RVRB vs. SPXL ETF Comparison

Comparison of Reverb ETF (RVRB) to Direxion Daily S&P 500 Bull 3X Shares (SPXL)

RVRB

Reverb ETF

RVRB Description

The fund will invest in equity securities of companies that are publicly listed on one or more major U.S. national securities exchanges and which are among the largest approximately 500 domestic equity companies as determined by the Adviser on the basis of their free float market capitalization (the "Investable Universe"). In managing the fund, the Adviser employs a market "sentiment" based investment strategy, determined in accordance with its own proprietary web-based algorithm (the "Reverberate App" or the "App"), to adjust the weightings of positions in the fund"s portfolio.

Grade (RS Rating)

Last Trade

$31.26

Average Daily Volume

214

Number of Holdings ^*

510

* may have additional holdings in another (foreign) market

SPXL

Direxion Daily S&P 500 Bull 3X Shares

SPXL Description

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the S&P 500® Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the S&P 500® Index ("index") and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is a capitalization-weighted index composed of 500 domestic common stocks. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$178.67

Average Daily Volume

3,074,696

Number of Holdings ^*

499

* may have additional holdings in another (foreign) market

Performance

Period	RVRB	SPXL
30 Days	2.51%	3.88%
60 Days	4.90%	11.17%
90 Days	6.63%	14.15%
12 Months	30.97%	94.94%

