TZA vs. ARVR ETF Comparison

Comparison of Direxion Small Cap Bear 3X Shares (TZA) to First Trust Indxx Metaverse ETF (ARVR)

TZA

Direxion Small Cap Bear 3X Shares

TZA Description

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the Russell 2000Â® Index. The fund, under normal circumstances, creates short positions by investing at least 80% of its assets in financial instruments that, in combination, provide leveraged and unleveraged exposure to the index. The index measures the performance of the small-cap segment of the U.S. equity universe and is comprised of the smallest 2000 companies in the Russell 3000Â® Index, representing approximately 10% of the total market capitalization of that index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$13.82

Average Daily Volume

25,928,639

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ARVR

First Trust Indxx Metaverse ETF

ARVR Description

The investment seeks to provide investment results that, before fees and expenses, track the price return performance of the EQM Tactile AR/VR Virtual Technology Index. The fund will normally invest at least 80% of its total assets in securities of the index. The index is designed to track the performance of companies that are expected to benefit from the increased adoption of augmented reality ("AR") and virtual reality ("VR") technologies. The fund will concentrate its investments in a particular industry or group of industries to approximately the same extent that the index concentrates in an industry or group of industries. It is non-diversified.

Grade (RS Rating)

Last Trade

$37.94

Average Daily Volume

1,961

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TZA	ARVR
30 Days	-8.93%	6.89%
60 Days	-22.82%	15.27%
90 Days	-27.09%	-0.14%
12 Months	-57.56%	31.43%

1 Overlapping Holdings

	Symbol	Grade	Weight in TZA	Weight in ARVR	Overlap
	TDOC	D	0.32%	1.15%	0.32%

TZA Overweight 86 Positions Relative to ARVR

Symbol	Grade	Weight
NVCR	F	0.38%
GNRC	B	0.3%
LITE	A	0.28%
AMED	D	0.27%
TREX	D	0.27%
HAE	F	0.27%
ARWR	F	0.25%
POR	D	0.25%
RGEN	F	0.25%
REXR	D	0.25%
PFGC	A	0.25%
SAIC	A	0.25%
VAC	D	0.25%
FR	D	0.25%
ESNT	A	0.24%
HQY	B	0.24%
CHDN	C	0.24%
RDN	D	0.24%
SLAB	D	0.24%
EGP	D	0.24%
CHGG	F	0.24%
MSA	F	0.23%
EME	B	0.23%
TTEK	A	0.23%
ACAD	F	0.23%
DECK	B	0.23%
CRUS	D	0.23%
BKH	C	0.23%
OGS	C	0.23%
HELE	D	0.22%
BCO	C	0.22%
BXMT	C	0.22%
DAR	F	0.22%
MMS	C	0.22%
FIVN	F	0.21%
FCN	C	0.21%
VLY	C	0.21%
FFIN	D	0.21%
SR	D	0.2%
KBR	A	0.2%
SBRA	C	0.2%
ACIW	A	0.2%
AXON	A	0.2%
ALE	A	0.2%
STAG	D	0.2%
SF	A	0.2%
BPMC	F	0.19%
RHP	B	0.19%
BLKB	C	0.19%
SIGI	D	0.19%
GMED	B	0.19%
PNM	B	0.19%
MRCY	B	0.19%
AAN	B	0.19%
SWX	C	0.19%
LPX	C	0.18%
TRNO	D	0.18%
RLI	A	0.18%
NWE	C	0.18%
HWC	D	0.18%
TXRH	A	0.18%
THC	D	0.18%
MTZ	A	0.18%
QTWO	B	0.18%
CBRL	D	0.18%
TNDM	D	0.18%
SITE	D	0.18%
VRNT	F	0.18%
NJR	C	0.18%
GBCI	B	0.18%
TGNA	B	0.18%
OMCL	C	0.17%
NHI	C	0.17%
VIAV	C	0.17%
ASGN	D	0.17%
NVRO	F	0.17%
JBT	B	0.17%
SMTC	C	0.17%
DOC	C	0.17%
NEOG	F	0.17%
CBU	D	0.17%
RH	C	0.17%
UBSI	D	0.17%
EXPO	A	0.17%
SSD	B	0.17%
BLD	D	0.17%

TZA Underweight 22 Positions Relative to ARVR

Symbol	Grade	Weight
ZM	B	-3.77%
RBLX	D	-3.52%
META	A	-3.52%
NFLX	A	-3.37%
TXN	C	-3.14%
TTWO	D	-3.1%
SONY	C	-3.1%
AAPL	C	-3.09%
EA	D	-3.05%
TSM	B	-2.9%
MSFT	D	-2.88%
NVDA	B	-2.86%
APH	D	-2.85%
ADBE	F	-2.8%
AMD	C	-2.73%
MCHP	F	-2.62%
QCOM	D	-2.58%
SNPS	F	-2.55%
MU	D	-2.4%
INTC	D	-2.11%
SNAP	D	-1.98%
U	D	-1.59%