FTQI vs. AIEQ ETF Comparison

Comparison of First Trust Low Beta Income ETF (FTQI) to AI Powered Equity ETF (AIEQ)

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

$20.87

Average Daily Volume

178,615

Number of Holdings ^*

195

* may have additional holdings in another (foreign) market

AIEQ

AI Powered Equity ETF

AIEQ Description

The investment seeks capital appreciation. The fund is actively managed and invests primarily in equity securities listed on a U.S. exchange based on the results of a proprietary, quantitative model (the EquBot Model) developed by EquBot LLC (EquBot) that runs on the IBM Watson? platform. EquBot, the fund's sub-adviser, is a technology based company focused on applying artificial intelligence (AI) based solutions to investment analyses. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$41.33

Average Daily Volume

7,303

Number of Holdings ^*

136

* may have additional holdings in another (foreign) market

Performance

Period	FTQI	AIEQ
30 Days	1.17%	7.36%
60 Days	2.84%	9.84%
90 Days	4.93%	10.93%
12 Months	17.52%	33.64%

21 Overlapping Holdings

Symbol	Grade	Weight in FTQI	Weight in AIEQ	Overlap
AMZN	C	4.39%	3.9%	3.9%
APA	D	0.03%	0.24%	0.03%
APH	A	0.58%	2.2%	0.58%
APP	B	0.52%	1.73%	0.52%
AVGO	D	4.07%	3.35%	3.35%
BSY	F	0.14%	0.19%	0.14%
FCNCA	A	0.18%	0.42%	0.18%
GOOGL	C	1.87%	3.4%	1.87%
HALO	F	0.14%	0.25%	0.14%
JAZZ	B	0.16%	0.14%	0.14%
LLY	F	0.9%	0.42%	0.42%
LNTH	D	0.01%	0.16%	0.01%
MTSI	B	0.23%	0.21%	0.21%
NBIX	C	0.21%	0.17%	0.17%
NVDA	B	5.22%	4.07%	4.07%
OKTA	C	0.02%	0.54%	0.02%
QRVO	F	0.03%	0.59%	0.03%
SFM	A	0.13%	0.39%	0.13%
TECH	F	0.13%	0.22%	0.13%
VKTX	F	0.12%	0.17%	0.12%
WFRD	D	0.31%	0.07%	0.07%

FTQI Overweight 174 Positions Relative to AIEQ

Symbol	Grade	Weight
AAPL	C	9.03%
MSFT	D	8.03%
META	D	4.15%
TSLA	B	3.05%
COST	A	2.64%
NFLX	A	2.4%
GOOG	C	1.87%
TMUS	B	1.78%
CSCO	B	1.56%
TXN	C	1.54%
AMD	F	1.45%
PEP	F	1.45%
INTU	B	1.32%
EQIX	A	1.25%
ADBE	C	1.22%
LIN	C	1.19%
QCOM	F	1.11%
CME	B	0.96%
NTAP	C	0.79%
ORCL	A	0.75%
CHKP	C	0.72%
SPGI	C	0.6%
CRM	B	0.58%
MGEE	B	0.58%
UFPI	C	0.51%
PTC	B	0.5%
LNT	A	0.49%
DUOL	A	0.48%
NOW	A	0.46%
CASY	A	0.43%
TYL	B	0.4%
WMT	A	0.39%
BGC	C	0.39%
STX	C	0.38%
ZBRA	B	0.37%
CG	B	0.37%
NDAQ	A	0.36%
A	D	0.34%
IESC	C	0.31%
ANET	C	0.29%
PAGP	A	0.29%
BCPC	B	0.29%
TSCO	D	0.28%
SBAC	D	0.28%
SNY	F	0.28%
MORN	B	0.28%
EWBC	A	0.28%
PNFP	B	0.27%
OTTR	C	0.27%
MEDP	D	0.27%
AMT	C	0.27%
EVRG	A	0.26%
SOFI	B	0.26%
WWD	C	0.25%
LITE	B	0.25%
AXON	A	0.25%
ICLR	D	0.25%
UMBF	B	0.24%
CYBR	A	0.24%
V	A	0.24%
UPST	B	0.24%
IDCC	B	0.24%
COIN	C	0.24%
STRL	A	0.24%
HOOD	B	0.23%
MSI	B	0.22%
ERIE	D	0.22%
RVMD	C	0.22%
PTEN	C	0.22%
EXPE	B	0.22%
COKE	C	0.2%
PODD	C	0.2%
NTRA	A	0.2%
MANH	D	0.2%
DJT	C	0.2%
MPWR	F	0.2%
FFIV	B	0.2%
SAIA	B	0.2%
INCY	C	0.19%
NTRS	A	0.19%
CL	D	0.19%
AAON	B	0.18%
HBAN	A	0.18%
REG	A	0.18%
NOVT	D	0.18%
ZION	B	0.18%
ICUI	D	0.18%
UTHR	C	0.18%
MKSI	C	0.18%
CHRW	B	0.18%
TRMB	B	0.18%
VRNS	D	0.18%
OLLI	D	0.18%
GH	B	0.17%
CINF	A	0.17%
MDGL	B	0.17%
DOX	D	0.17%
SSNC	B	0.17%
ABBV	F	0.17%
EBAY	D	0.17%
OLED	F	0.17%
LECO	C	0.16%
WIX	A	0.16%
MASI	B	0.16%
ARGX	B	0.16%
ITRI	C	0.16%
MUSA	B	0.16%
PCVX	D	0.16%
BNTX	C	0.16%
FITB	B	0.16%
WTW	B	0.16%
LSTR	D	0.15%
XOM	B	0.15%
CAT	B	0.15%
POOL	C	0.15%
AXP	A	0.15%
JBHT	C	0.15%
FRPT	A	0.14%
PH	A	0.14%
RMD	C	0.14%
ETN	A	0.14%
PGR	A	0.14%
ENSG	C	0.14%
CHDN	B	0.14%
ULTA	F	0.14%
MKTX	D	0.13%
MIDD	C	0.13%
MRUS	F	0.13%
WAT	C	0.13%
CYTK	F	0.13%
VEEV	C	0.13%
RGLD	C	0.13%
TTEK	F	0.13%
VMC	B	0.13%
GE	D	0.12%
ALNY	D	0.12%
LANC	C	0.12%
KRYS	C	0.12%
TWST	F	0.12%
ROIV	C	0.12%
LOW	C	0.12%
MTD	F	0.11%
UFPT	C	0.11%
WM	B	0.11%
SHOO	F	0.11%
TROW	B	0.1%
MMYT	B	0.09%
BL	B	0.09%
DOCU	B	0.09%
LOGI	D	0.09%
HOLX	D	0.09%
TRMD	F	0.09%
CRVL	B	0.09%
CVLT	B	0.08%
CSWI	B	0.07%
BMRN	F	0.06%
ASND	F	0.05%
NWSA	A	0.05%
ACGL	C	0.05%
TW	A	0.05%
GEV	B	0.05%
CVCO	A	0.04%
RGEN	D	0.02%
REYN	D	0.01%
RXST	F	0.01%
TMDX	F	0.01%
ACHC	F	0.01%
LEGN	D	0.01%
ACLS	F	0.01%
APLS	F	0.01%
XRAY	F	0.01%
SRPT	F	0.01%
EXAS	D	0.01%
RPRX	D	0.01%

