TECL vs. IQM ETF Comparison
Comparison of Direxion Technology Bull 3X Shares (TECL) to Franklin Intelligent Machines ETF (IQM)
TECL
Direxion Technology Bull 3X Shares
TECL Description
The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the Technology Select Sector Index. The fund creates long positions by investing at least 80% of its assets in the securities that comprise the index and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index includes domestic companies from the following industries: computers & peripherals; software; diversified telecommunications services; communications equipment; semiconductors & seminconductor equipment; internet software & services; IT services; etc. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$79.05
Average Daily Volume
2,115,326
64
IQM
Franklin Intelligent Machines ETF
IQM Description
The investment seeks capital appreciation. Under normal market conditions, the fund invests at least 80% of its net assets in equity securities of companies that are relevant to its investment theme of intelligent machines. The fund invests predominantly in common stock. Although it may invest across economic sectors, the advisor expects to have significant positions in particular sectors including technology. The fund is non-diversified.Grade (RS Rating)
Last Trade
$59.79
Average Daily Volume
1,772
46
Performance
| Period | TECL | IQM |
|---|---|---|
| 30 Days | 24.21% | 9.03% |
| 60 Days | -2.09% | 2.27% |
| 90 Days | -5.87% | 2.45% |
| 12 Months | 67.04% | 27.84% |
26 Overlapping Holdings
| Symbol | Grade | Weight in TECL | Weight in IQM | Overlap | |
|---|---|---|---|---|---|
| AAPL | B | 14.04% | 3.82% | 3.82% | |
| ADI | B | 0.82% | 1.9% | 0.82% | |
| ADSK | F | 0.32% | 1.48% | 0.32% | |
| AMAT | A | 1.25% | 3.25% | 1.25% | |
| AMD | C | 1.84% | 2.68% | 1.84% | |
| ANSS | D | 0.2% | 1.67% | 0.2% | |
| APH | B | 0.56% | 1.74% | 0.56% | |
| AVGO | B | 3.1% | 1.87% | 1.87% | |
| CDNS | C | 0.55% | 4.35% | 0.55% | |
| FSLR | A | 0.19% | 0.61% | 0.19% | |
| INTC | F | 0.92% | 0.33% | 0.33% | |
| KEYS | F | 0.18% | 0.79% | 0.18% | |
| KLAC | A | 0.72% | 1.7% | 0.72% | |
| LRCX | B | 0.87% | 1.69% | 0.87% | |
| MCHP | A | 0.37% | 0.49% | 0.37% | |
| MPWR | B | 0.25% | 0.25% | 0.25% | |
| NVDA | A | 3.09% | 10.93% | 3.09% | |
| NXPI | A | 0.49% | 1.05% | 0.49% | |
| PTC | C | 0.15% | 1.94% | 0.15% | |
| ROP | C | 0.4% | 0.89% | 0.4% | |
| SNPS | B | 0.6% | 4.54% | 0.6% | |
| TEL | A | 0.32% | 0.67% | 0.32% | |
| TER | A | 0.15% | 2.13% | 0.15% | |
| TRMB | D | 0.1% | 0.42% | 0.1% | |
| TXN | B | 1.27% | 0.73% | 0.73% | |
| ZBRA | A | 0.12% | 0.49% | 0.12% |
TECL Overweight 38 Positions Relative to IQM
| Symbol | Grade | Weight | |
|---|---|---|---|
| MSFT | A | 15.33% | |
| CRM | D | 1.89% | |
| QCOM | B | 1.56% | |
| ADBE | F | 1.51% | |
| ORCL | B | 1.37% | |
| ACN | F | 1.33% | |
| CSCO | F | 1.33% | |
| INTU | C | 1.29% | |
| NOW | C | 1.09% | |
| IBM | D | 1.09% | |
| MU | A | 0.96% | |
| PANW | C | 0.67% | |
| ANET | C | 0.55% | |
| MSI | B | 0.42% | |
| SMCI | D | 0.3% | |
| FTNT | F | 0.27% | |
| CTSH | F | 0.24% | |
| IT | D | 0.24% | |
| FICO | B | 0.23% | |
| CDW | D | 0.22% | |
| ON | C | 0.22% | |
| HPQ | A | 0.2% | |
| GLW | B | 0.19% | |
| NTAP | A | 0.16% | |
| HPE | B | 0.16% | |
| WDC | A | 0.16% | |
| TYL | B | 0.14% | |
| STX | B | 0.13% | |
| TDY | F | 0.13% | |
| VRSN | F | 0.11% | |
| ENPH | B | 0.11% | |
| AKAM | F | 0.1% | |
| SWKS | F | 0.1% | |
| JBL | D | 0.1% | |
| EPAM | F | 0.08% | |
| JNPR | D | 0.08% | |
| QRVO | F | 0.07% | |
| FFIV | F | 0.07% |
TECL Underweight 20 Positions Relative to IQM
TECL: Top Represented Industries & Keywords
IQM: Top Represented Industries & Keywords
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