FTQI vs. TVAL ETF Comparison

Comparison of First Trust Low Beta Income ETF (FTQI) to T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Value ETF (TVAL)

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

$20.87

Average Daily Volume

178,615

Number of Holdings ^*

195

* may have additional holdings in another (foreign) market

TVAL

T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Value ETF

TVAL Description

The fund will invest primarily in U.S. equity securities. In taking a value approach to investment selection, the adviser seeks to identify companies that appear to be undervalued by various measures, and may be temporarily out of favor, but have good prospects for capital appreciation. Some of the principal measures used to identify such stocks are: price/earnings ratio, price/book value ratio, price/sales ratio, dividend yield, price/cash flow, undervalued assets, and restructuring opportunities. The fund may purchase the stocks of companies of any size, but typically focuses on larger companies.

Grade (RS Rating)

Last Trade

$33.11

Average Daily Volume

12,620

Number of Holdings ^*

144

* may have additional holdings in another (foreign) market

Performance

Period	FTQI	TVAL
30 Days	1.17%	2.08%
60 Days	2.84%	3.98%
90 Days	4.93%	5.24%
12 Months	17.52%	28.36%

28 Overlapping Holdings

Symbol	Grade	Weight in FTQI	Weight in TVAL	Overlap
A	D	0.34%	0.33%	0.33%
ABBV	F	0.17%	0.36%	0.17%
AMD	F	1.45%	0.22%	0.22%
AXP	A	0.15%	0.26%	0.15%
CAT	B	0.15%	0.3%	0.15%
CL	D	0.19%	0.84%	0.19%
CME	B	0.96%	0.23%	0.23%
EQIX	A	1.25%	0.16%	0.16%
FITB	B	0.16%	0.77%	0.16%
GE	D	0.12%	1.21%	0.12%
GEV	B	0.05%	0.7%	0.05%
GOOG	C	1.87%	0.95%	0.95%
HBAN	A	0.18%	0.45%	0.18%
LIN	C	1.19%	0.73%	0.73%
LLY	F	0.9%	1.19%	0.9%
META	D	4.15%	0.87%	0.87%
MSFT	D	8.03%	0.65%	0.65%
MSI	B	0.22%	0.34%	0.22%
NWSA	A	0.05%	0.75%	0.05%
PGR	A	0.14%	0.48%	0.14%
QCOM	F	1.11%	1.08%	1.08%
SNY	F	0.28%	0.19%	0.19%
SPGI	C	0.6%	0.26%	0.26%
TMUS	B	1.78%	0.88%	0.88%
TXN	C	1.54%	0.7%	0.7%
VMC	B	0.13%	0.22%	0.13%
WMT	A	0.39%	1.89%	0.39%
XOM	B	0.15%	2.56%	0.15%

FTQI Overweight 167 Positions Relative to TVAL

Symbol	Grade	Weight
AAPL	C	9.03%
NVDA	B	5.22%
AMZN	C	4.39%
AVGO	D	4.07%
TSLA	B	3.05%
COST	A	2.64%
NFLX	A	2.4%
GOOGL	C	1.87%
CSCO	B	1.56%
PEP	F	1.45%
INTU	B	1.32%
ADBE	C	1.22%
NTAP	C	0.79%
ORCL	A	0.75%
CHKP	C	0.72%
CRM	B	0.58%
APH	A	0.58%
MGEE	B	0.58%
APP	B	0.52%
UFPI	C	0.51%
PTC	B	0.5%
LNT	A	0.49%
DUOL	A	0.48%
NOW	A	0.46%
CASY	A	0.43%
TYL	B	0.4%
BGC	C	0.39%
STX	C	0.38%
ZBRA	B	0.37%
CG	B	0.37%
NDAQ	A	0.36%
WFRD	D	0.31%
IESC	C	0.31%
ANET	C	0.29%
PAGP	A	0.29%
BCPC	B	0.29%
TSCO	D	0.28%
SBAC	D	0.28%
MORN	B	0.28%
EWBC	A	0.28%
PNFP	B	0.27%
OTTR	C	0.27%
MEDP	D	0.27%
AMT	C	0.27%
EVRG	A	0.26%
SOFI	B	0.26%
WWD	C	0.25%
LITE	B	0.25%
AXON	A	0.25%
ICLR	D	0.25%
UMBF	B	0.24%
CYBR	A	0.24%
V	A	0.24%
UPST	B	0.24%
IDCC	B	0.24%
COIN	C	0.24%
STRL	A	0.24%
MTSI	B	0.23%
HOOD	B	0.23%
ERIE	D	0.22%
RVMD	C	0.22%
PTEN	C	0.22%
EXPE	B	0.22%
NBIX	C	0.21%
COKE	C	0.2%
PODD	C	0.2%
NTRA	A	0.2%
MANH	D	0.2%
DJT	C	0.2%
MPWR	F	0.2%
FFIV	B	0.2%
SAIA	B	0.2%
INCY	C	0.19%
NTRS	A	0.19%
FCNCA	A	0.18%
AAON	B	0.18%
REG	A	0.18%
NOVT	D	0.18%
ZION	B	0.18%
ICUI	D	0.18%
UTHR	C	0.18%
MKSI	C	0.18%
CHRW	B	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%
EBAY	D	0.17%
OLED	F	0.17%
LECO	C	0.16%
WIX	A	0.16%
MASI	B	0.16%
ARGX	B	0.16%
ITRI	C	0.16%
JAZZ	B	0.16%
MUSA	B	0.16%
PCVX	D	0.16%
BNTX	C	0.16%
WTW	B	0.16%
LSTR	D	0.15%
POOL	C	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%
ENSG	C	0.14%
HALO	F	0.14%
CHDN	B	0.14%
ULTA	F	0.14%
MKTX	D	0.13%
TECH	F	0.13%
MIDD	C	0.13%
SFM	A	0.13%
MRUS	F	0.13%
WAT	C	0.13%
CYTK	F	0.13%
VEEV	C	0.13%
RGLD	C	0.13%
TTEK	F	0.13%
VKTX	F	0.12%
ALNY	D	0.12%
LANC	C	0.12%
KRYS	C	0.12%
TWST	F	0.12%
ROIV	C	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%
DOCU	B	0.09%
LOGI	D	0.09%
HOLX	D	0.09%
TRMD	F	0.09%
CRVL	B	0.09%
CVLT	B	0.08%
CSWI	B	0.07%
BMRN	F	0.06%
ASND	F	0.05%
ACGL	C	0.05%
TW	A	0.05%
CVCO	A	0.04%
APA	D	0.03%
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	D	0.01%
ACLS	F	0.01%
APLS	F	0.01%
LNTH	D	0.01%
XRAY	F	0.01%
SRPT	F	0.01%
EXAS	D	0.01%
RPRX	D	0.01%

