LGRO vs. CLDL ETF Comparison

Comparison of Level Four Large Cap Growth Active ETF (LGRO) to Direxion Daily Cloud Computing Bull 2X Shares (CLDL)

LGRO

Level Four Large Cap Growth Active ETF

LGRO Description

The fund invests primarily in equity securities of carefully selected, high-quality U.S. companies. The fund invests primarily in the domestic equity securities of companies selected by Level Four Capital Management, LLC for their growth potential within various market sectors.

Grade (RS Rating)

Last Trade

$34.89

Average Daily Volume

1,987

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CLDL

Direxion Daily Cloud Computing Bull 2X Shares

CLDL Description

The investment seeks daily investment results, before fees and expenses, of 200% of the daily performance of the the Indxx USA Cloud Computing Index. The fund, under normal circumstances, invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, ETFs 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 is provided by Indxx, LLC and includes domestic companies that deliver cloud computing infrastructure, platforms, or services. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$16.41

Average Daily Volume

18,347

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	LGRO	CLDL
30 Days	5.16%	49.19%
60 Days	7.17%	62.48%
90 Days	9.66%	70.58%
12 Months	34.40%	86.27%

6 Overlapping Holdings

Symbol	Grade	Weight in LGRO	Weight in CLDL	Overlap
CRM	B	2.04%	3.6%	2.04%
DOCU	A	2.41%	2.3%	2.3%
NOW	A	2.43%	4.5%	2.43%
PAYC	B	0.99%	1.59%	0.99%
SNOW	C	2.66%	2.73%	2.66%
TWLO	A	2.74%	2.36%	2.36%

LGRO Overweight 41 Positions Relative to CLDL

Symbol	Grade	Weight
AAPL	C	7.16%
MSFT	F	5.75%
AMZN	C	5.56%
GOOGL	C	5.03%
NVDA	C	4.33%
BKNG	A	3.65%
BLK	C	3.47%
PYPL	B	3.31%
META	D	3.28%
LRCX	F	2.72%
UBER	D	2.59%
UNH	C	2.51%
MS	A	2.44%
NFLX	A	2.34%
RH	B	2.23%
MSCI	C	2.16%
HD	A	2.09%
MA	C	1.94%
AVGO	D	1.83%
Z	A	1.49%
MPWR	F	1.49%
MU	D	1.48%
AMAT	F	1.44%
PANW	C	1.14%
PSX	C	1.12%
LMT	D	1.07%
FIS	C	1.05%
ABBV	D	1.03%
URI	B	1.02%
V	A	0.98%
CTSH	B	0.98%
PHM	D	0.97%
VRTX	F	0.96%
MCD	D	0.91%
DIS	B	0.87%
FTV	C	0.85%
TDG	D	0.85%
STZ	D	0.79%
ETSY	D	0.65%
BIIB	F	0.64%
EL	F	0.26%

LGRO Underweight 41 Positions Relative to CLDL

Symbol	Grade	Weight
MSTR	C	-6.88%
ORCL	B	-4.85%
TEAM	A	-4.23%
SAP	B	-3.97%
ADSK	A	-3.85%
CRWD	B	-3.5%
ADBE	C	-3.47%
VEEV	C	-3.32%
WDAY	B	-3.28%
ZM	B	-2.72%
ZS	C	-2.61%
NTNX	A	-2.45%
AKAM	D	-1.86%
PCTY	B	-1.28%
BILL	A	-1.23%
DBX	B	-0.99%
SPSC	C	-0.92%
ACIW	B	-0.82%
QLYS	C	-0.76%
BOX	B	-0.67%
WK	B	-0.64%
APPF	B	-0.64%
BLKB	B	-0.51%
INFA	D	-0.46%
BL	B	-0.43%
RNG	B	-0.42%
CWAN	B	-0.42%
FRSH	C	-0.4%
ALRM	C	-0.4%
AI	B	-0.39%
FIVN	C	-0.39%
NCNO	B	-0.37%
DOCN	D	-0.28%
ZUO	B	-0.19%
PYCR	C	-0.17%
PRO	C	-0.14%
VMEO	B	-0.13%
RDWR	B	-0.12%
BLND	B	-0.1%
ENFN	A	-0.06%
SEMR	B	-0.04%