QQQS vs. FESM ETF Comparison

Comparison of Invesco NASDAQ Future Gen 200 ETF (QQQS) to Fidelity Enhanced Small Cap ETF (FESM)

QQQS

Invesco NASDAQ Future Gen 200 ETF

QQQS Description

The fund generally will invest at least 90% of its total assets in the securities that comprise the index. The index excludes securities of issuers included in the Nasdaq-100 Index® (an index that measures the performance of 100 of the largest Nasdaq-listed non-financial companies by market capitalization) and the Nasdaq Next Generation 100 Index® (an index that measures the performance of the 100 largest Nasdaq-listed companies outside of the NASDAQ-100 Index® based on market capitalization). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.63

Average Daily Volume

1,747

Number of Holdings ^*

190

* may have additional holdings in another (foreign) market

FESM

Fidelity Enhanced Small Cap ETF

FESM Description

The fund will normally invest at least 80% of assets in common stocks included in the Russell 2000® Index, which is a market capitalization-weighted index designed to measure the performance of the small-cap segment of the U.S. equity market. The adviser will generally use computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the index. It will invest in domestic and foreign issuers.

Grade (RS Rating)

Last Trade

$34.59

Average Daily Volume

115,536

Number of Holdings ^*

562

* may have additional holdings in another (foreign) market

Performance

Period	QQQS	FESM
30 Days	1.13%	7.42%
60 Days	2.35%	7.32%
90 Days	1.63%	8.30%
12 Months	25.80%	39.28%

72 Overlapping Holdings

Symbol	Grade	Weight in QQQS	Weight in FESM	Overlap
ABUS	D	0.46%	0.02%	0.02%
ADAP	F	0.3%	0.01%	0.01%
ADPT	C	0.61%	0.09%	0.09%
AGIO	C	0.62%	0.14%	0.14%
AKBA	C	0.61%	0.08%	0.08%
ALEC	F	0.51%	0.02%	0.02%
ALKS	C	0.5%	0.21%	0.21%
ALT	C	0.69%	0.02%	0.02%
AMSC	B	0.87%	0.12%	0.12%
ANGO	C	0.46%	0.02%	0.02%
ANIK	D	0.32%	0.03%	0.03%
AOSL	C	0.31%	0.04%	0.04%
ARAY	C	0.42%	0.08%	0.08%
ARWR	D	0.44%	0.05%	0.05%
ATRC	C	0.68%	0.13%	0.13%
ATRO	D	0.36%	0.05%	0.05%
AXGN	C	0.49%	0.21%	0.21%
BAND	B	0.54%	0.36%	0.36%
BCRX	D	0.44%	0.1%	0.1%
BVS	D	0.57%	0.18%	0.18%
CDXS	B	0.67%	0.06%	0.06%
CERS	D	0.4%	0.06%	0.06%
CHRS	D	0.29%	0.01%	0.01%
COMM	D	0.59%	0.22%	0.22%
CORT	B	0.79%	0.23%	0.23%
CTMX	F	0.43%	0.02%	0.02%
CVLT	B	0.53%	0.77%	0.53%
EDIT	F	0.4%	0.03%	0.03%
EGHT	B	0.74%	0.29%	0.29%
ENTA	F	0.4%	0.03%	0.03%
EXTR	C	0.51%	0.13%	0.13%
FATE	F	0.31%	0.03%	0.03%
FGEN	D	0.51%	0.01%	0.01%
FOLD	F	0.44%	0.14%	0.14%
FSTR	B	0.56%	0.02%	0.02%
GT	C	0.52%	0.39%	0.39%
HRTX	F	0.32%	0.04%	0.04%
IART	C	0.59%	0.06%	0.06%
IRWD	F	0.42%	0.07%	0.07%
ITRI	C	0.58%	0.47%	0.47%
KALV	F	0.39%	0.04%	0.04%
KE	C	0.52%	0.07%	0.07%
KOD	B	0.98%	0.07%	0.07%
KPTI	D	0.57%	0.02%	0.02%
LGND	C	0.55%	0.09%	0.09%
LIVN	F	0.51%	0.07%	0.07%
LYTS	B	0.63%	0.11%	0.11%
MDXG	B	0.53%	0.02%	0.02%
MGNX	F	0.56%	0.04%	0.04%
MMSI	A	0.52%	0.4%	0.4%
MRSN	D	0.67%	0.02%	0.02%
MXL	C	0.5%	0.48%	0.48%
NKTR	F	0.5%	0.02%	0.02%
PACB	F	0.78%	0.08%	0.08%
PAHC	C	0.58%	0.05%	0.05%
PCRX	C	0.52%	0.08%	0.08%
PTCT	B	0.61%	0.17%	0.17%
RMBS	B	0.6%	0.19%	0.19%
RVNC	F	0.3%	0.06%	0.06%
SAGE	F	0.33%	0.05%	0.05%
SGMO	C	1.55%	0.08%	0.08%
SMTC	B	0.54%	0.19%	0.19%
SNBR	F	0.45%	0.05%	0.05%
STRO	F	0.43%	0.05%	0.05%
SUPN	C	0.52%	0.02%	0.02%
TCMD	B	0.56%	0.08%	0.08%
TILE	B	0.66%	0.22%	0.22%
VNDA	C	0.49%	0.05%	0.05%
VREX	B	0.55%	0.29%	0.29%
VYGR	F	0.5%	0.04%	0.04%
XNCR	B	0.66%	0.02%	0.02%
XRX	F	0.37%	0.18%	0.18%

