DFEN vs. PPA ETF Comparison
Comparison of Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN) to PowerShares Aerospace & Defense (PPA)
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
$24.19
Average Daily Volume
208,298
33
PPA
PowerShares Aerospace & Defense
PPA Description
The PowerShares Aerospace & Defense Portfolio (Fund) is based on the SPADE⢠Defense Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to identify a group of companies involved in the development, manufacturing, operations and support of US defense, homeland security and aerospace operations. The Fund and the Index are rebalanced and reconstituted quarterly.Grade (RS Rating)
Last Trade
$98.31
Average Daily Volume
148,457
48
Performance
| Period | DFEN | PPA |
|---|---|---|
| 30 Days | -4.65% | -1.66% |
| 60 Days | 3.73% | 3.19% |
| 90 Days | 12.69% | 8.58% |
| 12 Months | 14.67% | 21.27% |
27 Overlapping Holdings
| Symbol | Grade | Weight in DFEN | Weight in PPA | Overlap | |
|---|---|---|---|---|---|
| AIR | B | 0.33% | 0.44% | 0.33% | |
| AVAV | A | 0.66% | 0.83% | 0.66% | |
| AXON | B | 2.9% | 3.52% | 2.9% | |
| BA | F | 8.82% | 6.0% | 6.0% | |
| BWXT | C | 1.41% | 1.42% | 1.41% | |
| CDRE | D | 0.1% | 0.27% | 0.1% | |
| CW | A | 1.55% | 1.31% | 1.31% | |
| DCO | A | 0.12% | 0.15% | 0.12% | |
| GD | A | 3.04% | 4.98% | 3.04% | |
| HEI | A | 1.14% | 1.76% | 1.14% | |
| HEI | A | 1.75% | 1.76% | 1.75% | |
| HII | C | 1.74% | 2.08% | 1.74% | |
| HWM | C | 2.72% | 3.54% | 2.72% | |
| HXL | D | 0.84% | 0.96% | 0.84% | |
| KAMN | A | 0.21% | 0.19% | 0.19% | |
| KTOS | B | 0.42% | 0.54% | 0.42% | |
| LHX | B | 2.73% | 4.34% | 2.73% | |
| LMT | A | 8.3% | 6.67% | 6.67% | |
| MOG.A | A | 0.72% | 0.65% | 0.65% | |
| MRCY | F | 0.24% | 0.34% | 0.24% | |
| NOC | B | 2.85% | 5.37% | 2.85% | |
| RTX | A | 11.85% | 6.9% | 6.9% | |
| SPR | A | 0.63% | 0.8% | 0.63% | |
| TDG | B | 2.99% | 4.04% | 2.99% | |
| TGI | D | 0.17% | 0.2% | 0.17% | |
| TXT | A | 2.99% | 2.67% | 2.67% | |
| WWD | A | 1.44% | 1.09% | 1.09% |
DFEN Underweight 22 Positions Relative to PPA
| Symbol | Grade | Weight | |
|---|---|---|---|
| GE | A | -5.89% | |
| HON | C | -4.45% | |
| ETN | A | -3.79% | |
| PH | B | -3.67% | |
| BAH | C | -2.46% | |
| LDOS | C | -2.14% | |
| APH | B | -2.08% | |
| KBR | A | -1.32% | |
| CACI | B | -1.25% | |
| TDY | D | -1.07% | |
| SAIC | C | -0.99% | |
| ATI | A | -0.97% | |
| J | C | -0.89% | |
| PLTR | D | -0.87% | |
| PSN | B | -0.66% | |
| KEYS | D | -0.65% | |
| OSK | A | -0.48% | |
| VSAT | F | -0.32% | |
| OSIS | A | -0.27% | |
| IRDM | D | -0.16% | |
| B | B | -0.15% | |
| TTMI | D | -0.13% |
DFEN: Top Represented Industries & Keywords
PPA: Top Represented Industries & Keywords
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