QQA vs. ACIO ETF Comparison

Comparison of Invesco QQQ Income Advantage ETF (QQA) to Aptus Collared Income Opportunity ETF (ACIO)
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

$48.70

Average Daily Volume

45,132

Number of Holdings *

9

* may have additional holdings in another (foreign) market
ACIO

Aptus Collared Income Opportunity ETF

ACIO Description The investment seeks current income and capital appreciation. The fund is an actively-managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective principally by investing in a portfolio of large capitalization U.S.-listed equity securities and an options collar (i.e., a mix of written (sold) call options and long (bought) put options) on the same underlying equity securities. It may write call options on up to 100% of each equity position held in the portfolio and will use a portion of the premium received from writing such call options to purchase put options. It is non-diversified.

Grade (RS Rating)

Last Trade

$39.59

Average Daily Volume

153,660

Number of Holdings *

74

* may have additional holdings in another (foreign) market
Performance
Period QQA ACIO
30 Days 2.36% 1.65%
60 Days 2.89% 4.54%
90 Days 5.32%
12 Months 30.14%
8 Overlapping Holdings
Symbol Grade Weight in QQA Weight in ACIO Overlap
AAPL C 6.98% 6.78% 6.78%
AMZN C 3.69% 3.69% 3.69%
AVGO C 3.88% 2.36% 2.36%
COST C 2.03% 1.02% 1.02%
META B 3.61% 2.58% 2.58%
MSFT C 6.17% 6.68% 6.17%
NVDA C 5.84% 6.63% 5.84%
TSLA C 2.06% 1.47% 1.47%
QQA Overweight 1 Positions Relative to ACIO
Symbol Grade Weight
GOOGL D 1.91%
QQA Underweight 66 Positions Relative to ACIO
Symbol Grade Weight
GOOG D -3.64%
NOW C -1.83%
XOM D -1.8%
LMT A -1.77%
JPM D -1.77%
CAT B -1.73%
SYK C -1.72%
BRK.A C -1.71%
PGR C -1.7%
V C -1.61%
LLY D -1.56%
AMAT D -1.56%
LIN B -1.41%
PG C -1.27%
UNH C -1.24%
LOW B -1.24%
TMO B -1.23%
PEP D -1.2%
BLK B -1.15%
WMT B -1.15%
NFLX B -1.1%
JNJ C -1.09%
ACN C -1.09%
TMUS B -1.08%
SO B -1.06%
MCD B -1.04%
INTU D -1.01%
MAR B -1.0%
CSX C -0.99%
PLD C -0.95%
ELV D -0.94%
CTAS C -0.93%
ADI C -0.93%
MMC C -0.91%
PHM B -0.9%
MS B -0.9%
BAC D -0.89%
TJX C -0.87%
HON C -0.86%
MSI B -0.85%
FDX D -0.8%
ABT C -0.79%
NEE B -0.78%
MDLZ C -0.77%
MRK F -0.77%
FANG F -0.76%
ABBV B -0.74%
ICE C -0.73%
ISRG C -0.71%
DUK B -0.67%
DLR B -0.63%
TYL C -0.59%
DE A -0.59%
MO C -0.57%
EOG D -0.57%
ETN C -0.57%
C C -0.55%
PSA C -0.52%
ADBE F -0.48%
VRTX D -0.47%
SHW B -0.44%
FCX C -0.4%
AMGN D -0.39%
CMCSA C -0.37%
ADP C -0.29%
HAL F -0.24%
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