QLD vs. IETC ETF Comparison

Comparison of ProShares Ultra QQQ (QLD) to iShares Evolved U.S. Technology ETF (IETC)

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

$100.20

Average Daily Volume

3,465,511

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

IETC

iShares Evolved U.S. Technology ETF

IETC Description

The investment seeks to provide access to U.S. companies with technology exposure, as classified using a proprietary classification system. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets in U.S. listed common stock of large-, mid- and small-capitalization technology companies. It will hold common stock of those companies that fall into the Technology Evolved Sector which have economic characteristics that have been historically correlated with companies traditionally defined as technology companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$78.27

Average Daily Volume

16,955

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	QLD	IETC
30 Days	5.95%	4.85%
60 Days	8.12%	6.22%
90 Days	0.44%	4.32%
12 Months	69.64%	48.16%

36 Overlapping Holdings

Symbol	Grade	Weight in QLD	Weight in IETC	Overlap
AAPL	C	6.73%	2.39%	2.39%
ABNB	D	0.28%	0.63%	0.28%
ADBE	F	1.17%	1.15%	1.15%
ADP	C	0.58%	0.06%	0.06%
ADSK	B	0.29%	0.63%	0.29%
AMD	C	1.23%	0.83%	0.83%
AMZN	C	3.86%	9.07%	3.86%
ANSS	D	0.14%	0.37%	0.14%
AVGO	C	3.85%	9.75%	3.85%
CDNS	D	0.38%	1.65%	0.38%
CDW	D	0.15%	0.72%	0.15%
CRWD	D	0.32%	0.42%	0.32%
CSCO	B	1.05%	2.36%	1.05%
CSGP	D	0.16%	0.37%	0.16%
DASH	B	0.26%	0.17%	0.17%
DDOG	D	0.18%	0.14%	0.14%
EA	D	0.19%	0.11%	0.11%
FTNT	B	0.29%	0.19%	0.19%
GOOG	D	1.8%	1.83%	1.8%
GOOGL	D	1.87%	2.15%	1.87%
ILMN	D	0.11%	0.05%	0.05%
INTU	D	0.91%	0.06%	0.06%
KLAC	D	0.51%	0.21%	0.21%
LRCX	D	0.51%	0.18%	0.18%
META	B	3.73%	1.75%	1.75%
MSFT	C	6.37%	8.9%	6.37%
MU	D	0.5%	0.43%	0.43%
NVDA	C	5.55%	6.13%	5.55%
QCOM	D	0.96%	1.4%	0.96%
SMCI	F	0.13%	0.07%	0.07%
SNPS	F	0.39%	0.18%	0.18%
TEAM	D	0.13%	0.54%	0.13%
TTD	B	0.25%	0.54%	0.25%
TXN	B	0.94%	0.3%	0.3%
VRSK	D	0.19%	0.58%	0.19%
WDAY	D	0.27%	0.87%	0.27%

QLD Overweight 65 Positions Relative to IETC

Symbol	Grade	Weight
TSLA	C	2.18%
COST	C	2.03%
NFLX	B	1.53%
PEP	D	1.24%
TMUS	B	1.18%
LIN	B	1.15%
AMGN	D	0.92%
ISRG	C	0.88%
CMCSA	C	0.8%
AMAT	D	0.79%
BKNG	B	0.7%
HON	C	0.67%
VRTX	D	0.63%
REGN	D	0.63%
ADI	C	0.57%
SBUX	C	0.56%
PANW	D	0.55%
MELI	C	0.55%
GILD	B	0.54%
MDLZ	C	0.52%
INTC	D	0.45%
CTAS	C	0.42%
PYPL	B	0.39%
ASML	F	0.37%
MAR	B	0.35%
PDD	D	0.34%
CSX	C	0.34%
ORLY	B	0.34%
MRVL	D	0.32%
CEG	C	0.32%
ROP	C	0.3%
NXPI	D	0.3%
AEP	C	0.28%
MNST	D	0.28%
PCAR	D	0.26%
ROST	C	0.26%
KDP	B	0.26%
CHTR	D	0.25%
CPRT	D	0.25%
PAYX	C	0.24%
AZN	D	0.23%
IDXX	D	0.22%
KHC	C	0.22%
ODFL	D	0.22%
FAST	C	0.21%
GEHC	B	0.21%
MCHP	D	0.21%
EXC	B	0.2%
CCEP	C	0.19%
CTSH	B	0.19%
BKR	C	0.18%
XEL	B	0.18%
LULU	D	0.17%
ON	D	0.16%
FANG	F	0.16%
BIIB	F	0.15%
MRNA	F	0.14%
DXCM	F	0.14%
ZS	F	0.13%
TTWO	D	0.13%
MDB	D	0.11%
WBD	D	0.11%
GFS	F	0.11%
ARM	C	0.08%
DLTR	F	0.08%

