QQQ vs. FTEC ETF Comparison

Comparison of PowerShares QQQ Trust, Series 1 (QQQ) to Fidelity MSCI Information Technology Index ETF (FTEC)

QQQ

PowerShares QQQ Trust, Series 1

QQQ Description

PowerShares Capital Management LLC is passionate about our goal of delivering the highest quality investment management available through one of the more benefit-rich investment vehicles ever created, the exchange-traded fund. PowerShares QQQ, formerly known as "QQQ" or the "NASDAQ-100 Index Tracking Stock", is an exchange-traded fund based on the Nasdaq-100 Index. The Fund will, under most circumstances, consists of all of stocks in the Index. The Index includes 100 of the largest domestic and international non-financial companies listed on the Nasdaq Stock Market based on market capitalization. The Fund and the Index are rebalanced quarterly and reconstituted annually.

Grade (RS Rating)

Last Trade

$505.79

Average Daily Volume

28,967,615

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

FTEC

Fidelity MSCI Information Technology Index ETF

FTEC Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Information Technology Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Information Technology Index, which represents the performance of the information technology sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Information Technology Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$184.90

Average Daily Volume

212,411

Number of Holdings ^*

275

* may have additional holdings in another (foreign) market

Performance

Period	QQQ	FTEC
30 Days	3.57%	4.14%
60 Days	4.71%	7.90%
90 Days	5.52%	7.31%
12 Months	30.56%	36.13%

36 Overlapping Holdings

Symbol	Grade	Weight in QQQ	Weight in FTEC	Overlap
AAPL	C	8.48%	15.03%	8.48%
ADBE	C	1.48%	1.51%	1.48%
ADI	D	0.66%	0.67%	0.66%
ADSK	A	0.42%	0.46%	0.42%
AMAT	F	0.97%	0.98%	0.97%
AMD	F	1.42%	1.39%	1.39%
ANSS	B	0.19%	0.24%	0.19%
AVGO	D	4.98%	4.31%	4.31%
CDNS	B	0.52%	0.55%	0.52%
CDW	F	0.15%	0.19%	0.15%
CRWD	B	0.51%	0.54%	0.51%
CSCO	B	1.47%	1.47%	1.47%
CTSH	B	0.25%	0.3%	0.25%
DDOG	A	0.26%	0.28%	0.26%
FTNT	C	0.46%	0.43%	0.43%
INTC	D	0.68%	0.69%	0.68%
INTU	C	1.24%	1.23%	1.23%
KLAC	D	0.55%	0.57%	0.55%
LRCX	F	0.61%	0.64%	0.61%
MCHP	D	0.22%	0.25%	0.22%
MDB	C	0.14%	0.19%	0.14%
MRVL	B	0.5%	0.54%	0.5%
MSFT	F	7.75%	13.23%	7.75%
MU	D	0.69%	0.7%	0.69%
NVDA	C	8.79%	16.06%	8.79%
NXPI	D	0.36%	0.39%	0.36%
ON	D	0.18%	0.22%	0.18%
PANW	C	0.81%	0.81%	0.81%
QCOM	F	1.15%	1.14%	1.14%
ROP	B	0.38%	0.41%	0.38%
SMCI	F	0.07%	0.07%	0.07%
SNPS	B	0.53%	0.55%	0.53%
TEAM	A	0.25%	0.33%	0.25%
TXN	C	1.19%	1.16%	1.16%
WDAY	B	0.36%	0.41%	0.36%
ZS	C	0.2%	0.17%	0.17%

