FDND vs. WEBL ETF Comparison
Comparison of FT Vest Dow Jones Internet & Target Income ETF (FDND) to Direxion Daily Dow Jones Internet Bull 3X Shares (WEBL)
FDND
FT Vest Dow Jones Internet & Target Income ETF
FDND Description
FDND aims to provide income at an annual rate of 8%, before fees and expenses, over the annual dividend yield of the Nasdaq-100 Index. The income stems from dividends from individual equity positions and premiums from selling naked call options. However, there is no guarantee the fund will deliver the target income. The portfolio manager actively selects 40 of the largest and most liquid US internet companies, which includes firms in the internet commerce and internet services sub-industries. Each week, FDND attempts to bridge the difference between the dividend income of its equity portfolio and its target distribution by selling at-the-money, naked call options on the Nasdaq-100 Index or related ETFs. The income from dividends and option premiums are expected to be distributed monthly. Investors should note that naked call writing, or selling call options without owning the underlying asset, is a high-risk options strategy.
Grade (RS Rating)
Last Trade
$21.74
Average Daily Volume
1,463
41
WEBL
Direxion Daily Dow Jones Internet Bull 3X Shares
WEBL Description
The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the Dow Jones Internet Composite Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. The index includes companies that generate at least 50% of their annual sales/revenue from the internet as determined by the index provider. It is non-diversified.Grade (RS Rating)
Last Trade
$24.35
Average Daily Volume
291,048
41
Performance
| Period | FDND | WEBL |
|---|---|---|
| 30 Days | 6.42% | 18.69% |
| 60 Days | 11.22% | 34.56% |
| 90 Days | 14.97% | 45.71% |
| 12 Months | 116.95% |
41 Overlapping Holdings
| Symbol | Grade | Weight in FDND | Weight in WEBL | Overlap | |
|---|---|---|---|---|---|
| ABNB | D | 2.86% | 1.87% | 1.87% | |
| AKAM | F | 0.67% | 0.44% | 0.44% | |
| AMZN | B | 9.6% | 6.28% | 6.28% | |
| ANET | C | 4.25% | 2.78% | 2.78% | |
| BKNG | A | 4.98% | 3.21% | 3.21% | |
| BOX | B | 0.24% | 0.16% | 0.16% | |
| CFLT | B | 0.36% | 0.23% | 0.23% | |
| CIEN | B | 0.49% | 0.32% | 0.32% | |
| CPRT | B | 2.45% | 1.6% | 1.6% | |
| CRM | B | 7.54% | 4.93% | 4.93% | |
| CSCO | B | 4.45% | 2.91% | 2.91% | |
| CVNA | A | 1.33% | 0.88% | 0.88% | |
| DASH | A | 2.82% | 1.84% | 1.84% | |
| DBX | C | 0.31% | 0.21% | 0.21% | |
| DDOG | A | 2.02% | 1.32% | 1.32% | |
| DKNG | B | 0.97% | 0.64% | 0.64% | |
| DOCU | B | 0.79% | 0.52% | 0.52% | |
| EBAY | D | 1.49% | 0.97% | 0.97% | |
| GDDY | A | 1.26% | 0.83% | 0.83% | |
| GOOG | B | 4.41% | 2.89% | 2.89% | |
| GOOGL | B | 5.33% | 3.49% | 3.49% | |
| HUBS | B | 1.74% | 1.14% | 1.14% | |
| JNPR | D | 0.61% | 0.4% | 0.4% | |
| MARA | C | 0.3% | 0.2% | 0.2% | |
| META | C | 9.45% | 6.18% | 6.18% | |
| NET | B | 1.38% | 0.91% | 0.91% | |
| NFLX | A | 8.46% | 5.54% | 5.54% | |
| NTNX | B | 0.85% | 0.56% | 0.56% | |
| OKTA | D | 0.59% | 0.39% | 0.39% | |
| PAYC | B | 0.55% | 0.36% | 0.36% | |
| PINS | F | 0.86% | 0.56% | 0.56% | |
| PYPL | B | 4.25% | 2.78% | 2.78% | |
| RBLX | B | 1.37% | 0.9% | 0.9% | |
| SMAR | A | 0.36% | 0.24% | 0.24% | |
| SNOW | C | 2.19% | 1.43% | 1.43% | |
| TEAM | A | 1.93% | 1.27% | 1.27% | |
| VEEV | C | 1.63% | 1.07% | 1.07% | |
| VRSN | F | 0.75% | 0.49% | 0.49% | |
| WDAY | C | 2.75% | 1.8% | 1.8% | |
| ZI | D | 0.15% | 0.1% | 0.1% | |
| ZM | B | 1.03% | 0.67% | 0.67% |
FDND Overweight 0 Positions Relative to WEBL
| Symbol | Grade | Weight |
|---|
FDND Underweight 0 Positions Relative to WEBL
| Symbol | Grade | Weight |
|---|
FDND: Top Represented Industries & Keywords
WEBL: Top Represented Industries & Keywords
Compare ETFs
