TECL vs. ITAN ETF Comparison

Comparison of Direxion Technology Bull 3X Shares (TECL) to Sparkline Intangible Value ETF (ITAN)

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

$93.62

Average Daily Volume

1,020,329

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ITAN

Sparkline Intangible Value ETF

ITAN Description

The investment seeks long-term capital appreciation. The fund is an actively-managed exchange-traded fund (âETFâ). The fund will invest in U.S.-listed equity securities that Sparkline Capital LP (the âSub-Adviserâ) believes are attractive relative to its proprietary measure of âintangible-augmented intrinsic value.â The fundâs investments may include common stocks and Real Estate Investment Trusts (REITs). Although the fund will not concentrate its investments in a particular industry, the Sub-Adviser anticipates that fund will hold a meaningful amount of stocks in the technology, communications, healthcare, and consumer discretionary sectors.

Grade (RS Rating)

Last Trade

$32.05

Average Daily Volume

1,878

Number of Holdings ^*

151

* may have additional holdings in another (foreign) market

Performance

Period	TECL	ITAN
30 Days	4.53%	5.34%
60 Days	11.91%	7.33%
90 Days	6.58%	9.71%
12 Months	57.43%	31.35%

25 Overlapping Holdings

Symbol	Grade	Weight in TECL	Weight in ITAN	Overlap
ACN	C	1.56%	1.58%	1.56%
ADSK	A	0.46%	0.64%	0.46%
AKAM	D	0.09%	0.33%	0.09%
CRM	B	2.22%	2.09%	2.09%
CSCO	B	1.61%	1.77%	1.61%
CTSH	B	0.28%	0.77%	0.28%
DELL	C	0.27%	1.13%	0.27%
FFIV	B	0.1%	0.46%	0.1%
GLW	B	0.25%	0.6%	0.25%
HPE	B	0.19%	0.63%	0.19%
HPQ	B	0.25%	0.74%	0.25%
IBM	C	1.33%	1.76%	1.33%
INTC	D	0.74%	1.25%	0.74%
JBL	B	0.1%	0.37%	0.1%
JNPR	F	0.09%	0.4%	0.09%
NTAP	C	0.17%	0.64%	0.17%
NXPI	D	0.39%	0.67%	0.39%
ORCL	B	2.06%	2.38%	2.06%
PANW	C	0.88%	0.89%	0.88%
QCOM	F	1.26%	1.53%	1.26%
QRVO	F	0.04%	0.2%	0.04%
SWKS	F	0.09%	0.33%	0.09%
TRMB	B	0.12%	0.43%	0.12%
WDC	D	0.14%	0.55%	0.14%
ZBRA	B	0.14%	0.45%	0.14%

TECL Overweight 43 Positions Relative to ITAN

Symbol	Grade	Weight
NVDA	C	9.56%
AAPL	C	9.18%
MSFT	F	8.4%
AVGO	D	2.77%
ADBE	C	1.62%
AMD	F	1.55%
NOW	A	1.48%
INTU	C	1.35%
TXN	C	1.3%
AMAT	F	1.06%
PLTR	B	0.82%
MU	D	0.76%
ADI	D	0.73%
ANET	C	0.69%
LRCX	F	0.67%
KLAC	D	0.6%
APH	A	0.6%
SNPS	B	0.58%
MSI	B	0.57%
CDNS	B	0.57%
CRWD	B	0.55%
ROP	B	0.42%
FTNT	C	0.41%
FICO	B	0.39%
IT	C	0.29%
MCHP	D	0.24%
ANSS	B	0.21%
ON	D	0.2%
KEYS	A	0.19%
MPWR	F	0.19%
GDDY	A	0.18%
TYL	B	0.18%
CDW	F	0.17%
PTC	A	0.16%
TDY	B	0.15%
STX	D	0.14%
FSLR	F	0.14%
TER	D	0.12%
VRSN	F	0.11%
GEN	B	0.11%
EPAM	C	0.1%
ENPH	F	0.06%
SMCI	F	0.06%

