Direxion Daily S&P Biotech Bull 3X Shares (LABU)Trading--Leveraged Equity | Exchange Traded Fund | NYSEArca
222.94 USD
+12.92
(6.152%)
⇧
(Oct. 15, 2026, 4 p.m.
EDT)
After hours: 223.14 +0.20 (0.090%) ⇧ (Oct. 15, 2026, 7:58 p.m. EDT) |
Hot Take ↕ | Oct. 10, 2026, 5:03 a.m. EDT
The long-term outlook is severely compromised by a brutal multi-year decline; the asset has lost nearly 89% of its value over the last nine years, with the most recent annual performance also negative. This is a classic leveraged ETF decay scenario where compounding losses have eroded the underlying exposure, making it a poor candidate for buy-and-hold strategies despite occasional sector rallies. The short-term picture is mixed but leans cautious; while the price recently rallied off its lows, it remains trapped below its 50-day moving average, and the massive put wall suggests traders are expecting further volatility or a continuation of the downtrend. The dividend yield is negligible and irrelevant given the capital destruction occurring in the share price. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.103252 |
| MSTL | 0.122396 |
| AutoETS | 0.127193 |
| AutoARIMA | 0.128032 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 31% |
| H-stat | 14.07 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.351 |
| Excess Kurtosis | -0.79 |
As of Oct. 10, 2026, 5:03 a.m. EDT: Speculators are positioning defensively with heavy put volume and open interest concentrated well below current prices, creating significant support walls at strikes like 180 and 215. While there is some call activity at higher strikes (295-315), the overwhelming sentiment is hedging against a drop, with implied volatility elevated on downside strikes relative to the upside.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.53% | 0.53% | 0.54% | 0.36% |
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-23 | 0.910 | 0.529963 |
| 2025-09-23 | 0.103 | 0.121234 |
| 2025-06-24 | 0.219 | 0.372069 |
| 2025-03-25 | 0.107 | 0.140734 |
| 2024-06-25 | 0.150 | 0.129949 |
| 2024-03-19 | 0.161 | 0.124893 |
| 2023-12-21 | 0.210 | 0.199962 |
| 2023-09-19 | 0.040 | 0.046296 |
| 2023-06-21 | 0.180 | 0.131387 |
| 2019-12-23 | 0.100 | 0.008030 |
| 2019-09-24 | 0.220 | 0.030995 |
| 2019-06-25 | 0.740 | 0.082314 |
| 2019-03-19 | 2.200 | 0.177391 |
| 2018-12-27 | 1.920 | 0.321608 |
| 2018-09-25 | 1.900 | 0.098814 |
| 2018-06-19 | 0.380 | 0.017645 |
| 2017-12-13 | 2.660 | 0.182868 |
| Attribute | Value |
|---|---|
| All Time High | 4,785.6 |
| All Time Low | 32.55 |
| Ask | 0.0 |
| Ask Size | 100 |
| Average Daily Volume10 Day | 511,160 |
| Average Daily Volume3 Month | 393,423 |
| Average Volume | 393,423 |
| Average Volume10Days | 511,160 |
| Beta3 Year | 3.16 |
| Bid | 0.0 |
| Bid Size | 400 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 227.47 |
| Day Low | 211.7961 |
| Display Name | Dly S&P Biotech Bull 3X Shares |
| Dividend Yield | 0.34 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 273.985 |
| Fifty Day Average Change | -51.044983 |
| Fifty Day Average Change Percent | -0.18630576 |
| Fifty Two Week Change Percent | 82.356514 |
| Fifty Two Week High | 341.93 |
| Fifty Two Week High Change | -118.98999 |
| Fifty Two Week High Change Percent | -0.3479952 |
| Fifty Two Week Low | 108.9 |
| Fifty Two Week Low Change | 114.04 |
| Fifty Two Week Low Change Percent | 1.0471992 |
| Fifty Two Week Range | 108.9 - 341.93 |
| First Trade Date Milliseconds | 1,432,819,800,000 |
| Five Year Average Return | -0.2839717 |
| Full Exchange Name | NYSEArca |
| Fullday Change | 15.0 |
| Fullday Change Percent | 7.1421766 |
| Fullday Price | 222.94 |
| 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 its net assets in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index, that, in combination, provide 3X daily leveraged exposure to 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 Global Industry Classification Standards ("GICS"). The fund is non-diversified. |
| Long Name | Direxion Daily S&P Biotech Bull 3X Shares |
| Market | us_market |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_295054277 |
| Nav Price | 210.115 |
| Net Assets | 616,188,290.0 |
| Net Expense Ratio | 0.96 |
| Open | 214.17 |
| Phone | 866-476-7523 |
| Post Market Change | 0.19999695 |
| Post Market Change Percent | 0.089708865 |
| Post Market Price | 223.14 |
| Post Market Time | 1,792,108,693 |
| Previous Close | 210.02 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 12.92 |
| Regular Market Change Percent | 6.15179 |
| Regular Market Day High | 227.47 |
| Regular Market Day Low | 211.7961 |
| Regular Market Day Range | 211.7961 - 227.47 |
| Regular Market Open | 214.17 |
| Regular Market Previous Close | 210.02 |
| Regular Market Price | 222.94 |
| Regular Market Time | 1,792,094,400 |
| Regular Market Volume | 407,360 |
| Short Name | Direxion Daily S&P Biotech Bull |
| Source Interval | 15 |
| Symbol | LABU |
| Three Year Average Return | 0.4909514 |
| Total Assets | 616,188,288 |
| Tradeable | 0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -9.0929 |
| Trailing Three Month Returns | -9.0929 |
| Triggerable | 1 |
| Two Hundred Day Average | 212.4684 |
| Two Hundred Day Average Change | 10.471603 |
| Two Hundred Day Average Change Percent | 0.049285464 |
| Type Disp | ETF |
| Volume | 407,360 |
| Yield | 0.0034 |
| Ytd Return | 66.4998 |