FTQI vs. FSMD ETF Comparison

Comparison of First Trust Low Beta Income ETF (FTQI) to Fidelity Small-Mid Factor ETF (FSMD)

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

FSMD

Fidelity Small-Mid Factor ETF

FSMD Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Small-Mid Factor Index℠. The fund normally invests at least 80% of its assets in securities included in the Fidelity Small-Mid Factor Index℠, which is designed to reflect the performance of stocks of small- and mid-capitalization U.S. companies with attractive valuations, high quality profiles, positive momentum signals, and lower volatility than the broader market, as represented by the Fidelity U.S. Extended Investable Market Index℠.

Grade (RS Rating)

Last Trade

$44.30

Average Daily Volume

86,159

Number of Holdings ^*

578

* may have additional holdings in another (foreign) market

Performance

Period	FTQI	FSMD
30 Days	2.45%	7.37%
60 Days	3.28%	7.55%
90 Days	5.53%	9.10%
12 Months	18.20%	35.46%

59 Overlapping Holdings

Symbol	Grade	Weight in FTQI	Weight in FSMD	Overlap
AAON	B	0.18%	0.25%	0.18%
BCPC	B	0.29%	0.16%	0.16%
BGC	C	0.39%	0.16%	0.16%
BSY	D	0.14%	0.26%	0.14%
CASY	A	0.43%	0.32%	0.32%
CHDN	B	0.14%	0.22%	0.14%
CHRW	C	0.18%	0.26%	0.18%
COKE	C	0.2%	0.16%	0.16%
CRVL	A	0.09%	0.15%	0.09%
CSWI	A	0.07%	0.18%	0.07%
CVCO	A	0.04%	0.15%	0.04%
CVLT	B	0.08%	0.2%	0.08%
DOX	D	0.17%	0.25%	0.17%
DUOL	A	0.48%	0.33%	0.33%
ENSG	D	0.14%	0.22%	0.14%
ERIE	D	0.22%	0.23%	0.22%
EWBC	A	0.28%	0.33%	0.28%
HALO	F	0.14%	0.21%	0.14%
IDCC	A	0.24%	0.18%	0.18%
IESC	B	0.31%	0.16%	0.16%
INCY	C	0.19%	0.3%	0.19%
KRYS	B	0.12%	0.15%	0.12%
LANC	C	0.12%	0.13%	0.12%
LECO	B	0.16%	0.26%	0.16%
LNTH	D	0.01%	0.16%	0.01%
LSTR	D	0.15%	0.17%	0.15%
MANH	D	0.2%	0.36%	0.2%
MASI	A	0.16%	0.23%	0.16%
MEDP	D	0.27%	0.21%	0.21%
MORN	B	0.28%	0.23%	0.23%
MTSI	B	0.23%	0.21%	0.21%
MUSA	A	0.16%	0.23%	0.16%
NBIX	C	0.21%	0.27%	0.21%
NOVT	D	0.18%	0.17%	0.17%
NTRA	B	0.2%	0.35%	0.2%
NWSA	B	0.05%	0.33%	0.05%
OLED	D	0.17%	0.18%	0.17%
OLLI	D	0.18%	0.16%	0.16%
OTTR	C	0.27%	0.13%	0.13%
PCVX	D	0.16%	0.26%	0.16%
REG	B	0.18%	0.27%	0.18%
REYN	D	0.01%	0.09%	0.01%
RGEN	D	0.02%	0.19%	0.02%
RGLD	C	0.13%	0.22%	0.13%
SFM	A	0.13%	0.33%	0.13%
SHOO	D	0.11%	0.13%	0.11%
SRPT	D	0.01%	0.23%	0.01%
STRL	B	0.24%	0.2%	0.2%
TTEK	F	0.13%	0.27%	0.13%
TW	A	0.05%	0.32%	0.05%
TWST	D	0.12%	0.11%	0.11%
UFPI	B	0.51%	0.19%	0.19%
UFPT	B	0.11%	0.12%	0.11%
UMBF	B	0.24%	0.18%	0.18%
UTHR	C	0.18%	0.38%	0.18%
VRNS	D	0.18%	0.16%	0.16%
WFRD	D	0.31%	0.18%	0.18%
WWD	B	0.25%	0.24%	0.24%
ZION	B	0.18%	0.23%	0.18%

