EQUL vs. FAS ETF Comparison

Comparison of IQ Engender Equality ETF (EQUL) to Direxion Financial Bull 3X Shares (FAS)

EQUL

IQ Engender Equality ETF

EQUL Description

The EQUL IQ Engender Equality ETF tracks the Solactive Equileap U.S. Gender Equality Index, which is designed to deliver exposure to global companies that promote gender equality and are committed to women’s empowerment through equal compensation and gender balance in leadership and the workforce.

Grade (RS Rating)

Last Trade

$27.12

Average Daily Volume

225

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FAS

Direxion Financial Bull 3X Shares

FAS Description

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the Russell 1000Â® Financial Services Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the Russell 1000Â® Financial Services Index ("index") and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is a subset of the Russell 1000Â® Index that measures the performance of the securities classified in the financial services sector of the large cap U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$175.16

Average Daily Volume

581,687

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EQUL	FAS
30 Days	-0.45%	21.44%
60 Days	1.12%	33.28%
90 Days	4.86%	42.53%
12 Months	26.72%	159.57%

11 Overlapping Holdings

Symbol	Grade	Weight in EQUL	Weight in FAS	Overlap
BAC	A	1.52%	3.06%	1.52%
BLK	C	1.51%	1.44%	1.44%
C	A	1.52%	1.29%	1.29%
GS	A	1.58%	1.84%	1.58%
JPM	A	1.51%	6.8%	1.51%
MA	C	1.36%	4.24%	1.36%
MCO	B	1.29%	0.75%	0.75%
MET	A	1.39%	0.48%	0.48%
PYPL	B	1.57%	0.87%	0.87%
SPGI	C	1.26%	1.62%	1.26%
WFC	A	1.75%	2.45%	1.75%

EQUL Overweight 64 Positions Relative to FAS

Symbol	Grade	Weight
LYFT	C	1.99%
DASH	A	1.72%
CRM	B	1.68%
GM	B	1.59%
CMI	A	1.57%
MAR	B	1.57%
AFRM	A	1.56%
AA	B	1.55%
Z	A	1.54%
BMY	B	1.52%
GLOB	B	1.51%
HLT	A	1.49%
ADSK	A	1.49%
ALB	C	1.48%
VFC	C	1.45%
ILMN	D	1.43%
META	D	1.41%
INTU	C	1.41%
PARA	C	1.41%
VRSK	A	1.38%
SCI	B	1.36%
BSX	B	1.36%
WELL	A	1.35%
KEYS	A	1.34%
F	C	1.33%
ACN	C	1.33%
YUM	B	1.32%
MCD	D	1.31%
K	A	1.3%
NBIX	C	1.3%
NYT	C	1.29%
UBER	D	1.29%
CLX	B	1.29%
WBA	F	1.27%
ECL	D	1.27%
VTR	C	1.27%
CRL	C	1.26%
ETSY	D	1.23%
BMRN	D	1.22%
PG	A	1.22%
PEP	F	1.21%
IPG	D	1.21%
KMB	D	1.19%
SJM	D	1.19%
XYL	D	1.19%
WEX	D	1.18%
VZ	C	1.18%
JNJ	D	1.18%
HAS	D	1.17%
HSY	F	1.16%
AMGN	D	1.15%
DOW	F	1.14%
IFF	D	1.12%
GIS	D	1.12%
KO	D	1.12%
MDLZ	F	1.12%
CL	D	1.12%
HALO	F	1.11%
MRK	F	1.08%
BIIB	F	1.07%
COTY	F	1.06%
NEM	D	0.99%
CNC	D	0.99%
OGN	D	0.95%

EQUL Underweight 61 Positions Relative to FAS

Symbol	Grade	Weight
BRK.A	B	-8.47%
V	A	-5.09%
MS	A	-1.63%
AXP	A	-1.6%
PGR	A	-1.49%
BX	A	-1.29%
FI	A	-1.2%
SCHW	B	-1.18%
MMC	B	-1.08%
CB	C	-1.07%
KKR	A	-1.0%
ICE	C	-0.89%
PNC	B	-0.82%
AON	A	-0.81%
CME	A	-0.8%
USB	A	-0.78%
COF	B	-0.69%
AJG	B	-0.64%
TFC	A	-0.61%
TRV	B	-0.58%
BK	A	-0.57%
AMP	A	-0.55%
AFL	B	-0.55%
ALL	A	-0.51%
FIS	C	-0.48%
AIG	B	-0.48%
MSCI	C	-0.47%
PRU	A	-0.44%
DFS	B	-0.43%
ACGL	D	-0.37%
MTB	A	-0.35%
HIG	B	-0.34%
WTW	B	-0.32%
FITB	A	-0.32%
NDAQ	A	-0.32%
GPN	B	-0.29%
RJF	A	-0.29%
STT	A	-0.28%
BRO	B	-0.26%
TROW	B	-0.26%
HBAN	A	-0.25%
SYF	B	-0.25%
CPAY	A	-0.25%
RF	A	-0.24%
CINF	A	-0.23%
CBOE	B	-0.21%
CFG	B	-0.21%
NTRS	A	-0.21%
FDS	B	-0.19%
KEY	B	-0.18%
WRB	A	-0.18%
PFG	D	-0.18%
EG	C	-0.16%
L	A	-0.15%
JKHY	D	-0.12%
AIZ	A	-0.11%
GL	B	-0.1%
MKTX	D	-0.1%
ERIE	D	-0.1%
IVZ	B	-0.08%
BEN	C	-0.07%