WFH vs. CQQQ ETF Comparison
Comparison of Direxion Work From Home ETF (WFH) to Guggenheim China Technology ETF (CQQQ)
WFH
Direxion Work From Home ETF
WFH Description
The Direxion Work From Home ETF offers exposure to companies across four technology pillars, allowing investors to gain exposure to those companies that stand to benefit from an increasingly flexible work environment. The four pillars include Cloud Technologies, Cybersecurity, Online Project and Document Management, and Remote Communications. Companies are selected for inclusion in the index by ARTIS, a proprietary natural language processing algorithm, which uses key words to evaluate large volumes of publicly available information, such as annual reports, business descriptions and financial news.
Grade (RS Rating)
Last Trade
$64.80
Average Daily Volume
998
40
CQQQ
Guggenheim China Technology ETF
CQQQ Description
The investment seeks investment results that correspond generally to the performance, before the fund's fees and expenses, of an equity index called the AlphaShares China Technology Index. The fund invests at least 80% of its assets in common stock, ADRs, ADSs, GDRs and IDRs that comprise the index and depositary receipts or shares representing common stocks included in the index. The index is designed to measure and monitor the performance of the universe of publicly-traded companies which are based in mainland China, Hong Kong or Macau, are in the Information Technology Sector, as defined by GICS and are open to foreign investment. It is non-diversified.Grade (RS Rating)
Last Trade
$39.22
Average Daily Volume
512,578
7
Performance
Period | WFH | CQQQ |
---|---|---|
30 Days | 9.46% | -3.97% |
60 Days | 12.26% | 20.34% |
90 Days | 13.87% | 20.79% |
12 Months | 30.33% | 6.21% |
1 Overlapping Holdings
Symbol | Grade | Weight in WFH | Weight in CQQQ | Overlap | |
---|---|---|---|---|---|
YY | C | 2.29% | 0.79% | 0.79% |
WFH Overweight 39 Positions Relative to CQQQ
Symbol | Grade | Weight | |
---|---|---|---|
TEAM | A | 3.32% | |
HUBS | A | 3.04% | |
DOCU | A | 3.02% | |
CRM | B | 2.89% | |
ZS | C | 2.86% | |
CRWD | B | 2.86% | |
ORCL | B | 2.86% | |
PEGA | A | 2.81% | |
ATUS | C | 2.76% | |
MRVL | B | 2.76% | |
RNG | B | 2.72% | |
NOW | A | 2.68% | |
FTNT | C | 2.65% | |
AMZN | C | 2.63% | |
DDOG | A | 2.61% | |
ZM | B | 2.61% | |
S | B | 2.55% | |
NET | B | 2.54% | |
SMAR | A | 2.54% | |
CSCO | B | 2.51% | |
PANW | C | 2.46% | |
META | D | 2.43% | |
GOOGL | C | 2.42% | |
AVGO | D | 2.38% | |
MOMO | D | 2.34% | |
CYBR | B | 2.34% | |
NTCT | C | 2.32% | |
DOCN | D | 2.3% | |
WDAY | B | 2.26% | |
BOX | B | 2.25% | |
MSFT | F | 2.25% | |
IBM | C | 2.21% | |
OKTA | C | 2.2% | |
SNX | C | 2.16% | |
NTAP | C | 2.14% | |
VZ | C | 2.12% | |
VRNS | D | 2.04% | |
ADBE | C | 1.98% | |
XRX | F | 1.66% |
WFH: Top Represented Industries & Keywords
CQQQ: Top Represented Industries & Keywords