FTQI Overweight 136 Positions Relative to FSMD

Symbol	Grade	Weight
AAPL	C	9.03%
MSFT	F	8.03%
NVDA	C	5.22%
AMZN	C	4.39%
META	D	4.15%
AVGO	D	4.07%
TSLA	B	3.05%
COST	B	2.64%
NFLX	A	2.4%
GOOG	C	1.87%
GOOGL	C	1.87%
TMUS	B	1.78%
CSCO	B	1.56%
TXN	C	1.54%
AMD	F	1.45%
PEP	F	1.45%
INTU	C	1.32%
EQIX	A	1.25%
ADBE	C	1.22%
LIN	D	1.19%
QCOM	F	1.11%
CME	A	0.96%
LLY	F	0.9%
NTAP	C	0.79%
ORCL	B	0.75%
CHKP	D	0.72%
SPGI	C	0.6%
CRM	B	0.58%
APH	A	0.58%
MGEE	C	0.58%
APP	B	0.52%
PTC	A	0.5%
LNT	A	0.49%
NOW	A	0.46%
TYL	B	0.4%
WMT	A	0.39%
STX	D	0.38%
ZBRA	B	0.37%
CG	A	0.37%
NDAQ	A	0.36%
A	D	0.34%
ANET	C	0.29%
PAGP	A	0.29%
TSCO	D	0.28%
SBAC	D	0.28%
SNY	F	0.28%
PNFP	B	0.27%
AMT	D	0.27%
EVRG	A	0.26%
SOFI	A	0.26%
LITE	B	0.25%
AXON	A	0.25%
ICLR	D	0.25%
CYBR	B	0.24%
V	A	0.24%
UPST	B	0.24%
COIN	C	0.24%
HOOD	B	0.23%
MSI	B	0.22%
RVMD	C	0.22%
PTEN	C	0.22%
EXPE	B	0.22%
PODD	C	0.2%
DJT	C	0.2%
MPWR	F	0.2%
FFIV	B	0.2%
SAIA	B	0.2%
NTRS	A	0.19%
CL	D	0.19%
FCNCA	A	0.18%
HBAN	A	0.18%
ICUI	D	0.18%
MKSI	C	0.18%
TRMB	B	0.18%
GH	B	0.17%
CINF	A	0.17%
MDGL	B	0.17%
SSNC	B	0.17%
ABBV	D	0.17%
EBAY	D	0.17%
WIX	B	0.16%
ARGX	A	0.16%
ITRI	B	0.16%
JAZZ	B	0.16%
BNTX	D	0.16%
FITB	A	0.16%
WTW	B	0.16%
XOM	B	0.15%
CAT	B	0.15%
POOL	C	0.15%
AXP	A	0.15%
JBHT	C	0.15%
FRPT	B	0.14%
PH	A	0.14%
RMD	C	0.14%
ETN	A	0.14%
PGR	A	0.14%
ULTA	F	0.14%
MKTX	D	0.13%
TECH	D	0.13%
MIDD	C	0.13%
MRUS	F	0.13%
WAT	B	0.13%
CYTK	F	0.13%
VEEV	C	0.13%
VMC	B	0.13%
GE	D	0.12%
VKTX	F	0.12%
ALNY	D	0.12%
ROIV	C	0.12%
LOW	D	0.12%
MTD	D	0.11%
WM	A	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%
BMRN	D	0.06%
ASND	D	0.05%
ACGL	D	0.05%
GEV	B	0.05%
APA	D	0.03%
QRVO	F	0.03%
OKTA	C	0.02%
RXST	F	0.01%
TMDX	F	0.01%
ACHC	F	0.01%
LEGN	F	0.01%
ACLS	F	0.01%
APLS	D	0.01%
XRAY	F	0.01%
EXAS	D	0.01%
RPRX	D	0.01%

