QQQU vs. PNQI ETF Comparison

Comparison of Direxion Daily Concentrated Qs Bull 2X Shares (QQQU) to PowerShares Nasdaq Internet Portfolio (PNQI)
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

$36.41

Average Daily Volume

28,742

Number of Holdings *

7

* may have additional holdings in another (foreign) market
PNQI

PowerShares Nasdaq Internet Portfolio

PNQI Description The PowerShares NASDAQ Internet Portfolio (Fund) is based on the NASDAQ Internet Index® (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to track the performance of the largest and most liquid US-listed companies engaged in internet-related businesses and that are listed on one of the major US stock exchanges. The Underlying Index employs a modified market capitalization-weighted methodology based on the market capitalization ranking of the Underlying Index securities. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$43.61

Average Daily Volume

59,315

Number of Holdings *

77

* may have additional holdings in another (foreign) market
Performance
Period QQQU PNQI
30 Days 19.25% 8.29%
60 Days 31.87% 16.70%
90 Days -9.13% 3.29%
12 Months 43.72%
4 Overlapping Holdings
Symbol Grade Weight in QQQU Weight in PNQI Overlap
AAPL C 11.61% 7.73% 7.73%
AMZN C 9.8% 7.93% 7.93%
META A 10.94% 8.34% 8.34%
MSFT D 9.81% 7.84% 7.84%
QQQU Overweight 3 Positions Relative to PNQI
Symbol Grade Weight
TSLA C 12.03%
GOOGL B 9.72%
NVDA B 9.52%
QQQU Underweight 73 Positions Relative to PNQI
Symbol Grade Weight
GOOG B -7.69%
CRM B -4.11%
BKNG B -4.09%
DIS D -4.04%
UBER C -3.91%
NFLX A -3.84%
ADBE F -3.43%
MELI D -3.36%
SHOP B -3.13%
BABA A -2.88%
PYPL A -2.58%
SPOT C -2.35%
ABNB D -1.8%
DASH A -1.77%
CPNG C -1.28%
SE B -1.2%
COIN F -1.17%
EBAY A -1.03%
CSGP F -1.0%
RBLX D -0.86%
TCOM A -0.71%
GDDY B -0.71%
PINS D -0.63%
JD A -0.62%
DKNG C -0.61%
EXPE B -0.6%
VRSN C -0.6%
ZM B -0.59%
SNAP D -0.49%
AKAM D -0.49%
BIDU C -0.48%
DOCU A -0.41%
OKTA F -0.39%
NTES B -0.37%
Z C -0.35%
ROKU C -0.31%
PCTY C -0.3%
WIX D -0.3%
OTEX D -0.29%
U D -0.29%
SPSC D -0.24%
GTLB D -0.22%
ETSY F -0.21%
GLBE C -0.21%
VIPS B -0.21%
MMYT B -0.21%
DBX C -0.2%
W C -0.18%
LYFT D -0.17%
BOX C -0.15%
CHWY C -0.14%
ALRM F -0.09%
BILI B -0.09%
YELP D -0.08%
CMPR F -0.07%
ZD D -0.07%
ATHM B -0.07%
CRTO D -0.07%
TRIP D -0.06%
RDFN C -0.05%
TDOC D -0.05%
CARS F -0.04%
SSTK F -0.04%
DLO D -0.04%
BMBL F -0.03%
PRO F -0.03%
FSLY D -0.03%
GDRX F -0.02%
CHGG F -0.01%
EB F -0.01%
SFIX F -0.01%
FLWS F -0.01%
CCSI C -0.01%
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