AFSM vs. DPST ETF Comparison

Comparison of Active Factor Small Cap ETF (AFSM) to Direxion Daily Regional Banks Bull 3X Shares (DPST)

AFSM

Active Factor Small Cap ETF

AFSM Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by small capitalization companies. The manager defines small capitalization companies as those that, at the time of investment, have a market capitalization between a minimum of $250 million and the maximum market capitalization of a widely recognized index of small capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$30.46

Average Daily Volume

6,218

Number of Holdings ^*

295

* may have additional holdings in another (foreign) market

DPST

Direxion Daily Regional Banks Bull 3X Shares

DPST Description

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the Solactive Regional Bank Index. The fund creates long positions by investing at least 80% of its assets in the securities that comprise the Solactive Regional Bank Index and/or financial instruments that provide leveraged and unleveraged exposure to the index. These financial instruments include: futures contracts; options on securities, indices and futures contracts; equity caps, floors and collars; swap agreements; forward contracts; short positions; reverse repurchase agreements; etc. It is non-diversified.

Grade (RS Rating)

Last Trade

$89.77

Average Daily Volume

1,348,693

Number of Holdings ^*

137

* may have additional holdings in another (foreign) market

Performance

Period	AFSM	DPST
30 Days	-0.31%	-15.55%
60 Days	4.84%	2.27%
90 Days	7.75%	32.17%
12 Months	27.35%	83.09%

15 Overlapping Holdings

Symbol	Grade	Weight in AFSM	Weight in DPST	Overlap
BKU	D	0.25%	0.89%	0.25%
CASH	D	0.3%	0.36%	0.3%
CHCO	D	0.51%	0.22%	0.22%
EGBN	C	0.46%	0.27%	0.27%
FBP	D	0.35%	0.59%	0.35%
IBOC	D	0.28%	0.45%	0.28%
OFG	D	0.58%	0.31%	0.31%
PFBC	D	0.78%	0.22%	0.22%
PFS	D	0.29%	0.64%	0.29%
PRK	D	0.53%	0.25%	0.25%
STBA	D	0.55%	0.21%	0.21%
TBBK	C	0.68%	1.16%	0.68%
THFF	D	0.27%	0.07%	0.07%
TRMK	D	0.29%	0.28%	0.28%
WABC	F	0.19%	0.21%	0.19%

