QQQM vs. IETC ETF Comparison

Comparison of Invesco NASDAQ 100 ETF (QQQM) to iShares Evolved U.S. Technology ETF (IETC)

QQQM

Invesco NASDAQ 100 ETF

QQQM Description

The investment seeks to track the investment results (before fees and expenses) of the NASDAQ-100 Index® (the 'underlying index'). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, Nasdaq, Inc. compiles, maintains and calculates the underlying index, which includes securities of 100 of the largest domestic and international nonfinancial companies listed on The Nasdaq Stock Market LLC based on market capitalization. It is non-diversified.

Grade (RS Rating)

Last Trade

$208.07

Average Daily Volume

1,910,240

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

IETC

iShares Evolved U.S. Technology ETF

IETC Description

The investment seeks to provide access to U.S. companies with technology exposure, as classified using a proprietary classification system. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets in U.S. listed common stock of large-, mid- and small-capitalization technology companies. It will hold common stock of those companies that fall into the Technology Evolved Sector which have economic characteristics that have been historically correlated with companies traditionally defined as technology companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$82.63

Average Daily Volume

17,812

Number of Holdings ^*

117

* may have additional holdings in another (foreign) market

Performance

Period	QQQM	IETC
30 Days	4.87%	5.76%
60 Days	12.82%	15.77%
90 Days	13.03%	19.22%
12 Months	36.70%	48.49%

36 Overlapping Holdings

Symbol	Grade	Weight in QQQM	Weight in IETC	Overlap
AAPL	C	8.91%	2.53%	2.53%
ABNB	C	0.39%	0.69%	0.39%
ADBE	D	1.38%	1.12%	1.12%
ADP	A	0.76%	0.06%	0.06%
ADSK	B	0.4%	0.68%	0.4%
AMD	F	1.68%	0.85%	0.85%
AMZN	A	4.96%	7.4%	4.96%
ANSS	B	0.18%	0.39%	0.18%
AVGO	B	5.17%	12.76%	5.17%
CDNS	B	0.45%	1.77%	0.45%
CDW	F	0.19%	0.71%	0.19%
CRWD	B	0.45%	0.31%	0.31%
CSCO	A	1.44%	1.81%	1.44%
CSGP	F	0.2%	0.37%	0.2%
DASH	A	0.38%	0.19%	0.19%
DDOG	B	0.25%	0.16%	0.16%
EA	B	0.25%	0.11%	0.11%
FTNT	B	0.4%	1.07%	0.4%
GOOG	B	2.36%	1.42%	1.42%
GOOGL	B	2.45%	2.32%	2.32%
ILMN	B	0.15%	0.05%	0.05%
INTU	C	1.11%	0.06%	0.06%
KLAC	F	0.59%	0.38%	0.38%
LRCX	F	0.64%	0.18%	0.18%
META	C	5.05%	1.88%	1.88%
MSFT	D	7.96%	7.96%	7.96%
MU	C	0.77%	0.44%	0.44%
NVDA	A	8.65%	8.64%	8.64%
PANW	A	0.76%	0.78%	0.76%
QCOM	C	1.24%	1.48%	1.24%
SNPS	B	0.49%	0.19%	0.19%
TEAM	B	0.2%	0.66%	0.2%
TTD	A	0.35%	0.62%	0.35%
TXN	A	1.22%	0.31%	0.31%
VRSK	B	0.24%	0.6%	0.24%
WDAY	C	0.32%	0.62%	0.32%

