WFH vs. TDI ETF Comparison

Comparison of Direxion Work From Home ETF (WFH) to Touchstone Dynamic International ETF (TDI)

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

$64.30

Average Daily Volume

983

Number of Holdings ^*

* may have additional holdings in another (foreign) market

TDI

Touchstone Dynamic International ETF

TDI Description

TDI provides broad exposure to the global equity markets outside the US. The fund may include common and preferred stocks, depositary receipts, REITs, as well as other exchange-traded funds. To construct the portfolio, the funds sub-adviser employs the Dynamic Alpha Stock Selection Model, a proprietary quantitative model that seeks to construct a risk-controlled, forward-looking portfolio that adapts to changing market conditions. The model estimates returns based on each securitys risk characteristics through a three-step process that utilizes fundamental data and statistical tools. An optimization process is then used to identify the portfolio of around 100-140 securities with the highest expected return for an acceptable level of risk. The fund rebalances periodically. On December 11, 2023, TDI converted from a mutual fund to an actively managed ETF with $62 million in assets.

Grade (RS Rating)

Last Trade

$29.30

Average Daily Volume

3,640

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	WFH	TDI
30 Days	4.36%	-3.05%
60 Days	8.95%	-3.28%
90 Days	12.71%	-1.63%
12 Months	27.66%

1 Overlapping Holdings

	Symbol	Grade	Weight in WFH	Weight in TDI	Overlap
	XRX	F	1.66%	1.52%	1.52%

WFH Overweight 39 Positions Relative to TDI

Symbol	Grade	Weight
TEAM	B	3.32%
HUBS	A	3.04%
DOCU	B	3.02%
CRM	B	2.89%
ZS	C	2.86%
CRWD	B	2.86%
ORCL	A	2.86%
PEGA	B	2.81%
ATUS	C	2.76%
MRVL	B	2.76%
RNG	C	2.72%
NOW	B	2.68%
FTNT	B	2.65%
AMZN	B	2.63%
DDOG	A	2.61%
ZM	B	2.61%
S	C	2.55%
NET	B	2.54%
SMAR	A	2.54%
CSCO	B	2.51%
PANW	A	2.46%
META	C	2.43%
GOOGL	B	2.42%
AVGO	D	2.38%
MOMO	D	2.34%
CYBR	A	2.34%
NTCT	C	2.32%
DOCN	D	2.3%
YY	B	2.29%
WDAY	C	2.26%
BOX	B	2.25%
MSFT	D	2.25%
IBM	C	2.21%
OKTA	D	2.2%
SNX	C	2.16%
NTAP	C	2.14%
VZ	C	2.12%
VRNS	D	2.04%
ADBE	D	1.98%

WFH Underweight 8 Positions Relative to TDI

Symbol	Grade	Weight
NVS	D	-2.15%
SE	A	-2.13%
BAP	A	-1.43%
GOLD	C	-1.35%
MUFG	B	-1.19%
PDD	F	-0.84%
SCCO	F	-0.69%
HSBH	A	-0.43%