QTEC vs. IVES ETF Comparison

Comparison of First Trust NASDAQ-100- Technology Index Fund (QTEC) to Wedbush ETFMG Global Cloud Technology ETF (IVES)

QTEC

First Trust NASDAQ-100- Technology Index Fund

QTEC 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 Technology 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 classified as "technology" according to the Industry Classification Benchmark classification system. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$196.85

Average Daily Volume

114,333

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IVES

Wedbush ETFMG Global Cloud Technology ETF

IVES Description

The Wedbush ETFMG Global Cloud Technology ETF (IVES) largely holds the “undercover gems” of cloud-based technology. The Fund’s investment objective seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Dan Ives Global Cloud Technology Prime Index. The Dan Ives Global Cloud Technology Prime Index (the “Index”) is an Index of Prime Indexes, a division of Level ETF Ventures LLC. The Index has been created to provide investors with a reference measure that enables them to track both event-driven news and long-term trends of cloud technology companies. The Index is designed to include the securities of companies across the globe engaged in providing infrastructure, equipment, connectivity, data back-up and storage services as well as data center management for enterprise-based software applications. Additionally, the constituents engaged in providing cloud-based software platforms that enable businesses to move data and software applications onto the cloud – cloud-enabling Software as a Service (SaaS) technologies. These companies are known collectively as “Cloud Technology Companies.”

Grade (RS Rating)

Last Trade

$49.21

Average Daily Volume

1,131

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QTEC	IVES
30 Days	1.76%	7.17%
60 Days	4.48%	5.41%
90 Days	1.92%	7.27%
12 Months	23.11%	43.26%

16 Overlapping Holdings

Symbol	Grade	Weight in QTEC	Weight in IVES	Overlap
AAPL	C	2.28%	2.12%	2.12%
AMD	F	2.03%	1.8%	1.8%
AVGO	D	2.27%	2.14%	2.14%
CDNS	B	2.52%	2.38%	2.38%
DDOG	A	2.61%	2.16%	2.16%
GOOGL	C	1.22%	2.33%	1.22%
INTC	C	2.61%	2.29%	2.29%
MDB	B	2.39%	2.36%	2.36%
MRVL	B	2.8%	2.71%	2.71%
MSFT	D	2.24%	2.18%	2.18%
MU	D	2.49%	2.18%	2.18%
NVDA	B	2.89%	2.55%	2.55%
QCOM	F	2.21%	2.08%	2.08%
SMCI	F	0.9%	1.13%	0.9%
SNPS	B	2.47%	2.38%	2.38%
TEAM	A	3.5%	3.08%	3.08%

QTEC Overweight 27 Positions Relative to IVES

Symbol	Grade	Weight
DASH	B	2.84%
FTNT	C	2.81%
ZS	B	2.75%
PANW	B	2.64%
ADSK	A	2.62%
CRWD	B	2.62%
PDD	F	2.56%
WDAY	B	2.49%
INTU	B	2.48%
GFS	C	2.47%
CTSH	B	2.44%
ANSS	B	2.42%
META	D	2.34%
ROP	B	2.31%
TXN	C	2.31%
ADBE	C	2.31%
ARM	F	2.24%
LRCX	F	2.21%
AMAT	F	2.21%
ON	D	2.2%
NXPI	D	2.2%
ADI	D	2.13%
ASML	F	1.99%
KLAC	F	1.94%
MCHP	F	1.94%
CDW	F	1.83%
GOOG	C	1.23%

QTEC Underweight 20 Positions Relative to IVES

Symbol	Grade	Weight
CFLT	B	-2.89%
GTLB	B	-2.56%
APPN	B	-2.53%
VRT	B	-2.52%
DELL	B	-2.43%
AMZN	C	-2.4%
ORCL	A	-2.38%
SNOW	B	-2.35%
CIEN	C	-2.28%
HPE	B	-2.26%
HPQ	B	-2.21%
HCP	B	-2.15%
ANET	C	-2.14%
JNPR	D	-2.13%
NTAP	C	-2.1%
WDC	D	-2.07%
IBM	C	-2.0%
DOCN	C	-1.92%
BABA	D	-1.7%
MPWR	F	-1.48%