PINK vs. LABD ETF Comparison
Comparison of Simplify Health Care ETF (PINK) to Direxion Daily S&P Biotech Bear 3X Shares (LABD)
PINK
Simplify Health Care ETF
PINK Description
Simplify Exchange Traded Funds - Simplify Health Care ETF seeks long-term capital appreciation. Under normal circumstances, the fund will invest at least 80% of its assets (plus any borrowings for investment purposes) in securities of U.S. health care companies. The fund adviser defines health care companies as companies included in the Global Industry Classification Standard health care sector. The fund will typically invest in 50 – 100 health care companies. The adviser generally seeks investments in companies that are developing new and effective medicines, as well as companies whose business models reduce costs or improve quality in health care systems.
Grade (RS Rating)
Last Trade
$30.05
Average Daily Volume
95,577
42
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
$7.61
Average Daily Volume
14,605,808
80
Performance
| Period | PINK | LABD |
|---|---|---|
| 30 Days | 0.30% | -10.24% |
| 60 Days | -0.54% | 9.40% |
| 90 Days | 1.36% | -6.35% |
| 12 Months | 15.57% | -34.10% |
PINK Overweight 36 Positions Relative to LABD
| Symbol | Grade | Weight | |
|---|---|---|---|
| ISRG | D | 9.49% | |
| CI | D | 6.48% | |
| PCT | D | 4.87% | |
| ALGN | F | 4.64% | |
| MRK | C | 4.62% | |
| LLY | C | 4.6% | |
| SWAV | A | 3.58% | |
| TMO | B | 3.53% | |
| RPRX | F | 3.31% | |
| BSX | B | 3.14% | |
| JNJ | D | 2.82% | |
| ZBH | D | 2.5% | |
| AVTR | C | 2.06% | |
| ELV | B | 2.0% | |
| MMM | B | 1.91% | |
| PODD | D | 1.89% | |
| FULC | D | 1.46% | |
| SYK | D | 1.34% | |
| IDXX | C | 1.12% | |
| MASI | D | 1.06% | |
| ESTA | C | 0.95% | |
| ABT | F | 0.71% | |
| UNH | B | 0.69% | |
| AKRO | F | 0.62% | |
| TECH | B | 0.47% | |
| SNDX | D | 0.44% | |
| THC | A | 0.36% | |
| HCA | D | 0.35% | |
| LIVN | C | 0.35% | |
| VEEV | D | 0.33% | |
| DHR | A | 0.23% | |
| HSIC | D | 0.2% | |
| HUM | D | 0.05% | |
| VLTO | A | 0.03% | |
| BMY | F | 0.02% | |
| EMBC | D | 0.01% |
PINK Underweight 74 Positions Relative to LABD
| Symbol | Grade | Weight | |
|---|---|---|---|
| EXEL | F | -1.91% | |
| BMRN | F | -1.89% | |
| BLUE | F | -1.87% | |
| VRTX | B | -1.84% | |
| SAGE | F | -1.8% | |
| UTHR | A | -1.78% | |
| AMGN | B | -1.75% | |
| ALNY | F | -1.73% | |
| ACAD | F | -1.68% | |
| BIIB | C | -1.65% | |
| IONS | F | -1.64% | |
| GILD | F | -1.64% | |
| NBIX | C | -1.62% | |
| BPMC | C | -1.61% | |
| INCY | D | -1.51% | |
| MRNA | C | -1.47% | |
| LGND | B | -1.46% | |
| ARWR | F | -1.45% | |
| BHVN | D | -1.42% | |
| PTCT | C | -1.4% | |
| FOLD | F | -1.38% | |
| AGIO | B | -1.37% | |
| APLS | F | -1.24% | |
| ALKS | F | -1.21% | |
| MYGN | B | -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 | B | -0.93% | |
| HRTX | C | -0.84% | |
| INSM | F | -0.81% | |
| KPTI | F | -0.79% | |
| ESPR | D | -0.79% | |
| ALLK | F | -0.76% | |
| IRWD | F | -0.75% | |
| VCYT | C | -0.72% | |
| HALO | B | -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 | C | -0.53% | |
| ANAB | C | -0.53% | |
| XNCR | D | -0.49% | |
| SGMO | F | -0.48% | |
| ENTA | F | -0.47% | |
| EGRX | F | -0.42% | |
| GTHX | C | -0.42% | |
| ATRA | F | -0.41% | |
| VKTX | D | -0.38% | |
| ANIK | D | -0.37% | |
| VNDA | C | -0.35% | |
| OPK | D | -0.35% | |
| VCEL | B | -0.34% | |
| TVTX | F | -0.33% | |
| KOD | D | -0.29% | |
| BBIO | C | -0.29% | |
| NTLA | D | -0.29% | |
| PGEN | D | -0.29% | |
| DNLI | D | -0.28% | |
| KRYS | D | -0.28% | |
| GOSS | F | -0.27% | |
| VYGR | D | -0.26% | |
| MGNX | F | -0.25% | |
| ALEC | F | -0.25% | |
| CYTK | D | -0.25% | |
| DVAX | F | -0.24% | |
| YMAB | D | -0.24% |
PINK: Top Represented Industries & Keywords
LABD: Top Represented Industries & Keywords
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