QQQE vs. MGK ETF Comparison

Comparison of Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) to Vanguard Mega Cap Growth ETF (MGK)

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

MGK

Vanguard Mega Cap Growth ETF

MGK Description

The investment seeks to track the performance of a benchmark index. The fund employs an indexing investment approach designed to track the performance of the CRSP US Mega Cap Growth Index, which represents the growth companies of the CRSP US Mega Cap Index. The index is a free-float-adjusted, market-capitalization-weighted index designed to measure equity market performance of mega-capitalization growth stocks. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$317.72

Average Daily Volume

416,145

Number of Holdings ^*

71

* may have additional holdings in another (foreign) market

Performance

Period	QQQE	MGK
30 Days	1.52%	3.33%
60 Days	6.03%	7.52%
90 Days	-0.84%	-2.54%
12 Months	21.42%	39.89%

39 Overlapping Holdings

	Symbol	Grade	Weight in QQQE	Weight in MGK	Overlap
	AAPL	C	0.98%	13.52%	0.98%
	ABNB	D	0.96%	0.31%	0.31%
	ADBE	F	0.97%	1.3%	0.97%
	ADP	A	0.97%	0.39%	0.39%
	ADSK	C	1.0%	0.39%	0.39%
	AMAT	B	1.05%	0.84%	0.84%
	AMD	B	1.04%	1.18%	1.04%
	AMZN	C	0.97%	4.54%	0.97%
	BKNG	C	1.03%	0.72%	0.72%
	CDNS	D	0.99%	0.44%	0.44%
	COST	C	0.96%	1.9%	0.96%
	CRWD	D	0.94%	0.38%	0.38%
	FTNT	B	0.99%	0.26%	0.26%
	GOOG	B	0.5%	3.02%	0.5%
	GOOGL	B	0.49%	3.67%	0.49%
	INTU	F	0.95%	0.88%	0.88%
	ISRG	C	0.97%	0.93%	0.93%
	KLAC	B	1.02%	0.62%	0.62%
	LIN	B	1.0%	0.65%	0.65%
	LRCX	D	1.06%	0.58%	0.58%
	LULU	D	1.05%	0.17%	0.17%
	MAR	B	1.02%	0.36%	0.36%
	META	A	1.0%	4.96%	1.0%
	MNST	D	1.01%	0.27%	0.27%
	MRVL	B	0.95%	0.29%	0.29%
	MSFT	D	0.97%	12.68%	0.97%
	NFLX	B	1.0%	1.48%	1.0%
	NVDA	B	1.03%	11.29%	1.03%
	ORLY	A	1.02%	0.44%	0.44%
	PANW	D	0.97%	0.67%	0.67%
	PAYX	A	0.98%	0.23%	0.23%
	ROST	D	0.97%	0.35%	0.35%
	SBUX	C	1.0%	0.62%	0.62%
	SNPS	F	1.0%	0.47%	0.47%
	TMUS	A	1.01%	0.6%	0.6%
	TSLA	C	1.08%	2.74%	1.08%
	TXN	C	1.01%	1.01%	1.01%
	VRTX	D	0.98%	0.7%	0.7%
	WDAY	D	0.97%	0.4%	0.4%

QQQE Overweight 62 Positions Relative to MGK

	Symbol	Grade	Weight
	PDD	B	1.34%
	MU	D	1.17%
	INTC	D	1.08%
	ON	F	1.05%
	NXPI	F	1.04%
	ASML	F	1.04%
	MCHP	F	1.03%
	ARM	C	1.03%
	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%
	TTWO	F	1.01%
	AVGO	C	1.0%
	IDXX	D	1.0%
	FAST	C	1.0%
	KHC	F	1.0%
	CPRT	C	1.0%
	ODFL	F	1.0%
	PYPL	C	1.0%
	ANSS	D	1.0%
	CTSH	B	1.0%
	WBD	D	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%
	EXC	A	0.99%
	BKR	B	0.99%
	CDW	D	0.99%
	XEL	B	0.99%
	QCOM	C	0.99%
	CEG	A	0.99%
	AZN	D	0.98%
	CTAS	C	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%
	GILD	A	0.98%
	AEP	C	0.98%
	VRSK	C	0.98%
	MELI	D	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%
	MDB	D	0.95%
	DXCM	F	0.94%
	AMGN	D	0.94%
	FANG	C	0.93%
	SMCI	F	0.91%
	REGN	D	0.9%

QQQE Underweight 32 Positions Relative to MGK

	Symbol	Grade	Weight
	LLY	D	-3.8%
	V	C	-2.06%
	MA	A	-1.92%
	CRM	B	-1.17%
	MCD	A	-1.07%
	NOW	C	-0.93%
	SPGI	B	-0.88%
	DIS	D	-0.85%
	UBER	C	-0.78%
	TJX	D	-0.73%
	BSX	A	-0.67%
	ACN	B	-0.63%
	AMT	C	-0.61%
	BA	F	-0.59%
	NKE	D	-0.56%
	ANET	A	-0.54%
	SHW	C	-0.53%
	MCO	D	-0.49%
	EQIX	C	-0.49%
	ZTS	C	-0.46%
	CMG	C	-0.45%
	ECL	B	-0.42%
	SYK	C	-0.4%
	BX	C	-0.38%
	AON	B	-0.31%
	EW	F	-0.29%
	SLB	D	-0.26%
	SNOW	F	-0.26%
	HLT	B	-0.26%
	AZO	D	-0.26%
	SQ	D	-0.21%
	EL	D	-0.18%

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

Keywords: Nasdaq 100 S&P 500 Computing Integrated Circuits Semiconductor Mobile Devices Work From Home Smartphones IBD 50 Software Cloud Computing Dow Jones Component Electronics Fabless Semiconductor Companies Electronic Design Medicine Natural Gas Power Management Cloud Infrastructure Electricity

MGK: Top Represented Industries & Keywords

Industries: Software - Application Semiconductors Apparel Stores Internet Content & Information Medical Devices Restaurants Semiconductor Equipment & Materials Specialty Chemicals Specialty Retail Business Services Capital Markets Credit Services Lodging Media - Diversified Software - Infrastructure Telecom Services Aerospace & Defense Asset Management Auto Manufacturers Beverages - Soft Drinks

Keywords: S&P 500 Nasdaq 100 Computing Dow Jones Component Work From Home IBD 50 Integrated Circuits Mobile Devices Semiconductor Smartphones Cloud Computing Electronics Software Hyperscale Operating System Ethernet Medicine Payment Systems Retailing Software As A Service