QQEW vs. JEPQ ETF Comparison

Comparison of First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW) to J.P. Morgan Nasdaq Equity Premium Income ETF (JEPQ)

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

$125.24

Average Daily Volume

81,540

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

JEPQ

J.P. Morgan Nasdaq Equity Premium Income ETF

JEPQ Description

J.P. Morgan Nasdaq Equity Premium Income ETF its a fund to list on the Nasdaq, is an active equity ETF that seeks to deliver an attractive distributable yield while also delivering a significant portion of the returns associated with the fund’s primary benchmark, the Nasdaq-100 Index, with less volatility. This Fund was built for investors that are seeking income while also owning companies that provide exposure to Nasdaq's innovative marketplace. This strategy benefits from the intentionality of an active manager while being delivered through the ETF technology.

Grade (RS Rating)

Last Trade

$55.88

Average Daily Volume

2,691,098

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QQEW	JEPQ
30 Days	2.51%	2.68%
60 Days	4.44%	5.82%
90 Days	2.90%	6.02%
12 Months	19.21%	27.50%

64 Overlapping Holdings

Symbol	Grade	Weight in QQEW	Weight in JEPQ	Overlap
AAPL	A	1.03%	7.25%	1.03%
ABNB	B	1.01%	0.14%	0.14%
ADBE	B	1.03%	1.2%	1.03%
ADI	B	0.98%	1.06%	0.98%
AMAT	B	0.99%	0.71%	0.71%
AMD	B	0.99%	1.8%	0.99%
AMGN	B	1.02%	0.46%	0.46%
AMZN	A	1.05%	4.74%	1.05%
ANSS	C	0.99%	0.09%	0.09%
ASML	A	0.99%	0.8%	0.8%
AVGO	B	0.96%	3.35%	0.96%
BIIB	C	1.02%	0.32%	0.32%
BKNG	B	1.01%	1.25%	1.01%
CHTR	C	1.01%	0.22%	0.22%
CMCSA	F	1.0%	0.98%	0.98%
COST	A	1.0%	1.58%	1.0%
CPRT	C	1.01%	0.57%	0.57%
CRWD	B	1.02%	0.64%	0.64%
CSCO	D	1.0%	0.87%	0.87%
CSX	D	0.99%	0.57%	0.57%
CTSH	C	0.99%	0.12%	0.12%
DASH	C	0.97%	0.16%	0.16%
DLTR	F	0.99%	0.18%	0.18%
DXCM	D	0.98%	0.49%	0.49%
FANG	B	1.04%	0.34%	0.34%
GOOG	A	0.52%	4.55%	0.52%
HON	B	1.0%	0.71%	0.71%
INTC	C	0.99%	0.44%	0.44%
INTU	A	1.03%	1.36%	1.03%
ISRG	A	1.03%	1.12%	1.03%
KHC	D	0.98%	0.29%	0.29%
LIN	C	1.0%	0.96%	0.96%
LRCX	B	1.01%	1.1%	1.01%
LULU	F	0.99%	0.11%	0.11%
MAR	C	1.0%	0.52%	0.52%
MDB	D	1.07%	0.15%	0.15%
MDLZ	D	1.0%	0.69%	0.69%
MELI	B	1.04%	0.55%	0.55%
META	A	1.05%	4.18%	1.05%
MNST	D	1.03%	0.38%	0.38%
MRVL	C	0.96%	0.49%	0.49%
MSFT	A	1.01%	7.47%	1.01%
MU	C	0.95%	0.79%	0.79%
NFLX	A	1.0%	1.88%	1.0%
NVDA	B	0.98%	7.02%	0.98%
NXPI	B	0.98%	0.74%	0.74%
ORLY	C	0.98%	0.64%	0.64%
PANW	B	1.07%	0.9%	0.9%
PEP	D	1.0%	0.82%	0.82%
PYPL	D	0.96%	0.19%	0.19%
QCOM	B	0.92%	1.13%	0.92%
REGN	B	1.0%	0.99%	0.99%
ROST	B	0.98%	0.15%	0.15%
SBUX	F	0.99%	0.16%	0.16%
SNPS	B	0.98%	0.93%	0.93%
TMUS	B	1.01%	0.88%	0.88%
TSLA	B	1.08%	1.91%	1.08%
TTD	A	1.01%	0.14%	0.14%
TTWO	C	0.99%	0.34%	0.34%
TXN	B	0.99%	0.86%	0.86%
VRSK	A	1.0%	0.41%	0.41%
VRTX	B	1.01%	0.85%	0.85%
WDAY	D	1.02%	0.24%	0.24%
XEL	D	1.01%	0.25%	0.25%

QQEW Overweight 37 Positions Relative to JEPQ

Symbol	Grade	Weight
DDOG	B	1.09%
TEAM	C	1.07%
BKR	C	1.05%
ZS	B	1.05%
ARM	A	1.04%
FTNT	C	1.03%
AEP	C	1.02%
WBD	F	1.02%
CSGP	F	1.01%
CTAS	A	1.01%
ADSK	B	1.01%
GEHC	D	1.0%
IDXX	D	1.0%
ODFL	C	1.0%
EXC	D	1.0%
KLAC	B	1.0%
ROP	B	1.0%
EA	B	1.0%
CCEP	B	0.99%
ON	C	0.99%
GFS	C	0.99%
AZN	C	0.99%
KDP	D	0.99%
GILD	C	0.98%
MCHP	C	0.98%
ILMN	D	0.98%
PCAR	D	0.98%
CDNS	B	0.97%
FAST	D	0.97%
ADP	D	0.96%
CDW	D	0.95%
PAYX	D	0.94%
CEG	B	0.94%
PDD	D	0.92%
MRNA	D	0.91%
WBA	F	0.76%
GOOGL	A	0.52%

QQEW Underweight 22 Positions Relative to JEPQ

Symbol	Grade	Weight
CMG	D	-0.47%
ABBV	C	-0.46%
KO	A	-0.46%
ETN	C	-0.4%
STX	B	-0.39%
STZ	B	-0.37%
LOW	D	-0.36%
NOW	A	-0.34%
NEE	D	-0.34%
ORCL	A	-0.33%
SO	B	-0.31%
HUBS	C	-0.29%
MA	C	-0.29%
DE	F	-0.28%
UNH	D	-0.28%
UBER	B	-0.27%
TER	A	-0.27%
TMO	D	-0.26%
PLD	C	-0.21%
CPAY	D	-0.19%
BMY	F	-0.19%
UPS	D	-0.17%