LABD
$7.14-8.58%
Direxion Daily S&P Biotech Bear 3X ETFETF · ETFs
Direxion Daily S&P Biotech Bear 3X ETF monthly returns
Direxion Daily S&P Biotech Bear 3X ETF has averaged -3.69% per month, positive in 41% of months. Month-by-month returns for Direxion Daily S&P Biotech Bear 3X ETF (LABD) below, through October 27, 2026 — the table lists the most recent months; the bar chart plots the last 5 years.
Average month
-3.7%
130 months
Best month
+130.6%
Jan 2016
Worst month
-50.9%
Apr 2020
Positive months
41%
of all months
Direxion Daily S&P Biotech Bear 3X ETF monthly returns#
| Month | Path | Total return |
|---|---|---|
| Oct 2026 | +1.6% | |
| Sep 2026 | +6.9% | |
| Aug 2026 | -28.9% | |
| Jul 2026 | +21.1% | |
| Jun 2026 | -39.2% | |
| May 2026 | -13.9% | |
| Apr 2026 | -9.0% | |
| Mar 2026 | -7.4% | |
| Feb 2026 | -7.9% | |
| Jan 2026 | -8.8% | |
| Dec 2025 | +0.2% | |
| Nov 2025 | -24.3% | |
| Oct 2025 | -30.6% | |
| Sep 2025 | -25.3% | |
| Aug 2025 | -13.7% | |
| Jul 2025 | -11.0% | |
| Jun 2025 | -9.1% | |
| May 2025 | +9.8% | |
| Apr 2025 | -16.4% | |
| Mar 2025 | +26.8% | |
| Feb 2025 | +12.9% | |
| Jan 2025 | -9.1% | |
| Dec 2024 | +30.9% | |
| Nov 2024 | -9.9% | |
| Oct 2024 | +5.3% | |
| Sep 2024 | +6.7% | |
| Aug 2024 | -7.7% | |
| Jul 2024 | -19.0% | |
| Jun 2024 | -13.5% | |
| May 2024 | -15.7% | |
| Apr 2024 | +38.0% | |
| Mar 2024 | +9.1% | |
| Feb 2024 | -33.3% | |
| Jan 2024 | +3.5% | |
| Dec 2023 | -42.8% | |
| Nov 2023 | -36.6% | |
| Oct 2023 | +30.0% | |
| Sep 2023 | +39.4% | |
| Aug 2023 | +19.9% | |
| Jul 2023 | -4.3% | |
| Jun 2023 | +2.0% | |
| May 2023 | -16.5% | |
| Apr 2023 | -18.0% | |
| Mar 2023 | +23.5% | |
| Feb 2023 | +21.1% | |
| Jan 2023 | -20.1% | |
| Dec 2022 | -3.3% | |
| Nov 2022 | -11.5% | |
| Oct 2022 | -15.8% | |
| Sep 2022 | +7.1% | |
| Aug 2022 | -17.8% | |
| Jul 2022 | -30.2% | |
| Jun 2022 | -31.2% | |
| May 2022 | -1.5% | |
| Apr 2022 | +63.8% | |
| Mar 2022 | -12.4% | |
| Feb 2022 | +3.3% | |
| Jan 2022 | +50.7% | |
| Dec 2021 | +1.4% | |
| Nov 2021 | +19.0% | |
| Oct 2021 | +0.1% | |
| Sep 2021 | +13.8% | |
| Aug 2021 | -23.6% | |
| Jul 2021 | +27.0% | |
| Jun 2021 | -18.2% | |
| May 2021 | +16.2% | |
| Apr 2021 | -6.7% | |
| Mar 2021 | +11.5% | |
| Feb 2021 | +2.5% | |
| Jan 2021 | -24.8% | |
| Dec 2020 | -19.2% | |
| Nov 2020 | -42.3% | |
| Oct 2020 | -9.2% | |
| Sep 2020 | -6.4% | |
| Aug 2020 | -10.7% | |
| Jul 2020 | +2.9% | |
| Jun 2020 | -25.9% | |
| May 2020 | -32.3% | |
| Apr 2020 | -50.9% | |
| Mar 2020 | +0.2% | |
| Feb 2020 | -4.9% | |
| Jan 2020 | +19.8% | |
| Dec 2019 | -6.4% | |
| Nov 2019 | -35.3% | |
| Oct 2019 | -19.4% | |
| Sep 2019 | +13.9% | |
| Aug 2019 | +16.7% | |
| Jul 2019 | +5.8% | |
| Jun 2019 | -29.3% | |
| May 2019 | +19.0% | |
| Apr 2019 | +16.5% | |
| Mar 2019 | -9.2% | |
| Feb 2019 | -19.5% | |
| Jan 2019 | -41.1% | |
| Dec 2018 | +30.7% | |
| Nov 2018 | -16.6% | |
| Oct 2018 | +61.0% | |
| Sep 2018 | +12.6% | |
| Aug 2018 | -14.9% | |
| Jul 2018 | -1.7% | |
| Jun 2018 | -1.2% | |
| May 2018 | -26.2% | |
| Apr 2018 | -2.6% | |
| Mar 2018 | +5.4% | |
| Feb 2018 | +5.2% | |
