LABD vs. IBBQ ETF Comparison
Comparison of Direxion Daily S&P Biotech Bear 3X Shares (LABD) to Invesco Nasdaq Biotechnology ETF (IBBQ)
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
IBBQ
Invesco Nasdaq Biotechnology ETF
IBBQ Description
The investment seeks to track the investment results (before fees and expenses) of the Nasdaq Biotechnology Index ®. The fund generally will invest at least 90% of its total assets in the securities that comprise the index. Strictly in accordance with its guidelines and mandated procedures, Nasdaq compiles the underlying index, which is a modified market capitalization weighted index that is designed to measure the performance of securities listed on the Nasdaq Stock Market that are classified as either biotechnology or pharmaceutical companies. The index may include securities of large-, mid- and small-capitalization companies. The fund is non-diversified.Grade (RS Rating)
Last Trade
$23.54
Average Daily Volume
21,141
Number of Holdings
*
196
* may have additional holdings in another (foreign) market
Performance
| Period | LABD | IBBQ |
|---|---|---|
| 30 Days | -3.36% | -0.51% |
| 60 Days | 6.17% | -3.80% |
| 90 Days | -9.66% | -0.38% |
| 12 Months | -75.44% | 24.48% |
53 Overlapping Holdings
| Symbol | Grade | Weight in LABD | Weight in IBBQ | Overlap | |
|---|---|---|---|---|---|
| ACAD | F | 1.68% | 0.24% | 0.24% | |
| AGIO | B | 1.37% | 0.26% | 0.26% | |
| ALEC | D | 0.25% | 0.05% | 0.05% | |
| ALKS | F | 1.21% | 0.45% | 0.45% | |
| ALLO | D | 0.54% | 0.05% | 0.05% | |
| ALNY | C | 1.73% | 3.8% | 1.73% | |
| AMGN | C | 1.75% | 7.87% | 1.75% | |
| ANAB | F | 0.53% | 0.1% | 0.1% | |
| APLS | F | 1.24% | 0.34% | 0.34% | |
| ARWR | F | 1.45% | 0.25% | 0.25% | |
| BBIO | D | 0.29% | 0.46% | 0.29% | |
| BIIB | F | 1.65% | 2.7% | 1.65% | |
| BLUE | F | 1.87% | 0.01% | 0.01% | |
| BMRN | F | 1.89% | 1.35% | 1.35% | |
| BPMC | C | 1.61% | 0.53% | 0.53% | |
| CHRS | F | 0.99% | 0.01% | 0.01% | |
| CYTK | F | 0.25% | 0.62% | 0.25% | |
| DNLI | C | 0.28% | 0.38% | 0.28% | |
| DVAX | A | 0.24% | 0.14% | 0.14% | |
| EDIT | F | 0.66% | 0.03% | 0.03% | |
| EXEL | A | 1.91% | 0.81% | 0.81% | |
| FOLD | B | 1.38% | 0.35% | 0.35% | |
| GILD | A | 1.64% | 9.35% | 1.64% | |
| HALO | B | 0.71% | 0.63% | 0.63% | |
| INCY | A | 1.51% | 1.27% | 1.27% | |
| INSM | D | 0.81% | 1.24% | 0.81% | |
| IONS | F | 1.64% | 0.57% | 0.57% | |
| IOVA | B | 1.07% | 0.32% | 0.32% | |
| IRWD | F | 0.75% | 0.06% | 0.06% | |
| KRYS | C | 0.28% | 0.51% | 0.28% | |
| LGND | A | 1.46% | 0.2% | 0.2% | |
