QQQE vs. FDMO ETF Comparison
Comparison of Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) to Fidelity Momentum Factor ETF (FDMO)
QQQE
Direxion NASDAQ-100 Equal Weighted Index Shares
QQQE Description
The investment seeks investment results, before fees and expenses, that track the NASDAQ-100® 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 Index® which includes 100 of the largest domestic and international non-financial securities listed on The NASDAQ® Stock Market (the "NASDAQ®") based on market capitalization. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$89.27
Average Daily Volume
296,040
Number of Holdings
*
101
* may have additional holdings in another (foreign) market
FDMO
Fidelity Momentum Factor ETF
FDMO Description
The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Momentum Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Momentum Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies that exhibit positive momentum signals.Grade (RS Rating)
Last Trade
$65.62
Average Daily Volume
43,049
Number of Holdings
*
122
* may have additional holdings in another (foreign) market
Performance
| Period | QQQE | FDMO |
|---|---|---|
| 30 Days | 1.52% | 3.94% |
| 60 Days | 6.03% | 8.84% |
| 90 Days | -0.84% | 1.33% |
| 12 Months | 21.42% | 42.67% |
22 Overlapping Holdings
| Symbol | Grade | Weight in QQQE | Weight in FDMO | Overlap | |
|---|---|---|---|---|---|
| AEP | C | 0.98% | 0.25% | 0.25% | |
| AMAT | B | 1.05% | 1.43% | 1.05% | |
| AMGN | D | 0.94% | 0.96% | 0.94% | |
| AMZN | C | 0.97% | 3.6% | 0.97% | |
| AVGO | C | 1.0% | 2.64% | 1.0% | |
| BKNG | C | 1.03% | 0.73% | 0.73% | |
| CEG | A | 0.99% | 0.38% | 0.38% | |
| COST | C | 0.96% | 0.97% | 0.96% | |
| CRWD | D | 0.94% | 1.5% | 0.94% | |
| CTAS | C | 0.98% | 0.51% | 0.51% | |
| FANG | C | 0.93% | 0.26% | 0.26% | |
| GOOGL | B | 0.49% | 3.59% | 0.49% | |
| ISRG | C | 0.97% | 1.04% | 0.97% | |
| KLAC | B | 1.02% | 1.31% | 1.02% | |
| LIN | B | 1.0% | 0.56% | 0.56% | |
| META | A | 1.0% | 2.62% | 1.0% | |
| MSFT | D | 0.97% | 6.99% | 0.97% | |
| MU | D | 1.17% | 1.32% | 1.17% | |
| NFLX | B | 1.0% | 0.82% | 0.82% | |
| NVDA | B | 1.03% | 6.59% | 1.03% | |
| REGN | D | 0.9% | 0.85% | 0.85% | |
| TMUS | A | 1.01% | 0.44% | 0.44% |
QQQE Overweight 79 Positions Relative to FDMO
| Symbol | Grade | Weight | |
|---|---|---|---|
| PDD | B | 1.34% | |
| TSLA | C | 1.08% | |
| INTC | D | 1.08% | |
| LRCX | D | 1.06% | |
| LULU | D | 1.05% | |
| ON | F | 1.05% | |
| AMD | B | 1.04% | |
| NXPI | F | 1.04% | |
| ASML | F | 1.04% | |
| MCHP | F | 1.03% | |
| ARM | C | 1.03% | |
| ORLY | A | 1.02% | |
| MAR | B | 1.02% | |
| EA | D | 1.02% | |
| CMCSA | C | 1.02% | |
| GFS | F | 1.02% | |
| DLTR | F | 1.01% | |
| CSCO | A | 1.01% | |
| HON | C | 1.01% | |
| ADI | C | 1.01% | |
| MNST | D | 1.01% | |
| TTWO | F | 1.01% | |
| TXN | C | 1.01% | |
| IDXX | D | 1.0% | |
| FAST | C | 1.0% | |
| KHC | F | 1.0% | |
| CPRT | C | 1.0% | |
| SNPS | F | 1.0% | |
| SBUX | C | 1.0% | |
| ODFL | F | 1.0% | |
| PYPL | C | 1.0% | |
| ANSS | D | 1.0% | |
| CTSH | B | 1.0% | |
| WBD | D | 1.0% | |
| ADSK | C | 1.0% | |
| DASH | B | 1.0% | |
| GEHC | C | 1.0% | |
| MDLZ | D | 0.99% | |
| KDP | C | 0.99% | |
| TTD | A | 0.99% | |
| MRNA | F | 0.99% | |
| CDNS | D | 0.99% | |
| EXC | A | 0.99% | |
| BKR | B | 0.99% | |
| CDW | D | 0.99% | |
| XEL | B | 0.99% | |
| QCOM | C | 0.99% | |
| FTNT | B | 0.99% | |
| AZN | D | 0.98% | |
| ILMN | B | 0.98% | |
| PCAR | C | 0.98% | |
| ROP | C | 0.98% | |
| PEP | F | 0.98% | |
| ZS | F | 0.98% | |
| DDOG | C | 0.98% | |
| VRTX | D | 0.98% | |
| GILD | A | 0.98% | |
| VRSK | C | 0.98% | |
| PAYX | A | 0.98% | |
| AAPL | C | 0.98% | |
| WDAY | D | 0.97% | |
| MELI | D | 0.97% | |
| ROST | D | 0.97% | |
| ADBE | F | 0.97% | |
