FTQI vs. BIV ETF Comparison

Comparison of First Trust Low Beta Income ETF (FTQI) to Vanguard Intermediate-Term Bond ETF (BIV)

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

$20.89

Average Daily Volume

181,406

Number of Holdings ^*

195

* may have additional holdings in another (foreign) market

BIV

Vanguard Intermediate-Term Bond ETF

BIV Description

The investment seeks the performance of a market-weighted bond index with an intermediate-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. 5-10 Year Government/Credit Float Adjusted Index. This Index includes all medium and larger issues of U.S. government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities between 5 and 10 years and are publicly issued. All of the fund's investments will be selected through the sampling process, and at least 80% of the fund's assets will be invested in bonds held in the index.

Grade (RS Rating)

Last Trade

$75.41

Average Daily Volume

1,217,456

Number of Holdings ^*

484

* may have additional holdings in another (foreign) market

Performance

Period	FTQI	BIV
30 Days	2.45%	-0.77%
60 Days	3.28%	-3.28%
90 Days	5.53%	-2.32%
12 Months	18.20%	6.35%

58 Overlapping Holdings

Symbol	Grade	Weight in FTQI	Weight in BIV	Overlap
A	D	0.34%	0.01%	0.01%
AAPL	C	9.03%	0.01%	0.01%
ABBV	D	0.17%	0.05%	0.05%
ACGL	D	0.05%	0.01%	0.01%
ADBE	C	1.22%	0.02%	0.02%
AMT	D	0.27%	0.01%	0.01%
AMZN	C	4.39%	0.02%	0.02%
APH	A	0.58%	0.01%	0.01%
AVGO	D	4.07%	0.01%	0.01%
AXP	A	0.15%	0.05%	0.05%
CAT	B	0.15%	0.01%	0.01%
CHRW	C	0.18%	0.02%	0.02%
CINF	A	0.17%	0.01%	0.01%
CME	A	0.96%	0.01%	0.01%
COST	B	2.64%	0.01%	0.01%
CRM	B	0.58%	0.02%	0.02%
DOX	D	0.17%	0.02%	0.02%
EBAY	D	0.17%	0.02%	0.02%
EQIX	A	1.25%	0.01%	0.01%
ETN	A	0.14%	0.02%	0.02%
EVRG	A	0.26%	0.01%	0.01%
EXPE	B	0.22%	0.02%	0.02%
FITB	A	0.16%	0.01%	0.01%
GE	D	0.12%	0.02%	0.02%
GOOGL	C	1.87%	0.02%	0.02%
HBAN	A	0.18%	0.01%	0.01%
INTU	C	1.32%	0.01%	0.01%
LIN	D	1.19%	0.01%	0.01%
LLY	F	0.9%	0.01%	0.01%
LNT	A	0.49%	0.01%	0.01%
LOW	D	0.12%	0.01%	0.01%
MSFT	F	8.03%	0.1%	0.1%
MSI	B	0.22%	0.01%	0.01%
NDAQ	A	0.36%	0.01%	0.01%
NOW	A	0.46%	0.03%	0.03%
NTAP	C	0.79%	0.01%	0.01%
NTRS	A	0.19%	0.01%	0.01%
NVDA	C	5.22%	0.03%	0.03%
ORCL	B	0.75%	0.01%	0.01%
PEP	F	1.45%	0.01%	0.01%
PGR	A	0.14%	0.02%	0.02%
PH	A	0.14%	0.02%	0.02%
QCOM	F	1.11%	0.02%	0.02%
QRVO	F	0.03%	0.02%	0.02%
REG	B	0.18%	0.01%	0.01%
RPRX	D	0.01%	0.01%	0.01%
SPGI	C	0.6%	0.01%	0.01%
TMUS	B	1.78%	0.04%	0.04%
TRMB	B	0.18%	0.02%	0.02%
TSCO	D	0.28%	0.01%	0.01%
TXN	C	1.54%	0.01%	0.01%
V	A	0.24%	0.01%	0.01%
VMC	B	0.13%	0.01%	0.01%
WM	A	0.11%	0.01%	0.01%
WMT	A	0.39%	0.01%	0.01%
XOM	B	0.15%	0.01%	0.01%
XRAY	F	0.01%	0.02%	0.01%
ZION	B	0.18%	0.01%	0.01%