FTQI Underweight 519 Positions Relative to FSMD

Symbol	Grade	Weight
TPL	A	-0.57%
EME	C	-0.46%
LYV	A	-0.42%
IBKR	A	-0.42%
NRG	B	-0.41%
NTNX	A	-0.38%
LII	A	-0.37%
SNA	A	-0.37%
GWRE	A	-0.35%
RPM	A	-0.35%
THC	D	-0.34%
PNR	A	-0.34%
FIX	A	-0.34%
TOL	B	-0.33%
WSO	A	-0.33%
OC	A	-0.32%
EQH	B	-0.32%
RGA	A	-0.31%
L	A	-0.31%
CW	B	-0.31%
ACM	A	-0.31%
GGG	B	-0.3%
RNR	C	-0.3%
PSTG	D	-0.3%
SF	B	-0.29%
ROL	B	-0.29%
TXRH	C	-0.29%
FTI	A	-0.29%
UNM	A	-0.29%
CPT	B	-0.28%
DOCS	C	-0.28%
TPR	B	-0.28%
NDSN	B	-0.28%
EXEL	B	-0.28%
ELS	C	-0.28%
DTM	B	-0.28%
SCI	B	-0.28%
SW	A	-0.28%
UHS	D	-0.27%
ATR	B	-0.27%
EVR	B	-0.27%
CLH	B	-0.27%
JLL	D	-0.27%
CACI	D	-0.27%
JNPR	F	-0.27%
PRI	A	-0.26%
LAMR	D	-0.26%
BXP	D	-0.26%
ALLE	D	-0.26%
WBS	A	-0.26%
BWXT	B	-0.26%
OWL	A	-0.26%
AMH	D	-0.26%
CIEN	B	-0.26%
FHN	A	-0.26%
NVT	B	-0.26%
AIZ	A	-0.26%
ITT	A	-0.26%
ALSN	B	-0.25%
AIT	A	-0.25%
EXP	A	-0.25%
HLI	B	-0.25%
SOLV	C	-0.25%
EHC	B	-0.25%
WAL	B	-0.25%
MLI	C	-0.25%
DKS	C	-0.25%
BJ	A	-0.25%
TAP	C	-0.25%
OGE	B	-0.24%
NYT	C	-0.24%
BLD	D	-0.24%
OHI	C	-0.24%
INGR	B	-0.24%
BRBR	A	-0.24%
AYI	B	-0.24%
KNSL	B	-0.24%
CUBE	D	-0.24%
GMED	A	-0.24%
CMA	A	-0.24%
HLNE	B	-0.23%
PLNT	A	-0.23%
AFG	A	-0.23%
ORI	A	-0.23%
CNX	A	-0.23%
SNV	B	-0.23%
TPX	B	-0.23%
FN	D	-0.23%
GL	B	-0.23%
JXN	C	-0.22%
ADMA	B	-0.22%
SNX	C	-0.22%
BRX	A	-0.22%
SEIC	B	-0.22%
DVA	B	-0.22%
RL	B	-0.22%
VOYA	B	-0.22%
CBSH	A	-0.22%
ALLY	C	-0.22%
WING	D	-0.22%
WH	B	-0.22%
WTFC	A	-0.22%
QTWO	A	-0.21%
CORT	B	-0.21%
CR	A	-0.21%
GPK	C	-0.21%
HSIC	B	-0.21%
EXLS	B	-0.21%
EWTX	C	-0.21%
ONTO	D	-0.21%
TFX	F	-0.21%
GKOS	B	-0.21%
AXTA	A	-0.21%
RBC	A	-0.21%
HRB	D	-0.21%
FRT	B	-0.21%
CHE	D	-0.21%
DCI	B	-0.21%
ELAN	D	-0.2%
CRBG	B	-0.2%
RHI	B	-0.2%
MMSI	B	-0.2%
SKX	D	-0.2%
TMHC	B	-0.2%
CPB	D	-0.2%
FLS	B	-0.2%
SAIC	F	-0.2%
