LEGR VS FINQ
4 min read
By Ron Koren, ETF Insider

LEGR VS FINQ

Exchange-Traded Funds (ETFs) have gained immense popularity among investors for their diversified exposure and ease of trading. In this article, we will conduct an in-depth comparison between two prominent ETFs: LEGR (First Trust Indxx Innovative Transaction & Process ETF) and FINQ (Global X FinTech ETF). We'll analyze key aspects, including ETF tickers, full names, issuers, sectors, top holdings, capitalization, strategy, tracking, and exposure.

LEGR VS FINQ: Overview

LEGR and FINQ represent distinct investment opportunities in the financial sector. LEGR is designed to provide exposure to companies engaged in innovative transaction and process technologies, while FINQ focuses on the rapidly evolving world of financial technology. These differing focuses lead to unique investment propositions, which we will explore in the following sections.

LEGR VS FINQ: Sectors and Top Holdings

The LEGR ETF is primarily invested in companies involved in blockchain technology, digital payments, and financial services innovation. Its top holdings include Square, PayPal Holdings, and Fidelity National Information Services. On the other hand, FINQ offers exposure to a broader range of fintech companies, including those involved in mobile payments, peer-to-peer lending, and digital banking. Understanding the sectors and top holdings is crucial for investors seeking to align their portfolios with specific fintech sub-sectors.

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LEGR VS FINQ: Capitalization and Strategy

LEGR boasts a substantial asset under management (AUM), reflecting its popularity among investors interested in innovative financial technologies. It follows a strategy of tracking the performance of companies at the forefront of transaction and process innovation. FINQ's strategy is centered around capturing the growth potential of global fintech firms. Differences in capitalization and strategy lead to varying risk-return profiles, and investors should carefully consider their investment objectives when choosing between these two ETFs.

LEGR VS FINQ: Tracking and Exposure

LEGR aims to provide investors with exposure to companies pioneering innovative transaction and process technologies. It tracks an index that includes businesses focused on blockchain, digital payments, and financial innovation. In contrast, FINQ seeks to mirror the performance of companies in the fintech industry, encompassing a wide range of financial technology services. Understanding the tracking methods and exposure strategies helps investors make informed decisions based on their specific investment goals and risk tolerance.

Conclusion

LEGR and FINQ are both appealing ETFs, catering to investors interested in the financial and fintech sectors, respectively. To gain deeper insights into the holdings, correlations, overlaps, and various nuances of these ETFs and other financial instruments, consider using ETF Insider, an intuitive and user-friendly app. It provides comprehensive details on these and other investment options.

Disclaimer: This article does not offer any investment advisory services. It is crucial to conduct thorough research and consult with financial professionals before making investment decisions.

LEGR ETF issuer
LEGR ETF official page

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