Direxion Daily Cld Cmptng Bl 2X Shs ETF (CLDL)
9.31
-0.10
(-1.06%)
USD |
NYSEARCA |
Apr 18, 16:00
8.60
-0.71
(-7.63%)
Pre-Market: 08:27
Price Chart
Key Stats
Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
0.97% | -0.40% | 5.141M | 17437.40 |
Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
0.00% | 30.00% | -3.580M | Upgrade |
Basic Info
Investment Strategy | |
The investment seeks daily investment results, before fees and expenses, of 200% of the daily performance of the Indxx USA Cloud Computing Index. The index is provided by Indxx, LLC and includes common stock and American depositary receipts of companies that deliver cloud computing infrastructure, platforms, or services. The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, securities of the index, and 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 | Specialty - Technology |
Fund Owner Firm Name | Direxion Funds |
Prospectus Benchmark Index | |
Indxx USA Cloud Computing NTR USD | 200.0% |
Broad Asset Class Benchmark Index | |
^SPXTR | 100.0% |
Manager Tenure | |
Paul Brigandi | 3.23 yrs |
Tony Ng | 3.23 yrs |
Performance Versus Category
As of April 18, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 18, 2024.
Basic Info
Investment Strategy | |
The investment seeks daily investment results, before fees and expenses, of 200% of the daily performance of the Indxx USA Cloud Computing Index. The index is provided by Indxx, LLC and includes common stock and American depositary receipts of companies that deliver cloud computing infrastructure, platforms, or services. The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, securities of the index, and 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 | Specialty - Technology |
Fund Owner Firm Name | Direxion Funds |
Prospectus Benchmark Index | |
Indxx USA Cloud Computing NTR USD | 200.0% |
Broad Asset Class Benchmark Index | |
^SPXTR | 100.0% |
Manager Tenure | |
Paul Brigandi | 3.23 yrs |
Tony Ng | 3.23 yrs |