QQA vs. RAFE ETF Comparison

Comparison of Invesco QQQ Income Advantage ETF (QQA) to PIMCO RAFI ESG U.S. ETF (RAFE)

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

RAFE

PIMCO RAFI ESG U.S. ETF

RAFE Description

The investment seeks to provide total return that closely corresponds, before fees and expenses, to the total return of the RAFI ESG US Index. The fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its total assets in the component securities of the RAFI ESG US Index. The underlying index is constructed by RAFI Indices, LLC using a rules-based approach within publicly traded U.S. equities to create an integrated ESG strategy which overweights companies that rate well across various ESG themes and excludes companies with a major involvement in industries such as tobacco, gaming, weapons and fossil fuels.

Grade (RS Rating)

Last Trade

$37.82

Average Daily Volume

12,485

Number of Holdings ^*

238

* may have additional holdings in another (foreign) market

Performance

Period	QQA	RAFE
30 Days	4.30%	1.92%
60 Days	5.68%	3.06%
90 Days	6.30%	4.90%
12 Months		24.12%

45 Overlapping Holdings

Symbol	Grade	Weight in QQA	Weight in RAFE	Overlap
AAPL	C	6.56%	6.52%	6.52%
ADBE	C	1.11%	0.63%	0.63%
ADI	D	0.51%	0.37%	0.37%
ADP	B	0.6%	0.45%	0.45%
AMAT	F	0.69%	0.81%	0.69%
AMD	F	1.08%	0.06%	0.06%
AMGN	D	0.75%	1.08%	0.75%
AVGO	D	3.78%	1.26%	1.26%
BIIB	F	0.11%	0.27%	0.11%
CDNS	B	0.39%	0.13%	0.13%
CDW	F	0.12%	0.09%	0.09%
CMCSA	B	0.82%	1.55%	0.82%
CSCO	B	1.15%	2.94%	1.15%
CTSH	B	0.19%	0.18%	0.18%
EA	A	0.21%	0.31%	0.21%
FAST	B	0.23%	0.13%	0.13%
GEHC	F	0.18%	0.27%	0.18%
GILD	C	0.54%	0.99%	0.54%
ILMN	D	0.11%	0.08%	0.08%
INTC	D	0.51%	2.85%	0.51%
ISRG	A	0.93%	0.14%	0.14%
KDP	D	0.21%	0.14%	0.14%
KHC	F	0.19%	0.2%	0.19%
KLAC	D	0.41%	0.21%	0.21%
LIN	D	1.06%	1.12%	1.06%
LRCX	F	0.45%	0.5%	0.45%
MAR	B	0.39%	0.28%	0.28%
MCHP	D	0.16%	0.06%	0.06%
MDLZ	F	0.43%	0.29%	0.29%
META	D	3.69%	1.2%	1.2%
MRVL	B	0.38%	0.13%	0.13%
MSFT	F	5.91%	5.72%	5.72%
MU	D	0.53%	0.95%	0.53%
NFLX	A	1.75%	0.09%	0.09%
NVDA	C	6.68%	1.12%	1.12%
ON	D	0.14%	0.1%	0.1%
ORLY	B	0.35%	0.05%	0.05%
PAYX	C	0.25%	0.11%	0.11%
PEP	F	1.08%	0.28%	0.28%
PYPL	B	0.43%	0.62%	0.43%
QCOM	F	0.88%	1.6%	0.88%
SNPS	B	0.4%	0.08%	0.08%
TMUS	B	1.36%	0.46%	0.46%
TSLA	B	2.98%	0.49%	0.49%
TXN	C	0.91%	0.83%	0.83%

QQA Overweight 56 Positions Relative to RAFE

Symbol	Grade	Weight
AMZN	C	4.08%
COST	B	1.99%
GOOGL	C	1.94%
GOOG	C	1.86%
INTU	C	0.95%
BKNG	A	0.83%
HON	B	0.74%
PANW	C	0.62%
VRTX	F	0.6%
SBUX	A	0.55%
MELI	D	0.47%
CTAS	B	0.43%
REGN	F	0.4%
PDD	F	0.38%
CRWD	B	0.38%
FTNT	C	0.36%
CEG	D	0.35%
CSX	B	0.34%
ADSK	A	0.32%
DASH	A	0.32%
ASML	F	0.31%
ABNB	C	0.29%
ROP	B	0.29%
PCAR	B	0.29%
CHTR	C	0.28%
CPRT	A	0.27%
WDAY	B	0.27%
NXPI	D	0.27%
FANG	D	0.26%
TTD	B	0.26%
AEP	D	0.25%
MNST	C	0.25%
ODFL	B	0.23%
ROST	C	0.23%
BKR	B	0.21%
VRSK	A	0.2%
LULU	C	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%
WBD	C	0.11%
GFS	C	0.11%
MDB	C	0.1%
ARM	D	0.08%
MRNA	F	0.07%
DLTR	F	0.07%
SMCI	F	0.05%

