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Direxion Daily S&P Biotech Bear 3X Shares

LABDAMEX
Financial ServicesAsset Management - Leveraged
$7.59
$-0.04(-0.52%)

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

Explore Direxion Daily S&P Biotech Bear 3X Shares’s financial performance, market position, analyst ratings, and future outlook.

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Company Profile

The fund, under normal circumstances, invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short leveraged exposure to the index equal to at least 80% of the fund's net assets (plus borrowing for investment purposes). The index is designed to measure the performance of the biotechnology sub-industry based on the Global Industry Classification Standards ("GICS"). The fund is non-diversified.

Headquarters

DE

Founded

2015

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