FTQI vs. MDY ETF Comparison

Comparison of First Trust Low Beta Income ETF (FTQI) to SPDR MidCap Trust Series I (MDY)

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

$20.77

Average Daily Volume

178,615

Number of Holdings ^*

195

* may have additional holdings in another (foreign) market

MDY

SPDR MidCap Trust Series I

MDY Description

The investment seeks to provide investment results that, before expenses, generally correspond to the price and yield performance of the S&P MidCap 400 Index. The Trust holds the Portfolio and cash and is not actively "managed" by traditional methods. To maintain the correspondence between the composition and weightings of Portfolio Securities and component stocks of the S&P MidCap 400 Index, the Trustee adjusts the Portfolio from time to time to conform to periodic changes in the identity and/or relative weightings of Index Securities.

Grade (RS Rating)

Last Trade

$600.66

Average Daily Volume

734,896

Number of Holdings ^*

392

* may have additional holdings in another (foreign) market

Performance

Period	FTQI	MDY
30 Days	1.17%	4.74%
60 Days	2.84%	6.03%
90 Days	4.93%	6.40%
12 Months	17.52%	30.43%

47 Overlapping Holdings

Symbol	Grade	Weight in FTQI	Weight in MDY	Overlap
AAON	B	0.18%	0.27%	0.18%
ACHC	F	0.01%	0.14%	0.01%
BMRN	F	0.06%	0.43%	0.06%
CASY	A	0.43%	0.5%	0.43%
CG	B	0.37%	0.36%	0.36%
CHDN	B	0.14%	0.36%	0.14%
COKE	C	0.2%	0.23%	0.2%
CVLT	B	0.08%	0.24%	0.08%
CYTK	F	0.13%	0.21%	0.13%
DOCU	B	0.09%	0.49%	0.09%
DUOL	A	0.48%	0.38%	0.38%
ENSG	C	0.14%	0.3%	0.14%
EWBC	A	0.28%	0.47%	0.28%
HALO	F	0.14%	0.22%	0.14%
JAZZ	B	0.16%	0.23%	0.16%
LANC	C	0.12%	0.12%	0.12%
LECO	C	0.16%	0.38%	0.16%
LITE	B	0.25%	0.15%	0.15%
LNTH	D	0.01%	0.26%	0.01%
LSTR	D	0.15%	0.22%	0.15%
MANH	D	0.2%	0.56%	0.2%
MASI	B	0.16%	0.22%	0.16%
MEDP	D	0.27%	0.28%	0.27%
MIDD	C	0.13%	0.24%	0.13%
MKSI	C	0.18%	0.23%	0.18%
MORN	B	0.28%	0.31%	0.28%
MTSI	B	0.23%	0.22%	0.22%
MUSA	B	0.16%	0.31%	0.16%
NBIX	C	0.21%	0.42%	0.21%
NOVT	D	0.18%	0.21%	0.18%
OLED	F	0.17%	0.27%	0.17%
OLLI	D	0.18%	0.19%	0.18%
PNFP	B	0.27%	0.28%	0.27%
RGEN	D	0.02%	0.24%	0.02%
RGLD	C	0.13%	0.33%	0.13%
ROIV	C	0.12%	0.17%	0.12%
SAIA	B	0.2%	0.45%	0.2%
SFM	A	0.13%	0.44%	0.13%
SRPT	F	0.01%	0.41%	0.01%
TTEK	F	0.13%	0.45%	0.13%
UFPI	C	0.51%	0.26%	0.26%
UMBF	B	0.24%	0.17%	0.17%
UTHR	C	0.18%	0.57%	0.18%
WFRD	D	0.31%	0.2%	0.2%
WWD	C	0.25%	0.34%	0.25%
XRAY	F	0.01%	0.16%	0.01%
ZION	B	0.18%	0.27%	0.18%

