Top 10 ETF Movers & Shakers Highlights the top 10 Direxion Leverage & Inverse ETFs in a video that is updated every 10 trading days. Behind the Numbers Behind the Numbers is your weekly gateway to U.S. financial market insight, trends, & compelling statistic shaping the economic terrain. Ope...
Direxion has appointed Douglas Yones, former Head of ETF Products at NYSE, to the position of Chief Executive Officer. INTRODUCING Introducing Direxion ETF SMS Alerts Direxion’s ETF Alerts are designed to help you actively monitor our funds by alerting you to significant price movements and/or...
Meanwhile, the T-Rex 2x Long Nvidia Daily Target ETF has seen inflows on days when Nvidia's share price has fallen, according to flows data from the company, and has pulled in $75.7 million since the beginning of June. The run-up in Nvidia's shares has also bolstere...
Leveraged / Inverse ETF All Positive Inverse Issuer Expenses & Facts Analysis Calendar Yr Chg Cumulative Chg Overview (By Turn.) Overview (By Asset) Name/ Symbol Underlying Asset Last1 Chg Chg% Vol. Turn. NAV (Premium%) Chart Compare XL2CSOPHSTECH 07226.HK +2x Hang Seng...
Against this backdrop, below we highlight a few winning leveraged exchange-traded fund (ETF) areas of last week. Best-Performing Leveraged ETFs in Focus Direxion Daily FTSE China Bull 3X SharesYINN– Up 14.8% Concerns over China’s economic challenges remain rife as the year 2024 reaches its...
We show theoretically, however, that capital flows can lower ETF rebalancing demand and completely eliminate it in the limit. Using a sample of U.S. equity-based ETFs from 2006 to 2014, we find that capital flows substantially reduce ETF rebalancing demand, even during periods of severe market...
a leveraged ETF offering three times daily long exposure to theS&P 500would gain 9% if the S&P 500 gained 3%, and vice-versa if it fell. The key word here is "daily." Because the leveraged exposure is only applied on a daily basis, holding LETFs for periods longer than that can resu...
Real World Example of a Leveraged ETF The Direxion Daily Financial Bull 3x Shares (FAS) ETF holds equities in large U.S. financial companies. It has an expense ratio of 0.94%, and it tracks securities listed on the Financial Select Sector Index (IXMTR, an index of financial sector stocks ...
Famous hedge fund manager and trader extraordinaire,Paul Tudor Jones, had this piece of advice stuck to his office wall: “LOSERS AVERAGE LOSERS.”14 While averaging down is an excellent strategy for long-term investors and swing traders, averaging down on a losing trade in a 3x ETF is ...
Yet even today, common investors can purchase a leveraged exchange-traded fund (leveraged ETF), a complex product that uses leverage to increase returns, without triggering applicable laws designed to regulate the use of leverage. This Comment articulates the basics surrounding the functions and ...