PSIL vs. LABD ETF Comparison

Comparison of AdvisorShares Psychedelics ETF (PSIL) to Direxion Daily S&P Biotech Bear 3X Shares (LABD)
PSIL

AdvisorShares Psychedelics ETF

PSIL Description

AdvisorShares Trust - AdvisorShares Psychedelics ETF is an exchange traded fund launched and managed by AdvisorShares Investments, LLC. The fund invests in public equity markets of global region. It invests directly and through derivatives in stocks of companies operating across healthcare, pharmaceuticals, biotechnology and life sciences companies focused on plant-based psychedelic medicines as well as other companies with business activities in the psychedelics industry sectors. The fund uses derivatives such as swaps to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization. The investment seeks long-term capital appreciation. AdvisorShares Trust - AdvisorShares Psychedelics ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$12.13

Average Daily Volume

30,099

Number of Holdings *

8

* may have additional holdings in another (foreign) market
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

$5.76

Average Daily Volume

15,699,334

Number of Holdings *

79

* may have additional holdings in another (foreign) market
Performance
Period PSIL LABD
30 Days 66.86% -3.36%
60 Days 38.95% 6.17%
90 Days 20.56% -9.66%
12 Months -15.77% -75.44%
2 Overlapping Holdings
Symbol Grade Weight in PSIL Weight in LABD Overlap
ALKS F 4.61% 1.21% 1.21%
SAGE F 5.24% 1.8% 1.8%
PSIL Overweight 6 Positions Relative to LABD
Symbol Grade Weight
MNMD C 7.8%
RLMD C 5.06%
GHRS D 4.7%
CMPS F 4.59%
ATAI F 4.48%
ITCI A 3.89%
PSIL Underweight 77 Positions Relative to LABD
Symbol Grade Weight
EXEL A -1.91%
BMRN F -1.89%
BLUE F -1.87%
VRTX D -1.84%
UTHR A -1.78%
REGN F -1.77%
AMGN C -1.75%
ALNY C -1.73%
EXAS A -1.73%
ABBV A -1.72%
ACAD F -1.68%
SRPT D -1.66%
BIIB F -1.65%
IONS F -1.64%
GILD A -1.64%
NBIX C -1.62%
BPMC C -1.61%
INCY A -1.51%
RARE D -1.49%
MRNA F -1.47%
LGND A -1.46%
ARWR F -1.45%
BHVN B -1.42%
PTCT B -1.4%
FOLD B -1.38%
AGIO B -1.37%
APLS F -1.24%
MYGN F -1.08%
NTRA B -1.08%
IOVA B -1.07%
FGEN F -1.05%
RGNX F -1.05%
CHRS F -0.99%
EBS B -0.96%
CDNA D -0.93%
HRTX F -0.84%
INSM D -0.81%
KPTI C -0.79%
ESPR C -0.79%
ALLK B -0.76%
IRWD F -0.75%
VCYT A -0.72%
HALO B -0.71%
FATE F -0.67%
EDIT F -0.66%
PBYI C -0.65%
MDGL A -0.59%
TGTX A -0.55%
ADVM D -0.55%
ALLO D -0.54%
CPRX A -0.53%
ANAB F -0.53%
XNCR A -0.49%
SGMO A -0.48%
ENTA D -0.47%
EGRX F -0.42%
GTHX A -0.42%
ATRA C -0.41%
VKTX A -0.38%
ANIK F -0.37%
VNDA D -0.35%
OPK C -0.35%
VCEL D -0.34%
TVTX B -0.33%
KOD B -0.29%
BBIO D -0.29%
NTLA F -0.29%
PGEN F -0.29%
DNLI C -0.28%
KRYS C -0.28%
GOSS F -0.27%
VYGR C -0.26%
MGNX C -0.25%
ALEC D -0.25%
CYTK F -0.25%
DVAX A -0.24%
YMAB A -0.24%
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