WFH vs. IMOM ETF Comparison

Comparison of Direxion Work From Home ETF (WFH) to International Quantitative Momentum ETF (IMOM)

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

$64.21

Average Daily Volume

995

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IMOM

International Quantitative Momentum ETF

IMOM Description

The investment seeks long-term capital appreciation. Under normal circumstances, the fund seeks to achieve its investment objective by investing primarily-generally greater than 80%, but at least 65% of its net assets, plus any borrowings for investment purposes-in equity securities of international companies that Empowered Funds, LLC ("the Adviser") believes, based on quantitative analysis, have positive momentum. A "momentum" style of investing emphasizes investing in securities that have had higher recent total return performance compared to other securities. It is non-diversified.

Grade (RS Rating)

Last Trade

$27.90

Average Daily Volume

5,401

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	WFH	IMOM
30 Days	6.83%	0.09%
60 Days	11.21%	-3.55%
90 Days	12.83%	-2.40%
12 Months	29.14%	10.85%

1 Overlapping Holdings

	Symbol	Grade	Weight in WFH	Weight in IMOM	Overlap
	CYBR	A	2.34%	2.08%	2.08%

WFH Overweight 39 Positions Relative to IMOM

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	A	2.54%
CSCO	B	2.51%
PANW	B	2.46%
META	D	2.43%
GOOGL	C	2.42%
AVGO	D	2.38%
MOMO	D	2.34%
NTCT	C	2.32%
DOCN	C	2.3%
YY	B	2.29%
WDAY	B	2.26%
BOX	B	2.25%
MSFT	D	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%
ADBE	C	1.98%
XRX	F	1.66%

WFH Underweight 5 Positions Relative to IMOM

Symbol	Grade	Weight
ZIM	C	-2.3%
SE	A	-2.09%
ABBV	F	-2.0%
LYG	D	-1.99%
TEVA	C	-1.74%