FTQI vs. EUSA ETF Comparison

Comparison of First Trust Low Beta Income ETF (FTQI) to iShares MSCI USA Index Fund (EUSA)

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

EUSA

iShares MSCI USA Index Fund

EUSA Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI USA Index (the "underlying index"). The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The underlying index is a market capitalization-weighted index designed to measure the performance of equity securities in the top 85% by market capitalization of equity securities listed on stock exchanges in the United States. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$101.24

Average Daily Volume

45,044

Number of Holdings ^*

591

* may have additional holdings in another (foreign) market

Performance

Period	FTQI	EUSA
30 Days	2.45%	5.56%
60 Days	3.28%	6.51%
90 Days	5.53%	8.86%
12 Months	18.20%	32.13%

105 Overlapping Holdings

Symbol	Grade	Weight in FTQI	Weight in EUSA	Overlap
A	D	0.34%	0.14%	0.14%
AAPL	C	9.03%	0.16%	0.16%
ABBV	D	0.17%	0.13%	0.13%
ACGL	D	0.05%	0.15%	0.05%
ADBE	C	1.22%	0.14%	0.14%
ALNY	D	0.12%	0.13%	0.12%
AMD	F	1.45%	0.14%	0.14%
AMT	D	0.27%	0.14%	0.14%
AMZN	C	4.39%	0.18%	0.18%
ANET	C	0.29%	0.17%	0.17%
APA	D	0.03%	0.12%	0.03%
APH	A	0.58%	0.17%	0.17%
APP	B	0.52%	0.58%	0.52%
AVGO	D	4.07%	0.16%	0.16%
AXON	A	0.25%	0.26%	0.25%
AXP	A	0.15%	0.18%	0.15%
BMRN	D	0.06%	0.1%	0.06%
BSY	D	0.14%	0.15%	0.14%
CAT	B	0.15%	0.18%	0.15%
CG	A	0.37%	0.2%	0.2%
CHRW	C	0.18%	0.17%	0.17%
CINF	A	0.17%	0.19%	0.17%
CL	D	0.19%	0.14%	0.14%
CME	A	0.96%	0.17%	0.17%
COIN	C	0.24%	0.26%	0.24%
COST	B	2.64%	0.17%	0.17%
CRM	B	0.58%	0.2%	0.2%
CSCO	B	1.56%	0.18%	0.18%
DOCU	A	0.09%	0.22%	0.09%
EBAY	D	0.17%	0.17%	0.17%
EQIX	A	1.25%	0.17%	0.17%
ERIE	D	0.22%	0.14%	0.14%
ETN	A	0.14%	0.19%	0.14%
EVRG	A	0.26%	0.17%	0.17%
EXAS	D	0.01%	0.14%	0.01%
EXPE	B	0.22%	0.21%	0.21%
FCNCA	A	0.18%	0.18%	0.18%
FFIV	B	0.2%	0.19%	0.19%
FITB	A	0.16%	0.18%	0.16%
GE	D	0.12%	0.17%	0.12%
GEV	B	0.05%	0.29%	0.05%
GOOG	C	1.87%	0.08%	0.08%
GOOGL	C	1.87%	0.09%	0.09%
HBAN	A	0.18%	0.21%	0.18%
HOLX	D	0.09%	0.15%	0.09%
HOOD	B	0.23%	0.28%	0.23%
INCY	C	0.19%	0.17%	0.17%
INTU	C	1.32%	0.15%	0.15%
JBHT	C	0.15%	0.16%	0.15%
LIN	D	1.19%	0.15%	0.15%
LLY	F	0.9%	0.12%	0.12%
LNT	A	0.49%	0.17%	0.17%
LOW	D	0.12%	0.17%	0.12%
MANH	D	0.2%	0.17%	0.17%
META	D	4.15%	0.17%	0.17%
MKTX	D	0.13%	0.18%	0.13%
MPWR	F	0.2%	0.1%	0.1%
MSFT	F	8.03%	0.15%	0.15%
MSI	B	0.22%	0.18%	0.18%
MTD	D	0.11%	0.13%	0.11%
NBIX	C	0.21%	0.13%	0.13%
NDAQ	A	0.36%	0.18%	0.18%
NFLX	A	2.4%	0.2%	0.2%
NOW	A	0.46%	0.19%	0.19%
NTAP	C	0.79%	0.15%	0.15%
NTRS	A	0.19%	0.2%	0.19%
NVDA	C	5.22%	0.18%	0.18%
NWSA	B	0.05%	0.17%	0.05%
OKTA	C	0.02%	0.12%	0.02%
ORCL	B	0.75%	0.21%	0.21%
PEP	F	1.45%	0.14%	0.14%
PGR	A	0.14%	0.17%	0.14%
PH	A	0.14%	0.19%	0.14%
PODD	C	0.2%	0.22%	0.2%
POOL	C	0.15%	0.16%	0.15%
PTC	A	0.5%	0.17%	0.17%
QCOM	F	1.11%	0.15%	0.15%
QRVO	F	0.03%	0.09%	0.03%
REG	B	0.18%	0.17%	0.17%
RMD	C	0.14%	0.17%	0.14%
RPRX	D	0.01%	0.15%	0.01%
SBAC	D	0.28%	0.16%	0.16%
SPGI	C	0.6%	0.16%	0.16%
SSNC	B	0.17%	0.16%	0.16%
STX	D	0.38%	0.15%	0.15%
TECH	D	0.13%	0.14%	0.13%
TMUS	B	1.78%	0.18%	0.18%
TRMB	B	0.18%	0.2%	0.18%
TROW	B	0.1%	0.17%	0.1%
TSCO	D	0.28%	0.16%	0.16%
TSLA	B	3.05%	0.25%	0.25%
TW	A	0.05%	0.18%	0.05%
TXN	C	1.54%	0.15%	0.15%
TYL	B	0.4%	0.16%	0.16%
ULTA	F	0.14%	0.14%	0.14%
UTHR	C	0.18%	0.16%	0.16%
V	A	0.24%	0.2%	0.2%
VEEV	C	0.13%	0.17%	0.13%
VMC	B	0.13%	0.18%	0.13%
WAT	B	0.13%	0.16%	0.13%
WM	A	0.11%	0.16%	0.11%
WMT	A	0.39%	0.18%	0.18%
WTW	B	0.16%	0.17%	0.16%
XOM	B	0.15%	0.16%	0.15%
ZBRA	B	0.37%	0.18%	0.18%

