LABD
Direxion Daily S&P Biotech Bear 3X ETF
$7.43
+0.09
(+1.23%)
AUM
$99.87M
Expense Ratio
1.08%
NAV
$7.34
Holdings
11
Asset Class
Leveraged/Inverse
Inception
05/28/2015
Provider
Direxion
Top Holdings
Fund Description
The Direxion Daily S&P Biotech Bull and Bear 3X ETFs are designed to deliver daily investment returns reflecting triple (300%) the performance of the S&P Biotechnology Select Industry Index, or triple its inverse (opposite) performance, before factoring in any fees or expenses. It's important to note, however, that there is no assurance these funds will successfully achieve their intended daily objectives.