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Direxion Daily S&P Biotech Bull 3X Shares (LABU)

81.83
BATS BZX Real-Time Price
As of 2:32pm ET
 -2.45 / -2.91%
Today’s Change
24.44
Today|||52-Week Range
92.56
+161.35%
Year-to-Date

Investment Objective

The investment seeks daily investment results- before fees and expenses- of 300% of the daily performance of the S&P Biotechnology Select Industry Index ("index"). The fund- under normal circumstances- invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments that provide daily leveraged exposure to the index and/or exchange-traded funds ("ETFs") that track the index. 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 Bull 3X Shares.

Performance

1 month+6.66% 3 years--
3 months+28.56% 5 years--
1 year+137.05% Since inception-23.47%
Data through 10/19/2017

Quote Details

Previous close$84.28
Open day’s range80.15 – 83.91
Net asset value (NAV)83.94 (10/18/2017)
Daily volume37,317
Average volume (3 months)1,319,093
Data as of 2:32pm ET, 10/19/2017

Peer Comparisonvs. Trading--leveraged equity ETFs

 LABUCategory
Performance 5-yr return--+16.48%
Expense Gross exp ratio1.11%2.04%
Risk 5 year sharpe ratio----
Net assets$325.0M$71.8M
Average market cap$4.7B--
Average P/E----
Dividend / Share--0.31%

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
-- 13.26%
-- 11.02%
-- 10.56%
-- 7.29%
XBI SPDR® S&P Biotech ETF6.23%
-- 1.90%