	0.31%
PFGC	B	0.31%
TGNA	C	0.31%
FHI	A	0.31%
GHC	C	0.31%
FLO	C	0.3%
CRI	C	0.3%
SEIC	B	0.3%
MMS	D	0.3%
LOPE	D	0.3%
DKS	D	0.3%
SAM	F	0.29%
TEX	D	0.29%
COLM	B	0.29%
WU	D	0.29%
SLM	C	0.28%
OGE	B	0.28%
ALTR	C	0.28%
IDA	B	0.28%
POR	B	0.28%
OSK	D	0.28%
EEFT	D	0.28%
NSP	D	0.28%
VOYA	A	0.28%
MSA	C	0.28%
SKX	C	0.27%
NWE	A	0.27%
PNM	B	0.27%
TTC	D	0.27%
HQY	C	0.27%
ALLY	F	0.27%
ST	D	0.27%
CROX	C	0.26%
BJ	D	0.26%
GAP	F	0.26%
CELH	F	0.26%
OPCH	C	0.26%
OGS	B	0.25%
HOG	C	0.25%
ALE	A	0.25%
THO	D	0.25%
EHC	B	0.25%
TDC	F	0.25%
WMG	D	0.25%
VNT	D	0.25%
NFG	B	0.24%
UGI	C	0.24%
G	C	0.24%
PLNT	A	0.24%
CGNX	D	0.24%
ORA	C	0.24%
BKH	B	0.24%
M	F	0.24%
SR	B	0.24%
AGCO	D	0.24%
PVH	F	0.24%
DTM	B	0.24%
AMED	C	0.24%
ZI	D	0.24%
CNXC	D	0.24%
CHE	C	0.24%
WTRG	D	0.23%
SHC	B	0.23%
GME	F	0.23%
PII	D	0.23%
SCI	B	0.23%
EXLS	C	0.23%
NJR	B	0.23%
LFUS	D	0.22%
SAIC	C	0.22%
AM	B	0.22%
NSA	B	0.22%
ELS	C	0.22%
IRT	B	0.22%
IPGP	F	0.22%
CUBE	B	0.22%
BC	C	0.22%
ELF	F	0.21%
ENS	C	0.21%
CACI	B	0.21%
RYAN	C	0.21%
PEN	D	0.21%
JEF	B	0.21%
AYI	B	0.21%
SWX	C	0.21%
AMH	C	0.21%
KEX	C	0.21%
ORI	A	0.2%
KNSL	C	0.2%
PGNY	F	0.2%
THG	A	0.2%
VC	F	0.2%
XPO	D	0.19%
BCO	B	0.19%
WSM	C	0.19%
KNX	C	0.19%
GNTX	F	0.19%
FIVE	D	0.19%
DINO	D	0.19%
UAA	C	0.18%
AFG	B	0.18%
RLI	B	0.18%
CLH	B	0.18%
AVTR	B	0.18%
FLR	D	0.18%
RBA	C	0.18%
TPX	C	0.17%
CMC	D	0.17%
RH	B	0.17%
R	B	0.17%
HLI	B	0.17%
WHR	D	0.17%
NOV	D	0.17%
MAT	C	0.17%
KD	D	0.17%
CHX	D	0.17%
EVR	B	0.17%
NVT	D	0.17%
UA	C	0.17%
ANF	D	0.17%
JLL	B	0.17%
SRCL	A	0.17%
GXO	D	0.17%
BRKR	D	0.16%
RS	D	0.16%
ACM	B	0.16%
LII	B	0.16%
X	D	0.16%
EXPO	B	0.16%
RCM	C	0.16%
SIGI	C	0.16%
PBF	F	0.16%
GATX	D	0.15%
ASGN	D	0.15%
FCN	C	0.15%
KBR	D	0.15%
GLPI	B	0.15%
YETI	D	0.15%
MP	D	0.15%
PCH	C	0.14%
BLD	D	0.14%
VAL	F	0.14%
EXP	B	0.14%
MTZ	B	0.14%
KNF	B	0.14%
BYD	C	0.14%
