DFEN vs. SHLD ETF Comparison

Comparison of Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN) to Global X Defense Tech ETF (SHLD)

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

$25.14

Average Daily Volume

216,881

Number of Holdings ^*

32

* may have additional holdings in another (foreign) market

SHLD

Global X Defense Tech ETF

SHLD Description

The investment seeks to provide investment results that track the performance of the Nasdaq Yewno Aerospace & Defense IndexTM before fees and expenses. Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its assets in securities of companies in the index that are tied to the protection of national security interests of the United States. From the universe of eligible securities, the index identifies the top 50 eligible companies ranked by total outstanding contracts relating to the protection of U.S. national security interests, and projected revenue amounts.

Grade (RS Rating)

Last Trade

$32.78

Average Daily Volume

36,280

Number of Holdings ^*

7

* may have additional holdings in another (foreign) market

Performance

Period	DFEN	SHLD
30 Days	-5.67%	-1.25%
60 Days	2.75%	4.86%
90 Days	14.93%	16.45%
12 Months	26.82%

6 Overlapping Holdings

	Symbol	Grade	Weight in DFEN	Weight in SHLD	Overlap
	GD	A	3.06%	7.44%	3.06%
	HII	C	1.79%	4.49%	1.79%
	LHX	A	2.83%	4.19%	2.83%
	LMT	A	8.75%	6.6%	6.6%
	NOC	A	3.11%	6.66%	3.11%
	RTX	A	12.18%	7.9%	7.9%

DFEN Overweight 26 Positions Relative to SHLD

	Symbol	Grade	Weight
	BA	F	8.64%
	TDG	A	3.16%
	AXON	B	2.86%
	HWM	B	2.77%
	TXT	D	2.72%
	HEI	A	1.94%
	CW	A	1.59%
	WWD	A	1.48%
	BWXT	C	1.42%
	HEI	A	1.26%
	HXL	D	0.89%
	MOG.A	A	0.74%
	AVAV	A	0.71%
	SPR	D	0.6%
	KTOS	D	0.41%
	AIR	A	0.37%
	MRCY	F	0.25%
	TGI	C	0.17%
	RKLB	D	0.16%
	SWBI	A	0.13%
	RGR	B	0.13%
	DCO	A	0.12%
	ACHR	F	0.12%
	CDRE	C	0.1%
	NPK	A	0.07%
	SPCE	F	0.05%

DFEN Underweight 1 Positions Relative to SHLD

	Symbol	Grade	Weight
	LDOS	A	-4.52%

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 Aviation Avionics Helicopter Radar Space Systems Actuator Aerostructure Defense Systems Electronics Laser Law Enforcement Microwave U.S. Department Of Defense Aerospace Systems Combat Systems Communications Systems

SHLD: Top Represented Industries & Keywords

Industries: Aerospace & Defense Communication Equipment Information Technology Services

Keywords: S&P 500 Aerospace Communications Systems National Security Space Systems Aerospace Systems Aviation Avionics Business Aviation Combat Systems Electronic Systems Information Technology Solutions Mission Systems Navy Northrop Grumman Radar Technology Products Technology Solutions United States Navy Aerostructure