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 | -111.1265% | |
DREYFUS GOVT CASH MAN INS | 37.2885% | |
NYSE FANG+ Index SWAP | 31.2575% | |
NYSE FANG+ Index SWAP | 28.9616% | |
NYSE FANG+ INDEX SWAP | 27.5508% | |
NYSE FANG+ Index SWAP | 23.3566% | |
GOLDMAN FINL SQ TRSRY INST 506 | 14.6671% | |
GOLDMAN SACHS FIN GOV 465 INSTITUT | X9USDGLDS | 9.6919% |
MICROSOFT CORP | MSFT | 4.0543% |
NETFLIX INC | NFLX | 4.0279% |
Top 10 Holdings Weight: | 69.7% |
Number of Holdings: | 18 |
Shares Outstanding: | 529,852 |
Total Net Assets: | 64,237,510 |
NAV: | 120.94 |
Net Expense Ratio: | 0.95% |
Asset Class: | Equities (Stocks) |
Developed or Emerging: | Developed Market Funds |
Country: | US |
Region: | |
Strategy: | |
Currency: | |
Commodity: | |
Sector: | Technology |
Industry: | |
Dividend Type: | |
Tax Exempt State: | |
Maturity Duration: | |
Market Cap: | Large Cap |
Credit Quality: | |
Mortgage Bond Types: | |
Bond Type: | |
Gov't Bond Types: | |
Reit Type: | |
Leverage Direction/Factor: | Leveraged (2x) |
Is Currency Hedged: | No |
US or Ex-US: | Domestic |