QQQN vs. SEMI ETF Comparison

Comparison of VictoryShares Nasdaq Next 50 ETF (QQQN) to Columbia Seligman Semiconductor and Technology ETF (SEMI)

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

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SEMI

Columbia Seligman Semiconductor and Technology ETF

SEMI Description

SEMI is designed to provide exposure to the broad information technology sector by focusing on pure-play companies related to the semiconductor industry. The fund actively and generally invests in 30-50 high-conviction semiconductor or semiconductor-related firms, as defined by GICS, including those under communication equipment, electronic equipment, technology hardware, storage and peripherals, and software. Additionally, the fund requires at least 25% of its assets be invested in companies in the semiconductor and semiconductor equipment industry. Security selection is done through extensive in-depth research. SEMI is a non-transparent ETF and does not provide daily disclosure of its portfolio holdings unlike other ETFs. As such, there is a risk that shares of the fund may trade at wider spreads, especially during periods of volatility. The fund instead publishes a trading basket daily, which provides a preview of selected holdings without disclosing the actual portfolio.

Grade (RS Rating)

Last Trade

$25.12

Average Daily Volume

3,081

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QQQN	SEMI
30 Days	3.53%	-3.12%
60 Days	4.80%	-0.05%
90 Days	10.05%	-4.46%
12 Months	35.21%	24.09%

4 Overlapping Holdings

Symbol	Grade	Weight in QQQN	Weight in SEMI	Overlap
MPWR	F	3.59%	3.3%	3.3%
SWKS	F	1.48%	0.21%	0.21%
TER	D	1.98%	1.87%	1.87%
WDC	D	2.23%	0.31%	0.31%

QQQN Overweight 45 Positions Relative to SEMI

Symbol	Grade	Weight
APP	B	4.61%
ALNY	D	3.68%
MSTR	C	3.64%
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%
TCOM	B	2.22%
PTC	A	2.16%
STX	D	2.12%
FSLR	F	2.01%
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%
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 Underweight 24 Positions Relative to SEMI

Symbol	Grade	Weight
NVDA	C	-20.04%
AVGO	D	-15.31%
LRCX	F	-6.17%
TSM	B	-4.9%
ADI	D	-4.54%
AMAT	F	-4.09%
KLAC	D	-3.84%
ASML	F	-3.73%
NXPI	D	-3.7%
QCOM	F	-3.23%
MRVL	B	-3.19%
AMD	F	-2.85%
MCHP	D	-2.77%
MU	D	-2.57%
ON	D	-2.18%
SNPS	B	-1.87%
ARM	D	-1.73%
CDNS	B	-1.47%
TXN	C	-1.01%
INTC	D	-0.49%
GFS	C	-0.4%
QRVO	F	-0.32%
SLAB	D	-0.25%
MKSI	C	-0.22%