QQQS Overweight 118 Positions Relative to FESM

Symbol	Grade	Weight
AAOI	B	1.22%
ATOM	B	1.07%
CDXC	B	1.02%
GEVO	D	1.01%
IHRT	B	0.74%
FARO	C	0.74%
LITE	B	0.73%
NTGR	B	0.72%
MASI	B	0.67%
IDCC	B	0.66%
LOVE	A	0.66%
ATEC	C	0.65%
NWL	C	0.63%
SATS	D	0.6%
HELE	C	0.6%
SSYS	B	0.59%
ERII	D	0.58%
VIAV	C	0.58%
RBBN	C	0.58%
BELFB	C	0.57%
AEYE	C	0.57%
SONO	C	0.56%
QURE	C	0.56%
MNKD	C	0.55%
DMRC	B	0.55%
MCFT	C	0.55%
IPGP	D	0.55%
DBX	B	0.54%
CNDT	C	0.54%
IGMS	F	0.54%
GPRO	F	0.54%
BCYC	F	0.53%
KLIC	B	0.53%
OMCL	C	0.53%
AQST	D	0.53%
OFIX	C	0.53%
AVAV	C	0.52%
AEIS	C	0.52%
ICUI	D	0.52%
TBPH	B	0.52%
CGNX	D	0.51%
INVA	D	0.51%
MVIS	F	0.51%
INFN	D	0.51%
IOSP	C	0.51%
NTCT	C	0.51%
HEAR	D	0.5%
OMER	A	0.49%
GOGO	C	0.49%
RDWR	B	0.49%
SFIX	B	0.49%
MITK	C	0.49%
OSIS	A	0.49%
IQ	F	0.49%
JOUT	F	0.47%
GNTX	C	0.47%
SRDX	B	0.47%
IRBT	F	0.46%
SYNA	C	0.46%
ACIU	D	0.46%
MKSI	C	0.46%
GTX	C	0.46%
PLSE	C	0.46%
POWI	F	0.46%
CSIQ	F	0.46%
MATW	C	0.46%
OPK	C	0.46%
OSUR	F	0.45%
PDSB	F	0.45%
AZTA	D	0.45%
HIMX	F	0.45%
LASR	D	0.45%
TTEC	F	0.45%
LFUS	D	0.45%
SIBN	F	0.45%
NVCR	C	0.44%
IMMR	C	0.44%
MDWD	D	0.44%
DCTH	B	0.43%
AMRN	F	0.43%
SLAB	F	0.43%
OLED	F	0.43%
THRM	F	0.42%
XFOR	F	0.41%
INGN	C	0.41%
AUTL	F	0.41%
ALDX	D	0.4%
MCRB	F	0.4%
VXRT	F	0.4%
MLKN	F	0.4%
AMKR	D	0.39%
SIMO	D	0.39%
PRTA	F	0.38%
SIGA	F	0.38%
VECO	F	0.38%
AEHR	F	0.38%
VRNT	C	0.38%
IONS	F	0.38%
AXTI	F	0.37%
ACLS	F	0.37%
QRTEA	F	0.37%
SCPH	F	0.37%
PRPL	F	0.35%
CRUS	D	0.35%
BLUE	F	0.34%
XRAY	F	0.34%
LTRX	F	0.34%
BOOM	F	0.34%
LXRX	F	0.33%
DOOO	F	0.32%
LUNA	F	0.32%
TXG	F	0.32%
OPTN	F	0.28%
VSAT	F	0.26%
AVNW	F	0.25%
TPIC	F	0.25%
SEDG	F	0.24%
SCLX	F	0.02%

