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

25.34
BATS BZX Real-Time Price
As of 2:46pm ET
 -1.58 / -5.87%
Today’s Change
21.52
Today|||52-Week Range
74.30
-45.03%
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+22.13% 3 years-60.67%
3 months-3.95% 5 years--
1 year-62.82% Since inception-56.64%
Data through 08/21/2018

Quote Details

Previous close$26.92
Open day’s range25.19 – 26.75
Net asset value (NAV)26.99 (08/20/2018)
Daily volume45,789
Average volume (3 months)1,325,329
Data as of 2:46pm ET, 08/21/2018

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$60.9M$3.4M
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.