BTAL vs. FTQI ETF Comparison

Comparison of QuantShares U.S. Market Neutral Anti Beta Fund ETF (BTAL) to First Trust Low Beta Income ETF (FTQI)

BTAL

QuantShares U.S. Market Neutral Anti Beta Fund ETF

BTAL Description

The investment seeks performance results that correspond to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Thematic Market Neutral Anti-Beta Index. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in common stock, including the short positions, in the Target Anti-Beta Index. The Target Anti-Beta Index is a market neutral index that is dollar-neutral. As such, it identifies long and short securities positions of approximately equal dollar amounts. In choosing to track a market neutral index, the fund seeks to limit the effects of general market movements on the fund.

Grade (RS Rating)

Last Trade

$18.81

Average Daily Volume

315,953

Number of Holdings ^*

390

* 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

$20.53

Average Daily Volume

125,184

Number of Holdings ^*

174

* may have additional holdings in another (foreign) market

Performance

Period	BTAL	FTQI
30 Days	-1.05%	3.98%
60 Days	1.62%	2.22%
90 Days	4.04%	4.56%
12 Months	-6.88%	18.87%

46 Overlapping Holdings

Symbol	Grade	Weight in BTAL	Weight in FTQI	Overlap
ABBV	D	0.37%	0.17%	0.17%
ACGL	B	0.47%	0.05%	0.05%
AXON	D	-0.44%	0.13%	-0.44%
CASY	B	0.46%	0.38%	0.38%
CDW	D	0.37%	0.14%	0.14%
CELH	C	-0.52%	0.14%	-0.52%
CHX	D	-0.45%	0.37%	-0.45%
CME	D	0.39%	0.42%	0.39%
COIN	D	-0.42%	0.18%	-0.42%
CSCO	D	0.41%	1.4%	0.41%
DASH	D	-0.4%	0.16%	-0.4%
DG	D	0.43%	0.1%	0.1%
DUOL	F	-0.41%	0.4%	-0.41%
EL	F	-0.37%	0.16%	-0.37%
ERIE	D	0.47%	0.24%	0.24%
FIVE	F	0.29%	0.13%	0.13%
GE	C	0.44%	0.13%	0.13%
GEV	C	0.1%	0.03%	0.03%
ICUI	D	-0.41%	0.11%	-0.41%
INTC	F	-0.28%	0.84%	-0.28%
LANC	D	0.41%	0.11%	0.11%
LIN	D	0.41%	0.39%	0.39%
LLY	B	0.4%	1.07%	0.4%
MDB	D	-0.33%	0.39%	-0.33%
MPWR	B	-0.37%	0.27%	-0.37%
MSFT	B	0.43%	8.45%	0.43%
MSI	A	0.46%	0.17%	0.17%
NBIX	B	0.42%	0.22%	0.22%
NTAP	B	0.51%	0.81%	0.51%
PGR	C	0.47%	0.12%	0.12%
PNFP	C	-0.41%	0.2%	-0.41%
PTC	C	0.41%	0.49%	0.41%
RGEN	D	-0.35%	0.1%	-0.35%
SAIA	F	-0.3%	0.29%	-0.3%
SFM	B	0.52%	0.08%	0.08%
TGT	D	-0.44%	0.12%	-0.44%
TMUS	C	0.41%	1.36%	0.41%
TROW	C	-0.42%	0.11%	-0.42%
TSCO	B	0.45%	0.29%	0.29%
TSLA	D	-0.35%	1.93%	-0.35%
ULTA	F	0.29%	0.18%	0.18%
VEEV	D	-0.38%	0.13%	-0.38%
VRSN	F	0.38%	0.05%	0.05%
WM	D	0.42%	0.12%	0.12%
WTW	D	0.38%	0.14%	0.14%
ZBRA	A	-0.46%	0.34%	-0.46%

