QQA vs. QARP ETF Comparison

Comparison of Invesco QQQ Income Advantage ETF (QQA) to Xtrackers Russell 1000 US QARP ETF (QARP)

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

$50.25

Average Daily Volume

11,155

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

QARP

Xtrackers Russell 1000 US QARP ETF

QARP Description

The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the Russell 1000 2Qual/Val 5% Capped Factor Index (the "underlying index"). The fund will invest at least 80% of its total assets (but typically far more) in component securities of the underlying index. The underlying index is designed to track the equity market performance of companies in the United States selected on the investment style criteria ("factors") of quality and value. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$53.85

Average Daily Volume

3,299

Number of Holdings ^*

345

* may have additional holdings in another (foreign) market

Performance

Period	QQA	QARP
30 Days	4.30%	3.81%
60 Days	5.68%	3.83%
90 Days	6.30%	5.70%
12 Months		26.96%

59 Overlapping Holdings

Symbol	Grade	Weight in QQA	Weight in QARP	Overlap
AAPL	C	6.56%	4.93%	4.93%
ABNB	C	0.29%	0.23%	0.23%
ADBE	C	1.11%	0.87%	0.87%
ADI	D	0.51%	0.08%	0.08%
ADP	B	0.6%	0.21%	0.21%
ADSK	A	0.32%	0.06%	0.06%
AMAT	F	0.69%	0.71%	0.69%
AMD	F	1.08%	0.07%	0.07%
AMGN	D	0.75%	0.03%	0.03%
AMZN	C	4.08%	3.85%	3.85%
BIIB	F	0.11%	0.02%	0.02%
BKNG	A	0.83%	0.81%	0.81%
BKR	B	0.21%	0.1%	0.1%
CDNS	B	0.39%	0.02%	0.02%
CDW	F	0.12%	0.02%	0.02%
CHTR	C	0.28%	0.13%	0.13%
CMCSA	B	0.82%	0.86%	0.82%
COST	B	1.99%	2.35%	1.99%
CPRT	A	0.27%	0.07%	0.07%
CSCO	B	1.15%	1.97%	1.15%
CSX	B	0.34%	0.06%	0.06%
CTAS	B	0.43%	0.08%	0.08%
CTSH	B	0.19%	0.29%	0.19%
DLTR	F	0.07%	0.07%	0.07%
EA	A	0.21%	0.21%	0.21%
FANG	D	0.26%	0.19%	0.19%
FAST	B	0.23%	0.22%	0.22%
FTNT	C	0.36%	0.22%	0.22%
GEHC	F	0.18%	0.14%	0.14%
GILD	C	0.54%	0.32%	0.32%
GOOG	C	1.86%	2.15%	1.86%
GOOGL	C	1.94%	2.38%	1.94%
INTC	D	0.51%	0.08%	0.08%
ISRG	A	0.93%	0.18%	0.18%
KLAC	D	0.41%	0.16%	0.16%
LRCX	F	0.45%	0.42%	0.42%
LULU	C	0.19%	0.17%	0.17%
MAR	B	0.39%	0.12%	0.12%
MCHP	D	0.16%	0.04%	0.04%
META	D	3.69%	5.09%	3.69%
MNST	C	0.25%	0.14%	0.14%
MRNA	F	0.07%	0.05%	0.05%
MSFT	F	5.91%	2.01%	2.01%
MU	D	0.53%	0.35%	0.35%
NVDA	C	6.68%	0.18%	0.18%
ODFL	B	0.23%	0.18%	0.18%
ON	D	0.14%	0.04%	0.04%
ORLY	B	0.35%	0.37%	0.35%
PAYX	C	0.25%	0.19%	0.19%
PCAR	B	0.29%	0.23%	0.23%
PYPL	B	0.43%	0.34%	0.34%
QCOM	F	0.88%	0.25%	0.25%
REGN	F	0.4%	0.25%	0.25%
ROST	C	0.23%	0.25%	0.23%
SBUX	A	0.55%	0.51%	0.51%
TSLA	B	2.98%	0.83%	0.83%
TXN	C	0.91%	0.36%	0.36%
VRTX	F	0.6%	0.2%	0.2%
WBD	C	0.11%	0.04%	0.04%

