JDST vs. DULL ETF Comparison

Comparison of Direxion Daily Junior Gold Miners Index Bear 3X Shares (JDST) to Bank Of Montreal MicroSectors Gold -3X Inverse Leveraged ETNs due January 29, 2043 (DULL)

JDST

Direxion Daily Junior Gold Miners Index Bear 3X Shares

JDST Description

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the Market VectorsTM Junior Gold Miners Index. The fund creates short positions by investing at least 80% of its assets in: futures contracts; options on securities, indices and futures contracts; equity caps, floors and collars; swap agreements; forward contracts; short positions; reverse repurchase agreements; exchange-traded funds ("ETFs"); and other financial instruments. The index tracks the performance of Small and mid capitalization companies in the global gold and silver mining industry. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$3.63

Average Daily Volume

11,375,038

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DULL

Bank Of Montreal MicroSectors Gold -3X Inverse Leveraged ETNs due January 29, 2043

DULL Description

The notes are designed to reflect a 3x leveraged inverse exposure to the inverse performance of the ETF on a daily basis. The notes are riskier than securities that have intermediate- or long-term investment objectives, and may not be suitable for investors who plan to hold them for a period other than one day or who have a "buy and hold" strategy.

Grade (RS Rating)

Last Trade

$11.73

Average Daily Volume

3,215

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	JDST	DULL
30 Days	-8.72%	-1.69%
60 Days	-31.60%	-23.56%
90 Days	-50.26%	-39.57%
12 Months	-30.34%	-34.86%

0 Overlapping Holdings

	Symbol	Grade	Weight in JDST	Weight in DULL	Overlap

JDST Overweight 1 Positions Relative to DULL

	Symbol	Grade	Weight
	GDXJ	B	9.19%

JDST Underweight 10 Positions Relative to DULL

Symbol	Grade	Weight
WPM	B	-11.85%
PAAS	B	-5.16%
CDE	B	-5.05%
HL	C	-4.81%
AGI	B	-4.45%
SSRM	D	-4.32%
MAG	B	-2.88%
SVM	B	-1.62%
MUX	C	-1.57%
EXK	C	-1.03%

JDST: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Gold Mining Gold Mining Industry Mining Occupational Safety And Health Silver Mining Sovereign Wealth Funds Stock Fund

DULL: Top Represented Industries & Keywords

Industries: Silver Gold Industrial Metals & Minerals