ILDR vs. FWD ETF Comparison

Comparison of First Trust Innovation Leaders ETF (ILDR) to AB Disruptors ETF (FWD)

ILDR

First Trust Innovation Leaders ETF

ILDR Description

First Trust Innovation Leaders ETF is an exchange-traded fund incorporated in the USA. The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in common stock and depository receipts issued by U.S. and non-U.S. companies that may benefit from the development or application of scientific and technological innovation. The fund’s investments will be concentrated in the information technology sector, and therefore, may be concentrated in one or more industries within the information technology sector. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.16

Average Daily Volume

11,195

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FWD

AB Disruptors ETF

FWD Description

FWD seeks capital growth by actively investing in companies globally, believed to be at the forefront of innovative growth trends. The funds adviser considers such companies as market disrupters. Many may utilize technology to enhance or create new demand for their product or service. The selection process combines a top-down evaluation of macroeconomic growth trends with fundamental, bottom-up analysis of individual companies. Factors such as current and projected profitability, pricing power, competitiveness, technological superiority, and management robustness of a company are considered. Targeted themes may include cloud infrastructure & AI, energy transition, transportation & logistics, medical innovation, digital transactions & media, and industrial innovation. The resulting portfolio of 80-120 stocks is considered non-diversified and may heavily focus on industries within the Information Technology sector.

Grade (RS Rating)

Last Trade

$83.95

Average Daily Volume

20,955

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ILDR	FWD
30 Days	4.70%	6.41%
60 Days	8.19%	8.28%
90 Days	10.10%	8.11%
12 Months	42.49%	46.37%

24 Overlapping Holdings

Symbol	Grade	Weight in ILDR	Weight in FWD	Overlap
ABBV	D	0.57%	0.73%	0.57%
ABNB	C	0.48%	0.46%	0.46%
ADBE	C	0.89%	0.71%	0.71%
AMZN	C	6.57%	1.73%	1.73%
ANET	C	1.06%	1.53%	1.06%
AVGO	D	2.87%	1.29%	1.29%
DDOG	A	0.85%	0.99%	0.85%
GEV	B	0.79%	2.15%	0.79%
GTLB	B	0.69%	0.53%	0.53%
ISRG	A	1.03%	1.62%	1.03%
LLY	F	0.35%	0.76%	0.35%
MDB	C	0.75%	0.91%	0.75%
META	D	3.56%	1.41%	1.41%
MRVL	B	1.73%	1.02%	1.02%
MSFT	F	4.89%	0.7%	0.7%
MU	D	1.82%	1.01%	1.01%
NFLX	A	1.14%	1.54%	1.14%
NOW	A	3.17%	0.55%	0.55%
NVDA	C	8.61%	5.29%	5.29%
ORCL	B	6.12%	1.81%	1.81%
SHOP	B	2.09%	1.39%	1.39%
TMO	F	1.1%	0.58%	0.58%
TTD	B	0.8%	1.05%	0.8%
UBER	D	2.96%	0.52%	0.52%

ILDR Overweight 34 Positions Relative to FWD

Symbol	Grade	Weight
GOOG	C	3.78%
CEG	D	2.41%
QCOM	F	1.65%
GTLS	B	1.46%
TOST	B	1.44%
WDAY	B	1.4%
DUK	C	1.33%
SMR	B	1.31%
MRK	F	1.24%
BMRN	D	1.21%
AVAV	D	1.18%
BWXT	B	1.16%
PANW	C	1.16%
SQ	B	1.12%
RMBS	C	1.08%
ZS	C	1.07%
V	A	1.04%
DT	C	1.03%
AVTR	F	1.01%
VRTX	F	0.98%
TW	A	0.94%
HALO	F	0.93%
SWTX	C	0.9%
FOLD	F	0.89%
CYBR	B	0.76%
AKAM	D	0.68%
MDGL	B	0.68%
MIRM	B	0.67%
OKLO	B	0.58%
GRAB	B	0.56%
NBIX	C	0.5%
RCUS	F	0.44%
REGN	F	0.43%
SGBX	F	0.41%

ILDR Underweight 55 Positions Relative to FWD

Symbol	Grade	Weight
TSLA	B	-3.08%
VST	B	-2.35%
VRT	B	-1.67%
BSX	B	-1.56%
TXN	C	-1.51%
PLTR	B	-1.33%
GOOGL	C	-1.3%
HWM	A	-1.21%
SPOT	B	-1.16%
FTNT	C	-1.15%
EPAM	C	-1.14%
CRWD	B	-1.11%
ETN	A	-1.09%
APO	B	-1.09%
COHR	B	-1.06%
DASH	A	-1.06%
TT	A	-1.05%
CAT	B	-0.98%
ON	D	-0.98%
IOT	A	-0.98%
TEAM	A	-0.95%
LSCC	D	-0.94%
LRCX	F	-0.94%
TER	D	-0.93%
ARM	D	-0.91%
AMAT	F	-0.87%
WAB	B	-0.86%
BKR	B	-0.85%
SYK	C	-0.81%
NEE	D	-0.79%
GWRE	A	-0.79%
CIEN	B	-0.74%
FROG	C	-0.74%
MNDY	C	-0.74%
SNPS	B	-0.72%
RBLX	C	-0.72%
AMD	F	-0.7%
LITE	B	-0.66%
AFRM	B	-0.66%
SLAB	D	-0.65%
HUBS	A	-0.65%
BKNG	A	-0.63%
ADI	D	-0.63%
MELI	D	-0.62%
ILMN	D	-0.56%
RDDT	B	-0.53%
ABT	B	-0.52%
CRL	C	-0.5%
BSY	D	-0.48%
CFLT	B	-0.48%
IPGP	D	-0.44%
IQV	D	-0.43%
FCX	D	-0.42%
RGEN	D	-0.41%
Z	A	-0.4%