Direxion Daily Sp Etf Profile

LABD Etf  USD 21.76  1.99  8.38%   

Performance

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Odds Of Distress

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Direxion Daily is trading at 21.76 as of the 3rd of December 2025, a 8.38 percent down since the beginning of the trading day. The etf's lowest day price was 21.76. Direxion Daily has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 4th of September 2025 and ending today, the 3rd of December 2025. Click here to learn more.
The fund, under normal circumstances, invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse or short leveraged exposure to the index equal to at least 80 percent of the funds net assets . More on Direxion Daily SP

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  0.69SDS ProShares UltraShortPairCorr
  0.72SPXS Direxion Daily SPPairCorr
  0.76QID ProShares UltraShort QQQPairCorr

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Direxion Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationHealth Care ETFs, Sector ETFs, Trading--Inverse Equity, Direxion Funds (View all Sectors)
IssuerDirexion
Inception Date2015-05-28
BenchmarkS&P Biotechnology Select Industry Index
Entity TypeRegulated Investment Company
Asset Under Management76.65 Million
Average Trading Volume2.46 Million
Asset TypeEquity
CategorySector
FocusHealth Care
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorU.S. Bancorp Fund Services, LLC
AdvisorRafferty Asset Management, LLC
CustodianThe Bank of New York Mellon Corporation
DistributorForeside Fund Services, LLC
Portfolio ManagerPaul Brigandi, Tony Ng
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End30-Sep
ExchangeNYSE Arca, Inc.
Number of Constituents12.0
Market MakerVirtu Financial
Total Expense1.08
Management Fee0.75
Country NameUSA
Returns Y T D(70.13)
NameDirexion Daily SP Biotech Bear 3X Shares
Currency CodeUSD
Open FigiBBG0099SHGJ5
In Threey Volatility73.93
1y Volatility73.87
200 Day M A64.3306
50 Day M A31.9582
CodeLABD
Updated At3rd of December 2025
Currency NameUS Dollar
Direxion Daily SP [LABD] is traded in USA and was established 2015-05-28. The fund is listed under Trading--Inverse Equity category and is part of Direxion Funds family. The entity is thematically classified as Health Care ETFs. Direxion Daily SP now have 204.2 M in assets. , while the total return for the last 3 years was -48.9%.
Check Direxion Daily Probability Of Bankruptcy

Top Direxion Daily SP Etf Constituents

FGTXXGoldman Sachs FinancialMoney Market FundUS Money Market Fund
More Details

Direxion Daily SP Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Direxion Daily. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

Direxion Daily SP Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Cosh Values Of Direxion Daily Price Series is a hyperbolic price transformation function.

Direxion Daily Against Markets

When determining whether Direxion Daily SP is a strong investment it is important to analyze Direxion Daily's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Direxion Daily's future performance. For an informed investment choice regarding Direxion Etf, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Direxion Daily SP. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
The market value of Direxion Daily SP is measured differently than its book value, which is the value of Direxion that is recorded on the company's balance sheet. Investors also form their own opinion of Direxion Daily's value that differs from its market value or its book value, called intrinsic value, which is Direxion Daily's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Direxion Daily's market value can be influenced by many factors that don't directly affect Direxion Daily's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Direxion Daily's value and its price as these two are different measures arrived at by different means. Investors typically determine if Direxion Daily is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Direxion Daily's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.