XXCH vs. OCIO ETF Comparison

Comparison of Direxion Daily MSCI Emerging Markets ex China Bull 2X Shares (XXCH) to ClearShares OCIO ETF (OCIO)

XXCH

Direxion Daily MSCI Emerging Markets ex China Bull 2X Shares

XXCH Description

The index is designed to capture the large- and mid-capitalization securities across 23 of the 24 emerging markets (with the exception of China) as defined by MSCI Inc. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, securities of the index, and exchange-traded funds (ETFs) that track the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.94

Average Daily Volume

409

Number of Holdings ^*

1

* may have additional holdings in another (foreign) market

OCIO

ClearShares OCIO ETF

OCIO Description

The investment seeks to outperform a traditional 60/40 mix of global equity and fixed-income investments. The fund is expected to typically invest approximately 40% to 70% of its total assets in underlying funds that principally invest in equity securities of any market capitalization. It is expected to typically invest approximately 20% to 50% of its total assets in underlying funds that principally invest in debt obligations.

Grade (RS Rating)

Last Trade

$32.84

Average Daily Volume

869

Number of Holdings ^*

15

* may have additional holdings in another (foreign) market

Performance

Period	XXCH	OCIO
30 Days	-1.94%	1.59%
60 Days	6.15%	5.58%
90 Days	3.65%	3.73%
12 Months		10.65%

1 Overlapping Holdings

	Symbol	Grade	Weight in XXCH	Weight in OCIO	Overlap
	EMXC	A	68.8%	0.75%	0.75%

XXCH Overweight 0 Positions Relative to OCIO

	Symbol	Grade	Weight

XXCH Underweight 14 Positions Relative to OCIO

	Symbol	Grade	Weight
	QQQ	A	-5.65%
	SPMO	A	-4.81%
	IEI	A	-4.64%
	OPER	A	-4.31%
	HEFA	B	-3.42%
	SCHF	C	-3.32%
	GVI	B	-3.26%
	SCHK	A	-2.93%
	SHY	A	-2.74%
	BIL	A	-2.51%
	IEF	A	-1.87%
	VGIT	A	-1.39%
	IXUS	B	-1.03%
	SCHP	A	-0.82%

XXCH: Top Represented Industries & Keywords

Industries:

Keywords: ETF Economic Geography Emerging Market Exchange Traded Fund Stock Market Index

OCIO: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund U.S. Treasury Bond Bloomberg Barclays Us Aggregate Bond Index Stock Market Index U.S. Government Bond Market Exchange Traded Funds Bond Market Indices Government Bonds Index Fund Betashares Fixed Income MSCI EAFE Merrill Lynch Yield Bear Market ETF Bond Fund Corporate Bond