SKYU vs. QQEW ETF Comparison

Comparison of ProShares Ultra Cloud Computing (SKYU) to First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW)

SKYU

ProShares Ultra Cloud Computing

SKYU Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the ISE CTA Cloud Computing Index. The index is comprised of companies classified as cloud computing companies by the CTA. The Advisor expects that its cash balances maintained in connection with the use of financial instruments will typically be held in money market instruments. It invests in common stock issued by public companies. The fund invests in derivatives, which are financial instruments whose value is derived from the value of an underlying asset or assets. It is non-diversified.

Grade (RS Rating)

Last Trade

$38.69

Average Daily Volume

3,366

Number of Holdings ^*

60

* may have additional holdings in another (foreign) market

QQEW

First Trust NASDAQ-100 Equal Weighted Index Fund

QQEW 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 NASDAQ-100 Equal Weighted Index(SM). 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. The NASDAQ-100 Equal Weighted Index(SM) is the equal-weighted version of the NASDAQ-100 Index(R) which includes 100 of the largest non-financial securities listed on NASDAQ(R) based on market capitalization. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$130.64

Average Daily Volume

54,606

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	SKYU	QQEW
30 Days	38.02%	4.45%
60 Days	41.98%	5.07%
90 Days	53.59%	5.05%
12 Months	111.13%	20.64%

14 Overlapping Holdings

	Symbol	Grade	Weight in SKYU	Weight in QQEW	Overlap
	AMZN	C	2.21%	1.03%	1.03%
	APP	B	3.39%	0.97%	0.97%
	CRWD	B	0.41%	1.13%	0.41%
	CSCO	B	1.47%	1.07%	1.07%
	DDOG	A	0.38%	1.15%	0.38%
	GOOGL	C	2.09%	0.52%	0.52%
	INTU	C	0.34%	0.98%	0.34%
	MDB	C	1.56%	0.98%	0.98%
	MSFT	F	1.92%	0.93%	0.93%
	PANW	C	0.34%	1.12%	0.34%
	TEAM	A	1.44%	1.46%	1.44%
	TTD	B	0.38%	1.1%	0.38%
	WDAY	B	0.32%	1.01%	0.32%
	ZS	C	0.32%	1.13%	0.32%

SKYU Overweight 46 Positions Relative to QQEW

	Symbol	Grade	Weight
	ORCL	B	2.62%
	LUMN	C	2.32%
	NTNX	A	2.13%
	ANET	C	2.1%
	IBM	C	2.06%
	PSTG	D	1.88%
	NET	B	1.52%
	TWLO	A	1.52%
	SHOP	B	1.36%
	HUBS	A	1.36%
	CFLT	B	1.31%
	GTLB	B	1.27%
	CRM	B	1.25%
	NOW	A	1.16%
	WK	B	1.14%
	DELL	C	1.12%
	HPE	B	1.06%
	NTAP	C	0.99%
	FIVN	C	0.96%
	RBRK	A	0.9%
	WIX	B	0.82%
	DOCN	D	0.82%
	RNG	B	0.8%
	SAP	B	0.69%
	TOST	B	0.55%
	APPN	B	0.53%
	QTWO	A	0.44%
	DOCU	A	0.43%
	PAYC	B	0.43%
	PCTY	B	0.39%
	ESTC	C	0.38%
	QLYS	C	0.38%
	BL	B	0.38%
	SNOW	C	0.37%
	ZM	B	0.37%
	SMAR	A	0.37%
	ZUO	B	0.36%
	DBX	B	0.35%
	BOX	B	0.33%
	ASAN	C	0.32%
	APPF	B	0.32%
	BLKB	B	0.32%
	SPT	C	0.31%
	VEEV	C	0.31%
	FSLY	D	0.3%
	OTEX	D	0.29%

