Direxion Daily S&P Biotech Bull 3X ETF (LABU) Research

This Direxion fund, the S&P Biotech Bull 3X ETF (and its corresponding Bear version), aims to deliver daily returns equivalent to three times (300%) the performance of the S&P Biotechnology Select Industry Index. For the Bear fund, the objective is to provide three times the opposite daily movement of the same index. These targets are set prior to the deduction of fees and expenses. It is crucial for investors to understand that there is no guarantee these funds will consistently achieve their stated daily investment objectives.

Market snapshot

Symbol
LABU
Price
$206.86
Day change
+3.22%
Market cap
$1.1B
52-week range
53.14-218
Sector
Financial Services
Industry
Asset Management - Leveraged

Peer companies

  • Innovator Laddered Allocation Power Buffer ETF (BUFF)
  • Direxion Daily Regional Banks Bull 3X ETF (DPST)
  • Xtrackers MSCI Emerging Markets Climate Selection ETF (EMCS)
  • Dan Ives Wedbush AI Revolution ETF (IVES)
  • State Street SPDR S&P Insurance ETF (KIE)
  • Rockefeller U.S. Small-Mid Cap ETF (RSMC)
  • SEI Enhanced U.S. Large Cap Momentum Factor ETF (SEIM)
  • ProShares - UltraPro Dow30 (UDOW)

Open Direxion Daily S&P Biotech Bull 3X ETF (LABU) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.