SMRI vs. QQXT ETF Comparison

Comparison of Bushido Capital US Equity ETF (SMRI) to First Trust NASDAQ-100 Ex-Technology Sector Index Fund (QQXT)

SMRI

Bushido Capital US Equity ETF

SMRI Description

The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of the fund"s net assets (plus the amount of any borrowings for investment purposes) in U.S. listed common stock.

Grade (RS Rating)

Last Trade

$33.73

Average Daily Volume

5,682

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QQXT

First Trust NASDAQ-100 Ex-Technology Sector Index Fund

QQXT 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 Ex-Tech 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 not classified as "technology" according to the Industry Classification Benchmark ("ICB") classification system and, as a result, is a subset of the NASDAQ-100 Index(R). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$98.33

Average Daily Volume

5,079

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SMRI	QQXT
30 Days	10.80%	5.03%
60 Days	10.33%	5.84%
90 Days	12.23%	7.93%
12 Months	35.14%	19.93%

7 Overlapping Holdings

Symbol	Grade	Weight in SMRI	Weight in QQXT	Overlap
ABNB	C	1.91%	1.72%	1.72%
AMGN	F	1.62%	1.41%	1.41%
BKNG	A	2.23%	2.11%	2.11%
FANG	F	1.82%	1.72%	1.72%
PAYX	B	1.97%	1.82%	1.82%
PCAR	B	2.05%	1.93%	1.93%
PYPL	B	1.99%	1.88%	1.88%

SMRI Overweight 43 Positions Relative to QQXT

Symbol	Grade	Weight
APP	B	4.63%
VST	B	2.58%
DAL	B	2.5%
DOCU	B	2.49%
MCK	B	2.37%
SNA	A	2.32%
EXPE	B	2.28%
EME	B	2.21%
EPAM	C	2.17%
WSM	B	2.12%
ZM	B	2.09%
JBL	C	2.08%
HPE	B	2.07%
OC	B	2.05%
FFIV	A	2.02%
CVX	A	2.02%
CAH	B	2.01%
EG	C	2.01%
GEN	A	2.01%
COR	A	1.99%
NRG	B	1.98%
EOG	C	1.97%
VLO	C	1.94%
XOM	C	1.9%
UTHR	B	1.88%
SLB	C	1.87%
NTAP	B	1.87%
NUE	D	1.82%
BWA	D	1.82%
MPC	D	1.79%
LKQ	D	1.72%
DVN	F	1.72%
NVR	D	1.71%
LEN	D	1.69%
QCOM	F	1.69%
CI	D	1.69%
BG	D	1.67%
PHM	D	1.65%
BLD	D	1.61%
MOH	D	1.57%
MRK	D	1.56%
CNC	F	1.46%
ELV	F	1.39%

SMRI Underweight 50 Positions Relative to QQXT

Symbol	Grade	Weight
TSLA	B	-2.43%
TTWO	A	-2.1%
NFLX	B	-2.06%
BKR	C	-2.04%
TMUS	A	-2.03%
EA	B	-2.01%
LULU	C	-2.01%
CHTR	B	-1.99%
MAR	A	-1.97%
FAST	A	-1.97%
WBD	C	-1.96%
HON	B	-1.92%
CPRT	A	-1.88%
CSCO	A	-1.88%
ODFL	B	-1.88%
ISRG	B	-1.87%
ORLY	A	-1.87%
XEL	A	-1.86%
DXCM	C	-1.85%
ADP	A	-1.84%
TTD	B	-1.83%
CMCSA	C	-1.83%
VRSK	A	-1.81%
CTAS	A	-1.81%
AMZN	B	-1.8%
GILD	B	-1.8%
SBUX	B	-1.79%
MNST	B	-1.78%
COST	A	-1.73%
VRTX	D	-1.72%
CSX	B	-1.71%
ILMN	C	-1.7%
EXC	C	-1.66%
CSGP	C	-1.62%
LIN	D	-1.62%
AEP	C	-1.61%
CCEP	B	-1.6%
PEP	F	-1.58%
ROST	C	-1.56%
GEHC	F	-1.56%
MELI	C	-1.55%
CEG	C	-1.54%
KHC	D	-1.52%
MDLZ	F	-1.47%
KDP	D	-1.42%
IDXX	F	-1.41%
AZN	D	-1.38%
BIIB	F	-1.35%
REGN	F	-1.14%
MRNA	F	-1.03%