FAZ vs. DWSH ETF Comparison

Comparison of Direxion Financial Bear 3X Shares (FAZ) to AdvisorShares Dorsey Wright Short ETF (DWSH)

FAZ

Direxion Financial Bear 3X Shares

FAZ Description

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the Russell 1000Â® Financial Services 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 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

$9.94

Average Daily Volume

3,083,965

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DWSH

AdvisorShares Dorsey Wright Short ETF

DWSH Description

The investment seeks capital appreciation through short selling securities. Dorsey, Wright & Associates, LLC (the "Sub-Advisor"), the sub-advisor to the fund, seeks to achieve the fund's investment objective by obtaining short exposure to investment returns of the broad U.S. large-capitalization equity market by engaging in short sales of U.S.-traded equity securities and exchange-traded funds ("ETFs"). Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in investments that create or result in short exposure to U.S. equity securities.

Grade (RS Rating)

Last Trade

$7.20

Average Daily Volume

32,740

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FAZ	DWSH
30 Days	-11.25%	-3.96%
60 Days	-3.50%	-0.28%
90 Days	-15.28%	-2.17%
12 Months	-50.86%	-14.80%

6 Overlapping Holdings

Symbol	Grade	Weight in FAZ	Weight in DWSH	Overlap
MAA	C	0.24%	-1.05%	-1.05%
MKTX	D	0.22%	-1.0%	-1.0%
MPW	D	0.18%	-1.6%	-1.6%
PYPL	D	2.19%	-0.95%	-0.95%
SBAC	F	0.45%	-0.98%	-0.98%
WPC	C	0.23%	-1.1%	-1.1%

FAZ Overweight 91 Positions Relative to DWSH

Symbol	Grade	Weight
BRK.A	B	7.22%
JPM	C	6.91%
V	D	5.62%
MA	D	4.6%
BAC	A	4.53%
WFC	B	3.0%
C	A	2.84%
AMT	C	1.64%
FIS	A	1.44%
AXP	A	1.41%
USB	D	1.27%
GS	A	1.27%
TFC	B	1.21%
CME	D	1.18%
SPGI	B	1.17%
CB	B	1.11%
PNC	C	1.08%
MS	B	1.07%
BLK	B	1.01%
CCI	D	0.96%
PLD	F	0.95%
GPN	F	0.95%
MMC	A	0.93%
SCHW	A	0.89%
ICE	B	0.85%
EQIX	C	0.8%
AON	F	0.79%
COF	D	0.78%
AIG	C	0.74%
SPG	C	0.73%
PGR	C	0.71%
MCO	A	0.68%
MET	C	0.66%
PRU	B	0.63%
AFL	A	0.62%
BK	B	0.61%
ALL	D	0.61%
TRV	D	0.58%
WELL	B	0.56%
PSA	C	0.52%
STT	B	0.48%
AVB	B	0.48%
TROW	C	0.48%
EQR	C	0.48%
DFS	C	0.42%
WTW	D	0.42%
DLR	C	0.41%
O	C	0.4%
SQ	D	0.38%
MSCI	F	0.37%
WY	F	0.37%
SYF	C	0.37%
AMP	B	0.35%
VTR	B	0.35%
HIG	B	0.35%
NTRS	D	0.34%
MTB	C	0.34%
BXP	C	0.34%
ESS	B	0.33%
CBRE	D	0.33%
FITB	C	0.33%
KEY	B	0.31%
ARE	C	0.3%
EFX	D	0.3%
ACGL	A	0.28%
TRU	C	0.28%
CFG	B	0.28%
AJG	A	0.28%
INVH	B	0.26%
CINF	D	0.26%
MKL	B	0.26%
PFG	C	0.25%
RF	C	0.25%
BR	C	0.24%
HBAN	B	0.24%
SUI	D	0.23%
L	D	0.22%
UDR	C	0.22%
NLY	B	0.22%
EXR	C	0.22%
ELS	D	0.2%
FNF	B	0.2%
NDAQ	B	0.2%
HST	D	0.2%
ALLY	C	0.19%
FICO	C	0.19%
WU	D	0.19%
VNO	F	0.19%
LNC	B	0.19%
RJF	C	0.19%
JKHY	B	0.18%

FAZ Underweight 90 Positions Relative to DWSH

Symbol	Grade	Weight
WHR	F	--0.72%
MOS	F	--0.78%
ZD	F	--0.8%
ILMN	F	--0.84%
VFC	F	--0.85%
OI	F	--0.86%
IART	F	--0.86%
SAGE	F	--0.87%
DG	D	--0.87%
ATUS	D	--0.89%
ADNT	F	--0.89%
BMY	F	--0.9%
PAYC	F	--0.9%
INCY	D	--0.92%
JAZZ	F	--0.93%
ES	C	--0.93%
PODD	C	--0.93%
G	D	--0.93%
NWL	C	--0.94%
TDC	F	--0.94%
HPP	F	--0.94%
CBRL	F	--0.94%
HUM	D	--0.95%
LEG	F	--0.96%
PARA	D	--0.96%
SJM	F	--0.96%
AES	B	--0.97%
WTRG	C	--0.98%
BIO	F	--0.98%
EXAS	F	--0.99%
NEM	B	--0.99%
TECH	C	--1.0%
UPS	D	--1.0%
MD	F	--1.0%
PII	F	--1.0%
CHTR	D	--1.01%
FMC	C	--1.02%
CAG	C	--1.02%
XEL	D	--1.02%
APA	F	--1.02%
DXC	F	--1.02%
XRAY	F	--1.02%
NKE	F	--1.02%
VRSN	F	--1.02%
SVC	F	--1.03%
UHAL	C	--1.03%
ON	D	--1.03%
ALNY	D	--1.03%
CPB	C	--1.04%
IPGP	D	--1.04%
NUS	D	--1.04%
UGI	C	--1.05%
APD	C	--1.05%
ICUI	D	--1.05%
WEN	F	--1.05%
BIIB	D	--1.06%
GILD	F	--1.06%
EL	F	--1.07%
CLB	D	--1.07%
PFE	D	--1.08%
WBA	F	--1.08%
TSLA	D	--1.08%
AEE	C	--1.08%
VLY	D	--1.09%
HSY	C	--1.09%
VC	D	--1.09%
DAN	C	--1.1%
CCK	C	--1.1%
WBD	F	--1.1%
CGNX	C	--1.11%
IDA	C	--1.11%
PTEN	F	--1.12%
AAP	D	--1.13%
ALB	D	--1.13%
BA	D	--1.14%
CABO	F	--1.15%
HAIN	D	--1.16%
VSAT	D	--1.16%
AWK	C	--1.17%
HRL	C	--1.17%
ADM	D	--1.18%
CHRW	C	--1.2%
BWA	C	--1.2%
ST	C	--1.21%
SEE	C	--1.22%
VAC	D	--1.25%
NYCB	D	--1.27%
RIG	D	--1.28%
HLF	D	--1.3%
SNAP	C	--1.45%