TOLL vs. CLDL ETF Comparison

Comparison of Tema Monopolies and Oligopolies ETF (TOLL) to Direxion Daily Cloud Computing Bull 2X Shares (CLDL)

TOLL

Tema Monopolies and Oligopolies ETF

TOLL Description

Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in domestic and foreign, common and preferred stocks of publicly listed companies where the Herfindahl"Hirschman (HHI) index of the market of operation representing more than 50% of the company"s revenue is above 2,500. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$32.40

Average Daily Volume

1,572

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CLDL

Direxion Daily Cloud Computing Bull 2X Shares

CLDL Description

The investment seeks daily investment results, before fees and expenses, of 200% of the daily performance of the the Indxx USA Cloud Computing Index. The fund, under normal circumstances, invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. The index is provided by Indxx, LLC and includes domestic companies that deliver cloud computing infrastructure, platforms, or services. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$11.64

Average Daily Volume

10,256

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TOLL	CLDL
30 Days	-3.46%	17.14%
60 Days	-3.34%	17.42%
90 Days	2.17%	39.19%
12 Months	30.35%	52.31%

0 Overlapping Holdings

	Symbol	Grade	Weight in TOLL	Weight in CLDL	Overlap

TOLL Overweight 28 Positions Relative to CLDL

Symbol	Grade	Weight
GE	D	6.19%
ICE	C	5.79%
MCO	D	5.79%
V	A	4.92%
FICO	B	4.92%
SPGI	D	4.64%
SHW	D	4.04%
MSCI	C	3.4%
TER	F	3.26%
INTU	D	3.14%
EFX	D	3.03%
VMC	A	2.96%
CPRT	D	2.96%
CME	B	2.79%
KLAC	F	2.77%
TYL	A	2.61%
AON	A	2.58%
TMO	D	2.48%
WAT	A	2.2%
LRCX	F	2.16%
LOW	B	2.09%
ADI	C	2.06%
CNI	F	1.96%
TECH	B	1.94%
IDXX	F	1.62%
DE	B	1.53%
GILD	A	1.07%
BDX	C	1.06%

TOLL Underweight 47 Positions Relative to CLDL

Symbol	Grade	Weight
MSTR	B	-6.05%
ORCL	B	-5.02%
SAP	B	-4.64%
NOW	A	-4.6%
ADSK	B	-4.06%
TEAM	A	-3.62%
CRM	A	-3.62%
ADBE	F	-3.55%
CRWD	C	-3.52%
VEEV	B	-3.45%
WDAY	F	-3.22%
SNOW	C	-2.79%
ZM	A	-2.78%
ZS	C	-2.66%
NTNX	B	-2.5%
AKAM	D	-2.42%
DOCU	A	-2.24%
TWLO	A	-1.94%
PAYC	A	-1.33%
PCTY	A	-1.22%
DBX	A	-1.03%
SPSC	F	-0.99%
BILL	A	-0.9%
ACIW	C	-0.83%
QLYS	F	-0.71%
BOX	D	-0.7%
APPF	D	-0.66%
WK	C	-0.61%
BLKB	D	-0.59%
INFA	C	-0.54%
BL	B	-0.45%
AI	C	-0.44%
RNG	A	-0.43%
CWAN	B	-0.41%
ALRM	F	-0.41%
NCNO	B	-0.39%
DOCN	B	-0.34%
FIVN	C	-0.34%
FRSH	C	-0.32%
ZUO	A	-0.21%
PYCR	B	-0.16%
RDWR	C	-0.13%
PRO	C	-0.13%
VMEO	C	-0.11%
BLND	C	-0.09%
ENFN	A	-0.07%
SEMR	D	-0.04%