QQQE vs. EMLP ETF Comparison

Comparison of Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) to First Trust North American Energy Infrastructure Fund (EMLP)

QQQE

Direxion NASDAQ-100 Equal Weighted Index Shares

QQQE Description

The investment seeks investment results, before fees and expenses, that track the NASDAQ-100Â® Equal Weighted Index. The fund invests at least 80% of its assets in the equity securities that comprise the index and/or investments that have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is the equal weighted version of the NASDAQ-100 IndexÂ® which includes 100 of the largest domestic and international non-financial securities listed on The NASDAQÂ® Stock Market (the "NASDAQÂ®") based on market capitalization. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$89.48

Average Daily Volume

358,528

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

EMLP

First Trust North American Energy Infrastructure Fund

EMLP Description

The investment seeks total return. The fund invests at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in equity securities of companies deemed by the sub-advisor to be engaged in the energy infrastructure sector. These companies principally include publicly-traded master limited partnerships and limited liability companies taxed as partnerships ("MLPs"), MLP affiliates, Canadian income trusts and their successor companies, pipeline companies, utilities, and other companies. It is non-diversified.

Grade (RS Rating)

Last Trade

$33.64

Average Daily Volume

166,605

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QQQE	EMLP
30 Days	-0.22%	3.67%
60 Days	-0.29%	5.72%
90 Days	0.33%	10.88%
12 Months	21.28%	25.50%

4 Overlapping Holdings

Symbol	Grade	Weight in QQQE	Weight in EMLP	Overlap
AEP	C	1.2%	2.44%	1.2%
CEG	A	0.88%	0.24%	0.24%
EXC	B	1.16%	0.11%	0.11%
XEL	B	1.21%	1.26%	1.21%

QQQE Overweight 97 Positions Relative to EMLP

Symbol	Grade	Weight
MELI	B	1.36%
MDB	D	1.32%
FTNT	B	1.29%
TSLA	C	1.27%
SBUX	C	1.26%
ILMN	C	1.21%
GILD	B	1.19%
PYPL	B	1.18%
CTAS	C	1.18%
CHTR	D	1.18%
ISRG	C	1.16%
DASH	B	1.16%
TMUS	C	1.16%
WDAY	D	1.16%
ADP	B	1.14%
CTSH	C	1.13%
MDLZ	C	1.13%
ADBE	F	1.12%
GEHC	C	1.12%
REGN	C	1.12%
ODFL	D	1.11%
ADSK	C	1.09%
AMGN	B	1.09%
AAPL	C	1.09%
CCEP	B	1.09%
PANW	C	1.09%
KDP	B	1.09%
COST	B	1.09%
META	A	1.08%
PAYX	C	1.08%
WBD	D	1.08%
KHC	C	1.08%
FAST	C	1.08%
TTD	B	1.08%
CSGP	D	1.07%
LIN	B	1.07%
PEP	D	1.07%
EA	D	1.06%
CSCO	B	1.06%
MRVL	C	1.05%
ORLY	D	1.05%
VRTX	D	1.04%
CMCSA	D	1.04%
ROST	C	1.04%
INTU	C	1.04%
BKR	C	1.03%
ON	F	1.03%
MNST	D	1.03%
TEAM	D	1.03%
AZN	D	1.02%
NFLX	B	1.02%
CSX	D	1.02%
TXN	C	1.02%
IDXX	D	1.02%
AVGO	C	1.01%
VRSK	D	1.01%
ROP	C	1.0%
AMZN	C	1.0%
ANSS	D	0.99%
BKNG	B	0.98%
TTWO	D	0.98%
HON	D	0.97%
ADI	C	0.97%
MAR	C	0.96%
MSFT	C	0.96%
DDOG	D	0.95%
AMD	D	0.95%
NVDA	D	0.95%
CDW	D	0.94%
ZS	F	0.94%
CPRT	D	0.92%
FANG	D	0.91%
PCAR	D	0.91%
KLAC	D	0.91%
BIIB	F	0.9%
ARM	C	0.88%
CDNS	D	0.86%
LULU	D	0.85%
NXPI	D	0.84%
MCHP	D	0.84%
SNPS	D	0.82%
ABNB	D	0.8%
QCOM	F	0.79%
AMAT	D	0.79%
GFS	F	0.79%
ASML	F	0.78%
LRCX	F	0.72%
CRWD	D	0.69%
PDD	F	0.69%
DLTR	F	0.64%
INTC	F	0.63%
MU	F	0.63%
DXCM	F	0.6%
MRNA	F	0.53%
GOOGL	D	0.44%
GOOG	D	0.44%
SMCI	F	0.39%

QQQE Underweight 46 Positions Relative to EMLP

Symbol	Grade	Weight
EPD	B	-8.43%
ET	B	-6.83%
OKE	B	-5.16%
PAGP	C	-4.66%
KMI	A	-4.48%
SRE	B	-4.05%
DTM	A	-3.97%
MPLX	B	-3.84%
TRGP	B	-3.11%
NFG	B	-2.99%
PEG	A	-2.69%
PPL	B	-2.54%
WMB	B	-2.18%
PWR	B	-2.13%
SO	A	-1.92%
ATO	B	-1.76%
LNT	B	-1.73%
LNG	C	-1.46%
WEC	B	-1.39%
ETR	A	-1.36%
CMS	B	-1.28%
EVRG	B	-1.2%
SUN	F	-1.17%
DTE	B	-1.15%
OGS	B	-1.1%
AES	C	-1.1%
FLR	D	-1.07%
CQP	F	-0.87%
VST	A	-0.86%
WLKP	D	-0.83%
DUK	B	-0.78%
NEP	C	-0.76%
HESM	D	-0.69%
CNP	D	-0.63%
WTRG	D	-0.63%
D	B	-0.54%
CWEN	B	-0.53%
AROC	D	-0.51%
IDA	C	-0.5%
NJR	B	-0.47%
AEE	A	-0.28%
CPK	B	-0.25%
USAC	D	-0.12%
UGI	C	-0.08%
AWK	C	-0.06%
ENLC	B	-0.0%