MPAY vs. QQQE ETF Comparison
Comparison of Akros Monthly Payout ETF (MPAY) to Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE)
MPAY
Akros Monthly Payout ETF
MPAY Description
MPAY seeks to provide potential monthly distributions, which may include return of capital to investors. The index is generally comprised of 50 stocks and 18 ETFs. For the stock component of the index, only those listed on a US exchange and have a market-cap of at least $1 billion may be included. A proprietary algorithm analyzes historical financial and trading data to rank and select stocks based on their excess return factor, which is a formula that gauges whether a stock could outperform future markets. The top 50 stocks are selected to be included. The ETF component of the index aims to cut across different asset classes: mainly foreign equity, broad commodity, gold, Treasurys, bonds, REITs, MBTs, and global infrastructure ETFs. Individual weights are based on a proprietary methodology that incorporates modern portfolio theory principles such as historical covariance, historical mean, historical risk contribution, and cluster analysis. The index is rebalanced monthly and is non-diversified.
Grade (RS Rating)
Last Trade
$25.78
Average Daily Volume
873
52
QQQE
Direxion NASDAQ-100 Equal Weighted Index Shares
QQQE Description
The investment seeks investment results, before fees and expenses, that track the NASDAQ-100® Equal Weighted Index. The fund invests at least 80% of its assets in the equity securities that comprise the index and/or investments that have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is the equal weighted version of the NASDAQ-100 Index® which includes 100 of the largest domestic and international non-financial securities listed on The NASDAQ® Stock Market (the "NASDAQ®") based on market capitalization. The fund is non-diversified.Grade (RS Rating)
Last Trade
$89.48
Average Daily Volume
358,528
101
Performance
| Period | MPAY | QQQE |
|---|---|---|
| 30 Days | 1.18% | -0.22% |
| 60 Days | 1.63% | -0.29% |
| 90 Days | 3.02% | 0.33% |
| 12 Months | 24.32% | 21.28% |
22 Overlapping Holdings
| Symbol | Grade | Weight in MPAY | Weight in QQQE | Overlap | |
|---|---|---|---|---|---|
| AAPL | C | 5.94% | 1.09% | 1.09% | |
| ABNB | D | 1.23% | 0.8% | 0.8% | |
| ADBE | F | 1.57% | 1.12% | 1.12% | |
| ADP | B | 1.24% | 1.14% | 1.14% | |
| AMAT | D | 1.45% | 0.79% | 0.79% | |
| AMZN | C | 4.97% | 1.0% | 1.0% | |
| BKNG | B | 1.26% | 0.98% | 0.98% | |
| COST | B | 1.77% | 1.09% | 1.09% | |
| CSCO | B | 1.28% | 1.06% | 1.06% | |
| FTNT | B | 1.28% | 1.29% | 1.28% | |
| GOOGL | D | 4.73% | 0.44% | 0.44% | |
| INTU | C | 1.3% | 1.04% | 1.04% | |
| KLAC | D | 1.32% | 0.91% | 0.91% | |
| LIN | B | 1.27% | 1.07% | 1.07% | |
| LRCX | F | 1.32% | 0.72% | 0.72% | |
| MSFT | C | 5.7% | 0.96% | 0.96% | |
| NFLX | B | 1.44% | 1.02% | 1.02% | |
| NVDA | D | 6.38% | 0.95% | 0.95% | |
| PEP | D | 1.25% | 1.07% | 1.07% | |
