SOXS vs. QTEC ETF Comparison
Comparison of Direxion Daily Semiconductor Bear 3x Shares (SOXS) to First Trust NASDAQ-100- Technology Index Fund (QTEC)
SOXS
Direxion Daily Semiconductor Bear 3x Shares
SOXS Description
The investment seeks daily investment results, before fees and expenses, of 300% of the inverse of the performance of the PHLX Semiconductor Sector Index. The fund creates short positions by investing at least 80% of its assets in: futures contracts; options on securities, indices and futures contracts; equity caps, floors and collars; swap agreements; forward contracts; short positions; reverse repurchase agreements; ETFs; and other financial instruments that, in combination, 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
$19.89
Average Daily Volume
33,157,019
26
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
$201.41
Average Daily Volume
73,011
42
Performance
| Period | SOXS | QTEC |
|---|---|---|
| 30 Days | -16.48% | 4.62% |
| 60 Days | -39.32% | 9.02% |
| 90 Days | -42.84% | 8.27% |
| 12 Months | -77.91% | 35.22% |
16 Overlapping Holdings
| Symbol | Grade | Weight in SOXS | Weight in QTEC | Overlap | |
|---|---|---|---|---|---|
| ADI | B | 3.79% | 2.37% | 2.37% | |
| AMAT | C | 3.89% | 2.46% | 2.46% | |
| AMD | C | 4.66% | 2.42% | 2.42% | |
| ASML | B | 3.0% | 2.46% | 2.46% | |
| AVGO | B | 7.0% | 2.48% | 2.48% | |
| INTC | D | 7.36% | 2.39% | 2.39% | |
| KLAC | B | 3.8% | 2.48% | 2.48% | |
| LRCX | C | 4.14% | 2.45% | 2.45% | |
| MCHP | D | 3.53% | 2.43% | 2.43% | |
| MRVL | C | 2.56% | 2.39% | 2.39% | |
| MU | C | 4.35% | 2.33% | 2.33% | |
| NVDA | C | 8.24% | 2.41% | 2.41% | |
| NXPI | B | 4.15% | 2.39% | 2.39% | |
| ON | D | 1.38% | 2.52% | 1.38% | |
| QCOM | C | 8.23% | 2.28% | 2.28% | |
| TXN | B | 7.85% | 2.42% | 2.42% |
SOXS Underweight 26 Positions Relative to QTEC
| Symbol | Grade | Weight | |
|---|---|---|---|
| MDB | F | -2.77% | |
| TEAM | D | -2.67% | |
| DDOG | C | -2.66% | |
| ZS | C | -2.63% | |
| AAPL | B | -2.54% | |
| ADBE | C | -2.54% | |
| PANW | C | -2.53% | |
| ARM | C | -2.49% | |
| INTU | C | -2.48% | |
| FTNT | D | -2.46% | |
| WDAY | F | -2.45% | |
| META | C | -2.45% | |
| MSFT | C | -2.43% | |
| CRWD | C | -2.42% | |
| ADSK | C | -2.41% | |
| ANSS | C | -2.39% | |
| SNPS | B | -2.38% | |
| ROP | C | -2.37% | |
| CTSH | C | -2.37% | |
| GFS | C | -2.36% | |
| CDNS | C | -2.35% | |
| PDD | D | -2.27% | |
| DASH | F | -2.25% | |
| CDW | D | -2.2% | |
| GOOGL | C | -1.23% | |
| GOOG | C | -1.23% |
SOXS: Top Represented Industries & Keywords
QTEC: Top Represented Industries & Keywords
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