IQM vs. FNGG ETF Comparison

Comparison of Franklin Intelligent Machines ETF (IQM) to Direxion Daily Select Large Cap (FNGG)
IQM

Franklin Intelligent Machines ETF

IQM Description

The investment seeks capital appreciation. Under normal market conditions, the fund invests at least 80% of its net assets in equity securities of companies that are relevant to its investment theme of intelligent machines. The fund invests predominantly in common stock. Although it may invest across economic sectors, the advisor expects to have significant positions in particular sectors including technology. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$67.32

Average Daily Volume

4,402

Number of Holdings *

49

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

Direxion Daily Select Large Cap

FNGG Description Direxion Daily Select Large Caps is an exchange traded fund launched by Direxion Investments. The fund is managed by Rafferty Asset Management, LLC. It invests in public equity markets of the United States. The fund invests directly, through derivatives and through other funds in stocks of companies operating across consumer discretionary, communication services and information technology sectors. Direxion Daily Select Large Caps is domiciled in the United States.

Grade (RS Rating)

Last Trade

$161.86

Average Daily Volume

16,313

Number of Holdings *

10

* may have additional holdings in another (foreign) market
Performance
Period IQM FNGG
30 Days 5.23% 7.97%
60 Days 5.22% 14.36%
90 Days 8.12% 20.41%
12 Months 41.48% 96.30%
4 Overlapping Holdings
Symbol Grade Weight in IQM Weight in FNGG Overlap
AAPL B 4.22% 4.22% 4.22%
AVGO D 1.98% 4.1% 1.98%
CRWD B 0.87% 5.33% 0.87%
NVDA C 13.69% 5.23% 5.23%
IQM Overweight 45 Positions Relative to FNGG
Symbol Grade Weight
ISRG C 5.81%
AXON B 5.68%
TSLA B 4.41%
CDNS B 4.11%
TSM C 4.01%
SNPS B 3.83%
ASML F 2.83%
PWR A 2.7%
AMAT F 2.3%
AMD F 2.02%
ADSK B 1.94%
TER F 1.4%
ADI D 1.32%
APH B 1.32%
UBER D 1.31%
PTC A 1.29%
GEV C 1.24%
KLAC F 1.23%
VRT B 1.23%
ALTR B 1.22%
VMI A 1.19%
LRCX F 1.12%
ETN A 1.03%
ZBRA A 0.98%
AVAV D 0.91%
ROP B 0.83%
KEYS B 0.83%
IDXX F 0.71%
PRCT B 0.7%
TXN D 0.66%
ENTG D 0.61%
BKR C 0.57%
IOT B 0.53%
TRMB B 0.47%
NXPI D 0.45%
BSY D 0.38%
FSLR F 0.37%
PLTR B 0.35%
PSTG D 0.35%
SITM B 0.32%
MCHP F 0.3%
FTI A 0.26%
OII B 0.26%
ALGN D 0.23%
MPWR F 0.17%
IQM Underweight 6 Positions Relative to FNGG
Symbol Grade Weight
NFLX B -5.2%
NOW B -4.67%
GOOGL C -4.47%
AMZN C -4.42%
META D -4.27%
MSFT D -3.92%
Compare ETFs