FTQI Overweight 137 Positions Relative to BIV

Symbol	Grade	Weight
META	D	4.15%
TSLA	B	3.05%
NFLX	A	2.4%
GOOG	C	1.87%
CSCO	B	1.56%
AMD	F	1.45%
CHKP	D	0.72%
MGEE	C	0.58%
APP	B	0.52%
UFPI	B	0.51%
PTC	A	0.5%
DUOL	A	0.48%
CASY	A	0.43%
TYL	B	0.4%
BGC	C	0.39%
STX	D	0.38%
ZBRA	B	0.37%
CG	A	0.37%
WFRD	D	0.31%
IESC	B	0.31%
ANET	C	0.29%
PAGP	A	0.29%
BCPC	B	0.29%
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%
SOFI	A	0.26%
WWD	B	0.25%
LITE	B	0.25%
AXON	A	0.25%
ICLR	D	0.25%
UMBF	B	0.24%
CYBR	B	0.24%
UPST	B	0.24%
IDCC	A	0.24%
COIN	C	0.24%
STRL	B	0.24%
MTSI	B	0.23%
HOOD	B	0.23%
ERIE	D	0.22%
RVMD	C	0.22%
PTEN	C	0.22%
NBIX	C	0.21%
COKE	C	0.2%
PODD	C	0.2%
NTRA	B	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%
CL	D	0.19%
FCNCA	A	0.18%
AAON	B	0.18%
NOVT	D	0.18%
ICUI	D	0.18%
UTHR	C	0.18%
MKSI	C	0.18%
VRNS	D	0.18%
OLLI	D	0.18%
GH	B	0.17%
MDGL	B	0.17%
SSNC	B	0.17%
OLED	D	0.17%
LECO	B	0.16%
WIX	B	0.16%
MASI	A	0.16%
ARGX	A	0.16%
ITRI	B	0.16%
JAZZ	B	0.16%
MUSA	A	0.16%
PCVX	D	0.16%
BNTX	D	0.16%
WTW	B	0.16%
LSTR	D	0.15%
POOL	C	0.15%
JBHT	C	0.15%
FRPT	B	0.14%
RMD	C	0.14%
BSY	D	0.14%
ENSG	D	0.14%
HALO	F	0.14%
CHDN	B	0.14%
ULTA	F	0.14%
MKTX	D	0.13%
TECH	D	0.13%
MIDD	C	0.13%
SFM	A	0.13%
MRUS	F	0.13%
WAT	B	0.13%
CYTK	F	0.13%
VEEV	C	0.13%
RGLD	C	0.13%
TTEK	F	0.13%
VKTX	F	0.12%
ALNY	D	0.12%
LANC	C	0.12%
KRYS	B	0.12%
TWST	D	0.12%
ROIV	C	0.12%
MTD	D	0.11%
UFPT	B	0.11%
SHOO	D	0.11%
TROW	B	0.1%
MMYT	B	0.09%
BL	B	0.09%
DOCU	A	0.09%
LOGI	D	0.09%
HOLX	D	0.09%
TRMD	F	0.09%
CRVL	A	0.09%
CVLT	B	0.08%
CSWI	A	0.07%
BMRN	D	0.06%
ASND	D	0.05%
NWSA	B	0.05%
TW	A	0.05%
GEV	B	0.05%
CVCO	A	0.04%
APA	D	0.03%
RGEN	D	0.02%
OKTA	C	0.02%
REYN	D	0.01%
RXST	F	0.01%
TMDX	F	0.01%
ACHC	F	0.01%
LEGN	F	0.01%
ACLS	F	0.01%
APLS	D	0.01%
LNTH	D	0.01%
SRPT	D	0.01%
EXAS	D	0.01%