BTAL Overweight 344 Positions Relative to FTQI

Symbol	Grade	Weight
VST	B	0.79%
TPL	C	0.59%
EME	A	0.56%
FMC	C	0.54%
MKL	B	0.52%
SNX	A	0.5%
MDU	B	0.5%
RGA	A	0.5%
FTI	B	0.5%
CLH	B	0.49%
RTX	B	0.49%
SO	B	0.49%
KR	D	0.49%
CACI	B	0.49%
CW	B	0.49%
RDN	C	0.48%
WEC	C	0.47%
GD	B	0.47%
FANG	C	0.47%
AVT	B	0.47%
KBR	C	0.47%
LOPE	C	0.47%
CHRW	C	0.47%
EQR	B	0.47%
FOXA	C	0.47%
MCK	B	0.47%
HUBB	C	0.47%
XOM	B	0.47%
AEP	B	0.47%
ED	B	0.47%
EDR	A	0.47%
AMCR	B	0.47%
DCI	B	0.47%
DKS	D	0.47%
RYAN	B	0.47%
AXS	B	0.47%
DUK	A	0.47%
AVB	B	0.47%
TXRH	B	0.46%
MUSA	A	0.46%
PNW	C	0.46%
TGNA	C	0.46%
FLO	C	0.46%
KMI	A	0.46%
SLGN	C	0.45%
NOC	C	0.45%
HIG	B	0.45%
ROL	B	0.45%
DGX	B	0.45%
BJ	B	0.45%
UNM	B	0.45%
ORI	B	0.45%
HEI	B	0.45%
DECK	C	0.45%
CVX	C	0.45%
GIS	C	0.45%
ELV	B	0.45%
ALL	D	0.45%
CPB	C	0.45%
HRB	B	0.45%
AMGN	B	0.45%
ATR	C	0.44%
HLT	D	0.44%
GLW	A	0.44%
MSA	B	0.44%
CI	D	0.44%
O	C	0.44%
GPC	C	0.44%
OXY	D	0.44%
GPK	C	0.44%
WPC	C	0.44%
ADC	C	0.44%
EG	D	0.44%
SNA	D	0.44%
LMT	B	0.44%
RNR	D	0.43%
TXT	D	0.43%
ORLY	D	0.43%
CB	B	0.43%
PFE	D	0.43%
BRO	A	0.43%
CHH	F	0.43%
HPQ	C	0.43%
DLR	C	0.43%
UNH	C	0.43%
T	B	0.43%
MMC	B	0.43%
PKG	C	0.43%
MPC	D	0.43%
L	C	0.43%
CTVA	C	0.43%
SBRA	C	0.43%
WEN	D	0.43%
VRSK	B	0.42%
RSG	D	0.42%
KHC	D	0.42%
YUM	C	0.42%
FCN	B	0.42%
RLI	C	0.42%
CHE	F	0.42%
LPLA	C	0.42%
MRK	B	0.42%
VZ	C	0.42%
PAG	C	0.42%
DLB	C	0.42%
HON	B	0.42%
PNM	D	0.42%
AIZ	D	0.41%
OHI	C	0.41%
DBX	D	0.41%
CACC	D	0.41%
THG	C	0.41%
TRV	D	0.41%
GLPI	C	0.41%
TJX	B	0.41%
VICI	C	0.41%
BWXT	D	0.41%
SAIC	C	0.4%
COLD	D	0.4%
AON	F	0.4%
CNC	B	0.4%
OLLI	D	0.4%
PAYC	F	0.4%
PCAR	D	0.4%
SRPT	C	0.4%
SIGI	F	0.4%
GWRE	A	0.4%
FOXF	D	0.4%
IBM	D	0.39%
LSCC	F	0.39%
WH	F	0.39%
HUM	D	0.39%
WTM	D	0.39%
JNPR	D	0.39%
HQY	D	0.39%
MSM	D	0.39%
JNJ	D	0.39%
WRB	D	0.39%
J	D	0.39%
ELS	D	0.39%
XEL	D	0.39%
ON	D	0.38%
FFIV	D	0.38%
CBOE	D	0.38%
CF	F	0.38%
DOX	F	0.38%
ROP	D	0.38%
CIEN	C	0.37%
CFLT	D	0.37%
TDY	D	0.37%
MOH	F	0.37%
BMY	F	0.37%
EA	F	0.37%
GILD	F	0.37%
MCD	D	0.37%
CSX	D	0.37%
DRI	F	0.36%
KNX	F	0.36%
AGL	D	0.35%
CTSH	F	0.35%
FTNT	F	0.35%
NEU	D	0.35%
TNET	F	0.34%
CMG	C	0.34%
X	D	0.33%
ALKS	F	0.33%
AZO	D	0.31%
GL	F	0.28%
DV	F	-0.18%
SHLS	F	-0.19%
TXG	F	-0.23%
CRSP	F	-0.25%
U	F	-0.27%
BRZE	F	-0.29%
ZS	F	-0.29%
CLVT	F	-0.29%
NET	F	-0.3%
