DFNV vs. WEBL ETF Comparison

Comparison of TrimTabs Donoghue Forlines Risk Managed Innovation ETF (DFNV) to Direxion Daily Dow Jones Internet Bull 3X Shares (WEBL)

DFNV

TrimTabs Donoghue Forlines Risk Managed Innovation ETF

DFNV Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the TrimTabs Donoghue Forlines Risk Managed Free Cash Flow Innovation Index. To pursue its investment objective, the fund invests, under normal market circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in component securities of the index. The index is designed to track the performance of a strategy that seeks to provide risk-managed exposure to U.S. publicly traded companies with strong free cash flow and strong research and development (R&D) investment

Grade (RS Rating)

Last Trade

$36.99

Average Daily Volume

20,580

Number of Holdings ^*

* may have additional holdings in another (foreign) market

WEBL

Direxion Daily Dow Jones Internet Bull 3X Shares

WEBL Description

The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the Dow Jones Internet Composite Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. The index includes companies that generate at least 50% of their annual sales/revenue from the internet as determined by the index provider. It is non-diversified.

Grade (RS Rating)

Last Trade

$26.55

Average Daily Volume

296,416

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DFNV	WEBL
30 Days	8.99%	36.29%
60 Days	10.78%	44.77%
90 Days	13.77%	58.89%
12 Months	41.35%	134.33%

19 Overlapping Holdings

Symbol	Grade	Weight in DFNV	Weight in WEBL	Overlap
AMZN	C	0.2%	6.28%	0.2%
ANET	C	1.58%	2.78%	1.58%
BOX	B	0.36%	0.16%	0.16%
CRM	B	2.93%	4.93%	2.93%
DASH	A	1.53%	1.84%	1.53%
DBX	B	0.48%	0.21%	0.21%
DDOG	A	1.14%	1.32%	1.14%
DOCU	A	0.81%	0.52%	0.52%
NTNX	A	0.78%	0.56%	0.56%
PINS	D	0.7%	0.56%	0.56%
PYPL	B	1.37%	2.78%	1.37%
RBLX	C	1.0%	0.9%	0.9%
SMAR	A	0.5%	0.24%	0.24%
SNOW	C	1.17%	1.43%	1.17%
TEAM	A	1.38%	1.27%	1.27%
VEEV	C	1.04%	1.07%	1.04%
VRSN	F	0.57%	0.49%	0.49%
WDAY	B	1.17%	1.8%	1.17%
ZM	B	0.8%	0.67%	0.67%

DFNV Overweight 80 Positions Relative to WEBL

Symbol	Grade	Weight
AAPL	C	7.79%
AVGO	D	4.14%
NOW	A	2.72%
APP	B	2.69%
ABBV	D	2.59%
JNJ	D	2.45%
ADBE	C	2.35%
PLTR	B	2.33%
INTU	C	2.3%
QCOM	F	2.14%
IBM	C	2.04%
BMY	B	1.99%
PANW	C	1.96%
GILD	C	1.91%
UBER	D	1.83%
SPOT	B	1.8%
CRWD	B	1.7%
AMGN	D	1.6%
FTNT	C	1.58%
MSI	B	1.52%
TTD	B	1.24%
MMM	D	1.24%
ADSK	A	1.24%
VRT	B	1.22%
EA	A	1.09%
ZS	C	0.98%
UI	A	0.97%
EXPE	B	0.83%
NTAP	C	0.81%
MCHP	D	0.79%
RMD	C	0.77%
PTC	A	0.76%
MANH	D	0.75%
DUOL	A	0.72%
PSTG	D	0.68%
GEN	B	0.68%
DT	C	0.66%
FFIV	B	0.6%
PCTY	B	0.59%
PEGA	A	0.54%
NBIX	C	0.53%
JKHY	D	0.51%
GNRC	B	0.5%
SWKS	F	0.5%
SOLV	C	0.49%
CVLT	B	0.48%
LYFT	C	0.48%
HAS	D	0.44%
JAZZ	B	0.44%
ETSY	D	0.42%
NYT	C	0.4%
PATH	C	0.4%
MTCH	D	0.4%
ALTR	B	0.4%
QLYS	C	0.39%
HALO	F	0.38%
TENB	C	0.36%
PI	D	0.36%
MAT	D	0.36%
CWAN	B	0.33%
CRUS	D	0.32%
ENPH	F	0.3%
ALKS	B	0.3%
QRVO	F	0.29%
BL	B	0.28%
IGT	F	0.25%
ZETA	D	0.24%
VERX	B	0.23%
RNG	B	0.22%
PLTK	B	0.22%
PRGS	A	0.21%
ALRM	C	0.21%
ACAD	D	0.2%
TDC	D	0.2%
RPD	C	0.19%
YELP	C	0.18%
FLNC	C	0.18%
YOU	D	0.17%
PTGX	C	0.17%
CMPR	D	0.15%

DFNV Underweight 22 Positions Relative to WEBL

Symbol	Grade	Weight
META	D	-6.18%
NFLX	A	-5.54%
GOOGL	C	-3.49%
BKNG	A	-3.21%
CSCO	B	-2.91%
GOOG	C	-2.89%
ABNB	C	-1.87%
CPRT	A	-1.6%
HUBS	A	-1.14%
EBAY	D	-0.97%
NET	B	-0.91%
CVNA	B	-0.88%
GDDY	A	-0.83%
DKNG	B	-0.64%
AKAM	D	-0.44%
JNPR	F	-0.4%
OKTA	C	-0.39%
PAYC	B	-0.36%
CIEN	B	-0.32%
CFLT	B	-0.23%
MARA	C	-0.2%
ZI	D	-0.1%