CURE vs. QDEF ETF Comparison

Comparison of Direxion Daily Healthcare Bull 3X Shares (CURE) to FlexShares Quality Dividend Defensive Index Fund (QDEF)

CURE

Direxion Daily Healthcare Bull 3X Shares

CURE Description

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the Health Care Select Sector Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the Health Care Select Sector Index ("index") and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index includes domestic companies from the following industries: pharmaceuticals; health care equipment & supplies; health care providers & services; biotechnology; life sciences tools & services; and health care technology. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$106.52

Average Daily Volume

34,600

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QDEF

FlexShares Quality Dividend Defensive Index Fund

QDEF Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Quality Dividend Defensive IndexSM. The fund generally will invest under normal circumstances at least 80% of its total assets in the securities of the underlying index. The underlying index is designed to provide exposure to a high-quality, income-oriented portfolio of U.S. equity securities, with an emphasis on long-term capital growth and a targeted overall volatility that is lower than that of the Northern Trust 1250 IndexSM. It may also invest up to 20% of its assets in cash and cash equivalents.

Grade (RS Rating)

Last Trade

$72.79

Average Daily Volume

6,852

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

Performance

Period	CURE	QDEF
30 Days	-13.28%	1.58%
60 Days	-20.88%	2.63%
90 Days	-22.52%	4.66%
12 Months	20.28%	30.49%

11 Overlapping Holdings

Symbol	Grade	Weight in CURE	Weight in QDEF	Overlap
ABBV	D	4.1%	2.6%	2.6%
BMY	B	1.63%	0.45%	0.45%
CAH	B	0.41%	0.17%	0.17%
CI	F	1.29%	0.83%	0.83%
COR	B	0.59%	0.57%	0.57%
GILD	C	1.6%	1.03%	1.03%
JNJ	D	4.99%	2.93%	2.93%
MCK	B	1.09%	0.71%	0.71%
MRK	F	3.39%	2.25%	2.25%
RMD	C	0.49%	0.54%	0.49%
ZTS	D	1.07%	0.11%	0.11%

CURE Overweight 50 Positions Relative to QDEF

Symbol	Grade	Weight
LLY	F	8.77%
UNH	C	7.71%
TMO	F	2.81%
ABT	B	2.75%
ISRG	A	2.59%
AMGN	D	2.18%
DHR	F	2.09%
PFE	D	2.02%
SYK	C	1.8%
BSX	B	1.77%
VRTX	F	1.72%
MDT	D	1.54%
ELV	F	1.3%
REGN	F	1.18%
CVS	D	0.92%
BDX	F	0.91%
HCA	F	0.88%
EW	C	0.54%
GEHC	F	0.53%
A	D	0.53%
IQV	D	0.5%
IDXX	F	0.48%
HUM	C	0.46%
CNC	D	0.42%
DXCM	D	0.4%
MTD	D	0.36%
BIIB	F	0.33%
WST	C	0.32%
WAT	B	0.31%
STE	F	0.3%
ZBH	C	0.3%
LH	C	0.28%
PODD	C	0.26%
HOLX	D	0.25%
MOH	F	0.25%
DGX	A	0.24%
BAX	D	0.23%
ALGN	D	0.21%
VTRS	A	0.21%
MRNA	F	0.2%
RVTY	F	0.2%
UHS	D	0.17%
INCY	C	0.17%
TECH	D	0.16%
CTLT	B	0.15%
CRL	C	0.15%
SOLV	C	0.13%
HSIC	B	0.12%
TFX	F	0.12%
DVA	B	0.1%

CURE Underweight 112 Positions Relative to QDEF

Symbol	Grade	Weight
AAPL	C	-6.07%
NVDA	C	-6.0%
MSFT	F	-4.97%
HD	A	-3.07%
PG	A	-2.83%
META	D	-2.76%
IBM	C	-1.7%
QCOM	F	-1.65%
PM	B	-1.65%
GOOGL	C	-1.36%
INTU	C	-1.29%
TMUS	B	-1.14%
ADP	B	-1.13%
GOOG	C	-1.1%
LMT	D	-1.05%
TJX	A	-0.99%
SBUX	A	-0.98%
AVGO	D	-0.88%
MO	A	-0.86%
AMT	D	-0.82%
KLAC	D	-0.79%
T	A	-0.77%
DUK	C	-0.77%
ITW	B	-0.74%
MSI	B	-0.74%
JPM	A	-0.73%
CME	A	-0.71%
BK	A	-0.67%
MMM	D	-0.66%
VZ	C	-0.65%
UNM	A	-0.65%
KO	D	-0.65%
EME	C	-0.64%
BWXT	B	-0.64%
PAYX	C	-0.63%
UMBF	B	-0.61%
CSCO	B	-0.61%
FIS	C	-0.6%
EA	A	-0.6%
AFL	B	-0.6%
CFR	B	-0.6%
GEN	B	-0.59%
PSA	D	-0.59%
AIZ	A	-0.58%
WTW	B	-0.58%
FAST	B	-0.58%
VIRT	B	-0.57%
CSWI	A	-0.57%
LDOS	C	-0.57%
VRSK	A	-0.57%
D	C	-0.56%
WDFC	B	-0.55%
PPL	B	-0.55%
ORI	A	-0.54%
ESS	B	-0.54%
K	A	-0.53%
CSL	C	-0.53%
OHI	C	-0.53%
MET	A	-0.53%
EQR	B	-0.53%
MAA	B	-0.53%
PNW	B	-0.52%
IRDM	D	-0.52%
CPT	B	-0.51%
OTIS	C	-0.51%
KMB	D	-0.51%
XOM	B	-0.5%
OMF	A	-0.5%
LSTR	D	-0.49%
ED	D	-0.49%
AVY	D	-0.48%
DOX	D	-0.48%
BPOP	B	-0.48%
RDN	C	-0.48%
LOW	D	-0.47%
NSA	D	-0.47%
OGE	B	-0.47%
IPG	D	-0.46%
DELL	C	-0.46%
GIS	D	-0.45%
VRT	B	-0.45%
HRB	D	-0.45%
WU	D	-0.43%
EXPD	D	-0.42%
SAIC	F	-0.41%
WSM	B	-0.41%
DPZ	C	-0.41%
CUBE	D	-0.4%
EVRG	A	-0.4%
EBAY	D	-0.4%
EXC	C	-0.39%
CHE	D	-0.39%
SWKS	F	-0.39%
V	A	-0.38%
MSM	C	-0.37%
BSY	D	-0.37%
STNG	F	-0.36%
STWD	C	-0.32%
NEP	F	-0.32%
WEC	A	-0.28%
PEG	A	-0.26%
COST	B	-0.24%
MA	C	-0.23%
MAS	D	-0.23%
NNN	D	-0.21%
AVB	B	-0.18%
SCCO	F	-0.16%
BAH	F	-0.12%
DDS	B	-0.12%
WMT	A	-0.12%
ROL	B	-0.12%
BAC	A	-0.02%