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

28.07
Delayed Data
As of May 18
 +0.16 / +0.57%
Today’s Change
27.10
Today|||52-Week Range
113.20
-39.11%
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-10.48% 3 years--
3 months-13.69% 5 years--
1 year-71.32% Since inception-59.11%
Data through 05/19/2018

Quote Details

Previous close$27.91
Open day’s range27.46 – 28.80
Net asset value (NAV)28.10 (05/18/2018)
Daily volume981,336
Average volume (3 months)1,096,650
Data as of 3:59pm ET, 05/18/2018

Peer Comparisonvs. Trading--inverse equity ETFs

 LABDCategory
Performance 5-yr return---29.79%
Expense Gross exp ratio1.14%1.94%
Risk 5 year sharpe ratio----
Net assets$61.7M$3.4M
Average market cap--$14.8B
Average P/E--16.1
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.