QTEC vs. PSI ETF Comparison

Comparison of First Trust NASDAQ-100- Technology Index Fund (QTEC) to PowerShares Dynamic Semiconductors (PSI)

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

$192.04

Average Daily Volume

122,999

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PSI

PowerShares Dynamic Semiconductors

PSI Description

The PowerShares Dynamic Semiconductors Portfolio (Fund) is based on the Dynamic Semiconductor IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intelldiex Index is designed to provide capital appreciation by thoroughly evaluating companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 30 US semiconductors companies. These are companies that are principally engaged in the manufacture of semiconductors. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$57.91

Average Daily Volume

139,038

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QTEC	PSI
30 Days	3.22%	2.31%
60 Days	2.72%	2.27%
90 Days	-2.74%	-7.79%
12 Months	32.77%	35.70%

10 Overlapping Holdings

Symbol	Grade	Weight in QTEC	Weight in PSI	Overlap
ADI	C	2.57%	5.04%	2.57%
AMAT	D	2.12%	5.12%	2.12%
AVGO	C	2.57%	5.54%	2.57%
KLAC	D	2.4%	2.64%	2.4%
LRCX	D	1.91%	4.94%	1.91%
MU	D	1.63%	4.94%	1.63%
NVDA	C	2.37%	4.69%	2.37%
NXPI	D	2.24%	2.59%	2.24%
QCOM	D	2.08%	4.93%	2.08%
TXN	B	2.7%	5.0%	2.7%

QTEC Overweight 32 Positions Relative to PSI

Symbol	Grade	Weight
FTNT	B	3.28%
MDB	D	3.17%
DASH	B	3.07%
WDAY	D	2.87%
META	B	2.87%
ADSK	B	2.83%
CTSH	B	2.8%
AAPL	C	2.8%
ON	D	2.72%
PANW	D	2.65%
MRVL	D	2.65%
INTU	D	2.63%
TEAM	D	2.55%
ROP	C	2.54%
ANSS	D	2.52%
ADBE	F	2.51%
DDOG	D	2.5%
MSFT	C	2.48%
AMD	C	2.47%
CDW	D	2.46%
ZS	F	2.44%
CDNS	D	2.24%
ARM	C	2.23%
MCHP	D	2.19%
SNPS	F	2.16%
GFS	F	2.04%
ASML	F	2.03%
CRWD	D	1.85%
PDD	D	1.77%
INTC	D	1.73%
GOOGL	D	1.15%
GOOG	D	1.15%

QTEC Underweight 16 Positions Relative to PSI

Symbol	Grade	Weight
PI	B	-3.57%
SMTC	C	-3.42%
MTSI	C	-2.89%
PLAB	D	-2.79%
ENTG	D	-2.72%
ONTO	C	-2.69%
MPWR	B	-2.66%
AMKR	F	-2.65%
ACMR	D	-2.62%
UCTT	D	-2.61%
MKSI	F	-2.6%
AOSL	D	-2.59%
SWKS	F	-2.57%
ICHR	D	-2.51%
CRUS	D	-2.45%
FORM	F	-2.45%