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Direxion Daily S&P Biotech Bear 3X Shares(LABD)

Description: 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 index is provided by Standard & Poor's and includes domestic companies from the biotechnology industry. The fund normally creates short positions by investing at least 80% of its assets in: swap agreements; options on securities and indices; forward contracts; short positions; reverse repurchase agreements; ETFs; and other financial instruments that, in combination, provide inverse leveraged and unleveraged exposure to the S&P Biotechnology Select Industry Index ("index"). It is non-diversified.


Keywords: Exchange Traded Fund ETF Exchange Traded Funds Biotechnology Leveraged ETF Ultra ETF S&P 500 Index CBOE Inverse ETF Bear Market ETF Repurchase Agreement Financial Regulation Forward Contract

Home Page: www.direxioninvestments.com/products/daily-sp-biotech-bull-3x-shares

LABD Technical Analysis

Exchange: NYSE ARCA

Country: US

Currency: US Dollar ($)

Category: Trading--Inverse Equity

Asset Allocation
Asset Class Long % Short % Net Assets
Cash 90.18 0.00 90.18
Other 18.82 0.00 18.82
Stock non-US 0.00 9.00 -9.00
Sector Weights
Sector Equity % Relative to Category
World Regions
Region Equity % Relative to Category
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