ITAN vs. TECL ETF Comparison

Comparison of Sparkline Intangible Value ETF (ITAN) to Direxion Technology Bull 3X Shares (TECL)

ITAN

Sparkline Intangible Value ETF

ITAN Description

The investment seeks long-term capital appreciation. The fund is an actively-managed exchange-traded fund (âETFâ). The fund will invest in U.S.-listed equity securities that Sparkline Capital LP (the âSub-Adviserâ) believes are attractive relative to its proprietary measure of âintangible-augmented intrinsic value.â The fundâs investments may include common stocks and Real Estate Investment Trusts (REITs). Although the fund will not concentrate its investments in a particular industry, the Sub-Adviser anticipates that fund will hold a meaningful amount of stocks in the technology, communications, healthcare, and consumer discretionary sectors.

Grade (RS Rating)

Last Trade

$32.05

Average Daily Volume

1,878

Number of Holdings ^*

151

* may have additional holdings in another (foreign) market

TECL

Direxion Technology Bull 3X Shares

TECL Description

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the Technology Select Sector Index. The fund creates long positions by investing at least 80% of its assets in the securities that comprise the index and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index includes domestic companies from the following industries: computers & peripherals; software; diversified telecommunications services; communications equipment; semiconductors & seminconductor equipment; internet software & services; IT services; etc. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$93.62

Average Daily Volume

1,020,329

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ITAN	TECL
30 Days	5.34%	4.53%
60 Days	7.33%	11.91%
90 Days	9.71%	6.58%
12 Months	31.35%	57.43%

25 Overlapping Holdings

Symbol	Grade	Weight in ITAN	Weight in TECL	Overlap
ACN	C	1.6%	1.56%	1.56%
ADSK	A	0.64%	0.46%	0.46%
AKAM	D	0.32%	0.09%	0.09%
CRM	B	2.14%	2.22%	2.14%
CSCO	B	1.78%	1.61%	1.61%
CTSH	B	0.8%	0.28%	0.28%
DELL	C	1.11%	0.27%	0.27%
FFIV	B	0.46%	0.1%	0.1%
GLW	B	0.59%	0.25%	0.25%
HPE	B	0.63%	0.19%	0.19%
HPQ	B	0.72%	0.25%	0.25%
IBM	C	1.69%	1.33%	1.33%
INTC	D	1.26%	0.74%	0.74%
JBL	B	0.37%	0.1%	0.1%
JNPR	F	0.42%	0.09%	0.09%
NTAP	C	0.6%	0.17%	0.17%
NXPI	D	0.66%	0.39%	0.39%
ORCL	B	2.31%	2.06%	2.06%
PANW	C	0.89%	0.88%	0.88%
QCOM	F	1.55%	1.26%	1.26%
QRVO	F	0.2%	0.04%	0.04%
SWKS	F	0.32%	0.09%	0.09%
TRMB	B	0.43%	0.12%	0.12%
WDC	D	0.53%	0.14%	0.14%
ZBRA	B	0.46%	0.14%	0.14%