FTQI Underweight 426 Positions Relative to BIV

Symbol	Grade	Weight
WIT	A	-0.35%
DT	C	-0.11%
DD	D	-0.05%
BIIB	F	-0.04%
MS	A	-0.04%
WFC	A	-0.04%
CB	C	-0.03%
KOF	F	-0.03%
DLTR	F	-0.03%
SLB	C	-0.03%
RJF	A	-0.03%
CAH	B	-0.03%
BWA	D	-0.03%
BMO	A	-0.03%
ESGR	B	-0.03%
TSN	B	-0.03%
BABA	D	-0.03%
LVS	C	-0.02%
NI	A	-0.02%
LRCX	F	-0.02%
LMT	D	-0.02%
MRO	B	-0.02%
INVH	D	-0.02%
KLAC	D	-0.02%
EOG	A	-0.02%
CTAS	B	-0.02%
BR	A	-0.02%
ADI	D	-0.02%
CPB	D	-0.02%
UHS	D	-0.02%
MOS	F	-0.02%
MET	A	-0.02%
LDOS	C	-0.02%
MTB	A	-0.02%
HST	C	-0.02%
HPQ	B	-0.02%
HIG	B	-0.02%
HAL	C	-0.02%
EFX	F	-0.02%
DAL	C	-0.02%
EA	A	-0.02%
DXC	B	-0.02%
BC	C	-0.02%
CNO	A	-0.02%
ADP	B	-0.02%
ADM	D	-0.02%
ARCC	A	-0.02%
AAP	C	-0.02%
AMG	B	-0.02%
TEL	B	-0.02%
SYK	C	-0.02%
SYF	B	-0.02%
VRSN	F	-0.02%
ZBH	C	-0.02%
RL	B	-0.02%
DOC	D	-0.02%
REGN	F	-0.02%
MCD	D	-0.02%
DLR	B	-0.02%
NEM	D	-0.02%
MU	D	-0.02%
GSK	F	-0.02%
WAB	B	-0.02%
WY	D	-0.02%
GD	F	-0.02%
PYPL	B	-0.02%
CHTR	C	-0.02%
DFS	B	-0.02%
CAG	D	-0.02%
SYY	B	-0.02%
MPLX	A	-0.02%
VTRS	A	-0.02%
ET	A	-0.02%
MMC	B	-0.02%
BSX	B	-0.02%
NWG	C	-0.02%
MRK	F	-0.02%
HCA	F	-0.02%
FOXA	B	-0.02%
CARR	D	-0.02%
NOC	D	-0.02%
VOD	F	-0.02%
MUFG	B	-0.02%
WTFC	A	-0.01%
SKT	B	-0.01%
RS	B	-0.01%
ROST	C	-0.01%
PWR	A	-0.01%
REXR	F	-0.01%
SAVE	D	-0.01%
GBDC	C	-0.01%
ALLE	D	-0.01%
AXS	A	-0.01%
AVT	C	-0.01%
CMA	A	-0.01%
CHD	B	-0.01%
CE	F	-0.01%
CBT	C	-0.01%
THG	A	-0.01%
UNM	A	-0.01%
TME	D	-0.01%
NOV	C	-0.01%
OGS	A	-0.01%
IFF	D	-0.01%
L	A	-0.01%
JCI	C	-0.01%
KMT	B	-0.01%
KMPR	B	-0.01%
EPRT	B	-0.01%
VNO	B	-0.01%
WU	D	-0.01%
TKR	D	-0.01%
WLK	D	-0.01%
PNW	B	-0.01%
SNA	A	-0.01%
RNR	C	-0.01%
SF	B	-0.01%
PSEC	D	-0.01%
DOV	A	-0.01%
AFG	A	-0.01%
APTV	D	-0.01%
WBS	A	-0.01%
LII	A	-0.01%
OCSL	F	-0.01%
MDT	D	-0.01%
MCY	A	-0.01%
PDM	D	-0.01%
MP	B	-0.01%
KRG	B	-0.01%
EMN	D	-0.01%
FSK	A	-0.01%
LXP	D	-0.01%
OSK	B	-0.01%
MKL	A	-0.01%
OPI	F	-0.01%
BEN	C	-0.01%
BDN	C	-0.01%
AMH	D	-0.01%
