FXL vs. CLDL ETF Comparison

Comparison of First Trust Technology AlphaDEX (FXL) to Direxion Daily Cloud Computing Bull 2X Shares (CLDL)

FXL

First Trust Technology AlphaDEX

FXL Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant(R) Technology Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the technology sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$150.61

Average Daily Volume

17,242

Number of Holdings ^*

102

* may have additional holdings in another (foreign) market

CLDL

Direxion Daily Cloud Computing Bull 2X Shares

CLDL Description

The investment seeks daily investment results, before fees and expenses, of 200% of the daily performance of the the Indxx USA Cloud Computing Index. The fund, under normal circumstances, invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. The index is provided by Indxx, LLC and includes domestic companies that deliver cloud computing infrastructure, platforms, or services. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$15.85

Average Daily Volume

15,710

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FXL	CLDL
30 Days	4.77%	34.93%
60 Days	9.09%	51.83%
90 Days	10.99%	66.46%
12 Months	27.57%	75.74%

18 Overlapping Holdings

Symbol	Grade	Weight in FXL	Weight in CLDL	Overlap
ADSK	A	0.66%	3.85%	0.66%
AKAM	F	1.04%	1.86%	1.04%
APPF	C	0.29%	0.64%	0.29%
CRM	B	0.72%	3.6%	0.72%
CRWD	B	0.36%	3.5%	0.36%
DBX	C	1.01%	0.99%	0.99%
DOCU	B	1.53%	2.3%	1.53%
INFA	C	0.3%	0.46%	0.3%
MSTR	B	1.15%	6.88%	1.15%
NOW	B	1.38%	4.5%	1.38%
NTNX	B	1.12%	2.45%	1.12%
ORCL	A	1.3%	4.85%	1.3%
PAYC	B	1.6%	1.59%	1.59%
PYCR	C	0.36%	0.17%	0.17%
RNG	C	1.08%	0.42%	0.42%
TWLO	A	1.39%	2.36%	1.39%
WDAY	C	0.33%	3.28%	0.33%
ZM	B	1.4%	2.72%	1.4%

FXL Overweight 84 Positions Relative to CLDL

Symbol	Grade	Weight
APP	B	3.39%
PLTR	B	2.47%
TOST	A	2.22%
VRT	A	1.89%
DASH	B	1.89%
PEGA	B	1.88%
GWRE	A	1.66%
GFS	C	1.65%
CTSH	B	1.63%
HPE	B	1.62%
DXC	C	1.62%
META	C	1.57%
SMAR	A	1.57%
IPGP	D	1.57%
AVT	C	1.52%
ON	F	1.44%
FTNT	B	1.44%
NVDA	A	1.43%
GDDY	A	1.4%
ARW	D	1.35%
AMKR	F	1.32%
SWKS	F	1.32%
JBL	C	1.28%
DNB	A	1.27%
INTC	C	1.26%
TYL	B	1.25%
HPQ	B	1.21%
CNXC	F	1.21%
DT	D	1.19%
MANH	D	1.18%
AVGO	D	1.17%
DOX	D	1.16%
EPAM	C	1.15%
SNX	C	1.14%
PANW	A	1.08%
S	C	1.07%
DELL	C	1.06%
FFIV	A	1.03%
IT	C	0.99%
CRUS	F	0.97%
SSNC	C	0.93%
HCP	B	0.93%
CACI	D	0.91%
AAPL	C	0.91%
QCOM	F	0.9%
NTAP	C	0.89%
DLB	B	0.89%
AMAT	F	0.86%
SAIC	F	0.84%
MTCH	F	0.77%
MPWR	F	0.74%
DAY	B	0.74%
DV	C	0.71%
GLOB	C	0.68%
APH	B	0.66%
GOOGL	B	0.63%
ROP	C	0.6%
TXN	C	0.59%
LSCC	F	0.57%
VRSN	D	0.57%
IBM	C	0.56%
KBR	F	0.55%
IAC	D	0.52%
U	C	0.49%
MCHP	F	0.48%
OLED	F	0.47%
ONTO	F	0.47%
TER	F	0.47%
KD	A	0.36%
GTLB	B	0.35%
NET	B	0.34%
DDOG	A	0.34%
ANSS	B	0.32%
GEN	B	0.32%
GLW	B	0.31%
PSTG	F	0.29%
MSFT	D	0.29%
MU	D	0.28%
ADI	D	0.27%
SMCI	F	0.26%
KLAC	F	0.25%
AMD	F	0.25%
ALGM	F	0.25%
CDW	F	0.24%

FXL Underweight 29 Positions Relative to CLDL

Symbol	Grade	Weight
TEAM	B	-4.23%
SAP	A	-3.97%
ADBE	D	-3.47%
VEEV	C	-3.32%
SNOW	C	-2.73%
ZS	C	-2.61%
PCTY	B	-1.28%
BILL	A	-1.23%
SPSC	D	-0.92%
ACIW	B	-0.82%
QLYS	C	-0.76%
BOX	B	-0.67%
WK	C	-0.64%
BLKB	C	-0.51%
BL	C	-0.43%
CWAN	B	-0.42%
FRSH	C	-0.4%
ALRM	C	-0.4%
AI	B	-0.39%
FIVN	C	-0.39%
NCNO	B	-0.37%
DOCN	D	-0.28%
ZUO	B	-0.19%
PRO	C	-0.14%
VMEO	B	-0.13%
RDWR	B	-0.12%
BLND	A	-0.1%
ENFN	B	-0.06%
SEMR	C	-0.04%

FXL: Top Represented Industries & Keywords

Industries: Software - Application Semiconductors Software - Infrastructure Information Technology Services Internet Content & Information Semiconductor Equipment & Materials Computer Systems Data Storage Electronic Components Telecom Services Business Services Communication Equipment Computer Hardware Conglomerates Consumer Electronics Contract Manufacturers Diversified Industrials Electronics & Computer Distribution Electronics Distribution Engineering & Construction