CLDL vs. IETC ETF Comparison

Comparison of Direxion Daily Cloud Computing Bull 2X Shares (CLDL) to iShares Evolved U.S. Technology ETF (IETC)

CLDL

Direxion Daily Cloud Computing Bull 2X Shares

CLDL Description

The investment seeks daily investment results, before fees and expenses, of 200% of the daily performance of the the Indxx USA Cloud Computing Index. The fund, under normal circumstances, invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. The index is provided by Indxx, LLC and includes domestic companies that deliver cloud computing infrastructure, platforms, or services. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$15.68

Average Daily Volume

17,052

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IETC

iShares Evolved U.S. Technology ETF

IETC Description

The investment seeks to provide access to U.S. companies with technology exposure, as classified using a proprietary classification system. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets in U.S. listed common stock of large-, mid- and small-capitalization technology companies. It will hold common stock of those companies that fall into the Technology Evolved Sector which have economic characteristics that have been historically correlated with companies traditionally defined as technology companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$81.98

Average Daily Volume

18,846

Number of Holdings ^*

117

* may have additional holdings in another (foreign) market

Performance

Period	CLDL	IETC
30 Days	38.58%	1.33%
60 Days	54.99%	5.40%
90 Days	62.98%	8.00%
12 Months	77.98%	39.57%

15 Overlapping Holdings

Symbol	Grade	Weight in CLDL	Weight in IETC	Overlap
ADBE	C	3.47%	1.19%	1.19%
ADSK	A	3.85%	0.71%	0.71%
AKAM	D	1.86%	0.14%	0.14%
BILL	A	1.23%	0.04%	0.04%
CRM	B	3.6%	3.82%	3.6%
CRWD	B	3.5%	0.33%	0.33%
DOCN	C	0.28%	0.05%	0.05%
MSTR	B	6.88%	0.28%	0.28%
NOW	A	4.5%	2.11%	2.11%
ORCL	A	4.85%	3.5%	3.5%
QLYS	B	0.76%	0.17%	0.17%
TEAM	A	4.23%	0.84%	0.84%
VEEV	C	3.32%	0.11%	0.11%
WDAY	B	3.28%	0.69%	0.69%
ZM	C	2.72%	0.6%	0.6%

CLDL Overweight 32 Positions Relative to IETC

Symbol	Grade	Weight
SAP	B	3.97%
SNOW	B	2.73%
ZS	B	2.61%
NTNX	B	2.45%
TWLO	A	2.36%
DOCU	B	2.3%
PAYC	B	1.59%
PCTY	C	1.28%
DBX	B	0.99%
SPSC	D	0.92%
ACIW	B	0.82%
BOX	B	0.67%
WK	B	0.64%
APPF	B	0.64%
BLKB	B	0.51%
INFA	D	0.46%
BL	B	0.43%
RNG	C	0.42%
CWAN	B	0.42%
FRSH	B	0.4%
ALRM	C	0.4%
AI	B	0.39%
FIVN	C	0.39%
NCNO	C	0.37%
ZUO	B	0.19%
PYCR	B	0.17%
PRO	C	0.14%
VMEO	B	0.13%
RDWR	B	0.12%
BLND	A	0.1%
ENFN	B	0.06%
SEMR	C	0.04%

CLDL Underweight 102 Positions Relative to IETC

Symbol	Grade	Weight
AVGO	D	-11.87%
NVDA	B	-8.78%
AMZN	C	-8.02%
MSFT	D	-7.7%
ACN	B	-4.24%
AAPL	C	-2.42%
MSI	B	-2.4%
GOOGL	C	-2.34%
VRSN	C	-1.99%
IBM	C	-1.92%
CSCO	B	-1.85%
CDNS	B	-1.84%
META	D	-1.79%
ICE	C	-1.6%
GOOG	C	-1.44%
QCOM	F	-1.35%
MANH	D	-1.28%
FTNT	C	-1.25%
GPN	B	-1.12%
PH	A	-0.99%
MA	B	-0.95%
PANW	B	-0.82%
NTAP	C	-0.78%
EQIX	A	-0.74%
SSNC	B	-0.71%
AMD	F	-0.7%
ABNB	C	-0.66%
VRSK	A	-0.64%
TYL	B	-0.63%
IT	C	-0.62%
TTD	B	-0.62%
PLTR	B	-0.58%
ANET	C	-0.58%
CDW	F	-0.57%
MPWR	F	-0.52%
LMT	D	-0.41%
ANSS	B	-0.4%
MU	D	-0.39%
CSGP	D	-0.37%
MCO	B	-0.35%
KLAC	F	-0.34%
G	B	-0.32%
TXN	C	-0.3%
FDS	B	-0.3%
COIN	C	-0.28%
UBER	F	-0.23%
TTEK	F	-0.21%
DASH	B	-0.21%
SNPS	B	-0.2%
SQ	A	-0.2%
BAH	F	-0.2%
KEYS	A	-0.18%
MMC	B	-0.18%
BSY	F	-0.17%
TRU	D	-0.17%
DDOG	A	-0.16%
LRCX	F	-0.16%
CACI	D	-0.15%
PINS	F	-0.14%
HUBS	A	-0.14%
IQV	F	-0.13%
SWKS	F	-0.13%
MSCI	C	-0.12%
EA	A	-0.12%
NSIT	F	-0.1%
IPG	D	-0.1%
TER	F	-0.1%
NDAQ	A	-0.09%
CFLT	B	-0.09%
IRM	C	-0.09%
VRT	B	-0.09%
SLB	C	-0.09%
INTU	B	-0.07%
ADP	A	-0.07%
SNAP	D	-0.07%
ROK	C	-0.07%
CPAY	A	-0.06%
TDY	B	-0.06%
CBOE	C	-0.06%
SLAB	F	-0.06%
CPNG	D	-0.06%
DELL	B	-0.06%
JNPR	D	-0.06%
LPLA	A	-0.06%
QRVO	F	-0.06%
BBY	D	-0.06%
FBIN	D	-0.06%
MMS	F	-0.05%
ILMN	C	-0.05%
SAIC	F	-0.05%
CL	D	-0.04%
APPN	B	-0.04%
DXC	B	-0.04%
GLW	B	-0.03%
ZI	D	-0.02%
ENPH	F	-0.02%
XYL	D	-0.02%
RIVN	F	-0.01%
GDDY	A	-0.01%
ALGN	D	-0.0%
GRAL	B	-0.0%
FTV	C	-0.0%

IETC: Top Represented Industries & Keywords

Industries: Software - Application Business Services Semiconductors Information Technology Services Software - Infrastructure Internet Content & Information Capital Markets Semiconductor Equipment & Materials Communication Equipment Diagnostics & Research Diversified Industrials Financial Data & Stock Exchanges Scientific & Technical Instruments Computer Systems Internet Content & Information Specialty Retail Advertising Agencies Aerospace & Defense Auto Manufacturers Conglomerates