MAN	C	0.14%
FND	C	0.14%
NEOG	C	0.14%
FIX	B	0.14%
VNO	B	0.13%
TCBI	B	0.13%
WTFC	B	0.13%
BDC	B	0.13%
CFR	C	0.13%
EME	B	0.13%
LPX	B	0.13%
AA	D	0.13%
RYN	C	0.13%
MDU	B	0.13%
CBSH	C	0.13%
HWC	D	0.13%
CLF	F	0.13%
CUZ	B	0.12%
COHR	B	0.12%
FHN	D	0.12%
LEA	D	0.11%
KRC	B	0.11%
CHH	C	0.11%
TREX	F	0.11%
PK	D	0.1%
ALV	F	0.1%
TNL	D	0.1%
FLS	D	0.1%
GGG	C	0.1%
MTN	D	0.1%
RPM	B	0.1%
AXTA	C	0.1%
CBT	B	0.1%
WTS	C	0.1%
WH	B	0.1%
VSH	D	0.1%
AVNT	B	0.1%
REXR	C	0.09%
ATR	B	0.09%
STAG	C	0.09%
SSD	C	0.09%
RBC	C	0.09%
ASH	D	0.09%
WLK	D	0.09%
FR	C	0.09%
HGV	D	0.09%
HXL	F	0.09%
NEU	D	0.09%
DCI	D	0.09%
ADNT	F	0.09%
VVV	D	0.09%
H	C	0.09%
KRG	B	0.08%
GTLS	F	0.08%
MSM	D	0.08%
ADC	C	0.08%
PB	B	0.08%
CR	C	0.08%
CSL	C	0.08%
BWXT	D	0.08%
VLY	C	0.08%
BRX	B	0.08%
GT	F	0.08%
RRX	C	0.08%
FFIN	B	0.08%
CNX	A	0.08%
GBCI	B	0.08%
OLN	D	0.08%
VAC	F	0.08%
COLB	B	0.08%
WMS	D	0.08%
CW	B	0.08%
TKR	D	0.08%
SSB	B	0.08%
EGP	B	0.08%
VMI	D	0.08%
WPC	B	0.08%
HELE	D	0.08%
PR	D	0.07%
CACC	D	0.07%
SNX	D	0.07%
MUR	D	0.07%
CNM	F	0.07%
OZK	D	0.07%
MTDR	D	0.07%
IBOC	C	0.07%
LAMR	A	0.07%
FNB	D	0.07%
CADE	B	0.07%
NNN	B	0.07%
AVT	D	0.07%
CC	F	0.07%
HOMB	B	0.07%
AIT	C	0.07%
ARW	C	0.07%
OC	C	0.07%
UBSI	B	0.07%
SNV	C	0.07%
EPR	B	0.07%
ITT	C	0.07%
ONB	C	0.07%
TPL	C	0.07%
AR	D	0.06%
GPK	B	0.06%
RRC	D	0.06%
CHK	D	0.06%
SLGN	B	0.06%
CHRD	F	0.06%
CCK	A	0.06%
BERY	B	0.06%
SWN	D	0.06%
CIVI	F	0.06%
STWD	A	0.06%
OVV	D	0.06%
WSO	C	0.06%
WCC	C	0.06%
SON	C	0.05%
GEF	D	0.05%
WOLF	F	0.04%

SMDY Underweight 149 Positions Relative to FTQI

Symbol	Grade	Weight
AAPL	D	-9.13%
MSFT	C	-8.44%
NVDA	D	-4.75%
AVGO	C	-4.41%
AMZN	C	-4.32%
META	A	-4.19%
COST	C	-2.72%
TSLA	C	-2.23%
NFLX	B	-2.05%
ADBE	D	-1.75%
AMD	F	-1.73%
GOOGL	D	-1.71%
GOOG	D	-1.7%
PEP	C	-1.65%
TMUS	C	-1.56%
TXN	C	-1.53%
CSCO	B	-1.38%
INTU	D	-1.27%
LIN	B	-1.27%
