UTSL vs. BTAL ETF Comparison

Comparison of Direxion Daily Utilities Bull 3X Shares (UTSL) to QuantShares U.S. Market Neutral Anti Beta Fund ETF (BTAL)

UTSL

Direxion Daily Utilities Bull 3X Shares

UTSL Description

The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the Utilities Select Sector Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments that provide daily leveraged exposure to the index and/or ETFs that track the index. The index is provided by S&P Dow Jones Indices and includes domestic companies from the utilities sector which includes the following industries: electric utilities; multi-utilities; water utilities; independent power producers and energy trades; and gas utilities. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$28.53

Average Daily Volume

221,247

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BTAL

QuantShares U.S. Market Neutral Anti Beta Fund ETF

BTAL Description

The investment seeks performance results that correspond to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Thematic Market Neutral Anti-Beta Index. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in common stock, including the short positions, in the Target Anti-Beta Index. The Target Anti-Beta Index is a market neutral index that is dollar-neutral. As such, it identifies long and short securities positions of approximately equal dollar amounts. In choosing to track a market neutral index, the fund seeks to limit the effects of general market movements on the fund.

Grade (RS Rating)

Last Trade

$19.05

Average Daily Volume

285,458

Number of Holdings ^*

390

* may have additional holdings in another (foreign) market

Performance

Period	UTSL	BTAL
30 Days	30.75%	4.27%
60 Days	35.79%	4.90%
90 Days	60.19%	4.84%
12 Months	-1.62%	-7.52%

11 Overlapping Holdings

Symbol	Grade	Weight in UTSL	Weight in BTAL	Overlap
AEP	A	3.33%	0.45%	0.45%
AES	B	0.87%	-0.47%	-0.47%
AWK	B	1.75%	-0.43%	-0.43%
D	B	3.07%	-0.45%	-0.45%
DUK	A	5.52%	0.45%	0.45%
ED	A	2.35%	0.45%	0.45%
NRG	B	1.19%	-0.56%	-0.56%
PNW	B	0.61%	0.44%	0.44%
SO	A	5.84%	0.46%	0.46%
WEC	B	1.87%	0.45%	0.45%
XEL	C	2.13%	0.38%	0.38%

UTSL Overweight 19 Positions Relative to BTAL

Symbol	Grade	Weight
NEE	B	10.11%
CEG	A	4.23%
SRE	B	3.25%
EXC	B	2.71%
PCG	B	2.67%
PEG	A	2.5%
EIX	A	1.96%
DTE	A	1.65%
ETR	A	1.62%
ES	B	1.55%
PPL	A	1.48%
FE	A	1.44%
AEE	C	1.41%
CNP	B	1.33%
ATO	A	1.29%
CMS	A	1.29%
LNT	B	0.92%
EVRG	B	0.87%
NI	A	0.83%

