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NFXS ETF Profile


Family: Direxion Shares
Name: Direxion Daily NFLX Bear 1X ETF
Inception Date: 3-Oct-2024
Termination Date:
Investment Objective: The Fund seeks daily investment results, before fees and expenses, of 100% of the inverse (or opposite) of the daily performance of NFLX. The Fund will enter into one or more swap agreements with major global financial institutions whereby the Fund and the global financial institution will agree to exchange the return earned on an investment by the Fund in NFLX that is equal, on a daily basis, to -100% of the value of the Fund's net assets. The Adviser attempts to consistently apply leverage to obtain short NFLX exposure for the Fund equal to -100% of the value of its net assets and expects to rebalance the Fund's holdings daily to maintain such exposure. Netflix, Inc. is a streaming services that provides entertainment such as TV series, documentaries, feature films, and mobile games across various genres and languages.
Prospectus
Top 10 Holdings
Derivatives offset 104.4507%
DREYFUS GOVT CASH MAN INS 61.3295%
NETFLIX INC SWAP -34.0867%
NETFLIX INC SWAP -29.8212%
NETFLIX INC SWAP -21.1847%
GOLDMAN FINL SQ TRSRY INST 506 20.4277%
NETFLIX INC SWAP -19.3581%
DREYFUS TRSRY SECURITIES CASH MGMT X9USDDTP3 9.8559%
GOLDMAN SACHS FIN GOV 465 INSTITUT X9USDGLDS 8.3869%
Top 10 Holdings Weight: 100.0%
Number of Holdings: 9
Shares Outstanding: 250,001
Total Net Assets: 5,237,521
NAV: 20.92
Net Expense Ratio: 1.03%
Asset Class: Equities (Stocks)
Developed or Emerging: Developed Market Funds
Country: US
Region:
Strategy:
Currency:
Commodity:
Sector: Communication Services
Industry: Media & Entertainment
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: Inverse (-1)
Is Currency Hedged: No
US or Ex-US: Domestic
Market Data Delayed 15 Minutes