QQQE vs. ILDR ETF Comparison

Comparison of Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) to First Trust Innovation Leaders ETF (ILDR)

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

$90.37

Average Daily Volume

302,858

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

ILDR

First Trust Innovation Leaders ETF

ILDR Description

First Trust Innovation Leaders ETF is an exchange-traded fund incorporated in the USA. The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in common stock and depository receipts issued by U.S. and non-U.S. companies that may benefit from the development or application of scientific and technological innovation. The fund’s investments will be concentrated in the information technology sector, and therefore, may be concentrated in one or more industries within the information technology sector. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$24.34

Average Daily Volume

16,183

Number of Holdings ^*

59

* may have additional holdings in another (foreign) market

Performance

Period	QQQE	ILDR
30 Days	2.64%	4.29%
60 Days	3.31%	6.81%
90 Days	2.02%	3.67%
12 Months	22.03%	42.02%

22 Overlapping Holdings

	Symbol	Grade	Weight in QQQE	Weight in ILDR	Overlap
	ABNB	D	0.83%	0.5%	0.5%
	ADBE	F	0.96%	0.96%	0.96%
	AMZN	C	1.0%	5.56%	1.0%
	AVGO	C	0.98%	3.07%	0.98%
	CEG	C	0.93%	3.08%	0.93%
	DDOG	D	0.97%	0.82%	0.82%
	GOOG	D	0.45%	3.79%	0.45%
	ISRG	C	1.13%	1.02%	1.02%
	MDB	D	1.24%	1.27%	1.24%
	META	B	1.1%	3.75%	1.1%
	MRVL	D	1.01%	1.55%	1.01%
	MSFT	C	0.97%	5.47%	0.97%
	MU	D	0.63%	1.12%	0.63%
	NFLX	B	1.02%	1.04%	1.02%
	NVDA	C	0.91%	7.53%	0.91%
	PANW	D	1.04%	1.07%	1.04%
	QCOM	D	0.8%	1.91%	0.8%
	REGN	D	1.09%	1.41%	1.09%
	TTD	B	1.12%	0.76%	0.76%
	VRTX	D	1.02%	1.05%	1.02%
	WDAY	D	1.15%	1.39%	1.15%
	ZS	F	0.95%	0.97%	0.95%

QQQE Overweight 79 Positions Relative to ILDR

	Symbol	Grade	Weight
	MELI	C	1.33%
	FTNT	B	1.29%
	ILMN	D	1.25%
	TSLA	C	1.25%
	SBUX	C	1.22%
	XEL	B	1.22%
	PYPL	B	1.22%
	AEP	C	1.2%
	GILD	B	1.2%
	WBD	D	1.19%
	DASH	B	1.18%
	CHTR	D	1.18%
	EXC	B	1.15%
	CTAS	C	1.15%
	ODFL	D	1.14%
	MDLZ	C	1.14%
	GEHC	B	1.13%
	ADP	C	1.12%
	TMUS	B	1.12%
	CTSH	B	1.11%
	ADSK	B	1.1%
	KDP	B	1.1%
	FAST	C	1.09%
	CCEP	C	1.09%
	AMGN	D	1.09%
	KHC	C	1.08%
	MNST	D	1.08%
	CSCO	B	1.08%
	LIN	B	1.07%
	AAPL	C	1.07%
	PEP	D	1.06%
	ORLY	B	1.06%
	COST	C	1.06%
	PAYX	C	1.06%
	BKR	C	1.06%
	CMCSA	C	1.05%
	CSGP	D	1.05%
	TXN	B	1.04%
	ON	D	1.04%
	IDXX	D	1.04%
	CSX	C	1.03%
	EA	D	1.02%
	ROST	C	1.02%
	BKNG	B	1.02%
	AZN	D	1.01%
	INTU	D	1.01%
	VRSK	D	0.99%
	ROP	C	0.99%
	MAR	B	0.99%
	TEAM	D	0.99%
	TTWO	D	0.98%
	ANSS	D	0.97%
	ADI	C	0.97%
	HON	C	0.95%
	CPRT	D	0.95%
	CDW	D	0.95%
	FANG	F	0.94%
	AMD	C	0.93%
	PCAR	D	0.92%
	KLAC	D	0.9%
	BIIB	F	0.89%
	LULU	D	0.88%
	ARM	C	0.87%
	CDNS	D	0.86%
	NXPI	D	0.86%
	MCHP	D	0.84%
	SNPS	F	0.83%
	AMAT	D	0.8%
	ASML	F	0.77%
	GFS	F	0.77%
	LRCX	D	0.73%
	DLTR	F	0.72%
	CRWD	D	0.71%
	PDD	D	0.69%
	INTC	D	0.68%
	DXCM	F	0.6%
	MRNA	F	0.53%
	GOOGL	D	0.45%
	SMCI	F	0.38%

QQQE Underweight 37 Positions Relative to ILDR

	Symbol	Grade	Weight
	ORCL	B	-5.97%
	UBER	C	-3.4%
	NOW	C	-3.05%
	SHOP	C	-1.64%
	MRK	F	-1.61%
	AVTR	C	-1.44%
	BMRN	F	-1.43%
	TMO	B	-1.4%
	PCTY	D	-1.26%
	V	C	-1.26%
	GTLS	F	-1.16%
	AVAV	C	-1.13%
	ANET	C	-1.13%
	HALO	D	-1.12%
	DT	C	-1.09%
	TOST	C	-1.05%
	FOLD	F	-1.05%
	SQ	D	-1.01%
	LHX	C	-0.96%
	TW	B	-0.96%
	BWXT	A	-0.96%
	SMR	C	-0.95%
	SWTX	F	-0.95%
	RMBS	F	-0.86%
	AKAM	D	-0.83%
	TEL	D	-0.78%
	CYBR	B	-0.75%
	PLTR	C	-0.72%
	ABBV	B	-0.71%
	GTLB	D	-0.64%
	MIRM	D	-0.62%
	REPL	C	-0.55%
	NBIX	F	-0.53%
	RCUS	D	-0.51%
	SGBX	F	-0.48%
	GRAB	B	-0.47%
	LLY	D	-0.45%

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

Keywords: Nasdaq 100 S&P 500 Computing Integrated Circuits Semiconductor Mobile Devices Work From Home Smartphones IBD 50 Software Cloud Computing Dow Jones Component Electronics Fabless Semiconductor Companies Electronic Design Medicine Natural Gas Power Management Cloud Infrastructure Electricity

ILDR: Top Represented Industries & Keywords

Industries: Software - Application Biotechnology Software - Infrastructure Semiconductors Drug Manufacturers - Major Aerospace & Defense Internet Content & Information Metal Fabrication Semiconductor Memory Capital Markets Communication Equipment Computer Systems Credit Services Diagnostics & Research Electronic Components Internet Content & Information Media - Diversified Medical Instruments & Supplies Specialty Chemicals Specialty Industrial Machinery

Keywords: S&P 500 Nasdaq 100 Computing Cloud Computing Cloud Infrastructure IBD 50 Medicine Work From Home Biopharmaceutical Mobile Devices Software Biotechnology Cancer Fabless Semiconductor Companies Software As A Service Autoimmune Disease Business Intelligence Diabetes Dow Jones Component Hyperscale