FTQI Overweight 90 Positions Relative to EUSA

Symbol	Grade	Weight
CHKP	D	0.72%
MGEE	C	0.58%
UFPI	B	0.51%
DUOL	A	0.48%
CASY	A	0.43%
BGC	C	0.39%
WFRD	D	0.31%
IESC	B	0.31%
PAGP	A	0.29%
BCPC	B	0.29%
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%
ICLR	D	0.25%
UMBF	B	0.24%
CYBR	B	0.24%
UPST	B	0.24%
IDCC	A	0.24%
STRL	B	0.24%
MTSI	B	0.23%
RVMD	C	0.22%
PTEN	C	0.22%
COKE	C	0.2%
NTRA	B	0.2%
DJT	C	0.2%
SAIA	B	0.2%
AAON	B	0.18%
NOVT	D	0.18%
ZION	B	0.18%
ICUI	D	0.18%
MKSI	C	0.18%
VRNS	D	0.18%
OLLI	D	0.18%
GH	B	0.17%
MDGL	B	0.17%
DOX	D	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%
LSTR	D	0.15%
FRPT	B	0.14%
ENSG	D	0.14%
HALO	F	0.14%
CHDN	B	0.14%
MIDD	C	0.13%
SFM	A	0.13%
MRUS	F	0.13%
CYTK	F	0.13%
RGLD	C	0.13%
TTEK	F	0.13%
VKTX	F	0.12%
LANC	C	0.12%
KRYS	B	0.12%
TWST	D	0.12%
ROIV	C	0.12%
UFPT	B	0.11%
SHOO	D	0.11%
MMYT	B	0.09%
BL	B	0.09%
LOGI	D	0.09%
TRMD	F	0.09%
CRVL	A	0.09%
CVLT	B	0.08%
CSWI	A	0.07%
ASND	D	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	F	0.01%
ACLS	F	0.01%
APLS	D	0.01%
LNTH	D	0.01%
XRAY	F	0.01%
SRPT	D	0.01%

