BTEC vs. QQQN ETF Comparison

Comparison of Principal Healthcare Innovators Index ETF (BTEC) to VictoryShares Nasdaq Next 50 ETF (QQQN)

BTEC

Principal Healthcare Innovators Index ETF

BTEC Description

The investment seeks to provide investment results that closely correspond, before expenses, to the performance of the Nasdaq Healthcare Innovators Index (the "index"). Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies that compose the index at the time of purchase. The index uses a quantitative model designed to identify equity securities in the Nasdaq US Benchmark Index (including growth and value stock) that are small and medium capitalization U.S. healthcare companies.

Grade (RS Rating)

Last Trade

$35.65

Average Daily Volume

6,065

Number of Holdings ^*

245

* may have additional holdings in another (foreign) market

QQQN

VictoryShares Nasdaq Next 50 ETF

QQQN Description

The investment seeks to provide investment results that track the performance of the Nasdaq Q-50 Index before fees and expenses. The fund seeks to achieve its investment objective by investing at least 80% of its assets in securities in the index. The index is composed of the 50 largest nonfinancial domestic and international companies listed on The Nasdaq Stock Market based on market capitalization after excluding the companies included in the Nasdaq-100 Index.

Grade (RS Rating)

Last Trade

$28.19

Average Daily Volume

7,370

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BTEC	QQQN
30 Days	-2.88%	-2.32%
60 Days	-5.75%	-4.15%
90 Days	-4.59%	0.39%
12 Months	-2.26%	15.39%

