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LABD vs FEDM

Comparison between DIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES (LABD, ETF) and FLEXSHARES ESG & CLIMATE DEVELOPED MARKETS EX-US CORE INDEX FUND (FEDM, ETF).

5-Year PerformanceFEDM has outperformed LABD, delivering a return of +7.6% compared to -40.1%

LABD vs FEDM - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
Winner
LABD
$77M
FEDM
$77M
Expense Ratio
LABD
N/A
FEDM
0.12%
Max Drawdown
LABD
99.99%
Winner
FEDM
31.30%
Sharpe Ratio
LABD
-1.78
Winner
FEDM
0.78
5Y Beta
Winner
LABD
-2.62
FEDM
0.72
5Y Dividends CAGR
LABD
-31.57%
FEDM
N/A

LABD vs FEDM - Historical Returns

Returns include dividend reinvestment.

1M
LABD
-2.08%
Winner
FEDM
+2.06%
3M
LABD
-32.14%
Winner
FEDM
+7.52%
6M
LABD
-36.34%
Winner
FEDM
+7.74%
1Y
LABD
-80.92%
Winner
FEDM
+15.58%
5Y(CAGR)
LABD
-40.11%
Winner
FEDM
+7.62%
10Y(CAGR)
LABD
-57.27%
FEDM
N/A
Max(CAGR)
LABD
-54.02%
Winner
FEDM
+7.62%

LABD vs FEDM - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

YearLABDFEDM
2026-37.78%+5.71%
2025-68.61%+27.64%
2024-18.89%+4.06%
2023-44.56%+16.79%
2022-25.77%-15.61%
2021+2.14%+1.88%
2020-89.93%N/A
2019-69.58%N/A
2018+1.91%N/A
2017-75.12%N/A
2016-44.64%N/A
2015-23.50%N/A

LABD vs FEDM Drawdown Comparison

The maximum drawdown for LABD was -99.99%, occurring on Apr 17, 2026. This drawdown has not yet recovered.

The maximum drawdown for FEDM was -29.36%, occurring on Sep 27, 2022. Recovery took 583 trading sessions.

The current LABD drawdown is -99.99%. The current FEDM drawdown is -1.19%.

RankLABDFEDM
#1-99.99%
Feb 11, 2016 - Apr 17, 2026
-29.36%
Nov 8, 2021 - Mar 6, 2024
#2-53.76%
Sep 29, 2015 - Jan 19, 2016
-14.24%
Sep 26, 2024 - May 2, 2025
#3-41.58%
Aug 24, 2015 - Sep 28, 2015
-11.91%
Feb 25, 2026 - Mar 20, 2026
#4-39.32%
May 28, 2015 - Aug 20, 2015
-7.09%
Jul 12, 2024 - Aug 21, 2024
#5-14.71%
Jan 19, 2016 - Jan 27, 2016
-4.97%
Oct 21, 2025 - Dec 23, 2025
#6-8.21%
Jan 28, 2016 - Feb 2, 2016
-4.87%
Mar 27, 2024 - May 9, 2024
#7-6.76%
Feb 2, 2016 - Feb 5, 2016
-4.41%
Jul 23, 2025 - Aug 18, 2025
#8-1.53%
Feb 8, 2016 - Feb 11, 2016
-3.77%
Sep 23, 2021 - Oct 20, 2021
#9-0.27%
Aug 20, 2015 - Aug 24, 2015
-3.66%
Jun 6, 2024 - Jul 10, 2024
#10N/A-3.18%
Aug 30, 2024 - Sep 19, 2024
#11N/A-3.17%
Oct 6, 2025 - Oct 15, 2025
#12N/A-2.80%
Jun 12, 2025 - Jun 30, 2025
#13N/A-2.79%
Aug 22, 2025 - Sep 11, 2025
#14N/A-2.33%
May 15, 2024 - Jun 5, 2024
#15N/A-2.20%
Jan 12, 2026 - Jan 26, 2026

Correlation

Correlation between LABD and FEDM is -0.69 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.69
-101

Dividend Comparison (2018 - 2026)

LABD vs FEDM dividend yield comparison.

YearLABDFEDM
20260.68%0.25%
20256.67%2.97%
20244.68%2.94%
20236.13%2.61%
20220.53%2.53%
20210.00%0.62%
20203.94%0.00%
20191.75%0.00%
20180.81%0.00%

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