USMV vs. DUSL ETF Comparison

Comparison of iShares MSCI USA Minimum Volatility ETF (USMV) to Direxion Daily Industrials Bull 3X Shares (DUSL)

USMV

iShares MSCI USA Minimum Volatility ETF

USMV Description

The investment seeks the investment results of an index composed of U.S. equities that, in the aggregate, have lower volatility characteristics relative to the broader U.S. equity market. The fund generally invests at least 90% of its assets in securities of the underlying index or in depositary receipts representing securities in the underlying index. The underlying index follows a rules-based methodology to determine weights for securities in the index that seeks to minimize total risk of the MSCI USA Index. Components primarily include consumer staples, healthcare and information technology companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$87.09

Average Daily Volume

1,503,632

Number of Holdings ^*

170

* may have additional holdings in another (foreign) market

DUSL

Direxion Daily Industrials Bull 3X Shares

DUSL Description

The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the Industrials Select Sector Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments that provide daily leveraged exposure to the index and/or exchange-traded funds ("ETFs") that track the index. The index is provided by S&P Dow Jones Indices and includes domestic companies from the industrials sector which includes the following industries: aerospace and defense: industry conglomerates; and machinery. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$52.78

Average Daily Volume

24,629

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	USMV	DUSL
30 Days	3.65%	8.71%
60 Days	5.56%	2.57%
90 Days	7.76%	3.04%
12 Months	18.33%	32.23%

13 Overlapping Holdings

Symbol	Grade	Weight in USMV	Weight in DUSL	Overlap
ADP	A	1.0%	2.05%	1.0%
BR	A	1.0%	0.49%	0.49%
GD	C	1.0%	1.33%	1.0%
HON	D	1.0%	2.84%	1.0%
LMT	A	1.0%	2.06%	1.0%
NOC	A	1.0%	1.24%	1.0%
OTIS	D	1.0%	0.8%	0.8%
ROL	C	1.0%	0.28%	0.28%
RSG	B	1.0%	0.85%	0.85%
RTX	A	1.0%	2.78%	1.0%
UBER	F	1.0%	2.86%	1.0%
VRSK	C	1.0%	0.8%	0.8%
WM	C	1.0%	1.65%	1.0%

