| 1 | TQQQ | ProShares UltraPro QQQ | 166M | $11,380,600.00 |
| 2 | SQQQ | ProShares UltraPro Short QQQ | 125M | $4,553,090.00 |
| 3 | SPY | SPDR S&P 500 ETF Trust | 75.5M | $339,673,000.00 |
| 4 | SOXL | Direxion Daily Semiconductor Bull 3x Shares | 75.1M | $3,708,770.00 |
| 5 | UVXY | ProShares Ultra VIX Short-Term Futures ETF | 67M | $956,974.00 |
| 6 | QQQ | Invesco QQQ Trust | 56.6M | $155,496,000.00 |
| 7 | LABU | Direxion Daily S&P Biotech Bull 3x Shares | 47M | $1,119,050.00 |
| 8 | SH | ProShares Short S&P500 | 41M | $3,735,540.00 |
| 9 | XLF | Financial Select Sector SPDR Fund | 40.9M | $27,958,100.00 |
| 10 | EEM | iShares MSCI Emerging Markets ETF | 38.2M | $21,238,700.00 |
| 11 | HYG | iShares iBoxx $ High Yield Corporate Bond ETF | 36.4M | $11,788,300.00 |
| 12 | FXI | iShares China Large-Cap ETF | 31.5M | $4,670,260.00 |
| 13 | SPXU | ProShares UltraPro Short S&P500 | 29.6M | $1,211,020.00 |
| 14 | PSQ | ProShares Short QQQ | 27.6M | $1,941,180.00 |
| 15 | XLE | Energy Select Sector SPDR Fund | 26.8M | $34,095,300.00 |
| 16 | IWM | iShares Russell 2000 ETF | 24.5M | $49,480,300.00 |
| 17 | EWZ | iShares MSCI Brazil ETF | 24M | $4,901,360.00 |
| 18 | ARKK | ARK Innovation ETF | 23.9M | $8,016,580.00 |
| 19 | GDX | VanEck Gold Miners ETF | 23.8M | $9,088,640.00 |
| 20 | EFA | iShares MSCI EAFE ETF | 21.4M | $40,365,200.00 |
| 21 | SLV | iShares Silver Trust | 21.2M | $8,777,520.00 |
| 22 | SPXS | Direxion Daily S&P 500 Bear 3X Shares | 20.6M | $864,917.00 |
| 23 | LQD | iShares iBoxx $ Investment Grade Corporate Bond ETF | 18.8M | $30,492,900.00 |
| 24 | VEA | Vanguard FTSE Developed Markets ETF | 17.4M | $85,658,300.00 |
| 25 | TLT | iShares 20+ Year Treasury Bond ETF | 17.2M | $24,709,300.00 |
| 26 | KWEB | KraneShares CSI China Internet ETF | 17M | $5,337,920.00 |
| 27 | SOXS | Direxion Daily Semiconductor Bear 3x Shares | 15.1M | $491,372.00 |
| 28 | FNGU | MicroSectors FANG+⢠Index 3X Leveraged ETN | 14.4M | $612,062.00 |
| 29 | IEMG | iShares Core MSCI Emerging Markets ETF | 13.9M | $57,737,100.00 |
| 30 | GOVT | iShares U.S. Treasury Bond ETF | 12.9M | $22,765,900.00 |
| 31 | VWO | Vanguard FTSE Emerging Markets ETF | 12.9M | $63,886,600.00 |
| 32 | KOLD | ProShares UltraShort Bloomberg Natural Gas | 12.3M | $241,296.00 |
| 33 | XLU | Utilities Select Sector SPDR Fund | 12.2M | $16,885,800.00 |
| 34 | LABD | Direxion Daily S&P Biotech Bear 3x Shares | 12.2M | $163,435.00 |
| 35 | XBI | SPDR S&P Biotech ETF | 11.6M | $7,116,450.00 |
| 36 | IEFA | iShares Core MSCI EAFE ETF | 11.5M | $76,827,800.00 |
| 37 | XLP | Consumer Staples Select Sector SPDR Fund | 11.3M | $15,000,300.00 |
| 38 | RSX | VanEck Russia ETF | 11.3M | $33,660.90 |
| 39 | JNK | SPDR Bloomberg High Yield Bond ETF | 10.2M | $5,184,520.00 |
| 40 | SPXL | Direxion Daily S&P 500 Bull 3X Shares | 10.2M | $2,227,740.00 |
| 41 | BKLN | Invesco Senior Loan ETF | 10M | $3,212,690.00 |
| 42 | VIXY | ProShares VIX Short-Term Futures ETF | 10M | $427,945.00 |
| 43 | UPRO | ProShares UltraPro S&P500 | 9.94M | $1,962,210.00 |
| 44 | QID | ProShares UltraShort QQQ | 9.65M | $616,505.00 |
| 45 | TZA | Direxion Daily Small Cap Bear 3X Shares | 9.32M | $474,197.00 |
| 46 | SDS | ProShares UltraShort S&P500 | 9.18M | $1,097,190.00 |
| 47 | TNA | Direxion Daily Small Cap Bull 3X Shares | 8.68M | $1,004,450.00 |
| 48 | XLV | Health Care Select Sector SPDR Fund | 8.66M | $36,948,200.00 |
| 49 | XLI | Industrial Select Sector SPDR Fund | 8.18M | $11,495,900.00 |
| 50 | GDXJ | VanEck Junior Gold Miners ETF | 8.14M | $2,876,210.00 |