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

3.24
Delayed Data
As of Feb 23
 -0.14 / -4.14%
Today’s Change
2.85
Today|||52-Week Range
12.59
-29.72%
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+5.56% 3 years--
3 months-39.40% 5 years--
1 year-73.42% Since inception-60.11%
Data through 02/24/2018

Quote Details

Previous close$3.38
Open day’s range3.24 – 3.51
Net asset value (NAV)3.23 (02/23/2018)
Daily volume9,730,832
Average volume (3 months)7,569,066
Data as of 8:00pm ET, 02/23/2018

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.