FTQI vs. IMCB ETF Comparison

Comparison of First Trust Low Beta Income ETF (FTQI) to iShares Morningstar Mid-Cap ETF (IMCB)

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

IMCB

iShares Morningstar Mid-Cap ETF

IMCB Description

IMCB is a passively-managed portfolio that offers exposure to a blend of growth and value stocks in the US mid-cap space. Stocks are selected based on Morningstars index methodology that uses fundamental factors. This methodology identifies growth securities as those with relatively above-average historical and forecasted earnings, sales, equity, and cash flow growth, while value securities as those with relatively low valuations based on price-to-book ratios, price-to-earnings ratios and other factors. The underlying index is reconstituted twice annually and rebalanced quarterly. Prior to March 19, 2021, the fund tracked the Morningstar US Mid Core Index under the ticker JKG.

Grade (RS Rating)

Last Trade

$75.96

Average Daily Volume

31,378

Number of Holdings ^*

447

* may have additional holdings in another (foreign) market

Performance

Period	FTQI	IMCB
30 Days	2.55%	2.91%
60 Days	3.27%	5.00%
90 Days	1.85%	8.36%
12 Months	20.52%	27.81%

68 Overlapping Holdings

Symbol	Grade	Weight in FTQI	Weight in IMCB	Overlap
A	C	0.38%	0.38%	0.38%
ACGL	B	0.06%	0.38%	0.06%
ALNY	C	0.14%	0.32%	0.14%
APA	F	0.34%	0.09%	0.09%
APP	C	0.22%	0.24%	0.22%
AXON	B	0.16%	0.26%	0.16%
BMRN	F	0.23%	0.12%	0.12%
BSY	C	0.15%	0.06%	0.06%
CASY	D	0.39%	0.13%	0.13%
CG	C	0.33%	0.09%	0.09%
CHDN	D	0.15%	0.09%	0.09%
CINF	C	0.15%	0.2%	0.15%
COIN	F	0.13%	0.31%	0.13%
DOCU	C	0.07%	0.11%	0.07%
EBAY	B	0.18%	0.3%	0.18%
ERIE	B	0.29%	0.12%	0.12%
EVRG	B	0.25%	0.13%	0.13%
EXAS	D	0.17%	0.12%	0.12%
EXPE	C	0.18%	0.17%	0.17%
FCNCA	D	0.15%	0.22%	0.15%
FFIV	B	0.19%	0.12%	0.12%
FITB	B	0.15%	0.28%	0.15%
GEV	B	0.04%	0.62%	0.04%
HBAN	B	0.15%	0.2%	0.15%
HOLX	D	0.1%	0.18%	0.1%
HOOD	C	0.17%	0.11%	0.11%
INCY	C	0.16%	0.1%	0.1%
JBHT	D	0.15%	0.13%	0.13%
LECO	D	0.14%	0.1%	0.1%
LNT	A	0.48%	0.14%	0.14%
MANH	B	0.2%	0.16%	0.16%
MEDP	F	0.34%	0.09%	0.09%
MORN	C	0.27%	0.08%	0.08%
MPWR	B	0.33%	0.39%	0.33%
MTD	C	0.14%	0.28%	0.14%
NBIX	F	0.23%	0.11%	0.11%
NDAQ	C	0.34%	0.26%	0.26%
NTAP	D	0.81%	0.23%	0.23%
NTRA	C	0.17%	0.14%	0.14%
NTRS	C	0.16%	0.17%	0.16%
NWSA	D	0.04%	0.09%	0.04%
OKTA	F	0.05%	0.11%	0.05%
PODD	C	0.18%	0.15%	0.15%
POOL	C	0.16%	0.13%	0.13%
PTC	C	0.48%	0.2%	0.2%
QRVO	F	0.17%	0.09%	0.09%
REG	C	0.17%	0.11%	0.11%
RMD	C	0.14%	0.33%	0.14%
RPRX	C	0.14%	0.1%	0.1%
SAIA	D	0.18%	0.11%	0.11%
SBAC	C	0.31%	0.24%	0.24%
SRPT	F	0.13%	0.11%	0.11%
SSNC	C	0.18%	0.15%	0.15%
STX	B	0.41%	0.19%	0.19%
TECH	C	0.15%	0.12%	0.12%
TRMB	C	0.16%	0.13%	0.13%
TROW	C	0.1%	0.23%	0.1%
TSCO	B	0.28%	0.27%	0.27%
TTEK	C	0.15%	0.11%	0.11%
TW	B	0.05%	0.13%	0.05%
TYL	C	0.39%	0.22%	0.22%
ULTA	D	0.16%	0.18%	0.16%
UTHR	B	0.17%	0.12%	0.12%
VEEV	C	0.13%	0.29%	0.13%
VMC	C	0.12%	0.31%	0.12%
WAT	B	0.12%	0.18%	0.12%
WTW	B	0.15%	0.28%	0.15%
ZBRA	B	0.35%	0.17%	0.17%

