ERX vs. EAGL ETF Comparison

Comparison of Direxion Energy Bull 3X Shares (ERX) to Eagle Capital Select Equity ETF (EAGL)

ERX

Direxion Energy Bull 3X Shares

ERX Description

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the Energy 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 Energy Select Sector Index ("index") and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is provided by Standard & Poor's and includes domestic companies from the following industries: oil, gas & consumable fuels; and energy equipment & services. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$71.93

Average Daily Volume

445,708

Number of Holdings ^*

* may have additional holdings in another (foreign) market

EAGL

Eagle Capital Select Equity ETF

EAGL Description

EAGL seeks to outperform the US equity markets through a narrow exposure to global value stocks. The actively managed fund generally holds 15-35 stocks assessed based on the advisers estimate of their long-term intrinsic values. The belief is that there is an opportunity to capture excess returns through a longer-term perspective. Thus, several investments of the fund are expected to be made with a five to seven-year holding period. The portfolio is constructed using a fundamental analysis that considers business changes, growth prospects, margins, industry factors, and valuation scenarios over the next 5 to 10 years, which seeks to identify a margin of safety based on valuation discount, resilience, growth opportunities, and strong management. The fund primarily focuses on US stocks and large-cap companies. However, the fund may invest in companies of any size and geographic location, including emerging markets. EAGL launched by converting an SMA with $1.8 billion in assets.

Grade (RS Rating)

Last Trade

$28.58

Average Daily Volume

52,616

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ERX	EAGL
30 Days	14.68%	3.94%
60 Days	19.60%	4.70%
90 Days	14.32%	6.78%
12 Months	27.77%

2 Overlapping Holdings

	Symbol	Grade	Weight in ERX	Weight in EAGL	Overlap
	COP	C	4.85%	5.11%	4.85%
	OXY	D	1.53%	1.5%	1.5%

ERX Overweight 20 Positions Relative to EAGL

Symbol	Grade	Weight
XOM	B	14.33%
CVX	A	10.17%
WMB	A	3.04%
EOG	A	2.93%
OKE	A	2.83%
SLB	C	2.77%
PSX	C	2.44%
MPC	D	2.37%
KMI	A	2.32%
VLO	C	2.01%
BKR	A	1.92%
TRGP	A	1.88%
HES	B	1.8%
FANG	C	1.53%
HAL	C	1.19%
EQT	B	1.14%
DVN	F	1.11%
CTRA	B	0.84%
MRO	B	0.72%
APA	D	0.37%

ERX Underweight 22 Positions Relative to EAGL

Symbol	Grade	Weight
AMZN	C	-7.99%
META	D	-5.55%
GOOGL	C	-5.15%
AON	A	-4.75%
UNH	B	-4.24%
WDAY	B	-4.19%
MSFT	D	-4.15%
COF	C	-3.86%
AER	A	-3.55%
SAP	B	-3.5%
TSM	B	-3.34%
CHTR	C	-3.29%
GEV	B	-2.92%
HUM	C	-2.74%
CMCSA	B	-2.47%
V	A	-2.31%
WWD	C	-2.28%
WFC	A	-2.24%
HLT	A	-2.11%
AA	A	-2.09%
ELV	F	-1.95%
NFLX	A	-1.81%