FTQI vs. SKF ETF Comparison

Comparison of First Trust Low Beta Income ETF (FTQI) to ProShares UltraShort Financials (SKF)

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

$20.35

Average Daily Volume

105,201

Number of Holdings ^*

195

* may have additional holdings in another (foreign) market

SKF

ProShares UltraShort Financials

SKF Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. FinancialsSM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index measures the performance of the financial services sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$9.58

Average Daily Volume

55,048

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FTQI	SKF
30 Days	0.50%	-5.73%
60 Days	2.00%	-2.86%
90 Days	5.71%	-17.39%
12 Months	19.93%	-48.03%

18 Overlapping Holdings

Symbol	Grade	Weight in FTQI	Weight in SKF	Overlap
ACGL	D	0.05%	0.31%	0.05%
AMT	D	0.32%	1.74%	0.32%
AXP	B	0.14%	1.49%	0.14%
CINF	B	0.15%	0.27%	0.15%
CME	A	0.97%	1.25%	0.97%
EQIX	A	1.25%	0.84%	0.84%
FITB	B	0.15%	0.35%	0.15%
HBAN	A	0.16%	0.26%	0.16%
MKTX	A	0.14%	0.24%	0.14%
NDAQ	B	0.34%	0.21%	0.21%
NTRS	A	0.18%	0.39%	0.18%
PGR	D	0.13%	0.75%	0.13%
REG	C	0.17%	0.18%	0.17%
SBAC	C	0.31%	0.48%	0.31%
SPGI	D	0.61%	1.22%	0.61%
TROW	C	0.1%	0.52%	0.1%
V	A	0.22%	5.88%	0.22%
WTW	A	0.15%	0.44%	0.15%

FTQI Overweight 177 Positions Relative to SKF

Symbol	Grade	Weight
AAPL	C	9.27%
MSFT	D	8.23%
NVDA	B	5.14%
AVGO	B	4.29%
META	B	4.23%
AMZN	B	4.19%
COST	D	2.63%
NFLX	A	2.19%
TSLA	A	2.04%
GOOG	A	1.77%
GOOGL	A	1.77%
AMD	F	1.72%
TMUS	B	1.67%
PEP	D	1.58%
TXN	B	1.55%
CSCO	B	1.53%
ADBE	F	1.42%
LIN	C	1.27%
QCOM	D	1.2%
INTU	D	1.16%
LLY	D	1.12%
CHKP	C	0.86%
NTAP	D	0.8%
ORCL	B	0.71%
APH	B	0.57%
OTTR	D	0.52%
CRM	B	0.51%
MGEE	B	0.51%
UFPI	C	0.51%
LNT	B	0.5%
PTC	A	0.49%
DUOL	A	0.44%
CASY	A	0.42%
STX	C	0.41%
NOW	B	0.41%
TYL	A	0.39%
ICLR	F	0.39%
WMT	A	0.38%
CG	B	0.37%
A	F	0.36%
ZBRA	A	0.35%
BGC	C	0.34%
WFRD	F	0.33%
SNY	D	0.32%
APA	F	0.32%
MPWR	F	0.32%
ANET	B	0.31%
MEDP	F	0.3%
APP	A	0.29%
PAGP	D	0.29%
TSCO	D	0.29%
BCPC	D	0.28%
MORN	B	0.28%
IESC	A	0.26%
EWBC	A	0.26%
DJT	B	0.26%
EVRG	C	0.25%
ERIE	D	0.25%
WWD	D	0.24%
CYBR	C	0.23%
BMRN	F	0.23%
TRMD	F	0.23%
PTEN	F	0.22%
MTSI	B	0.22%
PNFP	A	0.22%
OLED	D	0.22%
MSI	C	0.21%
VRNS	C	0.21%
UMBF	A	0.21%
PCVX	C	0.21%
CL	D	0.21%
STRL	B	0.21%
NBIX	D	0.21%
EXPE	B	0.2%
MANH	C	0.2%
LITE	B	0.2%
IDCC	A	0.2%
SOFI	A	0.2%
COKE	D	0.2%
BNTX	A	0.19%
ICUI	C	0.19%
ABBV	A	0.19%
RVMD	A	0.19%
HOOD	B	0.19%
UPST	B	0.18%
EBAY	D	0.18%
MKSI	F	0.18%
PODD	B	0.18%
DOX	B	0.18%
CHRW	C	0.18%
NOVT	D	0.18%
OLLI	C	0.18%
AXON	B	0.18%
FFIV	A	0.18%
FCNCA	C	0.17%
EXAS	B	0.17%
SSNC	D	0.17%
UTHR	A	0.17%
ZION	A	0.16%
TTEK	B	0.16%
TRMB	B	0.16%
HALO	D	0.16%
COIN	D	0.16%
ARGX	A	0.16%
INCY	A	0.16%
NTRA	D	0.16%
QRVO	F	0.16%
SAIA	A	0.16%
ASND	F	0.16%
POOL	C	0.15%
MUSA	C	0.15%
LECO	C	0.15%
BSY	F	0.15%
MRUS	C	0.15%
ENSG	A	0.15%
JAZZ	D	0.15%
CAT	B	0.15%
JBHT	A	0.15%
XOM	C	0.15%
LNTH	B	0.15%
ALNY	C	0.15%
VEEV	C	0.14%
TWST	F	0.14%
SRPT	D	0.14%
CHDN	A	0.14%
MASI	A	0.14%
RMD	B	0.14%
RPRX	F	0.14%
CYTK	F	0.14%
AAON	A	0.14%
WIX	B	0.14%
XRAY	F	0.14%
ITRI	A	0.14%
VKTX	A	0.14%
RGLD	B	0.14%
ULTA	F	0.14%
LSTR	D	0.14%
LOW	B	0.13%
MIDD	D	0.13%
TECH	B	0.13%
ROIV	D	0.13%
ETN	B	0.13%
SHOO	D	0.12%
GH	D	0.12%
MDGL	B	0.12%
LANC	D	0.12%
FRPT	D	0.12%
GE	C	0.12%
VMC	A	0.12%
WAT	D	0.12%
ACLS	F	0.12%
PH	A	0.12%
KRYS	D	0.12%
MTD	F	0.12%
WM	A	0.11%
SFM	A	0.11%
LEGN	D	0.11%
ACHC	F	0.1%
HOLX	C	0.1%
LOGI	F	0.1%
APLS	F	0.1%
TMDX	F	0.1%
UFPT	D	0.1%
BL	B	0.09%
MMYT	B	0.09%
DOCU	B	0.08%
CRVL	D	0.08%
CVLT	B	0.07%
CSWI	C	0.07%
OKTA	F	0.05%
TW	B	0.05%
CVCO	D	0.04%
NWSA	B	0.04%
GEV	A	0.04%
RXST	D	0.02%
RGEN	F	0.02%
REYN	F	0.01%

