LABU vs. RAVI ETF Comparison

Comparison of Direxion Daily S&P Biotech Bull 3X Shares (LABU) to FlexShares Ready Access Variable Income Fund (RAVI)

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

$103.10

Average Daily Volume

2,684,003

Number of Holdings ^*

125

* may have additional holdings in another (foreign) market

RAVI

FlexShares Ready Access Variable Income Fund

RAVI Description

The investment seeks maximum current income consistent with the preservation of capital and liquidity. The fund seeks to achieve the investment objective by investing at least 65% of its total assets in a non-diversified portfolio of fixed income instruments, including bonds, debt securities and other similar instruments issued by U.S. and non-U.S. public and private sector entities. The dollar-weighted average portfolio maturity of the fund is normally not expected to exceed two years. It may invest up to 20% of its total assets in fixed income securities and instruments of issuers in emerging markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$75.17

Average Daily Volume

52,973

Number of Holdings ^*

102

* may have additional holdings in another (foreign) market

Performance

Period	LABU	RAVI
30 Days	-21.96%	0.46%
60 Days	-39.81%	0.88%
90 Days	-14.33%	1.33%
12 Months	-8.30%	5.37%

2 Overlapping Holdings

	Symbol	Grade	Weight in LABU	Weight in RAVI	Overlap
	ABBV	D	0.76%	0.13%	0.13%
	GILD	F	0.72%	0.59%	0.59%

LABU Overweight 123 Positions Relative to RAVI

Symbol	Grade	Weight
ALPN	A	1.33%
RVMD	A	0.91%
EXAS	F	0.84%
BMRN	D	0.84%
CRNX	A	0.83%
EXEL	B	0.83%
MRNA	A	0.82%
CERE	A	0.82%
CYTK	D	0.81%
AMGN	B	0.8%
NTRA	A	0.8%
GERN	A	0.79%
BPMC	A	0.79%
UTHR	A	0.78%
VRTX	C	0.78%
ALNY	D	0.78%
NBIX	A	0.77%
SRPT	B	0.76%
HALO	C	0.75%
REGN	C	0.75%
RYTM	B	0.75%
IONS	D	0.75%
DYN	C	0.75%
KRYS	C	0.74%
DVAX	D	0.73%
IMVT	D	0.73%
VKTX	B	0.72%
IRWD	D	0.72%
FOLD	D	0.71%
RARE	D	0.7%
INCY	D	0.7%
BBIO	D	0.7%
INSM	D	0.7%
BIIB	C	0.7%
VCEL	C	0.69%
SNDX	C	0.69%
RCKT	F	0.69%
SWTX	C	0.68%
TGTX	B	0.68%
PCVX	C	0.68%
PTCT	B	0.67%
MDGL	C	0.67%
ALKS	F	0.66%
IDYA	C	0.66%
CPRX	C	0.65%
ARQT	C	0.65%
CLDX	C	0.65%
KYMR	C	0.64%
TWST	C	0.63%
NUVL	C	0.62%
APLS	F	0.62%
INBX	C	0.61%
BCRX	D	0.61%
DNLI	D	0.61%
VERA	C	0.6%
NVAX	F	0.6%
ARDX	C	0.6%
KROS	C	0.59%
NTLA	D	0.59%
AGIO	A	0.59%
ARWR	D	0.58%
ACLX	D	0.58%
ALT	D	0.58%
IOVA	C	0.58%
ACAD	D	0.58%
MIRM	D	0.57%
PRTA	F	0.57%
CRSP	F	0.57%
PTGX	D	0.56%
RXRX	D	0.55%
MORF	F	0.55%
AKRO	F	0.54%
VCYT	D	0.54%
BEAM	F	0.52%
VRDN	D	0.51%
KURA	C	0.5%
CCCC	D	0.5%
MGNX	C	0.48%
BMEA	F	0.46%
RCUS	D	0.44%
COGT	D	0.44%
SAGE	F	0.44%
SRRK	C	0.43%
RNA	A	0.43%
CABA	D	0.41%
EDIT	F	0.4%
MYGN	C	0.4%
ETNB	F	0.38%
XNCR	B	0.37%
ADMA	A	0.37%
ARCT	D	0.37%
FDMT	C	0.36%
REPL	F	0.36%
SANA	B	0.35%
ZNTL	F	0.34%
TVTX	F	0.31%
FATE	D	0.31%
VIR	F	0.31%
CDMO	B	0.3%
DCPH	A	0.28%
OLMA	D	0.26%
DAWN	A	0.26%
CDNA	C	0.26%
VERV	F	0.26%
MNKD	C	0.26%
RGNX	D	0.25%
NRIX	D	0.25%
RLAY	D	0.24%
IRON	F	0.24%
ALLO	F	0.23%
AVXL	F	0.22%
KNSA	B	0.21%
SMMT	B	0.2%
CRBU	F	0.19%
ANAB	B	0.16%
MDXG	D	0.16%
ALEC	D	0.13%
CGEM	A	0.13%
MRSN	D	0.1%
ORIC	D	0.09%
VYGR	C	0.08%
SPRY	B	0.08%
RCEL	F	0.04%

