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LABU · Direxion Daily S&P Biotech Bull 3x Shares

Over the last 11 years (2015-06 to 2026-09), $10,000 invested in LABU with dividends reinvested grew to $831, -19.71% a year, with a worst peak-to-trough fall of -98.66%. Past performance doesn't predict future results.

Growth of $10,000 · 2015-06 to 2026-09 · dividends reinvested

CAGR (annualized return)
-19.71%
Volatility (annualized)
85.11%
Worst drawdown
-98.66%
Sharpe ratio
0.17

How LABU held up in past market crashes

LABU has been through 3 of the market crashes since 2000 in our data. Its deepest price fall was 88.9% in the 2022 bear market, when the S&P 500 fell 25.4%. Its price had not yet regained that high by the latest close (price only, not counting the dividends or interest it paid). No fund is safe from losses; past falls do not predict future ones.

Deepest price fall and recovery time of LABU in each market crash, next to the S&P 500
CrashLABU deepest fallS&P 500 (SPY)Peak to bottomBack to peak
2018 fourth-quarter selloff-74.0%-20.2%Sep 2018 to Dec 201823 months
2020 COVID crash-76.2%-34.1%Feb 2020 to Mar 20203 months
2022 bear market-88.9%-25.4%Jan 2022 to Jun 2022Not yet

Price declines in the fund's listing currency, dividends not included, inside each crash's S&P 500 peak-to-bottom window. See how 50 popular ETFs compare in the crash study.

About LABU

Direxion Daily S&P Biotech Bull 3X Shares is a leveraged exchange-traded fund designed to provide daily investment results that correspond to three times the performance of the S&P Biotechnology Select Industry Index before fees and expenses. The fund focuses on U.S. biotechnology companies and uses derivatives, swap agreements, and related instruments to create amplified exposure to the sector. Its portfolio is built around biotech names across areas such as drug development, genomics, diagnostics, and life sciences, making it a specialized tool for tracking short-term moves in the biotechnology market. Direxion Daily S&P Biotech Bull 3X Shares is used by market participants seeking targeted exposure to biotechnology within a single fund structure.

Put LABU to the test

Every tool below opens prefilled with LABU: free, no account needed.

Educational use only, not investment advice. Results are hypothetical.Read full disclaimer

This tool is for educational and informational purposes only and does not provide financial, investment, tax, legal, or accounting advice. Results are hypothetical and based on historical data and assumptions that may be inaccurate. Past performance does not guarantee future results. Consult a licensed professional before making investment decisions.

LABU (Direxion Daily S&P Biotech Bull 3x Shares): returns, risk & backtest · Informed Portfolio