IWLG vs. QQQM ETF Comparison

Comparison of IQ MacKay Municipal Insured ETF (IWLG) to Invesco NASDAQ 100 ETF (QQQM)

IWLG

IQ MacKay Municipal Insured ETF

IWLG Description

IQ MacKay Municipal Insured ETF 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. IQ MacKay Municipal Insured ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$47.70

Average Daily Volume

10,115

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QQQM

Invesco NASDAQ 100 ETF

QQQM Description

The investment seeks to track the investment results (before fees and expenses) of the NASDAQ-100 Index® (the 'underlying index'). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, Nasdaq, Inc. compiles, maintains and calculates the underlying index, which includes securities of 100 of the largest domestic and international nonfinancial companies listed on The Nasdaq Stock Market LLC based on market capitalization. It is non-diversified.

Grade (RS Rating)

Last Trade

$208.18

Average Daily Volume

1,779,465

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	IWLG	QQQM
30 Days	3.60%	3.56%
60 Days	5.25%	4.72%
90 Days	7.23%	5.55%
12 Months	37.83%	30.67%

23 Overlapping Holdings

Symbol	Grade	Weight in IWLG	Weight in QQQM	Overlap
AAPL	C	6.63%	8.57%	6.63%
ADBE	C	0.84%	1.41%	0.84%
AMD	F	1.78%	1.42%	1.42%
AMZN	C	8.27%	5.24%	5.24%
ASML	F	1.05%	0.39%	0.39%
AVGO	D	4.01%	4.81%	4.01%
BKNG	A	0.55%	1.07%	0.55%
GOOG	C	2.44%	2.44%	2.44%
GOOGL	C	2.42%	2.54%	2.42%
INTU	C	1.55%	1.16%	1.16%
ISRG	A	2.23%	1.22%	1.22%
LRCX	F	1.43%	0.58%	0.58%
MELI	D	1.49%	0.62%	0.62%
META	D	5.28%	4.84%	4.84%
MSFT	F	12.49%	7.6%	7.6%
NFLX	A	1.8%	2.41%	1.8%
NVDA	C	7.8%	8.81%	7.8%
ORLY	B	1.19%	0.44%	0.44%
SBUX	A	1.27%	0.71%	0.71%
SNPS	B	1.07%	0.53%	0.53%
TSLA	B	1.52%	4.07%	1.52%
TXN	C	0.97%	1.15%	0.97%
WDAY	B	1.76%	0.35%	0.35%

IWLG Overweight 19 Positions Relative to QQQM

Symbol	Grade	Weight
LLY	F	2.51%
SPOT	B	2.49%
MA	C	2.33%
GE	D	2.0%
KKR	A	1.99%
TT	A	1.86%
NOW	A	1.75%
FICO	B	1.73%
ETN	A	1.62%
UBER	D	1.51%
CMG	B	1.34%
ORCL	B	1.22%
SYK	C	1.19%
SHOP	B	1.11%
WCN	A	1.07%
HLT	A	1.03%
VMC	B	0.97%
ALNY	D	0.95%
BSX	B	0.95%

IWLG Underweight 78 Positions Relative to QQQM

Symbol	Grade	Weight
COST	B	-2.62%
TMUS	B	-1.75%
CSCO	B	-1.47%
PEP	F	-1.39%
LIN	D	-1.37%
QCOM	F	-1.09%
CMCSA	B	-1.06%
AMGN	D	-0.98%
HON	B	-0.94%
AMAT	F	-0.89%
PANW	C	-0.81%
ADP	B	-0.77%
VRTX	F	-0.74%
GILD	C	-0.7%
MU	D	-0.69%
ADI	D	-0.67%
INTC	D	-0.65%
APP	B	-0.61%
CTAS	B	-0.56%
MDLZ	F	-0.55%
PYPL	B	-0.55%
KLAC	D	-0.53%
CDNS	B	-0.53%
CRWD	B	-0.52%
REGN	F	-0.51%
MAR	B	-0.5%
PDD	F	-0.49%
MRVL	B	-0.49%
CEG	D	-0.47%
FTNT	C	-0.45%
CSX	B	-0.43%
DASH	A	-0.42%
ADSK	A	-0.42%
ABNB	C	-0.38%
PCAR	B	-0.37%
ROP	B	-0.37%
NXPI	D	-0.36%
TTD	B	-0.35%
CHTR	C	-0.35%
CPRT	A	-0.34%
FANG	D	-0.34%
AEP	D	-0.33%
MNST	C	-0.33%
PAYX	C	-0.32%
ROST	C	-0.3%
FAST	B	-0.3%
ODFL	B	-0.29%
KDP	D	-0.28%
BKR	B	-0.28%
EA	A	-0.28%
DDOG	A	-0.27%
VRSK	A	-0.26%
EXC	C	-0.25%
GEHC	F	-0.25%
XEL	A	-0.25%
TEAM	A	-0.25%
KHC	F	-0.24%
CTSH	B	-0.24%
LULU	C	-0.23%
AZN	D	-0.23%
IDXX	F	-0.22%
CCEP	C	-0.22%
MCHP	D	-0.22%
TTWO	A	-0.21%
CSGP	D	-0.2%
ANSS	B	-0.19%
DXCM	D	-0.19%
ZS	C	-0.19%
ON	D	-0.18%
WBD	C	-0.16%
GFS	C	-0.15%
CDW	F	-0.15%
BIIB	F	-0.14%
MDB	C	-0.13%
ILMN	D	-0.13%
ARM	D	-0.11%
SMCI	F	-0.1%
MRNA	F	-0.09%