QUAL vs. TECL ETF Comparison

Comparison of iShares MSCI USA Quality Factor ETF (QUAL) to Direxion Technology Bull 3X Shares (TECL)

QUAL

iShares MSCI USA Quality Factor ETF

QUAL Description

The investment seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks with quality characteristics as identified through certain fundamental metrics. The fund seeks to track the investment results of the MSCI USA Quality Index (the "underlying index"), which is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid-capitalization stocks. It generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$182.75

Average Daily Volume

893,947

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

TECL

Direxion Technology Bull 3X Shares

TECL Description

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the Technology Select Sector Index. The fund creates long positions by investing at least 80% of its assets in the securities that comprise the index and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index includes domestic companies from the following industries: computers & peripherals; software; diversified telecommunications services; communications equipment; semiconductors & seminconductor equipment; internet software & services; IT services; etc. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$93.62

Average Daily Volume

1,020,329

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QUAL	TECL
30 Days	1.61%	4.53%
60 Days	2.39%	11.91%
90 Days	3.34%	6.58%
12 Months	30.86%	57.43%

20 Overlapping Holdings

Symbol	Grade	Weight in QUAL	Weight in TECL	Overlap
AAPL	C	5.44%	9.18%	5.44%
ACN	C	1.67%	1.56%	1.56%
ADBE	C	1.76%	1.62%	1.62%
AMAT	F	1.17%	1.06%	1.06%
ANET	C	0.73%	0.69%	0.69%
APH	A	0.5%	0.6%	0.5%
CDNS	B	0.58%	0.57%	0.57%
CSCO	B	1.74%	1.61%	1.61%
ENPH	F	0.06%	0.06%	0.06%
KEYS	A	0.15%	0.19%	0.15%
KLAC	D	0.77%	0.6%	0.6%
LRCX	F	0.73%	0.67%	0.67%
MPWR	F	0.18%	0.19%	0.18%
MSFT	F	4.5%	8.4%	4.5%
NTAP	C	0.21%	0.17%	0.17%
NVDA	C	6.93%	9.56%	6.93%
QCOM	F	1.15%	1.26%	1.15%
SMCI	F	0.06%	0.06%	0.06%
SNPS	B	0.51%	0.58%	0.51%
TXN	C	1.34%	1.3%	1.3%

QUAL Overweight 103 Positions Relative to TECL

Symbol	Grade	Weight
V	A	4.5%
MA	C	4.22%
META	D	4.09%
LLY	F	3.42%
UNH	C	2.81%
COST	B	2.55%
JNJ	D	2.15%
TJX	A	2.03%
GOOGL	C	1.77%
NFLX	A	1.76%
ADP	B	1.75%
COP	C	1.73%
GOOG	C	1.55%
KO	D	1.43%
NKE	D	1.41%
CAT	B	1.4%
CMG	B	1.26%
LIN	D	1.14%
PEP	F	1.1%
LMT	D	1.08%
BLK	C	0.99%
SRE	A	0.93%
SLB	C	0.89%
MMC	B	0.74%
ITW	B	0.73%
PLD	D	0.71%
DHI	D	0.7%
PEG	A	0.69%
LULU	C	0.66%
VRTX	F	0.62%
CTAS	B	0.6%
GWW	B	0.59%
TPL	A	0.58%
SHW	A	0.57%
PSA	D	0.55%
MCO	B	0.53%
CME	A	0.52%
NVR	D	0.52%
ZTS	D	0.51%
ED	D	0.5%
MMM	D	0.5%
PAYX	C	0.49%
DECK	A	0.49%
GRMN	B	0.48%
TSCO	D	0.43%
PHM	D	0.43%
AFL	B	0.42%
FAST	B	0.42%
ATO	A	0.4%
APD	A	0.35%
CBRE	B	0.35%
ODFL	B	0.34%
AMP	A	0.33%
ULTA	F	0.31%
IDXX	F	0.3%
WSM	B	0.29%
BBY	D	0.29%
FERG	B	0.28%
ACGL	D	0.26%
CSGP	D	0.26%
AVB	B	0.24%
EW	C	0.24%
ROK	B	0.22%
POOL	C	0.22%
EQT	B	0.22%
VLTO	D	0.21%
MNST	C	0.21%
MANH	D	0.2%
EA	A	0.2%
A	D	0.2%
APA	D	0.19%
TROW	B	0.19%
EQR	B	0.18%
EME	C	0.17%
RMD	C	0.17%
LPLA	A	0.17%
VEEV	C	0.16%
PPG	F	0.15%
HSY	F	0.15%
CBOE	B	0.14%
WAT	B	0.13%
ROL	B	0.12%
WSO	A	0.12%
WST	C	0.12%
FDS	B	0.12%
EXPD	D	0.12%
GGG	B	0.11%
OMC	C	0.1%
PKG	A	0.1%
ERIE	D	0.09%
RS	B	0.09%
MOH	F	0.09%
JKHY	D	0.09%
AVY	D	0.08%
PAYC	B	0.08%
UTHR	C	0.08%
SEIC	B	0.07%
MKTX	D	0.07%
AOS	F	0.06%
AFG	A	0.06%
SOLV	C	0.05%
IPG	D	0.05%
WBA	F	0.03%

QUAL Underweight 48 Positions Relative to TECL

Symbol	Grade	Weight
AVGO	D	-2.77%
CRM	B	-2.22%
ORCL	B	-2.06%
AMD	F	-1.55%
NOW	A	-1.48%
INTU	C	-1.35%
IBM	C	-1.33%
PANW	C	-0.88%
PLTR	B	-0.82%
MU	D	-0.76%
INTC	D	-0.74%
ADI	D	-0.73%
MSI	B	-0.57%
CRWD	B	-0.55%
ADSK	A	-0.46%
ROP	B	-0.42%
FTNT	C	-0.41%
FICO	B	-0.39%
NXPI	D	-0.39%
IT	C	-0.29%
CTSH	B	-0.28%
DELL	C	-0.27%
HPQ	B	-0.25%
GLW	B	-0.25%
MCHP	D	-0.24%
ANSS	B	-0.21%
ON	D	-0.2%
HPE	B	-0.19%
GDDY	A	-0.18%
TYL	B	-0.18%
CDW	F	-0.17%
PTC	A	-0.16%
TDY	B	-0.15%
ZBRA	B	-0.14%
STX	D	-0.14%
WDC	D	-0.14%
FSLR	F	-0.14%
TRMB	B	-0.12%
TER	D	-0.12%
VRSN	F	-0.11%
GEN	B	-0.11%
EPAM	C	-0.1%
FFIV	B	-0.1%
JBL	B	-0.1%
JNPR	F	-0.09%
AKAM	D	-0.09%
SWKS	F	-0.09%
QRVO	F	-0.04%