FTHI vs. QQA ETF Comparison

Comparison of First Trust High Income ETF (FTHI) to Invesco QQQ Income Advantage ETF (QQA)

FTHI

First Trust High Income ETF

FTHI Description

The investment seeks current income; capital appreciation is a secondary objective. The fund will pursue its objectives by investing in large cap equity securities listed on U.S. exchanges and by utilizing an "option strategy" consisting of writing (selling) U.S. exchange-traded covered call options on the Standard & Poor's 500(c) Index (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 write will be limited to U.S. exchange-traded securities and options. It is non-diversified.

Grade (RS Rating)

Last Trade

$23.68

Average Daily Volume

244,323

Number of Holdings ^*

165

* may have additional holdings in another (foreign) market

QQA

Invesco QQQ Income Advantage ETF

QQA Description

The fund seeks to achieve its investment objective by: (1) investing in a portfolio of U.S. equity securities designed to track the performance, before fees and expenses, of the NASDAQ-100 Index® or U.S.-listed exchange-traded funds (ETFs) that seek to track the performance of the index, or both, and (2) utilizing an options-based income strategy implemented through equity-linked notes (ELNs) with exposure to either the index or ETFs tracking the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$50.25

Average Daily Volume

11,155

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	FTHI	QQA
30 Days	2.96%	4.30%
60 Days	3.94%	5.68%
90 Days	5.68%	6.30%
12 Months	18.62%

30 Overlapping Holdings

Symbol	Grade	Weight in FTHI	Weight in QQA	Overlap
AAPL	C	5.63%	6.56%	5.63%
ADBE	C	0.44%	1.11%	0.44%
ADP	B	0.33%	0.6%	0.33%
AMAT	F	0.31%	0.69%	0.31%
AMD	F	0.45%	1.08%	0.45%
AMGN	D	0.31%	0.75%	0.31%
AMZN	C	3.92%	4.08%	3.92%
AVGO	D	1.65%	3.78%	1.65%
BKNG	A	0.36%	0.83%	0.36%
CCEP	C	0.98%	0.17%	0.17%
COST	B	0.83%	1.99%	0.83%
GILD	C	0.47%	0.54%	0.47%
GOOG	C	1.84%	1.86%	1.84%
GOOGL	C	2.17%	1.94%	1.94%
HON	B	0.31%	0.74%	0.31%
INTU	C	0.43%	0.95%	0.43%
ISRG	A	0.37%	0.93%	0.37%
LIN	D	0.41%	1.06%	0.41%
MDLZ	F	0.03%	0.43%	0.03%
META	D	2.55%	3.69%	2.55%
MSFT	F	6.53%	5.91%	5.91%
NFLX	A	0.72%	1.75%	0.72%
NVDA	C	6.56%	6.68%	6.56%
PAYX	C	0.21%	0.25%	0.21%
PEP	F	0.45%	1.08%	0.45%
QCOM	F	0.32%	0.88%	0.32%
TMUS	B	0.3%	1.36%	0.3%
TSLA	B	1.36%	2.98%	1.36%
TXN	C	0.36%	0.91%	0.36%
XEL	A	0.19%	0.19%	0.19%

