XPND vs. ARKF ETF Comparison

Comparison of First Trust Expanded Technology ETF (XPND) to ARK Fintech Innovation ETF (ARKF)

XPND

First Trust Expanded Technology ETF

XPND Description

The investment seeks to provide long-term capital appreciation. The fund will invest at least 80% of its net assets in the common stocks of companies identified by it?s investment advisor as either information technology companies or consumer discretionary and communication services companies whose operations are principally derived from and/or dependent upon technology (such companies are collectively referred to herein as ?Expanded Technology Companies?). The fund?s investments will be concentrated (i.e., invest more than 25% of fund assets) in the industries or group of industries comprising the information technology sector. It is non-diversified.

Grade (RS Rating)

Last Trade

$30.47

Average Daily Volume

2,788

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ARKF

ARK Fintech Innovation ETF

ARKF Description

ARKF is an actively managed Exchange Traded Fund (ETF) that seeks long-term growth of capital. It seeks to achieve this investment objective by investing under normal circumstances primarily (at least 80% of its assets) in domestic and foreign equity securities of companies that are engaged in the Fund’s investment theme of financial technology (“Fintech”) innovation. A company is deemed to be engaged in the theme of Fintech innovation if (i) it derives a significant portion of its revenue or market value from the theme of Fintech innovation, or (ii) it has stated its primary business to be in products and services focused on the theme of Fintech innovation. The Adviser defines “Fintech innovation” as the introduction of a technologically enabled new product or service that potentially changes the way the financial sector works, which ARK believes includes but is not limited to the following business platforms: Transaction Innovations; Blockchain Technology; Risk Transformation; Frictionless Funding Platforms; Customer Facing Platforms; New Intermediaries;

Grade (RS Rating)

Last Trade

$38.83

Average Daily Volume

408,436

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XPND	ARKF
30 Days	4.85%	25.74%
60 Days	6.75%	30.92%
90 Days	8.85%	34.83%
12 Months	36.30%	74.28%

5 Overlapping Holdings

Symbol	Grade	Weight in XPND	Weight in ARKF	Overlap
CRWD	B	1.46%	1.31%	1.31%
INTU	C	3.4%	1.5%	1.5%
META	D	4.55%	2.52%	2.52%
NVDA	C	5.05%	1.32%	1.32%
PYPL	B	1.52%	1.48%	1.48%

XPND Overweight 45 Positions Relative to ARKF

Symbol	Grade	Weight
ORCL	B	5.44%
CRM	B	5.38%
TMUS	B	4.81%
V	A	4.58%
MA	C	4.42%
GOOGL	C	4.41%
AVGO	D	4.3%
MSFT	F	4.2%
AAPL	C	4.09%
ADBE	C	3.79%
NOW	A	3.71%
IBM	C	3.34%
TXN	C	3.26%
QCOM	F	3.17%
AMAT	F	2.66%
PANW	C	2.22%
FI	A	2.11%
ANET	C	2.1%
LRCX	F	1.69%
APH	A	1.52%
KLAC	D	1.5%
MSI	B	1.43%
MRVL	B	1.36%
WDAY	B	1.24%
ADSK	A	1.15%
CHTR	C	0.98%
APP	B	0.7%
WMG	C	0.27%
CPAY	A	0.27%
GEN	B	0.26%
FOXA	B	0.26%
EA	A	0.25%
IT	C	0.25%
TDY	B	0.25%
HPE	B	0.25%
TYL	C	0.24%
OMC	C	0.24%
MANH	D	0.24%
PTC	A	0.24%
NTAP	C	0.22%
BSY	D	0.21%
SWKS	F	0.18%
TER	D	0.18%
CDW	F	0.18%
MPWR	F	0.14%

XPND Underweight 23 Positions Relative to ARKF

Symbol	Grade	Weight
SHOP	B	-11.07%
COIN	C	-10.71%
SQ	A	-6.13%
TOST	B	-5.09%
SOFI	A	-4.78%
HOOD	B	-4.64%
DKNG	B	-4.25%
PLTR	B	-3.34%
RBLX	C	-3.28%
ROKU	D	-3.27%
MELI	D	-3.18%
PINS	D	-2.3%
PATH	C	-2.25%
SE	B	-1.79%
NU	C	-1.79%
GLBE	B	-1.78%
SPOT	B	-1.67%
RDDT	B	-1.57%
BILL	A	-1.48%
Z	A	-1.03%
ICE	C	-0.96%
IBTA	C	-0.56%
AMZN	C	-0.43%