INCE vs. WANT ETF Comparison

Comparison of Franklin Income Equity Focus ETF (INCE) to Direxion Daily Consumer Discretionary Bull 3X Shares (WANT)

INCE

Franklin Income Equity Focus ETF

INCE Description

Under normal marketing conditions, the fund will invest at least 80% of its net assets in equity securities, and in derivatives and other instruments that have economic characteristics and provide investment exposure similar to equity securities.

Grade (RS Rating)

Last Trade

$58.18

Average Daily Volume

5,956

Number of Holdings ^*

* may have additional holdings in another (foreign) market

WANT

Direxion Daily Consumer Discretionary Bull 3X Shares

WANT Description

The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the Consumer Discretionary Select Sector Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in securities of the index, exchange-traded funds ("ETFs") that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index is provided by S&P Dow Jones Indices (the "index provider") and includes domestic companies from the consumer discretionary sector. It is non-diversified.

Grade (RS Rating)

Last Trade

$49.36

Average Daily Volume

29,158

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	INCE	WANT
30 Days	-1.45%	23.25%
60 Days	1.51%	28.02%
90 Days	3.16%	44.51%
12 Months	18.12%	73.49%

5 Overlapping Holdings

Symbol	Grade	Weight in INCE	Weight in WANT	Overlap
GM	B	1.09%	0.64%	0.64%
HD	A	1.64%	2.94%	1.64%
LOW	C	1.37%	1.55%	1.37%
MCD	D	1.17%	1.58%	1.17%
SBUX	A	1.15%	1.13%	1.13%

INCE Overweight 40 Positions Relative to WANT

Symbol	Grade	Weight
SO	C	3.06%
JNJ	D	2.87%
CVX	A	2.86%
VZ	C	2.85%
LMT	D	2.23%
JCI	B	2.19%
APD	A	1.97%
PG	C	1.93%
PEP	F	1.78%
RIO	D	1.64%
XOM	B	1.58%
SCHW	A	1.48%
JPM	A	1.48%
MS	A	1.47%
RTX	D	1.43%
UNP	D	1.42%
ADI	D	1.31%
MET	A	1.29%
TXN	C	1.25%
PM	A	1.23%
USB	B	1.15%
TTE	F	1.14%
CSCO	B	1.13%
HON	B	1.1%
SRE	A	1.08%
BAC	A	1.04%
NOC	D	1.04%
KO	D	0.97%
AEP	C	0.95%
IBM	C	0.92%
NEM	D	0.89%
UPS	C	0.87%
DUK	C	0.81%
PNC	B	0.6%
FITB	B	0.59%
MA	B	0.54%
FCX	F	0.51%
ALB	B	0.5%
BA	D	0.42%
C	B	0.0%

INCE Underweight 45 Positions Relative to WANT

Symbol	Grade	Weight
AMZN	B	-8.79%
TSLA	A	-7.05%
BKNG	A	-1.67%
TJX	A	-1.32%
NKE	F	-0.91%
CMG	C	-0.81%
ORLY	B	-0.71%
MAR	B	-0.66%
HLT	A	-0.61%
ABNB	D	-0.6%
RCL	A	-0.55%
AZO	C	-0.53%
DHI	D	-0.49%
ROST	D	-0.47%
F	C	-0.44%
LEN	D	-0.41%
YUM	D	-0.38%
LULU	C	-0.36%
GRMN	B	-0.32%
TSCO	D	-0.3%
EBAY	D	-0.3%
NVR	D	-0.28%
DECK	A	-0.27%
PHM	D	-0.27%
CCL	A	-0.25%
EXPE	B	-0.23%
DRI	C	-0.2%
LVS	B	-0.18%
ULTA	F	-0.18%
GPC	F	-0.17%
BBY	D	-0.17%
DPZ	C	-0.16%
APTV	F	-0.15%
POOL	D	-0.14%
TPR	B	-0.12%
KMX	C	-0.12%
NCLH	B	-0.12%
LKQ	F	-0.1%
CZR	F	-0.09%
MHK	D	-0.08%
BWA	D	-0.08%
WYNN	D	-0.08%
HAS	D	-0.08%
MGM	D	-0.08%
RL	C	-0.08%