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

3.26
Delayed Data
As of Feb 16
 +0.03 / +0.93%
Today’s Change
2.85
Today|||52-Week Range
12.59
-29.28%
Year-to-Date

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.

Performance

1 month-22.93% 3 years--
3 months-39.41% 5 years--
1 year-71.33% Since inception-60.23%
Data through 02/17/2018

Quote Details

Previous close$3.23
Open day’s range3.14 – 3.32
Net asset value (NAV)3.26 (02/16/2018)
Daily volume6,782,710
Average volume (3 months)7,349,636
Data as of 8:00pm ET, 02/16/2018

Peer Comparisonvs. Trading--inverse equity ETFs

 LABDCategory
Performance 5-yr return---29.79%
Expense Gross exp ratio1.15%1.94%
Risk 5 year sharpe ratio----
Net assets$101.0M$2.4M
Average market cap----
Average P/E----
Dividend / Share--0.35%

Competitors

No competitors data available.

Holdings

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