NUGT vs. LALT ETF Comparison

Comparison of Direxion Daily Gold Miners Bull 3X Shares (NUGT) to First Trust Exchange-Traded Fund VIII First Trust Multi-Strategy Alternative ETF (LALT)

NUGT

Direxion Daily Gold Miners Bull 3X Shares

NUGT Description

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the NYSE Arca Gold Miners Index. The fund creates long positions by investing at least 80% of assets in the equity securities that comprise the index and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is a modified market capitalization weighted index comprised of publicly traded companies that operate globally in both developed and emerging markets, and are involved primarily in the mining for gold and silver. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$37.51

Average Daily Volume

2,060,702

Number of Holdings ^*

1

* may have additional holdings in another (foreign) market

LALT

First Trust Exchange-Traded Fund VIII First Trust Multi-Strategy Alternative ETF

LALT Description

The investment seeks a positive total return that has a low correlation to the broader securities markets. The fund is an actively managed exchange-traded fund (ETF) that seeks to achieve its investment objective by investing in a combination of equity securities, financial futures contracts, forward currency contracts and other securities. The sub-adviser selects investments for inclusion in the fund's portfolio with reference to the components of the Morgan Stanley Multi-Strategy Alternative Index (the Benchmark) through a quantitative process that seeks to exceed the Benchmark's performance.

Grade (RS Rating)

Last Trade

$20.71

Average Daily Volume

1,907

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

Performance

Period	NUGT	LALT
30 Days	-9.44%	1.06%
60 Days	-7.21%	0.26%
90 Days	14.13%	-0.31%
12 Months	9.95%	6.60%

0 Overlapping Holdings

	Symbol	Grade	Weight in NUGT	Weight in LALT	Overlap

NUGT Overweight 1 Positions Relative to LALT

	Symbol	Grade	Weight
	GDX	C	52.38%

NUGT Underweight 8 Positions Relative to LALT

	Symbol	Grade	Weight
	FAAR	C	-21.57%
	FMF	C	-20.8%
	FTLS	A	-17.55%
	UCON	A	-12.5%
	MARB	F	-12.06%
	IAU	D	-5.36%
	FTGC	D	-5.2%
	IEF	A	-4.94%

NUGT: Top Represented Industries & Keywords

Industries:

Keywords: American Depositary Receipt ETF Exchange Traded Fund Gold Mining Gold Mining Industry Nyse Arca Gold Miners Index Stock Fund Stock Market Index

LALT: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Fund ETF Exchange Traded Funds Commodity Markets Absolute Return American Depositary Receipt Bear Market ETF Betashares Bloomberg Barclays Us Aggregate Bond Index Bond Bond Market Bullion Commercial Mortgage Backed Security Commodity Commodity Pool Depositary Receipt Exchange Government Bonds Index Fund Inverse ETF