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

22.04
Delayed Data
As of Jul 17
 -0.89 / -3.88%
Today’s Change
21.52
Today|||52-Week Range
75.00
-52.19%
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-7.32% 3 years-54.84%
3 months-31.41% 5 years--
1 year-63.89% Since inception-59.81%
Data through 07/17/2018

Quote Details

Previous close$22.93
Open day’s range21.92 – 23.25
Net asset value (NAV)23.04 (07/16/2018)
Daily volume1,354,793
Average volume (3 months)1,287,768
Data as of 8:00pm ET, 07/17/2018

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$69.6M$4.0M
Average market cap----
Average P/E----
Dividend / Share--0.35%

Competitors

SH ProShares Short S&P500
SDS ProShares UltraShort S&P500
SPXU ProShares UltraPro Short S&P500

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
Holdings not available.