TZA vs. ANEW ETF Comparison

Comparison of Direxion Small Cap Bear 3X Shares (TZA) to ProShares MSCI Transformational Changes ETF (ANEW)

TZA

Direxion Small Cap Bear 3X Shares

TZA Description

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the Russell 2000Â® Index. The fund, under normal circumstances, creates short positions by investing at least 80% of its assets in financial instruments that, in combination, provide leveraged and unleveraged exposure to the index. The index measures the performance of the small-cap segment of the U.S. equity universe and is comprised of the smallest 2000 companies in the Russell 3000Â® Index, representing approximately 10% of the total market capitalization of that index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$13.82

Average Daily Volume

25,928,639

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ANEW

ProShares MSCI Transformational Changes ETF

ANEW Description

The investment seeks investment results, before fees and expenses, that track the performance of the MSCI Global Transformational Changes Index (the index). The fund seeks to invest substantially all of its assets in the securities included in the index. The index selects companies which may benefit from transformational changes in how people work, take care of their health, and consume and connect (Transformational Changes) - changes accelerated by COVID-19.

Grade (RS Rating)

Last Trade

$45.24

Average Daily Volume

225

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	TZA	ANEW
30 Days	-8.93%	5.73%
60 Days	-22.82%	13.29%
90 Days	-27.09%	6.38%
12 Months	-57.56%	33.89%

8 Overlapping Holdings

Symbol	Grade	Weight in TZA	Weight in ANEW	Overlap
BLKB	C	0.19%	0.19%	0.19%
FIVN	F	0.21%	0.1%	0.1%
GMED	B	0.19%	0.21%	0.19%
NEOG	F	0.17%	0.47%	0.17%
QTWO	B	0.18%	0.22%	0.18%
SLAB	D	0.24%	0.17%	0.17%
SMTC	C	0.17%	0.21%	0.17%
TNDM	D	0.18%	0.18%	0.18%

TZA Overweight 79 Positions Relative to ANEW

Symbol	Grade	Weight
NVCR	F	0.38%
TDOC	D	0.32%
GNRC	B	0.3%
LITE	A	0.28%
AMED	D	0.27%
TREX	D	0.27%
HAE	F	0.27%
ARWR	F	0.25%
POR	D	0.25%
RGEN	F	0.25%
REXR	D	0.25%
PFGC	A	0.25%
SAIC	A	0.25%
VAC	D	0.25%
FR	D	0.25%
ESNT	A	0.24%
HQY	B	0.24%
CHDN	C	0.24%
RDN	D	0.24%
EGP	D	0.24%
CHGG	F	0.24%
MSA	F	0.23%
EME	B	0.23%
TTEK	A	0.23%
ACAD	F	0.23%
DECK	B	0.23%
CRUS	D	0.23%
BKH	C	0.23%
OGS	C	0.23%
HELE	D	0.22%
BCO	C	0.22%
BXMT	C	0.22%
DAR	F	0.22%
MMS	C	0.22%
FCN	C	0.21%
VLY	C	0.21%
FFIN	D	0.21%
SR	D	0.2%
KBR	A	0.2%
SBRA	C	0.2%
ACIW	A	0.2%
AXON	A	0.2%
ALE	A	0.2%
STAG	D	0.2%
SF	A	0.2%
BPMC	F	0.19%
RHP	B	0.19%
SIGI	D	0.19%
PNM	B	0.19%
MRCY	B	0.19%
AAN	B	0.19%
SWX	C	0.19%
LPX	C	0.18%
TRNO	D	0.18%
RLI	A	0.18%
NWE	C	0.18%
HWC	D	0.18%
TXRH	A	0.18%
THC	D	0.18%
MTZ	A	0.18%
CBRL	D	0.18%
SITE	D	0.18%
VRNT	F	0.18%
NJR	C	0.18%
GBCI	B	0.18%
TGNA	B	0.18%
OMCL	C	0.17%
NHI	C	0.17%
VIAV	C	0.17%
ASGN	D	0.17%
NVRO	F	0.17%
JBT	B	0.17%
DOC	C	0.17%
CBU	D	0.17%
RH	C	0.17%
UBSI	D	0.17%
EXPO	A	0.17%
SSD	B	0.17%
BLD	D	0.17%