QQQS Underweight 490 Positions Relative to FESM

Symbol	Grade	Weight
SFM	A	-0.97%
LUMN	C	-0.86%
CRS	B	-0.81%
QTWO	A	-0.8%
ANF	F	-0.74%
FN	C	-0.74%
SPSC	D	-0.72%
SKYW	C	-0.69%
BGC	C	-0.66%
PAYO	A	-0.65%
JXN	C	-0.64%
ENS	F	-0.61%
MWA	B	-0.6%
MHO	D	-0.59%
CSGS	B	-0.59%
YELP	C	-0.58%
CRGY	B	-0.58%
COMP	B	-0.58%
IBP	D	-0.57%
NWBI	B	-0.57%
QLYS	B	-0.56%
MTX	B	-0.56%
EME	A	-0.55%
CVNA	B	-0.55%
FIX	A	-0.55%
EXLS	B	-0.54%
PRG	C	-0.54%
HWKN	B	-0.53%
OUT	A	-0.53%
LKFN	C	-0.52%
FUL	F	-0.52%
WT	A	-0.51%
MTDR	B	-0.51%
VMEO	B	-0.51%
LMND	B	-0.51%
FHI	B	-0.5%
AEO	F	-0.5%
UPBD	B	-0.5%
FLR	B	-0.5%
AIR	B	-0.49%
IGT	F	-0.49%
AIT	B	-0.47%
TMHC	C	-0.47%
REZI	A	-0.46%
LANC	C	-0.45%
SIGI	C	-0.44%
CODI	B	-0.44%
BANF	B	-0.43%
INSM	C	-0.42%
BHE	C	-0.41%
BMI	B	-0.4%
WTS	B	-0.39%
CMPR	D	-0.39%
AROC	A	-0.39%
SANM	B	-0.39%
APOG	C	-0.38%
ACA	A	-0.37%
UCTT	D	-0.37%
CBU	B	-0.37%
AAT	B	-0.36%
CRDO	B	-0.36%
ABCB	B	-0.36%
PCVX	D	-0.36%
TENB	C	-0.36%
GH	B	-0.35%
CNMD	C	-0.35%
CECO	B	-0.35%
FFIN	B	-0.35%
VICR	C	-0.35%
UMBF	B	-0.34%
TPH	D	-0.34%
TEX	F	-0.34%
PECO	A	-0.34%
ESRT	C	-0.34%
BBSI	B	-0.33%
GNW	A	-0.33%
NMIH	C	-0.33%
YOU	D	-0.32%
SF	B	-0.32%
SXT	C	-0.32%
ATI	C	-0.32%
ABM	B	-0.32%
MATX	C	-0.32%
STEP	C	-0.32%
COKE	C	-0.32%
PFS	B	-0.31%
EQC	B	-0.31%
SWX	B	-0.31%
KAR	B	-0.31%
KTOS	B	-0.31%
NJR	A	-0.3%
MTH	D	-0.3%
AWR	B	-0.3%
WOOF	D	-0.3%
GFF	A	-0.3%
AX	B	-0.29%
PHR	F	-0.29%
BDC	C	-0.29%
TRNO	F	-0.28%
LNW	F	-0.28%
SXC	A	-0.28%
WK	B	-0.28%
YEXT	B	-0.28%
FBP	C	-0.28%
CNO	B	-0.27%
RVMD	C	-0.26%
PRGS	A	-0.26%
TRN	B	-0.26%
CEIX	A	-0.25%
PLPC	B	-0.25%
CDP	C	-0.25%
HP	C	-0.25%
MOG.A	B	-0.25%
SNEX	B	-0.25%
HQY	A	-0.24%
PDFS	C	-0.24%
BCO	F	-0.24%
PSN	D	-0.24%
NBR	C	-0.24%
SHAK	C	-0.23%