QQQ Overweight 65 Positions Relative to FTEC

Symbol	Grade	Weight
AMZN	C	5.42%
META	D	4.9%
TSLA	B	3.68%
COST	B	2.58%
GOOGL	C	2.51%
GOOG	C	2.42%
NFLX	A	2.27%
TMUS	B	1.75%
PEP	F	1.43%
LIN	D	1.37%
ISRG	A	1.21%
CMCSA	B	1.06%
BKNG	A	1.05%
AMGN	D	1.0%
HON	B	0.95%
VRTX	F	0.79%
ADP	B	0.78%
GILD	C	0.72%
SBUX	A	0.71%
MELI	D	0.6%
CTAS	B	0.55%
MDLZ	F	0.55%
PYPL	B	0.55%
REGN	F	0.54%
MAR	B	0.5%
PDD	F	0.47%
ORLY	B	0.45%
CSX	B	0.44%
CEG	D	0.44%
DASH	A	0.42%
ASML	F	0.41%
PCAR	B	0.38%
ABNB	C	0.37%
CHTR	C	0.36%
TTD	B	0.36%
MNST	C	0.35%
CPRT	A	0.35%
FANG	D	0.34%
PAYX	C	0.33%
AEP	D	0.31%
FAST	B	0.3%
ROST	C	0.3%
ODFL	B	0.3%
KDP	D	0.29%
BKR	B	0.27%
EA	A	0.27%
VRSK	A	0.26%
LULU	C	0.25%
GEHC	F	0.24%
AZN	D	0.24%
EXC	C	0.24%
XEL	A	0.24%
KHC	F	0.24%
CCEP	C	0.23%
IDXX	F	0.22%
TTWO	A	0.2%
DXCM	D	0.19%
CSGP	D	0.19%
GFS	C	0.15%
BIIB	F	0.15%
WBD	C	0.15%
ILMN	D	0.14%
ARM	D	0.11%
MRNA	F	0.1%
DLTR	F	0.09%

