QQQ vs. FEX ETF Comparison

Comparison of PowerShares QQQ Trust, Series 1 (QQQ) to First Trust Large Cap Core AlphaDEX (FEX)

QQQ

PowerShares QQQ Trust, Series 1

QQQ Description

PowerShares Capital Management LLC is passionate about our goal of delivering the highest quality investment management available through one of the more benefit-rich investment vehicles ever created, the exchange-traded fund. PowerShares QQQ, formerly known as "QQQ" or the "NASDAQ-100 Index Tracking Stock", is an exchange-traded fund based on the Nasdaq-100 Index. The Fund will, under most circumstances, consists of all of stocks in the Index. The Index includes 100 of the largest domestic and international non-financial companies listed on the Nasdaq Stock Market based on market capitalization. The Fund and the Index are rebalanced quarterly and reconstituted annually.

Grade (RS Rating)

Last Trade

$481.95

Average Daily Volume

37,748,797

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

FEX

First Trust Large Cap Core AlphaDEX

FEX 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 Defined Large Cap Core 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 S&P to objectively identify and select stocks from the S&P 500(R) Index 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

$103.77

Average Daily Volume

22,522

Number of Holdings ^*

370

* may have additional holdings in another (foreign) market

Performance

Period	QQQ	FEX
30 Days	1.33%	1.60%
60 Days	7.55%	7.85%
90 Days	-1.71%	7.52%
12 Months	36.72%	32.54%

66 Overlapping Holdings

Symbol	Grade	Weight in QQQ	Weight in FEX	Overlap
AAPL	C	8.79%	0.18%	0.18%
ADBE	F	1.5%	0.08%	0.08%
ADI	C	0.76%	0.08%	0.08%
ADP	A	0.73%	0.1%	0.1%
ADSK	B	0.39%	0.09%	0.09%
AEP	C	0.35%	0.39%	0.35%
AMAT	B	1.13%	0.27%	0.27%
AMD	D	1.78%	0.08%	0.08%
AMGN	D	1.12%	0.36%	0.36%
AMZN	C	5.1%	0.33%	0.33%
AVGO	C	5.41%	0.36%	0.36%
BIIB	F	0.19%	0.14%	0.14%
BKNG	C	0.94%	0.34%	0.34%
BKR	B	0.23%	0.26%	0.23%
CDNS	D	0.49%	0.15%	0.15%
CEG	B	0.53%	0.43%	0.43%
CHTR	D	0.3%	0.28%	0.28%
CMCSA	B	1.04%	0.43%	0.43%
COST	C	2.62%	0.45%	0.45%
CPRT	B	0.33%	0.08%	0.08%
CRWD	D	0.43%	0.32%	0.32%
CSCO	A	1.4%	0.36%	0.36%
CTAS	B	0.55%	0.29%	0.29%
CTSH	B	0.25%	0.46%	0.25%
DDOG	D	0.23%	0.22%	0.22%
EA	D	0.25%	0.08%	0.08%
EXC	A	0.26%	0.39%	0.26%
FANG	D	0.2%	0.38%	0.2%
GEHC	C	0.28%	0.1%	0.1%
GOOGL	B	2.42%	0.37%	0.37%
HON	C	0.88%	0.08%	0.08%
INTC	D	0.67%	0.24%	0.24%
INTU	F	1.17%	0.16%	0.16%
ISRG	A	1.13%	0.37%	0.37%
KDP	C	0.33%	0.28%	0.28%
KHC	D	0.28%	0.36%	0.28%
KLAC	B	0.71%	0.23%	0.23%
LIN	B	1.51%	0.09%	0.09%
LRCX	D	0.72%	0.24%	0.24%
MAR	B	0.46%	0.25%	0.25%
MDLZ	C	0.65%	0.19%	0.19%
META	A	5.01%	0.46%	0.46%
MRVL	C	0.42%	0.09%	0.09%
MSFT	D	8.14%	0.16%	0.16%
NFLX	A	2.0%	0.35%	0.35%
NVDA	C	7.73%	0.39%	0.39%
NXPI	F	0.4%	0.21%	0.21%
ORLY	A	0.44%	0.18%	0.18%
PANW	D	0.72%	0.34%	0.34%
PCAR	D	0.34%	0.16%	0.16%
PYPL	C	0.54%	0.33%	0.33%
QCOM	D	1.26%	0.14%	0.14%
REGN	D	0.74%	0.17%	0.17%
ROP	C	0.39%	0.16%	0.16%
ROST	C	0.33%	0.26%	0.26%
SMCI	F	0.15%	0.09%	0.09%
SNPS	F	0.52%	0.21%	0.21%
TMUS	A	1.56%	0.29%	0.29%
TTD	C	0.32%	0.18%	0.18%
TTWO	F	0.17%	0.08%	0.08%
TXN	C	1.25%	0.09%	0.09%
VRSK	D	0.25%	0.16%	0.16%
VRTX	D	0.78%	0.24%	0.24%
WBD	D	0.13%	0.36%	0.13%
XEL	A	0.23%	0.4%	0.23%
ZS	F	0.17%	0.08%	0.08%