QLD Underweight 88 Positions Relative to IETC

Symbol	Grade	Weight
CRM	C	-5.36%
ACN	C	-5.28%
ORCL	B	-4.16%
IBM	B	-2.35%
MSI	B	-2.15%
NOW	C	-1.77%
ICE	C	-1.61%
MANH	B	-1.28%
VRSN	C	-1.16%
NTAP	D	-1.03%
GPN	D	-0.93%
PH	B	-0.89%
MA	B	-0.88%
MPWR	B	-0.85%
SPGI	C	-0.74%
EQIX	B	-0.72%
SSNC	C	-0.71%
IT	C	-0.59%
ANET	C	-0.58%
TYL	C	-0.58%
FDS	C	-0.57%
ZM	C	-0.49%
LMT	A	-0.44%
SNOW	F	-0.37%
PLTR	C	-0.36%
MCO	C	-0.34%
COIN	F	-0.32%
CPAY	B	-0.28%
G	C	-0.27%
UBER	C	-0.25%
TTEK	C	-0.25%
BAH	B	-0.21%
SQ	D	-0.19%
KEYS	B	-0.18%
TRU	B	-0.18%
MMC	C	-0.18%
IRM	C	-0.17%
BSY	C	-0.17%
PINS	D	-0.16%
AKAM	D	-0.16%
QLYS	D	-0.15%
IQV	D	-0.15%
OMC	B	-0.15%
CACI	B	-0.15%
MSTR	C	-0.14%
JKHY	B	-0.14%
TER	C	-0.13%
NSIT	C	-0.13%
HUBS	D	-0.11%
IPG	C	-0.11%
MSCI	C	-0.11%
QRVO	F	-0.1%
VEEV	C	-0.1%
AON	B	-0.1%
SLB	F	-0.09%
VRT	C	-0.08%
NDAQ	C	-0.08%
SLAB	D	-0.07%
SNAP	D	-0.07%
CBOE	C	-0.07%
BBY	A	-0.07%
ROK	D	-0.07%
HOOD	C	-0.07%
FBIN	B	-0.07%
DELL	C	-0.06%
SAIC	C	-0.06%
CPNG	B	-0.06%
CFLT	F	-0.06%
JNPR	A	-0.06%
LPLA	D	-0.05%
DOCN	C	-0.05%
TDY	B	-0.05%
MMS	B	-0.05%
ENPH	D	-0.04%
APPN	C	-0.04%
DXC	D	-0.04%
CL	C	-0.04%
XYL	C	-0.03%
BILL	D	-0.03%
GLW	B	-0.03%
ZI	D	-0.02%
RIVN	F	-0.01%
TOST	C	-0.01%
GDDY	C	-0.01%
SMAR	A	-0.01%
GRAL	F	-0.0%
ALGN	D	-0.0%
FTV	C	-0.0%

IETC: Top Represented Industries & Keywords

Industries: Software - Application Business Services Software - Infrastructure Information Technology Services Semiconductors Internet Content & Information Capital Markets Semiconductor Equipment & Materials Communication Equipment Diagnostics & Research Diversified Industrials Financial Data & Stock Exchanges Scientific & Technical Instruments Advertising Agencies Computer Systems Insurance Brokers Internet Content & Information Specialty Retail Aerospace & Defense Auto Manufacturers