FMED vs. LABU ETF Comparison
Comparison of Fidelity Disruptive Medicine ETF (FMED) to Direxion Daily S&P Biotech Bull 3X Shares (LABU)
FMED
Fidelity Disruptive Medicine ETF
FMED Description
The fund normally invests at least 80% of assets in securities of disruptive medicine companies. Fidelity's disruptive strategies seek to identify innovative developments that could signal new directions for delivering products and services to customers. Generally, these companies have or are developing new or unconventional ways of doing business that could disrupt and displace incumbents over time. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$25.22
Average Daily Volume
4,761
Number of Holdings
*
52
* may have additional holdings in another (foreign) market
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
$107.60
Average Daily Volume
1,060,364
Number of Holdings
*
128
* may have additional holdings in another (foreign) market
Performance
| Period | FMED | LABU |
|---|---|---|
| 30 Days | -3.71% | -14.91% |
| 60 Days | -4.48% | -24.42% |
| 90 Days | -1.68% | -22.47% |
| 12 Months | 17.78% | 58.01% |
16 Overlapping Holdings
| Symbol | Grade | Weight in FMED | Weight in LABU | Overlap | |
|---|---|---|---|---|---|
| ACLX | C | 0.45% | 0.53% | 0.45% | |
| ALNY | D | 2.9% | 1.64% | 1.64% | |
| ANAB | F | 0.24% | 0.08% | 0.08% | |
| CRNX | B | 1.23% | 0.58% | 0.58% | |
| CYTK | D | 1.19% | 1.17% | 1.17% | |
| DAWN | D | 0.41% | 0.19% | 0.19% | |
| DNLI | D | 0.45% | 0.33% | 0.33% | |
| DYN | D | 1.13% | 0.5% | 0.5% | |
| EXAS | D | 2.72% | 1.31% | 1.31% | |
| JANX | C | 1.32% | 0.33% | 0.33% | |
| KROS | D | 1.34% | 0.25% | 0.25% | |
| NRIX | C | 0.44% | 0.25% | 0.25% | |
| NTRA | A | 0.56% | 2.02% | 0.56% | |
| PCVX | D | 1.13% | 0.6% | 0.6% | |
| REGN | F | 3.26% | 1.14% | 1.14% | |
| VRTX | D | 0.84% | 1.68% | 0.84% |
FMED Overweight 36 Positions Relative to LABU
| Symbol | Grade | Weight | |
|---|---|---|---|
| BSX | A | 6.26% | |
| UNH | B | 4.7% | |
| PODD | B | 4.44% | |
| ISRG | A | 4.42% | |
| DHR | D | 3.8% | |
| ARGX | A | 3.27% | |
| SYK | A | 2.73% | |
| PEN | B | 2.64% | |
| LFST | C | 2.41% | |
| VEEV | C | 2.18% | |
| MASI | B | 2.01% | |
| LEGN | D | 1.95% | |
| EW | C | 1.95% | |
| INSP | F | 1.92% | |
| DXCM | C | 1.88% | |
| TMO | D | 1.87% | |
| LLY | F | 1.78% | |
| PRCT | B | 1.65% | |
| ZLAB | C | 1.54% | |
| AGL | F | 1.43% | |
| GKOS | A | 1.42% | |
| RGEN | D | 1.34% | |
| PRVA | C | 1.34% | |
| RMD | C | 1.3% | |
| XENE | D | 1.17% | |
| DOCS | C | 1.14% | |
| BRKR | F | 1.12% | |
| WST | C | 1.01% | |
| TNDM | D | 1.0% | |
| PHR | F | 0.99% | |
| CNC | F | 0.98% | |
| ASND | F | 0.88% | |
| ALGN | D | 0.72% | |
| TXG | F | 0.63% | |
| IRTC | C | 0.44% | |
| BNTX | D | 0.4% |
FMED Underweight 112 Positions Relative to LABU
| Symbol | Grade | Weight | |
