Direxion Daily S&P Biotech Bear 3X Shares (LABD)
- Expense ratio1.15%
- Net assets$78.2M
- Dividend yield6.80%
- 1-year return-77.53%
- Holdings2
LABD ETF price chart
LABD quote & trading statistics
LABD performance
Annual returns & drawdowns →- YTD-64.50%
- 1 year-77.53%
- 3 years-67.36%/yr
- 5 years-48.47%/yr
- 10 years-56.15%/yr
- 1Y volatility
- 58.01%
- 3Y volatility
- 72.61%
- 3Y Sharpe ratio
- -1.17
Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.
LABD top 2 holdings
| # | Symbol | Name | Weight |
|---|---|---|---|
| 1 | DAPXX | Dreyfus Government Securities Cash Management Administrative Shares | 62.27% |
| 2 | FGTXX | Goldman Sachs Financial Square Government Fund Institutional Shares | 12.99% |
The top 2 holdings make up 75.3% of the fund (2 holdings in total). As of October 25, 2026.
About Direxion Daily S&P Biotech Bear 3X Shares
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.
LABD ETF FAQ
What is the LABD expense ratio?
Direxion Daily S&P Biotech Bear 3X Shares has a net expense ratio of 1.15%, or $115.00 a year for every $10,000 invested.
How much money is in LABD?
Direxion Daily S&P Biotech Bear 3X Shares has about $78.2M in net assets.
What are the top holdings of LABD?
The largest positions in LABD are Dreyfus Government Securities Cash Management Administrative Shares (62.27%), Goldman Sachs Financial Square Government Fund Institutional Shares (12.99%). The fund holds 2 securities in total.
How has LABD performed?
LABD returned -77.53% over the past year and -48.47% a year over the past five years, including reinvested distributions.
Does LABD pay dividends?
LABD has a dividend yield of 6.80% and pays distributions quarterly.
When was LABD launched?
Direxion Daily S&P Biotech Bear 3X Shares began trading on May 28, 2015.