IWLG vs. SOXS ETF Comparison

Comparison of IQ MacKay Municipal Insured ETF (IWLG) to Direxion Daily Semiconductor Bear 3x Shares (SOXS)

IWLG

IQ MacKay Municipal Insured ETF

IWLG Description

IQ MacKay Municipal Insured ETF seek long-term growth of capital by employing a bottom-up investment process while investing in companies that have the potential for above-average future earnings and cash flow growth. IQ MacKay Municipal Insured ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$45.27

Average Daily Volume

8,930

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SOXS

Direxion Daily Semiconductor Bear 3x Shares

SOXS Description

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse of the performance of the PHLX Semiconductor Sector Index. The fund creates short positions by investing at least 80% of its assets in: futures contracts; options on securities, indices and futures contracts; equity caps, floors and collars; swap agreements; forward contracts; short positions; reverse repurchase agreements; ETFs; and other financial instruments that, in combination, provide leveraged and unleveraged exposure to the index. The index measures the performance of the semiconductor subsector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$21.74

Average Daily Volume

64,296,074

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IWLG	SOXS
30 Days	1.70%	-1.67%
60 Days	3.89%	-11.98%
90 Days	1.92%	-0.63%
12 Months	43.29%	-80.57%

5 Overlapping Holdings

Symbol	Grade	Weight in IWLG	Weight in SOXS	Overlap
AMD	D	0.48%	4.66%	0.48%
ASML	F	1.21%	3.0%	1.21%
AVGO	C	3.77%	7.0%	3.77%
LRCX	F	1.66%	4.14%	1.66%
NVDA	D	8.58%	8.24%	8.24%

IWLG Overweight 36 Positions Relative to SOXS

Symbol	Grade	Weight
MSFT	C	11.19%
AMZN	C	8.63%
AAPL	C	8.05%
META	B	4.1%
GOOGL	D	3.78%
GOOG	D	3.2%
SPOT	B	2.43%
INTU	C	2.42%
ISRG	B	2.28%
KKR	B	2.16%
ADBE	F	2.05%
LLY	C	1.81%
CMG	C	1.79%
GE	B	1.69%
TT	B	1.67%
NOW	B	1.65%
MELI	B	1.52%
FICO	B	1.49%
WDAY	D	1.48%
UBER	C	1.44%
V	C	1.43%
MA	B	1.38%
ETN	C	1.37%
SNPS	D	1.23%
ORLY	C	1.19%
UNH	C	1.16%
ABT	C	1.13%
SYK	C	1.12%
HD	B	1.07%
WCN	D	1.06%
NFLX	B	1.01%
BSX	B	0.98%
AME	C	0.96%
HLT	B	0.96%
BKNG	C	0.48%
VMC	D	0.33%

IWLG Underweight 21 Positions Relative to SOXS

Symbol	Grade	Weight
QCOM	D	-8.23%
TXN	C	-7.85%
INTC	F	-7.36%
MU	F	-4.35%
NXPI	F	-4.15%
TSM	C	-3.95%
AMAT	D	-3.89%
KLAC	D	-3.8%
ADI	C	-3.79%
MCHP	F	-3.53%
SWKS	D	-2.85%
MRVL	C	-2.56%
QRVO	F	-1.8%
TER	D	-1.59%
ON	D	-1.38%
MPWR	C	-1.06%
ENTG	F	-1.02%
MKSI	F	-0.84%
SLAB	D	-0.7%
CRUS	D	-0.66%
SMTC	C	-0.49%