QQXT vs. NXTI ETF Comparison

Comparison of First Trust NASDAQ-100 Ex-Technology Sector Index Fund (QQXT) to Simplify Next Intangible Core Index ETF (NXTI)

QQXT

First Trust NASDAQ-100 Ex-Technology Sector Index Fund

QQXT 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 Ex-Tech Sector 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 index is an equal-weighted index based on the securities of the NASDAQ-100 Index(R) that are not classified as "technology" according to the Industry Classification Benchmark ("ICB") classification system and, as a result, is a subset of the NASDAQ-100 Index(R). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$97.63

Average Daily Volume

5,164

Number of Holdings ^*

* may have additional holdings in another (foreign) market

NXTI

Simplify Next Intangible Core Index ETF

NXTI Description

NXTI targets US companies with relatively high intangible capital-to-book assets ratios within their respective sectors. The fund defines intangible capital as productive assets that lack physical presence and are created through investments in brand, knowledge, and organization capital. The index construction starts by calculating a ratio of intangible capital-to-book assets for each security in an initial universe consisting of the largest 2000 US companies by market-cap. The 200 stocks with the highest intangible capital-to-book assets ratio are selected for inclusion. At least five stocks are included from each of the 13 sectors determined by the index provider using a combination of SIC and NAICS codes along with data from publicly available 10-K filings. Constituents are weighted by market capitalization, with individual security weights capped at 5%. The index reconstitutes quarterly.

Grade (RS Rating)

Last Trade

$30.42

Average Daily Volume

460

Number of Holdings ^*

197

* may have additional holdings in another (foreign) market

Performance

Period	QQXT	NXTI
30 Days	4.80%	5.73%
60 Days	5.19%	7.47%
90 Days	6.88%	10.93%
12 Months	19.02%

14 Overlapping Holdings

Symbol	Grade	Weight in QQXT	Weight in NXTI	Overlap
ABNB	C	1.72%	0.58%	0.58%
BKNG	A	2.11%	0.88%	0.88%
BKR	B	2.04%	0.25%	0.25%
CSCO	B	1.88%	2.73%	1.88%
CTAS	B	1.81%	0.55%	0.55%
EA	A	2.01%	0.5%	0.5%
FAST	B	1.97%	0.18%	0.18%
HON	B	1.92%	0.91%	0.91%
IDXX	F	1.41%	1.04%	1.04%
ILMN	D	1.7%	0.15%	0.15%
MNST	C	1.78%	0.22%	0.22%
ORLY	B	1.87%	0.49%	0.49%
PAYX	C	1.82%	0.32%	0.32%
PEP	F	1.58%	1.02%	1.02%

QQXT Overweight 43 Positions Relative to NXTI

Symbol	Grade	Weight
TSLA	B	2.43%
TTWO	A	2.1%
NFLX	A	2.06%
TMUS	B	2.03%
LULU	C	2.01%
CHTR	C	1.99%
MAR	B	1.97%
WBD	C	1.96%
PCAR	B	1.93%
CPRT	A	1.88%
PYPL	B	1.88%
ODFL	B	1.88%
ISRG	A	1.87%
XEL	A	1.86%
DXCM	D	1.85%
ADP	B	1.84%
TTD	B	1.83%
CMCSA	B	1.83%
VRSK	A	1.81%
AMZN	C	1.8%
GILD	C	1.8%
SBUX	A	1.79%
COST	B	1.73%
VRTX	F	1.72%
FANG	D	1.72%
CSX	B	1.71%
EXC	C	1.66%
CSGP	D	1.62%
LIN	D	1.62%
AEP	D	1.61%
CCEP	C	1.6%
ROST	C	1.56%
GEHC	F	1.56%
MELI	D	1.55%
CEG	D	1.54%
KHC	F	1.52%
MDLZ	F	1.47%
KDP	D	1.42%
AMGN	D	1.41%
AZN	D	1.38%
BIIB	F	1.35%
REGN	F	1.14%
MRNA	F	1.03%

