LABU vs. BIS ETF Comparison

Comparison of Direxion Daily S&P Biotech Bull 3X Shares (LABU) to ProShares UltraShort Nasdaq Biotechnology (BIS)
LABU

Direxion Daily S&P Biotech Bull 3X Shares

LABU Description

The investment seeks daily investment results, of 300% of the performance of the S&P Biotechnology Select Industry Index ("index"). The index is provided by S&P and includes domestic companies from the biotechnology industry. The fund normally creates long positions by investing at least 80% of its assets in the securities that comprise the index and/or financial instruments that provide leveraged and unleveraged exposure to the index. These financial instruments include: swap agreements; options on securities and indices; forward contracts; reverse repurchase agreements; ETFs; and other financial instruments. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$106.77

Average Daily Volume

1,088,205

Number of Holdings *

128

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

ProShares UltraShort Nasdaq Biotechnology

BIS Description The investment seeks daily investment results that correspond to two times the inverse (-2x) of the daily performance of the Nasdaq Biotechnology Index®. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index is a modified capitalization weighted index that includes securities of NASDAQ listed companies that are classified as either biotechnology or pharmaceutical according to the Industry Classification Benchmark ("ICB") which also meet other eligibility criteria determined by NASDAQ. It is non-diversified.

Grade (RS Rating)

Last Trade

$17.14

Average Daily Volume

13,942

Number of Holdings *

73

* may have additional holdings in another (foreign) market
Performance
Period LABU BIS
30 Days -14.44% 13.36%
60 Days -23.87% 19.40%
90 Days -25.01% 19.82%
12 Months 55.02% -26.37%
39 Overlapping Holdings
Symbol Grade Weight in LABU Weight in BIS Overlap
ACAD C 0.48% 0.81% 0.48%
AGIO C 0.49% 0.43% 0.43%
ALEC F 0.04% 0.18% 0.04%
ALKS C 0.72% 0.36% 0.36%
ALLO F 0.08% 0.37% 0.08%
ALNY D 1.64% 1.6% 1.6%
AMGN F 1.5% 8.14% 1.5%
APLS F 0.57% 0.31% 0.31%
ARWR D 0.38% 0.65% 0.38%
BBIO F 0.58% 0.51% 0.51%
BIIB F 1.42% 6.12% 1.42%
BMRN F 1.3% 1.91% 1.3%
BPMC B 1.12% 0.48% 0.48%
CRSP D 1.0% 0.42% 0.42%
DNLI D 0.33% 0.26% 0.26%
EXEL B 0.77% 0.73% 0.73%
FATE F 0.04% 0.23% 0.04%
FOLD F 0.41% 0.32% 0.32%
GILD C 1.88% 7.41% 1.88%
HALO F 1.0% 0.35% 0.35%
INCY C 2.06% 2.09% 2.06%
INSM C 1.61% 0.23% 0.23%
IONS F 0.74% 1.02% 0.74%
IOVA F 0.56% 0.36% 0.36%
IRWD F 0.16% 0.24% 0.16%
MRNA F 0.98% 0.83% 0.83%
MYGN F 0.17% 0.26% 0.17%
NBIX C 1.7% 1.16% 1.16%
PTCT B 0.43% 0.4% 0.4%
RARE F 0.47% 0.42% 0.42%
REGN F 1.14% 4.13% 1.14%
RGNX D 0.09% 0.21% 0.09%
SAGE F 0.08% 0.48% 0.08%
SRPT F 1.48% 1.15% 1.15%
UTHR C 1.92% 0.49% 0.49%
VCYT B 0.33% 0.18% 0.18%
VRTX D 1.68% 7.21% 1.68%
XNCR B 0.15% 0.26% 0.15%
YMAB F 0.04% 0.16% 0.04%
LABU Overweight 89 Positions Relative to BIS
Symbol Grade Weight
NTRA A 2.02%
ABBV F 1.47%
MDGL B 1.35%
VKTX F 1.35%
EXAS D 1.31%
CYTK F 1.17%
TGTX B 1.05%
RNA C 0.99%
RVMD C 0.96%
KRYS C 0.81%
ADMA B 0.79%
ROIV C 0.76%
PCVX D 0.6%
CRNX C 0.58%
TWST F 0.54%
GERN D 0.53%
ACLX C 0.53%
DYN F 0.5%
SWTX C 0.5%
BEAM D 0.49%
RXRX F 0.47%
IMVT F 0.43%
VERA C 0.39%
MIRM B 0.39%
RYTM C 0.38%
NUVL C 0.38%
NTLA F 0.38%
PTGX D 0.37%
IDYA F 0.37%
DVAX C 0.35%
JANX C 0.33%
SRRK C 0.32%
KYMR D 0.3%
SNDX F 0.29%
BCRX D 0.28%
CGON F 0.28%
ARDX F 0.28%
VCEL B 0.28%
AKRO B 0.27%
NVAX F 0.27%
ARQT B 0.27%
CPRX C 0.26%
KROS D 0.25%
NRIX C 0.25%
CLDX F 0.23%
MNKD C 0.22%
IRON B 0.22%
SMMT D 0.21%
VRDN D 0.2%
RCKT F 0.19%
DAWN D 0.19%
TVTX C 0.17%
CGEM F 0.17%
CDNA D 0.15%
VIR D 0.15%
KURA F 0.15%
CDMO A 0.14%
APLT C 0.14%
ALT C 0.13%
RCUS F 0.13%
EBS C 0.13%
HUMA F 0.12%
ARCT F 0.12%
COGT D 0.11%
ETNB C 0.11%
ANNX F 0.11%
AVXL B 0.11%
VERV F 0.11%
SPRY C 0.11%
STOK F 0.11%
REPL D 0.11%
IMNM F 0.1%
PRTA F 0.1%
RLAY F 0.1%
MDXG B 0.1%
OLMA F 0.09%
ANAB F 0.08%
OCGN F 0.08%
CELC F 0.08%
SANA F 0.08%
ERAS C 0.07%
CCCC F 0.07%
FDMT F 0.07%
ORIC F 0.06%
SCLX F 0.05%
SVRA F 0.05%
ABUS D 0.04%
ITOS F 0.04%
KALV F 0.04%
LABU Underweight 34 Positions Relative to BIS
Symbol Grade Weight
ILMN C -5.67%
VTRS A -1.35%
SNY F -1.29%
NVCR C -1.1%
JAZZ B -1.03%
TECH F -1.02%
GH B -0.96%
AMRN F -0.85%
BGNE D -0.83%
ASND F -0.77%
BLUE F -0.65%
ALLK D -0.49%
NKTR F -0.48%
FGEN D -0.47%
ADPT C -0.42%
MEDP D -0.4%
ARGX B -0.4%
AXSM B -0.38%
GRFS C -0.36%
KOD B -0.35%
QURE C -0.35%
ZLAB C -0.24%
ARVN F -0.24%
PCRX C -0.22%
GLPG F -0.22%
ITCI C -0.21%
ESPR B -0.19%
EDIT F -0.19%
LGND C -0.19%
INVA D -0.18%
TBPH B -0.17%
CHRS D -0.16%
HCM D -0.15%
SUPN C -0.15%
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