labu betIf Acquired Fund Fees and Expenses were excluded, the Net Expense Ratio would be 0.91% for LABU and 0.95% for LABD. The Funds’ adviser, Rafferty Asset Management,The Direxion Daily S&P Biotech Bull and Bear 3X Shares (LABU) provides 3x daily exposure to a biotechnology index. Explore more details here. ... (i.e. the exposure grows as