FTQI Underweight 116 Positions Relative to TVAL

Symbol	Grade	Weight
CB	C	-2.23%
HIG	B	-1.96%
UNH	B	-1.9%
BAC	A	-1.89%
JNJ	C	-1.82%
ELV	F	-1.81%
WFC	A	-1.77%
SO	C	-1.67%
FI	A	-1.53%
KVUE	A	-1.49%
PM	B	-1.41%
LHX	C	-1.36%
COP	C	-1.25%
JPM	A	-1.23%
AVB	B	-1.22%
TMO	F	-1.12%
SWK	D	-1.1%
CMI	A	-1.09%
BDX	F	-1.01%
EQH	C	-1.0%
SCHW	B	-0.89%
WY	F	-0.88%
AIG	B	-0.87%
CI	D	-0.87%
ZBH	C	-0.85%
EOG	A	-0.82%
C	A	-0.81%
MCK	A	-0.8%
MRK	D	-0.8%
VST	A	-0.74%
NSC	B	-0.74%
CVX	A	-0.73%
KO	D	-0.72%
PG	C	-0.72%
HUBB	B	-0.7%
ACN	B	-0.7%
TTE	F	-0.7%
HON	C	-0.68%
SRE	A	-0.68%
MMC	B	-0.67%
KMB	C	-0.66%
AEE	A	-0.65%
DHR	F	-0.65%
IP	A	-0.64%
HD	B	-0.63%
RSG	A	-0.62%
WDC	D	-0.6%
NEE	C	-0.59%
VZ	C	-0.58%
USB	A	-0.56%
BA	F	-0.56%
MS	A	-0.56%
D	C	-0.55%
AZO	C	-0.52%
RPM	A	-0.52%
ROK	C	-0.52%
CF	A	-0.52%
BAX	F	-0.5%
CSX	C	-0.49%
HWM	A	-0.48%
REXR	F	-0.48%
AZN	F	-0.47%
MAR	A	-0.47%
WMB	A	-0.46%
CMCSA	B	-0.46%
EQT	B	-0.46%
MCD	D	-0.46%
APO	B	-0.46%
TDG	D	-0.46%
ARES	A	-0.45%
MU	D	-0.45%
HCA	F	-0.45%
PSA	C	-0.44%
BLK	B	-0.43%
FANG	C	-0.43%
MDLZ	F	-0.43%
REGN	F	-0.42%
UNP	C	-0.42%
CPAY	A	-0.42%
LEN	D	-0.42%
LVS	B	-0.41%
LAMR	C	-0.4%
KDP	F	-0.4%
CAG	F	-0.4%
TSM	B	-0.39%
ALL	A	-0.39%
AMAT	F	-0.38%
YUM	D	-0.36%
BKR	A	-0.35%
KEYS	A	-0.35%
ADI	D	-0.35%
PLD	F	-0.34%
EFX	F	-0.33%
COF	C	-0.33%
STLD	B	-0.32%
UAL	A	-0.31%
TT	A	-0.31%
AME	A	-0.31%
OTIS	C	-0.3%
VRTX	D	-0.29%
ROP	B	-0.29%
TJX	A	-0.29%
MOH	F	-0.28%
UPS	C	-0.28%
CARR	C	-0.27%
MCHP	F	-0.27%
CDW	F	-0.25%
MGM	D	-0.24%
ZTS	D	-0.23%
CVS	D	-0.23%
HAL	C	-0.22%
MET	A	-0.22%
BHP	F	-0.2%
DIS	B	-0.2%
AVY	F	-0.19%
DTE	C	-0.17%