QQQU vs. FDG ETF Comparison

Comparison of Direxion Daily Concentrated Qs Bull 2X Shares (QQQU) to American Century Focused Dynamic Growth ETF (FDG)
QQQU

Direxion Daily Concentrated Qs Bull 2X Shares

QQQU Description

QQQU provides daily 2x exposure to an index comprised of the seven leading companies listed on the NASDAQ exchange that meet certain requirements. It will invest in the securities of the index, financial instruments including swap and futures agreements, and ETFs tracking the index, to provide the leveraged exposure consistent with its objective. To be included in the index, the common stocks or ADRs must have a minimum free float equivalent to 10% of shares outstanding, and have a share price of less than $10,000. After an extensive research, the index provider selects the seven leading constituents that forms the index and equally-weights them. The index is rebalanced and reconstituted quarterly. As a leveraged product with 2x factor that resets daily, QQQU 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

$34.26

Average Daily Volume

9,266

Number of Holdings *

7

* may have additional holdings in another (foreign) market
FDG

American Century Focused Dynamic Growth ETF

FDG Description The investment seeks long-term capital growth. The fund will invest primarily in securities of large cap companies, but may invest in companies of any market capitalization. It normally invests in a relatively limited number of companies, generally 30 to 45 securities, but may incorporate more securities to account for liquidity constraints. The fund will invest principally in U.S. exchange-listed common stocks and American Depositary Receipts (ADRs).

Grade (RS Rating)

Last Trade

$89.91

Average Daily Volume

12,610

Number of Holdings *

35

* may have additional holdings in another (foreign) market
Performance
Period QQQU FDG
30 Days 13.52% 6.29%
60 Days 34.01% 11.86%
90 Days 33.08% 8.83%
12 Months 38.79%
5 Overlapping Holdings
Symbol Grade Weight in QQQU Weight in FDG Overlap
AMZN B 10.74% 10.66% 10.66%
META B 9.86% 4.63% 4.63%
MSFT B 10.4% 4.72% 4.72%
NVDA B 13.05% 14.86% 13.05%
TSLA C 10.86% 4.43% 4.43%
QQQU Overweight 2 Positions Relative to FDG
Symbol Grade Weight
GOOGL B 12.34%
AAPL B 11.42%
QQQU Underweight 30 Positions Relative to FDG
Symbol Grade Weight
GOOG B -5.05%
CRM D -4.6%
REGN B -4.0%
CMG C -3.97%
ISRG A -3.92%
NFLX B -3.63%
MA D -3.27%
OKTA C -3.2%
STZ B -2.89%
HUBS C -2.56%
CDNS B -2.45%
SQ D -2.35%
MPWR B -1.8%
WHD B -1.68%
ALNY B -1.64%
ARGX B -1.42%
WAB D -1.36%
ASND C -1.15%
BPMC B -1.12%
SPGI B -0.96%
DOCU D -0.91%
SHOP C -0.9%
PCTY F -0.89%
VRSK A -0.82%
GGG D -0.68%
DASH D -0.61%
V D -0.58%
SAM C -0.55%
BILL F -0.45%
RKLB B -0.44%
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