QQQE vs. SPLV ETF Comparison
Comparison of Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) to PowerShares S&P 500 Low Volatility Portfolio ETF (SPLV)
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
$89.02
Average Daily Volume
299,437
Number of Holdings
*
101
* may have additional holdings in another (foreign) market
SPLV
PowerShares S&P 500 Low Volatility Portfolio ETF
SPLV Description
The PowerShares S&P 500 Low Volatility Portfolio (Fund) is based on the S&P 500 Low Volatility Index (Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poor's and consists of the 100 stocks from the S&P 500 Index with the lowest realized volatility over the past 12 months. Volatility is a statistical measurement of the magnitude of up and down asset price fluctuations over time. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.Grade (RS Rating)
Last Trade
$71.14
Average Daily Volume
1,999,731
Number of Holdings
*
97
* may have additional holdings in another (foreign) market
Performance
| Period | QQQE | SPLV |
|---|---|---|
| 30 Days | 0.22% | 0.94% |
| 60 Days | 6.46% | 5.19% |
| 90 Days | 0.38% | 10.86% |
| 12 Months | 23.31% | 25.95% |
15 Overlapping Holdings
| Symbol | Grade | Weight in QQQE | Weight in SPLV | Overlap | |
|---|---|---|---|---|---|
| ADP | A | 0.97% | 0.98% | 0.97% | |
| COST | C | 0.96% | 0.97% | 0.96% | |
| CSCO | A | 1.01% | 1.03% | 1.01% | |
| CSX | D | 0.97% | 0.94% | 0.94% | |
| CTAS | B | 0.98% | 0.96% | 0.96% | |
| EA | D | 1.02% | 0.87% | 0.87% | |
| HON | C | 1.01% | 1.07% | 1.01% | |
| KDP | C | 0.99% | 0.98% | 0.98% | |
| LIN | B | 1.0% | 1.13% | 1.0% | |
| MDLZ | C | 0.99% | 1.01% | 0.99% | |
| PAYX | A | 0.98% | 0.93% | 0.93% | |
| PEP | D | 0.98% | 0.96% | 0.96% | |
| REGN | D | 0.9% | 0.91% | 0.9% | |
| ROP | C | 0.98% | 1.07% | 0.98% | |
| TMUS | A | 1.01% | 1.26% | 1.01% |
QQQE Overweight 86 Positions Relative to SPLV
| Symbol | Grade | Weight | |
|---|---|---|---|
| PDD | B | 1.34% | |
| MU | D | 1.17% | |
| TSLA | C | 1.08% | |
| INTC | D | 1.08% | |
| LRCX | D | 1.06% | |
| LULU | D | 1.05% | |
| AMAT | B | 1.05% | |
| ON | F | 1.05% | |
| AMD | D | 1.04% | |
| NXPI | F | 1.04% | |
| ASML | F | 1.04% | |
| BKNG | C | 1.03% | |
| MCHP | F | 1.03% | |
| NVDA | C | 1.03% | |
| ARM | C | 1.03% | |
| KLAC | B | 1.02% | |
| ORLY | A | 1.02% | |
| MAR | B | 1.02% | |
| CMCSA | B | 1.02% | |
| GFS | F | 1.02% | |
| DLTR | F | 1.01% | |
| ADI | C | 1.01% | |
| MNST | D | 1.01% | |
| TTWO | F | 1.01% | |
| TXN | C | 1.01% | |
| NFLX | A | 1.0% | |
| AVGO | C | 1.0% | |
| IDXX | D | 1.0% | |
| META | A | 1.0% | |
| FAST | B | 1.0% | |
| KHC | D | 1.0% | |
| CPRT | B | 1.0% | |
| SNPS | F | 1.0% | |
| SBUX | B | 1.0% | |
| ODFL | D | 1.0% | |
| PYPL | C | 1.0% | |
| ANSS | D | 1.0% | |
| CTSH | B | 1.0% | |
| WBD | D | 1.0% | |
| ADSK | B | 1.0% | |
| DASH | A | 1.0% | |
| GEHC | C | 1.0% | |
| TTD | C | 0.99% | |
| MRNA | F | 0.99% | |
| CDNS | D | 0.99% | |
| EXC | A | 0.99% | |
| BKR | B | 0.99% | |
| CDW | D | 0.99% | |
| XEL | A | 0.99% | |
| QCOM | D | 0.99% | |
| CEG | B | 0.99% | |
| FTNT | A | 0.99% | |
| AZN | D | 0.98% | |
| ILMN | B | 0.98% | |
| PCAR | D | 0.98% | |
| ZS | F | 0.98% | |
| DDOG | D | 0.98% | |
