DFEN vs. GCAD ETF Comparison

Comparison of Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN) to Gabelli Equity Income ETF (GCAD)

DFEN

Direxion Daily Aerospace & Defense Bull 3X Shares

DFEN Description

The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the Dow Jones U.S. Select Aerospace & Defense Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments that provide daily leveraged exposure to the index and/or exchange-traded funds ("ETFs") that track the index. The index is provided by Dow Jones U.S. Index. The index provider attempts to measure the performance of the aerospace and defense industry of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$24.98

Average Daily Volume

215,659

Number of Holdings ^*

33

* may have additional holdings in another (foreign) market

GCAD

Gabelli Equity Income ETF

GCAD Description

The fund will seek to achieve its investment objective by investing, under normal market conditions, at least 80% of its net assets in securities in income producing equity securities including securities in the aerospace and defense sectors. Aerospace companies include manufacturers, assemblers and distributors of aircraft and aircraft parts. Defense companies include producers of components and equipment for the defense industry, such as military aircraft, radar equipment and weapons.

Grade (RS Rating)

Last Trade

$30.25

Average Daily Volume

873

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	DFEN	GCAD
30 Days	-6.20%	-1.45%
60 Days	5.89%	3.31%
90 Days	15.83%	6.89%
12 Months	28.11%	24.88%

9 Overlapping Holdings

	Symbol	Grade	Weight in DFEN	Weight in GCAD	Overlap
	BA	F	9.01%	8.26%	8.26%
	CW	A	1.59%	5.58%	1.59%
	DCO	A	0.12%	6.56%	0.12%
	HXL	D	0.87%	5.21%	0.87%
	LHX	A	2.82%	5.2%	2.82%
	MOG.A	A	0.73%	8.49%	0.73%
	SPR	D	0.64%	7.45%	0.64%
	TXT	B	3.04%	5.43%	3.04%
	WWD	A	1.48%	5.26%	1.48%

DFEN Overweight 24 Positions Relative to GCAD

	Symbol	Grade	Weight
	RTX	A	12.33%
	LMT	A	8.78%
	GD	B	3.13%
	TDG	A	3.12%
	NOC	A	2.95%
	AXON	B	2.84%
	HWM	B	2.77%
	HEI	A	1.89%
	HII	C	1.78%
	BWXT	C	1.43%
	HEI	A	1.23%
	AVAV	A	0.69%
	KTOS	B	0.43%
	AIR	A	0.35%
	MRCY	D	0.25%
	KAMN	A	0.22%
	TGI	C	0.17%
	RKLB	F	0.16%
	RGR	B	0.14%
	SWBI	A	0.13%
	ACHR	D	0.12%
	CDRE	D	0.1%
	NPK	A	0.07%
	SPCE	F	0.06%

DFEN Underweight 1 Positions Relative to GCAD

	Symbol	Grade	Weight
	CR	A	-5.13%

DFEN: Top Represented Industries & Keywords

Industries: Aerospace & Defense Communication Equipment Computer Systems Conglomerates Diversified Industrials Security & Protection Services Specialty Industrial Machinery

Keywords: Aerospace S&P 500 Weapons Department Of Defense Helicopter Aerostructure Aviation Avionics Radar Space Systems Actuator Defense Systems Electronics Laser Law Enforcement Microwave U.S. Department Of Defense Aerospace Systems Combat Systems Communications Systems

GCAD: Top Represented Industries & Keywords

Industries: Aerospace & Defense Diversified Industrials Communication Equipment

Keywords: Aerospace Actuator Avionics Engineered Products Helicopter S&P 500 Weapons Wind Turbine Aerostructure Data Communications Defense Systems Electronics Fiber Optics Industrial Products Intelligence Systems Microwave Radar Supply Chain Management Turbines Adhesives