QQQE vs. WRND ETF Comparison
Comparison of Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) to IQ Global Equity R&D Leaders ETF (WRND)
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
$89.82
Average Daily Volume
363,739
Number of Holdings
*
101
* may have additional holdings in another (foreign) market
WRND
IQ Global Equity R&D Leaders ETF
WRND Description
IQ Global Equity R&D Leaders ETF is an exchange traded fund launched by New York Life Investment Management LLC. The fund is managed by IndexIQ Advisors LLC. It invests in public equity markets of global region. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the IQ Global Equity R&D Leaders Index, by using full replication technique. IQ Global Equity R&D Leaders ETF was formed on December 14, 2021 and is domiciled in the United States.Grade (RS Rating)
Last Trade
$29.20
Average Daily Volume
80
Number of Holdings
*
109
* may have additional holdings in another (foreign) market
Performance
| Period | QQQE | WRND |
|---|---|---|
| 30 Days | 0.92% | -1.19% |
| 60 Days | 1.13% | -0.91% |
| 90 Days | 0.71% | -0.36% |
| 12 Months | 19.41% | 19.36% |
45 Overlapping Holdings
| Symbol | Grade | Weight in QQQE | Weight in WRND | Overlap | |
|---|---|---|---|---|---|
| AAPL | C | 1.09% | 3.48% | 1.09% | |
| ABNB | D | 0.8% | 0.15% | 0.15% | |
| ADBE | F | 1.12% | 0.43% | 0.43% | |
| ADI | C | 0.97% | 0.16% | 0.16% | |
| ADSK | C | 1.09% | 0.16% | 0.16% | |
| AMAT | D | 0.79% | 0.26% | 0.26% | |
| AMD | D | 0.95% | 0.6% | 0.6% | |
| AMGN | B | 1.09% | 0.58% | 0.58% | |
| AMZN | C | 1.0% | 5.84% | 1.0% | |
| AVGO | C | 1.01% | 0.79% | 0.79% | |
| BIIB | F | 0.9% | 0.19% | 0.19% | |
| CDNS | D | 0.86% | 0.13% | 0.13% | |
| CSCO | C | 1.06% | 0.87% | 0.87% | |
| DASH | C | 1.16% | 0.13% | 0.13% | |
| EA | D | 1.06% | 0.27% | 0.27% | |
| GEHC | C | 1.12% | 0.15% | 0.15% | |
| GILD | B | 1.19% | 0.73% | 0.73% | |
| GOOGL | D | 0.44% | 4.16% | 0.44% | |
| HON | D | 0.97% | 0.15% | 0.15% | |
| ILMN | C | 1.21% | 0.17% | 0.17% | |
| INTC | F | 0.63% | 1.08% | 0.63% | |
| INTU | C | 1.04% | 0.3% | 0.3% | |
| ISRG | B | 1.16% | 0.13% | 0.13% | |
| KLAC | D | 0.91% | 0.12% | 0.12% | |
| LRCX | F | 0.72% | 0.14% | 0.14% | |
| MCHP | F | 0.84% | 0.1% | 0.1% | |
| MELI | B | 1.36% | 0.26% | 0.26% | |
| META | B | 1.08% | 4.29% | 1.08% | |
| MRNA | F | 0.53% | 0.23% | 0.23% | |
| MRVL | C | 1.05% | 0.21% | 0.21% | |
| MSFT | C | 0.96% | 2.86% | 0.96% | |
| MU | F | 0.63% | 0.21% | 0.21% | |
| NFLX | B | 1.02% | 0.29% | 0.29% | |
| NVDA | D | 0.95% | 0.95% | 0.95% | |
| NXPI | F | 0.84% | 0.21% | 0.21% | |
| PANW | D | 1.09% | 0.2% | 0.2% | |
| PYPL | B | 1.18% | 0.37% | 0.37% | |
| QCOM | D | 0.79% | 0.72% | 0.72% | |
| REGN | C | 1.12% | 0.48% | 0.48% | |
| SNPS | F | 0.82% | 0.17% | 0.17% | |
| TEAM | D | 1.03% | 0.22% | 0.22% | |
| TSLA | C | 1.27% | 0.58% | 0.58% | |
| TXN | C | 1.02% | 0.2% | 0.2% | |
| VRTX | D | 1.04% | 0.38% | 0.38% | |
| WDAY | D | 1.16% | 0.31% | 0.31% |
QQQE Overweight 56 Positions Relative to WRND
| Symbol | Grade | Weight | |
|---|---|---|---|
| MDB | D | 1.32% | |
| FTNT | C | 1.29% | |
| SBUX | C | 1.26% | |
| XEL | B | 1.21% | |
| AEP | C | 1.2% | |
| CTAS | B | 1.18% | |
