LABD — Direxion Daily S&P Biotech Bear 3x Shares
Direxion Daily S&P Biotech Bear 3x Shares (ticker: LABD) is a equity ETF issued by Rafferty Asset Management tracking S&P Biotechnology Select Industry (-300%). It was launched on 2015-05-28.
Returns (Total Return)
| Period | Return |
|---|---|
| 1 Day | -4.73% |
| 1 Week | 9.61% |
| 1 Month | -2.58% |
| 3 Months | -24.02% |
| 6 Months | -32.34% |
| YTD | -30.15% |
| 1 Year | -80.59% |
| 3 Years | -87.59% |
| 5 Years | -93.24% |
| 10 Years | — |
| Since Inception | — |
Top Holdings
| # | Security | Symbol | Weight |
|---|---|---|---|
| 1 | GOLDMAN FINL SQ TRSRY INST 506 | X9USDGSFC | 59.13% |
| 2 | GOLDMAN FINL SQ TRSRY INST 506 | X9USDGSFC | 59.13% |
| 3 | GOLDMAN FINL SQ TRSRY INST 506 | X9USDGSFC | 59.13% |
| 4 | GOLDMAN FINL SQ TRSRY INST 506 | X9USDGSFC | 59.13% |
| 5 | GOLDMAN FINL SQ TRSRY INST 506 | X9USDGSFC | 55.53% |
| 6 | GOLDMAN FINL SQ TRSRY INST 506 | X9USDGSFC | 55.53% |
| 7 | GOLDMAN FINL SQ TRSRY INST 506 | X9USDGSFC | 55.53% |
| 8 | GOLDMAN FINL SQ TRSRY INST 506 | X9USDGSFC | 55.53% |
| 9 | GOLDMAN FINL SQ TRSRY INST 506 | X9USDGSFC | 55.53% |
| 10 | GOLDMAN FINL SQ TRSRY INST 506 | X9USDGSFC | 55.53% |
Fund Profile
| Issuer | Rafferty Asset Management |
|---|---|
| Brand | Direxion |
| Asset Class | equity |
| Strategy | Equal |
| Structure | ETF |
| Category | Inverse Equities |
| Segment | Inverse Equity: U.S. Biotechnology |
| Sector | Biotechnology |
| Region | North America |
| Index Tracked | S&P Biotechnology Select Industry (-300%) |
| Inception Date | 2015-05-28 |
| Tax on Distributions | Ordinary income |
Quick Facts
| Ticker | LABD |
|---|---|
| Full Name | Direxion Daily S&P Biotech Bear 3x Shares |
| Issuer | Rafferty Asset Management |
| Asset Class | equity |
| Expense Ratio | 0.01% |
| AUM | $99.74M |
| Inception | 2015-05-28 |
| Index Tracked | S&P Biotechnology Select Industry (-300%) |
Frequently Asked Questions
What does LABD track?
LABD (Direxion Daily S&P Biotech Bear 3x Shares) tracks S&P Biotechnology Select Industry (-300%), a equity benchmark.
What is the expense ratio of LABD?
LABD has an expense ratio of 0.01% per year.
What is the AUM of LABD?
LABD has approximately $99.74M in assets under management.
Does LABD pay a dividend?
LABD distributes income according to its prospectus (Ordinary income tax treatment). Check the dividend history tab for ex-dividend dates and yield.
Who issues LABD?
LABD is issued by Rafferty Asset Management under the Direxion brand, launched on 2015-05-28.
Open the interactive LABD dashboard for charts, historical fund flows, holdings breakdown and seasonality patterns.