QQQA vs. QTEC ETF Comparison
Comparison of ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA) to First Trust NASDAQ-100- Technology Index Fund (QTEC)
QQQA
ProShares Nasdaq-100 Dorsey Wright Momentum ETF
QQQA Description
ProShares Trust - ProShares Nasdaq-100 Dorsey Wright Momentum ETF is an exchange traded fund launched and managed by ProShare Advisors LLC. The fund invests in the public equity markets across the globe. It invests in the stocks of companies operating in the non-financial companies. The fund invests in momentum stocks of large cap companies. It replicates the performance of Nasdaq-100 Dorsey Wright Select Index. ProShares Trust - ProShares Nasdaq-100 Dorsey Wright Momentum ETF was formed on May 18, 2021 and is domiciled in the United States.
Grade (RS Rating)
Last Trade
$40.58
Average Daily Volume
3,253
21
QTEC
First Trust NASDAQ-100- Technology Index Fund
QTEC Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ-100 Technology Sector Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is an equal-weighted index based on the securities of the NASDAQ-100 Index(R) that are classified as "technology" according to the Industry Classification Benchmark classification system. The fund is non-diversified.Grade (RS Rating)
Last Trade
$180.06
Average Daily Volume
108,926
41
Performance
| Period | QQQA | QTEC |
|---|---|---|
| 30 Days | -6.36% | -5.57% |
| 60 Days | -7.16% | -7.28% |
| 90 Days | 0.43% | 0.39% |
| 12 Months | 26.48% | 46.48% |
13 Overlapping Holdings
| Symbol | Grade | Weight in QQQA | Weight in QTEC | Overlap | |
|---|---|---|---|---|---|
| AMAT | C | 4.63% | 2.51% | 2.51% | |
| AVGO | C | 4.63% | 2.61% | 2.61% | |
| CDNS | D | 4.74% | 2.51% | 2.51% | |
| CRWD | D | 4.76% | 2.41% | 2.41% | |
| DASH | C | 4.67% | 2.57% | 2.57% | |
| KLAC | B | 4.73% | 2.44% | 2.44% | |
| LRCX | C | 4.61% | 2.51% | 2.51% | |
| META | D | 4.78% | 2.62% | 2.62% | |
| MU | A | 4.53% | 3.08% | 3.08% | |
| NVDA | B | 4.58% | 2.38% | 2.38% | |
| QCOM | B | 4.75% | 2.52% | 2.52% | |
| SNPS | C | 4.7% | 2.47% | 2.47% | |
| WDAY | D | 4.89% | 2.49% | 2.49% |
QQQA Underweight 28 Positions Relative to QTEC
| Symbol | Grade | Weight | |
|---|---|---|---|
| DDOG | B | -2.67% | |
| PDD | A | -2.64% | |
| PANW | A | -2.63% | |
| TEAM | F | -2.63% | |
| ANSS | C | -2.61% | |
| ROP | D | -2.59% | |
| INTU | B | -2.57% | |
| CDW | C | -2.55% | |
| AAPL | F | -2.53% | |
| MSFT | C | -2.53% | |
| MDB | D | -2.52% | |
| ADI | A | -2.51% | |
| FTNT | D | -2.51% | |
| ADBE | F | -2.5% | |
| TXN | A | -2.49% | |
| MRVL | C | -2.48% | |
| MCHP | A | -2.48% | |
| ASML | D | -2.44% | |
| NXPI | B | -2.42% | |
| CTSH | D | -2.38% | |
| GFS | D | -2.35% | |
| ZS | F | -2.32% | |
| ADSK | F | -2.25% | |
| ON | D | -2.13% | |
| INTC | F | -2.12% | |
| AMD | C | -2.05% | |
| GOOGL | A | -1.46% | |
| GOOG | A | -1.46% |
QQQA: Top Represented Industries & Keywords
QTEC: Top Represented Industries & Keywords
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