SPHQ vs. FAS ETF Comparison

Comparison of PowerShares S&P 500 High Quality Portfolio (SPHQ) to Direxion Financial Bull 3X Shares (FAS)

SPHQ

PowerShares S&P 500 High Quality Portfolio

SPHQ Description

The PowerShares S&P 500Â® High Quality Portfolio (Fund) is based on the S&P 500Â® High Quality Rankings Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to provide exposure to the constituents of the S&P 500 Index that are identified as stocks reflecting long-term growth and stability of a company's earnings and dividends. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$61.19

Average Daily Volume

882,785

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FAS

Direxion Financial Bull 3X Shares

FAS Description

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the Russell 1000Â® Financial Services Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the Russell 1000Â® Financial Services Index ("index") and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is a subset of the Russell 1000Â® Index that measures the performance of the securities classified in the financial services sector of the large cap U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$112.32

Average Daily Volume

605,205

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPHQ	FAS
30 Days	5.16%	20.50%
60 Days	3.20%	8.94%
90 Days	7.24%	19.23%
12 Months	28.94%	93.74%

6 Overlapping Holdings

Symbol	Grade	Weight in SPHQ	Weight in FAS	Overlap
AMP	B	0.44%	0.53%	0.44%
JKHY	C	0.09%	0.15%	0.09%
MA	D	4.8%	4.63%	4.63%
MKTX	D	0.05%	0.1%	0.05%
TROW	D	0.18%	0.31%	0.18%
V	B	4.29%	5.39%	4.29%

SPHQ Overweight 92 Positions Relative to FAS

Symbol	Grade	Weight
NVDA	C	8.61%
AVGO	B	6.02%
GOOG	A	5.64%
MSFT	B	4.82%
AAPL	C	4.12%
XOM	B	3.85%
PG	A	3.06%
JNJ	D	2.92%
COST	B	2.55%
ADBE	F	2.21%
CVX	B	2.16%
KO	B	1.96%
QCOM	B	1.85%
LIN	D	1.73%
GE	C	1.65%
CSCO	F	1.64%
CAT	C	1.3%
ABT	F	1.3%
ADP	B	1.3%
COP	D	1.29%
ISRG	B	1.25%
CMCSA	F	1.22%
DHR	A	1.18%
LRCX	D	1.17%
KLAC	B	1.13%
HON	B	1.0%
NKE	F	0.94%
ELV	A	0.91%
TJX	B	0.87%
VRTX	B	0.86%
LMT	B	0.83%
ADI	B	0.79%
CI	D	0.78%
BMY	F	0.74%
ABNB	D	0.73%
ITW	D	0.73%
MPC	D	0.64%
EMR	B	0.63%
GILD	F	0.6%
CEG	C	0.58%
EOG	C	0.57%
ADSK	F	0.5%
CVS	F	0.48%
CTAS	B	0.46%
VLO	D	0.45%
MCHP	B	0.45%
PAYX	B	0.41%
FTNT	D	0.39%
EW	D	0.39%
IT	D	0.38%
HUM	D	0.37%
GWW	D	0.35%
DD	A	0.35%
VRSK	A	0.34%
ROK	F	0.31%
CNC	B	0.3%
EBAY	C	0.3%
KVUE	C	0.28%
CTSH	F	0.27%
FAST	D	0.26%
HSY	C	0.25%
ODFL	F	0.25%
NVR	D	0.22%
ON	D	0.22%
NTAP	B	0.21%
VLTO	B	0.21%
FTV	D	0.2%
IFF	A	0.2%
ZBH	D	0.2%
EXPD	D	0.19%
FSLR	C	0.17%
CTRA	B	0.16%
HUBB	D	0.16%
BAX	F	0.16%
HOLX	D	0.16%
ULTA	F	0.15%
TER	B	0.14%
WAT	B	0.13%
EXPE	F	0.12%
EQT	C	0.12%
CF	F	0.11%
APA	F	0.11%
VTRS	D	0.1%
LKQ	F	0.09%
ROL	C	0.09%
CHRW	C	0.08%
FFIV	D	0.08%
INCY	D	0.08%
EMN	C	0.08%
TPR	D	0.07%
RHI	F	0.06%
RL	D	0.05%

SPHQ Underweight 63 Positions Relative to FAS

Symbol	Grade	Weight
BRK.A	B	-9.21%
JPM	A	-6.94%
BAC	B	-3.24%
WFC	C	-2.71%
GS	A	-1.81%
SPGI	B	-1.71%
AXP	A	-1.68%
PGR	C	-1.58%
C	B	-1.49%
MS	B	-1.48%
SCHW	B	-1.43%
BLK	B	-1.35%
CB	A	-1.28%
MMC	A	-1.24%
BX	C	-1.09%
CME	C	-0.94%
ICE	B	-0.94%
PYPL	D	-0.88%
USB	D	-0.81%
PNC	B	-0.78%
MCO	A	-0.76%
AON	F	-0.71%
AIG	A	-0.7%
COF	C	-0.68%
TFC	B	-0.66%
AJG	A	-0.66%
TRV	D	-0.62%
AFL	A	-0.56%
ALL	C	-0.56%
BK	A	-0.55%
MET	A	-0.55%
PRU	A	-0.52%
FIS	A	-0.52%
MSCI	F	-0.47%
ACGL	A	-0.45%
DFS	C	-0.39%
HIG	A	-0.37%
GPN	F	-0.36%
FITB	B	-0.32%
WTW	D	-0.32%
MTB	B	-0.31%
RJF	B	-0.3%
NDAQ	B	-0.29%
STT	B	-0.28%
BRO	A	-0.25%
HBAN	B	-0.25%
SYF	C	-0.24%
CBOE	C	-0.24%
PFG	B	-0.23%
RF	B	-0.23%
CINF	C	-0.23%
NTRS	C	-0.22%
EG	C	-0.21%
FDS	C	-0.21%
CFG	A	-0.21%
WRB	D	-0.2%
L	B	-0.18%
KEY	B	-0.18%
AIZ	D	-0.12%
GL	F	-0.09%
BEN	F	-0.09%
CMA	B	-0.09%
IVZ	C	-0.08%