FTHI Overweight 135 Positions Relative to QQA

Symbol	Grade	Weight
BRK.A	B	1.73%
BXMT	C	1.55%
SLG	B	1.44%
JPM	A	1.41%
LLY	F	1.18%
JXN	C	1.11%
UNH	C	1.08%
V	A	1.01%
XOM	B	1.0%
CRNX	C	0.99%
VST	B	0.97%
UL	D	0.94%
MO	A	0.9%
MA	C	0.88%
HD	A	0.88%
LADR	B	0.87%
PG	A	0.79%
BRBR	A	0.77%
CALM	A	0.76%
WMT	A	0.69%
CRM	B	0.65%
INGR	B	0.64%
PTVE	B	0.64%
ABBV	D	0.62%
IDA	A	0.59%
BAC	A	0.56%
ALSN	B	0.53%
ORCL	B	0.53%
CCI	D	0.53%
WFC	A	0.49%
MRK	F	0.49%
NVS	D	0.49%
EXP	A	0.48%
SLM	A	0.48%
BMY	B	0.48%
CVLT	B	0.48%
DTM	B	0.46%
KO	D	0.46%
IDCC	A	0.45%
TOL	B	0.45%
SFM	A	0.45%
DELL	C	0.45%
MDT	D	0.45%
INSM	C	0.44%
HLI	B	0.44%
EWBC	A	0.43%
UMBF	B	0.43%
MEDP	D	0.42%
ARES	A	0.42%
MMC	B	0.42%
NOW	A	0.42%
ITW	B	0.41%
PPC	C	0.41%
CAT	B	0.41%
DECK	A	0.41%
EHC	B	0.39%
AM	A	0.38%
TMO	F	0.38%
USFD	A	0.38%
PM	B	0.37%
CME	A	0.37%
IBM	C	0.36%
LANC	C	0.36%
SLVM	B	0.35%
FNF	B	0.35%
VZ	C	0.35%
KNSL	B	0.35%
GE	D	0.35%
T	A	0.35%
HESM	B	0.34%
FTI	A	0.34%
SPGI	C	0.33%
WSO	A	0.33%
GS	A	0.33%
RTX	C	0.33%
SCCO	F	0.33%
TJX	A	0.32%
MGEE	C	0.32%
BAH	F	0.31%
LOW	D	0.31%
DUK	C	0.31%
DHR	F	0.31%
VEEV	C	0.31%
KRC	C	0.31%
BKU	A	0.3%
LOPE	B	0.3%
PSA	D	0.3%
SBRA	C	0.3%
MATX	C	0.3%
AMT	D	0.29%
UNP	C	0.29%
GAP	C	0.27%
DHT	F	0.27%
IIPR	D	0.27%
GGG	B	0.27%
CVX	A	0.26%
LMT	D	0.26%
NVO	D	0.25%
ATR	B	0.25%
SBLK	F	0.24%
O	D	0.24%
NEE	D	0.24%
BLK	C	0.24%
COP	C	0.24%
CNA	B	0.23%
PFGC	B	0.22%
AMH	D	0.22%
STNG	F	0.22%
EQIX	A	0.21%
CVBF	A	0.2%
FLO	D	0.2%
SO	D	0.2%
OTTR	C	0.2%
MUSA	A	0.19%
GEV	B	0.17%
MSI	B	0.17%
NEU	C	0.17%
REYN	D	0.16%
KAR	B	0.15%
WEC	A	0.15%
EXR	D	0.14%
SFNC	B	0.14%
OGN	D	0.13%
BX	A	0.13%
NHI	D	0.12%
TGT	F	0.11%
PFE	D	0.1%
D	C	0.08%
BDX	F	0.07%
AJG	B	0.05%
SPG	B	0.05%
SYK	C	0.05%
CL	D	0.05%
GIS	D	0.03%
ELV	F	0.03%

FTHI Underweight 71 Positions Relative to QQA

Symbol	Grade	Weight
CSCO	B	-1.15%
CMCSA	B	-0.82%
PANW	C	-0.62%
VRTX	F	-0.6%
SBUX	A	-0.55%
MU	D	-0.53%
ADI	D	-0.51%
INTC	D	-0.51%
MELI	D	-0.47%
LRCX	F	-0.45%
CTAS	B	-0.43%
PYPL	B	-0.43%
KLAC	D	-0.41%
SNPS	B	-0.4%
REGN	F	-0.4%
MAR	B	-0.39%
CDNS	B	-0.39%
PDD	F	-0.38%
MRVL	B	-0.38%
CRWD	B	-0.38%
FTNT	C	-0.36%
CEG	D	-0.35%
ORLY	B	-0.35%
CSX	B	-0.34%
ADSK	A	-0.32%
DASH	A	-0.32%
ASML	F	-0.31%
ABNB	C	-0.29%
ROP	B	-0.29%
PCAR	B	-0.29%
CHTR	C	-0.28%
CPRT	A	-0.27%
WDAY	B	-0.27%
NXPI	D	-0.27%
FANG	D	-0.26%
TTD	B	-0.26%
AEP	D	-0.25%
MNST	C	-0.25%
FAST	B	-0.23%
ODFL	B	-0.23%
ROST	C	-0.23%
EA	A	-0.21%
BKR	B	-0.21%
KDP	D	-0.21%
VRSK	A	-0.2%
LULU	C	-0.19%
KHC	F	-0.19%
CTSH	B	-0.19%
DDOG	A	-0.19%
EXC	C	-0.19%
TEAM	A	-0.19%
AZN	D	-0.18%
GEHC	F	-0.18%
IDXX	F	-0.17%
MCHP	D	-0.16%
ZS	C	-0.15%
DXCM	D	-0.15%
TTWO	A	-0.15%
ON	D	-0.14%
CSGP	D	-0.14%
ANSS	B	-0.14%
CDW	F	-0.12%
ILMN	D	-0.11%
WBD	C	-0.11%
GFS	C	-0.11%
BIIB	F	-0.11%
MDB	C	-0.1%
ARM	D	-0.08%
MRNA	F	-0.07%
DLTR	F	-0.07%
SMCI	F	-0.05%