| CHTR | D | 1.18% | |
| TMUS | C | 1.16% | |
| EXC | C | 1.16% | |
| ADP | B | 1.14% | |
| CTSH | C | 1.13% | |
| MDLZ | B | 1.13% | |
| ODFL | D | 1.11% | |
| CCEP | B | 1.09% | |
| KDP | B | 1.09% | |
| COST | B | 1.09% | |
| 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 | C | 1.07% | |
| ORLY | C | 1.05% | |
| CMCSA | D | 1.04% | |
| ROST | C | 1.04% | |
| BKR | C | 1.03% | |
| ON | D | 1.03% | |
| MNST | D | 1.03% | |
| AZN | D | 1.02% | |
| CSX | D | 1.02% | |
| IDXX | C | 1.02% | |
| VRSK | D | 1.01% | |
| ROP | C | 1.0% | |
| ANSS | D | 0.99% | |
| BKNG | C | 0.98% | |
| TTWO | C | 0.98% | |
| MAR | C | 0.96% | |
| DDOG | D | 0.95% | |
| CDW | D | 0.94% | |
| ZS | F | 0.94% | |
| CPRT | D | 0.92% | |
| FANG | D | 0.91% | |
| PCAR | D | 0.91% | |
| ARM | D | 0.88% | |
| CEG | C | 0.88% | |
| LULU | D | 0.85% | |
| GFS | F | 0.79% | |
| ASML | F | 0.78% | |
| CRWD | D | 0.69% | |
| PDD | F | 0.69% | |
| DLTR | F | 0.64% | |
| DXCM | F | 0.6% | |
| GOOG | D | 0.44% | |
| SMCI | F | 0.39% |
QQQE Underweight 64 Positions Relative to WRND
| Symbol | Grade | Weight | |
|---|---|---|---|
| MRK | D | -2.67% | |
| JNJ | C | -1.8% | |
| NVS | C | -1.2% | |
| BMY | C | -1.18% | |
| PFE | C | -1.18% | |
| LLY | C | -1.11% | |
| ORCL | C | -1.09% | |
| BABA | B | -1.06% | |
| GM | C | -1.02% | |
| TM | F | -0.96% | |
| IBM | B | -0.91% | |
| ABBV | C | -0.89% | |
| HMC | D | -0.81% | |
| F | F | -0.78% | |
| SONY | C | -0.74% | |
| CRM | D | -0.56% | |
| STLA | F | -0.56% | |
| BIDU | D | -0.4% | |
| BA | F | -0.35% | |
| RTX | C | -0.35% | |
| UBER | C | -0.33% | |
| MDT | C | -0.32% | |
| ABT | C | -0.32% | |
| SQ | D | -0.3% | |
| NOW | B | -0.29% | |
| NIO | C | -0.29% | |
| BGNE | C | -0.28% | |
| RIVN | F | -0.26% | |
| CAT | B | -0.24% | |
| MMM | B | -0.24% | |
| DE | B | -0.24% | |
| PG | C | -0.22% | |
| GE | B | -0.22% | |
| SHOP | C | -0.22% | |
| LI | D | -0.22% | |
| TCOM | C | -0.21% | |
| HPE | D | -0.2% | |
| EBAY | B | -0.19% | |
| SPOT | B | -0.19% | |
| LMT | C | -0.19% | |
| INCY | C | -0.18% | |
| RBLX | B | -0.18% | |
| DHR | B | -0.18% | |
| BSX | B | -0.17% | |
| ABBV | C | -0.17% | |
| CMI | C | -0.17% | |
| ACN | C | -0.16% | |
| WDC | D | -0.16% | |
| TMO | B | -0.15% | |
| NOC | B | -0.15% | |
| CTVA | B | -0.15% | |
| EXPE | C | -0.15% | |
| SYK | C | -0.15% | |
| HPQ | D | -0.15% | |
| LPL | F | -0.13% | |
| SNOW | F | -0.13% | |
| JNPR | B | -0.13% | |
| U | D | -0.13% | |
| GLW | C | -0.12% | |
| APTV | D | -0.12% | |
| BDX | D | -0.12% | |
| CNH | D | -0.11% | |
| EW | F | -0.09% | |
| PINS | F | -0.08% |
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
WRND: Top Represented Industries & Keywords
Industries:
Software - Application
Drug Manufacturers - Major
Semiconductors
Auto Manufacturers
Biotechnology
Internet Content & Information
Medical Devices
Aerospace & Defense
Specialty Retail
Communication Equipment
Consumer Electronics
Diagnostics & Research
Diversified Industrials
Farm & Construction Equipment
Semiconductor Equipment & Materials
Information Technology Services
Internet Content & Information
Leisure
Medical Instruments & Supplies
Software - Infrastructure
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