FXL vs. WEBL ETF Comparison

Comparison of First Trust Technology AlphaDEX (FXL) to Direxion Daily Dow Jones Internet Bull 3X Shares (WEBL)

FXL

First Trust Technology AlphaDEX

FXL Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant(R) Technology Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the technology sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$151.43

Average Daily Volume

17,215

Number of Holdings ^*

102

* may have additional holdings in another (foreign) market

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

$25.77

Average Daily Volume

294,019

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FXL	WEBL
30 Days	7.01%	26.08%
60 Days	10.63%	41.83%
90 Days	10.92%	54.22%
12 Months	29.05%	127.45%

16 Overlapping Holdings

Symbol	Grade	Weight in FXL	Weight in WEBL	Overlap
AKAM	D	1.04%	0.44%	0.44%
CRM	B	0.72%	4.93%	0.72%
DASH	B	1.89%	1.84%	1.84%
DBX	B	1.01%	0.21%	0.21%
DDOG	A	0.34%	1.32%	0.34%
DOCU	B	1.53%	0.52%	0.52%
GDDY	A	1.4%	0.83%	0.83%
GOOGL	C	0.63%	3.49%	0.63%
META	D	1.57%	6.18%	1.57%
NET	B	0.34%	0.91%	0.34%
NTNX	B	1.12%	0.56%	0.56%
PAYC	B	1.6%	0.36%	0.36%
SMAR	B	1.57%	0.24%	0.24%
VRSN	C	0.57%	0.49%	0.49%
WDAY	B	0.33%	1.8%	0.33%
ZM	C	1.4%	0.67%	0.67%

FXL Overweight 86 Positions Relative to WEBL

Symbol	Grade	Weight
APP	B	3.39%
PLTR	B	2.47%
TOST	B	2.22%
VRT	B	1.89%
PEGA	B	1.88%
GWRE	A	1.66%
GFS	C	1.65%
CTSH	B	1.63%
HPE	B	1.62%
DXC	B	1.62%
IPGP	D	1.57%
AVT	C	1.52%
ON	D	1.44%
FTNT	C	1.44%
NVDA	B	1.43%
TWLO	A	1.39%
NOW	A	1.38%
ARW	D	1.35%
AMKR	D	1.32%
SWKS	F	1.32%
ORCL	A	1.3%
JBL	C	1.28%
DNB	B	1.27%
INTC	C	1.26%
TYL	B	1.25%
HPQ	B	1.21%
CNXC	F	1.21%
DT	D	1.19%
MANH	D	1.18%
AVGO	D	1.17%
DOX	D	1.16%
EPAM	B	1.15%
MSTR	B	1.15%
SNX	D	1.14%
PANW	B	1.08%
RNG	C	1.08%
S	B	1.07%
DELL	B	1.06%
FFIV	B	1.03%
IT	C	0.99%
CRUS	D	0.97%
SSNC	B	0.93%
HCP	B	0.93%
CACI	D	0.91%
AAPL	C	0.91%
QCOM	F	0.9%
NTAP	C	0.89%
DLB	B	0.89%
AMAT	F	0.86%
SAIC	F	0.84%
MTCH	D	0.77%
MPWR	F	0.74%
DAY	B	0.74%
DV	C	0.71%
GLOB	B	0.68%
ADSK	A	0.66%
APH	A	0.66%
ROP	B	0.6%
TXN	C	0.59%
LSCC	D	0.57%
IBM	C	0.56%
KBR	F	0.55%
IAC	F	0.52%
U	C	0.49%
MCHP	F	0.48%
OLED	F	0.47%
ONTO	F	0.47%
TER	F	0.47%
PYCR	B	0.36%
CRWD	B	0.36%
KD	B	0.36%
GTLB	B	0.35%
ANSS	B	0.32%
GEN	B	0.32%
GLW	B	0.31%
INFA	D	0.3%
APPF	B	0.29%
PSTG	D	0.29%
MSFT	D	0.29%
MU	D	0.28%
ADI	D	0.27%
SMCI	F	0.26%
KLAC	F	0.25%
AMD	F	0.25%
ALGM	D	0.25%
CDW	F	0.24%

FXL Underweight 25 Positions Relative to WEBL

Symbol	Grade	Weight
AMZN	C	-6.28%
NFLX	A	-5.54%
BKNG	A	-3.21%
CSCO	B	-2.91%
GOOG	C	-2.89%
ANET	C	-2.78%
PYPL	B	-2.78%
ABNB	C	-1.87%
CPRT	B	-1.6%
SNOW	B	-1.43%
TEAM	A	-1.27%
HUBS	A	-1.14%
VEEV	C	-1.07%
EBAY	D	-0.97%
RBLX	C	-0.9%
CVNA	B	-0.88%
DKNG	B	-0.64%
PINS	F	-0.56%
JNPR	D	-0.4%
OKTA	C	-0.39%
CIEN	C	-0.32%
CFLT	B	-0.23%
MARA	B	-0.2%
BOX	B	-0.16%
ZI	D	-0.1%

FXL: Top Represented Industries & Keywords

Industries: Software - Application Semiconductors Software - Infrastructure Information Technology Services Internet Content & Information Semiconductor Equipment & Materials Computer Systems Data Storage Electronic Components Telecom Services Business Services Communication Equipment Computer Hardware Conglomerates Consumer Electronics Contract Manufacturers Diversified Industrials Electronics & Computer Distribution Electronics Distribution Engineering & Construction