TZA vs. QVMS ETF Comparison

Comparison of Direxion Small Cap Bear 3X Shares (TZA) to Invesco S&P SmallCap 600 QVM Multi-factor ETF (QVMS)
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 2000® 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 3000® Index, representing approximately 10% of the total market capitalization of that index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$14.04

Average Daily Volume

27,128,605

Number of Holdings *

87

* may have additional holdings in another (foreign) market
QVMS

Invesco S&P SmallCap 600 QVM Multi-factor ETF

QVMS Description The investment seeks to track the investment results of the S&P SmallCap 600 ® Quality, Value & Momentum Top 90% Multi- Factor Index (the “underlying index”). The fund will invest at least 90% of its total assets in the securities that comprise the index. S&P Dow Jones Indices LLC compiles, maintains and calculates the index, designed to track the performance of a subset of securities from the S&P SmallCap 600 ® Index that exhibit the investment style criteria of quality, value and momentum. The index is composed of securities with multi-factor scores representing the top 90% of the parent index, as determined by the index provider. It is non-diversified.

Grade (RS Rating)

Last Trade

$27.06

Average Daily Volume

606

Number of Holdings *

514

* may have additional holdings in another (foreign) market
Performance
Period TZA QVMS
30 Days -6.28% 1.81%
60 Days -6.40% 2.09%
90 Days -27.23% 10.45%
12 Months -49.77% 22.39%
9 Overlapping Holdings
Symbol Grade Weight in TZA Weight in QVMS Overlap
ACIW B 0.2% 0.47% 0.2%
BXMT C 0.22% 0.29% 0.22%
CBRL D 0.18% 0.07% 0.07%
CBU C 0.17% 0.28% 0.17%
JBT D 0.17% 0.24% 0.17%
MRCY C 0.19% 0.17% 0.17%
OMCL C 0.17% 0.2% 0.17%
RDN B 0.24% 0.47% 0.24%
VIAV D 0.17% 0.17% 0.17%
TZA Overweight 78 Positions Relative to QVMS
Symbol Grade Weight
NVCR D 0.38%
TDOC D 0.32%
GNRC D 0.3%
LITE B 0.28%
AMED C 0.27%
TREX F 0.27%
HAE D 0.27%
ARWR F 0.25%
POR B 0.25%
RGEN F 0.25%
REXR C 0.25%
PFGC B 0.25%
SAIC C 0.25%
VAC F 0.25%
FR C 0.25%
ESNT B 0.24%
HQY C 0.24%
CHDN C 0.24%
SLAB D 0.24%
EGP B 0.24%
CHGG F 0.24%
MSA C 0.23%
EME B 0.23%
TTEK C 0.23%
ACAD F 0.23%
DECK C 0.23%
CRUS D 0.23%
BKH B 0.23%
OGS B 0.23%
HELE D 0.22%
BCO B 0.22%
DAR F 0.22%
MMS D 0.22%
FIVN F 0.21%
FCN C 0.21%
VLY C 0.21%
FFIN B 0.21%
SR B 0.2%
KBR D 0.2%
SBRA B 0.2%
AXON B 0.2%
ALE A 0.2%
STAG C 0.2%
SF A 0.2%
BPMC D 0.19%