QQA Underweight 193 Positions Relative to RAFE

Symbol	Grade	Weight
JPM	A	-4.09%
C	A	-3.25%
JNJ	D	-3.18%
PG	A	-2.84%
WFC	A	-2.82%
T	A	-2.41%
PFE	D	-2.32%
GM	B	-2.16%
BMY	B	-1.97%
IBM	C	-1.81%
HD	A	-1.77%
VZ	C	-1.69%
MRK	F	-1.69%
ORCL	B	-1.68%
ABBV	D	-1.53%
CI	F	-1.3%
DIS	B	-1.2%
TGT	F	-1.18%
ABT	B	-1.18%
LOW	D	-1.14%
F	C	-1.14%
V	A	-1.09%
MMM	D	-1.07%
GS	A	-0.98%
KO	D	-0.98%
ACN	C	-0.97%
ELV	F	-0.89%
BAC	A	-0.86%
MA	C	-0.79%
HPQ	B	-0.72%
BLK	C	-0.71%
HPE	B	-0.7%
MET	A	-0.7%
LLY	F	-0.67%
AXP	A	-0.63%
DD	D	-0.59%
ALL	A	-0.58%
UNH	C	-0.58%
CRM	B	-0.58%
JCI	C	-0.55%
UPS	C	-0.54%
DE	A	-0.54%
PRU	A	-0.51%
BBY	D	-0.5%
DOW	F	-0.5%
TJX	A	-0.49%
NKE	D	-0.48%
NEM	D	-0.46%
DHR	F	-0.46%
FDX	B	-0.45%
WM	A	-0.44%
IP	B	-0.43%
MCK	B	-0.43%
APD	A	-0.42%
EBAY	D	-0.41%
HUM	C	-0.41%
CVS	D	-0.4%
WDC	D	-0.37%
CARR	D	-0.37%
CBRE	B	-0.37%
CL	D	-0.37%
FIS	C	-0.36%
WELL	A	-0.33%
ADM	D	-0.33%
GIS	D	-0.32%
BDX	F	-0.32%
ITW	B	-0.31%
KMB	D	-0.3%
NTAP	C	-0.29%
CAH	B	-0.29%
FI	A	-0.28%
HIG	B	-0.27%
CCI	D	-0.27%
STT	A	-0.26%
WY	D	-0.26%
ECL	D	-0.26%
EIX	B	-0.25%
PGR	A	-0.25%
AMP	A	-0.25%
SYY	B	-0.24%
EQIX	A	-0.24%
VTR	C	-0.23%
OC	A	-0.22%
MSI	B	-0.21%
LUMN	C	-0.21%
WHR	B	-0.21%
CMI	A	-0.21%
JLL	D	-0.21%
PFG	D	-0.2%
PARA	C	-0.2%
PPG	F	-0.2%
LH	C	-0.19%
JNPR	F	-0.19%
IRM	D	-0.19%
FOXA	B	-0.19%
MOS	F	-0.19%
AMT	D	-0.19%
BK	A	-0.19%
K	A	-0.18%
BAX	D	-0.18%
VFC	C	-0.18%
DVA	B	-0.17%
GWW	B	-0.17%
TPR	B	-0.16%
CF	B	-0.16%
AVB	B	-0.16%
BALL	D	-0.16%
MCO	B	-0.16%
EW	C	-0.16%
EQR	B	-0.16%
PKG	A	-0.15%
ARW	D	-0.15%
DG	F	-0.15%
HLT	A	-0.15%
SHW	A	-0.15%
A	D	-0.15%
AWK	D	-0.14%
OMC	C	-0.14%
KSS	F	-0.14%
ZTS	D	-0.14%
FITB	A	-0.13%
CNC	D	-0.13%
COR	B	-0.13%
DELL	C	-0.13%
OTIS	C	-0.12%
TROW	B	-0.12%
EL	F	-0.12%
SYK	C	-0.12%
IFF	D	-0.12%
HOLX	D	-0.11%
WAT	B	-0.11%
HST	C	-0.11%
TSCO	D	-0.11%
SWK	D	-0.11%
BSX	B	-0.11%
GAP	C	-0.11%
PVH	C	-0.11%
KEYS	A	-0.1%
SPGI	C	-0.1%
LKQ	D	-0.09%
WAB	B	-0.09%
SOLV	C	-0.09%
HCA	F	-0.09%
WBA	F	-0.09%
VTRS	A	-0.09%
AVT	C	-0.09%
SJM	D	-0.09%
USFD	A	-0.09%
TER	D	-0.09%
GPC	D	-0.08%
PLD	D	-0.08%
LNC	B	-0.08%
DOX	D	-0.08%
LEA	D	-0.08%
DXC	B	-0.07%
DGX	A	-0.07%
KIM	A	-0.07%
NDAQ	A	-0.07%
CHD	B	-0.07%
HUN	F	-0.07%
CAG	D	-0.07%
AKAM	D	-0.07%
TSN	B	-0.07%
MAA	B	-0.07%
NTRS	A	-0.07%
NWSA	B	-0.07%
DOV	A	-0.06%
KD	B	-0.06%
HSY	F	-0.06%
HSIC	B	-0.06%
EQH	B	-0.06%
GT	C	-0.06%
ESS	B	-0.05%
MHK	D	-0.05%
XRX	F	-0.05%
HAS	D	-0.05%
CTVA	C	-0.05%
FL	F	-0.05%
CPB	D	-0.05%
ROK	B	-0.05%
AAP	C	-0.04%
OGN	D	-0.04%
WU	D	-0.04%
GEN	B	-0.04%
AGCO	D	-0.04%
NWL	B	-0.04%
FLEX	A	-0.04%
RSG	A	-0.04%
MAN	D	-0.03%
M	D	-0.03%
O	D	-0.02%
ANET	C	-0.02%
HRL	D	-0.01%