FCOM vs. QQQU ETF Comparison

Comparison of Fidelity MSCI Telecommunication Services Index ETF (FCOM) to Direxion Daily Concentrated Qs Bull 2X Shares (QQQU)
FCOM

Fidelity MSCI Telecommunication Services Index ETF

FCOM Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Telecommunication Services 25/50 Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Telecommunication Services 25/50 Index, which represents the performance of the telecommunication services sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Telecommunication Services 25/50 Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$52.43

Average Daily Volume

71,631

Number of Holdings *

87

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

Direxion Daily Concentrated Qs Bull 2X Shares

QQQU Description QQQU provides daily 2x exposure to an index comprised of the seven leading companies listed on the NASDAQ exchange that meet certain requirements. It will invest in the securities of the index, financial instruments including swap and futures agreements, and ETFs tracking the index, to provide the leveraged exposure consistent with its objective. To be included in the index, the common stocks or ADRs must have a minimum free float equivalent to 10% of shares outstanding, and have a share price of less than $10,000. After an extensive research, the index provider selects the seven leading constituents that forms the index and equally-weights them. The index is rebalanced and reconstituted quarterly. As a leveraged product with 2x factor that resets daily, QQQU is not a buy-and-hold investment and should not be expected to provide index leverage return greater than a one day period.

Grade (RS Rating)

Last Trade

$37.42

Average Daily Volume

10,027

Number of Holdings *

7

* may have additional holdings in another (foreign) market
Performance
Period FCOM QQQU
30 Days 3.77% 29.49%
60 Days 6.72% 38.94%
90 Days 4.74% 45.36%
12 Months 30.82%
2 Overlapping Holdings
Symbol Grade Weight in FCOM Weight in QQQU Overlap
GOOGL A 12.68% 12.34% 12.34%
META B 24.03% 9.86% 9.86%
FCOM Overweight 85 Positions Relative to QQQU
Symbol Grade Weight
GOOG A 9.7%
NFLX A 4.52%
VZ B 4.43%
DIS D 4.26%
CMCSA F 4.03%
T B 3.74%
TMUS A 2.92%
TTD A 1.74%
EA B 1.6%
CHTR C 1.42%
PINS B 1.39%
TTWO B 1.35%
RBLX B 1.26%
SNAP B 1.22%
OMC D 1.1%
WBD F 1.09%
LYV C 1.0%
IPG F 0.95%
NWSA A 0.9%
FOXA A 0.71%
MTCH F 0.71%
NYT A 0.68%
ROKU D 0.65%
LBRDK C 0.54%
PARA D 0.47%
NXST C 0.46%
FYBR B 0.42%
EDR A 0.42%
FOX A 0.39%
IAC F 0.31%
ZI F 0.29%
IRDM D 0.25%
MSGS B 0.25%
ZD F 0.22%
CCOI D 0.21%
YELP F 0.21%
TGNA D 0.21%
CNK B 0.2%
CARG B 0.19%
SATS B 0.19%
TDS B 0.18%
TRIP D 0.16%
CABO F 0.14%
MGNI B 0.14%
LILAK B 0.11%
CARS C 0.11%
AMC C 0.11%
LUMN D 0.09%
LGF.A D 0.09%
LBRDA C 0.08%
USM B 0.08%
SCHL D 0.08%
MSGE D 0.08%
SSTK F 0.08%
BMBL F 0.08%
IMAX B 0.07%
TTGT B 0.07%
QNST C 0.07%
PUBM C 0.07%
GSAT D 0.07%
ZIP D 0.06%
IAS C 0.06%
SHEN C 0.06%
VMEO F 0.05%
STGW C 0.05%
IDT C 0.05%
THRY F 0.05%
GOGO C 0.05%
GTN D 0.04%
ATUS F 0.04%
MAX F 0.04%
EVER C 0.04%
LGF.A D 0.04%
BOC F 0.03%
LILA B 0.03%
CNSL B 0.03%
CCO C 0.03%
ADV D 0.03%
FUBO D 0.03%
EB F 0.03%
ATEX B 0.03%
ATNI D 0.02%
MCS F 0.02%
AMCX F 0.02%
ANGI F 0.01%
FCOM Underweight 5 Positions Relative to QQQU
Symbol Grade Weight
NVDA B -13.05%
AAPL A -11.42%
TSLA B -10.86%
AMZN A -10.74%
MSFT A -10.4%
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