FXL vs. WEBL ETF Comparison

Comparison of First Trust Technology AlphaDEX (FXL) to Direxion Daily Dow Jones Internet Bull 3X Shares (WEBL)

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

$134.91

Average Daily Volume

24,304

Number of Holdings ^*

94

* may have additional holdings in another (foreign) market

WEBL

Direxion Daily Dow Jones Internet Bull 3X Shares

WEBL Description

The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the Dow Jones Internet Composite Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments 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 includes companies that generate at least 50% of their annual sales/revenue from the internet as determined by the index provider. It is non-diversified.

Grade (RS Rating)

Last Trade

$17.20

Average Daily Volume

473,048

Number of Holdings ^*

41

* may have additional holdings in another (foreign) market

Performance

Period	FXL	WEBL
30 Days	-0.12%	-1.09%
60 Days	4.28%	-0.35%
90 Days	0.07%	-10.18%
12 Months	22.63%	65.70%

17 Overlapping Holdings

	Symbol	Grade	Weight in FXL	Weight in WEBL	Overlap
	AKAM	F	0.85%	1.04%	0.85%
	CFLT	F	0.63%	0.7%	0.63%
	CRM	D	1.07%	3.41%	1.07%
	DASH	D	1.42%	1.6%	1.42%
	DBX	D	0.59%	0.71%	0.59%
	DDOG	C	0.98%	1.74%	0.98%
	DOCU	D	0.28%	1.04%	0.28%
	GDDY	A	1.6%	1.55%	1.55%
	GOOGL	A	0.81%	5.4%	0.81%
	META	B	1.79%	6.66%	1.79%
	MTCH	F	0.58%	0.87%	0.58%
	NET	C	1.13%	1.33%	1.13%
	NTNX	C	1.5%	1.01%	1.01%
	OKTA	C	0.87%	1.03%	0.87%
	PINS	A	0.42%	1.8%	0.42%
	WDAY	D	0.25%	1.78%	0.25%
	ZM	F	0.6%	1.14%	0.6%

FXL Overweight 77 Positions Relative to WEBL

	Symbol	Grade	Weight
	NVDA	C	2.61%
	PSTG	C	2.28%
	HPE	B	2.14%
	CRWD	A	2.11%
	VRT	C	2.03%
	APP	B	2.03%
	AVGO	C	1.89%
	AVT	B	1.85%
	SWKS	B	1.71%
	NTAP	B	1.7%
	ARW	C	1.69%
	GFS	C	1.69%
	TOST	C	1.68%
	AMAT	B	1.67%
	ON	D	1.67%
	SNX	C	1.63%
	IPGP	F	1.58%
	PLTR	B	1.56%
	CTSH	C	1.56%
	CNXC	F	1.53%
	IAC	F	1.5%
	CRUS	A	1.43%
	ENTG	B	1.36%
	NOW	B	1.33%
	MANH	B	1.32%
	KLAC	B	1.29%
	HPQ	B	1.27%
	SAIC	D	1.23%
	DNB	F	1.23%
	PEGA	C	1.22%
	ORCL	B	1.2%
	DXC	C	1.2%
	CACI	A	1.19%
	INFA	D	1.19%
	LRCX	B	1.17%
	DOX	D	1.17%
	SNPS	B	1.13%
	MSFT	A	1.11%
	MCHP	D	1.09%
	CDNS	B	1.09%
	PCOR	D	1.07%
	SSNC	B	1.0%
	IT	B	0.98%
	PTC	C	0.95%
	FFIV	D	0.93%
	QCOM	C	0.93%
	HUBS	C	0.93%
	AMD	B	0.89%
	GLW	A	0.85%
	APH	B	0.84%
	ADI	B	0.83%
	TXN	B	0.78%
	KBR	C	0.7%
	INTU	C	0.65%
	JBL	F	0.65%
	CDW	D	0.63%
	NCNO	B	0.59%
	S	D	0.54%
	RNG	F	0.54%
	GTLB	F	0.51%
	INTC	F	0.48%
	TER	B	0.44%
	MPWR	B	0.42%
	OLED	B	0.41%
	HCP	A	0.41%
	PANW	B	0.37%
	ESTC	C	0.36%
	ROP	A	0.33%
	ZS	C	0.31%
	ADSK	B	0.31%
	DLB	F	0.31%
	VRSN	C	0.31%
	FTNT	F	0.29%
	IBM	B	0.29%
	MDB	D	0.2%
	DV	D	0.17%
	PATH	D	0.16%

FXL Underweight 24 Positions Relative to WEBL

	Symbol	Grade	Weight
	AMZN	B	-8.36%
	NFLX	B	-4.59%
	GOOG	A	-4.56%
	CSCO	C	-3.42%
	ANET	B	-2.98%
	PYPL	D	-2.41%
	ABNB	C	-2.25%
	EBAY	B	-1.68%
	SNOW	F	-1.67%
	SNAP	B	-1.49%
	VEEV	D	-1.43%
	DKNG	D	-1.42%
	TEAM	D	-1.36%
	CVNA	A	-1.29%
	RBLX	C	-1.24%
	JNPR	B	-1.05%
	SMAR	B	-0.77%
	CIEN	D	-0.73%
	MARA	C	-0.67%
	BOX	D	-0.58%
	ZI	F	-0.54%
	TDOC	F	-0.36%
	COMM	D	-0.29%
	FSLY	F	-0.24%

FXL: Top Represented Industries & Keywords

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

Keywords: S&P 500 Computing Nasdaq 100 Semiconductor Cloud Computing Integrated Circuits Work From Home Cloud Infrastructure Electronics Software As A Service Mobile Devices Operating System Smartphones Software CRM Information And Communications Technology Information Technology Management Systems Integrator Artificial Intelligence Business Intelligence

WEBL: Top Represented Industries & Keywords

Industries: Software - Application Internet Content & Information Software - Infrastructure Communication Equipment Specialty Retail Health Information Services Internet Content & Information Business Services Computer Systems Credit Services Electronic Gaming & Multimedia Gambling Media - Diversified Telecom Services

Keywords: Computing Nasdaq 100 S&P 500 Cloud Computing Mobile Devices Work From Home Cloud Infrastructure Software Telecommunications Cloud Storage Software As A Service Cloud Applications Information And Communications Technology Firewall Hyperscale Application Programming Interface Cloud Platform Computer Networking Content Delivery Content Delivery Networks