FAS vs. DTEC ETF Comparison

Comparison of Direxion Financial Bull 3X Shares (FAS) to ALPS Disruptive Technologies ETF (DTEC)

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

$165.57

Average Daily Volume

589,364

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DTEC

ALPS Disruptive Technologies ETF

DTEC Description

The investment seeks investment results that correspond (before fees and expenses) generally to the performance of the Indxx Disruptive Technologies Index (the underlying index). The fund will invest at least 80% of its net assets in securities that comprise the underlying index. The underlying index is designed to identify the companies using disruptive technologies in each of ten thematic areas: Healthcare Innovation, Internet of Things, Clean Energy and Smart Grid, Cloud Computing, Data and Analytics, FinTech, Robotics and Artificial Intelligence, Cybersecurity, 3D Printing, and Mobile Payments. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$44.72

Average Daily Volume

4,434

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FAS	DTEC
30 Days	10.81%	0.98%
60 Days	26.43%	3.21%
90 Days	40.16%	4.75%
12 Months	147.89%	19.15%

11 Overlapping Holdings

Symbol	Grade	Weight in FAS	Weight in DTEC	Overlap
AXP	B	1.6%	1.06%	1.06%
CPAY	A	0.25%	1.13%	0.25%
FI	A	1.2%	1.14%	1.14%
FIS	C	0.48%	0.98%	0.48%
GPN	C	0.29%	1.0%	0.29%
JKHY	D	0.12%	0.92%	0.12%
MA	B	4.24%	0.99%	0.99%
MCO	D	0.75%	0.94%	0.75%
PYPL	B	0.87%	1.14%	0.87%
SPGI	D	1.62%	0.92%	0.92%
V	A	5.09%	1.01%	1.01%

FAS Overweight 61 Positions Relative to DTEC

Symbol	Grade	Weight
BRK.A	B	8.47%
JPM	A	6.8%
BAC	A	3.06%
WFC	A	2.45%
GS	B	1.84%
MS	A	1.63%
PGR	B	1.49%
BLK	B	1.44%
C	B	1.29%
BX	A	1.29%
SCHW	A	1.18%
MMC	D	1.08%
CB	C	1.07%
KKR	A	1.0%
ICE	C	0.89%
PNC	B	0.82%
AON	B	0.81%
CME	A	0.8%
USB	B	0.78%
COF	B	0.69%
AJG	B	0.64%
TFC	A	0.61%
TRV	A	0.58%
BK	B	0.57%
AMP	A	0.55%
AFL	C	0.55%
ALL	A	0.51%
MET	A	0.48%
AIG	C	0.48%
MSCI	B	0.47%
PRU	B	0.44%
DFS	B	0.43%
ACGL	D	0.37%
MTB	A	0.35%
HIG	B	0.34%
WTW	B	0.32%
FITB	B	0.32%
NDAQ	A	0.32%
RJF	A	0.29%
STT	B	0.28%
BRO	B	0.26%
TROW	B	0.26%
HBAN	B	0.25%
SYF	B	0.25%
RF	A	0.24%
CINF	A	0.23%
CBOE	C	0.21%
CFG	B	0.21%
NTRS	A	0.21%
FDS	B	0.19%
KEY	B	0.18%
WRB	B	0.18%
PFG	C	0.18%
EG	D	0.16%
L	A	0.15%
AIZ	A	0.11%
GL	C	0.1%
MKTX	D	0.1%
ERIE	F	0.1%
IVZ	C	0.08%
BEN	C	0.07%

FAS Underweight 65 Positions Relative to DTEC

Symbol	Grade	Weight
SSYS	C	-1.28%
SOUN	C	-1.28%
TSLA	A	-1.27%
CRWD	B	-1.26%
CRM	B	-1.23%
SQ	A	-1.23%
PRLB	C	-1.22%
FTNT	B	-1.19%
HQY	A	-1.17%
ZS	B	-1.17%
ZM	B	-1.16%
NFLX	A	-1.14%
QLYS	C	-1.13%
DDOG	A	-1.12%
ADSK	B	-1.11%
ITRI	B	-1.11%
NOW	B	-1.1%
GMED	A	-1.09%
GWRE	A	-1.08%
GRMN	B	-1.08%
PANW	B	-1.07%
SNOW	C	-1.07%
GEN	B	-1.07%
XRX	F	-1.07%
PODD	B	-1.06%
PTC	B	-1.05%
SNPS	C	-1.05%
CDNS	B	-1.05%
CYBR	A	-1.04%
ALRM	C	-1.04%
IOT	A	-1.03%
AVAV	C	-1.03%
DXCM	C	-1.02%
INTU	B	-1.02%
ISRG	A	-1.02%
WDAY	C	-1.01%
ADTN	A	-1.01%
VRSK	B	-1.0%
DT	C	-1.0%
ANSS	B	-1.0%
PRCT	B	-1.0%
CGNX	D	-0.99%
BSX	A	-0.98%
SAP	B	-0.98%
OKTA	D	-0.98%
EQIX	A	-0.97%
TRU	D	-0.95%
SSNC	C	-0.94%
SLAB	F	-0.92%
ALGN	D	-0.91%
ST	F	-0.9%
RELX	D	-0.9%
HOLX	D	-0.9%
ALGM	F	-0.88%
RMD	C	-0.87%
CHKP	D	-0.87%
ADBE	D	-0.85%
OTEX	F	-0.84%
TREE	F	-0.83%
PAGS	F	-0.81%
FSLR	F	-0.78%
SWKS	F	-0.78%
SNN	D	-0.74%
SEDG	F	-0.66%
QRVO	F	-0.59%