QQEW vs. DSTL ETF Comparison

Comparison of First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW) to Distillate U.S. Fundamental Stability & Value ETF (DSTL)

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

$132.00

Average Daily Volume

54,613

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

DSTL

Distillate U.S. Fundamental Stability & Value ETF

DSTL Description

The investment seeks to track the performance, before fees and expenses, of the Distillate U.S. Fundamental Stability & Value Index (the "index"). Under normal circumstances, at least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index. The index was developed in 2018 by Distillate Capital Partners LLC, the fund's investment adviser and index provider (the "Adviser"), and uses an objective, rules-based methodology to measure the performance of U.S.-listed, large-capitalization equity securities, selected based on certain fundamental factors.

Grade (RS Rating)

Last Trade

$58.78

Average Daily Volume

111,336

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QQEW	DSTL
30 Days	4.58%	5.38%
60 Days	4.98%	3.96%
90 Days	6.88%	5.79%
12 Months	21.56%	27.97%

18 Overlapping Holdings

Symbol	Grade	Weight in QQEW	Weight in DSTL	Overlap
ABNB	C	1.0%	1.02%	1.0%
ADP	B	1.05%	1.36%	1.05%
AMAT	F	0.86%	1.12%	0.86%
AMGN	D	0.83%	1.59%	0.83%
BKNG	B	1.2%	1.61%	1.2%
CMCSA	C	1.04%	1.94%	1.04%
CSCO	A	1.07%	2.16%	1.07%
CTSH	B	1.0%	0.86%	0.86%
EA	C	1.16%	0.95%	0.95%
FANG	F	0.97%	1.02%	0.97%
HON	B	1.08%	1.35%	1.08%
LRCX	F	0.88%	0.96%	0.88%
ON	C	0.94%	0.78%	0.78%
PAYX	B	1.03%	0.97%	0.97%
PCAR	B	1.08%	1.16%	1.08%
PYPL	A	1.07%	1.2%	1.07%
QCOM	F	0.89%	1.44%	0.89%
TMUS	A	1.15%	2.5%	1.15%

QQEW Overweight 83 Positions Relative to DSTL

Symbol	Grade	Weight
TEAM	B	1.46%
TSLA	B	1.39%
NVDA	C	1.22%
NFLX	B	1.22%
TTWO	B	1.21%
DASH	A	1.2%
BKR	C	1.19%
MRVL	B	1.18%
FTNT	C	1.17%
WBD	C	1.17%
DDOG	A	1.15%
LULU	C	1.14%
CHTR	C	1.14%
ZS	C	1.13%
PDD	F	1.13%
CRWD	B	1.13%
ADSK	B	1.12%
PANW	C	1.12%
FAST	B	1.12%
MAR	A	1.11%
TTD	B	1.1%
CDNS	B	1.08%
ISRG	C	1.08%
INTC	C	1.07%
ODFL	B	1.07%
XEL	A	1.06%
CPRT	A	1.05%
MU	D	1.05%
DXCM	C	1.04%
ANSS	B	1.04%
SNPS	B	1.04%
CTAS	B	1.04%
ORLY	B	1.04%
VRSK	A	1.04%
GILD	B	1.03%
GFS	C	1.03%
AMZN	C	1.03%
MNST	B	1.02%
WDAY	C	1.01%
SBUX	B	0.99%
COST	B	0.99%
META	D	0.98%
INTU	C	0.98%
MDB	C	0.98%
APP	B	0.97%
AAPL	B	0.97%
ILMN	C	0.97%
ROP	B	0.96%
CSGP	C	0.96%
CSX	B	0.96%
TXN	D	0.95%
VRTX	D	0.94%
LIN	D	0.93%
AVGO	D	0.93%
MSFT	D	0.93%
ADBE	C	0.93%
EXC	D	0.93%
ARM	D	0.93%
AEP	D	0.92%
NXPI	D	0.92%
CCEP	B	0.91%
GEHC	F	0.91%
CEG	D	0.9%
PEP	F	0.9%
ADI	D	0.9%
MELI	C	0.89%
ROST	C	0.88%
AMD	F	0.86%
KHC	D	0.86%
MDLZ	F	0.84%
KDP	D	0.83%
MCHP	F	0.82%
IDXX	F	0.8%
ASML	F	0.8%
KLAC	F	0.79%
AZN	F	0.78%
CDW	F	0.76%
BIIB	F	0.76%
REGN	F	0.63%
MRNA	F	0.55%
SMCI	D	0.55%
GOOGL	C	0.52%
GOOG	C	0.52%

QQEW Underweight 80 Positions Relative to DSTL

Symbol	Grade	Weight
UNH	B	-3.31%
JNJ	D	-2.52%
ABBV	D	-2.21%
CRM	B	-1.98%
MO	A	-1.57%
CI	D	-1.48%
MCK	C	-1.46%
ABT	B	-1.46%
BLK	C	-1.38%
LOW	C	-1.31%
EPD	B	-1.21%
FDX	B	-1.18%
MPLX	B	-1.14%
LMT	D	-1.11%
ELV	F	-1.1%
CME	A	-1.03%
CMI	A	-0.96%
AJG	A	-0.96%
SW	B	-0.95%
GD	F	-0.95%
AME	A	-0.92%
CPAY	A	-0.92%
GDDY	B	-0.92%
KR	A	-0.91%
FIX	A	-0.89%
FIS	D	-0.88%
WSM	B	-0.87%
OC	B	-0.87%
JBL	C	-0.86%
WAB	B	-0.86%
PR	C	-0.85%
PKG	B	-0.84%
SYY	C	-0.83%
EPAM	C	-0.83%
LEN	C	-0.83%
JAZZ	B	-0.82%
GMED	A	-0.82%
ZM	B	-0.81%
TDY	B	-0.81%
BR	A	-0.81%
USFD	A	-0.8%
OMC	C	-0.8%
NTAP	C	-0.79%
DBX	C	-0.78%
FFIV	A	-0.78%
DGX	B	-0.78%
TOL	A	-0.78%
LECO	C	-0.76%
GIS	D	-0.76%
PHM	C	-0.76%
SSNC	A	-0.76%
CBOE	B	-0.74%
HSY	F	-0.74%
NVR	D	-0.74%
GGG	B	-0.73%
HRL	D	-0.72%
VRSN	F	-0.72%
TXT	D	-0.71%
DRI	B	-0.71%
ALLE	D	-0.7%
DOX	D	-0.7%
TPX	A	-0.7%
MAS	C	-0.69%
LKQ	D	-0.68%
AVY	D	-0.66%
DKS	C	-0.66%
EMN	D	-0.66%
GPC	D	-0.65%
BLD	C	-0.64%
SWKS	F	-0.64%
MEDP	F	-0.64%
ULTA	F	-0.64%
WEX	F	-0.62%
UHS	D	-0.61%
AOS	D	-0.6%
WMS	F	-0.59%
HII	F	-0.53%
ICLR	F	-0.53%
CROX	F	-0.5%
QRVO	F	-0.45%