HIBL vs. FXL ETF Comparison

Comparison of Direxion Daily S&P 500 High Beta Bull 3X Shares (HIBL) to First Trust Technology AlphaDEX (FXL)

HIBL

Direxion Daily S&P 500 High Beta Bull 3X Shares

HIBL Description

The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the S&P 500Â® High Beta 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 provider selects 100 securities to include in the index from the S&P 500Â® Index that have the highest sensitivity to market movements, or beta over the past 12 months as determined by the index provider. It is non-diversified.

Grade (RS Rating)

Last Trade

$48.97

Average Daily Volume

66,246

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

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

$154.02

Average Daily Volume

17,257

Number of Holdings ^*

102

* may have additional holdings in another (foreign) market

Performance

Period	HIBL	FXL
30 Days	12.67%	10.22%
60 Days	12.13%	12.16%
90 Days	15.13%	12.82%
12 Months	70.37%	31.26%

33 Overlapping Holdings

Symbol	Grade	Weight in HIBL	Weight in FXL	Overlap
ADI	D	0.83%	0.27%	0.27%
ADSK	A	0.69%	0.66%	0.66%
AMAT	F	1.08%	0.86%	0.86%
AMD	F	1.14%	0.25%	0.25%
ANSS	B	0.62%	0.32%	0.32%
APH	A	0.72%	0.66%	0.66%
AVGO	D	1.16%	1.17%	1.16%
CRM	B	0.73%	0.72%	0.72%
CRWD	B	0.96%	0.36%	0.36%
DAY	B	0.58%	0.74%	0.58%
DELL	C	1.0%	1.06%	1.0%
HPE	B	0.65%	1.62%	0.65%
INTC	D	1.02%	1.26%	1.02%
IT	C	0.59%	0.99%	0.59%
JBL	B	0.71%	1.28%	0.71%
KLAC	D	1.14%	0.25%	0.25%
MCHP	D	0.93%	0.48%	0.48%
META	D	0.78%	1.57%	0.78%
MPWR	F	1.03%	0.74%	0.74%
MSFT	F	0.58%	0.29%	0.29%
MU	D	0.98%	0.28%	0.28%
NOW	A	0.71%	1.38%	0.71%
NTAP	C	0.64%	0.89%	0.64%
NVDA	C	1.4%	1.43%	1.4%
ON	D	1.08%	1.44%	1.08%
ORCL	B	0.69%	1.3%	0.69%
PANW	C	0.64%	1.08%	0.64%
PLTR	B	1.4%	2.47%	1.4%
QCOM	F	0.93%	0.9%	0.9%
SMCI	F	2.03%	0.26%	0.26%
SWKS	F	0.85%	1.32%	0.85%
TER	D	1.18%	0.47%	0.47%
TXN	C	0.65%	0.59%	0.59%

HIBL Overweight 67 Positions Relative to FXL

Symbol	Grade	Weight
TSLA	B	1.3%
ALB	C	1.25%
VST	B	1.11%
LRCX	F	1.1%
SNPS	B	0.97%
CDNS	B	0.96%
ANET	C	0.95%
NXPI	D	0.94%
CZR	F	0.93%
PWR	A	0.91%
BLDR	D	0.89%
QRVO	F	0.83%
CCL	B	0.83%
DECK	A	0.83%
WDC	D	0.8%
ALGN	D	0.8%
ENPH	F	0.79%
NCLH	B	0.78%
URI	B	0.78%
CEG	D	0.78%
ETN	A	0.77%
KKR	A	0.77%
KEYS	A	0.77%
BX	A	0.75%
MGM	D	0.75%
UBER	D	0.74%
FSLR	F	0.74%
AMZN	C	0.73%
RCL	A	0.73%
UAL	A	0.73%
KMX	B	0.72%
ABNB	C	0.71%
GNRC	B	0.71%
BXP	D	0.69%
PODD	C	0.68%
ZBRA	B	0.68%
NFLX	A	0.66%
CARR	D	0.64%
ROK	B	0.64%
APTV	D	0.64%
FCX	D	0.64%
IVZ	B	0.64%
DAL	C	0.64%
PH	A	0.64%
HUBB	B	0.64%
EL	F	0.63%
INTU	C	0.63%
CRL	C	0.63%
PYPL	B	0.62%
STX	D	0.62%
PHM	D	0.61%
F	C	0.61%
IR	B	0.61%
LULU	C	0.6%
ADBE	C	0.6%
KEY	B	0.6%
MHK	D	0.59%
IDXX	F	0.59%
AES	F	0.58%
LW	C	0.58%
TROW	B	0.58%
EFX	F	0.56%
IQV	D	0.56%
CAT	B	0.55%
TECH	D	0.55%
MRNA	F	0.53%
CE	F	0.47%

HIBL Underweight 69 Positions Relative to FXL

Symbol	Grade	Weight
APP	B	-3.39%
TOST	B	-2.22%
VRT	B	-1.89%
DASH	A	-1.89%
PEGA	A	-1.88%
GWRE	A	-1.66%
GFS	C	-1.65%
CTSH	B	-1.63%
DXC	B	-1.62%
PAYC	B	-1.6%
SMAR	A	-1.57%
IPGP	D	-1.57%
DOCU	A	-1.53%
AVT	C	-1.52%
FTNT	C	-1.44%
GDDY	A	-1.4%
ZM	B	-1.4%
TWLO	A	-1.39%
ARW	D	-1.35%
AMKR	D	-1.32%
DNB	B	-1.27%
TYL	B	-1.25%
HPQ	B	-1.21%
CNXC	F	-1.21%
DT	C	-1.19%
MANH	D	-1.18%
DOX	D	-1.16%
EPAM	C	-1.15%
MSTR	C	-1.15%
SNX	C	-1.14%
NTNX	A	-1.12%
RNG	B	-1.08%
S	B	-1.07%
AKAM	D	-1.04%
FFIV	B	-1.03%
DBX	B	-1.01%
CRUS	D	-0.97%
SSNC	B	-0.93%
HCP	B	-0.93%
CACI	D	-0.91%
AAPL	C	-0.91%
DLB	B	-0.89%
SAIC	F	-0.84%
MTCH	D	-0.77%
DV	C	-0.71%
GLOB	B	-0.68%
GOOGL	C	-0.63%
ROP	B	-0.6%
LSCC	D	-0.57%
VRSN	F	-0.57%
IBM	C	-0.56%
KBR	F	-0.55%
IAC	D	-0.52%
U	C	-0.49%
OLED	D	-0.47%
ONTO	D	-0.47%
PYCR	C	-0.36%
KD	B	-0.36%
GTLB	B	-0.35%
NET	B	-0.34%
DDOG	A	-0.34%
WDAY	B	-0.33%
GEN	B	-0.32%
GLW	B	-0.31%
INFA	D	-0.3%
APPF	B	-0.29%
PSTG	D	-0.29%
ALGM	D	-0.25%
CDW	F	-0.24%

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