FTQI Underweight 79 Positions Relative to SKF

Symbol	Grade	Weight
BRK.A	D	-7.56%
JPM	A	-7.27%
MA	B	-4.83%
BAC	B	-4.46%
WFC	A	-3.19%
C	A	-2.98%
GS	B	-1.34%
USB	B	-1.32%
TFC	B	-1.27%
MS	B	-1.19%
CB	C	-1.17%
PNC	A	-1.13%
BLK	B	-1.06%
CCI	D	-1.02%
PLD	F	-1.0%
MMC	D	-0.97%
SCHW	B	-0.93%
ICE	C	-0.91%
AON	A	-0.83%
COF	A	-0.81%
AIG	B	-0.77%
SPG	B	-0.76%
MCO	D	-0.7%
MET	C	-0.69%
BX	B	-0.67%
PRU	B	-0.66%
AFL	C	-0.66%
BK	B	-0.65%
ALL	C	-0.64%
TRV	B	-0.61%
WELL	A	-0.59%
PSA	D	-0.56%
AVB	C	-0.51%
STT	A	-0.5%
EQR	D	-0.48%
DLR	A	-0.44%
DFS	B	-0.44%
O	C	-0.42%
MSCI	C	-0.4%
CSGP	F	-0.4%
WY	F	-0.39%
AMP	B	-0.37%
VTR	A	-0.37%
HIG	C	-0.37%
SYF	B	-0.36%
MTB	B	-0.36%
BXP	B	-0.34%
CBRE	A	-0.34%
ESS	D	-0.34%
ARE	F	-0.32%
KEY	B	-0.32%
CFG	A	-0.3%
DOC	B	-0.3%
AJG	D	-0.3%
INVH	F	-0.28%
MKL	C	-0.28%
RF	A	-0.27%
MAA	D	-0.26%
PFG	C	-0.25%
WPC	F	-0.24%
SUI	D	-0.24%
EXR	D	-0.24%
L	C	-0.23%
NLY	D	-0.23%
UDR	D	-0.23%
HST	D	-0.22%
ELS	C	-0.22%
FNF	B	-0.22%
RJF	A	-0.2%
LNC	A	-0.2%
EG	F	-0.19%
MPW	D	-0.19%
ALLY	D	-0.19%
EQH	A	-0.19%
GL	C	-0.18%
FDS	B	-0.18%
VNO	B	-0.18%
CPT	D	-0.18%
WRB	C	-0.17%