LABD Price Forecast & ETF Analysis. Dividend · Expense Ratio · Holdings · NAV · RSI · MACD | US Stocks Today
Oct 28 at 5:15 AM ET (Korea 10/28 18:15)
Full metrics table
| Category | Equity - Leveraged / Inverse | Expense | 1.07% | Return% 1Y | -75.12% | Total Holdings | 11 | Perf Week | -3.64% | Volume | 19,191,538 |
| Asset Type | Equities (Stocks) | AUM | $78M | Return% 3Y | -67.82% | NAV | $7.81 | Perf Month | -0.56% | Avg Volume | 19.74M |
| ETF Type | US Equities | Dividend TTM | $0.46 (6.44%) | Return% 5Y | -47.61% | 52W High | -78.52% | Perf Quarter | -22.73% | Rel Volume | 0.97 |
| Active/Passive | Passive | Div Gr. 3/5Y | 15.24% -32.4% | Return% 10Y | -57.37% | 52W Low | 22.89% | Perf Half Y | -52.05% | Prev Close | $7.81 |
| IPO | 2015/5/28 | Flows% 1M | -56.34% | Return% SI | -54.86% | RSI (14) | 44.54 | Perf YTD | -66.1% | Price | $7.14 |
| Beta | -2.51 | Flows% 3M | -19.55% | Flows% YTD | 83.27% | Flows% 1Y | 368.19% | Perf Year | -75.29% | Volatility(W/M) | 7.83% 8.7% |
| SMA20 | -8.95% | SMA50 | -1.27% | SMA200 | -42.73% | ATR | 0.67 | ||||
Direxion Daily S&P Biotech Bear 3X Shares seeks daily investment results, before fees and expenses, of 300% of the inverse of the daily performance of the S&P Biotechnology Select Industry Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in swap agreements, futures contracts, short positions or other financial instruments that provide inverse (opposite) or short daily exposure to the index or to 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.
It moves 3x opposite to the index
Its value erodes over time. It is built for trades of a day or two, not for holding.
The top 4 make up 125% of the fund
Concentrated in a few names. When they swing, the ETF swings with them.
Over the past 1 year, on the lower side
79% below its 1-year high.
Traded about as much as usual. That is 97% of its average volume.
Holding long would have lost money
Bought 5 years ago, your return today would be -96.9%. The S&P 500 did +70% over the same period.
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The price swings wildly
At its worst (February 2016) it fell 100% and has not fully recovered yet.
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Dividends are paid consistently
Pays 6.44% annually in dividends.
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Money keeps flowing in
Over the past year, new money equal to 368.2% of assets came in.
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LABU Direxion Daily S&P Biotech Bull 3X ETF 586M 
MRNY YieldMax MRNA Option Income Strategy ETF 222M 
BIB ProShares Ultra Nasdaq Biotechnology 2X Shares 96M 
TBXU Direxion Daily Biotech Top 5 Bull 2X ETF 3M 
BIS-1× ProShares UltraShort Nasdaq Biotechnology -2x Shares 2M 
SOXS Direxion Daily Semiconductor Bear 3X ETF 1% 
SQQQ ProShares UltraPro Short QQQ -3x Shares 0.94% 
SH ProShares Short S&P500 -1x Shares 0.88% 
PSQ ProShares Short QQQ -1x Shares 0.95% 
SPXU ProShares UltraPro Short S&P 500 0.9% 
TOPW Roundhill Top WeeklyPay ETF 0.32% 
FNGU MicroSectors FANG+ 3X Leveraged ETNs 0.35% 
NRGU MicroSectors U.S. Big Oil 3 Leveraged ETNs 0.35% 
FAQ
How many holdings does LABD have?
LABD holds a total of 11 securities, with an AUM of approximately $78M.
Does LABD pay dividends (distributions)?
LABD's distribution yield is approximately 6.44%.
What is the 52-week high and low for LABD?
LABD has recorded a 52-week high of $33.24 and a low of $5.81.
