FAZ vs. DTEC ETF Comparison

Comparison of Direxion Financial Bear 3X Shares (FAZ) to ALPS Disruptive Technologies ETF (DTEC)

FAZ

Direxion Financial Bear 3X Shares

FAZ Description

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the Russell 1000® Financial Services Index. The fund, under normal circumstances, creates short positions by investing at least 80% of its assets in financial instruments that, in combination, provide leveraged and unleveraged exposure to the index. The index is a subset of the Russell 1000® 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

$8.15

Average Daily Volume

6,256,845

Number of Holdings ^*

97

* 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

$43.73

Average Daily Volume

4,702

Number of Holdings ^*

74

* may have additional holdings in another (foreign) market

Performance

Period	FAZ	DTEC
30 Days	3.89%	1.54%
60 Days	-18.59%	9.35%
90 Days	-20.97%	4.53%
12 Months	-60.93%	27.03%

12 Overlapping Holdings

	Symbol	Grade	Weight in FAZ	Weight in DTEC	Overlap
	AXP	A	1.41%	1.01%	1.01%
	EQIX	B	0.8%	0.97%	0.8%
	FIS	C	1.44%	0.95%	0.95%
	GPN	F	0.95%	0.86%	0.86%
	JKHY	A	0.18%	0.95%	0.18%
	MA	A	4.6%	0.96%	0.96%
	MCO	D	0.68%	0.95%	0.68%
	PYPL	C	2.19%	1.09%	1.09%
	SPGI	C	1.17%	0.95%	0.95%
	SQ	D	0.38%	1.01%	0.38%
	TRU	A	0.28%	1.03%	0.28%
	V	C	5.62%	0.92%	0.92%

FAZ Overweight 85 Positions Relative to DTEC

	Symbol	Grade	Weight
	BRK.A	C	7.22%
	JPM	D	6.91%
	BAC	D	4.53%
	WFC	D	3.0%
	C	B	2.84%
	AMT	C	1.64%
	USB	C	1.27%
	GS	C	1.27%
	TFC	D	1.21%
	CME	A	1.18%
	CB	A	1.11%
	PNC	C	1.08%
	MS	B	1.07%
	BLK	A	1.01%
	CCI	C	0.96%
	PLD	D	0.95%
	MMC	D	0.93%
	SCHW	D	0.89%
	ICE	A	0.85%
	AON	A	0.79%
	COF	C	0.78%
	AIG	F	0.74%
	SPG	A	0.73%
	PGR	C	0.71%
	MET	A	0.66%
	PRU	C	0.63%
	AFL	A	0.62%
	BK	C	0.61%
	ALL	B	0.61%
	TRV	C	0.58%
	WELL	C	0.56%
	PSA	C	0.52%
	STT	C	0.48%
	AVB	C	0.48%
	TROW	D	0.48%
	EQR	C	0.48%
	SBAC	B	0.45%
	DFS	C	0.42%
	WTW	B	0.42%
	DLR	C	0.41%
	O	A	0.4%
	MSCI	B	0.37%
	WY	B	0.37%
	SYF	B	0.37%
	AMP	A	0.35%
	VTR	C	0.35%
	HIG	A	0.35%
	NTRS	C	0.34%
	MTB	C	0.34%
	BXP	C	0.34%
	ESS	C	0.33%
	CBRE	A	0.33%
	FITB	C	0.33%
	KEY	C	0.31%
	ARE	D	0.3%
	EFX	C	0.3%
	ACGL	A	0.28%
	CFG	D	0.28%
	AJG	D	0.28%
	INVH	D	0.26%
	CINF	A	0.26%
	MKL	C	0.26%
	PFG	C	0.25%
	RF	C	0.25%
	BR	B	0.24%
	HBAN	D	0.24%
	MAA	C	0.24%
	SUI	D	0.23%
	WPC	C	0.23%
	L	D	0.22%
	UDR	C	0.22%
	MKTX	C	0.22%
	NLY	C	0.22%
	EXR	C	0.22%
	ELS	D	0.2%
	FNF	A	0.2%
	NDAQ	C	0.2%
	HST	D	0.2%
	ALLY	F	0.19%
	FICO	A	0.19%
	WU	D	0.19%
	VNO	A	0.19%
	LNC	D	0.19%
	RJF	B	0.19%
	MPW	C	0.18%

