FAZ vs. EQUL ETF Comparison

Comparison of Direxion Financial Bear 3X Shares (FAZ) to IQ Engender Equality ETF (EQUL)

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 1000Â® 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 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

$7.94

Average Daily Volume

5,912,524

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$26.90

Average Daily Volume

383

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FAZ	EQUL
30 Days	-10.08%	3.27%
60 Days	-14.44%	5.71%
90 Days	-24.68%	8.41%
12 Months	-55.81%	27.01%

15 Overlapping Holdings

Symbol	Grade	Weight in FAZ	Weight in EQUL	Overlap
AXP	B	1.41%	1.43%	1.41%
BAC	D	4.53%	1.23%	1.23%
BK	A	0.61%	1.49%	0.61%
BLK	B	1.01%	1.47%	1.01%
C	D	2.84%	1.23%	1.23%
ESS	C	0.33%	1.37%	0.33%
MA	B	4.6%	1.36%	1.36%
MCO	A	0.68%	1.45%	0.68%
MET	A	0.66%	1.41%	0.66%
PRU	C	0.63%	1.29%	0.63%
PYPL	B	2.19%	1.47%	1.47%
SPGI	A	1.17%	1.46%	1.17%
WELL	C	0.56%	1.5%	0.56%
WFC	D	3.0%	1.15%	1.15%
WTW	C	0.42%	1.4%	0.42%

FAZ Overweight 82 Positions Relative to EQUL

Symbol	Grade	Weight
BRK.A	C	7.22%
JPM	D	6.91%
V	C	5.62%
AMT	C	1.64%
FIS	B	1.44%
USB	B	1.27%
GS	C	1.27%
TFC	D	1.21%
CME	C	1.18%
CB	B	1.11%
PNC	A	1.08%
MS	C	1.07%
CCI	C	0.96%
PLD	C	0.95%
GPN	D	0.95%
MMC	C	0.93%
SCHW	D	0.89%
ICE	C	0.85%
EQIX	B	0.8%
AON	B	0.79%
COF	A	0.78%
AIG	D	0.74%
SPG	A	0.73%
PGR	A	0.71%
AFL	C	0.62%
ALL	B	0.61%
TRV	B	0.58%
PSA	B	0.52%
STT	B	0.48%
AVB	C	0.48%
TROW	D	0.48%
EQR	C	0.48%
SBAC	C	0.45%
DFS	B	0.42%
DLR	B	0.41%
O	C	0.4%
SQ	D	0.38%
MSCI	C	0.37%
WY	C	0.37%
SYF	C	0.37%
AMP	B	0.35%
VTR	C	0.35%
HIG	B	0.35%
NTRS	B	0.34%
MTB	A	0.34%
BXP	B	0.34%
CBRE	A	0.33%
FITB	B	0.33%
KEY	B	0.31%
ARE	C	0.3%
EFX	C	0.3%
ACGL	B	0.28%
TRU	B	0.28%
CFG	C	0.28%
AJG	D	0.28%
INVH	C	0.26%
CINF	C	0.26%
MKL	C	0.26%
PFG	B	0.25%
RF	B	0.25%
BR	D	0.24%
HBAN	B	0.24%
MAA	C	0.24%
SUI	C	0.23%
WPC	C	0.23%
L	D	0.22%
UDR	C	0.22%
MKTX	C	0.22%
NLY	B	0.22%
EXR	B	0.22%
ELS	C	0.2%
FNF	B	0.2%
NDAQ	A	0.2%
HST	C	0.2%
ALLY	D	0.19%
FICO	B	0.19%
WU	D	0.19%
VNO	B	0.19%
LNC	D	0.19%
RJF	C	0.19%
MPW	C	0.18%
JKHY	C	0.18%

FAZ Underweight 60 Positions Relative to EQUL

Symbol	Grade	Weight
AFRM	C	-1.75%
VFC	C	-1.71%
K	A	-1.71%
Z	B	-1.66%
HALO	C	-1.54%
CLX	C	-1.49%
EBAY	B	-1.48%
ILMN	C	-1.47%
BMY	C	-1.47%
WEX	C	-1.46%
GLOB	D	-1.46%
DASH	B	-1.45%
ADSK	C	-1.43%
ACN	C	-1.43%
AWK	C	-1.41%
MCD	B	-1.41%
HAS	B	-1.41%
JNJ	C	-1.4%
GIS	B	-1.4%
KO	B	-1.4%
GTLB	D	-1.4%
ZTS	C	-1.4%
HOLX	C	-1.39%
MDLZ	C	-1.39%
CMI	C	-1.38%
EXPE	C	-1.37%
NYT	C	-1.35%
VZ	B	-1.35%
CNC	C	-1.35%
IFF	C	-1.34%
SCI	C	-1.34%
CRM	D	-1.33%
SJM	C	-1.32%
BSX	B	-1.31%
INTU	C	-1.3%
META	A	-1.3%
PEP	D	-1.3%
IPG	C	-1.29%
UBER	C	-1.28%
HLT	B	-1.28%
PARA	F	-1.27%
ECL	A	-1.27%
GM	B	-1.27%
PG	C	-1.27%
MAR	C	-1.22%
VRSK	D	-1.22%
CRL	F	-1.2%
XYL	D	-1.18%
YUM	F	-1.17%
DOW	D	-1.15%
COTY	F	-1.15%
F	F	-1.14%
MRK	D	-1.12%
ETSY	F	-1.12%
LYFT	D	-1.05%
HUBS	D	-1.05%
BMRN	F	-1.04%
BIIB	F	-1.04%
PINS	F	-0.84%
WBA	F	-0.71%