423 Overlapping Holdings

	Symbol	Grade	Weight in RVRB	Weight in SPXL	Overlap
	A	D	0.07%	0.05%	0.05%
	AAPL	C	5.64%	4.54%	4.54%
	ABBV	F	0.52%	0.39%	0.39%
	ABNB	C	0.15%	0.08%	0.08%
	ABT	B	0.35%	0.26%	0.26%
	ACN	B	0.39%	0.3%	0.3%
	ADBE	C	0.41%	0.31%	0.31%
	ADI	D	0.19%	0.14%	0.14%
	ADM	D	0.04%	0.03%	0.03%
	ADP	A	0.21%	0.16%	0.16%
	ADSK	A	0.12%	0.09%	0.09%
	AEE	A	0.05%	0.03%	0.03%
	AEP	C	0.09%	0.07%	0.07%
	AES	F	0.01%	0.01%	0.01%
	AFL	B	0.11%	0.07%	0.07%
	AIG	B	0.09%	0.06%	0.06%
	AJG	A	0.11%	0.08%	0.08%
	AKAM	D	0.01%	0.02%	0.01%
	ALB	B	0.01%	0.02%	0.01%
	ALGN	D	0.03%	0.02%	0.02%
	ALL	A	0.09%	0.07%	0.07%
	AMAT	F	0.27%	0.2%	0.2%
	AMCR	C	0.02%	0.02%	0.02%
	AMD	F	0.39%	0.29%	0.29%
	AME	A	0.09%	0.06%	0.06%
	AMGN	F	0.28%	0.21%	0.21%
	AMP	A	0.11%	0.07%	0.07%
	AMT	C	0.16%	0.12%	0.12%
	AMZN	C	4.4%	2.58%	2.58%
	ANET	C	0.22%	0.13%	0.13%
	ANSS	B	0.04%	0.04%	0.04%
	AON	A	0.14%	0.11%	0.11%
	APD	A	0.12%	0.09%	0.09%
	APH	A	0.16%	0.11%	0.11%
	APTV	F	0.02%	0.02%	0.02%
	ARE	F	0.03%	0.02%	0.02%
	ATO	A	0.04%	0.03%	0.03%
	AVB	B	0.06%	0.04%	0.04%
	AVGO	D	1.32%	1.04%	1.04%
	AVY	F	0.03%	0.02%	0.02%
	AWK	C	0.04%	0.03%	0.03%
	AXON	A	0.04%	0.06%	0.04%
	AXP	A	0.37%	0.21%	0.21%
	BA	F	0.14%	0.13%	0.13%
	BAC	A	0.6%	0.41%	0.41%
	BALL	F	0.04%	0.02%	0.02%
	BAX	F	0.03%	0.02%	0.02%
	BBY	D	0.04%	0.02%	0.02%
	BDX	F	0.12%	0.09%	0.09%
	BG	D	0.01%	0.02%	0.01%
	BIIB	F	0.04%	0.03%	0.03%
	BK	A	0.1%	0.07%	0.07%
	BKNG	A	0.32%	0.22%	0.22%
	BKR	A	0.08%	0.06%	0.06%
	BLDR	D	0.03%	0.03%	0.03%
	BLK	B	0.27%	0.19%	0.19%
	BMY	B	0.21%	0.16%	0.16%
	BR	A	0.04%	0.03%	0.03%
	BRK.A	B	1.65%	1.12%	1.12%
	BRO	B	0.06%	0.03%	0.03%
	BSX	A	0.24%	0.17%	0.17%
	BX	A	0.23%	0.17%	0.17%
	C	A	0.23%	0.17%	0.17%
	CAG	F	0.01%	0.02%	0.01%
	CAH	B	0.05%	0.04%	0.04%
	CARR	C	0.12%	0.08%	0.08%
	CAT	B	0.35%	0.25%	0.25%
	CB	C	0.2%	0.14%	0.14%
	CBRE	B	0.07%	0.05%	0.05%
	CCI	C	0.08%	0.06%	0.06%
	CCL	A	0.06%	0.03%	0.03%
	CDNS	B	0.16%	0.11%	0.11%
	CDW	F	0.05%	0.03%	0.03%
	CE	F	0.01%	0.01%	0.01%
	CEG	C	0.13%	0.09%	0.09%
	CF	A	0.02%	0.02%	0.02%
	CFG	B	0.04%	0.03%	0.03%
	CHD	A	0.05%	0.03%	0.03%
	CHTR	C	0.1%	0.05%	0.05%
	CI	D	0.17%	0.12%	0.12%
	CINF	A	0.04%	0.03%	0.03%
	CL	D	0.13%	0.1%	0.1%