RHP D 0.19%
BLKB B 0.19%
SIGI C 0.19%
GMED D 0.19%
PNM B 0.19%
AAN C 0.19%
SWX C 0.19%
LPX B 0.18%
TRNO C 0.18%
RLI B 0.18%
NWE A 0.18%
HWC D 0.18%
TXRH D 0.18%
THC B 0.18%
MTZ B 0.18%
QTWO B 0.18%
TNDM C 0.18%
SITE D 0.18%
VRNT F 0.18%
NJR B 0.18%
GBCI B 0.18%
TGNA C 0.18%
NHI A 0.17%
ASGN D 0.17%
NVRO F 0.17%
SMTC C 0.17%
DOC C 0.17%
NEOG C 0.17%
RH B 0.17%
UBSI B 0.17%
EXPO B 0.17%
SSD C 0.17%
BLD D 0.17%
TZA Underweight 505 Positions Relative to QVMS
Symbol Grade Weight
ENSG C -0.76%
ATI C -0.74%
MLI B -0.72%
FN D -0.71%
MTH B -0.65%
CRS B -0.63%
SPSC D -0.62%
GKOS D -0.55%
BMI B -0.54%
LUMN C -0.52%
JXN B -0.52%
COOP B -0.51%
NSIT C -0.49%
AWI B -0.49%
MOG.A B -0.49%
MMSI B -0.49%
FSS D -0.49%
BCPC C -0.48%
DY B -0.48%
OGN D -0.47%
LNC D -0.46%
BCC C -0.45%
ALK C -0.45%
EPRT A -0.44%
AVAV D -0.43%
IBP C -0.42%
SM D -0.42%
MATX C -0.42%
MGY C -0.41%
GPI B -0.41%
VRRM D -0.41%
PECO B -0.41%
ABG F -0.4%
ASO C -0.4%
MC B -0.4%
ITRI C -0.4%
AL D -0.4%
ACA C -0.39%
FUL D -0.39%
ALKS C -0.38%
ITGR B -0.38%
MHO B -0.38%
AGO C -0.38%
BOOT B -0.37%
TPH C -0.37%
SLG B -0.37%
PIPR B -0.36%
CTRE B -0.36%
RDNT B -0.35%
HASI B -0.35%
ABCB B -0.35%
SFBS B -0.34%
AEO D -0.34%
KTB B -0.34%
BGC B -0.34%
KFY B -0.34%
FTDR B -0.34%
SHAK C -0.34%
FELE C -0.34%
PLXS B -0.33%
SEM D -0.33%
SANM D -0.33%
AEIS D -0.32%
MAC B -0.32%
IAC C -0.32%
IIPR B -0.32%
WD B -0.31%
WDFC B -0.31%
PBH B -0.31%
HIW B -0.31%
UCBI B -0.31%
SIG C -0.31%
HP D -0.3%
MGEE B -0.3%
SKT B -0.3%
CWEN B -0.3%
NOG D -0.3%
BRC B -0.3%
GMS C -0.3%
ENV C -0.3%
MARA F -0.3%
FBP C -0.3%
AUB C -0.3%
GVA B -0.29%
SMPL D -0.29%
MPW C -0.29%
CCOI C -0.29%
CWT C -0.29%
EAT B -0.29%
NMIH B -0.29%
OTTR D -0.29%
FULT C -0.29%
FORM F -0.29%
IDCC B -0.29%
LBRT D -0.28%
LRN B -0.28%
AVA B -0.28%
CVCO B -0.28%
DXC C -0.28%
AX D -0.28%
SHOO B -0.28%
AWR B -0.28%
DORM B -0.28%
SXT C -0.28%
ICUI B -0.28%
NPO C -0.28%
APLE D -0.27%
LCII C -0.27%
CORT B -0.27%
WSFS C -0.27%
GNW B -0.27%
ESE B -0.27%
RUSHA C -0.27%
CRC C -0.27%
CATY B -0.27%
ABM D -0.26%
PATK B -0.26%
HCC F -0.26%
SKYW C -0.26%
RXO D -0.26%
CNK B -0.26%
FHB C -0.26%
NWL D -0.26%
APAM C -0.26%
CALM B -0.26%
HUBG C -0.25%
IOSP D -0.25%
ACLS F -0.25%
AROC C -0.25%
CCS B -0.25%
ATGE D -0.25%
CPK B -0.25%
DEI B -0.25%
LXP B -0.25%
UNF B -0.25%
ALRM F -0.25%
DIOD F -0.25%
REZI D -0.25%
PRFT A -0.24%
SFNC B -0.24%
INDB C -0.24%
SLVM B -0.24%
PTEN F -0.24%
AIN D -0.24%
TRN C -0.24%
FCPT A -0.24%
SATS B -0.24%
