FENY vs. ERX ETF Comparison

Comparison of Fidelity MSCI Energy Index ETF (FENY) to Direxion Energy Bull 3X Shares (ERX)

FENY

Fidelity MSCI Energy Index ETF

FENY Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Energy Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Energy Index, which represents the performance of the energy sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Energy Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.91

Average Daily Volume

726,110

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ERX

Direxion Energy Bull 3X Shares

ERX Description

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the Energy Select Sector Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the Energy Select Sector Index ("index") and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is provided by Standard & Poor's and includes domestic companies from the following industries: oil, gas & consumable fuels; and energy equipment & services. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$71.63

Average Daily Volume

445,788

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FENY	ERX
30 Days	9.48%	16.26%
60 Days	9.84%	16.98%
90 Days	9.26%	14.56%
12 Months	19.25%	28.04%

22 Overlapping Holdings

Symbol	Grade	Weight in FENY	Weight in ERX	Overlap
APA	D	0.42%	0.37%	0.37%
BKR	B	2.1%	1.92%	1.92%
COP	C	6.39%	4.85%	4.85%
CTRA	B	0.94%	0.84%	0.84%
CVX	A	13.78%	10.17%	10.17%
DVN	F	1.22%	1.11%	1.11%
EOG	A	3.78%	2.93%	2.93%
EQT	B	1.21%	1.14%	1.14%
FANG	D	1.69%	1.53%	1.53%
HAL	C	1.3%	1.19%	1.19%
HES	B	1.95%	1.8%	1.8%
KMI	A	2.59%	2.32%	2.32%
MPC	D	2.86%	2.37%	2.37%
MRO	B	0.83%	0.72%	0.72%
OKE	A	3.05%	2.83%	2.83%
OXY	D	1.64%	1.53%	1.53%
PSX	C	2.72%	2.44%	2.44%
SLB	C	3.0%	2.77%	2.77%
TRGP	B	1.98%	1.88%	1.88%
VLO	C	2.27%	2.01%	2.01%
WMB	A	3.28%	3.04%	3.04%
XOM	B	21.92%	14.33%	14.33%

FENY Overweight 76 Positions Relative to ERX

Symbol	Grade	Weight
LNG	B	2.39%
TPL	A	1.33%
FTI	A	0.62%
OVV	B	0.6%
DTM	B	0.5%
AR	B	0.46%
CHRD	D	0.42%
RRC	B	0.42%
PR	B	0.41%
MTDR	B	0.36%
DINO	D	0.35%
NOV	C	0.33%
CNX	A	0.32%
CHX	C	0.31%
WFRD	D	0.31%
AM	A	0.29%
SM	B	0.27%
MUR	D	0.26%
MGY	A	0.25%
WHD	B	0.24%
CRC	B	0.21%
NOG	A	0.21%
CIVI	D	0.21%
CEIX	A	0.21%
BTU	B	0.2%
ENLC	A	0.2%
AROC	B	0.2%
PAGP	A	0.2%
HESM	B	0.2%
HP	B	0.19%
PTEN	C	0.18%
PBF	D	0.18%
VAL	D	0.18%
RIG	D	0.18%
UEC	B	0.18%
LBRT	D	0.16%
OII	B	0.16%
CRGY	B	0.15%
GPOR	B	0.14%
KNTK	B	0.14%
KOS	F	0.12%
LEU	C	0.11%
WKC	D	0.11%
TALO	C	0.11%
WTTR	B	0.1%
HLX	B	0.1%
CRK	B	0.1%
INSW	F	0.1%
KRP	B	0.08%
NFE	D	0.08%
CLB	B	0.08%
DK	C	0.08%
AESI	B	0.07%
PARR	D	0.07%
LPG	F	0.07%
XPRO	F	0.07%
NEXT	B	0.07%
NBR	C	0.06%
TTI	C	0.06%
VTLE	C	0.06%
PUMP	B	0.06%
GPRE	F	0.06%
REX	D	0.06%
EE	A	0.06%
GRNT	B	0.05%
TDW	F	0.05%
EGY	D	0.05%
REPX	A	0.05%
RES	D	0.05%
CVI	F	0.05%
CLNE	D	0.05%
NR	B	0.05%
BRY	F	0.04%
VTOL	B	0.04%
SD	D	0.04%
HPK	B	0.04%

FENY Underweight 0 Positions Relative to ERX

	Symbol	Grade	Weight