FAZ vs. RWO ETF Comparison

Comparison of Direxion Financial Bear 3X Shares (FAZ) to SPDR DJ Wilshire Global Real Estate ETF (RWO)

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

$10.69

Average Daily Volume

2,944,581

Number of Holdings ^*

* may have additional holdings in another (foreign) market

RWO

SPDR DJ Wilshire Global Real Estate ETF

RWO Description

The investment seeks investment results that, before fees and expenses, correspond generally to the total return performance of an index. The fund employs a sampling strategy in seeking to track the performance of the Dow Jones Global Select Real Estate Securities Indexsm. It invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in ADRs or GDRs based on securities comprising the index. The index is a float-adjusted market capitalization index designed to measure the performance of publicly traded global real estate securities. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$41.51

Average Daily Volume

60,803

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	FAZ	RWO
30 Days	5.84%	-0.60%
60 Days	-0.74%	3.49%
90 Days	3.79%	-1.24%
12 Months	-45.64%	6.61%

23 Overlapping Holdings

Symbol	Grade	Weight in FAZ	Weight in RWO	Overlap
ARE	C	0.3%	1.37%	0.3%
AVB	A	0.48%	2.11%	0.48%
BXP	C	0.34%	0.66%	0.34%
DLR	B	0.41%	3.59%	0.41%
ELS	C	0.2%	0.86%	0.2%
EQIX	C	0.8%	5.34%	0.8%
EQR	A	0.48%	1.69%	0.48%
ESS	B	0.33%	1.31%	0.33%
EXR	A	0.22%	2.49%	0.22%
HST	C	0.2%	0.96%	0.2%
INVH	A	0.26%	1.5%	0.26%
MAA	B	0.24%	1.2%	0.24%
MPW	C	0.18%	0.22%	0.18%
O	C	0.4%	3.29%	0.4%
PLD	C	0.95%	7.71%	0.95%
PSA	B	0.52%	3.32%	0.52%
SPG	B	0.73%	3.68%	0.73%
SUI	D	0.23%	1.07%	0.23%
UDR	B	0.22%	0.9%	0.22%
VNO	C	0.19%	0.3%	0.19%
VTR	A	0.35%	1.5%	0.35%
WELL	B	0.56%	4.27%	0.56%
WPC	D	0.23%	0.91%	0.23%

FAZ Overweight 74 Positions Relative to RWO

Symbol	Grade	Weight
BRK.A	C	7.22%
JPM	B	6.91%
V	C	5.62%
MA	C	4.6%
BAC	B	4.53%
WFC	C	3.0%
C	D	2.84%
PYPL	D	2.19%
AMT	B	1.64%
FIS	B	1.44%
AXP	C	1.41%
USB	C	1.27%
GS	B	1.27%
TFC	C	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%
GPN	F	0.95%
MMC	A	0.93%
SCHW	C	0.89%
ICE	A	0.85%
AON	C	0.79%
COF	D	0.78%
AIG	C	0.74%
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	C	0.58%
STT	D	0.48%
TROW	B	0.48%
SBAC	D	0.45%
DFS	B	0.42%
WTW	B	0.42%
SQ	F	0.38%
MSCI	D	0.37%
WY	D	0.37%
SYF	B	0.37%
AMP	A	0.35%
HIG	A	0.35%
NTRS	C	0.34%
MTB	C	0.34%
CBRE	B	0.33%
FITB	C	0.33%
KEY	D	0.31%
EFX	B	0.3%
ACGL	A	0.28%
TRU	C	0.28%
CFG	C	0.28%
AJG	A	0.28%
CINF	C	0.26%
MKL	B	0.26%
PFG	C	0.25%
RF	C	0.25%
BR	B	0.24%
HBAN	C	0.24%
L	C	0.22%
MKTX	F	0.22%
NLY	B	0.22%
FNF	C	0.2%
NDAQ	C	0.2%
ALLY	B	0.19%
FICO	A	0.19%
WU	C	0.19%
LNC	B	0.19%
RJF	C	0.19%
JKHY	C	0.18%

FAZ Underweight 77 Positions Relative to RWO

Symbol	Grade	Weight
DOC	B	-1.03%
KIM	B	-0.93%
CPT	A	-0.85%
AMH	C	-0.84%
REG	B	-0.75%
CUBE	B	-0.74%
REXR	C	-0.71%
OHI	A	-0.59%
EGP	C	-0.59%
NNN	B	-0.57%
FRT	C	-0.56%
COLD	C	-0.51%
BRX	B	-0.5%
FR	D	-0.47%
STAG	C	-0.47%
ADC	B	-0.45%
RHP	D	-0.44%
AIRC	A	-0.42%
TRNO	C	-0.41%
KRG	B	-0.36%
EPRT	B	-0.32%
IRT	A	-0.3%
PECO	C	-0.29%
SLG	B	-0.27%
CUZ	C	-0.26%
CTRE	B	-0.25%
KRC	F	-0.25%
NSA	A	-0.24%
MAC	D	-0.24%
EPR	C	-0.23%
APLE	D	-0.23%
PK	D	-0.23%
BNL	B	-0.22%
SKT	D	-0.22%
IIPR	B	-0.22%
NHI	B	-0.21%
SITC	B	-0.2%
HIW	B	-0.2%
LXP	B	-0.19%
FCPT	B	-0.17%
DEI	C	-0.17%
SHO	D	-0.16%
UE	A	-0.16%
EQC	B	-0.15%
DBRG	F	-0.14%
PEB	D	-0.13%
DRH	D	-0.13%
AKR	B	-0.13%
ROIC	D	-0.12%
GNL	D	-0.11%
RLJ	D	-0.11%
XHR	D	-0.11%
GTY	D	-0.1%
DEA	B	-0.09%
NTST	D	-0.09%
ESRT	D	-0.09%
JBGS	C	-0.09%
CSR	B	-0.08%
AAT	B	-0.08%
AIV	D	-0.08%
KW	C	-0.08%
UMH	C	-0.07%
PGRE	F	-0.06%
PLYM	C	-0.06%
BDN	D	-0.06%
SVC	D	-0.06%
NXRT	B	-0.06%
PDM	B	-0.06%
INN	D	-0.05%
UHT	B	-0.04%
GMRE	C	-0.04%
CHCT	F	-0.04%
DHC	C	-0.04%
HPP	D	-0.04%
CLDT	F	-0.03%
OPI	C	-0.01%
SRG	F	-0.01%