QQEW vs. PWS ETF Comparison

Comparison of First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW) to Pacer WealthShield ETF (PWS)

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

PWS

Pacer WealthShield ETF

PWS Description

The investment seeks to track the total return performance, before fees and expenses, of the Pacer WealthShield Index. Under normal circumstances, at least 80% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in (i) the component securities of the index or (ii) ETFs that seek to track the performance of some or all of the component securities of the index in the same approximate weight as such component securities. The index utilizes a systematic risk management strategy that directs the index's exposure to U.S. equity securities, U.S. Treasury securities, or a mix of each. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$31.23

Average Daily Volume

1,845

Number of Holdings ^*

217

* may have additional holdings in another (foreign) market

Performance

Period	QQEW	PWS
30 Days	4.45%	4.72%
60 Days	5.07%	-1.94%
90 Days	5.05%	1.22%
12 Months	20.64%	21.11%

51 Overlapping Holdings

Symbol	Grade	Weight in QQEW	Weight in PWS	Overlap
AAPL	C	0.96%	4.27%	0.96%
ABNB	C	0.98%	0.24%	0.24%
ADBE	C	0.97%	0.27%	0.27%
ADI	D	0.9%	0.13%	0.13%
ADSK	A	1.1%	0.08%	0.08%
AEP	D	0.88%	0.84%	0.84%
AMAT	F	0.93%	0.17%	0.17%
AMD	F	0.85%	0.27%	0.27%
AMZN	C	1.06%	7.58%	1.06%
ANSS	B	1.02%	0.04%	0.04%
AVGO	D	0.96%	0.93%	0.93%
BKNG	A	1.17%	0.68%	0.68%
CDNS	B	1.06%	0.1%	0.1%
CDW	F	0.77%	0.03%	0.03%
CEG	D	0.85%	1.2%	0.85%
COST	B	0.98%	2.9%	0.98%
CRWD	B	1.1%	0.1%	0.1%
CSCO	B	1.07%	0.28%	0.28%
CSGP	D	0.93%	0.55%	0.55%
CTSH	B	1.02%	0.05%	0.05%
DLTR	F	0.88%	0.09%	0.09%
EXC	C	0.91%	0.63%	0.63%
FTNT	C	1.18%	0.07%	0.07%
INTC	D	1.1%	0.12%	0.12%
INTU	C	1.04%	0.22%	0.22%
KDP	D	0.86%	0.26%	0.26%
KHC	F	0.87%	0.19%	0.19%
KLAC	D	0.82%	0.1%	0.1%
LRCX	F	0.93%	0.11%	0.11%
LULU	C	1.21%	0.14%	0.14%
MAR	B	1.11%	0.26%	0.26%
MCHP	D	0.82%	0.04%	0.04%
MDLZ	F	0.85%	0.61%	0.61%
MNST	C	1.05%	0.26%	0.26%
MSFT	F	0.94%	3.79%	0.94%
MU	D	1.05%	0.13%	0.13%
NVDA	C	1.21%	4.4%	1.21%
NXPI	D	0.93%	0.07%	0.07%
ON	D	0.92%	0.03%	0.03%
ORLY	B	1.06%	0.28%	0.28%
PANW	C	1.11%	0.15%	0.15%
PEP	F	0.93%	1.54%	0.93%
QCOM	F	0.93%	0.21%	0.21%
ROP	B	0.97%	0.07%	0.07%
ROST	C	0.89%	0.18%	0.18%
SBUX	A	0.99%	0.45%	0.45%
SMCI	F	0.38%	0.02%	0.02%
SNPS	B	1.04%	0.1%	0.1%
TSLA	B	1.25%	3.8%	1.25%
TXN	C	0.97%	0.22%	0.22%
XEL	A	1.03%	0.64%	0.64%

QQEW Overweight 50 Positions Relative to PWS

Symbol	Grade	Weight
TEAM	A	1.47%
DASH	A	1.19%
MRVL	B	1.18%
TTWO	A	1.17%
ZS	C	1.16%
CHTR	C	1.15%
NFLX	A	1.15%
WBD	C	1.15%
BKR	B	1.15%
TMUS	B	1.14%
EA	A	1.13%
PCAR	B	1.12%
ODFL	B	1.11%
FAST	B	1.11%
DDOG	A	1.1%
TTD	B	1.1%
HON	B	1.09%
PDD	F	1.08%
CPRT	A	1.07%
PYPL	B	1.07%
ISRG	A	1.06%
ADP	B	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%
DXCM	D	1.02%
CTAS	B	1.02%
MDB	C	1.01%
VRTX	F	1.0%
META	D	0.99%
CSX	B	0.98%
FANG	D	0.97%
ARM	D	0.94%
CCEP	C	0.93%
LIN	D	0.92%
GEHC	F	0.88%
MELI	D	0.86%
ASML	F	0.84%
AMGN	D	0.84%
AZN	D	0.8%
IDXX	F	0.8%
BIIB	F	0.79%
REGN	F	0.66%
MRNA	F	0.58%
GOOGL	C	0.52%
GOOG	C	0.52%

