TECL vs. FDLO ETF Comparison

Comparison of Direxion Technology Bull 3X Shares (TECL) to Fidelity Low Volatility Factor ETF (FDLO)

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

$87.77

Average Daily Volume

1,051,788

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FDLO

Fidelity Low Volatility Factor ETF

FDLO Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Low Volatility Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Low Volatility Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with lower volatility than the broader market.

Grade (RS Rating)

Last Trade

$61.11

Average Daily Volume

75,235

Number of Holdings ^*

125

* may have additional holdings in another (foreign) market

Performance

Period	TECL	FDLO
30 Days	5.59%	-0.05%
60 Days	16.49%	2.36%
90 Days	11.65%	5.12%
12 Months	66.48%	22.90%

12 Overlapping Holdings

Symbol	Grade	Weight in TECL	Weight in FDLO	Overlap
AAPL	C	8.82%	7.22%	7.22%
ACN	B	1.5%	1.6%	1.5%
AKAM	F	0.11%	1.21%	0.11%
CSCO	A	1.56%	1.75%	1.56%
IBM	D	1.31%	1.58%	1.31%
MSFT	C	8.06%	6.98%	6.98%
MSI	B	0.52%	1.41%	0.52%
ORCL	A	1.98%	2.01%	1.98%
ROP	A	0.41%	1.24%	0.41%
TXN	B	1.32%	1.58%	1.32%
TYL	B	0.17%	1.21%	0.17%
VRSN	C	0.1%	1.09%	0.1%

TECL Overweight 56 Positions Relative to FDLO

Symbol	Grade	Weight
NVDA	A	9.34%
AVGO	C	2.88%
CRM	B	2.0%
AMD	F	1.61%
ADBE	C	1.48%
NOW	A	1.39%
QCOM	F	1.28%
INTU	A	1.25%
AMAT	F	1.07%
MU	D	0.84%
PANW	B	0.83%
PLTR	B	0.75%
ADI	D	0.75%
ANET	C	0.74%
INTC	C	0.74%
LRCX	F	0.69%
KLAC	F	0.61%
APH	B	0.59%
SNPS	C	0.58%
CDNS	B	0.55%
CRWD	B	0.51%
ADSK	B	0.44%
NXPI	F	0.4%
FTNT	B	0.35%
FICO	B	0.35%
IT	B	0.28%
MCHP	F	0.27%
CTSH	A	0.27%
DELL	C	0.26%
GLW	B	0.25%
MPWR	F	0.25%
HPQ	B	0.24%
ON	F	0.21%
ANSS	B	0.21%
HPE	B	0.19%
KEYS	C	0.19%
CDW	F	0.18%
GDDY	B	0.17%
NTAP	D	0.17%
STX	D	0.15%
TDY	B	0.15%
PTC	B	0.15%
WDC	D	0.15%
ZBRA	B	0.14%
FSLR	F	0.14%
TRMB	B	0.12%
TER	F	0.12%
GEN	B	0.11%
SWKS	F	0.1%
JBL	C	0.1%
SMCI	F	0.09%
JNPR	D	0.09%
EPAM	B	0.09%
FFIV	B	0.09%
ENPH	F	0.06%
QRVO	F	0.05%

TECL Underweight 113 Positions Relative to FDLO

Symbol	Grade	Weight
GOOGL	C	-4.25%
AMZN	A	-4.0%
BRK.A	B	-2.04%
JPM	A	-1.79%
LLY	F	-1.65%
UNH	B	-1.55%
V	A	-1.43%
MA	B	-1.31%
ABBV	F	-1.18%
JNJ	D	-1.18%
DOX	C	-1.17%
XOM	B	-1.17%
HD	B	-1.14%
CMCSA	B	-0.96%
T	A	-0.95%
TMUS	A	-0.94%
WMT	A	-0.93%
PG	C	-0.93%
MRK	F	-0.91%
VZ	D	-0.89%
ABT	C	-0.88%
PGR	A	-0.83%
TMO	F	-0.83%
MCD	C	-0.8%
AMGN	F	-0.79%
VRTX	B	-0.73%
ETN	B	-0.71%
EA	A	-0.7%
LOW	B	-0.69%
CB	C	-0.68%
KO	F	-0.67%
MMC	D	-0.67%
SBUX	B	-0.67%
CME	B	-0.67%
CVX	A	-0.66%
TRV	B	-0.66%
ADP	A	-0.66%
HON	B	-0.65%
UNP	D	-0.64%
PEP	D	-0.63%
TJX	A	-0.62%
AJG	A	-0.59%
LMT	D	-0.59%
PM	B	-0.59%
BDX	F	-0.59%
AIZ	A	-0.57%
FDS	A	-0.57%
NKE	F	-0.55%
ITW	B	-0.55%
CBOE	D	-0.54%
WRB	B	-0.54%
FAST	B	-0.54%
LIN	D	-0.54%
WM	A	-0.54%
REGN	F	-0.53%
JKHY	C	-0.52%
NOC	D	-0.52%
ORLY	A	-0.52%
GRMN	A	-0.51%
GD	C	-0.51%
PAYX	B	-0.51%
LHX	B	-0.5%
BAH	C	-0.49%
RSG	B	-0.47%
AZO	B	-0.47%
ERIE	F	-0.47%
OTIS	D	-0.47%
TSCO	D	-0.47%
J	D	-0.4%
COP	C	-0.4%
MDLZ	F	-0.38%
FCN	F	-0.36%
SO	D	-0.36%
DUK	D	-0.35%
CL	F	-0.34%
WMB	B	-0.32%
SHW	A	-0.3%
EQIX	B	-0.3%
HII	F	-0.29%
KMI	B	-0.29%
KMB	D	-0.29%
EOG	A	-0.29%
GIS	F	-0.28%
XEL	A	-0.28%
AMT	F	-0.28%
AEP	D	-0.27%
WEC	B	-0.26%
DLR	C	-0.26%
LNG	B	-0.26%
APD	B	-0.26%
ED	D	-0.25%
HSY	F	-0.24%
PSA	D	-0.24%
ECL	C	-0.24%
AEE	B	-0.24%
CMS	D	-0.23%
O	D	-0.22%
DTM	A	-0.22%
CTVA	C	-0.21%
MLM	B	-0.2%
VMC	B	-0.2%
CCI	F	-0.2%
CSGP	F	-0.19%
PKG	B	-0.19%
EQR	C	-0.18%
CTRA	B	-0.18%
ATR	A	-0.17%
MAA	C	-0.17%
AMCR	D	-0.15%
ADC	A	-0.15%
AVY	F	-0.15%
AMH	C	-0.15%
ELS	B	-0.15%