QQQJ vs. FDLO ETF Comparison

Comparison of Invesco NASDAQ Next Gen 100 ETF (QQQJ) to Fidelity Low Volatility Factor ETF (FDLO)

QQQJ

Invesco NASDAQ Next Gen 100 ETF

QQQJ Description

The Invesco NASDAQ Next Gen 100 Fund (Fund) is based on the NASDAQ Next Generation 100 Index (Index). The Fund will invest at least 90% of its total assets in the securities that comprise the Index. The Index is comprised of securities of the next generation of Nasdaq-listed non-financial companies; that is, the largest 100 Nasdaq-listed companies outside of the NASDAQ-100 Index®. The Fund and Index are rebalanced quarterly and reconstituted annually.

Grade (RS Rating)

Last Trade

$30.40

Average Daily Volume

103,148

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FDLO

Fidelity Low Volatility Factor ETF

FDLO Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Low Volatility Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Low Volatility Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with lower volatility than the broader market.

Grade (RS Rating)

Last Trade

$61.02

Average Daily Volume

90,831

Number of Holdings ^*

125

* may have additional holdings in another (foreign) market

Performance

Period	QQQJ	FDLO
30 Days	6.93%	2.09%
60 Days	13.69%	8.58%
90 Days	8.92%	6.14%
12 Months	25.62%	27.76%

5 Overlapping Holdings

Symbol	Grade	Weight in QQQJ	Weight in FDLO	Overlap
AKAM	D	1.0%	1.19%	1.0%
DOX	B	0.65%	1.14%	0.65%
JKHY	A	0.83%	0.52%	0.52%
TSCO	A	2.0%	0.47%	0.47%
VRSN	C	1.21%	1.14%	1.14%

QQQJ Overweight 92 Positions Relative to FDLO

Symbol	Grade	Weight
MPWR	B	2.92%
APP	A	2.46%
ALNY	C	2.29%
EBAY	A	2.03%
AXON	A	1.94%
FSLR	C	1.77%
NTAP	D	1.61%
WDC	C	1.55%
ICLR	F	1.53%
STX	C	1.48%
TCOM	A	1.47%
PTC	B	1.42%
TER	C	1.42%
CHKP	A	1.41%
DKNG	C	1.27%
STLD	C	1.26%
UAL	A	1.24%
JD	A	1.24%
ZBRA	B	1.23%
ALGN	D	1.23%
ULTA	D	1.23%
HOLX	D	1.22%
EXPE	B	1.2%
SSNC	C	1.18%
ZM	B	1.18%
JBHT	D	1.14%
ARGX	C	1.12%
ENTG	D	1.12%
MANH	A	1.11%
SNY	C	1.09%
PODD	C	1.05%
UTHR	C	1.03%
SWKS	F	1.02%
ENPH	F	1.01%
LNT	B	1.01%
TRMB	B	0.98%
NDSN	C	0.97%
BSY	D	0.96%
BIDU	C	0.96%
NTNX	C	0.95%
GRAB	C	0.95%
EVRG	C	0.92%
POOL	D	0.92%
CASY	D	0.9%
VTRS	D	0.89%
LOGI	D	0.88%
BMRN	F	0.87%
FLEX	B	0.86%
FFIV	B	0.83%
DOCU	A	0.82%
RPRX	D	0.82%
INCY	B	0.82%
CHRW	C	0.82%
TTEK	A	0.81%
TECH	D	0.81%
OKTA	F	0.78%
SAIA	D	0.75%
BNTX	B	0.75%
RIVN	F	0.75%
NBIX	F	0.75%
Z	C	0.73%
NTES	B	0.73%
LECO	D	0.71%
WYNN	B	0.7%
CHK	C	0.7%
LKQ	F	0.69%
BRKR	D	0.69%
MEDP	F	0.67%
WWD	C	0.66%
NWSA	D	0.65%
QRVO	F	0.64%
CHDN	C	0.64%
BGNE	A	0.63%
MTCH	B	0.63%
FOXA	B	0.62%
LBRDK	C	0.62%
ROKU	C	0.61%
HSIC	D	0.6%
APA	F	0.59%
FOX	B	0.59%
OTEX	D	0.58%
PCTY	C	0.58%
CZR	B	0.58%
NICE	D	0.56%
LCID	F	0.54%
RGEN	F	0.53%
LSCC	D	0.48%
JAZZ	F	0.44%
ETSY	F	0.43%
NWS	D	0.34%
FIVE	D	0.33%
ZG	C	0.22%