| PANW | D | 0.97% | |
| ADP | A | 0.97% | |
| CHTR | D | 0.97% | |
| CSX | D | 0.97% | |
| TEAM | D | 0.97% | |
| CSGP | F | 0.96% | |
| CCEP | D | 0.96% | |
| BIIB | F | 0.96% | |
| ABNB | D | 0.96% | |
| INTU | F | 0.95% | |
| MRVL | B | 0.95% | |
| MDB | D | 0.95% | |
| DXCM | F | 0.94% | |
| SMCI | F | 0.91% | |
| GOOG | B | 0.5% |
QQQE Underweight 100 Positions Relative to FDMO
| Symbol | Grade | Weight | |
|---|---|---|---|
| LLY | D | -2.03% | |
| APP | A | -2.0% | |
| BRK.A | C | -2.0% | |
| JPM | D | -1.54% | |
| ANET | A | -1.45% | |
| ABBV | B | -1.34% | |
| APH | D | -1.29% | |
| GDDY | D | -1.26% | |
| V | C | -1.26% | |
| HD | A | -1.25% | |
| DELL | C | -1.23% | |
| XOM | A | -1.23% | |
| MRK | F | -1.22% | |
| PG | D | -1.0% | |
| BSX | A | -0.98% | |
| WMT | A | -0.92% | |
| BAC | D | -0.92% | |
| ELV | F | -0.86% | |
| NTRA | B | -0.85% | |
| WFC | F | -0.78% | |
| PGR | C | -0.78% | |
| CAT | A | -0.78% | |
| GE | C | -0.77% | |
| KO | C | -0.76% | |
| THC | D | -0.76% | |
| AXP | B | -0.74% | |
| UBER | C | -0.72% | |
| GS | D | -0.71% | |
| TJX | D | -0.69% | |
| RTX | A | -0.69% | |
| CB | B | -0.68% | |
| MCK | F | -0.65% | |
| C | C | -0.64% | |
| ETN | C | -0.64% | |
| KKR | C | -0.62% | |
| VZ | B | -0.6% | |
| CMG | C | -0.6% | |
| PM | D | -0.59% | |
| TT | A | -0.58% | |
| HLT | B | -0.58% | |
| T | A | -0.55% | |
| CVNA | A | -0.55% | |
| ALL | C | -0.55% | |
| TDG | B | -0.55% | |
| VRT | B | -0.53% | |
| HIG | B | -0.52% | |
| WING | C | -0.51% | |
| GD | C | -0.5% | |
| WM | B | -0.5% | |
| DECK | B | -0.49% | |
| HOOD | C | -0.49% | |
| NEE | A | -0.49% | |
| WSM | B | -0.48% | |
| WAB | B | -0.47% | |
| JXN | A | -0.46% | |
| LDOS | A | -0.45% | |
| FIX | B | -0.45% | |
| EME | C | -0.45% | |
| RSG | C | -0.44% | |
| CSL | A | -0.43% | |
| ANF | F | -0.42% | |
| COIN | F | -0.39% | |
| CL | D | -0.39% | |
| OKE | A | -0.35% | |
| SO | A | -0.34% | |
| WMB | A | -0.34% | |
| DUK | B | -0.33% | |
| AMT | C | -0.33% | |
| MPC | C | -0.32% | |
| VST | B | -0.32% | |
| TRGP | A | -0.31% | |
| PSX | D | -0.31% | |
| SHW | C | -0.3% | |
| EQIX | C | -0.29% | |
| FCX | B | -0.28% | |
| WELL | C | -0.28% | |
| SFM | A | -0.27% | |
| PEG | A | -0.26% | |
| FRPT | C | -0.26% | |
| ECL | B | -0.25% | |
| CASY | D | -0.25% | |
| PSA | C | -0.25% | |
| SPG | A | -0.24% | |
| DLR | C | -0.23% | |
| NRG | A | -0.23% | |
| FTI | B | -0.23% | |
| EXR | C | -0.21% | |
| IRM | A | -0.2% | |
| AVB | C | -0.19% | |
| IFF | C | -0.18% | |
| WFRD | F | -0.18% | |
| PKG | B | -0.17% | |
| MLM | F | -0.17% | |
| ELF | F | -0.16% | |
| AVY | D | -0.16% | |
| LAMR | C | -0.16% | |
| STLD | B | -0.16% | |
| ESS | D | -0.16% | |
| CRS | C | -0.15% | |
| SLG | C | -0.14% |
QQQE: Top Represented Industries & Keywords
Industries:
Semiconductors
Software - Application
Beverages - Soft Drinks
Business Services
Drug Manufacturers - Major
Semiconductor Equipment & Materials
Specialty Retail
Biotechnology
Diagnostics & Research
Internet Content & Information
Software - Infrastructure
Apparel Stores
Discount Stores
Diversified Industrials
Electronic Gaming & Multimedia
Information Technology Services
Internet Content & Information
Pay TV
Utilities - Regulated Electric
Auto & Truck Dealerships
FDMO: Top Represented Industries & Keywords
Industries:
Banks - Global
Drug Manufacturers - Major
Specialty Chemicals
Telecom Services
Utilities - Regulated Electric
Aerospace & Defense
Household & Personal Products
Insurance - Property & Casualty
Internet Content & Information
Oil & Gas Midstream
Software - Application
Software - Infrastructure
Specialty Industrial Machinery
Specialty Retail
Apparel Stores
Asset Management
Business Services
Computer Systems
Conglomerates
Credit Services
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