IQM vs. QQQA ETF Comparison
Comparison of Franklin Intelligent Machines ETF (IQM) to ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA)
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
$64.92
Average Daily Volume
1,979
47
QQQA
ProShares Nasdaq-100 Dorsey Wright Momentum ETF
QQQA Description
ProShares Trust - ProShares Nasdaq-100 Dorsey Wright Momentum ETF is an exchange traded fund launched and managed by ProShare Advisors LLC. The fund invests in the public equity markets across the globe. It invests in the stocks of companies operating in the non-financial companies. The fund invests in momentum stocks of large cap companies. It replicates the performance of Nasdaq-100 Dorsey Wright Select Index. ProShares Trust - ProShares Nasdaq-100 Dorsey Wright Momentum ETF was formed on May 18, 2021 and is domiciled in the United States.Grade (RS Rating)
Last Trade
$47.01
Average Daily Volume
2,863
21
Performance
Period | IQM | QQQA |
---|---|---|
30 Days | 8.25% | 8.95% |
60 Days | 14.39% | 13.58% |
90 Days | 14.27% | 11.24% |
12 Months | 32.33% | 32.61% |
IQM Overweight 39 Positions Relative to QQQA
Symbol | Grade | Weight | |
---|---|---|---|
ASML | A | 5.12% | |
ISRG | B | 5.03% | |
AAPL | A | 4.15% | |
TSM | A | 3.85% | |
AXON | C | 2.93% | |
TSLA | B | 2.68% | |
AMD | B | 2.47% | |
PWR | D | 2.28% | |
TER | A | 2.11% | |
ADI | B | 1.79% | |
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% | |
VMI | C | 1.01% | |
UBER | B | 1.0% | |
NXPI | B | 0.97% | |
ROP | B | 0.89% | |
DXCM | F | 0.76% | |
KEYS | F | 0.72% | |
TXN | B | 0.68% | |
TEL | B | 0.64% | |
FSLR | C | 0.53% | |
PSTG | C | 0.49% | |
PRCT | C | 0.47% | |
VRT | C | 0.46% | |
ALGN | D | 0.45% | |
ZBRA | C | 0.44% | |
MCHP | C | 0.43% | |
BSY | D | 0.42% | |
TRMB | D | 0.39% | |
HON | B | 0.37% | |
INTC | D | 0.32% | |
MPWR | A | 0.26% | |
SITM | B | 0.2% |
IQM: Top Represented Industries & Keywords
QQQA: Top Represented Industries & Keywords