ducovest

LABD:ARCA-Direxion Daily S&P Biotech Bear 3X Shares (USD)

ETF | Trading--Inverse Equity | NYSE Arca

Last Closing

USD 7.67

Change

-0.16 (-2.04)%

Market Cap

USD 0.10B

Volume

0.01B

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse of the performance of the S&P Biotechnology Select Industry Index. The fund, under normal circumstances, creates short positions by investing at least 80% of its assets in: swap agreements; futures contracts; options; reverse repurchase agreements; exchange-traded funds ("ETFs"); and other financial instruments that, in combination, provide inverse leveraged and unleveraged exposure to the S&P Biotechnology Select Industry Index. The index includes domestic companies from the biotechnology industry. The fund is non-diversified.

Company Website : http://www.direxioninvestments.com/

Currency: USD

Country : USA

Inception Date: 28/05/2015

Primary Benchmark: S&P Biotechnology Select Industry TR USD

Primary Index: S&P 500 TR USD

Gross Expense Ratio: 1.55%

Management Expense Ratio: 1.00 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
DAPXX Dreyfus Government Securities Cash Management Administrative Shares 64.97 %
FGTXX Goldman Sachs Financial Square Government Fund Institutional Shares 12.58 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-05-22 )

Largest Industry Peers for Trading--Inverse Equity

Symbol Name Mer Price(Change) Market Cap
SH ProShares Short S&P500 0.89 %

N/A

 USD 0.99B
SOXS Direxion Daily Semiconductor B.. 0.97 %

N/A

 USD 0.76B
SPXU ProShares UltraPro Short S&P50.. 0.91 %

N/A

 USD 0.58B
PSQ ProShares Short QQQ 0.95 %

N/A

 USD 0.56B
SDS ProShares UltraShort S&P500 0.89 %

N/A

 USD 0.54B
SPXS Direxion Daily S&P 500® Bear .. 0.95 %

N/A

 USD 0.48B
TZA Direxion Daily Small Cap Bear .. 0.95 %

N/A

 USD 0.32B
SDOW ProShares UltraPro Short Dow30 0.95 %

N/A

 USD 0.31B
QID ProShares UltraShort QQQ 0.95 %

N/A

 USD 0.25B
DOG ProShares Short Dow30 0.95 %

N/A

 USD 0.18B

ETFs Containing LABD

N/A

Market Performance

  Market Performance vs. Industry/Classification (Trading--Inverse Equity) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -20.85% 27% F 7% C-
Dividend Return 0.69% 21% F 33% F
Total Return -20.16% 27% F 7% C-
Trailing 12 Months  
Capital Gain -42.46% 27% F 4% F
Dividend Return 3.32% 43% F 48% F
Total Return -39.14% 29% F 5% F
Trailing 5 Years  
Capital Gain -98.29% 11% F 1% F
Dividend Return 0.86% 11% F 2% F
Total Return -97.43% 11% F 1% F
Average Annual (5 Year Horizon)  
Capital Gain 30.44% 73% C 90% A-
Dividend Return 31.07% 73% C 89% A-
Total Return 0.63% 23% F 15% F
Risk Return Profile  
Volatility (Standard Deviation) 974.44% 27% F 1% F
Risk Adjusted Return 3.19% 66% D+ 28% F
Market Capitalization 0.10B 66% D+ 25% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:

There is nothing we particularly like

What to not like:
Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.