ETF profile for Direxion Daily S&P Biotech Bear 3X ETF (LABD) from the issuer: top holdings, net assets, expense ratio and shares outstanding.
LABD ETF Profile
| Family: |
Direxion Shares |
| Name: |
Direxion Daily S&P Biotech Bear 3X ETF |
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| Inception Date: |
28-May-2015 |
| Termination Date: |
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| Investment Objective: |
The Direxion Daily S&P Biotech Bear 3X ETF (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"). |
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| Prospectus |
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| Top 10 Holdings |
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| Derivatives offset |
|
272.9477% |
| SPSIBI SWAP ASSET LEG |
|
-170.5590% |
| GOLDMAN FINL SQ TRSRY INST 506 |
|
58.3957% |
| SPSIBI SWAP ASSET LEG |
|
-47.9096% |
| DREYFUS GOVT CASH MAN INS |
|
31.1913% |
| SPSIBI SWAP ASSET LEG |
|
-22.6219% |
| SPSIBI SWAP ASSET LEG |
|
-22.6219% |
| SPSIBI SWAP ASSET LEG |
|
-7.0265% |
| GOLDMAN SACHS FIN GOV 465 INSTITUT |
X9USDGLDS |
5.8906% |
| DREYFUS TRSRY SECURITIES CASH MGMT |
X9USDDTP3 |
4.5224% |
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Top 10 Holdings Weight: |
102.2% |
| Number of Holdings: |
11 |
| Shares Outstanding: |
7,106,480 |
| Total Net Assets: |
55,643,740 |
| NAV: |
7.82 |
| Net Expense Ratio: |
1.07% |
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| Asset Class: |
Equities (Stocks) |
| Developed or Emerging: |
Developed Market Funds |
| Country: |
US |
| Region: |
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| Strategy: |
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| Currency: |
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| Commodity: |
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| Sector: |
Healthcare |
| Industry: |
Biotech |
| Dividend Type: |
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| Tax Exempt State: |
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| Maturity Duration: |
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| Market Cap: |
Broad Market / Multi-Cap |
| Credit Quality: |
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| Mortgage Bond Types: |
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| Bond Type: |
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| Gov't Bond Types: |
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| Reit Type: |
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| Leverage Direction/Factor: |
Inverse (-3x) |
| Is Currency Hedged: |
No |
| US or Ex-US: |
Domestic |
