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Direxion Daily S&P Biotech Bear 3X (LABD) ETF Holdings & Analysis
ETFLeveraged & InverseDirexionInverse
⚠ Leveraged / inverse ETF — high risk
LABD is a inverse ETF that resets daily. Because of daily compounding, its returns over periods longer than one day can differ materially from the inverse of the underlying index, especially in volatile markets. These products carry high volatility and path dependency, and are intended for short-term tactical use — not as ordinary long-term, buy-and-hold investments.
What LABD does
The Direxion Daily S&P Biotech Bull and Bear 3X ETFs are designed to deliver daily investment returns reflecting triple (300%) the performance of the S&P Biotechnology Select Industry Index, or triple its inverse (opposite) performance, before factoring in any fees or expenses. It's important to note, however, that there is no assurance these funds will successfully achieve their intended daily objectives.
Fund profile
Top holdings
| Holding | Weight | |
|---|---|---|
| SPSIBI SWAP ASSET LEG (SPSIBIBCS) | 23.03% | |
| SPSIBI SWAP ASSET LEG (SPSIBIMLS) | 20.53% | |
| SPSIBI SWAP ASSET LEG (SPSIBICTS) | 13.38% | |
| GOLDMAN FINL SQ TRSRY INST 506 | 11.80% | |
| SPSIBI SWAP ASSET LEG (SPSIBIJPS) | 9.75% | |
| DREYFUS GOVT CASH MAN INS | 8.91% | |
| SPSIBI SWAP ASSET LEG (SPSIBIGSS) | 5.27% | |
| GOLDMAN SACHS FIN GOV 465 INSTITUT | 5.24% | |
| DREYFUS TRSRY SECURITIES CASH MGMT | 1.09% | |
| SPSIBI SWAP ASSET LEG (SPSIBIUBS) | 1.00% |
Sector allocation
| Cash & Others | 100.00% |
Geographic allocation
| Other | 100.00% |
PortView Portfolio Insights
PortView analyzes how LABD fits your actual portfolio — position weight, ETF overlap with your other funds, sector and geographic exposure, concentration, and how this fund contributes to your portfolio risk and return. Connect a portfolio to see your personalized figures; PortView never shows another user's private holdings.
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Frequently asked questions
- What does LABD track?
- LABD is the Direxion Daily S&P Biotech Bear 3X, a Leveraged & Inverse ETF issued by Direxion.
- What is the expense ratio of LABD?
- Expense ratio data for LABD is shown on the page when available from our data provider.
- What are the largest holdings in LABD?
- Top holdings include SPSIBI SWAP ASSET LEG (SPSIBIBCS), SPSIBI SWAP ASSET LEG (SPSIBIMLS), SPSIBI SWAP ASSET LEG (SPSIBICTS), GOLDMAN FINL SQ TRSRY INST 506, SPSIBI SWAP ASSET LEG (SPSIBIJPS).
- How can PortView analyze LABD overlap with other ETFs?
- PortView computes the holdings overlap between LABD and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.
The information provided by PortView is for informational and educational purposes only and does not constitute investment advice. Market data may be delayed. Past performance does not guarantee future results.