HIBL vs. ITAN ETF Comparison

Comparison of Direxion Daily S&P 500 High Beta Bull 3X Shares (HIBL) to Sparkline Intangible Value ETF (ITAN)

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

$51.63

Average Daily Volume

65,199

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

ITAN

Sparkline Intangible Value ETF

ITAN Description

The investment seeks long-term capital appreciation. The fund is an actively-managed exchange-traded fund (âETFâ). The fund will invest in U.S.-listed equity securities that Sparkline Capital LP (the âSub-Adviserâ) believes are attractive relative to its proprietary measure of âintangible-augmented intrinsic value.â The fundâs investments may include common stocks and Real Estate Investment Trusts (REITs). Although the fund will not concentrate its investments in a particular industry, the Sub-Adviser anticipates that fund will hold a meaningful amount of stocks in the technology, communications, healthcare, and consumer discretionary sectors.

Grade (RS Rating)

Last Trade

$32.40

Average Daily Volume

1,894

Number of Holdings ^*

151

* may have additional holdings in another (foreign) market

Performance

Period	HIBL	ITAN
30 Days	15.45%	6.24%
60 Days	12.43%	7.16%
90 Days	25.75%	11.18%
12 Months	78.83%	32.36%

24 Overlapping Holdings

Symbol	Grade	Weight in HIBL	Weight in ITAN	Overlap
ADSK	B	0.69%	0.64%	0.64%
AMZN	C	0.73%	4.72%	0.73%
CRM	B	0.73%	2.09%	0.73%
DAL	B	0.64%	0.61%	0.61%
DELL	C	1.0%	1.13%	1.0%
F	C	0.61%	0.81%	0.61%
HPE	B	0.65%	0.63%	0.63%
INTC	C	1.02%	1.25%	1.02%
IQV	F	0.56%	0.43%	0.43%
IVZ	B	0.64%	0.24%	0.24%
JBL	C	0.71%	0.37%	0.37%
META	D	0.78%	2.91%	0.78%
NTAP	C	0.64%	0.64%	0.64%
NXPI	D	0.94%	0.67%	0.67%
ORCL	C	0.69%	2.38%	0.69%
PANW	C	0.64%	0.89%	0.64%
PYPL	A	0.62%	1.09%	0.62%
QCOM	F	0.93%	1.53%	0.93%
QRVO	F	0.83%	0.2%	0.2%
ROK	B	0.64%	0.45%	0.45%
SWKS	F	0.85%	0.33%	0.33%
UAL	B	0.73%	0.76%	0.73%
WDC	C	0.8%	0.55%	0.55%
ZBRA	A	0.68%	0.45%	0.45%

HIBL Overweight 76 Positions Relative to ITAN

Symbol	Grade	Weight
SMCI	D	2.03%
NVDA	C	1.4%
PLTR	B	1.4%
TSLA	B	1.3%
ALB	C	1.25%
TER	F	1.18%
AVGO	D	1.16%
AMD	F	1.14%
KLAC	F	1.14%
VST	B	1.11%
LRCX	F	1.1%
ON	C	1.08%
AMAT	F	1.08%
MPWR	F	1.03%
MU	D	0.98%
SNPS	B	0.97%
CDNS	B	0.96%
CRWD	B	0.96%
ANET	C	0.95%
MCHP	F	0.93%
CZR	D	0.93%
PWR	A	0.91%
BLDR	C	0.89%
ADI	D	0.83%
CCL	B	0.83%
DECK	A	0.83%
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	B	0.77%
KEYS	B	0.77%
BX	B	0.75%
MGM	F	0.75%
UBER	D	0.74%
FSLR	F	0.74%
RCL	B	0.73%
KMX	B	0.72%
APH	B	0.72%
NOW	B	0.71%
ABNB	C	0.71%
GNRC	B	0.71%
BXP	D	0.69%
PODD	B	0.68%
NFLX	B	0.66%
TXN	D	0.65%
CARR	C	0.64%
APTV	F	0.64%
FCX	F	0.64%
PH	A	0.64%
HUBB	B	0.64%
EL	F	0.63%
INTU	C	0.63%
CRL	C	0.63%
ANSS	B	0.62%
STX	D	0.62%
PHM	C	0.61%
IR	A	0.61%
LULU	C	0.6%
ADBE	C	0.6%
KEY	A	0.6%
IT	C	0.59%
MHK	D	0.59%
IDXX	F	0.59%
AES	F	0.58%
LW	C	0.58%
DAY	A	0.58%
TROW	A	0.58%
MSFT	D	0.58%
EFX	D	0.56%
CAT	B	0.55%
TECH	C	0.55%
MRNA	F	0.53%
CE	F	0.47%

