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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
09/25/2023 |
$21.13 |
$21.90 |
$21.09 |
$21.68 |
3.28M | 09/26/2023 |
$21.01 |
$21.14 |
$19.32 |
$20.46 |
4.55M | 09/27/2023 |
$20.00 |
$20.55 |
$19.19 |
$19.84 |
3.36M | 09/28/2023 |
$19.83 |
$20.95 |
$19.80 |
$20.00 |
4.83M | 09/29/2023 |
$19.59 |
$20.81 |
$19.29 |
$20.60 |
4.33M |
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Direxion Shares Exchange Traded Fund Trust - Daily S&P Biotech Bear 3X Shares is an open-end management investment company. The Fund seeks daily investment results, before fees and expenses that correspond to the S&P Biotechnology Select Industry Index. As of Oct 31 2015, the Fund's total assets were $37,474,568 and the Fund's investments portfolio was valued at $8,730,089. | |
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Direxion Shares ETF Trust - Daily S&P Biotech Bear 3X Shs (LABD) has the following price history information. Looking back at LABD historical stock prices for the last five trading days, on September 25, 2023, LABD opened at $21.13, traded as high as $21.90 and as low as $21.09, and closed at $21.68. Trading volume was a total of 3.28M shares. On September 26, 2023, LABD opened at $21.01, traded as high as $21.14 and as low as $19.32, and closed at $20.46. Trading volume was a total of 4.55M shares. On September 27, 2023, LABD opened at $20.00, traded as high as $20.55 and as low as $19.19, and closed at $19.84. Trading volume was a total of 3.36M shares. On September 28, 2023, LABD opened at $19.83, traded as high as $20.95 and as low as $19.80, and closed at $20.00. Trading volume was a total of 4.83M shares. On September 29, 2023, LABD opened at $19.59, traded as high as $20.81 and as low as $19.29, and closed at $20.60. Trading volume was a total of 4.33M shares.
LABD Historical Stock Prices By Date:

Below, we examine the compound annual growth rate — CAGR for short — of an investment into Direxion Shares ETF Trust - Daily S&P Biotech Bear 3X Shs shares, starting with a $10,000 purchase of LABD, and working forward through the historical stock price information to today.
Growth of $10,000.00
With Dividends Reinvested
|
Start date: |
05/29/2015 |
|
End date: |
09/29/2023 |
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Start price/share: |
$7,700.00 |
|
End price/share: |
$20.60 |
|
Starting shares: |
1.30 |
|
Ending shares: |
1.38 |
|
Dividends reinvested/share: |
$12.74 |
|
Total return: |
-99.72% |
|
Average Annual Total Return: |
-50.50% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$28.33 |
|
Years: |
8.34 |
|
|
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
05/29/2015 |
|
End date: |
09/29/2023 |
|
Start price/share: |
$7,700.00 |
|
End price/share: |
$20.60 |
|
Dividends collected/share: |
$12.74 |
|
Total return: |
-99.57% |
|
Average Annual Total Return: |
-47.92% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$43.28 |
|
Years: |
8.34 |
|
|
 |
Date |
Close |
09/25/2023 | $21.68 | 09/26/2023 | $20.46 | 09/27/2023 | $19.84 | 09/28/2023 | $20.00 | 09/29/2023 | $20.60 |
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