KBE vs. FAS ETF Comparison

Comparison of SPDR S&P Bank ETF (KBE) to Direxion Financial Bull 3X Shares (FAS)

KBE

SPDR S&P Bank ETF

KBE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of publicly traded national money centers and leading regional banks. In seeking to track the performance of the S&P Banks Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the banks industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$61.63

Average Daily Volume

1,808,152

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FAS

Direxion Financial Bull 3X Shares

FAS Description

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the Russell 1000Â® Financial Services Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the Russell 1000Â® Financial Services Index ("index") and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is a subset of the Russell 1000Â® Index that measures the performance of the securities classified in the financial services sector of the large cap U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$175.62

Average Daily Volume

588,047

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KBE	FAS
30 Days	13.14%	21.76%
60 Days	15.82%	33.63%
90 Days	15.94%	42.90%
12 Months	60.85%	160.25%

15 Overlapping Holdings

Symbol	Grade	Weight in KBE	Weight in FAS	Overlap
BAC	A	1.22%	3.06%	1.22%
BK	A	1.16%	0.57%	0.57%
C	A	1.21%	1.29%	1.21%
CFG	B	1.18%	0.21%	0.21%
FITB	A	1.13%	0.32%	0.32%
HBAN	A	1.25%	0.25%	0.25%
JPM	A	1.21%	6.8%	1.21%
KEY	B	1.21%	0.18%	0.18%
MTB	A	1.29%	0.35%	0.35%
NTRS	A	1.25%	0.21%	0.21%
PNC	B	1.18%	0.82%	0.82%
RF	A	1.21%	0.24%	0.24%
TFC	A	1.13%	0.61%	0.61%
USB	A	1.15%	0.78%	0.78%
WFC	A	1.42%	2.45%	1.42%

KBE Overweight 78 Positions Relative to FAS

Symbol	Grade	Weight
APO	B	1.45%
WBS	A	1.37%
EWBC	A	1.32%
PNFP	B	1.32%
FHN	A	1.3%
ZION	B	1.29%
GBCI	B	1.29%
AX	A	1.28%
CFR	B	1.28%
SNV	B	1.27%
COLB	A	1.27%
WTFC	A	1.27%
ASB	B	1.26%
TCBI	B	1.24%
JXN	C	1.22%
BOH	B	1.21%
FCNCA	A	1.21%
VLY	B	1.21%
CADE	B	1.2%
CMA	A	1.2%
EQH	B	1.19%
FNB	A	1.19%
FULT	A	1.19%
CBSH	A	1.18%
UMBF	B	1.17%
HWC	B	1.17%
OZK	B	1.17%
BKU	A	1.16%
PB	A	1.15%
HOMB	A	1.15%
CRBG	B	1.14%
TBBK	B	1.14%
ABCB	B	1.14%
ONB	B	1.14%
UBSI	B	1.14%
SSB	B	1.13%
BANC	A	1.13%
FFIN	B	1.13%
VOYA	B	1.1%
FIBK	A	1.1%
WAL	B	1.1%
FBP	B	1.04%
COOP	B	1.04%
AUB	B	1.03%
EBC	B	1.03%
CVBF	A	1.02%
PFS	B	1.0%
CBU	B	0.99%
MTG	C	0.99%
BPOP	B	0.99%
WD	D	0.99%
RDN	C	0.98%
CATY	B	0.97%
INDB	B	0.97%
BOKF	B	0.94%
NMIH	D	0.93%
UCB	A	0.91%
SFBS	B	0.9%
PFSI	D	0.9%
ESNT	D	0.89%
IBOC	A	0.89%
FHB	A	0.88%
WAFD	B	0.83%
RNST	B	0.82%
WSFS	A	0.81%
TFIN	A	0.79%
PPBI	B	0.78%
IBTX	B	0.77%
BANR	B	0.75%
SBCF	A	0.72%
RKT	F	0.69%
SFNC	B	0.64%
TRMK	B	0.61%
FFBC	A	0.61%
HTH	B	0.58%
FRME	B	0.56%
LKFN	B	0.45%
WSBC	A	0.44%

KBE Underweight 57 Positions Relative to FAS

Symbol	Grade	Weight
BRK.A	B	-8.47%
V	A	-5.09%
MA	C	-4.24%
GS	A	-1.84%
MS	A	-1.63%
SPGI	C	-1.62%
AXP	A	-1.6%
PGR	A	-1.49%
BLK	C	-1.44%
BX	A	-1.29%
FI	A	-1.2%
SCHW	B	-1.18%
MMC	B	-1.08%
CB	C	-1.07%
KKR	A	-1.0%
ICE	C	-0.89%
PYPL	B	-0.87%
AON	A	-0.81%
CME	A	-0.8%
MCO	B	-0.75%
COF	B	-0.69%
AJG	B	-0.64%
TRV	B	-0.58%
AMP	A	-0.55%
AFL	B	-0.55%
ALL	A	-0.51%
FIS	C	-0.48%
MET	A	-0.48%
AIG	B	-0.48%
MSCI	C	-0.47%
PRU	A	-0.44%
DFS	B	-0.43%
ACGL	D	-0.37%
HIG	B	-0.34%
WTW	B	-0.32%
NDAQ	A	-0.32%
GPN	B	-0.29%
RJF	A	-0.29%
STT	A	-0.28%
BRO	B	-0.26%
TROW	B	-0.26%
SYF	B	-0.25%
CPAY	A	-0.25%
CINF	A	-0.23%
CBOE	B	-0.21%
FDS	B	-0.19%
WRB	A	-0.18%
PFG	D	-0.18%
EG	C	-0.16%
L	A	-0.15%
JKHY	D	-0.12%
AIZ	A	-0.11%
GL	B	-0.1%
MKTX	D	-0.1%
ERIE	D	-0.1%
IVZ	B	-0.08%
BEN	C	-0.07%