LABD vs. SBB ETF Comparison

Comparison of Direxion Daily S&P Biotech Bear 3X Shares (LABD) to ProShares Short SmallCap600 (SBB)

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&#39;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 ^*

* may have additional holdings in another (foreign) market

SBB

ProShares Short SmallCap600

SBB Description

The investment seeks daily investment results that correspond to the inverse (-1x) of the daily performance of the S&P SmallCap 600®. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as the inverse (-1x) of the daily return of the index. The index is a measure of small-cap company U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 600 U.S. operating companies selected through a process that factors in criteria such as liquidity, price, market capitalization, financial viability and public float. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$16.34

Average Daily Volume

1,829

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	LABD	SBB
30 Days	8.10%	3.14%
60 Days	-5.71%	2.99%
90 Days	-9.06%	2.93%
12 Months	-48.12%	-5.39%

1 Overlapping Holdings

	Symbol	Grade	Weight in LABD	Weight in SBB	Overlap
	EBS	B	0.96%	0.31%	0.31%

LABD Overweight 79 Positions Relative to SBB

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%
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 91 Positions Relative to SBB

Symbol	Grade	Weight
DAR	F	-0.61%
GBCI	D	-0.49%
BLD	D	-0.48%
JBT	F	-0.47%
EXPO	C	-0.47%
NEOG	C	-0.47%
VIAV	D	-0.46%
OMCL	F	-0.46%
CBU	B	-0.46%
STRA	C	-0.45%
BCPC	A	-0.44%
NEO	D	-0.43%
SSD	F	-0.43%
SHOO	C	-0.42%
AVA	D	-0.42%
SKYW	B	-0.42%
B	B	-0.41%
AWR	D	-0.41%
UNF	B	-0.41%
LAD	F	-0.41%
ONB	B	-0.4%
AMN	F	-0.4%
CNMD	D	-0.4%
CCOI	D	-0.39%
ADC	B	-0.39%
POWI	D	-0.39%
ITRI	C	-0.39%
UFPI	D	-0.38%
SFNC	D	-0.38%
MOG.A	C	-0.38%
BRC	B	-0.37%
CVBF	C	-0.37%
PRLB	D	-0.37%
ITGR	C	-0.37%
WTS	D	-0.36%
JJSF	B	-0.36%
QLYS	D	-0.36%
AEIS	C	-0.36%
ABCB	C	-0.36%
CROX	C	-0.36%
INDB	D	-0.35%
WING	B	-0.35%
WWW	C	-0.35%
LCII	F	-0.35%
COLB	D	-0.35%
ABM	B	-0.34%
WDFC	D	-0.34%
FOXF	C	-0.34%
LXP	B	-0.34%
SEM	A	-0.33%
ESE	D	-0.33%
AEL	A	-0.33%
IOSP	D	-0.33%
AIT	C	-0.33%
IRDM	D	-0.33%
ARI	D	-0.33%
ROG	D	-0.32%
CWT	C	-0.32%
MEDP	C	-0.32%
MNRO	F	-0.32%
GTLS	D	-0.32%
FUL	D	-0.32%
SAIA	C	-0.32%
NSIT	C	-0.32%
LPSN	D	-0.32%
AIN	D	-0.31%
SANM	C	-0.31%
HI	F	-0.31%
DIOD	C	-0.31%
IVR	C	-0.31%
EXLS	B	-0.31%
FN	C	-0.31%
FELE	D	-0.3%
PMT	C	-0.3%
SPXC	B	-0.3%
ALGT	F	-0.3%
MTH	D	-0.3%
ENSG	B	-0.3%
KFY	B	-0.3%
FFBC	D	-0.3%
ACA	D	-0.29%
AAT	B	-0.29%
DORM	C	-0.29%
NMIH	B	-0.29%
PLXS	D	-0.29%
XHR	D	-0.29%
KWR	F	-0.28%
PRGS	B	-0.28%
FBP	B	-0.28%
AKR	A	-0.28%
NWN	F	-0.28%

LABD: Top Represented Industries & Keywords

Industries: Biotechnology Drug Manufacturers - Specialty & Generic Drug Manufacturers - Major Diagnostics & Research