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LABD ETF Profile


Family: Direxion Shares
Name: Direxion Daily S&P Biotech Bear 3x Shares
Inception Date: 28-May-2015
Termination Date:
Investment Objective: The Direxion Daily S&P Biotech Bear 3X Shares (the "Fund") seeks daily inverse leveraged (-3X) investment results and is very different from most other exchange-traded funds. As a result, the Fund may be riskier than alternatives that do not use leverage because the Fund's objective is to magnify the daily inverse performance of the S&P Biotechnology Select Industry Index (the "Index"). The return for investors that invest for periods longer or shorter than a trading day should not be expected to be -300% of the performance of the Index for the period. The Index is provided by S&P Dow Jones Indices (the "Index Provider") and includes domestic companies from the biotechnology industry. The Index is a modified equal- weighted index that is designed to measure the performance of the biotechnology sub-industry based on the Global Industry Classification Standards ("GICS").
Prospectus
Top 10 Holdings
Derivatives offset 208.6339%
S&P BIOTECHNOLOGY SELECT INDUSTRY INDEX SWAP -73.3351%
S&P BIOTECHNOLOGY SELECT INDUSTRY INDEX SWAP -52.5338%
S&P BIOTECHNOLOGY SELECT INDUSTRY INDEX SWAP -40.6363%
GOLDMAN FINL SQ TRSRY INST 506 38.6144%
DREYFUS GOVT CASH MAN INS 31.3955%
GOLDMAN SACHS FIN GOV 465 INSTITUT X9USDGLDS 27.1181%
S&P BIOTECHNOLOGY SELECT INDUSTRY INDEX SWAP -18.5150%
S&P BIOTECHNOLOGY SELECT INDUSTRY INDEX SWAP -13.3556%
S&P BIOTECHNOLOGY SELECT INDUSTRY INDEX SWAP -10.2583%
Top 10 Holdings Weight: 97.1%
Number of Holdings: 11
Shares Outstanding: 3,656,480
Total Net Assets: 77,224,860
NAV: 21.11
Net Expense Ratio: 0.95%
Asset Class: Equities (Stocks)
Developed or Emerging: Developed Market Funds
Country: US
Region:
Strategy:
Currency:
Commodity:
Sector: Healthcare
Industry: Biotech
Dividend Type:
Tax Exempt State:
Maturity Duration:
Market Cap: Broad Market / Multi-Cap
Credit Quality:
Mortgage Bond Types:
Bond Type:
Gov't Bond Types:
Reit Type:
Leverage Direction/Factor: Inverse (-3x)
Is Currency Hedged: No
US or Ex-US: Domestic
Market Data Delayed 15 Minutes