WFH vs. ECNS ETF Comparison

Comparison of Direxion Work From Home ETF (WFH) to iShares MSCI China Small-Cap ETF (ECNS)

WFH

Direxion Work From Home ETF

WFH Description

The Direxion Work From Home ETF offers exposure to companies across four technology pillars, allowing investors to gain exposure to those companies that stand to benefit from an increasingly flexible work environment. The four pillars include Cloud Technologies, Cybersecurity, Online Project and Document Management, and Remote Communications. Companies are selected for inclusion in the index by ARTIS, a proprietary natural language processing algorithm, which uses key words to evaluate large volumes of publicly available information, such as annual reports, business descriptions and financial news.

Grade (RS Rating)

Last Trade

$55.60

Average Daily Volume

1,415

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ECNS

iShares MSCI China Small-Cap ETF

ECNS Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI China Small Cap Index. The fund will at all times invest at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The underlying index is a free float-adjusted market capitalization-weighted index designed to measure the performance of equity securities in the bottom 14% by market capitalization of the Chinese equity securities markets, as represented by the H-Shares and B-Shares markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$24.32

Average Daily Volume

15,528

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	WFH	ECNS
30 Days	5.86%	-3.31%
60 Days	4.56%	-4.65%
90 Days	-0.10%	3.17%
12 Months	12.75%	-13.15%

2 Overlapping Holdings

	Symbol	Grade	Weight in WFH	Weight in ECNS	Overlap
	MOMO	B	2.36%	0.74%	0.74%
	YY	D	2.38%	0.97%	0.97%

WFH Overweight 37 Positions Relative to ECNS

Symbol	Grade	Weight
GOOGL	A	3.51%
AVGO	B	3.36%
ORCL	A	3.33%
SNX	D	3.25%
NTAP	A	3.19%
CRWD	A	3.04%
PANW	B	2.92%
MSFT	A	2.9%
AMZN	A	2.81%
META	B	2.65%
VZ	B	2.64%
DOCU	D	2.61%
SMAR	B	2.61%
CYBR	B	2.6%
NOW	B	2.59%
ADBE	B	2.52%
CSCO	D	2.49%
HUBS	D	2.39%
PEGA	D	2.38%
MRVL	C	2.36%
IBM	B	2.32%
ZS	B	2.31%
ZM	D	2.3%
NTCT	D	2.26%
DOCN	D	2.26%
RNG	D	2.25%
BOX	D	2.24%
ATUS	D	2.13%
FTNT	D	2.13%
WDAY	D	2.11%
NET	B	2.11%
CRM	C	2.09%
XRX	F	2.09%
OKTA	C	2.08%
TEAM	D	2.08%
EGHT	F	1.91%
S	D	1.76%

WFH Underweight 15 Positions Relative to ECNS

Symbol	Grade	Weight
GDS	B	-1.06%
RLX	F	-1.02%
DQ	F	-0.62%
WB	D	-0.61%
JKS	D	-0.6%
FINV	C	-0.56%
LU	B	-0.39%
TIGR	B	-0.37%
NOAH	F	-0.35%
TUYA	F	-0.33%
HUYA	C	-0.28%
VNET	C	-0.2%
GOTU	D	-0.2%
DADA	F	-0.11%
TME	B	-0.0%