SKYU Underweight 87 Positions Relative to QQEW

	Symbol	Grade	Weight
	TSLA	B	-1.39%
	NVDA	C	-1.22%
	NFLX	A	-1.22%
	TTWO	A	-1.21%
	DASH	A	-1.2%
	BKNG	A	-1.2%
	BKR	B	-1.19%
	MRVL	B	-1.18%
	FTNT	C	-1.17%
	WBD	C	-1.17%
	EA	A	-1.16%
	TMUS	B	-1.15%
	LULU	C	-1.14%
	CHTR	C	-1.14%
	PDD	F	-1.13%
	ADSK	A	-1.12%
	FAST	B	-1.12%
	MAR	B	-1.11%
	CDNS	B	-1.08%
	PCAR	B	-1.08%
	ISRG	A	-1.08%
	HON	B	-1.08%
	INTC	D	-1.07%
	PYPL	B	-1.07%
	ODFL	B	-1.07%
	XEL	A	-1.06%
	CPRT	A	-1.05%
	ADP	B	-1.05%
	MU	D	-1.05%
	DXCM	D	-1.04%
	ANSS	B	-1.04%
	SNPS	B	-1.04%
	CTAS	B	-1.04%
	CMCSA	B	-1.04%
	ORLY	B	-1.04%
	VRSK	A	-1.04%
	GILD	C	-1.03%
	GFS	C	-1.03%
	PAYX	C	-1.03%
	MNST	C	-1.02%
	CTSH	B	-1.0%
	ABNB	C	-1.0%
	SBUX	A	-0.99%
	COST	B	-0.99%
	META	D	-0.98%
	FANG	D	-0.97%
	AAPL	C	-0.97%
	ILMN	D	-0.97%
	ROP	B	-0.96%
	CSGP	D	-0.96%
	CSX	B	-0.96%
	TXN	C	-0.95%
	ON	D	-0.94%
	VRTX	F	-0.94%
	LIN	D	-0.93%
	AVGO	D	-0.93%
	ADBE	C	-0.93%
	EXC	C	-0.93%
	ARM	D	-0.93%
	AEP	D	-0.92%
	NXPI	D	-0.92%
	CCEP	C	-0.91%
	GEHC	F	-0.91%
	CEG	D	-0.9%
	PEP	F	-0.9%
	ADI	D	-0.9%
	QCOM	F	-0.89%
	MELI	D	-0.89%
	ROST	C	-0.88%
	LRCX	F	-0.88%
	AMD	F	-0.86%
	KHC	F	-0.86%
	AMAT	F	-0.86%
	MDLZ	F	-0.84%
	AMGN	D	-0.83%
	KDP	D	-0.83%
	MCHP	D	-0.82%
	IDXX	F	-0.8%
	ASML	F	-0.8%
	KLAC	D	-0.79%
	AZN	D	-0.78%
	CDW	F	-0.76%
	BIIB	F	-0.76%
	REGN	F	-0.63%
	MRNA	F	-0.55%
	SMCI	F	-0.55%
	GOOG	C	-0.52%

SKYU: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Communication Equipment Computer Systems Data Storage Internet Content & Information Telecom Services Health Information Services Information Technology Services Specialty Retail

Keywords: Computing Cloud Computing Software As A Service Work From Home Cloud Infrastructure S&P 500 Nasdaq 100 Software Software Development CRM Cloud Applications Customer Relationship Management Information Technology Management Operating System Telecommunications Social Media Big Data Business Intelligence Business Process Management Cloud Platform

QQEW: Top Represented Industries & Keywords

Industries: Software - Application Semiconductors Beverages - Soft Drinks Business Services Drug Manufacturers - Major Semiconductor Equipment & Materials Specialty Retail Biotechnology Diagnostics & Research Internet Content & Information Software - Infrastructure Apparel Stores Diversified Industrials Electronic Gaming & Multimedia Information Technology Services Internet Content & Information Pay TV Utilities - Regulated Electric Auto & Truck Dealerships Auto Manufacturers

Keywords: Nasdaq 100 S&P 500 Computing Integrated Circuits Semiconductor Mobile Devices Work From Home Smartphones Dow Jones Component Software Cloud Computing Electronics Fabless Semiconductor Companies Electronic Design Medicine Natural Gas Power Management Cloud Infrastructure Electricity Ethernet