IWFG vs. PNQI ETF Comparison

Comparison of IQ MacKay Municipal Insured ETF (IWFG) to PowerShares Nasdaq Internet Portfolio (PNQI)

IWFG

IQ MacKay Municipal Insured ETF

IWFG Description

The Fund seek long-term growth of capital by employing a bottom-up investment process while investing in companies that have the potential for above-average future earnings and cash flow growth. IWFG typically invests in a portfolio of 25-35 stocks, allocating 10-60% across each growth type. The fund invests in stocks of companies operating across diversified sectors. It invests in growth stocks of large-cap companies. IQ MacKay Municipal Insured ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$48.46

Average Daily Volume

203

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PNQI

PowerShares Nasdaq Internet Portfolio

PNQI Description

The PowerShares NASDAQ Internet Portfolio (Fund) is based on the NASDAQ Internet IndexÂ® (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to track the performance of the largest and most liquid US-listed companies engaged in internet-related businesses and that are listed on one of the major US stock exchanges. The Underlying Index employs a modified market capitalization-weighted methodology based on the market capitalization ranking of the Underlying Index securities. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$45.47

Average Daily Volume

46,183

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IWFG	PNQI
30 Days	6.29%	5.11%
60 Days	14.25%	14.56%
90 Days	14.28%	16.18%
12 Months	47.59%	40.16%

11 Overlapping Holdings

Symbol	Grade	Weight in IWFG	Weight in PNQI	Overlap
AAPL	C	5.03%	7.49%	5.03%
ADBE	D	2.35%	3.16%	2.35%
AMZN	A	7.69%	7.93%	7.69%
BKNG	B	2.02%	4.55%	2.02%
GOOG	B	4.52%	7.94%	4.52%
MELI	B	2.74%	3.33%	2.74%
META	C	4.54%	8.27%	4.54%
MSFT	D	11.57%	7.39%	7.39%
NFLX	A	2.62%	4.09%	2.62%
SPOT	B	3.22%	2.45%	2.45%
UBER	C	2.09%	3.74%	2.09%

IWFG Overweight 18 Positions Relative to PNQI

Symbol	Grade	Weight
NVDA	A	7.83%
AVGO	B	4.86%
TT	B	3.49%
MA	B	3.21%
ADI	C	3.09%
ORLY	A	2.88%
KKR	A	2.77%
ISRG	B	2.74%
NOW	A	2.52%
ETN	B	2.48%
CMG	C	2.31%
APH	A	2.26%
INTU	C	2.23%
LRCX	F	1.93%
SNPS	B	1.81%
WDAY	C	1.62%
HLT	B	1.57%
ASML	F	1.48%

IWFG Underweight 66 Positions Relative to PNQI

Symbol	Grade	Weight
CRM	B	-4.37%
DIS	C	-4.04%
SHOP	B	-3.05%
BABA	C	-2.65%
PYPL	B	-2.61%
DASH	A	-1.95%
ABNB	C	-1.91%
CPNG	C	-1.35%
SE	C	-1.2%
COIN	B	-1.18%
RBLX	A	-1.0%
CSGP	F	-0.96%
EBAY	D	-0.91%
TCOM	B	-0.77%
GDDY	A	-0.76%
JD	C	-0.63%
EXPE	B	-0.63%
ZM	A	-0.63%
PINS	C	-0.62%
VRSN	C	-0.56%
SNAP	C	-0.55%
DKNG	D	-0.55%
AKAM	B	-0.49%
DOCU	A	-0.46%
BIDU	F	-0.41%
OKTA	D	-0.38%
PCTY	A	-0.33%
Z	D	-0.33%
NTES	F	-0.31%
WIX	B	-0.3%
U	C	-0.26%
OTEX	F	-0.26%
ROKU	D	-0.26%
MMYT	A	-0.23%
GTLB	B	-0.23%
DBX	B	-0.21%
GLBE	B	-0.21%
SPSC	D	-0.2%
ETSY	D	-0.19%
VIPS	C	-0.19%
LYFT	C	-0.17%
BOX	B	-0.15%
W	F	-0.14%
CHWY	C	-0.13%
BILI	C	-0.08%
ALRM	D	-0.08%
TRIP	C	-0.07%
ZD	D	-0.07%
YELP	C	-0.07%
CMPR	D	-0.06%
CRTO	F	-0.06%
ATHM	D	-0.06%
DLO	D	-0.05%
TDOC	C	-0.05%
SSTK	D	-0.04%
RDFN	D	-0.04%
BMBL	C	-0.03%
PRO	C	-0.03%
FSLY	C	-0.03%
CARS	D	-0.03%
GDRX	F	-0.02%
CHGG	D	-0.01%
EB	C	-0.01%
FLWS	C	-0.01%
SFIX	B	-0.01%
CCSI	B	-0.01%