VLUE vs. QQEW ETF Comparison

Comparison of iShares MSCI USA Value Factor (VLUE) to First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW)

VLUE

iShares MSCI USA Value Factor

VLUE Description

The investment seeks to track the performance of MSCI USA Value Weighted Index that measures the performance of U.S. large- and mid-capitalization stocks with value characteristics and relatively lower valuations, before fees and expenses. The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The MSCI USA Value Weighted Index (the "underlying index") is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid- capitalization stocks.

Grade (RS Rating)

Last Trade

$101.62

Average Daily Volume

331,758

Number of Holdings ^*

149

* 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

$122.81

Average Daily Volume

77,818

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	VLUE	QQEW
30 Days	-2.68%	-0.01%
60 Days	0.27%	4.08%
90 Days	-1.52%	1.56%
12 Months	10.85%	14.88%

12 Overlapping Holdings

Symbol	Grade	Weight in VLUE	Weight in QQEW	Overlap
AMAT	A	3.47%	1.11%	1.11%
CSCO	F	5.51%	0.93%	0.93%
CTSH	D	1.02%	0.87%	0.87%
FANG	D	0.7%	1.0%	0.7%
GILD	D	1.02%	0.87%	0.87%
INTC	F	4.99%	0.72%	0.72%
KHC	D	0.86%	0.99%	0.86%
NXPI	B	1.54%	1.14%	1.14%
ON	C	0.82%	0.96%	0.82%
PCAR	D	0.77%	0.9%	0.77%
WBA	F	0.43%	0.76%	0.43%
WBD	F	0.66%	0.96%	0.66%

VLUE Overweight 137 Positions Relative to QQEW

Symbol	Grade	Weight
T	B	5.12%
IBM	C	3.43%
GM	B	3.27%
VZ	C	3.04%
PFE	C	2.52%
BAC	A	2.01%
F	D	1.99%
CVS	F	1.78%
RTX	B	1.72%
C	D	1.65%
WFC	D	1.58%
CI	D	1.55%
HPE	A	1.47%
LEN	D	1.45%
ELV	B	1.4%
DHI	D	1.3%
MO	B	1.29%
BMY	F	1.28%
HPQ	B	1.26%
GS	B	1.15%
SPG	B	1.13%
TEL	B	1.11%
FDX	D	1.09%
GLW	B	0.95%
VLO	D	0.92%
DELL	B	0.91%
PHM	B	0.87%
ADM	D	0.8%
CNC	D	0.73%
KR	D	0.72%
FSLR	B	0.63%
URI	D	0.63%
NTAP	A	0.6%
PCG	B	0.59%
SWKS	C	0.56%
JCI	B	0.55%
WY	F	0.55%
AIG	D	0.53%
COF	D	0.52%
NUE	F	0.52%
LHX	B	0.51%
CMI	D	0.48%
MRO	C	0.47%
PRU	C	0.45%
TFC	D	0.45%
D	C	0.45%
MET	D	0.42%
CTRA	D	0.42%
TSN	D	0.41%
USB	D	0.4%
OVV	D	0.4%
VTRS	F	0.4%
ZM	F	0.39%
BK	B	0.38%
BBY	B	0.38%
GEN	B	0.37%
JNPR	B	0.35%
EXPE	C	0.35%
OC	B	0.35%
TAP	F	0.33%
BLDR	D	0.32%
DOW	D	0.32%
JBL	D	0.31%
QRVO	C	0.31%
VST	B	0.31%
WAB	C	0.29%
PARA	F	0.29%
EQT	C	0.29%
PPL	B	0.29%
LKQ	F	0.28%
FFIV	D	0.28%
TXT	D	0.27%
LYB	D	0.27%
CAG	D	0.27%
STLD	D	0.26%
HST	D	0.26%
FOXA	B	0.26%
BG	C	0.25%
EVRG	C	0.24%
SJM	F	0.24%
ES	D	0.23%
APA	F	0.22%
TWLO	F	0.22%
RPRX	D	0.22%
LH	F	0.22%
SSNC	D	0.22%
DINO	D	0.22%
MTB	D	0.22%
DAL	C	0.21%
STT	D	0.21%
HIG	B	0.21%
MOS	F	0.2%
GPN	F	0.2%
APTV	F	0.2%
AZPN	D	0.2%
CHK	D	0.2%
CFG	D	0.2%
EG	D	0.19%
ATO	C	0.19%
UHS	A	0.18%
KNX	F	0.18%
LDOS	B	0.18%
DGX	B	0.18%
SNA	D	0.18%
UTHR	A	0.18%
SYF	D	0.17%
CNH	D	0.17%
FITB	D	0.17%
MAA	B	0.17%
IP	B	0.16%
RF	C	0.15%
AKAM	F	0.15%
CF	D	0.15%
ACI	F	0.14%
WRK	C	0.14%
CLF	F	0.14%
SOLV	F	0.13%
HII	D	0.13%
L	D	0.13%
HBAN	D	0.13%
FOX	B	0.13%
EQH	B	0.12%
UHAL	D	0.12%
NLY	A	0.12%
CPT	B	0.12%
SWK	D	0.11%
FBIN	D	0.11%
LUV	B	0.11%
ALLY	C	0.11%
EMN	B	0.11%
KEY	D	0.1%
FCNCA	D	0.09%
DVA	B	0.08%
FNF	D	0.08%
WLK	D	0.06%
BEN	F	0.06%
BIO	F	0.05%

