LABD vs. FDMO ETF Comparison

Comparison of Direxion Daily S&P Biotech Bear 3X Shares (LABD) to Fidelity Momentum Factor ETF (FDMO)
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

$5.91

Average Daily Volume

16,541,717

Number of Holdings *

79

* may have additional holdings in another (foreign) market
FDMO

Fidelity Momentum Factor ETF

FDMO Description The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Momentum Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Momentum Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies that exhibit positive momentum signals.

Grade (RS Rating)

Last Trade

$65.97

Average Daily Volume

41,989

Number of Holdings *

123

* may have additional holdings in another (foreign) market
Performance
Period LABD FDMO
30 Days 6.60% 3.55%
60 Days 3.82% 6.04%
90 Days -18.56% 3.73%
12 Months -69.31% 41.77%
4 Overlapping Holdings
Symbol Grade Weight in LABD Weight in FDMO Overlap
ABBV B 1.72% 1.32% 1.32%
AMGN D 1.75% 1.01% 1.01%
NTRA C 1.08% 0.85% 0.85%
REGN D 1.77% 0.93% 0.93%
LABD Overweight 75 Positions Relative to FDMO
Symbol Grade Weight
EXEL C 1.91%
BMRN F 1.89%
BLUE F 1.87%
VRTX D 1.84%
SAGE F 1.8%
UTHR B 1.78%
ALNY C 1.73%
EXAS D 1.73%
ACAD F 1.68%
SRPT F 1.66%
BIIB F 1.65%
IONS F 1.64%
GILD B 1.64%
NBIX F 1.62%
BPMC F 1.61%
INCY C 1.51%
RARE C 1.49%
MRNA F 1.47%
LGND D 1.46%
ARWR F 1.45%
BHVN C 1.42%
PTCT C 1.4%
FOLD F 1.38%
AGIO D 1.37%
APLS F 1.24%
ALKS D 1.21%
MYGN D 1.08%
IOVA F 1.07%
FGEN F 1.05%
RGNX F 1.05%
CHRS F 0.99%
EBS D 0.96%
CDNA C 0.93%
HRTX F 0.84%
INSM D 0.81%
KPTI F 0.79%
ESPR F 0.79%
ALLK F 0.76%
IRWD F 0.75%
VCYT C 0.72%
HALO D 0.71%
FATE F 0.67%
EDIT F 0.66%
PBYI F 0.65%
MDGL F 0.59%
TGTX C 0.55%
ADVM F 0.55%
ALLO D 0.54%
CPRX C 0.53%
ANAB D 0.53%
XNCR D 0.49%
SGMO D 0.48%
ENTA F 0.47%
EGRX F 0.42%
GTHX A 0.42%
ATRA F 0.41%
VKTX D 0.38%
ANIK F 0.37%
VNDA F 0.35%
OPK D 0.35%
VCEL F 0.34%
TVTX C 0.33%
KOD D 0.29%
BBIO F 0.29%
NTLA F 0.29%
PGEN F 0.29%
DNLI C 0.28%
KRYS D 0.28%
GOSS D 0.27%
VYGR F 0.26%
MGNX F 0.25%
ALEC F 0.25%
CYTK F 0.25%
DVAX D 0.24%
YMAB D 0.24%
LABD Underweight 119 Positions Relative to FDMO
Symbol Grade Weight
MSFT C -7.28%
NVDA C -6.63%
AMZN C -3.69%
GOOGL D -3.48%
AVGO C -2.64%
META B -2.54%
LLY D -2.1%
BRK.A C -2.01%
APP C -1.89%
JPM D -1.56%
CRWD D -1.51%
ANET C -1.44%
AMAT D -1.43%
KLAC D -1.34%
APH C -1.33%
GDDY C -1.31%
V C -1.3%
DELL C -1.28%
MRK F -1.24%
HD B -1.19%
XOM D -1.19%
MU D -1.17%
ISRG C -1.05%
COST C -1.0%
PG C -0.99%
BSX B -0.97%
BAC D -0.96%
ELV D -0.91%
WMT B -0.88%
NFLX B -0.81%
THC C -0.79%
WFC D -0.78%
PGR C -0.78%
SMCI F -0.77%
GE C -0.77%
AXP B -0.75%
KO B -0.75%
CAT B -0.74%
GS B -0.73%
UBER C -0.73%
BKNG B -0.72%
TJX C -0.69%
CB B -0.67%
RTX B -0.66%
MCK F -0.66%
C C -0.65%
KKR B -0.64%
ETN C -0.64%
CMG D -0.61%
VZ A -0.58%
PM C -0.58%
HLT B -0.57%
TT B -0.57%
LIN B -0.55%
ALL C -0.55%
T B -0.53%
CVNA B -0.53%
TDG B -0.53%
WING C -0.51%
CTAS C -0.51%
HIG B -0.51%
GD C -0.5%
HOOD C -0.5%
VRT C -0.5%
WM D -0.49%
NEE B -0.48%
WSM C -0.48%
JXN B -0.47%
DECK C -0.47%
EME B -0.46%
WAB B -0.46%
RSG D -0.44%
FIX B -0.44%
TMUS B -0.43%
ANF D -0.43%
LDOS A -0.42%
CSL B -0.42%
CL C -0.39%
COIN F -0.39%
OKE C -0.35%
SO B -0.34%
AMT C -0.33%
WMB C -0.33%
MPC F -0.32%
DUK B -0.32%
TRGP C -0.31%
PSX F -0.31%
SHW B -0.3%
CEG C -0.3%
WELL C -0.28%
EQIX B -0.28%
FRPT C -0.27%
SFM B -0.26%
FANG F -0.26%
ECL B -0.25%
FCX C -0.25%
PSA C -0.25%
AEP C -0.25%
SPG B -0.24%
PEG B -0.24%
VST B -0.24%
CASY D -0.24%
FTI D -0.22%
DLR B -0.22%
EXR C -0.21%
WFRD F -0.2%
NRG B -0.2%
IRM C -0.19%
AVB C -0.19%
IFF A -0.18%
MLM D -0.18%
PKG B -0.17%
ELF F -0.17%
ESS C -0.17%
LAMR B -0.16%
STLD C -0.15%
AVY C -0.15%
SLG C -0.14%
CRS C -0.14%
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