QQEW vs. FDCF ETF Comparison

Comparison of First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW) to Fidelity Disruptive Communications ETF (FDCF)

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

$130.64

Average Daily Volume

54,606

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

FDCF

Fidelity Disruptive Communications ETF

FDCF Description

The fund normally invests at least 80% of assets in securities of disruptive communications companies. Fidelity's disruptive strategies seek to identify innovative developments that could signal new directions for delivering products and services to customers. Generally, these companies have or are developing new or unconventional ways of doing business that could disrupt and displace incumbents over time. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$38.56

Average Daily Volume

6,453

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QQEW	FDCF
30 Days	4.45%	3.02%
60 Days	5.07%	7.38%
90 Days	5.05%	9.05%
12 Months	20.64%	41.68%

14 Overlapping Holdings

Symbol	Grade	Weight in QQEW	Weight in FDCF	Overlap
AAPL	C	0.97%	2.43%	0.97%
AMZN	C	1.03%	5.62%	1.03%
CDNS	B	1.08%	2.28%	1.08%
CMCSA	B	1.04%	2.2%	1.04%
GOOGL	C	0.52%	5.47%	0.52%
META	D	0.98%	3.08%	0.98%
MSFT	F	0.93%	1.37%	0.93%
NFLX	A	1.22%	2.08%	1.22%
NVDA	C	1.22%	5.66%	1.22%
NXPI	D	0.92%	1.09%	0.92%
ON	D	0.94%	0.69%	0.69%
PDD	F	1.13%	2.9%	1.13%
SNPS	B	1.04%	1.04%	1.04%
TMUS	B	1.15%	4.48%	1.15%

QQEW Overweight 87 Positions Relative to FDCF

Symbol	Grade	Weight
TEAM	A	1.46%
TSLA	B	1.39%
TTWO	A	1.21%
DASH	A	1.2%
BKNG	A	1.2%
BKR	B	1.19%
MRVL	B	1.18%
FTNT	C	1.17%
WBD	C	1.17%
EA	A	1.16%
DDOG	A	1.15%
LULU	C	1.14%
CHTR	C	1.14%
ZS	C	1.13%
CRWD	B	1.13%
ADSK	A	1.12%
PANW	C	1.12%
FAST	B	1.12%
MAR	B	1.11%
TTD	B	1.1%
PCAR	B	1.08%
ISRG	A	1.08%
HON	B	1.08%
INTC	D	1.07%
PYPL	B	1.07%
ODFL	B	1.07%
CSCO	B	1.07%
XEL	A	1.06%
CPRT	A	1.05%
ADP	B	1.05%
MU	D	1.05%
DXCM	D	1.04%
ANSS	B	1.04%
CTAS	B	1.04%
ORLY	B	1.04%
VRSK	A	1.04%
GILD	C	1.03%
GFS	C	1.03%
PAYX	C	1.03%
MNST	C	1.02%
WDAY	B	1.01%
CTSH	B	1.0%
ABNB	C	1.0%
SBUX	A	0.99%
COST	B	0.99%
INTU	C	0.98%
MDB	C	0.98%
APP	B	0.97%
FANG	D	0.97%
ILMN	D	0.97%
ROP	B	0.96%
CSGP	D	0.96%
CSX	B	0.96%
TXN	C	0.95%
VRTX	F	0.94%
LIN	D	0.93%
AVGO	D	0.93%
ADBE	C	0.93%
EXC	C	0.93%
ARM	D	0.93%
AEP	D	0.92%
CCEP	C	0.91%
GEHC	F	0.91%
CEG	D	0.9%
PEP	F	0.9%
ADI	D	0.9%
QCOM	F	0.89%
MELI	D	0.89%
ROST	C	0.88%
LRCX	F	0.88%
AMD	F	0.86%
KHC	F	0.86%
AMAT	F	0.86%
MDLZ	F	0.84%
AMGN	D	0.83%
KDP	D	0.83%
MCHP	D	0.82%
IDXX	F	0.8%
ASML	F	0.8%
KLAC	D	0.79%
AZN	D	0.78%
CDW	F	0.76%
BIIB	F	0.76%
REGN	F	0.63%
MRNA	F	0.55%
SMCI	F	0.55%
GOOG	C	0.52%

QQEW Underweight 21 Positions Relative to FDCF

Symbol	Grade	Weight
SE	B	-4.91%
ANET	C	-4.87%
AMT	D	-4.68%
TSM	B	-4.34%
LBRDA	C	-4.1%
SNAP	C	-3.02%
TWLO	A	-2.78%
PINS	D	-2.53%
UBER	D	-2.47%
IOT	A	-1.88%
SPOT	B	-1.51%
BABA	D	-1.41%
ZM	B	-1.39%
NOW	A	-1.35%
PI	D	-1.3%
DOCU	A	-1.11%
DY	D	-1.09%
GOGO	C	-1.02%
NET	B	-1.01%
BMBL	C	-0.98%
SATS	D	-0.71%