FTQI Underweight 486 Positions Relative to EUSA

Symbol	Grade	Weight
MSTR	C	-0.51%
PLTR	B	-0.31%
VST	B	-0.31%
VRT	B	-0.29%
TOST	B	-0.28%
TPL	A	-0.27%
APO	B	-0.26%
DAL	C	-0.26%
CCL	B	-0.26%
TEAM	A	-0.25%
TWLO	A	-0.25%
LPLA	A	-0.23%
TRGP	B	-0.23%
SQ	B	-0.23%
RCL	A	-0.23%
Z	A	-0.22%
SYF	B	-0.22%
LYV	A	-0.22%
BX	A	-0.22%
DASH	A	-0.22%
EME	C	-0.22%
FI	A	-0.22%
HUBS	A	-0.22%
RJF	A	-0.22%
ZM	B	-0.21%
WFC	A	-0.21%
EXE	B	-0.21%
EQT	B	-0.21%
WMB	A	-0.21%
MTB	A	-0.21%
BKNG	A	-0.21%
CRWD	B	-0.21%
MS	A	-0.21%
CPAY	A	-0.21%
KMI	A	-0.21%
PAYC	B	-0.21%
DAY	B	-0.21%
PWR	A	-0.2%
PNR	A	-0.2%
DKNG	B	-0.2%
DIS	B	-0.2%
MET	A	-0.2%
AIZ	A	-0.2%
DLR	B	-0.2%
EMR	A	-0.2%
BKR	B	-0.2%
ALB	C	-0.2%
FLUT	A	-0.2%
IOT	A	-0.2%
ETR	B	-0.2%
AMP	A	-0.2%
DFS	B	-0.2%
RBLX	C	-0.2%
SNA	A	-0.2%
KKR	A	-0.2%
COF	B	-0.2%
MRVL	B	-0.2%
FICO	B	-0.2%
OKE	A	-0.2%
NET	B	-0.19%
WELL	A	-0.19%
GRMN	B	-0.19%
HLT	A	-0.19%
BLK	C	-0.19%
CBRE	B	-0.19%
PNC	B	-0.19%
ROKU	D	-0.19%
JCI	C	-0.19%
TRV	B	-0.19%
TT	A	-0.19%
PYPL	B	-0.19%
TTWO	A	-0.19%
BMY	B	-0.19%
GS	A	-0.19%
ARES	A	-0.19%
JBL	B	-0.19%
SEIC	B	-0.19%
FTNT	C	-0.19%
WYNN	D	-0.19%
BK	A	-0.19%
APD	A	-0.19%
PKG	A	-0.19%
CMI	A	-0.19%
LNG	B	-0.19%
GM	B	-0.19%
LVS	C	-0.19%
GWW	B	-0.19%
FAST	B	-0.19%
BAC	A	-0.19%
PRU	A	-0.19%
ADSK	A	-0.19%
CNP	B	-0.19%
HUBB	B	-0.19%
LUV	C	-0.19%
HWM	A	-0.19%
WBD	C	-0.19%
OC	A	-0.19%
MA	C	-0.19%
LW	C	-0.19%
IP	B	-0.19%
STLD	B	-0.19%
DELL	C	-0.19%
WAB	B	-0.19%
SW	A	-0.19%
CEG	D	-0.19%
RF	A	-0.19%
MAR	B	-0.19%
SCHW	B	-0.19%
AEE	A	-0.18%
IEX	B	-0.18%
TDY	B	-0.18%
ISRG	A	-0.18%
ABNB	C	-0.18%
KR	B	-0.18%
EA	A	-0.18%
CMG	B	-0.18%
DECK	A	-0.18%
KIM	A	-0.18%
SOLV	C	-0.18%
