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

Delayed Data
As of Jun 20
 -1.52 / -6.47%
Today’s Change
Today|||52-Week Range
LABD Regular Dividend: LABD began trading ex-dividend on 06/19/18. A $0.0244 dividend will be paid to shareholders of record as of 06/20/18.

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-21.99% 3 years-59.16%
3 months-32.14% 5 years--
1 year-71.64% Since inception-61.29%
Data through 06/21/2018

Quote Details

Previous close$23.48
Open day’s range21.91 – 23.13
Net asset value (NAV)21.92 (06/20/2018)
Daily volume3,003,520
Average volume (3 months)1,187,482
Data as of 8:00pm ET, 06/20/2018

Peer Comparisonvs. Trading--inverse equity ETFs

Performance 5-yr return---29.79%
Expense Gross exp ratio1.14%1.94%
Risk 5 year sharpe ratio----
Net assets$81.9M$2.6M
Average market cap--$14.4B
Average P/E--15.4
Dividend / Share--0.35%


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