Fund comparison · from official SEC filings

ADBU vs FAZ: how much do they overlap?

Direxion Daily ADBE Bull 2X ETF and Direxion Daily Financial Bear 3X Shares
Holdings overlap
80%
of assets, by weight
Shared positions
4
of 5 / 4 holdings
ADBU expense ratio
0.97%
net, per year
FAZ expense ratio
1.04%
net, per year
ADBU and FAZ are largely redundant — holding both means most of your money tracks the same underlying companies.
Shared holdings
Company
ADBU
FAZ
?
DREYFUS GOVERNMENT CASH MANAGE
29.67%
44.94%
?
GOLDMAN FINANCIAL
34.98%
32.51%
?
DREYFUS
24.18%
13.64%
?
N/A
4.52%
8.91%
Only in ADBU
A
ADBEADOBE INC
6.65%
Only in FAZ
Nothing exclusive.
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Data source: official SEC Form N-PORT filings from each fund. Fund holdings are disclosed quarterly and may reflect a 60-day reporting delay.
Informational and educational only — not investment advice.
ADBU vs FAZ: 80% holdings overlap — Unwrap.Fund