QQQE vs. EQWL ETF Comparison
Comparison of Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) to PowerShares Russell Top 200 Equal Weight Portfolio (EQWL)
QQQE
Direxion NASDAQ-100 Equal Weighted Index Shares
QQQE Description
The investment seeks investment results, before fees and expenses, that track the NASDAQ-100® Equal Weighted Index. The fund invests at least 80% of its assets in the equity securities that comprise the index and/or investments that have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is the equal weighted version of the NASDAQ-100 Index® which includes 100 of the largest domestic and international non-financial securities listed on The NASDAQ® Stock Market (the "NASDAQ®") based on market capitalization. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$90.19
Average Daily Volume
292,930
Number of Holdings
*
101
* may have additional holdings in another (foreign) market
EQWL
PowerShares Russell Top 200 Equal Weight Portfolio
EQWL Description
The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the Russell Top 200 Equal Weight Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in the component securities that comprise the underlying index. The underlying index is designed to provide equal-weighted exposure to the securities of the largest 200 companies in the U.S. equity market.Grade (RS Rating)
Last Trade
$102.25
Average Daily Volume
45,684
Number of Holdings
*
101
* may have additional holdings in another (foreign) market
Performance
| Period | QQQE | EQWL |
|---|---|---|
| 30 Days | 3.78% | 3.08% |
| 60 Days | 9.64% | 10.39% |
| 90 Days | 0.18% | 8.09% |
| 12 Months | 23.32% | 35.31% |
31 Overlapping Holdings
| Symbol | Grade | Weight in QQQE | Weight in EQWL | Overlap | |
|---|---|---|---|---|---|
| AAPL | C | 0.98% | 1.0% | 0.98% | |
| ADBE | F | 0.97% | 0.94% | 0.94% | |
| AMD | C | 1.04% | 1.07% | 1.04% | |
| AMGN | D | 0.94% | 0.94% | 0.94% | |
| AMZN | C | 0.97% | 1.0% | 0.97% | |
| AVGO | B | 1.0% | 1.04% | 1.0% | |
| BKNG | B | 1.03% | 1.06% | 1.03% | |
| CHTR | D | 0.97% | 0.91% | 0.91% | |
| CMCSA | B | 1.02% | 1.01% | 1.01% | |
| COST | C | 0.96% | 0.96% | 0.96% | |
| CSCO | A | 1.01% | 1.04% | 1.01% | |
| GILD | A | 0.98% | 0.98% | 0.98% | |
| GOOG | B | 0.5% | 0.46% | 0.46% | |
| GOOGL | B | 0.49% | 0.55% | 0.49% | |
| HON | C | 1.01% | 0.99% | 0.99% | |
| INTC | D | 1.08% | 1.19% | 1.08% | |
| INTU | F | 0.95% | 0.95% | 0.95% | |
| KHC | F | 1.0% | 0.95% | 0.95% | |
| LIN | C | 1.0% | 1.0% | 1.0% | |
| MDLZ | D | 0.99% | 0.96% | 0.96% | |
| META | A | 1.0% | 1.06% | 1.0% | |
| MSFT | D | 0.97% | 0.98% | 0.97% | |
| NFLX | A | 1.0% | 1.0% | 1.0% | |
| NVDA | B | 1.03% | 1.02% | 1.02% | |
| PEP | F | 0.98% | 0.93% | 0.93% | |
| PYPL | A | 1.0% | 1.12% | 1.0% | |
| QCOM | D | 0.99% | 1.0% | 0.99% | |
| SBUX | B | 1.0% | 0.97% | 0.97% | |
| TMUS | A | 1.01% | 0.98% | 0.98% | |
| TSLA | C | 1.08% | 1.08% | 1.08% | |
| TXN | C | 1.01% | 1.02% | 1.01% |
QQQE Overweight 70 Positions Relative to EQWL
| Symbol | Grade | Weight | |
|---|---|---|---|
| PDD | B | 1.34% | |
| MU | D | 1.17% | |
| LRCX | D | 1.06% | |
| LULU | D | 1.05% | |
| AMAT | C | 1.05% | |
| ON | F | 1.05% | |
| NXPI | F | 1.04% | |
| ASML | F | 1.04% | |
| MCHP | F | 1.03% | |
| ARM | C | 1.03% | |
| KLAC | B | 1.02% | |
| ORLY | A | 1.02% | |
| MAR | A | 1.02% | |
| EA | D | 1.02% | |
| GFS | F | 1.02% | |
| DLTR | F | 1.01% | |
| ADI | B | 1.01% | |
| MNST | D | 1.01% | |
