LABD vs. IZRL ETF Comparison
Comparison of Direxion Daily S&P Biotech Bear 3X Shares (LABD) to ARK Israel Innovative Technology ETF (IZRL)
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
$7.58
Average Daily Volume
12,913,077
80
IZRL
ARK Israel Innovative Technology ETF
IZRL Description
The ARK Israel Innovative Technology ETF (IZRL) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the ARK Israeli Innovation Index, which is designed to track the price movements of exchange-listed Israeli companies whose main business operations are causing disruptive innovation in the areas of genomics, health care, biotechnology, industrials, manufacturing, the Internet or information technology. The Index includes equity securities and depositary receipts of exchange listed companies that are incorporated and/or domiciled in Israel (‘‘Israeli Companies’’) and are included in one of the following economic sectors as defined by FactSet Research Systems: (i) health technology, (ii) communications, (iii) technology services, (iv) electronic technology, (v) consumer services, or (vi) producer manufacturing.Grade (RS Rating)
Last Trade
$19.94
Average Daily Volume
13,925
23
Performance
Period | LABD | IZRL |
---|---|---|
30 Days | 8.10% | -0.35% |
60 Days | -5.71% | 0.45% |
90 Days | -9.06% | -4.27% |
12 Months | -48.12% | 7.96% |
0 Overlapping Holdings
Symbol | Grade | Weight in LABD | Weight in IZRL | Overlap |
---|
LABD Overweight 80 Positions Relative to IZRL
Symbol | Grade | Weight | |
---|---|---|---|
EXEL | C | 1.91% | |
BMRN | C | 1.89% | |
BLUE | F | 1.87% | |
VRTX | B | 1.84% | |
SAGE | F | 1.8% | |
UTHR | B | 1.78% | |
REGN | B | 1.77% | |
AMGN | B | 1.75% | |
ALNY | A | 1.73% | |
EXAS | D | 1.73% | |
ABBV | C | 1.72% | |
ACAD | C | 1.68% | |
SRPT | C | 1.66% | |
BIIB | C | 1.65% | |
IONS | B | 1.64% | |
GILD | C | 1.64% | |
NBIX | C | 1.62% | |
BPMC | A | 1.61% | |
INCY | D | 1.51% | |
RARE | D | 1.49% | |
MRNA | D | 1.47% | |
LGND | B | 1.46% | |
ARWR | C | 1.45% | |
BHVN | F | 1.42% | |
PTCT | D | 1.4% | |
FOLD | C | 1.38% | |
AGIO | C | 1.37% | |
APLS | F | 1.24% | |
ALKS | C | 1.21% | |
MYGN | B | 1.08% | |
NTRA | B | 1.08% | |
IOVA | F | 1.07% | |
FGEN | F | 1.05% | |
RGNX | F | 1.05% | |
DCPH | A | 1.01% | |
CHRS | F | 0.99% | |
EBS | B | 0.96% | |
CDNA | B | 0.93% | |
HRTX | D | 0.84% | |
INSM | A | 0.81% | |
KPTI | F | 0.79% | |
ESPR | C | 0.79% | |
ALLK | F | 0.76% | |
IRWD | F | 0.75% | |
VCYT | C | 0.72% | |
HALO | B | 0.71% | |
FATE | F | 0.67% | |
EDIT | F | 0.66% | |
PBYI | F | 0.65% | |
MDGL | C | 0.59% | |
TGTX | B | 0.55% | |
ADVM | F | 0.55% | |
ALLO | F | 0.54% | |
CPRX | D | 0.53% | |
ANAB | B | 0.53% | |
XNCR | F | 0.49% | |
SGMO | F | 0.48% | |
ENTA | C | 0.47% | |
EGRX | C | 0.42% | |
GTHX | F | 0.42% | |
ATRA | F | 0.41% | |
VKTX | D | 0.38% | |
ANIK | D | 0.37% | |
VNDA | C | 0.35% | |
OPK | D | 0.35% | |
VCEL | C | 0.34% | |
TVTX | C | 0.33% | |
KOD | F | 0.29% | |
BBIO | D | 0.29% | |
NTLA | F | 0.29% | |
PGEN | C | 0.29% | |
DNLI | C | 0.28% | |
KRYS | B | 0.28% | |
GOSS | C | 0.27% | |
VYGR | F | 0.26% | |
MGNX | F | 0.25% | |
ALEC | F | 0.25% | |
CYTK | D | 0.25% | |
DVAX | D | 0.24% | |
YMAB | D | 0.24% |
LABD Underweight 23 Positions Relative to IZRL
Symbol | Grade | Weight | |
---|---|---|---|
WKME | B | -3.75% | |
WIX | C | -2.77% | |
RSKD | B | -2.77% | |
TEVA | C | -2.72% | |
MNDY | A | -2.66% | |
URGN | C | -2.58% | |
FVRR | C | -2.53% | |
CGNT | B | -2.52% | |
CLBT | B | -2.43% | |
PLTK | F | -2.41% | |
CYBR | B | -2.37% | |
SPNS | A | -2.36% | |
RDWR | C | -2.32% | |
SMWB | D | -2.14% | |
INMD | F | -2.14% | |
CHKP | A | -2.12% | |
ITRN | D | -2.12% | |
AUDC | C | -2.05% | |
FROG | B | -2.03% | |
MGIC | C | -1.83% | |
SSYS | F | -1.81% | |
NNOX | F | -1.57% | |
NICE | D | -1.51% |
LABD: Top Represented Industries & Keywords
IZRL: Top Represented Industries & Keywords