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Direxion Daily S&P Biotech Bear 3X Shares (LABD)

BATS BZX Real-Time Price
As of 11:52am ET
 -0.40 / -3.81%
Today’s Change
Today|||52-Week Range

Investment Objective

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse of the daily performance of the S&P Biotechnology Select Industry Index. The fund, under normal circumstances, invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short leveraged exposure to the index equal to at least 80% of the fund's net assets (plus borrowing for investment purposes). The index is designed to measure the performance of the biotechnology sub-industry based on the Global Industry Classification Standards ("GICS"). The fund is non-diversified.

No recent news for Direxion Daily S&P Biotech Bear 3X Shares.


1 month+1.06% 3 years--
3 months-42.05% 5 years--
1 year-82.93% Since inception-51.82%
Data through 03/29/2017

Quote Details

Previous close$10.50
Open day’s range10.03 – 10.45
Net asset value (NAV)10.53 (03/28/2017)
Daily volume31,058
Average volume (3 months)4,333,819
Data as of 11:52am ET, 03/29/2017

Peer Comparisonvs. Trading--inverse equity ETFs

Performance 5-yr return---29.79%
Expense Gross exp ratio1.15%1.92%
Risk 5 year sharpe ratio----
Net assets$117.8M$3.2M
Average market cap--$7.8B
Average P/E----
Dividend / Share--0.35%


No competitors data available.


Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
Holdings not available.