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

4.72
Delayed Data
As of Oct 20
 0.00 / 0.00%
Today’s Change
4.22
Today|||52-Week Range
31.70
-75.09%
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-2.27% 3 years--
3 months-22.17% 5 years--
1 year-79.00% Since inception-58.99%
Data through 10/21/2017

Quote Details

Previous close$4.72
Open day’s range4.68 – 4.88
Net asset value (NAV)4.74 (10/20/2017)
Daily volume3,499,282
Average volume (3 months)6,403,722
Data as of 7:59pm ET, 10/20/2017

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$110.7M$3.3M
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.