QLD vs. FVAL ETF Comparison

Comparison of ProShares Ultra QQQ (QLD) to Fidelity Value Factor ETF (FVAL)

QLD

ProShares Ultra QQQ

QLD Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the NASDAQ-100 Index®. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times (2x) the daily return of the index. The index, a modified market capitalization-weighted index, includes 100 of the largest non-financial domestic and international issues listed on the NASDAQ Stock Market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$101.56

Average Daily Volume

2,837,064

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

FVAL

Fidelity Value Factor ETF

FVAL Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Value Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Value Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies that have attractive valuations.

Grade (RS Rating)

Last Trade

$61.24

Average Daily Volume

71,848

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	QLD	FVAL
30 Days	1.21%	0.77%
60 Days	18.93%	7.50%
90 Days	25.35%	10.87%
12 Months	63.47%	28.93%

19 Overlapping Holdings

Symbol	Grade	Weight in QLD	Weight in FVAL	Overlap
AAPL	C	6.44%	6.93%	6.44%
ADP	A	0.57%	0.64%	0.57%
AEP	D	0.25%	0.27%	0.25%
AMZN	A	3.72%	3.74%	3.72%
BKNG	A	0.71%	0.79%	0.71%
CMCSA	B	0.78%	0.6%	0.6%
CTSH	D	0.18%	0.75%	0.18%
EXC	D	0.19%	0.26%	0.19%
GILD	A	0.52%	0.98%	0.52%
GOOGL	B	1.88%	3.81%	1.88%
HON	B	0.63%	0.62%	0.62%
INTC	C	0.45%	0.71%	0.45%
LIN	D	1.08%	0.56%	0.56%
META	B	3.79%	2.76%	2.76%
MSFT	D	5.92%	6.73%	5.92%
MU	C	0.55%	0.93%	0.55%
NVDA	B	6.29%	7.29%	6.29%
PCAR	B	0.26%	0.5%	0.26%
QCOM	F	0.89%	1.06%	0.89%

QLD Overweight 82 Positions Relative to FVAL

Symbol	Grade	Weight
AVGO	B	3.89%
TSLA	B	2.29%
COST	C	1.85%
GOOG	B	1.81%
NFLX	A	1.54%
TMUS	B	1.24%
AMD	F	1.14%
PEP	F	1.09%
CSCO	A	1.07%
ADBE	D	1.03%
TXN	B	0.9%
ISRG	A	0.87%
INTU	D	0.83%
AMGN	D	0.81%
AMAT	F	0.73%
VRTX	A	0.58%
PANW	B	0.55%
ADI	C	0.54%
SBUX	B	0.52%
MELI	C	0.49%
REGN	F	0.48%
LRCX	F	0.47%
KLAC	F	0.44%
MDLZ	F	0.44%
CTAS	B	0.4%
CEG	C	0.39%
SNPS	C	0.39%
CDNS	B	0.38%
PYPL	B	0.38%
PDD	C	0.38%
MAR	B	0.35%
CRWD	C	0.34%
MRVL	A	0.34%
ORLY	B	0.32%
ASML	F	0.31%
CSX	D	0.31%
ADSK	A	0.3%
NXPI	D	0.3%
ABNB	C	0.29%
FTNT	C	0.29%
ROP	F	0.28%
DASH	B	0.28%
TTD	B	0.26%
MNST	B	0.25%
FANG	F	0.25%
CPRT	D	0.24%
WDAY	D	0.24%
PAYX	B	0.24%
ROST	D	0.22%
CHTR	B	0.22%
ODFL	B	0.21%
KDP	F	0.21%
FAST	A	0.21%
AZN	F	0.2%
VRSK	B	0.19%
EA	A	0.19%
GEHC	D	0.19%
DDOG	B	0.19%
MCHP	F	0.19%
KHC	F	0.19%
IDXX	F	0.18%
BKR	A	0.18%
CCEP	D	0.17%
XEL	B	0.17%
LULU	C	0.17%
ON	D	0.15%
TTWO	B	0.14%
ANSS	C	0.14%
DXCM	D	0.14%
CSGP	D	0.14%
TEAM	B	0.14%
BIIB	F	0.13%
ZS	C	0.13%
CDW	F	0.12%
ILMN	A	0.11%
MDB	F	0.1%
GFS	D	0.1%
MRNA	F	0.1%
WBD	D	0.09%
ARM	C	0.09%
SMCI	F	0.09%
DLTR	F	0.06%

QLD Underweight 105 Positions Relative to FVAL

Symbol	Grade	Weight
BRK.A	D	-2.03%
JPM	B	-1.71%
UNH	D	-1.63%
JNJ	D	-1.39%
ABBV	B	-1.38%
V	A	-1.36%
CRM	B	-1.35%
HD	B	-1.19%
ACN	C	-1.14%
XOM	B	-1.13%
MRK	F	-1.11%
IBM	D	-1.1%
PG	D	-1.08%
WMT	A	-1.05%
BAC	B	-1.04%
WFC	B	-0.97%
BMY	A	-0.93%
ZM	A	-0.92%
MCD	D	-0.85%
AXP	B	-0.81%
CI	D	-0.8%
HPE	B	-0.79%
CAT	B	-0.77%
CVS	F	-0.76%
UAL	A	-0.75%
C	B	-0.71%
ELV	F	-0.69%
RPRX	D	-0.66%
TRV	B	-0.66%
COF	A	-0.66%
CVX	B	-0.63%
GM	A	-0.62%
LVS	B	-0.62%
SWKS	F	-0.61%
VZ	D	-0.61%
DE	C	-0.61%
UNP	D	-0.61%
T	B	-0.61%
EXPE	A	-0.6%
DFS	B	-0.6%
SYF	A	-0.59%
DAL	A	-0.59%
CNC	D	-0.59%
JXN	B	-0.58%
LMT	D	-0.58%
RNR	B	-0.57%
PRU	C	-0.57%
UPS	C	-0.56%
WYNN	D	-0.55%
EBAY	D	-0.53%
MO	A	-0.51%
EG	F	-0.51%
KVUE	A	-0.5%
MMM	D	-0.5%
NEE	D	-0.49%
F	F	-0.49%
OZK	B	-0.48%
CMI	A	-0.48%
TGT	D	-0.47%
FDX	D	-0.45%
G	C	-0.43%
KR	A	-0.42%
AGCO	D	-0.42%
KMB	D	-0.42%
RHI	B	-0.42%
M	C	-0.4%
OC	B	-0.39%
ADM	F	-0.37%
COP	D	-0.37%
DUK	D	-0.35%
PLD	F	-0.33%
ACI	F	-0.33%
BG	F	-0.31%
PCG	B	-0.28%
PARA	C	-0.28%
EOG	F	-0.28%
PSA	D	-0.26%
FCX	B	-0.26%
SPG	A	-0.26%
O	D	-0.25%
ATKR	C	-0.25%
NRG	B	-0.25%
CBRE	A	-0.24%
NEM	D	-0.23%
MPC	F	-0.23%
VLO	F	-0.21%
VICI	D	-0.21%
NFG	B	-0.2%
UGI	F	-0.19%
DOW	F	-0.19%
BXP	B	-0.19%
DVN	F	-0.18%
JLL	A	-0.18%
NUE	F	-0.18%
CF	B	-0.17%
GLPI	C	-0.17%
ARE	D	-0.17%
HST	C	-0.17%
STLD	B	-0.17%
LYB	F	-0.16%
WPC	F	-0.16%
MOS	C	-0.14%
CLF	D	-0.13%
MUR	F	-0.13%
CIVI	F	-0.12%