WEBL vs. DWAS ETF Comparison

Comparison of Direxion Daily Dow Jones Internet Bull 3X Shares (WEBL) to PowerShares DWA SmallCap Technical Leaders Portfolio (DWAS)

WEBL

Direxion Daily Dow Jones Internet Bull 3X Shares

WEBL Description

The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the Dow Jones Internet Composite Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments 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 includes companies that generate at least 50% of their annual sales/revenue from the internet as determined by the index provider. It is non-diversified.

Grade (RS Rating)

Last Trade

$26.55

Average Daily Volume

296,416

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DWAS

PowerShares DWA SmallCap Technical Leaders Portfolio

DWAS Description

The PowerShares DWA SmallCap Momentum Portfolio (the Fund) seeks investment results that generally correspond (before fees and expenses) to the price and yield of the Dorsey Wright SmallCap Technical Leaders™ Index (the Underlying Index). The Fund generally will invest at least 90% of its total assets in equity securities of small capitalization companies that comprise the Underlying Index. The Index includes securities pursuant to a Dorsey, Wright & Associates, LLC (Dorsey Wright or the Index Provider) proprietary selection methodology that is designed to identify companies that demonstrate powerful relative strength characteristics. The Index Provider determines a company’s relative strength characteristics based on that company’s market performance. The Index Provider selects approximately 200 companies for inclusion in the Underlying Index from a small-cap universe of approximately 2,000 of the smallest U.S. companies selected from a broader set of 3,000 companies. The Fund and the Index are rebalanced and reconstituted quarterly. Effective on or about Oct. 4, 2013, the name of the Fund changed from PowerShares DWA SmallCap Technical Leaders to PowerShares DWA SmallCap Momentum Portfolio.

Grade (RS Rating)

Last Trade

$102.69

Average Daily Volume

31,945

Number of Holdings ^*

182

* may have additional holdings in another (foreign) market

Performance

Period	WEBL	DWAS
30 Days	36.29%	11.37%
60 Days	44.77%	10.79%
90 Days	58.89%	11.29%
12 Months	134.33%	38.56%

1 Overlapping Holdings

	Symbol	Grade	Weight in WEBL	Weight in DWAS	Overlap
	CVNA	B	0.88%	0.78%	0.78%

WEBL Overweight 40 Positions Relative to DWAS

Symbol	Grade	Weight
AMZN	C	6.28%
META	D	6.18%
NFLX	A	5.54%
CRM	B	4.93%
GOOGL	C	3.49%
BKNG	A	3.21%
CSCO	B	2.91%
GOOG	C	2.89%
ANET	C	2.78%
PYPL	B	2.78%
ABNB	C	1.87%
DASH	A	1.84%
WDAY	B	1.8%
CPRT	A	1.6%
SNOW	C	1.43%
DDOG	A	1.32%
TEAM	A	1.27%
HUBS	A	1.14%
VEEV	C	1.07%
EBAY	D	0.97%
NET	B	0.91%
RBLX	C	0.9%
GDDY	A	0.83%
ZM	B	0.67%
DKNG	B	0.64%
NTNX	A	0.56%
PINS	D	0.56%
DOCU	A	0.52%
VRSN	F	0.49%
AKAM	D	0.44%
JNPR	F	0.4%
OKTA	C	0.39%
PAYC	B	0.36%
CIEN	B	0.32%
SMAR	A	0.24%
CFLT	B	0.23%
DBX	B	0.21%
MARA	C	0.2%
BOX	B	0.16%
ZI	D	0.1%

