ERX vs. WTID ETF Comparison

Comparison of Direxion Energy Bull 3X Shares (ERX) to Bank Of Montreal MicroSectors Energy 3X Inverse Leveraged ETNs (WTID)

ERX

Direxion Energy Bull 3X Shares

ERX Description

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the Energy Select Sector Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the Energy Select Sector Index ("index") and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is provided by Standard & Poor's and includes domestic companies from the following industries: oil, gas & consumable fuels; and energy equipment & services. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$68.03

Average Daily Volume

451,543

Number of Holdings ^*

* may have additional holdings in another (foreign) market

WTID

Bank Of Montreal MicroSectors Energy 3X Inverse Leveraged ETNs

WTID Description

The investment seeks to provide a three times leveraged inverse exposure to changes in the level of the Bloomberg WTI Crude Oil Subindex ERSM. The index is designed to measure the return from a rolling long position in WTI crude oil futures contracts that trade on major U.S. exchanges.

Grade (RS Rating)

Last Trade

$16.19

Average Daily Volume

974

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ERX	WTID
30 Days	9.27%	-9.62%
60 Days	19.49%	-19.92%
90 Days	8.37%	-2.73%
12 Months	26.10%	-34.04%

10 Overlapping Holdings

Symbol	Grade	Weight in ERX	Weight in WTID	Overlap
COP	C	5.01%	12.36%	5.01%
CVX	A	10.19%	15.0%	10.19%
DVN	F	1.15%	5.38%	1.15%
EOG	A	2.83%	6.48%	2.83%
EQT	A	1.1%	5.36%	1.1%
MPC	D	2.39%	7.85%	2.39%
OXY	F	1.59%	9.69%	1.59%
PSX	C	2.47%	6.04%	2.47%
VLO	C	2.05%	7.49%	2.05%
XOM	B	14.78%	15.0%	14.78%

ERX Overweight 12 Positions Relative to WTID

Symbol	Grade	Weight
WMB	A	3.11%
SLB	C	2.86%
OKE	A	2.75%
KMI	A	2.34%
BKR	A	1.96%
TRGP	A	1.88%
HES	B	1.82%
FANG	D	1.59%
HAL	C	1.24%
CTRA	A	0.84%
MRO	A	0.74%
APA	F	0.42%

ERX Underweight 0 Positions Relative to WTID

	Symbol	Grade	Weight

WTID: Top Represented Industries & Keywords

Industries: Oil & Gas E&P Oil & Gas Refining & Marketing Oil & Gas Integrated