Direxion Daily Consumer Discretionary Bull 3X SharesDirexion Daily Consumer Discretionary Bull 3X SharesDirexion Daily Consumer Discretionary Bull 3X Shares

Direxion Daily Consumer Discretionary Bull 3X Shares

No trades
Buy WANT

Key stats


Assets under management (AUM)
‪24.11 M‬USD
Fund flows (1Y)
‪−19.23 M‬USD
Dividend yield (indicated)
0.81%
Discount/Premium to NAV
−0.3%

About Direxion Daily Consumer Discretionary Bull 3X Shares


Issuer
Rafferty Asset Management LLC
Brand
Direxion
Expense ratio
0.98%
Home page
Inception date
Nov 29, 2018
Index tracked
Consumer Discretionary Select Sector
Management style
Passive
WANT is a daily 3x leveraged bet on the S&P Consumer Discretionary Select Industry Index. WANT does this through a portfolio of swaps contracts that gets rebalanced at the end of each trading day. Because of this rebalancing, the funds return for periods longer than a day becomes path dependent, and is likely to be different from three times the return of the index for the same period. This makes WANT suitable primarily for short-term traders. The expense ratio has minimal impact on the cost of holding these funds for a short period of time, and would matter little to someone who is speculating on the short-term movements of consumer discretionary companies. Trading costs as reflected in spreads, and potential premium/discounts are the predominant consideration here.3

Classification


Asset Class
Equity
Category
Sector
Focus
Consumer discretionary
Niche
Broad-based
Strategy
Vanilla
Weighting scheme
Market cap
Selection criteria
Committee
What's in the fund
Exposure type
StocksBonds, Cash & Other
Retail Trade
Consumer Services
Consumer Durables
Cash
Stock breakdown by region
100%

See all ideas 

Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.