QQQU vs. FDN ETF Comparison
Comparison of Direxion Daily Concentrated Qs Bull 2X Shares (QQQU) to First Trust DJ Internet Index Fund (FDN)
QQQU
Direxion Daily Concentrated Qs Bull 2X Shares
QQQU Description
QQQU provides daily 2x exposure to an index comprised of the seven leading companies listed on the NASDAQ exchange that meet certain requirements. It will invest in the securities of the index, financial instruments including swap and futures agreements, and ETFs tracking the index, to provide the leveraged exposure consistent with its objective. To be included in the index, the common stocks or ADRs must have a minimum free float equivalent to 10% of shares outstanding, and have a share price of less than $10,000. After an extensive research, the index provider selects the seven leading constituents that forms the index and equally-weights them. The index is rebalanced and reconstituted quarterly. As a leveraged product with 2x factor that resets daily, QQQU is not a buy-and-hold investment and should not be expected to provide index leverage return greater than a one day period.
Grade (RS Rating)
Last Trade
$41.75
Average Daily Volume
25,731
7
FDN
First Trust DJ Internet Index Fund
FDN Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Dow Jones Internet Composite Index (SM) (the "index"). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. It, using an "indexing" investment approach, attempts to replicate, before fees and expenses, the performance of the index. The index is designed to include only companies whose primary focus is Internet-related. The fund is non-diversified.Grade (RS Rating)
Last Trade
$240.66
Average Daily Volume
387,852
41
Performance
| Period | QQQU | FDN |
|---|---|---|
| 30 Days | 18.24% | 11.55% |
| 60 Days | 17.47% | 14.21% |
| 90 Days | 24.04% | 18.55% |
| 12 Months | 42.96% |
QQQU Underweight 38 Positions Relative to FDN
| Symbol | Grade | Weight | |
|---|---|---|---|
| NFLX | A | -8.49% | |
| CRM | B | -7.55% | |
| BKNG | A | -4.91% | |
| CSCO | B | -4.45% | |
| GOOG | C | -4.42% | |
| PYPL | B | -4.26% | |
| ANET | C | -4.25% | |
| ABNB | C | -2.87% | |
| DASH | A | -2.82% | |
| WDAY | B | -2.76% | |
| CPRT | A | -2.46% | |
| SNOW | C | -2.19% | |
| DDOG | A | -2.02% | |
| TEAM | A | -1.95% | |
| HUBS | A | -1.74% | |
| VEEV | C | -1.64% | |
| EBAY | D | -1.49% | |
| NET | B | -1.39% | |
| RBLX | C | -1.38% | |
| CVNA | B | -1.34% | |
| GDDY | A | -1.27% | |
| ZM | B | -1.03% | |
| DKNG | B | -0.97% | |
| PINS | D | -0.86% | |
| NTNX | A | -0.85% | |
| DOCU | A | -0.79% | |
| VRSN | F | -0.74% | |
| AKAM | D | -0.67% | |
| JNPR | F | -0.61% | |
| OKTA | C | -0.6% | |
| PAYC | B | -0.55% | |
| CIEN | B | -0.5% | |
| SMAR | A | -0.37% | |
| CFLT | B | -0.36% | |
| DBX | B | -0.32% | |
| MARA | C | -0.3% | |
| BOX | B | -0.25% | |
| ZI | D | -0.15% |
QQQU: Top Represented Industries & Keywords
FDN: Top Represented Industries & Keywords
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