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LABD

ETF / Mutual Fund
Nyse American
Direxion Daily S&P Biotech Bear 3X Shares
Price Chart
Overview

About LABD

The fund, under normal circumstances, invests at least 80% of the fund’s net assets in financial instruments, including swap agreements, futures contracts, or short positions, that, in combination, provide 3X daily inverse (opposite) or short exposure to the index or to ETFs that track the index, consistent with the fund’s investment objective. The index is designed to measure the performance of the biotechnology sub-industry based on the GICS. The fund is non-diversified.

AUM
Volume
81.9M
Avg. Volume
80.6M
Expense Ratio
1.25%

Fund Information

Exchange
Nyse American
Sector
Risk & Correlation Analysis
Market Correlation
-2.88
Inversely Correlated
Volatility
High (0.74)
Relative to market

Macro Factor Sensitivities

Interest Rates
Medium Sensitivity
Inflation
High Sensitivity
GDP Growth
Medium Sensitivity
Liquidity
Low Sensitivity
Commodity Prices
Low Sensitivity
Credit Quality
High Sensitivity
Portfolio Impact
Forecasts & Predictions

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$XXX.XX
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12-Month Target
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Technical Analysis

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AI Sentiment Analysis

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Pricing info last updated July 14, 2025 (after market close)Other info last updated July 14, 2025