	CLX	A	0.03%	0.03%	0.03%
	CMCSA	B	0.3%	0.22%	0.22%
	CMG	B	0.16%	0.11%	0.11%
	CMI	A	0.09%	0.07%	0.07%
	CMS	C	0.03%	0.03%	0.03%
	CNC	D	0.06%	0.04%	0.04%
	CNP	A	0.03%	0.03%	0.03%
	COF	C	0.12%	0.09%	0.09%
	COP	C	0.23%	0.17%	0.17%
	COR	B	0.08%	0.06%	0.06%
	COST	A	0.77%	0.54%	0.54%
	CPAY	A	0.05%	0.03%	0.03%
	CPB	D	0.01%	0.01%	0.01%
	CPRT	B	0.1%	0.07%	0.07%
	CRM	B	0.55%	0.42%	0.42%
	CRWD	B	0.15%	0.1%	0.1%
	CSCO	B	0.41%	0.31%	0.31%
	CSGP	D	0.05%	0.04%	0.04%
	CSX	C	0.13%	0.09%	0.09%
	CTAS	B	0.17%	0.1%	0.1%
	CTRA	B	0.03%	0.02%	0.02%
	CTSH	B	0.07%	0.05%	0.05%
	CTVA	C	0.07%	0.05%	0.05%
	CVS	D	0.12%	0.09%	0.09%
	CVX	A	0.52%	0.36%	0.36%
	D	C	0.08%	0.06%	0.06%
	DAL	B	0.07%	0.05%	0.05%
	DD	C	0.06%	0.05%	0.05%
	DE	B	0.2%	0.13%	0.13%
	DELL	B	0.16%	0.05%	0.05%
	DFS	B	0.08%	0.06%	0.06%
	DG	F	0.03%	0.02%	0.02%
	DGX	A	0.03%	0.02%	0.02%
	DHI	F	0.09%	0.06%	0.06%
	DHR	F	0.31%	0.2%	0.2%
	DIS	B	0.34%	0.26%	0.26%
	DLR	B	0.1%	0.07%	0.07%
	DLTR	F	0.02%	0.02%	0.02%
	DOV	A	0.05%	0.04%	0.04%
	DOW	F	0.06%	0.04%	0.04%
	DRI	B	0.03%	0.03%	0.03%
	DTE	C	0.05%	0.03%	0.03%
	DUK	C	0.15%	0.11%	0.11%
	DVN	F	0.05%	0.03%	0.03%
	DXCM	C	0.05%	0.04%	0.04%
	EA	A	0.07%	0.05%	0.05%
	EBAY	D	0.06%	0.04%	0.04%
	ECL	D	0.13%	0.08%	0.08%
	ED	C	0.06%	0.04%	0.04%
	EFX	F	0.05%	0.04%	0.04%
	EG	C	0.02%	0.02%	0.02%
	EL	F	0.04%	0.02%	0.02%
	ELV	F	0.16%	0.12%	0.12%
	EMR	B	0.13%	0.1%	0.1%
	ENPH	F	0.01%	0.01%	0.01%
	EOG	A	0.14%	0.1%	0.1%
	EQIX	A	0.17%	0.11%	0.11%
	EQR	C	0.05%	0.03%	0.03%
	EQT	B	0.02%	0.03%	0.02%
	ERIE	D	0.03%	0.01%	0.01%
	ES	C	0.04%	0.03%	0.03%
	ESS	B	0.02%	0.03%	0.02%
	ETN	A	0.26%	0.19%	0.19%
	ETR	B	0.06%	0.04%	0.04%
	EW	C	0.07%	0.05%	0.05%
	EXC	C	0.07%	0.05%	0.05%
	EXPD	C	0.02%	0.02%	0.02%
	EXPE	B	0.05%	0.03%	0.03%
	EXR	C	0.06%	0.05%	0.05%
	F	C	0.08%	0.06%	0.06%
	FANG	C	0.06%	0.04%	0.04%
	FAST	B	0.08%	0.06%	0.06%
	FCX	F	0.11%	0.08%	0.08%
	FDS	B	0.03%	0.02%	0.02%
	FDX	B	0.13%	0.09%	0.09%
	FE	C	0.04%	0.03%	0.03%
	FI	A	0.23%	0.16%	0.16%
	FICO	B	0.15%	0.07%	0.07%
	FIS	C	0.09%	0.06%	0.06%
	FMC	D	0.01%	0.01%	0.01%
	FOX	A	0.04%	0.01%	0.01%
	FSLR	F	0.04%	0.03%	0.03%
	FTNT	C	0.13%	0.08%	0.08%
	FTV	C	0.05%	0.03%	0.03%
	GDDY	A	0.05%	0.03%	0.03%
