
Direxion Daily S&P Biotech Bear 3X ETF (LABD)
LABD Price Chart
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LABD ETF Profile
Key details and information about Direxion Daily S&P Biotech Bear 3X ETF (LABD).
Sector Focus
Financial Services
Industry
Asset Management - Leveraged
Inception Date
28 May 2015
Country
US
Description
The Direxion Daily S&P Biotech Bull and Bear 3X ETFs are designed to deliver daily investment returns reflecting triple (300%) the performance of the S&P Biotechnology Select Industry Index, or triple its inverse (opposite) performance, before factoring in any fees or expenses. It's important to note, however, that there is no assurance these funds will successfully achieve their intended daily objectives.
LABD ETF Performance
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