MPAY vs. TECL ETF Comparison

Comparison of Akros Monthly Payout ETF (MPAY) to Direxion Technology Bull 3X Shares (TECL)

MPAY

Akros Monthly Payout ETF

MPAY Description

MPAY seeks to provide potential monthly distributions, which may include return of capital to investors. The index is generally comprised of 50 stocks and 18 ETFs. For the stock component of the index, only those listed on a US exchange and have a market-cap of at least $1 billion may be included. A proprietary algorithm analyzes historical financial and trading data to rank and select stocks based on their excess return factor, which is a formula that gauges whether a stock could outperform future markets. The top 50 stocks are selected to be included. The ETF component of the index aims to cut across different asset classes: mainly foreign equity, broad commodity, gold, Treasurys, bonds, REITs, MBTs, and global infrastructure ETFs. Individual weights are based on a proprietary methodology that incorporates modern portfolio theory principles such as historical covariance, historical mean, historical risk contribution, and cluster analysis. The index is rebalanced monthly and is non-diversified.

Grade (RS Rating)

Last Trade

$25.77

Average Daily Volume

795

Number of Holdings ^*

* may have additional holdings in another (foreign) market

TECL

Direxion Technology Bull 3X Shares

TECL Description

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the Technology Select Sector Index. The fund creates long positions by investing at least 80% of its assets in the securities that comprise the index and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index includes domestic companies from the following industries: computers & peripherals; software; diversified telecommunications services; communications equipment; semiconductors & seminconductor equipment; internet software & services; IT services; etc. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$83.86

Average Daily Volume

1,712,084

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MPAY	TECL
30 Days	1.26%	-2.43%
60 Days	7.31%	18.18%
90 Days	1.59%	-22.56%
12 Months	26.36%	83.16%

16 Overlapping Holdings

Symbol	Grade	Weight in MPAY	Weight in TECL	Overlap
AAPL	C	5.94%	3.35%	3.35%
ACN	B	1.34%	1.49%	1.34%
ADBE	F	1.57%	1.64%	1.57%
AMAT	D	1.45%	1.12%	1.12%
CRM	C	1.43%	1.82%	1.43%
CSCO	A	1.28%	1.48%	1.28%
FTNT	C	1.28%	0.34%	0.34%
INTU	F	1.3%	1.27%	1.27%
KLAC	D	1.32%	0.72%	0.72%
LRCX	F	1.32%	0.71%	0.71%
MSFT	C	5.7%	14.9%	5.7%
NOW	C	1.46%	1.35%	1.35%
NVDA	C	6.38%	13.14%	6.38%
ORCL	C	1.78%	1.88%	1.78%
QCOM	D	1.36%	1.33%	1.33%
TXN	C	1.23%	1.3%	1.23%

MPAY Overweight 36 Positions Relative to TECL

Symbol	Grade	Weight
AMZN	C	4.97%
GOOGL	C	4.73%
GLDM	A	3.6%
IAUM	A	3.36%
LLY	D	3.04%
WMT	A	2.21%
TSLA	B	1.83%
V	C	1.77%
COST	C	1.77%
MA	A	1.76%
UNH	B	1.74%
HD	A	1.74%
XOM	B	1.55%
MRK	F	1.53%
JNJ	C	1.46%
ABBV	A	1.45%
NFLX	C	1.44%
LOW	A	1.37%
CVX	D	1.32%
MCD	A	1.31%
CAT	A	1.28%
HCA	A	1.28%
TJX	C	1.28%
PM	B	1.27%
LIN	B	1.27%
BKNG	C	1.26%
PEP	D	1.25%
NKE	D	1.25%
ADP	A	1.24%
AZO	D	1.24%
ABNB	D	1.23%
ABT	C	1.23%
LMT	A	1.23%
UPS	D	1.22%
RTX	A	1.19%
DELL	D	1.02%

MPAY Underweight 50 Positions Relative to TECL

Symbol	Grade	Weight
AVGO	C	-3.07%
AMD	D	-1.77%
IBM	C	-1.41%
ADI	C	-0.79%
PANW	D	-0.77%
MU	D	-0.71%
ANET	B	-0.69%
INTC	D	-0.65%
APH	D	-0.56%
SNPS	F	-0.54%
MSI	A	-0.52%
CDNS	D	-0.52%
CRWD	D	-0.49%
NXPI	F	-0.42%
ROP	C	-0.42%
ADSK	C	-0.4%
FICO	C	-0.34%
TEL	D	-0.32%
MPWR	C	-0.3%
MCHP	F	-0.29%
IT	C	-0.28%
CTSH	C	-0.26%
GLW	C	-0.24%
ON	F	-0.21%
HPQ	C	-0.21%
CDW	D	-0.21%
ANSS	D	-0.2%
KEYS	C	-0.19%
NTAP	D	-0.18%
FSLR	C	-0.18%
HPE	C	-0.17%
TYL	C	-0.17%
GDDY	D	-0.16%
SMCI	F	-0.16%
PTC	D	-0.15%
WDC	C	-0.15%
TER	D	-0.14%
STX	B	-0.14%
TDY	B	-0.14%
ZBRA	C	-0.13%
AKAM	D	-0.11%
ENPH	D	-0.11%
SWKS	F	-0.11%
VRSN	C	-0.11%
JBL	D	-0.1%
TRMB	B	-0.1%
JNPR	C	-0.09%
FFIV	C	-0.09%
EPAM	F	-0.08%
QRVO	F	-0.07%