CLDL vs. RVER ETF Comparison

Comparison of Direxion Daily Cloud Computing Bull 2X Shares (CLDL) to Advisor Managed Portfolios Trenchless Fund ETF (RVER)
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
RVER

Advisor Managed Portfolios Trenchless Fund ETF

RVER Description RVER seeks to outperform the S&P 500 Index over all time horizons through a narrow exposure to the US equity market. The fund typically invests in approximately 12 to 30 US-listed stocks of any market capitalization. The portfolio construction starts by screening companies based on valuation metrics such as free cash flow, net income, EBITDA, and revenue. Securities are then assessed using growth factors, including top and bottom-line revenue and net income growth. This analysis seeks to exclude firms with negative outliers and those the sub-adviser believes are likely to miss earnings expectations. The remaining companies are screened based on a review of the number and size of institutional holders. After these three initial screens, the sub-adviser ranks and selects from the remaining companies based on its view of positive price change potential. As an actively managed fund, the sub-adviser has full discretion to make buy, sell, and hold decisions at any time.

Grade (RS Rating)

Last Trade

$25.57

Average Daily Volume

5,611

Number of Holdings *

10

* may have additional holdings in another (foreign) market
Performance
Period CLDL RVER
30 Days 12.60% 0.59%
60 Days 0.03% 3.11%
90 Days -8.56% 2.77%
12 Months 19.79%
2 Overlapping Holdings
Symbol Grade Weight in CLDL Weight in RVER Overlap
AKAM F 2.43% 4.9% 2.43%
RNG F 0.41% 5.87% 0.41%
CLDL Overweight 46 Positions Relative to RVER
Symbol Grade Weight
CRWD B 5.07%
ORCL A 4.68%
ADBE B 4.61%
SAP A 4.43%
NOW A 4.3%
MSTR D 4.12%
ADSK B 3.94%
TEAM C 3.77%
SNOW D 3.64%
CRM C 3.53%
WDAY D 3.48%
VEEV D 3.44%
ZS B 3.06%
NTNX C 2.5%
ZM F 2.48%
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%
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 8 Positions Relative to RVER
Symbol Grade Weight
META A -7.34%
AMD B -6.75%
BMBL F -6.68%
SNAP B -6.09%
LULU F -5.89%
LYFT F -5.82%
EXPE C -5.13%
TOL D -5.08%
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