FTQI Overweight 126 Positions Relative to IMCB

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%
LLY	D	1.13%
CME	B	0.92%
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%
DUOL	C	0.42%
NOW	C	0.42%
ICLR	F	0.42%
WFRD	F	0.38%
BGC	D	0.37%
WMT	B	0.36%
SNY	B	0.35%
AMT	C	0.33%
BCPC	C	0.3%
ANET	C	0.3%
PAGP	D	0.3%
TRMD	D	0.3%
OLED	D	0.24%
PTEN	F	0.24%
WWD	C	0.24%
EWBC	C	0.23%
PNFP	C	0.22%
CL	C	0.22%
PCVX	C	0.22%
V	C	0.22%
IESC	B	0.22%
MKSI	F	0.21%
CYBR	B	0.21%
UMBF	C	0.21%
OLLI	C	0.2%
ABBV	B	0.2%
ASND	C	0.2%
MTSI	C	0.2%
COKE	C	0.2%
STRL	C	0.2%
VRNS	B	0.2%
LITE	B	0.19%
HALO	D	0.19%
BNTX	C	0.19%
MSI	B	0.19%
ICUI	C	0.19%
DOX	C	0.18%
RVMD	C	0.18%
IDCC	B	0.18%
NOVT	D	0.18%
CHRW	B	0.17%
SOFI	D	0.16%
TWST	D	0.16%
XRAY	D	0.16%
VKTX	D	0.16%
ZION	D	0.15%
ACHC	D	0.15%
CYTK	F	0.15%
LNTH	D	0.15%
JAZZ	D	0.15%
LSTR	D	0.15%
ITRI	C	0.15%
ENSG	D	0.15%
MUSA	D	0.15%
ARGX	B	0.15%
MIDD	C	0.14%
AAON	B	0.14%
PGR	C	0.14%
ACLS	F	0.14%
APLS	F	0.14%
WIX	C	0.14%
UPST	C	0.14%
MDGL	F	0.14%
AXP	B	0.14%
XOM	D	0.14%
TMDX	C	0.14%
MRUS	D	0.14%
CAT	B	0.14%
GH	F	0.14%
ETN	C	0.13%
FRPT	C	0.13%
UFPT	D	0.13%
LEGN	F	0.13%
KRYS	D	0.13%
RGLD	C	0.13%
LOW	B	0.12%
LANC	F	0.12%
PH	B	0.12%
SHOO	B	0.12%
MKTX	D	0.12%
GE	C	0.12%
DJT	F	0.11%
MASI	C	0.11%
LOGI	D	0.11%
SFM	B	0.1%
WM	D	0.1%
CRVL	B	0.09%
MMYT	D	0.09%
CVLT	B	0.08%
BL	D	0.08%
CSWI	B	0.06%
CVCO	B	0.04%
RXST	D	0.02%
RGEN	F	0.02%
REYN	C	0.01%

