CLDL vs. FEPI ETF Comparison
Comparison of Direxion Daily Cloud Computing Bull 2X Shares (CLDL) to REX FANG & Innovation Equity Premium Income ETF (FEPI)
CLDL
Direxion Daily Cloud Computing Bull 2X Shares
CLDL Description
The investment seeks daily investment results, before fees and expenses, of 200% of the daily performance of the the Indxx USA Cloud Computing Index. The fund, under normal circumstances, invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, ETFs 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 is provided by Indxx, LLC and includes domestic companies that deliver cloud computing infrastructure, platforms, or services. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$10.42
Average Daily Volume
11,433
49
FEPI
REX FANG & Innovation Equity Premium Income ETF
FEPI Description
FEPI employs a covered call strategy, aiming for a balance between generating income and participating in potential gains within the technology sector. Specifically, the fund holds the stocks of its benchmark, the Solactive FANG Innovation Index, and writes slightly out-of-the-money call options on them. This approach capitalizes on the volatility of big-tech firms that is reflected in the option premiums, while limiting some of the potential stock gains. It also provides a small buffer against declines in stock prices. Note that the buffer is limited to the options premiums and may not fully offset underlying security losses. The benchmark is an equal-weighted index comprised of 15 US technology companies, eight of which are core holdings: Apple, Alphabet, Amazon, Meta, Microsoft, Netflix, Nvidia, and Tesla. The remaining seven are selected based on quarterly trading volumes from various Factset technology-related industries.Grade (RS Rating)
Last Trade
$55.04
Average Daily Volume
110,416
15
Performance
| Period | CLDL | FEPI |
|---|---|---|
| 30 Days | 10.76% | 5.14% |
| 60 Days | -5.77% | 3.19% |
| 90 Days | -9.92% | 4.18% |
| 12 Months | 47.10% |
CLDL Overweight 47 Positions Relative to FEPI
| Symbol | Grade | Weight | |
|---|---|---|---|
| SNOW | F | 4.3% | |
| SAP | C | 4.15% | |
| CRWD | C | 4.14% | |
| NOW | D | 4.02% | |
| TEAM | F | 3.95% | |
| ORCL | D | 3.84% | |
| WDAY | F | 3.81% | |
| VEEV | D | 3.75% | |
| ADSK | F | 3.47% | |
| MSTR | D | 3.32% | |
| NTNX | A | 2.88% | |
| ZS | F | 2.8% | |
| ZM | F | 2.65% | |
| AKAM | D | 2.53% | |
| DOCU | B | 2.18% | |
| TWLO | D | 1.93% | |
| PAYC | F | 1.58% | |
| PCTY | D | 1.32% | |
| SPSC | B | 1.27% | |
| DBX | F | 1.08% | |
| BILL | F | 1.06% | |
| QLYS | F | 0.97% | |
| APPF | B | 0.88% | |
| WK | F | 0.73% | |
| ACIW | A | 0.69% | |
| FIVN | F | 0.69% | |
| INFA | D | 0.68% | |
| BOX | F | 0.66% | |
| BLKB | B | 0.59% | |
| ALRM | D | 0.58% | |
| BL | D | 0.53% | |
| RNG | C | 0.53% | |
| AI | F | 0.47% | |
| FRSH | F | 0.43% | |
| NCNO | D | 0.36% | |
| DOCN | D | 0.35% | |
| CWAN | D | 0.32% | |
| EVBG | B | 0.24% | |
| ZUO | B | 0.24% | |
| PRO | F | 0.23% | |
| MODN | B | 0.19% | |
| PYCR | F | 0.18% | |
| RDWR | C | 0.12% | |
| VMEO | D | 0.11% | |
| ENFN | B | 0.08% | |
| BLND | D | 0.08% | |
| SEMR | A | 0.06% |
CLDL: Top Represented Industries & Keywords
FEPI: Top Represented Industries & Keywords
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