CLDL vs. LBAY ETF Comparison

Comparison of Direxion Daily Cloud Computing Bull 2X Shares (CLDL) to Leatherback Long/Short Alternative Yield ETF (LBAY)

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

$9.79

Average Daily Volume

6,088

Number of Holdings ^*

* may have additional holdings in another (foreign) market

LBAY

Leatherback Long/Short Alternative Yield ETF

LBAY Description

The investment seeks capital appreciation and income. The fund is an actively-managed ETF that seeks to achieve its investment objective by purchasing long positions in securities believed to provide sustainable shareholder yield (defined as dividends plus buybacks plus debt paydowns) and taking short positions in securities expected to decline in price. It will generally have net exposure of 75% - 110% long. The fund's long positions are generally expected to be comprised of equity securities or depositary receipts, although long positions may also include investment-grade corporate bonds and convertible bonds. It is non-diversified.

Grade (RS Rating)

Last Trade

$27.71

Average Daily Volume

2,579

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CLDL	LBAY
30 Days	-1.21%	-0.48%
60 Days	17.10%	2.36%
90 Days	0.62%	8.09%
12 Months	18.95%	10.15%

0 Overlapping Holdings

	Symbol	Grade	Weight in CLDL	Weight in LBAY	Overlap

CLDL Overweight 47 Positions Relative to LBAY

Symbol	Grade	Weight
ORCL	C	4.67%
SAP	C	4.19%
NOW	C	4.1%
MSTR	C	3.74%
ADSK	C	3.68%
ADBE	F	3.61%
VEEV	C	3.24%
CRM	C	3.21%
WDAY	D	3.18%
CRWD	D	3.07%
TEAM	D	2.96%
SNOW	F	2.54%
ZM	B	2.43%
ZS	F	2.3%
AKAM	D	2.26%
NTNX	D	2.26%
DOCU	B	1.91%
TWLO	C	1.67%
PAYC	D	1.27%
PCTY	C	1.09%
SPSC	D	1.05%
DBX	C	0.96%
BILL	D	0.81%
ACIW	A	0.79%
APPF	C	0.7%
QLYS	F	0.69%
BOX	C	0.68%
WK	D	0.58%
BLKB	C	0.54%
INFA	D	0.49%
BL	D	0.4%
AI	F	0.39%
ALRM	F	0.39%
RNG	F	0.38%
CWAN	C	0.37%
DOCN	C	0.33%
FIVN	F	0.31%
NCNO	D	0.3%
FRSH	F	0.29%
ZUO	F	0.17%
PYCR	D	0.15%
RDWR	B	0.12%
PRO	F	0.12%
VMEO	C	0.11%
BLND	C	0.1%
ENFN	C	0.07%
SEMR	B	0.05%

CLDL Underweight 56 Positions Relative to LBAY

Symbol	Grade	Weight
NEM	C	-4.99%
BG	D	-4.81%
XOM	B	-4.78%
ORI	A	-4.75%
MMM	B	-4.7%
FIS	C	-4.61%
LW	D	-4.4%
AGNC	C	-4.24%
MO	B	-4.12%
CMCSA	B	-4.07%
ZBH	F	-4.05%
MDT	A	-4.03%
ICE	A	-4.02%
VTRS	D	-4.01%
AWK	C	-3.61%
ABBV	A	-3.58%
RIO	A	-3.52%
UNP	C	-3.43%
EBAY	A	-3.32%
V	C	-3.26%
PKG	A	-3.25%
APD	C	-3.2%
LHX	A	-3.08%
MTN	D	-3.08%
T	A	-3.03%
CARR	C	-2.97%
PCH	C	-2.91%
SPGI	C	-2.84%
MSCI	B	-2.79%
BKNG	C	-2.72%
DE	A	-2.7%
KDP	C	-2.62%
KO	B	-2.56%
SOLV	D	-2.09%
EVR	C	--1.19%
SITE	D	--1.25%
BURL	D	--1.25%
DKS	D	--1.27%
FIX	B	--1.28%
SHOP	C	--1.3%
EQIX	B	--1.31%
DLR	C	--1.33%
TXRH	B	--1.41%
AVGO	C	--1.49%
CMG	C	--1.52%
DUOL	B	--1.59%
SQ	D	--1.63%
VRT	B	--1.7%
KKR	C	--1.71%
OLLI	C	--1.78%
SF	A	--1.79%
CVNA	A	--1.8%
PLNT	C	--1.9%
RCL	C	--2.0%
TSLA	B	--2.08%
DASH	B	--2.13%