VLUE vs. FAS ETF Comparison

Comparison of iShares MSCI USA Value Factor (VLUE) to Direxion Financial Bull 3X Shares (FAS)

VLUE

iShares MSCI USA Value Factor

VLUE Description

The investment seeks to track the performance of MSCI USA Value Weighted Index that measures the performance of U.S. large- and mid-capitalization stocks with value characteristics and relatively lower valuations, before fees and expenses. The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The MSCI USA Value Weighted Index (the "underlying index") is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid- capitalization stocks.

Grade (RS Rating)

Last Trade

$114.13

Average Daily Volume

324,164

Number of Holdings ^*

148

* 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

$175.62

Average Daily Volume

588,047

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VLUE	FAS
30 Days	4.45%	21.76%
60 Days	5.68%	33.63%
90 Days	7.63%	42.90%
12 Months	25.66%	160.25%

24 Overlapping Holdings

Symbol	Grade	Weight in VLUE	Weight in FAS	Overlap
AIG	B	0.5%	0.48%	0.48%
BAC	A	2.25%	3.06%	2.25%
BEN	C	0.06%	0.07%	0.06%
BK	A	0.47%	0.57%	0.47%
C	A	1.78%	1.29%	1.29%
CFG	B	0.26%	0.21%	0.21%
COF	B	0.66%	0.69%	0.66%
EG	C	0.17%	0.16%	0.16%
FITB	A	0.21%	0.32%	0.21%
GPN	B	0.21%	0.29%	0.21%
GS	A	1.43%	1.84%	1.43%
HBAN	A	0.17%	0.25%	0.17%
HIG	B	0.22%	0.34%	0.22%
KEY	B	0.13%	0.18%	0.13%
L	A	0.13%	0.15%	0.13%
MET	A	0.46%	0.48%	0.46%
MTB	A	0.31%	0.35%	0.31%
PRU	A	0.45%	0.44%	0.44%
RF	A	0.2%	0.24%	0.2%
STT	A	0.26%	0.28%	0.26%
SYF	B	0.24%	0.25%	0.24%
TFC	A	0.54%	0.61%	0.54%
USB	A	0.48%	0.78%	0.48%
WFC	A	1.92%	2.45%	1.92%

VLUE Overweight 124 Positions Relative to FAS

Symbol	Grade	Weight
CSCO	B	6.43%
T	A	6.04%
IBM	C	3.86%
INTC	D	3.65%
GM	B	3.6%
VZ	C	2.91%
AMAT	F	2.37%
PFE	D	2.07%
RTX	C	1.77%
F	C	1.68%
BMY	B	1.55%
LEN	D	1.49%
CVS	D	1.46%
MO	A	1.45%
DHI	D	1.4%
HPE	B	1.4%
CI	F	1.37%
GILD	C	1.29%
SPG	B	1.26%
HPQ	B	1.19%
FDX	B	1.18%
NXPI	D	1.12%
GLW	B	1.1%
CTSH	B	1.1%
TEL	B	1.02%
ELV	F	0.97%
PHM	D	0.94%
DELL	C	0.84%
VLO	C	0.78%
URI	B	0.77%
PCAR	B	0.76%
KR	B	0.75%
KHC	F	0.74%
WBD	C	0.7%
ON	D	0.67%
ADM	D	0.65%
PCG	A	0.63%
JCI	C	0.61%
FANG	D	0.6%
CMI	A	0.6%
CNC	D	0.57%
WY	D	0.55%
LHX	C	0.53%
NTAP	C	0.52%
EXPE	B	0.48%
D	C	0.47%
ZM	B	0.47%
SWKS	F	0.46%
VST	B	0.45%
VTRS	A	0.45%
NUE	C	0.45%
MRO	B	0.44%
TSN	B	0.44%
GEN	B	0.42%
FSLR	F	0.38%
BBY	D	0.38%
TAP	C	0.38%
FFIV	B	0.37%
BLDR	D	0.36%
OC	A	0.36%
CTRA	B	0.35%
TWLO	A	0.34%
FOXA	B	0.33%
OVV	B	0.33%
JNPR	F	0.33%
WAB	B	0.32%
PPL	B	0.32%
JBL	B	0.31%
EQT	B	0.28%
PARA	C	0.27%
EVRG	A	0.27%
STLD	B	0.27%
SSNC	B	0.25%
DAL	C	0.25%
LKQ	D	0.24%
LH	C	0.24%
TXT	D	0.24%
UTHR	C	0.23%
ATO	A	0.23%
AZPN	A	0.23%
SNA	A	0.23%
DOW	F	0.23%
CAG	D	0.23%
HST	C	0.23%
WBA	F	0.22%
SJM	D	0.22%
LYB	F	0.22%
ES	D	0.22%
BG	F	0.2%
EXE	B	0.2%
LDOS	C	0.19%
IP	B	0.19%
MAA	B	0.19%
RPRX	D	0.19%
DGX	A	0.19%
KNX	B	0.19%
FOX	A	0.18%
UHS	D	0.18%
QRVO	F	0.18%
MOS	F	0.17%
CNH	C	0.17%
CF	B	0.16%
DINO	D	0.16%
APA	D	0.15%
AKAM	D	0.14%
SOLV	C	0.14%
APTV	D	0.13%
CPT	B	0.13%
SW	A	0.13%
FCNCA	A	0.12%
EQH	B	0.12%
ACI	C	0.12%
LUV	C	0.12%
UHAL	D	0.11%
FBIN	D	0.11%
NLY	C	0.11%
ALLY	C	0.1%
SWK	D	0.1%
EMN	D	0.1%
FNF	B	0.09%
HII	D	0.09%
DVA	B	0.08%
WLK	D	0.05%
BIO	D	0.05%

VLUE Underweight 48 Positions Relative to FAS

Symbol	Grade	Weight
BRK.A	B	-8.47%
JPM	A	-6.8%
V	A	-5.09%
MA	C	-4.24%
MS	A	-1.63%
SPGI	C	-1.62%
AXP	A	-1.6%
PGR	A	-1.49%
BLK	C	-1.44%
BX	A	-1.29%
FI	A	-1.2%
SCHW	B	-1.18%
MMC	B	-1.08%
CB	C	-1.07%
KKR	A	-1.0%
ICE	C	-0.89%
PYPL	B	-0.87%
PNC	B	-0.82%
AON	A	-0.81%
CME	A	-0.8%
MCO	B	-0.75%
AJG	B	-0.64%
TRV	B	-0.58%
AMP	A	-0.55%
AFL	B	-0.55%
ALL	A	-0.51%
FIS	C	-0.48%
MSCI	C	-0.47%
DFS	B	-0.43%
ACGL	D	-0.37%
WTW	B	-0.32%
NDAQ	A	-0.32%
RJF	A	-0.29%
BRO	B	-0.26%
TROW	B	-0.26%
CPAY	A	-0.25%
CINF	A	-0.23%
CBOE	B	-0.21%
NTRS	A	-0.21%
FDS	B	-0.19%
WRB	A	-0.18%
PFG	D	-0.18%
JKHY	D	-0.12%
AIZ	A	-0.11%
GL	B	-0.1%
MKTX	D	-0.1%
ERIE	D	-0.1%
IVZ	B	-0.08%