CLDL vs. QLTY ETF Comparison

Comparison of Direxion Daily Cloud Computing Bull 2X Shares (CLDL) to GMO U.S. Quality ETF (QLTY)

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

$16.54

Average Daily Volume

17,052

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QLTY

GMO U.S. Quality ETF

QLTY Description

QLTY seeks total return by investing in US companies deemed high quality. These companies are defined as having established businesses capable of delivering substantial returns on past investments, utilizing cash flows for high-return investments, or returning cash to shareholders through dividends or share buybacks. The investment strategy combines systematic factors like profitability and leverage, alongside judgmental factors such as assessments of future profitability and growth prospects. It may also use various valuation methodologies, including discounted cash flow analysis and multiples of price-to-earnings, revenues, book values, or other fundamental metrics, to acquire underrated stocks. Additionally, the fund may invest in other ETFs. The fund may also invest in the GMO U.S. Treasury Fund, and money market funds. Investment decisions are not constrained by portfolio turnover rates or benchmark considerations.

Grade (RS Rating)

Last Trade

$32.50

Average Daily Volume

265,587

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CLDL	QLTY
30 Days	38.58%	0.40%
60 Days	54.99%	0.12%
90 Days	62.98%	2.04%
12 Months	77.98%	26.17%

2 Overlapping Holdings

	Symbol	Grade	Weight in CLDL	Weight in QLTY	Overlap
	CRM	B	3.6%	2.84%	2.84%
	ORCL	A	4.85%	4.71%	4.71%

CLDL Overweight 45 Positions Relative to QLTY

Symbol	Grade	Weight
MSTR	B	6.88%
NOW	A	4.5%
TEAM	A	4.23%
SAP	B	3.97%
ADSK	A	3.85%
CRWD	B	3.5%
ADBE	C	3.47%
VEEV	C	3.32%
WDAY	B	3.28%
SNOW	B	2.73%
ZM	C	2.72%
ZS	B	2.61%
NTNX	B	2.45%
TWLO	A	2.36%
DOCU	B	2.3%
AKAM	D	1.86%
PAYC	B	1.59%
PCTY	C	1.28%
BILL	A	1.23%
DBX	B	0.99%
SPSC	D	0.92%
ACIW	B	0.82%
QLYS	B	0.76%
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%
DOCN	C	0.28%
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 32 Positions Relative to QLTY

Symbol	Grade	Weight
MSFT	D	-6.46%
AAPL	C	-5.33%
META	D	-4.5%
GOOGL	C	-4.43%
JNJ	C	-4.24%
ABT	B	-4.17%
UNH	B	-3.62%
TXN	C	-3.53%
ACN	B	-3.3%
V	A	-3.22%
PG	C	-3.2%
ISRG	A	-2.92%
KLAC	F	-2.85%
LRCX	F	-2.85%
KO	D	-2.81%
HLT	A	-2.62%
ARMK	B	-2.56%
ELV	F	-2.5%
WFC	A	-2.45%
AVGO	D	-2.45%
MRK	D	-2.41%
AMZN	C	-2.4%
USB	A	-2.31%
OTIS	C	-2.25%
TJX	A	-2.14%
GE	D	-1.73%
MDLZ	F	-1.72%
LLY	F	-1.61%
STZ	D	-1.59%
CI	D	-1.49%
DGX	A	-1.35%
TMO	F	-0.91%