FTXN vs. DRIP ETF Comparison
Comparison of First Trust Nasdaq Oil & Gas ETF (FTXN) to Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares (DRIP)
FTXN
First Trust Nasdaq Oil & Gas ETF
FTXN Description
The First Trust Nasdaq Oil & Gas ETF is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before the Fund's fees and expenses, of an index called the Nasdaq US Smart Oil & Gas Index. The Fund seeks to replicate the holdings and weightings of the Nasdaq US Smart Oil & Gas Index so as to generate performance results 95% correlated to that of the Nasdaq US Smart Oil & Gas Index.
Grade (RS Rating)
Last Trade
$32.19
Average Daily Volume
38,894
42
DRIP
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares
DRIP Description
The investment seeks daily investment results, of 300% of the inverse (or opposite) of the performance of the S&P Oil & Gas Exploration & Production Select Industry Index ("index"). The index is provided by S&P and includes domestic companies from the oil and gas exploration and production sub-industry. The fund normally creates short positions by investing at least 80% of its assets in: swap agreements; options on securities and indices; forward contracts; short positions; reverse repurchase agreements; ETFs; and other financial instruments that, in combination, provide inverse leveraged and unleveraged exposure to the index. It is non-diversified.Grade (RS Rating)
Last Trade
$8.86
Average Daily Volume
1,492,326
35
Performance
| Period | FTXN | DRIP |
|---|---|---|
| 30 Days | 1.95% | -2.10% |
| 60 Days | 12.24% | -18.62% |
| 90 Days | 19.85% | -29.71% |
| 12 Months | 21.77% | -35.65% |
21 Overlapping Holdings
| Symbol | Grade | Weight in FTXN | Weight in DRIP | Overlap | |
|---|---|---|---|---|---|
| APA | B | 1.71% | 3.67% | 1.71% | |
| CNX | A | 0.52% | 1.51% | 0.52% | |
| COP | A | 8.16% | 2.49% | 2.49% | |
| CRC | A | 0.47% | 1.13% | 0.47% | |
| CVI | C | 0.47% | 0.96% | 0.47% | |
| CVX | A | 7.37% | 2.35% | 2.35% | |
| DVN | A | 3.87% | 2.64% | 2.64% | |
| EOG | A | 4.14% | 2.71% | 2.71% | |
| FANG | A | 3.28% | 2.52% | 2.52% | |
| MGY | A | 0.52% | 0.62% | 0.52% | |
| MPC | A | 7.97% | 2.33% | 2.33% | |
| MRO | A | 2.32% | 2.49% | 2.32% | |
| MTDR | A | 0.98% | 2.02% | 0.98% | |
| NOG | A | 0.71% | 0.54% | 0.54% | |
| OXY | A | 6.35% | 2.91% | 2.91% | |
| PBF | A | 0.83% | 2.49% | 0.83% | |
| PSX | A | 3.92% | 2.19% | 2.19% | |
| RRC | A | 0.53% | 2.2% | 0.53% | |
| SM | A | 0.89% | 1.98% | 0.89% | |
| VLO | A | 4.23% | 2.33% | 2.33% | |
| XOM | A | 8.13% | 2.37% | 2.37% |
FTXN Overweight 21 Positions Relative to DRIP
FTXN: Top Represented Industries & Keywords
DRIP: Top Represented Industries & Keywords
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