SOXL vs. QTEC ETF Comparison
Comparison of Direxion Daily Semiconductor Bull 3x Shares (SOXL) to First Trust NASDAQ-100- Technology Index Fund (QTEC)
SOXL
Direxion Daily Semiconductor Bull 3x Shares
SOXL Description
The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the PHLX Semiconductor Sector Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the PHLX Semiconductor Sector Index ("index") and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index measures the performance of the semiconductor subsector of the U.S. equity market. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$28.49
Average Daily Volume
81,671,682
30
QTEC
First Trust NASDAQ-100- Technology Index Fund
QTEC 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 Technology Sector 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 index is an equal-weighted index based on the securities of the NASDAQ-100 Index(R) that are classified as "technology" according to the Industry Classification Benchmark classification system. The fund is non-diversified.Grade (RS Rating)
Last Trade
$196.94
Average Daily Volume
114,716
43
Performance
| Period | SOXL | QTEC |
|---|---|---|
| 30 Days | -15.71% | 4.12% |
| 60 Days | -15.86% | 4.78% |
| 90 Days | -29.36% | 2.69% |
| 12 Months | 24.82% | 24.05% |
17 Overlapping Holdings
| Symbol | Grade | Weight in SOXL | Weight in QTEC | Overlap | |
|---|---|---|---|---|---|
| ADI | D | 2.69% | 2.13% | 2.13% | |
| AMAT | F | 2.81% | 2.21% | 2.21% | |
| AMD | F | 5.57% | 2.03% | 2.03% | |
| ARM | D | 0.38% | 2.24% | 0.38% | |
| ASML | F | 2.1% | 1.99% | 1.99% | |
| AVGO | D | 6.23% | 2.27% | 2.27% | |
| INTC | D | 3.38% | 2.61% | 2.61% | |
| KLAC | D | 2.35% | 1.94% | 1.94% | |
| LRCX | F | 2.71% | 2.21% | 2.21% | |
| MCHP | D | 2.38% | 1.94% | 1.94% | |
| MRVL | B | 3.54% | 2.8% | 2.8% | |
| MU | D | 3.07% | 2.49% | 2.49% | |
| NVDA | C | 7.32% | 2.89% | 2.89% | |
| NXPI | D | 2.6% | 2.2% | 2.2% | |
| ON | D | 2.14% | 2.2% | 2.14% | |
| QCOM | F | 4.35% | 2.21% | 2.21% | |
| TXN | C | 4.47% | 2.31% | 2.31% |
SOXL Underweight 26 Positions Relative to QTEC
| Symbol | Grade | Weight | |
|---|---|---|---|
| TEAM | A | -3.5% | |
| DASH | A | -2.84% | |
| FTNT | C | -2.81% | |
| ZS | C | -2.75% | |
| PANW | C | -2.64% | |
| ADSK | A | -2.62% | |
| CRWD | B | -2.62% | |
| DDOG | A | -2.61% | |
| PDD | F | -2.56% | |
| CDNS | B | -2.52% | |
| WDAY | B | -2.49% | |
| INTU | C | -2.48% | |
| SNPS | B | -2.47% | |
| GFS | C | -2.47% | |
| CTSH | B | -2.44% | |
| ANSS | B | -2.42% | |
| MDB | C | -2.39% | |
| META | D | -2.34% | |
| ROP | B | -2.31% | |
| ADBE | C | -2.31% | |
| AAPL | C | -2.28% | |
| MSFT | F | -2.24% | |
| CDW | F | -1.83% | |
| GOOG | C | -1.23% | |
| GOOGL | C | -1.22% | |
| SMCI | F | -0.9% |
SOXL: Top Represented Industries & Keywords
QTEC: Top Represented Industries & Keywords
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