WFH vs. FITE ETF Comparison
Comparison of Direxion Work From Home ETF (WFH) to SPDR S&P Kensho Future Security ETF (FITE)
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
$64.15
Average Daily Volume
995
40
FITE
SPDR S&P Kensho Future Security ETF
FITE Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Kensho Future Security Index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is comprised of U.S.-listed equity securities (including depositary receipts) of companies domiciled across developed and emerging markets worldwide which are included in the Future Security sector as determined by a classification standard produced by the index provider. The fund is non-diversified.Grade (RS Rating)
Last Trade
$67.40
Average Daily Volume
4,145
60
Performance
Period | WFH | FITE |
---|---|---|
30 Days | 6.72% | 6.73% |
60 Days | 11.10% | 11.49% |
90 Days | 12.72% | 10.84% |
12 Months | 29.02% | 34.85% |
13 Overlapping Holdings
Symbol | Grade | Weight in WFH | Weight in FITE | Overlap | |
---|---|---|---|---|---|
AVGO | D | 2.38% | 1.66% | 1.66% | |
CRWD | B | 2.86% | 1.28% | 1.28% | |
CSCO | B | 2.51% | 1.86% | 1.86% | |
CYBR | A | 2.34% | 1.67% | 1.67% | |
DDOG | A | 2.61% | 1.55% | 1.55% | |
FTNT | C | 2.65% | 2.32% | 2.32% | |
NET | B | 2.54% | 1.79% | 1.79% | |
NTCT | C | 2.32% | 1.75% | 1.75% | |
OKTA | C | 2.2% | 1.26% | 1.26% | |
PANW | B | 2.46% | 1.8% | 1.8% | |
S | B | 2.55% | 2.19% | 2.19% | |
VRNS | D | 2.04% | 1.79% | 1.79% | |
ZS | B | 2.86% | 1.6% | 1.6% |
WFH Overweight 27 Positions Relative to FITE
Symbol | Grade | Weight | |
---|---|---|---|
TEAM | A | 3.32% | |
HUBS | A | 3.04% | |
DOCU | B | 3.02% | |
CRM | B | 2.89% | |
ORCL | A | 2.86% | |
PEGA | B | 2.81% | |
ATUS | B | 2.76% | |
MRVL | B | 2.76% | |
RNG | C | 2.72% | |
NOW | A | 2.68% | |
AMZN | C | 2.63% | |
ZM | C | 2.61% | |
SMAR | B | 2.54% | |
META | D | 2.43% | |
GOOGL | C | 2.42% | |
MOMO | D | 2.34% | |
DOCN | C | 2.3% | |
YY | B | 2.29% | |
WDAY | B | 2.26% | |
BOX | B | 2.25% | |
MSFT | D | 2.25% | |
IBM | C | 2.21% | |
SNX | D | 2.16% | |
NTAP | C | 2.14% | |
VZ | C | 2.12% | |
ADBE | C | 1.98% | |
XRX | F | 1.66% |
WFH Underweight 47 Positions Relative to FITE
Symbol | Grade | Weight | |
---|---|---|---|
RKLB | A | -5.8% | |
FFIV | B | -2.1% | |
PSN | D | -2.08% | |
KTOS | B | -1.94% | |
LDOS | C | -1.92% | |
MOG.A | B | -1.88% | |
OII | B | -1.8% | |
TDY | B | -1.76% | |
NOC | D | -1.75% | |
LMT | D | -1.74% | |
HEI | A | -1.74% | |
LHX | C | -1.71% | |
ATEN | A | -1.68% | |
RTX | D | -1.67% | |
MIR | A | -1.66% | |
COHR | B | -1.64% | |
MRCY | C | -1.61% | |
CHKP | C | -1.6% | |
OSPN | A | -1.58% | |
OSIS | A | -1.57% | |
RDWR | B | -1.56% | |
RPD | B | -1.55% | |
JNPR | D | -1.54% | |
QLYS | B | -1.54% | |
IRDM | D | -1.51% | |
ERJ | A | -1.49% | |
ZD | B | -1.49% | |
AKAM | D | -1.44% | |
AVAV | C | -1.44% | |
TENB | C | -1.44% | |
CACI | D | -1.43% | |
HXL | F | -1.36% | |
SANM | B | -1.31% | |
DCO | C | -1.22% | |
KBR | F | -1.22% | |
BRKR | D | -1.21% | |
GD | D | -1.2% | |
APH | A | -1.18% | |
TXT | D | -1.14% | |
BA | F | -1.1% | |
NABL | F | -1.09% | |
VREX | B | -1.01% | |
HII | F | -0.94% | |
MVIS | F | -0.84% | |
PL | B | -0.83% | |
VSAT | F | -0.8% | |
MASS | F | -0.12% |
WFH: Top Represented Industries & Keywords
FITE: Top Represented Industries & Keywords