TZA Underweight 116 Positions Relative to ANEW

Symbol	Grade	Weight
NVDA	B	-2.42%
DASH	A	-2.36%
META	A	-2.28%
ISRG	C	-2.25%
AAPL	C	-2.2%
ABBV	C	-2.19%
BABA	A	-2.16%
MKC	C	-2.09%
BKNG	B	-2.07%
ABT	C	-2.04%
NFLX	A	-2.04%
BSX	A	-2.04%
IFF	D	-1.99%
ADBE	F	-1.99%
DE	C	-1.98%
AMZN	C	-1.94%
DHR	D	-1.93%
CTVA	A	-1.91%
MSFT	D	-1.87%
AVGO	B	-1.67%
MRK	F	-1.61%
GOOGL	B	-1.54%
BDX	C	-1.17%
FMC	C	-1.12%
CNH	C	-0.98%
AMAT	C	-0.97%
SFM	A	-0.93%
V	B	-0.92%
MA	A	-0.88%
AGCO	D	-0.83%
SE	B	-0.69%
EW	F	-0.67%
EBAY	A	-0.66%
RMD	C	-0.61%
EA	D	-0.6%
QCOM	D	-0.59%
CSCO	A	-0.59%
OMC	C	-0.58%
ORCL	A	-0.55%
TTWO	D	-0.54%
ANSS	D	-0.53%
TCOM	A	-0.51%
DKNG	C	-0.5%
ZD	D	-0.46%
SMG	C	-0.45%
SMPL	D	-0.44%
DXCM	F	-0.44%
AMD	C	-0.42%
PINS	D	-0.42%
SXT	C	-0.39%
WST	D	-0.38%
MRNA	F	-0.36%
ILMN	B	-0.36%
SNAP	D	-0.36%
DOCS	A	-0.3%
CRM	B	-0.29%
DGX	D	-0.29%
INSP	C	-0.27%
RARE	D	-0.27%
CVLT	B	-0.25%
PANW	B	-0.24%
SMAR	A	-0.24%
NTRA	A	-0.24%
PRCT	D	-0.23%
ACHC	F	-0.23%
FFIV	B	-0.23%
CHKP	A	-0.23%
VRNS	B	-0.23%
BOX	C	-0.22%
CCOI	B	-0.22%
PYPL	A	-0.22%
NOW	B	-0.22%
HPE	B	-0.21%
TMDX	D	-0.21%
CYBR	C	-0.21%
TECH	D	-0.21%
TWST	D	-0.21%
NOVT	C	-0.21%
DT	B	-0.2%
QGEN	F	-0.2%
NTAP	D	-0.2%
NET	D	-0.2%
JNPR	C	-0.2%
EQIX	C	-0.2%
DOCU	A	-0.19%
ALTR	B	-0.19%
GH	F	-0.19%
DBX	C	-0.19%
AKAM	D	-0.19%
HSIC	D	-0.19%
KTOS	B	-0.19%
HOOD	B	-0.19%
BL	D	-0.18%
MSTR	B	-0.18%
PRFT	A	-0.18%
TENB	D	-0.17%
AI	D	-0.17%
CRSP	F	-0.17%
PCTY	C	-0.17%
ENOV	F	-0.17%
WDAY	D	-0.17%
IRDM	C	-0.17%
EEFT	F	-0.16%
PCOR	D	-0.16%
NXPI	F	-0.16%
MEDP	F	-0.16%
CRWD	D	-0.15%
IDYA	F	-0.15%
MARA	F	-0.15%
NTNX	C	-0.15%
CGNX	F	-0.15%
SYNA	F	-0.15%
COIN	F	-0.14%
OKTA	F	-0.13%
RIOT	F	-0.13%
CLSK	F	-0.1%