SOXS vs. SPRX ETF Comparison

Comparison of Direxion Daily Semiconductor Bear 3x Shares (SOXS) to Spear Alpha ETF (SPRX)

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

$21.01

Average Daily Volume

65,536,314

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SPRX

Spear Alpha ETF

SPRX Description

SPRX invests in companies that are poised to benefit from breakthrough trends in industrial technology. The fund’s objective is to find underappreciated opportunities across different industrial supply chains that are beneficiaries of the secular themes discussed below: Environmental Focus and Decarbonization Manufacturing Digitalization Automation & Robotics Photonics and Additive Manufacturing Space Exploration Artificial Intelligence (AI) SPRX is an actively managed ETF that seeks long-term capital growth by investing in US listed securities (including American depositary receipts "ADRs") of industrial and technology companies relevant to the Fund’s investment themes and the ecosystem around them. SPRX invests in both “growth”, defined as companies with high and underappreciated growth prospects, and “value”, defined as opportunities that are undervalued based on an assessment of the underlying fundamentals.

Grade (RS Rating)

Last Trade

$22.44

Average Daily Volume

36,435

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SOXS	SPRX
30 Days	-3.80%	-0.18%
60 Days	-36.13%	12.48%
90 Days	2.86%	-6.62%
12 Months	-81.31%	32.47%

4 Overlapping Holdings

Symbol	Grade	Weight in SOXS	Weight in SPRX	Overlap
AMD	D	4.66%	6.88%	4.66%
MRVL	C	2.56%	8.2%	2.56%
MU	D	4.35%	3.09%	3.09%
NVDA	C	8.24%	12.88%	8.24%

SOXS Overweight 22 Positions Relative to SPRX

Symbol	Grade	Weight
QCOM	D	8.23%
TXN	C	7.85%
INTC	D	7.36%
AVGO	C	7.0%
NXPI	F	4.15%
LRCX	D	4.14%
TSM	C	3.95%
AMAT	B	3.89%
KLAC	B	3.8%
ADI	C	3.79%
MCHP	F	3.53%
ASML	F	3.0%
SWKS	F	2.85%
QRVO	F	1.8%
TER	C	1.59%
ON	F	1.38%
MPWR	B	1.06%
ENTG	D	1.02%
MKSI	F	0.84%
SLAB	D	0.7%
CRUS	D	0.66%
SMTC	C	0.49%

SOXS Underweight 19 Positions Relative to SPRX

Symbol	Grade	Weight
ZS	F	-9.09%
S	C	-8.58%
NET	D	-7.93%
SHOP	C	-7.31%
CEG	B	-6.14%
DDOG	D	-5.47%
APH	D	-4.55%
HUBS	D	-3.54%
CFLT	F	-3.17%
CRWD	D	-2.62%
GTLB	D	-1.96%
SNOW	F	-1.87%
NRG	A	-1.82%
SMCI	F	-1.5%
ANET	A	-1.5%
NVT	D	-0.74%
PANW	D	-0.18%
RIO	A	-0.0%
ROK	D	-0.0%