PLXS	B	-0.23%
EPAC	C	-0.23%
EZPW	B	-0.23%
CPF	B	-0.23%
BUSE	B	-0.23%
MRTN	D	-0.23%
HLX	B	-0.23%
RNST	B	-0.22%
PLAB	C	-0.22%
CRC	A	-0.22%
CALM	A	-0.22%
HWC	B	-0.22%
CRAI	C	-0.22%
GEO	B	-0.22%
MAC	B	-0.22%
AORT	B	-0.22%
ROCK	C	-0.21%
WABC	B	-0.21%
RNA	C	-0.21%
PBH	A	-0.21%
HALO	F	-0.21%
SJW	F	-0.21%
HURN	C	-0.21%
OI	C	-0.21%
AXL	C	-0.21%
CTRE	C	-0.2%
HNI	B	-0.2%
BL	B	-0.2%
HSTM	B	-0.2%
ZUO	B	-0.2%
KBH	D	-0.2%
CWT	C	-0.2%
PBI	B	-0.19%
TNC	D	-0.19%
HL	D	-0.19%
MUR	D	-0.19%
FULT	A	-0.19%
UBSI	B	-0.19%
PD	C	-0.18%
SBH	C	-0.18%
PJT	A	-0.18%
CADE	B	-0.18%
FRME	B	-0.18%
PRO	C	-0.18%
SFBS	C	-0.18%
SLVM	B	-0.18%
HY	D	-0.18%
AVNS	F	-0.18%
CNXN	C	-0.18%
VRE	B	-0.18%
ARLO	C	-0.17%
IRTC	C	-0.17%
CSWI	B	-0.17%
PRK	B	-0.17%
DCO	C	-0.17%
TDS	B	-0.17%
LMB	B	-0.17%
FLNC	D	-0.17%
INTA	B	-0.17%
TVTX	C	-0.16%
RYTM	C	-0.16%
EWTX	C	-0.16%
EXPI	D	-0.16%
BOH	B	-0.16%
BCC	B	-0.16%
DXPE	C	-0.16%
ALRM	C	-0.16%
BPMC	B	-0.16%
CYTK	F	-0.16%
DOMO	B	-0.15%
VCYT	B	-0.15%
STNG	F	-0.15%
WSBC	B	-0.15%
MDGL	B	-0.15%
DY	D	-0.15%
NFBK	C	-0.15%
AMSF	B	-0.15%
TRTX	C	-0.15%
SAH	C	-0.15%
OFG	B	-0.15%
CPS	C	-0.15%
OPCH	D	-0.14%
GHC	B	-0.14%
CPRX	C	-0.14%
NRIX	C	-0.14%
ETD	C	-0.14%
WKC	C	-0.14%
HAE	C	-0.14%
FLXS	B	-0.14%
TWST	F	-0.14%
VRTS	B	-0.14%
UCB	A	-0.14%
CNK	C	-0.14%
SRRK	C	-0.13%
WSR	A	-0.13%
WS	C	-0.13%
CRNX	C	-0.13%
KNF	B	-0.13%
SRCE	B	-0.13%
SLG	B	-0.13%
BRC	D	-0.12%
ZEUS	C	-0.12%
DK	C	-0.12%
KREF	C	-0.12%
TRUP	B	-0.12%
REPX	A	-0.12%
AMRX	C	-0.12%
FORM	D	-0.12%
CHX	C	-0.11%
KRYS	C	-0.11%
ACAD	C	-0.11%
ADMA	B	-0.11%
SKT	A	-0.11%
HCAT	D	-0.11%
DYN	F	-0.11%
OTTR	C	-0.11%
CDNA	D	-0.11%
HCI	C	-0.11%
UNIT	B	-0.11%
EAT	A	-0.11%
DIOD	D	-0.1%
ALE	A	-0.1%
LADR	B	-0.1%
TRUE	C	-0.1%
OSCR	D	-0.1%