QQQ Overweight 35 Positions Relative to FEX

Symbol	Grade	Weight
TSLA	C	3.12%
GOOG	B	2.32%
PEP	D	1.53%
MU	D	0.8%
SBUX	B	0.72%
MELI	C	0.7%
GILD	A	0.68%
PDD	B	0.57%
ASML	F	0.53%
CSX	D	0.43%
FTNT	A	0.39%
ABNB	D	0.37%
DASH	B	0.36%
WDAY	D	0.34%
MNST	D	0.33%
PAYX	A	0.31%
AZN	D	0.3%
MCHP	F	0.28%
FAST	B	0.27%
ODFL	D	0.27%
IDXX	D	0.27%
CCEP	C	0.24%
ON	F	0.21%
LULU	D	0.21%
CDW	D	0.2%
CSGP	F	0.2%
ANSS	D	0.19%
DXCM	F	0.18%
TEAM	D	0.17%
MRNA	F	0.16%
GFS	F	0.15%
ILMN	B	0.14%
MDB	D	0.13%
ARM	C	0.12%
DLTR	F	0.1%

QQQ Underweight 304 Positions Relative to FEX

Symbol	Grade	Weight
DHI	C	-0.57%
IRM	A	-0.55%
VST	A	-0.54%
HWM	A	-0.53%
KKR	A	-0.52%
LEN	B	-0.51%
FOXA	A	-0.5%
HEI	A	-0.5%
BK	C	-0.5%
ETR	A	-0.5%
TT	A	-0.49%
EBAY	A	-0.49%
GE	C	-0.49%
GPN	F	-0.48%
CINF	A	-0.48%
FCNCA	D	-0.48%
PWR	B	-0.48%
CF	A	-0.47%
T	A	-0.47%
ACGL	A	-0.47%
WAB	A	-0.47%
GDDY	D	-0.47%
ANET	A	-0.46%
RCL	C	-0.46%
VRT	B	-0.46%
BRK.A	C	-0.46%
UAL	B	-0.45%
GRMN	D	-0.45%
SNA	A	-0.45%
SYF	B	-0.44%
APO	A	-0.44%
TJX	C	-0.44%
STX	B	-0.43%
GM	D	-0.43%
BAH	A	-0.43%
JPM	D	-0.43%
FICO	A	-0.43%
OC	C	-0.42%
ADM	D	-0.42%
LLY	D	-0.42%
EOG	B	-0.42%
EG	B	-0.42%
APTV	D	-0.42%
XOM	A	-0.42%
AFL	A	-0.41%
TEL	D	-0.41%
RS	D	-0.41%
MKL	C	-0.41%
NTAP	D	-0.4%
DECK	B	-0.4%
COP	D	-0.4%
AEE	A	-0.4%
LKQ	F	-0.4%
WEC	A	-0.4%
EQT	B	-0.4%
CVS	D	-0.4%
PSX	D	-0.39%
NUE	D	-0.39%
ED	A	-0.39%
HIG	A	-0.39%
STLD	B	-0.39%
TROW	D	-0.39%
MTB	C	-0.39%
ATO	A	-0.39%
CVX	B	-0.39%
MPC	F	-0.39%
CE	D	-0.39%
UHAL	A	-0.39%
CNC	F	-0.38%
CAG	D	-0.38%
DTE	A	-0.38%
CFG	D	-0.38%
BG	F	-0.38%
BRO	A	-0.38%
RF	C	-0.38%
CB	A	-0.38%
PCG	B	-0.38%
WPC	C	-0.38%
LII	C	-0.38%
MSI	A	-0.38%
SRE	A	-0.37%
HBAN	D	-0.37%
HAL	F	-0.37%
TDG	A	-0.37%
HPE	B	-0.37%
ERIE	A	-0.37%
KMI	A	-0.37%
PLTR	B	-0.37%
CTRA	D	-0.37%
KR	C	-0.37%
DGX	B	-0.37%
VZ	A	-0.36%
IPG	C	-0.36%
VLO	F	-0.36%
VTRS	D	-0.36%
DVN	F	-0.36%
BSX	A	-0.36%
SJM	C	-0.36%
COF	C	-0.36%
DE	A	-0.36%
JBL	D	-0.35%
LNG	A	-0.35%
ETN	C	-0.35%
L	D	-0.35%
INCY	B	-0.35%
DOV	C	-0.35%
CL	D	-0.35%
CCL	C	-0.34%
HLT	A	-0.34%
OXY	F	-0.34%
LYB	D	-0.33%
CRBG	C	-0.33%
LPLA	D	-0.33%
ZBH	F	-0.33%
DAL	C	-0.33%
MMM	C	-0.33%
AIG	F	-0.33%
APH	D	-0.32%
PHM	A	-0.32%
SWKS	F	-0.31%
FNF	A	-0.31%
URI	C	-0.31%
WFC	D	-0.31%
BEN	F	-0.31%
CMG	C	-0.31%
PNC	C	-0.3%
PEG	A	-0.3%
NEE	A	-0.3%
EIX	A	-0.3%
SSNC	C	-0.3%