QQEW Underweight 166 Positions Relative to PWS

Symbol	Grade	Weight
PG	A	-2.84%
WMT	A	-2.67%
NEE	D	-2.58%
PLD	D	-1.88%
KO	D	-1.72%
AMT	D	-1.66%
HD	A	-1.59%
SO	D	-1.57%
EQIX	A	-1.54%
PM	B	-1.43%
DUK	C	-1.43%
WELL	A	-1.41%
DLR	B	-1.01%
SPG	B	-0.98%
SRE	A	-0.96%
PSA	D	-0.93%
O	D	-0.88%
VST	B	-0.87%
MCD	D	-0.84%
CCI	D	-0.8%
D	C	-0.79%
PEG	A	-0.74%
PCG	A	-0.74%
CBRE	B	-0.7%
MO	A	-0.68%
EXR	D	-0.62%
VICI	C	-0.6%
LOW	D	-0.6%
IRM	D	-0.6%
AVB	B	-0.57%
ED	D	-0.55%
CL	D	-0.54%
TJX	A	-0.54%
EIX	B	-0.54%
ETR	B	-0.53%
WEC	A	-0.51%
VTR	C	-0.47%
EQR	B	-0.45%
AWK	D	-0.44%
SBAC	D	-0.42%
PPL	B	-0.41%
DTE	C	-0.41%
TGT	F	-0.4%
AEE	A	-0.4%
CRM	B	-0.39%
WY	D	-0.39%
ORCL	B	-0.37%
ATO	A	-0.37%
ES	D	-0.36%
FE	C	-0.35%
NKE	D	-0.35%
INVH	D	-0.34%
ESS	B	-0.34%
MAA	B	-0.33%
CNP	B	-0.33%
CMS	C	-0.33%
NRG	B	-0.32%
KVUE	A	-0.32%
CMG	B	-0.32%
KMB	D	-0.32%
KIM	A	-0.3%
ARE	D	-0.29%
KR	B	-0.27%
NI	A	-0.27%
ACN	C	-0.27%
LNT	A	-0.26%
NOW	A	-0.26%
STZ	D	-0.26%
DOC	D	-0.26%
GIS	D	-0.25%
SYY	B	-0.25%
EVRG	A	-0.24%
IBM	C	-0.24%
GM	B	-0.24%
HLT	A	-0.24%
UDR	B	-0.23%
RCL	A	-0.22%
CPT	B	-0.22%
AZO	C	-0.21%
REG	B	-0.21%
HST	C	-0.21%
BXP	D	-0.2%
DHI	D	-0.19%
CHD	B	-0.19%
ADM	D	-0.18%
HSY	F	-0.18%
F	C	-0.17%
PNW	B	-0.17%
LEN	D	-0.16%
CLX	B	-0.15%
YUM	B	-0.15%
FRT	B	-0.15%
K	A	-0.15%
PLTR	B	-0.15%
AES	F	-0.15%
MKC	D	-0.14%
GRMN	B	-0.13%
TSN	B	-0.13%
TSCO	D	-0.12%
EBAY	D	-0.12%
ANET	C	-0.12%
PHM	D	-0.11%
DECK	A	-0.11%
EL	F	-0.11%
DG	F	-0.11%
CCL	B	-0.1%
MSI	B	-0.1%
APH	A	-0.1%
BG	F	-0.09%
EXPE	B	-0.09%
NVR	D	-0.09%
CAG	D	-0.09%
DRI	B	-0.08%
LW	C	-0.08%
SJM	D	-0.08%
ULTA	F	-0.07%
GPC	D	-0.07%
BBY	D	-0.07%
FICO	B	-0.07%
LVS	C	-0.07%
TAP	C	-0.07%
APTV	D	-0.06%
CPB	D	-0.06%
DPZ	C	-0.06%
HRL	D	-0.06%
NCLH	B	-0.05%
DELL	C	-0.05%
KMX	B	-0.05%
IT	C	-0.05%
TPR	B	-0.05%
POOL	C	-0.05%
KEYS	A	-0.04%
LKQ	D	-0.04%
WBA	F	-0.04%
HPQ	B	-0.04%
GLW	B	-0.04%
WDC	D	-0.03%
TDY	B	-0.03%
PTC	A	-0.03%
MHK	D	-0.03%
TYL	B	-0.03%
BWA	D	-0.03%
NTAP	C	-0.03%
HAS	D	-0.03%
GDDY	A	-0.03%
CZR	F	-0.03%
RL	B	-0.03%
HPE	B	-0.03%
MPWR	F	-0.03%
WYNN	D	-0.03%
MGM	D	-0.03%
SWKS	F	-0.02%
AKAM	D	-0.02%
EPAM	C	-0.02%
FFIV	B	-0.02%
JBL	B	-0.02%
VRSN	F	-0.02%
GEN	B	-0.02%
TER	D	-0.02%
TRMB	B	-0.02%
FSLR	F	-0.02%
ZBRA	B	-0.02%
STX	D	-0.02%
QRVO	F	-0.01%
ENPH	F	-0.01%
JNPR	F	-0.01%