UTSL Underweight 379 Positions Relative to BTAL

Symbol	Grade	Weight
VST	B	-0.65%
EME	A	-0.52%
TPL	C	-0.52%
FTI	B	-0.48%
KR	B	-0.48%
MDU	A	-0.48%
EDR	A	-0.47%
SNX	A	-0.47%
NTAP	B	-0.47%
DKS	C	-0.47%
RGA	A	-0.46%
KBR	B	-0.46%
RYAN	D	-0.46%
XOM	B	-0.46%
MKL	A	-0.46%
PGR	A	-0.46%
CLH	B	-0.46%
RTX	A	-0.46%
CACI	A	-0.46%
GD	A	-0.45%
ACGL	A	-0.45%
FANG	B	-0.45%
AVB	A	-0.45%
TSCO	B	-0.45%
DCI	B	-0.45%
RDN	C	-0.45%
FLO	B	-0.45%
CW	A	-0.45%
NOC	B	-0.45%
FMC	B	-0.45%
FOXA	B	-0.44%
ELV	A	-0.44%
UNM	B	-0.44%
ERIE	C	-0.44%
BWXT	D	-0.44%
KMI	A	-0.44%
GPC	B	-0.44%
SFM	A	-0.44%
MCK	B	-0.44%
OXY	C	-0.44%
AMCR	A	-0.44%
DGX	B	-0.44%
GIS	C	-0.44%
WEN	B	-0.44%
CPB	B	-0.44%
CI	D	-0.44%
ALL	B	-0.44%
EQR	A	-0.44%
HUBB	D	-0.43%
ROL	B	-0.43%
MPC	D	-0.43%
MUSA	D	-0.43%
AVT	A	-0.43%
BJ	B	-0.43%
CASY	A	-0.43%
NBIX	B	-0.43%
ORI	A	-0.43%
CVX	B	-0.43%
GE	A	-0.43%
LMT	A	-0.43%
HEI	A	-0.43%
CHH	F	-0.43%
PKG	D	-0.42%
SNA	D	-0.42%
ORLY	D	-0.42%
MSA	C	-0.42%
ADC	B	-0.42%
TGNA	D	-0.42%
MSI	A	-0.42%
L	A	-0.42%
T	B	-0.42%
EG	C	-0.42%
ATR	A	-0.42%
HIG	C	-0.42%
TXRH	B	-0.42%
GLW	B	-0.42%
PAYC	F	-0.42%
DECK	D	-0.42%
O	B	-0.42%
VZ	D	-0.41%
YUM	C	-0.41%
WM	B	-0.41%
LOPE	B	-0.41%
RNR	C	-0.41%
GPK	C	-0.41%
WPC	C	-0.41%
MSFT	C	-0.41%
PAG	F	-0.41%
HLT	D	-0.41%
CHE	D	-0.41%
AXS	A	-0.41%
PFE	D	-0.41%
DBX	F	-0.41%
SBRA	A	-0.41%
TMUS	B	-0.41%
SLGN	B	-0.41%
LPLA	B	-0.41%
LIN	D	-0.41%
SIGI	F	-0.41%
DG	D	-0.41%
KHC	C	-0.41%
MRK	B	-0.41%
MMC	C	-0.41%
CB	C	-0.41%
PNM	C	-0.41%
DLR	D	-0.41%
CF	F	-0.4%
FCN	B	-0.4%
HQY	D	-0.4%
LANC	D	-0.4%
HPQ	C	-0.4%
TRV	D	-0.4%
GLPI	D	-0.4%
CSCO	D	-0.4%
AIZ	D	-0.4%
PTC	D	-0.4%
HRB	B	-0.4%
J	D	-0.4%
RLI	A	-0.4%
VICI	B	-0.4%
UNH	C	-0.4%
CACC	D	-0.4%
CTVA	B	-0.4%
AMGN	B	-0.4%
LLY	C	-0.4%
BRO	C	-0.4%
CHRW	C	-0.4%
OHI	B	-0.4%
TXT	D	-0.4%
RSG	C	-0.4%
HON	C	-0.4%
WH	F	-0.39%
PCAR	D	-0.39%
VRSK	B	-0.39%
JNPR	D	-0.39%
CME	C	-0.39%
TJX	C	-0.39%
JNJ	F	-0.39%
SRPT	B	-0.39%
DLB	C	-0.39%
THG	A	-0.39%
MSM	F	-0.38%
WTM	A	-0.38%
WRB	D	-0.38%
GWRE	C	-0.38%
ELS	D	-0.38%
DOX	D	-0.38%
FTNT	F	-0.38%
AON	F	-0.38%
GILD	F	-0.37%
CNC	C	-0.37%
OLLI	B	-0.37%
ABBV	D	-0.37%
LSCC	F	-0.37%
WTW	D	-0.37%
MCD	F	-0.37%
EA	F	-0.37%
VRSN	F	-0.37%
CBOE	C	-0.37%
ROP	D	-0.37%
SAIC	C	-0.37%
IBM	D	-0.37%
CDW	F	-0.36%
TDY	D	-0.36%
CSX	D	-0.36%
HUM	F	-0.36%
DRI	F	-0.36%
BMY	F	-0.36%
FFIV	D	-0.36%
COLD	F	-0.36%
ON	F	-0.36%
CFLT	C	-0.35%
MOH	D	-0.35%
KNX	D	-0.34%
CTSH	D	-0.34%
CIEN	D	-0.34%
CMG	A	-0.33%
FOXF	F	-0.33%
TNET	F	-0.33%
ALKS	F	-0.33%
NEU	D	-0.33%
AGL	F	-0.33%
X	D	-0.32%
AZO	D	-0.31%
ULTA	F	-0.29%
FIVE	F	-0.29%
GL	F	-0.26%
GEV	C	-0.09%
SHLS	F	--0.23%
TXG	F	--0.24%
CRSP	F	--0.26%
OPEN	F	--0.27%
BRZE	F	--0.28%
DV	F	--0.28%
SAIA	F	--0.29%
