TECB vs. WFH ETF Comparison

Comparison of iShares U.S. Tech Breakthrough Multisector ETF (TECB) to Direxion Work From Home ETF (WFH)

TECB

iShares U.S. Tech Breakthrough Multisector ETF

TECB Description

The fund seeks to track the investment results of the NYSE FactSet U.S. Tech Breakthrough Index (the underlying index), which measures the performance of U.S. listed companies engaged in cutting edge research and development of products and services in the areas of robotics and artificial intelligence, cyber security, cloud and data tech, financial technology, and genomics and immunology. It generally will invest at least 90% of its assets in the component securities of the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$51.37

Average Daily Volume

21,359

Number of Holdings ^*

164

* may have additional holdings in another (foreign) market

WFH

Direxion Work From Home ETF

WFH Description

The Direxion Work From Home ETF offers exposure to companies across four technology pillars, allowing investors to gain exposure to those companies that stand to benefit from an increasingly flexible work environment. The four pillars include Cloud Technologies, Cybersecurity, Online Project and Document Management, and Remote Communications. Companies are selected for inclusion in the index by ARTIS, a proprietary natural language processing algorithm, which uses key words to evaluate large volumes of publicly available information, such as annual reports, business descriptions and financial news.

Grade (RS Rating)

Last Trade

$58.79

Average Daily Volume

1,598

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TECB	WFH
30 Days	5.16%	6.95%
60 Days	13.38%	15.65%
90 Days	-0.41%	5.20%
12 Months	40.63%	26.61%

20 Overlapping Holdings

Symbol	Grade	Weight in TECB	Weight in WFH	Overlap
ADBE	F	3.23%	2.1%	2.1%
AMZN	C	3.94%	2.59%	2.59%
CRM	B	4.06%	2.61%	2.61%
CRWD	D	1.82%	2.55%	1.82%
DOCN	B	0.04%	2.74%	0.04%
FTNT	A	1.39%	2.36%	1.39%
GOOGL	B	3.54%	2.44%	2.44%
HUBS	D	0.41%	2.54%	0.41%
META	A	4.37%	2.6%	2.6%
MSFT	D	3.86%	2.48%	2.48%
NOW	B	2.82%	2.49%	2.49%
NTAP	D	0.4%	2.45%	0.4%
OKTA	F	0.34%	2.32%	0.34%
ORCL	A	4.19%	2.8%	2.8%
PANW	B	3.1%	2.3%	2.3%
PEGA	B	0.05%	2.52%	0.05%
S	C	0.18%	2.43%	0.18%
TEAM	D	0.4%	2.36%	0.4%
VRNS	B	0.17%	2.43%	0.17%
ZS	F	0.44%	2.55%	0.44%

TECB Overweight 144 Positions Relative to WFH

Symbol	Grade	Weight
AAPL	C	4.39%
NFLX	A	4.21%
NVDA	B	3.9%
AMD	C	3.78%
MRK	F	3.29%
V	B	2.76%
QCOM	D	2.7%
TXN	C	2.67%
MA	A	2.63%
ISRG	C	2.41%
REGN	D	2.04%
GILD	A	1.91%
ADI	B	1.61%
MELI	D	1.54%
INTC	D	1.43%
EQIX	C	1.3%
INTU	F	1.12%
ADSK	B	0.83%
DLR	C	0.82%
FI	A	0.67%
MCHP	F	0.59%
BAH	C	0.58%
AME	C	0.56%
HPQ	B	0.56%
PYPL	A	0.54%
SNOW	F	0.54%
IRM	B	0.53%
EBAY	A	0.5%
CPNG	C	0.45%
AKAM	D	0.43%
MSTR	B	0.41%
ANSS	D	0.4%
MRNA	F	0.4%
JNPR	C	0.36%
WDC	C	0.35%
GDDY	B	0.31%
CACI	A	0.31%
FIS	A	0.3%
MDB	D	0.3%
INCY	B	0.27%
PINS	D	0.27%
SQ	D	0.24%
PSTG	F	0.24%
NTNX	C	0.23%
COIN	F	0.22%
SRPT	F	0.21%
SAIC	A	0.2%
GPN	F	0.16%
BR	B	0.16%
TWLO	B	0.16%
SNAP	D	0.15%
CPAY	A	0.14%
EXEL	B	0.14%
QLYS	F	0.13%
TENB	D	0.13%
RVMD	B	0.11%
LUMN	C	0.1%
CGNX	F	0.1%
ETSY	F	0.1%
BPMC	F	0.1%
CVLT	B	0.1%
SSNC	C	0.1%
LSCC	D	0.1%
PARA	F	0.09%
TW	A	0.09%
BSY	D	0.09%
DBX	C	0.09%
GWRE	A	0.09%
GTLB	D	0.09%
JKHY	A	0.08%
AFRM	C	0.07%
TOST	B	0.07%
YOU	C	0.07%
CFLT	F	0.07%
ALRM	F	0.07%
ALTR	B	0.07%
MKTX	B	0.06%
ACLX	C	0.06%
RPD	D	0.06%
CALX	C	0.06%
TWST	D	0.05%
SOFI	C	0.05%
SLAB	D	0.05%
INFA	D	0.05%
WEX	C	0.05%
BILL	D	0.04%
OMF	D	0.04%
BEAM	F	0.04%
NTLA	F	0.04%
IOVA	D	0.04%
SWTX	F	0.04%
AI	D	0.04%
GERN	D	0.04%
PRGS	A	0.04%
TDC	D	0.04%
DVAX	F	0.03%
EEFT	F	0.03%
CCCS	D	0.03%
BCRX	D	0.03%
FRSH	F	0.03%
QTWO	B	0.03%
ATEN	B	0.03%
NVAX	C	0.03%
LGND	C	0.03%
ACIW	A	0.03%
FOUR	A	0.03%
FSLY	D	0.02%
NCNO	F	0.02%
VIRT	B	0.02%
BL	D	0.02%
MTTR	B	0.02%
AVPT	A	0.02%
ZUO	F	0.02%
CWAN	B	0.02%
UPST	C	0.02%
INTA	C	0.02%
SIRI	C	0.02%
APPN	C	0.02%
XNCR	D	0.02%
PTON	C	0.02%
WK	D	0.02%
DDD	D	0.01%
BMBL	F	0.01%
AVDX	F	0.01%
BASE	F	0.01%
PRLB	F	0.01%
ARCT	D	0.01%
ALKT	D	0.01%
PAYO	A	0.01%
PAR	D	0.01%
DFIN	B	0.01%
SYM	D	0.01%
MQ	F	0.01%
VMEO	C	0.01%
VIR	F	0.01%
VERX	B	0.01%
ENVA	B	0.01%
FLYW	F	0.01%
RCUS	D	0.01%
CXM	F	0.01%
LPRO	D	0.0%
WRLD	F	0.0%
RPAY	F	0.0%
DNA	F	0.0%

TECB Underweight 20 Positions Relative to WFH

Symbol	Grade	Weight
ATUS	C	-2.84%
SMAR	A	-2.74%
MOMO	B	-2.73%
AVGO	B	-2.71%
YY	C	-2.58%
IBM	A	-2.57%
DOCU	A	-2.56%
VZ	C	-2.53%
CSCO	A	-2.5%
RNG	F	-2.5%
NET	D	-2.48%
DDOG	B	-2.47%
CYBR	C	-2.44%
MRVL	C	-2.43%
SNX	C	-2.41%
ZM	B	-2.37%
NTCT	C	-2.35%
BOX	C	-2.31%
XRX	D	-2.25%
WDAY	D	-2.23%