Direxion Daily S&P Biotech Bear 3X ETF (LABD) is a publicly traded company in the Financial Services sector, operating within the Asset Management - Leveraged industry. The company is headquartered in New York, DE, United States.
LABD has IPO date of 2015-05-28, listed on the NYSE, a market capitalization of $30.79M.
The Direxion Daily S&P Biotech Bull and Bear 3X ETFs seek daily investment results, before fees and expenses, of 300%, or 300% of the inverse (or opposite), of the performance of the S&P Biotechnology Select Industry Index. There is no guarantee the funds will achieve their stated investment objectives.