LABD
Direxion Daily S&P Biotech Bear 3x Shares

Price: $7.18
Change: $0.0 (0.0%)
Category: Inverse Equities
Last Updated:

Vitals

Brand Direxion
Structure ETF
Expense Ratio 1.10%
ETF Home Page Home page
Inception May 28, 2015

Analyst Report

Pending

Download the FactSet Analyst Insight Report here.

ETF Database Themes

Category Inverse Equities
Inverse Yes
Leveraged -3x
Asset Class Equity
Asset Class Size Multi-Cap
Asset Class Style Growth
Sector (General) Healthcare
Sector (Specific) Biotechnology
Region (General) North America
Region (Specific) U.S.

FactSet Classifications

Segment Inverse Equity: U.S. Biotechnology
Category Sector
Focus Health Care
Niche Biotechnology
Strategy Equal
Weighting Scheme Equal

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $5.67
  • 52 Week Hi $29.47
  • AUM $107.7 M
  • Shares 15.0 M

Historical Trading Data

  • 1 Month Avg. Volume 14,165,360
  • 3 Month Avg. Volume 14,244,813

Alternative ETFs in the ETF Database Inverse Equities Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest SPDN 0.58% $160.4 M 4 M -9.01%
Largest (AUM) SQQQ 0.95% $2.8 B 131 M -35.55%
Most Liquid (Volume) SQQQ 0.95% $2.8 B 131 M -35.55%
Top YTD Performer BZQ 0.95% $9.7 M 13,062 50.89%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

LABD ETF Database Category Average FactSet Segment Average
Number of Holdings 1 3 1
% of Assets in Top 10 100.00% 94.93% 100.00%
% of Assets in Top 15 100.00% 93.96% 100.00%
% of Assets in Top 50 100.00% 93.51% 100.00%

Size Comparison

LABD ETF Database Category Average FactSet Segment Average
Large (>12.9B) N/A 0.00% N/A
Mid (>2.7B) N/A -0.03% N/A
Small (>600M) N/A 0.00% N/A
Micro (<600M) N/A 0.00% N/A

LABD Valuation

This section compares the P/E ratio of this ETF to its peers.

LABD
P/E Ratio
N/A
ETF Database Category Average
P/E Ratio
0.00
FactSet Segment Average
P/E Ratio
N/A

LABD Dividend

This section compares the dividend yield of this ETF to its peers.

LABD ETF Database Category Average FactSet Segment Average
Dividend $ 0.07 $ 0.37 $ 0.07
Dividend Date 2024-03-19 N/A N/A
Annual Dividend Rate $ 0.44 $ 0.77 $ 0.44
Annual Dividend Yield 6.16% 4.69% 6.16%

LABD Price and Volume Charts

View charts featuring LABD price and volume data.

LABD Fund Flows Charts

View charts featuring ETF fund flow data.

5 Day Net Flows: -5.95 M 1 Month Net Flows: 27.91 M 3 Month Net Flows: -122.45 M 6 Month Net Flows: 53.39 M 1 Year Net Flows: 1.63 M 3 Year Net Flows: 96.01 M 5 Year Net Flows: 238.05 M 10 Year Net Flows: 489.02 M

LABD Price vs Flows AUM Influence Charts

View charts that break down the influence that fund flows and price had on overall assets.