QLD vs. FDLO ETF Comparison

Comparison of ProShares Ultra QQQ (QLD) to Fidelity Low Volatility Factor ETF (FDLO)

QLD

ProShares Ultra QQQ

QLD Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the NASDAQ-100 Index®. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times (2x) the daily return of the index. The index, a modified market capitalization-weighted index, includes 100 of the largest non-financial domestic and international issues listed on the NASDAQ Stock Market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$100.35

Average Daily Volume

3,411,658

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

FDLO

Fidelity Low Volatility Factor ETF

FDLO Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Low Volatility Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Low Volatility Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with lower volatility than the broader market.

Grade (RS Rating)

Last Trade

$61.02

Average Daily Volume

90,831

Number of Holdings ^*

125

* may have additional holdings in another (foreign) market

Performance

Period	QLD	FDLO
30 Days	11.38%	2.09%
60 Days	23.21%	8.58%
90 Days	-6.10%	6.14%
12 Months	69.63%	27.76%

25 Overlapping Holdings

Symbol	Grade	Weight in QLD	Weight in FDLO	Overlap
AAPL	C	6.59%	7.37%	6.59%
ADP	A	0.54%	0.6%	0.54%
AEP	C	0.26%	0.3%	0.26%
AMGN	D	0.83%	0.81%	0.81%
AMZN	C	3.64%	3.64%	3.64%
CMCSA	B	0.77%	0.92%	0.77%
CSCO	A	1.03%	1.63%	1.03%
CSGP	F	0.15%	0.19%	0.15%
EA	D	0.18%	0.64%	0.18%
FAST	C	0.2%	0.47%	0.2%
GOOGL	B	1.81%	3.93%	1.81%
HON	C	0.64%	0.64%	0.64%
LIN	C	1.09%	0.57%	0.57%
MDLZ	D	0.47%	0.43%	0.43%
MSFT	D	5.95%	7.16%	5.95%
ORLY	A	0.32%	0.5%	0.32%
PAYX	B	0.23%	0.47%	0.23%
PEP	F	1.12%	0.66%	0.66%
REGN	D	0.55%	0.68%	0.55%
ROP	D	0.29%	1.23%	0.29%
SBUX	B	0.53%	0.69%	0.53%
TMUS	A	1.16%	0.85%	0.85%
TXN	C	0.91%	1.55%	0.91%
VRTX	D	0.58%	0.68%	0.58%
XEL	C	0.17%	0.28%	0.17%

QLD Overweight 76 Positions Relative to FDLO

Symbol	Grade	Weight
NVDA	B	5.54%
AVGO	B	3.84%
META	A	3.7%
TSLA	C	2.35%
COST	C	1.89%
GOOG	B	1.74%
NFLX	A	1.46%
AMD	C	1.27%
ADBE	F	1.1%
QCOM	D	0.91%
ISRG	C	0.84%
INTU	F	0.83%
AMAT	C	0.8%
BKNG	B	0.68%
ADI	B	0.55%
MU	D	0.55%
PANW	B	0.53%
LRCX	D	0.51%
MELI	D	0.5%
KLAC	B	0.5%
GILD	A	0.5%
INTC	D	0.48%
PDD	B	0.43%
CTAS	C	0.4%
CEG	A	0.39%
ASML	F	0.38%
PYPL	A	0.38%
SNPS	F	0.37%
CDNS	D	0.36%
MAR	A	0.34%
CSX	D	0.32%
CRWD	D	0.31%
MRVL	C	0.3%
ADSK	B	0.29%
NXPI	F	0.29%
FTNT	A	0.28%
ABNB	D	0.27%
DASH	A	0.26%
MNST	D	0.25%
PCAR	D	0.25%
WDAY	D	0.25%
TTD	A	0.24%
ROST	D	0.24%
CPRT	B	0.24%
KDP	C	0.24%
AZN	D	0.22%
CHTR	D	0.22%
GEHC	C	0.21%
MCHP	F	0.21%
IDXX	D	0.2%
KHC	F	0.2%
ODFL	F	0.2%
EXC	C	0.19%
VRSK	D	0.18%
CTSH	B	0.18%
DDOG	B	0.17%
BKR	B	0.17%
CCEP	C	0.17%
CDW	D	0.15%
FANG	D	0.15%
ON	F	0.15%
LULU	D	0.15%
BIIB	F	0.14%
DXCM	F	0.13%
TTWO	D	0.13%
ANSS	D	0.13%
SMCI	F	0.12%
TEAM	D	0.12%
MRNA	F	0.12%
ZS	F	0.12%
GFS	F	0.11%
MDB	D	0.1%
WBD	F	0.1%
ILMN	B	0.1%
ARM	C	0.09%
DLTR	F	0.07%

