WFH vs. KNCT ETF Comparison

Comparison of Direxion Work From Home ETF (WFH) to Invesco Next Gen Connectivity ETF (KNCT)

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

$58.34

Average Daily Volume

1,671

Number of Holdings ^*

40

* may have additional holdings in another (foreign) market

KNCT

Invesco Next Gen Connectivity ETF

KNCT Description

The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index. The underlying index is composed of securities of companies with significant exposure to technologies or products that contribute to future connectivity through direct revenue. It is non-diversified.

Grade (RS Rating)

Last Trade

$102.23

Average Daily Volume

510

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

Performance

Period	WFH	KNCT
30 Days	3.66%	3.64%
60 Days	6.20%	6.05%
90 Days	5.95%	4.14%
12 Months	22.75%	35.44%

4 Overlapping Holdings

	Symbol	Grade	Weight in WFH	Weight in KNCT	Overlap
	AVGO	C	2.56%	7.63%	2.56%
	CSCO	B	2.48%	3.78%	2.48%
	PANW	D	2.32%	2.57%	2.32%
	VZ	A	2.58%	3.89%	2.58%

WFH Overweight 36 Positions Relative to KNCT

	Symbol	Grade	Weight
	ORCL	B	2.85%
	DOCN	C	2.77%
	ATUS	C	2.77%
	SMAR	A	2.66%
	ZS	F	2.62%
	AMZN	C	2.62%
	NOW	C	2.6%
	IBM	B	2.57%
	MSFT	C	2.57%
	META	B	2.56%
	S	D	2.56%
	DDOG	D	2.54%
	RNG	F	2.52%
	CRWD	D	2.51%
	MOMO	B	2.51%
	CRM	C	2.49%
	HUBS	D	2.49%
	GOOGL	D	2.49%
	YY	C	2.47%
	MRVL	D	2.46%
	BOX	C	2.45%
	NET	D	2.44%
	SNX	C	2.44%
	NTAP	D	2.44%
	DOCU	C	2.41%
	NTCT	C	2.4%
	TEAM	D	2.4%
	OKTA	F	2.39%
	PEGA	B	2.38%
	XRX	D	2.37%
	FTNT	B	2.37%
	VRNS	B	2.37%
	CYBR	B	2.36%
	ZM	C	2.36%
	WDAY	D	2.34%
	ADBE	F	2.15%

WFH Underweight 4 Positions Relative to KNCT

	Symbol	Grade	Weight
	AAPL	C	-8.39%
	QCOM	D	-4.3%
	T	B	-3.12%
	ACN	C	-2.99%

WFH: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Internet Content & Information Telecom Services Information Technology Services Semiconductors Business Services Communication Equipment Data Storage Specialty Retail

Keywords: Computing Nasdaq 100 S&P 500 Work From Home Cloud Computing Software As A Service Telecommunications Software Cloud Infrastructure Computer Security Cybersecurity Dow Jones Component Information Technology Management Mobile Devices Systems Integrator Operating System Software Development Business Process Management CRM Cloud Applications

KNCT: Top Represented Industries & Keywords

Industries: Semiconductors Telecom Services Communication Equipment Consumer Electronics Information Technology Services Software - Application

Keywords: S&P 500 Nasdaq 100 Telecommunications Broadband Dow Jones Component Internet Access Voice And Data Wireless Communication Work From Home Computer Network Computing Deep Packet Inspection Ethernet Fabless Semiconductor Companies Firewall Modem Networking Products Security Services Smartphones Subscription Services