Price history, fund statistics and profile — an exchange-traded fund.
Direxion Daily S&P Biotech Bear 3X Shares (LABD) is an exchange-traded fund managed by Direxion Funds in the "Trading--Inverse Equity" category. It manages roughly $66 million in assets.
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.
Interactive chart & fund stats →
| Expense ratio | 1.07% |
| Trailing yield | 6.96% |
| Assets under management | $66 million |
| Fund category | Trading--Inverse Equity |
| Fund family | Direxion Funds |
| Inception | 2015-05-28 |
The live price chart, fund profile and news are in the interactive LABD viewer.
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