AUM $65.2MER 1.08%NAV $6.58Holdings 11Inception May 2015
Price Chart
Key Statistics
Previous Close
$5.90Day Range
$5.97$6.17
52-Week Range
$5.90$57.50
Avg Volume
17.1MDividend Yield
7.95%Expense Ratio
1.08%AUM
$65.2MShares 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 $65.2M 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 | — | S&P BIOTECHNOLOGY SELECT INDUSTRY INDEX SWAP | 165.80% | -13,284 | $-176231123 |
| 2 | — | DREYFUS TRSRY SECURITIES CASH MGMT | -3.13% | 3,329,379 | $3.3M |
| 3 | — | GOLDMAN SACHS FIN GOV 465 INSTITUT | -15.37% | 16,337,305 | $16.3M |
| 4 | — | DREYFUS GOVT CASH MAN INS | -20.82% | 22,130,367 | $22.1M |
| 5 | — | GOLDMAN FINL SQ TRSRY INST 506 | -26.48% | 28,141,128 | $28.1M |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | +2.03% | |
| 1W | -16.53% | |
| 1M | -31.31% | |
| 3M | -53.77% | |
| 6M | -66.01% | |
| YTD | -71.77% | |
| 1Y | -89.51% | |
| 3Y | -96.38% | |
| 5Y | -96.86% |
Moving Averages
20-Day MA
$7.59
Below 20-Day MA50-Day MA
$8.26
Below 50-Day MA200-Day MA
$15.89
Below 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$57.50
Current Price
$6.01
52-Week Low
$5.90
$5.90$57.50
Current Yield
7.95%
Annual Dividend
$0.4153
Frequency
4x/year
Last Ex-Date
Jun 23, 2026
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| 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 |
| Mar 19, 2019 | $0.0564 | Mar 26, 2019 |
Dividend Payments Over Time
Category Comparison
| Metric | LABD | Cash & Others(1019 ETFs) | Biotech(41 ETFs) |
|---|---|---|---|
| Fund Info | |||
| Expense Ratio | 1.08% | 0.62% | 0.84% |
| AUM | $65.2M | $2.98B | $1.86B |
| Dividend Yield | 7.95% | 9.29% | 1.97% |
| Avg Volume | 17.1M | 843.5K | 1.1M |
| Holdings | 11 | 399 | 65 |
| Performance | |||
| 1-Month Return | -36.83% | +1.52% | +11.19% |
| 6-Month Return | -60.16% | +4.85% | +26.77% |
| YTD Return | -71.98% | +5.87% | +27.34% |
| 1-Year Return | -71.88% | +3.99% | +23.91% |
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