WFH vs. KWEB ETF Comparison

Comparison of Direxion Work From Home ETF (WFH) to KraneShares CSI China Internet ETF (KWEB)

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

$59.92

Average Daily Volume

1,002

Number of Holdings ^*

* may have additional holdings in another (foreign) market

KWEB

KraneShares CSI China Internet ETF

KWEB Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of a specific foreign equity securities benchmark. The fund will normally invest at least 80% of its total assets in equity securities of its current benchmark, the CSI Overseas China Internet Index or in depositary receipts representing securities of the underlying index. The underlying index is designed to measure the performance of the investable universe of publicly traded China-based companies whose primary business or businesses are in the Internet and Internet-related sectors. It is non-diversified.

Grade (RS Rating)

Last Trade

$32.16

Average Daily Volume

27,830,621

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	WFH	KWEB
30 Days	3.70%	-16.21%
60 Days	5.59%	25.18%
90 Days	14.38%	25.48%
12 Months	29.42%	24.28%

1 Overlapping Holdings

	Symbol	Grade	Weight in WFH	Weight in KWEB	Overlap
	YY	D	2.26%	0.68%	0.68%

WFH Overweight 39 Positions Relative to KWEB

Symbol	Grade	Weight
ORCL	B	2.84%
ATUS	A	2.83%
RNG	A	2.79%
PEGA	A	2.76%
DOCU	A	2.75%
CRM	A	2.74%
SMAR	A	2.73%
CRWD	C	2.72%
ZS	C	2.72%
DDOG	B	2.7%
TEAM	A	2.69%
MRVL	A	2.68%
NET	B	2.64%
META	B	2.64%
AVGO	B	2.63%
S	B	2.62%
NOW	A	2.61%
MOMO	A	2.61%
DOCN	B	2.61%
HUBS	B	2.6%
CSCO	B	2.56%
AMZN	A	2.55%
GOOGL	A	2.55%
ZM	A	2.51%
MSFT	D	2.42%
PANW	B	2.38%
SNX	C	2.36%
FTNT	B	2.35%
NTCT	C	2.34%
CYBR	C	2.34%
IBM	C	2.3%
VZ	D	2.28%
NTAP	D	2.28%
BOX	D	2.24%
OKTA	D	2.2%
VRNS	D	2.18%
WDAY	F	2.11%
ADBE	F	1.94%
XRX	F	1.73%

WFH Underweight 15 Positions Relative to KWEB

Symbol	Grade	Weight
BABA	B	-9.92%
PDD	C	-6.1%
BEKE	A	-4.7%
TCOM	A	-4.32%
YMM	B	-3.66%
BILI	A	-3.46%
BIDU	F	-3.35%
VIPS	F	-3.17%
QFIN	B	-2.99%
TAL	B	-2.92%
TME	D	-2.86%
BZ	C	-2.44%
ATHM	D	-1.18%
WB	B	-0.5%
IQ	C	-0.45%