ESAB	B	-0.2%
CHRD	D	-0.2%
REXR	F	-0.2%
RLI	B	-0.2%
MTCH	D	-0.2%
HRL	D	-0.2%
ADC	B	-0.2%
BWA	D	-0.2%
RDNT	B	-0.2%
G	B	-0.2%
R	B	-0.19%
CMC	B	-0.19%
MHK	D	-0.19%
WMS	D	-0.19%
AXS	A	-0.19%
ANF	C	-0.19%
BMI	B	-0.19%
ACIW	B	-0.19%
ALV	C	-0.19%
ACI	C	-0.19%
KD	B	-0.19%
COOP	B	-0.19%
TTC	D	-0.19%
PRCT	B	-0.19%
AOS	F	-0.19%
BERY	B	-0.19%
ACLX	C	-0.19%
DBX	B	-0.19%
NNN	D	-0.19%
WMG	C	-0.18%
SUM	B	-0.18%
OSK	B	-0.18%
ESTC	C	-0.18%
TREX	C	-0.18%
DINO	D	-0.18%
VNT	B	-0.18%
HIMS	B	-0.18%
CBT	C	-0.18%
SN	D	-0.18%
FR	C	-0.18%
SIGI	C	-0.18%
POWL	C	-0.18%
MGY	A	-0.18%
PIPR	B	-0.18%
MTG	C	-0.18%
VMI	B	-0.18%
AWI	A	-0.18%
SSD	D	-0.18%
ALTR	B	-0.18%
BPOP	B	-0.18%
GNTX	C	-0.18%
NFG	A	-0.18%
THG	A	-0.18%
OMF	A	-0.18%
MTN	C	-0.18%
TDS	B	-0.18%
NXST	C	-0.17%
KTB	B	-0.17%
ITGR	B	-0.17%
MATX	C	-0.17%
FTDR	A	-0.17%
DORM	B	-0.17%
SLM	A	-0.17%
ESNT	D	-0.17%
LRN	A	-0.17%
FCN	D	-0.17%
AMG	B	-0.17%
AROC	B	-0.17%
PI	D	-0.17%
BPMC	C	-0.17%
GPI	A	-0.17%
QLYS	C	-0.17%
MTH	D	-0.17%
BFAM	D	-0.17%
HII	D	-0.17%
MOG.A	B	-0.17%
KNF	A	-0.17%
STAG	F	-0.17%
BYD	C	-0.17%
ESI	A	-0.17%
CEIX	A	-0.17%
EPRT	B	-0.17%
SPSC	C	-0.17%
CROX	D	-0.16%
POST	C	-0.16%
TGNA	B	-0.16%
ABG	B	-0.16%
CNO	A	-0.16%
VVV	F	-0.16%
ZETA	D	-0.16%
ZD	C	-0.16%
HAE	C	-0.16%
AGX	B	-0.16%
PEGA	A	-0.16%
ALE	A	-0.16%
CUZ	B	-0.16%
APPF	B	-0.16%
AX	A	-0.16%
ASB	B	-0.16%
PBH	A	-0.16%
PRIM	A	-0.16%
SKYW	B	-0.16%
OZK	B	-0.16%
MSA	D	-0.16%
BKH	A	-0.16%
KBH	D	-0.16%
ZWS	B	-0.16%
ROAD	A	-0.16%
ARW	D	-0.16%
CNM	D	-0.16%
GEO	B	-0.16%
LOPE	B	-0.16%
UGI	A	-0.16%
ALKS	B	-0.16%
PLXS	B	-0.16%
MIR	A	-0.15%
SEM	B	-0.15%
FULT	A	-0.15%
NWE	B	-0.15%
IBOC	A	-0.15%
KRC	C	-0.15%
MMS	F	-0.15%
AGCO	D	-0.15%
VIRT	B	-0.15%
FHI	A	-0.15%
ASGN	F	-0.15%
KAI	A	-0.15%
ACA	A	-0.15%
CALM	A	-0.15%
AXNX	C	-0.15%
DXC	B	-0.15%