ATO	A	-0.18%
PAYX	C	-0.18%
ADP	B	-0.18%
AON	A	-0.18%
SYK	C	-0.18%
MCK	B	-0.18%
WSO	A	-0.18%
TAP	C	-0.18%
JPM	A	-0.18%
HON	B	-0.18%
C	A	-0.18%
ACM	A	-0.18%
PCG	A	-0.18%
VTRS	A	-0.18%
BXP	D	-0.18%
EPAM	C	-0.18%
MDB	C	-0.18%
JKHY	D	-0.18%
GDDY	A	-0.18%
PEG	A	-0.18%
IR	B	-0.18%
CFG	B	-0.18%
AZPN	A	-0.18%
MNST	C	-0.18%
KEY	B	-0.18%
HPE	B	-0.18%
SPG	B	-0.18%
CNH	C	-0.18%
DDOG	A	-0.18%
SRE	A	-0.18%
URI	B	-0.18%
FDS	B	-0.18%
INTC	D	-0.18%
GEN	B	-0.18%
BSX	B	-0.18%
XEL	A	-0.18%
LULU	C	-0.18%
GLW	B	-0.18%
PCAR	B	-0.18%
GILD	C	-0.18%
USB	A	-0.18%
NRG	B	-0.18%
T	A	-0.18%
HIG	B	-0.18%
NI	A	-0.18%
TTD	B	-0.18%
FIS	C	-0.18%
AME	A	-0.18%
CRH	A	-0.18%
RPM	A	-0.18%
AFL	B	-0.18%
STT	A	-0.18%
ROK	B	-0.17%
UDR	B	-0.17%
CB	C	-0.17%
F	C	-0.17%
PANW	C	-0.17%
TJX	A	-0.17%
HST	C	-0.17%
MSCI	C	-0.17%
FNF	B	-0.17%
CMCSA	B	-0.17%
CDNS	B	-0.17%
EOG	A	-0.17%
HPQ	B	-0.17%
SBUX	A	-0.17%
KNX	B	-0.17%
WRB	A	-0.17%
AVB	B	-0.17%
HES	B	-0.17%
ORLY	B	-0.17%
ODFL	B	-0.17%
OVV	B	-0.17%
DGX	A	-0.17%
AIG	B	-0.17%
LHX	C	-0.17%
DE	A	-0.17%
DVA	B	-0.17%
IT	C	-0.17%
WEC	A	-0.17%
BR	A	-0.17%
IBM	C	-0.17%
NSC	B	-0.17%
IRM	D	-0.17%
HSIC	B	-0.17%
PFG	D	-0.17%
GPN	B	-0.17%
OTIS	C	-0.17%
H	B	-0.17%
CPRT	A	-0.17%
CARR	D	-0.17%
PPL	B	-0.17%
CAH	B	-0.17%
TGT	F	-0.17%
CHD	B	-0.17%
GGG	B	-0.17%
CTVA	C	-0.17%
BLDR	D	-0.17%
CVX	A	-0.17%
MKL	A	-0.17%
CSL	C	-0.17%
VTR	C	-0.17%
CF	B	-0.17%
KVUE	A	-0.17%
ITW	B	-0.17%
MLM	B	-0.17%
BRO	B	-0.17%
ALL	A	-0.17%
KEYS	A	-0.17%
CTRA	B	-0.17%
LII	A	-0.17%
CLX	B	-0.17%
HD	A	-0.17%
PM	B	-0.17%
L	A	-0.17%
MO	A	-0.17%
CTAS	B	-0.17%
SNAP	C	-0.17%
RS	B	-0.17%
WDAY	B	-0.17%
BRK.A	B	-0.17%
CHTR	C	-0.17%
