LABD vs. SDD ETF Comparison

Comparison of Direxion Daily S&P Biotech Bear 3X Shares (LABD) to ProShares UltraShort SmallCap600 (SDD)

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&#39;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

$8.76

Average Daily Volume

16,192,456

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SDD

ProShares UltraShort SmallCap600

SDD Description

The investment seeks daily investment results before fees and expenses that correspond to two times the inverse (-2x) of the daily performance of the S&P SmallCap 600®. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index is a measure of small-cap company U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 600 U.S. operating companies selected through a process. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$19.11

Average Daily Volume

1,697

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	LABD	SDD
30 Days	5.67%	2.50%
60 Days	46.03%	3.30%
90 Days	-10.76%	-2.61%
12 Months	-38.36%	-26.01%

1 Overlapping Holdings

	Symbol	Grade	Weight in LABD	Weight in SDD	Overlap
	EBS	C	0.96%	0.31%	0.31%

LABD Overweight 79 Positions Relative to SDD

Symbol	Grade	Weight
EXEL	B	1.91%
BMRN	F	1.89%
BLUE	F	1.87%
VRTX	C	1.84%
SAGE	F	1.8%
UTHR	A	1.78%
REGN	C	1.77%
AMGN	B	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	D	1.64%
GILD	F	1.64%
NBIX	A	1.62%
BPMC	A	1.61%
INCY	D	1.51%
RARE	D	1.49%
MRNA	A	1.47%
LGND	C	1.46%
ARWR	D	1.45%
BHVN	D	1.42%
PTCT	B	1.4%
FOLD	D	1.38%
AGIO	A	1.37%
APLS	F	1.24%
ALKS	F	1.21%
MYGN	C	1.08%
NTRA	A	1.08%
IOVA	C	1.07%
FGEN	F	1.05%
RGNX	D	1.05%
DCPH	A	1.01%
CHRS	F	0.99%
CDNA	C	0.93%
HRTX	C	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	C	0.71%
FATE	D	0.67%
EDIT	F	0.66%
PBYI	D	0.65%
MDGL	D	0.59%
TGTX	B	0.55%
ADVM	F	0.55%
ALLO	F	0.54%
CPRX	C	0.53%
ANAB	B	0.53%
XNCR	B	0.49%
SGMO	F	0.48%
ENTA	D	0.47%
EGRX	F	0.42%
GTHX	A	0.42%
ATRA	F	0.41%
VKTX	B	0.38%
ANIK	A	0.37%
VNDA	B	0.35%
OPK	B	0.35%
VCEL	B	0.34%
TVTX	F	0.33%
KOD	D	0.29%
BBIO	D	0.29%
NTLA	F	0.29%
PGEN	C	0.29%
DNLI	F	0.28%
KRYS	C	0.28%
GOSS	F	0.27%
VYGR	D	0.26%
MGNX	D	0.25%
ALEC	D	0.25%
CYTK	D	0.25%
DVAX	D	0.24%
YMAB	B	0.24%

LABD Underweight 91 Positions Relative to SDD

Symbol	Grade	Weight
DAR	F	-0.61%
GBCI	B	-0.49%
BLD	C	-0.48%
JBT	F	-0.47%
EXPO	A	-0.47%
NEOG	F	-0.47%
VIAV	D	-0.46%
OMCL	C	-0.46%
CBU	C	-0.46%
STRA	A	-0.45%
BCPC	C	-0.44%
NEO	D	-0.43%
SSD	C	-0.43%
SHOO	C	-0.42%
AVA	A	-0.42%
SKYW	A	-0.42%
B	B	-0.41%
AWR	C	-0.41%
UNF	F	-0.41%
LAD	F	-0.41%
ONB	A	-0.4%
AMN	D	-0.4%
CNMD	F	-0.4%
CCOI	F	-0.39%
ADC	A	-0.39%
POWI	D	-0.39%
ITRI	A	-0.39%
UFPI	C	-0.38%
SFNC	D	-0.38%
MOG.A	A	-0.38%
BRC	B	-0.37%
CVBF	C	-0.37%
PRLB	F	-0.37%
ITGR	B	-0.37%
WTS	C	-0.36%
JJSF	F	-0.36%
QLYS	D	-0.36%
AEIS	D	-0.36%
ABCB	A	-0.36%
CROX	C	-0.36%
INDB	C	-0.35%
WING	A	-0.35%
WWW	B	-0.35%
LCII	F	-0.35%
COLB	B	-0.35%
ABM	A	-0.34%
WDFC	D	-0.34%
FOXF	F	-0.34%
LXP	D	-0.34%
SEM	B	-0.33%
ESE	A	-0.33%
AEL	A	-0.33%
IOSP	C	-0.33%
AIT	C	-0.33%
IRDM	B	-0.33%
ARI	F	-0.33%
ROG	D	-0.32%
CWT	A	-0.32%
MEDP	D	-0.32%
GTLS	F	-0.32%
MNRO	F	-0.32%
FUL	C	-0.32%
SAIA	F	-0.32%
NSIT	D	-0.32%
LPSN	F	-0.32%
AIN	F	-0.31%
SANM	B	-0.31%
HI	F	-0.31%
DIOD	B	-0.31%
IVR	B	-0.31%
EXLS	C	-0.31%
FN	C	-0.31%
FELE	D	-0.3%
PMT	A	-0.3%
SPXC	A	-0.3%
ALGT	F	-0.3%
MTH	A	-0.3%
ENSG	D	-0.3%
KFY	C	-0.3%
FFBC	A	-0.3%
ACA	C	-0.29%
AAT	A	-0.29%
DORM	C	-0.29%
NMIH	A	-0.29%
PLXS	A	-0.29%
XHR	D	-0.29%
KWR	C	-0.28%
PRGS	F	-0.28%
FBP	A	-0.28%
AKR	B	-0.28%
NWN	A	-0.28%

LABD: Top Represented Industries & Keywords

Industries: Biotechnology Drug Manufacturers - Specialty & Generic Drug Manufacturers - Major Diagnostics & Research