Direxion Daily S&P Biotech Bear 3X Shares LABD · ETF Open Direxion Daily S&P Biotech Bear 3X Shares in new tab
Direxion Daily S&P Biotech Bear 3X Shares Analysis (LABD)
Investment Objective: Direxion Daily S&P Biotech Bear 3X Shares is an investment vehicle . It is currently trading at 8.25 USD.
Strategy: 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 …
Income: This is a distributing fund with a current yield of 3.79%.
Investor FAQ
Does Direxion Daily S&P Biotech Bear 3X Shares pay a dividend?
Yes, it pays an annual dividend of 0.33 USD (3.79% yield).
What asset class is Direxion Daily S&P Biotech Bear 3X Shares?
Direxion Daily S&P Biotech Bear 3X Shares is classified as a ETF. You can compare it against its peer in the "Related Symbols" list.
Fund Strategy
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.
| Year | Total Dividends |
|---|---|
| ▸2027 |
0.23 USD
|
| Sept. 27, 2027 (estimated) | 0.0710 |
| June 28, 2027 (estimated) | 0.0750 |
| March 31, 2027 (estimated) | 0.0850 |
| ▸2026 |
0.51 USD
|
| Dec. 31, 2026 (estimated) | 0.2766 |
| Sept. 29, 2026 | 0.0710 |
| June 30, 2026 | 0.0750 |
| March 31, 2026 | 0.0850 |
| ▸2025 |
0.35 USD
|
| Dec. 31, 2025 | 0.2290 |
| Sept. 30, 2025 | 0.0260 |
| July 1, 2025 | 0.0370 |
| April 1, 2025 | 0.0546 |
| ▸2024 |
0.34 USD
|
| Dec. 31, 2024 | 0.1264 |
| Oct. 1, 2024 | 0.0577 |
| July 2, 2024 | 0.0890 |
| March 26, 2024 | 0.0664 |
| ▸2023 |
0.59 USD
|
| Dec. 29, 2023 | 0.0846 |
| Sept. 26, 2023 | 0.1915 |
| June 28, 2023 | 0.0999 |
| March 28, 2023 | 0.2182 |
| ▸2022 |
0.09 USD
|
| Dec. 28, 2022 | 0.0918 |
| ▸2020 |
0.05 USD
|
| March 31, 2020 | 0.0498 |
| ▸2019 |
0.41 USD
|
| Dec. 31, 2019 | 0.0139 |
| Oct. 1, 2019 | 0.0585 |
| July 2, 2019 | 0.0874 |
| March 26, 2019 | 0.0564 |
| Jan. 4, 2019 | 0.1913 |
| ▸2018 |
0.11 USD
|
| Oct. 2, 2018 | 0.0858 |
| June 26, 2018 | 0.0244 |
| March 27, 2018 | 0.0044 |
| Name | Payment Date | Status | Amount |
|---|---|---|---|
| Direxion Daily S&P Biotech Bear 3X Shares | Sep 29, 2026 | Paid | 0.071 USD |
| Direxion Daily S&P Biotech Bear 3X Shares | Jun 30, 2026 | Paid | 0.075 USD |
| Direxion Daily S&P Biotech Bear 3X Shares | Mar 31, 2026 | Paid | 0.085 USD |
| Direxion Daily S&P Biotech Bear 3X Shares | Dec 31, 2025 | Paid | 0.229 USD |
| Split Date | Split Ratio to 1 |
|---|---|
| March 29, 2018 | 1:10 |
| Aug. 28, 2020 | 1:20 |
| Sept. 29, 2025 | 1:10 |
Community Discussion