| QCOM | F | 1.36% | 0.79% | 0.79% | |
| TSLA | C | 1.83% | 1.27% | 1.27% | |
| TXN | C | 1.23% | 1.02% | 1.02% |
MPAY Overweight 30 Positions Relative to QQQE
| Symbol | Grade | Weight | |
|---|---|---|---|
| GLDM | A | 3.6% | |
| IAUM | A | 3.36% | |
| LLY | C | 3.04% | |
| WMT | B | 2.21% | |
| ORCL | B | 1.78% | |
| V | C | 1.77% | |
| MA | B | 1.76% | |
| UNH | C | 1.74% | |
| HD | A | 1.74% | |
| XOM | D | 1.55% | |
| MRK | D | 1.53% | |
| NOW | A | 1.46% | |
| JNJ | C | 1.46% | |
| ABBV | C | 1.45% | |
| CRM | D | 1.43% | |
| LOW | A | 1.37% | |
| ACN | C | 1.34% | |
| CVX | D | 1.32% | |
| MCD | B | 1.31% | |
| CAT | B | 1.28% | |
| HCA | A | 1.28% | |
| TJX | C | 1.28% | |
| PM | C | 1.27% | |
| NKE | D | 1.25% | |
| AZO | D | 1.24% | |
| ABT | C | 1.23% | |
| LMT | B | 1.23% | |
| UPS | F | 1.22% | |
| RTX | C | 1.19% | |
| DELL | C | 1.02% |
MPAY Underweight 79 Positions Relative to QQQE
| Symbol | Grade | Weight | |
|---|---|---|---|
| MELI | B | -1.36% | |
| MDB | D | -1.32% | |
| SBUX | C | -1.26% | |
| ILMN | C | -1.21% | |
| XEL | B | -1.21% | |
| AEP | C | -1.2% | |
| GILD | B | -1.19% | |
| PYPL | B | -1.18% | |
| CTAS | C | -1.18% | |
| CHTR | D | -1.18% | |
| ISRG | C | -1.16% | |
| DASH | B | -1.16% | |
| TMUS | C | -1.16% | |
| EXC | B | -1.16% | |
| WDAY | D | -1.16% | |
| CTSH | C | -1.13% | |
| MDLZ | C | -1.13% | |
| GEHC | C | -1.12% | |
| REGN | C | -1.12% | |
| ODFL | D | -1.11% | |
| ADSK | C | -1.09% | |
| AMGN | B | -1.09% | |
| CCEP | B | -1.09% | |
| PANW | C | -1.09% | |
| KDP | B | -1.09% | |
| META | A | -1.08% | |
| PAYX | C | -1.08% | |
| WBD | D | -1.08% | |
| KHC | C | -1.08% | |
| FAST | C | -1.08% | |
| TTD | B | -1.08% | |
| CSGP | D | -1.07% | |
| EA | D | -1.06% | |
| MRVL | C | -1.05% | |
| ORLY | D | -1.05% | |
| VRTX | D | -1.04% | |
| CMCSA | D | -1.04% | |
| ROST | C | -1.04% | |
| BKR | C | -1.03% | |
| ON | F | -1.03% | |
| MNST | D | -1.03% | |
| TEAM | D | -1.03% | |
| AZN | D | -1.02% | |
| CSX | D | -1.02% | |
| IDXX | D | -1.02% | |
| AVGO | C | -1.01% | |
| VRSK | D | -1.01% | |
| ROP | C | -1.0% | |
| ANSS | D | -0.99% | |
| TTWO | D | -0.98% | |
| HON | D | -0.97% | |
| ADI | C | -0.97% | |
| MAR | C | -0.96% | |
| DDOG | D | -0.95% | |
| AMD | D | -0.95% | |
| CDW | D | -0.94% | |
| ZS | F | -0.94% | |
| CPRT | D | -0.92% | |
| FANG | D | -0.91% | |
| PCAR | D | -0.91% | |
| BIIB | F | -0.9% | |
| ARM | C | -0.88% | |
| CEG | A | -0.88% | |
| CDNS | D | -0.86% | |
| LULU | D | -0.85% | |
| NXPI | D | -0.84% | |
| MCHP | D | -0.84% | |
| SNPS | D | -0.82% | |
| GFS | F | -0.79% | |
| ASML | F | -0.78% | |
| CRWD | D | -0.69% | |
| PDD | F | -0.69% | |
| DLTR | F | -0.64% | |
| INTC | F | -0.63% | |
| MU | F | -0.63% | |
| DXCM | F | -0.6% | |
| MRNA | F | -0.53% | |
| GOOG | D | -0.44% | |
| SMCI | F | -0.39% |
MPAY: Top Represented Industries & Keywords
QQQE: Top Represented Industries & Keywords
Compare ETFs
