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

ETF · Currency in USD
ISIN
US25490K3234
CUSIP
25490K323
Issuer
Direxion
Inception Date
May 28, 2015
Region
North America (U.S.)
Category
Leveraged Equities
Leveraged
3x
Expense Ratio
1.12%
Index Tracked
S&P Biotechnology Select Industry Index (300%)
ETF Home Page
www.direxion.com
Asset Class
Equity

Asset Class Size

Multi-Cap

Asset Class Style

Growth

LABUPrice Chart


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LABUPerformance

The chart shows the growth of $10,000 invested in Direxion Daily S&P Biotech Bull 3x Shares on May 29, 2015 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $2,774 for a total return of roughly -72.26%. All prices are adjusted for splits and dividends.


LABU (Direxion Daily S&P Biotech Bull 3x Shares)
Benchmark (S&P 500)

LABUReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M-18.16%0.43%
6M-32.34%9.37%
YTD-57.13%22.33%
1Y-42.92%26.59%
5Y-0.87%15.74%
10Y-17.90%12.63%

LABUMonthly Returns Heatmap


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LABUSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Direxion Daily S&P Biotech Bull 3x Shares Sharpe ratio is -0.47. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


LABU (Direxion Daily S&P Biotech Bull 3x Shares)
Benchmark (S&P 500)

LABUDividends

Direxion Daily S&P Biotech Bull 3x Shares granted a 0.00% dividend yield in the last twelve months, as of Nov 27, 2021. The annual payout for that period amounted to $0.00 per share.


PeriodTTM202020192018201720162015
Dividend$0.00$0.00$0.16$0.21$0.13$0.00$0.00

Dividend yield

0.00%0.00%0.28%0.64%0.17%0.00%0.00%

LABUDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


LABU (Direxion Daily S&P Biotech Bull 3x Shares)
Benchmark (S&P 500)

LABUWorst Drawdowns

The table below shows the maximum drawdowns of the Direxion Daily S&P Biotech Bull 3x Shares. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Direxion Daily S&P Biotech Bull 3x Shares is 93.62%, recorded on Mar 18, 2020. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-93.62%Jul 20, 20151175Mar 18, 2020
-20.23%Jun 23, 201511Jul 8, 20154Jul 14, 201515
-4.93%Jun 9, 20154Jun 12, 20153Jun 17, 20157
-1.91%Jun 4, 20151Jun 4, 20151Jun 5, 20152
-0.95%Jun 2, 20151Jun 2, 20151Jun 3, 20152
-0.55%Jul 15, 20151Jul 15, 20151Jul 16, 20152

LABUVolatility Chart

Current Direxion Daily S&P Biotech Bull 3x Shares volatility is 62.17%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


LABU (Direxion Daily S&P Biotech Bull 3x Shares)
Benchmark (S&P 500)

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