PortView
Direxion Daily S&P Biotech Bull 3X (LABU) ETF Holdings & Analysis
ETFLeveraged & InverseDirexionLeveraged
⚠ Leveraged / inverse ETF — high risk
LABU is a leveraged ETF that resets daily. Because of daily compounding, its returns over periods longer than one day can differ materially from 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 LABU does
Direxion Shares ETF Trust - Direxion Daily S&P Biotech Bull 3X ETF is an exchange traded fund launched by Direxion Investments. It is managed by Rafferty Asset Management, LLC. It invests in public equity markets of the United States. It invests directly, through derivatives and through other funds in stocks of companies operating across health care, pharmaceuticals, biotechnology and life sciences sectors. It uses derivatives such as futures, swaps to create its portfolio. The fund invests in growth and value stocks of companies across diversified market capitalization. It seeks to track 3x the daily performance of the S&P Biotechnology Select Industry Index. Direxion Shares ETF Trust - Direxion Daily S&P Biotech Bull 3X ETF was formed on May 28, 2015 and is domiciled in the United States.
Fund profile
Top holdings
| Holding | Weight | |
|---|---|---|
| SPSIBI SWAP ASSET LEG (SPSIBIUBL) | 17.40% | |
| SPSIBI SWAP ASSET LEG (SPSIBIBCL) | 16.67% | |
| SPSIBI SWAP ASSET LEG (SPSIBIMLL) | 15.85% | |
| SPSIBI SWAP ASSET LEG (SPSIBIJPL) | 10.67% | |
| SPSIBI SWAP ASSET LEG (SPSIBICTL) | 8.62% | |
| GOLDMAN FINL SQ TRSRY INST 506 | 4.29% | |
| DREYFUS GOVT CASH MAN INS | 2.94% | |
| SPSIBI SWAP ASSET LEG (SPSIBIBPL) | 1.44% | |
| SPSIBI SWAP ASSET LEG (SPSIBIGSL) | 0.94% | |
| GOLDMAN SACHS FIN GOV 465 INSTITUT | 0.77% |
Sector allocation
| Financial Services | 0.40% |
| Healthcare | 99.60% |
Geographic allocation
| United States | 126.59% |
| Ireland | 1.49% |
| United Kingdom | 1.49% |
| Netherlands | 1.43% |
| Switzerland | 1.43% |
PortView Portfolio Insights
PortView analyzes how LABU 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.
Analyze LABU in PortView →Related securities
Related stocks
Related ETFs
Frequently asked questions
- What does LABU track?
- LABU is the Direxion Daily S&P Biotech Bull 3X, a Leveraged & Inverse ETF issued by Direxion.
- What is the expense ratio of LABU?
- Expense ratio data for LABU is shown on the page when available from our data provider.
- What are the largest holdings in LABU?
- Top holdings include SPSIBI SWAP ASSET LEG (SPSIBIUBL), SPSIBI SWAP ASSET LEG (SPSIBIBCL), SPSIBI SWAP ASSET LEG (SPSIBIMLL), SPSIBI SWAP ASSET LEG (SPSIBIJPL), SPSIBI SWAP ASSET LEG (SPSIBICTL).
- How can PortView analyze LABU overlap with other ETFs?
- PortView computes the holdings overlap between LABU 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.