ERY vs. FENY ETF Comparison

Comparison of Direxion Energy Bear 3X Shares (ERY) to Fidelity MSCI Energy Index ETF (FENY)

ERY

Direxion Energy Bear 3X Shares

ERY Description

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the Energy Select Sector Index. The fund, under normal circumstances, creates short positions by investing at least 80% of its assets in financial instruments that, in combination, 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

$21.56

Average Daily Volume

305,402

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FENY

Fidelity MSCI Energy Index ETF

FENY Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Energy Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Energy Index, which represents the performance of the energy sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Energy Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.00

Average Daily Volume

749,218

Number of Holdings ^*

108

* may have additional holdings in another (foreign) market

Performance

Period	ERY	FENY
30 Days	-5.06%	2.89%
60 Days	-18.72%	11.65%
90 Days	-28.30%	18.90%
12 Months	-21.46%	16.24%

22 Overlapping Holdings

Symbol	Grade	Weight in ERY	Weight in FENY	Overlap
APA	B	1.19%	0.58%	0.58%
BKR	B	1.48%	1.55%	1.48%
COP	A	4.59%	7.36%	4.59%
CVX	A	19.86%	13.42%	13.42%
DVN	A	0.97%	1.61%	0.97%
EOG	A	4.79%	3.68%	3.68%
FANG	A	1.39%	1.66%	1.39%
HAL	A	2.03%	1.67%	1.67%
HES	A	1.75%	2.0%	1.75%
HP	A	0.47%	0.2%	0.2%
KMI	A	4.01%	1.71%	1.71%
MPC	A	3.56%	3.74%	3.56%
MRO	A	1.02%	0.8%	0.8%
NOV	B	0.88%	0.36%	0.36%
OKE	A	3.08%	2.16%	2.16%
OXY	A	3.95%	2.14%	2.14%
PSX	A	4.03%	3.37%	3.37%
PXD	A	2.38%	2.99%	2.38%
SLB	D	4.34%	3.51%	3.51%
VLO	A	3.61%	2.77%	2.77%
WMB	A	2.79%	2.19%	2.19%
XOM	A	22.35%	22.77%	22.35%

ERY Overweight 0 Positions Relative to FENY

	Symbol	Grade	Weight

ERY Underweight 86 Positions Relative to FENY

Symbol	Grade	Weight
LNG	B	-1.75%
TRGP	A	-1.15%
CTRA	A	-0.97%
EQT	B	-0.68%
OVV	A	-0.65%
FTI	A	-0.53%
TPL	A	-0.51%
CHK	A	-0.46%
DINO	B	-0.45%
RRC	A	-0.4%
AR	A	-0.39%
WFRD	A	-0.38%
SWN	A	-0.36%
PR	A	-0.36%
MTDR	A	-0.36%
CHRD	A	-0.36%
CHX	A	-0.34%
MUR	A	-0.33%
PBF	A	-0.31%
DTM	A	-0.29%
SM	A	-0.28%
ETRN	A	-0.26%
CIVI	A	-0.23%
AM	A	-0.23%
VAL	C	-0.22%
MGY	A	-0.22%
PTEN	D	-0.21%
RIG	B	-0.21%
CNX	A	-0.18%
NOG	A	-0.18%
LBRT	A	-0.17%
PAGP	A	-0.17%
WHD	A	-0.16%
ENLC	A	-0.15%
CRC	A	-0.14%
AROC	A	-0.14%
CEIX	B	-0.13%
UEC	B	-0.13%
BTU	B	-0.13%
HESM	A	-0.13%
KOS	B	-0.13%
OII	A	-0.11%
XPRO	D	-0.09%
TALO	B	-0.09%
PARR	D	-0.09%
INSW	A	-0.09%
GPOR	A	-0.09%
DK	A	-0.09%
HLX	A	-0.08%
NFE	F	-0.08%
KNTK	A	-0.07%
LPG	A	-0.07%
DO	B	-0.07%
TDW	A	-0.06%
CVI	C	-0.06%
SLCA	A	-0.05%
CRGY	D	-0.05%
KRP	A	-0.05%
RES	A	-0.04%
CLB	B	-0.04%
WTTR	A	-0.04%
REX	A	-0.04%
CRK	B	-0.04%
GPRE	C	-0.04%
TTI	B	-0.03%
NEXT	A	-0.03%
BRY	A	-0.03%
LEU	D	-0.03%
SBOW	D	-0.03%
NR	A	-0.03%
PUMP	B	-0.03%
DRQ	F	-0.03%
EGY	A	-0.03%
NBR	F	-0.03%
BOOM	F	-0.02%
OIS	F	-0.02%
GRNT	A	-0.02%
HPK	C	-0.02%
CLNE	F	-0.02%
SD	A	-0.02%
AESI	A	-0.02%
VTOL	D	-0.01%
REPX	B	-0.01%
WTI	F	-0.01%
EE	B	-0.01%
TELL	F	-0.01%