Direxion Daily S&P Biotech Bear 3x Shares ETF (LABD)
Description
The investment seeks to track the performance of the S&P Biotechnology Select Industry Index. The LABD ETF contains constituents. It is focused on growth holdings in the region.
Price $25.25 as of 2022-10-20Cost/Risk/Yield
| Dividend yield | |
| Expense ratio | 1.06% |
| Average spread | 0.079% |
| 1Y roundtrip cost | 1.139% |
Historic prices
Total Returns (including dividends)
Monthly returns heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 50.7% | 3.3% | -12.4% | 63.8% | -1.5% | -31.2% | -30.2% | -17.8% | 7.1% | 5.5% | 37.3% | ||
| 2021 | -24.8% | 2.5% | 11.5% | -6.7% | 16.2% | -18.2% | 27.0% | -23.6% | 13.8% | 0.1% | 19.0% | 1.4% | 18.4% |
| 2020 | 19.8% | -4.9% | 0.4% | -50.9% | -32.3% | -25.9% | 2.9% | -10.7% | -6.4% | -9.2% | -42.3% | -19.2% | -178.7% |
| 2019 | -41.1% | -19.5% | -9.0% | 16.5% | 19.0% | -29.0% | 5.8% | 16.7% | 14.2% | -19.4% | -35.3% | -6.3% | -87.6% |
| 2018 | -28.6% | 5.2% | 5.5% | -2.6% | -26.2% | -1.1% | -1.7% | -14.9% | 13.0% | 61.0% | -16.6% | 31.2% | 24.1% |
| 2017 | -28.1% | -23.3% | 0.1% | -9.9% | 14.3% | -36.0% | -5.5% | -21.8% | -9.8% | 9.6% | -0.6% | -8.0% | -118.9% |
| 2016 | 130.6% | 5.5% | -29.7% | -17.5% | -26.0% | 12.8% | -36.6% | 5.3% | -29.3% | 58.4% | -39.0% | 13.5% | 47.9% |
| 2015 | -18.2% | -8.4% | 36.7% | 44.9% | -28.0% | -25.5% | 1.3% | 2.9% | |||||
| 78.4% | -31.3% | -33.6% | -7.4% | -36.4% | -146.7% | -46.7% | -30.0% | 47.4% | 78.0% | -140.3% | 13.9% |
Historical Dividends
Monthly dividend heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 1.00 | 1.00 | |||||||||||
| 2019 | 1.12 | 1.74 | 1.18 | 0.28 | 4.32 | ||||||||
| 2018 | 0.80 | 0.48 | 1.72 | 3.82 | 6.82 | ||||||||
| 0.00 | 0.00 | 2.92 | 0.00 | 0.00 | 2.22 | 0.00 | 0.00 | 2.90 | 0.00 | 0.00 | 4.10 |
Sectors and Top Holdings
| Security | % Assets |
|---|---|
| Goldman Sachs Trust Financial Square Treasury Instruments Fund Institutional | 55.17% |
| U.S. Dollar | 36.26% |
| Dreyfus Government Cash Management Funds Institutional | 8.58% |
| Top 3 Weights | 100.01% |
Compare with similar ETFs
| LABD | FNGD | FNGZ | SRTY | TZA | WEBS | |
|---|---|---|---|---|---|---|
| Product name | Direxion Daily S&P Biotech Bear 3x Shares ETF | BMO REX MicroSectors FANG+ Index -3X Inverse Leveraged ETN | MicroSectors FANG+ Index -2X Inverse Leveraged ETN | UltraPro Short Russell2000 ETF | Direxion Daily Small Cap Bear 3x Shares ETF | Daily Dow Jones Internet Bear 3X Shares |
| Issuer | Direxion | REX Microsectors | REX Microsectors | ProShares | Direxion | Direxion |
| Price | $25.25 | $65.225 | $2.43 | $64.09 | $41.47 | $38.27 |
| Expense Ratio | 1.06% |  0.95% | 0.95% | 0.95% |  1.07% | 1.07% |
| Average Spread | 0.079% | 0.015% | 0.412% | 0.016% | 0.024% | 0.052% |
| AUM | $63,325,800 | $2,268,220,000 | $2,368,220 | $1,053,800,000 | $845,138,000 | $12,124,100 |
| Shares | 2,507,953 | 34,775,281 | 974,576 | 16,442,432 | 20,379,491 | 316,804 |
| Average Daily Volume | 12,946,585 | 1,304,797 | 30,946 | 1,269,490 | 11,871,560 | 580,007 |
| Home page | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site |
| Inception Date | 2015-05-28 | 2018-01-22 | 2018-08-01 | 2010-02-11 | 2008-11-05 | 2019-11-07 |
| Index Tracked | S&P Biotechnology Select Industry Index | NYSE FANG+ Index | NYSE FANG+ Index | Russell 2000 Index | Russell 2000 Index | Dow Jones Internet Composite Index |
| Category | Leveraged Equities | Leveraged Equities | Leveraged Equities | Leveraged Equities | Leveraged Equities | Leveraged Equities |
| Asset Class | Equity | Equity | Equity | Equity | Equity | Equity |
| Asset Class Size | ||||||
| Value or Growth | Growth | Blend | Blend | Blend | ||
| Region | ||||||
| Countries | U.S. | U.S. | U.S. | U.S. | U.S. | |
| Annual Dividend Rate | $0 | $0 | $0 | $0 | $0 | $0 |
| Annual Dividend Yield | 0.000% | 0.000% | 0.000% | 0.000% | 0.000% | 0.000% |
| Number of Holdings | ||||||
| YTD Return | -1.90% | 67.93% | 0.00% | 52.41% | 53.37% | 124.95% |
| Beta | -3.57 | -3.46 | -2.17 | -2.08 | -1.49 | -3.20 |
| Upside Beta | -3.29 | -2.40 | -0.76 | 0.28 | -0.12 | -1.56 |
| Downside Beta | 1.91 | -3.20 | -2.13 | 0.13 | -0.18 | -1.69 |
| Volatility 1Y | 137.39% | 119.74% | 47.34% | 82.21% | 82.00% | 117.66% |
| Sharpe Ratio 3Y | -0.48 | -0.56 | -1.00 | -0.60 | -0.59 | 0.00 |
| Treynor Ratio 3Y | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | 0.00 |