DFEN vs. PRN ETF Comparison

Comparison of Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN) to PowerShares Dynamic Industrials (PRN)
DFEN

Direxion Daily Aerospace & Defense Bull 3X Shares

DFEN Description

The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the Dow Jones U.S. Select Aerospace & Defense Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments that provide daily leveraged exposure to the index and/or exchange-traded funds ("ETFs") that track the index. The index is provided by Dow Jones U.S. Index. The index provider attempts to measure the performance of the aerospace and defense industry of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$37.40

Average Daily Volume

288,677

Number of Holdings *

32

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

PowerShares Dynamic Industrials

PRN Description The PowerShares Dynamic Industrials Sector Portfolio (Fund) is based on the Dynamic Industrials Sector IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index thoroughly evaluates companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 60 US industrial companies. These are companies that are principally engaged in the business of providing industrial products and services, including engineering heavy machinery, construction, electrical equipment, aerospace and defense and general manufacturing. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$175.62

Average Daily Volume

18,897

Number of Holdings *

40

* may have additional holdings in another (foreign) market
Performance
Period DFEN PRN
30 Days 2.43% 9.86%
60 Days 6.78% 16.00%
90 Days 11.81% 21.81%
12 Months 85.58% 62.90%
6 Overlapping Holdings
Symbol Grade Weight in DFEN Weight in PRN Overlap
AXON A 4.59% 3.45% 3.45%
GE D 11.78% 2.0% 2.0%
HEI A 1.75% 3.58% 1.75%
HEI A 1.22% 3.58% 1.22%
HWM A 3.31% 3.08% 3.08%
TDG D 2.63% 2.31% 2.31%
DFEN Overweight 26 Positions Relative to PRN
Symbol Grade Weight
RTX D 9.63%
LMT D 6.5%
LHX C 3.0%
BA F 2.94%
GD D 2.68%
NOC D 2.67%
TXT D 1.99%
CW C 1.7%
BWXT B 1.44%
WWD C 1.27%
HII F 0.94%
MOG.A B 0.77%
RKLB A 0.74%
AVAV C 0.71%
HXL F 0.6%
KTOS B 0.47%
SPR D 0.43%
AIR B 0.29%
MRCY C 0.25%
TGI B 0.17%
ACHR B 0.12%
CDRE F 0.11%
DCO C 0.11%
RGR F 0.08%
SWBI C 0.07%
NPK B 0.05%
DFEN Underweight 35 Positions Relative to PRN
Symbol Grade Weight
SMR B -5.12%
FIX A -4.0%
PWR A -3.83%
WSO A -3.68%
GWW B -3.68%
PH A -3.52%
TT A -3.33%
CTAS B -3.17%
URI C -3.08%
PKG A -2.88%
STRL A -2.85%
FI A -2.85%
CSL C -2.43%
IRM C -2.41%
CSWI B -2.25%
DY D -2.16%
RSG A -2.04%
EXP B -2.01%
CARR C -1.98%
MLI B -1.96%
GVA A -1.94%
BAH F -1.83%
LMB B -1.81%
AIT B -1.78%
ROAD B -1.71%
KAI B -1.63%
CLH C -1.5%
TTEK F -1.49%
ITT A -1.45%
TPC C -1.45%
VSEC C -1.44%
UFPI C -1.4%
CECO B -1.33%
RUSHA C -1.32%
FWRD D -1.31%
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