QLD Underweight 100 Positions Relative to FDLO

Symbol	Grade	Weight
BRK.A	B	-2.07%
ORCL	A	-1.85%
LLY	D	-1.85%
IBM	A	-1.66%
JPM	C	-1.62%
ACN	B	-1.58%
UNH	B	-1.52%
MSI	A	-1.37%
V	B	-1.31%
MA	A	-1.27%
JNJ	D	-1.24%
AKAM	D	-1.19%
HD	A	-1.17%
TYL	D	-1.16%
ABBV	C	-1.16%
DOX	B	-1.14%
VRSN	C	-1.14%
XOM	A	-1.14%
MRK	F	-1.04%
VZ	C	-1.01%
PG	D	-1.01%
T	B	-0.96%
TMO	D	-0.94%
WMT	A	-0.9%
ABT	C	-0.88%
MCD	A	-0.84%
PGR	B	-0.83%
KO	C	-0.76%
CB	A	-0.73%
LOW	C	-0.7%
MMC	D	-0.68%
CME	A	-0.67%
NKE	D	-0.66%
UNP	F	-0.66%
ETN	B	-0.66%
TJX	D	-0.64%
BDX	C	-0.64%
TRV	B	-0.63%
LMT	A	-0.63%
CVX	B	-0.62%
ERIE	A	-0.6%
PM	D	-0.59%
AJG	C	-0.58%
CBOE	B	-0.56%
AIZ	B	-0.56%
FDS	C	-0.56%
NOC	B	-0.54%
ITW	C	-0.54%
WM	B	-0.52%
JKHY	A	-0.52%
WRB	C	-0.52%
GD	C	-0.51%
OTIS	A	-0.49%
AZO	D	-0.48%
LHX	A	-0.47%
TSCO	A	-0.47%
BAH	C	-0.46%
RSG	D	-0.45%
J	F	-0.44%
GRMN	D	-0.43%
FCN	C	-0.4%
HII	F	-0.39%
CL	D	-0.39%
COP	D	-0.38%
SO	A	-0.38%
DUK	C	-0.37%
AMT	D	-0.34%
GIS	C	-0.33%
KMB	D	-0.32%
SHW	C	-0.31%
EQIX	C	-0.3%
EOG	B	-0.29%
ED	C	-0.27%
WMB	A	-0.27%
HSY	D	-0.27%
APD	C	-0.26%
PSA	C	-0.26%
WEC	B	-0.26%
O	C	-0.25%
AEE	A	-0.25%
ECL	C	-0.25%
LNG	A	-0.24%
DLR	C	-0.24%
KMI	A	-0.24%
CMS	A	-0.24%
CCI	D	-0.23%
CTVA	A	-0.22%
EQR	C	-0.19%
MAA	D	-0.18%
DTM	A	-0.18%
VMC	D	-0.18%
MLM	F	-0.18%
CTRA	D	-0.18%
AMCR	C	-0.17%
PKG	B	-0.17%
ATR	A	-0.16%
ELS	D	-0.16%
AMH	D	-0.16%
AVY	D	-0.16%
ADC	C	-0.15%