Direxion Daily S&P Biotech Bull 3x Shares (LABU) 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 LABU. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to LABU
LABU charges 0.96% annually. There are 183 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% | 44.22M | Mar 2026 | LABU vs NTSD | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 49.31M | Sep 2021 | LABU vs IFED | |
| Direxion Daily S&P 500 Bull 2X ETF | 0.60% | 257.66M | May 2014 | LABU vs SPUU | |
| Leverage Shares 2X Long COIN Daily ETF | 0.75% | 7.82M | Mar 2025 | LABU vs COIG | |
| Leverage Shares 2x Long NEM Daily ETF | 0.75% | 1.12M | Nov 2025 | LABU vs NEMG |
Best Risk-Adjusted Alternatives to LABU
LABU has a PortfoliosLab risk / return rank of 94. There are 9 ETFs in the Leveraged Equities category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 99 | 6.16B | Oct 2024 | LABU vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 98 | 923.53M | Nov 2024 | LABU vs MULL | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.82M | Apr 2021 | LABU vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 97 | 20.50M | Apr 2021 | LABU vs QTAP | |
| GraniteShares 2x Long INTC Daily ETF | 96 | 509.42M | Feb 2025 | LABU vs INTW |
Top Performing LABU Alternatives (YTD)
LABU is at 71.18% YTD. There are 38 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 738.32%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GraniteShares 2x Long DELL Daily ETF | 738.32% | 162.40M | Feb 2025 | LABU vs DLLL | |
| Direxion Daily MU Bull 2X Shares | 575.80% | 6.16B | Oct 2024 | LABU vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 555.59% | 923.53M | Nov 2024 | LABU vs MULL | |
| Direxion Daily INTC Bull 2X Shares | 395.01% | 101.49M | Nov 2025 | LABU vs LINT | |
| GraniteShares 2x Long INTC Daily ETF | 394.65% | 509.42M | Feb 2025 | LABU vs INTW |
Lowest Volatility Alternatives to LABU
LABU has 79.59% 1-year volatility. There are 220 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.77%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.77% | 22.82M | Apr 2021 | LABU vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 6.21% | 20.50M | Apr 2021 | LABU vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.40% | 13.45M | Jul 2021 | LABU vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | 10.50% | 20.95M | Jul 2021 | LABU vs QTJL | |
| Innovator US Equity Accelerated ETF | 10.55% | 69.49M | Apr 2021 | LABU vs XDSQ |
Lowest Drawdown Alternatives to LABU
LABU has a 1-year max drawdown of -30.70%. There are 68 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% | 22.82M | Apr 2021 | LABU vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -2.49% | 20.50M | Apr 2021 | LABU vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.45M | Jul 2021 | LABU vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -6.68% | 20.95M | Jul 2021 | LABU vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 69.49M | Apr 2021 | LABU vs XDSQ |
Other ETFs from Direxion
The 10 most viewed Direxion ETFs shown here include SOXL, SPXL, TECL and span 9 categories. AUM among these funds goes as high as $25B.
Often Compared With LABU
Investors most often compare LABU with LABD, XBI, BIB. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare LABU with Any Fund or Stock
Compare LABU with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair LABU with funds that move differently
Direxion Daily S&P Biotech Bull 3x Shares alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to LABU.
Explore LABU Diversifiers