|---|---|---|---|
| INCY | C | -2.06% | |
| UTHR | C | -1.92% | |
| GILD | B | -1.88% | |
| NBIX | C | -1.7% | |
| INSM | C | -1.61% | |
| AMGN | D | -1.5% | |
| SRPT | F | -1.48% | |
| ABBV | F | -1.47% | |
| BIIB | F | -1.42% | |
| MDGL | C | -1.35% | |
| VKTX | F | -1.35% | |
| BMRN | F | -1.3% | |
| BPMC | C | -1.12% | |
| TGTX | B | -1.05% | |
| HALO | F | -1.0% | |
| CRSP | D | -1.0% | |
| RNA | C | -0.99% | |
| MRNA | F | -0.98% | |
| RVMD | B | -0.96% | |
| KRYS | C | -0.81% | |
| ADMA | B | -0.79% | |
| EXEL | B | -0.77% | |
| ROIV | D | -0.76% | |
| IONS | F | -0.74% | |
| ALKS | C | -0.72% | |
| BBIO | F | -0.58% | |
| APLS | F | -0.57% | |
| IOVA | F | -0.56% | |
| TWST | F | -0.54% | |
| GERN | C | -0.53% | |
| SWTX | C | -0.5% | |
| BEAM | D | -0.49% | |
| AGIO | C | -0.49% | |
| ACAD | C | -0.48% | |
| RXRX | D | -0.47% | |
| RARE | F | -0.47% | |
| IMVT | F | -0.43% | |
| PTCT | B | -0.43% | |
| FOLD | F | -0.41% | |
| VERA | C | -0.39% | |
| MIRM | B | -0.39% | |
| ARWR | D | -0.38% | |
| RYTM | C | -0.38% | |
| NUVL | D | -0.38% | |
| NTLA | F | -0.38% | |
| PTGX | D | -0.37% | |
| IDYA | F | -0.37% | |
| DVAX | C | -0.35% | |
| VCYT | B | -0.33% | |
| SRRK | B | -0.32% | |
| KYMR | D | -0.3% | |
| SNDX | F | -0.29% | |
| BCRX | D | -0.28% | |
| CGON | F | -0.28% | |
| ARDX | F | -0.28% | |
| VCEL | A | -0.28% | |
| AKRO | C | -0.27% | |
| NVAX | F | -0.27% | |
| ARQT | B | -0.27% | |
| CPRX | C | -0.26% | |
| CLDX | D | -0.23% | |
| MNKD | B | -0.22% | |
| IRON | B | -0.22% | |
| SMMT | D | -0.21% | |
| VRDN | D | -0.2% | |
| RCKT | F | -0.19% | |
| TVTX | C | -0.17% | |
| MYGN | F | -0.17% | |
| CGEM | F | -0.17% | |
| IRWD | F | -0.16% | |
| CDNA | D | -0.15% | |
| VIR | F | -0.15% | |
| XNCR | B | -0.15% | |
| KURA | F | -0.15% | |
| CDMO | A | -0.14% | |
| APLT | B | -0.14% | |
| ALT | C | -0.13% | |
| RCUS | F | -0.13% | |
| EBS | C | -0.13% | |
| HUMA | F | -0.12% | |
| ARCT | F | -0.12% | |
| COGT | D | -0.11% | |
| ETNB | D | -0.11% | |
| ANNX | F | -0.11% | |
| AVXL | B | -0.11% | |
| VERV | D | -0.11% | |
| SPRY | C | -0.11% | |
| STOK | D | -0.11% | |
| REPL | C | -0.11% | |
| IMNM | F | -0.1% | |
| PRTA | F | -0.1% | |
| RLAY | F | -0.1% | |
| MDXG | B | -0.1% | |
| RGNX | D | -0.09% | |
| OLMA | F | -0.09% | |
| ALLO | F | -0.08% | |
| OCGN | F | -0.08% | |
| CELC | F | -0.08% | |
| SAGE | F | -0.08% | |
| SANA | F | -0.08% | |
| ERAS | C | -0.07% | |
| CCCC | F | -0.07% | |
| FDMT | F | -0.07% | |
| ORIC | F | -0.06% | |
| SCLX | F | -0.05% | |
| SVRA | F | -0.05% | |
| ALEC | F | -0.04% | |
| YMAB | F | -0.04% | |
| ABUS | D | -0.04% | |
| ITOS | F | -0.04% | |
| KALV | F | -0.04% | |
| FATE | F | -0.04% |
FMED: Top Represented Industries & Keywords
LABU: Top Represented Industries & Keywords
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