WFH vs. FMET ETF Comparison

Comparison of Direxion Work From Home ETF (WFH) to Fidelity Metaverse ETF (FMET)
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

Number of Holdings *

40

* may have additional holdings in another (foreign) market
FMET

Fidelity Metaverse ETF

FMET Description The fund normally invests at least 80% of assets in securities included in the index and in depositary receipts representing securities included in the index. The index is designed to reflect the performance of a global universe of companies that develop, manufacture, distribute, or sell products or services related to establishing and enabling the Metaverse. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.12

Average Daily Volume

5,582

Number of Holdings *

35

* may have additional holdings in another (foreign) market
Performance
Period WFH FMET
30 Days 6.72% 0.20%
60 Days 11.10% 2.45%
90 Days 12.72% 0.64%
12 Months 29.02% 13.18%
5 Overlapping Holdings
Symbol Grade Weight in WFH Weight in FMET Overlap
ADBE C 1.98% 4.08% 1.98%
GOOGL C 2.42% 4.83% 2.42%
META D 2.43% 4.65% 2.43%
MOMO D 2.34% 0.73% 0.73%
MSFT D 2.25% 4.41% 2.25%
WFH Overweight 35 Positions Relative to FMET
Symbol Grade Weight
TEAM A 3.32%
HUBS A 3.04%
DOCU B 3.02%
CRM B 2.89%
ZS B 2.86%
CRWD B 2.86%
ORCL A 2.86%
PEGA B 2.81%
ATUS B 2.76%
MRVL B 2.76%
RNG C 2.72%
NOW A 2.68%
FTNT C 2.65%
AMZN C 2.63%
DDOG A 2.61%
ZM C 2.61%
S B 2.55%
NET B 2.54%
SMAR B 2.54%
CSCO B 2.51%
PANW B 2.46%
AVGO D 2.38%
CYBR A 2.34%
NTCT C 2.32%
DOCN C 2.3%
YY B 2.29%
WDAY B 2.26%
BOX B 2.25%
IBM C 2.21%
OKTA C 2.2%
SNX D 2.16%
NTAP C 2.14%
VZ C 2.12%
VRNS D 2.04%
XRX F 1.66%
WFH Underweight 30 Positions Relative to FMET
Symbol Grade Weight
NVDA B -5.66%
AAPL C -4.44%
AMD F -4.44%
QCOM F -4.18%
INTC C -4.09%
EQIX A -3.47%
ADSK A -3.32%
DLR B -3.27%
EA A -2.71%
TTWO A -2.49%
RBLX C -2.4%
PTC B -2.24%
SNAP D -1.82%
PINS F -1.82%
BSY F -1.59%
GLOB B -1.54%
ALTR B -1.5%
U C -1.25%
CRUS D -1.05%
SMCI F -1.05%
AMBA B -0.99%
EXPI D -0.76%
VNET B -0.72%
WB D -0.72%
BMBL C -0.72%
FSLY D -0.71%
DAVA C -0.68%
PLTK B -0.67%
HIMX F -0.61%
HEAR D -0.47%
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