FTQI Overweight 148 Positions Relative to MDY

Symbol	Grade	Weight
AAPL	C	9.03%
MSFT	D	8.03%
NVDA	B	5.22%
AMZN	C	4.39%
META	D	4.15%
AVGO	D	4.07%
TSLA	B	3.05%
COST	A	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	B	1.32%
EQIX	A	1.25%
ADBE	C	1.22%
LIN	C	1.19%
QCOM	F	1.11%
CME	B	0.96%
LLY	F	0.9%
NTAP	C	0.79%
ORCL	A	0.75%
CHKP	C	0.72%
SPGI	C	0.6%
CRM	B	0.58%
APH	A	0.58%
MGEE	B	0.58%
APP	B	0.52%
PTC	B	0.5%
LNT	A	0.49%
NOW	A	0.46%
TYL	B	0.4%
WMT	A	0.39%
BGC	C	0.39%
STX	C	0.38%
ZBRA	B	0.37%
NDAQ	A	0.36%
A	D	0.34%
IESC	C	0.31%
ANET	C	0.29%
PAGP	A	0.29%
BCPC	B	0.29%
TSCO	D	0.28%
SBAC	D	0.28%
SNY	F	0.28%
OTTR	C	0.27%
AMT	C	0.27%
EVRG	A	0.26%
SOFI	B	0.26%
AXON	A	0.25%
ICLR	D	0.25%
CYBR	A	0.24%
V	A	0.24%
UPST	B	0.24%
IDCC	B	0.24%
COIN	C	0.24%
STRL	A	0.24%
HOOD	B	0.23%
MSI	B	0.22%
ERIE	D	0.22%
RVMD	C	0.22%
PTEN	C	0.22%
EXPE	B	0.22%
PODD	C	0.2%
NTRA	A	0.2%
DJT	C	0.2%
MPWR	F	0.2%
FFIV	B	0.2%
INCY	C	0.19%
NTRS	A	0.19%
CL	D	0.19%
FCNCA	A	0.18%
HBAN	A	0.18%
REG	A	0.18%
ICUI	D	0.18%
CHRW	B	0.18%
TRMB	B	0.18%
VRNS	D	0.18%
GH	B	0.17%
CINF	A	0.17%
MDGL	B	0.17%
DOX	D	0.17%
SSNC	B	0.17%
ABBV	F	0.17%
EBAY	D	0.17%
WIX	A	0.16%
ARGX	B	0.16%
ITRI	C	0.16%
PCVX	D	0.16%
BNTX	C	0.16%
FITB	B	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	A	0.14%
PH	A	0.14%
RMD	C	0.14%
BSY	F	0.14%
ETN	A	0.14%
PGR	A	0.14%
ULTA	F	0.14%
MKTX	D	0.13%
TECH	F	0.13%
MRUS	F	0.13%
WAT	C	0.13%
VEEV	C	0.13%
VMC	B	0.13%
GE	D	0.12%
VKTX	F	0.12%
ALNY	D	0.12%
KRYS	C	0.12%
TWST	F	0.12%
LOW	C	0.12%
MTD	F	0.11%
UFPT	C	0.11%
WM	B	0.11%
SHOO	F	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	B	0.09%
CSWI	B	0.07%
ASND	F	0.05%
NWSA	A	0.05%
ACGL	C	0.05%
TW	A	0.05%
GEV	B	0.05%
CVCO	A	0.04%
APA	D	0.03%
QRVO	F	0.03%
OKTA	C	0.02%
REYN	D	0.01%
RXST	F	0.01%
TMDX	F	0.01%
LEGN	D	0.01%
ACLS	F	0.01%
APLS	F	0.01%
EXAS	D	0.01%
RPRX	D	0.01%