HIBL Underweight 127 Positions Relative to ITAN

Symbol	Grade	Weight
GOOG	C	-2.11%
GOOGL	C	-2.11%
CSCO	A	-1.77%
IBM	C	-1.76%
T	A	-1.63%
ACN	B	-1.58%
WFC	A	-1.56%
TMUS	A	-1.43%
VZ	B	-1.36%
PFE	D	-1.32%
DIS	B	-1.25%
RTX	D	-1.22%
HON	B	-1.21%
MDT	D	-1.15%
COF	B	-1.08%
CMCSA	C	-1.07%
BMY	B	-1.04%
BA	D	-1.03%
GM	B	-0.97%
CVS	D	-0.96%
SQ	B	-0.94%
GILD	B	-0.9%
NOC	D	-0.88%
MMM	D	-0.88%
FDX	B	-0.86%
CMI	A	-0.85%
TGT	F	-0.83%
CTSH	B	-0.77%
HPQ	B	-0.74%
ALL	B	-0.74%
CHTR	C	-0.71%
DASH	A	-0.71%
LHX	C	-0.71%
BDX	F	-0.69%
JCI	C	-0.68%
WDAY	C	-0.67%
EBAY	C	-0.66%
GD	F	-0.64%
GLW	B	-0.6%
EXPE	B	-0.59%
CVNA	B	-0.58%
HUM	C	-0.56%
CNC	F	-0.56%
WBD	C	-0.55%
EA	C	-0.55%
PRU	A	-0.54%
CAH	B	-0.52%
DOCU	A	-0.52%
KR	A	-0.51%
VTRS	B	-0.51%
ZM	B	-0.51%
SNAP	C	-0.5%
ZS	C	-0.5%
ILMN	C	-0.5%
TWLO	B	-0.49%
NTNX	B	-0.48%
LDOS	D	-0.47%
FFIV	A	-0.46%
DD	D	-0.45%
BBY	D	-0.45%
BAX	F	-0.45%
DGX	B	-0.44%
LH	B	-0.44%
TRMB	B	-0.43%
OKTA	C	-0.42%
ACM	A	-0.42%
J	F	-0.41%
PSTG	D	-0.4%
BIIB	F	-0.4%
AAL	B	-0.4%
JNPR	F	-0.4%
BAH	F	-0.4%
CIEN	B	-0.39%
DVA	B	-0.38%
EXAS	F	-0.38%
TPR	A	-0.38%
LMT	D	-0.38%
JLL	B	-0.37%
ROKU	D	-0.37%
DBX	C	-0.37%
LYFT	C	-0.36%
IP	B	-0.36%
EMN	D	-0.35%
CACI	D	-0.35%
NWSA	B	-0.34%
AKAM	F	-0.33%
TRU	D	-0.33%
LUMN	C	-0.32%
ALLY	C	-0.32%
ACI	C	-0.31%
JAZZ	B	-0.3%
TAP	C	-0.3%
ELAN	F	-0.29%
SWK	D	-0.29%
TXT	D	-0.29%
U	C	-0.29%
PARA	C	-0.28%
ANF	C	-0.28%
ETSY	D	-0.28%
G	B	-0.28%
W	D	-0.28%
WBA	D	-0.27%
MASI	A	-0.27%
WHR	B	-0.27%
BOX	A	-0.26%
HAS	D	-0.26%
FAF	B	-0.26%
BIO	D	-0.25%
ALK	A	-0.25%
MTCH	F	-0.24%
FLS	A	-0.24%
MAT	D	-0.24%
GAP	C	-0.23%
RIVN	D	-0.23%
NOV	C	-0.23%
UAA	C	-0.23%
PATH	C	-0.23%
DOX	D	-0.23%
ARW	D	-0.23%
RHI	C	-0.22%
BWA	C	-0.22%
HRB	D	-0.21%
AGCO	D	-0.2%
HOG	F	-0.2%
M	D	-0.16%
RUN	F	-0.14%
XRAY	F	-0.14%