KVLE vs. FAS ETF Comparison

Comparison of KFA Value Line Dynamic Core Equity Index ETF (KVLE) to Direxion Financial Bull 3X Shares (FAS)

KVLE

KFA Value Line Dynamic Core Equity Index ETF

KVLE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of a specific equity securities index, the Value Line®Dynamic Core Equity Index. Under normal circumstances, the fund will invest at least 80% of its total assets in components of the underlying index. It may invest up to 20% of its assets in instruments that are not included in the underlying index, but that Fund's adviser, Krane Funds Advisors, LLC, believes will help the fund track the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.03

Average Daily Volume

4,516

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

$128.25

Average Daily Volume

771,141

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KVLE	FAS
30 Days	1.36%	6.78%
60 Days	4.16%	13.05%
90 Days	5.14%	24.63%
12 Months	18.64%	91.08%

9 Overlapping Holdings

Symbol	Grade	Weight in KVLE	Weight in FAS	Overlap
ALL	A	0.45%	0.54%	0.45%
BLK	A	1.24%	1.36%	1.24%
CFG	D	0.13%	0.2%	0.13%
CME	C	0.44%	0.86%	0.44%
GS	D	1.73%	1.68%	1.68%
JPM	D	1.07%	6.51%	1.07%
MS	D	0.63%	1.33%	0.63%
RF	B	0.24%	0.22%	0.22%
TROW	D	1.27%	0.26%	0.26%

KVLE Overweight 78 Positions Relative to FAS

Symbol	Grade	Weight
NVDA	D	7.96%
MSFT	C	5.96%
AAPL	D	5.17%
GOOG	D	3.38%
AMZN	C	3.03%
META	A	2.56%
HD	B	2.23%
CSCO	B	1.89%
TXN	C	1.8%
PSA	B	1.7%
PFE	C	1.69%
MO	C	1.66%
ADP	B	1.63%
BMY	C	1.61%
WEC	B	1.59%
KMB	D	1.59%
PAYX	C	1.59%
GILD	B	1.58%
VZ	B	1.55%
APD	B	1.53%
CMCSA	D	1.5%
DTM	B	1.46%
HESM	C	1.43%
FAST	C	1.35%
ABBV	C	1.32%
DOW	D	1.32%
WU	D	1.27%
LLY	C	1.27%
CALM	B	1.26%
UPS	D	1.24%
IBM	B	1.2%
MRK	D	1.13%
PKG	B	1.04%
MSM	D	1.03%
ED	C	0.99%
UNP	B	0.96%
AMGN	B	0.95%
CVX	D	0.94%
PG	C	0.94%
PSX	D	0.92%
WSO	C	0.89%
FLO	C	0.86%
CMI	C	0.82%
SPG	B	0.82%
ETR	A	0.79%
LMT	C	0.74%
AEP	B	0.66%
PEG	B	0.65%
EPD	A	0.62%
UGI	C	0.59%
MCD	C	0.57%
OGS	B	0.55%
RHI	D	0.55%
NTAP	D	0.54%
VIRT	B	0.53%
SNA	B	0.52%
CL	C	0.49%
JNJ	B	0.47%
VRT	C	0.47%
DUK	C	0.38%
KO	B	0.35%
NFLX	B	0.31%
DKS	D	0.3%
WSM	C	0.27%
RTX	C	0.25%
SR	B	0.24%
PM	C	0.24%
APP	B	0.22%
POWL	C	0.2%
AVGO	C	0.18%
EVRG	A	0.18%
ORCL	B	0.17%
GD	B	0.16%
KRO	D	0.16%
DELL	D	0.15%
EQIX	B	0.12%
SMCI	F	0.11%
CVS	D	0.1%

KVLE Underweight 61 Positions Relative to FAS

Symbol	Grade	Weight
BRK.A	C	-8.95%
V	B	-4.93%
MA	B	-4.43%
BAC	D	-2.89%
WFC	D	-1.97%
SPGI	B	-1.83%
PGR	A	-1.6%
AXP	B	-1.59%
CB	B	-1.29%
MMC	C	-1.24%
C	D	-1.2%
BX	B	-1.15%
SCHW	D	-1.01%
ICE	B	-1.01%
KKR	B	-0.88%
AON	B	-0.83%
MCO	A	-0.82%
PYPL	B	-0.81%
PNC	B	-0.78%
USB	B	-0.75%
AJG	C	-0.71%
TFC	D	-0.61%
AFL	B	-0.61%
TRV	B	-0.59%
COF	C	-0.58%
BK	A	-0.57%
AIG	D	-0.53%
FIS	B	-0.51%
MSCI	C	-0.49%
MET	A	-0.49%
AMP	B	-0.47%
PRU	C	-0.46%
ACGL	B	-0.45%
HIG	A	-0.37%
DFS	C	-0.36%
NDAQ	B	-0.33%
WTW	B	-0.32%
GPN	D	-0.31%
FITB	B	-0.31%
MTB	B	-0.3%
BRO	C	-0.27%
STT	A	-0.27%
CPAY	B	-0.24%
RJF	C	-0.24%
CBOE	C	-0.24%
HBAN	B	-0.23%
CINF	B	-0.23%
NTRS	B	-0.2%
SYF	C	-0.2%
PFG	B	-0.19%
WRB	C	-0.19%
EG	B	-0.18%
FDS	C	-0.18%
KEY	B	-0.17%
L	B	-0.16%
JKHY	B	-0.14%
MKTX	C	-0.11%
AIZ	B	-0.11%
GL	C	-0.09%
IVZ	C	-0.08%
BEN	F	-0.06%