FTQI vs. ACWV ETF Comparison

Comparison of First Trust Low Beta Income ETF (FTQI) to iShares MSCI All Country World Minimum Volatility Index Fund (ACWV)

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

$20.48

Average Daily Volume

107,493

Number of Holdings ^*

194

* may have additional holdings in another (foreign) market

ACWV

iShares MSCI All Country World Minimum Volatility Index Fund

ACWV Description

The investment seeks to track the investment results of an index composed of developed and emerging market equities that, in the aggregate, have lower volatility characteristics relative to the broader developed and emerging equity markets. The fund generally invests at least 90% of its assets in securities of the underlying index or in depositary receipts representing securities in the underlying index. It seeks to track the underlying index, which has been developed by MSCI Inc. ("MSCI") to measure the combined performance of equity securities in both emerging and developed markets that in aggregate have lower volatility. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$114.16

Average Daily Volume

157,232

Number of Holdings ^*

138

* may have additional holdings in another (foreign) market

Performance

Period	FTQI	ACWV
30 Days	3.94%	0.72%
60 Days	9.15%	7.43%
90 Days	1.41%	8.44%
12 Months	21.05%	23.90%

30 Overlapping Holdings

Symbol	Grade	Weight in FTQI	Weight in ACWV	Overlap
ABBV	C	0.2%	0.55%	0.2%
ACGL	A	0.06%	0.64%	0.06%
ANET	A	0.3%	0.06%	0.06%
APH	D	0.54%	0.48%	0.48%
BMRN	F	0.23%	0.2%	0.2%
CHRW	C	0.18%	0.06%	0.06%
CL	D	0.22%	0.39%	0.22%
CME	A	0.94%	0.22%	0.22%
CSCO	A	1.44%	1.41%	1.41%
ERIE	A	0.29%	0.34%	0.29%
FCNCA	D	0.15%	0.19%	0.15%
FFIV	B	0.19%	0.32%	0.19%
HOLX	D	0.09%	0.05%	0.05%
INCY	B	0.16%	0.32%	0.16%
LLY	D	1.13%	0.57%	0.57%
MSFT	D	8.38%	0.75%	0.75%
MSI	A	0.2%	1.66%	0.2%
NBIX	F	0.22%	0.29%	0.22%
ORCL	A	0.69%	0.48%	0.48%
PEP	F	1.55%	1.09%	1.09%
PGR	B	0.14%	0.81%	0.14%
PTC	B	0.48%	0.2%	0.2%
TMUS	A	1.54%	1.72%	1.54%
ULTA	D	0.16%	0.17%	0.16%
UTHR	C	0.18%	0.37%	0.18%
V	B	0.21%	0.52%	0.21%
WM	B	0.1%	1.36%	0.1%
WMT	A	0.37%	1.69%	0.37%
WTW	C	0.15%	0.09%	0.09%
XOM	A	0.14%	0.1%	0.1%

FTQI Overweight 164 Positions Relative to ACWV

Symbol	Grade	Weight
AAPL	C	9.16%
NVDA	B	4.86%
AVGO	B	4.69%
META	A	4.45%
AMZN	C	4.34%
COST	C	2.64%
TSLA	C	2.43%
NFLX	A	2.08%
AMD	C	1.89%
GOOGL	B	1.77%
GOOG	B	1.76%
TXN	C	1.61%
ADBE	F	1.51%
LIN	C	1.29%
QCOM	D	1.25%
EQIX	C	1.24%
INTU	F	1.23%
NTAP	D	0.84%
CHKP	A	0.82%
SPGI	C	0.62%
OTTR	F	0.52%
UFPI	C	0.51%
MGEE	C	0.5%
CRM	B	0.49%
LNT	B	0.48%
STX	C	0.44%
DUOL	B	0.44%
ICLR	F	0.4%
NOW	B	0.4%
CASY	D	0.4%
TYL	D	0.39%
A	B	0.39%
ZBRA	B	0.36%
MPWR	B	0.35%
BGC	B	0.35%
SNY	C	0.34%
WFRD	F	0.34%
AMT	D	0.33%
NDAQ	C	0.33%
CG	B	0.32%
APA	F	0.31%
TRMD	D	0.3%
PAGP	B	0.3%
MEDP	F	0.3%
SBAC	C	0.3%
TSCO	A	0.29%
BCPC	C	0.29%
MORN	B	0.26%
WWD	C	0.25%
EVRG	C	0.25%
IESC	A	0.24%
OLED	B	0.23%
APP	A	0.23%
MTSI	B	0.22%
EWBC	B	0.22%
CYBR	C	0.22%
MANH	A	0.21%
PNFP	B	0.21%
PTEN	F	0.21%
PCVX	C	0.21%
VRNS	B	0.21%
LITE	A	0.2%
BNTX	B	0.2%
OLLI	C	0.2%
STRL	B	0.2%
MKSI	F	0.2%
UMBF	C	0.2%
COKE	C	0.2%
ICUI	B	0.19%
NOVT	C	0.19%
ASND	C	0.19%
DOX	B	0.18%
PODD	C	0.18%
EBAY	A	0.18%
HALO	D	0.18%
EXPE	B	0.18%
IDCC	A	0.18%
NTRA	A	0.17%
QRVO	F	0.17%
SAIA	D	0.17%
REG	C	0.17%
SSNC	C	0.17%
RVMD	B	0.17%
NTRS	B	0.16%
TWST	D	0.16%
TRMB	B	0.16%
XRAY	D	0.16%
EXAS	C	0.16%
AXON	A	0.16%
HOOD	B	0.16%
JBHT	D	0.15%
ITRI	C	0.15%
ENSG	D	0.15%
LECO	D	0.15%
TECH	D	0.15%
HBAN	B	0.15%
JAZZ	F	0.15%
ACLS	F	0.15%
CINF	A	0.15%
WIX	D	0.15%
ARGX	C	0.15%
VKTX	C	0.15%
LSTR	F	0.15%
FITB	C	0.15%
CAT	A	0.15%
TTEK	A	0.15%
SOFI	C	0.15%
BSY	D	0.15%
MUSA	D	0.15%
POOL	D	0.15%
CHDN	C	0.14%
RGLD	C	0.14%
ZION	D	0.14%
CYTK	D	0.14%
MTD	C	0.14%
ALNY	C	0.14%
AXP	A	0.14%
LNTH	C	0.14%
RMD	C	0.14%
AAON	A	0.14%
ACHC	F	0.14%
COIN	F	0.14%
RPRX	D	0.14%
UPST	C	0.14%
KRYS	D	0.13%
GH	F	0.13%
ETN	B	0.13%
WAT	B	0.13%
MASI	B	0.13%
VEEV	C	0.13%
SRPT	F	0.13%
MRUS	D	0.13%
MIDD	D	0.13%
UFPT	D	0.12%
LANC	F	0.12%
LEGN	F	0.12%
VMC	D	0.12%
MKTX	B	0.12%
LOW	C	0.12%
GE	B	0.12%
FRPT	A	0.12%
SHOO	A	0.12%
PH	A	0.12%
MDGL	F	0.12%
TMDX	D	0.12%
LOGI	D	0.11%
APLS	F	0.11%
TROW	D	0.1%
SFM	A	0.1%
DJT	F	0.1%
CRVL	C	0.09%
CVLT	B	0.08%
BL	D	0.08%
MMYT	B	0.08%
DOCU	A	0.07%
CSWI	A	0.06%
TW	A	0.05%
OKTA	F	0.05%
GEV	A	0.04%
CVCO	C	0.04%
NWSA	D	0.04%
RXST	F	0.02%
RGEN	F	0.02%
REYN	D	0.01%