	GE	D	0.34%	0.25%	0.25%
	GEHC	D	0.07%	0.05%	0.05%
	GEV	B	0.17%	0.12%	0.12%
	GILD	C	0.2%	0.15%	0.15%
	GIS	D	0.06%	0.05%	0.05%
	GLW	B	0.07%	0.05%	0.05%
	GM	C	0.11%	0.08%	0.08%
	GOOGL	C	4.05%	1.35%	1.35%
	GPC	D	0.03%	0.02%	0.02%
	GPN	B	0.05%	0.04%	0.04%
	GRMN	B	0.07%	0.04%	0.04%
	GS	A	0.34%	0.24%	0.24%
	GWW	B	0.08%	0.07%	0.07%
	HAL	C	0.05%	0.03%	0.03%
	HBAN	A	0.04%	0.03%	0.03%
	HCA	F	0.15%	0.08%	0.08%
	HD	B	0.75%	0.53%	0.53%
	HES	B	0.08%	0.05%	0.05%
	HIG	B	0.06%	0.04%	0.04%
	HLT	A	0.11%	0.08%	0.08%
	HOLX	D	0.03%	0.02%	0.02%
	HON	C	0.21%	0.2%	0.2%
	HPE	B	0.05%	0.04%	0.04%
	HPQ	B	0.06%	0.05%	0.05%
	HRL	D	0.03%	0.01%	0.01%
	HSY	F	0.07%	0.03%	0.03%
	HUBB	B	0.03%	0.03%	0.03%
	HUM	C	0.05%	0.04%	0.04%
	HWM	A	0.08%	0.06%	0.06%
	IBM	C	0.33%	0.25%	0.25%
	ICE	C	0.16%	0.12%	0.12%
	IDXX	F	0.05%	0.05%	0.05%
	IEX	C	0.01%	0.02%	0.01%
	IFF	D	0.04%	0.03%	0.03%
	INCY	C	0.01%	0.02%	0.01%
	INTC	C	0.18%	0.14%	0.14%
	INTU	B	0.36%	0.26%	0.26%
	INVH	D	0.04%	0.02%	0.02%
	IP	A	0.02%	0.03%	0.02%
	IQV	F	0.07%	0.05%	0.05%
	IR	B	0.07%	0.05%	0.05%
	IRM	C	0.06%	0.04%	0.04%
	ISRG	A	0.34%	0.25%	0.25%
	IT	C	0.07%	0.05%	0.05%
	ITW	B	0.14%	0.1%	0.1%
	J	D	0.04%	0.02%	0.02%
	JBHT	C	0.04%	0.02%	0.02%
	JBL	C	0.02%	0.02%	0.02%
	JCI	B	0.1%	0.07%	0.07%
	JNJ	C	0.46%	0.48%	0.46%
	JPM	A	1.18%	0.9%	0.9%
	K	A	0.05%	0.03%	0.03%
	KDP	F	0.08%	0.05%	0.05%
	KEY	B	0.02%	0.02%	0.02%
	KEYS	A	0.05%	0.04%	0.04%
	KHC	F	0.07%	0.04%	0.04%
	KKR	A	0.24%	0.13%	0.13%
	KLAC	F	0.17%	0.11%	0.11%
	KMB	C	0.08%	0.06%	0.06%
	KMI	A	0.11%	0.07%	0.07%
	KO	D	0.5%	0.32%	0.32%
	KR	B	0.08%	0.05%	0.05%
	KVUE	A	0.08%	0.06%	0.06%
	L	A	0.03%	0.02%	0.02%
	LDOS	C	0.04%	0.03%	0.03%
	LEN	D	0.08%	0.05%	0.05%
	LH	B	0.02%	0.03%	0.02%
	LHX	C	0.08%	0.06%	0.06%
	LIN	C	0.38%	0.29%	0.29%
	LKQ	F	0.01%	0.01%	0.01%
	LLY	F	1.31%	0.81%	0.81%
	LMT	D	0.24%	0.15%	0.15%
	LOW	C	0.28%	0.2%	0.2%
	LRCX	F	0.19%	0.13%	0.13%
	LULU	C	0.06%	0.05%	0.05%
	LUV	C	0.04%	0.03%	0.03%
	LVS	B	0.07%	0.02%	0.02%
	LW	C	0.01%	0.02%	0.01%
	LYB	F	0.05%	0.03%	0.03%
	LYV	A	0.06%	0.03%	0.03%
	MA	B	0.87%	0.56%	0.56%
	MAA	B	0.03%	0.02%	0.02%
	MAR	A	0.14%	0.09%	0.09%
	MAS	D	0.03%	0.02%	0.02%
	MCD	D	0.36%	0.28%	0.28%