AFSM Overweight 280 Positions Relative to DPST

Symbol	Grade	Weight
NHC	D	1.21%
MLI	B	1.13%
SKYW	B	0.98%
IDCC	A	0.94%
ALKS	C	0.92%
ANF	D	0.88%
CPRX	C	0.86%
TNK	D	0.85%
MHO	A	0.84%
CRS	B	0.83%
MTG	B	0.81%
SFM	A	0.81%
RDN	D	0.78%
DAKT	D	0.78%
BCC	B	0.77%
UVE	C	0.75%
FIX	B	0.73%
ZETA	B	0.72%
TMHC	B	0.72%
CVLT	C	0.71%
HALO	D	0.71%
EME	C	0.71%
JXN	B	0.68%
STRL	C	0.68%
HWKN	A	0.65%
BMI	A	0.65%
NMIH	C	0.65%
NHI	C	0.64%
PLUS	C	0.64%
CALM	A	0.63%
UFPT	D	0.62%
NTB	D	0.61%
SLVM	C	0.61%
COOP	C	0.61%
AROC	C	0.6%
PI	B	0.6%
MCY	B	0.6%
CRVL	C	0.6%
SANM	D	0.6%
SLG	C	0.6%
CEIX	B	0.59%
LNTH	C	0.59%
DOLE	C	0.58%
COKE	B	0.58%
ACT	C	0.57%
GMED	D	0.57%
KBH	C	0.57%
BELFB	B	0.56%
GMS	D	0.56%
FDP	B	0.56%
BTU	B	0.55%
MUSA	D	0.54%
APPF	C	0.54%
HSII	B	0.54%
DFIN	D	0.51%
SUPN	D	0.51%
REZI	F	0.51%
HRB	C	0.5%
TGNA	B	0.5%
BXC	D	0.5%
IIPR	C	0.5%
AMWD	C	0.5%
DDS	D	0.49%
TEX	F	0.48%
BRBR	B	0.48%
BLBD	D	0.48%
POWL	A	0.47%
RMR	B	0.47%
CORT	B	0.46%
YOU	C	0.46%
CSWI	B	0.45%
EVER	D	0.45%
PLAB	D	0.45%
ADUS	C	0.45%
PINC	F	0.44%
LPG	F	0.44%
PRDO	D	0.44%
VRNT	F	0.43%
HRMY	B	0.43%
AMR	F	0.42%
WFRD	F	0.42%
CAL	F	0.42%
SIG	C	0.41%
SPNS	C	0.41%
ESNT	C	0.41%
CVNA	A	0.4%
M	F	0.4%
BDC	B	0.4%
PRGS	B	0.4%
MTH	B	0.4%
YMAB	D	0.39%
WNC	F	0.39%
CNXN	C	0.39%
ANIP	D	0.38%
CCRN	F	0.37%
INMD	F	0.37%
GRBK	B	0.37%
TMDX	D	0.37%
HIW	C	0.37%
PDM	C	0.36%
LGND	D	0.36%
HDSN	D	0.35%
BPMC	F	0.35%
PBF	F	0.35%
RXST	F	0.35%
HIMS	C	0.35%
ASO	D	0.35%
ODP	F	0.34%
TWI	D	0.34%
MATX	B	0.34%
LOPE	D	0.33%
SCS	D	0.33%
MOG.A	B	0.33%
AVNS	C	0.33%
QTWO	C	0.33%
BNL	B	0.32%
LRN	C	0.32%
RDNT	C	0.32%
APOG	B	0.32%
CRAI	B	0.32%
ATKR	F	0.32%
CUZ	C	0.31%
ASC	D	0.31%
USLM	C	0.31%
VRNS	C	0.31%
CMC	C	0.31%
SBRA	C	0.3%
IESC	B	0.3%
PRMW	C	0.3%
AKR	B	0.29%
BKE	C	0.29%
TILE	B	0.29%
DXC	D	0.29%
GNK	C	0.29%
MD	B	0.28%
BKH	B	0.28%
CNK	C	0.28%
ATGE	C	0.28%
PRG	C	0.28%
TCMD	C	0.28%
PHIN	D	0.27%
GEO	F	0.27%
INSW	C	0.27%
GIII	C	0.27%
PSN	A	0.27%
HCI	C	0.27%
HUBG	D	0.27%
AZZ	C	0.27%
BHE	C	0.27%
ONTO	C	0.26%
PRM	B	0.26%
HCC	D	0.26%
ADMA	B	0.26%
VIRT	C	0.26%
DNOW	F	0.26%
HURN	C	0.26%
MEDP	F	0.26%
AMKR	F	0.26%
MED	F	0.25%
ABG	D	0.25%
ITCI	D	0.24%
SMP	D	0.24%
IMKTA	F	0.24%
KELYA	D	0.23%
KN	D	0.23%
HLX	D	0.23%
NTCT	C	0.23%
SBH	B	0.23%
NUS	F	0.22%
STNG	D	0.22%
LMAT	B	0.22%
DHT	B	0.22%
UCTT	D	0.22%
ENS	C	0.22%
GOGL	C	0.22%
PIPR	C	0.22%
CMPR	F	0.22%
VNDA	F	0.22%
MRVI	D	0.22%
INTA	C	0.22%
NSSC	F	0.22%
EXTR	D	0.21%
ADNT	D	0.21%
HAE	D	0.21%
TNC	F	0.21%
CRDO	C	0.21%
SIGA	F	0.21%
PK	D	0.21%
BLFS	D	0.2%
SXC	F	0.2%
ASGN	D	0.2%
NX	F	0.2%
NAVI	D	0.2%
HY	F	0.2%
XRX	F	0.2%
KRC	C	0.2%
HOV	C	0.2%
GES	F	0.19%
AXSM	C	0.19%
VSH	F	0.19%
VCTR	C	0.18%
SGBX	F	0.18%
SCVL	C	0.18%
BRC	C	0.17%
NVST	D	0.17%
SD	F	0.17%
AGX	B	0.17%
OSCR	C	0.17%
TPC	B	0.16%
SCSC	D	0.15%
HROW	C	0.15%
CWCO	F	0.14%
ASTH	B	0.14%
CLW	F	0.14%
METC	D	0.14%
TWST	D	0.14%
TGTX	C	0.14%
CECO	D	0.14%
TARS	C	0.14%
MAX	D	0.14%
AYI	A	0.13%
NECB	B	0.13%
MOV	F	0.13%
ALRM	F	0.13%
PCRX	F	0.12%
CHRD	F	0.12%
AIT	A	0.12%
EIG	B	0.12%
CGEM	F	0.12%
CSGS	C	0.12%
ALKT	D	0.11%
INVA	B	0.11%
AMCX	F	0.1%
GFF	B	0.1%
SPSC	D	0.1%
RAMP	F	0.09%
YEXT	B	0.09%
KSS	D	0.08%
CTRE	B	0.08%
KRYS	D	0.08%
KTB	B	0.08%
MLKN	F	0.08%
NSIT	C	0.07%
WGO	D	0.07%
OMI	F	0.07%
TPH	B	0.07%
COLL	B	0.06%
VSTO	D	0.06%
EOLS	B	0.06%
JWN	D	0.06%
AMN	F	0.06%
REVG	D	0.05%
OTTR	F	0.05%
SEMR	B	0.05%
ATEN	C	0.05%
ETH	D	0.05%
SWX	C	0.05%
FORM	F	0.05%
ANDE	D	0.05%
GRND	D	0.05%
FTDR	C	0.05%
CTS	D	0.05%
APAM	C	0.05%
OGS	A	0.05%
AMPH	C	0.05%
VITL	C	0.04%
LBRT	F	0.04%
JBI	F	0.04%
HE	F	0.04%
TDC	D	0.04%
PHR	F	0.04%
RYI	F	0.03%
ACLS	F	0.03%
PGNY	F	0.03%
SWI	C	0.03%
EMBC	D	0.03%
ACIW	A	0.02%
MITK	F	0.0%
MAIN	B	0.0%
EPAC	C	0.0%

