QQQN vs. PXE ETF Comparison

Comparison of VictoryShares Nasdaq Next 50 ETF (QQQN) to PowerShares Dynamic Energy E&P (PXE)

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

$28.23

Average Daily Volume

48,019

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PXE

PowerShares Dynamic Energy E&P

PXE Description

The PowerShares Energy Exploration & Production Portfolio (Fund) is based on the Dynamic Energy Exploration & Production IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index thoroughly evaluates companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is composed of stocks of 30 U.S. companies involved in the exploration and production of natural resources used to produce energy. These companies are engaged principally in exploration, extraction and production of crude oil and natural gas from land-based or offshore wells. These companies include petroleum refineries that process the crude oil into finished products, such as gasoline and automotive lubricants, and companies involved in gathering and processing natural gas, and manufacturing natural gas liquid. The Fund is rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$34.76

Average Daily Volume

48,624

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QQQN	PXE
30 Days	-3.67%	-7.63%
60 Days	-4.42%	6.63%
90 Days	4.18%	14.49%
12 Months	15.80%	44.40%

0 Overlapping Holdings

	Symbol	Grade	Weight in QQQN	Weight in PXE	Overlap

QQQN Overweight 47 Positions Relative to PXE

Symbol	Grade	Weight
SMCI	D	4.1%
MPWR	C	3.73%
TSCO	A	3.35%
EBAY	C	3.05%
ICLR	D	2.88%
WDC	B	2.64%
ALGN	F	2.63%
AXON	A	2.63%
PTC	D	2.45%
STLD	D	2.4%
NTAP	C	2.37%
DKNG	D	2.31%
ENTG	D	2.26%
ULTA	F	2.24%
FSLR	B	2.16%
ALNY	D	2.05%
STX	D	2.04%
HOLX	B	2.02%
VRSN	F	2.01%
EXPE	F	2.01%
CHKP	D	2.0%
TER	A	1.98%
UAL	B	1.96%
JBHT	F	1.9%
SWKS	F	1.89%
ZM	F	1.81%
AKAM	F	1.75%
BSY	B	1.75%
BMRN	F	1.73%
SSNC	C	1.72%
ENPH	F	1.72%
NTNX	C	1.7%
NDSN	C	1.69%
OKTA	D	1.65%
POOL	F	1.61%
VTRS	D	1.56%
BIDU	C	1.54%
SNY	C	1.53%
NBIX	A	1.53%
MANH	F	1.46%
PODD	D	1.32%
INCY	D	1.31%
NWSA	D	1.04%
RIVN	F	0.99%
FOXA	B	0.85%
FOX	B	0.77%
NWS	D	0.54%

QQQN Underweight 29 Positions Relative to PXE

Symbol	Grade	Weight
VLO	C	-5.34%
DVN	B	-5.26%
MPC	D	-5.25%
EOG	B	-5.18%
COP	C	-5.11%
FANG	B	-5.03%
CTRA	A	-4.96%
PSX	D	-4.62%
CRK	C	-3.23%
SM	B	-3.07%
PBF	C	-2.92%
GPOR	C	-2.91%
CNX	B	-2.88%
PR	B	-2.87%
RRC	B	-2.87%
MUR	C	-2.85%
MRO	C	-2.83%
OVV	B	-2.83%
CHK	B	-2.81%
CHRD	B	-2.64%
MTDR	D	-2.64%
NFG	A	-2.61%
DK	F	-2.52%
APA	F	-2.48%
CRC	F	-2.45%
CRGY	F	-2.36%
DINO	F	-2.29%
CVI	F	-2.25%
PARR	F	-2.0%

PXE: Top Represented Industries & Keywords

Industries: Oil & Gas E&P Oil & Gas Refining & Marketing