QQEW vs. FLRG ETF Comparison

Comparison of First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW) to Fidelity U.S. Multifactor ETF (FLRG)

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

FLRG

Fidelity U.S. Multifactor ETF

FLRG Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Multifactor Index?. The fund normally invests at least 80% of its assets in securities included in the Fidelity U.S. Multifactor Index?. The Fidelity U.S. Multifactor Index? is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with attractive valuations, high quality profiles, positive momentum signals, and lower volatility than the broader market.

Grade (RS Rating)

Last Trade

$35.37

Average Daily Volume

51,658

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	QQEW	FLRG
30 Days	4.45%	3.91%
60 Days	5.07%	5.11%
90 Days	5.05%	6.17%
12 Months	20.64%	32.36%

26 Overlapping Holdings

Symbol	Grade	Weight in QQEW	Weight in FLRG	Overlap
ADP	B	1.05%	1.17%	1.05%
AMAT	F	0.93%	0.77%	0.77%
AMGN	D	0.84%	0.91%	0.84%
AVGO	D	0.96%	1.93%	0.96%
BKNG	A	1.17%	1.15%	1.15%
CDNS	B	1.06%	0.6%	0.6%
CMCSA	B	1.04%	0.41%	0.41%
CRWD	B	1.1%	0.67%	0.67%
CTSH	B	1.02%	0.52%	0.52%
EA	A	1.13%	0.17%	0.17%
GOOGL	C	0.52%	3.46%	0.52%
KLAC	D	0.82%	0.65%	0.65%
LRCX	F	0.93%	0.63%	0.63%
META	D	0.99%	2.47%	0.99%
MSFT	F	0.94%	6.44%	0.94%
NFLX	A	1.15%	0.69%	0.69%
NVDA	C	1.21%	6.08%	1.21%
NXPI	D	0.93%	0.55%	0.55%
ORLY	B	1.06%	0.91%	0.91%
PAYX	C	1.05%	1.04%	1.04%
PCAR	B	1.12%	1.03%	1.03%
QCOM	F	0.93%	0.81%	0.81%
REGN	F	0.66%	0.8%	0.66%
TMUS	B	1.14%	0.31%	0.31%
VRSK	A	1.04%	1.0%	1.0%
VRTX	F	1.0%	0.79%	0.79%

QQEW Overweight 75 Positions Relative to FLRG

Symbol	Grade	Weight
TEAM	A	1.47%
TSLA	B	1.25%
LULU	C	1.21%
DASH	A	1.19%
MRVL	B	1.18%
FTNT	C	1.18%
TTWO	A	1.17%
ZS	C	1.16%
CHTR	C	1.15%
WBD	C	1.15%
BKR	B	1.15%
ODFL	B	1.11%
MAR	B	1.11%
PANW	C	1.11%
FAST	B	1.11%
DDOG	A	1.1%
INTC	D	1.1%
ADSK	A	1.1%
TTD	B	1.1%
HON	B	1.09%
PDD	F	1.08%
CSCO	B	1.07%
CPRT	A	1.07%
PYPL	B	1.07%
AMZN	C	1.06%
ISRG	A	1.06%
MU	D	1.05%
MNST	C	1.05%
WDAY	B	1.05%
GILD	C	1.05%
SNPS	B	1.04%
ILMN	D	1.04%
GFS	C	1.04%
INTU	C	1.04%
XEL	A	1.03%
DXCM	D	1.02%
ANSS	B	1.02%
CTAS	B	1.02%
MDB	C	1.01%
SBUX	A	0.99%
COST	B	0.98%
CSX	B	0.98%
ABNB	C	0.98%
FANG	D	0.97%
ROP	B	0.97%
TXN	C	0.97%
ADBE	C	0.97%
AAPL	C	0.96%
ARM	D	0.94%
PEP	F	0.93%
CSGP	D	0.93%
CCEP	C	0.93%
LIN	D	0.92%
ON	D	0.92%
EXC	C	0.91%
ADI	D	0.9%
ROST	C	0.89%
DLTR	F	0.88%
AEP	D	0.88%
GEHC	F	0.88%
KHC	F	0.87%
KDP	D	0.86%
MELI	D	0.86%
MDLZ	F	0.85%
CEG	D	0.85%
AMD	F	0.85%
ASML	F	0.84%
MCHP	D	0.82%
AZN	D	0.8%
IDXX	F	0.8%
BIIB	F	0.79%
CDW	F	0.77%
MRNA	F	0.58%
GOOG	C	0.52%
SMCI	F	0.38%

QQEW Underweight 75 Positions Relative to FLRG

Symbol	Grade	Weight
LLY	F	-1.98%
VST	B	-1.76%
V	A	-1.66%
MA	C	-1.64%
HD	A	-1.62%
PG	A	-1.43%
JNJ	D	-1.35%
ABBV	D	-1.29%
MCD	D	-1.28%
PGR	A	-1.25%
LMT	D	-1.2%
NFG	A	-1.12%
PSA	D	-1.04%
ALSN	B	-1.02%
ACGL	D	-1.02%
PM	B	-1.01%
MLI	C	-1.0%
BCC	B	-0.97%
SNA	A	-0.97%
HIG	B	-0.95%
NVR	D	-0.94%
CF	B	-0.91%
LEN	D	-0.91%
PHM	D	-0.91%
IBM	C	-0.9%
DTM	B	-0.9%
EG	C	-0.9%
JXN	C	-0.89%
CRBG	B	-0.88%
VICI	C	-0.88%
SYF	B	-0.88%
OHI	C	-0.87%
MTG	C	-0.87%
AZO	C	-0.87%
HRB	D	-0.87%
ESNT	D	-0.87%
WSM	B	-0.86%
CI	F	-0.83%
RGA	A	-0.83%
CTRA	B	-0.83%
NUE	C	-0.82%
MO	A	-0.82%
CL	D	-0.82%
STLD	B	-0.81%
RDN	C	-0.81%
VLO	C	-0.81%
BRBR	A	-0.77%
KMB	D	-0.75%
UTHR	C	-0.7%
ANET	C	-0.68%
CNC	D	-0.67%
CHRD	D	-0.67%
MOH	F	-0.65%
MSI	B	-0.64%
FICO	B	-0.63%
RPRX	D	-0.63%
APH	A	-0.61%
MCK	B	-0.6%
ZM	B	-0.56%
DELL	C	-0.54%
GDDY	A	-0.53%
GEN	B	-0.51%
DBX	B	-0.5%
AKAM	D	-0.5%
ACIW	B	-0.5%
NTAP	C	-0.49%
CRUS	D	-0.47%
VZ	C	-0.47%
DOX	D	-0.47%
CVLT	B	-0.47%
DLB	B	-0.45%
SWKS	F	-0.43%
QLYS	C	-0.42%
T	A	-0.41%
FOXA	B	-0.14%