Here, we look at two popular leveraged biotech ETFs: BIB and LABU. The biotech sector includes companies that specialize in cutting-edge biological science and medical devices. Given its potential to create lifesaving cures and ward off disease, biotech stocks have a lot of upside potential—but also come with a greater degree of risk of failure.
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 long should you hold a leveraged biotech ETF?
Although some leveraged biotech ETFs have fared well during the industry's bull run, this type of ETF should only be held for relatively short periods due to the time decay inherent in many leveraged products. Here, we look at two popular leveraged biotech ETFs: BIB and LABU.