FTQI Underweight 115 Positions Relative to AIEQ

Symbol	Grade	Weight
INTC	C	-3.77%
GS	A	-3.64%
CRWD	B	-2.94%
DIS	B	-2.63%
PLTR	B	-2.62%
ISRG	A	-2.6%
NKE	F	-2.52%
VRTX	D	-2.27%
ELV	F	-2.24%
CVX	A	-2.09%
FI	A	-2.08%
VST	A	-1.88%
BA	F	-1.65%
CHTR	C	-1.38%
EMR	B	-1.37%
SNOW	B	-1.34%
FANG	C	-1.32%
UPS	C	-1.28%
ZS	B	-1.02%
EW	C	-1.02%
LPLA	A	-1.01%
HST	C	-0.98%
F	C	-0.95%
RCL	A	-0.94%
DXCM	C	-0.94%
DASH	B	-0.93%
TEAM	A	-0.92%
LVS	B	-0.89%
TDG	D	-0.87%
HWM	A	-0.82%
SQ	A	-0.81%
HPE	B	-0.77%
FSLR	F	-0.77%
DFS	B	-0.72%
EL	F	-0.72%
BIIB	F	-0.71%
WSM	C	-0.66%
GPC	D	-0.62%
STLD	B	-0.62%
LNG	A	-0.61%
CSL	C	-0.59%
LYB	F	-0.59%
GRMN	B	-0.55%
MGM	D	-0.54%
UHS	D	-0.53%
XPO	B	-0.51%
PSTG	D	-0.5%
LII	A	-0.49%
RHP	B	-0.47%
ETSY	D	-0.43%
ENPH	F	-0.43%
IEX	C	-0.37%
AAP	D	-0.36%
GNRC	C	-0.36%
HRB	D	-0.35%
AOS	F	-0.34%
CTLT	C	-0.33%
SNX	D	-0.33%
FN	C	-0.32%
ESTC	C	-0.31%
GL	C	-0.3%
EXP	B	-0.29%
KBR	F	-0.29%
RH	C	-0.29%
BWXT	B	-0.29%
GFS	C	-0.27%
NVT	B	-0.27%
HOG	D	-0.27%
RYAN	A	-0.24%
OSK	C	-0.22%
FLR	B	-0.22%
TTC	C	-0.22%
BPMC	B	-0.21%
CMC	B	-0.2%
CNX	A	-0.19%
HLI	A	-0.19%
COOP	B	-0.19%
SEE	C	-0.18%
FIVN	C	-0.18%
LNC	C	-0.18%
HAE	C	-0.18%
DCI	B	-0.17%
EEFT	B	-0.17%
ACI	C	-0.17%
GMED	A	-0.17%
CHRD	D	-0.17%
TENB	C	-0.16%
DINO	D	-0.16%
MAN	F	-0.16%
MUR	D	-0.15%
SUM	B	-0.15%
ITCI	C	-0.14%
OMF	A	-0.14%
PRGO	C	-0.14%
RIVN	F	-0.14%
TREX	C	-0.14%
POWI	F	-0.14%
TDW	F	-0.13%
ST	F	-0.13%
CIVI	D	-0.13%
ORA	B	-0.13%
CHE	D	-0.13%
SM	B	-0.12%
HP	C	-0.12%
LPX	B	-0.12%
MSA	F	-0.11%
VVV	D	-0.11%
NOG	B	-0.11%
TKR	D	-0.11%
GATX	A	-0.1%
EXPO	D	-0.1%
AM	A	-0.1%
CHX	C	-0.07%
CFLT	B	-0.07%
RIG	D	-0.05%