QLD vs. FXL ETF Comparison

Comparison of ProShares Ultra QQQ (QLD) to First Trust Technology AlphaDEX (FXL)

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

$98.02

Average Daily Volume

3,444,587

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

FXL

First Trust Technology AlphaDEX

FXL Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant(R) Technology Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the technology sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$137.56

Average Daily Volume

20,909

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	QLD	FXL
30 Days	6.58%	1.04%
60 Days	13.38%	8.96%
90 Days	-8.28%	-0.36%
12 Months	64.61%	25.37%

32 Overlapping Holdings

Symbol	Grade	Weight in QLD	Weight in FXL	Overlap
AAPL	C	6.59%	0.72%	0.72%
ADBE	F	1.1%	0.61%	0.61%
ADI	C	0.55%	0.31%	0.31%
ADSK	C	0.29%	0.35%	0.29%
AMAT	B	0.8%	1.12%	0.8%
AMD	B	1.27%	0.32%	0.32%
AVGO	C	3.84%	1.76%	1.76%
CDNS	D	0.36%	0.58%	0.36%
CDW	D	0.15%	0.31%	0.15%
CRWD	D	0.31%	1.2%	0.31%
CTSH	B	0.18%	1.86%	0.18%
DASH	B	0.26%	0.86%	0.26%
DDOG	C	0.17%	0.83%	0.17%
GFS	F	0.11%	0.74%	0.11%
GOOGL	B	1.81%	1.49%	1.49%
INTC	D	0.48%	0.99%	0.48%
INTU	F	0.83%	0.62%	0.62%
KLAC	B	0.5%	0.88%	0.5%
LRCX	D	0.51%	0.5%	0.5%
MCHP	F	0.21%	0.57%	0.21%
META	A	3.7%	1.86%	1.86%
MRVL	B	0.3%	0.32%	0.3%
MSFT	D	5.95%	0.9%	0.9%
NVDA	B	5.54%	1.61%	1.61%
ON	F	0.15%	1.73%	0.15%
PANW	D	0.53%	1.32%	0.53%
QCOM	C	0.91%	0.8%	0.8%
ROP	C	0.29%	0.31%	0.29%
SMCI	F	0.12%	0.66%	0.12%
SNPS	F	0.37%	1.11%	0.37%
TXN	C	0.91%	0.33%	0.33%
ZS	F	0.12%	0.58%	0.12%

QLD Overweight 69 Positions Relative to FXL

Symbol	Grade	Weight
AMZN	C	3.64%
TSLA	C	2.35%
COST	C	1.89%
GOOG	B	1.74%
NFLX	B	1.46%
TMUS	A	1.16%
PEP	F	1.12%
LIN	B	1.09%
CSCO	A	1.03%
ISRG	C	0.84%
AMGN	D	0.83%
CMCSA	C	0.77%
BKNG	C	0.68%
HON	C	0.64%
VRTX	D	0.58%
REGN	D	0.55%
MU	D	0.55%
ADP	A	0.54%
SBUX	C	0.53%
MELI	D	0.5%
GILD	A	0.5%
MDLZ	D	0.47%
PDD	B	0.43%
CTAS	C	0.4%
CEG	A	0.39%
ASML	F	0.38%
PYPL	C	0.38%
MAR	B	0.34%
ORLY	A	0.32%
CSX	D	0.32%
NXPI	F	0.29%
FTNT	B	0.28%
ABNB	D	0.27%
AEP	C	0.26%
MNST	D	0.25%
PCAR	C	0.25%
WDAY	D	0.25%
TTD	A	0.24%
ROST	D	0.24%
CPRT	C	0.24%
KDP	C	0.24%
PAYX	A	0.23%
AZN	D	0.22%
CHTR	D	0.22%
GEHC	C	0.21%
FAST	C	0.2%
IDXX	D	0.2%
KHC	F	0.2%
ODFL	F	0.2%
EXC	A	0.19%
EA	D	0.18%
VRSK	C	0.18%
BKR	B	0.17%
CCEP	D	0.17%
XEL	B	0.17%
FANG	C	0.15%
CSGP	F	0.15%
LULU	D	0.15%
BIIB	F	0.14%
DXCM	F	0.13%
TTWO	F	0.13%
ANSS	D	0.13%
TEAM	D	0.12%
MRNA	F	0.12%
MDB	D	0.1%
WBD	D	0.1%
ILMN	B	0.1%
ARM	C	0.09%
DLTR	F	0.07%

QLD Underweight 69 Positions Relative to FXL

Symbol	Grade	Weight
APP	A	-2.57%
PLTR	A	-2.4%
VRT	B	-1.88%
GDDY	D	-1.84%
TOST	B	-1.8%
ARW	C	-1.8%
GWRE	A	-1.74%
AVT	C	-1.73%
HCP	A	-1.64%
HPE	B	-1.58%
SAIC	A	-1.55%
AKAM	D	-1.47%
DOX	B	-1.45%
JBL	C	-1.44%
DXC	B	-1.42%
DELL	C	-1.41%
SNX	D	-1.36%
HPQ	B	-1.34%
CNXC	F	-1.32%
PSTG	F	-1.28%
APH	D	-1.27%
APPF	C	-1.26%
NTAP	D	-1.25%
SWKS	F	-1.21%
FFIV	B	-1.2%
PINS	C	-1.2%
DNB	D	-1.16%
IPGP	D	-1.15%
ORCL	C	-1.13%
PEGA	C	-1.13%
SSNC	C	-1.11%
ZM	C	-1.1%
TYL	B	-1.09%
PAYC	D	-1.09%
NOW	C	-1.06%
MPWR	B	-1.05%
AMKR	F	-1.0%
EPAM	F	-0.99%
NTNX	C	-0.97%
KBR	B	-0.95%
OLED	C	-0.93%
ESTC	F	-0.88%
ONTO	C	-0.88%
IBM	A	-0.84%
TER	C	-0.84%
SMAR	A	-0.82%
MTCH	B	-0.81%
CACI	A	-0.77%
MANH	C	-0.75%
IAC	D	-0.75%
DBX	B	-0.74%
PTC	D	-0.65%
CRUS	D	-0.64%
ALGM	F	-0.54%
OKTA	F	-0.52%
CFLT	F	-0.45%
MSTR	B	-0.38%
GLW	C	-0.36%
GLOB	C	-0.35%
IT	B	-0.35%
S	D	-0.35%
CRM	B	-0.33%
VRSN	B	-0.33%
DLB	C	-0.3%
NET	D	-0.3%
LSCC	D	-0.29%
HUBS	D	-0.28%
DV	F	-0.27%
ENTG	D	-0.26%

FXL: Top Represented Industries & Keywords

Industries: Software - Application Semiconductors Software - Infrastructure Information Technology Services Semiconductor Equipment & Materials Internet Content & Information Computer Systems Data Storage Electronic Components Telecom Services Business Services Communication Equipment Computer Hardware Conglomerates Consumer Electronics Contract Manufacturers Diversified Industrials Electronics & Computer Distribution Electronics Distribution Engineering & Construction