FTQI Underweight 379 Positions Relative to IMCB

Symbol	Grade	Weight
PLTR	C	-0.68%
CARR	B	-0.62%
NEM	C	-0.57%
DHI	C	-0.55%
COF	B	-0.54%
NSC	C	-0.53%
TFC	D	-0.53%
ADSK	B	-0.53%
AFL	A	-0.52%
PSA	C	-0.52%
HLT	B	-0.51%
GM	C	-0.51%
BK	B	-0.5%
TRV	C	-0.5%
WMB	C	-0.5%
OKE	C	-0.5%
URI	B	-0.49%
O	B	-0.49%
AEP	C	-0.49%
SRE	B	-0.48%
WDAY	D	-0.48%
AZO	B	-0.48%
JCI	B	-0.47%
PCAR	D	-0.47%
ROST	C	-0.47%
SPG	B	-0.47%
DLR	B	-0.47%
CCI	C	-0.46%
ALL	C	-0.46%
TTD	B	-0.45%
AIG	D	-0.45%
FTNT	B	-0.45%
KMB	C	-0.44%
FIS	C	-0.44%
FICO	B	-0.44%
D	C	-0.44%
VLO	F	-0.42%
CPRT	D	-0.42%
TEL	D	-0.42%
GWW	B	-0.42%
LEN	B	-0.42%
AMP	B	-0.42%
PRU	C	-0.41%
IQV	D	-0.41%
F	F	-0.4%
PAYX	C	-0.4%
LHX	C	-0.4%
MSCI	C	-0.4%
MCHP	D	-0.39%
PCG	C	-0.39%
CMI	B	-0.39%
PWR	B	-0.39%
DASH	B	-0.39%
FERG	D	-0.39%
KMI	C	-0.39%
GIS	B	-0.39%
IDXX	D	-0.39%
KDP	B	-0.38%
FAST	C	-0.38%
CTVA	B	-0.38%
PEG	B	-0.38%
LNG	D	-0.38%
HWM	B	-0.37%
AME	C	-0.37%
KVUE	B	-0.37%
STZ	C	-0.37%
RCL	B	-0.37%
CNC	D	-0.37%
EW	F	-0.37%
ODFL	D	-0.36%
OTIS	B	-0.36%
COR	F	-0.36%
EXC	B	-0.36%
IT	C	-0.36%
IR	B	-0.36%
HUM	F	-0.35%
CTSH	B	-0.35%
EXR	C	-0.35%
VRSK	D	-0.35%
SQ	D	-0.35%
BKR	C	-0.34%
YUM	B	-0.34%
SYY	C	-0.34%
KR	B	-0.34%
DOW	C	-0.34%
HES	F	-0.34%
CBRE	B	-0.34%
EFX	C	-0.34%
ED	B	-0.33%
XEL	B	-0.33%
GEHC	B	-0.33%
NUE	D	-0.33%
DFS	C	-0.33%
GLW	B	-0.32%
HIG	B	-0.32%
EA	D	-0.32%
HPQ	C	-0.32%
DD	B	-0.32%
VRT	C	-0.31%
IRM	C	-0.31%
TRGP	C	-0.31%
MLM	D	-0.31%
VICI	C	-0.31%
DDOG	D	-0.31%
CSGP	D	-0.3%
EIX	B	-0.3%
AVB	C	-0.3%
CHTR	D	-0.3%
XYL	C	-0.3%
DELL	C	-0.29%
KHC	C	-0.29%
WAB	B	-0.29%
FANG	F	-0.29%
ON	D	-0.29%
LULU	D	-0.28%
MTB	C	-0.28%
VST	B	-0.28%
DAL	C	-0.28%
CDW	D	-0.28%
PPG	C	-0.28%
PHM	B	-0.28%
ADM	D	-0.28%
ROK	D	-0.28%
