IQM vs. AIBU ETF Comparison

Comparison of Franklin Intelligent Machines ETF (IQM) to Direxion Daily AI and Big Data Bull 2X Shares (AIBU)
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

$65.42

Average Daily Volume

2,024

Number of Holdings *

47

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

Direxion Daily AI and Big Data Bull 2X Shares

AIBU Description The index is designed by Solactive AG to represent the securities of companies from the United States that have business operations in the field of artificial intelligence ("AI") applications and big data. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, securities of the index, and exchange-traded funds (ETFs) that track the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.70

Average Daily Volume

14,202

Number of Holdings *

10

* may have additional holdings in another (foreign) market
Performance
Period IQM AIBU
30 Days 5.73% 16.60%
60 Days 13.37%
90 Days 13.65%
12 Months 36.18%
5 Overlapping Holdings
Symbol Grade Weight in IQM Weight in AIBU Overlap
AAPL A 4.15% 7.4% 4.15%
AMD B 2.47% 4.01% 2.47%
MCHP C 0.43% 4.41% 0.43%
NVDA B 12.26% 8.31% 8.31%
SNPS B 4.43% 4.1% 4.1%
IQM Overweight 42 Positions Relative to AIBU
Symbol Grade Weight
ASML A 5.12%
ISRG A 5.03%
CDNS B 4.39%
TSM A 3.85%
AMAT B 3.3%
AXON C 2.93%
TSLA B 2.68%
PWR D 2.28%
TER A 2.11%
AVGO B 2.03%
ADI B 1.79%
LRCX B 1.77%
KLAC B 1.71%
ENTG B 1.68%
APH B 1.66%
ADSK B 1.62%
ANSS C 1.56%
PTC B 1.31%
ETN C 1.26%
IDXX D 1.22%
ALTR B 1.21%
CRWD B 1.02%
VMI C 1.01%
UBER B 1.0%
NXPI B 0.97%
ROP B 0.89%
DXCM D 0.76%
KEYS D 0.72%
TXN B 0.68%
TEL B 0.64%
FSLR C 0.53%
PSTG B 0.49%
PRCT C 0.47%
VRT C 0.46%
ALGN D 0.45%
ZBRA C 0.44%
BSY D 0.42%
TRMB C 0.39%
HON B 0.37%
INTC C 0.32%
MPWR B 0.26%
SITM B 0.2%
IQM Underweight 5 Positions Relative to AIBU
Symbol Grade Weight
GOOGL A -7.31%
MSFT A -6.55%
AMZN A -6.42%
META A -6.11%
ANET A -4.54%
Compare ETFs