CRVL B -0.24%
PJT B -0.24%
PRGS C -0.23%
BOH C -0.23%
ABR B -0.23%
TBBK B -0.23%
CEIX D -0.23%
BL D -0.23%
CWK B -0.23%
BKU C -0.23%
AMR F -0.22%
JJSF C -0.22%
PFS B -0.22%
HNI B -0.22%
OII D -0.22%
DV F -0.22%
GFF C -0.22%
FFBC C -0.22%
BTU D -0.22%
UE B -0.22%
WAFD B -0.22%
ARCH F -0.22%
AAP F -0.22%
CPRX B -0.21%
AZZ C -0.21%
PPBI D -0.21%
PLUS B -0.21%
AKR C -0.21%
PRK C -0.21%
CNMD D -0.21%
SITM B -0.21%
MTX D -0.21%
PINC C -0.21%
EPAC B -0.2%
TDS C -0.2%
PSMT B -0.2%
VSTO B -0.2%
HBI B -0.2%
GSHD B -0.2%
MTRN D -0.2%
KLIC D -0.2%
SNEX C -0.2%
EVTC D -0.2%
ARCB D -0.2%
CNS B -0.2%
ENVA C -0.2%
YELP F -0.2%
CVBF C -0.2%
MYGN B -0.2%
CENTA D -0.2%
SBCF C -0.2%
OSIS C -0.2%
AIR C -0.2%
PLMR B -0.2%
KWR D -0.2%
PHIN B -0.2%
VCEL D -0.2%
IBTX B -0.19%
PRG B -0.19%
JOE C -0.19%
KSS F -0.19%
VSCO C -0.19%
NBTB D -0.19%
THS C -0.19%
UFPT C -0.19%
AGYS D -0.19%
CARG B -0.19%
ROCK D -0.19%
ASTH B -0.19%
LGIH C -0.19%
HWKN B -0.19%
FL D -0.19%
IPAR D -0.19%
VSTS D -0.18%
SXI C -0.18%
OI D -0.18%
HI F -0.18%
TRMK C -0.18%
STC B -0.18%
ADUS B -0.18%
NEO C -0.18%
KMT B -0.18%
CXW F -0.18%
STRA D -0.18%
OFG C -0.18%
SHO D -0.18%
MLKN D -0.18%
JBLU D -0.17%
PDCO F -0.17%
RNST D -0.17%
URBN D -0.17%
FTRE F -0.17%
PRVA D -0.17%
ALG D -0.17%
HAYW C -0.17%
BANR B -0.17%
ENR F -0.17%
ROIC B -0.17%
WGO D -0.16%
LMAT B -0.16%
TNC D -0.16%
KAR D -0.16%
FBNC B -0.16%
GEO F -0.16%
B D -0.16%
AMPH C -0.16%
DRH C -0.16%
GRBK B -0.16%
SJW C -0.16%
LGND C -0.16%
TTMI D -0.16%
LZB C -0.16%
EPC F -0.16%
CAKE C -0.15%
ROG D -0.15%
TRUP C -0.15%
MCY C -0.15%
RAMP F -0.15%
MYRG F -0.15%
TALO F -0.15%
NWBI C -0.15%
HLIT C -0.15%
NHC D -0.15%
DFIN B -0.15%
CHCO B -0.15%
AMN F -0.15%
FCF C -0.15%
SUPN C -0.15%
NBHC C -0.14%
STAA F -0.14%
PEB D -0.14%
THRM D -0.14%
BHE C -0.14%
GBX C -0.14%
VECO F -0.14%
SCL D -0.14%
BANF B -0.14%
CABO F -0.14%
LTC B -0.14%
POWL C -0.14%
BLMN F -0.14%
FBK B -0.14%
GTY B -0.14%
STBA B -0.14%
CASH B -0.14%
LKFN C -0.14%
TRIP F -0.13%
APOG B -0.13%
ALEX B -0.13%
WOR F -0.13%
GIII C -0.13%
UCTT F -0.13%
CTS D -0.13%
PRDO D -0.13%
KN D -0.13%
HTH C -0.13%
PLAB F -0.13%
HOPE B -0.13%
NWN B -0.13%
JBGS B -0.13%
NTCT D -0.13%
ANDE D -0.13%
SPNT C -0.12%
DNOW D -0.12%
VBTX B -0.12%
MODG F -0.12%
MGPI C -0.12%
USPH D -0.12%
ARI F -0.12%
VSAT F -0.12%
OXM D -0.12%
WABC D -0.12%
CSGS C -0.12%
HMN C -0.12%
LPG F -0.12%
SONO F -0.12%
CUBI F -0.12%
VRTS D -0.12%
HLX D -0.12%
SBH B -0.12%
XHR C -0.12%
