Direxion Daily S&P Biotech Bear 3X Shares (LABD)Trading--Inverse Equity | Exchange Traded Fund | NYSEArca
12.63 USD
-0.94
(-6.927%) ⇩
(April 17, 2026, 4 p.m.
EDT)
After hours: 12.62 -0.01 (-0.010%) ⇩ (April 17, 2026, 7:59 p.m. EDT) Short-term: ★★☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ★★★★★ |
Hot Take | April 11, 2026, 4:02 p.m. EDT
LABD is a leveraged inverse ETF designed to profit from declines in the S&P Biotech index. The recent price history shows a volatile trend with a recent dip, which could be an opportunity for short-term traders. However, the high volatility and mixed options activity suggest that the market is uncertain. The high dividend yield is attractive, but it's important to note that this is a leveraged product and carries higher risk. Long-term investors should be cautious given the volatile nature of the ETF and the potential for significant losses if the underlying index rises. Overall, LABD is a high-risk, high-reward investment that is suitable for experienced traders rather than long-term investors. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.062269 |
| AutoARIMA | 0.076442 |
| AutoETS | 0.077809 |
| AutoTheta | 0.139820 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 44% |
| H-stat | 8.05 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.255 |
| Excess Kurtosis | 0.32 |
As of April 11, 2026, 4:02 p.m. EDT: Options activity indicates a mixed sentiment. The high IV spikes and significant OI in both calls and puts suggest volatility and uncertainty. There's a concentration of OI around the ATM strike prices, indicating potential for short-term price movements. However, the high volatility and mixed positioning suggest a cautious approach is necessary. The recent news and price history show a volatile trend with a recent dip, which could indicate a potential buying opportunity for short-term traders looking to capitalize on momentum or a buy-the-dip strategy.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.41% | 2.69% | 3.82% | 2.63% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-03-24 | 0.085 | 0.407283 |
| 2025-12-23 | 0.229 | 1.172186 |
| 2025-09-23 | 0.260 | 0.587192 |
| 2025-06-24 | 0.370 | 0.523877 |
| 2025-03-25 | 0.550 | 0.734680 |
| 2024-12-23 | 1.260 | 1.909357 |
| 2024-09-24 | 0.580 | 1.050071 |
| 2024-06-25 | 0.890 | 1.311992 |
| 2024-03-19 | 0.660 | 0.943356 |
| 2023-12-21 | 0.850 | 0.806832 |
| 2023-09-19 | 1.920 | 1.143194 |
| 2023-06-21 | 1.000 | 0.881104 |
| 2023-03-21 | 2.180 | 1.157183 |
| 2022-12-20 | 0.920 | 0.544110 |
| 2020-03-24 | 10.000 | 0.344642 |
| 2019-12-23 | 2.800 | 0.138465 |
| 2019-09-24 | 11.800 | 0.300627 |
| 2019-06-25 | 17.400 | 0.487414 |
| 2019-03-19 | 11.200 | 0.348329 |
| 2018-12-27 | 38.200 | 0.461184 |
| 2018-09-25 | 17.200 | 0.418788 |
| 2018-06-19 | 4.800 | 0.118192 |
| 2018-03-20 | 8.000 | 0.143337 |
| Attribute | Value |
|---|---|
| All Time High | 207,240.0 |
| All Time Low | 5.54 |
| Ask | 12.64 |
| Ask Size | 1,400 |
| Average Daily Volume10 Day | 6,753,440 |
| Average Daily Volume3 Month | 4,477,603 |
| Average Volume | 4,477,603 |
| Average Volume10Days | 6,753,440 |
| Beta3 Year | -3.64 |
| Bid | 12.6 |
| Bid Size | 8,700 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 13.05 |
| Day Low | 12.465 |
| Dividend Yield | 5.79 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 17.8668 |
| Fifty Day Average Change | -5.2368 |
| Fifty Day Average Change Percent | -0.2931023 |
| Fifty Two Week Change Percent | -87.98287 |
| Fifty Two Week High | 108.79 |
| Fifty Two Week High Change | -96.16 |
| Fifty Two Week High Change Percent | -0.8839048 |
| Fifty Two Week Low | 12.465 |
| Fifty Two Week Low Change | 0.16499996 |
| Fifty Two Week Low Change Percent | 0.013237061 |
| Fifty Two Week Range | 12.465 - 108.79 |
| First Trade Date Milliseconds | 1,432,819,800,000 |
| Five Year Average Return | -0.4278957 |
| Full Exchange Name | NYSEArca |
| Fund Family | Direxion Funds |
| Fund Inception Date | 1,432,771,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund, under normal circumstances, invests at least 80% of the fund’s net assets in financial instruments, including swap agreements, futures contracts, or short positions, that, in combination, provide 3X daily inverse (opposite) or short exposure to the index or to ETFs that track the index, consistent with the fund’s investment objective. The index is designed to measure the performance of the biotechnology sub-industry based on the GICS. The fund is non-diversified. |
| Long Name | Direxion Daily S&P Biotech Bear 3X Shares |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_295054278 |
| Nav Price | 12.614 |
| Net Assets | 87,263,664.0 |
| Net Expense Ratio | 1.07 |
| Open | 12.93 |
| Phone | 866-476-7523 |
| Post Market Change | -0.010000229 |
| Post Market Change Percent | -0.07917838 |
| Post Market Price | 12.62 |
| Post Market Time | 1,776,470,392 |
| Previous Close | 13.57 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.94 |
| Regular Market Change Percent | -6.92704 |
| Regular Market Day High | 13.05 |
| Regular Market Day Low | 12.465 |
| Regular Market Day Range | 12.465 - 13.05 |
| Regular Market Open | 12.93 |
| Regular Market Previous Close | 13.57 |
| Regular Market Price | 12.63 |
| Regular Market Time | 1,776,456,000 |
| Regular Market Volume | 8,507,667 |
| Short Name | Direxion Daily S&P Biotech Bear |
| Source Interval | 15 |
| Symbol | LABD |
| Three Year Average Return | -0.558696 |
| Total Assets | 87,263,664 |
| Tradeable | 0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -22.34357 |
| Trailing Three Month Returns | -22.34357 |
| Triggerable | 1 |
| Two Hundred Day Average | 33.5014 |
| Two Hundred Day Average Change | -20.871399 |
| Two Hundred Day Average Change Percent | -0.6230008 |
| Type Disp | ETF |
| Volume | 8,507,667 |
| Yield | 0.0579 |
| Ytd Return | -22.34357 |