Expand LABU Menu
LABU MENU

ETF profile for Direxion Daily S&P Biotech Bull 3X ETF (LABU) from the issuer: top holdings, net assets, expense ratio and shares outstanding.

LABU ETF Profile


Family: Direxion Shares
Name: Direxion Daily S&P Biotech Bull 3X ETF
Inception Date: 28-May-2015
Termination Date:
Investment Objective: The Fund seeks daily investment results, before fees and expenses, of 300% of the daily performance of the S&P Biotechnology Select Industry Index (the "Index"). 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"). The Fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, securities of the Index, and exchange-traded funds ("ETFs") that track the Index, that, in combination, provide 3X daily leveraged exposure to the Index, consistent with the Fund's investment objective. The financial instruments in which the Fund most commonly invests are swap agreements and futures agreements which are intended to produce economically leveraged investment results.
Prospectus
Top 10 Holdings
Derivatives offset -213.8390%
SPSIBI SWAP ASSET LEG 53.7429%
SPSIBI SWAP ASSET LEG 48.9448%
SPSIBI SWAP ASSET LEG 36.4521%
SPSIBI SWAP ASSET LEG 32.9475%
SPSIBI SWAP ASSET LEG 22.1475%
GOLDMAN FINL SQ TRSRY INST 506 20.4350%
SPSIBI SWAP ASSET LEG 16.7036%
DREYFUS GOVT CASH MAN INS 14.4384%
SPSIBI SWAP ASSET LEG 2.9006%
Top 10 Holdings Weight: 34.9%
Number of Holdings: 174
Shares Outstanding: 2,474,486
Total Net Assets: 516,227,264
NAV: 208.73
Net Expense Ratio: 0.96%
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: Leveraged (3x)
Is Currency Hedged: No
US or Ex-US: Domestic
Market Data Delayed 15 Minutes