LABU vs. IBBQ ETF Comparison
Comparison of Direxion Daily S&P Biotech Bull 3X Shares (LABU) to Invesco Nasdaq Biotechnology ETF (IBBQ)
LABU
Direxion Daily S&P Biotech Bull 3X Shares
LABU Description
The investment seeks daily investment results, of 300% of the performance of the S&P Biotechnology Select Industry Index ("index"). The index is provided by S&P and includes domestic companies from the biotechnology industry. The fund normally creates long positions by investing at least 80% of its assets in the securities that comprise the index and/or financial instruments that provide leveraged and unleveraged exposure to the index. These financial instruments include: swap agreements; options on securities and indices; forward contracts; reverse repurchase agreements; ETFs; and other financial instruments. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$106.77
Average Daily Volume
1,088,205
128
IBBQ
Invesco Nasdaq Biotechnology ETF
IBBQ Description
The investment seeks to track the investment results (before fees and expenses) of the Nasdaq Biotechnology Index ®. The fund generally will invest at least 90% of its total assets in the securities that comprise the index. Strictly in accordance with its guidelines and mandated procedures, Nasdaq compiles the underlying index, which is a modified market capitalization weighted index that is designed to measure the performance of securities listed on the Nasdaq Stock Market that are classified as either biotechnology or pharmaceutical companies. The index may include securities of large-, mid- and small-capitalization companies. The fund is non-diversified.Grade (RS Rating)
Last Trade
$22.29
Average Daily Volume
17,582
195
Performance
Period | LABU | IBBQ |
---|---|---|
30 Days | -14.44% | -6.27% |
60 Days | -23.87% | -8.87% |
90 Days | -25.01% | -8.76% |
12 Months | 55.02% | 17.68% |
104 Overlapping Holdings
Symbol | Grade | Weight in LABU | Weight in IBBQ | Overlap | |
---|---|---|---|---|---|
ABUS | D | 0.04% | 0.07% | 0.04% | |
ACAD | C | 0.48% | 0.3% | 0.3% | |
ACLX | C | 0.53% | 0.51% | 0.51% | |
ADMA | B | 0.79% | 0.48% | 0.48% | |
AGIO | C | 0.49% | 0.33% | 0.33% | |
AKRO | B | 0.27% | 0.21% | 0.21% | |
ALEC | F | 0.04% | 0.04% | 0.04% | |
ALKS | C | 0.72% | 0.5% | 0.5% | |
ALLO | F | 0.08% | 0.05% | 0.05% | |
ALNY | D | 1.64% | 3.26% | 1.64% | |
AMGN | F | 1.5% | 7.56% | 1.5% | |
ANAB | F | 0.08% | 0.06% | 0.06% | |
APLS | F | 0.57% | 0.34% | 0.34% | |
ARCT | F | 0.12% | 0.05% | 0.05% | |
ARDX | F | 0.28% | 0.13% | 0.13% | |
ARQT | B | 0.27% | 0.12% | 0.12% | |
ARWR | D | 0.38% | 0.25% | 0.25% | |
AVXL | B | 0.11% | 0.07% | 0.07% | |
BBIO | F | 0.58% | 0.48% | 0.48% | |
BCRX | D | 0.28% | 0.16% | 0.16% | |
BEAM | D | 0.49% | 0.21% | 0.21% | |
BIIB | F | 1.42% | 2.52% | 1.42% | |
BMRN | F | 1.3% | 1.3% | 1.3% | |
BPMC | B | 1.12% | 0.61% | 0.61% | |
