LABD vs. QQQS ETF Comparison

Comparison of Direxion Daily S&P Biotech Bear 3X Shares (LABD) to Invesco NASDAQ Future Gen 200 ETF (QQQS)
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

$8.28

Average Daily Volume

16,116,151

Number of Holdings *

80

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

Invesco NASDAQ Future Gen 200 ETF

QQQS Description The fund generally will invest at least 90% of its total assets in the securities that comprise the index. The index excludes securities of issuers included in the Nasdaq-100 Index® (an index that measures the performance of 100 of the largest Nasdaq-listed non-financial companies by market capitalization) and the Nasdaq Next Generation 100 Index® (an index that measures the performance of the 100 largest Nasdaq-listed companies outside of the NASDAQ-100 Index® based on market capitalization). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$25.77

Average Daily Volume

4,033

Number of Holdings *

10

* may have additional holdings in another (foreign) market
Performance
Period LABD QQQS
30 Days 0.98% -2.57%
60 Days 34.91% -6.53%
90 Days -15.65% 1.08%
12 Months -40.15% -5.79%
0 Overlapping Holdings
Symbol Grade Weight in LABD Weight in QQQS Overlap
LABD Overweight 80 Positions Relative to QQQS
Symbol Grade Weight
EXEL D 1.91%
BMRN F 1.89%
BLUE F 1.87%
VRTX D 1.84%
SAGE F 1.8%
UTHR A 1.78%
REGN B 1.77%
AMGN A 1.75%
ALNY D 1.73%
EXAS F 1.73%
ABBV D 1.72%
ACAD F 1.68%
SRPT B 1.66%
BIIB D 1.65%
IONS F 1.64%
GILD F 1.64%
NBIX A 1.62%
BPMC A 1.61%
INCY D 1.51%
RARE D 1.49%
MRNA B 1.47%
LGND D 1.46%
ARWR F 1.45%
BHVN D 1.42%
PTCT B 1.4%
FOLD F 1.38%
AGIO A 1.37%
APLS F 1.24%
ALKS F 1.21%
MYGN D 1.08%
NTRA A 1.08%
IOVA D 1.07%
FGEN F 1.05%
RGNX F 1.05%
DCPH A 1.01%
CHRS F 0.99%
EBS C 0.96%
CDNA C 0.93%
HRTX D 0.84%
INSM D 0.81%
KPTI F 0.79%
ESPR D 0.79%
ALLK F 0.76%
IRWD F 0.75%
VCYT D 0.72%
HALO D 0.71%
FATE D 0.67%
EDIT F 0.66%
PBYI D 0.65%
MDGL D 0.59%
TGTX C 0.55%
ADVM F 0.55%
ALLO F 0.54%
CPRX D 0.53%
ANAB B 0.53%
XNCR C 0.49%
SGMO F 0.48%
ENTA C 0.47%
EGRX F 0.42%
GTHX B 0.42%
ATRA F 0.41%
VKTX C 0.38%
ANIK A 0.37%
VNDA B 0.35%
OPK C 0.35%
VCEL C 0.34%
TVTX F 0.33%
KOD D 0.29%
BBIO F 0.29%
NTLA F 0.29%
PGEN D 0.29%
DNLI F 0.28%
KRYS D 0.28%
GOSS F 0.27%
VYGR D 0.26%
MGNX D 0.25%
ALEC F 0.25%
CYTK D 0.25%
DVAX D 0.24%
YMAB C 0.24%
LABD Underweight 10 Positions Relative to QQQS
Symbol Grade Weight
SIGA A -0.89%
GERN B -0.83%
HEAR C -0.81%
INO B -0.79%
XFOR D -0.72%
TNDM A -0.67%
AVDL A -0.66%
SMTC A -0.65%
WVE C -0.64%
ATRI B -0.63%
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