BERZ vs. AAPU ETF Comparison

Comparison of MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (BERZ) to Direxion Daily AAPL Bull 1.5X Shares (AAPU)

BERZ

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN

BERZ Description

BERZ provides daily -3x inverse exposure to an index of FANG and technology companies that meet certain requirements. The fund will consistently comprise eight core components (Alphabet, Amazon, Apple, Facebook, Microsoft, Netflix, NVIDIA, and Tesla) and include seven companies determined through a selection methodology. Eligible securities must be listed on a US exchange, classified in the technology sector, and have a market cap of at least 10 billion USD. Selection will begin with ranking the securities by market cap and selecting the 30 largest companies which will then be sorted by 12-month average daily value traded. The top seven stocks will complete the index along with the eight core components and are then equally weighted. The index is rebalanced monthly and reconstituted quarterly. As a leveraged inverse product with -3x factor that resets daily, BERZ is not a buy-and-hold investment and should not be expected to provide index leverage return greater than a one day period.

Grade (RS Rating)

Last Trade

$13.58

Average Daily Volume

111,282

Number of Holdings ^*

15

* may have additional holdings in another (foreign) market

AAPU

Direxion Daily AAPL Bull 1.5X Shares

AAPU Description

Direxion Daily AAPL Bull 1.5X Shares is an exchange traded fund launched by Direxion Investments. The fund is managed by Rafferty Asset Management, LLC. It invests in public equity markets of global region. The fund invests through derivatives in stocks of companies operating across smartphones, personal computers, tablets, wearables, and accessories sectors. The fund employs short strategy and uses derivatives such as swaps to create its portfolio. The fund invests in growth and value stocks of companies across diversified market capitalization. Direxion Daily AAPL Bull 1.5X Shares is domiciled in the United States.

Grade (RS Rating)

Last Trade

$35.78

Average Daily Volume

644,054

Number of Holdings ^*

1

* may have additional holdings in another (foreign) market

Performance

Period	BERZ	AAPU
30 Days	-19.36%	0.62%
60 Days	-44.75%	3.62%
90 Days	-45.24%	7.23%
12 Months	-76.75%	42.58%

1 Overlapping Holdings

	Symbol	Grade	Weight in BERZ	Weight in AAPU	Overlap
	AAPL	B	6.67%	19.83%	6.67%

BERZ Overweight 14 Positions Relative to AAPU

	Symbol	Grade	Weight
	TSLA	A	6.67%
	CRM	B	6.67%
	PANW	A	6.67%
	NVDA	A	6.67%
	NFLX	A	6.67%
	MU	C	6.67%
	INTC	C	6.67%
	GOOGL	B	6.67%
	AVGO	B	6.67%
	AMZN	A	6.67%
	AMD	F	6.67%
	ADBE	F	6.67%
	MSFT	C	6.67%
	META	B	6.67%

BERZ Underweight 0 Positions Relative to AAPU

	Symbol	Grade	Weight

BERZ: Top Represented Industries & Keywords

Industries: Semiconductors Software - Application Internet Content & Information Auto Manufacturers Consumer Electronics Media - Diversified Semiconductor Memory Software - Infrastructure Specialty Retail

Keywords: S&P 500 Nasdaq 100 Computing Work From Home Dow Jones Component Mobile Devices Hyperscale Smartphones Software Consumer Electronics Design Manufacturers Laptop Computer Operating System Subscription Services Artificial Intelligence Baseband Baseband Processor CRM Cellular Telephone Cloud Computing

AAPU: Top Represented Industries & Keywords

Industries: Consumer Electronics

Keywords: Cellular Network Computing Dow Jones Component Laptop Computer Nasdaq 100 Operating System S&P 500 Smartphones Streaming Services Subscription Services Tablet Computers