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LABD vs LABU

Direxion Daily S&P Biotech Bear 3X Shares vs Direxion Daily S&P Biotech Bull 3X Shares

LABD

Direxion Daily S&P Biotech Bear 3X Shares

Direxion Funds

Annual cost

1.07%

Fund size

$69M

LABU

Direxion Daily S&P Biotech Bull 3X Shares

Direxion Funds

Annual cost

0.96%

Fund size

$528M

Key differences

  • LABU costs 0.11% less per year.
  • LABU is significantly larger than LABD — larger funds tend to be more liquid and less likely to close.
  • LABD follows a inverse strategy; LABU uses leveraged.
  • Over the last 3 years, LABU has delivered higher annualized returns.

Side-by-side comparison

LABDLABU
Annual cost (TER)1.07%0.96%
Fund size (AUM)$69M$528M
Since20152015
Dividend yield6.38%0.69%
Asset classequityequity
Regionnorth americanorth america
Strategyinverseleveraged
CAGR 1Y-82.9%+246.3%
CAGR 3Y-50.8%+10.2%
CAGR 5Y-42.0%-32.0%
Sharpe 3Y-0.520.48
Volatility 1Y74.72%75.02%
Max drawdown-99.98%-98.96%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to LABD and LABU