Is Labu a good investment?
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Is Labu a good investment?
LABU seeks daily investment results of 300\% of the daily performance of the S&P Biotechnology Select Industry Index (“index”). Within the past year, LABU has risen over 100\%. On December 22 of last year, the fund hit a high of $129.27 and it looks to be testing that resistance level in the early going in 2021.
What stocks are in Labu ETF?
Top 25 Holdings
| Company | Symbol | Total Net Assets |
|---|---|---|
| Financial Square Treasury Instruments Fund FST Shares | FTIXX | 17.91\% |
| Dreyfus Government Cash Management Institutional Shs | DGCXX | 13.66\% |
| ChemoCentryx Inc. | CCXI | 1.25\% |
| Ocugen Inc. | OCGN | 0.92\% |
What is Labu ETF?
The Direxion Daily S&P Biotech Bull 3X Fund (LABU) is an ETF that seeks to replicate 300\% of the daily performance of its benchmark, the S&P Biotechnology Select Industry Index. The fund invests primarily in swap agreements and futures contracts that provide daily leveraged exposure to the benchmark index.
What is the difference between IBB and XBI?
XBI is an equal-weight ETF, whereas IBB is cap weighted. That gives XBI a potential performance advantage when smaller biotech stocks are surging, but it also makes the ETF more volatile than its cap-weighted peer. XBI’s three-year annualized volatility is nearly 800 basis points higher than that of IBB.
What is soxs stock?
SOXS – Direxion Daily Semiconductor Bear 3X Shares
| Previous Close | 3.5600 |
|---|---|
| Day’s Range | 3.5050 – 4.0952 |
| 52 Week Range | 3.4300 – 19.8600 |
| Volume | 27,437,987 |
| Avg. Volume | 19,016,779 |
What stocks are in cure ETF?
Top 10 Holdings (66.27\% of Total Assets)
| Name | Symbol | \% Assets |
|---|---|---|
| Pfizer Inc | PFE | 2.75\% |
| Abbott Laboratories | ABT | 2.58\% |
| AbbVie Inc | ABBV | 2.49\% |
| Thermo Fisher Scientific Inc | TMO | 2.48\% |
Is IBB a good ETF?
IShares Biotechnology ETF holds a Zacks ETF Rank of 1 (Strong Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors. Because of this, IBB is a great option for investors seeking exposure to the Health Care ETFs segment of the market.
Is XBI a good investment?
The ETF has a beta of 1.21 and standard deviation of 34.26\% for the trailing three-year period, making it a high risk choice in the space. Because of this, XBI is an excellent option for investors seeking exposure to the Health Care ETFs segment of the market.
Is SOXS an ETF?
Direxion Daily Semiconductor Bear 3x Shares ETF.
How does SOXS ETF work?
SOXS makes big, bearish bets against the highly concentrated semiconductor industry by using swap agreements, futures contracts, and short positions. SOXS rebalances its exposure on a daily basis, thus, holding it for longer periods will expose the investor to compounding effects of the daily rebalancing.
What is cure ETF?
ETFS S&P Biotech ETF (ASX Code: CURE) offers investors exposure to U.S. healthcare biotechnology companies. These companies are engaged in the research, development and manufacturing of products based on genetic analysis and genetic engineering.
What companies are in XLV?
Top 25 Holdings
| Company | Symbol | Total Net Assets |
|---|---|---|
| Merck & Co. Inc. | MRK | 4.37\% |
| AbbVie Inc. | ABBV | 3.97\% |
| Eli Lilly & Co. | LLY | 3.97\% |
| Danaher Corp. | DHR | 3.88\% |