| Jan 2018 | -28.6% | |
| Dec 2017 | -8.0% | |
| Nov 2017 | -0.6% | |
| Oct 2017 | +9.6% | |
| Sep 2017 | -9.8% | |
| Aug 2017 | -21.8% | |
| Jul 2017 | -5.5% | |
| Jun 2017 | -36.0% | |
| May 2017 | +14.3% | |
| Apr 2017 | -9.9% | |
| Mar 2017 | +0.1% | |
| Feb 2017 | -23.3% | |
| Jan 2017 | -28.1% | |
| Dec 2016 | +13.5% | |
| Nov 2016 | -39.0% |
Monthly total return (since Nov 2021)#
-60%-40%-20%0%20%40%60%
Nov 2021+19%
Dec 2021+1.4%
Jan 2022+51%2022
Feb 2022+3.3%
Mar 2022-12%
Apr 2022+64%
May 2022-1.5%
Jun 2022-31%
Jul 2022-30%
Aug 2022-18%
Sep 2022+7.1%
Oct 2022-16%
Nov 2022-11%
Dec 2022-3.3%
Jan 2023-20%2023
Feb 2023+21%
Mar 2023+24%
Apr 2023-18%
May 2023-17%
Jun 2023+2.0%
Jul 2023-4.3%
Aug 2023+20%
Sep 2023+39%
Oct 2023+30%
Nov 2023-37%
Dec 2023-43%
Jan 2024+3.5%2024
Feb 2024-33%
Mar 2024+9.1%
Apr 2024+38%
May 2024-16%
Jun 2024-13%
Jul 2024-19%
Aug 2024-7.7%
Sep 2024+6.7%
Oct 2024+5.3%
Nov 2024-9.9%
Dec 2024+31%
Jan 2025-9.1%2025
Feb 2025+13%
Mar 2025+27%
Apr 2025-16%
May 2025+9.8%
Jun 2025-9.1%
Jul 2025-11%
Aug 2025-14%
Sep 2025-25%
Oct 2025-31%
Nov 2025-24%
Dec 2025+0.2%
Jan 2026-8.8%2026
Feb 2026-7.9%
Mar 2026-7.4%
Apr 2026-9.0%
May 2026-14%
Jun 2026-39%
Jul 2026+21%
Aug 2026-29%
Sep 2026+6.9%
Oct 2026+1.6%
Direxion Daily S&P Biotech Bear 3X ETF returns by calendar month#
Every month of every year since 2016, one tick per year on a shared scale; the dark bar is the month's average. Total returns, dividends reinvested.
October 2026 so far: +1.56% — 6th of 11 Octobers since 2016 at the last close; the average October returned +8.9%.
| Month | −135%0+135% | Average | Median | Up | Best | Worst |
|---|---|---|---|---|---|---|
| Jan | +4.0% | -9.1% | 36% | +130.6% 2016 | -41.1% 2019 | |
| Feb | -3.5% | +2.5% | 55% | +21.1% 2023 | -33.3% 2024 | |
| Mar | +1.6% | +0.2% | 64% | +26.8% 2025 | -29.7% 2016 | |
| Apr | -1.2% | -9.0% | 27% | +63.8% 2022 | -50.9% 2020 | |
| May | -6.6% | -13.9% | 36% | +19.0% 2019 | -32.3% 2020 | |
| Jun | -17.2% | -18.2% | 18% | +12.8% 2016 | -39.2% 2026 | |
| Jul | -4.7% | -4.3% | 36% | +27.0% 2021 | -36.6% 2016 | |
| Aug | -8.8% | -13.7% | 27% | +19.9% 2023 | -28.9% 2026 | |
| Sep | +2.7% | +6.9% | 64% | +39.4% 2023 | -29.3% 2016 | |
| Oct | +8.9% | +2.7% | 60% | +61.0% 2018 | -30.6% 2025 | |
| Nov | -19.7% | -20.4% | 10% | +19.0% 2021 | -42.3% 2020 | |
| Dec | -0.3% | -1.6% | 50% | +30.9% 2024 | -42.8% 2023 |
Methodology#
Monthly returns are total returns (dividends reinvested), computed from LABD's split- and dividend-adjusted month-end closes. The table shows the most recent 120 months and the bar chart the most recent 60. See the year-by-year returns for the annual view. Past performance does not predict future returns; not investment advice.
FAQ#
- What is Direxion Daily S&P Biotech Bear 3X ETF's average monthly return?
- Direxion Daily S&P Biotech Bear 3X ETF (LABD) has averaged about -3.69% per month, positive in roughly 41% of months. The best month was Jan 2016 (+130.6%) and the worst was Apr 2020 (-50.9%).
More on Direxion Daily S&P Biotech Bear 3X ETF
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