QQA vs. FFLG ETF Comparison

Comparison of Invesco QQQ Income Advantage ETF (QQA) to Fidelity Fundamental Large Cap Growth ETF (FFLG)

QQA

Invesco QQQ Income Advantage ETF

QQA Description

The fund seeks to achieve its investment objective by: (1) investing in a portfolio of U.S. equity securities designed to track the performance, before fees and expenses, of the NASDAQ-100 Index® or U.S.-listed exchange-traded funds (ETFs) that seek to track the performance of the index, or both, and (2) utilizing an options-based income strategy implemented through equity-linked notes (ELNs) with exposure to either the index or ETFs tracking the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$50.25

Average Daily Volume

11,155

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

FFLG

Fidelity Fundamental Large Cap Growth ETF

FFLG Description

FFLG seeks to achieve long-term capital growth by investing in large-cap companies believed to have above-average growth potential. The adviser generally defines large-caps as companies with similar market capitalizations to Russell 1000 or S&P 500 companies. Growth is measured based on factors such as earnings or revenue. Stocks are selected using fundamental analysis of factors such as financial condition and industry position of each issuer, as well as market and economic conditions. The adviser then incorporates a quantitative portfolio construction process to emphasize securities in which the adviser has high conviction, subject to risk, liquidity, and trading characteristics. The fund invests in both US and non-US companies. Despite its large-cap focus, the fund's strategy can lead to investments in small- and mid-cap companies. Before February 26, 2024, the fund traded as Fidelity Growth Opportunities ETF under the ticker FGRO. The fund previously used a semitransparent ETF structure

Grade (RS Rating)

Last Trade

$25.03

Average Daily Volume

30,102

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QQA	FFLG
30 Days	4.30%	2.46%
60 Days	5.68%	5.66%
90 Days	6.30%	6.27%
12 Months		40.11%

25 Overlapping Holdings

Symbol	Grade	Weight in QQA	Weight in FFLG	Overlap
AAPL	C	6.56%	12.07%	6.56%
ABNB	C	0.29%	0.52%	0.29%
AMZN	C	4.08%	7.12%	4.08%
ASML	F	0.31%	1.3%	0.31%
AVGO	D	3.78%	0.3%	0.3%
AZN	D	0.18%	0.18%	0.18%
CDNS	B	0.39%	0.86%	0.39%
CSGP	D	0.14%	0.39%	0.14%
GOOG	C	1.86%	2.82%	1.86%
GOOGL	C	1.94%	2.48%	1.94%
KDP	D	0.21%	0.55%	0.21%
LULU	C	0.19%	0.8%	0.19%
MDB	C	0.1%	0.63%	0.1%
META	D	3.69%	5.34%	3.69%
MNST	C	0.25%	0.52%	0.25%
MRNA	F	0.07%	0.13%	0.07%
MRVL	B	0.38%	0.7%	0.38%
MSFT	F	5.91%	9.14%	5.91%
MU	D	0.53%	0.73%	0.53%
NFLX	A	1.75%	2.02%	1.75%
NVDA	C	6.68%	12.31%	6.68%
NXPI	D	0.27%	1.37%	0.27%
ON	D	0.14%	0.76%	0.14%
REGN	F	0.4%	0.59%	0.4%
TMUS	B	1.36%	0.88%	0.88%

QQA Overweight 76 Positions Relative to FFLG

Symbol	Grade	Weight
TSLA	B	2.98%
COST	B	1.99%
CSCO	B	1.15%
ADBE	C	1.11%
PEP	F	1.08%
AMD	F	1.08%
LIN	D	1.06%
INTU	C	0.95%
ISRG	A	0.93%
TXN	C	0.91%
QCOM	F	0.88%
BKNG	A	0.83%
CMCSA	B	0.82%
AMGN	D	0.75%
HON	B	0.74%
AMAT	F	0.69%
PANW	C	0.62%
VRTX	F	0.6%
ADP	B	0.6%
SBUX	A	0.55%
GILD	C	0.54%
ADI	D	0.51%
INTC	D	0.51%
MELI	D	0.47%
LRCX	F	0.45%
MDLZ	F	0.43%
CTAS	B	0.43%
PYPL	B	0.43%
KLAC	D	0.41%
SNPS	B	0.4%
MAR	B	0.39%
PDD	F	0.38%
CRWD	B	0.38%
FTNT	C	0.36%
CEG	D	0.35%
ORLY	B	0.35%
CSX	B	0.34%
ADSK	A	0.32%
DASH	A	0.32%
ROP	B	0.29%
PCAR	B	0.29%
CHTR	C	0.28%
CPRT	A	0.27%
WDAY	B	0.27%
FANG	D	0.26%
TTD	B	0.26%
AEP	D	0.25%
PAYX	C	0.25%
FAST	B	0.23%
ODFL	B	0.23%
ROST	C	0.23%
EA	A	0.21%
BKR	B	0.21%
VRSK	A	0.2%
KHC	F	0.19%
XEL	A	0.19%
CTSH	B	0.19%
DDOG	A	0.19%
EXC	C	0.19%
TEAM	A	0.19%
GEHC	F	0.18%
IDXX	F	0.17%
CCEP	C	0.17%
MCHP	D	0.16%
ZS	C	0.15%
DXCM	D	0.15%
TTWO	A	0.15%
ANSS	B	0.14%
CDW	F	0.12%
ILMN	D	0.11%
WBD	C	0.11%
GFS	C	0.11%
BIIB	F	0.11%
ARM	D	0.08%
DLTR	F	0.07%
SMCI	F	0.05%

QQA Underweight 66 Positions Relative to FFLG

Symbol	Grade	Weight
UBER	D	-2.21%
TSM	B	-1.96%
MA	C	-1.95%
BSX	B	-1.72%
LOW	D	-1.57%
LLY	F	-1.46%
GE	D	-0.9%
MPWR	F	-0.85%
HUBS	A	-0.76%
CRM	B	-0.75%
ALNY	D	-0.71%
FLEX	A	-0.69%
DHR	F	-0.68%
TJX	A	-0.63%
UNH	C	-0.62%
BLD	D	-0.58%
CVNA	B	-0.57%
TMO	F	-0.57%
BLDR	D	-0.57%
SHOP	B	-0.55%
ICE	C	-0.54%
XOM	B	-0.53%
IR	B	-0.51%
HWM	A	-0.5%
WMT	A	-0.49%
CMG	B	-0.49%
RH	B	-0.48%
EME	C	-0.46%
COIN	C	-0.45%
GEV	B	-0.44%
SNAP	C	-0.44%
PODD	C	-0.42%
NTNX	A	-0.42%
ROKU	D	-0.38%
FIX	A	-0.37%
BRKR	D	-0.36%
FSLR	F	-0.33%
DPZ	C	-0.33%
HQY	B	-0.33%
FLYW	C	-0.32%
VMC	B	-0.32%
SQ	B	-0.31%
EXAS	D	-0.3%
NVO	D	-0.28%
ARGX	A	-0.27%
HOOD	B	-0.26%
PM	B	-0.24%
PCVX	D	-0.24%
TEVA	D	-0.24%
DKS	C	-0.23%
ITCI	C	-0.22%
TMDX	F	-0.21%
ATI	D	-0.19%
RRC	B	-0.19%
LYFT	C	-0.18%
IONS	F	-0.16%
NUVL	D	-0.16%
RIVN	F	-0.14%
SE	B	-0.13%
RDDT	B	-0.12%
HOLX	D	-0.12%
ROIV	C	-0.1%
IDYA	F	-0.09%
LEGN	F	-0.07%
TGT	F	-0.07%
W	F	-0.03%