ETF profile for Direxion Daily Meta Bull 2X ETF (METU) from the issuer: top holdings, net assets, expense ratio and shares outstanding.
METU ETF Profile
| Family: |
Direxion Shares |
| Name: |
Direxion Daily META Bull 2X ETF |
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| Inception Date: |
5-Jun-2024 |
| Termination Date: |
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| Investment Objective: |
The Fund seeks daily investment results, before fees and expenses, of 200% of the daily performance of META. The Fund, under normal circumstances, invests at least 80% of its net assets (plus any borrowings for investment purposes) in the securities of META and financial instruments, such as swap agreements and options, that, in combination, provide 2X daily leveraged exposure to META, consistent with the Fund's investment objective. The financial instrument in which the Fund most commonly invests is swap agreements, which are intended to produce economically leveraged investment results. Meta Platforms, Inc. develops products that enable people to connect and share with friends and family via social media platforms, mobile devices, personal computers, virtual reality headsets, wearables, and in-home devices worldwide in addition to providing online advertising to marketers. |
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| Prospectus |
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| Top 10 Holdings |
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| Derivatives offset |
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-185.2617% |
| META SWAP ASSET LEG |
|
65.8167% |
| META SWAP ASSET LEG |
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51.5380% |
| META SWAP ASSET LEG |
|
34.3146% |
| DREYFUS GOVT CASH MAN INS |
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28.5200% |
| DREYFUS TRSRY SECURITIES CASH MGMT |
X9USDDTP3 |
26.8013% |
| GOLDMAN FINL SQ TRSRY INST 506 |
|
23.1125% |
| META SWAP ASSET LEG |
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19.2739% |
| META PLATFORMS INC-CLASS A |
META |
15.7070% |
| META SWAP ASSET LEG |
|
14.3186% |
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Top 10 Holdings Weight: |
94.1% |
| Number of Holdings: |
11 |
| Shares Outstanding: |
15,500,001 |
| Total Net Assets: |
340,225,024 |
| NAV: |
21.96 |
| Net Expense Ratio: |
1.02% |
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| Asset Class: |
Equities (Stocks) |
| Developed or Emerging: |
Developed Market Funds |
| Country: |
US |
| Region: |
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| Strategy: |
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| Currency: |
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| Commodity: |
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| Sector: |
Communication Services |
| Industry: |
Telecommunications Services |
| Dividend Type: |
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| Tax Exempt State: |
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| Maturity Duration: |
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| Market Cap: |
Large Cap |
| Credit Quality: |
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| Mortgage Bond Types: |
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| Bond Type: |
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| Gov't Bond Types: |
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| Reit Type: |
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| Leverage Direction/Factor: |
Leveraged (2x) |
| Is Currency Hedged: |
No |
| US or Ex-US: |
Domestic |
