QQQE vs. RAVI ETF Comparison

Comparison of Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) to FlexShares Ready Access Variable Income Fund (RAVI)

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

$90.85

Average Daily Volume

230,879

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

RAVI

FlexShares Ready Access Variable Income Fund

RAVI Description

The investment seeks maximum current income consistent with the preservation of capital and liquidity. The fund seeks to achieve the investment objective by investing at least 65% of its total assets in a non-diversified portfolio of fixed income instruments, including bonds, debt securities and other similar instruments issued by U.S. and non-U.S. public and private sector entities. The dollar-weighted average portfolio maturity of the fund is normally not expected to exceed two years. It may invest up to 20% of its total assets in fixed income securities and instruments of issuers in emerging markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$75.38

Average Daily Volume

71,136

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	QQQE	RAVI
30 Days	-0.44%	0.33%
60 Days	2.78%	0.67%
90 Days	2.90%	1.29%
12 Months	18.70%	5.49%

13 Overlapping Holdings

Symbol	Grade	Weight in QQQE	Weight in RAVI	Overlap
AEP	C	0.97%	0.38%	0.38%
AMZN	B	1.03%	0.42%	0.42%
AZN	F	0.83%	0.15%	0.15%
CMCSA	B	1.04%	0.28%	0.28%
GILD	B	1.06%	0.59%	0.59%
KDP	D	0.86%	0.95%	0.86%
MCHP	F	0.96%	0.22%	0.22%
MDLZ	F	0.92%	0.09%	0.09%
NVDA	B	1.19%	0.52%	0.52%
PCAR	B	1.08%	0.05%	0.05%
PYPL	A	1.02%	0.95%	0.95%
ROP	C	0.96%	0.07%	0.07%
SBUX	A	1.0%	0.18%	0.18%

QQQE Overweight 88 Positions Relative to RAVI

Symbol	Grade	Weight
TEAM	A	1.34%
LULU	C	1.2%
PDD	F	1.2%
BKNG	A	1.19%
MRVL	B	1.16%
ILMN	C	1.16%
CHTR	B	1.14%
MU	D	1.14%
TMUS	A	1.12%
DASH	B	1.12%
EA	A	1.1%
TTWO	A	1.09%
FAST	B	1.09%
TTD	B	1.08%
ZS	B	1.07%
DDOG	B	1.07%
NFLX	A	1.07%
ADSK	B	1.07%
VRTX	C	1.06%
PANW	B	1.06%
CSCO	B	1.06%
MAR	A	1.05%
CDNS	B	1.05%
ODFL	B	1.05%
INTC	C	1.05%
BKR	A	1.05%
ADP	B	1.04%
TSLA	B	1.04%
VRSK	B	1.04%
MNST	D	1.04%
ISRG	A	1.04%
ORLY	A	1.03%
PAYX	B	1.03%
GFS	C	1.03%
ABNB	C	1.03%
XEL	A	1.02%
CTAS	B	1.01%
CRWD	B	1.01%
HON	A	1.01%
CPRT	A	1.01%
SNPS	C	1.01%
ARM	F	1.0%
ANSS	B	1.0%
FTNT	A	1.0%
AVGO	C	1.0%
META	C	1.0%
ON	F	0.99%
MELI	D	0.98%
TXN	C	0.98%
WBD	B	0.98%
CTSH	B	0.98%
PEP	F	0.97%
COST	B	0.97%
QCOM	F	0.97%
MDB	C	0.97%
LRCX	F	0.97%
AMAT	F	0.96%
FANG	D	0.96%
WDAY	B	0.96%
CSGP	F	0.96%
CSX	B	0.96%
GEHC	D	0.96%
AAPL	C	0.96%
DXCM	C	0.96%
CCEP	D	0.95%
LIN	D	0.95%
NXPI	F	0.95%
EXC	C	0.94%
KHC	F	0.94%
INTU	A	0.94%
ADI	D	0.94%
MSFT	D	0.93%
AMGN	D	0.93%
DLTR	F	0.92%
ADBE	F	0.92%
ROST	D	0.91%
CEG	D	0.9%
AMD	F	0.89%
KLAC	F	0.87%
BIIB	F	0.87%
ASML	F	0.84%
CDW	F	0.84%
IDXX	F	0.81%
MRNA	F	0.8%
REGN	F	0.71%
SMCI	F	0.6%
GOOGL	B	0.51%
GOOG	B	0.51%

QQQE Underweight 88 Positions Relative to RAVI

Symbol	Grade	Weight
VLO	C	-1.51%
ED	D	-1.05%
OGS	A	-1.05%
OTIS	D	-0.95%
DHR	D	-0.86%
LYB	F	-0.83%
DTE	C	-0.77%
GE	D	-0.76%
TSN	A	-0.7%
WM	B	-0.69%
CI	D	-0.67%
CM	B	-0.62%
GP	F	-0.59%
TFC	A	-0.59%
AIG	B	-0.57%
SJM	F	-0.57%
NEE	C	-0.57%
BAC	A	-0.57%
AZO	C	-0.52%
BNS	A	-0.52%
D	C	-0.51%
BDX	F	-0.51%
TD	D	-0.51%
RY	C	-0.51%
SYK	A	-0.49%
CCI	D	-0.49%
AON	A	-0.46%
UNH	B	-0.43%
BMY	B	-0.43%
SCHW	A	-0.42%
CRM	A	-0.4%
VFC	B	-0.39%
OGE	A	-0.39%
ETR	A	-0.38%
CVX	A	-0.33%
NDAQ	A	-0.31%
ARCC	A	-0.3%
T	A	-0.3%
HSBC	A	-0.29%
CFG	A	-0.29%
MLM	B	-0.28%
DELL	C	-0.28%
DB	C	-0.28%
CP	D	-0.27%
WFC	A	-0.26%
CAT	B	-0.26%
CLX	A	-0.26%
LEN	D	-0.26%
SO	C	-0.26%
ATHS	C	-0.26%
GS	A	-0.26%
AL	A	-0.25%
C	A	-0.24%
CMS	C	-0.24%
FIS	B	-0.23%
FITB	A	-0.22%
PPL	A	-0.22%
FOXA	A	-0.21%
NYC	C	-0.21%
CNP	A	-0.2%
LUV	A	-0.18%
MKC	D	-0.17%
AEE	A	-0.17%
BHF	A	-0.17%
CVS	F	-0.16%
KEY	A	-0.16%
SEB	F	-0.16%
UBS	B	-0.16%
PSX	C	-0.16%
NWG	A	-0.15%
BA	F	-0.15%
ICE	D	-0.15%
MUFG	A	-0.14%
MET	A	-0.13%
DHI	D	-0.13%
AMT	D	-0.13%
CNH	D	-0.13%
ABBV	F	-0.13%
HPE	B	-0.11%
EFX	F	-0.1%
GM	A	-0.1%
VZ	C	-0.1%
R	A	-0.08%
HRL	D	-0.07%
DUK	C	-0.07%
COF	A	-0.06%
MS	A	-0.06%
JPM	A	-0.03%