	MCHP	F	0.06%	0.05%	0.05%
	MCK	A	0.16%	0.1%	0.1%
	MCO	B	0.15%	0.1%	0.1%
	MDLZ	F	0.16%	0.11%	0.11%
	MDT	D	0.2%	0.14%	0.14%
	MET	A	0.11%	0.06%	0.06%
	META	D	2.4%	1.65%	1.65%
	MGM	D	0.01%	0.01%	0.01%
	MKC	C	0.04%	0.02%	0.02%
	MLM	C	0.08%	0.05%	0.05%
	MMC	B	0.2%	0.14%	0.14%
	MMM	D	0.13%	0.1%	0.1%
	MNST	C	0.1%	0.05%	0.05%
	MO	A	0.17%	0.12%	0.12%
	MOH	F	0.04%	0.02%	0.02%
	MOS	F	0.01%	0.01%	0.01%
	MPC	D	0.09%	0.07%	0.07%
	MPWR	F	0.04%	0.04%	0.04%
	MRK	D	0.35%	0.33%	0.33%
	MRNA	F	0.03%	0.02%	0.02%
	MRO	B	0.01%	0.02%	0.01%
	MS	A	0.38%	0.22%	0.22%
	MSCI	C	0.08%	0.06%	0.06%
	MSFT	D	6.29%	4.15%	4.15%
	MSI	B	0.16%	0.11%	0.11%
	MTB	A	0.07%	0.05%	0.05%
	MTD	F	0.08%	0.03%	0.03%
	MU	D	0.2%	0.14%	0.14%
	NDAQ	A	0.08%	0.04%	0.04%
	NEE	C	0.27%	0.2%	0.2%
	NEM	D	0.08%	0.06%	0.06%
	NFLX	A	0.64%	0.47%	0.47%
	NKE	F	0.21%	0.12%	0.12%
	NOC	D	0.13%	0.09%	0.09%
	NOW	A	0.4%	0.28%	0.28%
	NRG	B	0.02%	0.02%	0.02%
	NSC	B	0.1%	0.08%	0.08%
	NTAP	C	0.05%	0.03%	0.03%
	NTRS	A	0.04%	0.03%	0.03%
	NUE	C	0.07%	0.05%	0.05%
	NVDA	B	6.15%	4.72%	4.72%
	NXPI	D	0.1%	0.07%	0.07%
	O	C	0.09%	0.06%	0.06%
	ODFL	C	0.09%	0.06%	0.06%
	OMC	C	0.03%	0.03%	0.03%
	ON	D	0.05%	0.04%	0.04%
	ORCL	A	0.9%	0.39%	0.39%
	ORLY	B	0.16%	0.09%	0.09%
	OTIS	C	0.07%	0.05%	0.05%
	OXY	D	0.08%	0.04%	0.04%
	PANW	B	0.23%	0.17%	0.17%
	PAYC	B	0.01%	0.01%	0.01%
	PAYX	B	0.09%	0.06%	0.06%
	PCAR	B	0.11%	0.08%	0.08%
	PCG	A	0.1%	0.06%	0.06%
	PEG	A	0.08%	0.06%	0.06%
	PEP	F	0.39%	0.3%	0.3%
	PFE	F	0.25%	0.19%	0.19%
	PFG	D	0.04%	0.02%	0.02%
	PG	C	0.69%	0.51%	0.51%
	PGR	A	0.26%	0.2%	0.2%
	PH	A	0.18%	0.12%	0.12%
	PHM	D	0.05%	0.04%	0.04%
	PKG	A	0.02%	0.03%	0.02%
	PLD	F	0.18%	0.14%	0.14%
	PLTR	B	0.24%	0.16%	0.16%
	PM	B	0.35%	0.26%	0.26%
	PNC	B	0.15%	0.11%	0.11%
	PODD	C	0.02%	0.02%	0.02%
	PPG	F	0.06%	0.04%	0.04%
	PPL	A	0.04%	0.03%	0.03%
	PRU	A	0.08%	0.06%	0.06%
	PSA	C	0.11%	0.07%	0.07%
	PSX	C	0.1%	0.07%	0.07%
	PTC	B	0.04%	0.03%	0.03%
	PWR	A	0.08%	0.06%	0.06%
	PYPL	B	0.16%	0.11%	0.11%
	QCOM	F	0.32%	0.24%	0.24%
	RCL	A	0.1%	0.07%	0.07%
	REGN	F	0.15%	0.11%	0.11%
	RF	A	0.04%	0.03%	0.03%
	RJF	A	0.06%	0.04%	0.04%
	RMD	C	0.06%	0.04%	0.04%
	ROK	C	0.06%	0.04%	0.04%
	ROL	B	0.04%	0.02%	0.02%
	ROP	B	0.11%	0.08%	0.08%
