WFH vs. FCOM ETF Comparison

Comparison of Direxion Work From Home ETF (WFH) to Fidelity MSCI Telecommunication Services Index ETF (FCOM)

WFH

Direxion Work From Home ETF

WFH Description

The Direxion Work From Home ETF offers exposure to companies across four technology pillars, allowing investors to gain exposure to those companies that stand to benefit from an increasingly flexible work environment. The four pillars include Cloud Technologies, Cybersecurity, Online Project and Document Management, and Remote Communications. Companies are selected for inclusion in the index by ARTIS, a proprietary natural language processing algorithm, which uses key words to evaluate large volumes of publicly available information, such as annual reports, business descriptions and financial news.

Grade (RS Rating)

Last Trade

$64.80

Average Daily Volume

998

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FCOM

Fidelity MSCI Telecommunication Services Index ETF

FCOM Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Telecommunication Services 25/50 Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Telecommunication Services 25/50 Index, which represents the performance of the telecommunication services sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Telecommunication Services 25/50 Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$57.90

Average Daily Volume

78,923

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	WFH	FCOM
30 Days	9.46%	5.29%
60 Days	12.26%	7.10%
90 Days	13.87%	9.75%
12 Months	30.33%	35.81%

4 Overlapping Holdings

Symbol	Grade	Weight in WFH	Weight in FCOM	Overlap
ATUS	C	2.76%	0.04%	0.04%
GOOGL	C	2.42%	12.65%	2.42%
META	D	2.43%	21.65%	2.43%
VZ	C	2.12%	4.13%	2.12%

WFH Overweight 36 Positions Relative to FCOM

Symbol	Grade	Weight
TEAM	A	3.32%
HUBS	A	3.04%
DOCU	A	3.02%
CRM	B	2.89%
ZS	C	2.86%
CRWD	B	2.86%
ORCL	B	2.86%
PEGA	A	2.81%
MRVL	B	2.76%
RNG	B	2.72%
NOW	A	2.68%
FTNT	C	2.65%
AMZN	C	2.63%
DDOG	A	2.61%
ZM	B	2.61%
S	B	2.55%
NET	B	2.54%
SMAR	A	2.54%
CSCO	B	2.51%
PANW	C	2.46%
AVGO	D	2.38%
MOMO	D	2.34%
CYBR	B	2.34%
NTCT	C	2.32%
DOCN	D	2.3%
YY	C	2.29%
WDAY	B	2.26%
BOX	B	2.25%
MSFT	F	2.25%
IBM	C	2.21%
OKTA	C	2.2%
SNX	C	2.16%
NTAP	C	2.14%
VRNS	D	2.04%
ADBE	C	1.98%
XRX	F	1.66%

WFH Underweight 89 Positions Relative to FCOM

Symbol	Grade	Weight
GOOG	C	-9.85%
NFLX	A	-5.0%
DIS	B	-4.36%
CMCSA	B	-4.15%
T	A	-4.11%
TMUS	B	-3.35%
TTD	B	-1.8%
EA	A	-1.57%
CHTR	C	-1.49%
TTWO	A	-1.37%
LYV	A	-1.34%
WBD	C	-1.27%
RBLX	C	-1.25%
OMC	C	-1.03%
FOXA	B	-0.85%
NWSA	B	-0.85%
PINS	D	-0.84%
LBRDK	C	-0.81%
IPG	D	-0.77%
ROKU	D	-0.74%
TKO	B	-0.73%
SNAP	C	-0.71%
NYT	C	-0.65%
LUMN	C	-0.65%
MTCH	D	-0.63%
FYBR	D	-0.52%
FOX	A	-0.48%
PARA	C	-0.45%
EDR	A	-0.42%
NXST	C	-0.41%
IAC	D	-0.28%
CNK	B	-0.28%
CCOI	B	-0.28%
MSGS	A	-0.27%
RDDT	B	-0.26%
IRDM	D	-0.25%
TDS	B	-0.25%
SATS	D	-0.24%
CARG	C	-0.24%
TGNA	B	-0.24%
ZI	D	-0.2%
ZD	C	-0.2%
YELP	C	-0.18%
MGNI	A	-0.16%
NPAB	B	-0.16%
SIRI	C	-0.15%
DJT	C	-0.15%
CABO	C	-0.14%
LBRDA	C	-0.12%
TRIP	F	-0.12%
GSAT	C	-0.11%
CARS	B	-0.1%
AMC	C	-0.1%
QNST	B	-0.09%
IMAX	B	-0.09%
VMEO	B	-0.08%
USM	B	-0.08%
MSGE	F	-0.08%
IDT	B	-0.07%
LGF.A	C	-0.07%
LILAK	D	-0.07%
STGW	B	-0.06%
GCI	D	-0.06%
SSTK	F	-0.06%
IAS	C	-0.06%
BMBL	C	-0.06%
TTGT	C	-0.06%
SHEN	F	-0.05%
PUBM	C	-0.05%
SCHL	D	-0.05%
ZIP	F	-0.05%
FUBO	F	-0.04%
EVER	F	-0.04%
IBTA	C	-0.04%
THRY	F	-0.04%
GOGO	C	-0.04%
MCS	B	-0.04%
CNSL	C	-0.03%
BOC	C	-0.03%
ADV	D	-0.03%
ATEX	D	-0.03%
CCO	C	-0.03%
GTN	F	-0.03%
LGF.A	C	-0.03%
MAX	F	-0.03%
LILA	D	-0.02%
EB	C	-0.02%
AMCX	C	-0.02%
ANGI	D	-0.01%