SSG vs. QTEC ETF Comparison
Comparison of ProShares UltraShort Semiconductors (SSG) to First Trust NASDAQ-100- Technology Index Fund (QTEC)
SSG
ProShares UltraShort Semiconductors
SSG Description
The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. SemiconductorsSM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index measures the performance of the semiconductor sub-sector of the U.S. equity market. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$28.13
Average Daily Volume
37,855
25
QTEC
First Trust NASDAQ-100- Technology Index Fund
QTEC Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ-100 Technology Sector Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is an equal-weighted index based on the securities of the NASDAQ-100 Index(R) that are classified as "technology" according to the Industry Classification Benchmark classification system. The fund is non-diversified.Grade (RS Rating)
Last Trade
$196.94
Average Daily Volume
114,716
43
Performance
Period | SSG | QTEC |
---|---|---|
30 Days | -0.60% | 4.12% |
60 Days | -18.58% | 4.78% |
90 Days | -12.62% | 2.69% |
12 Months | -80.59% | 24.05% |
14 Overlapping Holdings
Symbol | Grade | Weight in SSG | Weight in QTEC | Overlap | |
---|---|---|---|---|---|
ADI | D | 3.48% | 2.13% | 2.13% | |
AMAT | F | 4.58% | 2.21% | 2.21% | |
AMD | F | 4.48% | 2.03% | 2.03% | |
AVGO | D | 9.66% | 2.27% | 2.27% | |
INTC | D | 20.47% | 2.61% | 2.61% | |
KLAC | D | 2.23% | 1.94% | 1.94% | |
LRCX | F | 3.53% | 2.21% | 2.21% | |
MCHP | D | 2.06% | 1.94% | 1.94% | |
MRVL | B | 1.5% | 2.8% | 1.5% | |
MU | D | 5.04% | 2.49% | 2.49% | |
NVDA | C | 12.05% | 2.89% | 2.89% | |
ON | D | 0.81% | 2.2% | 0.81% | |
QCOM | F | 8.64% | 2.21% | 2.21% | |
TXN | C | 9.72% | 2.31% | 2.31% |
SSG Underweight 29 Positions Relative to QTEC
Symbol | Grade | Weight | |
---|---|---|---|
TEAM | A | -3.5% | |
DASH | A | -2.84% | |
FTNT | C | -2.81% | |
ZS | C | -2.75% | |
PANW | C | -2.64% | |
ADSK | A | -2.62% | |
CRWD | B | -2.62% | |
DDOG | A | -2.61% | |
PDD | F | -2.56% | |
CDNS | B | -2.52% | |
WDAY | B | -2.49% | |
INTU | C | -2.48% | |
SNPS | B | -2.47% | |
GFS | C | -2.47% | |
CTSH | B | -2.44% | |
ANSS | B | -2.42% | |
MDB | C | -2.39% | |
META | D | -2.34% | |
ROP | B | -2.31% | |
ADBE | C | -2.31% | |
AAPL | C | -2.28% | |
MSFT | F | -2.24% | |
ARM | D | -2.24% | |
NXPI | D | -2.2% | |
ASML | F | -1.99% | |
CDW | F | -1.83% | |
GOOG | C | -1.23% | |
GOOGL | C | -1.22% | |
SMCI | F | -0.9% |
SSG: Top Represented Industries & Keywords
QTEC: Top Represented Industries & Keywords