QQA Overweight 42 Positions Relative to QARP

Symbol	Grade	Weight
AVGO	D	3.78%
NFLX	A	1.75%
TMUS	B	1.36%
PEP	F	1.08%
LIN	D	1.06%
INTU	C	0.95%
HON	B	0.74%
PANW	C	0.62%
MELI	D	0.47%
MDLZ	F	0.43%
SNPS	B	0.4%
PDD	F	0.38%
MRVL	B	0.38%
CRWD	B	0.38%
CEG	D	0.35%
DASH	A	0.32%
ASML	F	0.31%
ROP	B	0.29%
WDAY	B	0.27%
NXPI	D	0.27%
TTD	B	0.26%
AEP	D	0.25%
KDP	D	0.21%
VRSK	A	0.2%
KHC	F	0.19%
XEL	A	0.19%
DDOG	A	0.19%
EXC	C	0.19%
TEAM	A	0.19%
AZN	D	0.18%
IDXX	F	0.17%
CCEP	C	0.17%
ZS	C	0.15%
DXCM	D	0.15%
TTWO	A	0.15%
CSGP	D	0.14%
ANSS	B	0.14%
ILMN	D	0.11%
GFS	C	0.11%
MDB	C	0.1%
ARM	D	0.08%
SMCI	F	0.05%

