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

3.93
Delayed Data
As of Jan 19
 0.00 / 0.00%
Today’s Change
3.77
Today|||52-Week Range
16.48
-14.75%
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-24.90% 3 years--
3 months-17.12% 5 years--
1 year-73.30% Since inception-58.49%
Data through 01/20/2018

Quote Details

Previous close$3.93
Open day’s range3.91 – 4.09
Net asset value (NAV)3.92 (01/19/2018)
Daily volume4,192,492
Average volume (3 months)5,768,354
Data as of 8:00pm ET, 01/19/2018

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$85.2M$2.5M
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.