TFC	A	-0.17%
DOV	A	-0.17%
AFG	A	-0.17%
EG	C	-0.16%
STZ	D	-0.16%
GEHC	F	-0.16%
MDT	D	-0.16%
ROP	B	-0.16%
SNOW	C	-0.16%
DOC	D	-0.16%
CBOE	B	-0.16%
ZBH	C	-0.16%
PSX	C	-0.16%
CTLT	B	-0.16%
ELS	C	-0.16%
UNH	C	-0.16%
AEP	D	-0.16%
MAS	D	-0.16%
ROL	B	-0.16%
WTRG	B	-0.16%
ICE	C	-0.16%
VRSN	F	-0.16%
DTE	C	-0.16%
HAL	C	-0.16%
WSM	B	-0.16%
K	A	-0.16%
DUK	C	-0.16%
PG	A	-0.16%
MCD	D	-0.16%
OMC	C	-0.16%
BIO	D	-0.16%
MMC	B	-0.16%
ECL	D	-0.16%
TSN	B	-0.16%
COP	C	-0.16%
MMM	D	-0.16%
CPT	B	-0.16%
EW	C	-0.16%
CTSH	B	-0.16%
PSA	D	-0.16%
NUE	C	-0.16%
VLO	C	-0.16%
RTX	C	-0.16%
WDC	D	-0.16%
FDX	B	-0.16%
COR	B	-0.16%
WST	C	-0.16%
WY	D	-0.16%
WCN	A	-0.16%
CCK	C	-0.16%
VICI	C	-0.16%
NVR	D	-0.16%
CMS	C	-0.16%
ILMN	D	-0.16%
COO	D	-0.16%
EIX	B	-0.16%
BBY	D	-0.16%
D	C	-0.16%
FCX	D	-0.16%
DD	D	-0.16%
FWONK	B	-0.16%
EQR	B	-0.16%
DXCM	D	-0.16%
SO	D	-0.16%
VZ	C	-0.16%
DT	C	-0.16%
EXC	C	-0.16%
CSX	B	-0.16%
NLY	C	-0.16%
DPZ	C	-0.16%
RSG	A	-0.16%
UPS	C	-0.16%
MAA	B	-0.16%
LH	C	-0.16%
AJG	B	-0.16%
MRO	B	-0.16%
TRU	D	-0.16%
DRI	B	-0.16%
NDSN	B	-0.16%
PHM	D	-0.16%
BURL	A	-0.16%
ANSS	B	-0.16%
ALLE	D	-0.16%
GLPI	C	-0.16%
EMN	D	-0.16%
ZS	C	-0.16%
VRSK	A	-0.16%
LDOS	C	-0.16%
FTV	C	-0.16%
SHW	A	-0.16%
ESS	B	-0.16%
ABT	B	-0.16%
ACN	C	-0.16%
SJM	D	-0.15%
VRTX	F	-0.15%
PLD	D	-0.15%
MPC	D	-0.15%
BBWI	D	-0.15%
AVY	D	-0.15%
TXT	D	-0.15%
ADI	D	-0.15%
ES	D	-0.15%
BG	F	-0.15%
BALL	D	-0.15%
PINS	D	-0.15%
UNP	C	-0.15%
KMX	B	-0.15%
CVS	D	-0.15%
PARA	C	-0.15%
CCI	D	-0.15%
CI	F	-0.15%
O	D	-0.15%
KMB	D	-0.15%
MOS	F	-0.15%
UBER	D	-0.15%
ROST	C	-0.15%
ACI	C	-0.15%
BDX	F	-0.15%
SUI	D	-0.15%
VLTO	D	-0.15%
GD	F	-0.15%
ZTS	D	-0.15%
ALGN	D	-0.15%