| MDGL | A | 0.59% | 0.44% | 0.44% | |
| MGNX | C | 0.25% | 0.02% | 0.02% | |
| MRNA | F | 1.47% | 2.05% | 1.47% | |
| MYGN | F | 1.08% | 0.2% | 0.2% | |
| NBIX | C | 1.62% | 1.18% | 1.18% | |
| NTLA | F | 0.29% | 0.16% | 0.16% | |
| PGEN | F | 0.29% | 0.03% | 0.03% | |
| PTCT | B | 1.4% | 0.32% | 0.32% | |
| RARE | D | 1.49% | 0.51% | 0.51% | |
| REGN | F | 1.77% | 6.52% | 1.77% | |
| RGNX | F | 1.05% | 0.05% | 0.05% | |
| SAGE | F | 1.8% | 0.05% | 0.05% | |
| SRPT | D | 1.66% | 1.27% | 1.27% | |
| TVTX | B | 0.33% | 0.14% | 0.14% | |
| UTHR | A | 1.78% | 1.57% | 1.57% | |
| VCEL | D | 0.34% | 0.21% | 0.21% | |
| VCYT | A | 0.72% | 0.25% | 0.25% | |
| VNDA | D | 0.35% | 0.03% | 0.03% | |
| VRTX | D | 1.84% | 7.92% | 1.84% | |
| VYGR | C | 0.26% | 0.04% | 0.04% | |
| XNCR | A | 0.49% | 0.13% | 0.13% | |
| YMAB | A | 0.24% | 0.07% | 0.07% |
LABD Overweight 26 Positions Relative to IBBQ
| Symbol | Grade | Weight | |
|---|---|---|---|
| EXAS | A | 1.73% | |
| ABBV | A | 1.72% | |
| BHVN | B | 1.42% | |
| NTRA | B | 1.08% | |
| FGEN | F | 1.05% | |
| EBS | B | 0.96% | |
| CDNA | D | 0.93% | |
| HRTX | F | 0.84% | |
| KPTI | C | 0.79% | |
| ESPR | C | 0.79% | |
| ALLK | B | 0.76% | |
| FATE | F | 0.67% | |
| PBYI | C | 0.65% | |
| TGTX | A | 0.55% | |
| ADVM | D | 0.55% | |
| CPRX | A | 0.53% | |
| 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% | |
| OPK | C | 0.35% | |
| KOD | B | 0.29% | |
| GOSS | F | 0.27% |
LABD Underweight 143 Positions Relative to IBBQ
| Symbol | Grade | Weight | |
|---|---|---|---|
| AZN | F | -4.46% | |
| ILMN | A | -2.27% | |
| ARGX | A | -1.79% | |
| SNY | D | -1.53% | |
| SMMT | C | -1.42% | |
| VTRS | B | -1.38% | |
| PCVX | C | -1.26% | |
| RPRX | D | -1.23% | |
| BNTX | B | -1.1% | |
| MEDP | F | -1.02% | |
| BGNE | C | -0.95% | |
| ROIV | D | -0.88% | |
| ITCI | A | -0.81% | |
| RVMD | A | -0.8% | |
| ASND | F | -0.76% | |
| JAZZ | D | -0.67% | |
| NUVL | D | -0.56% | |
| RNA | C | -0.53% | |
| ACLX | B | -0.47% | |
| CRNX | B | -0.47% | |
| IMVT | F | -0.45% | |
| AXSM | C | -0.43% | |
| CRSP | C | -0.41% | |
| ADMA | B | -0.38% | |
| MRUS | C | -0.36% | |
| LEGN | F | -0.36% | |
| EWTX | B | -0.33% | |
| DYN | F | -0.32% | |
| KYMR | C | -0.32% | |
| XENE | C | -0.32% | |
| RYTM | D | -0.31% | |
| PTGX | B | -0.28% | |
| JANX | A | -0.28% | |
| IDYA | F | -0.25% | |
| VRNA | A | -0.25% | |
| GH | D | -0.25% | |
| TWST | F | -0.24% | |
| GERN | C | -0.24% | |
| AMPH | A | -0.24% | |
| KROS | A | -0.23% | |
| SRRK | B | -0.23% | |
| SWTX | D | -0.22% | |
