FDLO vs. TECL ETF Comparison

Comparison of Fidelity Low Volatility Factor ETF (FDLO) to Direxion Technology Bull 3X Shares (TECL)

FDLO

Fidelity Low Volatility Factor ETF

FDLO Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Low Volatility Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Low Volatility Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with lower volatility than the broader market.

Grade (RS Rating)

Last Trade

$61.07

Average Daily Volume

89,785

Number of Holdings ^*

125

* may have additional holdings in another (foreign) market

TECL

Direxion Technology Bull 3X Shares

TECL Description

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the Technology Select Sector Index. The fund creates long positions by investing at least 80% of its assets in the securities that comprise the index and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index includes domestic companies from the following industries: computers & peripherals; software; diversified telecommunications services; communications equipment; semiconductors & seminconductor equipment; internet software & services; IT services; etc. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$84.53

Average Daily Volume

1,944,983

Number of Holdings ^*

66

* may have additional holdings in another (foreign) market

Performance

Period	FDLO	TECL
30 Days	2.72%	-4.58%
60 Days	5.11%	-5.09%
90 Days	6.79%	-15.18%
12 Months	23.48%	86.37%

12 Overlapping Holdings

	Symbol	Grade	Weight in FDLO	Weight in TECL	Overlap
	AAPL	C	7.33%	3.15%	3.15%
	ACN	C	1.61%	1.49%	1.49%
	AKAM	D	1.16%	0.1%	0.1%
	CSCO	C	1.54%	1.36%	1.36%
	IBM	B	1.6%	1.32%	1.32%
	MSFT	C	7.19%	14.09%	7.19%
	MSI	B	1.36%	0.5%	0.5%
	ORCL	C	1.76%	1.74%	1.74%
	ROP	C	1.24%	0.4%	0.4%
	TXN	C	1.52%	1.21%	1.21%
	TYL	C	1.19%	0.17%	0.17%
	VRSN	D	1.11%	0.11%	0.11%

FDLO Overweight 113 Positions Relative to TECL

	Symbol	Grade	Weight
	GOOGL	D	3.68%
	AMZN	C	3.64%
	BRK.A	C	2.09%
	LLY	C	1.98%
	JPM	D	1.63%
	UNH	C	1.57%
	V	C	1.38%
	MA	B	1.28%
	JNJ	C	1.28%
	ABBV	C	1.18%
	DOX	C	1.12%
	HD	B	1.1%
	XOM	C	1.1%
	MRK	D	1.07%
	PG	C	1.03%
	VZ	B	1.0%
	T	C	0.96%
	TMO	B	0.96%
	ABT	C	0.93%
	WMT	C	0.91%
	CMCSA	D	0.87%
	TMUS	C	0.84%
	PGR	B	0.84%
	AMGN	B	0.84%
	MCD	B	0.81%
	KO	C	0.77%
	REGN	C	0.76%
	CB	B	0.73%
	MMC	C	0.71%
	SBUX	C	0.71%
	VRTX	D	0.71%
	PEP	C	0.7%
	CME	C	0.69%
	UNP	C	0.68%
	LOW	B	0.66%
	EA	D	0.65%
	TJX	B	0.65%
	HON	D	0.64%
	TRV	C	0.63%
	LMT	C	0.63%
	BDX	D	0.63%
	AJG	D	0.62%
	PM	C	0.62%
	ADP	B	0.62%
	ETN	C	0.61%
	CVX	D	0.6%
	CBOE	C	0.59%
	NKE	D	0.58%
	ERIE	B	0.57%
	LIN	B	0.56%
	FDS	C	0.55%
	NOC	B	0.54%
	AIZ	B	0.54%
	WM	D	0.53%
	WRB	C	0.53%
	ITW	C	0.52%
	JKHY	B	0.52%
	GD	B	0.52%
	ORLY	C	0.5%
	RSG	D	0.48%
	AZO	D	0.48%
	PAYX	C	0.48%
	TSCO	C	0.47%
	FAST	C	0.47%
	GRMN	D	0.46%
	LHX	C	0.46%
	OTIS	C	0.45%
	MDLZ	B	0.44%
	BAH	C	0.44%
	J	C	0.41%
	CL	D	0.41%
	SO	B	0.39%
	HII	D	0.39%
	FCN	D	0.39%
	COP	D	0.38%
	DUK	C	0.37%
	AMT	C	0.36%
	GIS	B	0.33%
	KMB	D	0.33%
	SHW	B	0.3%
	EQIX	C	0.3%
	AEP	C	0.3%
	XEL	B	0.28%
	HSY	C	0.28%
	EOG	D	0.28%
	WEC	C	0.27%
	PSA	B	0.27%
	WMB	B	0.27%
	ED	C	0.27%
	O	C	0.25%
	ECL	B	0.25%
	LNG	C	0.24%
	KMI	B	0.24%
	DLR	B	0.24%
	APD	B	0.24%
	CCI	C	0.24%
	CMS	C	0.24%
	AEE	C	0.24%
	CTVA	B	0.21%
	EQR	B	0.2%
	CSGP	D	0.2%
	MAA	B	0.19%
	CTRA	F	0.18%
	PKG	B	0.17%
	VMC	D	0.17%
	ELS	C	0.17%
	AMH	C	0.17%
	MLM	D	0.17%
	DTM	B	0.17%
	ADC	C	0.16%
	AMCR	B	0.16%
	AVY	C	0.16%
	ATR	B	0.15%