1 Overlapping Holdings

	Symbol	Grade	Weight in BTEC	Weight in QQQN	Overlap
	ALNY	C	3.16%	2.17%	2.17%

BTEC Overweight 244 Positions Relative to QQQN

Symbol	Grade	Weight
MRNA	C	3.7%
ILMN	F	2.84%
SRPT	C	2.58%
NTRA	B	2.39%
EXAS	F	2.31%
CTLT	D	2.15%
VKTX	C	1.75%
CERE	C	1.64%
INSP	D	1.58%
PCVX	D	1.48%
ITCI	C	1.45%
ELAN	C	1.41%
CYTK	D	1.41%
BPMC	B	1.4%
RVMD	C	1.38%
IONS	F	1.34%
APLS	F	1.22%
GKOS	A	1.11%
BBIO	D	1.09%
ALPN	A	0.93%
MDGL	D	0.92%
NUVL	D	0.91%
IMVT	F	0.9%
TMDX	B	0.9%
INSM	D	0.82%
CRNX	B	0.79%
RARE	F	0.77%
IOVA	D	0.77%
AXSM	D	0.76%
IRTC	F	0.74%
JANX	C	0.72%
PRCT	B	0.69%
SWTX	D	0.69%
FOLD	F	0.67%
IDYA	D	0.67%
ARWR	F	0.65%
AZTA	F	0.64%
ENOV	F	0.62%
SMMT	B	0.62%
ACLX	F	0.61%
TXG	F	0.6%
CLDX	D	0.58%
PTCT	C	0.57%
TGTX	C	0.56%
RYTM	D	0.54%
VERA	C	0.53%
TNDM	B	0.53%
NARI	D	0.53%
ICUI	C	0.52%
VCEL	B	0.51%
DNLI	F	0.51%
KYMR	D	0.49%
NTLA	F	0.49%
RXST	B	0.49%
SANA	D	0.48%
ARVN	F	0.48%
GERN	C	0.48%
DYN	D	0.47%
DCPH	A	0.47%
KROS	D	0.45%
RCKT	F	0.45%
RNA	B	0.45%
AGIO	C	0.44%
BEAM	F	0.41%
RXRX	F	0.41%
ATEC	F	0.41%
TWST	B	0.41%
SNDX	D	0.41%
EWTX	C	0.4%
MYGN	A	0.39%
ARDX	C	0.36%
INBX	D	0.36%
ADMA	B	0.35%
DAWN	C	0.35%
KURA	C	0.35%
PTGX	C	0.34%
VCYT	D	0.34%
NVCR	C	0.34%
XNCR	C	0.33%
RCUS	F	0.32%
MORF	F	0.32%
AKRO	F	0.31%
FDMT	D	0.3%
TARS	B	0.3%
CGEM	C	0.29%
MIRM	F	0.28%
VIR	F	0.28%
SRRK	D	0.27%
MRVI	C	0.27%
PRTA	F	0.27%
TYRA	C	0.24%
ATRC	F	0.24%
MGNX	F	0.23%
SAVA	D	0.23%
LQDA	D	0.23%
ARQT	D	0.23%
EYPT	F	0.23%
ALXO	C	0.22%
SPRY	C	0.22%
BCRX	D	0.22%
AVNS	C	0.22%
RLAY	F	0.22%
VRDN	F	0.21%
ELVN	B	0.21%
CTKB	F	0.2%
EOLS	D	0.2%
BLFS	B	0.2%
OCUL	D	0.2%
CYRX	F	0.2%
AUPH	F	0.19%
KIDS	C	0.19%
YMAB	D	0.19%
COGT	C	0.19%
KNSA	C	0.19%
LBPH	C	0.19%
FNA	F	0.19%
PLRX	F	0.19%
RGNX	F	0.19%
ETNB	F	0.19%
WVE	D	0.18%
ANAB	C	0.18%
SILK	C	0.18%
SAGE	F	0.18%
ZNTL	F	0.18%
NVAX	B	0.17%
HLVX	D	0.17%
ARCT	F	0.17%
SIGA	C	0.17%
NUVB	B	0.17%
LYEL	C	0.16%
TMCI	F	0.16%
SVRA	D	0.16%
PRME	F	0.16%
IRON	F	0.16%
MLYS	B	0.16%
PHAT	D	0.15%
CABA	F	0.15%
HUMA	B	0.15%
SIBN	F	0.15%
ORIC	F	0.15%
NRIX	D	0.15%
QTRX	F	0.15%
SRDX	C	0.14%
KALV	C	0.14%
OABI	D	0.14%
AVTE	D	0.14%
OLMA	F	0.14%
CDMO	C	0.14%
CDNA	B	0.13%
PEPG	B	0.13%
URGN	F	0.13%
OFIX	C	0.13%
LRMR	D	0.13%
ABUS	B	0.13%
NKTX	D	0.13%
ALEC	F	0.13%
THRD	B	0.13%
ANIK	C	0.12%
ZIMV	C	0.12%
EDIT	F	0.12%
PLSE	F	0.12%
TVTX	F	0.12%
TRDA	C	0.12%
VYGR	D	0.12%
ALLO	F	0.12%
TBPH	C	0.12%
HRTX	C	0.11%
MRSN	F	0.11%
NVRO	F	0.11%
REPL	F	0.11%
LXRX	D	0.11%
AURA	F	0.11%
ITOS	B	0.11%
PACB	F	0.11%
BMEA	F	0.11%
CELC	D	0.11%
VERV	F	0.11%
ADPT	C	0.11%
CRMD	C	0.1%
ERAS	F	0.1%
PGEN	F	0.1%
ALT	D	0.1%
FATE	D	0.1%
TNYA	D	0.1%
HROW	D	0.1%
RVNC	F	0.1%
LUNG	D	0.1%
AVXL	F	0.09%
VTYX	F	0.09%
ALDX	D	0.09%
CRBU	F	0.09%
MGTX	F	0.09%
CERS	F	0.09%
IGMS	D	0.09%
TERN	F	0.09%
ANNX	D	0.09%
MCRB	D	0.08%
CDXS	B	0.08%
CHRS	F	0.08%
INZY	F	0.08%
XERS	F	0.08%
TSVT	D	0.08%
OMER	D	0.08%
ANGO	C	0.08%
PSTX	F	0.08%
ATNM	B	0.08%
ENTA	D	0.08%
RAPT	F	0.08%
AKYA	F	0.07%
OM	D	0.07%
QSI	F	0.07%
STRO	D	0.07%
EBS	C	0.07%
AXGN	F	0.07%
MACK	B	0.07%
FENC	D	0.07%
BLUE	F	0.06%
BCAB	C	0.06%
BFLY	D	0.06%
INGN	C	0.06%
XFOR	D	0.06%
KOD	D	0.06%
CUTR	D	0.06%
SCPH	F	0.06%
RCEL	F	0.06%
RIGL	F	0.06%
ALLK	F	0.05%
KPTI	F	0.05%
ACRS	F	0.05%
ARAY	F	0.05%
CVRX	F	0.05%
PDSB	F	0.05%
PMVP	D	0.05%
OMGA	F	0.05%
MURA	F	0.04%
EYEN	F	0.04%
FGEN	F	0.04%
ACET	F	0.04%
SGMO	F	0.04%
BTAI	F	0.04%
ATRA	F	0.04%
GRTS	F	0.03%
GNLX	F	0.03%
MRNS	F	0.02%

BTEC Underweight 46 Positions Relative to QQQN

Symbol	Grade	Weight
MPWR	B	-3.9%
SMCI	D	-3.73%
TSCO	B	-3.3%
EBAY	D	-2.91%
ICLR	D	-2.89%
AXON	C	-2.72%
WDC	B	-2.62%
NTAP	B	-2.45%
ALGN	F	-2.45%
STLD	D	-2.43%
PTC	D	-2.38%
FSLR	B	-2.32%
DKNG	D	-2.24%
ENTG	D	-2.24%
ULTA	D	-2.18%
TER	A	-2.09%
STX	C	-2.08%
HOLX	D	-2.03%
CHKP	D	-2.0%
JBHT	D	-1.94%
UAL	B	-1.92%
VRSN	F	-1.92%
ZM	D	-1.8%
ENPH	F	-1.76%
BMRN	F	-1.76%
BIDU	C	-1.74%
OKTA	D	-1.73%
SSNC	C	-1.73%
NDSN	A	-1.72%
BSY	A	-1.72%
EXPE	F	-1.71%
AKAM	F	-1.71%
NTNX	A	-1.71%
SWKS	F	-1.68%
NBIX	C	-1.59%
POOL	D	-1.58%
VTRS	D	-1.58%
SNY	B	-1.52%
MANH	D	-1.47%
PODD	D	-1.38%
INCY	F	-1.37%
RIVN	F	-1.11%
NWSA	D	-1.05%
FOXA	B	-0.87%
FOX	B	-0.79%
NWS	D	-0.55%