FTHI vs. TEQI ETF Comparison

Comparison of First Trust High Income ETF (FTHI) to T. Rowe Price Equity Income ETF (TEQI)

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

TEQI

T. Rowe Price Equity Income ETF

TEQI Description

The investment seeks a high level of dividend income and long-term capital growth. The fund will normally invest at least 80% of its assets in common stocks listed in the United States, with an emphasis on large-capitalization stocks that have a strong track record of paying dividends or that are believed to be undervalued (or futures that have similar economic characteristics). It typically employs a value approach in selecting investments. The fund's in-house research team seeks companies that appear to be undervalued by various measures and may be temporarily out of favor but have good prospects for capital appreciation and dividend growth.

Grade (RS Rating)

Last Trade

$43.23

Average Daily Volume

26,680

Number of Holdings ^*

112

* may have additional holdings in another (foreign) market

Performance

Period	FTHI	TEQI
30 Days	2.96%	3.09%
60 Days	3.94%	4.07%
90 Days	5.68%	5.51%
12 Months	18.62%	27.01%

37 Overlapping Holdings

Symbol	Grade	Weight in FTHI	Weight in TEQI	Overlap
ABBV	D	0.62%	0.27%	0.27%
AMAT	F	0.31%	1.13%	0.31%
AMD	F	0.45%	0.15%	0.15%
BAC	A	0.56%	0.58%	0.56%
BDX	F	0.07%	1.72%	0.07%
BMY	B	0.48%	0.59%	0.48%
CL	D	0.05%	0.75%	0.05%
COP	C	0.24%	0.35%	0.24%
CRM	B	0.65%	0.22%	0.22%
CVX	A	0.26%	0.18%	0.18%
D	C	0.08%	1.17%	0.08%
ELV	F	0.03%	2.3%	0.03%
GE	D	0.35%	2.05%	0.35%
GEV	B	0.17%	0.59%	0.17%
GS	A	0.33%	0.04%	0.04%
HD	A	0.88%	0.12%	0.12%
HON	B	0.31%	0.33%	0.31%
JPM	A	1.41%	1.41%	1.41%
MDLZ	F	0.03%	0.1%	0.03%
MDT	D	0.45%	0.98%	0.45%
MRK	F	0.49%	0.34%	0.34%
MSFT	F	6.53%	1.48%	1.48%
NEE	D	0.24%	0.9%	0.24%
PFE	D	0.1%	0.48%	0.1%
PM	B	0.37%	1.75%	0.37%
QCOM	F	0.32%	1.96%	0.32%
SO	D	0.2%	2.29%	0.2%
T	A	0.35%	0.14%	0.14%
TJX	A	0.32%	0.34%	0.32%
TMO	F	0.38%	0.37%	0.37%
TXN	C	0.36%	0.97%	0.36%
UNH	C	1.08%	1.57%	1.08%
UNP	C	0.29%	0.19%	0.19%
VZ	C	0.35%	0.35%	0.35%
WFC	A	0.49%	2.02%	0.49%
WMT	A	0.69%	1.23%	0.69%
XOM	B	1.0%	1.61%	1.0%

