QQQN vs. BERZ ETF Comparison
Comparison of VictoryShares Nasdaq Next 50 ETF (QQQN) to MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (BERZ)
QQQN
VictoryShares Nasdaq Next 50 ETF
QQQN Description
The investment seeks to provide investment results that track the performance of the Nasdaq Q-50 Index before fees and expenses. The fund seeks to achieve its investment objective by investing at least 80% of its assets in securities in the index. The index is composed of the 50 largest nonfinancial domestic and international companies listed on The Nasdaq Stock Market based on market capitalization after excluding the companies included in the Nasdaq-100 Index.
Grade (RS Rating)
Last Trade
$31.65
Average Daily Volume
6,312
49
BERZ
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN
BERZ Description
BERZ provides daily -3x inverse exposure to an index of FANG and technology companies that meet certain requirements. The fund will consistently comprise eight core components (Alphabet, Amazon, Apple, Facebook, Microsoft, Netflix, NVIDIA, and Tesla) and include seven companies determined through a selection methodology. Eligible securities must be listed on a US exchange, classified in the technology sector, and have a market cap of at least 10 billion USD. Selection will begin with ranking the securities by market cap and selecting the 30 largest companies which will then be sorted by 12-month average daily value traded. The top seven stocks will complete the index along with the eight core components and are then equally weighted. The index is rebalanced monthly and reconstituted quarterly. As a leveraged inverse product with -3x factor that resets daily, BERZ is not a buy-and-hold investment and should not be expected to provide index leverage return greater than a one day period.Grade (RS Rating)
Last Trade
$14.22
Average Daily Volume
104,363
15
Performance
| Period | QQQN | BERZ |
|---|---|---|
| 30 Days | 3.53% | -19.93% |
| 60 Days | 4.80% | -22.76% |
| 90 Days | 10.05% | -27.71% |
| 12 Months | 35.21% | -70.44% |
0 Overlapping Holdings
| Symbol | Grade | Weight in QQQN | Weight in BERZ | Overlap |
|---|
QQQN Overweight 49 Positions Relative to BERZ
| Symbol | Grade | Weight | |
|---|---|---|---|
| APP | B | 4.61% | |
| ALNY | D | 3.68% | |
| MSTR | C | 3.64% | |
| MPWR | F | 3.59% | |
| AXON | A | 3.25% | |
| TSCO | D | 3.07% | |
| EBAY | D | 3.03% | |
| NTAP | C | 2.37% | |
| UAL | A | 2.36% | |
| CHKP | D | 2.26% | |
| ICLR | D | 2.26% | |
| WDC | D | 2.23% | |
| TCOM | B | 2.22% | |
| PTC | A | 2.16% | |
| STX | D | 2.12% | |
| FSLR | F | 2.01% | |
| TER | D | 1.98% | |
| STLD | B | 1.94% | |
| EXPE | B | 1.92% | |
| ZM | B | 1.86% | |
| ZBRA | B | 1.86% | |
| HOLX | D | 1.84% | |
| SSNC | B | 1.81% | |
| ARGX | A | 1.77% | |
| VRSN | F | 1.77% | |
| JBHT | C | 1.74% | |
| DKNG | B | 1.73% | |
| ULTA | F | 1.68% | |
| GEN | B | 1.61% | |
| MANH | D | 1.61% | |
| LNT | A | 1.55% | |
| ENTG | D | 1.52% | |
| AKAM | D | 1.52% | |
| UTHR | C | 1.52% | |
| ALGN | D | 1.51% | |
| SNY | F | 1.51% | |
| SWKS | F | 1.48% | |
| NTNX | A | 1.45% | |
| NTRA | B | 1.43% | |
| NDSN | B | 1.39% | |
| BSY | D | 1.39% | |
| CPB | D | 1.37% | |
| BMRN | D | 1.3% | |
| BNTX | D | 1.06% | |
| ENPH | F | 1.04% | |
| NWSA | B | 0.95% | |
| FOXA | B | 0.92% | |
| FOX | A | 0.88% | |
| NWS | B | 0.51% |
QQQN: Top Represented Industries & Keywords
BERZ: Top Represented Industries & Keywords
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