CGEM | F | 0.17% | 0.09% | 0.09% | |
COGT | D | 0.11% | 0.1% | 0.1% | |
CRNX | C | 0.58% | 0.47% | 0.47% | |
CRSP | D | 1.0% | 0.43% | 0.43% | |
CYTK | F | 1.17% | 0.64% | 0.64% | |
DAWN | D | 0.19% | 0.14% | 0.14% | |
DNLI | D | 0.33% | 0.39% | 0.33% | |
DVAX | C | 0.35% | 0.17% | 0.17% | |
DYN | F | 0.5% | 0.31% | 0.31% | |
ERAS | C | 0.07% | 0.08% | 0.07% | |
ETNB | C | 0.11% | 0.09% | 0.09% | |
EXEL | B | 0.77% | 1.06% | 0.77% | |
FDMT | F | 0.07% | 0.05% | 0.05% | |
FOLD | F | 0.41% | 0.31% | 0.31% | |
GERN | D | 0.53% | 0.24% | 0.24% | |
GILD | C | 1.88% | 9.95% | 1.88% | |
HALO | F | 1.0% | 0.62% | 0.62% | |
HUMA | F | 0.12% | 0.06% | 0.06% | |
IDYA | F | 0.37% | 0.24% | 0.24% | |
IMVT | F | 0.43% | 0.42% | 0.42% | |
INCY | C | 2.06% | 1.58% | 1.58% | |
INSM | C | 1.61% | 1.23% | 1.23% | |
IONS | F | 0.74% | 0.54% | 0.54% | |
IOVA | F | 0.56% | 0.27% | 0.27% | |
IRON | B | 0.22% | 0.19% | 0.19% | |
IRWD | F | 0.16% | 0.07% | 0.07% | |
ITOS | F | 0.04% | 0.03% | 0.03% | |
JANX | C | 0.33% | 0.27% | 0.27% | |
KALV | F | 0.04% | 0.04% | 0.04% | |
KROS | D | 0.25% | 0.23% | 0.23% | |
KRYS | C | 0.81% | 0.53% | 0.53% | |
KURA | F | 0.15% | 0.13% | 0.13% | |
KYMR | D | 0.3% | 0.29% | 0.29% | |
MDGL | B | 1.35% | 0.67% | 0.67% | |
MIRM | B | 0.39% | 0.23% | 0.23% | |
MNKD | C | 0.22% | 0.2% | 0.2% | |
MRNA | F | 0.98% | 1.53% | 0.98% | |
MYGN | F | 0.17% | 0.15% | 0.15% | |
NBIX | C | 1.7% | 1.28% | 1.28% | |
NRIX | C | 0.25% | 0.16% | 0.16% | |
NTLA | F | 0.38% | 0.15% | 0.15% | |
NUVL | C | 0.38% | 0.56% | 0.38% | |
NVAX | F | 0.27% | 0.13% | 0.13% | |
OLMA | F | 0.09% | 0.06% | 0.06% | |
ORIC | F | 0.06% | 0.06% | 0.06% | |
PCVX | D | 0.6% | 1.04% | 0.6% | |
PRTA | F | 0.1% | 0.08% | 0.08% | |
PTCT | B | 0.43% | 0.32% | 0.32% | |
PTGX | D | 0.37% | 0.26% | 0.26% | |
RARE | F | 0.47% | 0.44% | 0.44% | |
RCKT | F | 0.19% | 0.14% | 0.14% | |
REGN | F | 1.14% | 5.67% | 1.14% | |
REPL | D | 0.11% | 0.08% | 0.08% | |
RGNX | D | 0.09% | 0.05% | 0.05% | |
RLAY | F | 0.1% | 0.07% | 0.07% | |
RNA | C | 0.99% | 0.53% | 0.53% | |
ROIV | C | 0.76% | 0.89% | 0.76% | |
RVMD | C | 0.96% | 0.99% | 0.96% | |
RXRX | F | 0.47% | 0.18% | 0.18% | |
RYTM | C | 0.38% | 0.37% | 0.37% | |
SAGE | F | 0.08% | 0.03% | 0.03% | |
SANA | F | 0.08% | 0.06% | 0.06% | |
SMMT | D | 0.21% | 1.43% | 0.21% | |
SNDX | F | 0.29% | 0.14% | 0.14% | |
SPRY | C | 0.11% | 0.15% | 0.11% | |
SRPT | F | 1.48% | 1.08% | 1.08% | |
SRRK | C | 0.32% | 0.23% | 0.23% | |
SVRA | F | 0.05% | 0.05% | 0.05% | |
SWTX | C | 0.5% | 0.29% | 0.29% | |
TVTX | C | 0.17% | 0.15% | 0.15% | |
TWST | F | 0.54% | 0.23% | 0.23% | |
UTHR | C | 1.92% | 1.75% | 1.75% | |
VCEL | B | 0.28% | 0.28% | 0.28% | |
VCYT | B | 0.33% | 0.3% | 0.3% | |
VERA | C | 0.39% | 0.27% | 0.27% | |
VERV | F | 0.11% | 0.04% | 0.04% | |
VIR | D | 0.15% | 0.12% | 0.12% | |
