AIEQ vs. QTEC ETF Comparison

Comparison of AI Powered Equity ETF (AIEQ) to First Trust NASDAQ-100- Technology Index Fund (QTEC)

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

$34.67

Average Daily Volume

9,327

Number of Holdings ^*

121

* may have additional holdings in another (foreign) market

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

$183.99

Average Daily Volume

110,361

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AIEQ	QTEC
30 Days	-4.62%	-3.67%
60 Days	-0.72%	-2.73%
90 Days	-0.34%	1.05%
12 Months	28.78%	50.98%

5 Overlapping Holdings

Symbol	Grade	Weight in AIEQ	Weight in QTEC	Overlap
KLAC	B	1.09%	2.44%	1.09%
META	D	1.12%	2.62%	1.12%
NVDA	B	4.67%	2.38%	2.38%
QCOM	B	1.09%	2.52%	1.09%
TEAM	F	1.09%	2.63%	1.09%

AIEQ Overweight 116 Positions Relative to QTEC

Symbol	Grade	Weight
BLK	C	4.59%
MRK	A	4.58%
NCLH	B	4.26%
WMB	A	3.47%
TSLA	D	3.36%
SQ	C	3.25%
DKS	A	2.53%
W	F	2.15%
WING	A	2.11%
CTLT	C	2.03%
PHM	B	1.95%
SM	A	1.47%
CROX	C	1.47%
RJF	B	1.45%
PXD	B	1.12%
XOM	B	1.12%
ETSY	D	1.09%
PR	A	1.09%
ELV	A	1.07%
TWLO	C	1.06%
DOCU	A	1.06%
NUE	D	1.06%
COIN	B	1.05%
DUK	A	1.05%
UPS	D	1.05%
ISRG	C	1.04%
ALL	A	1.04%
D	A	1.04%
HCA	D	1.03%
J	C	1.03%
RCL	A	1.0%
CTRA	A	0.99%
CGNX	C	0.97%
DHI	D	0.97%
COHR	C	0.96%
OKTA	D	0.92%
IOT	B	0.9%
GDDY	A	0.9%
FITB	A	0.88%
NBIX	C	0.88%
KO	A	0.87%
BLDR	C	0.86%
SPG	C	0.86%
VEEV	D	0.84%
JNJ	F	0.83%
HES	A	0.78%
PNR	C	0.78%
AMP	D	0.77%
PWR	A	0.72%
TDG	A	0.65%
MGY	A	0.65%
A	C	0.65%
NDAQ	B	0.58%
HST	D	0.56%
ALLY	A	0.56%
UTHR	B	0.53%
IFF	A	0.53%
MLM	A	0.52%
APO	B	0.51%
BJ	A	0.5%
TSCO	A	0.47%
MKL	D	0.47%
WTW	D	0.45%
CELH	C	0.42%
TPR	D	0.41%
AZEK	C	0.41%
STLD	D	0.39%
RL	C	0.34%
DOCS	F	0.34%
MTDR	A	0.33%
DVA	B	0.33%
NVST	D	0.32%
BR	D	0.32%
CNX	A	0.32%
EQH	A	0.3%
THC	D	0.3%
PATH	D	0.3%
XYL	A	0.29%
MUR	A	0.25%
XPO	D	0.24%
OLN	C	0.24%
HRB	D	0.23%
PEN	F	0.23%
TOL	B	0.23%
TXT	B	0.23%
WRK	B	0.21%
TRMB	C	0.2%
EHC	A	0.2%
NDSN	D	0.2%
SMAR	D	0.18%
SWX	A	0.17%
VRT	A	0.17%
ASH	A	0.17%
ALNY	F	0.16%
GGG	D	0.16%
SLAB	D	0.15%
MANH	F	0.14%
CIVI	A	0.14%
MORN	D	0.13%
MTG	B	0.13%
ATI	A	0.13%
ZWS	D	0.12%
CHH	D	0.12%
SCCO	A	0.12%
NOG	A	0.11%
SSB	D	0.11%
HAE	A	0.11%
TRGP	A	0.11%
DCI	A	0.1%
APLS	D	0.1%
DUOL	B	0.1%
LANC	D	0.09%
LNW	C	0.08%
CWST	D	0.08%
ENSG	D	0.07%
FN	C	0.05%

AIEQ Underweight 36 Positions Relative to QTEC

Symbol	Grade	Weight
MU	A	-3.08%
DDOG	B	-2.67%
PDD	B	-2.64%
PANW	B	-2.63%
ANSS	C	-2.61%
AVGO	B	-2.61%
ROP	D	-2.59%
INTU	C	-2.57%
DASH	B	-2.57%
CDW	C	-2.55%
AAPL	F	-2.53%
MSFT	D	-2.53%
MDB	C	-2.52%
AMAT	B	-2.51%
LRCX	C	-2.51%
ADI	A	-2.51%
FTNT	D	-2.51%
CDNS	D	-2.51%
ADBE	D	-2.5%
WDAY	F	-2.49%
TXN	B	-2.49%
MRVL	C	-2.48%
MCHP	A	-2.48%
SNPS	C	-2.47%
ASML	C	-2.44%
NXPI	B	-2.42%
CRWD	C	-2.41%
CTSH	D	-2.38%
GFS	D	-2.35%
ZS	D	-2.32%
ADSK	F	-2.25%
ON	D	-2.13%
INTC	F	-2.12%
AMD	C	-2.05%
GOOGL	A	-1.46%
GOOG	A	-1.46%