QQEW vs. XPND ETF Comparison

Comparison of First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW) to First Trust Expanded Technology ETF (XPND)

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

$125.67

Average Daily Volume

66,250

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

XPND

First Trust Expanded Technology ETF

XPND Description

The investment seeks to provide long-term capital appreciation. The fund will invest at least 80% of its net assets in the common stocks of companies identified by it?s investment advisor as either information technology companies or consumer discretionary and communication services companies whose operations are principally derived from and/or dependent upon technology (such companies are collectively referred to herein as ?Expanded Technology Companies?). The fund?s investments will be concentrated (i.e., invest more than 25% of fund assets) in the industries or group of industries comprising the information technology sector. It is non-diversified.

Grade (RS Rating)

Last Trade

$28.66

Average Daily Volume

2,169

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QQEW	XPND
30 Days	2.62%	3.66%
60 Days	3.42%	6.90%
90 Days	2.04%	1.90%
12 Months	21.43%	40.01%

23 Overlapping Holdings

Symbol	Grade	Weight in QQEW	Weight in XPND	Overlap
AAPL	C	1.09%	4.4%	1.09%
ADBE	F	0.98%	4.04%	0.98%
ADSK	B	1.1%	1.08%	1.08%
AMAT	D	0.83%	3.02%	0.83%
AVGO	C	1.0%	4.53%	1.0%
CDW	D	0.96%	0.25%	0.25%
CHTR	D	1.13%	0.88%	0.88%
CRWD	D	0.72%	1.27%	0.72%
EA	D	1.0%	0.23%	0.23%
GOOGL	D	0.45%	4.37%	0.45%
INTU	D	1.03%	3.4%	1.03%
KLAC	D	0.94%	1.93%	0.94%
LRCX	D	0.75%	1.91%	0.75%
META	B	1.12%	4.72%	1.12%
MRVL	D	1.03%	1.21%	1.03%
MSFT	C	0.97%	4.63%	0.97%
NVDA	C	0.92%	4.35%	0.92%
PANW	D	1.03%	2.01%	1.03%
PYPL	B	1.27%	1.47%	1.27%
QCOM	D	0.81%	3.6%	0.81%
TMUS	B	1.12%	4.33%	1.12%
TXN	B	1.05%	3.53%	1.05%
WDAY	D	1.12%	1.21%	1.12%

QQEW Overweight 78 Positions Relative to XPND

Symbol	Grade	Weight
TSLA	C	1.32%
MELI	C	1.31%
FTNT	B	1.28%
ILMN	D	1.26%
MDB	D	1.24%
DASH	B	1.2%
SBUX	C	1.2%
XEL	B	1.19%
GILD	B	1.18%
AEP	C	1.16%
ODFL	D	1.16%
WBD	D	1.16%
GEHC	B	1.14%
CTAS	C	1.14%
MDLZ	C	1.12%
TTD	B	1.12%
EXC	B	1.12%
ISRG	C	1.12%
ADP	C	1.11%
BKR	C	1.1%
CTSH	B	1.09%
CCEP	C	1.08%
CSCO	B	1.08%
AMGN	D	1.08%
KDP	B	1.08%
REGN	D	1.08%
FAST	C	1.08%
ON	D	1.06%
CSGP	D	1.06%
MNST	D	1.05%
PAYX	C	1.05%
LIN	B	1.05%
COST	C	1.05%
KHC	C	1.05%
PEP	D	1.04%
CMCSA	C	1.04%
ROST	C	1.03%
CSX	C	1.03%
IDXX	D	1.03%
NFLX	B	1.02%
ORLY	B	1.02%
VRTX	D	1.01%
MAR	B	1.0%
TEAM	D	1.0%
AMZN	C	1.0%
BKNG	B	1.0%
ADI	C	1.0%
ROP	C	0.99%
AZN	D	0.99%
DDOG	D	0.98%
VRSK	D	0.98%
ANSS	D	0.98%
TTWO	D	0.96%
AMD	C	0.96%
CPRT	D	0.95%
CEG	C	0.95%
ZS	F	0.95%
HON	C	0.94%
FANG	F	0.94%
PCAR	D	0.93%
BIIB	F	0.89%
ARM	C	0.87%
CDNS	D	0.87%
NXPI	D	0.87%
LULU	D	0.86%
MCHP	D	0.85%
ABNB	D	0.85%
SNPS	F	0.84%
GFS	F	0.8%
ASML	F	0.79%
DLTR	F	0.69%
PDD	D	0.69%
INTC	D	0.67%
MU	D	0.63%
DXCM	F	0.61%
MRNA	F	0.51%
GOOG	D	0.45%
SMCI	F	0.37%

QQEW Underweight 25 Positions Relative to XPND

Symbol	Grade	Weight
ORCL	B	-5.22%
CRM	C	-4.63%
V	C	-4.55%
MA	B	-4.49%
IBM	B	-3.66%
NOW	C	-3.52%
ANET	C	-2.22%
APH	C	-1.46%
MSI	B	-1.36%
APP	C	-0.33%
WMG	D	-0.26%
TDY	B	-0.25%
OMC	B	-0.25%
IT	C	-0.25%
MANH	B	-0.25%
HPE	C	-0.24%
MPWR	B	-0.24%
FOXA	B	-0.24%
TER	C	-0.24%
TYL	C	-0.24%
BSY	C	-0.24%
CPAY	B	-0.24%
NTAP	D	-0.24%
PTC	C	-0.24%
SWKS	F	-0.22%