LABU vs. FMED ETF Comparison
Comparison of Direxion Daily S&P Biotech Bull 3X Shares (LABU) to Fidelity Disruptive Medicine ETF (FMED)
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
$107.60
Average Daily Volume
1,060,364
128
FMED
Fidelity Disruptive Medicine ETF
FMED Description
The fund normally invests at least 80% of assets in securities of disruptive medicine companies. Fidelity's disruptive strategies seek to identify innovative developments that could signal new directions for delivering products and services to customers. Generally, these companies have or are developing new or unconventional ways of doing business that could disrupt and displace incumbents over time. The fund is non-diversified.Grade (RS Rating)
Last Trade
$25.22
Average Daily Volume
4,761
52
Performance
| Period | LABU | FMED |
|---|---|---|
| 30 Days | -14.91% | -3.71% |
| 60 Days | -24.42% | -4.48% |
| 90 Days | -22.47% | -1.68% |
| 12 Months | 58.01% | 17.78% |
16 Overlapping Holdings
| Symbol | Grade | Weight in LABU | Weight in FMED | Overlap | |
|---|---|---|---|---|---|
| ACLX | C | 0.53% | 0.45% | 0.45% | |
| ALNY | D | 1.64% | 2.9% | 1.64% | |
| ANAB | F | 0.08% | 0.24% | 0.08% | |
| CRNX | B | 0.58% | 1.23% | 0.58% | |
| CYTK | D | 1.17% | 1.19% | 1.17% | |
| DAWN | D | 0.19% | 0.41% | 0.19% | |
| DNLI | D | 0.33% | 0.45% | 0.33% | |
| DYN | D | 0.5% | 1.13% | 0.5% | |
| EXAS | D | 1.31% | 2.72% | 1.31% | |
| JANX | C | 0.33% | 1.32% | 0.33% | |
| KROS | D | 0.25% | 1.34% | 0.25% | |
| NRIX | C | 0.25% | 0.44% | 0.25% | |
| NTRA | A | 2.02% | 0.56% | 0.56% | |
| PCVX | D | 0.6% | 1.13% | 0.6% | |
| REGN | F | 1.14% | 3.26% | 1.14% | |
| VRTX | D | 1.68% | 0.84% | 0.84% |
LABU Overweight 112 Positions Relative to FMED
| Symbol | Grade | Weight | |
|---|---|---|---|
| INCY | C | 2.06% | |
| UTHR | C | 1.92% | |
| GILD | B | 1.88% | |
| NBIX | C | 1.7% | |
| INSM | C | 1.61% | |
| AMGN | D | 1.5% | |
| SRPT | F | 1.48% | |
| ABBV | F | 1.47% | |
| BIIB | F | 1.42% | |
| MDGL | C | 1.35% | |
| VKTX | F | 1.35% | |
| BMRN | F | 1.3% | |
| BPMC | C | 1.12% | |
| TGTX | B | 1.05% | |
| HALO | F | 1.0% | |
| CRSP | D | 1.0% | |
| RNA | C | 0.99% | |
| MRNA | F | 0.98% | |
| RVMD | B | 0.96% | |
| KRYS | C | 0.81% | |
| ADMA | B | 0.79% | |
| EXEL | B | 0.77% | |
| ROIV | D | 0.76% | |
| IONS | F | 0.74% | |
| ALKS | C | 0.72% | |
| BBIO | F | 0.58% | |
| APLS | F | 0.57% | |
| IOVA | F | 0.56% | |
| TWST | F | 0.54% | |
| GERN | C | 0.53% | |
| SWTX | C | 0.5% | |
| BEAM | D | 0.49% | |
| AGIO | C | 0.49% | |
| ACAD | C | 0.48% | |
| RXRX | D | 0.47% | |
| RARE | F | 0.47% | |
