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Sunday, August 23, 2026The Morning Brief →Sign in
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES

DIREXION DAILY S&P BIOTECH BEAR 3X SHARES

$6.29-4.12% today
4.344152-WK
Price & daily flows
33.522.912.336.29DAILY NET FLOWAug 22Dec 19Apr 21Aug 21

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN · NET −$474M OVER THIS RANGE

The desk’s read

Money keeps arriving — +$15M of net buying over the past month, about 21.8% of the fund's asset base, while the price has returned -70.5% so far this year.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$68Massets under management
expense ratio
+$15Mnet flow, trailing month
13.1Mavg daily volume, 30 days
1holdings · US-domiciled
2024listed July 30, 2024 · beta -2.01
Sector weights
Cash & Others100%
Cash100%
Other100%
Healthcare5.38%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
United States100%
Other100%
Cash100%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week-16.9%
1 month-25.7%
3 months-56.0%
6 months-66.0%
YTD-70.5%
1 year+13.1%
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week+$16M
1 month+$15M
3 months+$38M
YTD+$56M
1 year−$474M

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

Monthly net flows
SepOctNovDecJanFebMarAprMayJunJulAug
DAILY CREATION/REDEMPTION RECORDS, TRAILING TWELVE MONTHS
The risk read
100%realized volatility, 30 days (annualized)
243%realized volatility, 1 year
-85.7%deepest fall from a peak, 1 year
-84.8%where it sits vs. that peak today

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

Options tape
472calls today
1Kputs today
2.84put/call ratio
20.2Mshares traded
InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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