GVIP vs. TECL ETF Comparison

Comparison of Goldman Sachs Hedge Industry VIP ETF (GVIP) to Direxion Technology Bull 3X Shares (TECL)

GVIP

Goldman Sachs Hedge Industry VIP ETF

GVIP Description

The Goldman Sachs Hedge Industry VIP ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs Hedge Fund VIP Index.

Grade (RS Rating)

Last Trade

$127.66

Average Daily Volume

4,583

Number of Holdings ^*

* 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

$93.62

Average Daily Volume

1,020,329

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GVIP	TECL
30 Days	4.90%	4.53%
60 Days	7.68%	11.91%
90 Days	10.62%	6.58%
12 Months	39.62%	57.43%

8 Overlapping Holdings

Symbol	Grade	Weight in GVIP	Weight in TECL	Overlap
AAPL	C	1.82%	9.18%	1.82%
ADBE	C	1.64%	1.62%	1.62%
AMD	F	1.75%	1.55%	1.55%
AVGO	D	1.86%	2.77%	1.86%
CRM	B	2.24%	2.22%	2.22%
MSFT	F	1.78%	8.4%	1.78%
NVDA	C	2.21%	9.56%	2.21%
WDC	D	1.88%	0.14%	0.14%

GVIP Overweight 41 Positions Relative to TECL

Symbol	Grade	Weight
GEV	B	3.27%
APO	B	2.81%
HUBS	A	2.5%
SPOT	B	2.46%
LBRDK	C	2.46%
NTRA	B	2.42%
NFLX	A	2.33%
FI	A	2.32%
KKR	A	2.29%
AMZN	C	2.13%
V	A	2.12%
WDAY	B	2.07%
JPM	A	2.05%
ALIT	C	2.03%
MA	C	2.0%
ET	A	1.99%
TSM	B	1.98%
SN	D	1.97%
FCNCA	A	1.97%
GOOGL	C	1.97%
BABA	D	1.94%
HES	B	1.93%
PGR	A	1.92%
CZR	F	1.9%
META	D	1.89%
BRK.A	B	1.89%
EDR	A	1.88%
GE	D	1.87%
AER	B	1.82%
MELI	D	1.79%
TDG	D	1.78%
HCP	B	1.77%
UNH	C	1.76%
THC	D	1.76%
INSM	C	1.74%
UBER	D	1.7%
ACI	C	1.69%
IAC	D	1.67%
TEVA	D	1.65%
X	C	1.63%
LLY	F	1.39%

GVIP Underweight 60 Positions Relative to TECL

Symbol	Grade	Weight
ORCL	B	-2.06%
CSCO	B	-1.61%
ACN	C	-1.56%
NOW	A	-1.48%
INTU	C	-1.35%
IBM	C	-1.33%
TXN	C	-1.3%
QCOM	F	-1.26%
AMAT	F	-1.06%
PANW	C	-0.88%
PLTR	B	-0.82%
MU	D	-0.76%
INTC	D	-0.74%
ADI	D	-0.73%
ANET	C	-0.69%
LRCX	F	-0.67%
KLAC	D	-0.6%
APH	A	-0.6%
SNPS	B	-0.58%
MSI	B	-0.57%
CDNS	B	-0.57%
CRWD	B	-0.55%
ADSK	A	-0.46%
ROP	B	-0.42%
FTNT	C	-0.41%
FICO	B	-0.39%
NXPI	D	-0.39%
IT	C	-0.29%
CTSH	B	-0.28%
DELL	C	-0.27%
HPQ	B	-0.25%
GLW	B	-0.25%
MCHP	D	-0.24%
ANSS	B	-0.21%
ON	D	-0.2%
KEYS	A	-0.19%
HPE	B	-0.19%
MPWR	F	-0.19%
GDDY	A	-0.18%
TYL	B	-0.18%
CDW	F	-0.17%
NTAP	C	-0.17%
PTC	A	-0.16%
TDY	B	-0.15%
ZBRA	B	-0.14%
STX	D	-0.14%
FSLR	F	-0.14%
TRMB	B	-0.12%
TER	D	-0.12%
VRSN	F	-0.11%
GEN	B	-0.11%
EPAM	C	-0.1%
FFIV	B	-0.1%
JBL	B	-0.1%
JNPR	F	-0.09%
AKAM	D	-0.09%
SWKS	F	-0.09%
ENPH	F	-0.06%
SMCI	F	-0.06%
QRVO	F	-0.04%