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NYSEARCA:LABD

Direxion Daily S&P Biotech Bear 3X ETF (LABD) Price, Holdings, & News

$7.43 +0.09 (+1.23%)
Closing price 09/11/2026 04:10 PM Eastern
Extended Trading
$7.40 -0.03 (-0.40%)
As of 09/11/2026 07:30 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Direxion Daily S&P Biotech Bear 3X ETF (NYSEARCA:LABD)

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Key Stats

Today's Range
$6.95
$7.44
50-Day Range
$5.90
$9.34
52-Week Range
$5.81
$51.90
Volume
18.80 million shs
Average Volume
8.18 million shs
Market Capitalization
$56.17 million
Assets Under Management
$101.28 million
Dividend Yield
8.61%
Net Expense Ratio
1.07%
Aggregate Rating
N/A

ETF Overview

The Direxion Daily S&P Biotech Bear 3X Shares (LABD) is an exchange-traded fund that is based on the S&P Biotechnology Select Industry index. The fund provides daily 3 times inverse exposure to the S&P Biotechnology Select Industry Index. LABD was launched on May 28, 2015 and is managed by Direxion.

Direxion Daily S&P Biotech Bear 3X ETF Expenses

TypeLABDHealth Care ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.75%0.55%0.57%0.50%0.53%
Other Expenses0.33%0.52%0.53%0.60%0.54%
Total Expense1.08%0.76%0.75%0.75%0.73%
Fee Waiver-0.01%-0.85%-0.67%-0.78%-0.68%
Net Expense1.07%0.58%0.63%0.57%0.60%
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LABD ETF News Headlines

Earth's biggest energy source: near Grand Canyon
The largest energy source on Earth contains 50,000 times every oil and gas reserve on the planet combined - and much of it sits beneath the desert near the Grand Canyon. A drilling crew just hit the DOE's 2035 targets twelve years early, with costs down 50% in 18 months. Google signed on, Gates invested, and the Pentagon made it a priority. One company has been quietly building this infrastructure for sixty years.tc pixel
See More Headlines

LABD ETF - Frequently Asked Questions

Direxion Daily S&P Biotech Bear 3X ETF's stock was trading at $21.06 at the start of the year. Since then, LABD stock has decreased by 64.7% and is now trading at $7.43.

Direxion Daily S&P Biotech Bear 3X ETF shares reverse split before market open on Friday, August 28th 2020.The 1-20 reverse split was announced on Monday, July 27th 2020. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, August 27th 2020. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

Top institutional investors of Direxion Daily S&P Biotech Bear 3X ETF include Squarepoint Ops LLC (1.47%).

Shares of LABD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Direxion Daily S&P Biotech Bear 3X ETF investors own include Meta Platforms (META), Tesla (TSLA), Advanced Micro Devices (AMD), Micron Technology (MU), Direxion Daily S&P Biotech Bull 3X ETF (LABU), NVIDIA (NVDA) and Intel (INTC).

Fund Details

Issuer
Direxion
Fund Name
Direxion Daily S&P Biotech Bear 3X ETF
Tax Classification
Regulated Investment Company
Stock Exchange
NYSEARCA
Current Symbol
NYSEARCA:LABD
Inception Date
5/28/2015
Fund Manager
Paul Brigandi, Tony Ng
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
S&P Biotechnology Select Industry Index
Category
Sector
Focus
Health Care
Development Level
Developed Markets
Region
North America
Number of Holdings
19

Fund Statistics

Assets Under Management
$101.28 million
Average Daily Volume
$18.96 million
Discount/Premium
-0.01%
Leveraged
-3.00

Administrator, Advisor and Custodian

Administrator
U.S. Bancorp Fund Services, LLC
Advisor
Rafferty Asset Management, LLC
Custodian
The Bank of New York Mellon Corporation
Distributor
Foreside Fund Services, LLC
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
Virtu Financial

Options

Optionable
Optionable
Options Volume
1,065
Put Options
272
Call Options
793
Short Interest
2,210,000 shs

Miscellaneous

Beta
-2.43
Creation Unit
50,000
Creation Fee
$250.00
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Top 10 LABD Holdings

  • Goldman Finl Sq Trsry Inst 506
    Holding Weight: 58.54%
  • Dreyfus Govt Cash Man Ins
    Holding Weight: 37.75%
  • Goldman Sachs Fin Gov 465 Institut
    Holding Weight: 27.03%
  • Dreyfus Trsry Securities Cash Mgmt
    Holding Weight: 5.68%
  • Citi Collateral
    Holding Weight: 0.00%
  • S&P Biotechnology Select Industry Index Swap
    Holding Weight: -0.22%
  • S&P Biotechnology Select Industry Index Swap
    Holding Weight: -0.69%
  • S&P Biotechnology Select Industry Index Swap
    Holding Weight: -1.41%
  • S&P Biotechnology Select Industry Index Swap
    Holding Weight: -6.91%
  • S&P Biotechnology Select Industry Index Swap
    Holding Weight: -8.72%

This page (NYSEARCA:LABD) was last updated on 9/12/2026 by MarketBeat.com Staff.
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