QQEW vs. IQM ETF Comparison

Comparison of First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW) to Franklin Intelligent Machines ETF (IQM)

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

$130.33

Average Daily Volume

54,063

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

IQM

Franklin Intelligent Machines ETF

IQM Description

The investment seeks capital appreciation. Under normal market conditions, the fund invests at least 80% of its net assets in equity securities of companies that are relevant to its investment theme of intelligent machines. The fund invests predominantly in common stock. Although it may invest across economic sectors, the advisor expects to have significant positions in particular sectors including technology. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$67.74

Average Daily Volume

4,362

Number of Holdings ^*

49

* may have additional holdings in another (foreign) market

Performance

Period	QQEW	IQM
30 Days	4.20%	7.46%
60 Days	4.82%	9.03%
90 Days	4.80%	7.71%
12 Months	20.36%	42.26%

21 Overlapping Holdings

	Symbol	Grade	Weight in QQEW	Weight in IQM	Overlap
	AAPL	C	0.96%	4.09%	0.96%
	ADI	D	0.9%	1.36%	0.9%
	ADSK	A	1.1%	1.94%	1.1%
	AMAT	F	0.93%	2.49%	0.93%
	AMD	F	0.85%	2.09%	0.85%
	ASML	F	0.84%	2.85%	0.84%
	AVGO	D	0.96%	2.12%	0.96%
	BKR	B	1.15%	0.55%	0.55%
	CDNS	B	1.06%	3.99%	1.06%
	CRWD	B	1.1%	0.85%	0.85%
	IDXX	F	0.8%	0.71%	0.71%
	ISRG	A	1.06%	5.7%	1.06%
	KLAC	D	0.82%	1.31%	0.82%
	LRCX	F	0.93%	1.19%	0.93%
	MCHP	F	0.82%	0.3%	0.3%
	NVDA	C	1.21%	13.78%	1.21%
	NXPI	D	0.93%	0.45%	0.45%
	ROP	B	0.97%	0.84%	0.84%
	SNPS	B	1.04%	3.87%	1.04%
	TSLA	B	1.25%	4.19%	1.25%
	TXN	C	0.97%	0.7%	0.7%

QQEW Overweight 80 Positions Relative to IQM

	Symbol	Grade	Weight
	TEAM	A	1.47%
	LULU	C	1.21%
	DASH	A	1.19%
	MRVL	B	1.18%
	FTNT	C	1.18%
	TTWO	A	1.17%
	BKNG	A	1.17%
	ZS	C	1.16%
	CHTR	C	1.15%
	NFLX	A	1.15%
	WBD	C	1.15%
	TMUS	B	1.14%
	EA	A	1.13%
	PCAR	B	1.12%
	ODFL	B	1.11%
	MAR	B	1.11%
	PANW	C	1.11%
	FAST	B	1.11%
	DDOG	A	1.1%
	INTC	D	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%
	ORLY	B	1.06%
	MU	D	1.05%
	ADP	B	1.05%
	MNST	C	1.05%
	WDAY	B	1.05%
	PAYX	C	1.05%
	GILD	C	1.05%
	VRSK	A	1.04%
	CMCSA	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%
	CTSH	B	1.02%
	MDB	C	1.01%
	VRTX	F	1.0%
	META	D	0.99%
	SBUX	A	0.99%
	COST	B	0.98%
	CSX	B	0.98%
	ABNB	C	0.98%
	FANG	D	0.97%
	ADBE	C	0.97%
	MSFT	F	0.94%
	ARM	D	0.94%
	PEP	F	0.93%
	CSGP	D	0.93%
	QCOM	F	0.93%
	CCEP	C	0.93%
	LIN	D	0.92%
	ON	D	0.92%
	EXC	C	0.91%
	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%
	AMGN	D	0.84%
	AZN	D	0.8%
	BIIB	F	0.79%
	CDW	F	0.77%
	REGN	F	0.66%
	MRNA	F	0.58%
	GOOGL	C	0.52%
	GOOG	C	0.52%
	SMCI	F	0.38%

QQEW Underweight 28 Positions Relative to IQM

	Symbol	Grade	Weight
	AXON	A	-5.49%
	TSM	B	-4.05%
	PWR	A	-2.63%
	TER	D	-1.45%
	APH	A	-1.33%
	UBER	D	-1.33%
	PTC	A	-1.31%
	VMI	B	-1.2%
	ALTR	B	-1.2%
	GEV	B	-1.16%
	VRT	B	-1.1%
	ETN	A	-1.04%
	ZBRA	B	-1.02%
	AVAV	D	-1.0%
	KEYS	A	-0.8%
	PRCT	B	-0.71%
	ENTG	D	-0.65%
	IOT	A	-0.53%
	TRMB	B	-0.48%
	BSY	D	-0.39%
	FSLR	F	-0.36%
	PSTG	D	-0.35%
	PLTR	B	-0.33%
	SITM	B	-0.31%
	FTI	A	-0.26%
	OII	B	-0.26%
	ALGN	F	-0.22%
	MPWR	F	-0.19%

QQEW: Top Represented Industries & Keywords

Industries: Semiconductors Software - Application Beverages - Soft Drinks Business Services Drug Manufacturers - Major Semiconductor Equipment & Materials Specialty Retail Biotechnology Diagnostics & Research Internet Content & Information Software - Infrastructure Apparel Stores Discount Stores Diversified Industrials Electronic Gaming & Multimedia Information Technology Services Internet Content & Information Pay TV Utilities - Regulated Electric Auto & Truck Dealerships

Keywords: Nasdaq 100 S&P 500 Computing Integrated Circuits Semiconductor Mobile Devices Work From Home Smartphones Dow Jones Component Software Cloud Computing Electronics Fabless Semiconductor Companies Electronic Design Medicine Natural Gas Power Management Cloud Infrastructure Electricity Ethernet

IQM: Top Represented Industries & Keywords

Industries: Semiconductors Semiconductor Equipment & Materials Software - Application Software - Infrastructure Oil & Gas Equipment & Services Aerospace & Defense Diversified Industrials Medical Devices Scientific & Technical Instruments Auto Manufacturers Conglomerates Consumer Electronics Data Storage Diagnostics & Research Electronic Components Engineering & Construction Medical Instruments & Supplies Metal Fabrication Solar Specialty Industrial Machinery

Keywords: S&P 500 Nasdaq 100 Semiconductor Integrated Circuits Computing Semiconductor Device Fabrication Electronics Power Management Aerospace IBD 50 Smartphones Design Manufacturers Device Manufacturers Electronic Design Electronic Engineering Internet Of Things Semiconductor Devices Wireless Communication Batteries Chemical Vapor Deposition