LABD vs. MEDX ETF Comparison
Comparison of Direxion Daily S&P Biotech Bear 3X Shares (LABD) to Horizon Kinetics Medical ETF (MEDX)
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
$5.76
Average Daily Volume
15,699,334
79
MEDX
Horizon Kinetics Medical ETF
MEDX Description
The fund is an actively-managed exchange-traded fund ("ETF") that pursues its investment objective by investing, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes in common stocks, convertible securities, warrants and other equity securities having the characteristics of common stocks of U.S. and foreign companies engaged in medical research, pharmaceutical and medical technology industries and related technology industries. The fund is non-diversified.Grade (RS Rating)
Last Trade
$29.27
Average Daily Volume
512
32
Performance
| Period | LABD | MEDX |
|---|---|---|
| 30 Days | -3.36% | -4.20% |
| 60 Days | 6.17% | -8.31% |
| 90 Days | -9.66% | -4.39% |
| 12 Months | -75.44% | 4.75% |
12 Overlapping Holdings
| Symbol | Grade | Weight in LABD | Weight in MEDX | Overlap | |
|---|---|---|---|---|---|
| ABBV | A | 1.72% | 8.78% | 1.72% | |
| ALKS | F | 1.21% | 3.44% | 1.21% | |
| ALLO | D | 0.54% | 0.29% | 0.29% | |
| ALNY | C | 1.73% | 4.6% | 1.73% | |
| AMGN | C | 1.75% | 6.01% | 1.75% | |
| BIIB | F | 1.65% | 3.21% | 1.65% | |
| BLUE | F | 1.87% | 0.1% | 0.1% | |
| EDIT | F | 0.66% | 0.54% | 0.54% | |
| IONS | F | 1.64% | 2.78% | 1.64% | |
| NTLA | F | 0.29% | 1.17% | 0.29% | |
| REGN | F | 1.77% | 3.77% | 1.77% | |
| VNDA | D | 0.35% | 0.67% | 0.35% |
LABD Overweight 67 Positions Relative to MEDX
| Symbol | Grade | Weight | |
|---|---|---|---|
| EXEL | A | 1.91% | |
| BMRN | F | 1.89% | |
| VRTX | D | 1.84% | |
| SAGE | F | 1.8% | |
| UTHR | A | 1.78% | |
| EXAS | A | 1.73% | |
| ACAD | F | 1.68% | |
| SRPT | D | 1.66% | |
| GILD | A | 1.64% | |
| NBIX | C | 1.62% | |
| BPMC | C | 1.61% | |
| INCY | A | 1.51% | |
| RARE | D | 1.49% | |
| MRNA | F | 1.47% | |
| LGND | A | 1.46% | |
| ARWR | F | 1.45% | |
| BHVN | B | 1.42% | |
| PTCT | B | 1.4% | |
| FOLD | B | 1.38% | |
| AGIO | B | 1.37% | |
| APLS | F | 1.24% | |
| MYGN | F | 1.08% | |
| NTRA | B | 1.08% | |
| IOVA | B | 1.07% | |
| FGEN | F | 1.05% | |
| RGNX | F | 1.05% | |
| CHRS | F | 0.99% | |
| EBS | B | 0.96% | |
| CDNA | D | 0.93% | |
| HRTX | F | 0.84% | |
| INSM | D | 0.81% | |
| KPTI | C | 0.79% | |
| ESPR | C | 0.79% | |
| ALLK | B | 0.76% | |
| IRWD | F | 0.75% | |
| VCYT | A | 0.72% | |
| HALO | B | 0.71% | |
| FATE | F | 0.67% | |
| PBYI | C | 0.65% | |
| MDGL | A | 0.59% | |
| TGTX | A | 0.55% | |
| ADVM | D | 0.55% | |
| CPRX | A | 0.53% | |
| ANAB | F | 0.53% | |
| XNCR | A | 0.49% | |
| SGMO | A | 0.48% | |
| ENTA | D | 0.47% | |
| EGRX | F | 0.42% | |
| GTHX | A | 0.42% | |
| ATRA | C | 0.41% | |
| VKTX | A | 0.38% | |
| ANIK | F | 0.37% | |
| OPK | C | 0.35% | |
| VCEL | D | 0.34% | |
| TVTX | B | 0.33% | |
| KOD | B | 0.29% | |
| BBIO | D | 0.29% | |
| PGEN | F | 0.29% | |
| DNLI | C | 0.28% | |
| KRYS | C | 0.28% | |
| GOSS | F | 0.27% | |
| VYGR | C | 0.26% | |
| MGNX | C | 0.25% | |
| ALEC | D | 0.25% | |
| CYTK | F | 0.25% | |
| DVAX | A | 0.24% | |
| YMAB | A | 0.24% |
LABD Underweight 20 Positions Relative to MEDX
LABD: Top Represented Industries & Keywords
MEDX: Top Represented Industries & Keywords
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