Direxion Dl Glbl Clean Ey Bull 2X Shrs (KLNE)
6.27
+0.17
(+2.79%)
USD |
NYSEARCA |
May 02, 16:00
7.11
+0.84
(+13.40%)
After-Hours: 20:00
Price Chart
Key Stats
Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
1.33% | 0.59% | 3.335M | 12696.10 |
Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
2.63% | 6.00% | 2.398M | Upgrade |
Basic Info
Investment Strategy | |
The investment seeks daily investment results, before fees and expenses, of 200% of the daily performance of the S&P Global Clean Energy Index. The index is designed to track the performance of companies from developed and emerging markets whose economic fortunes are tied to the global clean energy business. The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and exchange-traded funds ("ETFs") that track the index, that, in combination, provide 2X daily leveraged exposure to the index, consistent with the fund's investment objective. It is non-diversified. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | Mid Cap/Growth |
Fixed Income Style | -- |
Broad Asset Class | Miscellaneous |
Broad Category | Miscellaneous |
Category Name | Trading--Leveraged Equity |
Category Index | S&P 500 TR USD |
Global Category Name | Trading Tools |
YCharts Categorization | Other |
YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
Prospectus Objective | Growth and Income |
Fund Owner Firm Name | Direxion Funds |
Prospectus Benchmark Index | |
S&P Global Clean Energy USD | 200.0% |
Broad Asset Class Benchmark Index | |
^SPXTR | 100.0% |
Manager Tenure | |
Paul Brigandi | 2.68 yrs |
Tony Ng | 2.68 yrs |
Performance Versus Category
As of May 01, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of May 01, 2024.
Basic Info
Investment Strategy | |
The investment seeks daily investment results, before fees and expenses, of 200% of the daily performance of the S&P Global Clean Energy Index. The index is designed to track the performance of companies from developed and emerging markets whose economic fortunes are tied to the global clean energy business. The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and exchange-traded funds ("ETFs") that track the index, that, in combination, provide 2X daily leveraged exposure to the index, consistent with the fund's investment objective. It is non-diversified. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | Mid Cap/Growth |
Fixed Income Style | -- |
Broad Asset Class | Miscellaneous |
Broad Category | Miscellaneous |
Category Name | Trading--Leveraged Equity |
Category Index | S&P 500 TR USD |
Global Category Name | Trading Tools |
YCharts Categorization | Other |
YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
Prospectus Objective | Growth and Income |
Fund Owner Firm Name | Direxion Funds |
Prospectus Benchmark Index | |
S&P Global Clean Energy USD | 200.0% |
Broad Asset Class Benchmark Index | |
^SPXTR | 100.0% |
Manager Tenure | |
Paul Brigandi | 2.68 yrs |
Tony Ng | 2.68 yrs |