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


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

ETF Symbol:
Avg Vol9m
52 wk High12.08
52 wk Low2.71
Inception:May 2015
(as of 2018-03-16)
Total Returns:
1 day1.5%
5 day9.6%
1 month-7.8%
3 month-38.3%
6 month-40.8%
9 month-65.8%
1 year-68.4%
Compare Funds:
Correlated Group: Health Care (View cGroup) (All Groups)


Correlated Funds

Most Directly Correlated
ProShares UltraShort Nasdaq BiotechnologyBIS0.91  
Proshares UltraShort Russell2000TWM0.67  
Direxion Small Cap Bear 3X SharesTZA0.67  
ProShares UltraPro Short Russell2000SRTY0.67  
Proshares Short Russell 2000RWM0.66  
Direxion Daily S&P 500 Bear 1X SharesSPDN0.65  
ProShares Short S&P 500SH0.65  
ProShares UltraPro Short QQQSQQQ0.65  
Proshares UltraShort QQQQID0.65  
Direxion S&P 500 Bear 3X SharesSPXS0.65  
Least Correlated
iShares 10+ Year Credit BondCLY0.01  
SPDR Portfolio Interm Term BondsSPIB0.01  
SPDR Wells Fargo Preferred StockPSK0.01  
iShares iBoxx$ Invst Grd Cp BdLQD0.01  
PowerShares Glbl S/T Hi Yld Bd ETFPGHY0.01  
CurrencyShares Swiss FrancFXF0.00  
First Trust Enh Short Maturity ETFFTSM0.00  
SPDR Portfolio L.T. Corp BondsSPLB-0.00  
JPMorgan Ultra-Short Income ETFJPST-0.00  
iShares iBonds Dec 2020 Corp ETFIBDL-0.01  
Most Inversely Correlated
ARK Genomic Revln Multi Sector ETFARKG-0.85  
Global X US Infrastructure ETFPAVE-0.86  
BioShares Biotech Clinical Trials ETFBBC-0.90  
ALPS Medical Breakthroughs ETFSBIO-0.91  
iShares NASDAQ Biotechnology Index FundIBB-0.91  
ProShares Ultra Nasdaq BiotechnologyBIB-0.91  
ProShares UltraPro Nasdaq Biotech ETFUBIO-0.92  
First Trust NYSE Biotech IndexFBT-0.92  
SPDR BioTech ETFXBI-1.00  
Direxion Daily S&P Biotech Bull 3X ETFLABU-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: 2018-03-16.

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