INTC	F	--0.29%
PTON	D	--0.29%
ZS	F	--0.29%
U	F	--0.3%
ARWR	F	--0.31%
PATH	D	--0.32%
FOUR	F	--0.32%
Z	F	--0.32%
PLD	D	--0.32%
UAA	F	--0.32%
CLVT	F	--0.32%
SAM	D	--0.32%
NTLA	F	--0.33%
PVH	D	--0.33%
SOFI	F	--0.33%
DAY	F	--0.33%
ELF	D	--0.33%
ELAN	B	--0.33%
RGEN	F	--0.33%
THO	D	--0.33%
EFX	D	--0.34%
ODFL	F	--0.34%
IDXX	D	--0.34%
MPWR	B	--0.34%
WBA	F	--0.34%
CLF	F	--0.34%
TDOC	F	--0.35%
UBER	D	--0.35%
RIVN	F	--0.35%
AFRM	D	--0.35%
SEDG	F	--0.35%
COTY	F	--0.35%
DOCS	F	--0.35%
MDB	F	--0.35%
FCNCA	B	--0.35%
NVCR	D	--0.35%
NET	F	--0.36%
SSD	D	--0.36%
RYN	F	--0.36%
XPO	D	--0.36%
CAR	D	--0.36%
SEE	C	--0.36%
CZR	F	--0.36%
VLY	F	--0.36%
RBLX	C	--0.36%
RUN	D	--0.36%
ENPH	F	--0.36%
DXC	F	--0.36%
CACC	D	--0.36%
SITE	F	--0.36%
EL	F	--0.36%
LITE	F	--0.36%
ILMN	F	--0.37%
BXP	F	--0.37%
FIVN	F	--0.37%
ROKU	F	--0.37%
TSLA	D	--0.37%
TFX	F	--0.37%
VEEV	D	--0.37%
SMAR	D	--0.37%
GH	D	--0.37%
CHWY	F	--0.37%
SQ	D	--0.37%
CC	C	--0.37%
FYBR	B	--0.37%
ALGN	F	--0.38%
KRC	F	--0.38%
PNFP	C	--0.38%
RH	D	--0.38%
PLTR	D	--0.38%
TREX	D	--0.38%
CG	D	--0.38%
GXO	C	--0.38%
BX	D	--0.38%
COHR	D	--0.38%
MRVL	D	--0.38%
ICUI	F	--0.38%
HUBS	D	--0.38%
ALB	C	--0.39%
TRU	C	--0.39%
WMS	C	--0.39%
CBRE	D	--0.39%
ZI	F	--0.39%
RNG	C	--0.39%
W	C	--0.39%
JLL	C	--0.39%
MGM	F	--0.39%
APO	C	--0.39%
CTLT	D	--0.39%
WBS	D	--0.39%
IQV	D	--0.39%
CRL	D	--0.39%
FND	D	--0.39%
MHK	D	--0.4%
LYFT	C	--0.4%
KKR	C	--0.4%
TPG	D	--0.4%
AMKR	C	--0.4%
PENN	F	--0.4%
BLDR	D	--0.4%
DAR	D	--0.4%
EXPE	F	--0.4%
USFD	C	--0.4%
ETSY	F	--0.4%
CCL	F	--0.4%
SNV	C	--0.4%
ALIT	F	--0.4%
SLB	F	--0.4%
WAL	B	--0.41%
WOLF	F	--0.41%
CUZ	B	--0.41%
TROW	D	--0.41%
VNO	F	--0.41%
JHG	A	--0.41%
NCLH	F	--0.41%
URI	D	--0.41%
TTD	B	--0.42%
CMA	B	--0.42%
ARE	D	--0.42%
LPX	A	--0.42%
EXAS	F	--0.42%
BLD	D	--0.42%
HAL	F	--0.42%
TGT	D	--0.42%
ABNB	D	--0.42%
DKNG	D	--0.42%
LNC	C	--0.42%
EXP	A	--0.42%
CE	C	--0.42%
ITT	A	--0.42%
HOOD	C	--0.43%
CHX	D	--0.43%
NWE	B	--0.43%
WCC	B	--0.43%
APG	D	--0.43%
TWLO	D	--0.43%
SWK	F	--0.43%
IOT	B	--0.43%
PNR	C	--0.43%
JEF	B	--0.43%
OWL	B	--0.43%
ZION	B	--0.44%
NOV	D	--0.44%
MIDD	F	--0.44%
MP	D	--0.44%
CSGP	C	--0.44%
LAMR	B	--0.44%
OZK	B	--0.44%
BKH	B	--0.44%
CWEN	B	--0.44%
KEY	C	--0.44%
PINS	A	--0.44%
DASH	D	--0.44%
ALLY	B	--0.44%
COIN	D	--0.44%
PYPL	C	--0.45%
AXON	B	--0.45%
DOCU	B	--0.45%
RIG	F	--0.45%
CELH	D	--0.45%
PARA	C	--0.45%
ZBRA	A	--0.45%
AVA	B	--0.45%
OMF	B	--0.45%
OVV	C	--0.45%
UGI	B	--0.45%
CFG	A	--0.46%
SMG	D	--0.47%
OC	B	--0.47%
GTLS	B	--0.47%
APP	B	--0.48%
GNRC	B	--0.48%
DAL	A	--0.49%
DUOL	B	--0.49%
MRNA	B	--0.49%
ETRN	B	--0.51%
CVNA	B	--0.51%
NTRA	B	--0.52%
MSTR	D	--0.53%
FCX	B	--0.53%
HCP	B	--0.53%
AA	B	--0.55%
INSP	D	--0.56%
SNAP	B	--0.6%