ARVR vs. FWD ETF Comparison

Comparison of First Trust Indxx Metaverse ETF (ARVR) to AB Disruptors ETF (FWD)

ARVR

First Trust Indxx Metaverse ETF

ARVR Description

The investment seeks to provide investment results that, before fees and expenses, track the price return performance of the EQM Tactile AR/VR Virtual Technology Index. The fund will normally invest at least 80% of its total assets in securities of the index. The index is designed to track the performance of companies that are expected to benefit from the increased adoption of augmented reality ("AR") and virtual reality ("VR") technologies. The fund will concentrate its investments in a particular industry or group of industries to approximately the same extent that the index concentrates in an industry or group of industries. It is non-diversified.

Grade (RS Rating)

Last Trade

$37.52

Average Daily Volume

1,929

Number of Holdings ^*

23

* may have additional holdings in another (foreign) market

FWD

AB Disruptors ETF

FWD Description

FWD seeks capital growth by actively investing in companies globally, believed to be at the forefront of innovative growth trends. The funds adviser considers such companies as market disrupters. Many may utilize technology to enhance or create new demand for their product or service. The selection process combines a top-down evaluation of macroeconomic growth trends with fundamental, bottom-up analysis of individual companies. Factors such as current and projected profitability, pricing power, competitiveness, technological superiority, and management robustness of a company are considered. Targeted themes may include cloud infrastructure & AI, energy transition, transportation & logistics, medical innovation, digital transactions & media, and industrial innovation. The resulting portfolio of 80-120 stocks is considered non-diversified and may heavily focus on industries within the Information Technology sector.

Grade (RS Rating)

Last Trade

$78.31

Average Daily Volume

19,599

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

Performance

Period	ARVR	FWD
30 Days	1.93%	1.83%
60 Days	6.04%	7.41%
90 Days	0.02%	1.33%
12 Months	29.99%	45.89%

5 Overlapping Holdings

	Symbol	Grade	Weight in ARVR	Weight in FWD	Overlap
	AAPL	B	3.19%	3.05%	3.05%
	AMD	C	2.74%	1.48%	1.48%
	META	B	3.47%	2.41%	2.41%
	NVDA	C	2.94%	4.66%	2.94%
	TXN	B	3.3%	1.55%	1.55%

ARVR Overweight 18 Positions Relative to FWD

	Symbol	Grade	Weight
	RBLX	C	3.82%
	ZM	C	3.76%
	NFLX	B	3.43%
	TTWO	C	3.22%
	EA	D	3.08%
	MSFT	C	3.06%
	TSM	C	3.04%
	SONY	C	3.02%
	ADBE	F	3.0%
	APH	C	2.98%
	QCOM	D	2.76%
	MCHP	D	2.72%
	SNPS	F	2.69%
	MU	D	2.18%
	INTC	D	2.0%
	SNAP	D	1.95%
	U	D	1.53%
	TDOC	D	1.22%

ARVR Underweight 3 Positions Relative to FWD

	Symbol	Grade	Weight
	ANET	B	-1.75%
	BSX	B	-1.56%
	ISRG	B	-1.54%

ARVR: Top Represented Industries & Keywords

Industries: Semiconductors Software - Application Consumer Electronics Electronic Gaming & Multimedia Internet Content & Information Electronic Components Electronic Gaming & Multimedia Health Information Services Media - Diversified Semiconductor Memory Software - Infrastructure Telecom Services

Keywords: Nasdaq 100 S&P 500 Computing Mobile Devices Semiconductor Consumer Electronics Integrated Circuits Design Manufacturers Mobile Phone Software Video Games Baseband Computer Architecture Dow Jones Component Electronics Flash Games IBD 50 Memory Products Power Management

FWD: Top Represented Industries & Keywords

Industries: Semiconductors Computer Systems Consumer Electronics Internet Content & Information Medical Devices Medical Instruments & Supplies

Keywords: S&P 500 Nasdaq 100 Computing Mobile Devices Artificial Intelligence Baseband Computer Architecture Consumer Electronics Deep Learning Design Manufacturers Endoscopy IBD 50 Medicine Operating System Robotics Semiconductor Smartphones System Builders 3 D Ablation