---
ticker: "LABD"
name: "Direxion Daily S&P Biotech Bear 3X ETF"
url: "https://etf.net/etf/LABD"
grade: "D"
score: 38
graded_at: "2026-10-12"
category: "3x Leveraged Inverse"
category_rank: "10 of 14"
methodology: "https://etf.net/methodology"
---

# LABD: Direxion Daily S&P Biotech Bear 3X ETF

Grade **D**, Score 38 of 100. Rank 10 of 14 in 3x Leveraged Inverse.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 42 | 8 of 14 |
| Mission | Not scored | — |
| Risk | 15 | 13 of 14 |
| Tradability | 49 | 8 of 14 |
| Holdings | Not scored | — |
| Durability | 56 | 5 of 14 |

## Top holdings

The fund holds 6 positions. These are the largest 6, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Spsibi Swap Asset Leg (Spsibimls) | 61.71% |
| 2 | — | Spsibi Swap Asset Leg (Spsibibcs) | 48.13% |
| 3 | — | Spsibi Swap Asset Leg (Spsibicts) | 30.09% |
| 4 | — | Spsibi Swap Asset Leg (Spsibigss) | 6.68% |
| 5 | — | Spsibi Swap Asset Leg (Spsibiubs) | 2.41% |
| 6 | — | Spsibi Swap Asset Leg (Spsibijps) | 1.78% |

Source: etf.net, https://etf.net/etf/LABD. Please cite the page URL.