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

Number of Holdings *

79

* may have additional holdings in another (foreign) market
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

Number of Holdings *

10

* may have additional holdings in another (foreign) market
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 Underweight 9 Positions Relative to QQQS
Symbol Grade Weight
COMM C -1.3%
CLPT C -1.16%
RVNC F -1.13%
AXGN B -0.93%
IHRT C -0.82%
PLSE D -0.78%
DCTH D -0.76%
AQST C -0.76%
ICUI B -0.75%
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