LABU vs XBI overlap - what they share and where they differ
LABU and XBI share 66.9% of their weight across 147 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 XBI
66.9%
147 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
XBI
State Street(R) SPDR(R) S&P(R) Biotech ETF
Reported positions cover 100% of the fund, 149 positions · Jun 30, 2026
Top 10: 13.3%·Holdings of XBI
Reported positions cover LABU 67%, XBI 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
XBI vs LABU side by side
LABUDirexion Daily S&P Biotech Bull 3X Shares
147
stock positions reported to the SEC
0.0% of its weight is in 0 names XBI does not hold
XBIState Street(R) SPDR(R) S&P(R) Biotech ETF
149
stock positions reported to the SEC
1.8% of its weight is in 2 names LABU does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Healthcare: XBI has 30.4 points more of it.
The figures side by side
| LABU | XBI | |
|---|---|---|
| Filing date | Jul 31, 2026 | Jun 30, 2026 |
| Stock positions reported | 147 | 149 |
| Weight of the ten largest | 9.4% | 13.3% |
| Largest position | APOGEE THERAPEUTICS INC 1.1% | APOGEE THERAPEUTICS INC 1.5% |
| Held alone | 0 positions, 0.0% | 2 positions, 1.8% |
| Covered by stock positions | 67% | 100% |
Holdings they share
| Stock | In LABU | In XBI | Counted |
|---|---|---|---|
| APOGEE THERAPEUTICS INC | 1.11% | 1.49% | 1.11% |
| ORKAORUKA THERAPEUTICS INC | 1.03% | 1.38% | 1.03% |
| DNTHDIANTHUS THERAPEUTICS INC | 0.96% | 1.18% | 0.96% |
| ERASERASCA INC | 0.93% | 1.27% | 0.93% |
| TWSTTWIST BIOSCIENCE CORP | 0.92% | 1.41% | 0.92% |
| KYMRKYMERA THERAPEUTICS INC | 0.90% | 1.36% | 0.90% |
| RVMDREVOLUTION MEDICINES INC | 0.89% | 1.20% | 0.89% |
| SYRESPYRE THERAPEUTICS INC | 0.89% | 1.10% | 0.89% |
| CGONCG ONCOLOGY INC | 0.88% | 1.20% | 0.88% |
| PTGXPROTAGONIST THERAPEUTICS INC | 0.88% | 1.07% | 0.88% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in LABU
Nothing among its reported positions that the others do not also hold.
Only in XBI
Questions people ask
Is LABU the same as XBI?
66.9% of their weight sits in the same 147 holdings. Among its reported positions, LABU holds nothing the other does not also hold. XBI also reports NU, CATALYST PHARMACEUTICALS INC, which the other does not.
How is the overlap between LABU and XBI 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 XBI, so the number cannot exceed the smaller coverage.
Which holds more, XBI or LABU?
LABU reports 147 stock positions and XBI reports 149. 0.0% of LABU's weight sits in names XBI does not hold, and 1.8% of XBI's weight in names LABU does not hold. The ten largest positions are 9.4% of LABU and 13.3% of XBI.
How do LABU and XBI differ by sector?
The widest gap is Healthcare: XBI has 30.4 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.