DPST vs. FOVL ETF Comparison

Comparison of Direxion Daily Regional Banks Bull 3X Shares (DPST) to iShares Focused Value Factor ETF (FOVL)

DPST

Direxion Daily Regional Banks Bull 3X Shares

DPST Description

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the Solactive Regional Bank Index. The fund creates long positions by investing at least 80% of its assets in the securities that comprise the Solactive Regional Bank Index and/or financial instruments that provide leveraged and unleveraged exposure to the index. These financial instruments include: futures contracts; options on securities, indices and futures contracts; equity caps, floors and collars; swap agreements; forward contracts; short positions; reverse repurchase agreements; etc. It is non-diversified.

Grade (RS Rating)

Last Trade

$146.09

Average Daily Volume

1,138,629

Number of Holdings ^*

140

* may have additional holdings in another (foreign) market

FOVL

iShares Focused Value Factor ETF

FOVL Description

The investment seeks to track the to track the investment results of the Focused Value Select Index, which is an objective, rules-based, equal-weighted equity index provided by FTSE Russell. The underlying index measures the performance of large- and mid-capitalization U.S. companies with prominent value factor characteristics, as determined by Russell. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. It is non-diversified.

Grade (RS Rating)

Last Trade

$73.57

Average Daily Volume

2,250

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DPST	FOVL
30 Days	34.77%	5.56%
60 Days	40.34%	9.08%
90 Days	37.62%	12.44%
12 Months	148.68%	44.84%

6 Overlapping Holdings

Symbol	Grade	Weight in DPST	Weight in FOVL	Overlap
FHB	B	0.34%	2.82%	0.34%
FHN	A	2.77%	3.03%	2.77%
FNB	A	0.83%	2.81%	0.83%
MTB	A	3.58%	2.84%	2.84%
OZK	B	1.63%	2.65%	1.63%
RF	A	3.39%	2.66%	2.66%

DPST Overweight 134 Positions Relative to FOVL

Symbol	Grade	Weight
HBAN	A	3.46%
CFG	B	3.29%
TFC	A	3.13%
ZION	B	2.23%
WBS	A	1.74%
WAL	B	1.67%
SNV	C	1.65%
EWBC	A	1.5%
COLB	B	1.36%
CFR	B	1.35%
SSB	B	1.15%
PNFP	B	1.13%
CADE	B	1.08%
VLY	B	1.07%
AX	B	1.05%
WTFC	A	1.02%
UMBF	B	0.98%
PB	B	0.94%
ONB	C	0.86%
CBSH	B	0.82%
BPOP	C	0.8%
ASB	B	0.76%
BANC	B	0.68%
TBBK	C	0.67%
HWC	B	0.66%
TCBI	C	0.64%
GBCI	B	0.61%
FULT	A	0.61%
BKU	A	0.6%
HOMB	A	0.57%
FFIN	B	0.56%
CUBI	B	0.56%
BOH	B	0.54%
FBP	C	0.5%
ABCB	B	0.48%
UBSI	B	0.45%
FIBK	A	0.42%
EBC	B	0.4%
AUB	B	0.4%
PFS	B	0.39%
CVBF	A	0.39%
INDB	B	0.38%
CBU	B	0.38%
CATY	B	0.37%
BOKF	B	0.36%
IBOC	B	0.35%
SFBS	B	0.35%
UCB	A	0.34%
WAFD	B	0.33%
WSFS	B	0.31%
TFIN	B	0.31%
RNST	B	0.31%
IBTX	B	0.3%
PPBI	C	0.3%
HTLF	B	0.3%
BANR	B	0.29%
CASH	B	0.28%
SBCF	B	0.28%
NBHC	C	0.26%
SFNC	C	0.25%
TRMK	C	0.24%
FFBC	B	0.24%
HTH	C	0.23%
FRME	B	0.22%
SASR	B	0.22%
OFG	B	0.21%
HOPE	C	0.2%
VBTX	B	0.2%
NWBI	B	0.2%
FCF	B	0.2%
PRK	B	0.2%
BHLB	B	0.19%
BANF	B	0.18%
EGBN	B	0.18%
NBTB	B	0.18%
FBMS	B	0.17%
WSBC	B	0.17%
TOWN	B	0.17%
LKFN	C	0.17%
LOB	C	0.16%
PFBC	B	0.15%
EFSC	B	0.15%
FBNC	B	0.15%
FBK	C	0.15%
OCFC	B	0.14%
CHCO	B	0.14%
BRKL	B	0.14%
QCRH	B	0.13%
DCOM	B	0.13%
WABC	B	0.13%
CPF	B	0.11%
SRCE	B	0.11%
HAFC	B	0.11%
TCBK	C	0.11%
AMAL	B	0.11%
SYBT	B	0.11%
CFFN	C	0.11%
MCB	B	0.11%
STBA	B	0.11%
PFC	B	0.11%
NFBK	C	0.1%
OSBC	A	0.1%
BY	B	0.1%
HFWA	C	0.1%
FFWM	C	0.1%
BUSE	B	0.1%
CNOB	B	0.09%
IBCP	B	0.09%
TMP	B	0.09%
NIC	B	0.09%
PEBO	B	0.09%
CFB	B	0.09%
HTBK	B	0.09%
WASH	C	0.08%
CCB	A	0.08%
KRNY	C	0.08%
SBSI	C	0.08%
TFSL	A	0.08%
MBWM	B	0.07%
AMTB	B	0.07%
HIFS	C	0.07%
OBK	C	0.07%
PGC	B	0.07%
UVSP	B	0.06%
CTBI	B	0.06%
TRST	B	0.06%
FFIC	B	0.06%
CAC	C	0.05%
THFF	B	0.05%
MSBI	B	0.05%
HBNC	B	0.05%
CLBK	C	0.03%
HONE	C	0.03%
GSBC	C	0.03%

DPST Underweight 34 Positions Relative to FOVL

Symbol	Grade	Weight
DFS	B	-3.0%
NTRS	A	-2.81%
CMA	B	-2.77%
JHG	B	-2.77%
BAC	A	-2.74%
ALK	B	-2.7%
PNC	B	-2.7%
ETR	B	-2.69%
WTM	A	-2.65%
USB	A	-2.63%
FITB	B	-2.61%
HPE	B	-2.52%
CMCSA	B	-2.5%
OGE	A	-2.5%
VOYA	B	-2.49%
AXS	A	-2.49%
PNW	A	-2.43%
EVRG	A	-2.43%
PFG	D	-2.4%
PRGO	C	-2.38%
AVT	C	-2.36%
MET	A	-2.36%
D	C	-2.34%
CNA	C	-2.34%
MTG	C	-2.31%
RNR	C	-2.29%
UGI	C	-2.25%
RPRX	D	-2.18%
BG	D	-2.14%
VZ	C	-2.13%
CWEN	C	-2.08%
ADM	D	-2.04%
CRI	F	-1.91%
CNXC	F	-1.88%