QQQ Underweight 239 Positions Relative to FTEC

Symbol	Grade	Weight
CRM	B	-2.04%
ORCL	B	-1.9%
ACN	C	-1.42%
NOW	A	-1.33%
IBM	C	-1.18%
PLTR	B	-0.81%
ANET	C	-0.66%
APH	A	-0.57%
APP	B	-0.55%
MSI	B	-0.55%
MSTR	C	-0.45%
FICO	B	-0.41%
IT	C	-0.31%
SNOW	C	-0.29%
GLW	B	-0.29%
DELL	C	-0.29%
HUBS	A	-0.28%
HPQ	B	-0.27%
NET	B	-0.23%
HPE	B	-0.23%
TYL	B	-0.22%
GDDY	A	-0.22%
KEYS	A	-0.22%
PTC	A	-0.2%
TDY	B	-0.2%
MPWR	F	-0.2%
ZM	B	-0.2%
ZBRA	B	-0.19%
TWLO	A	-0.19%
NTAP	C	-0.19%
TRMB	B	-0.18%
WDC	D	-0.18%
DOCU	A	-0.18%
NTNX	A	-0.18%
MANH	D	-0.17%
FSLR	F	-0.17%
STX	D	-0.17%
GWRE	A	-0.17%
GEN	B	-0.17%
FFIV	B	-0.16%
EPAM	C	-0.16%
JBL	B	-0.16%
VRSN	F	-0.16%
FLEX	A	-0.16%
COHR	B	-0.16%
BILL	A	-0.15%
DT	C	-0.15%
IOT	A	-0.14%
PSTG	D	-0.14%
ENTG	D	-0.14%
TER	D	-0.14%
SWKS	F	-0.13%
AKAM	D	-0.13%
JNPR	F	-0.13%
CIEN	B	-0.13%
QTWO	A	-0.12%
PCOR	B	-0.12%
GTLB	B	-0.12%
CFLT	B	-0.12%
OKTA	C	-0.12%
LITE	B	-0.12%
IDCC	A	-0.11%
ALTR	B	-0.11%
FN	D	-0.11%
DBX	B	-0.11%
SMAR	A	-0.11%
KD	B	-0.11%
SNX	C	-0.11%
MARA	C	-0.11%
S	B	-0.11%
CVLT	B	-0.11%
CRDO	B	-0.11%
MTSI	B	-0.11%
PATH	C	-0.1%
U	C	-0.1%
OLED	D	-0.1%
AUR	C	-0.1%
WK	B	-0.1%
BDC	B	-0.1%
PLXS	B	-0.1%
MKSI	C	-0.1%
RMBS	C	-0.1%
CGNX	C	-0.1%
BSY	D	-0.1%
BOX	B	-0.1%
BMI	B	-0.1%
VNT	B	-0.1%
LSCC	D	-0.1%
ACIW	B	-0.1%
ITRI	B	-0.1%
CWAN	B	-0.1%
QLYS	C	-0.1%
DLB	B	-0.09%
AVT	C	-0.09%
SITM	B	-0.09%
AEIS	B	-0.09%
PEGA	A	-0.09%
TENB	C	-0.09%
HCP	B	-0.09%
DXC	B	-0.09%
ARW	D	-0.09%
VRNS	D	-0.09%
APPF	B	-0.09%
LFUS	F	-0.09%
SANM	B	-0.09%
NOVT	D	-0.09%
ONTO	D	-0.09%
PI	D	-0.09%
ESTC	C	-0.09%
SPSC	C	-0.09%
CLSK	C	-0.08%
SLAB	D	-0.08%
POWI	D	-0.08%
RIOT	C	-0.08%
BLKB	B	-0.08%
NCNO	B	-0.08%
ENPH	F	-0.08%
ASGN	F	-0.08%
FORM	D	-0.07%
ALRM	C	-0.07%
TDC	D	-0.07%
FRSH	C	-0.07%
PRGS	A	-0.07%
FIVN	C	-0.07%
AI	B	-0.07%
FROG	C	-0.07%
INTA	A	-0.07%
DV	C	-0.07%
MIR	A	-0.07%
NSIT	F	-0.07%
SYNA	C	-0.07%
AGYS	A	-0.07%
SMTC	B	-0.07%
QRVO	F	-0.07%
BL	B	-0.07%
CRUS	D	-0.07%
ALGM	D	-0.06%
ACLS	F	-0.06%
TTMI	B	-0.06%
OSIS	B	-0.06%
PAR	B	-0.06%
KLIC	B	-0.06%
DIOD	D	-0.06%
RPD	C	-0.06%
CXT	B	-0.06%
RNG	B	-0.06%
VERX	B	-0.06%
AMKR	D	-0.06%
ZETA	D	-0.06%
VYX	B	-0.05%
EXTR	B	-0.05%
BRZE	C	-0.05%
ALKT	B	-0.05%
PLUS	F	-0.05%
IPGP	D	-0.05%
YOU	D	-0.05%
DOCN	D	-0.05%
VIAV	B	-0.05%
AMBA	B	-0.05%
RBRK	A	-0.05%
VRNT	C	-0.04%
VECO	F	-0.04%
UCTT	D	-0.04%
PLAB	C	-0.04%
CTS	C	-0.04%
NTCT	C	-0.04%
INFA	D	-0.04%
KN	B	-0.04%
WULF	C	-0.04%
ROG	D	-0.04%
BHE	B	-0.04%
PD	C	-0.04%
CALX	D	-0.04%
VSH	D	-0.04%
SOUN	C	-0.04%
RAMP	C	-0.04%
ICHR	C	-0.03%
ARLO	C	-0.03%
SCSC	B	-0.03%
ENV	B	-0.03%
MXL	C	-0.03%
DGII	B	-0.03%
APPN	B	-0.03%
COHU	C	-0.03%
ASAN	C	-0.03%
ATEN	B	-0.03%
CIFR	B	-0.03%
ZUO	B	-0.03%
NSSC	D	-0.03%
HLIT	D	-0.03%
INFN	C	-0.03%
SPT	C	-0.03%
CEVA	B	-0.02%
OLO	B	-0.02%
SWI	B	-0.02%
NTGR	B	-0.02%
AOSL	C	-0.02%
SEDG	F	-0.02%
DJCO	B	-0.02%
INDI	C	-0.02%
IBUY	A	-0.02%
HCKT	B	-0.02%
BASE	C	-0.02%
NABL	F	-0.02%
BELFB	C	-0.02%
BLND	B	-0.02%
YEXT	A	-0.02%
ACMR	F	-0.02%
CXM	C	-0.02%
APLD	A	-0.02%
CNXN	C	-0.02%
PRO	C	-0.02%
WOLF	F	-0.02%
FSLY	D	-0.02%
PDFS	C	-0.02%
JAMF	F	-0.02%
XRX	F	-0.02%
GDYN	B	-0.02%
AAOI	B	-0.02%
VPG	D	-0.01%
CRSR	C	-0.01%
MEI	D	-0.01%
CLFD	D	-0.01%
LWLG	F	-0.01%
RBBN	C	-0.01%
SEMR	B	-0.01%
ENFN	A	-0.01%
BIGC	C	-0.01%
MITK	C	-0.01%
ETWO	F	-0.01%
WEAV	B	-0.01%
DMRC	C	-0.01%
LASR	D	-0.01%
KE	C	-0.01%
MLNK	B	-0.01%
NNBR	C	-0.01%
DAKT	B	-0.01%
VSAT	F	-0.01%
OSPN	A	-0.01%

FTEC: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Semiconductors Semiconductor Equipment & Materials Communication Equipment Information Technology Services Electronic Components Scientific & Technical Instruments Contract Manufacturers Data Storage Capital Markets Computer Systems Telecom Services Business Services Computer Distribution Computer Hardware Consumer Electronics Diversified Industrials Electronics Distribution Internet Content & Information