Premium Access    ETF Search:   

Direxion Daily S&P Biotech Bear 3X ETF (LABD) - ETF





©ETFScreen.com
Volume(000's)


Charts and data are derived from prices adjusted for both splits and distributions to emphasize total return.

ETF Symbol:
Price7.27
Volume5m
Avg Vol6m
RSf0.3
$Vol(21d)37m
52 wk High31.70
52 wk Low5.60
Inception:May 2015
(as of 2017-08-18)
Total Returns:
1 day0.1%
5 day2.7%
1 month19.6%
3 month-28.7%
6 month-34.0%
9 month-51.5%
1 year-67.7%
 
Compare Funds:
Correlated Group: Health Care (View cGroup) (All Groups)




 

Correlated Funds

Most Directly Correlated
ProShares UltraShort Nasdaq BiotechnologyBIS0.95  
ProShares Short QQQPSQ0.61  
Proshares UltraShort QQQQID0.61  
ProShares UltraPro Short QQQSQQQ0.61  
Proshares UltraShort Russell2000TWM0.56  
ProShares UltraPro Short Russell2000SRTY0.56  
Direxion Small Cap Bear 3X SharesTZA0.55  
Proshares Short Russell 2000RWM0.55  
Direxion Daily Semiconductor Bear 3x SharesSOXS0.54  
ProShares UltraPro Short S&P 500SPXU0.53  
Least Correlated
PowerShares Insured California Municipal BondPWZ0.00  
ETFS Physical Palladium SharesPALL0.00  
ProShares UltraShort EuroEUO0.00  
Schwab U.S. TIPS ETFSCHP0.00  
CurrencyShares Euro TrustFXE0.00  
iShares Barclays CMBS Bond ETFCMBS-0.00  
Ishares Dec 2018 Corp Term ETFIBDH-0.00  
SPDR Barclays Intl Treasury Bond ETFBWX-0.00  
Global X Silver Miners ETFSIL-0.00  
SPDR Barclays Capital Inv Grade Floating RtFLRN-0.00  
Most Inversely Correlated
Vanguard Health CareVHT-0.79  
PowerShares DWA HealthcarePTH-0.86  
VanEck Vectors Biotech ETFBBH-0.90  
ProShares Ultra Nasdaq BiotechnologyBIB-0.95  
ProShares UltraPro Nasdaq Biotech ETFUBIO-0.95  
First Trust NYSE Biotech IndexFBT-0.95  
iShares NASDAQ Biotechnology Index FundIBB-0.95  
ALPS Medical Breakthroughs ETFSBIO-0.95  
Direxion Daily S&P Biotech Bull 3X ETFLABU-1.00  
SPDR BioTech ETFXBI-1.00  
These 126 day (6 month) correlations can be considered short term, focusing on recent price movements.
Correlations are only calculated for actively traded funds. As of: 2017-08-18.
 


Exchange-traded funds are similar to index funds that trade like a single stock. Until the advent of the ETF, it was impossible to trade indexes this easily through an equity account. Most ETFs are relatively static in make-up, like the SPY or QQQQ index funds. Others, like some of the PowerShares funds, are dynamic and the holdings are changed routinely. ETFs have risks similar to stocks in that their value can rise or fall at the discretion of the marketplace. Some ETFs, like international funds and narrowly based indexes, have special risks that the investor should be aware of. However, used properly ETFs can provide an efficient and effective investment vehicle for achieving results that were near impossible for the typical investor to achieve prior to their development.








Important Disclaimer: The information provided by ETFScreen.com is strictly for informational purposes and is not to be construed as advice or solicitation to buy or sell any security. The owner of ETFScreen.com assumes no liability resulting from the use of the material contained herein for any purposes, including investment purposes. Privacy Policy Disclaimer/Terms of Use ...

If you have a comment please contact us. Advertise with us Market Data by:On-Demand Financial Market Data by Xignite