QQA Underweight 286 Positions Relative to QARP

Symbol	Grade	Weight
BRK.A	B	-5.26%
XOM	B	-3.2%
WMT	A	-3.0%
UNH	C	-2.36%
JNJ	D	-2.35%
HD	A	-1.98%
V	A	-1.84%
MA	C	-1.57%
CVX	A	-1.54%
PG	A	-1.38%
MCK	B	-1.18%
ACN	C	-1.17%
TJX	A	-0.82%
COP	C	-0.78%
LOW	D	-0.77%
T	A	-0.72%
LMT	D	-0.71%
VZ	C	-0.67%
CAT	B	-0.66%
MO	A	-0.64%
BMY	B	-0.62%
MMC	B	-0.56%
PM	B	-0.56%
CI	F	-0.55%
EOG	A	-0.51%
PFE	D	-0.47%
ELV	F	-0.46%
CAH	B	-0.4%
LEN	D	-0.4%
COR	B	-0.4%
UPS	C	-0.4%
MCD	D	-0.38%
NUE	C	-0.37%
AON	A	-0.34%
SYY	B	-0.33%
FDX	B	-0.33%
MCO	B	-0.33%
AZO	C	-0.33%
TGT	F	-0.32%
MRK	F	-0.32%
HUM	C	-0.32%
NKE	D	-0.31%
DHI	D	-0.31%
PSA	D	-0.31%
ITW	B	-0.31%
KR	B	-0.29%
GWW	B	-0.28%
ADM	D	-0.27%
MPC	D	-0.26%
HCA	F	-0.26%
CMI	A	-0.26%
STLD	B	-0.25%
TROW	B	-0.25%
DE	A	-0.25%
CNC	D	-0.24%
GM	B	-0.24%
VST	B	-0.23%
NVR	D	-0.23%
ACGL	D	-0.23%
CL	D	-0.22%
ABT	B	-0.22%
MSCI	C	-0.22%
DAL	C	-0.22%
BBY	D	-0.22%
URI	B	-0.22%
GEV	B	-0.21%
PHM	D	-0.21%
WSM	B	-0.21%
KVUE	A	-0.21%
LPLA	A	-0.2%
SPG	B	-0.2%
CVS	D	-0.19%
VLO	C	-0.18%
EXPE	B	-0.17%
RS	B	-0.17%
KMB	D	-0.16%
EME	C	-0.16%
BLDR	D	-0.16%
DVN	F	-0.16%
COF	B	-0.16%
FCNCA	A	-0.15%
GRMN	B	-0.15%
TSCO	D	-0.15%
SYF	B	-0.14%
ULTA	F	-0.14%
SLB	C	-0.14%
DRI	B	-0.13%
CASY	A	-0.13%
DECK	A	-0.13%
ANET	C	-0.13%
OC	A	-0.13%
EXPD	D	-0.13%
CF	B	-0.13%
CTRA	B	-0.12%
TPR	B	-0.12%
UNP	C	-0.12%
PSX	C	-0.12%
SNA	A	-0.12%
KEYS	A	-0.12%
CMG	B	-0.11%
BJ	A	-0.11%
UAL	A	-0.11%
MTG	C	-0.11%
EVR	B	-0.11%
MRO	B	-0.11%
MMM	D	-0.11%
CPNG	D	-0.1%
FDS	B	-0.1%
UTHR	C	-0.1%
SOLV	C	-0.1%
LUV	C	-0.1%
GIS	D	-0.09%
EBAY	D	-0.09%
MTD	D	-0.09%
LYV	A	-0.09%
LYB	F	-0.09%
DKS	C	-0.09%
A	D	-0.09%
AMG	B	-0.09%
ROK	B	-0.09%
CINF	A	-0.09%
CBRE	B	-0.09%
ATO	A	-0.08%
VICI	C	-0.08%
CBOE	B	-0.08%
LNG	B	-0.08%
FICO	B	-0.08%
TT	A	-0.08%
SWKS	F	-0.08%
HRB	D	-0.08%
WY	D	-0.08%
WSO	A	-0.08%
WST	C	-0.08%
PFGC	B	-0.08%
HPQ	B	-0.08%
HSY	F	-0.08%
DOX	D	-0.07%
DOW	F	-0.07%
NTAP	C	-0.07%
CLX	B	-0.07%
GPC	D	-0.07%
GGG	B	-0.07%
RHI	B	-0.07%
SPGI	C	-0.07%
LH	C	-0.07%
SEIC	B	-0.07%
MAS	D	-0.07%
TOL	B	-0.07%
AYI	B	-0.07%
RNR	C	-0.06%
ACI	C	-0.06%
EXP	A	-0.06%
AGCO	D	-0.06%
PGR	A	-0.06%
EG	C	-0.06%
TXRH	C	-0.06%
TXT	D	-0.06%
SKX	D	-0.06%
MOH	F	-0.06%
OXY	D	-0.06%
K	A	-0.06%
EW	C	-0.06%
PWR	A	-0.06%
FFIV	B	-0.06%
PKG	A	-0.06%
JBL	B	-0.06%
VRSN	F	-0.06%
INCY	C	-0.06%
COIN	C	-0.06%
BWA	D	-0.06%
AOS	F	-0.06%
POOL	C	-0.06%
BX	A	-0.06%
CHRW	C	-0.06%
HAL	C	-0.06%
ALK	C	-0.05%
LVS	C	-0.05%
BLD	D	-0.05%
IP	B	-0.05%
JKHY	D	-0.05%
APTV	D	-0.05%
LSTR	D	-0.05%
JBHT	C	-0.05%
CCL	B	-0.05%
CSL	C	-0.05%
ORCL	B	-0.05%
UHS	D	-0.05%
ITT	A	-0.05%
ALGN	D	-0.05%
FIX	A	-0.05%
SAIA	B	-0.05%
CLF	F	-0.05%
MGM	D	-0.05%
RL	B	-0.05%
MKTX	D	-0.05%
YUM	B	-0.05%
MUSA	A	-0.05%
OSK	B	-0.04%
NYT	C	-0.04%
X	C	-0.04%
AAL	B	-0.04%
ACM	A	-0.04%
CHE	D	-0.04%
ROL	B	-0.04%
FCX	D	-0.04%
USFD	A	-0.04%
KNSL	B	-0.04%
LPX	B	-0.04%
ARMK	B	-0.04%
WYNN	D	-0.04%
ALSN	B	-0.04%
LEA	D	-0.04%
TSN	B	-0.04%
CNP	B	-0.04%
PAYC	B	-0.04%
GNTX	C	-0.04%
COKE	C	-0.04%
EPAM	C	-0.04%
LECO	B	-0.04%
CNM	D	-0.04%
MOS	F	-0.04%
BURL	A	-0.04%
FND	C	-0.04%
CHRD	D	-0.04%
DBX	B	-0.04%
INGR	B	-0.04%
DCI	B	-0.04%
HOLX	D	-0.04%
HLI	B	-0.04%
OTIS	C	-0.04%
OLN	D	-0.03%
WAT	B	-0.03%
SJM	D	-0.03%
PINC	B	-0.03%
MTZ	B	-0.03%
FCN	D	-0.03%
RLI	B	-0.03%
G	B	-0.03%
MSM	C	-0.03%
WTW	B	-0.03%
PVH	C	-0.03%
GLPI	C	-0.03%
KNX	B	-0.03%
THO	B	-0.03%
VVV	F	-0.03%
TER	D	-0.03%
RPRX	D	-0.03%
GAP	C	-0.03%
DPZ	C	-0.03%
LOPE	B	-0.03%
OVV	B	-0.03%
JHG	A	-0.03%
DGX	A	-0.03%
FOXA	B	-0.03%
MEDP	D	-0.03%
LLY	F	-0.03%
HST	C	-0.03%
LAMR	D	-0.03%
JNPR	F	-0.03%
TAP	C	-0.03%
J	F	-0.03%
EXEL	B	-0.03%
AMCR	D	-0.03%
BBWI	D	-0.02%
DINO	D	-0.02%
ABBV	D	-0.02%
NEU	C	-0.02%
HII	D	-0.02%
FIVE	F	-0.02%
CE	F	-0.02%
CPB	D	-0.02%
AR	B	-0.02%
TTEK	F	-0.02%
APA	D	-0.02%
M	D	-0.02%
LKQ	D	-0.02%
DD	D	-0.02%
MHK	D	-0.02%
CTVA	C	-0.02%
EL	F	-0.02%
CROX	D	-0.02%
ALB	C	-0.02%
SSD	D	-0.02%
PII	D	-0.02%
CRUS	D	-0.02%
IWB	A	-0.0%