FTQI Underweight 345 Positions Relative to MDY

Symbol	Grade	Weight
ILMN	C	-0.79%
TPL	A	-0.76%
EME	A	-0.72%
LII	A	-0.67%
CSL	C	-0.67%
WSM	C	-0.6%
RPM	A	-0.57%
WSO	A	-0.57%
IBKR	A	-0.57%
DT	D	-0.55%
RBA	A	-0.54%
FNF	B	-0.54%
BURL	B	-0.54%
RS	B	-0.54%
OC	A	-0.53%
PSTG	D	-0.53%
TOL	B	-0.52%
USFD	A	-0.52%
XPO	B	-0.52%
AVTR	F	-0.52%
THC	D	-0.51%
EQH	C	-0.5%
COHR	B	-0.49%
ACM	B	-0.49%
GLPI	C	-0.48%
RGA	A	-0.48%
FIX	A	-0.48%
RNR	C	-0.47%
GGG	B	-0.47%
CW	C	-0.46%
ELS	C	-0.45%
PFGC	B	-0.44%
TXRH	B	-0.44%
JLL	D	-0.44%
CACI	D	-0.43%
NVT	B	-0.43%
WPC	C	-0.42%
SCI	B	-0.41%
ITT	A	-0.4%
LAMR	C	-0.4%
CLH	C	-0.4%
BJ	A	-0.39%
DKS	D	-0.39%
OHI	C	-0.38%
UNM	A	-0.38%
FND	D	-0.38%
RRX	B	-0.38%
AMH	C	-0.38%
BWXT	B	-0.38%
ATR	B	-0.38%
CCK	D	-0.38%
BLD	D	-0.37%
SF	B	-0.37%
CUBE	C	-0.37%
FBIN	D	-0.36%
OVV	B	-0.36%
AA	A	-0.36%
JEF	A	-0.36%
WMS	F	-0.36%
EHC	B	-0.35%
WTRG	B	-0.34%
ONTO	F	-0.34%
CNH	C	-0.34%
ARMK	B	-0.34%
EVR	B	-0.33%
EXEL	B	-0.33%
KNSL	B	-0.33%
EXP	B	-0.33%
ALLY	C	-0.33%
CIEN	C	-0.32%
NYT	D	-0.32%
HLI	A	-0.32%
AYI	B	-0.32%
FHN	A	-0.32%
AFG	A	-0.32%
PRI	B	-0.32%
REXR	F	-0.32%
WBS	A	-0.31%
AIT	B	-0.31%
LAD	A	-0.31%
PEN	B	-0.31%
KBR	F	-0.31%
FLR	B	-0.31%
WAL	B	-0.31%
WCC	B	-0.3%
GME	C	-0.3%
INGR	C	-0.3%
PR	B	-0.3%
X	B	-0.3%
FN	C	-0.3%
DTM	A	-0.3%
SNX	D	-0.3%
AAL	B	-0.3%
DCI	B	-0.3%
ORI	A	-0.29%
GMED	A	-0.29%
AXTA	B	-0.29%
TPX	B	-0.29%
LNW	F	-0.29%
EGP	D	-0.29%
HRB	D	-0.29%
TTC	C	-0.29%
KNX	C	-0.29%
WING	D	-0.29%
GPK	C	-0.29%
BRBR	A	-0.29%
CNM	D	-0.29%
NNN	C	-0.28%
PCTY	C	-0.28%
OGE	A	-0.28%
BERY	C	-0.28%
BRX	A	-0.28%
CHE	D	-0.28%
RBC	A	-0.28%
SKX	D	-0.28%
CFR	B	-0.28%
TREX	C	-0.27%
WTFC	A	-0.27%
CHRD	D	-0.27%
TKO	A	-0.27%
VOYA	B	-0.27%
FYBR	C	-0.27%
SAIC	F	-0.26%
HQY	A	-0.26%
SSB	B	-0.26%
ADC	A	-0.26%
MTZ	B	-0.26%
AR	B	-0.26%
SSD	F	-0.26%
CR	A	-0.26%
TMHC	C	-0.25%
GXO	B	-0.25%
SNV	C	-0.25%
RRC	B	-0.25%
HLNE	B	-0.25%
CBSH	B	-0.25%
SEIC	B	-0.25%
BIO	C	-0.24%
VNO	C	-0.24%
FCN	F	-0.24%
CGNX	D	-0.24%
FLS	B	-0.24%
MAT	D	-0.24%
FR	D	-0.24%
PB	B	-0.24%
WH	B	-0.24%
GNTX	C	-0.24%
LSCC	D	-0.24%
ESAB	C	-0.24%
WEX	D	-0.24%
MSA	F	-0.23%
H	B	-0.23%
FAF	A	-0.23%
PLNT	A	-0.23%
KEX	B	-0.23%
OSK	C	-0.23%
EXLS	B	-0.23%
ANF	F	-0.23%
RYAN	A	-0.23%
STAG	D	-0.23%
ALV	C	-0.23%
MTN	C	-0.22%
BRKR	D	-0.22%
G	B	-0.22%
DINO	D	-0.22%
STWD	C	-0.22%
ARW	D	-0.22%
VMI	B	-0.22%
R	B	-0.22%
ESNT	F	-0.22%