HSY	D	-0.27%
GPN	D	-0.27%
ARES	B	-0.27%
CPNG	B	-0.27%
AWK	C	-0.27%
BIIB	F	-0.27%
NVR	B	-0.27%
WEC	B	-0.27%
ANSS	D	-0.26%
DXCM	F	-0.26%
STT	B	-0.25%
KEYS	B	-0.25%
CAH	C	-0.25%
HUBS	D	-0.25%
ETR	A	-0.25%
FTV	C	-0.25%
TEAM	D	-0.24%
DVN	F	-0.24%
VLTO	B	-0.24%
DOV	B	-0.24%
HAL	F	-0.24%
IFF	A	-0.24%
GRMN	D	-0.24%
EQR	C	-0.24%
BR	C	-0.23%
HPE	C	-0.23%
BLDR	C	-0.23%
NET	D	-0.23%
LYB	D	-0.23%
VTR	C	-0.23%
BRO	C	-0.23%
CHD	C	-0.23%
DTE	A	-0.23%
PPL	A	-0.22%
DECK	C	-0.22%
ES	B	-0.22%
RJF	C	-0.22%
STE	B	-0.22%
RBLX	C	-0.22%
TTWO	D	-0.22%
WY	C	-0.22%
FSLR	C	-0.22%
SW	B	-0.22%
AEE	B	-0.21%
HUBB	B	-0.21%
WST	D	-0.21%
MRNA	F	-0.21%
BALL	C	-0.2%
K	A	-0.2%
WDC	C	-0.2%
ILMN	D	-0.2%
GDDY	C	-0.2%
RF	B	-0.2%
CPAY	B	-0.2%
SMCI	F	-0.2%
ZBH	F	-0.2%
COO	C	-0.2%
FE	B	-0.2%
MSTR	C	-0.2%
MDB	D	-0.19%
EL	D	-0.19%
EME	B	-0.19%
MOH	D	-0.19%
OMC	B	-0.19%
TRU	B	-0.19%
TDY	B	-0.19%
ATO	B	-0.19%
MKL	C	-0.19%
SYF	C	-0.19%
CMS	B	-0.19%
INVH	D	-0.19%
DRI	C	-0.19%
TER	C	-0.19%
MKC	C	-0.19%
CSL	B	-0.19%
LDOS	A	-0.19%
LH	D	-0.18%
MAA	C	-0.18%
ALGN	D	-0.18%
PKG	B	-0.18%
BBY	A	-0.18%
CFG	D	-0.18%
GPC	D	-0.18%
EQT	C	-0.18%
LII	C	-0.18%
BAX	C	-0.18%
ESS	C	-0.18%
BAH	B	-0.18%
CLX	C	-0.18%
PFG	B	-0.18%
SUI	C	-0.17%
CNP	C	-0.17%
PINS	D	-0.17%
WSM	C	-0.17%
MAS	B	-0.17%
DKNG	C	-0.17%
CCL	C	-0.17%
AVTR	C	-0.17%
WBD	D	-0.17%
J	A	-0.17%
DG	F	-0.17%
ARE	C	-0.17%
APTV	D	-0.16%
TXT	D	-0.16%
EG	B	-0.16%
LVS	C	-0.16%
NRG	B	-0.16%
LUV	C	-0.16%
IP	C	-0.16%
UAL	B	-0.16%
FWONK	C	-0.16%
DGX	B	-0.16%
AVY	C	-0.16%
TSN	D	-0.16%
ENTG	D	-0.16%
WSO	C	-0.16%
BURL	C	-0.16%
CTRA	F	-0.16%
EXPD	B	-0.16%
TPL	C	-0.16%
STLD	C	-0.16%
WRB	D	-0.16%
FDS	C	-0.16%
PNR	B	-0.15%
VRSN	C	-0.15%
ZS	F	-0.15%
HEI	C	-0.15%
TOL	A	-0.15%
