Direxion Daily S&P Biotech Bear 3x Shares (LABD) belongs to the Leveraged Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with LABD. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to LABD
LABD charges 1.06% annually. There are 248 ETFs in the Leveraged Equities category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Efficient U.S. Plus International Equit... | 0.35% | 34.68M | Mar 2026 | LABD vs NTSD | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 48.99M | Sep 2021 | LABD vs IFED | |
| Direxion Daily S&P 500 Bull 2X ETF | 0.60% | 239.79M | May 2014 | LABD vs SPUU | |
| Leverage Shares 2X Long GEV Daily ETF | 0.75% | 19.81M | Dec 2025 | LABD vs GEVG | |
| Leverage Shares 2X Long ASML Daily ETF | 0.75% | 52.74M | Jan 2025 | LABD vs ASMG |
Best Risk-Adjusted Alternatives to LABD
LABD has a PortfoliosLab risk / return rank of 1. There are 235 ETFs in the Leveraged Equities category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| GraniteShares 2x Long MU Daily ETF | 98 | 1.47B | Nov 2024 | LABD vs MULL | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.60M | Apr 2021 | LABD vs XTAP | |
| GraniteShares 2x Long INTC Daily ETF | 98 | 785.62M | Feb 2025 | LABD vs INTW | |
| Innovator Growth Accelerated Plus ETF - April | 97 | 19.18M | Apr 2021 | LABD vs QTAP | |
| Direxion Daily Semiconductor Bull 3X ETF | 96 | 28.01B | Mar 2010 | LABD vs SOXL |
Top Performing LABD Alternatives (YTD)
LABD is at -53.78% YTD. There are 312 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 780.13%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GraniteShares 2x Long MU Daily ETF | 780.13% | 1.47B | Nov 2024 | LABD vs MULL | |
| Leverage Shares 2X Long BE Daily ETF | 778.97% | 36.14M | Dec 2025 | LABD vs BEG | |
| GraniteShares 2x Long DELL Daily ETF | 762.51% | 169.15M | Feb 2025 | LABD vs DLLL | |
| GraniteShares 2x Long INTC Daily ETF | 750.22% | 785.62M | Feb 2025 | LABD vs INTW | |
| Direxion Daily INTC Bull 2X Shares | 744.89% | 104.27M | Nov 2025 | LABD vs LINT |
Lowest Volatility Alternatives to LABD
LABD has 78.79% 1-year volatility. There are 219 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.83%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.83% | 22.60M | Apr 2021 | LABD vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 6.12% | 19.18M | Apr 2021 | LABD vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.35% | 13.35M | Jul 2021 | LABD vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | 9.88% | 22.17M | Jul 2021 | LABD vs QTJL | |
| Innovator US Equity Accelerated ETF | 10.50% | 68.78M | Apr 2021 | LABD vs XDSQ |
Lowest Drawdown Alternatives to LABD
LABD has a 1-year max drawdown of -86.75%. There are 226 ETFs in the Leveraged Equities category with shallower 1-year drawdowns, going as shallow as -1.72%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -1.72% | 22.60M | Apr 2021 | LABD vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -2.49% | 19.18M | Apr 2021 | LABD vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.35M | Jul 2021 | LABD vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -6.68% | 22.17M | Jul 2021 | LABD vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 68.78M | Apr 2021 | LABD vs XDSQ |
Other ETFs from Direxion
The 10 most viewed Direxion ETFs shown here include SPXL, TECL, TMF and span 9 categories. AUM among these funds goes as high as $7B.
Often Compared With LABD
Investors most often compare LABD with LABU, HIBS, FAZ. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare LABD with Any Fund or Stock
Compare LABD with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair LABD with funds that move differently
Direxion Daily S&P Biotech Bear 3x Shares alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to LABD.
Explore LABD Diversifiers