USMV Overweight 157 Positions Relative to DUSL

Symbol	Grade	Weight
CRM	C	1.0%
ULTA	F	1.0%
ATO	A	1.0%
CVS	C	1.0%
VLO	B	1.0%
KNX	B	1.0%
PSX	C	1.0%
FSLR	D	1.0%
TEL	C	1.0%
ABT	B	1.0%
LNT	A	1.0%
DELL	D	1.0%
DGX	A	1.0%
KO	A	1.0%
HIG	A	1.0%
AMZN	D	1.0%
CRWD	F	1.0%
MDT	C	1.0%
UTHR	B	1.0%
OXY	F	1.0%
CDNS	F	1.0%
MELI	D	1.0%
GOOG	D	1.0%
EOG	C	1.0%
TW	A	1.0%
STX	C	1.0%
LIN	B	1.0%
PKG	A	1.0%
HOLX	A	1.0%
HUBS	F	1.0%
AZPN	F	1.0%
SNPS	F	1.0%
DPZ	D	1.0%
CMS	A	1.0%
DTE	A	1.0%
AEE	A	1.0%
D	A	1.0%
KMB	B	1.0%
ALNY	A	1.0%
NTAP	C	1.0%
HRL	B	1.0%
WMB	B	1.0%
MOH	C	1.0%
CI	C	1.0%
ANET	C	1.0%
ADI	D	1.0%
PFE	B	1.0%
AIZ	B	1.0%
GLW	C	1.0%
HD	C	1.0%
ICE	A	1.0%
L	B	1.0%
GRMN	B	1.0%
WRB	B	1.0%
BMRN	C	1.0%
GEN	B	1.0%
FWONK	B	1.0%
AFG	B	1.0%
IT	A	1.0%
MKL	C	1.0%
HSY	B	1.0%
CVX	C	1.0%
WTW	A	1.0%
CHD	D	1.0%
CTVA	C	1.0%
CPB	A	1.0%
CMCSA	C	1.0%
WDAY	D	1.0%
NBIX	A	1.0%
XEL	B	1.0%
BAH	D	1.0%
AEP	A	1.0%
FICO	B	1.0%
BMY	B	1.0%
KHC	B	1.0%
TJX	A	1.0%
CL	A	1.0%
ERIE	A	1.0%
AKAM	C	1.0%
XOM	B	1.0%
EG	D	1.0%
CME	F	1.0%
AON	B	1.0%
MDLZ	C	1.0%
FFIV	B	1.0%
NVDA	D	1.0%
CDW	D	1.0%
PTC	D	1.0%
JNPR	A	1.0%
KEYS	F	1.0%
YUM	C	1.0%
INCY	C	1.0%
NEM	A	1.0%
TDY	B	1.0%
FI	A	1.0%
KR	B	1.0%
K	A	1.0%
HUM	D	1.0%
NOW	B	1.0%
MA	C	1.0%
FANG	C	1.0%
BDX	C	1.0%
MPC	C	1.0%
T	A	1.0%
COR	A	1.0%
ORLY	A	1.0%
KDP	A	1.0%
VRSN	C	1.0%
WEC	A	1.0%
TSN	A	1.0%
ACGL	D	1.0%
AMGN	B	1.0%
ELV	C	1.0%
GIS	B	1.0%
CTSH	B	1.0%
V	D	1.0%
GDDY	C	1.0%
VRTX	A	1.0%
CBOE	B	1.0%
EA	B	1.0%
GILD	B	1.0%
FCNCA	B	1.0%
REGN	A	1.0%
ORCL	B	1.0%
AAPL	C	1.0%
TRV	B	1.0%
AZO	B	1.0%
AVGO	D	1.0%
MMC	A	1.0%
PEP	B	1.0%
MCD	C	1.0%
ED	A	1.0%
PG	B	1.0%
ABBV	A	1.0%
ACN	C	1.0%
MRK	F	1.0%
AJG	A	1.0%
CSCO	C	1.0%
JNJ	B	1.0%
APH	D	1.0%
SO	A	1.0%
VZ	C	1.0%
ROP	D	1.0%
UNH	A	1.0%
MCK	A	1.0%
LLY	D	1.0%
MSFT	D	1.0%
TXN	C	1.0%
PGR	B	1.0%
WMT	B	1.0%
CB	A	1.0%
DUK	A	1.0%
BRK.A	C	1.0%
TMUS	A	1.0%
WCN	A	1.0%
MSI	A	1.0%
IBM	B	1.0%

USMV Underweight 65 Positions Relative to DUSL

Symbol	Grade	Weight
GE	B	-3.54%
CAT	C	-3.46%
UNP	B	-3.01%
ETN	D	-2.53%
UPS	F	-2.15%
BA	D	-2.11%
DE	F	-1.99%
TT	B	-1.52%
PH	B	-1.42%
FDX	B	-1.41%
TDG	D	-1.41%
CSX	B	-1.38%
EMR	B	-1.35%
ITW	C	-1.34%
CTAS	A	-1.33%
MMM	A	-1.17%
PCAR	F	-1.15%
CARR	B	-1.13%
NSC	B	-1.05%
URI	C	-0.97%
JCI	C	-0.94%
CPRT	D	-0.92%
LHX	B	-0.91%
GEV	C	-0.91%
GWW	C	-0.84%
CMI	B	-0.81%
AME	D	-0.8%
PAYX	A	-0.8%
FAST	C	-0.79%
IR	C	-0.79%
PWR	D	-0.77%
ODFL	B	-0.71%
XYL	D	-0.68%
EFX	A	-0.65%
ROK	D	-0.63%
HWM	A	-0.61%
DAL	F	-0.6%
WAB	D	-0.59%
FTV	F	-0.54%
DOV	C	-0.51%
VLTO	A	-0.44%
AXON	C	-0.44%
LDOS	C	-0.41%
HUBB	C	-0.4%
BLDR	C	-0.39%
J	B	-0.38%
TXT	B	-0.35%
EXPD	A	-0.34%
MAS	B	-0.33%
LUV	F	-0.33%
UAL	F	-0.32%
IEX	D	-0.31%
SNA	B	-0.29%
PNR	B	-0.27%
SWK	B	-0.27%
JBHT	C	-0.27%
NDSN	C	-0.26%
AOS	C	-0.22%
ALLE	B	-0.22%
HII	C	-0.21%
CHRW	A	-0.21%
GNRC	C	-0.19%
DAY	C	-0.17%
PAYC	C	-0.15%
AAL	F	-0.14%