# Portfolio overlap — QAI vs FAS Comparing **NYLI Hedge Multi-Strategy Tracker ETF** (2026-04-30) and **Direxion Daily Financial Bull 3X Shares** (2026-04-30). - Shared positions: 1 - NYLI Hedge Multi-Strategy Tracker ETF covered by Direxion Daily Financial Bull 3X Shares: 0.1252479530913947139102236159 - Direxion Daily Financial Bull 3X Shares covered by NYLI Hedge Multi-Strategy Tracker ETF: 0.1252479530913947139102236159 ## NYLI Hedge Multi-Strategy Tracker ETF — top positions | Security | Weight | Shared | |----------|--------|--------| | ISHARES FLOATING RATE BOND ETF | 0.148672 | | | DREYFUS GOVT CASH MGMT FUND | 0.125248 | ✓ | | Franklin Senior Loan ETF | 0.072801 | | | Vanguard Tax Managed Funds FTSE DEVELOPED MKTS ETF | 0.070437 | | | VANGUARD SHORT TERM TREASURY ETF | 0.065717 | | | ISHARES CORE S+P SMALL CAP ETF ISHARES CORE S+P SMALL CAP E | 0.049437 | | | State Street SPDR Bloomberg Investment Grade Floating Rate ETF | 0.044678 | | | ISHARES MSCI USA MOMENTUM FA MUTUAL FUND | 0.038049 | | | ISHARES MSCI EMR MRK EX CHNA MUTUAL FUND | 0.037884 | | | ISHARES NATIONAL MUNI BOND ETF ISHARES NATIONAL MUNI BOND E | 0.032908 | | | ISHARES CONVT BD | 0.031860 | | | VANGUARD TAX-EXM | 0.031823 | | | State Street SPDR Bloomberg Convertible Securities ETF | 0.027219 | | | NYLI Merger Arbitrage ETF | 0.025691 | | | IMGP DBI MANAGED FUTURES STR MUTUAL FUND | 0.021807 | | | GLOBAL X US PREFERRED ETF MUTUAL FUND | 0.019501 | | | State Street Communication Services Select Sector SPDR ETF | 0.017756 | | | Invesco DB Agriculture Fund | 0.017014 | | | ISHARES MSCI CHINA ETF MUTUAL FUND | 0.014084 | | | Invesco DB US Dollar Index Bullish Fund | 0.012773 | | | STATE STREET SPDR PORTFOLIO HI SS SPDR P HIGH YIELD ETF | 0.012427 | | | abrdn Bloomberg All Commodity Strategy K-1 Free ETF | 0.011264 | | | AltShares Merger Arbitrage ETF | 0.010714 | | | Simplify Managed Futures Strategy ETF | 0.010381 | | | TECHNOLOGY SELECT SECT SPDR MUTUAL FUND | 0.009443 | | | FRANKLIN FTSE INDIA ETF | 0.008427 | | | VANECK ETF TRUST ALTERNATIVE ASSET MANAGER ETF | 0.006570 | | | State StreetFinSelSectSPDRETF | 0.004939 | | | SPDR Bloomberg Enhanced Roll Yield Commodity Strategy NO K-1 ETF | 0.004434 | | | Vanguard Mortgage-Backed Securities ETF - Class USD INC | 0.004052 | | | XTRACKERS USD HIGH YIELD CORPORATE BOND ETF CL USD INC 0.00000000 | 0.003886 | | | iShares U.S. Aerospace & Defense ETF | 0.001808 | | | JPMORGAN EQUITY PREMIUM INCOME ETF | 0.001703 | | | abrdn Silver ETF Trust PHYSICAL SILVER SHARES ETF | 0.001022 | | | FNK FTSE CH ETF | 0.000580 | | | iShares Semiconductor ETF | 0.000460 | | | TRS ISHARES MSCI USA MOMENTUM FACTOR ETF | 0.000412 | | | TRS ISHARES MSCI EMERGING MARKETS EX CHINA ETF | 0.000360 | | | TRS VANGUARD FTSE DEVELOPED MARKETS ETF | 0.000340 | | | TRS ISHARES CORE S&P