LABD vs. FBT ETF Comparison
Comparison of Direxion Daily S&P Biotech Bear 3X Shares (LABD) to First Trust Amex Biotech Index Fund (FBT)
LABD
Direxion Daily S&P Biotech Bear 3X Shares
LABD Description
The investment seeks daily investment results, before fees and expenses, of 300% of the inverse of the performance of the S&P Biotechnology Select Industry Index. The index is provided by Standard & Poor's and includes domestic companies from the biotechnology industry. The fund normally creates short positions by investing at least 80% of its assets in: swap agreements; options on securities and indices; forward contracts; short positions; reverse repurchase agreements; ETFs; and other financial instruments that, in combination, provide inverse leveraged and unleveraged exposure to the S&P Biotechnology Select Industry Index ("index"). It is non-diversified.
Grade (RS Rating)
Last Trade
$10.78
Average Daily Volume
16,276,822
80
FBT
First Trust Amex Biotech Index Fund
FBT Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NYSE Arca Biotechnology Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is an equal-dollar weighted index designed to measure the performance of a cross section of companies in the biotechnology industry that are primarily involved in the use of biological processes to develop products or provide services. The fund is non-diversified.Grade (RS Rating)
Last Trade
$141.04
Average Daily Volume
26,476
30
Performance
| Period | LABD | FBT |
|---|---|---|
| 30 Days | 39.52% | -7.27% |
| 60 Days | 30.66% | -5.14% |
| 90 Days | 3.01% | -6.68% |
| 12 Months | -32.21% | -10.48% |
20 Overlapping Holdings
| Symbol | Grade | Weight in LABD | Weight in FBT | Overlap | |
|---|---|---|---|---|---|
| ACAD | F | 1.68% | 2.08% | 1.68% | |
| ALKS | F | 1.21% | 2.95% | 1.21% | |
| ALNY | F | 1.73% | 2.66% | 1.73% | |
| AMGN | D | 1.75% | 3.04% | 1.75% | |
| BIIB | F | 1.65% | 2.76% | 1.65% | |
| BMRN | A | 1.89% | 3.41% | 1.89% | |
| DVAX | D | 0.24% | 2.89% | 0.24% | |
| EXAS | B | 1.73% | 3.33% | 1.73% | |
| EXEL | A | 1.91% | 3.52% | 1.91% | |
| GILD | F | 1.64% | 2.73% | 1.64% | |
| HALO | D | 0.71% | 3.91% | 0.71% | |
| INCY | F | 1.51% | 2.97% | 1.51% | |
| INSM | D | 0.81% | 3.22% | 0.81% | |
| MRNA | A | 1.47% | 3.43% | 1.47% | |
| NBIX | C | 1.62% | 3.53% | 1.62% | |
| NTRA | A | 1.08% | 5.2% | 1.08% | |
| PTCT | F | 1.4% | 3.24% | 1.4% | |
| REGN | C | 1.77% | 3.36% | 1.77% | |
| UTHR | A | 1.78% | 3.71% | 1.78% | |
| VRTX | C | 1.84% | 3.19% | 1.84% |
LABD Overweight 60 Positions Relative to FBT
| Symbol | Grade | Weight | |
|---|---|---|---|
| BLUE | F | 1.87% | |
| SAGE | F | 1.8% | |
| ABBV | C | 1.72% | |
| SRPT | D | 1.66% | |
| IONS | D | 1.64% | |
| BPMC | A | 1.61% | |
| RARE | D | 1.49% | |
| LGND | B | 1.46% | |
| ARWR | F | 1.45% | |
| BHVN | D | 1.42% | |
| FOLD | D | 1.38% | |
| AGIO | B | 1.37% | |
| APLS | F | 1.24% | |
| MYGN | D | 1.08% | |
| IOVA | D | 1.07% | |
| FGEN | F | 1.05% | |
| RGNX | F | 1.05% | |
| DCPH | D | 1.01% | |
| CHRS | F | 0.99% | |
| EBS | F | 0.96% | |
| CDNA | F | 0.93% | |
| HRTX | B | 0.84% | |
| KPTI | D | 0.79% | |
| ESPR | D | 0.79% | |
| ALLK | F | 0.76% | |
| IRWD | F | 0.75% | |
| VCYT | F | 0.72% | |
| FATE | D | 0.67% | |
| EDIT | F | 0.66% | |
| PBYI | D | 0.65% | |
| MDGL | D | 0.59% | |
| TGTX | D | 0.55% | |
| ADVM | F | 0.55% | |
| ALLO | F | 0.54% | |
| CPRX | A | 0.53% | |
| ANAB | D | 0.53% | |
| XNCR | F | 0.49% | |
| SGMO | F | 0.48% | |
| ENTA | C | 0.47% | |
| EGRX | F | 0.42% | |
| GTHX | A | 0.42% | |
| ATRA | F | 0.41% | |
| VKTX | B | 0.38% | |
| ANIK | A | 0.37% | |
| VNDA | A | 0.35% | |
| OPK | C | 0.35% | |
| VCEL | B | 0.34% | |
| TVTX | F | 0.33% | |
| KOD | F | 0.29% | |
| BBIO | F | 0.29% | |
| NTLA | F | 0.29% | |
| PGEN | F | 0.29% | |
| DNLI | F | 0.28% | |
| KRYS | A | 0.28% | |
| GOSS | F | 0.27% | |
| VYGR | F | 0.26% | |
| MGNX | B | 0.25% | |
| ALEC | F | 0.25% | |
| CYTK | D | 0.25% | |
| YMAB | C | 0.24% |
LABD: Top Represented Industries & Keywords
FBT: Top Represented Industries & Keywords
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