TMSL vs. LABU ETF Comparison

Comparison of T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Small-Mid Cap ETF (TMSL) to Direxion Daily S&P Biotech Bull 3X Shares (LABU)

TMSL

T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Small-Mid Cap ETF

TMSL Description

The fund normally invests at least 80% of its net assets (including any borrowings for investment purposes) in assets issued by small- or mid-cap companies. The fund may at times invest significantly in certain sectors, such as the information technology sector.

Grade (RS Rating)

Last Trade

$34.69

Average Daily Volume

74,374

Number of Holdings ^*

256

* may have additional holdings in another (foreign) market

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

$113.42

Average Daily Volume

1,097,203

Number of Holdings ^*

128

* may have additional holdings in another (foreign) market

Performance

Period	TMSL	LABU
30 Days	7.83%	-4.54%
60 Days	7.33%	-13.12%
90 Days	8.82%	-20.34%
12 Months	36.92%	64.67%

28 Overlapping Holdings

Symbol	Grade	Weight in TMSL	Weight in LABU	Overlap
ACAD	D	0.11%	0.48%	0.11%
AKRO	B	0.11%	0.27%	0.11%
ALKS	B	0.21%	0.72%	0.21%
BPMC	C	0.32%	1.12%	0.32%
CLDX	F	0.11%	0.23%	0.11%
CRNX	C	0.23%	0.58%	0.23%
EXAS	D	0.45%	1.31%	0.45%
IDYA	F	0.1%	0.37%	0.1%
INSM	C	0.59%	1.61%	0.59%
IONS	F	0.11%	0.74%	0.11%
KYMR	D	0.25%	0.3%	0.25%
MDGL	B	0.11%	1.35%	0.11%
NBIX	C	0.29%	1.7%	0.29%
NRIX	D	0.14%	0.25%	0.14%
NTLA	F	0.11%	0.38%	0.11%
NTRA	B	0.25%	2.02%	0.25%
PCVX	D	0.34%	0.6%	0.34%
PRTA	F	0.07%	0.1%	0.07%
RARE	D	0.18%	0.47%	0.18%
RCKT	F	0.08%	0.19%	0.08%
REPL	B	0.16%	0.11%	0.11%
RNA	D	0.34%	0.99%	0.34%
RVMD	C	0.24%	0.96%	0.24%
SRPT	D	0.16%	1.48%	0.16%
SRRK	B	0.06%	0.32%	0.06%
SWTX	C	0.04%	0.5%	0.04%
VERA	B	0.16%	0.39%	0.16%
XNCR	B	0.12%	0.15%	0.12%

