LABD vs. QQQS ETF Comparison
Comparison of Direxion Daily S&P Biotech Bear 3X Shares (LABD) to Invesco NASDAQ Future Gen 200 ETF (QQQS)
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
$5.96
Average Daily Volume
16,665,973
79
QQQS
Invesco NASDAQ Future Gen 200 ETF
QQQS Description
The fund generally will invest at least 90% of its total assets in the securities that comprise the index. The index excludes securities of issuers included in the Nasdaq-100 Index® (an index that measures the performance of 100 of the largest Nasdaq-listed non-financial companies by market capitalization) and the Nasdaq Next Generation 100 Index® (an index that measures the performance of the 100 largest Nasdaq-listed companies outside of the NASDAQ-100 Index® based on market capitalization). The fund is non-diversified.Grade (RS Rating)
Last Trade
$26.62
Average Daily Volume
4,149
10
Performance
Period | LABD | QQQS |
---|---|---|
30 Days | 9.85% | -1.83% |
60 Days | -6.52% | 3.65% |
90 Days | -22.52% | 8.52% |
12 Months | -72.86% | 18.45% |
1 Overlapping Holdings
Symbol | Grade | Weight in LABD | Weight in QQQS | Overlap | |
---|---|---|---|---|---|
GTHX | B | 0.42% | 1.04% | 0.42% |
LABD Overweight 78 Positions Relative to QQQS
Symbol | Grade | Weight | |
---|---|---|---|
EXEL | B | 1.91% | |
BMRN | F | 1.89% | |
BLUE | F | 1.87% | |
VRTX | D | 1.84% | |
SAGE | F | 1.8% | |
UTHR | C | 1.78% | |
REGN | D | 1.77% | |
AMGN | D | 1.75% | |
ALNY | C | 1.73% | |
EXAS | C | 1.73% | |
ABBV | A | 1.72% | |
ACAD | F | 1.68% | |
SRPT | F | 1.66% | |
BIIB | F | 1.65% | |
IONS | F | 1.64% | |
GILD | A | 1.64% | |
NBIX | F | 1.62% | |
BPMC | F | 1.61% | |
INCY | B | 1.51% | |
RARE | C | 1.49% | |
MRNA | F | 1.47% | |
LGND | D | 1.46% | |
ARWR | F | 1.45% | |
BHVN | B | 1.42% | |
PTCT | C | 1.4% | |
FOLD | F | 1.38% | |
AGIO | D | 1.37% | |
APLS | F | 1.24% | |
ALKS | B | 1.21% | |
MYGN | D | 1.08% | |
NTRA | A | 1.08% | |
IOVA | F | 1.07% | |
FGEN | F | 1.05% | |
RGNX | F | 1.05% | |
CHRS | F | 0.99% | |
EBS | D | 0.96% | |
CDNA | B | 0.93% | |
HRTX | F | 0.84% | |
INSM | D | 0.81% | |
KPTI | D | 0.79% | |
ESPR | F | 0.79% | |
ALLK | F | 0.76% | |
IRWD | F | 0.75% | |
VCYT | C | 0.72% | |
HALO | D | 0.71% | |
FATE | F | 0.67% | |
EDIT | F | 0.66% | |
PBYI | F | 0.65% | |
MDGL | F | 0.59% | |
TGTX | C | 0.55% | |
ADVM | F | 0.55% | |
ALLO | F | 0.54% | |
CPRX | C | 0.53% | |
ANAB | D | 0.53% | |
XNCR | D | 0.49% | |
SGMO | D | 0.48% | |
ENTA | F | 0.47% | |
EGRX | F | 0.42% | |
ATRA | F | 0.41% | |
VKTX | C | 0.38% | |
ANIK | D | 0.37% | |
VNDA | F | 0.35% | |
OPK | D | 0.35% | |
VCEL | F | 0.34% | |
TVTX | C | 0.33% | |
KOD | F | 0.29% | |
BBIO | F | 0.29% | |
NTLA | F | 0.29% | |
PGEN | F | 0.29% | |
DNLI | C | 0.28% | |
KRYS | D | 0.28% | |
GOSS | C | 0.27% | |
VYGR | F | 0.26% | |
MGNX | F | 0.25% | |
ALEC | F | 0.25% | |
CYTK | F | 0.25% | |
DVAX | D | 0.24% | |
YMAB | B | 0.24% |
LABD: Top Represented Industries & Keywords
QQQS: Top Represented Industries & Keywords