AMPH	F	-0.1%
NGVC	A	-0.1%
GKOS	B	-0.1%
INDB	B	-0.1%
FFBC	B	-0.1%
GMRE	F	-0.1%
AUB	B	-0.1%
ADUS	D	-0.1%
VTOL	B	-0.1%
KURA	F	-0.1%
ALTR	B	-0.1%
RDFN	D	-0.1%
TGTX	B	-0.09%
VBTX	B	-0.09%
EBS	C	-0.09%
AMBA	B	-0.09%
AMAL	B	-0.09%
ODP	F	-0.09%
HLIT	D	-0.09%
RXRX	F	-0.09%
BCPC	B	-0.09%
MYGN	F	-0.09%
AGS	A	-0.09%
AUR	C	-0.09%
ARQT	B	-0.09%
PRLB	B	-0.08%
ANIP	F	-0.08%
FTDR	B	-0.08%
FDP	B	-0.08%
BSRR	B	-0.08%
CDMO	A	-0.08%
DEA	D	-0.08%
EGP	D	-0.08%
KTB	B	-0.08%
TDOC	C	-0.08%
CATY	B	-0.08%
LTH	C	-0.08%
PTGX	D	-0.08%
AIN	C	-0.08%
MTRN	C	-0.08%
URBN	C	-0.08%
RUSHA	C	-0.08%
WVE	C	-0.08%
SSTK	F	-0.08%
FSS	B	-0.08%
MRC	B	-0.08%
SCS	C	-0.08%
SPT	C	-0.08%
LUNR	B	-0.07%
LNTH	D	-0.07%
CTKB	C	-0.07%
WEAV	C	-0.07%
NVAX	F	-0.07%
ORIC	F	-0.07%
HBI	B	-0.07%
JAMF	F	-0.07%
NBTB	B	-0.07%
HRTG	C	-0.07%
AXSM	B	-0.07%
FISI	B	-0.07%
PGC	B	-0.07%
SEM	B	-0.07%
LGF.A	C	-0.07%
MYE	F	-0.07%
OPEN	F	-0.07%
NUVB	C	-0.07%
ATNI	F	-0.07%
PL	B	-0.07%
CTBI	B	-0.07%
THR	B	-0.07%
DNLI	D	-0.07%
MEDP	D	-0.07%
WSBF	C	-0.07%
REPL	D	-0.07%
BLKB	B	-0.07%
CDE	C	-0.07%
WMK	C	-0.07%
BSIG	A	-0.07%
COLL	F	-0.07%
BBIO	F	-0.07%
ANNX	F	-0.06%
ERAS	C	-0.06%
AKRO	B	-0.06%
RXO	D	-0.06%
UEC	B	-0.06%
TSHA	C	-0.06%
SNDX	F	-0.06%
ARCT	F	-0.06%
APPN	B	-0.06%
BGS	F	-0.06%
CMC	B	-0.06%
TREE	F	-0.06%
CCCC	F	-0.06%
HURC	B	-0.06%
RM	C	-0.06%
GIC	D	-0.06%
BKD	F	-0.06%
ARVN	F	-0.06%
AVD	C	-0.06%
CLDX	F	-0.06%
QTRX	F	-0.06%
FBK	C	-0.06%
NABL	F	-0.06%
EOLS	D	-0.06%
ETNB	C	-0.05%
ALLK	D	-0.05%
ACIW	B	-0.05%
DAKT	C	-0.05%
OABI	F	-0.05%
LGF.A	C	-0.05%
DSGN	C	-0.05%
TMCI	C	-0.05%
ORGO	B	-0.05%
FLYW	B	-0.05%
MLNK	C	-0.05%
ZIP	D	-0.05%
OPY	B	-0.05%
UHT	D	-0.05%
COGT	D	-0.05%
OIS	B	-0.05%
BY	B	-0.05%
ABSI	F	-0.05%
EE	A	-0.05%
ONTO	F	-0.05%
