FBT vs. LABU ETF Comparison
Comparison of First Trust Amex Biotech Index Fund (FBT) to Direxion Daily S&P Biotech Bull 3X Shares (LABU)
FBT
First Trust Amex Biotech Index Fund
FBT Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NYSE Arca Biotechnology Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is an equal-dollar weighted index designed to measure the performance of a cross section of companies in the biotechnology industry that are primarily involved in the use of biological processes to develop products or provide services. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$153.08
Average Daily Volume
24,008
30
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
$109.68
Average Daily Volume
1,799,978
125
Performance
Period | FBT | LABU |
---|---|---|
30 Days | -0.32% | -9.12% |
60 Days | 3.13% | -0.71% |
90 Days | 1.33% | -2.68% |
12 Months | 1.59% | -1.57% |
19 Overlapping Holdings
Symbol | Grade | Weight in FBT | Weight in LABU | Overlap | |
---|---|---|---|---|---|
ACAD | C | 3.01% | 0.45% | 0.45% | |
ALKS | C | 3.14% | 0.67% | 0.67% | |
ALNY | A | 5.25% | 1.88% | 1.88% | |
AMGN | B | 3.7% | 1.84% | 1.84% | |
BEAM | D | 2.92% | 0.39% | 0.39% | |
BIIB | C | 3.64% | 1.7% | 1.7% | |
BMRN | C | 2.86% | 1.79% | 1.79% | |
CPRX | D | 3.12% | 0.26% | 0.26% | |
EXAS | D | 1.97% | 1.85% | 1.85% | |
EXEL | C | 3.12% | 0.74% | 0.74% | |
GILD | C | 3.19% | 1.87% | 1.87% | |
HALO | B | 4.22% | 0.64% | 0.64% | |
INCY | D | 3.59% | 1.65% | 1.65% | |
MRNA | D | 3.64% | 1.53% | 1.53% | |
NBIX | C | 3.15% | 1.55% | 1.55% | |
NTRA | B | 3.67% | 1.73% | 1.73% | |
REGN | B | 3.67% | 1.81% | 1.81% | |
UTHR | B | 4.3% | 1.94% | 1.94% | |
VRTX | B | 3.76% | 1.73% | 1.73% |
FBT Underweight 106 Positions Relative to LABU
Symbol | Grade | Weight | |
---|---|---|---|
SRPT | C | -2.14% | |
ABBV | C | -1.78% | |
VKTX | D | -1.51% | |
CYTK | D | -1.28% | |
CRSP | F | -0.98% | |
MDGL | C | -0.95% | |
APLS | F | -0.93% | |
BPMC | A | -0.93% | |
IONS | B | -0.76% | |
INSM | A | -0.73% | |
KRYS | B | -0.72% | |
RVMD | D | -0.68% | |
CERE | C | -0.68% | |
PCVX | B | -0.67% | |
BBIO | D | -0.61% | |
TGTX | B | -0.57% | |
SWTX | F | -0.53% | |
IOVA | F | -0.52% | |
NUVL | C | -0.48% | |
RARE | D | -0.48% | |
DYN | B | -0.47% | |
CRNX | D | -0.45% | |
NTLA | F | -0.45% | |
TWST | B | -0.45% | |
ACLX | C | -0.44% | |
FOLD | C | -0.42% | |
GERN | B | -0.41% | |
CLDX | F | -0.41% | |
RNA | C | -0.41% | |
IDYA | F | -0.4% | |
VERA | C | -0.39% | |
ARDX | F | -0.37% | |
ARWR | C | -0.36% | |
IMVT | D | -0.35% | |
NVAX | C | -0.33% | |
DVAX | D | -0.33% | |
RXRX | F | -0.33% | |
PTCT | D | -0.33% | |
SNDX | C | -0.33% | |
AGIO | C | -0.32% | |
DNLI | C | -0.32% | |
VCEL | C | -0.29% | |
ADMA | B | -0.29% | |
JANX | D | -0.29% | |
NRIX | C | -0.27% | |
BCRX | B | -0.27% | |
RYTM | B | -0.27% | |
KYMR | D | -0.26% | |
AKRO | C | -0.26% | |
KROS | F | -0.25% | |
RCKT | F | -0.24% | |
KURA | D | -0.24% | |
PTGX | B | -0.23% | |
ARQT | B | -0.23% | |
MORF | C | -0.23% | |
VCYT | C | -0.23% | |
MYGN | B | -0.22% | |
IRWD | F | -0.22% | |
MIRM | B | -0.21% | |
FDMT | D | -0.19% | |
DAWN | D | -0.19% | |
XNCR | F | -0.18% | |
ARCT | F | -0.18% | |
PRTA | F | -0.18% | |
VRDN | F | -0.17% | |
SANA | F | -0.17% | |
MNKD | C | -0.17% | |
CGEM | D | -0.16% | |
CGON | D | -0.15% | |
RCUS | F | -0.14% | |
COGT | C | -0.14% | |
TVTX | C | -0.14% | |
VIR | F | -0.13% | |
SAGE | F | -0.13% | |
ALT | F | -0.13% | |
IMNM | F | -0.13% | |
CDNA | B | -0.12% | |
SMMT | C | -0.12% | |
CDMO | D | -0.12% | |
KNSA | C | -0.11% | |
OLMA | D | -0.11% | |
RGNX | F | -0.11% | |
ANAB | B | -0.11% | |
RLAY | F | -0.11% | |
OCGN | C | -0.1% | |
STOK | D | -0.1% | |
EDIT | F | -0.1% | |
IRON | C | -0.1% | |
SRRK | F | -0.1% | |
ETNB | F | -0.1% | |
MDXG | F | -0.09% | |
ALLO | F | -0.09% | |
FATE | F | -0.08% | |
AVXL | C | -0.08% | |
HRTX | D | -0.08% | |
CCCC | F | -0.08% | |
SPRY | C | -0.07% | |
VYGR | F | -0.07% | |
ZNTL | F | -0.07% | |
VERV | F | -0.07% | |
CABA | F | -0.07% | |
ORIC | D | -0.07% | |
SVRA | C | -0.05% | |
HUMA | D | -0.05% | |
ITOS | D | -0.05% | |
ALEC | F | -0.04% |
FBT: Top Represented Industries & Keywords
LABU: Top Represented Industries & Keywords