AUM $64.1MER 1.08%NAV $8.06Holdings 11Inception May 2015
Price Chart
Key Statistics
Previous Close
$7.41Day Range
$7.04$7.48
52-Week Range
$5.90$32.65
Avg Volume
25.3MDividend Yield
7.95%Expense Ratio
1.08%AUM
$64.1MShares Outstanding
2.3METF Grades
?ETF Grades compare this fund against others in the same category using percentile rankings across six factors. Grades range from A+ (top 5%) to F (bottom 20%). Updated daily.Sector Breakdown
| Sector | Weight % |
|---|---|
| Cash & Others | 100.00% |
Country Allocation
| Country | Weight % |
|---|---|
| Other | 100.00% |
Fund Information
- Issuer
- Direxion
- Category
- Cash & Others
- Inception Date
- May 28, 2015
- Exchange
- NYSE_ARCA
- Description
- The Direxion Daily S&P Biotech Bull and Bear 3X ETFs seek daily investment results, before fees and expenses, of 300%, or 300% of the inverse (or opposite), of the performance of the S&P Biotechnology Select Industry Index. There is no guarantee the funds will achieve their stated investment objectives.
Similar ETFs
The Direxion Daily S&P Biotech Bear 3X ETF (LABD) is an exchange-traded fund issued by Direxion that launched on May 28, 2015. It currently manages $64.1M in assets under management. The fund charges an expense ratio of 1.08%. The fund holds 11 securities in its portfolio. It falls under the Cash & Others category.
Top 10 holdings represent 100.0% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | — | SPSIBI SWAP ASSET LEG (SPSIBIMLS) | 79.94% | -8,957 | $-105033096 |
| 2 | — | SPSIBI SWAP ASSET LEG (SPSIBICTS) | 23.06% | -2,584 | $-30300940 |
| 3 | — | SPSIBI SWAP ASSET LEG (SPSIBIBCS) | 17.85% | -2,000 | $-23452740 |
| 4 | — | SPSIBI SWAP ASSET LEG (SPSIBIGSS) | 12.39% | -1,388 | $-16276201 |
| 5 | — | SPSIBI SWAP ASSET LEG (SPSIBIUBS) | 9.96% | -1,116 | $-13086628 |
| 6 | — | SPSIBI SWAP ASSET LEG (SPSIBIJPS) | 3.29% | -369 | $-4327030 |
| 7 | — | DREYFUS TRSRY SECURITIES CASH MGMT | -2.60% | 3,421,647 | $3.4M |
| 8 | — | GOLDMAN SACHS FIN GOV 465 INSTITUT | -3.50% | 4,597,305 | $4.6M |
| 9 | — | DREYFUS GOVT CASH MAN INS | -15.67% | 20,584,134 | $20.6M |
| 10 | — | GOLDMAN FINL SQ TRSRY INST 506 | -24.72% | 32,479,605 | $32.5M |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | +0.13% | |
| 1W | -13.66% | |
| 1M | +13.72% | |
| 3M | -14.94% | |
| 6M | -47.65% | |
| YTD | -64.96% | |
| 1Y | -77.15% | |
| 3Y | -97.34% | |
| 5Y | -96.55% |
Moving Averages
20-Day MA
$7.76
Below 20-Day MA50-Day MA
$7.22
Above 50-Day MA200-Day MA
$12.71
Below 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$32.65
Current Price
$7.42
52-Week Low
$5.90
$5.90$32.65
Current Yield
7.95%
Annual Dividend
$0.4600
Frequency
4x/year
Last Ex-Date
Sep 22, 2026
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| Sep 22, 2026 | $0.0707 | Sep 29, 2026 |
| Jun 23, 2026 | $0.0752 | Jun 30, 2026 |
| Mar 24, 2026 | $0.0854 | Mar 31, 2026 |
| Dec 23, 2025 | $0.2287 | Dec 31, 2025 |
| Sep 23, 2025 | $0.0260 | Sep 30, 2025 |
| Jun 24, 2025 | $0.0370 | Jul 1, 2025 |
| Mar 25, 2025 | $0.0546 | Apr 1, 2025 |
| Dec 23, 2024 | $0.1264 | Dec 31, 2024 |
| Sep 24, 2024 | $0.0577 | Oct 1, 2024 |
| Jun 25, 2024 | $0.0890 | Jul 2, 2024 |
| Mar 19, 2024 | $0.0664 | Mar 26, 2024 |
| Dec 21, 2023 | $0.0846 | Dec 29, 2023 |
| Sep 19, 2023 | $0.1915 | Sep 26, 2023 |
| Jun 21, 2023 | $0.0998 | Jun 28, 2023 |
| Mar 21, 2023 | $0.2182 | Mar 28, 2023 |
| Dec 20, 2022 | $0.0918 | Dec 28, 2022 |
| Mar 24, 2020 | $0.0498 | Mar 31, 2020 |
| Dec 23, 2019 | $0.0139 | Dec 31, 2019 |
| Sep 24, 2019 | $0.0585 | Oct 1, 2019 |
| Jun 25, 2019 | $0.0874 | Jul 2, 2019 |
Dividend Payments Over Time
Category Comparison
| Metric | LABD | Cash & Others(1140 ETFs) | Biotech(41 ETFs) |
|---|---|---|---|
| Fund Info | |||
| Expense Ratio | 1.08% | 0.67% | 0.86% |
| AUM | $64.1M | $1.85B | $1.84B |
| Dividend Yield | 7.95% | 9.56% | 1.97% |
| Avg Volume | 25.3M | 759.2K | 1.4M |
| Holdings | 11 | 251 | 63 |
| Performance | |||
| 1-Month Return | +13.72% | -1.95% | -1.63% |
| 6-Month Return | -53.81% | +6.46% | +21.82% |
| YTD Return | -64.58% | +1.62% | +20.41% |
| 1-Year Return | -62.63% | +1.09% | +16.65% |
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