{
  "page": "compare",
  "query": {
    "a": "FTLS",
    "b": "QLC"
  },
  "retrieved_at": "2026-07-07T16:36:39+00:00",
  "disclaimer": "Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them.",
  "attribution": "Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC.",
  "terms": {
    "notice": "Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed.",
    "url": "https://fundwatcher.app/terms/"
  },
  "fund_a": {
    "name": "First Trust Long/Short Equity ETF",
    "ticker": "FTLS",
    "slug": "FTLS",
    "series_id": "S000045700",
    "html_url": "https://fundwatcher.app/funds/FTLS/"
  },
  "fund_b": {
    "name": "FlexShares US Quality Large Cap Index Fund",
    "ticker": "QLC",
    "slug": "QLC",
    "series_id": "S000050614",
    "html_url": "https://fundwatcher.app/funds/QLC/"
  },
  "overlap": {
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    "coverage_b_by_a": "0.3976855732213213623304073829",
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    "as_of": {
      "a": "2026-04-30",
      "b": "2026-01-31"
    },
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      },
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      },
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        "name": "QUALCOMM INC",
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      {
        "name": "COSTCO WHOLESALE CORP",
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        "name": "UNITED PARCEL SERVICE INC CL B",
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        "name": "ZOETIS INC CL A",
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        "name": "SHERWIN WILLIAMS CO",
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        "name": "VALERO ENERGY CORP",
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        "name": "AMAZON.COM INC",
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      {
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      {
        "name": "Treasury Repurchase Agreement",
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      {
        "name": "GENERAL ELECTRIC CO",
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        "name": "WESTERN DIGITAL CORP",
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      {
        "name": "MORGAN STANLEY",
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      {
        "name": "INTUIT INC",
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      {
        "name": "BANK OF NEW YORK MELLON CORP",
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      {
        "name": "CATERPILLAR INC",
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      {
        "name": "TD TRIPARTY MORTGAGE",
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      {
        "name": "PHILIP MORRIS INTL INC",
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      {
        "name": "CBRE GROUP INC - CL A",
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      {
        "name": "STATE STREET CORP",
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        "name": "NETFLIX INC",
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      {
        "name": "CF INDUSTRIES HOLDINGS INC",
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        "name": "GILEAD SCIENCES INC",
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        "name": "VALERO ENERGY CORP",
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      {
        "name": "ILLINOIS TOOL WORKS INC",
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      {
        "name": "LOCKHEED MARTIN CORP",
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      },
      {
        "name": "AMERICAN INTERNATIONAL GROUP",
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      },
      {
        "name": "EQUITY RESIDENTIAL REIT",
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      {
        "name": "CH ROBINSON WORLDWIDE INC",
        "value": "4308005.10",
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      {
        "name": "ROYALTY PHARMA PLC",
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      },
      {
        "name": "THE BOOKING HOLDINGS INC",
        "value": "4251564.00",
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    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0000940400-26-024887",
      "as_of": "2026-04-30",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1424212/000094040026024887/0000940400-26-024887-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0002071691-26-006227",
      "as_of": "2026-01-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1491978/000207169126006227/0002071691-26-006227-index.htm"
    }
  ]
}