FTQI vs. FHLC ETF Comparison

Comparison of First Trust Low Beta Income ETF (FTQI) to Fidelity MSCI Health Care Index ETF (FHLC)

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

$20.39

Average Daily Volume

116,392

Number of Holdings ^*

194

* may have additional holdings in another (foreign) market

FHLC

Fidelity MSCI Health Care Index ETF

FHLC Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Health Care Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Health Care Index, which represents the performance of the health care sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Health Care Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$72.34

Average Daily Volume

131,520

Number of Holdings ^*

327

* may have additional holdings in another (foreign) market

Performance

Period	FTQI	FHLC
30 Days	2.55%	-1.31%
60 Days	3.27%	2.25%
90 Days	1.85%	5.81%
12 Months	20.52%	20.09%

43 Overlapping Holdings

Symbol	Grade	Weight in FTQI	Weight in FHLC	Overlap
A	C	0.38%	0.62%	0.38%
ABBV	B	0.2%	5.2%	0.2%
ACHC	D	0.15%	0.11%	0.11%
ALNY	C	0.14%	0.53%	0.14%
APLS	F	0.14%	0.04%	0.04%
BMRN	F	0.23%	0.2%	0.2%
CRVL	B	0.09%	0.05%	0.05%
CYTK	F	0.15%	0.09%	0.09%
ENSG	D	0.15%	0.13%	0.13%
EXAS	D	0.17%	0.2%	0.17%
GH	F	0.14%	0.05%	0.05%
HALO	D	0.19%	0.12%	0.12%
HOLX	D	0.1%	0.29%	0.1%
ICUI	C	0.19%	0.06%	0.06%
INCY	C	0.16%	0.16%	0.16%
JAZZ	D	0.15%	0.1%	0.1%
KRYS	D	0.13%	0.06%	0.06%
LLY	D	1.13%	11.34%	1.13%
LNTH	D	0.15%	0.12%	0.12%
MASI	C	0.11%	0.08%	0.08%
MDGL	F	0.14%	0.05%	0.05%
MEDP	F	0.34%	0.15%	0.15%
MRUS	D	0.14%	0.03%	0.03%
MTD	C	0.14%	0.46%	0.14%
NBIX	F	0.23%	0.18%	0.18%
NTRA	C	0.17%	0.23%	0.17%
PCVX	C	0.22%	0.16%	0.16%
PODD	C	0.18%	0.25%	0.18%
RGEN	F	0.02%	0.12%	0.02%
RMD	C	0.14%	0.55%	0.14%
RPRX	C	0.14%	0.16%	0.14%
RVMD	C	0.18%	0.08%	0.08%
RXST	D	0.02%	0.03%	0.02%
SRPT	F	0.13%	0.16%	0.13%
TECH	C	0.15%	0.19%	0.15%
TMDX	C	0.14%	0.08%	0.08%
TWST	D	0.16%	0.04%	0.04%
UFPT	D	0.13%	0.04%	0.04%
UTHR	B	0.17%	0.23%	0.17%
VEEV	C	0.13%	0.5%	0.13%
VKTX	D	0.16%	0.11%	0.11%
WAT	B	0.12%	0.3%	0.12%
XRAY	D	0.16%	0.08%	0.08%