EQIX	B	-1.24%
QCOM	D	-1.21%
LLY	C	-1.18%
CME	C	-0.95%
CHKP	C	-0.81%
NTAP	D	-0.8%
ORCL	B	-0.68%
SPGI	B	-0.64%
APH	D	-0.54%
OTTR	D	-0.53%
MGEE	B	-0.5%
LNT	A	-0.48%
CRM	D	-0.46%
PTC	D	-0.46%
ICLR	D	-0.43%
NOW	A	-0.41%
TYL	C	-0.4%
STX	D	-0.4%
A	C	-0.37%
WMT	B	-0.37%
AMT	C	-0.35%
SNY	C	-0.35%
BGC	B	-0.35%
NDAQ	B	-0.34%
ZBRA	B	-0.33%
MPWR	C	-0.33%
APA	F	-0.32%
SBAC	C	-0.31%
PAGP	D	-0.3%
TRMD	C	-0.29%
TSCO	C	-0.29%
ANET	B	-0.28%
BCPC	C	-0.28%
EVRG	A	-0.25%
CL	C	-0.23%
CYBR	D	-0.22%
PCVX	B	-0.22%
PTEN	F	-0.22%
V	B	-0.22%
MSI	C	-0.2%
VRNS	C	-0.2%
ABBV	C	-0.2%
ICUI	B	-0.19%
APP	B	-0.19%
IESC	C	-0.19%
PODD	B	-0.18%
BNTX	C	-0.18%
EBAY	B	-0.18%
IDCC	B	-0.18%
FFIV	A	-0.18%
REG	C	-0.18%
EXPE	C	-0.17%
CHRW	B	-0.17%
RVMD	C	-0.17%
STRL	B	-0.17%
SSNC	B	-0.17%
NTRA	B	-0.17%
DOX	C	-0.17%
QRVO	F	-0.17%
WTW	B	-0.16%
INCY	C	-0.16%
HOOD	C	-0.16%
AXON	B	-0.16%
EXAS	C	-0.16%
JBHT	D	-0.15%
HBAN	B	-0.15%
FITB	B	-0.15%
FCNCA	D	-0.15%
POOL	C	-0.15%
TRMB	C	-0.15%
SOFI	C	-0.15%
GH	D	-0.15%
BSY	D	-0.15%
ASND	C	-0.15%
RMD	C	-0.15%
ULTA	D	-0.15%
CINF	B	-0.15%
TWST	D	-0.15%
ENSG	C	-0.15%
VKTX	C	-0.15%
NTRS	B	-0.15%
ARGX	C	-0.15%
WIX	D	-0.14%
AXP	B	-0.14%
ALNY	B	-0.14%
PGR	A	-0.14%
ACLS	F	-0.14%
MDGL	F	-0.14%
TECH	C	-0.14%
XOM	D	-0.14%
VEEV	C	-0.14%
MRUS	D	-0.14%
APLS	F	-0.14%
ITRI	C	-0.14%
KRYS	D	-0.14%
RPRX	C	-0.14%
MKTX	C	-0.13%
UPST	C	-0.13%
FRPT	B	-0.13%
TMDX	C	-0.13%
MTD	D	-0.13%
COIN	F	-0.13%
LEGN	F	-0.13%
CAT	C	-0.13%
GE	B	-0.12%
VMC	D	-0.12%
PH	B	-0.12%
LOW	B	-0.12%
WAT	C	-0.12%
ETN	C	-0.12%
DJT	F	-0.12%
WM	D	-0.11%
LOGI	D	-0.11%
UFPT	C	-0.11%
SHOO	B	-0.11%
HOLX	B	-0.1%
MMYT	B	-0.09%
TROW	D	-0.09%
BL	D	-0.08%
CRVL	B	-0.08%
DOCU	C	-0.07%
ACGL	B	-0.06%
CSWI	B	-0.06%
TW	A	-0.05%
OKTA	F	-0.05%
CVCO	B	-0.04%
NWSA	D	-0.04%
GEV	B	-0.03%
RXST	C	-0.02%
REYN	C	-0.01%