IGE vs. ERX ETF Comparison

Comparison of iShares North American Natural Resources ETF (IGE) to Direxion Energy Bull 3X Shares (ERX)

IGE

iShares North American Natural Resources ETF

IGE Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P North American Natural Resources Sector IndexTM (the "underlying index"). The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of U.S.-traded stocks of natural resource-related companies in the United States and Canada. Components primarily include energy, materials, metals and mining and oil and gas companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$48.01

Average Daily Volume

117,333

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	IGE	ERX
30 Days	6.08%	16.26%
60 Days	7.98%	16.98%
90 Days	7.74%	14.56%
12 Months	22.56%	28.04%

22 Overlapping Holdings

Symbol	Grade	Weight in IGE	Weight in ERX	Overlap
APA	D	0.31%	0.37%	0.31%
BKR	B	1.59%	1.92%	1.59%
COP	C	4.5%	4.85%	4.5%
CTRA	B	0.7%	0.84%	0.7%
CVX	A	10.13%	10.17%	10.13%
DVN	F	0.91%	1.11%	0.91%
EOG	A	2.84%	2.93%	2.84%
EQT	B	0.94%	1.14%	0.94%
FANG	D	1.26%	1.53%	1.26%
HAL	C	0.98%	1.19%	0.98%
HES	B	1.48%	1.8%	1.48%
KMI	A	1.91%	2.32%	1.91%
MPC	D	1.96%	2.37%	1.96%
MRO	B	0.6%	0.72%	0.6%
OKE	A	2.33%	2.83%	2.33%
OXY	D	1.26%	1.53%	1.26%
PSX	C	2.01%	2.44%	2.01%
SLB	C	2.28%	2.77%	2.28%
TRGP	B	1.55%	1.88%	1.55%
VLO	C	1.66%	2.01%	1.66%
WMB	A	2.5%	3.04%	2.5%
XOM	B	9.88%	14.33%	9.88%

IGE Overweight 77 Positions Relative to ERX

Symbol	Grade	Weight
FCX	D	2.3%
LNG	B	1.76%
NEM	D	1.73%
VMC	B	1.38%
MLM	B	1.33%
TPL	A	0.95%
SW	A	0.92%
PKG	A	0.78%
EXE	B	0.73%
IP	B	0.73%
BALL	D	0.7%
AVY	D	0.6%
AMCR	D	0.54%
FTI	A	0.45%
OVV	B	0.44%
ATR	B	0.43%
CCK	C	0.4%
AA	B	0.39%
EXP	A	0.38%
PR	B	0.36%
DTM	B	0.36%
RGLD	C	0.34%
AR	B	0.33%
GPK	C	0.31%
CHRD	D	0.3%
RRC	B	0.3%
BERY	B	0.28%
LPX	B	0.26%
MTDR	B	0.25%
DINO	D	0.25%
NOV	C	0.24%
WFRD	D	0.23%
CHX	C	0.22%
SUM	B	0.21%
CNX	A	0.21%
KNF	A	0.2%
SM	B	0.19%
AM	A	0.19%
MGY	A	0.19%
VNOM	A	0.19%
NE	C	0.18%
SON	D	0.18%
CIVI	D	0.17%
MUR	D	0.17%
WHD	B	0.16%
SLGN	A	0.16%
SEE	C	0.16%
AROC	B	0.15%
CRC	B	0.15%
NOG	A	0.15%
BTU	B	0.13%
RIG	D	0.13%
HL	D	0.13%
CEIX	A	0.12%
HP	B	0.12%
VAL	D	0.12%
LBRT	D	0.11%
SLVM	B	0.11%
PTEN	C	0.11%
UEC	B	0.11%
PBF	D	0.11%
TDW	F	0.09%
OI	C	0.08%
GPOR	B	0.08%
MP	B	0.08%
KOS	F	0.07%
WKC	D	0.06%
INSW	F	0.06%
GEF	A	0.06%
CRK	B	0.05%
AESI	B	0.05%
XPRO	F	0.05%
KGS	B	0.04%
NFE	D	0.04%
PTVE	B	0.02%
CVI	F	0.02%
MAGN	F	0.01%

IGE Underweight 0 Positions Relative to ERX

	Symbol	Grade	Weight