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

ETF | Trading--Inverse Equity | NYSE Arca

Last Closing

USD 10.08

Change

+0.31 (+3.17)%

Market Cap

USD 0.10B

Volume

0.02B

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.

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

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-04-17 )

Largest Industry Peers for Trading--Inverse Equity

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

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SPXU ProShares UltraPro Short S&P50.. 0.91 %

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SOXS Direxion Daily Semiconductor B.. 0.97 %

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SDS ProShares UltraShort S&P500 0.89 %

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PSQ ProShares Short QQQ 0.95 %

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

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TZA Direxion Daily Small Cap Bear .. 0.95 %

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SDOW ProShares UltraPro Short Dow30 0.95 %

+0.79 (+4.47%)

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QID ProShares UltraShort QQQ 0.95 %

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SPDN Direxion Daily S&P 500® Bear .. 0.45 %

+0.21 (+1.67%)

USD 0.21B

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 4.02% 77% C+ 72% C
Dividend Return 0.69% 21% F 38% F
Total Return 4.71% 75% C 71% C-
Trailing 12 Months  
Capital Gain -37.20% 21% F 7% C-
Dividend Return 2.76% 15% F 41% F
Total Return -34.44% 21% F 7% C-
Trailing 5 Years  
Capital Gain -97.72% 11% F 1% F
Dividend Return 0.88% 8% B- 2% F
Total Return -96.84% 11% F 1% F
Average Annual (5 Year Horizon)  
Capital Gain 29.68% 73% C 90% A-
Dividend Return 30.26% 73% C 89% A-
Total Return 0.58% 23% F 14% F
Risk Return Profile  
Volatility (Standard Deviation) 974.51% 27% F 1% F
Risk Adjusted Return 3.11% 64% D 30% F
Market Capitalization 0.10B 80% B- 32% 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:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

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.