CROX	D	-0.22%
MTG	C	-0.22%
RLI	A	-0.22%
COLB	B	-0.21%
MTDR	B	-0.21%
LFUS	D	-0.21%
CLF	F	-0.21%
CADE	B	-0.21%
NOV	C	-0.21%
DBX	B	-0.21%
ONB	C	-0.21%
ALTR	B	-0.21%
AGCO	D	-0.21%
LPX	B	-0.21%
CMC	B	-0.21%
DAR	C	-0.21%
KBH	D	-0.2%
WHR	B	-0.2%
VNT	C	-0.2%
SRCL	B	-0.2%
AMG	B	-0.2%
CRUS	D	-0.2%
CBT	D	-0.2%
GBCI	B	-0.2%
ELF	C	-0.2%
CHX	C	-0.19%
LEA	F	-0.19%
PVH	C	-0.19%
KNF	B	-0.19%
IDA	A	-0.19%
SIGI	C	-0.19%
NFG	A	-0.19%
THO	B	-0.19%
KRG	B	-0.19%
GTLS	A	-0.18%
UBSI	B	-0.18%
UGI	C	-0.18%
CNX	A	-0.18%
RMBS	B	-0.18%
SON	F	-0.18%
POST	C	-0.18%
ST	F	-0.18%
VVV	D	-0.18%
MMS	F	-0.18%
FNB	A	-0.18%
FIVE	F	-0.18%
WTS	B	-0.18%
DOCS	C	-0.18%
JHG	B	-0.18%
BC	C	-0.18%
KD	B	-0.18%
TKR	D	-0.18%
NXST	C	-0.18%
THG	A	-0.18%
APPF	B	-0.17%
EXPO	D	-0.17%
SLM	A	-0.17%
HXL	F	-0.17%
OLN	F	-0.17%
AM	A	-0.17%
POR	C	-0.17%
GATX	A	-0.17%
PSN	D	-0.17%
HOMB	A	-0.17%
HWC	B	-0.16%
WMG	D	-0.16%
BCO	F	-0.16%
SBRA	C	-0.16%
NJR	A	-0.16%
GAP	C	-0.16%
OZK	B	-0.16%
FFIN	B	-0.16%
BDC	C	-0.16%
CUZ	B	-0.16%
CELH	F	-0.16%
RH	C	-0.16%
BYD	B	-0.16%
AVT	C	-0.16%
M	F	-0.15%
KRC	B	-0.15%
ORA	B	-0.15%
AVNT	B	-0.15%
DLB	B	-0.15%
FLO	D	-0.15%
QLYS	B	-0.15%
IRT	A	-0.15%
SWX	B	-0.15%
WLK	D	-0.15%
CIVI	D	-0.15%
MUR	D	-0.15%
PNM	B	-0.14%
OPCH	D	-0.14%
LOPE	C	-0.14%
NEU	D	-0.14%
OGS	A	-0.14%
VLY	B	-0.14%
AN	C	-0.14%
ASGN	F	-0.14%
BKH	A	-0.14%
ASH	F	-0.14%
EEFT	B	-0.14%
RYN	D	-0.14%
SLGN	A	-0.14%
WU	F	-0.13%
CNO	B	-0.13%
HAE	C	-0.13%
PII	F	-0.13%
SR	A	-0.13%
ALE	A	-0.13%
SMG	C	-0.13%
KMPR	A	-0.13%
HOG	D	-0.13%
ENS	F	-0.13%
TNL	A	-0.12%
SLAB	F	-0.12%
VAL	F	-0.12%
POWI	F	-0.12%
EPR	C	-0.12%
TEX	F	-0.12%
IRDM	D	-0.12%
PRGO	C	-0.12%
ASB	B	-0.12%
MSM	C	-0.12%
TCBI	C	-0.12%
NVST	B	-0.12%
CDP	C	-0.12%
AMED	F	-0.11%
TDC	D	-0.11%
FHI	B	-0.11%
CHH	A	-0.11%
ZI	D	-0.11%
ALGM	D	-0.11%
WEN	D	-0.11%
IBOC	B	-0.11%
NWE	B	-0.11%
LIVN	F	-0.1%
NSP	F	-0.1%
PAG	B	-0.1%
NEOG	F	-0.1%
PBF	D	-0.1%
BHF	C	-0.1%
AMKR	D	-0.1%
GHC	B	-0.1%
PK	C	-0.1%
NSA	C	-0.1%
YETI	D	-0.1%
MAN	F	-0.1%
PCH	F	-0.1%
BLKB	B	-0.1%
VAC	C	-0.09%
VC	F	-0.09%
SAM	C	-0.09%
COLM	C	-0.09%
CXT	C	-0.09%
CC	C	-0.09%
COTY	F	-0.09%
SYNA	C	-0.09%
JWN	D	-0.08%
IPGP	D	-0.08%
RCM	A	-0.08%
GT	C	-0.08%
ENOV	C	-0.08%
CPRI	F	-0.08%
HGV	C	-0.08%
ARWR	D	-0.08%
SHC	F	-0.08%
VSH	F	-0.07%
PPC	C	-0.07%
CRI	F	-0.07%
CNXC	F	-0.07%
AZTA	D	-0.07%
GEF	A	-0.06%
UAA	C	-0.06%
CAR	C	-0.05%
UA	C	-0.04%