| TTWO | D | 1.01% | |
| IDXX | D | 1.0% | |
| FAST | C | 1.0% | |
| CPRT | B | 1.0% | |
| SNPS | F | 1.0% | |
| ODFL | F | 1.0% | |
| ANSS | D | 1.0% | |
| CTSH | B | 1.0% | |
| WBD | F | 1.0% | |
| ADSK | B | 1.0% | |
| DASH | A | 1.0% | |
| GEHC | C | 1.0% | |
| KDP | C | 0.99% | |
| TTD | A | 0.99% | |
| MRNA | F | 0.99% | |
| CDNS | D | 0.99% | |
| EXC | C | 0.99% | |
| BKR | B | 0.99% | |
| CDW | D | 0.99% | |
| XEL | C | 0.99% | |
| CEG | A | 0.99% | |
| FTNT | A | 0.99% | |
| AZN | D | 0.98% | |
| CTAS | C | 0.98% | |
| ILMN | B | 0.98% | |
| PCAR | D | 0.98% | |
| ROP | D | 0.98% | |
| ZS | F | 0.98% | |
| DDOG | B | 0.98% | |
| VRTX | D | 0.98% | |
| AEP | C | 0.98% | |
| VRSK | D | 0.98% | |
| PAYX | B | 0.98% | |
| WDAY | D | 0.97% | |
| MELI | D | 0.97% | |
| ROST | D | 0.97% | |
| ISRG | C | 0.97% | |
| PANW | B | 0.97% | |
| ADP | A | 0.97% | |
| CSX | D | 0.97% | |
| TEAM | D | 0.97% | |
| CSGP | F | 0.96% | |
| CCEP | C | 0.96% | |
| BIIB | F | 0.96% | |
| ABNB | D | 0.96% | |
| MRVL | C | 0.95% | |
| MDB | D | 0.95% | |
| CRWD | D | 0.94% | |
| DXCM | F | 0.94% | |
| FANG | D | 0.93% | |
| SMCI | F | 0.91% | |
| REGN | D | 0.9% |
QQQE Underweight 70 Positions Relative to EQWL
| Symbol | Grade | Weight | |
|---|---|---|---|
| CAT | A | -1.11% | |
| NKE | D | -1.1% | |
| DOW | B | -1.07% | |
| CRM | B | -1.06% | |
| COF | A | -1.04% | |
| MS | A | -1.04% | |
| BLK | A | -1.04% | |
| EMR | B | -1.04% | |
| WFC | B | -1.04% | |
| C | B | -1.04% | |
| MET | A | -1.04% | |
| DIS | D | -1.03% | |
| LOW | C | -1.02% | |
| IBM | A | -1.02% | |
| BK | A | -1.02% | |
| DE | C | -1.02% | |
| HD | A | -1.02% | |
| MMM | C | -1.02% | |
| UPS | D | -1.02% | |
| TGT | C | -1.01% | |
| AXP | A | -1.01% | |
| GE | B | -1.01% | |
| GS | B | -1.01% | |
| ORCL | A | -1.01% | |
| BMY | A | -1.0% | |
| BAC | B | -1.0% | |
| MCD | A | -1.0% | |
| JPM | C | -1.0% | |
| SCHW | D | -1.0% | |
| DHR | D | -0.99% | |
| CVX | B | -0.99% | |
| RTX | A | -0.99% | |
| LMT | A | -0.99% | |
| TMO | D | -0.99% | |
| BRK.A | B | -0.99% | |
| SPG | A | -0.99% | |
| XOM | A | -0.99% | |
| USB | C | -0.99% | |
| CVS | D | -0.99% | |
| ACN | B | -0.99% | |
| F | D | -0.98% | |
| KO | C | -0.98% | |
| AIG | C | -0.98% | |
| T | B | -0.98% | |
| VZ | C | -0.98% | |
| COP | D | -0.97% | |
| GM | D | -0.97% | |
| PFE | D | -0.97% | |
| WMT | A | -0.97% | |
| MDT | C | -0.97% | |
| SO | A | -0.97% | |
| PG | D | -0.97% | |
| MA | A | -0.97% | |
| DUK | C | -0.96% | |
| LLY | D | -0.96% | |
| NEE | C | -0.96% | |
| GD | C | -0.96% | |
| BA | F | -0.96% | |
| ABBV | C | -0.96% | |
| ABT | C | -0.95% | |
| AMT | D | -0.95% | |
| CL | D | -0.95% | |
| JNJ | D | -0.95% | |
| MRK | F | -0.95% | |
| UNP | F | -0.95% | |
| PM | D | -0.94% | |
| MO | D | -0.94% | |
| UNH | B | -0.94% | |
| V | B | -0.92% | |
| FDX | F | -0.91% |
QQQE: 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
EQWL: Top Represented Industries & Keywords
Industries:
Drug Manufacturers - Major
Semiconductors
Credit Services
Aerospace & Defense
Banks - Global
Telecom Services
Auto Manufacturers
Capital Markets
Discount Stores
Diversified Industrials
Internet Content & Information
Software - Application
Utilities - Regulated Electric
Asset Management
Beverages - Soft Drinks
Diagnostics & Research
Farm & Construction Equipment
Health Care Plans
Home Improvement Stores
Household & Personal Products
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