IWLG vs. WEBL ETF Comparison

Comparison of IQ MacKay Municipal Insured ETF (IWLG) to Direxion Daily Dow Jones Internet Bull 3X Shares (WEBL)

IWLG

IQ MacKay Municipal Insured ETF

IWLG Description

IQ MacKay Municipal Insured ETF seek long-term growth of capital by employing a bottom-up investment process while investing in companies that have the potential for above-average future earnings and cash flow growth. IQ MacKay Municipal Insured ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$47.70

Average Daily Volume

10,115

Number of Holdings ^*

* 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

$26.55

Average Daily Volume

296,416

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IWLG	WEBL
30 Days	3.60%	36.29%
60 Days	5.25%	44.77%
90 Days	7.23%	58.89%
12 Months	37.83%	134.33%

7 Overlapping Holdings

Symbol	Grade	Weight in IWLG	Weight in WEBL	Overlap
AMZN	C	8.27%	6.28%	6.28%
BKNG	A	0.55%	3.21%	0.55%
GOOG	C	2.44%	2.89%	2.44%
GOOGL	C	2.42%	3.49%	2.42%
META	D	5.28%	6.18%	5.28%
NFLX	A	1.8%	5.54%	1.8%
WDAY	B	1.76%	1.8%	1.76%

IWLG Overweight 35 Positions Relative to WEBL

Symbol	Grade	Weight
MSFT	F	12.49%
NVDA	C	7.8%
AAPL	C	6.63%
AVGO	D	4.01%
LLY	F	2.51%
SPOT	B	2.49%
MA	C	2.33%
ISRG	A	2.23%
GE	D	2.0%
KKR	A	1.99%
TT	A	1.86%
AMD	F	1.78%
NOW	A	1.75%
FICO	B	1.73%
ETN	A	1.62%
INTU	C	1.55%
TSLA	B	1.52%
UBER	D	1.51%
MELI	D	1.49%
LRCX	F	1.43%
CMG	B	1.34%
SBUX	A	1.27%
ORCL	B	1.22%
SYK	C	1.19%
ORLY	B	1.19%
SHOP	B	1.11%
SNPS	B	1.07%
WCN	A	1.07%
ASML	F	1.05%
HLT	A	1.03%
VMC	B	0.97%
TXN	C	0.97%
ALNY	D	0.95%
BSX	B	0.95%
ADBE	C	0.84%

IWLG Underweight 34 Positions Relative to WEBL

Symbol	Grade	Weight
CRM	B	-4.93%
CSCO	B	-2.91%
ANET	C	-2.78%
PYPL	B	-2.78%
ABNB	C	-1.87%
DASH	A	-1.84%
CPRT	A	-1.6%
SNOW	C	-1.43%
DDOG	A	-1.32%
TEAM	A	-1.27%
HUBS	A	-1.14%
VEEV	C	-1.07%
EBAY	D	-0.97%
NET	B	-0.91%
RBLX	C	-0.9%
CVNA	B	-0.88%
GDDY	A	-0.83%
ZM	B	-0.67%
DKNG	B	-0.64%
NTNX	A	-0.56%
PINS	D	-0.56%
DOCU	A	-0.52%
VRSN	F	-0.49%
AKAM	D	-0.44%
JNPR	F	-0.4%
OKTA	C	-0.39%
PAYC	B	-0.36%
CIEN	B	-0.32%
SMAR	A	-0.24%
CFLT	B	-0.23%
DBX	B	-0.21%
MARA	C	-0.2%
BOX	B	-0.16%
ZI	D	-0.1%