ETFs › LABU

Direxion Daily S&P Biotech Bull 3X Shares (LABU)

biotech leveraged tactical-trading

Designed for sophisticated investors, LABU aims to provide 3x daily leveraged exposure to the biotechnology sector. The fund can potentially magnify short-term gains, but also comes with increased risk and potential for losses. LABU is primarily used as a short-term trading tool and requires careful monitoring due to its leveraged nature.

Key Info

AUM $494M
Expense Ratio 1.10%
Inception Date May 28, 2015
Distribution Frequency N/A
Weighting Method Market Cap
Number of Holdings 161
Tracking Index S&P Biotechnology Select Industry Index

See Also

XBI IBB SPXL

Last updated: September 6, 2024