FAZ vs. IYF ETF Comparison

Comparison of Direxion Financial Bear 3X Shares (FAZ) to iShares U.S. Financial ETF (IYF)

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

$10.63

Average Daily Volume

2,613,747

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IYF

iShares U.S. Financial ETF

IYF Description

The investment seeks to track the investment results of an index composed of U.S. equities in the financial 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 Dow Jones U.S. Financials Index (the "underlying index"), which measures the performance of the financial sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$94.57

Average Daily Volume

134,686

Number of Holdings ^*

137

* may have additional holdings in another (foreign) market

Performance

Period	FAZ	IYF
30 Days	-1.91%	1.72%
60 Days	-1.37%	2.94%
90 Days	9.89%	-0.81%
12 Months	-42.70%	29.72%

55 Overlapping Holdings

Symbol	Grade	Weight in FAZ	Weight in IYF	Overlap
ACGL	B	0.28%	0.75%	0.28%
AFL	B	0.62%	1.07%	0.62%
AIG	D	0.74%	1.07%	0.74%
AJG	B	0.28%	1.14%	0.28%
ALL	D	0.61%	0.87%	0.61%
ALLY	B	0.19%	0.22%	0.19%
AMP	C	0.35%	0.9%	0.35%
AON	C	0.79%	1.19%	0.79%
BAC	A	4.53%	4.54%	4.53%
BK	A	0.61%	0.92%	0.61%
BLK	B	1.01%	2.42%	1.01%
BR	C	0.24%	0.48%	0.24%
BRK.A	C	7.22%	12.67%	7.22%
C	C	2.84%	2.41%	2.41%
CB	C	1.11%	2.19%	1.11%
CFG	C	0.28%	0.34%	0.28%
CINF	C	0.26%	0.37%	0.26%
CME	D	1.18%	1.43%	1.18%
DFS	A	0.42%	0.65%	0.42%
FITB	C	0.33%	0.5%	0.33%
FNF	C	0.2%	0.26%	0.2%
GS	B	1.27%	2.96%	1.27%
HBAN	C	0.24%	0.38%	0.24%
HIG	B	0.35%	0.63%	0.35%
ICE	A	0.85%	1.59%	0.85%
JPM	A	6.91%	9.84%	6.91%
KEY	C	0.31%	0.26%	0.26%
L	D	0.22%	0.29%	0.22%
LNC	B	0.19%	0.1%	0.1%
MCO	A	0.68%	1.39%	0.68%
MET	D	0.66%	0.91%	0.66%
MKL	C	0.26%	0.42%	0.26%
MKTX	F	0.22%	0.15%	0.15%
MMC	B	0.93%	2.15%	0.93%
MS	B	1.07%	2.34%	1.07%
MSCI	F	0.37%	0.77%	0.37%
MTB	B	0.34%	0.5%	0.34%
NDAQ	C	0.2%	0.46%	0.2%
NLY	B	0.22%	0.21%	0.21%
NTRS	C	0.34%	0.34%	0.34%
PFG	D	0.25%	0.39%	0.25%
PGR	D	0.71%	2.49%	0.71%
PNC	C	1.08%	1.24%	1.08%
PRU	B	0.63%	0.88%	0.63%
RF	C	0.25%	0.36%	0.25%
RJF	C	0.19%	0.47%	0.19%
SCHW	C	0.89%	2.24%	0.89%
SPGI	B	1.17%	2.91%	1.17%
STT	C	0.48%	0.45%	0.45%
TFC	C	1.21%	1.01%	1.01%
TROW	B	0.48%	0.53%	0.48%
TRV	D	0.58%	0.97%	0.58%
USB	C	1.27%	1.28%	1.27%
WFC	C	3.0%	3.8%	3.0%
WTW	B	0.42%	0.56%	0.42%

FAZ Overweight 42 Positions Relative to IYF

Symbol	Grade	Weight
V	D	5.62%
MA	D	4.6%
PYPL	F	2.19%
AMT	B	1.64%
FIS	B	1.44%
AXP	C	1.41%
CCI	C	0.96%
PLD	C	0.95%
GPN	D	0.95%
EQIX	C	0.8%
COF	C	0.78%
SPG	B	0.73%
WELL	A	0.56%
PSA	B	0.52%
AVB	A	0.48%
EQR	A	0.48%
SBAC	D	0.45%
DLR	A	0.41%
O	D	0.4%
SQ	D	0.38%
WY	F	0.37%
SYF	A	0.37%
VTR	A	0.35%
BXP	B	0.34%
ESS	B	0.33%
CBRE	B	0.33%
ARE	C	0.3%
EFX	B	0.3%
TRU	C	0.28%
INVH	A	0.26%
MAA	B	0.24%
SUI	C	0.23%
WPC	D	0.23%
UDR	B	0.22%
EXR	B	0.22%
ELS	B	0.2%
HST	D	0.2%
FICO	A	0.19%
WU	D	0.19%
VNO	B	0.19%
MPW	F	0.18%
JKHY	B	0.18%

FAZ Underweight 82 Positions Relative to IYF

Symbol	Grade	Weight
BX	B	-1.82%
KKR	B	-1.46%
APO	A	-1.27%
COIN	C	-0.78%
NU	A	-0.6%
ARES	D	-0.47%
BRO	B	-0.44%
LPLA	B	-0.43%
FCNCA	C	-0.37%
EG	B	-0.34%
FDS	D	-0.33%
WRB	C	-0.33%
RGA	B	-0.29%
HOOD	B	-0.29%
EQH	B	-0.26%
IBKR	B	-0.26%
TW	C	-0.25%
RNR	C	-0.24%
EWBC	C	-0.21%
KNSL	F	-0.18%
AIZ	D	-0.18%
AFG	D	-0.18%
OWL	C	-0.17%
UNM	C	-0.17%
PRI	B	-0.17%
FHN	C	-0.17%
JEF	A	-0.17%
CG	C	-0.17%
MORN	C	-0.16%
SF	A	-0.16%
ORI	C	-0.16%
VOYA	D	-0.15%
WBS	D	-0.15%
GL	C	-0.15%
CBSH	C	-0.14%
WAL	C	-0.14%
SEIC	D	-0.14%
HLI	A	-0.14%
AGNC	B	-0.14%
BEN	D	-0.14%
EVR	A	-0.14%
BPOP	C	-0.13%
SOFI	D	-0.13%
CMA	C	-0.13%
SNV	A	-0.12%
AXS	B	-0.12%
STWD	C	-0.12%
RLI	D	-0.12%
RYAN	B	-0.12%
MTG	B	-0.12%
PNFP	C	-0.12%
XP	F	-0.12%
CFR	C	-0.12%
WTFC	C	-0.12%
ZION	C	-0.12%
PB	C	-0.11%
RITM	D	-0.11%
AMG	C	-0.11%
IVZ	D	-0.11%
FAF	D	-0.11%
OMF	C	-0.11%
JHG	B	-0.1%
FNB	C	-0.1%
OZK	D	-0.09%
AGO	C	-0.09%
THG	C	-0.09%
WTM	B	-0.09%
SLM	C	-0.09%
COLB	D	-0.08%
LAZ	C	-0.08%
TPG	D	-0.07%
CACC	C	-0.07%
KMPR	C	-0.07%
FHB	C	-0.06%
BHF	D	-0.06%
NYCB	F	-0.05%
BOKF	C	-0.05%
RKT	C	-0.04%
VIRT	C	-0.04%
CNA	A	-0.03%
TFSL	C	-0.02%
UWMC	C	-0.02%