WEBL Underweight 181 Positions Relative to DWAS

Symbol	Grade	Weight
LMB	A	-1.64%
STRL	B	-1.57%
MOD	A	-1.55%
ADMA	B	-1.49%
KNTK	B	-1.18%
COOP	B	-1.1%
NUVL	D	-1.02%
AMSC	B	-0.95%
CRS	A	-0.92%
SFM	A	-0.89%
CSWI	A	-0.88%
UFPT	B	-0.88%
DFIN	D	-0.85%
HRTG	C	-0.82%
BELFB	C	-0.8%
RNA	D	-0.79%
GRBK	D	-0.78%
BYRN	B	-0.74%
USLM	A	-0.74%
OSCR	D	-0.7%
CECO	A	-0.7%
NBN	B	-0.7%
USAP	B	-0.68%
GPI	A	-0.66%
VCTR	B	-0.64%
RXST	F	-0.61%
RDW	B	-0.61%
ATI	D	-0.61%
SKYW	B	-0.61%
MLI	C	-0.6%
AMRX	C	-0.6%
ENVA	B	-0.59%
PAY	B	-0.57%
AROC	B	-0.55%
HWKN	B	-0.54%
BMI	B	-0.54%
AGX	B	-0.53%
COMM	D	-0.52%
GVA	A	-0.51%
TPC	C	-0.51%
CCB	A	-0.5%
TDS	B	-0.49%
PCT	C	-0.49%
KRYS	B	-0.49%
VERX	B	-0.49%
PIPR	B	-0.49%
TRAK	B	-0.48%
IDCC	A	-0.48%
SKT	B	-0.48%
PRIM	A	-0.48%
ALSN	B	-0.47%
VSEC	C	-0.47%
CNX	A	-0.47%
JXN	C	-0.46%
CRVL	A	-0.46%
RUSHA	C	-0.46%
RDNT	B	-0.46%
CORT	B	-0.46%
QTWO	A	-0.45%
KTB	B	-0.45%
NECB	B	-0.45%
LPX	B	-0.44%
UTI	A	-0.44%
FSS	B	-0.44%
ROAD	A	-0.44%
AUR	C	-0.43%
HROW	D	-0.43%
BSIG	A	-0.43%
TGTX	B	-0.43%
PRDO	B	-0.43%
SKY	A	-0.43%
APLT	B	-0.43%
LMAT	A	-0.42%
SLVM	B	-0.42%
SNEX	B	-0.42%
CASH	A	-0.42%
TVTX	B	-0.42%
OFG	B	-0.42%
AGYS	A	-0.42%
APOG	B	-0.42%
MATX	C	-0.42%
AVAV	D	-0.41%
ESQ	A	-0.41%
SXI	B	-0.41%
RYAN	B	-0.41%
NRIX	D	-0.41%
NRIM	A	-0.41%
ZETA	D	-0.41%
NGVC	A	-0.41%
WT	B	-0.41%
INBK	B	-0.41%
ALKT	B	-0.41%
MLR	B	-0.4%
FRPT	B	-0.4%
AGM	C	-0.4%
RYTM	C	-0.4%
PRCT	B	-0.4%
BBSI	B	-0.4%
RYAM	C	-0.4%
GKOS	B	-0.4%
R	B	-0.4%
MMSI	B	-0.4%
SPNT	A	-0.39%
ACVA	B	-0.39%
RSI	B	-0.39%
AMAL	B	-0.39%
BDC	B	-0.39%
MOG.A	B	-0.39%
HURN	B	-0.39%
WEAV	B	-0.39%
CVLT	B	-0.39%
BGC	C	-0.39%
NPO	A	-0.38%
CVCO	A	-0.38%
OCUL	D	-0.38%
REVG	B	-0.38%
SLG	B	-0.38%
GOLF	B	-0.38%
INSM	C	-0.37%
DY	D	-0.37%
WLDN	D	-0.37%
PBI	B	-0.37%
TBBK	B	-0.37%
AXSM	B	-0.37%
VNO	B	-0.37%
AVAH	B	-0.37%
MHO	D	-0.37%
IMNM	F	-0.37%
DSGR	D	-0.36%
FBP	B	-0.36%
SMTC	B	-0.36%
NMRK	B	-0.36%
CRNX	C	-0.36%
KEX	C	-0.36%
SAVA	D	-0.35%
MTG	C	-0.35%
CDMO	B	-0.35%
BVS	D	-0.35%
CBT	C	-0.35%
ALHC	C	-0.35%
TREE	F	-0.34%
AQST	D	-0.34%
GIII	D	-0.34%
PLCE	C	-0.34%
CXT	B	-0.34%
SERA	F	-0.34%
CDE	D	-0.34%
AXGN	D	-0.33%
TPH	D	-0.33%
SWIM	C	-0.33%
TWST	D	-0.33%
PI	D	-0.33%
PNTG	D	-0.33%
KYMR	D	-0.33%
PTGX	C	-0.32%
GCI	D	-0.32%
VRNS	D	-0.32%
PATK	D	-0.32%
MBIN	D	-0.31%
KBH	D	-0.31%
ICFI	F	-0.31%
COGT	D	-0.3%
ALDX	D	-0.29%
MG	D	-0.29%
THRD	D	-0.29%
BOOT	D	-0.29%
MEC	D	-0.29%
LSEA	D	-0.28%
ATRO	D	-0.28%
DFH	D	-0.28%
PLUS	F	-0.28%
BKD	D	-0.27%
HBB	F	-0.25%
UWMC	D	-0.25%
RKT	F	-0.25%
MAX	F	-0.24%
TNDM	F	-0.23%
RDFN	D	-0.22%
IGMS	F	-0.19%
PHAT	F	-0.17%
NOVA	F	-0.12%