FAS vs. TCAF ETF Comparison

Comparison of Direxion Financial Bull 3X Shares (FAS) to T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Capital Appreciation Equity ETF (TCAF)

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

$174.86

Average Daily Volume

585,453

Number of Holdings ^*

* may have additional holdings in another (foreign) market

TCAF

T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Capital Appreciation Equity ETF

TCAF Description

The fund normally invests at least 80% of its net assets (including any borrowings for investment purposes) in equity securities. The fund may purchase the stocks of companies of any size, but typically focuses on large U.S. companies. The fund may at times invest significantly in certain sectors, including the information technology and healthcare sectors. It is non-diversified.

Grade (RS Rating)

Last Trade

$33.84

Average Daily Volume

559,388

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FAS	TCAF
30 Days	17.59%	0.89%
60 Days	29.98%	3.04%
90 Days	38.50%	3.87%
12 Months	152.23%	28.26%

13 Overlapping Holdings

Symbol	Grade	Weight in FAS	Weight in TCAF	Overlap
AJG	A	0.64%	0.62%	0.62%
CME	B	0.8%	0.24%	0.24%
GS	A	1.84%	0.1%	0.1%
ICE	C	0.89%	1.06%	0.89%
KKR	A	1.0%	0.49%	0.49%
MA	B	4.24%	1.53%	1.53%
MMC	B	1.08%	0.98%	0.98%
MS	A	1.63%	0.2%	0.2%
MSCI	C	0.47%	0.14%	0.14%
PNC	B	0.82%	0.1%	0.1%
SPGI	C	1.62%	0.2%	0.2%
V	A	5.09%	1.44%	1.44%
WTW	B	0.32%	0.21%	0.21%

FAS Overweight 59 Positions Relative to TCAF

Symbol	Grade	Weight
BRK.A	B	8.47%
JPM	A	6.8%
BAC	A	3.06%
WFC	A	2.45%
AXP	A	1.6%
PGR	A	1.49%
BLK	B	1.44%
C	A	1.29%
BX	A	1.29%
FI	A	1.2%
SCHW	B	1.18%
CB	C	1.07%
PYPL	B	0.87%
AON	A	0.81%
USB	A	0.78%
MCO	B	0.75%
COF	C	0.69%
TFC	A	0.61%
TRV	B	0.58%
BK	A	0.57%
AMP	A	0.55%
AFL	B	0.55%
ALL	A	0.51%
FIS	C	0.48%
MET	A	0.48%
AIG	B	0.48%
PRU	A	0.44%
DFS	B	0.43%
ACGL	C	0.37%
MTB	A	0.35%
HIG	B	0.34%
FITB	B	0.32%
NDAQ	A	0.32%
GPN	B	0.29%
RJF	A	0.29%
STT	B	0.28%
BRO	B	0.26%
TROW	B	0.26%
HBAN	A	0.25%
SYF	B	0.25%
CPAY	A	0.25%
RF	A	0.24%
CINF	A	0.23%
CBOE	C	0.21%
CFG	B	0.21%
NTRS	A	0.21%
FDS	B	0.19%
KEY	B	0.18%
WRB	A	0.18%
PFG	D	0.18%
EG	C	0.16%
L	A	0.15%
JKHY	D	0.12%
AIZ	A	0.11%
GL	C	0.1%
MKTX	D	0.1%
ERIE	D	0.1%
IVZ	B	0.08%
BEN	C	0.07%

FAS Underweight 80 Positions Relative to TCAF

Symbol	Grade	Weight
MSFT	D	-8.23%
NVDA	B	-6.12%
AAPL	C	-5.34%
AMZN	C	-4.51%
GOOGL	C	-3.12%
UNH	B	-2.95%
FTV	C	-2.71%
DHR	F	-2.63%
BDX	F	-2.48%
RVTY	F	-2.44%
META	D	-2.3%
AEE	A	-1.91%
ROP	B	-1.74%
PTC	B	-1.67%
WCN	A	-1.64%
CRM	B	-1.63%
INTU	B	-1.55%
LLY	F	-1.5%
CNP	A	-1.49%
VLTO	C	-1.49%
RTX	D	-1.47%
AVGO	D	-1.39%
DTE	C	-1.31%
LIN	C	-1.24%
ABT	B	-1.24%
MLM	C	-1.2%
IR	B	-1.19%
NOC	D	-1.18%
NI	A	-1.09%
MCK	A	-1.05%
YUM	D	-1.04%
AMD	F	-1.02%
ADSK	A	-0.95%
TMO	F	-0.93%
HLT	A	-0.92%
CMS	C	-0.82%
MCD	D	-0.78%
TDY	B	-0.71%
AMT	C	-0.7%
SCI	B	-0.68%
AVTR	F	-0.67%
ELV	F	-0.67%
ABBV	F	-0.67%
HUM	C	-0.55%
SBAC	D	-0.55%
GEHC	D	-0.54%
NXPI	D	-0.53%
BIIB	F	-0.53%
KDP	F	-0.46%
RSG	A	-0.44%
AUR	C	-0.41%
SBUX	A	-0.38%
NKE	F	-0.36%
EXC	C	-0.34%
BKNG	A	-0.34%
IEX	C	-0.33%
LRCX	F	-0.32%
ANSS	B	-0.32%
CSX	C	-0.28%
MAR	A	-0.28%
ARGX	B	-0.26%
DLTR	F	-0.25%
ACN	B	-0.25%
AME	A	-0.2%
CMG	B	-0.16%
SYK	B	-0.15%
SLB	C	-0.15%
DIS	B	-0.14%
CDNS	B	-0.12%
LNT	A	-0.12%
KLAC	F	-0.12%
WEC	A	-0.12%
XEL	A	-0.11%
VMC	B	-0.11%
TW	A	-0.1%
INFA	D	-0.1%
BA	F	-0.09%
TYL	B	-0.06%
TT	A	-0.05%
APH	A	-0.04%