LABU Underweight 100 Positions Relative to RAVI

Symbol	Grade	Weight
VLO	B	-1.51%
ED	A	-1.05%
OGS	A	-1.05%
OTIS	D	-0.95%
PYPL	A	-0.95%
KDP	A	-0.95%
PXD	A	-0.89%
DHR	B	-0.86%
LYB	C	-0.83%
DTE	A	-0.77%
GE	A	-0.76%
TSN	A	-0.7%
WM	B	-0.69%
CI	A	-0.67%
CM	C	-0.62%
GP	F	-0.59%
TFC	A	-0.59%
AIG	A	-0.57%
SJM	F	-0.57%
NEE	A	-0.57%
BAC	A	-0.57%
AZO	D	-0.52%
NVDA	C	-0.52%
BNS	D	-0.52%
D	A	-0.51%
BDX	F	-0.51%
TD	D	-0.51%
RY	C	-0.51%
SYK	D	-0.49%
CCI	D	-0.49%
AON	D	-0.46%
UNH	B	-0.43%
BMY	F	-0.43%
AMZN	B	-0.42%
SCHW	A	-0.42%
CRM	D	-0.4%
VFC	F	-0.39%
OGE	A	-0.39%
ETR	A	-0.38%
AEP	A	-0.38%
CVX	A	-0.33%
NDAQ	B	-0.31%
ARCC	A	-0.3%
T	B	-0.3%
HSBC	A	-0.29%
CFG	A	-0.29%
MLM	C	-0.28%
DELL	B	-0.28%
CMCSA	F	-0.28%
DB	B	-0.28%
CP	D	-0.27%
WFC	A	-0.26%
CAT	D	-0.26%
CLX	D	-0.26%
LEN	D	-0.26%
SO	A	-0.26%
ATHS	B	-0.26%
GS	A	-0.26%
AL	A	-0.25%
C	A	-0.24%
CMS	A	-0.24%
FIS	D	-0.23%
MCHP	A	-0.22%
FITB	A	-0.22%
PPL	A	-0.22%
FOXA	B	-0.21%
NYC	F	-0.21%
CNP	A	-0.2%
SBUX	F	-0.18%
LUV	F	-0.18%
MKC	B	-0.17%
AEE	B	-0.17%
BHF	B	-0.17%
CVS	F	-0.16%
KEY	C	-0.16%
SEB	B	-0.16%
UBS	D	-0.16%
PSX	D	-0.16%
AZN	A	-0.15%
NWG	A	-0.15%
BA	D	-0.15%
ICE	C	-0.15%
MUFG	D	-0.14%
MET	B	-0.13%
DHI	D	-0.13%
AMT	D	-0.13%
CNHI	F	-0.13%
HPE	D	-0.11%
EFX	D	-0.1%
GM	A	-0.1%
VZ	C	-0.1%
MDLZ	A	-0.09%
R	A	-0.08%
HRL	A	-0.07%
ROP	D	-0.07%
DUK	A	-0.07%
COF	A	-0.06%
MS	A	-0.06%
PCAR	D	-0.05%
JPM	A	-0.03%

LABU: Top Represented Industries & Keywords

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