ABEQ vs. QQQE ETF Comparison

Comparison of Absolute Core Strategy ETF (ABEQ) to Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE)
ABEQ

Absolute Core Strategy ETF

ABEQ Description

The investment seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the CIBC Atlas Clean Energy Index (ticker symbol NACEX) (the underlying index). The fund will invest at least 80% of its net assets in securities that comprise the underlying index. The underlying index utilizes a rules-based methodology developed by CIBC National Trust Company (the index provider), which is designed to provide exposure to a diverse set of U.S. and Canadian companies involved in the clean energy sector including renewables and clean technology. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$32.85

Average Daily Volume

5,950

Number of Holdings *

19

* may have additional holdings in another (foreign) market
QQQE

Direxion NASDAQ-100 Equal Weighted Index Shares

QQQE Description The investment seeks investment results, before fees and expenses, that track the NASDAQ-100® Equal Weighted Index. The fund invests at least 80% of its assets in the equity securities that comprise the index and/or investments that have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is the equal weighted version of the NASDAQ-100 Index® which includes 100 of the largest domestic and international non-financial securities listed on The NASDAQ® Stock Market (the "NASDAQ®") based on market capitalization. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$93.26

Average Daily Volume

254,020

Number of Holdings *

101

* may have additional holdings in another (foreign) market
Performance
Period ABEQ QQQE
30 Days -0.61% 2.45%
60 Days 0.76% 4.41%
90 Days 1.75% 4.35%
12 Months 19.75% 20.28%
4 Overlapping Holdings
Symbol Grade Weight in ABEQ Weight in QQQE Overlap
CMCSA B 3.85% 1.05% 1.05%
CSCO B 3.39% 1.08% 1.08%
GEHC D 0.97% 0.9% 0.9%
HON C 1.11% 1.1% 1.1%
ABEQ Overweight 15 Positions Relative to QQQE
Symbol Grade Weight
BRK.A B 11.57%
L A 6.67%
UL D 6.26%
MDT D 4.54%
DD C 4.13%
TRV B 3.91%
EOG A 3.58%
CTVA C 2.86%
IFF D 2.31%
HSY F 1.95%
DEO F 1.74%
MRK D 1.65%
CME B 1.25%
EQC B 1.02%
VZ C 0.98%
ABEQ Underweight 97 Positions Relative to QQQE
Symbol Grade Weight
TEAM A -1.43%
TSLA B -1.31%
FTNT C -1.23%
NVDA B -1.22%
MRVL B -1.2%
DASH B -1.2%
BKNG A -1.18%
TTWO A -1.16%
LULU C -1.16%
ZS B -1.15%
BKR A -1.15%
TTD B -1.14%
TMUS B -1.14%
CHTR C -1.13%
FAST B -1.12%
PCAR B -1.12%
ODFL C -1.11%
EA A -1.11%
NFLX A -1.11%
PANW B -1.11%
MAR A -1.11%
ADSK A -1.1%
MU D -1.09%
CRWD B -1.09%
PDD F -1.08%
WBD B -1.07%
GILD C -1.07%
ILMN C -1.07%
PYPL B -1.07%
PAYX B -1.06%
CPRT B -1.06%
ADP A -1.06%
ORLY B -1.06%
CTAS B -1.05%
ISRG A -1.05%
INTC C -1.05%
VRSK A -1.04%
CDNS B -1.04%
WDAY B -1.04%
AMZN C -1.04%
SNPS B -1.04%
MNST C -1.04%
CTSH B -1.03%
INTU B -1.03%
GFS C -1.02%
XEL A -1.02%
ANSS B -1.02%
DDOG A -1.02%
TXN C -1.0%
MDB B -1.0%
VRTX D -1.0%
DXCM C -1.0%
META D -0.99%
COST A -0.98%
SBUX A -0.98%
AVGO D -0.98%
CSX C -0.98%
ABNB C -0.97%
ADBE C -0.96%
ARM F -0.96%
ON D -0.96%
ROP B -0.96%
FANG C -0.95%
AAPL C -0.94%
MSFT D -0.93%
CSGP D -0.93%
LRCX F -0.93%
LIN C -0.92%
QCOM F -0.92%
ADI D -0.92%
NXPI D -0.92%
AMAT F -0.92%
PEP F -0.91%
EXC C -0.9%
CCEP C -0.9%
MELI C -0.89%
AMD F -0.88%
ROST D -0.87%
AEP C -0.87%
KHC F -0.87%
KDP F -0.85%
MDLZ F -0.85%
CEG C -0.85%
AMGN F -0.84%
DLTR F -0.83%
MCHP F -0.83%
KLAC F -0.83%
CDW F -0.81%
IDXX F -0.8%
ASML F -0.8%
BIIB F -0.8%
AZN F -0.79%
REGN F -0.68%
MRNA F -0.63%
GOOGL C -0.53%
GOOG C -0.53%
SMCI F -0.45%
Compare ETFs