QQA vs. SPMV ETF Comparison
Comparison of Invesco QQQ Income Advantage ETF (QQA) to Invesco S&P 500 Minimum Variance ETF (SPMV)
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
SPMV
Invesco S&P 500 Minimum Variance ETF
SPMV Description
The investment seeks to track the investment results (before fees and expenses) of the S&P 500® Minimum Volatility Index (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is designed to measure the performance of a subset of constituent securities of the S&P 500 Index using a managed volatility equity strategy that seeks to achieve lower total volatility than the S&P 500 ® Index, while maintaining other similar characteristics of the S&P 500 ® Index.Grade (RS Rating)
Last Trade
$47.62
Average Daily Volume
711
Number of Holdings
*
75
* may have additional holdings in another (foreign) market
Performance
| Period | QQA | SPMV |
|---|---|---|
| 30 Days | 4.30% | 1.14% |
| 60 Days | 5.68% | 2.01% |
| 90 Days | 6.30% | 4.46% |
| 12 Months | 26.03% |
23 Overlapping Holdings
| Symbol | Grade | Weight in QQA | Weight in SPMV | Overlap | |
|---|---|---|---|---|---|
| AAPL | C | 6.56% | 2.9% | 2.9% | |
| ADBE | C | 1.11% | 2.1% | 1.11% | |
| AEP | D | 0.25% | 0.91% | 0.25% | |
| AMGN | D | 0.75% | 0.32% | 0.32% | |
| AMZN | C | 4.08% | 3.25% | 3.25% | |
| AVGO | D | 3.78% | 2.12% | 2.12% | |
| BIIB | F | 0.11% | 0.31% | 0.11% | |
| CSCO | B | 1.15% | 3.34% | 1.15% | |
| GILD | C | 0.54% | 0.09% | 0.09% | |
| GOOG | C | 1.86% | 0.58% | 0.58% | |
| IDXX | F | 0.17% | 0.37% | 0.17% | |
| INTU | C | 0.95% | 0.75% | 0.75% | |
| KHC | F | 0.19% | 0.29% | 0.19% | |
| MDLZ | F | 0.43% | 2.5% | 0.43% | |
| META | D | 3.69% | 0.33% | 0.33% | |
| MSFT | F | 5.91% | 2.85% | 2.85% | |
| NVDA | C | 6.68% | 3.54% | 3.54% | |
| QCOM | F | 0.88% | 2.79% | 0.88% | |
| REGN | F | 0.4% | 1.13% | 0.4% | |
| TMUS | B | 1.36% | 3.38% | 1.36% | |
| VRSK | A | 0.2% | 1.69% | 0.2% | |
| VRTX | F | 0.6% | 2.42% | 0.6% | |
| XEL | A | 0.19% | 0.19% | 0.19% |
QQA Overweight 78 Positions Relative to SPMV
| Symbol | Grade | Weight | |
|---|---|---|---|
| TSLA | B | 2.98% | |
| COST | B | 1.99% | |
| GOOGL | C | 1.94% | |
| NFLX | A | 1.75% | |
| PEP | F | 1.08% | |
| AMD | F | 1.08% | |
| LIN | D | 1.06% | |
| ISRG | A | 0.93% | |
| TXN | C | 0.91% | |
| BKNG | A | 0.83% | |
| CMCSA | B | 0.82% | |
| HON | B | 0.74% | |
| AMAT | F | 0.69% | |
| PANW | C | 0.62% | |
| ADP | B | 0.6% | |
| SBUX | A | 0.55% | |
| MU | D | 0.53% | |
| ADI | D | 0.51% | |
| INTC | D | 0.51% | |
| MELI | D | 0.47% | |
| LRCX | F | 0.45% | |
| CTAS | B | 0.43% | |
| PYPL | B | 0.43% | |
| KLAC | D | 0.41% | |
| SNPS | B | 0.4% | |
| MAR | B | 0.39% | |
| CDNS | B | 0.39% | |
| PDD | F | 0.38% | |
| MRVL | B | 0.38% | |
| CRWD | B | 0.38% | |
| FTNT | C | 0.36% | |
| CEG | D | 0.35% | |
| ORLY | B | 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% | |
| MNST | C | 0.25% | |
| PAYX | C | 0.25% | |
| FAST | B | 0.23% | |
| ODFL | B | 0.23% | |
| ROST | C | 0.23% | |
| EA | A | 0.21% | |
| BKR | B | 0.21% | |
| KDP | D | 0.21% | |