GHC	C	-0.15%
EEFT	B	-0.15%
DY	D	-0.15%
TNL	A	-0.15%
TENB	C	-0.15%
CPRX	C	-0.15%
BRKR	D	-0.15%
WTS	B	-0.15%
PSN	D	-0.15%
CRUS	D	-0.15%
PJT	A	-0.15%
BCC	B	-0.15%
SANM	B	-0.15%
AVT	C	-0.15%
SR	A	-0.15%
CTRE	D	-0.15%
CRNX	C	-0.15%
CATY	B	-0.15%
BTU	B	-0.15%
RDN	C	-0.15%
FBP	B	-0.14%
SLVM	B	-0.14%
PRGS	A	-0.14%
NHI	D	-0.14%
VCTR	B	-0.14%
APAM	B	-0.14%
SUPN	C	-0.14%
VCEL	B	-0.14%
YELP	C	-0.14%
USLM	A	-0.14%
MWA	B	-0.14%
ESGR	B	-0.14%
CXW	B	-0.14%
ENVA	B	-0.14%
WDFC	B	-0.14%
DLB	B	-0.14%
MHO	D	-0.14%
ATGE	B	-0.14%
SLGN	A	-0.14%
CHH	A	-0.14%
IBP	D	-0.14%
EXPO	D	-0.14%
IDT	B	-0.14%
SON	D	-0.14%
SMLR	B	-0.14%
FSS	B	-0.14%
CIVI	D	-0.14%
WKC	D	-0.13%
SXT	B	-0.13%
LGND	B	-0.13%
PLMR	B	-0.13%
HOG	D	-0.13%
HCC	B	-0.13%
NMIH	D	-0.13%
CBZ	B	-0.13%
BNL	D	-0.13%
MSM	C	-0.13%
FUL	F	-0.13%
SKWD	A	-0.13%
ARCH	B	-0.13%
NEU	C	-0.13%
WEN	D	-0.13%
TKR	D	-0.13%
PHIN	A	-0.13%
CASH	A	-0.13%
DEI	B	-0.13%
LMAT	A	-0.13%
NSIT	F	-0.13%
ASO	F	-0.13%
AN	C	-0.13%
AVA	A	-0.13%
HIW	D	-0.13%
UE	C	-0.13%
FLO	D	-0.13%
RUSHA	C	-0.13%
KFY	B	-0.13%
GPOR	B	-0.13%
GTES	A	-0.13%
BFH	B	-0.13%
SNEX	B	-0.13%
AGR	B	-0.13%
TPH	D	-0.13%
GNW	A	-0.13%
FELE	B	-0.13%
IOSP	B	-0.12%
ASH	D	-0.12%
AEO	F	-0.12%
TPB	B	-0.12%
FORM	D	-0.12%
OSIS	B	-0.12%
CTS	C	-0.12%
ICFI	F	-0.12%
LBRT	D	-0.12%
PAHC	C	-0.12%
NSA	D	-0.12%
AMPH	D	-0.12%
PAG	B	-0.12%
ADUS	D	-0.12%
OGN	D	-0.12%
ENS	D	-0.12%
USM	B	-0.12%
PPC	C	-0.12%
CHCO	B	-0.12%
PBF	D	-0.12%
PLUS	F	-0.12%
BRC	D	-0.12%
AMRX	C	-0.12%
PATK	D	-0.12%
HMN	B	-0.12%
QCRH	A	-0.12%
AMED	F	-0.12%
BCO	D	-0.12%
EPAC	B	-0.12%
WSBC	A	-0.12%
VSTO	A	-0.12%
MCY	A	-0.12%
COLM	B	-0.12%
WU	D	-0.12%
PINC	B	-0.12%
WLK	D	-0.12%
HCKT	B	-0.11%
UVSP	B	-0.11%
PLAB	C	-0.11%
AMAL	B	-0.11%
LZB	B	-0.11%
AZZ	B	-0.11%
CPF	A	-0.11%
HNI	B	-0.11%
NHC	C	-0.11%
AMKR	D	-0.11%