WEC	A	-0.01%
WB	D	-0.01%
VRSK	A	-0.01%
VNT	B	-0.01%
WPC	D	-0.01%
R	B	-0.01%
SITC	D	-0.01%
PKG	A	-0.01%
RPM	A	-0.01%
PHM	D	-0.01%
PFG	D	-0.01%
SCS	C	-0.01%
SAFE	D	-0.01%
PPG	F	-0.01%
SON	D	-0.01%
SNX	C	-0.01%
FMC	D	-0.01%
FLS	B	-0.01%
FLO	D	-0.01%
EW	C	-0.01%
BBY	D	-0.01%
ALL	A	-0.01%
BAX	D	-0.01%
AIZ	A	-0.01%
CMI	A	-0.01%
AVB	B	-0.01%
AGR	B	-0.01%
AGO	B	-0.01%
ATO	A	-0.01%
AEE	A	-0.01%
ARW	D	-0.01%
ADC	B	-0.01%
BKU	A	-0.01%
AAT	B	-0.01%
OGE	B	-0.01%
NVT	B	-0.01%
MCO	B	-0.01%
NUE	C	-0.01%
GPC	D	-0.01%
GP	F	-0.01%
HR	C	-0.01%
HP	B	-0.01%
HIW	D	-0.01%
GILD	C	-0.01%
JD	D	-0.01%
IEX	B	-0.01%
GXO	B	-0.01%
EPR	D	-0.01%
DHR	F	-0.01%
DHI	D	-0.01%
FTNT	C	-0.01%
FRT	B	-0.01%
STE	F	-0.01%
WTRG	B	-0.01%
RYN	D	-0.01%
ROK	B	-0.01%
RF	A	-0.01%
SBRA	C	-0.01%
PRE	D	-0.01%
MAS	D	-0.01%
NHI	D	-0.01%
NEU	C	-0.01%
MLM	B	-0.01%
MHK	D	-0.01%
CNH	C	-0.01%
AYI	B	-0.01%
BRO	B	-0.01%
BNS	A	-0.01%
BKH	A	-0.01%
AAL	B	-0.01%
BERY	B	-0.01%
AMCR	D	-0.01%
CP	D	-0.01%
UDR	B	-0.01%
WBA	F	-0.01%
TD	F	-0.01%
SWX	B	-0.01%
SWKS	F	-0.01%
VOYA	B	-0.01%
XYL	D	-0.01%
KEX	C	-0.01%
ITW	B	-0.01%
HUBB	B	-0.01%
HSY	F	-0.01%
HPP	F	-0.01%
JNPR	F	-0.01%
ILMN	D	-0.01%
KSS	F	-0.01%
KRC	C	-0.01%
EIX	B	-0.01%
DVN	F	-0.01%
CTVA	C	-0.01%
FAF	A	-0.01%
EXR	D	-0.01%
DRI	B	-0.01%
DSS	F	-0.01%
NFG	A	-0.01%
OC	A	-0.01%
LEG	F	-0.01%
NVR	D	-0.01%
MRVL	B	-0.01%
NSC	B	-0.01%
KIM	A	-0.01%
MAA	B	-0.01%
ORLY	B	-0.01%
OMC	C	-0.01%
LAZ	B	-0.01%
KEYS	A	-0.01%
K	A	-0.01%
HUN	F	-0.01%
HRB	D	-0.01%
IPG	D	-0.01%
INGR	B	-0.01%
HII	D	-0.01%
JBL	B	-0.01%
KR	B	-0.01%
EMR	A	-0.01%
DGX	A	-0.01%
DE	A	-0.01%
ED	D	-0.01%
CUBE	D	-0.01%
FLEX	A	-0.01%
DOW	F	-0.01%
AL	B	-0.01%
CNP	B	-0.01%
CMS	C	-0.01%
AVY	D	-0.01%
ADSK	A	-0.01%
CFG	B	-0.01%
BIDU	F	-0.01%
APD	A	-0.01%
UPS	C	-0.01%
TGT	F	-0.01%
WELL	A	-0.01%
TXT	D	-0.01%
TT	A	-0.01%
SUI	D	-0.01%
VFC	C	-0.01%
TJX	A	-0.01%
PM	B	-0.01%
SJM	D	-0.01%
ROP	B	-0.01%
PSA	D	-0.01%
