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

Delayed Data
As of Aug 15
 +1.51 / +5.88%
Today’s Change
Today|||52-Week Range

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.


1 month+24.45% 3 years-58.76%
3 months-6.77% 5 years--
1 year-60.24% Since inception-56.65%
Data through 08/16/2018

Quote Details

Previous close$25.70
Open day’s range25.96 – 27.62
Net asset value (NAV)27.28 (08/15/2018)
Daily volume1,454,077
Average volume (3 months)1,343,264
Data as of 8:00pm ET, 08/15/2018

Peer Comparisonvs. Trading--inverse equity ETFs

Performance 5-yr return---29.79%
Expense Gross exp ratio1.14%1.94%
Risk 5 year sharpe ratio----
Net assets$60.9M$3.4M
Average market cap----
Average P/E----
Dividend / Share--0.35%


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


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