TECL Underweight 126 Positions Relative to ITAN

Symbol	Grade	Weight
AMZN	C	-4.72%
META	D	-2.91%
GOOG	C	-2.11%
GOOGL	C	-2.11%
T	A	-1.63%
WFC	A	-1.56%
TMUS	B	-1.43%
VZ	C	-1.36%
PFE	D	-1.32%
DIS	B	-1.25%
RTX	C	-1.22%
HON	B	-1.21%
MDT	D	-1.15%
PYPL	B	-1.09%
COF	B	-1.08%
CMCSA	B	-1.07%
BMY	B	-1.04%
BA	F	-1.03%
GM	B	-0.97%
CVS	D	-0.96%
SQ	B	-0.94%
GILD	C	-0.9%
NOC	D	-0.88%
MMM	D	-0.88%
FDX	B	-0.86%
CMI	A	-0.85%
TGT	F	-0.83%
F	C	-0.81%
UAL	A	-0.76%
ALL	A	-0.74%
CHTR	C	-0.71%
DASH	A	-0.71%
LHX	C	-0.71%
BDX	F	-0.69%
JCI	C	-0.68%
WDAY	B	-0.67%
EBAY	D	-0.66%
GD	F	-0.64%
DAL	C	-0.61%
EXPE	B	-0.59%
CVNA	B	-0.58%
HUM	C	-0.56%
CNC	D	-0.56%
WBD	C	-0.55%
EA	A	-0.55%
PRU	A	-0.54%
CAH	B	-0.52%
DOCU	A	-0.52%
KR	B	-0.51%
VTRS	A	-0.51%
ZM	B	-0.51%
SNAP	C	-0.5%
ZS	C	-0.5%
ILMN	D	-0.5%
TWLO	A	-0.49%
NTNX	A	-0.48%
LDOS	C	-0.47%
DD	D	-0.45%
ROK	B	-0.45%
BBY	D	-0.45%
BAX	D	-0.45%
DGX	A	-0.44%
LH	C	-0.44%
IQV	D	-0.43%
OKTA	C	-0.42%
ACM	A	-0.42%
J	F	-0.41%
PSTG	D	-0.4%
BIIB	F	-0.4%
AAL	B	-0.4%
BAH	F	-0.4%
CIEN	B	-0.39%
DVA	B	-0.38%
EXAS	D	-0.38%
TPR	B	-0.38%
LMT	D	-0.38%
JLL	D	-0.37%
ROKU	D	-0.37%
DBX	B	-0.37%
LYFT	C	-0.36%
IP	B	-0.36%
EMN	D	-0.35%
CACI	D	-0.35%
NWSA	B	-0.34%
TRU	D	-0.33%
LUMN	C	-0.32%
ALLY	C	-0.32%
ACI	C	-0.31%
JAZZ	B	-0.3%
TAP	C	-0.3%
ELAN	D	-0.29%
SWK	D	-0.29%
TXT	D	-0.29%
U	C	-0.29%
PARA	C	-0.28%
ANF	C	-0.28%
ETSY	D	-0.28%
G	B	-0.28%
W	F	-0.28%
WBA	F	-0.27%
MASI	A	-0.27%
WHR	B	-0.27%
BOX	B	-0.26%
HAS	D	-0.26%
FAF	A	-0.26%
BIO	D	-0.25%
ALK	C	-0.25%
MTCH	D	-0.24%
FLS	B	-0.24%
MAT	D	-0.24%
IVZ	B	-0.24%
GAP	C	-0.23%
RIVN	F	-0.23%
NOV	C	-0.23%
UAA	C	-0.23%
PATH	C	-0.23%
DOX	D	-0.23%
ARW	D	-0.23%
RHI	B	-0.22%
BWA	D	-0.22%
HRB	D	-0.21%
AGCO	D	-0.2%
HOG	D	-0.2%
M	D	-0.16%
RUN	F	-0.14%
XRAY	F	-0.14%