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Dividend Vision

LABU — Direxion Daily S&P Biotech Bull 3X Shares

Direxion Daily S&P Biotech Bull 3X Shares (LABU)

LABU pays a 0.07% distribution rate, quarterly, on a 0.96% expense ratio. Its Distribution Safety Score™ is 19 (High risk), giving a Safety-Adjusted Yield of 0.01%. Total return is -90.9% over the past 11.2 years, 431.3 points behind SPY at 340.4%. Its deepest 1-year drawdown was 30.7%.

Direxion Daily S&P Biotech Bull 3X Shares is an ETF that seeks to deliver three times the daily performance of the S&P Biotechnology Select Industry Index through leveraged exposure via swap agreements, index securities, and related ETFs. The fund carries a high expense ratio and distributes quarterly at a modest rate. It appeals to experienced traders and investors seeking amplified short-term exposure to the biotechnology sector, though the daily rebalancing and leverage introduce elevated volatility and complexity unsuitable for typical buy-and-hold investors.

LABU key facts

Distribution Safety Score™
19 · High risk
Safety-Adjusted Yield
0.01%
Issuer
Direxion
Asset type
ETF
Asset class
Equity
Inception date
05/28/2015
Expense ratio
0.96%
Distribution rate
0.07%
Distribution frequency
Quarterly
Trailing yield
0.37%
Last close
$276.54
AUM
$600,518,225
Average volume
323476.0
Last dividend
$0.9100
Ex-dividend date
12/23/2025
Payment date
12/31/2025
Beta
3.26