| IMVT | F | 0.43% | |
| PTCT | B | 0.43% | |
| FOLD | F | 0.41% | |
| VERA | C | 0.39% | |
| MIRM | B | 0.39% | |
| ARWR | D | 0.38% | |
| RYTM | C | 0.38% | |
| NUVL | D | 0.38% | |
| NTLA | F | 0.38% | |
| PTGX | D | 0.37% | |
| IDYA | F | 0.37% | |
| DVAX | C | 0.35% | |
| VCYT | B | 0.33% | |
| SRRK | B | 0.32% | |
| KYMR | D | 0.3% | |
| SNDX | F | 0.29% | |
| BCRX | D | 0.28% | |
| CGON | F | 0.28% | |
| ARDX | F | 0.28% | |
| VCEL | A | 0.28% | |
| AKRO | C | 0.27% | |
| NVAX | F | 0.27% | |
| ARQT | B | 0.27% | |
| CPRX | C | 0.26% | |
| CLDX | D | 0.23% | |
| MNKD | B | 0.22% | |
| IRON | B | 0.22% | |
| SMMT | D | 0.21% | |
| VRDN | D | 0.2% | |
| RCKT | F | 0.19% | |
| TVTX | C | 0.17% | |
| MYGN | F | 0.17% | |
| CGEM | F | 0.17% | |
| IRWD | F | 0.16% | |
| CDNA | D | 0.15% | |
| VIR | F | 0.15% | |
| XNCR | B | 0.15% | |
| KURA | F | 0.15% | |
| CDMO | A | 0.14% | |
| APLT | B | 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 | D | 0.11% | |
| ANNX | F | 0.11% | |
| AVXL | B | 0.11% | |
| VERV | D | 0.11% | |
| SPRY | C | 0.11% | |
| STOK | D | 0.11% | |
| REPL | C | 0.11% | |
| IMNM | F | 0.1% | |
| PRTA | F | 0.1% | |
| RLAY | F | 0.1% | |
| MDXG | B | 0.1% | |
| RGNX | D | 0.09% | |
| OLMA | F | 0.09% | |
| ALLO | F | 0.08% | |
| OCGN | F | 0.08% | |
| CELC | F | 0.08% | |
| SAGE | 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% | |
| ALEC | F | 0.04% | |
| YMAB | F | 0.04% | |
| ABUS | D | 0.04% | |
| ITOS | F | 0.04% | |
| KALV | F | 0.04% | |
| FATE | F | 0.04% |
LABU Underweight 36 Positions Relative to FMED
| Symbol | Grade | Weight | |
|---|---|---|---|
| BSX | A | -6.26% | |
| UNH | B | -4.7% | |
| PODD | B | -4.44% | |
| ISRG | A | -4.42% | |
| DHR | D | -3.8% | |
| ARGX | A | -3.27% | |
| SYK | A | -2.73% | |
| PEN | B | -2.64% | |
| LFST | C | -2.41% | |
| VEEV | C | -2.18% | |
| MASI | B | -2.01% | |
| LEGN | D | -1.95% | |
| EW | C | -1.95% | |
| INSP | F | -1.92% | |
| DXCM | C | -1.88% | |
| TMO | D | -1.87% | |
| LLY | F | -1.78% | |
| PRCT | B | -1.65% | |
| ZLAB | C | -1.54% | |
| AGL | F | -1.43% | |
| GKOS | A | -1.42% | |
| RGEN | D | -1.34% | |
| PRVA | C | -1.34% | |
| RMD | C | -1.3% | |
| XENE | D | -1.17% | |
| DOCS | C | -1.14% | |
| BRKR | F | -1.12% | |
| WST | C | -1.01% | |
| TNDM | D | -1.0% | |
| PHR | F | -0.99% | |
| CNC | F | -0.98% | |
| ASND | F | -0.88% | |
| ALGN | D | -0.72% | |
| TXG | F | -0.63% | |
| IRTC | C | -0.44% | |
| BNTX | D | -0.4% |
LABU: Top Represented Industries & Keywords
FMED: Top Represented Industries & Keywords
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