QQQM Overweight 65 Positions Relative to IETC

Symbol	Grade	Weight
TSLA	A	3.19%
COST	C	2.56%
NFLX	A	2.08%
TMUS	B	1.72%
PEP	F	1.51%
LIN	D	1.47%
ISRG	B	1.18%
AMGN	D	1.11%
CMCSA	B	1.05%
AMAT	F	0.99%
BKNG	B	0.94%
HON	C	0.87%
VRTX	B	0.8%
ADI	C	0.74%
GILD	A	0.72%
SBUX	C	0.72%
MELI	B	0.68%
REGN	F	0.65%
INTC	C	0.64%
MDLZ	F	0.6%
CTAS	A	0.55%
PYPL	B	0.55%
CEG	C	0.54%
PDD	C	0.54%
MAR	A	0.48%
MRVL	B	0.47%
ORLY	A	0.45%
ASML	F	0.43%
CSX	C	0.42%
NXPI	D	0.41%
ROP	C	0.38%
PCAR	B	0.36%
MNST	B	0.34%
FANG	D	0.34%
AEP	D	0.34%
PAYX	A	0.33%
CPRT	C	0.32%
CHTR	B	0.31%
ROST	F	0.31%
KDP	F	0.3%
AZN	F	0.29%
KHC	F	0.28%
ODFL	A	0.28%
FAST	A	0.28%
MCHP	F	0.27%
EXC	D	0.26%
GEHC	D	0.25%
IDXX	F	0.24%
BKR	B	0.24%
CTSH	B	0.24%
CCEP	D	0.23%
XEL	B	0.23%
LULU	C	0.23%
ON	C	0.2%
DXCM	D	0.19%
SMCI	F	0.18%
TTWO	B	0.18%
ZS	C	0.18%
BIIB	F	0.17%
MRNA	F	0.14%
GFS	D	0.14%
MDB	D	0.13%
WBD	C	0.12%
ARM	C	0.12%
DLTR	F	0.09%

QQQM Underweight 81 Positions Relative to IETC

Symbol	Grade	Weight
ACN	B	-4.34%
CRM	B	-3.52%
ORCL	A	-3.32%
MSI	B	-2.27%
IBM	D	-1.98%
VRSN	C	-1.97%
NOW	A	-1.97%
ICE	D	-1.75%
MANH	C	-1.29%
GPN	C	-0.98%
MA	B	-0.94%
PH	A	-0.91%
MPWR	D	-0.86%
NTAP	C	-0.82%
EQIX	C	-0.77%
SSNC	C	-0.69%
TYL	C	-0.64%
ANET	A	-0.62%
IT	B	-0.61%
ZM	A	-0.56%
PLTR	A	-0.45%
LMT	D	-0.42%
MCO	D	-0.34%
FDS	B	-0.29%
G	B	-0.28%
UBER	C	-0.26%
TTEK	C	-0.26%
BAH	C	-0.25%
MSTR	B	-0.22%
COIN	B	-0.22%
KEYS	A	-0.19%
MMC	D	-0.19%
CACI	B	-0.18%
SQ	B	-0.18%
TRU	C	-0.18%
AKAM	B	-0.17%
BSY	D	-0.17%
PINS	C	-0.16%
SWKS	F	-0.16%
QLYS	B	-0.15%
IQV	D	-0.14%
NSIT	F	-0.13%
MSCI	C	-0.12%
HUBS	B	-0.12%
VEEV	C	-0.11%
IPG	D	-0.11%
TER	F	-0.11%
QRVO	F	-0.1%
IRM	C	-0.1%
NDAQ	B	-0.09%
VRT	A	-0.09%
SLB	D	-0.09%
CBOE	C	-0.07%
SLAB	D	-0.07%
ROK	B	-0.07%
SNAP	C	-0.07%
FBIN	D	-0.07%
CFLT	B	-0.07%
DELL	B	-0.06%
TDY	A	-0.06%
SAIC	B	-0.06%
CPNG	C	-0.06%
BBY	D	-0.06%
JNPR	B	-0.06%
DOCN	D	-0.05%
CPAY	B	-0.05%
MMS	C	-0.05%
LPLA	A	-0.05%
GLW	B	-0.04%
APPN	B	-0.04%
CL	F	-0.04%
DXC	C	-0.04%
XYL	F	-0.03%
ENPH	F	-0.03%
BILL	C	-0.03%
ZI	C	-0.02%
RIVN	F	-0.01%
GDDY	A	-0.01%
ALGN	F	-0.0%
GRAL	D	-0.0%
FTV	D	-0.0%

IETC: Top Represented Industries & Keywords

Industries: Software - Application Business Services Semiconductors Information Technology Services Software - Infrastructure Internet Content & Information Capital Markets Semiconductor Equipment & Materials Communication Equipment Diagnostics & Research Diversified Industrials Financial Data & Stock Exchanges Scientific & Technical Instruments Computer Systems Internet Content & Information Specialty Retail Advertising Agencies Aerospace & Defense Auto Manufacturers Conglomerates