LABU vs VBK overlap - what they share and where they differ
LABU and VBK share 9.9% of their weight across 43 common positions, read from what each fund reported to the SEC.
Each week Ploutos reads the reported positions of the largest US equity ETFs and measures, pair by pair, the weight they share: for every stock both funds hold, the smaller of the two weights counts. Two funds tracking the same index land near 100%. A sector fund inside a broad index fund lands at roughly that sector's weight.
LABU and VBK
9.9%
43 shared positions
LABU
Direxion Daily S&P Biotech Bull 3X Shares
Reported positions cover 67% of the fund, 147 positions · Jul 31, 2026
Top 10: 9.4%·Holdings of LABU
VBK
VANGUARD SMALL-CAP GROWTH INDEX FUND
Reported positions cover 100% of the fund, 537 positions · Jun 30, 2026
Top 10: 9.3%·Holdings of VBK
Reported positions cover LABU 67%, VBK 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
VBK vs LABU side by side
LABUDirexion Daily S&P Biotech Bull 3X Shares
147
stock positions reported to the SEC
38.0% of its weight is in 104 names VBK does not hold
VBKVANGUARD SMALL-CAP GROWTH INDEX FUND
537
stock positions reported to the SEC
89.5% of its weight is in 494 names LABU does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Healthcare: LABU has 48.3 points more of it.
The figures side by side
| LABU | VBK | |
|---|---|---|
| Filing date | Jul 31, 2026 | Jun 30, 2026 |
| Stock positions reported | 147 | 537 |
| Weight of the ten largest | 9.4% | 9.3% |
| Largest position | APOGEE THERAPEUTICS INC 1.1% | CRDO 1.3% |
| Held alone | 104 positions, 38.0% | 494 positions, 89.5% |
| Covered by stock positions | 67% | 100% |
Holdings they share
| Stock | In LABU | In VBK | Counted |
|---|---|---|---|
| RVMDREVOLUTION MEDICINES INC | 0.89% | 1.06% | 0.89% |
| NTRANATERA INC | 0.84% | 1.04% | 0.84% |
| INCYINCYTE CORP | 0.77% | 0.54% | 0.54% |
| ROIVROIVANT SCIENCES LTD | 0.81% | 0.50% | 0.50% |
| NBIXNEUROCRINE BIOSCIENCES INC | 0.71% | 0.48% | 0.48% |
| BBIOBRIDGEBIO PHARMA INC | 0.81% | 0.37% | 0.37% |
| EXELEXELIXIS INC | 0.69% | 0.37% | 0.37% |
| IONSIONIS PHARMACEUTICALS INC | 0.48% | 0.35% | 0.35% |
| INSMINSMED INC | 0.73% | 0.33% | 0.33% |
| CYTKCYTOKINETICS INC | 0.79% | 0.32% | 0.32% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in LABU
Only in VBK
Questions people ask
Is LABU the same as VBK?
9.9% of their weight sits in the same 43 holdings. LABU also reports APOGEE THERAPEUTICS INC, ORKA, DNTH, which the other does not. VBK also reports CRDO, ALAB, TWLO, which the other does not.
How is the overlap between LABU and VBK measured?
For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 67% of LABU and 100% of VBK, so the number cannot exceed the smaller coverage.
Which holds more, VBK or LABU?
LABU reports 147 stock positions and VBK reports 537. 38.0% of LABU's weight sits in names VBK does not hold, and 89.5% of VBK's weight in names LABU does not hold. The ten largest positions are 9.4% of LABU and 9.3% of VBK.
How do LABU and VBK differ by sector?
The widest gap is Healthcare: LABU has 48.3 points more of it. Sectors come from each holding's SIC code in its SEC record, summed by the weight the fund reports.
Where do the numbers come from?
From each fund's own N-PORT filing to the SEC, which lists every position and its weight. The comparison uses every equity position the fund reports; cash, futures and bonds are not counted, which is why a coverage figure sits next to every result. Holdings change between filings.
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Descriptive data from public SEC filings. Nothing on this page is a recommendation to buy, sell or hold any fund or stock, and holdings change between filings.