TMSL Overweight 228 Positions Relative to LABU

Symbol	Grade	Weight
SWK	D	1.44%
SEM	B	1.35%
FTI	A	1.23%
CPAY	A	1.23%
MKSI	C	1.19%
TXT	D	1.17%
WAL	B	1.15%
BPOP	B	1.14%
THC	D	1.13%
RNR	C	0.95%
DT	C	0.87%
REXR	F	0.84%
ESAB	B	0.81%
WBS	A	0.8%
LAMR	D	0.79%
RPM	A	0.77%
SSNC	B	0.75%
GDDY	A	0.75%
HII	D	0.75%
DOCU	A	0.71%
VOYA	B	0.67%
LDOS	C	0.65%
BFAM	D	0.65%
GEN	B	0.64%
RL	B	0.63%
WU	D	0.62%
TFX	F	0.61%
RS	B	0.61%
TOL	B	0.6%
CUBE	D	0.59%
NTNX	A	0.59%
BDC	B	0.59%
NI	A	0.59%
VNO	B	0.58%
CRBG	B	0.58%
ZBRA	B	0.57%
SAIA	B	0.56%
HBAN	A	0.56%
PATK	D	0.56%
SITE	D	0.55%
EME	C	0.54%
OPCH	D	0.54%
STLD	B	0.54%
CF	B	0.53%
BURL	A	0.53%
ENTG	D	0.52%
FBP	B	0.52%
XPRO	F	0.52%
STNG	F	0.52%
RGA	A	0.51%
MNDY	C	0.51%
WYNN	D	0.51%
MWA	B	0.51%
WING	D	0.5%
CVNA	B	0.5%
SUM	B	0.5%
AGCO	D	0.5%
VTRS	A	0.5%
CW	B	0.49%
IOT	A	0.49%
CLH	B	0.48%
APG	B	0.48%
EWBC	A	0.48%
WSC	D	0.48%
COOP	B	0.47%
DUOL	A	0.47%
ST	F	0.46%
BLX	C	0.46%
EQH	B	0.46%
TYL	B	0.45%
TTC	D	0.45%
EHC	B	0.45%
OMF	A	0.45%
MIDD	C	0.44%
MORN	B	0.44%
TOST	B	0.43%
BRX	A	0.43%
HUBB	B	0.43%
RRC	B	0.43%
JBL	B	0.42%
TKR	D	0.42%
PLNT	A	0.41%
LRN	A	0.41%
KFY	B	0.41%
FMC	D	0.41%
NVR	D	0.41%
HOLX	D	0.4%
TNL	A	0.4%
EG	C	0.4%
VFC	C	0.39%
AEE	A	0.39%
AWI	A	0.39%
FND	C	0.39%
DKNG	B	0.39%
BCO	D	0.39%
RYN	D	0.39%
BBWI	D	0.38%
SUI	D	0.38%
DPZ	C	0.38%
NCLH	B	0.37%
PHIN	A	0.37%
VRRM	D	0.37%
PR	B	0.36%
REG	B	0.36%
PTC	A	0.36%
NXST	C	0.35%
FITB	A	0.35%
NWS	B	0.35%
UHS	D	0.34%
UPWK	B	0.33%
STGW	B	0.33%
FLO	D	0.33%
ULTA	F	0.33%
DRH	B	0.32%
GEO	B	0.32%
KMPR	B	0.32%
DOLE	D	0.32%
USFD	A	0.32%
MAIN	A	0.31%
DOX	D	0.31%
SKWD	A	0.31%
RVTY	F	0.31%
MANH	D	0.3%
MOH	F	0.3%
LPX	B	0.3%
OC	A	0.3%
POR	C	0.3%
HWM	A	0.29%
EVRI	A	0.29%
SHOO	D	0.29%
BERY	B	0.28%
TECH	D	0.28%
OFG	B	0.28%
ASGN	F	0.28%
LSTR	D	0.28%
ARMK	B	0.28%
BJ	A	0.28%
FCN	D	0.28%
AYI	B	0.27%
LPLA	A	0.27%
FTDR	A	0.27%
ATEN	B	0.27%
PAYO	A	0.27%
ELS	C	0.26%
CASY	A	0.26%
CPA	D	0.26%
VNT	B	0.26%
STEP	B	0.26%
KRC	C	0.26%
ELF	C	0.26%
ELAN	D	0.26%
PFGC	B	0.25%
PLAB	C	0.25%
HST	C	0.25%
SCI	B	0.25%
CHDN	B	0.25%
BLDR	D	0.25%
VRTS	B	0.25%
AZEK	A	0.24%
PCTY	B	0.24%
MTX	B	0.24%
MCB	B	0.24%
GLOB	B	0.24%
BLBD	D	0.24%
BOX	B	0.24%
CBOE	B	0.23%
BLD	D	0.23%
OIS	C	0.23%
RDDT	B	0.23%
EEFT	B	0.23%
CTLT	B	0.23%
TREX	C	0.23%
WFRD	D	0.22%
UFPI	B	0.22%
TDW	F	0.22%
CELH	F	0.22%
CRL	C	0.22%
ESS	B	0.22%
ALV	C	0.22%
EPR	D	0.21%
ONON	A	0.21%
LSCC	D	0.21%
VRNT	C	0.21%
BRZE	C	0.21%
RGEN	D	0.21%
WFG	D	0.21%
LPRO	C	0.21%
PK	B	0.2%
SWN	D	0.2%
PRDO	B	0.2%
KEX	C	0.2%
THG	A	0.2%
TXRH	C	0.2%
EVRG	A	0.2%
CWEN	C	0.2%
NWE	B	0.19%
OLLI	D	0.19%
HAFC	A	0.19%
NFG	A	0.19%
BGNE	D	0.18%
AHH	D	0.18%
LUV	C	0.18%
LEGN	F	0.18%
PBH	A	0.17%
ENS	D	0.17%
TW	A	0.17%
WDC	D	0.17%
PLUS	F	0.16%
AVNT	B	0.16%
BFS	C	0.16%
AVY	D	0.16%
BWXT	B	0.16%
FIX	A	0.16%
GMRE	F	0.15%
HIG	B	0.15%
XRAY	F	0.15%
CVLT	B	0.15%
CNP	B	0.15%
WTTR	B	0.15%
TDC	D	0.14%
AMAL	B	0.14%
ESNT	D	0.13%
ACM	A	0.12%
ASND	D	0.12%
ANET	C	0.1%
APPF	B	0.08%
BXC	B	0.08%
PLRX	F	0.06%