XNCR C -0.12%
AMWD C -0.12%
CHEF C -0.12%
DVAX D -0.12%
PMT B -0.11%
EIG B -0.11%
HRMY B -0.11%
SAFT C -0.11%
COLL B -0.11%
RC D -0.11%
DEA B -0.11%
NAVI C -0.11%
DAN F -0.11%
LNN C -0.11%
CAL F -0.11%
KLG C -0.11%
UVV D -0.11%
CERT F -0.11%
BKE B -0.11%
AAT B -0.11%
AVNS B -0.1%
WWW B -0.1%
INVA B -0.1%
CXM F -0.1%
PARR F -0.1%
ARLO F -0.1%
CSR B -0.1%
XRX F -0.1%
COHU F -0.1%
TILE B -0.1%
BHLB C -0.1%
KALU F -0.1%
OMI D -0.1%
NVEE F -0.1%
SCSC D -0.1%
NX D -0.09%
MRTN D -0.09%
ATEN C -0.09%
FDP B -0.09%
UTL B -0.09%
PFBC C -0.09%
MCRI B -0.09%
DGII D -0.09%
FIZZ D -0.09%
NXRT B -0.09%
QNST B -0.09%
PLAY F -0.09%
WS C -0.09%
CARS D -0.09%
MXL F -0.09%
EFC B -0.09%
EYE F -0.08%
JBSS D -0.08%
VTOL D -0.08%
XPEL D -0.08%
RCUS D -0.08%
BDN B -0.08%
BRKL C -0.08%
CRK D -0.08%
MD C -0.08%
SGH F -0.08%
AMSF C -0.08%
WNC F -0.08%
MMI C -0.08%
EXPI C -0.08%
ODP F -0.08%
SBSI B -0.08%
RWT B -0.08%
MATV B -0.08%
MATW F -0.07%
PRLB D -0.07%
RGR F -0.07%
HAIN D -0.07%
UNFI C -0.07%
AOSL D -0.07%
AHCO B -0.07%
HAYN D -0.07%
SAH D -0.07%
HFWA C -0.07%
CLB D -0.07%
SVC F -0.07%
CENX D -0.07%
NABL D -0.07%
HCSG C -0.07%
KOP F -0.07%
FWRD C -0.07%
VICR F -0.07%
AHH B -0.07%
SSTK F -0.07%
BLFS D -0.07%
SHEN F -0.07%
ICHR F -0.07%
CNXN B -0.07%
ANIP D -0.07%
NVRI D -0.07%
GPRE F -0.07%
DLX D -0.07%
DCOM B -0.07%
PRAA D -0.07%
SCHL D -0.07%
HPP D -0.06%
SMP C -0.06%
TRST C -0.06%
PUMP F -0.06%
IIIN D -0.06%
CHUY B -0.06%
PCRX F -0.06%
NBR F -0.06%
CVI F -0.06%
HCI C -0.06%
DXPE C -0.06%
HSTM C -0.06%
AMBC F -0.06%
EGBN C -0.06%
BJRI D -0.06%
VVI C -0.06%
BGS D -0.06%
AXL F -0.06%
KELYA D -0.06%
GDEN D -0.06%
ETH D -0.06%
CFFN C -0.06%
REX D -0.06%
MNRO D -0.06%
INN C -0.06%
ASIX C -0.06%
ASTE F -0.06%
CPF B -0.06%
SXC F -0.06%
PRA C -0.06%
KREF B -0.06%
TMP C -0.06%
SCVL B -0.06%
SPTN C -0.06%
HSII C -0.06%
MYE D -0.05%
BFS C -0.05%
RES D -0.05%
SLP F -0.05%
CVGW C -0.05%
HZO C -0.05%
HTLD D -0.05%
GES F -0.05%
CEVA C -0.05%
UHT B -0.05%
MCW F -0.05%
HAFC C -0.05%
RGNX D -0.05%
THRY D -0.05%
EZPW D -0.05%
TR C -0.05%
ALGT F -0.05%
WSR D -0.05%
MLAB C -0.05%
MTUS F -0.05%
ZEUS F -0.04%
PAHC B -0.04%
USNA F -0.04%
SNCY D -0.04%
UFCS D -0.04%
TWI D -0.04%
FLGT D -0.04%
VREX F -0.04%
CCRN F -0.04%
CLW F -0.04%
GDOT C -0.04%
LQDT B -0.04%
MERC F -0.03%
DBI F -0.03%
MOV F -0.03%
HVT D -0.03%
WRLD D -0.03%
NUS F -0.03%
CHCT F -0.03%
NPK C -0.03%
CRSR F -0.02%
AMCX F -0.02%
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