Direxion Daily S&P Biotech Bull 3X Shares (LABU)
57.61
-1.25
(-2.12%)
USD |
NYSEARCA |
Jun 25, 16:00
57.61
0.00 (0.00%)
After-Hours: 20:00
Key Stats
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Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
0.93% | -0.05% | 580.66M | 2.015M |
Weighted Average Dividend Yield | Turnover Ratio (Generic) | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
0.24% | 179.0% | -245.55M | Upgrade |
Basic Info
Investment Strategy | |
The Fund seeks daily investment results of 300% of the performance of the S&P Biotechnology Select Industry Index. The Fund creates long positions by investing at least 80% of its assets in the securities that comprise the Index and/or financial instruments that provide leveraged and unleveraged exposure to the Index. |
General | |
Security Type | Exchange-Traded Fund |
Broad Asset Class | Miscellaneous |
Broad Category | Equity |
Global Peer Group | Alternative Equity Leveraged |
Peer Group | Equity Leverage Funds |
Global Macro | Alternative Equity |
US Macro | Large-Cap Funds |
YCharts Categorization | -- |
YCharts Benchmark | -- |
Prospectus Objective | Equity Leverage Funds |
Fund Owner Firm Name | Direxion |
Broad Asset Class Benchmark Index | |
^SPXTR | 100.0% |
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of June 26, 2025.
Asset Allocation
As of May 31, 2025.
Type | % Net |
---|---|
Cash | 4.24% |
Stock | 73.82% |
Bond | 38.05% |
Convertible | 0.00% |
Preferred | 0.00% |
Other | -16.11% |
Basic Info
Investment Strategy | |
The Fund seeks daily investment results of 300% of the performance of the S&P Biotechnology Select Industry Index. The Fund creates long positions by investing at least 80% of its assets in the securities that comprise the Index and/or financial instruments that provide leveraged and unleveraged exposure to the Index. |
General | |
Security Type | Exchange-Traded Fund |
Broad Asset Class | Miscellaneous |
Broad Category | Equity |
Global Peer Group | Alternative Equity Leveraged |
Peer Group | Equity Leverage Funds |
Global Macro | Alternative Equity |
US Macro | Large-Cap Funds |
YCharts Categorization | -- |
YCharts Benchmark | -- |
Prospectus Objective | Equity Leverage Funds |
Fund Owner Firm Name | Direxion |
Broad Asset Class Benchmark Index | |
^SPXTR | 100.0% |