Direxion Daily S&P Biotech Bear 3X ETF (LABD) Dividend Yield, History & Forecast

Direxion Daily S&P Biotech Bear 3X ETF (LABD) is an exchange-traded fund (ETF) listed on the New York Stock Exchange Arca. It pays a current dividend yield of 7.87% ($0.65 per share annually (TTM)). The most recent ex-dividend date was June 23, 2026, with payment scheduled for June 30, 2026. market capitalization is approximately $21M.

LABD fund composition

LABD holds 11 positions. It charges an expense ratio of 1.08%, and manages $51.9M.

Sector allocation

Cash & Others100.0%

Frequently Asked Questions about Direxion Daily S&P Biotech Bear 3X ETF (LABD)

What is Direxion Daily S&P Biotech Bear 3X ETF's dividend yield?
Direxion Daily S&P Biotech Bear 3X ETF (LABD) pays a current trailing twelve-month dividend yield of 7.87%, which works out to $0.65 per share annually based on the most recent payout schedule.
When does Direxion Daily S&P Biotech Bear 3X ETF pay distributions?
The most recent ex-dividend date was June 23, 2026. The next scheduled dividend payment date is June 30, 2026.
What does Direxion Daily S&P Biotech Bear 3X ETF invest in?
The Direxion Daily S&P Biotech Bull and Bear 3X ETFs are designed to deliver daily investment returns reflecting triple (300%) the performance of the S&P Biotechnology Select Industry Index, or triple its inverse (opposite) performance, before factoring in any fees or expenses. It's important to note, however, that there is no assurance these funds will successfully achieve their intended daily objectives.