WEBL vs. LRND ETF Comparison

Comparison of Direxion Daily Dow Jones Internet Bull 3X Shares (WEBL) to IQ U.S. Large Cap R&D Leaders ETF (LRND)

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

$27.46

Average Daily Volume

303,324

Number of Holdings ^*

* may have additional holdings in another (foreign) market

LRND

IQ U.S. Large Cap R&D Leaders ETF

LRND Description

IQ U.S. Large Cap R&D Leaders ETF is an exchange traded fund launched by New York Life Investment Management LLC. The fund is managed by IndexIQ Advisors LLC. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of large-cap companies. The fund seeks to track the performance of the IQ U.S. Large Cap R&D Leaders Index, by using full replication technique. IQ U.S. Large Cap R&D Leaders ETF was formed on December 14, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$34.32

Average Daily Volume

407

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	WEBL	LRND
30 Days	36.96%	2.82%
60 Days	47.79%	3.24%
90 Days	72.60%	6.93%
12 Months	142.58%	30.34%

17 Overlapping Holdings

Symbol	Grade	Weight in WEBL	Weight in LRND	Overlap
ABNB	C	1.89%	0.36%	0.36%
AMZN	B	6.07%	8.83%	6.07%
CRM	B	4.88%	1.2%	1.2%
CSCO	A	2.91%	1.69%	1.69%
DASH	A	1.84%	0.26%	0.26%
DDOG	B	1.37%	0.22%	0.22%
EBAY	C	0.96%	0.29%	0.29%
GOOGL	C	3.52%	8.96%	3.52%
JNPR	F	0.37%	0.2%	0.2%
META	D	6.1%	6.33%	6.1%
NFLX	B	5.89%	0.64%	0.64%
PINS	D	0.56%	0.21%	0.21%
PYPL	B	2.77%	0.63%	0.63%
RBLX	C	0.89%	0.29%	0.29%
SNOW	C	1.44%	0.34%	0.34%
TEAM	B	1.26%	0.61%	0.61%
WDAY	C	1.74%	0.51%	0.51%

WEBL Overweight 24 Positions Relative to LRND

Symbol	Grade	Weight
BKNG	A	3.26%
GOOG	C	2.91%
ANET	C	2.76%
CPRT	A	1.56%
HUBS	B	1.15%
VEEV	B	0.99%
NET	B	0.96%
CVNA	B	0.9%
GDDY	A	0.85%
DKNG	C	0.68%
ZM	B	0.65%
NTNX	B	0.55%
DOCU	B	0.51%
VRSN	C	0.48%
AKAM	D	0.44%
OKTA	C	0.38%
PAYC	A	0.35%
CIEN	B	0.31%
SMAR	A	0.24%
CFLT	B	0.23%
MARA	C	0.22%
DBX	C	0.2%
BOX	A	0.16%
ZI	D	0.1%

WEBL Underweight 82 Positions Relative to LRND

Symbol	Grade	Weight
AAPL	A	-5.93%
MSFT	C	-5.41%
INTC	D	-3.6%
MRK	D	-2.9%
JNJ	D	-2.7%
NVDA	C	-2.45%
GM	C	-2.19%
BMY	B	-2.13%
ORCL	B	-1.91%
PFE	D	-1.72%
QCOM	F	-1.63%
F	C	-1.62%
AVGO	D	-1.58%
LLY	D	-1.55%
VRTX	D	-1.54%
IBM	C	-1.3%
ABBV	D	-1.24%
TSLA	B	-1.22%
GILD	B	-1.17%
AMD	F	-1.05%
AMGN	F	-0.85%
SQ	C	-0.72%
ADBE	C	-0.7%
MU	D	-0.69%
BA	F	-0.66%
DELL	C	-0.63%
INTU	C	-0.56%
UBER	D	-0.56%
REGN	F	-0.55%
RTX	D	-0.55%
EA	B	-0.55%
INCY	B	-0.54%
AMAT	F	-0.54%
ABT	B	-0.54%
MDT	D	-0.52%
MRNA	F	-0.5%
HPE	B	-0.5%
NOW	A	-0.49%
MRVL	B	-0.44%
CAT	B	-0.43%
DE	B	-0.43%
SPOT	B	-0.4%
SNPS	B	-0.4%
PANW	B	-0.39%
PG	A	-0.38%
TXN	D	-0.37%
WDC	C	-0.35%
LRCX	D	-0.34%
CMI	A	-0.34%
HPQ	B	-0.34%
EXPE	B	-0.33%
GE	C	-0.33%
HON	B	-0.32%
BIIB	F	-0.31%
CDNS	B	-0.31%
RIVN	D	-0.3%
BSX	B	-0.3%
ADSK	B	-0.3%
MMM	C	-0.29%
SYK	B	-0.28%
LMT	D	-0.27%
ADI	D	-0.27%
DHR	D	-0.26%
ACN	B	-0.26%
CTVA	A	-0.26%
ILMN	C	-0.25%
EXEL	A	-0.25%
ISRG	B	-0.23%
GEHC	F	-0.23%
EW	C	-0.22%
TMO	F	-0.21%
GLW	B	-0.21%
NOC	D	-0.21%
BDX	F	-0.21%
CNH	B	-0.2%
KLAC	D	-0.2%
APTV	F	-0.19%
NTAP	B	-0.19%
ALNY	D	-0.18%
U	C	-0.17%
MCHP	D	-0.17%
LCID	F	-0.12%