Should you invest in the Direxion daily S&P biotech Bull 3x fund?

You should not expect the fund to provide three times the return of the benchmark's cumulative return for periods greater than a day. The Direxion Daily S&P Biotech Bull 3X Fund (LABU) is an ETF that seeks to replicate 300% of the daily performance of its benchmark, the S&P Biotechnology Select Industry Index.

What is a Labu ETF?

LABU | A complete Direxion Daily S&P Biotech Bull 3X Shares exchange traded fund overview by MarketWatch. View the latest ETF prices and news for better ETF investing.

How does Direxion S&P biotech Bull 3x create long positions?

The Fund creates long positions by investing at least 80% of its assets in the securities that comprise the Index and/or financial instruments that provide leveraged and unleveraged exposure to the Index. LABU | A complete Direxion Daily S&P Biotech Bull 3X Shares exchange traded fund overview by MarketWatch.