QQXT Underweight 183 Positions Relative to NXTI

Symbol	Grade	Weight
META	D	-5.28%
WMT	A	-5.09%
BRK.A	B	-4.18%
XOM	B	-3.43%
MA	C	-3.02%
ADBE	C	-2.94%
NOW	A	-2.29%
IBM	C	-2.28%
UNH	C	-2.16%
INTU	C	-2.08%
HD	A	-1.6%
PANW	C	-1.5%
KO	D	-1.23%
ALNY	D	-1.07%
UBER	D	-1.04%
DELL	C	-1.03%
PLTR	B	-0.99%
SNPS	B	-0.95%
SPOT	B	-0.93%
MSI	B	-0.91%
PM	B	-0.9%
CDNS	B	-0.87%
NKE	D	-0.82%
WDAY	B	-0.81%
UPS	C	-0.79%
FTNT	C	-0.77%
AXP	A	-0.77%
BX	A	-0.77%
AMAT	F	-0.74%
ADSK	A	-0.72%
TGT	F	-0.67%
GEV	B	-0.66%
TEAM	A	-0.61%
WMB	A	-0.59%
LOW	D	-0.59%
FICO	B	-0.57%
PGR	A	-0.56%
CL	D	-0.55%
APP	B	-0.54%
DDOG	A	-0.54%
LRCX	F	-0.53%
TT	A	-0.52%
ITW	B	-0.49%
ALGN	D	-0.47%
CTSH	B	-0.47%
MMM	D	-0.47%
INCY	C	-0.46%
D	C	-0.46%
HPQ	B	-0.45%
NTRA	B	-0.45%
FDX	B	-0.44%
SRPT	D	-0.43%
MMC	B	-0.43%
DASH	A	-0.42%
NBIX	C	-0.4%
INSM	C	-0.39%
PH	A	-0.39%
NET	B	-0.38%
KR	B	-0.37%
SHW	A	-0.36%
CI	F	-0.36%
ELV	F	-0.36%
ECL	D	-0.35%
TRGP	B	-0.34%
HUBS	A	-0.34%
MPC	D	-0.33%
EBAY	D	-0.33%
ZS	C	-0.33%
ED	D	-0.32%
PEN	B	-0.32%
VST	B	-0.32%
GDDY	A	-0.31%
KMB	D	-0.31%
GWW	B	-0.31%
CMI	A	-0.3%
HSIC	B	-0.3%
CDW	F	-0.3%
ITCI	C	-0.29%
CVS	D	-0.29%
NTAP	C	-0.29%
PINS	D	-0.29%
EXEL	B	-0.29%
IOT	A	-0.28%
A	D	-0.26%
STX	D	-0.26%
AJG	B	-0.25%
IT	C	-0.24%
AFL	B	-0.24%
RDDT	B	-0.24%
MDB	C	-0.24%
SNAP	C	-0.23%
VLTO	D	-0.23%
VMC	B	-0.23%
ZBRA	B	-0.23%
NWS	B	-0.22%
AMP	A	-0.22%
TRV	B	-0.22%
IONS	F	-0.22%
NTNX	A	-0.21%
MDGL	B	-0.2%
CYTK	F	-0.2%
BPMC	C	-0.2%
AIG	B	-0.2%
MANH	D	-0.19%
CVNA	B	-0.19%
DT	C	-0.19%
INSP	D	-0.19%
ALL	A	-0.19%
PSTG	D	-0.19%
SMMT	D	-0.19%
TOST	B	-0.19%
BBIO	F	-0.18%
EL	F	-0.18%
PRU	A	-0.18%
DOCU	A	-0.18%
DD	D	-0.18%
MTD	D	-0.18%
BBY	D	-0.18%
FFIV	B	-0.17%
NRG	B	-0.17%
KEYS	A	-0.17%
CACI	D	-0.16%
ULTA	F	-0.16%
OTIS	C	-0.16%
GWRE	A	-0.16%
SYY	B	-0.16%
JNPR	F	-0.16%
GIS	D	-0.16%
HUM	C	-0.15%
RARE	D	-0.15%
CORT	B	-0.15%
HSY	F	-0.15%
ROL	B	-0.15%
BAH	F	-0.15%
CBRE	B	-0.15%
LYV	A	-0.15%
DECK	A	-0.14%
ALKS	B	-0.14%
WAT	B	-0.14%
DUOL	A	-0.14%
WSM	B	-0.14%
EXPE	B	-0.14%
BURL	A	-0.14%
NI	A	-0.14%
AXSM	B	-0.14%
XYL	D	-0.14%
ACGL	D	-0.14%
CNC	D	-0.13%
HIG	B	-0.13%
CLX	B	-0.13%
DOV	A	-0.12%
AVY	D	-0.12%
EXPD	D	-0.12%
K	A	-0.12%
FOLD	F	-0.12%
TER	D	-0.12%
APLS	D	-0.12%
MTCH	D	-0.12%
PPG	F	-0.12%
BRO	B	-0.12%
TW	A	-0.11%
GTLB	B	-0.11%
TGTX	B	-0.11%
IOVA	F	-0.11%
RL	B	-0.11%
TSCO	D	-0.11%
NYT	C	-0.11%
LII	A	-0.11%
PCOR	B	-0.11%
DKNG	B	-0.1%
APPF	B	-0.1%
AMED	F	-0.1%
ACI	C	-0.1%
TXT	D	-0.1%
GPC	D	-0.1%
DNLI	D	-0.1%
APTV	D	-0.1%
CHWY	B	-0.09%
DYN	F	-0.09%
RS	B	-0.09%
WING	D	-0.08%
DLB	B	-0.04%
LNW	D	-0.04%