ITAN Overweight 126 Positions Relative to TECL

Symbol	Grade	Weight
AMZN	C	4.86%
META	D	2.87%
GOOGL	C	2.09%
GOOG	C	2.09%
T	A	1.55%
WFC	A	1.51%
TMUS	B	1.42%
VZ	C	1.3%
PFE	D	1.28%
RTX	C	1.23%
HON	B	1.21%
MDT	D	1.18%
DIS	B	1.1%
PYPL	B	1.1%
COF	B	1.09%
CMCSA	B	1.06%
TGT	F	1.03%
BMY	B	1.03%
GM	B	1.0%
BA	F	0.96%
GILD	C	0.92%
NOC	D	0.91%
CVS	D	0.9%
MMM	D	0.89%
SQ	B	0.87%
FDX	B	0.85%
CMI	A	0.84%
F	C	0.82%
LHX	C	0.74%
CHTR	C	0.72%
ALL	A	0.72%
DASH	A	0.71%
BDX	F	0.7%
GD	F	0.7%
WDAY	B	0.7%
UAL	A	0.7%
JCI	C	0.69%
EBAY	D	0.66%
DAL	C	0.6%
EXPE	B	0.58%
CVNA	B	0.56%
LDOS	C	0.55%
CNC	D	0.54%
ZM	B	0.54%
ILMN	D	0.54%
WBD	C	0.53%
DOCU	A	0.53%
EA	A	0.53%
CAH	B	0.53%
PRU	A	0.53%
HUM	C	0.53%
SNAP	C	0.51%
KR	B	0.51%
ZS	C	0.51%
TWLO	A	0.49%
NTNX	A	0.49%
VTRS	A	0.49%
BAH	F	0.47%
BBY	D	0.46%
IQV	D	0.46%
J	F	0.45%
ROK	B	0.45%
LH	C	0.45%
OKTA	C	0.44%
BAX	D	0.44%
DD	D	0.44%
DGX	A	0.43%
BIIB	F	0.42%
ACM	A	0.42%
CIEN	B	0.41%
CACI	D	0.41%
LMT	D	0.39%
PSTG	D	0.39%
ROKU	D	0.39%
AAL	B	0.38%
LUMN	C	0.37%
JLL	D	0.37%
LYFT	C	0.37%
DBX	B	0.37%
DVA	B	0.36%
IP	B	0.34%
EMN	D	0.34%
TRU	D	0.34%
TPR	B	0.34%
NWSA	B	0.33%
JAZZ	B	0.32%
ALLY	C	0.32%
TAP	C	0.31%
ELAN	D	0.3%
ACI	C	0.3%
TXT	D	0.3%
SWK	D	0.29%
ETSY	D	0.29%
WBA	F	0.29%
ANF	C	0.28%
G	B	0.28%
PARA	C	0.28%
RIVN	F	0.27%
BIO	D	0.27%
WHR	B	0.27%
HAS	D	0.26%
MASI	A	0.26%
BOX	B	0.26%
EXAS	D	0.26%
FAF	A	0.25%
W	F	0.25%
U	C	0.25%
PATH	C	0.24%
DOX	D	0.24%
ALK	C	0.24%
GAP	C	0.24%
IVZ	B	0.24%
MAT	D	0.24%
UAA	C	0.24%
ARW	D	0.23%
FLS	B	0.23%
MTCH	D	0.23%
BWA	D	0.22%
NOV	C	0.22%
RHI	B	0.22%
HRB	D	0.21%
AGCO	D	0.19%
HOG	D	0.19%
M	D	0.16%
RUN	F	0.14%
XRAY	F	0.13%

ITAN Underweight 43 Positions Relative to TECL

Symbol	Grade	Weight
NVDA	C	-9.56%
AAPL	C	-9.18%
MSFT	F	-8.4%
AVGO	D	-2.77%
ADBE	C	-1.62%
AMD	F	-1.55%
NOW	A	-1.48%
INTU	C	-1.35%
TXN	C	-1.3%
AMAT	F	-1.06%
PLTR	B	-0.82%
MU	D	-0.76%
ADI	D	-0.73%
ANET	C	-0.69%
LRCX	F	-0.67%
KLAC	D	-0.6%
APH	A	-0.6%
SNPS	B	-0.58%
MSI	B	-0.57%
CDNS	B	-0.57%
CRWD	B	-0.55%
ROP	B	-0.42%
FTNT	C	-0.41%
FICO	B	-0.39%
IT	C	-0.29%
MCHP	D	-0.24%
ANSS	B	-0.21%
ON	D	-0.2%
KEYS	A	-0.19%
MPWR	F	-0.19%
GDDY	A	-0.18%
TYL	B	-0.18%
CDW	F	-0.17%
PTC	A	-0.16%
TDY	B	-0.15%
STX	D	-0.14%
FSLR	F	-0.14%
TER	D	-0.12%
VRSN	F	-0.11%
GEN	B	-0.11%
EPAM	C	-0.1%
ENPH	F	-0.06%
SMCI	F	-0.06%