About
LABD provides daily 3 times inverse exposure to the S&P Biotechnology Select Industry Index.
- Name
- Direxion Daily S&P Biotech Bear 3X ETF
- Index tracked
- S&P Biotechnology Select Industry TR USD
- Type
- Other
- Expense ratio
- 1.08%
- Management fee
- 0.75%
- Dividend policy
- Quarterly
- NAV
- USD 7.1 (09/17/2026)
- Issued units
- 10.76M (09/17/2026)
- Listing date
- May 28, 2015
- Sponsor
- Direxion Funds
- Custodian
- The Bank of New York Mellon