Direxion Daily S&P Biotech Bull 3X ETF (LABU)
83.86
-5.54
(-6.20%)
USD |
NYSEARCA |
Apr 25, 16:00
84.20
+0.34
(+0.41%)
After-Hours: 20:00
LABU Max Drawdown (5Y): 98.64% for March 31, 2024
Max Drawdown (5Y) Chart
Historical Max Drawdown (5Y) Data
| Date | Value |
|---|---|
| March 31, 2024 | 98.64% |
| February 29, 2024 | 98.64% |
| January 31, 2024 | 98.64% |
| December 31, 2023 | 98.64% |
| November 30, 2023 | 98.64% |
| October 31, 2023 | 98.64% |
| September 30, 2023 | 98.01% |
| August 31, 2023 | 97.62% |
| July 31, 2023 | 97.62% |
| June 30, 2023 | 97.62% |
| May 31, 2023 | 97.62% |
| April 30, 2023 | 97.62% |
| March 31, 2023 | 97.62% |
| February 28, 2023 | 97.62% |
| January 31, 2023 | 97.62% |
| December 31, 2022 | 97.62% |
| November 30, 2022 | 97.62% |
| October 31, 2022 | 97.62% |
| September 30, 2022 | 97.62% |
| August 31, 2022 | 97.62% |
| July 31, 2022 | 97.62% |
| June 30, 2022 | 97.62% |
| May 31, 2022 | 97.49% |
| April 30, 2022 | 95.56% |
| March 31, 2022 | 93.62% |
| Date | Value |
|---|---|
| February 28, 2022 | 93.62% |
| January 31, 2022 | 93.62% |
| December 31, 2021 | 93.62% |
| November 30, 2021 | 93.62% |
| October 31, 2021 | 93.62% |
| September 30, 2021 | 93.62% |
| August 31, 2021 | 93.62% |
| July 31, 2021 | 93.62% |
| June 30, 2021 | 93.62% |
| May 31, 2021 | 93.62% |
| April 30, 2021 | 93.62% |
| March 31, 2021 | 93.62% |
| February 28, 2021 | 93.62% |
| January 31, 2021 | 93.62% |
| December 31, 2020 | 93.62% |
| November 30, 2020 | 93.62% |
| October 31, 2020 | 93.62% |
| September 30, 2020 | 93.62% |
| August 31, 2020 | 93.62% |
| July 31, 2020 | 93.62% |
| June 30, 2020 | 93.62% |
| May 31, 2020 | 93.62% |
| April 30, 2020 | 93.62% |
| March 31, 2020 | 93.62% |
| February 29, 2020 | 91.05% |
Max Drawdown Definition
Max drawdown is an indicator of the risk of a portfolio chosen based on a certain strategy. It measures the largest single drop from peak to bottom in the value of a portfolio before a new peak is achieved.
Max Drawdown (5Y) Range, Past 5 Years
91.05%
Minimum
Apr 2019
98.64%
Maximum
Oct 2023
94.82%
Average
93.62%
Median
Mar 2020
Max Drawdown (5Y) Benchmarks
Max Drawdown (5Y) Related Metrics
| Alpha (5Y) | -75.51 |
| Beta (5Y) | 2.911 |
| Alpha (vs YCharts Benchmark) (5Y) | -75.51 |
| Beta (vs YCharts Benchmark) (5Y) | 2.911 |
| Annualized Standard Deviation of Monthly Returns (5Y Lookback) | 102.5% |
| Historical Sharpe Ratio (5Y) | -0.366 |
| Historical Sortino (5Y) | -0.7258 |
| Monthly Value at Risk (VaR) 5% (5Y Lookback) | 41.46% |