| VRTX | D | 0.98% | |
| GILD | A | 0.98% | |
| AEP | C | 0.98% | |
| VRSK | D | 0.98% | |
| AAPL | C | 0.98% | |
| AMZN | C | 0.97% | |
| WDAY | D | 0.97% | |
| MELI | C | 0.97% | |
| ROST | C | 0.97% | |
| MSFT | D | 0.97% | |
| ISRG | A | 0.97% | |
| ADBE | F | 0.97% | |
| PANW | D | 0.97% | |
| CHTR | D | 0.97% | |
| TEAM | D | 0.97% | |
| CSGP | F | 0.96% | |
| CCEP | C | 0.96% | |
| BIIB | F | 0.96% | |
| ABNB | D | 0.96% | |
| INTU | F | 0.95% | |
| MRVL | C | 0.95% | |
| MDB | F | 0.95% | |
| CRWD | D | 0.94% | |
| DXCM | F | 0.94% | |
| AMGN | D | 0.94% | |
| FANG | D | 0.93% | |
| SMCI | F | 0.91% | |
| GOOG | B | 0.5% | |
| GOOGL | B | 0.49% |
QQQE Underweight 82 Positions Relative to SPLV
| Symbol | Grade | Weight | |
|---|---|---|---|
| BRK.A | C | -1.4% | |
| KO | C | -1.31% | |
| V | C | -1.2% | |
| RSG | D | -1.2% | |
| L | D | -1.18% | |
| PG | C | -1.17% | |
| CL | D | -1.16% | |
| MMC | D | -1.16% | |
| WMT | A | -1.16% | |
| TJX | C | -1.13% | |
| MA | A | -1.12% | |
| ITW | A | -1.1% | |
| MCD | A | -1.1% | |
| BK | C | -1.08% | |
| JNJ | D | -1.08% | |
| ATO | A | -1.07% | |
| AMP | A | -1.06% | |
| KMI | A | -1.06% | |
| CB | A | -1.06% | |
| ICE | A | -1.05% | |
| MSI | A | -1.05% | |
| PM | C | -1.04% | |
| CME | A | -1.04% | |
| HIG | A | -1.03% | |
| AVY | C | -1.03% | |
| MET | A | -1.03% | |
| DRI | C | -1.02% | |
| OKE | B | -1.02% | |
| WMB | A | -1.01% | |
| UNP | D | -1.01% | |
| IEX | D | -1.01% | |
| DUK | A | -1.01% | |
| GD | A | -1.0% | |
| OTIS | A | -1.0% | |
| SPGI | C | -1.0% | |
| YUM | A | -1.0% | |
| JPM | D | -0.99% | |
| LMT | A | -0.99% | |
| PEG | A | -0.99% | |
| AME | D | -0.99% | |
| PRU | C | -0.99% | |
| PFG | C | -0.99% | |
| ETR | A | -0.98% | |
| PPL | A | -0.98% | |
| PKG | C | -0.97% | |
| VRSN | B | -0.96% | |
| SO | A | -0.96% | |
| HLT | A | -0.95% | |
| WM | B | -0.95% | |
| OMC | C | -0.95% | |
| CMS | A | -0.95% | |
| AFL | A | -0.95% | |
| MDT | B | -0.95% | |
| CHD | C | -0.95% | |
| SRE | A | -0.94% | |
| AVB | C | -0.94% | |
| KMB | B | -0.94% | |
| WELL | C | -0.94% | |
| ED | A | -0.94% | |
| STZ | B | -0.94% | |
| AIG | F | -0.94% | |
| LNT | A | -0.94% | |
| BRO | A | -0.93% | |
| FE | B | -0.93% | |
| ECL | B | -0.93% | |
| GIS | C | -0.92% | |
| PPG | D | -0.92% | |
| WEC | A | -0.91% | |
| ABT | B | -0.91% | |
| AJG | D | -0.91% | |
| LYB | D | -0.9% | |
| MO | D | -0.9% | |
| ABBV | A | -0.9% | |
| EVRG | C | -0.89% | |
| DGX | B | -0.89% | |
| HOLX | D | -0.89% | |
| DOW | B | -0.88% | |
| BR | B | -0.88% | |
| SYY | B | -0.87% | |
| CBOE | A | -0.87% | |
| ELV | F | -0.86% | |
| MCK | F | -0.71% |
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
SPLV: Top Represented Industries & Keywords
Industries:
Utilities - Regulated Electric
Diversified Industrials
Business Services
Household & Personal Products
Insurance - Life
Specialty Chemicals
Utilities - Diversified
Beverages - Soft Drinks
Financial Data & Stock Exchanges
Insurance - Diversified
Insurance Brokers
Oil & Gas Midstream
Restaurants
Aerospace & Defense
Asset Management
Communication Equipment
Credit Services
Discount Stores
Drug Manufacturers - Major
Insurance - Property & Casualty
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