RISN vs. QQEW ETF Comparison

Comparison of Inspire Tactical Balanced ESG ETF (RISN) to First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW)

RISN

Inspire Tactical Balanced ESG ETF

RISN Description

The investment seeks to provide capital appreciation with lower volatility than the U.S. large cap stock market over the long term. The fund, an actively managed ETF, uses a proprietary system of technical analysis to tactically allocate assets into U.S. large cap stocks when the strategy identifies an uptrend in the U.S. large cap stock market, and shifts into U.S. Treasury bonds via third-party ETFs, investment grade and high-yield corporate bonds, government agency bonds, and listed gold exchange-traded products and exchange-traded notes such as SPDR Gold Shares (GLD) when the strategy identifies a downtrend in the U.S. large cap stock market.

Grade (RS Rating)

Last Trade

$28.34

Average Daily Volume

8,184

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$131.39

Average Daily Volume

54,613

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	RISN	QQEW
30 Days	5.86%	4.58%
60 Days	5.51%	4.98%
90 Days	6.66%	6.88%
12 Months	20.93%	21.56%

10 Overlapping Holdings

Symbol	Grade	Weight in RISN	Weight in QQEW	Overlap
CPRT	A	1.08%	1.05%	1.05%
CSGP	C	1.03%	0.96%	0.96%
CSX	B	1.1%	0.96%	0.96%
FAST	B	1.1%	1.12%	1.1%
IDXX	F	0.97%	0.8%	0.8%
MNST	B	1.06%	1.02%	1.02%
ODFL	B	1.12%	1.07%	1.07%
ON	C	1.02%	0.94%	0.94%
PCAR	B	1.07%	1.08%	1.07%
ROP	B	1.04%	0.96%	0.96%

RISN Overweight 65 Positions Relative to QQEW

Symbol	Grade	Weight
USFR	C	19.37%
NVR	D	1.31%
CIVB	B	1.27%
EPAM	C	1.26%
LAD	B	1.24%
MKL	A	1.23%
G	B	1.22%
AX	B	1.22%
EME	B	1.2%
AME	A	1.2%
DAR	C	1.18%
CFR	B	1.16%
PFC	B	1.15%
NTES	D	1.15%
COLB	B	1.14%
SNA	A	1.14%
PBHC	B	1.14%
EOG	C	1.13%
WST	C	1.13%
BOTJ	B	1.13%
TXRH	A	1.12%
NECB	B	1.12%
JBHT	C	1.11%
ALG	C	1.11%
ACIW	B	1.11%
MVBF	C	1.1%
MLM	B	1.1%
LECO	C	1.09%
COKE	C	1.08%
GGG	B	1.08%
BRO	B	1.08%
IBN	B	1.08%
NFBK	B	1.08%
MED	D	1.07%
EW	C	1.07%
MOH	F	1.07%
MAA	B	1.07%
POOL	C	1.05%
PAG	B	1.05%
RMD	C	1.05%
ROL	B	1.05%
UDR	B	1.05%
GNTX	C	1.04%
EXPD	C	1.03%
NICE	C	1.02%
OFLX	D	1.02%
MIDD	B	1.02%
ASR	F	1.01%
MSCI	C	1.01%
LSTR	B	1.01%
PSA	C	1.01%
FCNCA	B	0.99%
EGP	D	0.99%
CNI	D	0.98%
LFUS	D	0.97%
KRC	C	0.96%
TSM	C	0.96%
CHE	D	0.96%
MKTX	D	0.96%
CSL	B	0.94%
GIII	C	0.92%
ELV	F	0.92%
CACI	D	0.92%
SWKS	F	0.89%
CRI	F	0.8%

RISN Underweight 91 Positions Relative to QQEW

Symbol	Grade	Weight
TEAM	B	-1.46%
TSLA	B	-1.39%
NVDA	C	-1.22%
NFLX	B	-1.22%
TTWO	B	-1.21%
DASH	A	-1.2%
BKNG	B	-1.2%
BKR	C	-1.19%
MRVL	B	-1.18%
FTNT	C	-1.17%
WBD	C	-1.17%
EA	C	-1.16%
DDOG	A	-1.15%
TMUS	A	-1.15%
LULU	C	-1.14%
CHTR	C	-1.14%
ZS	C	-1.13%
PDD	F	-1.13%
CRWD	B	-1.13%
ADSK	B	-1.12%
PANW	C	-1.12%
MAR	A	-1.11%
TTD	B	-1.1%
CDNS	B	-1.08%
ISRG	C	-1.08%
HON	B	-1.08%
INTC	C	-1.07%
PYPL	A	-1.07%
CSCO	A	-1.07%
XEL	A	-1.06%
ADP	B	-1.05%
MU	D	-1.05%
DXCM	C	-1.04%
ANSS	B	-1.04%
SNPS	B	-1.04%
CTAS	B	-1.04%
CMCSA	C	-1.04%
ORLY	B	-1.04%
VRSK	A	-1.04%
GILD	B	-1.03%
GFS	C	-1.03%
AMZN	C	-1.03%
PAYX	B	-1.03%
WDAY	C	-1.01%
CTSH	B	-1.0%
ABNB	C	-1.0%
SBUX	B	-0.99%
COST	B	-0.99%
META	D	-0.98%
INTU	C	-0.98%
MDB	C	-0.98%
APP	B	-0.97%
FANG	F	-0.97%
AAPL	B	-0.97%
ILMN	C	-0.97%
TXN	D	-0.95%
VRTX	D	-0.94%
LIN	D	-0.93%
AVGO	D	-0.93%
MSFT	D	-0.93%
ADBE	C	-0.93%
EXC	D	-0.93%
ARM	D	-0.93%
AEP	D	-0.92%
NXPI	D	-0.92%
CCEP	B	-0.91%
GEHC	F	-0.91%
CEG	D	-0.9%
PEP	F	-0.9%
ADI	D	-0.9%
QCOM	F	-0.89%
MELI	C	-0.89%
ROST	C	-0.88%
LRCX	F	-0.88%
AMD	F	-0.86%
KHC	D	-0.86%
AMAT	F	-0.86%
MDLZ	F	-0.84%
AMGN	D	-0.83%
KDP	D	-0.83%
MCHP	F	-0.82%
ASML	F	-0.8%
KLAC	F	-0.79%
AZN	F	-0.78%
CDW	F	-0.76%
BIIB	F	-0.76%
REGN	F	-0.63%
MRNA	F	-0.55%
SMCI	D	-0.55%
GOOGL	C	-0.52%
GOOG	C	-0.52%