MPAY vs. QTUM ETF Comparison
Comparison of Akros Monthly Payout ETF (MPAY) to Defiance Quantum ETF (QTUM)
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
$25.63
Average Daily Volume
773
52
QTUM
Defiance Quantum ETF
QTUM Description
The investment seeks to track the total return performance, before fees and expenses, of the BlueStar Quantum Computing and Machine Learning Index (the "index"). Under normal circumstances, at least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index or in depositary receipts representing such component securities. The index consists of a modified equal-weighted portfolio of the stock of companies whose products or services are predominantly tied to the development of quantum computing and machine learning technology. The fund is non-diversified.Grade (RS Rating)
Last Trade
$61.98
Average Daily Volume
42,445
51
Performance
| Period | MPAY | QTUM |
|---|---|---|
| 30 Days | 2.88% | 5.72% |
| 60 Days | 10.10% | 13.25% |
| 90 Days | 0.73% | -2.34% |
| 12 Months | 26.99% | 33.23% |
12 Overlapping Holdings
| Symbol | Grade | Weight in MPAY | Weight in QTUM | Overlap | |
|---|---|---|---|---|---|
| ABBV | C | 1.45% | 1.47% | 1.45% | |
| ACN | B | 1.34% | 1.81% | 1.34% | |
| AMAT | C | 1.45% | 1.22% | 1.22% | |
| GOOGL | B | 4.73% | 1.38% | 1.38% | |
| KLAC | B | 1.32% | 1.34% | 1.32% | |
| LMT | A | 1.23% | 1.94% | 1.23% | |
| LRCX | D | 1.32% | 1.13% | 1.13% | |
| MSFT | D | 5.7% | 1.4% | 1.4% | |
| NVDA | B | 6.38% | 1.37% | 1.37% | |
| QCOM | D | 1.36% | 1.13% | 1.13% | |
| RTX | A | 1.19% | 1.71% | 1.19% | |
| TXN | C | 1.23% | 1.49% | 1.23% |
MPAY Overweight 40 Positions Relative to QTUM
| Symbol | Grade | Weight | |
|---|---|---|---|
| AAPL | C | 5.94% | |
| AMZN | C | 4.97% | |
| GLDM | B | 3.6% | |
| IAUM | B | 3.36% | |
| LLY | D | 3.04% | |
| WMT | A | 2.21% | |
| TSLA | C | 1.83% | |
| ORCL | A | 1.78% | |
| V | B | 1.77% | |
| COST | C | 1.77% | |
| MA | A | 1.76% | |
| UNH | B | 1.74% | |
| HD | A | 1.74% | |
| ADBE | F | 1.57% | |
| XOM | A | 1.55% | |
| MRK | F | 1.53% | |
| NOW | B | 1.46% | |
| JNJ | D | 1.46% | |
| NFLX | A | 1.44% | |
| CRM | B | 1.43% | |
| LOW | C | 1.37% | |
| CVX | B | 1.32% | |
| MCD | A | 1.31% | |
| INTU | F | 1.3% | |
| CAT | A | 1.28% | |
| HCA | C | 1.28% | |
| FTNT | A | 1.28% | |
| TJX | D | 1.28% | |
| CSCO | A | 1.28% | |
| PM | D | 1.27% | |
| LIN | C | 1.27% | |
| BKNG | B | 1.26% | |
| PEP | F | 1.25% | |
| NKE | D | 1.25% | |
| ADP | A | 1.24% | |
| AZO | D | 1.24% | |
| ABNB | D | 1.23% | |
| ABT | C | 1.23% | |
| UPS | D | 1.22% | |
| DELL | C | 1.02% |
MPAY Underweight 39 Positions Relative to QTUM
| Symbol | Grade | Weight | |
|---|---|---|---|
| BABA | A | -2.12% | |
| IBM | A | -1.91% | |
| NOC | B | -1.87% | |
| COHR | B | -1.85% | |
| WIT | C | -1.73% | |
| BIDU | C | -1.72% | |
| NOK | C | -1.68% | |
| MSTR | B | -1.65% | |
| ORAN | F | -1.63% | |
| RDNT | C | -1.62% | |
| JNPR | C | -1.61% | |
| BAH | C | -1.58% | |
| TSM | B | -1.46% | |
| AMD | C | -1.46% | |
| QBTS | D | -1.45% | |
| HON | C | -1.45% | |
| MRVL | C | -1.41% | |
| CRUS | D | -1.41% | |
| HPE | B | -1.4% | |
| ADI | B | -1.38% | |
| ON | F | -1.37% | |
| ONTO | B | -1.31% | |
| TDC | D | -1.29% | |
| NVEC | D | -1.28% | |
| TER | C | -1.27% | |
| CDNS | D | -1.24% | |
| SNPS | F | -1.23% | |
| NXPI | F | -1.21% | |
| MCHP | F | -1.2% | |
| RGTI | F | -1.2% | |
| LSCC | D | -1.19% | |
| SYNA | F | -1.16% | |
| MKSI | F | -1.13% | |
| ASML | F | -1.13% | |
| FORM | D | -1.13% | |
| INTC | D | -1.08% | |
| MU | D | -1.05% | |
| ESTC | F | -0.96% | |
| STM | F | -0.94% |
MPAY: Top Represented Industries & Keywords
QTUM: Top Represented Industries & Keywords
Compare ETFs