FTQI Overweight 151 Positions Relative to FHLC

Symbol	Grade	Weight
AAPL	C	9.22%
MSFT	C	8.53%
NVDA	C	4.62%
AVGO	C	4.42%
META	B	4.39%
AMZN	C	4.32%
COST	C	2.64%
TSLA	C	2.33%
NFLX	B	2.07%
GOOGL	D	1.77%
AMD	C	1.77%
GOOG	D	1.76%
TXN	B	1.6%
PEP	D	1.6%
ADBE	F	1.54%
TMUS	B	1.51%
CSCO	B	1.41%
QCOM	D	1.26%
INTU	D	1.26%
LIN	B	1.25%
EQIX	B	1.23%
CME	B	0.92%
NTAP	D	0.81%
CHKP	B	0.8%
ORCL	B	0.69%
SPGI	C	0.63%
OTTR	F	0.54%
APH	C	0.54%
UFPI	C	0.53%
MGEE	C	0.51%
CRM	C	0.48%
PTC	C	0.48%
LNT	A	0.48%
DUOL	C	0.42%
NOW	C	0.42%
ICLR	F	0.42%
STX	B	0.41%
TYL	C	0.39%
CASY	D	0.39%
WFRD	F	0.38%
BGC	D	0.37%
WMT	B	0.36%
SNY	B	0.35%
ZBRA	B	0.35%
APA	F	0.34%
NDAQ	C	0.34%
CG	C	0.33%
AMT	C	0.33%
MPWR	B	0.33%
SBAC	C	0.31%
BCPC	C	0.3%
ANET	C	0.3%
PAGP	D	0.3%
TRMD	D	0.3%
ERIE	B	0.29%
TSCO	B	0.28%
MORN	C	0.27%
EVRG	B	0.25%
OLED	D	0.24%
PTEN	F	0.24%
WWD	C	0.24%
EWBC	C	0.23%
PNFP	C	0.22%
CL	C	0.22%
V	C	0.22%
IESC	B	0.22%
APP	C	0.22%
MKSI	F	0.21%
CYBR	B	0.21%
UMBF	C	0.21%
OLLI	C	0.2%
ASND	C	0.2%
MTSI	C	0.2%
MANH	B	0.2%
COKE	C	0.2%
STRL	C	0.2%
VRNS	B	0.2%
LITE	B	0.19%
FFIV	B	0.19%
BNTX	C	0.19%
MSI	B	0.19%
DOX	C	0.18%
EBAY	B	0.18%
SSNC	C	0.18%
EXPE	C	0.18%
SAIA	D	0.18%
IDCC	B	0.18%
NOVT	D	0.18%
HOOD	C	0.17%
QRVO	F	0.17%
CHRW	B	0.17%
REG	C	0.17%
POOL	C	0.16%
TRMB	C	0.16%
ULTA	D	0.16%
SOFI	D	0.16%
NTRS	C	0.16%
AXON	B	0.16%
ZION	D	0.15%
CHDN	D	0.15%
JBHT	D	0.15%
LSTR	D	0.15%
CINF	C	0.15%
ITRI	C	0.15%
HBAN	B	0.15%
TTEK	C	0.15%
BSY	C	0.15%
FITB	B	0.15%
MUSA	D	0.15%
ARGX	B	0.15%
FCNCA	D	0.15%
WTW	B	0.15%
MIDD	C	0.14%
AAON	B	0.14%
PGR	C	0.14%
ACLS	F	0.14%
WIX	C	0.14%
UPST	C	0.14%
AXP	B	0.14%
LECO	D	0.14%
XOM	D	0.14%
CAT	B	0.14%
ETN	C	0.13%
FRPT	C	0.13%
LEGN	F	0.13%
RGLD	C	0.13%
COIN	F	0.13%
LOW	B	0.12%
LANC	F	0.12%
VMC	C	0.12%
PH	B	0.12%
SHOO	B	0.12%
MKTX	D	0.12%
GE	C	0.12%
DJT	F	0.11%
LOGI	D	0.11%
TROW	C	0.1%
SFM	B	0.1%
WM	D	0.1%
MMYT	D	0.09%
CVLT	B	0.08%
BL	D	0.08%
DOCU	C	0.07%
ACGL	B	0.06%
CSWI	B	0.06%
TW	B	0.05%
OKTA	F	0.05%
GEV	B	0.04%
CVCO	B	0.04%
NWSA	D	0.04%
REYN	C	0.01%

