FMCX vs. WFH ETF Comparison

Comparison of FMC Excelsior Focus Equity ETF (FMCX) to Direxion Work From Home ETF (WFH)

FMCX

FMC Excelsior Focus Equity ETF

FMCX Description

The fund is an actively managed exchange-traded fund (?ETF?) that, during normal market conditions, seeks to invest in approximately 25-30 U.S. exchange-traded common stocks of companies that are listed on U.S. national securities exchanges and trade contemporaneously with the shares of the fund. The fund adviser may also hold concentrated positions in common stocks, although the fund?s guidelines provide that no single investment should generally be more than 10% of the fund?s portfolio at acquisition. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$31.80

Average Daily Volume

Number of Holdings ^*

* may have additional holdings in another (foreign) market

WFH

Direxion Work From Home ETF

WFH Description

The Direxion Work From Home ETF offers exposure to companies across four technology pillars, allowing investors to gain exposure to those companies that stand to benefit from an increasingly flexible work environment. The four pillars include Cloud Technologies, Cybersecurity, Online Project and Document Management, and Remote Communications. Companies are selected for inclusion in the index by ARTIS, a proprietary natural language processing algorithm, which uses key words to evaluate large volumes of publicly available information, such as annual reports, business descriptions and financial news.

Grade (RS Rating)

Last Trade

$64.21

Average Daily Volume

995

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FMCX	WFH
30 Days	0.15%	6.83%
60 Days	2.99%	11.21%
90 Days	6.20%	12.83%
12 Months	25.02%	29.14%

3 Overlapping Holdings

Symbol	Grade	Weight in FMCX	Weight in WFH	Overlap
AMZN	C	5.01%	2.63%	2.63%
GOOGL	C	1.77%	2.42%	1.77%
MSFT	D	4.79%	2.25%	2.25%

FMCX Overweight 49 Positions Relative to WFH

Symbol	Grade	Weight
AAPL	C	6.93%
UNH	B	6.84%
KKR	A	6.14%
IAC	F	5.35%
GDDY	A	4.98%
LBRDK	C	4.24%
LSXMK	D	4.22%
GGG	B	3.98%
PYPL	B	3.9%
MTCH	D	3.18%
LSXMA	D	1.79%
LBRDA	C	1.74%
PG	C	1.3%
PM	B	1.21%
YUM	D	1.18%
CMCSA	B	1.13%
MCD	D	1.12%
AMGN	F	1.11%
KEYS	A	1.06%
VUSB	A	0.92%
ICSH	A	0.92%
GILD	C	0.87%
CL	D	0.85%
MO	A	0.84%
ENTG	D	0.82%
ARWR	D	0.72%
NKE	F	0.68%
HON	C	0.6%
DHR	F	0.55%
GOOG	C	0.5%
BAX	F	0.47%
YUMC	C	0.42%
MUSA	B	0.4%
SPGI	C	0.37%
MTX	B	0.33%
KEX	B	0.33%
EQR	C	0.3%
JPM	A	0.3%
MUR	D	0.25%
V	A	0.21%
FWONK	A	0.21%
BKNG	A	0.19%
FLWS	D	0.15%
GD	D	0.13%
BATRK	D	0.11%
PNR	A	0.1%
FWONA	A	0.05%
VMEO	B	0.03%
BATRA	F	0.02%

FMCX Underweight 37 Positions Relative to WFH

Symbol	Grade	Weight
TEAM	A	-3.32%
HUBS	A	-3.04%
DOCU	B	-3.02%
CRM	B	-2.89%
ZS	B	-2.86%
CRWD	B	-2.86%
ORCL	A	-2.86%
PEGA	B	-2.81%
ATUS	B	-2.76%
MRVL	B	-2.76%
RNG	C	-2.72%
NOW	A	-2.68%
FTNT	C	-2.65%
DDOG	A	-2.61%
ZM	C	-2.61%
S	B	-2.55%
NET	B	-2.54%
SMAR	A	-2.54%
CSCO	B	-2.51%
PANW	B	-2.46%
META	D	-2.43%
AVGO	D	-2.38%
MOMO	D	-2.34%
CYBR	A	-2.34%
NTCT	C	-2.32%
DOCN	C	-2.3%
YY	B	-2.29%
WDAY	B	-2.26%
BOX	B	-2.25%
IBM	C	-2.21%
OKTA	C	-2.2%
SNX	D	-2.16%
NTAP	C	-2.14%
VZ	C	-2.12%
VRNS	D	-2.04%
ADBE	C	-1.98%
XRX	F	-1.66%