LABD News and Press, Direxion Daily S&P Biotech Bear 3X Shares From 09/29/23

2023-09-29 16:50:34 ET Summary Pairing Direxion Daily's S&P Biotech Bull 3X Shares ETF with their S&P Biotech Bear 3X Shares ETF produces a low volatility couple. Shorting both assets is attractive because leveraged assets erode over time due to their higher beta and inabi...

2023-09-20 13:58:26 ET More on Direxion Daily S&P Biotech Bear 3x Shares ETF Seeking Alpha’s Quant Rating on Direxion Daily S&P Biotech Bear 3x Shares ETF Dividend scorecard for Direxion Daily S&P Biotech Bear 3x Shares ETF LABD: 3X Leveraged Inver...

2023-08-31 14:31:29 ET Summary Leveraged ETFs often underperform their underlying index due to beta-slippage, roll yield, tracking errors, and management costs. A drift dashboard with 22 of them. Leveraged ETFs in semiconductors show large drifts. We look at the drift hist...

2023-08-02 04:00:18 ET Summary A drift watchlist with SDS and 21 other leveraged ETFs. A semiconductors leveraged ETF shows the worst decay. The average decay of SDS is close to zero, but it may be negative during long periods. The ProShares UltraShort S&P500 ETF...

2023-07-21 15:03:27 ET Summary Direxion Daily S&P Biotech Bear 3X Shares ETF failed to generate decent yield & price growth over the past 90 months. I don’t foresee this fund generating positive growth in the near future, either. LABD has a high expense ratio, and i...

2023-07-02 08:15:12 ET Summary Leveraged ETFs have a non-linear and path-dependent behavior. A drift dashboard with 22 of them. Leveraged ETFs in biotechnology and semiconductors show the largest drifts. A closer look at Direxion Daily S&P 500 Bull 2X Shares ETF. ...

2023-06-22 14:07:57 ET Direxion Daily S&P Biotech Bear 3X Shares ( NYSEARCA: LABD ) - $0.0998 . Payable Jun 28; for shareholders of record Jun 22; ex-div Jun 21. For further details see: Direxion Daily S&P Biotech Bear 3X Shares declares quarterly distrib...

2023-06-01 16:41:47 ET Summary I discuss the reasons why leveraged ETFs drift. A dashboard with 22 of them. The worst decays are in biotechnology and semiconductors ETFs. Lessons from ProShares UltraPro Dow30 ETF history. ProShares UltraPro Dow30 ETF (UDOW) i...

2023-05-21 09:23:18 ET Summary Two new Breakout Stocks for Week 21 with better than 10% short-term upside, ETF updates and a Dow 30 Pick. Average cumulative returns for 2023 are +74.8% YTD. Last week we had peak gains in ANNX +16%, EHTH +13.2%, FLNC +9%, ALLK +7.5%. The Active ETF...

2023-05-14 07:47:41 ET Summary Two new Breakout Stocks for Week 20 with better than 10% short-term upside, ETF updates, and two Dow 30 Picks. Average cumulative returns for 2023 are +68.3% YTD. The negative MG Signal continues, but peak gains were in COIN +14.4% and TLRY +7.1%. Th...