Direxion Daily NYSE FANG+ Bull 2X SharesDirexion Daily NYSE FANG+ Bull 2X SharesDirexion Daily NYSE FANG+ Bull 2X Shares

Direxion Daily NYSE FANG+ Bull 2X Shares

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Key stats

Assets under management (AUM)
‪34.96 M‬USD
Fund flows (1Y)
‪5.94 M‬USD
Dividend yield (indicated)
1.00%
Discount/Premium to NAV
5.8%

About Direxion Daily NYSE FANG+ Bull 2X Shares

Issuer
Rafferty Asset Management LLC
Brand
Direxion
Expense ratio
0.98%
Home page
Inception date
Sep 30, 2021
Index tracked
NYSE FANG+ Index
Management style
Passive
FNGG offers 200% exposure to the ICE FANG 20 Index, which includes big technology firms such as Facebook, Apple, Amazon, Netflix, Google and Microsoft, as well as other companies with similar characteristics. Such other companies are those tied to technologies like social networking, autonomous driving, e-commerce, cryptocurrency, blockchain, AI, and many other innovative technologies. The fund is a concentrated basket of 20 US-listed growth stocks or depositary receipts across the technology, media & communications, and consumer discretionary sectors. FNGG gains such exposure either through direct investment or indirectly through ETFs, and mostly uses swaps and futures to produce its intended leveraged results. Holdings are equally weighted, and are reconstituted and rebalanced on a quarterly basis. As a geared product with daily reset, FNGG is designed as a short-term trading tool. As such, long-term returns could materially differ from the index due to daily compounding.

Classification

Asset Class
Equity
Category
Sector
Focus
Theme
Niche
Big Tech
Strategy
Fundamental
Weighting scheme
Equal
Selection criteria
Fundamental

Returns

1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund

As of April 26, 2024
Exposure type
StocksBonds, Cash & Other
Technology Services
Electronic Technology
Cash
Stocks50.12%
Technology Services24.97%
Electronic Technology15.11%
Retail Trade5.08%
Consumer Durables4.96%
Bonds, Cash & Other49.88%
Cash49.88%
Stock breakdown by region
100%
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows