QQEW vs. HIBL ETF Comparison

Comparison of First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW) to Direxion Daily S&P 500 High Beta Bull 3X Shares (HIBL)

QQEW

First Trust NASDAQ-100 Equal Weighted Index Fund

QQEW 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 NASDAQ-100 Equal Weighted Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The NASDAQ-100 Equal Weighted Index(SM) is the equal-weighted version of the NASDAQ-100 Index(R) which includes 100 of the largest non-financial securities listed on NASDAQ(R) based on market capitalization. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$124.87

Average Daily Volume

71,758

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

HIBL

Direxion Daily S&P 500 High Beta Bull 3X Shares

HIBL Description

The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the S&P 500Â® High Beta Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. The index provider selects 100 securities to include in the index from the S&P 500Â® Index that have the highest sensitivity to market movements, or beta over the past 12 months as determined by the index provider. It is non-diversified.

Grade (RS Rating)

Last Trade

$43.38

Average Daily Volume

105,221

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	QQEW	HIBL
30 Days	1.00%	7.75%
60 Days	1.31%	-0.69%
90 Days	0.65%	4.36%
12 Months	19.00%	45.20%

36 Overlapping Holdings

Symbol	Grade	Weight in QQEW	Weight in HIBL	Overlap
ABNB	D	0.8%	0.68%	0.68%
ADBE	F	1.12%	0.67%	0.67%
ADI	C	0.97%	0.69%	0.69%
ADSK	C	1.09%	0.68%	0.68%
AMAT	D	0.79%	0.93%	0.79%
AMD	D	0.95%	1.26%	0.95%
AMZN	C	1.0%	0.73%	0.73%
ANSS	D	1.0%	0.6%	0.6%
AVGO	C	1.01%	1.11%	1.01%
BKNG	C	0.98%	0.59%	0.59%
CDNS	D	0.86%	0.79%	0.79%
CEG	C	0.88%	0.64%	0.64%
CPRT	D	0.93%	0.52%	0.52%
CRWD	D	0.69%	0.9%	0.69%
GOOG	D	0.44%	0.55%	0.44%
IDXX	C	1.02%	0.61%	0.61%
INTC	F	0.63%	0.6%	0.6%
INTU	C	1.04%	0.65%	0.65%
ISRG	B	1.16%	0.62%	0.62%
KLAC	D	0.91%	0.97%	0.91%
LRCX	F	0.72%	0.95%	0.72%
LULU	D	0.85%	0.57%	0.57%
MCHP	F	0.84%	0.84%	0.84%
META	B	1.08%	0.82%	0.82%
MU	F	0.63%	0.84%	0.63%
NVDA	D	0.96%	1.27%	0.96%
NXPI	F	0.84%	0.78%	0.78%
ON	D	1.03%	0.93%	0.93%
PANW	D	1.09%	0.69%	0.69%
PYPL	B	1.18%	0.66%	0.66%
QCOM	D	0.79%	0.83%	0.79%
SMCI	F	0.39%	1.54%	0.39%
SNPS	D	0.82%	0.75%	0.75%
TSLA	C	1.27%	1.08%	1.08%
TXN	C	1.02%	0.58%	0.58%
WBD	D	1.08%	0.47%	0.47%

QQEW Overweight 65 Positions Relative to HIBL

Symbol	Grade	Weight
MELI	B	1.36%
MDB	D	1.32%
FTNT	C	1.29%
SBUX	C	1.26%
ILMN	C	1.21%
XEL	B	1.21%
AEP	C	1.2%
GILD	B	1.19%
CTAS	B	1.18%
CHTR	D	1.18%
DASH	C	1.16%
TMUS	C	1.16%
EXC	C	1.16%
WDAY	D	1.16%
ADP	B	1.14%
CTSH	C	1.13%
MDLZ	B	1.13%
GEHC	C	1.12%
REGN	C	1.12%
ODFL	D	1.11%
TTD	B	1.09%
AMGN	B	1.09%
AAPL	C	1.09%
CCEP	B	1.09%
KDP	B	1.09%
COST	B	1.09%
PEP	C	1.08%
PAYX	C	1.08%
KHC	C	1.08%
FAST	C	1.08%
CSGP	D	1.07%
LIN	B	1.07%
EA	D	1.06%
CSCO	C	1.06%
MRVL	C	1.05%
ORLY	C	1.05%
VRTX	D	1.04%
CMCSA	D	1.04%
ROST	C	1.04%
BKR	C	1.03%
MNST	D	1.03%
TEAM	D	1.03%
AZN	D	1.02%
NFLX	B	1.02%
CSX	D	1.02%
VRSK	D	1.01%
ROP	C	1.0%
TTWO	C	0.99%
HON	D	0.97%
MAR	C	0.96%
MSFT	C	0.96%
DDOG	D	0.95%
CDW	D	0.94%
ZS	F	0.94%
FANG	D	0.91%
PCAR	D	0.91%
BIIB	F	0.9%
ARM	D	0.88%
GFS	F	0.79%
ASML	F	0.78%
PDD	F	0.69%
DLTR	F	0.64%
DXCM	F	0.6%
MRNA	F	0.53%
GOOGL	D	0.44%

QQEW Underweight 64 Positions Relative to HIBL

Symbol	Grade	Weight
MPWR	C	-1.31%
TER	D	-1.12%
ALB	D	-1.02%
BLDR	C	-1.0%
ANET	B	-0.93%
ENPH	D	-0.92%
CZR	C	-0.9%
NCLH	C	-0.88%
CCL	C	-0.85%
ALGN	D	-0.81%
GNRC	D	-0.81%
WDC	D	-0.8%
URI	B	-0.8%
FSLR	C	-0.78%
ORCL	C	-0.75%
BXP	B	-0.74%
BX	B	-0.74%
NOW	B	-0.73%
UBER	C	-0.72%
CARR	B	-0.72%
PWR	B	-0.72%
SWKS	D	-0.71%
KKR	B	-0.7%
QRVO	F	-0.69%
KEYS	C	-0.68%
AAL	D	-0.68%
PODD	B	-0.68%
HUBB	B	-0.67%
RCL	B	-0.67%
DAY	D	-0.67%
JBL	D	-0.67%
ETN	C	-0.67%
PHM	B	-0.66%
RMD	C	-0.64%
ZBRA	B	-0.64%
CRM	D	-0.64%
ARE	C	-0.64%
UAL	C	-0.64%
PH	B	-0.63%
EFX	B	-0.63%
DHI	B	-0.62%
VST	C	-0.62%
MHK	C	-0.61%
AES	C	-0.6%
DECK	C	-0.6%
LEN	B	-0.6%
FICO	B	-0.6%
KEY	B	-0.59%
LW	D	-0.59%
FCX	D	-0.59%
ROK	D	-0.59%
KMX	D	-0.58%
CRL	F	-0.58%
APH	D	-0.56%
GE	B	-0.56%
IQV	C	-0.56%
IVZ	B	-0.55%
ETSY	F	-0.54%
APTV	D	-0.54%
MGM	F	-0.54%
TROW	D	-0.54%
EPAM	F	-0.51%
MLM	D	-0.49%
BBWI	F	-0.47%