STT	C	-0.3%
KIM	C	-0.3%
FE	B	-0.29%
FDX	D	-0.29%
USB	C	-0.29%
F	D	-0.29%
TYL	C	-0.29%
BBY	B	-0.29%
ZM	C	-0.29%
OKE	B	-0.29%
DUK	A	-0.29%
GIS	C	-0.29%
FITB	C	-0.29%
PKG	C	-0.29%
ORCL	B	-0.29%
TRV	C	-0.29%
NOW	C	-0.29%
CMS	A	-0.29%
D	A	-0.29%
WY	B	-0.29%
FSLR	C	-0.28%
CAT	A	-0.28%
TDY	A	-0.28%
CPB	D	-0.28%
JNJ	D	-0.28%
EQR	C	-0.28%
APD	C	-0.28%
JBHT	D	-0.27%
ECL	B	-0.27%
IR	A	-0.27%
NTNX	C	-0.27%
DPZ	D	-0.27%
MPWR	B	-0.27%
AJG	D	-0.27%
NTRS	C	-0.27%
CSL	A	-0.27%
GS	C	-0.27%
UBER	C	-0.26%
AZO	D	-0.26%
HRL	F	-0.26%
ROL	B	-0.26%
LUV	B	-0.26%
PSTG	F	-0.26%
RSG	D	-0.26%
TGT	C	-0.26%
EPAM	F	-0.26%
HSY	D	-0.26%
C	B	-0.25%
XYL	C	-0.25%
GPC	D	-0.25%
BAC	D	-0.25%
TXT	F	-0.25%
WM	B	-0.24%
DOW	B	-0.24%
CBRE	A	-0.23%
PINS	D	-0.23%
CNP	B	-0.23%
AXON	A	-0.22%
LMT	A	-0.21%
VTR	C	-0.21%
HCA	B	-0.21%
KVUE	C	-0.21%
KEY	C	-0.2%
LOW	A	-0.2%
BLK	A	-0.2%
PM	C	-0.2%
PH	A	-0.2%
WELL	C	-0.2%
LYV	A	-0.19%
ALNY	C	-0.19%
MO	D	-0.19%
AVB	C	-0.19%
KO	C	-0.19%
CMI	B	-0.19%
JCI	B	-0.19%
ESS	C	-0.19%
MCO	D	-0.19%
MANH	C	-0.19%
OMC	C	-0.19%
MDT	B	-0.19%
AWK	B	-0.19%
EXPE	B	-0.19%
NKE	D	-0.19%
MAA	C	-0.19%
GWW	A	-0.19%
MOH	D	-0.19%
ARES	A	-0.19%
MS	B	-0.18%
DLR	C	-0.18%
LHX	A	-0.18%
J	D	-0.18%
GD	A	-0.18%
MMC	D	-0.18%
BR	B	-0.18%
WSO	C	-0.18%
CI	D	-0.18%
SYK	C	-0.18%
WMB	A	-0.18%
PFG	C	-0.18%
WRB	B	-0.18%
CHD	C	-0.17%
OTIS	A	-0.17%
WLK	C	-0.17%
MTD	B	-0.17%
RJF	B	-0.17%
PPG	D	-0.17%
DKNG	D	-0.17%
ARE	D	-0.17%
UPS	D	-0.16%
ELV	F	-0.16%
RIVN	F	-0.15%
OKTA	F	-0.14%
MGM	D	-0.14%
HUM	F	-0.14%
K	B	-0.12%
TRU	A	-0.12%
IBM	B	-0.11%
RMD	C	-0.11%
DG	F	-0.11%
NSC	C	-0.1%
IT	C	-0.1%
GLW	B	-0.1%
RPM	A	-0.1%
AXP	A	-0.1%
BAX	D	-0.1%
SO	A	-0.1%
HUBB	A	-0.1%
SPGI	C	-0.1%
MKC	C	-0.1%
CPNG	C	-0.1%
PODD	C	-0.1%
WMT	A	-0.1%
PPL	A	-0.1%
RTX	A	-0.1%
POOL	B	-0.1%
TRGP	B	-0.1%
NOC	B	-0.1%
SNAP	D	-0.1%
PGR	C	-0.1%
NVR	A	-0.1%
TSCO	A	-0.09%
CRM	B	-0.09%
PRU	C	-0.09%
NET	D	-0.09%
DD	B	-0.09%
PG	C	-0.09%
TSN	D	-0.09%
SYY	B	-0.09%
CTVA	A	-0.09%
AMH	D	-0.09%
STE	D	-0.09%
HOLX	D	-0.09%
TMO	C	-0.09%
ABT	B	-0.09%
SPG	A	-0.09%
MA	A	-0.09%
DRI	C	-0.09%
FCX	B	-0.08%
NWSA	D	-0.08%
PTC	D	-0.08%
STZ	B	-0.08%
HPQ	C	-0.08%
BDX	B	-0.08%
EXPD	C	-0.08%
MLM	D	-0.08%
VMC	D	-0.08%
INVH	D	-0.08%
KMB	B	-0.08%
EL	D	-0.07%
ENTG	D	-0.07%
NBIX	F	-0.07%
BA	F	-0.07%
HUBS	D	-0.07%
EW	F	-0.06%