QQQJ vs. FQAL ETF Comparison

Comparison of Invesco NASDAQ Next Gen 100 ETF (QQQJ) to Fidelity Quality Factor ETF (FQAL)

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

$31.54

Average Daily Volume

77,312

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FQAL

Fidelity Quality Factor ETF

FQAL Description

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

Grade (RS Rating)

Last Trade

$67.19

Average Daily Volume

29,912

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	QQQJ	FQAL
30 Days	5.10%	2.60%
60 Days	6.45%	4.35%
90 Days	8.27%	5.86%
12 Months	26.72%	30.56%

1 Overlapping Holdings

	Symbol	Grade	Weight in QQQJ	Weight in FQAL	Overlap
	MEDP	D	0.66%	0.57%	0.57%

QQQJ Overweight 96 Positions Relative to FQAL

Symbol	Grade	Weight
APP	B	5.34%
AXON	A	2.89%
ALNY	D	2.09%
EBAY	D	1.93%
TSCO	D	1.89%
UAL	A	1.89%
MPWR	F	1.78%
NTAP	C	1.53%
PTC	A	1.45%
EXPE	B	1.43%
TCOM	B	1.4%
ZM	B	1.37%
WDC	D	1.37%
STLD	B	1.34%
FSLR	F	1.32%
ZBRA	B	1.29%
STX	D	1.29%
CHKP	D	1.27%
DKNG	B	1.26%
ARGX	A	1.2%
JBHT	C	1.19%
GEN	B	1.17%
PODD	C	1.16%
SSNC	B	1.15%
VRSN	F	1.14%
HOLX	D	1.14%
ULTA	F	1.14%
GRAB	B	1.14%
NTNX	A	1.11%
TER	D	1.1%
UTHR	C	1.09%
TRMB	B	1.09%
MANH	D	1.08%
ALGN	D	1.05%
DOCU	A	1.04%
ICLR	D	1.04%
JD	D	1.01%
ENTG	D	0.97%
LNT	A	0.96%
INCY	C	0.95%
CASY	A	0.95%
VTRS	A	0.95%
FLEX	A	0.94%
NDSN	B	0.93%
SAIA	B	0.91%
EVRG	A	0.91%
FFIV	B	0.89%
BSY	D	0.88%
SNY	F	0.88%
POOL	C	0.86%
AKAM	D	0.85%
SWKS	F	0.85%
CHRW	C	0.83%
Z	A	0.8%
BMRN	D	0.79%
OKTA	C	0.79%
JKHY	D	0.79%
NBIX	C	0.78%
LOGI	D	0.76%
BIDU	F	0.75%
LECO	B	0.74%
TECH	D	0.73%
PCTY	B	0.72%
RPRX	D	0.72%
LBRDK	C	0.7%
NWSA	B	0.7%
TTEK	F	0.69%
FOXA	B	0.67%
FOX	A	0.66%
RIVN	F	0.65%
WWD	B	0.65%
CHDN	B	0.65%
WYNN	D	0.65%
BNTX	D	0.64%
LKQ	D	0.64%
NTES	D	0.64%
DOX	D	0.62%
ROKU	D	0.6%
NICE	C	0.58%
BGNE	D	0.54%
ENPH	F	0.54%
APA	D	0.53%
CZR	F	0.53%
HSIC	B	0.53%
BRKR	D	0.52%
MTCH	D	0.51%
RGEN	D	0.5%
OTEX	D	0.49%
JAZZ	B	0.48%
LSCC	D	0.44%
QRVO	F	0.4%
LCID	F	0.39%
NWS	B	0.38%
ETSY	D	0.37%
FIVE	F	0.31%
ZG	A	0.25%

QQQJ Underweight 123 Positions Relative to FQAL

Symbol	Grade	Weight
NVDA	C	-7.24%
AAPL	C	-6.62%
MSFT	F	-6.3%
GOOGL	C	-3.69%
META	D	-2.51%
AVGO	D	-2.0%
LLY	F	-1.72%
V	A	-1.61%
HD	A	-1.5%
MA	C	-1.48%
JNJ	D	-1.35%
BKNG	A	-1.21%
XOM	B	-1.16%
ABBV	D	-1.14%
MCD	D	-1.11%
BX	A	-1.05%
ACN	C	-1.05%
BMY	B	-1.02%
LOW	D	-1.02%
COST	B	-1.01%
PGR	A	-1.0%
GILD	C	-1.0%
PG	A	-0.98%
ADBE	C	-0.97%
NFLX	A	-0.97%
FICO	B	-0.96%
PANW	C	-0.96%
AMP	A	-0.92%
SPGI	C	-0.92%
QCOM	F	-0.91%
VRTX	F	-0.86%
GRMN	B	-0.86%
CME	A	-0.85%
ORLY	B	-0.84%
VEEV	C	-0.84%
CPAY	A	-0.82%
ZTS	D	-0.81%
EWBC	A	-0.78%
CAT	B	-0.77%
CFR	B	-0.77%
AMAT	F	-0.77%
MCO	B	-0.76%
MSCI	C	-0.75%
AZO	C	-0.75%
ABNB	C	-0.75%
JXN	C	-0.74%
YUM	B	-0.72%
ACGL	D	-0.71%
CBSH	A	-0.71%
DPZ	C	-0.69%
CVX	A	-0.68%
LRCX	F	-0.67%
IDXX	F	-0.67%
KO	D	-0.66%
KNSL	B	-0.65%
QLYS	C	-0.64%
ADP	B	-0.64%
KLAC	D	-0.64%
WSM	B	-0.63%
PM	B	-0.63%
UNP	C	-0.61%
MTD	D	-0.58%
T	A	-0.57%
LMT	D	-0.56%
VZ	C	-0.56%
CTAS	B	-0.55%
GWW	B	-0.55%
ITW	B	-0.54%
FAST	B	-0.53%
AME	A	-0.52%
LIN	D	-0.52%
MMM	D	-0.5%
TDG	D	-0.49%
CSX	B	-0.49%
PAYX	C	-0.49%
CPRT	A	-0.48%
NEE	D	-0.47%
VRSK	A	-0.46%
OTIS	C	-0.45%
ODFL	B	-0.45%
MO	A	-0.44%
VST	B	-0.43%
COP	C	-0.41%
TTD	B	-0.41%
MDLZ	F	-0.38%
CL	D	-0.36%
SO	D	-0.36%
CEG	D	-0.36%
WMB	A	-0.34%
EOG	A	-0.32%
MNST	C	-0.31%
KMB	D	-0.31%
TPL	A	-0.31%
PLD	D	-0.3%
SHW	A	-0.3%
LNG	B	-0.28%
NRG	B	-0.27%
AMT	D	-0.27%
WEC	A	-0.26%
SPG	B	-0.25%
HSY	F	-0.25%
FCX	D	-0.24%
ECL	D	-0.24%
PSA	D	-0.23%
O	D	-0.21%
NFG	A	-0.2%
AM	A	-0.19%
EXR	D	-0.19%
UGI	A	-0.19%
AVB	B	-0.19%
MLM	B	-0.19%
WHD	B	-0.18%
VICI	C	-0.18%
NUE	C	-0.18%
RS	B	-0.17%
EQR	B	-0.17%
CF	B	-0.17%
SBAC	D	-0.16%
ESS	B	-0.16%
EXP	A	-0.16%
RGLD	C	-0.15%
AVY	D	-0.15%
GLPI	C	-0.14%