QQEW vs. IGPT ETF Comparison

Comparison of First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW) to Invesco AI and Next Gen Software ETF (IGPT)

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

$129.71

Average Daily Volume

54,762

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

IGPT

Invesco AI and Next Gen Software ETF

IGPT Description

The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is composed of securities of companies with significant exposure to technologies or products that contribute to future software development through direct revenue. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$47.31

Average Daily Volume

45,612

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QQEW	IGPT
30 Days	2.68%	2.96%
60 Days	4.65%	6.84%
90 Days	4.30%	4.67%
12 Months	19.78%	30.94%

19 Overlapping Holdings

Symbol	Grade	Weight in QQEW	Weight in IGPT	Overlap
ADBE	C	0.97%	6.73%	0.97%
ADSK	A	1.1%	2.26%	1.1%
AMD	F	0.85%	6.86%	0.85%
ANSS	B	1.02%	1.02%	1.02%
ARM	F	0.94%	0.59%	0.59%
CDNS	B	1.06%	2.5%	1.06%
EA	A	1.13%	0.83%	0.83%
GOOGL	C	0.52%	8.45%	0.52%
INTC	C	1.1%	3.46%	1.1%
ISRG	A	1.06%	4.56%	1.06%
MCHP	F	0.82%	0.87%	0.82%
META	D	0.99%	8.18%	0.99%
MRVL	B	1.18%	1.61%	1.18%
MU	D	1.05%	3.77%	1.05%
NVDA	B	1.21%	9.18%	1.21%
QCOM	F	0.93%	4.16%	0.93%
SMCI	F	0.38%	0.3%	0.3%
SNPS	B	1.04%	1.81%	1.04%
TTD	B	1.1%	1.93%	1.1%

QQEW Overweight 82 Positions Relative to IGPT

Symbol	Grade	Weight
TEAM	A	1.47%
TSLA	B	1.25%
LULU	C	1.21%
DASH	B	1.19%
FTNT	C	1.18%
TTWO	A	1.17%
BKNG	A	1.17%
ZS	B	1.16%
CHTR	C	1.15%
NFLX	A	1.15%
WBD	B	1.15%
BKR	A	1.15%
TMUS	B	1.14%
PCAR	B	1.12%
ODFL	C	1.11%
MAR	A	1.11%
PANW	B	1.11%
FAST	B	1.11%
DDOG	A	1.1%
CRWD	B	1.1%
HON	C	1.09%
PDD	F	1.08%
CSCO	B	1.07%
CPRT	B	1.07%
PYPL	B	1.07%
AMZN	C	1.06%
ORLY	B	1.06%
ADP	A	1.05%
MNST	C	1.05%
WDAY	B	1.05%
PAYX	B	1.05%
GILD	C	1.05%
VRSK	A	1.04%
CMCSA	B	1.04%
ILMN	C	1.04%
GFS	C	1.04%
INTU	B	1.04%
XEL	A	1.03%
DXCM	C	1.02%
CTAS	B	1.02%
CTSH	B	1.02%
MDB	B	1.01%
VRTX	D	1.0%
SBUX	A	0.99%
COST	A	0.98%
CSX	C	0.98%
ABNB	C	0.98%
FANG	C	0.97%
ROP	B	0.97%
TXN	C	0.97%
AVGO	D	0.96%
AAPL	C	0.96%
MSFT	D	0.94%
PEP	F	0.93%
NXPI	D	0.93%
LRCX	F	0.93%
AMAT	F	0.93%
CSGP	D	0.93%
CCEP	C	0.93%
LIN	C	0.92%
ON	D	0.92%
EXC	C	0.91%
ADI	D	0.9%
ROST	D	0.89%
DLTR	F	0.88%
AEP	C	0.88%
GEHC	D	0.88%
KHC	F	0.87%
KDP	F	0.86%
MELI	C	0.86%
MDLZ	F	0.85%
CEG	C	0.85%
ASML	F	0.84%
AMGN	F	0.84%
KLAC	F	0.82%
AZN	F	0.8%
IDXX	F	0.8%
BIIB	F	0.79%
CDW	F	0.77%
REGN	F	0.66%
MRNA	F	0.58%
GOOG	C	0.52%

QQEW Underweight 44 Positions Relative to IGPT

Symbol	Grade	Weight
EQIX	A	-2.92%
MSTR	B	-1.96%
DLR	B	-1.89%
SNOW	B	-1.48%
HUBS	A	-1.22%
AME	A	-1.08%
WDC	D	-0.74%
FTV	C	-0.71%
STX	C	-0.7%
GRMN	B	-0.65%
PINS	F	-0.61%
NTAP	C	-0.6%
DOCU	B	-0.56%
HPE	B	-0.5%
BIDU	F	-0.45%
IOT	A	-0.37%
PSTG	D	-0.32%
BSY	F	-0.29%
ROKU	D	-0.28%
CGNX	D	-0.24%
LSCC	D	-0.24%
ESTC	C	-0.23%
U	C	-0.21%
ALTR	B	-0.19%
RDNT	B	-0.17%
CRDO	B	-0.17%
DLB	B	-0.14%
PEGA	B	-0.13%
NOVT	D	-0.13%
SLAB	F	-0.12%
CCOI	B	-0.11%
TDC	D	-0.1%
DV	C	-0.1%
FIVN	C	-0.1%
BRZE	C	-0.09%
MGNI	B	-0.08%
AMBA	B	-0.08%
IPGP	D	-0.08%
INFA	D	-0.06%
CLVT	D	-0.05%
VRNT	C	-0.05%
CXM	C	-0.04%
HLIT	D	-0.03%
MXL	C	-0.02%