AIEQ vs. ILDR ETF Comparison

Comparison of AI Powered Equity ETF (AIEQ) to First Trust Innovation Leaders ETF (ILDR)

AIEQ

AI Powered Equity ETF

AIEQ Description

The investment seeks capital appreciation. The fund is actively managed and invests primarily in equity securities listed on a U.S. exchange based on the results of a proprietary, quantitative model (the EquBot Model) developed by EquBot LLC (EquBot) that runs on the IBM Watson? platform. EquBot, the fund's sub-adviser, is a technology based company focused on applying artificial intelligence (AI) based solutions to investment analyses. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$41.53

Average Daily Volume

7,468

Number of Holdings ^*

136

* may have additional holdings in another (foreign) market

ILDR

First Trust Innovation Leaders ETF

ILDR Description

First Trust Innovation Leaders ETF is an exchange-traded fund incorporated in the USA. The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in common stock and depository receipts issued by U.S. and non-U.S. companies that may benefit from the development or application of scientific and technological innovation. The fund’s investments will be concentrated in the information technology sector, and therefore, may be concentrated in one or more industries within the information technology sector. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.16

Average Daily Volume

11,191

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AIEQ	ILDR
30 Days	9.32%	4.51%
60 Days	11.64%	7.08%
90 Days	13.04%	10.88%
12 Months	35.08%	42.77%

11 Overlapping Holdings

Symbol	Grade	Weight in AIEQ	Weight in ILDR	Overlap
AMZN	C	3.74%	6.57%	3.74%
AVGO	D	3.2%	2.87%	2.87%
BWXT	B	0.3%	1.16%	0.3%
HALO	F	0.21%	0.93%	0.21%
ISRG	C	2.62%	1.03%	1.03%
LLY	F	0.4%	0.35%	0.35%
NBIX	C	0.17%	0.5%	0.17%
NVDA	C	4.04%	8.61%	4.04%
SQ	B	0.87%	1.12%	0.87%
VRTX	D	2.12%	0.98%	0.98%
ZS	C	0.98%	1.07%	0.98%

AIEQ Overweight 125 Positions Relative to ILDR

Symbol	Grade	Weight
INTC	C	3.61%
GS	B	3.6%
GOOGL	C	3.4%
CRWD	B	2.99%
DIS	B	2.75%
PLTR	B	2.74%
NKE	F	2.44%
ELV	F	2.19%
FI	A	2.15%
APH	B	2.15%
VST	B	2.1%
CVX	B	2.08%
APP	B	1.97%
BA	D	1.75%
EMR	A	1.37%
CHTR	C	1.36%
SNOW	C	1.33%
FANG	F	1.31%
UPS	C	1.27%
EW	C	1.07%
LPLA	B	1.01%
HST	C	0.98%
RCL	B	0.95%
DXCM	C	0.94%
F	C	0.92%
DASH	A	0.92%
LVS	C	0.91%
TEAM	B	0.9%
TDG	D	0.88%
WSM	B	0.88%
HWM	B	0.85%
HPE	B	0.76%
EL	F	0.72%
FSLR	F	0.72%
DFS	B	0.71%
BIIB	F	0.67%
STLD	B	0.65%
LNG	B	0.64%
GPC	D	0.6%
QRVO	F	0.59%
LYB	F	0.59%
CSL	B	0.56%
GRMN	A	0.54%
MGM	F	0.54%
OKTA	C	0.52%
UHS	D	0.52%
LII	A	0.5%
XPO	B	0.5%
PSTG	D	0.5%
RHP	B	0.46%
FCNCA	B	0.44%
ETSY	D	0.43%
ENPH	F	0.43%
SFM	B	0.4%
IEX	B	0.36%
GNRC	B	0.35%
AOS	D	0.34%
HRB	D	0.34%
CTLT	B	0.33%
SNX	C	0.33%
AAP	C	0.33%
ESTC	C	0.31%
RH	B	0.3%
FN	D	0.29%
GL	C	0.29%
KBR	F	0.28%
EXP	B	0.28%
HOG	F	0.27%
NVT	B	0.27%
GFS	C	0.26%
RYAN	A	0.24%
FLR	B	0.23%
APA	F	0.23%
TTC	D	0.22%
MTSI	B	0.21%
OSK	B	0.21%
CNX	B	0.2%
CMC	B	0.2%
TECH	C	0.2%
BPMC	C	0.2%
HLI	A	0.19%
COOP	B	0.19%
LNC	B	0.18%
GMED	A	0.18%
BSY	D	0.18%
EEFT	B	0.17%
LNTH	D	0.17%
HAE	B	0.17%
ACI	C	0.17%
CHRD	F	0.17%
FIVN	C	0.17%
SEE	C	0.17%
MAN	D	0.16%
TENB	C	0.16%
DINO	F	0.16%
VKTX	F	0.16%
DCI	A	0.16%
MUR	F	0.15%
SUM	B	0.15%
RIVN	D	0.14%
TREX	C	0.14%
JAZZ	B	0.14%
OMF	A	0.14%
POWI	D	0.14%
PRGO	C	0.14%
CIVI	D	0.13%
ORA	B	0.13%
CHE	D	0.13%
ITCI	C	0.13%
HP	C	0.12%
SM	C	0.12%
TDW	F	0.12%
ST	F	0.12%
LPX	B	0.12%
TKR	D	0.11%
NOG	A	0.11%
VVV	F	0.1%
GATX	A	0.1%
AM	B	0.1%
MSA	C	0.1%
EXPO	D	0.09%
CHX	C	0.07%
WFRD	F	0.07%
CFLT	B	0.07%
RIG	D	0.05%

AIEQ Underweight 47 Positions Relative to ILDR

Symbol	Grade	Weight
ORCL	C	-6.12%
MSFT	D	-4.89%
GOOG	C	-3.78%
META	D	-3.56%
NOW	B	-3.17%
UBER	D	-2.96%
CEG	D	-2.41%
SHOP	B	-2.09%
MU	D	-1.82%
MRVL	B	-1.73%
QCOM	F	-1.65%
GTLS	B	-1.46%
TOST	B	-1.44%
WDAY	C	-1.4%
DUK	C	-1.33%
SMR	C	-1.31%
MRK	F	-1.24%
BMRN	F	-1.21%
AVAV	D	-1.18%
PANW	C	-1.16%
NFLX	B	-1.14%
TMO	F	-1.1%
RMBS	C	-1.08%
ANET	C	-1.06%
V	A	-1.04%
DT	C	-1.03%
AVTR	F	-1.01%
TW	B	-0.94%
SWTX	C	-0.9%
FOLD	F	-0.89%
ADBE	C	-0.89%
DDOG	A	-0.85%
TTD	B	-0.8%
GEV	C	-0.79%
CYBR	B	-0.76%
MDB	C	-0.75%
GTLB	C	-0.69%
AKAM	F	-0.68%
MDGL	B	-0.68%
MIRM	B	-0.67%
OKLO	C	-0.58%
ABBV	D	-0.57%
GRAB	B	-0.56%
ABNB	C	-0.48%
RCUS	F	-0.44%
REGN	F	-0.43%
SGBX	F	-0.41%