SEDG	F	-0.3%
ARWR	F	-0.3%
RBLX	F	-0.31%
OPEN	F	-0.31%
ZI	F	-0.31%
Z	F	-0.32%
UAA	F	-0.32%
SOFI	F	-0.33%
TDOC	F	-0.33%
PATH	D	-0.33%
FIVN	F	-0.34%
ELF	D	-0.34%
EXPE	F	-0.34%
DOCS	F	-0.34%
ALIT	F	-0.34%
PLD	F	-0.34%
WBA	F	-0.34%
ILMN	F	-0.34%
SAM	F	-0.34%
THO	F	-0.35%
CLF	F	-0.35%
UBER	D	-0.35%
DAY	F	-0.35%
ODFL	F	-0.35%
COTY	F	-0.35%
AFRM	D	-0.35%
PVH	D	-0.35%
FCNCA	C	-0.36%
NTLA	D	-0.36%
CZR	F	-0.36%
TFX	D	-0.36%
LITE	D	-0.36%
PLTR	D	-0.36%
ETSY	F	-0.36%
ENPH	D	-0.37%
IDXX	C	-0.37%
DXC	F	-0.37%
ROKU	D	-0.37%
ALGN	F	-0.37%
SSD	D	-0.37%
FOUR	D	-0.37%
BLDR	D	-0.37%
RYN	F	-0.37%
RIVN	F	-0.38%
CRL	D	-0.38%
CHWY	F	-0.38%
EXAS	F	-0.38%
EFX	C	-0.38%
PTON	D	-0.38%
CACC	D	-0.38%
COHR	D	-0.38%
HUBS	D	-0.38%
TREX	D	-0.38%
SITE	D	-0.39%
VNO	D	-0.39%
BXP	C	-0.39%
IQV	D	-0.39%
CTLT	D	-0.39%
SMAR	D	-0.39%
VLY	D	-0.39%
INSP	F	-0.39%
WOLF	F	-0.39%
MGM	F	-0.4%
WBS	D	-0.4%
BX	B	-0.4%
CCL	F	-0.4%
ABNB	D	-0.4%
PENN	F	-0.4%
TPG	D	-0.4%
CG	D	-0.4%
SQ	D	-0.4%
KRC	D	-0.4%
XPO	D	-0.4%
NCLH	F	-0.41%
GXO	D	-0.41%
CC	C	-0.41%
SLB	F	-0.41%
FYBR	B	-0.41%
APO	B	-0.41%
MRVL	D	-0.41%
RUN	D	-0.41%
SWK	D	-0.42%
TRU	B	-0.42%
CBRE	C	-0.42%
PYPL	D	-0.43%
HAL	F	-0.43%
ALB	D	-0.43%
JHG	A	-0.43%
BLD	C	-0.43%
WMS	B	-0.43%
UGI	C	-0.43%
FND	C	-0.43%
JLL	A	-0.43%
CUZ	B	-0.43%
APG	D	-0.43%
SEE	C	-0.43%
ELAN	B	-0.43%
HOOD	C	-0.43%
TWLO	D	-0.43%
OWL	C	-0.43%
CE	D	-0.43%
MHK	C	-0.43%
NWE	C	-0.44%
OVV	D	-0.44%
KKR	A	-0.44%
LYFT	D	-0.44%
CSGP	D	-0.44%
DKNG	C	-0.44%
URI	B	-0.44%
TTD	B	-0.44%
AMKR	C	-0.44%
SNV	B	-0.44%
USFD	B	-0.44%
BKH	C	-0.45%
WAL	C	-0.45%
PNR	B	-0.45%
NVCR	C	-0.45%
KEY	B	-0.45%
LAMR	A	-0.45%
OMF	C	-0.45%
MP	C	-0.45%
EXP	B	-0.45%
ALLY	B	-0.45%
CMA	B	-0.45%
MIDD	F	-0.45%
LNC	C	-0.45%
ITT	A	-0.45%
DAR	D	-0.45%
ARE	C	-0.45%
JEF	A	-0.46%
CAR	D	-0.46%
DOCU	C	-0.46%
NOV	F	-0.46%
PINS	B	-0.46%
RH	C	-0.46%
GH	C	-0.46%
AVA	C	-0.47%
ZION	B	-0.47%
AWK	C	-0.47%
RNG	C	-0.47%
D	B	-0.47%
OZK	C	-0.47%
PARA	D	-0.48%
SMG	D	-0.48%
GTLS	C	-0.49%
IOT	B	-0.49%
CFG	B	-0.49%
OC	B	-0.5%
RIG	D	-0.5%
WCC	B	-0.5%
CWEN	C	-0.51%
LPX	A	-0.51%
GNRC	C	-0.52%
DAL	B	-0.52%
ETRN	B	-0.52%
MRNA	C	-0.52%
AES	B	-0.53%
HCP	C	-0.54%
FCX	B	-0.56%
W	C	-0.56%
NTRA	B	-0.58%
AA	B	-0.6%
SNAP	C	-0.61%
APP	C	-0.61%
MSTR	D	-0.62%
NRG	B	-0.65%
CVNA	C	-0.69%

