Direxion Daily S&P Biotech Bull 3X Shares (LABU)

94.04 -4.25 (-4.32%) USD  |  NYSEARCA  |  Dec 27, 16:00
93.70 -0.34 (-0.36%) After-Hours: 20:00
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LABU Max Drawdown (5Y): 98.64% for Nov. 30, 2024

Max Drawdown (5Y) Chart

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Historical Data

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Max Drawdown Definition

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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.

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Max Drawdown (5Y) Range, Past 5 Years

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Max Drawdown (5Y) Benchmarks

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ProShares Ultra Financials 69.99%
ProShares Ultra Technology 67.55%
ProShares Ultra Russell2000 71.47%
Direxion Daily Gold Miners Index Bull 2X Shares 96.07%
ProShares UltraPro Dow30 80.29%

Max Drawdown (5Y) Related Metrics

Alpha (5Y) -75.78
Beta (5Y) 2.860
Alpha (vs YCharts Benchmark) (5Y) -67.09
Beta (vs YCharts Benchmark) (5Y) 1.914
Annualized Standard Deviation of Monthly Returns (5Y Lookback) 100.9%
Historical Sharpe Ratio (5Y) -0.3724
Historical Sortino (5Y) -0.7176
Monthly Value at Risk (VaR) 5% (5Y Lookback) 41.46%