| VERA | A | -0.22% | |
| AKRO | A | -0.2% | |
| ARVN | C | -0.19% | |
| WVE | B | -0.19% | |
| SUPN | B | -0.19% | |
| MIRM | B | -0.19% | |
| HROW | C | -0.19% | |
| HRMY | D | -0.19% | |
| RXRX | F | -0.18% | |
| MNKD | A | -0.18% | |
| NVCR | F | -0.18% | |
| BEAM | F | -0.18% | |
| ZLAB | B | -0.17% | |
| BCRX | A | -0.17% | |
| OCUL | B | -0.17% | |
| FTRE | F | -0.16% | |
| RCKT | F | -0.16% | |
| NVAX | F | -0.16% | |
| SNDX | F | -0.16% | |
| NRIX | B | -0.16% | |
| DAWN | A | -0.15% | |
| TARS | A | -0.15% | |
| SPRY | B | -0.15% | |
| KURA | F | -0.14% | |
| IRON | D | -0.14% | |
| ELVN | B | -0.14% | |
| ARDX | D | -0.14% | |
| INVA | C | -0.13% | |
| ANIP | F | -0.13% | |
| IMCR | F | -0.13% | |
| COGT | B | -0.13% | |
| GRFS | B | -0.11% | |
| CNTA | A | -0.11% | |
| PHAT | B | -0.11% | |
| COLL | F | -0.11% | |
| GMAB | F | -0.1% | |
| ARQT | D | -0.1% | |
| EOLS | A | -0.1% | |
| VIR | B | -0.1% | |
| AUPH | A | -0.1% | |
| MRVI | F | -0.1% | |
| SANA | F | -0.09% | |
| PRTA | F | -0.09% | |
| CSTL | A | -0.09% | |
| AUTL | D | -0.09% | |
| PETQ | A | -0.09% | |
| CGEM | F | -0.09% | |
| BCYC | D | -0.09% | |
| ABUS | D | -0.08% | |
| PCRX | C | -0.08% | |
| ABCL | C | -0.08% | |
| REPL | B | -0.08% | |
| ETNB | D | -0.08% | |
| RLAY | F | -0.08% | |
| PLRX | A | -0.08% | |
| LXRX | D | -0.07% | |
| ADPT | A | -0.07% | |
| OLMA | F | -0.07% | |
| MLYS | B | -0.07% | |
| HUMA | D | -0.07% | |
| ERAS | C | -0.07% | |
| SVRA | D | -0.06% | |
| RVNC | C | -0.06% | |
| ORIC | D | -0.06% | |
| GLPG | F | -0.06% | |
| CVAC | F | -0.06% | |
| HCM | C | -0.06% | |
| OABI | D | -0.05% | |
| MGTX | B | -0.05% | |
| AVXL | A | -0.05% | |
| PACB | C | -0.05% | |
| SIGA | D | -0.05% | |
| TERN | D | -0.05% | |
| PAHC | B | -0.05% | |
| XERS | A | -0.05% | |
| VERV | C | -0.05% | |
| PRME | C | -0.05% | |
| URGN | F | -0.05% | |
| EYPT | C | -0.05% | |
| ARCT | F | -0.05% | |
| KALV | D | -0.05% | |
| THRD | A | -0.05% | |
| TSHA | F | -0.04% | |
| BMEA | D | -0.04% | |
| TBPH | C | -0.04% | |
| FDMT | F | -0.04% | |
| LYEL | F | -0.03% | |
| ACIU | F | -0.03% | |
| ITOS | F | -0.03% | |
| QURE | B | -0.03% | |
| VTYX | F | -0.02% | |
| CRBU | D | -0.02% | |
| CABA | F | -0.02% | |
| ATAI | F | -0.02% | |
| FULC | F | -0.02% | |
| ZNTL | D | -0.02% | |
| AMRN | F | -0.02% | |
| RAPT | D | -0.01% | |
| ALXO | F | -0.01% | |
| OVID | D | -0.01% | |
| ACRS | B | -0.01% |
LABD: Top Represented Industries & Keywords
IBBQ: Top Represented Industries & Keywords
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