LABD vs. MNTL ETF Comparison
Comparison of Direxion Daily S&P Biotech Bear 3X Shares (LABD) to Tema Neuroscience and Mental Health ETF (MNTL)
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
$5.69
Average Daily Volume
15,699,334
79
MNTL
Tema Neuroscience and Mental Health ETF
MNTL Description
Under normal circumstances, the Tema Neuroscience and Mental Health ETF seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in neuroscience and mental health companies. A company is generally considered to be a neuroscience or mental health company that derives at least 50% of revenues from neuroscience or neurology-related diseases, or mental health. The fund is non-diversified.Grade (RS Rating)
Last Trade
$26.29
Average Daily Volume
121
37
Performance
| Period | LABD | MNTL |
|---|---|---|
| 30 Days | -3.36% | 0.36% |
| 60 Days | 6.17% | -3.89% |
| 90 Days | -9.66% | -0.50% |
| 12 Months | -75.44% |
15 Overlapping Holdings
| Symbol | Grade | Weight in LABD | Weight in MNTL | Overlap | |
|---|---|---|---|---|---|
| ACAD | F | 1.68% | 1.28% | 1.28% | |
| ALEC | D | 0.25% | 0.57% | 0.25% | |
| ALKS | F | 1.21% | 1.4% | 1.21% | |
| ALNY | C | 1.73% | 4.96% | 1.73% | |
| BIIB | F | 1.65% | 3.48% | 1.65% | |
| CPRX | A | 0.53% | 2.06% | 0.53% | |
| DNLI | C | 0.28% | 2.42% | 0.28% | |
| IONS | F | 1.64% | 2.47% | 1.64% | |
| NBIX | C | 1.62% | 3.76% | 1.62% | |
| NTLA | F | 0.29% | 1.87% | 0.29% | |
| PTCT | B | 1.4% | 1.13% | 1.13% | |
| REGN | F | 1.77% | 5.2% | 1.77% | |
| SRPT | D | 1.66% | 2.14% | 1.66% | |
| VRTX | D | 1.84% | 7.9% | 1.84% | |
| VYGR | C | 0.26% | 0.82% | 0.26% |
LABD Overweight 64 Positions Relative to MNTL
| Symbol | Grade | Weight | |
|---|---|---|---|
| EXEL | A | 1.91% | |
| BMRN | F | 1.89% | |
| BLUE | F | 1.87% | |
| SAGE | F | 1.8% | |
| UTHR | A | 1.78% | |
| AMGN | C | 1.75% | |
| EXAS | A | 1.73% | |
| ABBV | A | 1.72% | |
| GILD | A | 1.64% | |
| 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% | |
| 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% | |
| EDIT | F | 0.66% | |
| PBYI | C | 0.65% | |
| MDGL | A | 0.59% | |
| TGTX | A | 0.55% | |
| ADVM | D | 0.55% | |
| ALLO | D | 0.54% | |
| 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% | |
| VNDA | D | 0.35% | |
| OPK | C | 0.35% | |
| VCEL | D | 0.34% | |
| TVTX | B | 0.33% | |
| KOD | B | 0.29% | |
| BBIO | D | 0.29% | |
| PGEN | F | 0.29% | |
| KRYS | C | 0.28% | |
| GOSS | F | 0.27% | |
| MGNX | C | 0.25% | |
| CYTK | F | 0.25% | |
| DVAX | A | 0.24% | |
| YMAB | A | 0.24% |
LABD Underweight 22 Positions Relative to MNTL
| Symbol | Grade | Weight | |
|---|---|---|---|
| LLY | F | -5.4% | |
| ARGX | A | -4.21% | |
| TEVA | A | -4.01% | |
| CRNX | B | -3.86% | |
| SYK | A | -3.25% | |
| MDT | B | -3.04% | |
| ITCI | A | -2.16% | |
| XENE | C | -2.16% | |
| RNA | C | -2.08% | |
| DAWN | A | -1.92% | |
| AXSM | C | -1.82% | |
| JAZZ | D | -1.58% | |
| IMVT | F | -1.49% | |
| PEN | A | -1.41% | |
| DXCM | C | -1.32% | |
| DYN | F | -1.3% | |
| OPCH | F | -1.27% | |
| SRRK | B | -1.15% | |
| ACHC | F | -1.12% | |
| PRTA | F | -0.99% | |
| ARVN | C | -0.47% | |
| QTRX | C | -0.46% |
LABD: Top Represented Industries & Keywords
MNTL: Top Represented Industries & Keywords
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