FAS vs. DVLU ETF Comparison

Comparison of Direxion Financial Bull 3X Shares (FAS) to First Trust Dorsey Wright Momentum & Value ETF (DVLU)

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

$121.49

Average Daily Volume

742,209

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DVLU

First Trust Dorsey Wright Momentum & Value ETF

DVLU Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Dorsey Wright Momentum Plus Value Index (the "index"). Under normal conditions, the fund will invest at least 90% of its net assets (including investment borrowings) in the equity securities that comprise the index. The index is a rules-based equity index designed to track the overall performance of the 50 most undervalued stocks comprising the NASDAQ US Large Mid Index that exhibit high levels of "relative strength." The fund is non-diversified.

Grade (RS Rating)

Last Trade

$29.11

Average Daily Volume

4,854

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FAS	DVLU
30 Days	19.53%	4.27%
60 Days	17.71%	5.55%
90 Days	17.50%	2.96%
12 Months	90.57%	25.28%

11 Overlapping Holdings

Symbol	Grade	Weight in FAS	Weight in DVLU	Overlap
ACGL	B	0.43%	2.31%	0.43%
AFL	B	0.58%	1.72%	0.58%
AIG	D	0.51%	2.85%	0.51%
ALL	B	0.51%	1.97%	0.51%
AMP	B	0.45%	0.92%	0.45%
COF	C	0.56%	3.01%	0.56%
GS	C	1.6%	1.72%	1.6%
JPM	B	6.37%	1.55%	1.55%
SYF	C	0.2%	2.9%	0.2%
TRV	A	0.54%	2.92%	0.54%
WFC	D	2.05%	2.4%	2.05%

FAS Overweight 59 Positions Relative to DVLU

Symbol	Grade	Weight
BRK.A	B	8.77%
V	A	4.47%
MA	B	4.01%
BAC	D	2.79%
SPGI	A	1.66%
PGR	A	1.5%
AXP	B	1.45%
MS	C	1.27%
BLK	B	1.25%
CB	A	1.2%
C	D	1.18%
MMC	A	1.15%
BX	B	1.0%
SCHW	D	0.97%
ICE	A	0.94%
CME	A	0.79%
KKR	B	0.79%
AON	A	0.77%
PYPL	B	0.77%
MCO	B	0.77%
USB	B	0.73%
PNC	B	0.73%
AJG	A	0.66%
TFC	B	0.59%
BK	B	0.51%
MET	B	0.47%
MSCI	B	0.46%
FIS	A	0.46%
PRU	C	0.43%
HIG	B	0.35%
DFS	C	0.34%
NDAQ	A	0.31%
WTW	A	0.3%
MTB	B	0.29%
FITB	B	0.29%
GPN	C	0.28%
STT	B	0.26%
BRO	A	0.25%
TROW	D	0.24%
HBAN	B	0.22%
CINF	B	0.22%
CPAY	B	0.22%
CBOE	A	0.22%
RJF	D	0.22%
RF	B	0.21%
NTRS	B	0.19%
WRB	B	0.19%
CFG	B	0.19%
PFG	D	0.18%
FDS	C	0.17%
EG	B	0.17%
KEY	B	0.16%
L	B	0.15%
JKHY	B	0.13%
AIZ	B	0.1%
GL	B	0.09%
MKTX	A	0.09%
IVZ	C	0.07%
BEN	F	0.06%

FAS Underweight 37 Positions Relative to DVLU

Symbol	Grade	Weight
PHM	B	-3.39%
THC	B	-3.12%
JLL	B	-3.08%
BPOP	B	-3.05%
CRBG	C	-3.04%
RGA	B	-3.03%
FCNCA	C	-3.01%
USFD	B	-2.86%
OMF	D	-2.85%
NRG	C	-2.7%
OC	D	-2.57%
WLK	D	-2.45%
SF	C	-2.44%
HCA	B	-2.41%
TXT	D	-2.33%
PR	D	-2.3%
JEF	B	-2.08%
NSIT	C	-2.07%
MCK	D	-2.0%
CROX	C	-1.75%
OKE	A	-1.72%
DKS	C	-1.53%
NVR	B	-1.45%
FANG	D	-1.43%
CACI	B	-1.39%
RL	A	-1.28%
FLR	C	-1.27%
PKG	B	-1.2%
MUSA	B	-1.19%
PSN	B	-1.17%
DVA	B	-1.17%
APG	D	-1.11%
URI	C	-1.07%
GNRC	C	-0.95%
CASY	C	-0.94%
WSM	D	-0.93%
WAB	B	-0.89%