PHEQ vs. QQA ETF Comparison
Comparison of Parametric Hedged Equity ETF (PHEQ) to Invesco QQQ Income Advantage ETF (QQA)
PHEQ
Parametric Hedged Equity ETF
PHEQ Description
The fund seeks to provide capital appreciation by investing its net assets in equity securities of certain U.S. large capitalization companies that are constituents of the Solactive GBS US 500 at the time of purchase.
Grade (RS Rating)
Last Trade
$28.57
Average Daily Volume
11,903
Number of Holdings
*
8
* may have additional holdings in another (foreign) market
QQA
Invesco QQQ Income Advantage ETF
QQA Description
The fund seeks to achieve its investment objective by: (1) investing in a portfolio of U.S. equity securities designed to track the performance, before fees and expenses, of the NASDAQ-100 Index® or U.S.-listed exchange-traded funds (ETFs) that seek to track the performance of the index, or both, and (2) utilizing an options-based income strategy implemented through equity-linked notes (ELNs) with exposure to either the index or ETFs tracking the index. The fund is non-diversified.Grade (RS Rating)
Last Trade
$49.16
Average Daily Volume
45,132
Number of Holdings
*
9
* may have additional holdings in another (foreign) market
Performance
Period | PHEQ | QQA |
---|---|---|
30 Days | 0.88% | 2.36% |
60 Days | 2.84% | 2.89% |
90 Days | 2.88% | |
12 Months |
PHEQ: Top Represented Industries & Keywords
Industries:
Internet Content & Information
Consumer Electronics
Drug Manufacturers - Major
Semiconductors
Software - Infrastructure
Specialty Retail
Keywords:
S&P 500
Nasdaq 100
Computing
Hyperscale
Smartphones
Software
Work From Home
Dow Jones Component
Laptop Computer
Mobile Devices
Operating System
Advertising Network
Application Programming Interface
Auction Based Advertising Program
Display Advertising
Display Advertising Network
IBD 50
Maps
Mobile Software
Mobile Wireless Devices
QQA: Top Represented Industries & Keywords
Industries:
Internet Content & Information
Semiconductors
Auto Manufacturers
Consumer Electronics
Discount Stores
Software - Infrastructure
Specialty Retail
Keywords:
Nasdaq 100
S&P 500
Computing
Hyperscale
Smartphones
Work From Home
Dow Jones Component
IBD 50
Mobile Devices
Operating System
Software
Fabless Semiconductor Companies
Laptop Computer
Online Retail
Retailing
Advertising Network
Advertising Services
Alcohol
Alternative Energy
Application Programming Interface