LABD vs. PBE ETF Comparison
Comparison of Direxion Daily S&P Biotech Bear 3X Shares (LABD) to PowerShares Dynamic Biotech & Genome (PBE)
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
$10.07
Average Daily Volume
16,517,933
80
PBE
PowerShares Dynamic Biotech & Genome
PBE Description
The PowerShares Dynamic Biotechnology & Genome Portfolio (Fund) is based on the Dynamic Biotech & Genome IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index is designed to provide capital appreciation by thoroughly evaluating companies based on a variety of investment merit criteria, including price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 30 US biotechnology and genome companies. These are companies that are principally engaged in the research, development, manufacture and marketing and distribution of various biotechnological products, services and processes and companies that benefit significantly from scientific and technological advances biotechnology and genetic engineering and reseach. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.Grade (RS Rating)
Last Trade
$61.15
Average Daily Volume
17,074
30
Performance
| Period | LABD | PBE |
|---|---|---|
| 30 Days | 32.33% | -5.75% |
| 60 Days | 31.04% | -5.31% |
| 90 Days | 1.25% | -5.67% |
| 12 Months | -35.94% | -2.92% |
21 Overlapping Holdings
| Symbol | Grade | Weight in LABD | Weight in PBE | Overlap | |
|---|---|---|---|---|---|
| ACAD | F | 1.68% | 1.95% | 1.68% | |
| AMGN | C | 1.75% | 4.93% | 1.75% | |
| BIIB | F | 1.65% | 4.73% | 1.65% | |
| BMRN | A | 1.89% | 5.44% | 1.89% | |
| BPMC | B | 1.61% | 2.68% | 1.61% | |
| CPRX | B | 0.53% | 3.21% | 0.53% | |
| DVAX | D | 0.24% | 2.74% | 0.24% | |
| EXEL | A | 1.91% | 3.16% | 1.91% | |
| FOLD | F | 1.38% | 2.24% | 1.38% | |
| GILD | F | 1.64% | 4.95% | 1.64% | |
| HALO | C | 0.71% | 3.09% | 0.71% | |
| IONS | D | 1.64% | 2.69% | 1.64% | |
| MYGN | F | 1.08% | 2.34% | 1.08% | |
| NBIX | B | 1.62% | 5.23% | 1.62% | |
| PTCT | F | 1.4% | 2.84% | 1.4% | |
| REGN | C | 1.77% | 5.0% | 1.77% | |
| TGTX | D | 0.55% | 3.06% | 0.55% | |
| UTHR | B | 1.78% | 3.15% | 1.78% | |
| VCEL | D | 0.34% | 2.83% | 0.34% | |
| VCYT | D | 0.72% | 2.22% | 0.72% | |
| VRTX | C | 1.84% | 4.98% | 1.84% |
LABD Overweight 59 Positions Relative to PBE
| Symbol | Grade | Weight | |
|---|---|---|---|
| BLUE | F | 1.87% | |
| SAGE | F | 1.8% | |
| ALNY | F | 1.73% | |
| EXAS | C | 1.73% | |
| ABBV | C | 1.72% | |
| SRPT | D | 1.66% | |
| INCY | F | 1.51% | |
| RARE | D | 1.49% | |
| MRNA | A | 1.47% | |
| LGND | B | 1.46% | |
| ARWR | F | 1.45% | |
| BHVN | D | 1.42% | |
| AGIO | A | 1.37% | |
| APLS | F | 1.24% | |
| ALKS | F | 1.21% | |
| NTRA | B | 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 | A | 0.84% | |
| INSM | F | 0.81% | |
| KPTI | F | 0.79% | |
| ESPR | D | 0.79% | |
| ALLK | F | 0.76% | |
| IRWD | D | 0.75% | |
| FATE | D | 0.67% | |
| EDIT | F | 0.66% | |
| PBYI | D | 0.65% | |
| MDGL | D | 0.59% | |
| ADVM | F | 0.55% | |
| ALLO | F | 0.54% | |
| ANAB | F | 0.53% | |
| XNCR | F | 0.49% | |
| SGMO | F | 0.48% | |
| ENTA | C | 0.47% | |
| EGRX | F | 0.42% | |
| GTHX | B | 0.42% | |
| ATRA | F | 0.41% | |
| VKTX | B | 0.38% | |
| ANIK | A | 0.37% | |
| VNDA | A | 0.35% | |
| OPK | B | 0.35% | |
| TVTX | F | 0.33% | |
| KOD | F | 0.29% | |
| BBIO | F | 0.29% | |
| NTLA | F | 0.29% | |
| PGEN | C | 0.29% | |
| DNLI | F | 0.28% | |
| KRYS | B | 0.28% | |
| GOSS | F | 0.27% | |
| VYGR | F | 0.26% | |
| MGNX | D | 0.25% | |
| ALEC | F | 0.25% | |
| CYTK | D | 0.25% | |
| YMAB | C | 0.24% |
LABD: Top Represented Industries & Keywords
PBE: Top Represented Industries & Keywords
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