APOG	B	-0.11%
GIII	D	-0.11%
GOLF	B	-0.11%
VRRM	D	-0.11%
PFBC	B	-0.11%
HCI	C	-0.11%
WABC	B	-0.11%
LTC	B	-0.11%
EQC	B	-0.11%
BKE	B	-0.11%
SHO	C	-0.11%
CTBI	B	-0.11%
EIG	B	-0.11%
HWKN	B	-0.11%
SBH	C	-0.11%
STRA	C	-0.11%
CXT	B	-0.11%
UNF	B	-0.11%
SPOK	C	-0.11%
OFG	B	-0.11%
ALRM	C	-0.11%
HUBG	A	-0.11%
ADTN	A	-0.11%
BHE	B	-0.11%
MGRC	B	-0.11%
PLTK	B	-0.11%
MCB	B	-0.11%
MTX	B	-0.11%
ATEN	B	-0.11%
GNE	D	-0.1%
DDS	B	-0.1%
ASTH	D	-0.1%
TPC	C	-0.1%
CUBI	C	-0.1%
UTI	A	-0.1%
KURA	F	-0.1%
DEA	D	-0.1%
INSW	F	-0.1%
SCSC	B	-0.1%
UVE	B	-0.1%
ACT	D	-0.1%
ROCK	C	-0.1%
THFF	B	-0.1%
SPNT	A	-0.1%
USPH	B	-0.1%
LEVI	F	-0.1%
MDU	D	-0.1%
AAT	B	-0.1%
URBN	C	-0.1%
PDM	D	-0.1%
SRCE	B	-0.1%
HSTM	B	-0.1%
WINA	B	-0.1%
SXC	A	-0.1%
AMR	C	-0.1%
IBCP	B	-0.1%
MSBI	B	-0.1%
STNG	F	-0.1%
REX	D	-0.1%
UTL	B	-0.1%
MCRI	A	-0.1%
CSV	B	-0.1%
CRAI	B	-0.1%
PRDO	B	-0.1%
SIRI	C	-0.1%
PEBO	A	-0.1%
INVA	D	-0.1%
XHR	B	-0.1%
ZYXI	D	-0.09%
CNXN	C	-0.09%
UTMD	F	-0.09%
MLR	B	-0.09%
PGRE	F	-0.09%
CWCO	C	-0.09%
INFA	D	-0.09%
KLG	C	-0.09%
CFB	B	-0.09%
SMP	B	-0.09%
FF	D	-0.09%
FIZZ	C	-0.09%
HSII	B	-0.09%
WSR	A	-0.09%
SCHL	D	-0.09%
ANIP	F	-0.09%
OLP	B	-0.09%
BBSI	B	-0.09%
CASS	B	-0.09%
UPBD	B	-0.09%
ALX	D	-0.08%
NVEC	C	-0.08%
LPG	F	-0.08%
VECO	F	-0.08%
AMCX	C	-0.08%
OSUR	F	-0.08%
IMKTA	C	-0.08%
TNC	D	-0.08%
ETD	C	-0.08%
SCS	C	-0.08%
STAA	F	-0.08%
COLL	F	-0.08%
VNDA	C	-0.08%
SSTK	F	-0.08%
EGY	D	-0.08%
SCVL	F	-0.08%
HCSG	C	-0.08%
VSH	D	-0.08%
ANDE	D	-0.08%
CNXC	F	-0.07%
SIGA	F	-0.07%
CECO	A	-0.07%
BRY	F	-0.07%
NSSC	D	-0.07%
METC	C	-0.07%
EBF	F	-0.07%
JBSS	D	-0.07%
NPK	B	-0.07%
KRT	A	-0.07%
RMR	F	-0.07%
HE	C	-0.07%
SLP	D	-0.07%
KFRC	D	-0.07%
TRNS	D	-0.07%
IMMR	C	-0.06%
GIC	D	-0.06%
MRVI	F	-0.06%
ASC	F	-0.06%
PANL	F	-0.06%
AMN	F	-0.05%
KELYA	F	-0.05%
CLW	F	-0.04%
JBI	F	-0.04%