QLD vs. RAVI ETF Comparison

Comparison of ProShares Ultra QQQ (QLD) to FlexShares Ready Access Variable Income Fund (RAVI)

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

$106.72

Average Daily Volume

2,632,901

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

RAVI

FlexShares Ready Access Variable Income Fund

RAVI Description

The investment seeks maximum current income consistent with the preservation of capital and liquidity. The fund seeks to achieve the investment objective by investing at least 65% of its total assets in a non-diversified portfolio of fixed income instruments, including bonds, debt securities and other similar instruments issued by U.S. and non-U.S. public and private sector entities. The dollar-weighted average portfolio maturity of the fund is normally not expected to exceed two years. It may invest up to 20% of its total assets in fixed income securities and instruments of issuers in emerging markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$75.44

Average Daily Volume

72,378

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	QLD	RAVI
30 Days	6.38%	0.41%
60 Days	8.03%	0.65%
90 Days	8.70%	1.23%
12 Months	54.59%	5.45%

13 Overlapping Holdings

Symbol	Grade	Weight in QLD	Weight in RAVI	Overlap
AEP	D	0.23%	0.38%	0.23%
AMZN	C	3.98%	0.42%	0.42%
AZN	D	0.17%	0.15%	0.15%
CMCSA	B	0.78%	0.28%	0.28%
GILD	C	0.53%	0.59%	0.53%
KDP	D	0.21%	0.95%	0.21%
MCHP	D	0.16%	0.22%	0.16%
MDLZ	F	0.4%	0.09%	0.09%
NVDA	C	6.35%	0.52%	0.52%
PCAR	B	0.28%	0.05%	0.05%
PYPL	B	0.41%	0.95%	0.41%
ROP	B	0.28%	0.07%	0.07%
SBUX	A	0.52%	0.18%	0.18%

QLD Overweight 88 Positions Relative to RAVI

Symbol	Grade	Weight
AAPL	C	6.06%
MSFT	F	5.6%
AVGO	D	3.68%
META	D	3.57%
TSLA	B	2.83%
COST	B	1.89%
GOOGL	C	1.86%
GOOG	C	1.79%
NFLX	A	1.63%
TMUS	B	1.29%
CSCO	B	1.09%
ADBE	C	1.08%
PEP	F	1.04%
AMD	F	1.03%
LIN	D	1.0%
INTU	C	0.9%
ISRG	A	0.87%
TXN	C	0.86%
QCOM	F	0.82%
BKNG	A	0.77%
AMGN	D	0.74%
AMAT	F	0.69%
HON	B	0.69%
PANW	C	0.6%
VRTX	F	0.58%
ADP	B	0.57%
MU	D	0.51%
INTC	D	0.49%
ADI	D	0.48%
MELI	D	0.45%
LRCX	F	0.44%
CTAS	B	0.41%
KLAC	D	0.4%
REGN	F	0.4%
SNPS	B	0.39%
CDNS	B	0.38%
MAR	B	0.37%
CRWD	B	0.37%
MRVL	B	0.36%
PDD	F	0.35%
FTNT	C	0.34%
ORLY	B	0.33%
CEG	D	0.32%
CSX	B	0.32%
ADSK	A	0.31%
DASH	A	0.31%
ASML	F	0.29%
CHTR	C	0.27%
ABNB	C	0.27%
WDAY	B	0.27%
CPRT	A	0.26%
NXPI	D	0.26%
TTD	B	0.26%
FANG	D	0.25%
MNST	C	0.25%
PAYX	C	0.24%
FAST	B	0.22%
ODFL	B	0.22%
ROST	C	0.21%
BKR	B	0.2%
EA	A	0.2%
TEAM	A	0.19%
CTSH	B	0.19%
VRSK	A	0.19%
XEL	A	0.18%
GEHC	F	0.18%
LULU	C	0.18%
KHC	F	0.18%
DDOG	A	0.18%
EXC	C	0.17%
IDXX	F	0.16%
CCEP	C	0.16%
ZS	C	0.15%
TTWO	A	0.15%
ANSS	B	0.14%
CSGP	D	0.14%
DXCM	D	0.13%
ON	D	0.13%
ILMN	D	0.11%
GFS	C	0.11%
WBD	C	0.11%
BIIB	F	0.11%
CDW	F	0.11%
MDB	C	0.1%
ARM	D	0.08%
MRNA	F	0.07%
DLTR	F	0.06%
SMCI	F	0.05%

QLD Underweight 88 Positions Relative to RAVI

Symbol	Grade	Weight
VLO	C	-1.51%
ED	D	-1.05%
OGS	A	-1.05%
OTIS	C	-0.95%
DHR	F	-0.86%
LYB	F	-0.83%
DTE	C	-0.77%
GE	D	-0.76%
TSN	B	-0.7%
WM	A	-0.69%
CI	F	-0.67%
CM	A	-0.62%
GP	F	-0.59%
TFC	A	-0.59%
AIG	B	-0.57%
SJM	D	-0.57%
NEE	D	-0.57%
BAC	A	-0.57%
AZO	C	-0.52%
BNS	A	-0.52%
D	C	-0.51%
BDX	F	-0.51%
TD	F	-0.51%
RY	A	-0.51%
SYK	C	-0.49%
CCI	D	-0.49%
AON	A	-0.46%
UNH	C	-0.43%
BMY	B	-0.43%
SCHW	B	-0.42%
CRM	B	-0.4%
VFC	C	-0.39%
OGE	B	-0.39%
ETR	B	-0.38%
CVX	A	-0.33%
NDAQ	A	-0.31%
ARCC	A	-0.3%
T	A	-0.3%
HSBC	B	-0.29%
CFG	B	-0.29%
MLM	B	-0.28%
DELL	C	-0.28%
DB	D	-0.28%
CP	D	-0.27%
WFC	A	-0.26%
CAT	B	-0.26%
CLX	B	-0.26%
LEN	D	-0.26%
SO	D	-0.26%
ATHS	C	-0.26%
GS	A	-0.26%
AL	B	-0.25%
C	A	-0.24%
CMS	C	-0.24%
FIS	C	-0.23%
FITB	A	-0.22%
PPL	B	-0.22%
FOXA	B	-0.21%
NYC	D	-0.21%
CNP	B	-0.2%
LUV	C	-0.18%
MKC	D	-0.17%
AEE	A	-0.17%
BHF	B	-0.17%
CVS	D	-0.16%
KEY	B	-0.16%
SEB	F	-0.16%
UBS	C	-0.16%
PSX	C	-0.16%
NWG	C	-0.15%
BA	F	-0.15%
ICE	C	-0.15%
MUFG	B	-0.14%
MET	A	-0.13%
DHI	D	-0.13%
AMT	D	-0.13%
CNH	C	-0.13%
ABBV	D	-0.13%
HPE	B	-0.11%
EFX	F	-0.1%
GM	B	-0.1%
VZ	C	-0.1%
R	B	-0.08%
HRL	D	-0.07%
DUK	C	-0.07%
COF	B	-0.06%
MS	A	-0.06%
JPM	A	-0.03%