FTQI Underweight 284 Positions Relative to FHLC

Symbol	Grade	Weight
UNH	C	-8.06%
JNJ	C	-6.02%
MRK	F	-4.52%
TMO	B	-3.57%
ABT	C	-3.01%
DHR	B	-2.77%
AMGN	D	-2.76%
ISRG	C	-2.63%
PFE	D	-2.54%
SYK	C	-1.91%
ELV	D	-1.91%
REGN	D	-1.89%
BSX	B	-1.88%
VRTX	D	-1.83%
MDT	B	-1.75%
GILD	B	-1.59%
CI	C	-1.54%
BMY	C	-1.53%
ZTS	B	-1.34%
HCA	B	-1.21%
CVS	D	-1.1%
BDX	D	-1.03%
MCK	F	-1.0%
IQV	D	-0.67%
IDXX	D	-0.64%
CNC	D	-0.62%
EW	F	-0.61%
GEHC	B	-0.6%
HUM	F	-0.57%
BIIB	F	-0.44%
DXCM	F	-0.43%
CAH	C	-0.42%
STE	B	-0.36%
WST	D	-0.34%
MRNA	F	-0.33%
ZBH	F	-0.33%
ILMN	D	-0.32%
MOH	D	-0.31%
BAX	C	-0.3%
ALGN	D	-0.28%
AVTR	C	-0.28%
DGX	B	-0.26%
THC	C	-0.25%
UHS	C	-0.22%
VTRS	D	-0.21%
INSM	D	-0.18%
CTLT	B	-0.17%
TFX	B	-0.17%
SOLV	D	-0.16%
CRL	F	-0.16%
HSIC	C	-0.14%
EHC	B	-0.14%
CHE	C	-0.13%
DVA	B	-0.13%
GMED	D	-0.12%
HQY	C	-0.11%
ELAN	D	-0.11%
EXEL	C	-0.11%
BRKR	D	-0.11%
PEN	D	-0.11%
ITCI	D	-0.11%
INSP	D	-0.1%
GKOS	C	-0.1%
BIO	C	-0.1%
IONS	F	-0.09%
MMSI	C	-0.09%
OGN	D	-0.08%
BPMC	F	-0.08%
OPCH	C	-0.08%
ITGR	C	-0.07%
RDNT	B	-0.07%
ADMA	C	-0.07%
DOCS	B	-0.07%
ALKS	D	-0.07%
RARE	C	-0.07%
PBH	C	-0.06%
TGTX	C	-0.06%
PRGO	F	-0.06%
HAE	D	-0.06%
CRSP	F	-0.06%
SEM	D	-0.06%
DNLI	C	-0.06%
CORT	B	-0.06%
PRCT	C	-0.06%
AXSM	C	-0.05%
BBIO	F	-0.05%
EVH	D	-0.05%
NUVL	D	-0.05%
AMED	D	-0.05%
NVST	D	-0.05%
AXNX	B	-0.05%
RNA	D	-0.05%
CRNX	D	-0.05%
NEOG	D	-0.05%
ARWR	F	-0.04%
HIMS	D	-0.04%
AGIO	D	-0.04%
SHC	C	-0.04%
RCM	C	-0.04%
ADUS	C	-0.04%
ENOV	F	-0.04%
IDYA	F	-0.04%
RYTM	C	-0.04%
CLDX	F	-0.04%
AZTA	F	-0.04%
FOLD	F	-0.04%
MYGN	D	-0.04%
ASTH	B	-0.04%
PTCT	C	-0.04%
XENE	F	-0.04%
VCYT	C	-0.04%
LIVN	D	-0.04%
ACLX	C	-0.04%
TNDM	D	-0.04%
KYMR	C	-0.03%
AMN	F	-0.03%
PDCO	F	-0.03%
ACAD	F	-0.03%
SUPN	D	-0.03%
NHC	D	-0.03%
BEAM	F	-0.03%
MNKD	C	-0.03%
NVCR	F	-0.03%
PRVA	F	-0.03%
LMAT	B	-0.03%
LGND	D	-0.03%
SWTX	F	-0.03%
AMPH	D	-0.03%
DYN	D	-0.03%
NTLA	F	-0.03%
IOVA	F	-0.03%
OMCL	C	-0.03%
PTGX	C	-0.03%
NEO	F	-0.03%
PINC	D	-0.03%
GERN	D	-0.03%
TXG	D	-0.03%
VCEL	F	-0.03%
FTRE	F	-0.03%
IRTC	F	-0.03%
CPRX	C	-0.03%
