LABDNYSEArcaTrading--Inverse Equity

Direxion Daily S&P Biotech Bear 3X Shares

$7.38
-62.42(-8942.69%)
Price Info

NAV

$7.37

AUM

$77.3M

Expense Ratio

-

Dividend Yield

8.79%

Beta

-3.18

Currency

USD

Performance
YTD1M3M1Y3Y5Y
-64.96%-50.60%-53.53%-89.88%-61.60%-46.26%
About

The fund, under normal circumstances, invests at least 80% of the fund’s net assets in financial instruments, including swap agreements, futures contracts, or short positions, that, in combination, provide 3X daily inverse (opposite) or short exposure to the index or to ETFs that track the index, consistent with the fund’s investment objective. The index is designed to measure the performance of the biotechnology sub-industry based on the GICS. The fund is non-diversified.

Inception Date: 2015-05-28