Direxion Daily S&P Biotech Bull 3x Shares (LABU)

NYSEARCA: LABU · IEX Real-Time Price · USD
10.00
-0.57 (-5.39%)
Aug 19, 2022 4:00 PM EDT - Market closed
-5.39%
Assets $1.30B
NAV $10.81
Expense Ratio 0.96%
PE Ratio n/a
Shares Out 120.66M
Dividend (ttm) n/a
Dividend Yield n/a
Ex-Dividend Date n/a
1-Year Return -79.39%
Volume 38,176,598
Open 10.15
Previous Close 10.57
Day's Range 9.79 - 10.47
52-Week Low 4.06
52-Week High 71.96
Beta 3.36
Holdings 149
Inception Date May 28, 2015

About LABU

The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments and securities of the index, exchange-traded funds (ETFs) that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index is designed to measure the performance of the biotechnology sub-industry based on the Global Industry Classification Standards (GICS). The fund is non-diversified.

Asset Class Portfolio-Multi Asset
Sector Biotech
Region Global
Issuer Direxion Investments
Stock Exchange NYSEARCA
Ticker Symbol LABU
Index Tracked S&P Biotechnology Select Industry Index

Top 10 Holdings

291.71% of assets
Name Symbol Weight
S&P BIOTECHNOLOGY SELECT INDUSTRY INDEX SWAP n/a 67.52%
S&P BIOTECHNOLOGY SELECT INDUSTRY INDEX SWAP n/a 48.48%
S&P BIOTECHNOLOGY SELECT INDUSTRY INDEX SWAP n/a 44.10%
S&P BIOTECHNOLOGY SELECT INDUSTRY INDEX SWAP n/a 30.56%
S&P BIOTECHNOLOGY SELECT INDUSTRY INDEX n/a 28.95%
DREYFUS GOVT CASH MGMT n/a 28.42%
S&P BIOTECHNOLOGY SELECT INDUSTRY INDEX SWAP n/a 18.68%
GOLDMAN FS GOVT INST n/a 10.28%
DREYFUS GOVT CASH MGMT n/a 8.55%
S&P BIOTECHNOLOGY SELECT INDUSTRY INDEX SWAP n/a 6.16%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Dec 23, 2019 $0.00531 Dec 31, 2019
Sep 24, 2019 $0.01084 Oct 1, 2019
Jun 25, 2019 $0.03745 Jul 2, 2019
Mar 19, 2019 $0.10973 Mar 26, 2019
Dec 27, 2018 $0.09621 Jan 4, 2019
Sep 25, 2018 $0.0954 Oct 2, 2018
Full Dividend History

News

Top Performing Leveraged/Inverse ETFs: 08/07/2022

Top Performing Levered/Inverse ETFs Last Week These were last week's top-performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Best Inverse/Leveraged ETFs of Last Week

Wall Street was moderate last week. oil prices too faded lately.

Other symbols: TARK

Biotech Sector Is Garnering Interest From Investors Again

The biotech sector has been rallying as of late, evidenced by the S&P 500 Biotechnology Index up close to 9% within the past month. Of course, as we've seen so far in 2022, rallies are difficult to sust...

Top Performing Leveraged/Inverse ETFs: 07/10/2022

Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Top Performing Leveraged/Inverse ETFs: 06/26/2022

Top Performing Levered/Inverse ETFs Last Week These were last week's top-performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

S&P 500's Second-Best Week in 2022: Best Leveraged ETFs

U.S. stocks saw a massive jump on the final trading session of last week, making the week successful one.

Other symbols: KOLDWEBL

Top Performing Leveraged/Inverse ETFs: 04/03/2022

Top Performing Levered/Inverse ETFs Last Week These were last week's top-performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

3 Leveraged ETF Stocks to Buy During This Extreme Uncertainty

Here are 3 stocks to buy on dips from scary geopolitical risks from Russia. These leveraged ETFs move extremely fast so bring your Dramamine.

Other symbols: TNATQQQ

Taking On Volatility With Geared ETFs

Direxion's Dave Mazza is seeing many traders using inverse and leveraged ETFs in the recent market movement.

Other symbols: SOXL

3 Biotech Stocks to Buy That Are Under Severe Pressure

The biotech sector is prone to surprise headlines. But these biotech stocks to buy today have had fallen so much that they hit bottom.

Other symbols: BIIBXBI

5 Best Leveraged ETFs of Last Week

The S&P 500 hit to record close last week, as investors gained optimism from some of President Joe Biden's encouraging announcements regarding booster shots and testing kits.

Other symbols: OOTOSOXLURTY

Biotech Belonged to the Bears in Second Half of 2021

A bearish sentiment in biotechnology took over in the second half of 2021, providing gains for the Direxion Daily S&P Biotech Bear 3X Shares (LABD). LABD climbed almost 21% in the second half of 2021, g...

Other symbols: LABD

Top Performing Leveraged/Inverse ETFs: 12/19/2021

Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Omicron Variant Is Boosting This Leveraged Biotech ETF

The Omicron variant re-asserted the strength of biotech equities, making the Direxion Daily S&P Biotech Bull 3x Shares (LABU) an option for traders. As investors turned up the risk dial, COVID-19 cases ...

Best Leveraged ETF Areas of Last Week

Wall Street was at the record high last week due to upbeat corporate earnings, strong jobs data and Pfizer's pill study.

5 Best-Performing Leveraged ETFs of August

The MSCI's broadest index of world stocks on its best run of monthly gains since 2017-2018.

Other symbols: INDLTECLTQQQ

7 Best Leveraged ETF Areas of Last Week

Wall Street was upbeat last week. News of zero new cases in China, U.S. FDA's full approval of Pfizer-BioNTech Covid-19 vaccine and no new flare-up in taper talks led to the gains.

Other symbols: CWEBGUSHHIBLSILXSOXL

Tap the Red Hot Biotech Sector With These 2 Leveraged ETFs

Investors could easily tap the bullish trend by considering a near-term long on the biotech sector.

Other symbols: BIB

A Biotech ETF For Aggressive, Risk-Tolerant Investors

The biotechnology sector has been on fire thanks to news from Biogen Inc. (NASDAQ: BIIB). The FDA approved its controverisal drug that can treat Alzheimer's Disease.

These 3 Popular ETFs Are Geared Toward Tactical Plays

Direxion's weekly ETF fund flows could shed light on what traders are thinking. The top three point to interest in long-term bond prices, biotech strength, and semiconductor weakness.

Other symbols: SOXSTMV

Biden's Infrastructure Can Put These 2 Leveraged Funds in Play

U.S. president Joe Biden's infrastructure plan is opening up ETF trading possibilities from multiple angles. One way is playing its healthcare component via funds like the Direxion Daily Healthcare Bull...

Other symbols: CURE

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Investors flocked to leveraged ETFs to cash in on the opportunity offered by an improving economy and a rising stock market.

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6 Leveraged ETF Areas Up At Least 20% Last Week

Solid corporate earnings and expectations of a fat stimulus by U.S. President Joe Biden's administration have renewed the appeal for the riskier assets last week.

Other symbols: DPSTHIBLTNAURTYUSOWEBL