IQM vs. QQEW ETF Comparison

Comparison of Franklin Intelligent Machines ETF (IQM) to First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW)

IQM

Franklin Intelligent Machines ETF

IQM Description

The investment seeks capital appreciation. Under normal market conditions, the fund invests at least 80% of its net assets in equity securities of companies that are relevant to its investment theme of intelligent machines. The fund invests predominantly in common stock. Although it may invest across economic sectors, the advisor expects to have significant positions in particular sectors including technology. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$63.34

Average Daily Volume

2,668

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QQEW

First Trust NASDAQ-100 Equal Weighted Index Fund

QQEW Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ-100 Equal Weighted Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The NASDAQ-100 Equal Weighted Index(SM) is the equal-weighted version of the NASDAQ-100 Index(R) which includes 100 of the largest non-financial securities listed on NASDAQ(R) based on market capitalization. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$125.67

Average Daily Volume

66,250

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	IQM	QQEW
30 Days	2.98%	2.62%
60 Days	6.13%	3.42%
90 Days	-0.02%	2.04%
12 Months	43.47%	21.43%

22 Overlapping Holdings

Symbol	Grade	Weight in IQM	Weight in QQEW	Overlap
AAPL	C	4.45%	1.09%	1.09%
ADI	C	1.81%	1.0%	1.0%
ADSK	B	1.81%	1.1%	1.1%
AMAT	D	2.82%	0.83%	0.83%
AMD	C	2.47%	0.96%	0.96%
ANSS	D	1.59%	0.98%	0.98%
ASML	F	4.09%	0.79%	0.79%
AVGO	C	2.25%	1.0%	1.0%
CDNS	D	3.93%	0.87%	0.87%
CRWD	D	0.77%	0.72%	0.72%
HON	C	0.36%	0.94%	0.36%
IDXX	D	1.26%	1.03%	1.03%
ISRG	C	5.52%	1.12%	1.12%
KLAC	D	1.63%	0.94%	0.94%
LRCX	D	1.34%	0.75%	0.75%
MCHP	D	0.38%	0.85%	0.38%
NVDA	C	12.05%	0.92%	0.92%
NXPI	D	0.86%	0.87%	0.86%
ROP	C	0.88%	0.99%	0.88%
SNPS	F	3.81%	0.84%	0.84%
TSLA	C	3.48%	1.32%	1.32%
TXN	B	0.73%	1.05%	0.73%

IQM Overweight 23 Positions Relative to QQEW

Symbol	Grade	Weight
TSM	C	4.12%
AXON	B	3.89%
PWR	B	2.57%
TER	C	1.89%
APH	C	1.64%
ENTG	D	1.41%
ETN	C	1.32%
PTC	C	1.29%
ALTR	C	1.16%
UBER	C	1.11%
VMI	C	1.07%
KEYS	B	0.82%
TEL	D	0.64%
PRCT	C	0.63%
FSLR	C	0.53%
ZBRA	B	0.53%
VRT	C	0.52%
ALGN	D	0.47%
BSY	C	0.43%
TRMB	C	0.42%
PSTG	F	0.37%
MPWR	B	0.29%
SITM	B	0.27%

IQM Underweight 79 Positions Relative to QQEW

Symbol	Grade	Weight
MELI	C	-1.31%
FTNT	B	-1.28%
PYPL	B	-1.27%
ILMN	D	-1.26%
MDB	D	-1.24%
DASH	B	-1.2%
SBUX	C	-1.2%
XEL	B	-1.19%
GILD	B	-1.18%
AEP	C	-1.16%
ODFL	D	-1.16%
WBD	D	-1.16%
GEHC	B	-1.14%
CTAS	C	-1.14%
CHTR	D	-1.13%
MDLZ	C	-1.12%
TTD	B	-1.12%
WDAY	D	-1.12%
EXC	B	-1.12%
TMUS	B	-1.12%
META	B	-1.12%
ADP	C	-1.11%
BKR	C	-1.1%
CTSH	B	-1.09%
CCEP	C	-1.08%
CSCO	B	-1.08%
AMGN	D	-1.08%
KDP	B	-1.08%
REGN	D	-1.08%
FAST	C	-1.08%
ON	D	-1.06%
CSGP	D	-1.06%
MNST	D	-1.05%
PAYX	C	-1.05%
LIN	B	-1.05%
COST	C	-1.05%
KHC	C	-1.05%
PEP	D	-1.04%
CMCSA	C	-1.04%
ROST	C	-1.03%
INTU	D	-1.03%
PANW	D	-1.03%
CSX	C	-1.03%
MRVL	D	-1.03%
NFLX	B	-1.02%
ORLY	B	-1.02%
VRTX	D	-1.01%
MAR	B	-1.0%
TEAM	D	-1.0%
AMZN	C	-1.0%
BKNG	B	-1.0%
EA	D	-1.0%
AZN	D	-0.99%
DDOG	D	-0.98%
VRSK	D	-0.98%
ADBE	F	-0.98%
MSFT	C	-0.97%
CDW	D	-0.96%
TTWO	D	-0.96%
CPRT	D	-0.95%
CEG	C	-0.95%
ZS	F	-0.95%
FANG	F	-0.94%
PCAR	D	-0.93%
BIIB	F	-0.89%
ARM	C	-0.87%
LULU	D	-0.86%
ABNB	D	-0.85%
QCOM	D	-0.81%
GFS	F	-0.8%
DLTR	F	-0.69%
PDD	D	-0.69%
INTC	D	-0.67%
MU	D	-0.63%
DXCM	F	-0.61%
MRNA	F	-0.51%
GOOGL	D	-0.45%
GOOG	D	-0.45%
SMCI	F	-0.37%