TQQQ vs. QLTY ETF Comparison

Comparison of ProShares UltraPro QQQ (TQQQ) to GMO U.S. Quality ETF (QLTY)

TQQQ

ProShares UltraPro QQQ

TQQQ Description

The investment seeks daily investment results, before fees and expenses, that correspond to three times (3x) the daily performance of the NASDAQ-100 IndexÂ®. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as three times (3x) the daily return of the index. The index, a modified market capitalization-weighted index, includes 100 of the largest non-financial domestic and international issues listed on the NASDAQ Stock Market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$70.13

Average Daily Volume

63,010,833

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

QLTY

GMO U.S. Quality ETF

QLTY Description

QLTY seeks total return by investing in US companies deemed high quality. These companies are defined as having established businesses capable of delivering substantial returns on past investments, utilizing cash flows for high-return investments, or returning cash to shareholders through dividends or share buybacks. The investment strategy combines systematic factors like profitability and leverage, alongside judgmental factors such as assessments of future profitability and growth prospects. It may also use various valuation methodologies, including discounted cash flow analysis and multiples of price-to-earnings, revenues, book values, or other fundamental metrics, to acquire underrated stocks. Additionally, the fund may invest in other ETFs. The fund may also invest in the GMO U.S. Treasury Fund, and money market funds. Investment decisions are not constrained by portfolio turnover rates or benchmark considerations.

Grade (RS Rating)

Last Trade

$32.41

Average Daily Volume

200,910

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TQQQ	QLTY
30 Days	-2.37%	1.98%
60 Days	-5.43%	3.28%
90 Days	-5.38%	4.51%
12 Months	98.62%

5 Overlapping Holdings

Symbol	Grade	Weight in TQQQ	Weight in QLTY	Overlap
AAPL	C	3.45%	3.44%	3.44%
AMZN	C	1.96%	3.54%	1.96%
GOOGL	D	0.92%	4.13%	0.92%
META	A	1.85%	3.73%	1.85%
MSFT	C	3.2%	7.48%	3.2%

TQQQ Overweight 96 Positions Relative to QLTY

Symbol	Grade	Weight
NVDA	D	2.96%
AVGO	C	1.99%
TSLA	C	1.12%
COST	B	1.06%
GOOG	D	0.88%
NFLX	B	0.77%
ADBE	F	0.69%
AMD	D	0.64%
PEP	D	0.63%
TMUS	C	0.62%
LIN	B	0.59%
CSCO	B	0.52%
QCOM	F	0.48%
TXN	C	0.47%
INTU	C	0.47%
ISRG	C	0.46%
AMGN	B	0.46%
AMAT	D	0.4%
CMCSA	D	0.4%
HON	D	0.35%
BKNG	B	0.34%
REGN	C	0.33%
VRTX	D	0.32%
ADP	B	0.3%
ADI	C	0.29%
PANW	C	0.29%
SBUX	C	0.29%
MELI	B	0.28%
GILD	B	0.27%
KLAC	D	0.26%
MDLZ	C	0.26%
MU	F	0.25%
LRCX	F	0.25%
CTAS	C	0.22%
INTC	F	0.21%
SNPS	D	0.2%
ASML	F	0.19%
CDNS	D	0.19%
PYPL	B	0.19%
MRVL	C	0.17%
PDD	F	0.17%
CSX	D	0.17%
MAR	C	0.17%
ORLY	D	0.17%
CEG	A	0.16%
ADSK	C	0.15%
FTNT	B	0.15%
NXPI	D	0.15%
ROP	C	0.15%
CRWD	D	0.15%
ABNB	D	0.14%
MNST	D	0.14%
WDAY	D	0.14%
AEP	C	0.14%
PAYX	C	0.13%
CHTR	D	0.13%
DASH	B	0.13%
PCAR	D	0.13%
KDP	B	0.13%
ROST	C	0.13%
AZN	D	0.12%
TTD	B	0.12%
CPRT	D	0.12%
MCHP	D	0.11%
IDXX	D	0.11%
ODFL	D	0.11%
KHC	C	0.11%
CCEP	B	0.1%
CTSH	C	0.1%
VRSK	D	0.1%
EA	D	0.1%
EXC	B	0.1%
GEHC	C	0.1%
FAST	C	0.1%
BKR	C	0.09%
DDOG	D	0.09%
XEL	B	0.09%
CDW	D	0.08%
ON	F	0.08%
FANG	D	0.08%
LULU	D	0.08%
CSGP	D	0.08%
SMCI	F	0.07%
TTWO	D	0.07%
TEAM	D	0.07%
MRNA	F	0.07%
DXCM	F	0.07%
ANSS	D	0.07%
BIIB	F	0.07%
MDB	D	0.06%
GFS	F	0.06%
ZS	F	0.06%
WBD	D	0.05%
ILMN	C	0.05%
DLTR	F	0.04%
ARM	C	0.04%

TQQQ Underweight 5 Positions Relative to QLTY

Symbol	Grade	Weight
UNH	C	-4.88%
JNJ	C	-3.99%
ORCL	B	-3.94%
ACN	C	-3.73%
ABT	C	-3.42%