FTQI vs. GARP ETF Comparison

Comparison of First Trust Low Beta Income ETF (FTQI) to iShares MSCI USA Quality GARP ETF (GARP)

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

GARP

iShares MSCI USA Quality GARP ETF

GARP Description

Grade (RS Rating)

Last Trade

$55.77

Average Daily Volume

45,422

Number of Holdings ^*

145

* may have additional holdings in another (foreign) market

Performance

Period	FTQI	GARP
30 Days	2.45%	6.13%
60 Days	3.28%	5.15%
90 Days	5.53%	6.86%
12 Months	18.20%	42.31%

43 Overlapping Holdings

Symbol	Grade	Weight in FTQI	Weight in GARP	Overlap
AAPL	C	9.03%	4.72%	4.72%
ACGL	D	0.05%	0.32%	0.05%
ADBE	C	1.22%	4.42%	1.22%
ALNY	D	0.12%	0.05%	0.05%
AMD	F	1.45%	1.42%	1.42%
AMT	D	0.27%	0.13%	0.13%
AMZN	C	4.39%	1.38%	1.38%
ANET	C	0.29%	0.32%	0.29%
APA	D	0.03%	0.16%	0.03%
APP	B	0.52%	0.37%	0.37%
AVGO	D	4.07%	4.77%	4.07%
AXON	A	0.25%	0.06%	0.06%
AXP	A	0.15%	0.47%	0.15%
COIN	C	0.24%	0.07%	0.07%
CRM	B	0.58%	2.03%	0.58%
DOCU	A	0.09%	0.1%	0.09%
EXPE	B	0.22%	0.32%	0.22%
GE	D	0.12%	1.64%	0.12%
GEV	B	0.05%	0.37%	0.05%
GOOG	C	1.87%	0.92%	0.92%
GOOGL	C	1.87%	3.1%	1.87%
INCY	C	0.19%	0.04%	0.04%
INTU	C	1.32%	1.24%	1.24%
LLY	F	0.9%	2.66%	0.9%
MANH	D	0.2%	0.38%	0.2%
META	D	4.15%	4.29%	4.15%
MPWR	F	0.2%	0.09%	0.09%
MSFT	F	8.03%	4.71%	4.71%
NBIX	C	0.21%	0.04%	0.04%
NFLX	A	2.4%	0.52%	0.52%
NOW	A	0.46%	0.67%	0.46%
NVDA	C	5.22%	5.41%	5.22%
ORCL	B	0.75%	1.96%	0.75%
PGR	A	0.14%	1.26%	0.14%
PODD	C	0.2%	0.05%	0.05%
PTC	A	0.5%	0.15%	0.15%
QCOM	F	1.11%	1.16%	1.11%
SBAC	D	0.28%	0.06%	0.06%
TMUS	B	1.78%	0.36%	0.36%
TSLA	B	3.05%	6.23%	3.05%
ULTA	F	0.14%	0.36%	0.14%
V	A	0.24%	2.04%	0.24%
VEEV	C	0.13%	0.1%	0.1%

FTQI Overweight 152 Positions Relative to GARP

Symbol	Grade	Weight
COST	B	2.64%
CSCO	B	1.56%
TXN	C	1.54%
PEP	F	1.45%
EQIX	A	1.25%
LIN	D	1.19%
CME	A	0.96%
NTAP	C	0.79%
CHKP	D	0.72%
SPGI	C	0.6%
APH	A	0.58%
MGEE	C	0.58%
UFPI	B	0.51%
LNT	A	0.49%
DUOL	A	0.48%
CASY	A	0.43%
TYL	B	0.4%
WMT	A	0.39%
BGC	C	0.39%
STX	D	0.38%
ZBRA	B	0.37%
CG	A	0.37%
NDAQ	A	0.36%
A	D	0.34%
WFRD	D	0.31%
IESC	B	0.31%
PAGP	A	0.29%
BCPC	B	0.29%
TSCO	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%
EVRG	A	0.26%
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%
HOOD	B	0.23%
MSI	B	0.22%
ERIE	D	0.22%
RVMD	C	0.22%
PTEN	C	0.22%
COKE	C	0.2%
NTRA	B	0.2%
DJT	C	0.2%
FFIV	B	0.2%
SAIA	B	0.2%
NTRS	A	0.19%
CL	D	0.19%
FCNCA	A	0.18%
AAON	B	0.18%
HBAN	A	0.18%
REG	B	0.18%
NOVT	D	0.18%
ZION	B	0.18%
ICUI	D	0.18%
UTHR	C	0.18%
MKSI	C	0.18%
CHRW	C	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	D	0.17%
EBAY	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%
FITB	A	0.16%
WTW	B	0.16%
LSTR	D	0.15%
XOM	B	0.15%
CAT	B	0.15%
POOL	C	0.15%
JBHT	C	0.15%
FRPT	B	0.14%
PH	A	0.14%
RMD	C	0.14%
BSY	D	0.14%
ETN	A	0.14%
ENSG	D	0.14%
HALO	F	0.14%
CHDN	B	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%
RGLD	C	0.13%
TTEK	F	0.13%
VMC	B	0.13%
VKTX	F	0.12%
LANC	C	0.12%
KRYS	B	0.12%
TWST	D	0.12%
ROIV	C	0.12%
LOW	D	0.12%
MTD	D	0.11%
UFPT	B	0.11%
WM	A	0.11%
SHOO	D	0.11%
TROW	B	0.1%
MMYT	B	0.09%
BL	B	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%
CVCO	A	0.04%
QRVO	F	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%
XRAY	F	0.01%
SRPT	D	0.01%
EXAS	D	0.01%
RPRX	D	0.01%

