FAZ vs. ULVM ETF Comparison

Comparison of Direxion Financial Bear 3X Shares (FAZ) to VictoryShares USAA MSCI USA Value Momentum ETF (ULVM)

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

$7.98

Average Daily Volume

5,838,384

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ULVM

VictoryShares USAA MSCI USA Value Momentum ETF

ULVM Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the MSCI USA Select Value Momentum Blend Index. Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its assets in securities in the index. The index is designed to deliver exposure to equity securities of large- and mid-capitalization U.S. issuers within the MSCI USA Index (the parent index) that have higher exposure to value and momentum factors, while also maintaining moderate index turnover and lower realized volatility than traditional capitalization-weighted indexes.

Grade (RS Rating)

Last Trade

$80.07

Average Daily Volume

662

Number of Holdings ^*

122

* may have additional holdings in another (foreign) market

Performance

Period	FAZ	ULVM
30 Days	-10.78%	3.88%
60 Days	-16.74%	4.91%
90 Days	-25.44%	7.41%
12 Months	-54.01%	29.63%

26 Overlapping Holdings

Symbol	Grade	Weight in FAZ	Weight in ULVM	Overlap
AIG	D	0.74%	1.01%	0.74%
ARE	C	0.3%	0.53%	0.3%
AVB	B	0.48%	1.08%	0.48%
AXP	B	1.41%	0.91%	0.91%
BAC	D	4.53%	0.8%	0.8%
BK	B	0.61%	1.27%	0.61%
BRK.A	C	7.22%	1.75%	1.75%
C	C	2.84%	0.84%	0.84%
CBRE	A	0.33%	0.92%	0.33%
CFG	C	0.28%	0.66%	0.28%
COF	B	0.78%	0.78%	0.78%
DLR	B	0.41%	0.72%	0.41%
ESS	B	0.33%	0.96%	0.33%
FITB	B	0.33%	0.68%	0.33%
FNF	B	0.2%	0.89%	0.2%
GPN	D	0.95%	0.78%	0.78%
GS	C	1.27%	0.95%	0.95%
HIG	B	0.35%	1.32%	0.35%
HST	C	0.2%	0.78%	0.2%
JPM	D	6.91%	1.19%	1.19%
KEY	B	0.31%	0.6%	0.31%
L	C	0.22%	1.42%	0.22%
SPG	B	0.73%	0.9%	0.73%
SYF	C	0.37%	0.75%	0.37%
WFC	D	3.0%	0.79%	0.79%
WY	C	0.37%	0.86%	0.37%

FAZ Overweight 71 Positions Relative to ULVM

Symbol	Grade	Weight
V	C	5.62%
MA	B	4.6%
PYPL	B	2.19%
AMT	C	1.64%
FIS	B	1.44%
USB	B	1.27%
TFC	C	1.21%
CME	C	1.18%
SPGI	B	1.17%
CB	B	1.11%
PNC	B	1.08%
MS	D	1.07%
BLK	B	1.01%
CCI	C	0.96%
PLD	C	0.95%
MMC	C	0.93%
SCHW	D	0.89%
ICE	C	0.85%
EQIX	C	0.8%
AON	B	0.79%
PGR	B	0.71%
MCO	B	0.68%
MET	B	0.66%
PRU	C	0.63%
AFL	C	0.62%
ALL	B	0.61%
TRV	C	0.58%
WELL	C	0.56%
PSA	B	0.52%
STT	A	0.48%
TROW	D	0.48%
EQR	B	0.48%
SBAC	C	0.45%
DFS	B	0.42%
WTW	C	0.42%
O	C	0.4%
SQ	D	0.38%
MSCI	C	0.37%
AMP	A	0.35%
VTR	C	0.35%
NTRS	A	0.34%
MTB	B	0.34%
BXP	B	0.34%
EFX	B	0.3%
ACGL	C	0.28%
TRU	B	0.28%
AJG	D	0.28%
INVH	C	0.26%
CINF	B	0.26%
MKL	C	0.26%
PFG	B	0.25%
RF	B	0.25%
BR	D	0.24%
HBAN	B	0.24%
MAA	B	0.24%
SUI	B	0.23%
WPC	C	0.23%
UDR	C	0.22%
MKTX	C	0.22%
NLY	B	0.22%
EXR	B	0.22%
ELS	C	0.2%
NDAQ	A	0.2%
ALLY	F	0.19%
FICO	B	0.19%
WU	F	0.19%
VNO	B	0.19%
LNC	D	0.19%
RJF	C	0.19%
MPW	C	0.18%
JKHY	B	0.18%

FAZ Underweight 96 Positions Relative to ULVM

Symbol	Grade	Weight
REGN	C	-1.33%
DUK	C	-1.31%
SSNC	B	-1.25%
ED	C	-1.2%
CTSH	C	-1.17%
PKG	B	-1.11%
COST	B	-1.1%
IRM	C	-1.09%
VICI	C	-1.09%
ETR	B	-1.09%
ELV	C	-1.08%
BSX	B	-1.08%
GD	B	-1.07%
DGX	B	-1.06%
LDOS	B	-1.04%
T	C	-1.03%
IBM	B	-1.03%
LYB	D	-1.02%
FOXA	B	-1.02%
CAH	C	-1.0%
APH	D	-1.0%
MCK	F	-0.98%
KHC	C	-0.97%
TSN	C	-0.96%
NVR	B	-0.94%
HCA	B	-0.92%
KR	C	-0.91%
WAB	B	-0.91%
PH	B	-0.89%
EXC	C	-0.88%
CPRT	D	-0.88%
TDG	B	-0.87%
NWSA	D	-0.86%
KIM	C	-0.85%
VZ	B	-0.85%
AKAM	D	-0.85%
TXT	D	-0.84%
GDDY	C	-0.84%
FDX	C	-0.83%
IR	C	-0.82%
CNC	D	-0.82%
PCAR	D	-0.81%
CMG	C	-0.79%
DHI	B	-0.77%
MLM	D	-0.76%
VTRS	D	-0.75%
KKR	B	-0.75%
LLY	C	-0.75%
PFE	C	-0.74%
GE	B	-0.72%
UHAL	A	-0.72%
FANG	D	-0.72%
PHM	B	-0.72%
FCNCA	D	-0.72%
ETN	C	-0.71%
PSX	F	-0.71%
LEN	B	-0.71%
CSL	B	-0.71%
CI	C	-0.69%
GM	C	-0.68%
DPZ	F	-0.65%
RCL	B	-0.65%
SWKS	D	-0.65%
MPC	F	-0.63%
CRBG	D	-0.62%
WLK	D	-0.62%
HPQ	D	-0.61%
NUE	F	-0.6%
HPE	D	-0.6%
VLO	F	-0.59%
STLD	F	-0.59%
UBER	C	-0.59%
CE	F	-0.58%
CVS	D	-0.58%
GOOGL	D	-0.57%
AVGO	C	-0.57%
OC	D	-0.56%
URI	B	-0.55%
META	B	-0.55%
DAL	C	-0.55%
EXPE	C	-0.51%
ADM	D	-0.5%
F	F	-0.49%
WDC	D	-0.46%
BLDR	C	-0.44%
UAL	C	-0.42%
NVDA	D	-0.41%
VST	C	-0.39%
CRWD	D	-0.38%
JBL	D	-0.37%
MU	F	-0.35%
VRT	C	-0.31%
INTC	F	-0.3%
DELL	D	-0.25%
MRNA	F	-0.18%
SMCI	F	-0.13%