CAPE vs. IQQQ ETF Comparison

Comparison of DoubleLine Shiller CAPE U.S. Equities ETF (CAPE) to ProShares Nasdaq-100 High Income ETF (IQQQ)

CAPE

DoubleLine Shiller CAPE U.S. Equities ETF

CAPE Description

The index seeks to provide a notional long exposure to the top four relatively undervalued U.S. equity sectors that also exhibit relatively strong price momentum. It incorporates the CAPE (Cyclically Adjusted Price Earnings) ratio to assess equity market valuations of nine sectors on a monthly basis and to identify the relatively undervalued sectors represented in the S&P 500®.

Grade (RS Rating)

Last Trade

$31.52

Average Daily Volume

28,710

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IQQQ

ProShares Nasdaq-100 High Income ETF

IQQQ Description

The index is designed to replicate the performance of an investment strategy that combines a long position in the Nasdaq-100 Index with a short position in Nasdaq-100 Index call options. Under normal circumstances, the fund will invest at least 80% of its total assets in component securities of the index or in instruments with similar economic characteristics. The fund is non-diversified. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$42.90

Average Daily Volume

51,106

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	CAPE	IQQQ
30 Days	6.57%	3.29%
60 Days	6.80%	4.67%
90 Days	9.18%	5.98%
12 Months	27.17%

4 Overlapping Holdings

Symbol	Grade	Weight in CAPE	Weight in IQQQ	Overlap
COST	B	2.95%	2.45%	2.45%
GOOG	C	2.23%	2.28%	2.23%
GOOGL	C	2.69%	2.37%	2.37%
META	D	5.54%	4.52%	4.52%

CAPE Overweight 6 Positions Relative to IQQQ

Symbol	Grade	Weight
BRK.A	B	3.17%
PG	A	3.07%
WMT	A	2.59%
JPM	A	2.26%
KO	D	2.09%
PLD	D	2.02%

CAPE Underweight 97 Positions Relative to IQQQ

Symbol	Grade	Weight
NVDA	C	-8.24%
AAPL	C	-8.01%
MSFT	F	-7.11%
AMZN	C	-4.9%
AVGO	D	-4.5%
TSLA	B	-3.81%
NFLX	A	-2.25%
TMUS	B	-1.63%
CSCO	B	-1.38%
ADBE	C	-1.32%
AMD	F	-1.32%
PEP	F	-1.3%
LIN	D	-1.28%
ISRG	A	-1.14%
TXN	C	-1.08%
INTU	C	-1.08%
QCOM	F	-1.02%
BKNG	A	-1.0%
CMCSA	B	-0.99%
AMGN	D	-0.92%
HON	B	-0.88%
AMAT	F	-0.84%
PANW	C	-0.76%
ADP	B	-0.72%
VRTX	F	-0.69%
GILD	C	-0.66%
SBUX	A	-0.66%
MU	D	-0.65%
ADI	D	-0.62%
INTC	D	-0.61%
MELI	D	-0.58%
APP	B	-0.57%
LRCX	F	-0.54%
PYPL	B	-0.52%
CTAS	B	-0.52%
MDLZ	F	-0.51%
KLAC	D	-0.49%
CDNS	B	-0.49%
SNPS	B	-0.49%
REGN	F	-0.48%
CRWD	B	-0.48%
MAR	B	-0.47%
PDD	F	-0.46%
MRVL	B	-0.46%
CEG	D	-0.44%
FTNT	C	-0.42%
ORLY	B	-0.41%
CSX	B	-0.4%
DASH	A	-0.39%
ADSK	A	-0.39%
ASML	F	-0.37%
ROP	B	-0.35%
ABNB	C	-0.35%
PCAR	B	-0.34%
WDAY	B	-0.33%
TTD	B	-0.33%
CHTR	C	-0.33%
NXPI	D	-0.33%
CPRT	A	-0.32%
FANG	D	-0.32%
AEP	D	-0.31%
MNST	C	-0.31%
PAYX	C	-0.3%
ROST	C	-0.28%
FAST	B	-0.28%
ODFL	B	-0.27%
KDP	D	-0.26%
BKR	B	-0.26%
EA	A	-0.26%
DDOG	A	-0.25%
VRSK	A	-0.24%
CTSH	B	-0.23%
EXC	C	-0.23%
GEHC	F	-0.23%
XEL	A	-0.23%
TEAM	A	-0.23%
LULU	C	-0.22%
AZN	D	-0.22%
KHC	F	-0.22%
CCEP	C	-0.21%
MCHP	D	-0.21%
IDXX	F	-0.2%
CSGP	D	-0.19%
TTWO	A	-0.19%
ANSS	B	-0.18%
DXCM	D	-0.18%
ZS	C	-0.18%
ON	D	-0.17%
WBD	C	-0.15%
BIIB	F	-0.14%
GFS	C	-0.14%
CDW	F	-0.14%
MDB	C	-0.12%
ILMN	D	-0.12%
ARM	D	-0.1%
SMCI	F	-0.09%
MRNA	F	-0.08%