WEBL vs. WRND ETF Comparison

Comparison of Direxion Daily Dow Jones Internet Bull 3X Shares (WEBL) to IQ Global Equity R&D Leaders ETF (WRND)

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

$26.55

Average Daily Volume

296,416

Number of Holdings ^*

* may have additional holdings in another (foreign) market

WRND

IQ Global Equity R&D Leaders ETF

WRND Description

IQ Global Equity R&D Leaders ETF is an exchange traded fund launched by New York Life Investment Management LLC. The fund is managed by IndexIQ Advisors LLC. It invests in public equity markets of global region. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the IQ Global Equity R&D Leaders Index, by using full replication technique. IQ Global Equity R&D Leaders ETF was formed on December 14, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$29.08

Average Daily Volume

1,357

Number of Holdings ^*

112

* may have additional holdings in another (foreign) market

Performance

Period	WEBL	WRND
30 Days	36.29%	-1.90%
60 Days	44.77%	-1.83%
90 Days	58.89%	-1.88%
12 Months	134.33%	18.15%

17 Overlapping Holdings

Symbol	Grade	Weight in WEBL	Weight in WRND	Overlap
ABNB	C	1.87%	0.19%	0.19%
AMZN	C	6.28%	6.24%	6.24%
CRM	B	4.93%	0.66%	0.66%
CSCO	B	2.91%	0.93%	0.93%
DASH	A	1.84%	0.14%	0.14%
DDOG	A	1.32%	0.12%	0.12%
EBAY	D	0.97%	0.16%	0.16%
GOOGL	C	3.49%	5.25%	3.49%
JNPR	F	0.4%	0.11%	0.11%
META	D	6.18%	4.08%	4.08%
NFLX	A	5.54%	0.35%	0.35%
PINS	D	0.56%	0.11%	0.11%
PYPL	B	2.78%	0.34%	0.34%
RBLX	C	0.9%	0.16%	0.16%
SNOW	C	1.43%	0.19%	0.19%
TEAM	A	1.27%	0.34%	0.34%
WDAY	B	1.8%	0.28%	0.28%

WEBL Overweight 24 Positions Relative to WRND

Symbol	Grade	Weight
BKNG	A	3.21%
GOOG	C	2.89%
ANET	C	2.78%
CPRT	A	1.6%
HUBS	A	1.14%
VEEV	C	1.07%
NET	B	0.91%
CVNA	B	0.88%
GDDY	A	0.83%
ZM	B	0.67%
DKNG	B	0.64%
NTNX	A	0.56%
DOCU	A	0.52%
VRSN	F	0.49%
AKAM	D	0.44%
OKTA	C	0.39%
PAYC	B	0.36%
CIEN	B	0.32%
SMAR	A	0.24%
CFLT	B	0.23%
DBX	B	0.21%
MARA	C	0.2%
BOX	B	0.16%
ZI	D	0.1%

WEBL Underweight 95 Positions Relative to WRND

Symbol	Grade	Weight
AAPL	C	-3.25%
MSFT	F	-2.97%
INTC	D	-1.97%
MRK	F	-1.59%
JNJ	D	-1.48%
NVDA	C	-1.34%
GM	B	-1.2%
BMY	B	-1.17%
ORCL	B	-1.05%
NVS	D	-0.96%
BABA	D	-0.95%
PFE	D	-0.94%
QCOM	F	-0.9%
F	C	-0.89%
AVGO	D	-0.86%
LLY	F	-0.85%
VRTX	F	-0.84%
TM	D	-0.74%
IBM	C	-0.71%
ABBV	D	-0.68%
TSLA	B	-0.67%
SONY	B	-0.66%
STLA	F	-0.66%
HMC	F	-0.65%
GILD	C	-0.64%
AMD	F	-0.57%
AMGN	D	-0.47%
ADBE	C	-0.39%
BIDU	F	-0.39%
SQ	B	-0.39%
MU	D	-0.38%
BA	F	-0.36%
UBER	D	-0.31%
AMAT	F	-0.3%
ABT	B	-0.3%
EA	A	-0.3%
INTU	C	-0.3%
RTX	C	-0.3%
REGN	F	-0.29%
INCY	C	-0.29%
MDT	D	-0.28%
MRNA	F	-0.27%
HPE	B	-0.27%
TCOM	B	-0.27%
NOW	A	-0.26%
CAT	B	-0.24%
NXPI	D	-0.24%
SHOP	B	-0.24%
MRVL	B	-0.24%
DE	A	-0.24%
SPOT	B	-0.22%
PANW	C	-0.22%
LI	F	-0.22%
SNPS	B	-0.22%
MELI	D	-0.21%
TXN	C	-0.21%
PG	A	-0.21%
BGNE	D	-0.2%
HPQ	B	-0.19%
CMI	A	-0.19%
WDC	D	-0.19%
NIO	F	-0.19%
HON	B	-0.18%
EXPE	B	-0.18%
GE	D	-0.18%
LRCX	F	-0.18%
RIVN	F	-0.17%
BSX	B	-0.17%
ADSK	A	-0.17%
CDNS	B	-0.17%
BIIB	F	-0.17%
ABBV	D	-0.17%
MMM	D	-0.16%
ACN	C	-0.15%
LMT	D	-0.15%
ADI	D	-0.15%
SYK	C	-0.15%
ILMN	D	-0.14%
DHR	F	-0.14%
CTVA	C	-0.14%
TMO	F	-0.12%
GLW	B	-0.12%
BDX	F	-0.12%
NOC	D	-0.12%
EW	C	-0.12%
ISRG	A	-0.12%
GEHC	F	-0.12%
NTAP	C	-0.11%
LPL	F	-0.11%
KLAC	D	-0.11%
UL	D	-0.11%
ALNY	D	-0.1%
APTV	D	-0.1%
MCHP	D	-0.09%
LCID	F	-0.07%