IEX	C	-0.15%
SWKS	F	-0.15%
ZM	C	-0.15%
ENPH	D	-0.15%
AMCR	B	-0.15%
RPM	B	-0.15%
THC	C	-0.15%
RS	D	-0.15%
SWK	B	-0.15%
LPLA	D	-0.15%
KEY	C	-0.15%
ROL	C	-0.14%
FNF	B	-0.14%
L	D	-0.14%
CF	B	-0.14%
AKAM	D	-0.14%
SNA	B	-0.14%
DLTR	F	-0.14%
NI	B	-0.14%
PSTG	F	-0.14%
LYV	A	-0.14%
CAG	B	-0.14%
GEN	A	-0.14%
DOC	B	-0.14%
OC	C	-0.14%
RVTY	B	-0.14%
KIM	C	-0.14%
MRO	D	-0.14%
ACM	B	-0.13%
WPC	C	-0.13%
UDR	C	-0.13%
UHS	C	-0.13%
BG	F	-0.13%
CE	D	-0.13%
DPZ	D	-0.13%
IBKR	B	-0.13%
USFD	C	-0.13%
VTRS	D	-0.13%
NTNX	D	-0.13%
DT	C	-0.13%
GGG	C	-0.13%
RGA	C	-0.13%
WING	C	-0.12%
JNPR	A	-0.12%
SJM	C	-0.12%
CLH	C	-0.12%
ALLE	B	-0.12%
AMH	D	-0.12%
BXP	C	-0.12%
FND	C	-0.12%
EMN	B	-0.12%
JKHY	B	-0.12%
HST	D	-0.12%
JBL	C	-0.12%
FLEX	B	-0.12%
GLPI	C	-0.12%
ELS	D	-0.12%
BLD	C	-0.12%
NDSN	C	-0.12%
XPO	D	-0.12%
AES	C	-0.12%
CPT	C	-0.12%
RNR	B	-0.12%
FIX	B	-0.12%
CCK	B	-0.11%
TFX	B	-0.11%
SCI	C	-0.11%
RRX	C	-0.11%
NVT	C	-0.11%
IPG	C	-0.11%
PFGC	B	-0.11%
EQH	C	-0.11%
KMX	D	-0.11%
DKS	D	-0.11%
ALB	D	-0.1%
TWLO	C	-0.1%
HII	F	-0.1%
OVV	F	-0.1%
CRL	F	-0.1%
LKQ	F	-0.1%
SNAP	D	-0.1%
WMS	D	-0.1%
EPAM	F	-0.1%
HEI	C	-0.1%
DAY	D	-0.09%
HRL	F	-0.09%
ALLY	F	-0.09%
FOXA	B	-0.09%
LW	D	-0.09%
WTRG	D	-0.09%
TAP	D	-0.09%
BJ	D	-0.09%
CNH	C	-0.09%
SOLV	D	-0.09%
CPB	C	-0.09%
AOS	B	-0.09%
AFG	C	-0.09%
CNM	F	-0.08%
DVA	B	-0.08%
UNM	B	-0.08%
MOS	F	-0.08%
PAYC	D	-0.08%
MGM	D	-0.08%
UHAL	B	-0.07%
ACI	F	-0.07%
WYNN	C	-0.07%
DINO	F	-0.07%
CHK	C	-0.07%
AR	C	-0.07%
BEN	F	-0.06%
U	D	-0.06%
AZPN	B	-0.06%
WBA	F	-0.06%
BRKR	D	-0.06%
FOX	B	-0.05%
WLK	C	-0.05%
PCOR	D	-0.05%
CELH	F	-0.05%
SIRI	C	-0.05%
SNX	C	-0.05%
NWS	D	-0.03%
PAG	D	-0.03%
COTY	D	-0.03%
FWONA	C	-0.02%
LEN	B	-0.02%
AGR	C	-0.02%
UHAL	B	-0.01%
ALAB	C	-0.01%