WFH vs. IYW ETF Comparison

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

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

IYW

iShares U.S. Technology ETF

IYW Description

The investment seeks to track the investment results of an index composed of U.S. equities in the technology sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Technology Index (the "underlying index"), which measures the performance of the technology sector of the U.S. equity market. The underlying index may include large-, mid- or small-capitalization companies, and components primarily include technology companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$131.28

Average Daily Volume

961,694

Number of Holdings ^*

131

* may have additional holdings in another (foreign) market

Performance

Period	WFH	IYW
30 Days	-5.86%	-5.18%
60 Days	-5.68%	-3.32%
90 Days	-5.95%	-0.87%
12 Months	25.92%	42.99%

27 Overlapping Holdings

Symbol	Grade	Weight in WFH	Weight in IYW	Overlap
ADBE	D	2.33%	2.03%	2.03%
AVGO	C	2.49%	3.0%	2.49%
CRM	D	2.39%	2.47%	2.39%
CRWD	C	2.38%	0.61%	0.61%
DOCU	A	2.9%	0.11%	0.11%
FTNT	D	2.4%	0.4%	0.4%
GOOGL	A	3.17%	3.03%	3.03%
HUBS	B	2.84%	0.29%	0.29%
IBM	D	2.47%	1.58%	1.58%
META	D	2.7%	4.09%	2.7%
MRVL	C	2.14%	0.52%	0.52%
MSFT	C	2.68%	18.59%	2.68%
NET	D	2.37%	0.25%	0.25%
NOW	D	2.63%	1.44%	1.44%
NTAP	A	2.55%	0.2%	0.2%
OKTA	D	2.3%	0.14%	0.14%
ORCL	D	2.76%	1.69%	1.69%
PANW	C	2.69%	0.85%	0.85%
PEGA	C	2.46%	0.02%	0.02%
RNG	F	2.42%	0.02%	0.02%
S	C	2.06%	0.05%	0.05%
SMAR	D	2.41%	0.05%	0.05%
SNX	A	2.87%	0.07%	0.07%
TEAM	D	2.61%	0.29%	0.29%
WDAY	D	2.56%	0.49%	0.49%
ZM	F	2.41%	0.15%	0.15%
ZS	D	2.28%	0.15%	0.15%

WFH Overweight 12 Positions Relative to IYW

Symbol	Grade	Weight
AMZN	B	2.76%
YY	B	2.73%
VZ	C	2.68%
CSCO	D	2.61%
XRX	F	2.59%
CYBR	C	2.45%
BOX	C	2.39%
NTCT	D	2.39%
DOCN	F	2.25%
MOMO	D	2.21%
EGHT	D	2.08%
ATUS	F	2.0%

WFH Underweight 104 Positions Relative to IYW

Symbol	Grade	Weight
AAPL	F	-15.01%
NVDA	D	-12.15%
GOOG	A	-2.59%
AMD	D	-2.06%
QCOM	C	-1.71%
INTU	C	-1.64%
AMAT	C	-1.54%
TXN	B	-1.43%
INTC	F	-1.38%
MU	B	-1.17%
LRCX	D	-1.11%
ADI	B	-0.9%
KLAC	C	-0.83%
SNPS	C	-0.76%
CDNS	D	-0.72%
APH	A	-0.63%
ROP	B	-0.54%
ADSK	F	-0.45%
SNOW	D	-0.45%
MCHP	B	-0.44%
PLTR	C	-0.4%
DASH	D	-0.38%
DDOG	C	-0.34%
CTSH	D	-0.32%
IT	C	-0.32%
CDW	C	-0.31%
MPWR	C	-0.27%
ANSS	C	-0.27%
VRT	A	-0.26%
ON	D	-0.25%
MDB	D	-0.24%
HPQ	D	-0.23%
GLW	C	-0.23%
WDC	A	-0.22%
HPE	B	-0.21%
PTC	C	-0.2%
ENTG	C	-0.18%
PINS	D	-0.18%
TYL	A	-0.17%
LDOS	A	-0.17%
VRSN	F	-0.16%
GDDY	A	-0.16%
TER	B	-0.15%
SWKS	C	-0.15%
APP	B	-0.14%
NTNX	C	-0.14%
PSTG	A	-0.14%
JBL	F	-0.14%
AKAM	D	-0.14%
SSNC	C	-0.13%
EPAM	F	-0.13%
MANH	D	-0.13%
GEN	D	-0.11%
DT	D	-0.11%
TWLO	D	-0.1%
QRVO	B	-0.1%
BSY	A	-0.1%
FFIV	C	-0.1%
LSCC	D	-0.09%
GWRE	C	-0.09%
PAYC	F	-0.09%
DOX	D	-0.09%
ESTC	C	-0.08%
CACI	A	-0.08%
TOST	C	-0.08%
KBR	A	-0.08%
MTCH	F	-0.08%
DAY	D	-0.08%
OLED	D	-0.07%
PATH	D	-0.07%
GLOB	F	-0.07%
DBX	D	-0.06%
SAIC	C	-0.06%
U	F	-0.06%
ARW	A	-0.06%
COHR	C	-0.06%
ZI	D	-0.05%
GTLB	C	-0.05%
AZPN	B	-0.05%
CFLT	C	-0.05%
PCOR	D	-0.05%
CCCS	C	-0.04%
DXC	D	-0.04%
DV	F	-0.04%
FIVN	D	-0.04%
AVT	A	-0.04%
CRUS	C	-0.04%
DLB	D	-0.04%
KD	C	-0.04%
WOLF	F	-0.03%
HCP	A	-0.03%
CLVT	D	-0.03%
TDC	D	-0.03%
GFS	F	-0.03%
IAC	D	-0.03%
ALGM	D	-0.02%
NCNO	D	-0.02%
CNXC	F	-0.02%
DNB	F	-0.02%
IPGP	C	-0.02%
CART	C	-0.01%
PYCR	D	-0.01%
INFA	D	-0.01%
VYX	D	-0.01%

IYW: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Semiconductors Information Technology Services Internet Content & Information Semiconductor Equipment & Materials Data Storage Conglomerates Electronic Components Telecom Services Business Services Communication Equipment Computer Systems Consumer Electronics Contract Manufacturers Diversified Industrials Electronics & Computer Distribution Electronics Distribution Engineering & Construction Internet Content & Information