JNJ	D	-0.15%
MGM	D	-0.15%
FBIN	D	-0.15%
INVH	D	-0.15%
AZO	C	-0.15%
BEN	C	-0.15%
MKC	D	-0.15%
CSGP	D	-0.15%
LMT	D	-0.15%
SNPS	B	-0.15%
MELI	D	-0.15%
FE	C	-0.15%
FANG	D	-0.15%
WPC	D	-0.15%
AMH	D	-0.15%
NOC	D	-0.15%
TDG	D	-0.15%
YUM	B	-0.15%
TEL	B	-0.15%
NEE	D	-0.15%
PPG	F	-0.15%
AWK	D	-0.15%
ED	D	-0.15%
LEN	D	-0.15%
MCO	B	-0.15%
EQH	B	-0.15%
SYY	B	-0.15%
EXR	D	-0.15%
FERG	B	-0.15%
SLB	C	-0.15%
EXPD	D	-0.15%
CHRD	D	-0.14%
CAG	D	-0.14%
ALLY	C	-0.14%
DVN	F	-0.14%
KHC	F	-0.14%
PFE	D	-0.14%
NXPI	D	-0.14%
UHS	D	-0.14%
GPC	D	-0.14%
CPB	D	-0.14%
ON	D	-0.14%
NKE	D	-0.14%
AOS	F	-0.14%
GIS	D	-0.14%
KDP	D	-0.14%
DINO	D	-0.14%
ENTG	D	-0.14%
WLK	D	-0.14%
IPG	D	-0.14%
SWK	D	-0.14%
J	F	-0.14%
OXY	D	-0.14%
DKS	C	-0.14%
ADM	D	-0.14%
BAX	D	-0.14%
HCA	F	-0.14%
KO	D	-0.14%
MDLZ	F	-0.14%
DHI	D	-0.14%
IFF	D	-0.14%
TTC	D	-0.14%
ARE	D	-0.14%
BAH	F	-0.14%
JNPR	F	-0.14%
MU	D	-0.14%
UHAL	D	-0.14%
STE	F	-0.14%
AMCR	D	-0.14%
RVTY	F	-0.14%
CRL	C	-0.14%
XYL	D	-0.14%
HRL	D	-0.14%
LKQ	D	-0.14%
MCHP	D	-0.13%
MOH	F	-0.13%
PSTG	D	-0.13%
TFX	F	-0.13%
AMAT	F	-0.13%
EFX	F	-0.13%
MTCH	D	-0.13%
DOW	F	-0.13%
TMO	F	-0.13%
MRK	F	-0.13%
IDXX	F	-0.13%
NEM	D	-0.13%
FSLR	F	-0.13%
BA	F	-0.13%
DHR	F	-0.13%
AKAM	D	-0.13%
HSY	F	-0.13%
AMGN	D	-0.13%
LYB	F	-0.13%
CNC	D	-0.12%
FOXA	B	-0.12%
APTV	D	-0.12%
BIIB	F	-0.12%
KLAC	D	-0.12%
AVTR	F	-0.12%
RIVN	F	-0.12%
IQV	D	-0.12%
WBA	F	-0.12%
TER	D	-0.12%
CDW	F	-0.12%
HUM	C	-0.12%
LRCX	F	-0.12%
AES	F	-0.12%
SWKS	F	-0.12%
CELH	F	-0.11%
HEI	B	-0.11%
HII	D	-0.11%
EL	F	-0.11%
ELV	F	-0.11%
REGN	F	-0.1%
DG	F	-0.1%
DLTR	F	-0.1%
CE	F	-0.09%
HEI	B	-0.08%
ENPH	F	-0.08%
MRNA	F	-0.07%
SMCI	F	-0.07%
FOX	A	-0.06%