FTQI Underweight 102 Positions Relative to GARP

Symbol	Grade	Weight
MA	C	-4.23%
KLAC	D	-3.73%
AMAT	F	-2.92%
MRK	F	-2.09%
LRCX	F	-1.85%
GWW	B	-1.02%
ODFL	B	-0.85%
ABNB	C	-0.83%
RCL	A	-0.8%
CMG	B	-0.8%
AMP	A	-0.78%
LULU	C	-0.74%
IDXX	F	-0.68%
FLUT	A	-0.66%
SHW	A	-0.65%
MELI	D	-0.6%
APO	B	-0.56%
GS	A	-0.55%
DECK	A	-0.53%
BKNG	A	-0.49%
CPRT	A	-0.48%
HWM	A	-0.43%
SLB	C	-0.43%
PANW	C	-0.4%
PLTR	B	-0.38%
DASH	A	-0.37%
HAL	C	-0.37%
VRT	B	-0.36%
NXPI	D	-0.36%
WDAY	B	-0.36%
VRTX	F	-0.35%
EQT	B	-0.34%
WSM	B	-0.33%
APTV	D	-0.29%
STLD	B	-0.29%
NUE	C	-0.29%
LII	A	-0.27%
TPL	A	-0.26%
CDNS	B	-0.26%
KKR	A	-0.26%
SNPS	B	-0.26%
CTRA	B	-0.26%
CRWD	B	-0.25%
DELL	C	-0.24%
MCK	B	-0.22%
PAYC	B	-0.22%
DVN	F	-0.21%
ADSK	A	-0.21%
CPAY	A	-0.21%
LPLA	A	-0.2%
UBER	D	-0.19%
FTNT	C	-0.19%
FICO	B	-0.18%
GDDY	A	-0.17%
HES	B	-0.17%
MRO	B	-0.14%
AZO	C	-0.14%
DKNG	B	-0.13%
TEAM	A	-0.13%
KNX	B	-0.13%
SQ	B	-0.13%
IT	C	-0.13%
DDOG	A	-0.12%
BURL	A	-0.12%
DT	C	-0.1%
ORLY	B	-0.1%
PSTG	D	-0.1%
ENTG	D	-0.1%
TDG	D	-0.1%
H	B	-0.1%
IQV	D	-0.1%
FCX	D	-0.09%
HLT	A	-0.09%
DAL	C	-0.09%
DOW	F	-0.09%
FANG	D	-0.09%
JBL	B	-0.09%
DXCM	D	-0.08%
WBD	C	-0.07%
LNG	B	-0.07%
CE	F	-0.07%
TRGP	B	-0.06%
SMCI	F	-0.06%
ZS	C	-0.06%
MKL	A	-0.06%
LW	C	-0.05%
ARES	A	-0.05%
MOH	F	-0.05%
ENPH	F	-0.05%
OVV	B	-0.04%
FWONK	B	-0.03%
PINS	D	-0.03%
MGM	D	-0.03%
ALLY	C	-0.03%
NRG	B	-0.03%
CTLT	B	-0.03%
LYV	A	-0.03%
IOT	A	-0.03%
SNAP	C	-0.02%
MRNA	F	-0.02%
DVA	B	-0.02%
CELH	F	-0.01%