FAS vs. SPLV ETF Comparison

Comparison of Direxion Financial Bull 3X Shares (FAS) to PowerShares S&P 500 Low Volatility Portfolio ETF (SPLV)

FAS

Direxion Financial Bull 3X Shares

FAS Description

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the Russell 1000Â® Financial Services Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the Russell 1000Â® Financial Services Index ("index") and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is a subset of the Russell 1000Â® Index that measures the performance of the securities classified in the financial services sector of the large cap U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$107.94

Average Daily Volume

637,155

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SPLV

PowerShares S&P 500 Low Volatility Portfolio ETF

SPLV Description

The PowerShares S&P 500 Low Volatility Portfolio (Fund) is based on the S&P 500 Low Volatility Index (Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poor's and consists of the 100 stocks from the S&P 500 Index with the lowest realized volatility over the past 12 months. Volatility is a statistical measurement of the magnitude of up and down asset price fluctuations over time. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$65.47

Average Daily Volume

2,135,852

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FAS	SPLV
30 Days	5.62%	2.35%
60 Days	6.70%	0.98%
90 Days	19.24%	4.37%
12 Months	98.08%	5.80%

17 Overlapping Holdings

Symbol	Grade	Weight in FAS	Weight in SPLV	Overlap
AFL	A	0.56%	0.96%	0.56%
AJG	C	0.66%	0.97%	0.66%
AON	F	0.71%	0.84%	0.71%
BRK.A	D	9.21%	1.32%	1.32%
BRO	C	0.25%	0.94%	0.25%
CB	C	1.28%	0.9%	0.9%
CBOE	C	0.24%	0.97%	0.24%
CME	C	0.94%	0.99%	0.94%
FDS	D	0.21%	0.79%	0.21%
GL	F	0.09%	0.7%	0.09%
ICE	C	0.94%	1.02%	0.94%
JPM	B	6.94%	0.96%	0.96%
L	A	0.18%	1.06%	0.18%
MA	D	4.63%	1.08%	1.08%
MCO	C	0.76%	0.86%	0.76%
MMC	C	1.24%	1.11%	1.11%
V	C	5.39%	1.17%	1.17%

FAS Overweight 52 Positions Relative to SPLV

Symbol	Grade	Weight
BAC	B	3.24%
WFC	A	2.71%
GS	A	1.81%
SPGI	C	1.71%
AXP	A	1.68%
PGR	A	1.58%
C	A	1.49%
MS	A	1.48%
SCHW	A	1.43%
BLK	D	1.35%
BX	D	1.09%
PYPL	C	0.88%
USB	D	0.81%
PNC	B	0.78%
AIG	A	0.7%
COF	B	0.68%
TFC	B	0.66%
TRV	D	0.62%
ALL	B	0.56%
BK	A	0.55%
MET	C	0.55%
AMP	C	0.53%
PRU	A	0.52%
FIS	C	0.52%
MSCI	D	0.47%
ACGL	A	0.45%
DFS	C	0.39%
HIG	C	0.37%
GPN	F	0.36%
FITB	A	0.32%
WTW	D	0.32%
MTB	A	0.31%
TROW	D	0.31%
RJF	C	0.3%
NDAQ	D	0.29%
STT	C	0.28%
HBAN	A	0.25%
SYF	B	0.24%
PFG	C	0.23%
RF	B	0.23%
CINF	D	0.23%
NTRS	C	0.22%
EG	C	0.21%
CFG	A	0.21%
WRB	D	0.2%
KEY	C	0.18%
JKHY	D	0.15%
AIZ	D	0.12%
MKTX	F	0.1%
BEN	F	0.09%
CMA	B	0.09%
IVZ	D	0.08%

FAS Underweight 82 Positions Relative to SPLV

Symbol	Grade	Weight
KO	A	-1.43%
CL	A	-1.3%
RSG	C	-1.29%
WM	B	-1.27%
KMB	B	-1.27%
MCD	F	-1.23%
WMT	C	-1.23%
PEP	B	-1.23%
PG	A	-1.21%
K	B	-1.17%
KR	B	-1.16%
YUM	C	-1.16%
APH	A	-1.15%
KMI	A	-1.14%
PEG	A	-1.13%
TJX	C	-1.13%
PM	A	-1.13%
SO	A	-1.11%
ROP	D	-1.08%
ED	A	-1.07%
COST	B	-1.07%
CTAS	B	-1.06%
GIS	C	-1.06%
LMT	A	-1.05%
KHC	C	-1.05%
KDP	B	-1.05%
GD	A	-1.05%
MO	A	-1.05%
MSI	A	-1.04%
DUK	A	-1.04%
WMB	A	-1.04%
STZ	D	-1.04%
HSY	B	-1.04%
JNJ	F	-1.04%
PPL	A	-1.04%
CHD	A	-1.03%
CAG	B	-1.03%
ATO	A	-1.03%
DGX	B	-1.02%
ECL	A	-1.02%
HON	C	-1.02%
AME	D	-1.01%
CMS	A	-0.99%
BSX	B	-0.99%
DTE	A	-0.99%
TMUS	B	-0.98%
OTIS	D	-0.98%
LIN	D	-0.97%
SRE	B	-0.97%
FE	A	-0.96%
MDLZ	B	-0.96%
MRK	B	-0.96%
CNP	B	-0.96%
WEC	B	-0.95%
LNT	B	-0.94%
MCK	B	-0.93%
HOLX	D	-0.93%
O	B	-0.92%
VICI	B	-0.9%
BR	D	-0.89%
VRSK	B	-0.89%
IBM	D	-0.88%
DRI	F	-0.88%
BDX	F	-0.87%
SYY	D	-0.87%
ITW	D	-0.86%
IEX	D	-0.86%
ADP	D	-0.86%
XEL	C	-0.85%
PTC	D	-0.85%
LH	F	-0.84%
ORLY	D	-0.84%
AAPL	B	-0.84%
CSCO	D	-0.83%
ABBV	D	-0.83%
CSX	D	-0.82%
ABT	F	-0.82%
BMY	F	-0.82%
LKQ	D	-0.8%
VRSN	F	-0.79%
EA	F	-0.79%
SJM	F	-0.76%