QQEW vs. XRLV ETF Comparison

Comparison of First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW) to PowerShares S&P 500 ex-Rate Sensitive Low Volatility Portfolio (XRLV)

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

$130.58

Average Daily Volume

54,762

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

XRLV

PowerShares S&P 500 ex-Rate Sensitive Low Volatility Portfolio

XRLV Description

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the S&P 500 Low Volatility Rate Response Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in common stocks that comprise the underlying index. The underlying index is designed to include stocks exhibiting low volatility characteristics, after removing stocks that historically have performed poorly in rising interest rate environments. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$56.06

Average Daily Volume

788

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	QQEW	XRLV
30 Days	2.68%	2.19%
60 Days	4.65%	4.23%
90 Days	4.30%	6.00%
12 Months	19.78%	23.15%

15 Overlapping Holdings

Symbol	Grade	Weight in QQEW	Weight in XRLV	Overlap
ADP	A	1.05%	1.04%	1.04%
CSCO	B	1.07%	1.11%	1.07%
CSX	C	0.98%	0.96%	0.96%
CTAS	B	1.02%	1.0%	1.0%
EA	A	1.13%	0.97%	0.97%
HON	C	1.09%	1.18%	1.09%
KDP	F	0.86%	0.81%	0.81%
LIN	C	0.92%	1.04%	0.92%
MDLZ	F	0.85%	0.87%	0.85%
PAYX	B	1.05%	0.98%	0.98%
PEP	F	0.93%	0.89%	0.89%
REGN	F	0.66%	0.66%	0.66%
ROP	B	0.97%	1.06%	0.97%
TMUS	B	1.14%	1.45%	1.14%
VRSK	A	1.04%	0.9%	0.9%

QQEW Overweight 86 Positions Relative to XRLV

Symbol	Grade	Weight
TEAM	A	1.47%
TSLA	B	1.25%
LULU	C	1.21%
NVDA	B	1.21%
DASH	B	1.19%
MRVL	B	1.18%
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%
PCAR	B	1.12%
ODFL	C	1.11%
MAR	A	1.11%
PANW	B	1.11%
FAST	B	1.11%
DDOG	A	1.1%
INTC	C	1.1%
ADSK	A	1.1%
CRWD	B	1.1%
TTD	B	1.1%
PDD	F	1.08%
CPRT	B	1.07%
PYPL	B	1.07%
AMZN	C	1.06%
ORLY	B	1.06%
ISRG	A	1.06%
CDNS	B	1.06%
MU	D	1.05%
MNST	C	1.05%
WDAY	B	1.05%
GILD	C	1.05%
SNPS	B	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%
ANSS	B	1.02%
CTSH	B	1.02%
MDB	B	1.01%
VRTX	D	1.0%
META	D	0.99%
SBUX	A	0.99%
COST	A	0.98%
ABNB	C	0.98%
FANG	C	0.97%
TXN	C	0.97%
ADBE	C	0.97%
AVGO	D	0.96%
AAPL	C	0.96%
MSFT	D	0.94%
ARM	F	0.94%
NXPI	D	0.93%
LRCX	F	0.93%
AMAT	F	0.93%
CSGP	D	0.93%
QCOM	F	0.93%
CCEP	C	0.93%
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%
MELI	C	0.86%
CEG	C	0.85%
AMD	F	0.85%
ASML	F	0.84%
AMGN	F	0.84%
KLAC	F	0.82%
MCHP	F	0.82%
AZN	F	0.8%
IDXX	F	0.8%
BIIB	F	0.79%
CDW	F	0.77%
MRNA	F	0.58%
GOOGL	C	0.52%
GOOG	C	0.52%
SMCI	F	0.38%

QQEW Underweight 85 Positions Relative to XRLV

Symbol	Grade	Weight
BRK.A	B	-1.43%
V	A	-1.34%
FI	A	-1.3%
KMI	A	-1.28%
AMP	A	-1.26%
L	A	-1.24%
WMB	A	-1.22%
RSG	A	-1.21%
MA	B	-1.19%
WMT	A	-1.19%
BK	A	-1.16%
OKE	A	-1.16%
MMC	B	-1.14%
PG	C	-1.13%
ITW	B	-1.13%
MSI	B	-1.13%
TJX	A	-1.13%
ATO	A	-1.12%
KO	D	-1.12%
JPM	A	-1.12%
AME	A	-1.11%
ETR	B	-1.11%
PM	B	-1.08%
IEX	C	-1.07%
CME	B	-1.06%
MCD	D	-1.06%
MET	A	-1.05%
CB	C	-1.04%
PRU	A	-1.04%
PKG	A	-1.04%
HIG	B	-1.03%
SRE	A	-1.03%
CL	D	-1.03%
HLT	A	-1.02%
JNJ	C	-1.01%
PPL	A	-1.0%
PEG	A	-0.99%
WELL	A	-0.99%
YUM	D	-0.99%
CHD	A	-0.99%
PFG	D	-0.99%
DRI	B	-0.98%
COR	B	-0.98%
WM	B	-0.98%
MO	A	-0.97%
NI	A	-0.97%
BRO	B	-0.97%
AIG	B	-0.96%
DUK	C	-0.96%
AJG	A	-0.95%
AFL	B	-0.95%
UNP	C	-0.94%
BR	A	-0.94%
LNT	A	-0.94%
WEC	A	-0.93%
GD	D	-0.93%
SO	C	-0.93%
VRSN	C	-0.93%
ABT	B	-0.92%
DGX	A	-0.92%
AVB	B	-0.92%
AVY	F	-0.92%
CMS	C	-0.91%
MDT	D	-0.91%
LH	B	-0.91%
LMT	D	-0.9%
EVRG	A	-0.9%
OMC	C	-0.89%
KMB	C	-0.88%
MCK	A	-0.88%
ECL	D	-0.88%
FE	C	-0.87%
PPG	F	-0.87%
ED	C	-0.87%
STZ	D	-0.87%
JKHY	D	-0.86%
HOLX	D	-0.85%
SYY	D	-0.84%
CBOE	C	-0.83%
BDX	F	-0.8%
GIS	D	-0.78%
ABBV	F	-0.76%
LYB	F	-0.76%
DOW	F	-0.71%
ELV	F	-0.64%