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

5.25
Delayed Data
As of 4:10pm ET
 +0.26 / +5.21%
Today’s Change
4.22
Today|||52-Week Range
19.45
-72.30%
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-3.29% 3 years--
3 months-1.77% 5 years--
1 year-70.53% Since inception-56.01%
Data through 12/12/2017

Quote Details

Previous close$4.99
Open day’s range4.96 – 5.29
Net asset value (NAV)4.99 (12/11/2017)
Daily volume6,833,487
Average volume (3 months)5,872,098
Data as of 4:10pm ET, 12/12/2017

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$75.2M$3.4M
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.