FXL vs. SOXL ETF Comparison

Comparison of First Trust Technology AlphaDEX (FXL) to Direxion Daily Semiconductor Bull 3x Shares (SOXL)

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

$151.43

Average Daily Volume

17,215

Number of Holdings ^*

102

* may have additional holdings in another (foreign) market

SOXL

Direxion Daily Semiconductor Bull 3x Shares

SOXL Description

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the PHLX Semiconductor Sector Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the PHLX Semiconductor Sector Index ("index") and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index measures the performance of the semiconductor subsector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$28.49

Average Daily Volume

82,183,011

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FXL	SOXL
30 Days	7.01%	-17.87%
60 Days	10.63%	-14.93%
90 Days	10.92%	-29.36%
12 Months	29.05%	24.82%

18 Overlapping Holdings

Symbol	Grade	Weight in FXL	Weight in SOXL	Overlap
ADI	D	0.27%	2.69%	0.27%
AMAT	F	0.86%	2.81%	0.86%
AMD	F	0.25%	5.57%	0.25%
AVGO	D	1.17%	6.23%	1.17%
INTC	C	1.26%	3.38%	1.26%
KLAC	F	0.25%	2.35%	0.25%
LSCC	D	0.57%	0.52%	0.52%
MCHP	F	0.48%	2.38%	0.48%
MPWR	F	0.74%	1.84%	0.74%
MU	D	0.28%	3.07%	0.28%
NVDA	B	1.43%	7.32%	1.43%
OLED	F	0.47%	0.55%	0.47%
ON	D	1.44%	2.14%	1.44%
ONTO	F	0.47%	0.61%	0.47%
QCOM	F	0.9%	4.35%	0.9%
SWKS	F	1.32%	1.0%	1.0%
TER	F	0.47%	1.28%	0.47%
TXN	C	0.59%	4.47%	0.59%

FXL Overweight 84 Positions Relative to SOXL

Symbol	Grade	Weight
APP	B	3.39%
PLTR	B	2.47%
TOST	B	2.22%
VRT	B	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	B	1.62%
PAYC	B	1.6%
META	D	1.57%
SMAR	B	1.57%
IPGP	D	1.57%
DOCU	B	1.53%
AVT	C	1.52%
FTNT	C	1.44%
GDDY	A	1.4%
ZM	C	1.4%
TWLO	A	1.39%
NOW	A	1.38%
ARW	D	1.35%
AMKR	D	1.32%
ORCL	A	1.3%
JBL	C	1.28%
DNB	B	1.27%
TYL	B	1.25%
HPQ	B	1.21%
CNXC	F	1.21%
DT	D	1.19%
MANH	D	1.18%
DOX	D	1.16%
EPAM	B	1.15%
MSTR	B	1.15%
SNX	D	1.14%
NTNX	B	1.12%
PANW	B	1.08%
RNG	C	1.08%
S	B	1.07%
DELL	B	1.06%
AKAM	D	1.04%
FFIV	B	1.03%
DBX	B	1.01%
IT	C	0.99%
CRUS	D	0.97%
SSNC	B	0.93%
HCP	B	0.93%
CACI	D	0.91%
AAPL	C	0.91%
NTAP	C	0.89%
DLB	B	0.89%
SAIC	F	0.84%
MTCH	D	0.77%
DAY	B	0.74%
CRM	B	0.72%
DV	C	0.71%
GLOB	B	0.68%
ADSK	A	0.66%
APH	A	0.66%
GOOGL	C	0.63%
ROP	B	0.6%
VRSN	C	0.57%
IBM	C	0.56%
KBR	F	0.55%
IAC	F	0.52%
U	C	0.49%
PYCR	B	0.36%
CRWD	B	0.36%
KD	B	0.36%
GTLB	B	0.35%
NET	B	0.34%
DDOG	A	0.34%
WDAY	B	0.33%
ANSS	B	0.32%
GEN	B	0.32%
GLW	B	0.31%
INFA	D	0.3%
APPF	B	0.29%
PSTG	D	0.29%
MSFT	D	0.29%
SMCI	F	0.26%
ALGM	D	0.25%
CDW	F	0.24%

FXL Underweight 12 Positions Relative to SOXL

Symbol	Grade	Weight
MRVL	B	-3.54%
TSM	B	-3.01%
LRCX	F	-2.71%
NXPI	D	-2.6%
ASML	F	-2.1%
ENTG	D	-1.14%
MKSI	C	-0.57%
STM	F	-0.52%
QRVO	F	-0.47%
ASX	D	-0.46%
ARM	F	-0.38%
UMC	F	-0.38%

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