QQEW vs. FCPI ETF Comparison

Comparison of First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW) to Fidelity Stocks for Inflation ETF (FCPI)

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

$131.51

Average Daily Volume

54,590

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

FCPI

Fidelity Stocks for Inflation ETF

FCPI Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Stocks for Inflation Factor Index℠. The fund normally invests at least 80% of its assets in securities included in the Fidelity Stocks for Inflation Factor Index℠, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with attractive valuations, high quality profiles and positive momentum signals, emphasizing industries that tend to outperform in inflationary environments.

Grade (RS Rating)

Last Trade

$46.45

Average Daily Volume

23,365

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	QQEW	FCPI
30 Days	4.19%	7.48%
60 Days	4.65%	7.56%
90 Days	7.39%	10.46%
12 Months	21.42%	40.13%

22 Overlapping Holdings

Symbol	Grade	Weight in QQEW	Weight in FCPI	Overlap
AAPL	A	0.97%	5.11%	0.97%
ABNB	C	1.0%	0.32%	0.32%
AMAT	F	0.86%	0.38%	0.38%
AMZN	B	1.03%	1.95%	1.03%
APP	B	0.97%	0.92%	0.92%
AVGO	D	0.93%	1.27%	0.93%
BKNG	A	1.2%	0.52%	0.52%
CMCSA	C	1.04%	0.16%	0.16%
CRWD	B	1.13%	0.42%	0.42%
GOOGL	C	0.52%	1.45%	0.52%
KLAC	D	0.79%	0.28%	0.28%
LRCX	F	0.88%	0.3%	0.3%
META	D	0.98%	0.96%	0.96%
MSFT	C	0.93%	4.79%	0.93%
MU	F	1.05%	0.35%	0.35%
NFLX	B	1.22%	0.33%	0.33%
NVDA	C	1.22%	5.6%	1.22%
NXPI	D	0.92%	0.26%	0.26%
PANW	B	1.12%	0.43%	0.43%
QCOM	F	0.89%	0.44%	0.44%
REGN	F	0.63%	0.85%	0.63%
TMUS	A	1.15%	0.13%	0.13%

QQEW Overweight 79 Positions Relative to FCPI

Symbol	Grade	Weight
TEAM	B	1.46%
TSLA	B	1.39%
TTWO	A	1.21%
DASH	A	1.2%
BKR	C	1.19%
MRVL	B	1.18%
FTNT	B	1.17%
WBD	C	1.17%
EA	B	1.16%
DDOG	B	1.15%
LULU	C	1.14%
CHTR	B	1.14%
ZS	C	1.13%
PDD	F	1.13%
ADSK	B	1.12%
FAST	A	1.12%
MAR	A	1.11%
TTD	B	1.1%
CDNS	B	1.08%
PCAR	B	1.08%
ISRG	B	1.08%
HON	B	1.08%
INTC	D	1.07%
PYPL	B	1.07%
ODFL	B	1.07%
CSCO	A	1.07%
XEL	A	1.06%
CPRT	A	1.05%
ADP	A	1.05%
DXCM	C	1.04%
ANSS	B	1.04%
SNPS	B	1.04%
CTAS	A	1.04%
ORLY	A	1.04%
VRSK	A	1.04%
GILD	B	1.03%
GFS	C	1.03%
PAYX	B	1.03%
MNST	B	1.02%
WDAY	C	1.01%
CTSH	A	1.0%
SBUX	B	0.99%
COST	A	0.99%
INTU	C	0.98%
MDB	C	0.98%
FANG	F	0.97%
ILMN	C	0.97%
ROP	B	0.96%
CSGP	C	0.96%
CSX	B	0.96%
TXN	D	0.95%
ON	D	0.94%
VRTX	D	0.94%
LIN	D	0.93%
ADBE	C	0.93%
EXC	C	0.93%
ARM	D	0.93%
AEP	C	0.92%
CCEP	B	0.91%
GEHC	F	0.91%
CEG	C	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%
AMGN	F	0.83%
KDP	D	0.83%
MCHP	D	0.82%
IDXX	F	0.8%
ASML	F	0.8%
AZN	D	0.78%
CDW	F	0.76%
BIIB	F	0.76%
MRNA	F	0.55%
SMCI	F	0.55%
GOOG	C	0.52%

QQEW Underweight 79 Positions Relative to FCPI

Symbol	Grade	Weight
VST	B	-4.0%
TPL	B	-3.42%
CF	B	-2.69%
STLD	B	-2.59%
NRG	B	-2.51%
NUE	D	-2.2%
PG	A	-2.18%
AM	A	-2.11%
BRBR	A	-2.07%
LLY	D	-2.02%
SPG	A	-2.02%
MPC	D	-1.86%
VLO	C	-1.81%
MO	A	-1.75%
VICI	C	-1.73%
HST	C	-1.71%
KMB	C	-1.47%
ABBV	D	-1.45%
CL	D	-1.45%
COKE	C	-1.42%
UTHR	B	-1.19%
CI	D	-1.18%
MCK	B	-1.17%
V	A	-1.13%
THC	D	-1.09%
HCA	F	-1.07%
RPRX	D	-0.98%
UHS	D	-0.97%
ELV	F	-0.94%
MEDP	D	-0.89%
PGR	A	-0.78%
AMP	A	-0.75%
COF	B	-0.72%
C	B	-0.7%
SYF	A	-0.7%
DFS	B	-0.69%
CAT	B	-0.63%
FIX	A	-0.61%
RNR	C	-0.6%
JXN	B	-0.6%
EME	B	-0.6%
HIG	A	-0.59%
CRBG	B	-0.57%
MLI	C	-0.55%
RGA	A	-0.54%
MTG	B	-0.52%
IBM	C	-0.51%
LDOS	D	-0.48%
CSL	B	-0.46%
OC	B	-0.45%
BCC	B	-0.43%
FICO	A	-0.37%
ANET	C	-0.36%
WSM	B	-0.35%
APH	B	-0.35%
EBAY	C	-0.32%
DOCU	B	-0.31%
TOL	B	-0.31%
GDDY	A	-0.3%
ZM	B	-0.29%
DELL	C	-0.29%
PHM	D	-0.29%
ANF	C	-0.27%
ATKR	C	-0.27%
HRB	D	-0.27%
GEN	A	-0.25%
CVLT	A	-0.24%
ACIW	B	-0.24%
GAP	C	-0.24%
NTAP	B	-0.23%
DBX	C	-0.23%
QLYS	C	-0.21%
DIS	B	-0.19%
ONTO	F	-0.19%
CRUS	D	-0.17%
SWKS	D	-0.17%
T	A	-0.16%
VZ	B	-0.16%
PINS	D	-0.04%