	ROST	D	0.08%	0.06%	0.06%
	RSG	A	0.12%	0.06%	0.06%
	RTX	D	0.27%	0.21%	0.21%
	RVTY	F	0.01%	0.02%	0.01%
	SBAC	D	0.04%	0.03%	0.03%
	SBUX	A	0.19%	0.15%	0.15%
	SCHW	B	0.2%	0.16%	0.16%
	SHW	B	0.17%	0.12%	0.12%
	SJM	D	0.01%	0.02%	0.01%
	SMCI	F	0.02%	0.01%	0.01%
	SNPS	B	0.14%	0.11%	0.11%
	SO	C	0.17%	0.12%	0.12%
	SPG	A	0.1%	0.07%	0.07%
	SPGI	C	0.29%	0.21%	0.21%
	SRE	A	0.1%	0.07%	0.07%
	STE	D	0.04%	0.03%	0.03%
	STLD	B	0.04%	0.03%	0.03%
	STT	B	0.05%	0.04%	0.04%
	STX	C	0.04%	0.03%	0.03%
	STZ	D	0.08%	0.05%	0.05%
	SW	A	0.02%	0.03%	0.02%
	SWKS	F	0.01%	0.02%	0.01%
	SYK	B	0.25%	0.17%	0.17%
	SYY	D	0.07%	0.05%	0.05%
	T	A	0.28%	0.21%	0.21%
	TDG	D	0.16%	0.09%	0.09%
	TDY	B	0.03%	0.03%	0.03%
	TER	F	0.03%	0.02%	0.02%
	TFC	A	0.11%	0.08%	0.08%
	TGT	F	0.13%	0.09%	0.09%
	TJX	A	0.25%	0.18%	0.18%
	TMO	F	0.34%	0.27%	0.27%
	TMUS	B	0.46%	0.15%	0.15%
	TRGP	A	0.07%	0.05%	0.05%
	TRMB	B	0.01%	0.02%	0.01%
	TROW	B	0.05%	0.03%	0.03%
	TRV	B	0.1%	0.08%	0.08%
	TSCO	D	0.05%	0.04%	0.04%
	TSLA	B	1.62%	1.13%	1.13%
	TSN	B	0.04%	0.02%	0.02%
	TT	A	0.16%	0.12%	0.12%
	TTWO	A	0.06%	0.04%	0.04%
	TXN	C	0.33%	0.25%	0.25%
	TXT	D	0.03%	0.02%	0.02%
	TYL	B	0.04%	0.03%	0.03%
	UAL	A	0.03%	0.04%	0.03%
	UBER	F	0.26%	0.2%	0.2%
	ULTA	F	0.02%	0.02%	0.02%
	UNH	B	0.95%	0.72%	0.72%
	UNP	C	0.26%	0.19%	0.19%
	UPS	C	0.2%	0.13%	0.13%
	URI	C	0.11%	0.07%	0.07%
	USB	A	0.14%	0.1%	0.1%
	V	A	1.19%	0.67%	0.67%
	VICI	C	0.06%	0.04%	0.04%
	VLO	C	0.08%	0.06%	0.06%
	VLTO	C	0.05%	0.03%	0.03%
	VMC	B	0.07%	0.05%	0.05%
	VRSK	A	0.07%	0.05%	0.05%
	VRSN	C	0.04%	0.02%	0.02%
	VRTX	D	0.22%	0.16%	0.16%
	VST	A	0.09%	0.06%	0.06%
	VTR	B	0.04%	0.03%	0.03%
	VZ	C	0.29%	0.23%	0.23%
	WAB	B	0.06%	0.05%	0.05%
	WAT	C	0.05%	0.03%	0.03%
	WBA	F	0.01%	0.01%	0.01%
	WBD	B	0.04%	0.03%	0.03%
	WDC	D	0.04%	0.03%	0.03%
	WEC	A	0.06%	0.04%	0.04%
	WELL	A	0.15%	0.1%	0.1%
	WFC	A	0.45%	0.32%	0.32%
	WM	B	0.16%	0.11%	0.11%
	WMB	A	0.12%	0.09%	0.09%
	WMT	A	1.23%	0.48%	0.48%
	WRB	A	0.02%	0.02%	0.02%
	WST	C	0.04%	0.03%	0.03%
	WTW	B	0.06%	0.04%	0.04%
	WY	F	0.04%	0.03%	0.03%
	XEL	A	0.07%	0.05%	0.05%
	XOM	B	0.9%	0.7%	0.7%
	XYL	D	0.05%	0.04%	0.04%
	YUM	D	0.07%	0.05%	0.05%
	ZBH	C	0.04%	0.03%	0.03%
	ZTS	D	0.15%	0.1%	0.1%

