CLDL vs. IVRS ETF Comparison

Comparison of Direxion Daily Cloud Computing Bull 2X Shares (CLDL) to iShares Future Metaverse Tech and Communications ETF (IVRS)
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

$9.83

Average Daily Volume

12,864

Number of Holdings *

48

* may have additional holdings in another (foreign) market
IVRS

iShares Future Metaverse Tech and Communications ETF

IVRS Description The underlying index measures the performance of equity securities issued by U.S. and non-U.S. companies that enable the "metaverse" and virtual interactions, as determined by Morningstar or its affiliates. The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$33.25

Average Daily Volume

177

Number of Holdings *

28

* may have additional holdings in another (foreign) market
Performance
Period CLDL IVRS
30 Days 12.60% 1.17%
60 Days 0.03% 1.58%
90 Days -8.56% 2.06%
12 Months 19.79% 15.68%
4 Overlapping Holdings
Symbol Grade Weight in CLDL Weight in IVRS Overlap
ADBE B 4.61% 0.41% 0.41%
ADSK B 3.94% 4.99% 3.94%
CRM C 3.53% 0.38% 0.38%
ZM F 2.48% 2.08% 2.08%
CLDL Overweight 44 Positions Relative to IVRS
Symbol Grade Weight
CRWD B 5.07%
ORCL A 4.68%
SAP A 4.43%
NOW A 4.3%
MSTR D 4.12%
TEAM C 3.77%
SNOW D 3.64%
WDAY D 3.48%
VEEV D 3.44%
ZS B 3.06%
NTNX C 2.5%
AKAM F 2.43%
DOCU C 1.94%
TWLO D 1.76%
PAYC F 1.3%
SPSC B 1.25%
PCTY F 1.06%
DBX D 1.03%
QLYS D 0.93%
BILL F 0.92%
APPF B 0.89%
ACIW A 0.74%
INFA B 0.72%
BOX D 0.66%
WK F 0.65%
BLKB D 0.6%
FIVN D 0.57%
AI B 0.55%
ALRM C 0.54%
BL D 0.44%
RNG F 0.41%
FRSH D 0.4%
NCNO B 0.37%
DOCN C 0.32%
CWAN B 0.32%
EVBG B 0.25%
ZUO C 0.23%
PRO F 0.22%
PYCR D 0.16%
RDWR C 0.12%
VMEO F 0.1%
BLND C 0.07%
ENFN D 0.07%
SEMR C 0.05%
CLDL Underweight 24 Positions Relative to IVRS
Symbol Grade Weight
META A -6.0%
RBLX B -4.7%
SONY C -4.7%
PTC B -4.67%
EA B -4.61%
ANSS C -4.51%
TTWO C -4.33%
AAPL A -4.14%
U F -3.92%
SNPS B -3.8%
CDNS B -3.74%
GRMN C -3.6%
MSFT A -3.13%
NVDA B -2.73%
GOOGL A -1.67%
AMD B -0.43%
QCOM B -0.34%
INTC C -0.21%
MU C -0.21%
ANET A -0.13%
SNAP B -0.02%
AZPN D -0.01%
MTCH F -0.01%
YY C -0.0%
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