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LABU — Direxion Daily S&P Biotech Bull 3x Shares

Direxion Daily S&P Biotech Bull 3x Shares (ticker: LABU) is a equity ETF issued by Rafferty Asset Management tracking S&P Biotechnology Select Industry Index (300%). It was launched on 2015-05-28.

Live Price$179.22
Change8.32%
AUM$437.97M
Expense Ratio0.01%
Avg Volume582,270.45

Returns (Total Return)

PeriodReturn
1 Day4.61%
1 Week-11.05%
1 Month-4.70%
3 Months5.48%
6 Months3.10%
YTD3.80%
1 Year194.33%
3 Years24.70%
5 Years-86.25%
10 Years
Since Inception

Top Holdings

#SecuritySymbolWeight
1 OMNIAB INC - 12.5 EARNOUT 2200963
2 OMNIAB INC - 15.00 EARNOUT 68218J301
3 INHIBRX INC CVR 457CVR017
4 DREYFUS TRSRY SECURITIES CASH MGMT X9USDDTP3
5 OMNIAB INC - 15.00 EARNOUT 68218J301
6 OMNIAB INC - 12.5 EARNOUT 68218J202
7 OMNIAB INC - 12.5 EARNOUT 68218J202
8 DREYFUS TRSRY SECURITIES CASH MGMT X9USDDTP3
9 INHIBRX INC CVR 457CVR017
10 OMNIAB INC - 15.00 EARNOUT 2200964

Fund Profile

IssuerRafferty Asset Management
BrandDirexion
Asset Classequity
StrategyEqual
StructureETF
CategoryLeveraged Equities
SegmentLeveraged Equity: U.S. Biotechnology
SectorBiotechnology
RegionNorth America
Index TrackedS&P Biotechnology Select Industry Index (300%)
Inception Date2015-05-28
Tax on DistributionsOrdinary income

Quick Facts

TickerLABU
Full NameDirexion Daily S&P Biotech Bull 3x Shares
IssuerRafferty Asset Management
Asset Classequity
Expense Ratio0.01%
AUM$437.97M
Inception2015-05-28
Index TrackedS&P Biotechnology Select Industry Index (300%)

Frequently Asked Questions

What does LABU track?

LABU (Direxion Daily S&P Biotech Bull 3x Shares) tracks S&P Biotechnology Select Industry Index (300%), a equity benchmark.

What is the expense ratio of LABU?

LABU has an expense ratio of 0.01% per year.

What is the AUM of LABU?

LABU has approximately $437.97M in assets under management.

Does LABU pay a dividend?

LABU distributes income according to its prospectus (Ordinary income tax treatment). Check the dividend history tab for ex-dividend dates and yield.

Who issues LABU?

LABU is issued by Rafferty Asset Management under the Direxion brand, launched on 2015-05-28.

Open the interactive LABU dashboard for charts, historical fund flows, holdings breakdown and seasonality patterns.