All 142 LABU Holdings

The LABU ETF, or Direxion Daily S&P Biotech Bull 3x Shares, is an investment product that allows you to invest in the biotechnology sector with leveraged exposure. This means the ETF aims to deliver three times (3x) the daily performance of its underlying index, the S&P Biotechnology Select Industry Index, which includes a diverse range of biotechnology companies. Biotechnology companies focus on developing new drugs, therapies, and medical technologies. While investing in LABU can potentially yield higher returns, it is more suitable for short-term trading due to its leveraged nature, and it carries higher risks compared to non-leveraged ETFs.