QQA vs. REW ETF Comparison

Comparison of Invesco QQQ Income Advantage ETF (QQA) to ProShares UltraShort Technology (REW)

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

$50.00

Average Daily Volume

11,446

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

REW

ProShares UltraShort Technology

REW Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. TechnologySM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index measures the performance of the technology sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$10.27

Average Daily Volume

16,108

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QQA	REW
30 Days	2.32%	-2.64%
60 Days	4.31%	-5.08%
90 Days	6.22%	-9.79%
12 Months		-39.54%

32 Overlapping Holdings

Symbol	Grade	Weight in QQA	Weight in REW	Overlap
AAPL	B	6.56%	18.06%	6.56%
ADBE	C	1.11%	2.51%	1.11%
ADI	D	0.51%	0.65%	0.51%
ADSK	B	0.32%	0.63%	0.32%
AMAT	F	0.69%	0.86%	0.69%
AMD	F	1.08%	0.84%	0.84%
ANSS	B	0.14%	0.34%	0.14%
AVGO	D	3.78%	1.82%	1.82%
CDNS	B	0.39%	0.31%	0.31%
CDW	F	0.12%	0.29%	0.12%
CSCO	A	1.15%	3.09%	1.15%
CTSH	B	0.19%	0.51%	0.19%
FTNT	C	0.36%	0.25%	0.25%
GOOG	C	1.86%	5.24%	1.86%
GOOGL	C	1.94%	5.25%	1.94%
INTC	C	0.51%	3.85%	0.51%
INTU	C	0.95%	1.09%	0.95%
KLAC	F	0.41%	0.42%	0.41%
LRCX	F	0.45%	0.66%	0.45%
MCHP	F	0.16%	0.39%	0.16%
META	D	3.69%	4.46%	3.69%
MRVL	B	0.38%	0.28%	0.28%
MSFT	D	5.91%	17.29%	5.91%
MU	D	0.53%	0.95%	0.53%
NVDA	C	6.68%	2.26%	2.26%
ON	C	0.14%	0.15%	0.14%
PANW	C	0.62%	0.35%	0.35%
QCOM	F	0.88%	1.63%	0.88%
SNPS	B	0.4%	0.34%	0.34%
TTD	B	0.26%	0.17%	0.17%
TXN	D	0.91%	1.83%	0.91%
WDAY	C	0.27%	0.44%	0.27%

QQA Overweight 69 Positions Relative to REW

Symbol	Grade	Weight
AMZN	C	4.08%
TSLA	B	2.98%
COST	B	1.99%
NFLX	B	1.75%
TMUS	A	1.36%
PEP	F	1.08%
LIN	D	1.06%
ISRG	C	0.93%
BKNG	B	0.83%
CMCSA	C	0.82%
AMGN	D	0.75%
HON	B	0.74%
VRTX	D	0.6%
ADP	B	0.6%
SBUX	B	0.55%
GILD	B	0.54%
MELI	C	0.47%
MDLZ	F	0.43%
CTAS	B	0.43%
PYPL	A	0.43%
REGN	F	0.4%
MAR	A	0.39%
PDD	F	0.38%
CRWD	B	0.38%
CEG	D	0.35%
ORLY	B	0.35%
CSX	B	0.34%
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%
NXPI	D	0.27%
FANG	F	0.26%
AEP	D	0.25%
MNST	B	0.25%
PAYX	B	0.25%
FAST	B	0.23%
ODFL	B	0.23%
ROST	C	0.23%
EA	C	0.21%
BKR	C	0.21%
KDP	D	0.21%
VRSK	A	0.2%
LULU	C	0.19%
KHC	D	0.19%
XEL	A	0.19%
DDOG	A	0.19%
EXC	D	0.19%
TEAM	B	0.19%
AZN	F	0.18%
GEHC	F	0.18%
IDXX	F	0.17%
CCEP	B	0.17%
ZS	C	0.15%
DXCM	C	0.15%
TTWO	B	0.15%
CSGP	C	0.14%
ILMN	C	0.11%
WBD	C	0.11%
GFS	C	0.11%
BIIB	F	0.11%
MDB	C	0.1%
ARM	D	0.08%
MRNA	F	0.07%
DLTR	D	0.07%
SMCI	D	0.05%

QQA Underweight 56 Positions Relative to REW

Symbol	Grade	Weight
CRM	B	-2.4%
IBM	C	-1.82%
ORCL	C	-1.77%
NOW	B	-0.87%
HPQ	B	-0.48%
MSI	C	-0.45%
EBAY	C	-0.41%
VRSN	F	-0.33%
SWKS	F	-0.31%
IAC	D	-0.3%
WDC	C	-0.3%
VEEV	B	-0.29%
HPE	B	-0.29%
AKAM	F	-0.23%
PAYC	A	-0.22%
TWLO	B	-0.22%
SNAP	C	-0.22%
SSNC	A	-0.21%
STX	D	-0.21%
OKTA	C	-0.21%
NTAP	C	-0.21%
GRMN	A	-0.21%
IT	C	-0.21%
RNG	B	-0.21%
QRVO	F	-0.2%
LDOS	D	-0.2%
LUMN	C	-0.2%
GDDY	B	-0.19%
EPAM	C	-0.19%
ANET	C	-0.18%
TYL	A	-0.18%
BAH	F	-0.17%
FICO	B	-0.17%
TER	F	-0.17%
DOX	D	-0.15%
DXC	B	-0.14%
GWRE	B	-0.14%
AZPN	A	-0.14%
OLED	F	-0.13%
DOCU	A	-0.13%
DELL	C	-0.12%
JNPR	F	-0.12%
FFIV	A	-0.12%
PTC	A	-0.12%
HUBS	B	-0.11%
DAY	A	-0.11%
MPWR	F	-0.11%
ENTG	D	-0.11%
CIEN	B	-0.1%
CACI	D	-0.1%
XRX	F	-0.1%
LITE	B	-0.09%
SNX	C	-0.09%
Z	B	-0.09%
ETSY	D	-0.09%
MKSI	C	-0.09%