FTQI Underweight 108 Positions Relative to ACWV

Symbol	Grade	Weight
ROP	D	-1.3%
MRK	F	-1.2%
RSG	D	-1.11%
MCK	F	-1.11%
JNJ	D	-1.09%
VRTX	D	-1.06%
MCD	A	-1.02%
COR	F	-0.95%
ED	C	-0.9%
MMC	D	-0.88%
CB	A	-0.87%
BRK.A	B	-0.87%
DUK	C	-0.83%
PG	D	-0.83%
SO	A	-0.82%
VZ	C	-0.81%
UNH	B	-0.8%
REGN	D	-0.8%
NOC	B	-0.79%
KR	C	-0.78%
AZO	D	-0.77%
IBM	A	-0.76%
GIS	C	-0.69%
WEC	B	-0.66%
ORLY	A	-0.56%
K	B	-0.55%
CBOE	B	-0.54%
EA	D	-0.54%
GDDY	B	-0.53%
ELV	F	-0.53%
HSY	D	-0.47%
CHD	D	-0.44%
GILD	A	-0.42%
KEYS	B	-0.41%
FI	A	-0.4%
MKL	B	-0.39%
KDP	C	-0.39%
L	C	-0.38%
WRB	C	-0.38%
CHT	C	-0.38%
BAH	C	-0.38%
AMGN	D	-0.37%
WCN	D	-0.37%
KHC	F	-0.36%
VRSN	C	-0.36%
HUM	F	-0.35%
TJX	D	-0.35%
JNPR	C	-0.32%
AON	A	-0.32%
KMB	D	-0.32%
AJG	C	-0.31%
AKAM	D	-0.3%
TSN	D	-0.29%
SJM	D	-0.29%
TRV	B	-0.28%
GEN	A	-0.27%
BRO	A	-0.27%
MDLZ	D	-0.27%
ACN	B	-0.25%
LMT	A	-0.25%
CF	A	-0.25%
T	B	-0.25%
CI	D	-0.25%
YUM	C	-0.24%
HRL	F	-0.24%
CPB	D	-0.24%
BDX	C	-0.23%
ROL	C	-0.21%
BMY	A	-0.21%
JKHY	A	-0.2%
CTSH	B	-0.2%
FWONK	D	-0.2%
DPZ	D	-0.19%
GD	C	-0.19%
CMS	A	-0.17%
MA	A	-0.17%
CAH	B	-0.16%
DGX	D	-0.15%
MPC	D	-0.15%
LNG	A	-0.13%
MOH	F	-0.13%
NEM	C	-0.12%
CTVA	A	-0.12%
WIT	C	-0.11%
MNST	D	-0.11%
AIZ	B	-0.11%
PCG	C	-0.1%
TDY	A	-0.1%
ABT	C	-0.1%
FICO	C	-0.1%
AZPN	A	-0.1%
AEE	A	-0.1%
XEL	C	-0.1%
EG	A	-0.1%
WDAY	D	-0.09%
TPL	A	-0.07%
IT	A	-0.07%
AEP	C	-0.07%
KO	C	-0.06%
TRGP	A	-0.06%
FANG	D	-0.06%
HSIC	D	-0.06%
DINO	F	-0.06%
ACI	F	-0.05%
GPC	D	-0.05%
KNX	D	-0.05%
CAG	D	-0.05%
HKD	C	-0.0%