FTHI Overweight 128 Positions Relative to TEQI

Symbol	Grade	Weight
NVDA	C	6.56%
AAPL	C	5.63%
AMZN	C	3.92%
META	D	2.55%
GOOGL	C	2.17%
GOOG	C	1.84%
BRK.A	B	1.73%
AVGO	D	1.65%
BXMT	C	1.55%
SLG	B	1.44%
TSLA	B	1.36%
LLY	F	1.18%
JXN	C	1.11%
V	A	1.01%
CRNX	C	0.99%
CCEP	C	0.98%
VST	B	0.97%
UL	D	0.94%
MO	A	0.9%
MA	C	0.88%
LADR	B	0.87%
COST	B	0.83%
PG	A	0.79%
BRBR	A	0.77%
CALM	A	0.76%
NFLX	A	0.72%
INGR	B	0.64%
PTVE	B	0.64%
IDA	A	0.59%
ALSN	B	0.53%
ORCL	B	0.53%
CCI	D	0.53%
NVS	D	0.49%
EXP	A	0.48%
SLM	A	0.48%
CVLT	B	0.48%
GILD	C	0.47%
DTM	B	0.46%
KO	D	0.46%
IDCC	A	0.45%
PEP	F	0.45%
TOL	B	0.45%
SFM	A	0.45%
DELL	C	0.45%
INSM	C	0.44%
HLI	B	0.44%
ADBE	C	0.44%
EWBC	A	0.43%
INTU	C	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%
LIN	D	0.41%
PPC	C	0.41%
CAT	B	0.41%
DECK	A	0.41%
EHC	B	0.39%
AM	A	0.38%
USFD	A	0.38%
CME	A	0.37%
ISRG	A	0.37%
IBM	C	0.36%
BKNG	A	0.36%
LANC	C	0.36%
SLVM	B	0.35%
FNF	B	0.35%
KNSL	B	0.35%
HESM	B	0.34%
FTI	A	0.34%
SPGI	C	0.33%
WSO	A	0.33%
RTX	C	0.33%
ADP	B	0.33%
SCCO	F	0.33%
MGEE	C	0.32%
BAH	F	0.31%
LOW	D	0.31%
AMGN	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%
TMUS	B	0.3%
SBRA	C	0.3%
MATX	C	0.3%
AMT	D	0.29%
GAP	C	0.27%
DHT	F	0.27%
IIPR	D	0.27%
GGG	B	0.27%
LMT	D	0.26%
NVO	D	0.25%
ATR	B	0.25%
SBLK	F	0.24%
O	D	0.24%
BLK	C	0.24%
CNA	B	0.23%
PFGC	B	0.22%
AMH	D	0.22%
STNG	F	0.22%
EQIX	A	0.21%
PAYX	C	0.21%
CVBF	A	0.2%
FLO	D	0.2%
OTTR	C	0.2%
MUSA	A	0.19%
XEL	A	0.19%
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%
AJG	B	0.05%
SPG	B	0.05%
SYK	C	0.05%
GIS	D	0.03%

FTHI Underweight 75 Positions Relative to TEQI

Symbol	Grade	Weight
CB	C	-2.08%
MET	A	-2.06%
TTE	F	-1.99%
AIG	B	-1.85%
LHX	C	-1.81%
CF	B	-1.72%
KVUE	A	-1.68%
KMB	D	-1.63%
SWK	D	-1.62%
NWSA	B	-1.57%
WY	D	-1.54%
SCHW	B	-1.49%
EQR	B	-1.49%
ZBH	C	-1.47%
IP	B	-1.47%
HIG	B	-1.43%
EQH	B	-1.39%
C	A	-1.34%
HBAN	A	-1.22%
JNJ	D	-1.17%
CI	F	-1.13%
FI	A	-1.13%
LVS	C	-1.12%
CVS	D	-1.09%
AEE	A	-1.04%
DIS	B	-1.03%
UPS	C	-1.03%
L	A	-1.01%
USB	A	-0.99%
BA	F	-0.92%
FITB	A	-0.92%
AZN	D	-0.88%
NXPI	D	-0.87%
CAG	D	-0.87%
LUV	C	-0.84%
TSN	B	-0.83%
SNY	F	-0.83%
ACN	C	-0.8%
SRE	A	-0.77%
RYN	D	-0.76%
VTRS	A	-0.7%
CMI	A	-0.63%
CMCSA	B	-0.62%
EQT	B	-0.61%
EOG	A	-0.58%
NSC	B	-0.57%
WMB	A	-0.56%
REXR	F	-0.54%
MAT	D	-0.48%
CSX	B	-0.46%
GM	B	-0.41%
MRO	B	-0.4%
MMM	D	-0.34%
INTC	D	-0.34%
KSS	F	-0.33%
MS	A	-0.33%
SRCL	C	-0.32%
BKR	B	-0.31%
DG	F	-0.3%
GEHC	F	-0.29%
APO	B	-0.28%
CSCO	B	-0.28%
BIIB	F	-0.27%
NI	A	-0.25%
HES	B	-0.23%
SLB	C	-0.18%
CNC	D	-0.17%
PCG	A	-0.16%
HUM	C	-0.16%
ROK	B	-0.15%
CAH	B	-0.15%
BK	A	-0.15%
ATO	A	-0.1%
NWS	B	-0.08%
VNO	B	-0.07%