SGRY	D	-0.03%
NARI	F	-0.03%
CNMD	D	-0.03%
TVTX	C	-0.02%
ANIP	F	-0.02%
JANX	D	-0.02%
ARQT	D	-0.02%
PNTG	C	-0.02%
ALHC	C	-0.02%
EWTX	C	-0.02%
AMRX	C	-0.02%
AGL	F	-0.02%
INVA	C	-0.02%
AVNS	C	-0.02%
LBPH	D	-0.02%
CLOV	D	-0.02%
OMI	D	-0.02%
IART	F	-0.02%
STAA	D	-0.02%
HRMY	B	-0.02%
CERT	F	-0.02%
ARVN	F	-0.02%
VRDN	B	-0.02%
RXRX	F	-0.02%
SDGR	F	-0.02%
USPH	F	-0.02%
BKD	D	-0.02%
COLL	C	-0.02%
RCKT	F	-0.02%
XNCR	D	-0.02%
PHR	F	-0.02%
HROW	C	-0.02%
SAVA	D	-0.02%
AKRO	D	-0.02%
ATRC	D	-0.02%
MIRM	D	-0.02%
SNDX	F	-0.02%
DVAX	D	-0.02%
NRIX	D	-0.02%
ARDX	D	-0.02%
PGNY	F	-0.02%
CDNA	C	-0.02%
TDOC	D	-0.02%
TLRY	F	-0.02%
BCRX	D	-0.02%
VERA	C	-0.02%
IMVT	F	-0.02%
KROS	C	-0.02%
NVAX	D	-0.02%
PLSE	D	-0.01%
MNMD	F	-0.01%
SAGE	F	-0.01%
FDMT	F	-0.01%
FATE	F	-0.01%
IRMD	B	-0.01%
REPL	C	-0.01%
ORIC	C	-0.01%
SIGA	F	-0.01%
URGN	F	-0.01%
STOK	D	-0.01%
OABI	F	-0.01%
ALEC	F	-0.01%
ALLO	D	-0.01%
CYRX	F	-0.01%
YMAB	D	-0.01%
VREX	F	-0.01%
NUVB	F	-0.01%
HUMA	D	-0.01%
PACB	D	-0.01%
OLMA	F	-0.01%
ELVN	C	-0.01%
EYPT	F	-0.01%
SRRK	F	-0.01%
SVRA	D	-0.01%
PAHC	C	-0.01%
FLGT	F	-0.01%
WVE	C	-0.01%
RGNX	F	-0.01%
KIDS	F	-0.01%
ERAS	D	-0.01%
ARCT	D	-0.01%
LQDA	F	-0.01%
CCRN	F	-0.01%
OPK	D	-0.01%
ANAB	D	-0.01%
QTRX	F	-0.01%
SLP	F	-0.01%
SPRY	C	-0.01%
GDRX	F	-0.01%
ALT	F	-0.01%
SANA	F	-0.01%
ETNB	F	-0.01%
ABUS	D	-0.01%
SIBN	F	-0.01%
CTKB	F	-0.01%
RVNC	D	-0.01%
PLRX	F	-0.01%
IMNM	F	-0.01%
OFIX	D	-0.01%
IRWD	F	-0.01%
ATEC	F	-0.01%
CGON	C	-0.01%
MLAB	C	-0.01%
PCRX	F	-0.01%
COGT	C	-0.01%
CGEM	F	-0.01%
PHAT	C	-0.01%
HSTM	D	-0.01%
CDMO	C	-0.01%
VIR	F	-0.01%
MDXG	F	-0.01%
PRTA	F	-0.01%
EOLS	C	-0.01%
ESTA	D	-0.01%
CYH	C	-0.01%
RCUS	D	-0.01%
PETQ	B	-0.01%
CSTL	D	-0.01%
IRON	C	-0.01%
DAWN	D	-0.01%
RLAY	F	-0.01%
EMBC	D	-0.01%
OCUL	D	-0.01%
LFST	C	-0.01%
TARS	D	-0.01%
MD	C	-0.01%
MRVI	D	-0.01%
KURA	D	-0.01%
AUPH	C	-0.01%
BLFS	D	-0.01%
AHCO	C	-0.01%
LYEL	D	-0.0%
DH	F	-0.0%
TMCI	F	-0.0%
ITOS	F	-0.0%
TRDA	D	-0.0%
LXRX	F	-0.0%
TBPH	F	-0.0%
FNA	F	-0.0%
EDIT	F	-0.0%
VERV	F	-0.0%
TYRA	C	-0.0%
NRC	D	-0.0%