WFH vs. IETC ETF Comparison

Comparison of Direxion Work From Home ETF (WFH) to iShares Evolved U.S. Technology ETF (IETC)

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

$53.01

Average Daily Volume

1,761

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IETC

iShares Evolved U.S. Technology ETF

IETC Description

The investment seeks to provide access to U.S. companies with technology exposure, as classified using a proprietary classification system. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets in U.S. listed common stock of large-, mid- and small-capitalization technology companies. It will hold common stock of those companies that fall into the Technology Evolved Sector which have economic characteristics that have been historically correlated with companies traditionally defined as technology companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$66.90

Average Daily Volume

38,264

Number of Holdings ^*

150

* may have additional holdings in another (foreign) market

Performance

Period	WFH	IETC
30 Days	-5.86%	-5.50%
60 Days	-5.68%	-2.92%
90 Days	-5.95%	1.65%
12 Months	25.92%	46.75%

24 Overlapping Holdings

Symbol	Grade	Weight in WFH	Weight in IETC	Overlap
ADBE	D	2.33%	1.11%	1.11%
AMZN	B	2.76%	8.17%	2.76%
AVGO	C	2.49%	9.01%	2.49%
CRM	D	2.39%	5.29%	2.39%
CRWD	C	2.38%	0.46%	0.46%
CSCO	D	2.61%	2.28%	2.28%
DOCN	F	2.25%	0.04%	0.04%
FTNT	D	2.4%	0.16%	0.16%
GOOGL	A	3.17%	2.18%	2.18%
HUBS	B	2.84%	0.14%	0.14%
IBM	D	2.47%	2.02%	2.02%
META	D	2.7%	2.31%	2.31%
MRVL	C	2.14%	0.88%	0.88%
MSFT	C	2.68%	10.2%	2.68%
NET	D	2.37%	0.41%	0.41%
NOW	D	2.63%	1.55%	1.55%
NTAP	A	2.55%	0.28%	0.28%
OKTA	D	2.3%	0.04%	0.04%
ORCL	D	2.76%	3.54%	2.76%
PANW	C	2.69%	0.37%	0.37%
SMAR	D	2.41%	0.01%	0.01%
TEAM	D	2.61%	0.01%	0.01%
WDAY	D	2.56%	0.19%	0.19%
ZM	F	2.41%	0.37%	0.37%

WFH Overweight 15 Positions Relative to IETC

Symbol	Grade	Weight
DOCU	A	2.9%
SNX	A	2.87%
YY	B	2.73%
VZ	C	2.68%
XRX	F	2.59%
PEGA	C	2.46%
CYBR	C	2.45%
RNG	F	2.42%
BOX	C	2.39%
NTCT	D	2.39%
ZS	D	2.28%
MOMO	D	2.21%
EGHT	D	2.08%
S	C	2.06%
ATUS	F	2.0%

WFH Underweight 126 Positions Relative to IETC

Symbol	Grade	Weight
NVDA	D	-8.26%
ACN	D	-5.4%
AAPL	F	-2.47%
CDNS	D	-1.96%
GOOG	A	-1.86%
MSI	A	-1.72%
ICE	C	-1.41%
VRSN	F	-1.19%
MANH	D	-1.1%
QCOM	C	-0.88%
MA	C	-0.86%
AMD	D	-0.82%
PH	A	-0.8%
CDW	C	-0.78%
EQIX	D	-0.64%
SPGI	C	-0.63%
ADP	B	-0.59%
FDS	D	-0.58%
SNOW	D	-0.56%
IT	C	-0.55%
INTC	F	-0.52%
V	C	-0.49%
CSGP	B	-0.44%
TYL	A	-0.43%
COIN	D	-0.41%
ANSS	C	-0.4%
LMT	A	-0.37%
DELL	A	-0.35%
ANET	C	-0.34%
MCO	C	-0.28%
CPAY	A	-0.28%
FIS	A	-0.27%
BA	F	-0.26%
TXN	B	-0.25%
VRSK	D	-0.25%
CME	B	-0.24%
MU	B	-0.24%
UBER	D	-0.24%
SNAP	C	-0.23%
G	F	-0.23%
PLTR	C	-0.22%
MMC	B	-0.22%
BKNG	C	-0.21%
TTEK	A	-0.21%
SNPS	C	-0.2%
QLYS	B	-0.2%
LRCX	D	-0.2%
MPWR	C	-0.19%
GPN	C	-0.19%
BSY	A	-0.19%
BAH	B	-0.19%
KLAC	C	-0.18%
KEYS	D	-0.18%
SMCI	D	-0.18%
DASH	D	-0.17%
AKAM	D	-0.17%
QRVO	B	-0.17%
PINS	D	-0.17%
ADSK	F	-0.16%
DDOG	C	-0.16%
PAYX	C	-0.16%
VRT	A	-0.15%
IQV	C	-0.15%
TTD	B	-0.15%
HPQ	D	-0.14%
OMC	A	-0.14%
JKHY	C	-0.14%
NXPI	C	-0.13%
ABNB	B	-0.13%
SLB	D	-0.12%
SQ	D	-0.12%
CACI	A	-0.12%
NSIT	C	-0.12%
TRU	C	-0.12%
IRM	B	-0.12%
IPG	D	-0.11%
EBAY	A	-0.11%
EA	D	-0.1%
ROP	B	-0.1%
TER	B	-0.1%
VEEV	D	-0.1%
MSCI	F	-0.1%
CFLT	C	-0.1%
ASGN	C	-0.09%
TRMB	C	-0.09%
FICO	C	-0.09%
A	D	-0.09%
AON	D	-0.09%
SSNC	C	-0.08%
PSTG	A	-0.08%
DLR	B	-0.07%
FBIN	D	-0.07%
BR	C	-0.07%
PAYC	F	-0.07%
NDAQ	A	-0.07%
SLAB	F	-0.07%
ROK	D	-0.07%
CPNG	A	-0.06%
BBY	D	-0.06%
INTU	C	-0.06%
JNPR	C	-0.06%
J	C	-0.06%
TDY	D	-0.05%
MMS	C	-0.05%
SAIC	C	-0.05%
LPLA	B	-0.05%
ENPH	F	-0.04%
APPN	F	-0.04%
CL	A	-0.04%
DXC	D	-0.04%
ILMN	D	-0.04%
MRCY	D	-0.03%
XYL	A	-0.03%
RBLX	F	-0.03%
AMRC	F	-0.03%
ZI	D	-0.03%
BILL	F	-0.03%
APTV	F	-0.02%
ROL	C	-0.02%
GLW	C	-0.02%
SEE	F	-0.02%
RIVN	F	-0.01%
TOST	C	-0.01%
GDDY	A	-0.01%
ALGN	C	-0.0%
FTV	D	-0.0%

IETC: Top Represented Industries & Keywords

Industries: Software - Application Business Services Semiconductors Software - Infrastructure Information Technology Services Internet Content & Information Capital Markets Computer Systems Diversified Industrials Scientific & Technical Instruments Semiconductor Equipment & Materials Communication Equipment Diagnostics & Research Engineering & Construction Financial Data & Stock Exchanges Specialty Retail Advertising Agencies Aerospace & Defense Credit Services Data Storage