VLUE Underweight 89 Positions Relative to QQEW

Symbol	Grade	Weight
MRNA	B	-1.44%
MU	A	-1.39%
NVDA	A	-1.37%
QCOM	A	-1.23%
TTD	B	-1.22%
AZN	A	-1.2%
CEG	B	-1.19%
KDP	B	-1.19%
ADI	B	-1.19%
VRTX	A	-1.18%
PDD	B	-1.16%
COST	A	-1.16%
TTWO	B	-1.14%
TXN	B	-1.13%
AMGN	B	-1.13%
AVGO	A	-1.13%
AAPL	B	-1.13%
KLAC	A	-1.12%
VRSK	A	-1.12%
BKNG	A	-1.11%
CRWD	A	-1.1%
TMUS	B	-1.1%
ASML	B	-1.09%
TSLA	C	-1.08%
CTAS	A	-1.08%
AEP	B	-1.07%
MELI	B	-1.06%
PANW	B	-1.06%
PYPL	D	-1.06%
XEL	D	-1.05%
ISRG	A	-1.05%
HON	A	-1.05%
AMZN	B	-1.05%
LRCX	A	-1.05%
NFLX	A	-1.05%
ADP	C	-1.04%
MCHP	C	-1.04%
CCEP	A	-1.04%
PEP	D	-1.03%
SNPS	B	-1.03%
REGN	A	-1.03%
BIIB	C	-1.02%
ROP	B	-1.01%
MRVL	B	-1.01%
MSFT	A	-1.01%
META	B	-1.01%
EA	B	-1.01%
PAYX	B	-1.01%
ROST	B	-0.99%
CDNS	B	-0.98%
ANSS	C	-0.98%
EXC	D	-0.98%
BKR	D	-0.97%
CHTR	C	-0.95%
CPRT	D	-0.95%
MDLZ	D	-0.95%
ADBE	C	-0.94%
MAR	C	-0.94%
ZS	C	-0.93%
IDXX	C	-0.93%
GFS	D	-0.92%
LIN	C	-0.92%
ABNB	D	-0.91%
CDW	D	-0.91%
INTU	C	-0.91%
SBUX	D	-0.9%
DDOG	C	-0.9%
CMCSA	F	-0.9%
FTNT	D	-0.89%
CSX	D	-0.88%
DXCM	D	-0.88%
ILMN	F	-0.88%
MNST	F	-0.87%
DLTR	F	-0.87%
AMD	C	-0.87%
ORLY	C	-0.87%
DASH	D	-0.86%
FAST	D	-0.85%
GEHC	D	-0.85%
ADSK	C	-0.84%
TEAM	F	-0.83%
CSGP	F	-0.8%
WDAY	F	-0.8%
ODFL	D	-0.79%
LULU	F	-0.68%
SIRI	F	-0.63%
MDB	F	-0.63%
GOOGL	A	-0.61%
GOOG	A	-0.61%