MCRI	A	-0.05%
CVBF	A	-0.05%
BOOT	C	-0.05%
TSVT	F	-0.04%
LPSN	F	-0.04%
ICFI	F	-0.04%
BLBD	D	-0.04%
BDTX	F	-0.04%
TNDM	D	-0.04%
TERN	F	-0.04%
NXRT	B	-0.04%
GERN	D	-0.04%
MSBI	B	-0.04%
BRSP	C	-0.04%
CXM	C	-0.04%
BASE	B	-0.04%
NUVL	C	-0.04%
CRVL	B	-0.04%
ALX	D	-0.04%
IOVA	F	-0.04%
IDYA	F	-0.04%
NPAB	F	-0.04%
ZNTL	F	-0.04%
UVE	B	-0.04%
COUR	F	-0.04%
NSSC	D	-0.04%
TXRH	B	-0.04%
PRTS	C	-0.03%
FIZZ	C	-0.03%
KYMR	D	-0.03%
GCI	D	-0.03%
NPK	B	-0.03%
ACET	F	-0.03%
GIII	D	-0.03%
RMAX	C	-0.03%
SHEN	F	-0.03%
CWCO	C	-0.03%
IDT	B	-0.03%
RLMD	F	-0.03%
MBWM	B	-0.03%
YMAB	F	-0.03%
USLM	A	-0.03%
BEAM	D	-0.03%
BECN	B	-0.03%
ENSG	C	-0.03%
STNE	F	-0.03%
MED	D	-0.03%
RLAY	F	-0.03%
VSCO	C	-0.03%
AXNX	A	-0.03%
RCKT	F	-0.03%
ASC	F	-0.03%
STBA	B	-0.03%
FNKO	D	-0.03%
SANA	F	-0.03%
UVSP	B	-0.03%
ACLX	C	-0.03%
HROW	D	-0.03%
MCY	A	-0.03%
ARRY	F	-0.03%
UFPI	C	-0.03%
ETWO	F	-0.03%
HNST	A	-0.03%
CHGG	C	-0.03%
BHLB	B	-0.03%
LMAT	A	-0.03%
NARI	C	-0.03%
HUMA	F	-0.03%
GRC	A	-0.03%
VCEL	B	-0.03%
HIMS	B	-0.03%
CSR	B	-0.03%
RCKY	F	-0.02%
EB	C	-0.02%
UPLD	B	-0.02%
DIN	C	-0.02%
ONTF	C	-0.02%
TNYA	D	-0.02%
SPNS	F	-0.02%
MQ	D	-0.02%
NTLA	F	-0.02%
DVAX	C	-0.02%
ZIMV	D	-0.02%
TNET	F	-0.02%
SVRA	F	-0.02%
MCB	B	-0.02%
RAMP	B	-0.02%
TCBK	C	-0.02%
JBSS	F	-0.02%
SPOK	B	-0.02%
PGEN	F	-0.02%
CRBU	D	-0.02%
PRAA	D	-0.02%
GPRE	F	-0.02%
FCF	B	-0.02%
DOC	C	-0.02%
SWTX	C	-0.02%
TSE	F	-0.02%
ALHC	C	-0.02%
NKTX	F	-0.02%
VERA	C	-0.02%
SFL	D	-0.02%
PDCO	F	-0.02%
PBYI	C	-0.02%
PKE	B	-0.02%
BOLT	F	-0.01%
CARA	D	-0.01%
WFRD	D	-0.01%
ALVR	F	-0.01%
INO	F	-0.01%
NOVA	F	-0.01%
GATX	A	-0.01%
ZDGE	F	-0.01%
IMVT	F	-0.01%
AVTE	D	-0.01%
SMMT	D	-0.01%
SPCE	D	-0.01%
RIG	D	-0.01%
URGN	F	-0.01%
XBIT	F	-0.01%
CCBG	B	-0.01%