LABD vs. PEY ETF Comparison

Comparison of Direxion Daily S&P Biotech Bear 3X Shares (LABD) to PowerShares High Yield Dividend Achievers (PEY)
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

Number of Holdings *

80

* may have additional holdings in another (foreign) market
PEY

PowerShares High Yield Dividend Achievers

PEY Description The PowerShares High Yield Equity Dividend Achievers Portfolio (Fund) is based on the NASDAQ US Dividend AchieversTM 50 Index (Index). The Fund will normally invest at least 90% of its total assets in dividend paying common stocks that comprise the Index. The Index is comprised of 50 stocks selected principally on the basis of dividend yield and consistent growth in dividends. The Fund and the Index are reconstituted annually in January and rebalanced quarterly in January, April, July and October. Effective December 28, 2012, the NADAQ OMX Group, Inc., replaced Mergent, Inc., as the Index Provider of the Index. Effective February 25, 2013, the name of the Index changed from Mergent Dividend Achievers 50 Index to NASDAQ Dividend Achievers 50 Index. There will be no change to the methodology by which NASDAQ OMX Group, Inc., the Index Provider, calculates the Index. Please see the Fund’s prospectus supplement for more information. On February 25, 2013, NASDAQ took the place of the NYSE as the official Index data source.

Grade (RS Rating)

Last Trade

$19.40

Average Daily Volume

207,803

Number of Holdings *

49

* may have additional holdings in another (foreign) market
Performance
Period LABD PEY
30 Days 8.10% -2.69%
60 Days -5.71% -3.16%
90 Days -9.06% -2.58%
12 Months -48.12% 7.02%
0 Overlapping Holdings
Symbol Grade Weight in LABD Weight in PEY Overlap
LABD Overweight 80 Positions Relative to PEY
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 49 Positions Relative to PEY
Symbol Grade Weight
WBA F -3.74%
MO A -3.61%
FIBK B -3.03%
UVV D -2.87%
VZ B -2.76%
BMY F -2.53%
CCOI D -2.47%
PFE C -2.38%
KEY C -2.31%
TFC B -2.31%
UGI D -2.28%
PM B -2.2%
BEN F -2.14%
WSBC D -2.14%
NWN F -2.11%
LYB D -2.08%
USB D -2.01%
NWE D -2.01%
SR C -2.0%
UPS D -2.0%
AVA D -1.99%
RF B -1.99%
ES C -1.94%
MMM B -1.94%
EVRG D -1.93%
OGE C -1.92%
UBSI D -1.88%
ALE C -1.87%
BBY C -1.86%
BKH D -1.84%
PNW C -1.83%
PRU B -1.78%
TROW C -1.77%
POR D -1.75%
INDB D -1.74%
IBM B -1.66%
FLO D -1.65%
PNC C -1.63%
CVX D -1.6%
PRGO F -1.6%
IPG F -1.6%
KMB B -1.6%
MAN D -1.58%
K D -1.51%
SWK D -1.49%
TRN D -1.39%
EMN D -1.32%
HPQ C -1.22%
SON F -1.21%
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