MSFX vs. IYW ETF Comparison
Comparison of T-Rex 2X Long Microsoft Daily Target ETF (MSFX) to iShares U.S. Technology ETF (IYW)
MSFX
T-Rex 2X Long Microsoft Daily Target ETF
MSFX Description
The fund, under normal circumstances, invests in swap agreements that provide 200% daily exposure to MSFT equal to at least 80% of its net assets (plus any borrowings for investment purposes). It will enter into one or more swap agreements with major global financial institutions whereby the fund and the global financial institution will agree to exchange the return earned on an investment by the fund in MSFT that is equal, on a daily basis, to 200% of the value of the fund"s net assets. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$25.58
Average Daily Volume
33,738
1
IYW
iShares U.S. Technology ETF
IYW Description
The investment seeks to track the investment results of an index composed of U.S. equities in the technology sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Technology Index (the "underlying index"), which measures the performance of the technology sector of the U.S. equity market. The underlying index may include large-, mid- or small-capitalization companies, and components primarily include technology companies. The fund is non-diversified.Grade (RS Rating)
Last Trade
$158.97
Average Daily Volume
661,743
10
Performance
Period | MSFX | IYW |
---|---|---|
30 Days | -7.95% | 1.73% |
60 Days | -12.40% | 6.47% |
90 Days | -5.57% | 6.50% |
12 Months | 35.81% |
1 Overlapping Holdings
Symbol | Grade | Weight in MSFX | Weight in IYW | Overlap | |
---|---|---|---|---|---|
MSFT | D | 70.38% | 14.29% | 14.29% |
MSFX Overweight 0 Positions Relative to IYW
Symbol | Grade | Weight |
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MSFX: Top Represented Industries & Keywords
IYW: Top Represented Industries & Keywords