QQQJ Underweight 120 Positions Relative to FDLO

Symbol	Grade	Weight
AAPL	C	-7.37%
MSFT	D	-7.16%
GOOGL	B	-3.93%
AMZN	C	-3.64%
BRK.A	B	-2.07%
ORCL	A	-1.85%
LLY	D	-1.85%
IBM	A	-1.66%
CSCO	A	-1.63%
JPM	C	-1.62%
ACN	B	-1.58%
TXN	C	-1.55%
UNH	B	-1.52%
MSI	A	-1.37%
V	B	-1.31%
MA	A	-1.27%
JNJ	D	-1.24%
ROP	D	-1.23%
HD	A	-1.17%
TYL	D	-1.16%
ABBV	C	-1.16%
XOM	A	-1.14%
MRK	F	-1.04%
VZ	C	-1.01%
PG	D	-1.01%
T	B	-0.96%
TMO	D	-0.94%
CMCSA	B	-0.92%
WMT	A	-0.9%
ABT	C	-0.88%
TMUS	A	-0.85%
MCD	A	-0.84%
PGR	B	-0.83%
AMGN	D	-0.81%
KO	C	-0.76%
CB	A	-0.73%
LOW	C	-0.7%
SBUX	B	-0.69%
MMC	D	-0.68%
VRTX	D	-0.68%
REGN	D	-0.68%
CME	A	-0.67%
NKE	D	-0.66%
UNP	F	-0.66%
PEP	F	-0.66%
ETN	B	-0.66%
HON	C	-0.64%
TJX	D	-0.64%
BDX	C	-0.64%
EA	D	-0.64%
TRV	B	-0.63%
LMT	A	-0.63%
CVX	B	-0.62%
ADP	A	-0.6%
ERIE	A	-0.6%
PM	D	-0.59%
AJG	C	-0.58%
LIN	C	-0.57%
CBOE	B	-0.56%
AIZ	B	-0.56%
FDS	C	-0.56%
NOC	B	-0.54%
ITW	C	-0.54%
WM	B	-0.52%
WRB	C	-0.52%
GD	C	-0.51%
ORLY	A	-0.5%
OTIS	A	-0.49%
AZO	D	-0.48%
LHX	A	-0.47%
PAYX	B	-0.47%
FAST	C	-0.47%
BAH	C	-0.46%
RSG	D	-0.45%
J	F	-0.44%
GRMN	D	-0.43%
MDLZ	D	-0.43%
FCN	C	-0.4%
HII	F	-0.39%
CL	D	-0.39%
COP	D	-0.38%
SO	A	-0.38%
DUK	C	-0.37%
AMT	D	-0.34%
GIS	C	-0.33%
KMB	D	-0.32%
SHW	C	-0.31%
AEP	C	-0.3%
EQIX	C	-0.3%
EOG	B	-0.29%
XEL	C	-0.28%
ED	C	-0.27%
WMB	A	-0.27%
HSY	D	-0.27%
APD	C	-0.26%
PSA	C	-0.26%
WEC	B	-0.26%
O	C	-0.25%
AEE	A	-0.25%
ECL	C	-0.25%
LNG	A	-0.24%
DLR	C	-0.24%
KMI	A	-0.24%
CMS	A	-0.24%
CCI	D	-0.23%
CTVA	A	-0.22%
CSGP	F	-0.19%
EQR	C	-0.19%
MAA	D	-0.18%
DTM	A	-0.18%
VMC	D	-0.18%
MLM	F	-0.18%
CTRA	D	-0.18%
AMCR	C	-0.17%
PKG	B	-0.17%
ATR	A	-0.16%
ELS	D	-0.16%
AMH	D	-0.16%
AVY	D	-0.16%
ADC	C	-0.15%