TMSL Underweight 100 Positions Relative to LABU

Symbol	Grade	Weight
INCY	C	-2.06%
UTHR	C	-1.92%
GILD	C	-1.88%
VRTX	F	-1.68%
ALNY	D	-1.64%
AMGN	D	-1.5%
ABBV	D	-1.47%
BIIB	F	-1.42%
VKTX	F	-1.35%
BMRN	D	-1.3%
CYTK	F	-1.17%
REGN	F	-1.14%
TGTX	B	-1.05%
HALO	F	-1.0%
CRSP	D	-1.0%
MRNA	F	-0.98%
KRYS	B	-0.81%
ADMA	B	-0.79%
EXEL	B	-0.77%
ROIV	C	-0.76%
BBIO	F	-0.58%
APLS	D	-0.57%
IOVA	F	-0.56%
TWST	D	-0.54%
GERN	D	-0.53%
ACLX	C	-0.53%
DYN	F	-0.5%
BEAM	D	-0.49%
AGIO	C	-0.49%
RXRX	F	-0.47%
IMVT	F	-0.43%
PTCT	B	-0.43%
FOLD	F	-0.41%
MIRM	B	-0.39%
ARWR	F	-0.38%
RYTM	C	-0.38%
NUVL	D	-0.38%
PTGX	C	-0.37%
DVAX	C	-0.35%
DNLI	D	-0.33%
VCYT	B	-0.33%
JANX	C	-0.33%
SNDX	F	-0.29%
BCRX	D	-0.28%
CGON	F	-0.28%
ARDX	F	-0.28%
VCEL	B	-0.28%
NVAX	F	-0.27%
ARQT	C	-0.27%
CPRX	C	-0.26%
KROS	D	-0.25%
MNKD	C	-0.22%
IRON	B	-0.22%
SMMT	D	-0.21%
VRDN	D	-0.2%
DAWN	F	-0.19%
TVTX	B	-0.17%
MYGN	F	-0.17%
CGEM	F	-0.17%
IRWD	F	-0.16%
CDNA	D	-0.15%
VIR	D	-0.15%
KURA	F	-0.15%
CDMO	B	-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	C	-0.11%
ANNX	F	-0.11%
AVXL	B	-0.11%
VERV	F	-0.11%
SPRY	D	-0.11%
STOK	F	-0.11%
IMNM	F	-0.1%
RLAY	F	-0.1%
MDXG	B	-0.1%
RGNX	F	-0.09%
OLMA	F	-0.09%
ALLO	F	-0.08%
ANAB	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	D	-0.05%
ALEC	F	-0.04%
YMAB	F	-0.04%
ABUS	D	-0.04%
ITOS	F	-0.04%
KALV	D	-0.04%
FATE	F	-0.04%