QQQU vs. ROM ETF Comparison
Comparison of Direxion Daily Concentrated Qs Bull 2X Shares (QQQU) to ProShares Ultra Technology (ROM)
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
$42.29
Average Daily Volume
26,233
7
ROM
ProShares Ultra Technology
ROM Description
The investment seeks daily investment results that correspond to two times (2x) the daily performance of the Dow Jones U.S. TechnologySM Index. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times (2x) the daily return of the index. The index measures the performance of the technology sector of the U.S. equity market. Component companies include, among others, those involved in computers and office equipment, software, communications technology, semiconductors, diversified technology services and Internet services. The fund is non-diversified.Grade (RS Rating)
Last Trade
$71.51
Average Daily Volume
35,007
68
Performance
Period | QQQU | ROM |
---|---|---|
30 Days | 9.82% | 2.88% |
60 Days | 16.53% | 7.16% |
90 Days | 33.20% | 11.87% |
12 Months | 46.70% |
QQQU Underweight 65 Positions Relative to ROM
Symbol | Grade | Weight | |
---|---|---|---|
AVGO | D | -3.08% | |
CRM | B | -2.5% | |
ORCL | B | -2.33% | |
CSCO | A | -1.84% | |
ADBE | C | -1.77% | |
ACN | B | -1.76% | |
AMD | F | -1.73% | |
NOW | A | -1.65% | |
INTU | C | -1.53% | |
IBM | C | -1.5% | |
TXN | D | -1.46% | |
QCOM | F | -1.42% | |
AMAT | F | -1.11% | |
PLTR | B | -1.05% | |
PANW | B | -0.99% | |
MU | D | -0.85% | |
INTC | D | -0.82% | |
ADI | D | -0.81% | |
ANET | C | -0.77% | |
LRCX | D | -0.72% | |
APH | B | -0.67% | |
KLAC | D | -0.66% | |
MSI | B | -0.65% | |
CDNS | B | -0.63% | |
SNPS | B | -0.63% | |
CRWD | B | -0.62% | |
ADSK | B | -0.51% | |
ROP | B | -0.47% | |
FTNT | B | -0.47% | |
NXPI | D | -0.44% | |
FICO | A | -0.44% | |
IT | C | -0.32% | |
DELL | C | -0.3% | |
CTSH | A | -0.3% | |
HPQ | B | -0.29% | |
GLW | B | -0.28% | |
MCHP | D | -0.27% | |
ANSS | B | -0.23% | |
HPE | B | -0.22% | |
ON | D | -0.22% | |
MPWR | F | -0.22% | |
KEYS | B | -0.21% | |
TYL | A | -0.2% | |
GDDY | A | -0.2% | |
CDW | F | -0.19% | |
NTAP | B | -0.19% | |
PTC | A | -0.18% | |
TDY | B | -0.17% | |
ZBRA | A | -0.16% | |
STX | D | -0.16% | |
FSLR | F | -0.16% | |
WDC | C | -0.16% | |
TRMB | B | -0.14% | |
GEN | A | -0.13% | |
TER | D | -0.13% | |
JBL | C | -0.12% | |
VRSN | C | -0.12% | |
AKAM | D | -0.11% | |
SWKS | D | -0.11% | |
EPAM | C | -0.11% | |
FFIV | A | -0.11% | |
JNPR | F | -0.1% | |
SMCI | F | -0.07% | |
ENPH | F | -0.06% | |
QRVO | F | -0.05% |
QQQU: Top Represented Industries & Keywords
ROM: Top Represented Industries & Keywords