AFSM Underweight 122 Positions Relative to DPST

Symbol	Grade	Weight
WAL	C	-1.91%
VLY	C	-1.83%
COLB	C	-1.81%
SNV	D	-1.63%
MTB	C	-1.62%
RF	C	-1.61%
SSB	C	-1.59%
CFG	D	-1.58%
TFC	D	-1.57%
WBS	D	-1.56%
EWBC	D	-1.55%
HBAN	C	-1.55%
ZION	D	-1.52%
OZK	F	-1.49%
CFR	D	-1.47%
FHN	D	-1.46%
PNFP	D	-1.32%
PB	D	-1.27%
WTFC	C	-1.24%
BPOP	D	-1.19%
CADE	D	-1.17%
ONB	D	-1.11%
BANC	C	-1.11%
AX	D	-1.08%
FNB	D	-1.0%
TCBI	C	-0.97%
CBSH	D	-0.89%
UMBF	C	-0.88%
ASB	F	-0.86%
GBCI	D	-0.85%
HOMB	D	-0.84%
HWC	D	-0.82%
FIBK	D	-0.75%
FULT	D	-0.75%
ABCB	C	-0.62%
UBSI	D	-0.61%
FFIN	D	-0.59%
BOH	F	-0.56%
INDB	D	-0.54%
CBU	D	-0.52%
FHB	D	-0.52%
UCBI	C	-0.52%
WAFD	D	-0.5%
CUBI	F	-0.5%
CATY	D	-0.49%
BOKF	D	-0.49%
IBTX	D	-0.48%
AUB	D	-0.46%
EBC	D	-0.45%
HTLF	C	-0.45%
SFBS	D	-0.45%
PPBI	D	-0.45%
CVBF	D	-0.45%
WSFS	D	-0.42%
SBCF	D	-0.37%
BANR	C	-0.35%
NWBI	D	-0.33%
SFNC	C	-0.33%
FRME	D	-0.32%
SASR	C	-0.32%
VBTX	C	-0.32%
TOWN	D	-0.29%
FFBC	D	-0.28%
HTH	D	-0.27%
NBTB	D	-0.25%
FCF	D	-0.25%
HOPE	D	-0.25%
RNST	D	-0.24%
LOB	C	-0.24%
BANF	D	-0.23%
LKFN	D	-0.22%
BHLB	D	-0.21%
NBHC	D	-0.21%
WSBC	D	-0.2%
FBNC	D	-0.2%
EFSC	D	-0.2%
FBMS	C	-0.19%
FBK	D	-0.19%
DCOM	C	-0.18%
OCFC	C	-0.17%
CFFN	D	-0.17%
SYBT	C	-0.16%
MCB	C	-0.15%
CPF	C	-0.15%
TCBK	D	-0.15%
BRKL	D	-0.14%
QCRH	D	-0.13%
HAFC	D	-0.13%
HFWA	D	-0.13%
CNOB	C	-0.13%
BUSE	D	-0.13%
OBK	F	-0.12%
HTBK	D	-0.12%
AMAL	D	-0.12%
SBSI	D	-0.12%
KRNY	D	-0.11%
TMP	D	-0.11%
PEBO	D	-0.11%
PFC	D	-0.11%
TFSL	D	-0.11%
SRCE	D	-0.11%
FFWM	F	-0.11%
OSBC	D	-0.1%
NIC	D	-0.1%
MBWM	D	-0.1%
PGC	D	-0.09%
WASH	D	-0.09%
HBNC	D	-0.08%
TRST	D	-0.08%
UVSP	D	-0.08%
CFB	D	-0.08%
BY	D	-0.08%
CCB	C	-0.08%
FFIC	D	-0.08%
CTBI	D	-0.07%
IBCP	D	-0.07%
AMTB	F	-0.06%
HONE	D	-0.06%
CLBK	F	-0.05%
GSBC	D	-0.05%
CAC	C	-0.05%
MSBI	D	-0.04%