| LULU | C | 0.19% | |
| CTSH | B | 0.19% | |
| DDOG | A | 0.19% | |
| EXC | C | 0.19% | |
| TEAM | A | 0.19% | |
| AZN | D | 0.18% | |
| GEHC | F | 0.18% | |
| CCEP | C | 0.17% | |
| MCHP | D | 0.16% | |
| ZS | C | 0.15% | |
| DXCM | D | 0.15% | |
| TTWO | A | 0.15% | |
| ON | D | 0.14% | |
| CSGP | D | 0.14% | |
| ANSS | B | 0.14% | |
| CDW | F | 0.12% | |
| ILMN | D | 0.11% | |
| 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 52 Positions Relative to SPMV
| Symbol | Grade | Weight | |
|---|---|---|---|
| GEV | B | -3.53% | |
| AON | A | -3.09% | |
| BRK.A | B | -2.92% | |
| ABT | B | -2.79% | |
| MMC | B | -2.74% | |
| PG | A | -2.72% | |
| AJG | B | -2.63% | |
| CB | C | -2.58% | |
| MRK | F | -2.43% | |
| HD | A | -2.22% | |
| ORCL | B | -2.17% | |
| NOW | A | -1.76% | |
| AMT | D | -1.76% | |
| ZTS | D | -1.64% | |
| CRM | B | -1.63% | |
| PGR | A | -1.61% | |
| NEE | D | -1.59% | |
| GIS | D | -1.49% | |
| SRE | A | -1.49% | |
| DUK | C | -1.3% | |
| JNJ | D | -1.18% | |
| HSY | F | -1.05% | |
| PFE | D | -1.02% | |
| TRV | B | -0.98% | |
| AEE | A | -0.97% | |
| TDY | B | -0.94% | |
| VZ | C | -0.93% | |
| BRO | B | -0.81% | |
| MKC | D | -0.75% | |
| CCI | D | -0.7% | |
| XOM | B | -0.68% | |
| LLY | F | -0.67% | |
| RTX | C | -0.65% | |
| JPM | A | -0.61% | |
| RSG | A | -0.54% | |
| IBM | C | -0.53% | |
| TJX | A | -0.5% | |
| SO | D | -0.47% | |
| ELV | F | -0.46% | |
| NEM | D | -0.44% | |
| TSN | B | -0.42% | |
| HRL | D | -0.38% | |
| ACN | C | -0.31% | |
| T | A | -0.28% | |
| ADM | D | -0.25% | |
| AIG | B | -0.25% | |
| PCG | A | -0.24% | |
| ACGL | D | -0.23% | |
| CVS | D | -0.22% | |
| TRMB | B | -0.1% | |
| GD | F | -0.06% | |
| BA | F | -0.04% |
QQA: Top Represented Industries & Keywords
Industries:
Semiconductors
Software - Application
Beverages - Soft Drinks
Business Services
Drug Manufacturers - Major
Semiconductor Equipment & Materials
Specialty Retail
Biotechnology
Diagnostics & Research
Internet Content & Information
Software - Infrastructure
Apparel Stores
Discount Stores
Diversified Industrials
Electronic Gaming & Multimedia
Information Technology Services
Internet Content & Information
Pay TV
Utilities - Regulated Electric
Auto & Truck Dealerships
Keywords:
Nasdaq 100
S&P 500
Computing
Integrated Circuits
Semiconductor
Mobile Devices
Work From Home
Smartphones
Dow Jones Component
Software
Cloud Computing
Electronics
Fabless Semiconductor Companies
Electronic Design
Medicine
Natural Gas
Power Management
Cloud Infrastructure
Electricity
Ethernet
SPMV: Top Represented Industries & Keywords
Industries:
Drug Manufacturers - Major
Utilities - Regulated Electric
Insurance Brokers
Packaged Foods
Software - Application
Telecom Services
Aerospace & Defense
Insurance - Diversified
Insurance - Property & Casualty
Semiconductors
Biotechnology
Confectioners
Farm Products
Health Care Plans
Information Technology Services
Internet Content & Information
Scientific & Technical Instruments
Software - Infrastructure
Apparel Stores
Banks - Global
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