WEBL vs. LSAF ETF Comparison

Comparison of Direxion Daily Dow Jones Internet Bull 3X Shares (WEBL) to LeaderShares AlphaFactor US Core Equity ETF (LSAF)

WEBL

Direxion Daily Dow Jones Internet Bull 3X Shares

WEBL Description

The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the Dow Jones Internet Composite Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. The index includes companies that generate at least 50% of their annual sales/revenue from the internet as determined by the index provider. It is non-diversified.

Grade (RS Rating)

Last Trade

$18.13

Average Daily Volume

439,934

Number of Holdings ^*

* may have additional holdings in another (foreign) market

LSAF

LeaderShares AlphaFactor US Core Equity ETF

LSAF Description

The investment seeks to provide investment results that correspond generally, before fees and expenses, to the performance of the AlphaFactor® US Core Equity Index. Under normal circumstances, at least 80% of the fund's net assets, including any borrowings for investment purposes, will be invested in a diversified portfolio of equity securities of U.S. common stocks included in the index. The index utilizes a quantitative rules-based investment methodology that applies a multi-factor ranking process and is focused on the largest 1,000 U.S. common stocks based on market capitalization.

Grade (RS Rating)

Last Trade

$41.00

Average Daily Volume

13,572

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	WEBL	LSAF
30 Days	11.08%	2.42%
60 Days	35.16%	9.52%
90 Days	-0.49%	9.20%
12 Months	93.80%	34.42%

6 Overlapping Holdings

Symbol	Grade	Weight in WEBL	Weight in LSAF	Overlap
ABNB	D	2.02%	0.78%	0.78%
BKNG	C	3.1%	0.97%	0.97%
EBAY	A	1.12%	1.08%	1.08%
GOOGL	B	3.63%	0.81%	0.81%
META	A	6.82%	1.0%	1.0%
NFLX	A	5.29%	0.95%	0.95%

WEBL Overweight 35 Positions Relative to LSAF

Symbol	Grade	Weight
AMZN	C	6.37%
CRM	B	4.6%
ANET	A	3.12%
GOOG	B	2.99%
CSCO	A	2.98%
PYPL	C	2.92%
WDAY	D	1.83%
DASH	A	1.7%
CPRT	B	1.64%
SNOW	F	1.4%
DDOG	D	1.28%
VEEV	C	1.1%
HUBS	D	0.98%
TEAM	D	0.93%
NET	D	0.91%
RBLX	C	0.86%
GDDY	D	0.78%
DKNG	D	0.71%
CVNA	A	0.7%
PINS	D	0.7%
ZM	C	0.63%
AKAM	D	0.56%
VRSN	B	0.55%
NTNX	C	0.54%
DOCU	B	0.45%
JNPR	B	0.45%
OKTA	F	0.42%
CIEN	A	0.33%
PAYC	D	0.3%
SMAR	A	0.27%
DBX	B	0.21%
MARA	F	0.19%
CFLT	F	0.18%
BOX	C	0.17%
ZI	F	0.1%

WEBL Underweight 91 Positions Relative to LSAF

Symbol	Grade	Weight
APP	A	-1.4%
VST	A	-1.22%
TOL	A	-1.19%
EXP	C	-1.18%
FFIV	B	-1.17%
UHS	D	-1.17%
PHM	A	-1.16%
ALSN	A	-1.16%
URI	C	-1.15%
MAS	A	-1.14%
THC	C	-1.13%
AFL	A	-1.12%
NVR	A	-1.12%
HCA	B	-1.12%
LEN	B	-1.11%
RTX	A	-1.09%
MTG	B	-1.08%
CAT	A	-1.08%
USFD	C	-1.08%
VRT	B	-1.07%
DVA	C	-1.06%
NRG	A	-1.06%
JBL	D	-1.06%
SAIC	A	-1.06%
AXP	A	-1.06%
WAB	A	-1.05%
SPGI	C	-1.05%
OMC	C	-1.05%
AWI	A	-1.05%
MET	A	-1.05%
GWW	A	-1.05%
HIG	A	-1.05%
CPAY	A	-1.04%
UNM	A	-1.04%
ORI	B	-1.04%
AMG	B	-1.03%
RL	B	-1.03%
LAMR	C	-1.02%
AN	C	-1.02%
UTHR	C	-1.02%
PRI	A	-1.02%
DD	B	-1.01%
DE	A	-1.0%
SPB	C	-1.0%
CSL	A	-0.99%
LDOS	A	-0.99%
AMP	A	-0.99%
PFG	C	-0.99%
AOS	B	-0.99%
SLM	C	-0.98%
OTIS	A	-0.98%
WSO	C	-0.98%
AAPL	C	-0.97%
AZO	D	-0.97%
HLT	A	-0.97%
DOV	C	-0.97%
SYF	B	-0.96%
CI	D	-0.95%
H	C	-0.95%
MUSA	D	-0.95%
EQH	C	-0.94%
SNX	C	-0.94%
LNG	A	-0.93%
KEX	C	-0.93%
MAR	B	-0.93%
V	C	-0.93%
MKL	C	-0.92%
HOOD	C	-0.91%
TXT	F	-0.91%
OC	C	-0.91%
VVV	D	-0.9%
AIG	F	-0.9%
GM	D	-0.9%
VRSK	D	-0.89%
STLD	B	-0.88%
CRUS	D	-0.87%
COTY	F	-0.87%
DECK	B	-0.87%
NUE	D	-0.86%
ADBE	F	-0.85%
MPC	F	-0.85%
PSX	D	-0.84%
PVH	F	-0.84%
CNM	F	-0.84%
FDX	D	-0.81%
COP	D	-0.81%
VLO	F	-0.79%
BBWI	F	-0.74%
MCK	F	-0.74%
LRCX	D	-0.72%
OVV	F	-0.71%