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FNGG ETF Profile


Family: Direxion Shares
Name: Direxion Daily NYSE FANG+ Bull 2X Shares
Inception Date: 30-Sep-2021
Termination Date:
Investment Objective: The Direxion Daily NYSE FANG+ Bull 2X Shares seeks daily investment results, before fees and expenses, of 200% of the performance of the NYSE FANG+ Index. The NYSE FANG+ Index (NYFANGT) is an equal-dollar weighted Index designed to track the performance of 10 highly-traded growth stocks of technology and tech-enabled companies. The Index is comprised of the securities of U.S.-listed companies that ICE Data Indices, LLC (the "Index Provider") has identified as FANG+ companies, which are comprised of the six FAANMG companies and four non-FAANMG companies. The Index Provider defines the FAANMG as Meta Platforms Inc. (META), Apple Inc. (AAPL), Amazon.com Inc. (AMZN), Netflix Inc. (NFLX), Microsoft Corp. (MSFT), and Alphabet Inc. Class A (GOOGL). The Index is reconstituted quarterly. One cannot directly invest in an index.
Prospectus
Top 10 Holdings
Derivatives offset -146.1377%
NYSE FANG+ Index SWAP 48.9941%
NYSE FANG+ INDEX SWAP 39.9514%
DREYFUS GOVT CASH MAN INS 31.1694%
NYSE FANG+ Index SWAP 28.8038%
NYSE FANG+ Index SWAP 28.3884%
CROWDSTRIKE HOLDINGS INC - A CRWD 6.8729%
NETFLIX INC NFLX 6.8613%
SERVICENOW INC NOW 6.5169%
AMAZON.COM INC AMZN 6.2471%
Top 10 Holdings Weight: 57.7%
Number of Holdings: 18
Shares Outstanding: 529,852
Total Net Assets: 99,385,400
NAV: 187.15
Net Expense Ratio: 0.95%
Asset Class: Equities (Stocks)
Developed or Emerging: Developed Market Funds
Country: US
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Commodity:
Sector: Technology
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Maturity Duration:
Market Cap: Large Cap
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Leverage Direction/Factor: Leveraged (2x)
Is Currency Hedged: No
US or Ex-US: Domestic