IQM vs. QQQA ETF Comparison

Comparison of Franklin Intelligent Machines ETF (IQM) to ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA)
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

$56.76

Average Daily Volume

2,465

Number of Holdings *

47

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

ProShares Nasdaq-100 Dorsey Wright Momentum ETF

QQQA Description ProShares Trust - ProShares Nasdaq-100 Dorsey Wright Momentum ETF is an exchange traded fund launched and managed by ProShare Advisors LLC. The fund invests in the public equity markets across the globe. It invests in the stocks of companies operating in the non-financial companies. The fund invests in momentum stocks of large cap companies. It replicates the performance of Nasdaq-100 Dorsey Wright Select Index. ProShares Trust - ProShares Nasdaq-100 Dorsey Wright Momentum ETF was formed on May 18, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$41.39

Average Daily Volume

3,133

Number of Holdings *

21

* may have additional holdings in another (foreign) market
Performance
Period IQM QQQA
30 Days -1.83% -4.15%
60 Days -3.25% -5.31%
90 Days 6.23% -1.02%
12 Months 36.02% 32.87%
7 Overlapping Holdings
Symbol Grade Weight in IQM Weight in QQQA Overlap
AMAT C 3.18% 4.75% 3.18%
AVGO D 1.85% 4.7% 1.85%
CDNS D 4.66% 4.56% 4.56%
KLAC B 1.58% 4.97% 1.58%
LRCX D 1.73% 4.61% 1.73%
NVDA C 10.75% 4.79% 4.79%
SNPS D 4.56% 4.76% 4.56%
IQM Overweight 40 Positions Relative to QQQA
Symbol Grade Weight
ASML D 5.21%
ISRG C 4.94%
AAPL C 3.76%
TSM C 3.48%
AXON A 3.43%
AMD D 2.74%
PWR A 2.5%
TSLA D 2.44%
PTC D 2.14%
ANSS D 1.84%
ENTG D 1.83%
ADI A 1.74%
ADSK D 1.68%
TER A 1.65%
APH A 1.63%
DXCM D 1.56%
ETN A 1.46%
IDXX F 1.41%
ALTR D 1.2%
ROP F 0.99%
NXPI A 0.96%
KEYS D 0.9%
TEL C 0.71%
TXN A 0.68%
TEAM F 0.56%
BSY B 0.54%
VMI B 0.53%
TRMB D 0.49%
MCHP A 0.48%
FSLR B 0.45%
INTC F 0.41%
HON C 0.4%
UBER D 0.31%
INSP B 0.28%
PRCT A 0.27%
TXG F 0.16%
SITM D 0.14%
ZBRA A 0.1%
WOLF F 0.08%
ALGN F 0.08%
IQM Underweight 14 Positions Relative to QQQA
Symbol Grade Weight
COST C -5.02%
CPRT C -5.0%
BKNG C -4.92%
CEG A -4.9%
AMZN A -4.89%
QCOM A -4.87%
CRWD D -4.86%
FANG B -4.83%
WDAY D -4.72%
DASH D -4.68%
PCAR D -4.58%
MU B -4.55%
NFLX D -4.5%
META D -4.36%
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