VRTX | D | 1.68% | 8.34% | 1.68% | |
XNCR | B | 0.15% | 0.15% | 0.15% | |
YMAB | F | 0.04% | 0.05% | 0.04% |
LABU Overweight 24 Positions Relative to IBBQ
Symbol | Grade | Weight | |
---|---|---|---|
NTRA | A | 2.02% | |
ABBV | F | 1.47% | |
VKTX | F | 1.35% | |
EXAS | D | 1.31% | |
TGTX | B | 1.05% | |
CGON | F | 0.28% | |
CPRX | C | 0.26% | |
CLDX | F | 0.23% | |
VRDN | D | 0.2% | |
CDNA | D | 0.15% | |
CDMO | A | 0.14% | |
APLT | C | 0.14% | |
ALT | C | 0.13% | |
RCUS | F | 0.13% | |
EBS | C | 0.13% | |
ANNX | F | 0.11% | |
STOK | F | 0.11% | |
IMNM | F | 0.1% | |
MDXG | B | 0.1% | |
OCGN | F | 0.08% | |
CELC | F | 0.08% | |
CCCC | F | 0.07% | |
SCLX | F | 0.05% | |
FATE | F | 0.04% |
LABU Underweight 91 Positions Relative to IBBQ
Symbol | Grade | Weight | |
---|---|---|---|
AZN | F | -3.97% | |
ILMN | C | -2.32% | |
ARGX | B | -1.96% | |
VTRS | A | -1.65% | |
SNY | F | -1.51% | |
RPRX | D | -1.24% | |
BNTX | C | -1.05% | |
MEDP | D | -1.04% | |
ITCI | C | -0.95% | |
BGNE | D | -0.91% | |
JAZZ | B | -0.81% | |
ASND | F | -0.79% | |
AXSM | B | -0.48% | |
GH | B | -0.39% | |
LEGN | D | -0.34% | |
MRUS | F | -0.34% | |
XENE | D | -0.33% | |
EWTX | C | -0.32% | |
VRNA | B | -0.28% | |
AMPH | F | -0.23% | |
LGND | C | -0.22% | |
SUPN | C | -0.21% | |
HRMY | D | -0.2% | |
FTRE | D | -0.19% | |
NVCR | C | -0.19% | |
TARS | C | -0.18% | |
WVE | C | -0.18% | |
ARVN | F | -0.17% | |
ZLAB | C | -0.15% | |
HROW | D | -0.15% | |
OCUL | D | -0.15% | |
AUPH | B | -0.13% | |
INVA | D | -0.13% | |
ANIP | F | -0.13% | |
IMCR | D | -0.13% | |
CNTA | B | -0.12% | |
ELVN | D | -0.12% | |
GRFS | C | -0.12% | |
COLL | F | -0.1% | |
BCYC | F | -0.09% | |
GMAB | F | -0.09% | |
ADPT | C | -0.08% | |
PLRX | D | -0.08% | |
EOLS | D | -0.08% | |
PCRX | C | -0.08% | |
ABCL | D | -0.08% | |
CSTL | D | -0.08% | |
AUTL | F | -0.07% | |
MRVI | F | -0.07% | |
HCM | D | -0.06% | |
GLPG | F | -0.06% | |
CVAC | F | -0.06% | |
MLYS | F | -0.06% | |
PHAT | F | -0.06% | |
TSHA | C | -0.05% | |
SIGA | F | -0.05% | |
XERS | C | -0.05% | |
PACB | F | -0.05% | |
TERN | F | -0.05% | |
RVNC | F | -0.05% | |
OABI | F | -0.05% | |
TBPH | B | -0.05% | |
URGN | F | -0.05% | |
EYPT | D | -0.05% | |
PAHC | C | -0.05% | |
MGTX | C | -0.05% | |
THRD | F | -0.05% | |
LXRX | F | -0.04% | |
PRME | F | -0.04% | |
PGEN | F | -0.03% | |
BMEA | F | -0.03% | |
ZNTL | F | -0.03% | |
ATAI | C | -0.03% | |
LYEL | F | -0.03% | |
VNDA | C | -0.03% | |
QURE | C | -0.03% | |
VYGR | F | -0.03% | |
ACIU | D | -0.03% | |
ACRS | B | -0.02% | |
CABA | F | -0.02% | |
CRBU | D | -0.02% | |
FULC | F | -0.02% | |
AMRN | F | -0.02% | |
EDIT | F | -0.02% | |
MGNX | F | -0.02% | |
BLUE | F | -0.01% | |
ALXO | F | -0.01% | |
OVID | F | -0.01% | |
CHRS | D | -0.01% | |
VTYX | F | -0.01% | |
RAPT | F | -0.0% |
LABU: Top Represented Industries & Keywords
IBBQ: Top Represented Industries & Keywords