RVRB Overweight 87 Positions Relative to SPXL

	Symbol	Grade	Weight
	SHOP	B	0.24%
	APO	B	0.17%
	TD	D	0.17%
	APP	B	0.16%
	SPOT	B	0.15%
	MRVL	B	0.14%
	SCCO	F	0.14%
	COIN	C	0.13%
	NU	C	0.13%
	MELI	C	0.12%
	EPD	A	0.12%
	WDAY	B	0.12%
	DASH	B	0.12%
	TEAM	A	0.11%
	ET	A	0.1%
	TTD	B	0.1%
	FLUT	A	0.09%
	MPLX	A	0.09%
	SQ	A	0.09%
	VRT	B	0.08%
	CPNG	D	0.08%
	LNG	A	0.08%
	WCN	A	0.08%
	DDOG	A	0.08%
	CCEP	C	0.07%
	ALNY	D	0.07%
	STLA	F	0.07%
	SNOW	B	0.07%
	VEEV	C	0.06%
	NET	B	0.06%
	RBLX	C	0.06%
	ZM	C	0.05%
	TW	A	0.05%
	IOT	A	0.05%
	GOLD	C	0.05%
	ZS	B	0.05%
	ARES	A	0.05%
	HEI	A	0.05%
	ILMN	C	0.04%
	AER	A	0.04%
	MDB	B	0.04%
	BAH	F	0.04%
	GFS	C	0.04%
	STM	F	0.04%
	PHG	C	0.04%
	CQP	B	0.04%
	HUBS	A	0.04%
	DKS	D	0.03%
	ICLR	D	0.03%
	AVTR	F	0.03%
	CSL	C	0.03%
	CVNA	B	0.03%
	CRBG	B	0.03%
	WLK	D	0.03%
	WSO	A	0.03%
	PINS	F	0.03%
	CHKP	C	0.03%
	DKNG	B	0.03%
	MT	B	0.03%
	YUMC	C	0.02%
	SNAP	D	0.02%
	CHWY	B	0.02%
	WSM	C	0.02%
	BURL	B	0.02%
	RS	B	0.02%
	LPLA	A	0.02%
	SUI	C	0.02%
	HOOD	B	0.02%
	CELH	F	0.01%
	IEP	F	0.01%
	ETSY	D	0.01%
	U	C	0.01%
	AAL	B	0.01%
	SIRI	C	0.01%
	RIVN	F	0.01%
	EXAS	D	0.01%
	RPRX	D	0.01%
	OKTA	C	0.01%
	WPC	C	0.01%
	AGR	A	0.01%
	CNH	C	0.01%
	BSY	F	0.01%
	BMRN	F	0.01%
	DT	D	0.01%
	WMG	D	0.01%
	FTRE	D	0.0%
	LCID	F	0.0%