FAZ Underweight 62 Positions Relative to DTEC

	Symbol	Grade	Weight
	SEDG	F	-1.15%
	SSYS	D	-1.09%
	ALGM	F	-1.09%
	SLAB	D	-1.06%
	TSLA	C	-1.06%
	CRM	B	-1.05%
	ALGN	D	-1.05%
	CRWD	D	-1.05%
	FSLR	C	-1.04%
	ST	F	-1.03%
	XRX	D	-1.02%
	PTC	D	-1.02%
	ADTN	B	-1.02%
	IOT	C	-1.01%
	AVAV	B	-1.01%
	CGNX	F	-1.01%
	ADSK	B	-1.01%
	SNPS	F	-1.01%
	CYBR	C	-1.01%
	ITRI	C	-1.0%
	NFLX	A	-1.0%
	ZM	C	-1.0%
	FTNT	A	-1.0%
	DT	C	-1.0%
	OTEX	D	-1.0%
	GWRE	A	-1.0%
	DDOG	D	-1.0%
	ZS	F	-0.99%
	TREE	C	-0.99%
	HQY	C	-0.99%
	SAP	C	-0.99%
	CDNS	D	-0.98%
	ANSS	D	-0.98%
	QLYS	F	-0.98%
	PODD	C	-0.98%
	CHKP	C	-0.98%
	ALRM	F	-0.97%
	GMED	D	-0.97%
	SOUN	D	-0.97%
	SSNC	C	-0.97%
	OKTA	F	-0.97%
	QRVO	F	-0.96%
	PRLB	F	-0.96%
	SNOW	F	-0.96%
	HOLX	D	-0.96%
	SWKS	F	-0.96%
	NOW	C	-0.96%
	CPAY	A	-0.96%
	RELX	C	-0.96%
	SNN	D	-0.95%
	VRSK	D	-0.95%
	ISRG	A	-0.95%
	PRCT	C	-0.95%
	INTU	F	-0.95%
	BSX	A	-0.95%
	PAGS	F	-0.94%
	WDAY	D	-0.94%
	DXCM	F	-0.94%
	PANW	D	-0.94%
	RMD	C	-0.93%
	GRMN	D	-0.92%
	ADBE	F	-0.84%

FAZ: Top Represented Industries & Keywords

Industries: Banks - Regional - US Capital Markets Credit Services REIT - Residential Insurance - Property & Casualty Asset Management Business Services Insurance - Life Banks - Global Insurance - Diversified Insurance Brokers REIT - Diversified REIT - Office Financial Data & Stock Exchanges REIT - Healthcare Facilities REIT - Industrial REIT - Retail Telecom Services Insurance - Specialty Lumber & Wood Production

Keywords: S&P 500 Insurance Bank Real Estate Investment Trust Banking Investment Bank Insurance Products Cash Management Financial Products Disability Investment Management Commercial Banking Payment Systems Real Estate Market Casualty Insurance Risk Management Investment Product Life Insurance Advisory Services Asset Management Services

DTEC: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Business Services Medical Devices Credit Services Scientific & Technical Instruments Semiconductors Medical Instruments & Supplies Capital Markets Solar Aerospace & Defense Auto Manufacturers Communication Equipment Computer Systems Diagnostics & Research Health Information Services Information Technology Services Media - Diversified Publishing REIT - Diversified

Keywords: S&P 500 Nasdaq 100 Computing Medicine Cybersecurity Payment Systems Electronics Cloud Computing Cloud Infrastructure Computer Security E-Commerce Information Technology Management Mobile Devices Semiconductor Systems Integrator Telecommunications Transaction Processing Work From Home Application Software Credit Card