| 1 | SQQQ | ProShares UltraPro Short QQQ | 122M | $1,647,120.00 |
| 2 | SPY | SPDR S&P 500 ETF Trust | 77.6M | $419,564,000.00 |
| 3 | XLF | Financial Select Sector SPDR Fund | 56.5M | $41,960,500.00 |
| 4 | QQQ | Invesco QQQ Trust | 46.9M | $204,669,000.00 |
| 5 | UVXY | ProShares Ultra VIX Short-Term Futures ETF | 45.2M | $778,946.00 |
| 6 | TQQQ | ProShares UltraPro QQQ | 42.4M | $19,029,700.00 |
| 7 | EEM | iShares MSCI Emerging Markets ETF | 40.3M | $29,048,300.00 |
| 8 | VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | 40.3M | $1,003,460.00 |
| 9 | XLE | Energy Select Sector SPDR Fund | 32.2M | $26,020,500.00 |
| 10 | IWM | iShares Russell 2000 ETF | 30.8M | $68,425,800.00 |
| 11 | EWZ | iShares MSCI Brazil ETF | 28.9M | $4,817,150.00 |
| 12 | FXI | iShares China Large-Cap ETF | 27.7M | $5,021,940.00 |
| 13 | HYG | iShares iBoxx $ High Yield Corporate Bond ETF | 25.9M | $18,894,300.00 |
| 14 | SLV | iShares Silver Trust | 25.8M | $12,147,800.00 |
| 15 | EFA | iShares MSCI EAFE ETF | 24.1M | $56,041,700.00 |
| 16 | GDX | VanEck Gold Miners ETF | 21.8M | $13,209,800.00 |
| 17 | SDS | ProShares UltraShort S&P500 | 21.6M | $543,872.00 |
| 18 | TLT | iShares 20+ Year Treasury Bond ETF | 17.7M | $19,921,800.00 |
| 19 | SOXS | Direxion Daily Semiconductor Bear 3x Shares | 17.3M | $145,696.00 |
| 20 | LQD | iShares iBoxx $ Investment Grade Corporate Bond ETF | 15.4M | $38,465,700.00 |
| 21 | SOXL | Direxion Daily Semiconductor Bull 3x Shares | 14.2M | $5,139,720.00 |
| 22 | KWEB | KraneShares CSI China Internet ETF | 13.7M | $7,627,980.00 |
| 23 | SPXU | ProShares UltraPro Short S&P500 | 12.7M | $574,126.00 |
| 24 | XLU | Utilities Select Sector SPDR Fund | 12.5M | $13,190,700.00 |
| 25 | XLV | Health Care Select Sector SPDR Fund | 12.5M | $32,208,400.00 |
| 26 | TZA | Direxion Daily Small Cap Bear 3X Shares | 12.3M | $347,873.00 |
| 27 | IEMG | iShares Core MSCI Emerging Markets ETF | 12.2M | $77,063,100.00 |
| 28 | XLI | Industrial Select Sector SPDR Fund | 11.9M | $17,181,000.00 |
| 29 | XLP | Consumer Staples Select Sector SPDR Fund | 11.6M | $12,453,500.00 |
| 30 | KOLD | ProShares UltraShort Bloomberg Natural Gas | 11.3M | $277,004.00 |
| 31 | XLK | Technology Select Sector SPDR Fund | 11.3M | $49,497,500.00 |
| 32 | VWO | Vanguard FTSE Emerging Markets ETF | 11.3M | $78,751,800.00 |
| 33 | UNG | United States Natural Gas Fund LP | 10.4M | $389,165.00 |
| 34 | IAU | iShares Gold Trust | 9.9M | $28,312,300.00 |
| 35 | TNA | Direxion Daily Small Cap Bull 3X Shares | 9.9M | $1,937,840.00 |
| 36 | IEF | iShares 7-10 Year Treasury Bond ETF | 9.9M | $17,063,000.00 |
| 37 | QID | ProShares UltraShort QQQ | 9.65M | $233,048.00 |
| 38 | SPXS | Direxion Daily S&P 500 Bear 3X Shares | 9.51M | $342,380.00 |
| 39 | SH | ProShares Short S&P500 | 9.33M | $1,399,560.00 |
| 40 | KRE | SPDR S&P Regional Banking ETF | 9.06M | $4,941,510.00 |
| 41 | VEA | Vanguard FTSE Developed Markets ETF | 9.05M | $105,753,000.00 |
| 42 | IEFA | iShares Core MSCI EAFE ETF | 9.02M | $100,985,000.00 |
| 43 | JETS | U.S. Global Jets ETF | 8.81M | $3,294,610.00 |
| 44 | JNK | SPDR Bloomberg High Yield Bond ETF | 8.74M | $8,911,620.00 |
| 45 | EWJ | iShares MSCI Japan ETF | 8.07M | $12,421,900.00 |
| 46 | DRIP | Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares | 7.9M | $84,825.60 |
| 47 | XOP | SPDR S&P Oil & Gas Exploration & Production ETF | 7.81M | $3,490,840.00 |
| 48 | BKLN | Invesco Senior Loan ETF | 7.54M | $6,246,150.00 |
| 49 | IYR | iShares U.S. Real Estate ETF | 7.5M | $6,109,170.00 |
| 50 | GLD | SPDR Gold Shares | 7.35M | $56,188,800.00 |