BTAL Underweight 128 Positions Relative to FTQI

Symbol	Grade	Weight
AAPL	B	-7.92%
NVDA	B	-4.7%
AMZN	C	-4.29%
AVGO	A	-4.01%
META	D	-3.82%
COST	A	-2.67%
GOOG	B	-2.4%
GOOGL	B	-2.39%
NFLX	C	-1.88%
AMD	D	-1.82%
PEP	B	-1.75%
AMAT	A	-1.71%
TXN	A	-1.59%
ADBE	F	-1.55%
QCOM	B	-1.5%
INTU	C	-1.23%
ARM	F	-1.22%
CMCSA	F	-1.11%
EQIX	D	-1.03%
AKAM	F	-0.97%
ACN	F	-0.76%
CHKP	D	-0.71%
OTTR	C	-0.63%
APH	A	-0.57%
SPGI	C	-0.55%
CRM	D	-0.53%
ORCL	C	-0.51%
WFRD	B	-0.49%
UFPI	B	-0.49%
ICLR	C	-0.47%
NTES	F	-0.47%
MGEE	C	-0.46%
LNT	B	-0.43%
A	A	-0.41%
MEDP	C	-0.36%
STX	B	-0.35%
BGC	B	-0.35%
TYL	B	-0.34%
NOW	C	-0.33%
SNY	C	-0.32%
PAGP	C	-0.31%
WMT	D	-0.3%
TRMD	B	-0.3%
WWD	B	-0.29%
AMT	D	-0.28%
QLYS	F	-0.27%
RPRX	F	-0.27%
JBHT	F	-0.26%
BCPC	B	-0.26%
MORN	D	-0.25%
APA	F	-0.24%
SWKS	F	-0.23%
IESC	C	-0.23%
EVRG	C	-0.23%
V	C	-0.23%
CL	B	-0.22%
LECO	D	-0.22%
MKSI	C	-0.22%
EWBC	B	-0.22%
ANET	A	-0.22%
PTEN	F	-0.21%
EW	C	-0.2%
SLAB	D	-0.2%
NDSN	B	-0.2%
WDFC	D	-0.2%
KEYS	C	-0.19%
STRL	A	-0.19%
CYBR	D	-0.19%
SWAV	A	-0.18%
UMBF	B	-0.18%
TTWO	D	-0.18%
NOVT	C	-0.18%
BSY	B	-0.17%
SEIC	D	-0.16%
ITRI	B	-0.16%
MANH	D	-0.16%
TECH	C	-0.15%
BRKR	D	-0.15%
SCHW	A	-0.14%
TTEK	B	-0.14%
ETN	A	-0.14%
RMD	B	-0.13%
AXP	B	-0.13%
CAT	C	-0.13%
AAON	D	-0.12%
LOGI	C	-0.12%
MTD	A	-0.12%
RGLD	A	-0.12%
WAT	B	-0.12%
VMC	B	-0.12%
MASI	D	-0.12%
LOW	D	-0.11%
ARGX	F	-0.11%
CHK	B	-0.11%
SHOO	C	-0.11%
PH	B	-0.11%
HOLX	D	-0.1%
RNW	C	-0.1%
UFPT	B	-0.1%
POOL	D	-0.1%
ACDC	D	-0.1%
STLD	D	-0.09%
IOSP	B	-0.09%
XP	F	-0.09%
BPMC	C	-0.09%
ENSG	D	-0.09%
CRVL	A	-0.08%
JKHY	D	-0.08%
REYN	B	-0.07%
ROCK	D	-0.07%
LSTR	C	-0.07%
CSWI	B	-0.06%
MMYT	A	-0.06%
RXST	B	-0.06%
CVLT	A	-0.06%
ENTG	D	-0.06%
PCH	D	-0.06%
CVCO	B	-0.05%
IONS	F	-0.05%
EXEL	F	-0.05%
CMPR	D	-0.05%
FIZZ	D	-0.05%
CWCO	D	-0.05%
FELE	D	-0.05%
TW	B	-0.05%
LEGN	F	-0.05%
TRMB	D	-0.04%
NWSA	C	-0.04%