SMALL-CAP ETF | 0.000319 | | | TRS ISHARES CONVERTIBLE BOND ETF | 0.000213 | | | TRS UNITED STATES NATURAL GAS FUND LP | 0.000202 | | | TRS SPDR BLOOMBERG CONVERTIBLE SECURITIES ETF | 0.000176 | | | State Street Technology Select Sector SPDR ETF | 0.000092 | | | STATE STREET COMMUNICATION SER | 0.000058 | | | TRS CTA INDEX | 0.000047 | | | TRS GLOBAL X US PREFERRED ETF | 0.000046 | | | TRS VANECK ALTERNATIVE ASSET MANAGER ETF | 0.000046 | | | TRS FRANKLIN FTSE INDIA ETF | 0.000034 | | | TRS ABRDN BLOOMBERG ALL COMMODITY STRATEGY K-1 FREE ETF | 0.000029 | | ## Direxion Daily Financial Bull 3X Shares — top positions | Security | Weight | Shared | |----------|--------|--------| | DREYFUS GOVT CASH MGMT FUND | 0.205866 | ✓ | | BERKSHIRE HATH-B | 0.078527 | | | JPMORGAN CHASE and CO | 0.076364 | | | VISA INC-CLASS A | 0.050137 | | | GOLDMAN SACHS FIN GOV 465 INSTITUT | 0.043657 | | | DREYFUS TRSRY SECURITIES CASH MGMT | 0.039148 | | | MASTERCARD INC CL A | 0.037034 | | | BANK OF AMERICA CORPORATION | 0.032075 | | | GOLDMAN SACHS GROUP INC | 0.025052 | | | WELLS FARGO & CO | 0.022995 | | | GOLDMAN FINL SQ TRSRY INST 506 | 0.021843 | | | MORGAN STANLEY | 0.020733 | | | CITIGROUP INC | 0.020222 | | | US ULTRA BOND CBT Sep25 | 0.018213 | | | AMERICAN EXPRESS CO | 0.015644 | | | BLACKROCK INC | 0.013903 | | | SCHWAB CHARLES CORP | 0.013841 | | | S&P GLOBAL INC | 0.011931 | | | CAPITAL ONE FINANCIAL CORP | 0.010813 | | | CHUBB LTD | 0.010755 | | | PROGRESSIVE CORP OHIO | 0.010667 | | | CME GROUP INC CL A | 0.009384 | | | BLACKSTONE INC | 0.008501 | | | BANK OF NEW YORK MELLON CORP | 0.008362 | | | PNC FINANCIAL SERVICES GRP INC | 0.008144 | | | INTERCONTINENTAL EXCHANGE INC | 0.008118 | | | US BANCORP DEL | 0.007964 | | | MARSH & MCLENNAN | 0.007341 | | | KKR & CO INC | 0.006476 | | | MOODYS CORP | 0.006407 | | | AON PLC-CLASS A | 0.006044 | | | TRAVELERS COS IN | 0.005967 | | | TRUIST FINL CORP | 0.005879 | | | APOLLO GLOBAL MANAGEMENT INC | 0.005405 | | | ROBINHOOD MARKETS INC | 0.005209 | | | ALLSTATE CORPORATION | 0.005108 | | | AFLAC INC | 0.004798 | | | ARTHUR J GALLAGHAR AND CO | 0.004796 | | | PAYPAL HOLDINGS | 0.004174 | | | FIFTH THIRD BANCORP | 0.004131 | | | METLIFE INC | 0.003987 | | | MSCI INC | 0.003929 | | | AMERIPRISE FINANCIAL INC | 0.003920 | | | STATE STREET CORP | 0.003857 | | | COINBASE GLOBAL INC | 0.003787 | | | NASDAQ INC | 0.003732 | | | AMERICAN INTERNATIONAL GROUP | 0.003629 | | | BLOCK INC CL A | 0.003492 | | | HARTFORD INSURANCE GROUP INC/THE | 0.003450 | | | INTERACTIVE BROKERS GROUP INC | 0.003202 | | ## Sources - N-PORT (fund A) — accession `0000940400-26-025064` (as of 2026-04-30) - N-PORT (fund B) — accession `0001193125-26-287437` (as of 2026-04-30) --- _Informational only — not investment advice. 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