FAZ vs. IXG ETF Comparison

Comparison of Direxion Financial Bear 3X Shares (FAZ) to iShares Global Financial ETF (IXG)

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 1000® 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 1000® 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

$7.98

Average Daily Volume

6,016,314

Number of Holdings ^*

97

* may have additional holdings in another (foreign) market

IXG

iShares Global Financial ETF

IXG Description

The investment seeks to track the investment results of an index composed of global equities in the financials sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P Global 1200 Financials Sector IndexTM (the "underlying index"), which measures the performance of companies that S&P Dow Jones Indices LLC ("S&P"), a subsidiary of McGraw Hill Financial, Inc., deems to be part of the financial sector of the economy and that S&P believes are important to global markets.

Grade (RS Rating)

Last Trade

$94.43

Average Daily Volume

21,607

Number of Holdings ^*

72

* may have additional holdings in another (foreign) market

Performance

Period	FAZ	IXG
30 Days	-1.66%	2.28%
60 Days	-11.75%	6.21%
90 Days	-23.95%	11.00%
12 Months	-56.95%	36.79%

58 Overlapping Holdings

	Symbol	Grade	Weight in FAZ	Weight in IXG	Overlap
	ACGL	B	0.28%	0.38%	0.28%
	AFL	A	0.62%	0.49%	0.49%
	AIG	D	0.74%	0.43%	0.43%
	AJG	D	0.28%	0.55%	0.28%
	ALL	C	0.61%	0.46%	0.46%
	AMP	B	0.35%	0.41%	0.35%
	AON	B	0.79%	0.68%	0.68%
	AXP	B	1.41%	1.36%	1.36%
	BAC	D	4.53%	2.45%	2.45%
	BK	B	0.61%	0.48%	0.48%
	BLK	B	1.01%	1.16%	1.01%
	BRK.A	C	7.22%	7.51%	7.22%
	C	C	2.84%	1.07%	1.07%
	CB	B	1.11%	0.98%	0.98%
	CFG	D	0.28%	0.17%	0.17%
	CINF	C	0.26%	0.19%	0.19%
	CME	B	1.18%	0.69%	0.69%
	COF	B	0.78%	0.53%	0.53%
	DFS	C	0.42%	0.32%	0.32%
	FIS	C	1.44%	0.41%	0.41%
	FITB	B	0.33%	0.26%	0.26%
	GPN	D	0.95%	0.25%	0.25%
	GS	B	1.27%	1.42%	1.27%
	HBAN	B	0.24%	0.2%	0.2%
	HIG	B	0.35%	0.31%	0.31%
	ICE	C	0.85%	0.83%	0.83%
	JKHY	B	0.18%	0.11%	0.11%
	JPM	D	6.91%	5.41%	5.41%
	KEY	C	0.31%	0.14%	0.14%
	L	D	0.22%	0.13%	0.13%
	MA	B	4.6%	3.66%	3.66%
	MCO	C	0.68%	0.7%	0.68%
	MET	B	0.66%	0.43%	0.43%
	MKTX	D	0.22%	0.09%	0.09%
	MMC	C	0.93%	0.99%	0.93%
	MS	B	1.07%	1.15%	1.07%
	MSCI	C	0.37%	0.39%	0.37%
	MTB	C	0.34%	0.27%	0.27%
	NDAQ	C	0.2%	0.28%	0.2%
	NTRS	C	0.34%	0.17%	0.17%
	PFG	B	0.25%	0.16%	0.16%
	PGR	C	0.71%	1.37%	0.71%
	PNC	C	1.08%	0.67%	0.67%
	PRU	C	0.63%	0.39%	0.39%
	PYPL	B	2.19%	0.71%	0.71%
	RF	B	0.25%	0.19%	0.19%
	RJF	C	0.19%	0.21%	0.19%
	SCHW	D	0.89%	0.88%	0.88%
	SPGI	C	1.17%	1.51%	1.17%
	STT	B	0.48%	0.24%	0.24%
	SYF	C	0.37%	0.18%	0.18%
	TFC	D	1.21%	0.51%	0.51%
	TROW	C	0.48%	0.22%	0.22%
	TRV	C	0.58%	0.49%	0.49%
	USB	C	1.27%	0.64%	0.64%
	V	C	5.62%	4.28%	4.28%
	WFC	D	3.0%	1.73%	1.73%
	WTW	B	0.42%	0.26%	0.26%

FAZ Overweight 39 Positions Relative to IXG

	Symbol	Grade	Weight
	AMT	C	1.64%
	CCI	C	0.96%
	PLD	C	0.95%
	EQIX	B	0.8%
	SPG	B	0.73%
	WELL	C	0.56%
	PSA	C	0.52%
	AVB	C	0.48%
	EQR	C	0.48%
	SBAC	C	0.45%
	DLR	B	0.41%
	O	B	0.4%
	SQ	D	0.38%
	WY	C	0.37%
	VTR	C	0.35%
	BXP	C	0.34%
	ESS	C	0.33%
	CBRE	B	0.33%
	ARE	C	0.3%
	EFX	C	0.3%
	TRU	B	0.28%
	INVH	D	0.26%
	MKL	C	0.26%
	BR	C	0.24%
	MAA	C	0.24%
	SUI	C	0.23%
	WPC	C	0.23%
	UDR	C	0.22%
	NLY	B	0.22%
	EXR	C	0.22%
	ELS	D	0.2%
	FNF	B	0.2%
	HST	D	0.2%
	ALLY	F	0.19%
	FICO	B	0.19%
	WU	C	0.19%
	VNO	B	0.19%
	LNC	C	0.19%
	MPW	C	0.18%

FAZ Underweight 14 Positions Relative to IXG

	Symbol	Grade	Weight
	BX	C	-1.03%
	FI	B	-0.92%
	KKR	B	-0.81%
	BRO	C	-0.22%
	CPAY	B	-0.19%
	CBOE	C	-0.19%
	WRB	D	-0.16%
	FDS	C	-0.16%
	EG	B	-0.15%
	ERIE	B	-0.12%
	GL	D	-0.09%
	AIZ	B	-0.09%
	IVZ	B	-0.07%
	BEN	F	-0.06%

FAZ: Top Represented Industries & Keywords

Industries: Banks - Regional - US Capital Markets Credit Services REIT - Residential Insurance - Property & Casualty Asset Management Business Services Insurance - Life Banks - Global Insurance - Diversified Insurance Brokers REIT - Diversified REIT - Office Financial Data & Stock Exchanges REIT - Healthcare Facilities REIT - Industrial REIT - Retail Telecom Services Insurance - Specialty Lumber & Wood Production

Keywords: S&P 500 Insurance Bank Real Estate Investment Trust Banking Investment Bank Insurance Products Cash Management Financial Products Disability Investment Management Commercial Banking Payment Systems Real Estate Market Casualty Insurance Risk Management Investment Product Life Insurance Advisory Services Asset Management Services

IXG: Top Represented Industries & Keywords

Industries: Asset Management Banks - Regional - US Capital Markets Credit Services Insurance - Property & Casualty Insurance Brokers Business Services Insurance - Diversified Insurance - Life Banks - Global Financial Data & Stock Exchanges Insurance - Reinsurance

Keywords: S&P 500 Insurance Bank Banking Insurance Products Investment Bank Cash Management Disability Casualty Insurance Financial Products Investment Management Risk Management Commercial Banking Life Insurance Hedge Funds Investment Product Payment Systems Risk Management Services Advisory Services Asset Management Services