RVRB Underweight 76 Positions Relative to SPXL

	Symbol	Grade	Weight
	GOOG	C	-1.11%
	CME	B	-0.11%
	GD	D	-0.1%
	SLB	C	-0.08%
	OKE	A	-0.08%
	AZO	C	-0.07%
	ACGL	C	-0.05%
	DECK	A	-0.04%
	NVR	D	-0.04%
	EIX	B	-0.04%
	FITB	B	-0.04%
	ZBRA	B	-0.03%
	CBOE	C	-0.03%
	SYF	B	-0.03%
	BXP	C	-0.02%
	NCLH	B	-0.02%
	EMN	C	-0.02%
	UHS	D	-0.02%
	REG	A	-0.02%
	DAY	B	-0.02%
	KMX	B	-0.02%
	HST	C	-0.02%
	ALLE	C	-0.02%
	JKHY	D	-0.02%
	JNPR	D	-0.02%
	CPT	B	-0.02%
	CHRW	B	-0.02%
	SWK	D	-0.02%
	TPR	B	-0.02%
	UDR	B	-0.02%
	POOL	C	-0.02%
	NDSN	B	-0.02%
	EPAM	B	-0.02%
	FFIV	B	-0.02%
	EVRG	A	-0.02%
	DOC	C	-0.02%
	VTRS	A	-0.02%
	LNT	A	-0.02%
	DPZ	C	-0.02%
	NI	A	-0.02%
	GEN	B	-0.02%
	KIM	A	-0.02%
	PNR	A	-0.02%
	SNA	A	-0.02%
	QRVO	F	-0.01%
	BEN	C	-0.01%
	PARA	C	-0.01%
	DVA	C	-0.01%
	MHK	D	-0.01%
	HII	F	-0.01%
	BWA	D	-0.01%
	IVZ	B	-0.01%
	MTCH	D	-0.01%
	HAS	D	-0.01%
	APA	D	-0.01%
	HSIC	C	-0.01%
	CZR	F	-0.01%
	RL	C	-0.01%
	FRT	B	-0.01%
	WYNN	C	-0.01%
	AOS	F	-0.01%
	TFX	F	-0.01%
	SOLV	D	-0.01%
	GL	C	-0.01%
	MKTX	D	-0.01%
	CRL	D	-0.01%
	PNW	A	-0.01%
	CTLT	C	-0.01%
	FOXA	A	-0.01%
	IPG	D	-0.01%
	TAP	C	-0.01%
	NWSA	A	-0.01%
	AIZ	A	-0.01%
	GNRC	C	-0.01%
	TECH	F	-0.01%
	NWS	A	-0.0%

RVRB: Top Represented Industries & Keywords

Industries: Software - Application Diagnostics & Research Semiconductors Utilities - Regulated Electric Business Services Diversified Industrials Specialty Retail Asset Management Capital Markets Drug Manufacturers - Major Oil & Gas E&P Packaged Foods Software - Infrastructure Specialty Chemicals Aerospace & Defense Banks - Regional - US Biotechnology Medical Devices Oil & Gas Midstream Health Care Plans

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Dow Jones Component Electricity Electronics Insurance Medicine Semiconductor Aerospace Bank Telecommunications Banking Chemical Cloud Computing Mining Mobile Devices Transport Insurance Products

SPXL: Top Represented Industries & Keywords

Industries: Diversified Industrials Software - Application Utilities - Regulated Electric Business Services Semiconductors Diagnostics & Research Asset Management Oil & Gas E&P Aerospace & Defense Banks - Regional - US Capital Markets Drug Manufacturers - Major Packaged Foods Medical Devices Medical Instruments & Supplies Specialty Retail Credit Services Health Care Plans Household & Personal Products Information Technology Services

Keywords: S&P 500 Nasdaq 100 Natural Gas Computing Electricity Insurance Dow Jones Component Electronics Chemical Medicine Real Estate Investment Trust Aerospace Telecommunications Bank Semiconductor Banking Insurance Products Petroleum Industry Transport Investment Bank