SO	D	-0.01%
NNN	D	-0.01%
LNC	B	-0.01%
LH	C	-0.01%
LEA	D	-0.01%
MPC	D	-0.01%
KEY	B	-0.01%
HUM	C	-0.01%
GLPI	C	-0.01%
GL	B	-0.01%
JEF	A	-0.01%
HAS	D	-0.01%
H	B	-0.01%
KMB	D	-0.01%
ESS	B	-0.01%
ES	D	-0.01%
EQR	B	-0.01%
EL	F	-0.01%
FNF	B	-0.01%
CSL	C	-0.01%
ETR	B	-0.01%
AZO	C	-0.01%
CNA	B	-0.01%
AWK	D	-0.01%
CLX	B	-0.01%
BRX	A	-0.01%
AES	F	-0.01%
BG	F	-0.01%
CBOE	B	-0.01%
AN	C	-0.01%
VTR	C	-0.01%
SWK	D	-0.01%
ZTS	D	-0.01%
STLD	B	-0.01%
PSX	C	-0.01%
RGA	A	-0.01%
AZN	D	-0.01%
AFL	B	-0.01%
AER	B	-0.01%
BLK	C	-0.01%
BK	A	-0.01%
BHF	B	-0.01%
CCI	D	-0.01%
AMAT	F	-0.01%
LEN	D	-0.01%
GPN	B	-0.01%
GIS	D	-0.01%
ICE	C	-0.01%
EQNR	D	-0.01%
FDX	B	-0.01%
ECL	D	-0.01%
NKE	D	-0.01%
PAA	B	-0.01%
MKC	D	-0.01%
MA	C	-0.01%
LYB	F	-0.01%
MMM	D	-0.01%
OHI	C	-0.01%
O	D	-0.01%
NXPI	D	-0.01%
HRL	D	-0.01%
UNP	C	-0.01%
TDY	B	-0.01%
STT	A	-0.01%
VLO	C	-0.01%
TMO	F	-0.01%
WEST	C	-0.01%
WHR	B	-0.01%
PLD	D	-0.01%
RSG	A	-0.01%
PG	A	-0.01%
FANG	D	-0.01%
CSX	B	-0.01%
BXP	D	-0.01%
XEL	A	-0.01%
SRE	A	-0.01%
PRU	A	-0.01%
PEG	A	-0.01%
SBUX	A	-0.01%
SPG	B	-0.01%
AEP	D	-0.01%
AON	A	-0.01%
GM	B	-0.01%
EQH	B	-0.01%
DTE	C	-0.01%
FIS	C	-0.01%
STZ	D	-0.01%
EPD	A	-0.01%
DG	F	-0.01%
DB	D	-0.01%
COF	B	-0.01%
MO	A	-0.01%
OTIS	C	-0.01%
OKE	A	-0.01%
LHX	C	-0.01%
MDLZ	F	-0.01%
KDP	D	-0.01%
WMB	A	-0.01%
SHW	A	-0.01%
DUK	C	-0.01%
EXC	C	-0.01%
COP	C	-0.01%
USB	A	-0.01%
HON	B	-0.01%
JNJ	D	-0.01%
HD	A	-0.01%
D	C	-0.01%
CVX	A	-0.01%
MAR	B	-0.01%
LUV	C	-0.01%
CPT	B	-0.01%
AMGN	D	-0.01%
TFC	A	-0.01%
PFE	D	-0.01%
SCHW	B	-0.01%
BKNG	A	-0.01%
ARE	D	-0.01%
ABT	B	-0.01%
INTC	D	-0.01%
HES	B	-0.01%
KO	D	-0.01%
PNC	B	-0.01%
DIS	B	-0.01%
UNH	C	-0.01%
AIG	B	-0.01%
KMI	A	-0.01%
BDX	F	-0.01%
DELL	C	-0.01%
NEE	D	-0.01%
CI	F	-0.01%
RTX	C	-0.01%
IBM	C	-0.01%
UAL	A	-0.01%
PCG	A	-0.01%
CVS	D	-0.01%
GS	A	-0.01%
T	A	-0.01%
JPM	A	-0.01%
HSBC	B	-0.01%
VZ	C	-0.01%
BMY	B	-0.01%
CMCSA	B	-0.01%
BA	F	-0.01%
C	A	-0.01%
BAC	A	-0.01%