QQQE vs. FXL ETF Comparison

Comparison of Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) to First Trust Technology AlphaDEX (FXL)

QQQE

Direxion NASDAQ-100 Equal Weighted Index Shares

QQQE Description

The investment seeks investment results, before fees and expenses, that track the NASDAQ-100Â® 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 IndexÂ® which includes 100 of the largest domestic and international non-financial securities listed on The NASDAQÂ® Stock Market (the "NASDAQÂ®") based on market capitalization. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$89.21

Average Daily Volume

301,006

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

FXL

First Trust Technology AlphaDEX

FXL 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 StrataQuant(R) Technology Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the technology sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$136.18

Average Daily Volume

21,343

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	QQQE	FXL
30 Days	-0.25%	0.03%
60 Days	5.96%	7.87%
90 Days	-0.09%	-1.03%
12 Months	20.60%	22.63%

32 Overlapping Holdings

Symbol	Grade	Weight in QQQE	Weight in FXL	Overlap
AAPL	C	0.98%	0.72%	0.72%
ADBE	F	0.97%	0.63%	0.63%
ADI	C	1.01%	0.32%	0.32%
ADSK	C	1.0%	0.34%	0.34%
AMAT	D	1.05%	1.1%	1.05%
AMD	D	1.04%	0.3%	0.3%
AVGO	C	1.0%	1.73%	1.0%
CDNS	D	0.99%	0.6%	0.6%
CDW	D	0.99%	0.32%	0.32%
CRWD	D	0.94%	1.2%	0.94%
CTSH	C	1.0%	1.83%	1.0%
DASH	B	1.0%	0.84%	0.84%
DDOG	D	0.98%	0.84%	0.84%
GFS	F	1.02%	0.77%	0.77%
GOOGL	C	0.49%	1.47%	0.49%
INTC	D	1.08%	0.9%	0.9%
INTU	F	0.95%	0.66%	0.66%
KLAC	D	1.02%	0.89%	0.89%
LRCX	F	1.06%	0.49%	0.49%
MCHP	F	1.03%	0.57%	0.57%
META	A	1.0%	1.84%	1.0%
MRVL	C	0.95%	0.34%	0.34%
MSFT	C	0.97%	0.93%	0.93%
NVDA	C	1.03%	1.58%	1.03%
ON	F	1.05%	1.77%	1.05%
PANW	D	0.97%	1.3%	0.97%
QCOM	D	0.99%	0.83%	0.83%
ROP	C	0.98%	0.31%	0.31%
SMCI	F	0.91%	0.71%	0.71%
SNPS	F	1.0%	1.15%	1.0%
TXN	C	1.01%	0.34%	0.34%
ZS	F	0.98%	0.59%	0.59%

QQQE Overweight 69 Positions Relative to FXL

Symbol	Grade	Weight
PDD	D	1.34%
MU	D	1.17%
TSLA	B	1.08%
LULU	D	1.05%
NXPI	F	1.04%
ASML	F	1.04%
BKNG	C	1.03%
ARM	C	1.03%
ORLY	A	1.02%
MAR	B	1.02%
EA	D	1.02%
CMCSA	B	1.02%
DLTR	F	1.01%
CSCO	A	1.01%
HON	B	1.01%
MNST	D	1.01%
TTWO	F	1.01%
TMUS	A	1.01%
NFLX	C	1.0%
IDXX	D	1.0%
FAST	C	1.0%
KHC	B	1.0%
CPRT	B	1.0%
SBUX	B	1.0%
ODFL	D	1.0%
PYPL	B	1.0%
ANSS	D	1.0%
LIN	B	1.0%
WBD	D	1.0%
GEHC	B	1.0%
MDLZ	C	0.99%
KDP	C	0.99%
TTD	C	0.99%
MRNA	F	0.99%
EXC	A	0.99%
BKR	B	0.99%
XEL	A	0.99%
CEG	B	0.99%
FTNT	C	0.99%
AZN	D	0.98%
CTAS	C	0.98%
ILMN	C	0.98%
PCAR	D	0.98%
PEP	D	0.98%
VRTX	D	0.98%
GILD	A	0.98%
AEP	B	0.98%
VRSK	D	0.98%
PAYX	A	0.98%
AMZN	C	0.97%
WDAY	D	0.97%
MELI	C	0.97%
ROST	C	0.97%
ISRG	C	0.97%
ADP	A	0.97%
CHTR	D	0.97%
CSX	D	0.97%
TEAM	D	0.97%
CSGP	F	0.96%
CCEP	D	0.96%
BIIB	F	0.96%
COST	C	0.96%
ABNB	D	0.96%
MDB	D	0.95%
DXCM	F	0.94%
AMGN	D	0.94%
FANG	F	0.93%
REGN	D	0.9%
GOOG	C	0.5%

QQQE Underweight 69 Positions Relative to FXL

Symbol	Grade	Weight
APP	B	-2.47%
PLTR	C	-2.41%
GDDY	D	-1.9%
ARW	C	-1.84%
VRT	B	-1.76%
TOST	B	-1.73%
AVT	B	-1.69%
GWRE	A	-1.68%
CNXC	F	-1.68%
HCP	B	-1.67%
SAIC	B	-1.52%
DOX	B	-1.47%
HPE	C	-1.47%
DXC	D	-1.46%
AKAM	D	-1.46%
DELL	D	-1.41%
SNX	C	-1.36%
JBL	D	-1.35%
HPQ	C	-1.32%
PSTG	F	-1.28%
APH	D	-1.28%
APPF	C	-1.26%
NTAP	D	-1.24%
SWKS	F	-1.24%
FFIV	C	-1.2%
DNB	D	-1.17%
PINS	D	-1.15%
SSNC	C	-1.15%
PAYC	D	-1.14%
ORCL	C	-1.12%
NOW	C	-1.11%
IPGP	D	-1.11%
TYL	C	-1.09%
ZM	B	-1.07%
PEGA	C	-1.06%
AMKR	F	-1.05%
MPWR	C	-1.05%
EPAM	F	-1.0%
NTNX	D	-0.98%
OLED	C	-0.95%
KBR	D	-0.94%
ESTC	F	-0.89%
ONTO	C	-0.88%
TER	D	-0.85%
IBM	C	-0.82%
MTCH	C	-0.8%
IAC	C	-0.77%
SMAR	A	-0.76%
CACI	A	-0.75%
MANH	C	-0.74%
DBX	C	-0.72%
CRUS	D	-0.65%
PTC	D	-0.65%
ALGM	F	-0.56%
OKTA	F	-0.53%
CFLT	F	-0.46%
S	D	-0.38%
IT	C	-0.36%
GLW	C	-0.36%
GLOB	D	-0.34%
CRM	C	-0.33%
MSTR	C	-0.33%
NET	D	-0.32%
VRSN	C	-0.32%
LSCC	D	-0.3%
DLB	D	-0.29%
DV	F	-0.28%
HUBS	D	-0.28%
ENTG	D	-0.27%

FXL: Top Represented Industries & Keywords

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