ARVR vs. WFH ETF Comparison

Comparison of First Trust Indxx Metaverse ETF (ARVR) to Direxion Work From Home ETF (WFH)
ARVR

First Trust Indxx Metaverse ETF

ARVR Description

The investment seeks to provide investment results that, before fees and expenses, track the price return performance of the EQM Tactile AR/VR Virtual Technology Index. The fund will normally invest at least 80% of its total assets in securities of the index. The index is designed to track the performance of companies that are expected to benefit from the increased adoption of augmented reality ("AR") and virtual reality ("VR") technologies. The fund will concentrate its investments in a particular industry or group of industries to approximately the same extent that the index concentrates in an industry or group of industries. It is non-diversified.

Grade (RS Rating)

Last Trade

$34.77

Average Daily Volume

608

Number of Holdings *

23

* may have additional holdings in another (foreign) market
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

$54.20

Average Daily Volume

2,427

Number of Holdings *

39

* may have additional holdings in another (foreign) market
Performance
Period ARVR WFH
30 Days 5.04% 5.63%
60 Days -8.46% -2.90%
90 Days -5.93% 1.00%
12 Months 14.72% 6.93%
4 Overlapping Holdings
Symbol Grade Weight in ARVR Weight in WFH Overlap
ADBE B 3.21% 2.67% 2.67%
META C 3.23% 2.62% 2.62%
MSFT D 2.88% 2.59% 2.59%
ZM B 3.99% 2.63% 2.63%
ARVR Overweight 19 Positions Relative to WFH
Symbol Grade Weight
RBLX B 3.66%
TTWO B 3.36%
NFLX B 3.35%
TXN C 3.32%
EA C 3.28%
SONY B 3.2%
AAPL C 3.18%
NVDA D 3.15%
APH D 3.05%
TSM D 2.93%
MCHP D 2.76%
QCOM F 2.75%
SNPS D 2.68%
AMD F 2.57%
MU F 2.33%
INTC F 1.87%
SNAP F 1.79%
U D 1.25%
TDOC F 0.91%
ARVR Underweight 35 Positions Relative to WFH
Symbol Grade Weight
PANW B -3.24%
ORCL A -3.16%
GOOGL D -3.04%
SMAR A -2.91%
NTAP D -2.89%
AVGO D -2.88%
NOW B -2.87%
DOCU A -2.81%
SNX D -2.78%
FTNT B -2.75%
CYBR C -2.75%
BOX A -2.75%
VZ B -2.73%
YY A -2.73%
PEGA B -2.72%
IBM A -2.61%
RNG D -2.59%
CSCO B -2.59%
AMZN D -2.58%
WDAY C -2.48%
NTCT C -2.47%
ZS F -2.43%
MOMO D -2.37%
DOCN B -2.3%
MRVL D -2.19%
S D -2.17%
TEAM F -2.1%
CRM D -2.08%
CRWD F -2.06%
HUBS F -2.06%
NET F -2.04%
ATUS C -1.79%
OKTA F -1.78%
EGHT F -1.68%
XRX D -1.67%
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