LABU

Fund Description
The Fund seeks daily investment results, before fees and expenses, of 300% of the performance of the S&P Biotechnology Select Industry Index. The Index is provided by Standard & Poor s and includes domestic companies from the biotechnology industry. As of April 30, 2015, the Index was comprised of 98 stocks. The companies included in the Index have a median market capitalization of $1.54 billion and are concentrated in the energy and biotechnology sectors as of April 30, 2015.
Fund Profile
Fund Name Direxion Daily S&P Biotech Bull 3x Shares
Fund Exchange Ticker LABU
Fund Sponsor Direxion Shares
Fund ISIN US25490K3234
Net Expense Ratio 0.95 %
Fund Inception Date 28 May 2015
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Leveraged / Inverse
Asset Class Equities (Stocks)
Index Linked Passive
Index Name S&P Biotechnology Select Industry Index
Index Provider S&P DJ Indices
Currency Hedged No
Inverse / Leveraged Leveraged (3x)
Developed / Emerging Developed Market Funds
Market Capitalization Range Broad Market / Multi-Cap
Growth Value Core / Blend
Continent North America
Key Statistics
Return As of Date 31 July 2020
Asset Under Management 414.61 Million (USD)
1 Month Total Return -10.53 %
Year To Date Return -6.63 %
1 Year Total Return 15.95 %
3 Year Annualized Total Return -5.75 %
NAV 53.4175
Share Outstanding 7,761,600
Top 10 Holdings (3 August 2020)
Constituent Name Constituent Ticker Constituent Type Weighting
S&P BIOTECHNOLOGY SELECT INDUSTRY INDEX SWAP SPSIBICT SWAP 0.1812463210
S&P BIOTECHNOLOGY SELECT INDUSTRY INDEX SWAP SPSIBI SWAP 0.1780364062
S&P BIOTECHNOLOGY SELECT INDUSTRY INDEX SWAP SPSIBIBP SWAP 0.1168474053
S&P BIOTECHNOLOGY SELECT INDUSTRY INDEX SWAP SPSIBIU SWAP 0.0996754456
S&P BIOTECHNOLOGY SELECT INDUSTRY INDEX SWAP SPSIBIML SWAP 0.0926537570
S&P Biotechnology Select Industry Index SWAP SPSIBIJP SWAP 0.0540426027
BANK OF NEW YORK CASH RESERVE MMKT 0.0315747366
GOLDMAN FINL SQ TRSRY INST 506 MMKT 0.0292128424
DREYFUS GOVT CASH MGMT MMKT 0.0287319651
DREYFUS GOVT CASH MGMT MMKT 0.0178101046