VCAR vs. TECL ETF Comparison

Comparison of Simplify Volt RoboCar Disruption and Tech ETF (VCAR) to Direxion Technology Bull 3X Shares (TECL)

VCAR

Simplify Volt RoboCar Disruption and Tech ETF

VCAR Description

The Simplify Volt Robocar Disruption and Tech ETF is not just another thematic investment product. VCAR is designed to concentrate in those few disruptive companies poised to dominate autonomous driving and then enhance the concentrated exposures with options. With our partner Volt Equity our investment process begins with a first principles approach to identify those few companies poised to lead the disruption. We then deploy a sophisticated option overlay to create convexity in the portfolio to enhance the upside while improving drawdowns.

Grade (RS Rating)

Last Trade

$11.10

Average Daily Volume

2,716

Number of Holdings ^*

* may have additional holdings in another (foreign) market

TECL

Direxion Technology Bull 3X Shares

TECL Description

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the Technology Select Sector Index. The fund creates long positions by investing at least 80% of its assets in the securities that comprise the index and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index includes domestic companies from the following industries: computers & peripherals; software; diversified telecommunications services; communications equipment; semiconductors & seminconductor equipment; internet software & services; IT services; etc. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$86.77

Average Daily Volume

1,743,685

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VCAR	TECL
30 Days	5.60%	5.00%
60 Days	3.45%	6.43%
90 Days	0.12%	-10.90%
12 Months	33.00%	103.89%

20 Overlapping Holdings

Symbol	Grade	Weight in VCAR	Weight in TECL	Overlap
AAPL	C	4.33%	3.35%	3.35%
ADBE	F	0.09%	1.64%	0.09%
ADI	C	2.25%	0.79%	0.79%
ADSK	B	0.41%	0.4%	0.4%
AMD	C	11.04%	1.77%	1.77%
ANSS	D	0.17%	0.2%	0.17%
CRWD	D	0.44%	0.49%	0.44%
HPQ	C	0.2%	0.21%	0.2%
INTC	D	0.73%	0.65%	0.65%
KLAC	D	0.68%	0.72%	0.68%
LRCX	D	0.62%	0.71%	0.62%
MCHP	D	0.26%	0.29%	0.26%
MSFT	C	7.44%	14.9%	7.44%
MU	D	0.71%	0.71%	0.71%
NVDA	C	22.01%	13.14%	13.14%
NXPI	D	0.43%	0.42%	0.42%
PANW	D	0.03%	0.77%	0.03%
SNPS	F	0.48%	0.54%	0.48%
TXN	B	0.24%	1.3%	0.24%
VRSN	C	0.18%	0.11%	0.11%

VCAR Overweight 29 Positions Relative to TECL

Symbol	Grade	Weight
TSLA	C	6.98%
LMND	F	4.75%
ASML	F	4.28%
AMZN	C	4.01%
GOOG	D	3.97%
SQ	D	3.69%
META	B	2.68%
NFLX	B	1.1%
AUR	C	0.81%
DIS	D	0.78%
COST	C	0.73%
MRVL	D	0.47%
AMKR	F	0.47%
RIO	B	0.35%
BHP	C	0.33%
GFS	F	0.28%
VALE	C	0.27%
ARBE	D	0.22%
SQM	D	0.22%
PAYX	C	0.21%
RIVN	F	0.19%
ALB	D	0.17%
KO	B	0.15%
MCO	C	0.15%
TSM	C	0.15%
AXP	B	0.11%
NIO	C	0.1%
LCID	C	0.09%
DDOG	D	0.01%

VCAR Underweight 46 Positions Relative to TECL

Symbol	Grade	Weight
AVGO	C	-3.07%
ORCL	B	-1.88%
CRM	C	-1.82%
ACN	C	-1.49%
CSCO	B	-1.48%
IBM	B	-1.41%
NOW	C	-1.35%
QCOM	D	-1.33%
INTU	D	-1.27%
AMAT	D	-1.12%
ANET	C	-0.69%
APH	C	-0.56%
MSI	B	-0.52%
CDNS	D	-0.52%
ROP	C	-0.42%
FICO	B	-0.34%
FTNT	B	-0.34%
TEL	D	-0.32%
MPWR	B	-0.3%
IT	C	-0.28%
CTSH	B	-0.26%
GLW	B	-0.24%
ON	D	-0.21%
CDW	D	-0.21%
KEYS	B	-0.19%
NTAP	D	-0.18%
FSLR	C	-0.18%
HPE	C	-0.17%
TYL	C	-0.17%
GDDY	C	-0.16%
SMCI	F	-0.16%
PTC	C	-0.15%
WDC	C	-0.15%
TER	C	-0.14%
STX	B	-0.14%
TDY	B	-0.14%
ZBRA	B	-0.13%
AKAM	D	-0.11%
ENPH	D	-0.11%
SWKS	F	-0.11%
JBL	C	-0.1%
TRMB	C	-0.1%
JNPR	A	-0.09%
FFIV	B	-0.09%
EPAM	F	-0.08%
QRVO	F	-0.07%