ITAN vs. WEBL ETF Comparison

Comparison of Sparkline Intangible Value ETF (ITAN) to Direxion Daily Dow Jones Internet Bull 3X Shares (WEBL)

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

$31.46

Average Daily Volume

1,627

Number of Holdings ^*

151

* may have additional holdings in another (foreign) market

WEBL

Direxion Daily Dow Jones Internet Bull 3X Shares

WEBL Description

The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the Dow Jones Internet Composite 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 includes companies that generate at least 50% of their annual sales/revenue from the internet as determined by the index provider. It is non-diversified.

Grade (RS Rating)

Last Trade

$23.98

Average Daily Volume

291,048

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ITAN	WEBL
30 Days	1.46%	18.69%
60 Days	5.79%	34.56%
90 Days	8.51%	45.71%
12 Months	29.52%	116.95%

20 Overlapping Holdings

Symbol	Grade	Weight in ITAN	Weight in WEBL	Overlap
AKAM	F	0.32%	0.44%	0.32%
AMZN	B	4.86%	6.28%	4.86%
BOX	B	0.26%	0.16%	0.16%
CIEN	B	0.41%	0.32%	0.32%
CRM	B	2.14%	4.93%	2.14%
CSCO	B	1.78%	2.91%	1.78%
CVNA	A	0.56%	0.88%	0.56%
DASH	A	0.71%	1.84%	0.71%
DBX	C	0.37%	0.21%	0.21%
DOCU	B	0.53%	0.52%	0.52%
EBAY	D	0.66%	0.97%	0.66%
GOOG	B	2.09%	2.89%	2.09%
GOOGL	B	2.09%	3.49%	2.09%
JNPR	D	0.42%	0.4%	0.4%
META	C	2.87%	6.18%	2.87%
NTNX	B	0.49%	0.56%	0.49%
OKTA	D	0.44%	0.39%	0.39%
PYPL	B	1.1%	2.78%	1.1%
WDAY	C	0.7%	1.8%	0.7%
ZM	B	0.54%	0.67%	0.54%

ITAN Overweight 131 Positions Relative to WEBL

Symbol	Grade	Weight
ORCL	A	2.31%
IBM	C	1.69%
ACN	C	1.6%
QCOM	F	1.55%
T	A	1.55%
WFC	A	1.51%
TMUS	B	1.42%
VZ	C	1.3%
PFE	F	1.28%
INTC	C	1.26%
RTX	D	1.23%
HON	B	1.21%
MDT	D	1.18%
DELL	B	1.11%
DIS	B	1.1%
COF	B	1.09%
CMCSA	B	1.06%
TGT	B	1.03%
BMY	A	1.03%
GM	B	1.0%
BA	D	0.96%
GILD	C	0.92%
NOC	D	0.91%
CVS	F	0.9%
MMM	D	0.89%
PANW	B	0.89%
SQ	A	0.87%
FDX	B	0.85%
CMI	A	0.84%
F	C	0.82%
CTSH	C	0.8%
LHX	B	0.74%
HPQ	B	0.72%
CHTR	B	0.72%
ALL	A	0.72%
BDX	F	0.7%
GD	D	0.7%
UAL	A	0.7%
JCI	B	0.69%
NXPI	F	0.66%
ADSK	B	0.64%
HPE	B	0.63%
DAL	A	0.6%
NTAP	C	0.6%
GLW	B	0.59%
EXPE	B	0.58%
LDOS	C	0.55%
CNC	F	0.54%
ILMN	C	0.54%
WBD	B	0.53%
EA	A	0.53%
CAH	B	0.53%
PRU	B	0.53%
WDC	F	0.53%
HUM	D	0.53%
SNAP	D	0.51%
KR	B	0.51%
ZS	B	0.51%
TWLO	A	0.49%
VTRS	A	0.49%
BAH	D	0.47%
FFIV	B	0.46%
BBY	D	0.46%
IQV	F	0.46%
ZBRA	B	0.46%
J	D	0.45%
ROK	B	0.45%
LH	B	0.45%
BAX	F	0.44%
DD	D	0.44%
DGX	A	0.43%
TRMB	B	0.43%
BIIB	F	0.42%
ACM	B	0.42%
CACI	C	0.41%
LMT	D	0.39%
PSTG	F	0.39%
ROKU	D	0.39%
AAL	B	0.38%
LUMN	C	0.37%
JLL	D	0.37%
LYFT	C	0.37%
JBL	C	0.37%
DVA	C	0.36%
IP	A	0.34%
EMN	D	0.34%
TRU	D	0.34%
TPR	B	0.34%
NWSA	B	0.33%
JAZZ	C	0.32%
SWKS	F	0.32%
ALLY	C	0.32%
TAP	B	0.31%
ELAN	D	0.3%
ACI	C	0.3%
TXT	D	0.3%
SWK	F	0.29%
ETSY	D	0.29%
WBA	F	0.29%
ANF	C	0.28%
G	B	0.28%
PARA	D	0.28%
RIVN	F	0.27%
BIO	C	0.27%
WHR	B	0.27%
HAS	D	0.26%
MASI	B	0.26%
EXAS	D	0.26%
FAF	C	0.25%
W	D	0.25%
U	F	0.25%
PATH	C	0.24%
DOX	D	0.24%
ALK	A	0.24%
GAP	D	0.24%
IVZ	C	0.24%
MAT	D	0.24%
UAA	C	0.24%
ARW	F	0.23%
FLS	A	0.23%
MTCH	F	0.23%
BWA	D	0.22%
NOV	D	0.22%
RHI	C	0.22%
HRB	D	0.21%
QRVO	F	0.2%
AGCO	F	0.19%
HOG	F	0.19%
M	D	0.16%
RUN	F	0.14%
XRAY	D	0.13%

ITAN Underweight 21 Positions Relative to WEBL

Symbol	Grade	Weight
NFLX	A	-5.54%
BKNG	A	-3.21%
ANET	C	-2.78%
ABNB	D	-1.87%
CPRT	B	-1.6%
SNOW	C	-1.43%
DDOG	A	-1.32%
TEAM	A	-1.27%
HUBS	B	-1.14%
VEEV	C	-1.07%
NET	B	-0.91%
RBLX	B	-0.9%
GDDY	A	-0.83%
DKNG	B	-0.64%
PINS	F	-0.56%
VRSN	F	-0.49%
PAYC	B	-0.36%
SMAR	A	-0.24%
CFLT	B	-0.23%
MARA	C	-0.2%
ZI	D	-0.1%