FDLO Underweight 54 Positions Relative to TECL

	Symbol	Grade	Weight
	NVDA	D	-13.02%
	AVGO	C	-2.85%
	ADBE	F	-1.78%
	CRM	D	-1.67%
	AMD	D	-1.65%
	QCOM	D	-1.25%
	INTU	C	-1.23%
	NOW	B	-1.23%
	AMAT	D	-1.03%
	PANW	D	-0.76%
	ADI	C	-0.74%
	KLAC	D	-0.67%
	LRCX	F	-0.66%
	MU	F	-0.65%
	ANET	B	-0.61%
	INTC	F	-0.56%
	APH	D	-0.52%
	SNPS	F	-0.51%
	CDNS	D	-0.5%
	CRWD	D	-0.4%
	NXPI	F	-0.39%
	ADSK	C	-0.38%
	FTNT	C	-0.32%
	FICO	B	-0.31%
	MPWR	C	-0.3%
	TEL	D	-0.3%
	MCHP	F	-0.28%
	IT	B	-0.27%
	CTSH	C	-0.26%
	GLW	C	-0.22%
	CDW	D	-0.2%
	ON	D	-0.2%
	ANSS	D	-0.19%
	HPQ	D	-0.19%
	KEYS	C	-0.18%
	FSLR	C	-0.17%
	NTAP	D	-0.16%
	GDDY	C	-0.15%
	HPE	D	-0.15%
	SMCI	F	-0.15%
	TER	D	-0.14%
	TDY	B	-0.14%
	PTC	D	-0.14%
	WDC	D	-0.14%
	STX	C	-0.13%
	ZBRA	B	-0.12%
	SWKS	D	-0.11%
	ENPH	D	-0.1%
	TRMB	C	-0.09%
	EPAM	F	-0.08%
	FFIV	B	-0.08%
	JBL	D	-0.08%
	JNPR	B	-0.08%
	QRVO	F	-0.07%

FDLO: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Business Services Drug Manufacturers - Major Aerospace & Defense Insurance - Property & Casualty Oil & Gas Midstream REIT - Residential Specialty Retail Telecom Services Communication Equipment Diversified Industrials Household & Personal Products Insurance Brokers Oil & Gas E&P Packaging & Containers Software - Infrastructure Specialty Chemicals Beverages - Soft Drinks Biotechnology Building Materials

Keywords: S&P 500 Nasdaq 100 Dow Jones Component Natural Gas Electricity Real Estate Investment Trust Chemical Computing Insurance Crude Oil Medicine Pharmaceutical Products Plastic Telecommunications Work From Home Aerospace Electric Utility Electronics Gas Transmission Infection

TECL: Top Represented Industries & Keywords

Industries: Semiconductors Software - Application Information Technology Services Semiconductor Equipment & Materials Software - Infrastructure Communication Equipment Data Storage Electronic Components Scientific & Technical Instruments Computer Systems Diversified Industrials Internet Content & Information Computer Hardware Consumer Electronics Contract Manufacturers Semiconductor Memory Solar

Keywords: S&P 500 Nasdaq 100 Computing Semiconductor Electronics Integrated Circuits Work From Home Cloud Computing Aerospace Operating System Mobile Devices Smartphones Dow Jones Component Electronic Design Ethernet Fabless Semiconductor Companies Firewall IBD 50 Information Management Power Management